Athens University of Economics and Business (AUEB)

M.Sc. in Financial Management

The M.Sc. in Financial Management is a new postgraduate program of the top ranked Department of Accounting and Finance of the Athens University of Economics and Business, the oldest and most renowned business school in Greece. The program was established in 2018 and is entirely taught in English. The program aims to attract international full-time students or business executives who are employed in multinational companies based in Greece and wish to develop their skills in the constantly evolving field of Financial Management. It offers an intensive, up to date, program to a small group of highly motivated students, with talent and good prospects. The program’s curriculum is in line with the latest scientific developments, designed to offer specialized knowledge, focusing on current international trends.

The Program offers:

• A full time course of 12-month duration
• A part time course of 24-month duration,

The Program’s Mission

The program’s mission is the advancement of knowledge and scientific research in the field Financial Management. Especially when considering the unstable national and international economic conditions, as well as the high complexity of financial markets, specificed knowledge in those fields is now more than ever essential for climbing the executive ladder in any given industry. This mission is accomplished through a contemporary and well-designed curriculum that utilizes a variety of teaching methods apart from the study of international scientific literature, such as laboratory classes, case studies, and individual or team assignments.

Admission Criteria and Applications

The M.Sc. program in Financial Management offers an intense study program that attracts highly motivated intelligent applicants, with good undergraduate studies, very good command of the English language, talent, and good prospects, who are ready to work hard and have the ambition to reach top positions on the executive ladder. The Program is addressed to students that have recently graduated and seek to continue their studies at postgraduate level (full time course), as well as to business executives holding a bachelor degree who wish to upgrade their knowledge in the field of Financial Management (part time course). The program has a rolling admissions procedure, with multiple deadlines every year. Applications are submitted online. Places available are limited, so prospective students are advised to submit their applications early.

Program Structure

The Master’s Program in Financial Management is equal to seventy five (75) ECTS credits (European Credit Transfer and Accumulation System), and includes twelve (12) courses units, worth five (5) ECTS credits each, as well as the M.Sc. Dissertation, worth fifteen (15) ECTS credits. For part-time students, eight (8) courses units are offered in the first year of studies and four (4) in the second year, while classes are held during evening hours. The program is entirely taught in English.

Course title	ECTS
1st Semester
1st Period
Financial Management	5
Econometric Methods	5
Accounting for Corporations I	5
2nd Period
International Finance	5
Corporate Finance	5
Accounting for Corporations II	5
2nd Semester
3rd Period
Investment Management	5
Accounting Measurement of Financial Instruments IFRS 9	5
Fundamental Analysis of Investments	5
4th Period (students must select three courses equal to a total of 15 credit units)
Derivatives Markets and Valuation	5
Corporate Financing: Trends and Developments	5
Commercial and Investment Banking	5
Fraud Examination	5
Mergers and Acquisitions	5
Taxation Issues	5
Financial Planning	5
Dissertation - Summer Months
Data Collection, Analysis, Writing, and Presentation of Dissertation	15

Job placement Graduates of the program benefit from the excellent relations that the Department of Accounting and Finance has built over the twenty-five years of its existence with firms in the financial sector. Students graduate well equipped to seek employment and follow successful careers in the private and public sector, either in Greece or abroad. Program’s graduates are being hired well prior to the completion of their studies by commercial and investment banks, financial institutions, brokerage firms, consulting firms, insurance companies, real estate agencies and shipping firms.

Tuition fees

The program’s tuition fees come up to 6.200€ for the full time group of studies and 6.400€ for the part time group of studies.

International Accreditations of the Program

The program was recently added to the Chartered Financial Analysts’ (CFA) University Affiliation Program, and grants two scholarships per year to its graduates that wish to sit for the CFA exam.

International Students

Upon arrival in Greece all international students have to go through the following steps:

• Register at the University
• Apply for a residence permit.
• Apply to DOATAP (Hellenic National Academic Recognition Information Centre (NARIC) for recognition and validation of Bachelor's degree.

Athens City

Athens is the capital and largest city in Greece with a population of over four million people. Given its strategic location and membership in the European Union, Greece plays a key role in the international trade between Europe and the rapidly developing Balkan and Asian countries. Greece is also the biggest investor in the Balkans.

In addition, Athens is the cradle of democracy and academia. The city combines its unique history and archeological monuments with a vibrant way of living and unforgettable nightlife. Athens is also a city with many different aspects and landscapes. A walk around the famous historic triangle (Plaka, Thission, Psyri) reveals a blend of many different eras: ancient monuments and old mansions along with sophisticated contemporary buildings, luxurious department stores next to small friendly shops, and fancy gourmet restaurants situated alongside traditional taverns. Last but not least, Athens is not only one of the safest cities in the world, but one of the most hospitable as well!

