How To Become A Financial Consultant

Transcription

1 The Master of IT and Finance trains financial engineers with a strong capacity to make use of efficient and powerful computational tools, both hardware and software. Students will learn to model complex instruments options, derivatives, securities - and contingent risk situations market, credit and operational taken from the banking, insurance, and brokerage and clearing environments. They will acquire the skills to create programs that deal with these advanced financial technologies as well as learning the fundamental financial legislations. Typical positions are in front office trading, middle office, finance consulting, risk modelling and management, quantrelated software engineering and editing. For more information Pr. Duc Pham Hi Head of Finance departement Ph.D, Operational Research, Ecole Centrale, Paris Basel II Operational Risk officer at French Banking Commission phamhi@ece.fr Marivi Marivi Garcia Garcia Botsmakian Botsmakian International Officer officer in charge of Study Abroad programs garciabo@ece.fr Final year internships often lead to job offers in numerous financial corporations and banks such as BNP-Paribas, Société Générale, Calyon, Natexis AM, HSBC, or consulting and software firms such as Bearing Point, Deloitte, Accenture, Logica, Calypso, Sopragroup, Program Benefits Educating and training engineers who can design, develop and use : * Software and hardware * Financial and scientific computation systems * Market interface and trading systems Building expertise in the following technological fields : * Options and derivatives on stocks and interest rates * Term structure, Rates and Volatilities surfaces * Risk models in market, credit or operations domains * Portfolio optimization techniques * Applied quantitative and numerical algorithms Reaching the following target industries : * Banking industries * Insurance industries * Consulting services * Internal and external Audit services Training engineers for IT consultancies in : * Financial package sales engineering * Financial IT deployment services * Trading information systems * Regulatory financial reporting Preparing our graduates for the following positions : * Assistant traders and Traders * Middle officers * Structured products engineers * Risk modelling engineers * Financial Compliance officers

2 Semester 1 syllabus FLE French culture and language Develop your understanding and grasp of contemporary French culture and language. Professionalisation option 1 Minor Deepen your understanding of a chosen professional context. Options available: Business engineering, Entrepreneurship, Consulting, Multimedia, International, Research, Associative Project, Personal Project, Management & Language 1 + Report + Report YEAR 1 - SEMESTER 1 - FALL - SEPTEMBER TO DECEMBER Develop communication skills for effective group coordination and management and conflict resolution, with the objective of improving team productivity and effectiveness. English Develop your understanding and grasp of contemporary English culture and English language. Financial Management Learn how to analyse the financial situation of a company, the competitive and economic context, and use this information for effective decision making. Systems engineering 1 Describing system architecture with UML Design and model the architecture of complex communicating systems using UML. Identify good and bad architecture using Design Patterns and Anti-Patterns. Specify real-time constraints with MARTE. Model a protocol. Project Management Understand the lifecycle of an industrial IT project, its phases and documentation. Learn how to use tools and techniques for planning, budgeting, and organising project resources. Multi-disciplinary Project Apply the tools and techniques presented in the other courses of this module to a yearlong, multi-disciplinary (hardware + software + networks) industrial project. Methodology 1 Technology Project Embark on an independant research project into new, innovative or interesting technologies outside of the academic curriculum. Analysis and Assessment, and presentation of findings in a public poster session. Operational Research Apply mathematical techniques such as modeling, statistics, and algorithms to the optimisation of complex real-world problems, and apply these in a decision-making process. + work + work 2 8h 50h Assessment : Poster & demo Programming 1 Databases Discover database essentials: The principals of a DBMS operation (Oracle); The Entity- Relationship model; Normalisation and optimisation of the E-R model; SQL. Compilation and language theory Learn about the concepts and techniques of compilation and language translation. + lab work 21h + work Systems 1 7 ECTS Linux Use and Programming Learn about the architecture and operation of the Linux operating system; system use and shell programming; system programming in C (tools, libraries, methods). Web Technologies Discover the architecture, technologies and ergonomics of Rich Internet Applications: HTTP, HTML, CSS, PHP, XML, AJAX. + lab work 24h

