The MASEF is a research master program in applied mathematics, specialized in the fields of finance and economics. It is a M2 track of the Master Program in Applied Mathematics of Paris Sciences et Lettres, co-authored by Université Paris-Dauphine, ENS, Ecole des Mines, Ehess, and the Observatoire de Paris. It benefits from a partnership with Ecole Centrale de Paris.
Courses are taught in English for international students.
The MASEF trains high-level probabilists and mathematicians in mathematical techniques used in risk management and economics.
The balance between core courses (stochastic processes, advanced statistics, mathematical finance, game theory), more applied courses, and thematic cycles ensures that students receive an advanced training, oriented towards academic research or to positions with a strong quantitative component in the industry, in particular in banks (structuring, trading, risk control, etc.).
Organization of training
The training includes a core curriculum of four compulsory courses. Options are grouped into three blocks (Stochastic Process and Numerical Methods, Economy and Games, Finance and Risk Management). Six optional courses must be validated, one of which must be taken at least in each block.
Students who wish to become acquainted with academic research may opt for the “Individual Project” path: the execution of a research work supervised by a researcher replaces two optional courses.
The training includes a mandatory internship of at least four months in a company or in a research laboratory.
Master 1 of Pure Mathematics, Applied Mathematics or Grandes Ecoles Scientifiques. Selection is made on academic file. National university tariffs are applied. To apply, click here .
Discipline: Mathematical Finance, Probability, Random Modeling, Processes and Stochastic Control, Statistics of Processes and Econometrics, Numerical Probabilities, Game Theory.
Scope: Market finance, quant, trading, risk control, quantitative portfolio management, alternative management, insurance, …