Brochure Master Finance (2)
Content
International MSc in Finance
Leading Today. Inspiring Tomorow.
FURTHER INFORMATION, PLEASE CONTACT:
MSC MARKETING AND ADMISSIONS OFFICE PHONE: +351 217 214 140 FAX: +351 217 270 252 EMAIL: [email protected] www.clsbe.lisboa.ucp.pt Católica-Lisbon School of Business and Economics Universidade Católica Portuguesa Palma de Cima 1649-023 Portugal
Message from the Dean
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CATÓLICA-LISBON School of Business & Economics, the former FCEE-Católica, has launched this year a new identity which is the result of a deep reflection aiming to consolidate the international position of the School. Founded 38 years ago, CATÓLICA-LISBON is the leading School of Business in Portugal. The success of CATÓLICA-LISBON is the result of world class faculty and researchers, high level students, partnerships with top Schools worldwide, such as Carnegie-Mellon University, MIT-Sloan School of Management and Kellogg School of Management amongst others, and a strong connection with the corporate sector. The achievements of our alumni indicate that our mission of developing outstanding graduates for high-level careers in Economics and Business is being fulfilled. The School’s new signature “Leading today. Inspiring tomorrow.” reinforces our position of leadership in the Portuguese market and our growing international presence. This new identity and signature translates our
commitment to continue to educate and inspire a new generation of leaders. The School promotes a strong commitment to intellectual rigor, critical thinking and academic excellence. The recognition of the School’s success is reflected in the fact that CATÓLICA-LISBON was the first school in Portugal to be accredited by AACSB, EQUIS and AMBA and is one of the few schools worldwide holding the famous Triple Crown accreditation. In addition, CATÓLICA-LISBON has been present in the Financial Times Rankings for the Top European Business Schools and Executive Education for 4 consecutive years. The School is also the first and only CFA® Institute Program Partner in Portugal. Our MSc Program in Finance will provide you with a solid foundation in principles and practice, teach you new skills and concepts, enrich your thinking and launch your career. Join us and challenge yourself to be more than you have aspired. It is your future and impossible is nothing!
Academic Directors International MSc in Finance
Miguel Athayde Marques Professor of Business, CATÓLICA-LISBON PhD in Business Administration, University of Glasgow, UK Degree in Business Administration, CATÓLICA-LISBON Miguel Athayde Marques is a Professor of Business at Universidade Católica in Lisbon and a non-executive Member of The Board of listed companies. Until June 2010, he was Chairman and CEO of the Portuguese Stock Exchange (Euronext Lisbon) and a member of the Management Committee of NYSE Euronext in New York. As part of his responsibilities, he was also a Board Member of the Stock Exchanges of Paris, Brussels, and Amsterdam. After the merger between the New York Stock Exchange and Euronext in 2007, Miguel Athayde Marques performed different roles at group-wide level, namely Global Head of Information Services, Global Head of Indices and Head of Group Corporate Responsibility. Before joining NYSE Euronext in January 2005, Miguel Athayde Marques was executive member of the Board of CGD-Caixa Geral de Depósitos. In this capacity he served in boards of banks and other financial services companies in Europe, Africa and Asia. Prior to working in
banking, he was a member of the executive committee of Jerónimo Martins S.A.. From 1992 to 1996, he was Chairman and CEO of ICEP. In his academic role, Miguel Athayde Marques has international teaching experience in several Universities in Portugal, the U.K. and China and has been a frequent speaker at international conferences. Guilherme Almeida e Brito Associate Dean, CATÓLICA-LISBON Ph.D. in Finance, New York University, USA MBA, New York University, USA Degree in Business Administration, CATÓLICA-LISBON Guilherme Almeida e Brito teaches Corporate Finance courses in the Undergraduate, Masters, MBA and Executive Education Programs. He is an Associate Dean at CATÓLICA-LISBON, Master in Finance Director and Masters of Science Academic Director. His main academic interests include capital budgeting, financing decisions, and security design. He has presented his research papers at several international conferences in Finance. He is a consultant for the Center of Applied Studies and also has entrepreneurial experience.
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The International Master of Science in Finance is the right path for you if you want to become an expert in the field of Global Finance. For more than 6 years, CATÓLICA-LISBON has been offering the post-experience Master in Finance, the only CFA Program partner in Portugal. This is the leading program in Portugal in this area, and a world-class program which enjoys a very strong reputation among corporations and professionals alike. Drawing on this track record, CATÓLICA-LISBON is now launching a pre-experience Master of Science in Finance, which will allow you to prepare for a successful career in Finance. Based on the acclaimed past experience derived from putting together an academic degree and a professional certification, the International MSc in Finance is designed to allow you to prepare CFA 1 certification at the end of the first year and CFA 2 certification at the end of the second year. The International MSc degree in Finance from CATÓLICA-LISBON, jointly with the CFA certifications, are crucial elements to build a very consistent CV, oriented for a strong global career in Finance. The financial sector looks for graduates with international perspectives and experiences and an advanced knowledge in the area of Finance. The International Master of Science in Finance is offered to candidates that want to master the intricacies of world financial markets and gain a deep understanding of the fundamental tools, concepts and applications of Finance. With the International MSc in Finance students will be able to pursue careers in Corporate Finance, Asset Management, Trading, Investment Banking, Research Analysis, Consulting, Investor Relations, and virtually any area of global finance.
Why Católica
“With a distinctive history and a commitment to pursue excellence, CATÓLICA-LISBON offers you a unique Learning Experience. CATÓLICA-LISBON is the place where you want to be!”
Nuno Martins (Portuguese)
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Our credentials
Triple Crown
CATÓLICA-LISBON was the first Portuguese School to be amongst the select group of Business Schools accredited with the Triple Crown. Only 1% of Business Schools worldwide have this accreditation.
Financial Times
These prestigious rankings represent the international recognition of our programs’ academic excellence ensuring that they meet the most demanding international standards. CATÓLICA-LISBON is the Leading Portuguese School to be ranked amongst the Top European Business Schools according to the Financial Times.
