Master in Finance Degree Programmes



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Master in Finance Degree Programmes Preparing Financial Leaders

Transform your Future For more than half a century, INSEAD has been developing ambitious business leaders with a unique global perspective. Our close links to the international business community, our unique participative teaching style and our outstanding faculty are just some of the assets that have contributed to building our global reputation. Since 2012, INSEAD has been drawing on these resources to deliver a unique, two-continent Master in Finance programme for working professionals. Our goal is to prepare the next generation of leaders who will drive the corporate finance and financial services industries into the future. We work closely with employers to ensure that we achieve this goal and the career paths of our Master in Finance alumni to date are already showing great success. Is it time to transform your career with the INSEAD Master in Finance?

Real-time Transformation The Master in Finance blends cutting-edge theory and best practice. The curriculum is built around a finance core combined with accounting modules, concentrations, elective courses, and a capstone project, all of which are designed to make an immediate impact on your work. Uniquely for a Master in Finance, the programme also equips you with essential leadership and management skills, setting finance in a strategic and global context and preparing you for a senior role. Implicit throughout the programme, the question of leadership comes to the fore in the final capstone module. Core Courses Finance Modules Finance is at the heart of the academic content. Core and concentration courses operate at a postgraduate level, covering a comprehensive range of topics, tools and techniques that you can apply to complex financial transactions. Courses and topics include: Asset Pricing Models Leveraged Buyouts Capital Budgeting Market Efficiency Capital Markets Mergers and Acquisitions Company Valuation Optimal Capital Corporate Finance Structure Distressed Restructuring Options Dividend Policy Portfolio Theory Equity and Debt as Share Repurchase Derivatives Swaps Forwards and Futures Time Value of Money Initial Public Offerings Yield Curves and Bond Interest Rate Risk Valuation Accounting Modules The principles and applications of accounting used as part of financial analysis are important elements in this degree. These skills and insights are a foundation for account valuation and entity accounting. Courses and topics include: Accounting Analysis and the Deferred Taxes Equity Method of Accounting Inventories Accounts Receivable and Leases Marketable Long-Lived Assets Securities and Liabilities Balance Sheet and Income Ratio Analysis Statement Concepts Shareholders Equity Corporate Financial Statement of Cash Flows Reporting Valuation Concentrations The third module of the programme gives you the opportunity to concentrate on either Corporate Finance or Financial Markets, depending on your current role, and future aspirations. Corporate Finance concentration courses: Advanced Corporate Finance International Corporate Finance Project Finance Venture Capital Finance Financial Markets concentration courses: Asset & Liability Management in Banking Credit Markets Equity Investment Options and Derivatives Investments Elective Courses The programme offers a portfolio of electives that evolve with the changing priorities and needs of the financial industry and the wider business world. We carefully take into account feedback from employers and previous students to ensure that the selection on offer is fully up to date, as well as share insights into the very latest INSEAD research. Sample elective courses: Asia-Pacific: Trends and Development in Finance and Business Behavioural Finance Integrated Risk Management and Practice Private Equity Financial Negotiation Capstone Module The INSEAD Master in Finance has a distinctive concluding module that ties together all of the topics covered by the programme and gives them a management and leadership twist. The sessions make the final link between your current business practices, your learning at INSEAD and your future career success. Capstone courses: Leadership: Relationships, Performance, Acumen and Communication Global Financial Services and Asset Management Strategies, Prospects and Trends Financial Investments Fair Process and Board Management

