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Master Finance

Track double degree Financial Markets and Risk Evaluation - M2

Become a future finance professional: financial analyst, fund and asset manager, consultant and financial market professional



Conducted through

Full time programme

Teaching Language


Programme type

In person

Required Level for Entry

High School Diploma (or equivalent) +4

Level Obtained

High School Diploma (or equivalent) +5

Start Date

September 2023


2 semesters

Double degree



Toulouse, Europe

Do you want to become a future theoretical and practical expert on financial markets?

The double degree « Financial markets and Risk Evaluation » (DU - FiRE) is a degree of excellence that gives a double competence in market finance and banking. It gives access to the Master of Banking and Asset Management of HEC Management School - University of Liège (ULiège) in Belgium - and the corresponding degree, in addition to the EPAS-accredited Master Financial Markets and Risk Evaluation of TSM. Students who enrol in this programme spend the first two semesters at TSM and the third and fourth semesters at HEC Liège.

The double degree enables students to:

  • acquire reasoning and knowledge in the fields of financial institution management and fund management,
  • acquire an in-depth knowledge of financial institutions, markets and financial instruments, as well as the way they operate and are used,
  • master concepts and issues related to portfolio management and management of financial risks,
  • understand the scope of financial operations through mastering innovative approaches and their calculation and optimisation,
  • gain a critical perspective on the skills acquired in the programme through personal reflection on the financial function and the experiences accumulated during individual and group tasks.

Candidates who wish to do a double degree must apply during their M1 in Finance at TSM!

Double degree with our partner HEC Liège

University School of Management of Liege, Faculty of Economics and Management. International school renowned for the excellence of its research and the diversity of its offer!

Benefits of the programme

  • The TSM Master in Finance among the top 10 Masters in Finance that are EFMD-accredited worldwide
  • 100% taught in English
  • A double degree: a Master of Banking and Asset Management of HEC Management School - University of Liège (ULiège) in Belgium - and a Master in « Financial Markets and Risk Evaluation » of TSM
  • Quality partnership with HEC Liège

Programme Objectives

  • Describe basic institutional and regulatory framework of finance as they apply to corporations and financial markets
  • Comprehend the conceptual foundations and analytical methods in finance
  • Apply analytical methods in finance to solve practical problems encountered by corporations, financial institutions and markets
  • Tackle new and complex problems related to finance in a professional context
  • Incorporate ethical dimensions and implications for sustainability in financial decisions
  • Communicate effectively in oral and written form
  • Work in team
  • Use advanced modeling and computational tools to price financial assets
  • Assess how investors can manage risks in financial markets

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