CFA®
CATÓLICA-LISBON has been named the only Program Partner in Portugal by the CFA® Institute, the global association for investment professionals that awards the prestigious CFA® designation.
Alumni
The success of a School is measured by the success of its Alumni. The achievements of our Alumni indicate that our mission of developing outstanding graduates for highlevel careers in Economics and Business is being fulfilled. Many of CATÓLICA-LISBON Alumni hold CEO positions or are members of Executive boards. Today, CATÓLICA-LISBON has Alumni Clubs in London, Madrid and New York. Through the Mentoring Program in the Master Programs you will have the opportunity to develop a direct relationship with one of our outstanding Alumni.
“There is no better investment a person can make than in the finest college education, and CATÓLICA-LISBON has consistently delivered the highest standards of management education in Portugal.”
António Horta Osório, CEO Lloyds Banking Group UK, Alumnus’ 81
Mentoring Program
We are training the leaders who will make a difference in the world.
More than 450 Mentors and Mentees in 2010
The Mentoring Program of CATÓLICA-LISBON, founded in 2007, is an unique and innovative project addressing students’ personal development through the contact with a CATÓLICA-LISBON Alumnus. Our Alumni have a very close relationship with CATÓLICA-LISBON, cooperating in a number of ways with the School’s development and the maintenance of its values. It is in this spirit that our Alumni participate in the Mentoring Program and contribute to the creation of a new generation of leaders. The mentoring relationship is based on trust. In this relationship, an alumnus helps a current student through orientation and counseling regarding his/her personal and professional development. The students enrolled in this Program will have the opportunity to discuss their academic progress and career perspectives, benefiting from the knowledge and expertise of a high level professional. 07
World Class Faculty
Most professors are hired in the international job market and choose our school among several others prestigious schools. Currently, 30% of Faculty members at CATÓLICA-LISBON represent 11 different nationalities contributing to the cultural diversity of the school. CATÓLICA-LISBON professors provide an academically rigorous, relevant and upto-date educational experience. They strive for relevance and clarity in their teaching and their research is internationally recognized.
Why Lisbon
“Living in Lisbon is a wonderful experience”
Stephan Alexander Dreier (German) International Master in BA
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252 7th 250 28
average number of sunny days per year
26º C
average summer temperature
2
million tourists a year
most-visited city in Southern Europe
113
days per year with just over 0.1mm (0.004in) of rainfall
Top Business School in Portugal
1
million people speak Portuguese
1796
km of beaches
tram no: perfect way to discover Lisbon
75+
museums and galleries
Lisbon was classified as “Best Destination 2010”
European Consumers Choice
- The largest white-sanded beach in Europe is on the southern bank of the Tagus River which crosses Lisbon. - The ultimate surfing destination in Europe. - Enjoy the sea in both summer & winter by trying different water sports at a number of beaches within 15 minutes of Lisbon.
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Living in Lisbon
- Renting a flat starts at €350 - Meals, groceries and other beverages €150 month - 1 Subway trip €0,90 - Other living expenses €100 month For example: - Lunch at the cafeteria €3,65 - Coffee €0,55 - Cinema €6,10 - Soft Drink (33cl) €0,80
“Having studied in Australia and Germany, I was surprised how friendly the people and staff are at CATÓLICA-LISBON and the close relationship we have with the faculty.”
Bayram Ozel (Turkish) International Master in BA
Master Programs Features
Individual Talent
• Identify your talent at the very start of the program thanks to our rigorous assessment center. 010 • Build your foundation: consolidate your knowledge in the fundamentals with a group of core courses. • Design your profile: match your talent to a major! Guarantee a specialization. • Develop and strengthen your talent during your masters with the help of our Career Services and Leadership Lab staff.
International
Immersion in the Business World
• 100% of CATÓLICA-LISBON Master Students have been placed in the job market within a maximum of three months after graduation. • CATÓLICA-LISBON students have access to our outstanding graduates with high-level careers in Business and Economics through the Mentoring Program. • At CATÓLICA-LISBON, students have access to internships, company based projects and entrepreneurial start-up projects and participate in ventures with companies and NGO. For example, CATÓLICA-LISBON students started microcredit projects in Africa helping finance start-up companies managed by local communities.
• A network with some of the Best Schools Worldwide. • International Immersion: choose between an exchange semester abroad or a Double Degree with a partner school. • A passport to the World: CATÓLICA-LISBON develops in students, a global mindset preparing you to work in a multicultural context and provides international opportunities. • Learn new language skills as an open door to the world.
Individual Talent
At CATÓLICA-LISBON you will be driven to exceed your own expectations! CATÓLICA-LISBON identifies each individual’s merits and strengths and by doing so helps you find your path, open horizons and unleash all of your potential. Discovering each student’s talent is our commitment. It is the only way to guarantee the fulfillment of your ambitions. To train a leader you need to offer more than just knowledge, you have to develop extraordinary individuals. Master programs at CATÓLICA-LISBON provide you with three dimensions so that you will grow as an individual: • Technical capabilities: CATÓLICA-LISBON fully equips you with the tools you need to succeed in the challenging business world. • Soft Skills: Our programs will train you for a role of leadership. • Vision: CATÓLICA-LISBON will help you set your course and achieve your goals. Match your talent and future goals with the right academic path tailor-made for you. CATÓLICA-LISBON creates the conditions to receive and educate the best, preparing you for the job market.
“Being a student in the MSc of Finance at CATÓLICA-LISBON has enabled me to grow and further comprehend this area of mathematics applied to reality. By taking classes such as Advanced Corporate Finance, Financial Investments and Risk Management, I have been able to learn from leaders in the field and understand the different areas that lie under this same umbrella. In addition, working with students from so many backgrounds and nationalities has provided me with a feeling of unity, a feeling that you can build something together by exploring your differences rather than your similarities. Moreover, by closely working with companies in several activities allowed me to have the hands-on experience of applying in-class concepts and critical thinking to relevant issues of the daily corporate life. Last but not least, being a representative of the Finance Major and also a founding member of the Católica Finance Club granted me the experience to closely work with professors, staff and other students aiming for the same common goal: Success.”