Designed for Career Success The INSEAD Master in Finance is delivered in 5 modules over 20 months, allowing you to study at one of the most prestigious business schools while continuing to work. It takes place on our campuses in Asia (4 modules) and Europe (1 module), giving you the opportunity to experience two very different international business environments. Each class consists of people from widely divergent cultural and professional backgrounds, which means that you will learn from each other, as well as from INSEAD s world-leading finance faculty. And, when you graduate, you will become part of a truly global network that will support your lifelong personal and professional goals. Independent Study Time In addition to the 12 weeks spent on campus, there is significant work to be completed between modules, often aimed at applying classroom theory to your everyday practice. The independent study equates to approximately 17 weeks of full-time learning over the course of the programme. Programme Length Modules On-Campus Learning 20 months 5 12 weeks Structure Month Duration Campus Module 1 Core Course 18 Sep 8 Oct 16 3 weeks Asia Module 2 Core Course 13 Feb 4 Mar 17 3 weeks Asia Module 3 Concentration 18 Jun 30 Jun 17 2 weeks Europe Module 4 Electives 13 Nov 24 Nov 17 2 weeks Asia Module 5 Capstone & Graduation* 23 Apr 4 May 18 2 weeks Asia * Graduation ceremony on the 5 th May 2018

Nurturing your Career Development All of our Master in Finance students are already set on a successful career trajectory in a finance-related role. However, skills for self-analysis and self-promotion are essential to anyone aspiring to leadership in business. Whether you are looking to build your career within your current organisation or looking for a change, our Career Development Centre offers workshops and coaching to help you bring into focus your individual goals for professional development, and foster the skills to achieve them. Multiple Perspectives Class of 2017 30 Participants 31 Average age 20 % Women 7 years Average work experience 13 Nationalities Main Industry Sectors Investment Banking / 37% Sales & Trading Investment Management 20% Retail and Commercial Banking 13% Corporate Finance 13% Private Equity 10% Other 7% Participant Profiles VP / Director 50% Analyst 20% Associate 17% Manager 10% CFO 3%

Marnie Smith, MFin 2014 Canadian Professional Experience: Head of Canadian Oil & Gas, Macquarie Capital Markets, Calgary, Canada The quality of the professors is far beyond anything I ve experienced in academia before. Every course is a wealth of knowledge, combined with real-world experience. After each class I thought to myself, surely this run of outstanding teaching will end with the next professor, and yet each brought to the classroom a new form of wit, an equally impressive biography, and new challenges to our conventional ways of thinking about finance.

Your Journey Starts Here While displaying a remarkably wide range of backgrounds and experiences, successful INSEAD Master in Finance candidates are distinguished by demonstrated quantitative skills, academic excellence, strong interpersonal skills and the potential to succeed as a leader in a competitive, global business environment. Our admissions process is designed to ensure the best possible fit between you and the INSEAD Master in Finance programme. Throughout the process, we will be looking for qualities and criteria that we know make the best participants. Admissions Criteria Academic Capacity Academic foundation: Bachelor s degree or equivalent from a recognised college or university. GMAT or GRE INSEAD does not have a minimum required GMAT or GRE score, but in order to be competitive, you should aim to achieve a score at or above the 75-80 th percentiles in the quantitative section of either test. Professional Experience We prefer applicants with a minimum of four to six years experience in a finance-related role. Applicants with less experience who demonstrate strong quantitative skills and exceptional maturity through their professional and personal experiences may also be considered. Application Deadlines September 2016 intake (Class of 2018) Round 1: 1 November 2015 Round 2: 1 February 2016 Round 3: 1 May 2016 Round 4: 1 July 2016 Meet Us Throughout the year, we host Master in Finance events on campus, worldwide as well as online. Join us at one of these sessions to learn more about the programme and meet faculty and admissions staff. Please refer to our website for a complete list of upcoming events. Contact Us Email: mfin.info@insead.edu Tel: +65 6799 5123 Visit Us Online http://specialised-degrees.insead.edu/masterin-finance/ https://linkedin.com/company/insead https://twitter.com/insead http://facebook.com/insead http://youtube.com/inseadofficial

INSEAD Europe Campus Boulevard de Constance 77305 Fontainebleau Cedex, France Tel: +33 (0)1 6072 4000 INSEAD Asia Campus 1 Ayer Rajah Avenue Singapore 138676 Tel: +65 6799 5388 INSEAD Abu Dhabi Campus 4th Street - Muroor Road P.O. Box 48049 Abu Dhabi, United Arab Emirates Tel: +971 2 651 5200 INSEAD 2015-2016 Selected Photos: Matt Stuart, James Bowden Design: Method Media Pte Ltd mfin.info@insead.edu www.insead.edu