Enrolment requirements
Academic, scientific o professional interest
The Master's in Banking and Quantitative Finance is aimed at individuals with advanced degrees, preferably in Economics, Business Administration, Actuarial and Financial Sciences, Mathematics, Physics, Computer Science, Engineering, or other fields with a strong background in quantitative methods. The main objective of the Master's program is to train experts capable of performing evaluation, management, and advisory roles in the field of finance. Specifically, graduates will develop their skills by making intensive use of advanced quantitative and computer techniques, enabling them to make complex decisions in an optimal and informed manner. They will gain an understanding of the financial system's operation, the various alternatives for resource allocation, asset valuation, and risk management, and how these factors are integrated within the broader economic context. In particular, they must be able to identify and anticipate relevant economic and financial problems in any given situation, discuss the alternatives that facilitate their resolution, select the most appropriate solutions to the objectives, and evaluate the resulting outcomes. Students will be trained in research tasks with the aim, if they wish and meet the requirements, of pursuing doctoral studies by leveraging the research potential of a large group of professors involved in the inter-university program.
The maximum number of students will be 40.
Students admitted to the Master's program will be required to dedicate themselves exclusively to the program.
The courses will be taught almost entirely in Spanish. Applicants must have Spanish language proficiency equivalent to level B2, accredited with official certification from the Cervantes Institute, or be nationals of a country where Spanish is an official or co-official language. Notwithstanding the above, in order to verify the aforementioned language requirement, the Master's Academic Committee may invite any applicant to an interview, either in person or via videoconference, to confirm that their knowledge of Spanish will allow them to adequately follow the classes.
Application process, selection and enrolment.
All applicants must follow these three steps at ONE of the four organizing universities (of their choice):
1. Apply for admission to the Master's program by completing the official application process (pre-registration) at one of the four organizing universities, attaching the required documentation specific to this Master's program, as indicated below, for consideration in the selection process.
2. The Master's Academic Committee will review the applications received and communicate its decision to each applicant through the procedure established by the chosen university.
3. Applicants admitted to the Master's program must formalize their enrollment at the university where they submitted their application and which notified them of their admission.
Registration periods and enrolment
The details on the legal regulatory conditions and on the registration and enrolment periods have to be consulted in the postgraduate services of the universities chosen by the students.
The foreign candidates will have to meet all the homologation requirements of their degrees in Spain according to the current regulations.
The procedures and periods are detailed at:
- University of Castilla-La Mancha
- Complutense University of Madrid
- University of the Basque Country (UPV/EHU)
- Universitat de València
Selection process
Selection will be based on the following criteria:
Curriculum Vitae: Academic transcript, two letters of recommendation from faculty members in their degree program, and a letter of motivation (40%)
English: B2 level or equivalent (30%)
Quantitative Competence: Grades in quantitative subjects (mathematics, statistics, econometrics, and programming) taken during the undergraduate degree and specific courses covering these subjects (30%)
Applicants must have Spanish language proficiency equivalent to level B2, accredited with official certification from the Instituto Cervantes, or be nationals of a country where Spanish is an official or co-official language. Notwithstanding the above, in order to verify the aforementioned language requirement, the Master's Academic Committee may invite any applicant to an interview, either in person or via videoconference, to confirm that their knowledge of Spanish will allow them to adequately follow the classes.
Additional documents
For the intern process of the Master’s Degree, the information to be sent is the following:
- Academic record.
- Curriculum Vitae.
- Brief letter explaining the reasons by which the student wants to study this master’s degree.
- Two letters of recommendation of professors of the degree.
- Proof of the English level.
- Proof of the financing (in its case).
Recommended Entry Profile
The Master's in Banking and Quantitative Finance is aimed at individuals with advanced degrees, preferably in Economics, Business Administration, Actuarial and Financial Sciences, Mathematics, Physics, Computer Science, Engineering, and other fields with a strong background in quantitative methods.
Notes
As this is an inter-university Master's program, please note the following:
- The first year is taught at the University of Valencia (if the academic year begins in an odd-numbered year) or at the University of the Basque Country (if the academic year begins in an even-numbered year).
- The second year is taught at the Complutense University of Madrid.