Teresa Lobato (Portuguese)
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“Being part of the Major in finance program at CATÓLICA-LISBON has enabled me to broaden my academic background while being able to personalize my own course selection according to my future career prospects, besides having the privilege of studying with motivated students and taught by leading professionals with impressive backgrounds. Furthermore, its well structured activities outside class jumped start my career by having the right support to found the Católica Finance Club with other colleagues, to develop soft skills at the Leadership Lab workshops, to participate on field trips to New York and London, to be inspired in conferences by alumni and to take part in the double degree program - the only one of its kind in Portugal.”
Alberto Ippolito Ferreira (Venezuelan)
International
CATÓLICA-LISBON is the Leading Business School in Portugal according to the Financial Times ranking for Top European Business Schools. CATÓLICA-LISBON is very discerning in the choice of partner schools. Therefore, all our partners are amongst the best in the world in Business and Economics Education. The School’s internationalization strategy is evident from our faculty recruiting policy, scientific research, double and joint degrees with other internationally renowned Universities, student exchange agreements with top Universities all over the world and international placement of its graduates. CATÓLICA-LISBON Master Programs are increasingly diverse in terms of the national and cultural backgrounds of our students. Additionally, more than 80% of CATÓLICA-LISBON core faculty completed their PhD in a top international University such as MIT-Sloan, Stanford, Wharton, UCLA, and Harvard. Moreover, a growing percentage of the faculty is non-Portuguese. This heterogeneity offers a rich environment where students have access to the highest teaching standards. CATÓLICA-LISBON’s international recognition has been consistently reinforced, which is reflected in the existing partnerships with several top schools worldwide: MIT-Sloan in The Lisbon MBA Program; Kellogg School of Management in Executive Education and Carnegie-Mellon University in the PhD Program. CATÓLICA-LISBON has over 55 partnerships with the most prestigious Economics and Business Schools worldwide representing over 26 countries.
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List of Partner Universities
Argentina Universidad Austral, Faculty of Management Sciences Australia The University of Queensland, Faculty of Business, Economics and Law Austria Vienna University of Economics and Business Administration Belgium University of Antwerp Belgium Université Libre de Bruxelles - Solvay Business School Belgium Université Catholique de Louvain - Department des Sciences Economiques Belgium Université Catholique de Louvain - IAG Brazil EAESP - FGV Fundação Getúlio Vargas Brazil COPPEAD Rio Brazil Insper - Instituto de Ensino e Pesquisa Canada Richard Ivey School of Business (London, W. Ontario) Canada Queens Business School Canada HEC Montréal Chile Pontificia Universidad Catolica de Chile Switzerland University of St. Gallen Switzerland Université de Lausanne Czech Rep VSE - Prague School of Economics Germany Goethe University (Frankfurt), Faculty of Economics and Business Administration Germany University of Cologne - Faculty Manag, Economics and Social Sciences Germany University of Mannheim - Business School Germany Munich SM, Ludwig - Maximilians Universität München Denmark Copenhagen Business School Spain Universidad Carlos III (Madrid) Spain IE France Groupe ESC Clermont France Grenoble École de Management France EDHEC - Grand École (Lille/Nice) France EM LYON Business School France Euromed Marseille - École de Management France AUDENCIA Nantes - École de Management France Université Paris 1 Pantheon Sorbonne France ESCP - Europe School of Management France Université Louis Pasteur (Strasburg) Faculté de Sciences Économiques et de Gestion France Toulouse Business School France École de Management Strasbourg Université de Strasbourg France Skema Business School - Sophia Antipolis (Nice) Hungary CORVINUS University of Budapest, Faculty of BA India Goa Institute of Management Italy Università degli Studi di Bologna, Facoltà Economia Italy Università Commerciale Luigi Bocconi (Milan) Italy Università Degli Studi di Padova South Korea Korea University Business School (KUBS) Japan Nagoya University of Commerce and Business Mexico Instituto Technologico de Estudios Superiores de Monterrey Mexico Instituto Tecnologico Autónomo de Mexico The Netherlands Maastricht University - Faculty of Economics & Business Administration The Netherlands RSM - Erasmus University (Rotterdam) The Netherlands Tilburg University - Faculty of Economics and Business Administration Norway NHH - Norwegian School of Economics and Business Administration Norway BI Norwegian School of Management Poland The Poznan University of Economics Poland Warsaw School of Economics (SGH) Finland Hanken School of Economics Russia Graduate School of Management - St. Petersburg State University Taiwan College of Commerce National Chengchi Turkey Koç University UK LUMS - Lancaster University Management School USA Carnegie Mellon University
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Immersion in the Business World
A dedicated and professional Career Services team helps each student find new career opportunities to positively impact their professional life. The Career Services staff has extensive and close contacts with national and international companies, providing students with tools necessary for effective career search and management. • Diversified summer internship offers according to your career path. • Individual Career Counseling and Coaching: at the start of the Program you will receive practical coaching from the Career Services Team. Learn how to create impactful CVs and cover letters. Train yourself with mock interviews. • Career Days and Career Forum: where recruiters have the opportunity to bond with students and present job opportunities. • Leadership Lab: immerse in real-world challenges and prepare yourself for the job market.