3 Semester 2 Syllabus Professionalisation option 2 Minor Continue the first semester minor. Options available: Business engineering, Entrepreneurship, Consulting, Multimedia, International, Research, Associative Project, Personal Project + Report 30, Management & Language 2 YEAR 1 - SEMESTER 2 - WINTER - JANUARY TO APRIL Develop communication skills for effective group coordination and management and conflict resolution, with the objective of improving team productivity and effectiveness. English Further your understanding of contemporary issues & English language. Financial Management Learn how to analyse the financial situation of a company, the competitive and economic context, and use this information for effective decision making. Systems engineering 2 Multi-disciplinary Project Apply the tools and techniques presented in the other courses of this module in a yearlong, multi-disciplinary (hardware + software + networks) industrial project. Methodology 2 Technical Project Creative project of computer science applied to art. Example subects: Code visualisation, sound capture and transformation, games-based character design and films Operational Research Learn how to apply mathematical techniques such as modeling, statistics, and algorithms to the optimisation of complex real-world problems, and apply these in a decision-making process. Programming 2 C# Discover database essentials: The principals of a DBMS operation (Oracle); The Entity- Relationship model; Normalisation and optimisation of the E-R model; SQL. Java Learn about advanced object-oriented design and programming. Multi-threading, Swing, JDBC, I/O, Networks.. Artificial Intelligence Present the concepts and principal approaches in the domain of Artificial Intelligence (expert systems, fuzzy logic, neural networks, genetic algorithms and meta heuristics). + Report 1 24h + Pro- 100h 5 ECTS Assessment : work 2h 10h 7.5 ECTS + work + work + work Systems ECTS Computer Networks 2 Study the IP, UDP, TCP Protocols. You will also study the following protocols: NFS, NIS, DNS, NETBIOS, DHCP, WINS and HTTP. Operating Systems Explore the fundamental challenges of operating system design (memory, processes, file systems and access control), and the approaches in place today. Practical application under Linux. Computer Security Discover fundamental security topics including cryptography, operating systems security, and language-based security. You will learn how to analyze, design, and build secure systems of moderate complexity. + lab work 8h + 8h

4 Semester 3 Syllabus M1 Internship, UCI and SBO Internship M1 Results of the technical Internship from April to August - Master 1st Year Management Seminar at the University of California, Irvine Follow a 3-week management seminar at UCI covering 4 themes : People Management, Financial Management, Manufacturing Management and Marketing Management. Sector-Based Concentration Acquire technical, metholodogical and sector-specific competencies in emerging and innovative technologies identified as having strong future growth potential. Examples: Internet, Health, Biometry, Nanotechnology, Automobile, Energy.., Management & Language 12 ECTS + work 60h YEAR 2 - SEMESTER 3 - FALL - SEPTEMBER TO DECEMBER Reach a better knowledge of yourself in order to increase your skills, understand others, and manage them in the best possible way. Intellectual Property Law Learn about patent and intellectual property laws. Sustainable Development Discuss the stakes and issues of sustainable development along three main guidelines : society, economy and environment. Strategic Management Discover decision-making techniques based on the analysis of a company, and its competitive and economic environment. Quantitative Methods for Risks Risks and Regulations Learn national and international frameworks of regulatory texts that govern the financial world and its activities: Basel I & II, Solvency II, and the corresponding supervisory bodies Credit Risk modelling Apply modelling techniques to banking activities in lending and borrowing, securitization, default modelling Operational Risk modelling Apply modelling techniques to risks such as Fraud, litigations, physical damage to assets and business disruptions Advanced Mathematical Foundations Stochastic calculus Learn mathematical foundations for dealing with random based processes and their tranforms. Statistics for Modelling Estimation theory, maximum likelihood, Bayesian inference and Markov chain Monte Carlo. Simulation Discover Monte Carlo, Quasi Monte Carlo, Stratified sampling and importance sampling for simulations Assessment :Report 21h 24h + work 10h + work 10h X Assessment : work Financial products Options and derivatives on stocks Explore pricing, hedging, computing risks for derivatives on Stocks and shares, both vanilla and exotic Options and derivatives on interest rates Explore pricing, hedging, computing risks for derivatives on interest rates, and calibration of Libor Markets. Options and derivatives on Loans Study computing CDO s CDS, CPPI, other products and introducing tranching techniques. Financial markets Portfolio management Get insights on Hedge Funds and other funds - Strategies and Theories. Electronic markets and banking information systems Follow practical overview of electronic platforms used in markets 8h

5 Semester 4 Syllabus Final Project Final Project Apply the tools and techniques acquired over the two years of the master program in a one-month, full-time development project (with industrial partners). Engineering Internship Engineering Internship Conduct an «engineering» internship at a level equivalent to that of a qualified engineer, from February to September. 150h 22 ECTS YEAR 2 - SEMESTER 4 - WINTER - JANUARY TO AUGUST English Certification English Certification You are required to take a TOEFL or TOEIC certification exam and to reach a certain score to pass the ECTS credits and graduate. Engineering Attitude Engineering Attitude Behave according to what the French Engineering Charter expects of engineers. How to Apply 1 ECTS 1 ECTS MASTER OF INFORMATION TECHNOLOGY AND FINANCE Visit and download the application. Submit the completed application by mail or fax to : ECE Study Abroad Program 37, quai de Grenelle CS PARIS CEDEX 15 Tél. : Fax : For more information Marivi Garcia Botsmakian garciabo@ece.fr