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Applications to the MMF Luxembourg are now open.

Next deadline:
June 15, 2026

Program Overview

Complete the MMF LuxembourgÌý(Part-time) programme in 24 months

The Luxembourg-based MMF is a 24-month part-time programme designed to develop a strong financial expertise through a blended delivery format for working professionals. Students complete 12 courses (36 credits) over five academic terms, with an emphasis on experiential learning. In the final term, students undertake a 9-credit Applied Finance Project, bringing the total to 45 credits. This flexible format is ideal for professionals looking to advance their careers while gaining practical experience and expertise in finance.

Ìý August Fall year 1 Winter year 1 Summer year 1 Fall year 2 Winter year 2 Summer year 2

24 month

45 credits

Bootcamps,
workshops

Required courses

6 credits

Required courses

6 credits

Required courses

6 credits

Required courses

6 credits

Required courses and
Applied Finance Project

6 + 4.5 credits

Required courses and
Applied Finance Project


6 + 4.5 credits

- Analyst at Desautels Capital Management, Inc. (DCM) -

Academic framework

The MMF Luxembourg curriculum is designed to equip graduates with high-impact, industry-relevant skills that align with Luxembourg's position as a leading financial centre. Courses immerse students in real-world finance across three core areas: asset and investment management, private equity and venture capital, and capital markets and risk management, developing the analytical tools, strategic expertise and deep finance knowledge needed to excel in today's global financial sector.

Explore what you will learn in the Master of Management in Finance.

MMF LUX

ACCT 604. Financial Statements 1.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

Explores financial reporting and statement analysis, focusing on extracting and interpreting financial and non-financial information to assess and forecast firm performance. Covers accounting principles, major financial statements, ESG metrics, management biases, fraud detection, major financial patterns, and valuation.Evaluation of firm performance and application of valuation techniques.
  • **This course will be held on June 26, 27, 28, July 2, 4, 5, 8, 9, 11, 12, 15, 16, 18 & 19 and final exam on July 22nd.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Course Add is the fourth lecture day.
  • **Web ADD only.
  • **No web drop allowed.
  • **Web withdrawal not applicable.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 680. Investments.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Financial markets, portfolio theory, and portfolio management.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Add/drop is the second lecture day and withdrawal is the fifth lecture day.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

Course information not available.

FINE 679. Corporate Finance Theory.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

Framework for analyzing the investment and financial decisions of corporations. Capital structure decision and its effect on the value of a firm. Valuation with an emphasis on the benefits and limitations of the different valuation methods.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 688. Mergers and Acquisitions.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Mergers and acquisitions, and corporatere organizations and restructuring, including leveraged buyouts and restructuring in financial distress/bankruptcy. Corporate governance as an organizing framework and how corporate control is exercised, influenced, and changed.
  • Prerequisite: FINE 679.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 681. International Capital Markets.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Development of a few simple, but powerful economic principles to understand the role,structure, and functioning of capital markets and institutions around the world. Analyses functions and structure of the financial system, central bank and monetary policy, financial crises, and major securities markets (e.g., equity, bond, mortgages) and participants. Emphasizes the role of banks, shadow banks, and the regulatory environment, as well as the fund industry, and the role that financial markets and institutions play in the governance of firms.
  • **This course will be held on August 5, 6, 7, 8, 9, 12, 13, 15, 16, 19, 20, 22 & 23 and final exam on August 26th.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Course Add is the fourth lecture day.
  • **Web ADD only.
  • **No web drop allowed.
  • **Web withdrawal not applicable.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 683. Advanced Corporate Finance.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Introduction to startups with an emphasis on the institutions and practices employed in the venture capital industry. Alternative funding channels (e.g., angel investors) and, most importantly, alternative viewpoints and interests (e.g., entrepreneurs, employees, advisory).
  • Prerequisite: FINE 679.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 684. Fixed Income Analysis.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Fixed income financial instruments and their uses for financial engineering and risk management.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 682. Derivatives.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Introduction to derivatives markets, focusing on the review of institutional features of derivatives contracts, the valuation, the hedging and the use of popular derivatives such as options, futures, and interest rate derivatives. Fundamental valuation, practical applications, and examples on how these contracts are used in the financial industry. The risks and governance concerns associated with the use of financial derivative contracts.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 685. Market Risk Management.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Measuring and managing risks facing corporations, focusing on aspects of market risks.
  • Prerequisite: FINE 682.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 687. Global Investments.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Top-down portfolio management skills, including basic understanding of the global investment approach.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 692. Advanced Topics in Finance 3.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Current selected topics in finance.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 691. Advanced Topics in Finance 2.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Current topics in finance.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 674. Fintech.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Explores how digital technologies and business model innovation are reshaping finance. Covers alternative financing models such as crowdfunding and token offerings, along with developments in payments, digital currencies, digital ledger technologies (both permissioned and permissionless), smart contracts, the oracle problem, and tokenization. Covers core concepts and draws on research insights. Addresses financial inclusion and other ESG-related challenges in this context, and includes a team project related to these themes.
  • Restrictions: Not open to students who have taken FINE 691 when topic was "Fintech".

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

Applied Finance Project

FINE 671. Applied Finance Project.

Credits: 9
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Research project supervised by a Faculty member of the Desautels Faculty of Management.
  • Prerequisite: FINE 670

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

The integrative finance project is a core component of the programme, providing students with the opportunity to immediately put into practice the skills and knowledge acquired in the classroom. Students fulfill this requirement in three overlapping stages:

  1. Desautels Capital Management Inc.: Upon entry into the program, students join as analysts. DCM is a licensed and regulated asset management firm with an independent board of directors and external investors. As analysts, students are responsible for a particular sector, identifying investment opportunities and pitching them to colleagues. Students are responsible for dealing with regulatory issues, compliance, trading and execution, back office settlement, preparation and filing of financial statements and client communication.
  2. Professional seminar series: Regular seminars expose students to current issues and practices in financial markets. Led by professionals from various industries, e.g. hedge funds, pension funds, tax/legal accountants, etc., seminars provide practical insight and unique networking opportunities.
  3. Final project: Students work on a finance topic of their choice under the supervision of a faculty member. The project offers the opportunity to think independently and creatively about an important financial topic, apply their quantitative skills and showcase marketable skillsets in an area of their interest..

See a list of theseÌý>

International study trip

In the Fall of year two, students enrolled in the MMF programme travel to London, England to witness firsthand how today’s financial sector operates in a booming metropolis. Over five days, and thanks to Âé¶¹´«Ã½ÍøÕ¾â€™s extensive alumni network, students meet with several distinct financial organizations that operate across areas such as asset management, real estate, risk management and private equity.


Âé¶¹´«Ã½ÍøÕ¾ Luxembourg Centre for FinanceThe part-time MMF programme in Luxembourg was made possible through the support of the Âé¶¹´«Ã½ÍøÕ¾ Luxembourg Centre for Finance and its founding partners: the Luxembourg Ministry of Finance, the Luxembourg Bankers’ Association (ABBL), and the Association of the Luxembourg Fund Industry (ALFI).

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