100%
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employed within 3 months of graduation Placement by Sector:
83%
receive two job offers
22%
received four or more job offers
23% 21% 20% 9% 7%
Consulting Banking Fast Moving Consumer Goods/Retail Auditing Telecommunications
Successful Placement
CATÓLICA-LISBON is recognized by recruiters as the best option in Portugal:
ABBEY ACCENTURE AR TELECOM ARTHUR D. LITTLE ASTRAZENECA AT KEARNEY BACARDI BAIN & COMPANY BANCO BIG BANCO CETELEM BANCO DE INVESTIMENTO GLOBAL BANCO DE PORTUGAL BANCO EFISA BANCO ESPÍRITO SANTO BANCO FINANTIA BANCO ITAÚ BANCO MAIS BANIF BANIF INVESTMENT BANKING BARCLAYS BBVA BIAL BNP PARIBAS BPI BRISA CA CONSULT CAIXA BI CAIXA GERAL DE DEPÓSITOS CAPGEMINI CENTRAL CERVEJAS CHAMARTÍN IMOBILIÁRIA CIMPOR CITI COLGATE PALMOLIVE COTY DAEMON QUEST DANONE DELOITTE DELTA-CAFÉS DEUTSCHE BANK DIAGEO EDIFER EDIMPRESA EDP EFACEC ERNST & YOUNG ESPÍRITO SANTO INVESTIMENTO ESPÍRITO SANTO RESEARCH EURONEXT EUROPEAN INVESTMENT BANK EUROPRAXIS FINANTIA FULLSIX GALP GALP ENERGIA GE MONEY GLAXO SMITHKLINE GMS CONSULTING GOLDMAN SACHS GRUPO CAIXA GERAL DE DEPÓSITOS GRUPO MEDIA CAPITAL GRUPO MELLO GRUPO SONAE GRUPO SUMOL HAY GROUP HENKEL IBÉRICA HEWLETT-PACKARD HITACHI CONSULTING HSBC JANSSEN-CILAG JASON ASSOCIATES JERÓNIMO MARTINS JOHNSON & JOHNSON JP MORGAN KELLOGG’S KPMG KRAFT L’ORÉAL LACTOGAL MAKSEN (FORMER GMS) MANAGEMENT SOLUTIONS MARS MARTIFER MAZARS MCKINSEY MCKINSEY&COMPANY MERCER MICROSOFT MILLENNIUM BCP MONTEPIO MORGAN STANLEY NESTLÉ NIKE OLIVER WYMAN OREY FINANCIAL PEPSICO PORTUGAL TELECOM PRICEWATERHOUSECOOPERS PROCTER & GAMBLE PT - PORTUGAL TELECOM PWC RECKITT BENCKISER REN ROLAND BERGER SANTANDER TOTTA SAP SARA LEE SIBS SIEMENS SOCIETÉ GÉNÉRALE SONAE SONAECOM SONY SOVENA SUMOL-COMPAL TABAQUEIRA PHILIP MORRIS THE BOSTON CONSULTING GROUP THE PHONE HOUSE THE WORLD BANK TMN TOMMY HILFIGER TRANQUILIDADE UNICRE UNILEVER VESTAS VODAFONE ZON
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Program Overview
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International MSc in Finance
Duration: 2 years Program: Full-time (120 ECTS) Language: English Admission Period: Fall Intake: March-June Available only for the September intake
MSc in Finance
Duration: 1 year and a half Program: Full-time (99 ECTS) Language: English Admission Period: Fall Intake: March-June Available only for the September intake
Students Profile
CATÓLICA-LISBON Master Programs are pre-experience programs designed for recent graduates with less than 24 months of work experience and having completed an undergraduate degree within the last two years. The Masters are full-time programs and participation in class is a requisite. International experiences, internships and extra-curricular activities, such as, sports or arts are a plus for your application.
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average age
>20
nationalities
international students
40%
Our students who started the MSc in business in 2010 were from:
Angola • Austria • Belgium • Brazil • Canada • Czech Republic • Denmark • France • Germany • Hungary • Italy • Macedonia • Norway • Poland • Russia • Switzerland • The Netherlands • Ukraine • Venezuela • Portugal
Program Structure:
International Master in Finance
The International Master of Science in Finance is designed to deliver the broad range of tools sought by the very best companies, financial institutions and public organizations. The curriculum is structured to meet the requisites of the Chartered Financial Analyst (CFA®) Institute. This is a key asset in a career in finance, as it provides practical and relevant financial knowledge and skills. This program emphasizes both theoretical rigor as well as practical aspects of finance.
General Business/Economics Foundation Courses
Leadership Lab
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Thesis
• Core Finance Courses • CFA 1 Preparation • CFA 2 Preparation • Finance Electives
Business Administration/ Economics Electives
Language Exchange Semester
Summer Internship
Bridging Courses
If you have a 1st cycle degree in any area not related to Economics or Business Administration, but if you feel that Finance is the right path for you, CATÓLICA-LISBON will provide you with the tools to succeed. Depending on your background you will be required to take one or more introductory courses that will give you a solid foundation in Finance and the requirements to succeed in our International MSc in Finance. These courses are an integral part of your master program. Courses: Accounting, Corporate Finance, Business Statistics, Managerial Economics. (All bridging courses with 5 ECTS).
Core Finance Courses
Financial Investments Advanced Corporate Finance Firm Valuation
The mandatory courses in Finance (28 ECTS) assure an appropriate preparation in the main areas in Finance including both theory and standard applications.
Financial Modeling Financial Derivatives Risk Management
Empirical Finance International Finance
General Business or Economics Foundation Courses
General Business Foundation Courses Business Ethics and Social Responsability Ethics and CFA Standards Management Control Systems Managing People in Organizations Strategic Management
These courses are designed to give students an integrative view of the firm. One of the Ethics courses is mandatory. The remaining courses can be waived based on previous academic experience. Students must opt between General Business or Economics courses.
