Programs

Master's in Finance

The Program

Master’s in Finance and International Master's in Finance

This program will enable you to develop a solid knowledge, analytical and problem-solving competencies in the financial area. You can choose to focus your studies in Portugal, but there’s also the opportunity to learn across borders and to do business across borders through our international tracks.

Below you can find more information regarding the basic structure of the program, but remember — you can tailormake the curriculum according to your interests. Please have a look at the electives (specialize in a particular field), areas of expertise (focus a part of your studies on a specific area of interest) and professional development modules (let’s talk about responsible leadership and creative thinking) sections as well, to make sure that your Master’s reflects the way you want your career to move. 

Week 1

  • Discovery Week


1st Semester (30 ECTS)

  • Mandatory Courses
  • Electives
  • Study Trips
  • Professional Development Modules
  • Mastering Your Career
  • Conferences, Meeting with Alumni, Networking Events, Business Forum


2nd Semester (30 ECTS)

  • Electives
  • Professional Development Modules
  • Study Trips
  • Career Development Program
  • Mastering Your Career
  • Mentoring Program
  • Conferences, Meeting with Alumni, Networking Events, Business Forum


3rd Semester (30 ECTS)

  • Work Project
  • Career Development Program
  • Conferences, Meeting with Alumni, Networking Events, Business Forum
  • Corporate Finance
  • Investments
  • Empirical Methods for Finance
  • Financial Modeling
Banking

Recommended for students looking to pursue a career in central banks and regulatory bodies, or in retail banking or in the consulting and auditing of financial institutions.

  • Asset Management
  • Bank Regulation
  • Banking
  • Corporate Valuation
  • Credit Risk
  • Derivatives
  • Financial Distress, Bankruptcy and Restructuring
  • Financial Intermediation
  • Financial Reporting
  • Financial Statement Analysis
  • Fixed Income
  • Futures and Options
  • Hedge Funds
  • Macroeconomics of Financial Markets
  • Risk Management

 

Corporate Finance

Designed to help students build up the required analytical and practical tools to pursue a career in Investment banking. Retail banking, private equity, and venture capital or consulting and auditing.

  • Applied Corporate Finance
  • Auditing
  • Corporate Governance
  • Corporate Valuation
  • Entrepreneurial Finance & Venture Capital
  • Financial Distress, Bankruptcy and Restructuring
  • Financial Reporting
  • Financial Statement Analysis
  • International Financial Management
  • International Taxation
  • Management Control Systems
  • Managerial Accounting
  • Mergers, Acquisitions, Restructuring
  • Microfinance
  • Private Equity

 

Data and Business Analytics

The Data and Business Analytics area of expertise is designed for students who understand business problems and want to use technology to solve them. A strong background in mathematics and applied statistics is required so that students will be able to analyze large data sets and translate them to support data grounded strategic decisions.

  • Computational thinking and Data Science (includes Applied Statistics) 
  • Continuous, Adaptive, Data-driven systems 
  • Data Curation 
  • Data Visualization
  • Introduction to Programming
  • Machine Learning   
  • Models and Decision-Making

 

Financial Markets

Aims to provide in-depth knowledge for all students seeking a career in Investment banking, Investment management, or portfolio risk management.

  • Applied Derivatives
  • Asset Management
  • Corporate Valuation
  • Credit Risk
  • Derivatives
  • Energy Finance
  • Financial Econometrics
  • Financial Reporting
  • Financial Statement Analysis
  • Fixed Income
  • Futures and Options
  • Hedge Funds
  • Macroeconomics of Financial Markets
  • Nova Students Portfolio
  • Risk Management
  • Seminar on Current Economic and Financial Issues

 

*Please take note of the following:
— Students can qualify for only one area of expertise, but it is not mandatory for students to choose one. 
— Areas of Expertise and respective courses might be subject to change from one academic year to the next. 
— Some courses might not be offered every academic year. 
— Students may attend elective courses from other master’s programs, subject to availability.

  • Applied Corporate Finance
  • Applied Derivatives
  • Asset Management
  • Auditing
  • Bank Regulation
  • Banking
  • Behavioral Economics and Finance
  • Big Data Analysis
  • Computational thinking and Data Science (includes Applied Statistics) 
  • Continuous, Adaptive, Data-driven systems 
  • Corporate Governance
  • Corporate Valuation
  • Credit Risk
  • Data Curation 
  • Data Visualization
  • Derivatives
  • Energy Finance
  • Entrepreneurial Finance & Venture Capital
  • Financial Crises in History
  • Financial Distress, Bankruptcy and Restructuring
  • Financial Econometrics
  • Financial Intermediation
  • Financial Reporting
  • Financial Statement Analysis
  • Fintech Ventures
  • Fixed Income
  • Futures and Options
  • Hedge Funds
  • International Financial Management
  • International Taxation
  • Introduction to Programming
  • Machine Learning   
  • Macroeconometrics
  • Macroeconomics of Financial Markets
  • Management Control Systems
  • Managerial Accounting
  • Mergers, Acquisitions, Restructuring
  • Microeconometrics
  • Microfinance
  • Models and Decision-Making 
  • Nova Students Portfolio
  • Numerical Methods and MatLab
  • Private Equity
  • Risk Management
  • Seminar on Current Economic and Financial Issues
  • Quantitative skills

Learning to analyze data.
 

  • Ethics

Thinking about ethical challenges.
 

  • Corporate links/internationalization

Building knowledge about the business environment and international careers.
 

  • Communication and creativity

Thinking outside the box and improving communications skills.

Before you cross the finish line

The Work Project

Students must complete a Master’s Work Project, which is equivalent to a Master's Thesis. You can choose one of the following to finish your studies with flying colors. 

Directed Research
An original piece of work on a topic proposed and supervised by a professor. This may also take the form of a case study (this option is exclusive for Double Degrees & prospective Ph.D. students).

Field Lab
A group project developed in collaboration with a public or private institution and under supervision by a professor.

Internship
An internship where students develop a project in a problem-solving format for a company, in response to a predefined question/problem raised by the host organization and under the supervision of a Nova SBE Professor. Students may apply for internships offered by Nova SBE or obtain one directly from a company through their own contacts.

ECTS this, ECTS that

How does the grading system work?

Grading is based upon the European Credit Transfer System (ECTS) a grading scale developed to facilitate the understanding and comparison of grades given according to different national systems. 

We did the math for you, and the awarding of ECTS grades per curriculum component breaks down as follows:

23 ECTS
in Mandatory Courses including the Mastering Your Career Activities
(Bridging courses not included)

35 ECTS
in Elective Courses (minimum)

2 ECTS
in Professional Development Modules

0 ECTS
MS Excel Certification

30 ECTS
in the Work Project
 

You need a minimum of 90 ECTS to complete your Master’s, but if you need 120 ECTS to proceed with your studies, you can extend your Master’s by one semester with courses (28 ECTS) and modules (2 ECTS).