Updated on 03/07/2024
MASTER’S DEGREE IN BANKING, FINANCE AND INSURANCE
PRESENTATION
The Banking, Finance and Insurance Master’s degree (BFA) at EMSP is a RNCP-registered Level 7 qualification that trains, over two years, versatile experts capable of mastering the complex mechanisms of financial markets, risk management, and banking and insurance products.
This programme is ideally suited to managers operating within banking and insurance financial systems, who seek creative, passionate, curious, and motivated collaborators.
The EMSP BFA Master’s degree prepares you to be highly operational from your first professional experience. Courses, conferences, masterclasses, and business games are delivered by professionals and experts in their fields.
Students are connected with our network of high-end partner companies to undertake their work-study placement.
PROGRAMME OBJECTIVES
The Banking, Finance and Insurance Master’s degree (BFA) at EMSP is a State-recognised Level 7 qualification, aiming to achieve the following objectives:
Acquire advanced knowledge of financial theories, asset valuation models, capital markets, and risk management.
Master the legal, ethical, and prudential framework (Basel III, Solvency II, MiFID, AML-CFT, etc.) governing banking, financial, and insurance activities.
Develop skills in financial modelling, applied statistics, and the use of sector-specific software (Bloomberg, Reuters Eikon, VBA for data analysis).
Identify, assess, measure, and hedge the various types of risks (credit, market, operational, liquidity) inherent in BFA activities.
Conduct complex balance sheet operations (mergers and acquisitions, LBOs), structure complex financial products, or establish sophisticated investment strategies.
Understand the challenges of digital transformation (FinTech, InsurTech) and sustainable finance (ESG), and be able to integrate these developments into corporate strategy.
EMSP Business School is a higher education institution subject to state pedagogical oversight through the Académie de Paris. EMSP Business School offers programmes in Sustainability Management ranging from Bac to Bac+5, delivered both on-campus and online, in initial and continuing education.
- The activity registration number is registered with the Prefect of the Île-de-France region.
- SIRET number
- UAI-CFA: 0756357C
Students entering the first year of the Master’s programme must validate all skills modules, while those entering directly into the second year of the Master’s programme may be exempted from certain skills modules.
Type of programme:
- On-campus
- Online asynchronous e-learning
- Blended learning (on-campus and synchronous or asynchronous e-learning)
FURTHER STUDIES
This Master’s programme has a professional focus and therefore leads directly to employment.
For any disability-related matters, please contact the disability coordinator:
Disability Officer: Stéphane NOAH
Phone: 0160055830
Email: Stephanenoah@emsp-bs.fr
Contacts
Email: contact@emsp-bs.fr /admissions@emsp-bs.fr
Phone: (+33) 01 60 05 58 30
Admission Requirements
RECRUITMENT LEVEL(S)
Bachelor’s degree and Post-Bachelor (Level 6)
Prerequisites:
The Banking, Finance and Insurance Master’s degree (BFA) is open to holders of a Licence/Bachelor or any other Level 6 qualification. For entry into the second year of the Master’s, candidates must have completed the first year of the Master’s or obtained a waiver from the certifying body.
Admission is based on the evaluation of the application file and, if required, an interview.
DURATION
DURATION OF STUDY:
- 2 years for students holding a Bachelor’s degree or an equivalent qualification, and 1 year for students who have completed their first year of the Master’s programme.
- Work-study placements are possible from the second year.
Admission Procedures and Deadlines
ACCESS DEADLINES
Registrations for the September 2025 intake are open from 1 March to 20 September 2025.
Registrations for the January 2026 deferred intake continue until 18 December 2025.
Procedures
Access to our programmes may be initiated:
By the employer,
At the employee’s initiative with their consent,
By a student or their legal guardian.
Work-study placements are possible from the second year.
Once the registration form is completed, our school undertakes to respond within 72 hours.
If the programme requires prerequisites, we will then propose, regardless of the intended method of financing, a knowledge test and/or a placement interview (by telephone or videoconference) and/or an evaluation of your application file.
Teaching Methods and Assessment
Teaching Methods and Assessment
Assessment Methods:
Case studies and/or tests and/or essays and/or text analyses and/or multiple-choice questionnaires (MCQs) and/or oral assessments and/or research work / Continuous assessment / Evaluation of work-study and skills (written + oral) / Thesis defence / Professional assessment in the company
Course Materials:
Course materials (PDF, and/or Word, and/or PPT formats), case studies and/or audio and video resources, and any exercises to be completed during the programme.
Funding
Work-study contract: the company pays the tuition fees on behalf of the student.
Individual Training Leave (CIF).
Individual Training Assistance (AIF), if you are unemployed.
Personal funding through a student job or a bank loan.
You have the option to pay your tuition fees in instalments.
Career Opportunities
QSE / HSE / QHSE Manager
QSE / HSE / QHSE Officer
QSE / HSE / QHSE Project Officer
Prevention Officer
QSE / HSE / QHSE Project Manager
Internal QSE / QHSE Auditor
QSE / HSE / QHSE Coordinator
QSE / QHSE Manager
Occupational Health and Safety Coordinator
QHSE Risk Manager
Environmental Safety Manager
QHSE Systems Manager
Safety and Quality Manager
Academic Programme
1ST YEAR
The first year of the BFA programme, aimed at acquiring managerial skills, is structured as follows:
Semester 1:
Corporate Strategy
Human Resources Management and Organisational Behaviour
Project and Innovation Management
Geopolitics for Managers
Corporate Finance and Cash Management
English
Business Challenges in a Globalised Economy
Business Law
Semester 2:
Innovation & Business Models
Management of Collaborative Tools
Globalisation and International Economics
Environmental Management and Sustainable Strategies
Introduction to Portfolio Management
Fundamentals of Financial Accounting
Introduction to Financial Information Systems
Basic Financial Analysis
Business Game
Internship (Optional)
2ND YEAR
The second year of the BFA programme, focused on specialisation, is organised around two (2) axes:
AXIS 1: SPECIALISATION SUBJECTS
Semester 1:
Corporate Taxation
Credit Analysis and Financial Risk Management
Insurance and Risk Management
Microeconomics of Insurance
Semester 2:
Compliance and Financial Regulations
Advanced Financial Diagnosis
Market Finance and Financial Engineering
Investment and Financing Policies
Business Game
Internship (Mandatory)
Preparation of the Professional Thesis
AXIS 2: CERTIFICATION REQUIREMENTS
Validation of competency blocks:
Block 1: Create and develop a digital entrepreneurship project with the assistance of AI
Block 2: Design a digital project using a UX Design approach while adapting to AI
Block 3: Manage a digital project using agile methodology, developing its functional specifications and technical requirements
Block 4: Develop an e-marketing and communication strategy for a digital entrepreneurship project with the assistance of AI
Block 5: Conduct studies and prepare reports in competitive intelligence and corporate strategy
Tuition Fees
Information regarding the cost of this programme can be accessed by clicking on the following link: here
Prix de la formation en alternance : 10000€ TTC/ an
Prix de la formation en initiale : 4500€ TTC / an
Frais d’inscription : 1000 € TTC
Assistance with Company Search
Company search seminar
Individual coaching
Networking with the school’s partners