Economics Foundation Courses Ethics and Social Responsibility Ethics and CFA Standards Advanced Macroeconomics I Advanced Microeconomics Advanced Econometrics
Finance Electives
These courses allow students to design their master’s program according to their preferences and specialize in specific areas in Finance according to their career perspectives. International Finance Reporting Standards Financial Reporting Corporate Governance and Control Entrepreneurship and Business Plan Banking in a Global Context Advanced Fixed Income Applications Private Equity Corporate Restructuring Performance Evaluation International Money and Finance Hedge Funds Short-Term Financial Management Asset Liability Management Auditing Taxation Globalization and Growth
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Strategic Management Consulting Project Ethics and CFA Standards II
Exchange Semester
To enrich your international experience, and your CV, the International MSc requires a semester abroad and the completion of a minimum of 21 ECTS in this semester.
Language Requirement
Become truly multilingual and enhance your skills by learning another language! You can take a language course at CATÓLICA-LISBON or in one of our partner schools during your exchange semester.
Leadership Lab [6 ECTS]
Strengthen your profile to succeed in the job market: discover your unique strengths and learn new skills through peer feedback, real-life projects and varied field experiences. You define your goals, therefore, you may choose from a wide set of options:
Group Lab Economists and Executives on Campus Ventures
International Field Trips Visits to Companies
Competitions Workshops
Internship Requirement Thesis Project
Students are required to complete a 1 and 1/2 month long internship before MSc graduation. The internship requirement can be completed before or during the master program.
42 ECTS (including Research Methods Requirements: 4 ECTS) Before starting on your thesis, you will participate in a workshop designed to provide you with advice, resources, requirements and useful tools to plan and execute your Master thesis. This thesis semester is an ideal bridge from your university life to your professional career. While you are completing your integrative applied project, you will be working closely with the Career Services in order to start your professional path.
You may choose between:
Working on your dissertation full-time for 3 to 4 months. Associate the Dissertation with a professional experience (part-time internship).
Double Degrees: Control Your Destiny...
A Double Degree can be the best passport for an international career!
In these programs you will spend one year at CATÓLICA-LISBON followed by a second year at the partner school of your choice. A Double Degree experience offers you the opportunity to gain a deep international understanding. At the end of the program you will be granted with two diplomas – one from CATÓLICA-LISBON and one from our partner school. Above all, the international immersion gained through this experience is highly valued by recruiters and likely to increase the potential for an international career.
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Funding Your Master Program
Católica Top+ is a scholarship Program for Economics, Business Administration and Finance students with an outstanding academic record. Implemented by CATÓLICA-LISBON, this program allows high-potential students to complete their Master at CATÓLICA-LISBON with a partial waiver of tuition fees.
We encourage outstanding students to apply for these scholarships; especially those that have completed their first cycle degree at the top of their classes (for example, average final grades of 77,5% or above).
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The following criteria are highly valued by the jury: - Undergraduate GPA - International experience - Extracurricular activities - Professional experience (e.g. internships) - Contribution to the diversity of the group - Contribution to School activities
Loans
Top international bank institutions offer low-interest loans to students that cover tuition fees and study-related expenses. The applications for these loans should be submitted directly to the bank. In addition, we strongly encourage you to check out the financial institutions in your home country.
Admissions
Admissions requirements:
• Hold a 1st cycle degree (180 ECTS). • As the program is taught in English, a high level of fluency is required. • For the MSc in Finance we accept candidates with a degree in any area.
PROCESS STEP BY STEP: Step 1 - Application
1. Submit your Application Online (link available on our website) 2. Upload the required documents: • Curriculum Vitae. • Official University Transcripts of records confirming academic qualifications (Portuguese or English). For application purposes we do not require a formal certificate from your School, but we do require a non official document with all the courses you attended and respective grades (you may print this information from your students’ personal webpage). 3. Prove your English proficiency by presenting a certificate or taking the CATÓLICA-LISBON English Test: • TOEFL (recommended score): 600 (PBT), 250 (CBT), or 100 (IBT). • IELTS (recommended score): 7.0. • Certificate in Advanced English (CAE): minimum of C. • Dates for CATÓLICA-LISBON test available online on the Application platform. 4. Take the GMAT or CATÓLICA-LISBON Admission Test Take the GMAT or CATÓLICA-LISBON Admission Test in case you have a background different than Economics or Business Administration. This test can be held in Lisbon or in your home town. The admission jury may request this test from applicants with a background in Management or Economics if they decide that it is justifiable.
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Step 2 - Interview
1. An interview with the candidates may be required. The main goal of this interview is to evaluate the candidates’ competencies. This will take approximately 30 minutes and can be taken online.
Step 3 - Final Decision
1. The Master Admissions Committee reviews your application and then makes a final decision. For more information on the application process e-mail [email protected] or visit www.clsbe.lisboa.ucp.pt or call +351 271 214 140
TRIPLE CROWN* ACCREDITED
The Best Business School in Portugal according to the Financial Times Ranking 2010. The first Portuguese School to be amongst the select group of Business Schools accredited with the Triple Crown.
Leading Today. Inspiring Tomorow.
FURTHER INFORMATION, PLEASE CONTACT:
MSC MARKETING AND ADMISSIONS OFFICE PHONE: +351 217 214 140 FAX: +351 217 270 252 EMAIL: [email protected] www.clsbe.lisboa.ucp.pt Católica-Lisbon School of Business and Economics Universidade Católica Portuguesa Palma de Cima 1649-023 Portugal
Message from the Dean
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CATÓLICA-LISBON School of Business & Economics, the former FCEE-Católica, has launched this year a new identity which is the result of a deep reflection aiming to consolidate the international position of the School. Founded 38 years ago, CATÓLICA-LISBON is the leading School of Business in Portugal. The success of CATÓLICA-LISBON is the result of world class faculty and researchers, high level students, partnerships with top Schools worldwide, such as Carnegie-Mellon University, MIT-Sloan School of Management and Kellogg School of Management amongst others, and a strong connection with the corporate sector. The achievements of our alumni indicate that our mission of developing outstanding graduates for high-level careers in Economics and Business is being fulfilled. The School’s new signature “Leading today. Inspiring tomorrow.” reinforces our position of leadership in the Portuguese market and our growing international presence. This new identity and signature translates our
commitment to continue to educate and inspire a new generation of leaders. The School promotes a strong commitment to intellectual rigor, critical thinking and academic excellence. The recognition of the School’s success is reflected in the fact that CATÓLICA-LISBON was the first school in Portugal to be accredited by AACSB, EQUIS and AMBA and is one of the few schools worldwide holding the famous Triple Crown accreditation. In addition, CATÓLICA-LISBON has been present in the Financial Times Rankings for the Top European Business Schools and Executive Education for 4 consecutive years. The School is also the first and only CFA® Institute Program Partner in Portugal. Our MSc Program in Finance will provide you with a solid foundation in principles and practice, teach you new skills and concepts, enrich your thinking and launch your career. Join us and challenge yourself to be more than you have aspired. It is your future and impossible is nothing!