Getting around Athens is also very easy and affordable nowadays because the city offers a very good public transportation network with the underground, metro and suburban railway reaching almost every single neighborhood in the city! In addition, public shuttle buses and trolleys are very convenient for getting around the city Centre in no time! There is also a tram which connects the city Centre with the beautiful seaside suburbs and the Athenian coastline! Living in Athens will give you the best of student years’ memories. As an MSc student, you will acquire productive, rewarding and enjoyable time in AUEB, plus you will live the unforgettable student experience in Athens!

About Athens University of Economics and Business (AUEB)

Athens University of Economics and Business (AUEB) is the third oldest Higher Education Institution of the country and the first in the field of Economics and Business Administration. Over the course of time, the fields of Informatics and Statistics were added to its curriculum. Since it was founded in 1920, it boasts a rich tradition of significant academic achievements that define the present and create excellent prospects for the future.

The University, as a center of excellence in academic research and teaching, is rated as one of the leading universities in Greece and one of the best internationally in the cognitive subjects it serves. The high level of its scientific staff, the quality in teaching and research, the modern curriculum/courses, but also the high demand of its graduates enhance significantly the University’s brand name and reputation, in Greece and abroad. AUEB is conveniently located in downtown Athens, less than one kilometer from the National Museum and the central Omonia Square.

The program is housed in the new Graduate School building at Evelpidon & Lefkados Street. It is located across from the Pedion Areos Park and near the Panellinion Stadium. This modern building, initiated in 1999, is well organized with amphitheaters, classrooms, computers labs, and student areas. The area around the University (Patission-Kypseli) is a very lively area with a public transportation network with subway, trolleys and buses that reach all of Athens and its surroundings. The area is easy to walk, with many different ethnic restaurants and neighborhoods, museums, shops, theaters and sports events. Many restaurants and cafes are conveniently located in or around the University area.

Students can participate in several athletic activities, using the facilities of the nearby Panellinion Stadium. In addition, students can participate in various cultural activities of the University, such as theatrical and musical performances, dancing, etc. The University supports the development of international student relations, organizes foreign language classes, computer/software literacy classes, and courses in modern Greek as a foreign language for foreign students and expatriated Greek students.

Meals

In the main building of the University there is a restaurant where all members of the university community can enjoy meals for free or for a minimum fee.

Medical Services, Insurance / Healthcare

Undergraduate, postgraduate and PhD students of the University who have no other medical and hospital care are entitled to full medical and hospital care in the National Health System with coverage of the relevant costs by the National Health Service Provider. The doctor΄s office is located in the main building and operates on some working days as announced. A psychiatric counseling service also operates at the University, staffed with a physician specializing in the treatment of mental health issues.

Library and Study Rooms

The Library & Information Center of the University was established in 1920 and operates on the first and second floor of the University's main building. The AUEB Library is a member of the Hellenic Academic Libraries Association (Heal-LINK), the European Documentation Centers Europe Direct and the Economic Libraries Cooperation Network (DIOB). The Library lends all its printed collections, except for magazines and statistical series, in accordance with its internal rules of operation. The Library and Information Center offers reading rooms, computer workstations for visitors, photocopiers and printing machines, and interlibrary loan of books and journal articles from other academic libraries that are members of its network. More information can be found here.

International Programs and Information on International Student Mobility

Athens University of Economics and Business is actively involved in the Erasmus+ Program by promoting cooperation with universities, businesses, and international organizations of the European Union (EU) as well as in the mobility of students, teaching and administrative staff. Within the framework of this Program, the University collaborates with more than 220 European Institutions on the subjects that its Departments encompass. It is worth mentioning that more than 7,000 students have participated in the "Erasmus" Program to date.

Foreign Language Courses

Knowledge of foreign languages is a necessity in today’s educational and professional context. The Student Club offers opportunities of attending foreign language classes. Classes are held in English, French, German, Spanish, Italian and Russian, and new language seminars are available upon request. More information can be found here.

Athletic Activities

Students can participate in individual and team sports activities through the Department of Physical Education, which is staffed by University personnel, as well as a number of part-time instructors specialized in various sports. The University cooperates with the City of Athens Culture, Sports and Youth Organization and uses public and private sports facilities. More information can be found here.

Cultural Activities The Student Club organizes various cultural activities, such as theater, traditional dance, choir, photography, cinema, rhetorical club and Model Of United Nations (MUN). More information can be found here.