Academic Directors International MSc in Finance
Miguel Athayde Marques Professor of Business, CATÓLICA-LISBON PhD in Business Administration, University of Glasgow, UK Degree in Business Administration, CATÓLICA-LISBON Miguel Athayde Marques is a Professor of Business at Universidade Católica in Lisbon and a non-executive Member of The Board of listed companies. Until June 2010, he was Chairman and CEO of the Portuguese Stock Exchange (Euronext Lisbon) and a member of the Management Committee of NYSE Euronext in New York. As part of his responsibilities, he was also a Board Member of the Stock Exchanges of Paris, Brussels, and Amsterdam. After the merger between the New York Stock Exchange and Euronext in 2007, Miguel Athayde Marques performed different roles at group-wide level, namely Global Head of Information Services, Global Head of Indices and Head of Group Corporate Responsibility. Before joining NYSE Euronext in January 2005, Miguel Athayde Marques was executive member of the Board of CGD-Caixa Geral de Depósitos. In this capacity he served in boards of banks and other financial services companies in Europe, Africa and Asia. Prior to working in
banking, he was a member of the executive committee of Jerónimo Martins S.A.. From 1992 to 1996, he was Chairman and CEO of ICEP. In his academic role, Miguel Athayde Marques has international teaching experience in several Universities in Portugal, the U.K. and China and has been a frequent speaker at international conferences. Guilherme Almeida e Brito Associate Dean, CATÓLICA-LISBON Ph.D. in Finance, New York University, USA MBA, New York University, USA Degree in Business Administration, CATÓLICA-LISBON Guilherme Almeida e Brito teaches Corporate Finance courses in the Undergraduate, Masters, MBA and Executive Education Programs. He is an Associate Dean at CATÓLICA-LISBON, Master in Finance Director and Masters of Science Academic Director. His main academic interests include capital budgeting, financing decisions, and security design. He has presented his research papers at several international conferences in Finance. He is a consultant for the Center of Applied Studies and also has entrepreneurial experience.
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The International Master of Science in Finance is the right path for you if you want to become an expert in the field of Global Finance. For more than 6 years, CATÓLICA-LISBON has been offering the post-experience Master in Finance, the only CFA Program partner in Portugal. This is the leading program in Portugal in this area, and a world-class program which enjoys a very strong reputation among corporations and professionals alike. Drawing on this track record, CATÓLICA-LISBON is now launching a pre-experience Master of Science in Finance, which will allow you to prepare for a successful career in Finance. Based on the acclaimed past experience derived from putting together an academic degree and a professional certification, the International MSc in Finance is designed to allow you to prepare CFA 1 certification at the end of the first year and CFA 2 certification at the end of the second year. The International MSc degree in Finance from CATÓLICA-LISBON, jointly with the CFA certifications, are crucial elements to build a very consistent CV, oriented for a strong global career in Finance. The financial sector looks for graduates with international perspectives and experiences and an advanced knowledge in the area of Finance. The International Master of Science in Finance is offered to candidates that want to master the intricacies of world financial markets and gain a deep understanding of the fundamental tools, concepts and applications of Finance. With the International MSc in Finance students will be able to pursue careers in Corporate Finance, Asset Management, Trading, Investment Banking, Research Analysis, Consulting, Investor Relations, and virtually any area of global finance.
Why Católica
“With a distinctive history and a commitment to pursue excellence, CATÓLICA-LISBON offers you a unique Learning Experience. CATÓLICA-LISBON is the place where you want to be!”
Nuno Martins (Portuguese)
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Our credentials
Triple Crown
CATÓLICA-LISBON was the first Portuguese School to be amongst the select group of Business Schools accredited with the Triple Crown. Only 1% of Business Schools worldwide have this accreditation.
Financial Times
These prestigious rankings represent the international recognition of our programs’ academic excellence ensuring that they meet the most demanding international standards. CATÓLICA-LISBON is the Leading Portuguese School to be ranked amongst the Top European Business Schools according to the Financial Times.
CFA®
CATÓLICA-LISBON has been named the only Program Partner in Portugal by the CFA® Institute, the global association for investment professionals that awards the prestigious CFA® designation.
Alumni
The success of a School is measured by the success of its Alumni. The achievements of our Alumni indicate that our mission of developing outstanding graduates for highlevel careers in Economics and Business is being fulfilled. Many of CATÓLICA-LISBON Alumni hold CEO positions or are members of Executive boards. Today, CATÓLICA-LISBON has Alumni Clubs in London, Madrid and New York. Through the Mentoring Program in the Master Programs you will have the opportunity to develop a direct relationship with one of our outstanding Alumni.
“There is no better investment a person can make than in the finest college education, and CATÓLICA-LISBON has consistently delivered the highest standards of management education in Portugal.”
António Horta Osório, CEO Lloyds Banking Group UK, Alumnus’ 81
Mentoring Program
We are training the leaders who will make a difference in the world.
More than 450 Mentors and Mentees in 2010
The Mentoring Program of CATÓLICA-LISBON, founded in 2007, is an unique and innovative project addressing students’ personal development through the contact with a CATÓLICA-LISBON Alumnus. Our Alumni have a very close relationship with CATÓLICA-LISBON, cooperating in a number of ways with the School’s development and the maintenance of its values. It is in this spirit that our Alumni participate in the Mentoring Program and contribute to the creation of a new generation of leaders. The mentoring relationship is based on trust. In this relationship, an alumnus helps a current student through orientation and counseling regarding his/her personal and professional development. The students enrolled in this Program will have the opportunity to discuss their academic progress and career perspectives, benefiting from the knowledge and expertise of a high level professional. 07
World Class Faculty
Most professors are hired in the international job market and choose our school among several others prestigious schools. Currently, 30% of Faculty members at CATÓLICA-LISBON represent 11 different nationalities contributing to the cultural diversity of the school. CATÓLICA-LISBON professors provide an academically rigorous, relevant and upto-date educational experience. They strive for relevance and clarity in their teaching and their research is internationally recognized.
Why Lisbon
“Living in Lisbon is a wonderful experience”
Stephan Alexander Dreier (German) International Master in BA
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252 7th 250 28
average number of sunny days per year
26º C
average summer temperature
2
million tourists a year
most-visited city in Southern Europe
113
days per year with just over 0.1mm (0.004in) of rainfall
Top Business School in Portugal
1
million people speak Portuguese
1796
km of beaches
tram no: perfect way to discover Lisbon
75+
museums and galleries
Lisbon was classified as “Best Destination 2010”
European Consumers Choice
- The largest white-sanded beach in Europe is on the southern bank of the Tagus River which crosses Lisbon. - The ultimate surfing destination in Europe. - Enjoy the sea in both summer & winter by trying different water sports at a number of beaches within 15 minutes of Lisbon.
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Living in Lisbon
- Renting a flat starts at €350 - Meals, groceries and other beverages €150 month - 1 Subway trip €0,90 - Other living expenses €100 month For example: - Lunch at the cafeteria €3,65 - Coffee €0,55 - Cinema €6,10 - Soft Drink (33cl) €0,80
“Having studied in Australia and Germany, I was surprised how friendly the people and staff are at CATÓLICA-LISBON and the close relationship we have with the faculty.”
Bayram Ozel (Turkish) International Master in BA
Master Programs Features
Individual Talent
• Identify your talent at the very start of the program thanks to our rigorous assessment center. 010 • Build your foundation: consolidate your knowledge in the fundamentals with a group of core courses. • Design your profile: match your talent to a major! Guarantee a specialization. • Develop and strengthen your talent during your masters with the help of our Career Services and Leadership Lab staff.
International
Immersion in the Business World
• 100% of CATÓLICA-LISBON Master Students have been placed in the job market within a maximum of three months after graduation. • CATÓLICA-LISBON students have access to our outstanding graduates with high-level careers in Business and Economics through the Mentoring Program. • At CATÓLICA-LISBON, students have access to internships, company based projects and entrepreneurial start-up projects and participate in ventures with companies and NGO. For example, CATÓLICA-LISBON students started microcredit projects in Africa helping finance start-up companies managed by local communities.
• A network with some of the Best Schools Worldwide. • International Immersion: choose between an exchange semester abroad or a Double Degree with a partner school. • A passport to the World: CATÓLICA-LISBON develops in students, a global mindset preparing you to work in a multicultural context and provides international opportunities. • Learn new language skills as an open door to the world.
Individual Talent
At CATÓLICA-LISBON you will be driven to exceed your own expectations! CATÓLICA-LISBON identifies each individual’s merits and strengths and by doing so helps you find your path, open horizons and unleash all of your potential. Discovering each student’s talent is our commitment. It is the only way to guarantee the fulfillment of your ambitions. To train a leader you need to offer more than just knowledge, you have to develop extraordinary individuals. Master programs at CATÓLICA-LISBON provide you with three dimensions so that you will grow as an individual: • Technical capabilities: CATÓLICA-LISBON fully equips you with the tools you need to succeed in the challenging business world. • Soft Skills: Our programs will train you for a role of leadership. • Vision: CATÓLICA-LISBON will help you set your course and achieve your goals. Match your talent and future goals with the right academic path tailor-made for you. CATÓLICA-LISBON creates the conditions to receive and educate the best, preparing you for the job market.
“Being a student in the MSc of Finance at CATÓLICA-LISBON has enabled me to grow and further comprehend this area of mathematics applied to reality. By taking classes such as Advanced Corporate Finance, Financial Investments and Risk Management, I have been able to learn from leaders in the field and understand the different areas that lie under this same umbrella. In addition, working with students from so many backgrounds and nationalities has provided me with a feeling of unity, a feeling that you can build something together by exploring your differences rather than your similarities. Moreover, by closely working with companies in several activities allowed me to have the hands-on experience of applying in-class concepts and critical thinking to relevant issues of the daily corporate life. Last but not least, being a representative of the Finance Major and also a founding member of the Católica Finance Club granted me the experience to closely work with professors, staff and other students aiming for the same common goal: Success.”
Teresa Lobato (Portuguese)
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“Being part of the Major in finance program at CATÓLICA-LISBON has enabled me to broaden my academic background while being able to personalize my own course selection according to my future career prospects, besides having the privilege of studying with motivated students and taught by leading professionals with impressive backgrounds. Furthermore, its well structured activities outside class jumped start my career by having the right support to found the Católica Finance Club with other colleagues, to develop soft skills at the Leadership Lab workshops, to participate on field trips to New York and London, to be inspired in conferences by alumni and to take part in the double degree program - the only one of its kind in Portugal.”
Alberto Ippolito Ferreira (Venezuelan)
International
CATÓLICA-LISBON is the Leading Business School in Portugal according to the Financial Times ranking for Top European Business Schools. CATÓLICA-LISBON is very discerning in the choice of partner schools. Therefore, all our partners are amongst the best in the world in Business and Economics Education. The School’s internationalization strategy is evident from our faculty recruiting policy, scientific research, double and joint degrees with other internationally renowned Universities, student exchange agreements with top Universities all over the world and international placement of its graduates. CATÓLICA-LISBON Master Programs are increasingly diverse in terms of the national and cultural backgrounds of our students. Additionally, more than 80% of CATÓLICA-LISBON core faculty completed their PhD in a top international University such as MIT-Sloan, Stanford, Wharton, UCLA, and Harvard. Moreover, a growing percentage of the faculty is non-Portuguese. This heterogeneity offers a rich environment where students have access to the highest teaching standards. CATÓLICA-LISBON’s international recognition has been consistently reinforced, which is reflected in the existing partnerships with several top schools worldwide: MIT-Sloan in The Lisbon MBA Program; Kellogg School of Management in Executive Education and Carnegie-Mellon University in the PhD Program. CATÓLICA-LISBON has over 55 partnerships with the most prestigious Economics and Business Schools worldwide representing over 26 countries.
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List of Partner Universities
Argentina Universidad Austral, Faculty of Management Sciences Australia The University of Queensland, Faculty of Business, Economics and Law Austria Vienna University of Economics and Business Administration Belgium University of Antwerp Belgium Université Libre de Bruxelles - Solvay Business School Belgium Université Catholique de Louvain - Department des Sciences Economiques Belgium Université Catholique de Louvain - IAG Brazil EAESP - FGV Fundação Getúlio Vargas Brazil COPPEAD Rio Brazil Insper - Instituto de Ensino e Pesquisa Canada Richard Ivey School of Business (London, W. Ontario) Canada Queens Business School Canada HEC Montréal Chile Pontificia Universidad Catolica de Chile Switzerland University of St. Gallen Switzerland Université de Lausanne Czech Rep VSE - Prague School of Economics Germany Goethe University (Frankfurt), Faculty of Economics and Business Administration Germany University of Cologne - Faculty Manag, Economics and Social Sciences Germany University of Mannheim - Business School Germany Munich SM, Ludwig - Maximilians Universität München Denmark Copenhagen Business School Spain Universidad Carlos III (Madrid) Spain IE France Groupe ESC Clermont France Grenoble École de Management France EDHEC - Grand École (Lille/Nice) France EM LYON Business School France Euromed Marseille - École de Management France AUDENCIA Nantes - École de Management France Université Paris 1 Pantheon Sorbonne France ESCP - Europe School of Management France Université Louis Pasteur (Strasburg) Faculté de Sciences Économiques et de Gestion France Toulouse Business School France École de Management Strasbourg Université de Strasbourg France Skema Business School - Sophia Antipolis (Nice) Hungary CORVINUS University of Budapest, Faculty of BA India Goa Institute of Management Italy Università degli Studi di Bologna, Facoltà Economia Italy Università Commerciale Luigi Bocconi (Milan) Italy Università Degli Studi di Padova South Korea Korea University Business School (KUBS) Japan Nagoya University of Commerce and Business Mexico Instituto Technologico de Estudios Superiores de Monterrey Mexico Instituto Tecnologico Autónomo de Mexico The Netherlands Maastricht University - Faculty of Economics & Business Administration The Netherlands RSM - Erasmus University (Rotterdam) The Netherlands Tilburg University - Faculty of Economics and Business Administration Norway NHH - Norwegian School of Economics and Business Administration Norway BI Norwegian School of Management Poland The Poznan University of Economics Poland Warsaw School of Economics (SGH) Finland Hanken School of Economics Russia Graduate School of Management - St. Petersburg State University Taiwan College of Commerce National Chengchi Turkey Koç University UK LUMS - Lancaster University Management School USA Carnegie Mellon University
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Immersion in the Business World
A dedicated and professional Career Services team helps each student find new career opportunities to positively impact their professional life. The Career Services staff has extensive and close contacts with national and international companies, providing students with tools necessary for effective career search and management. • Diversified summer internship offers according to your career path. • Individual Career Counseling and Coaching: at the start of the Program you will receive practical coaching from the Career Services Team. Learn how to create impactful CVs and cover letters. Train yourself with mock interviews. • Career Days and Career Forum: where recruiters have the opportunity to bond with students and present job opportunities. • Leadership Lab: immerse in real-world challenges and prepare yourself for the job market.
100%
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employed within 3 months of graduation Placement by Sector:
83%
receive two job offers
22%
received four or more job offers
23% 21% 20% 9% 7%
Consulting Banking Fast Moving Consumer Goods/Retail Auditing Telecommunications
Successful Placement
CATÓLICA-LISBON is recognized by recruiters as the best option in Portugal:
ABBEY ACCENTURE AR TELECOM ARTHUR D. LITTLE ASTRAZENECA AT KEARNEY BACARDI BAIN & COMPANY BANCO BIG BANCO CETELEM BANCO DE INVESTIMENTO GLOBAL BANCO DE PORTUGAL BANCO EFISA BANCO ESPÍRITO SANTO BANCO FINANTIA BANCO ITAÚ BANCO MAIS BANIF BANIF INVESTMENT BANKING BARCLAYS BBVA BIAL BNP PARIBAS BPI BRISA CA CONSULT CAIXA BI CAIXA GERAL DE DEPÓSITOS CAPGEMINI CENTRAL CERVEJAS CHAMARTÍN IMOBILIÁRIA CIMPOR CITI COLGATE PALMOLIVE COTY DAEMON QUEST DANONE DELOITTE DELTA-CAFÉS DEUTSCHE BANK DIAGEO EDIFER EDIMPRESA EDP EFACEC ERNST & YOUNG ESPÍRITO SANTO INVESTIMENTO ESPÍRITO SANTO RESEARCH EURONEXT EUROPEAN INVESTMENT BANK EUROPRAXIS FINANTIA FULLSIX GALP GALP ENERGIA GE MONEY GLAXO SMITHKLINE GMS CONSULTING GOLDMAN SACHS GRUPO CAIXA GERAL DE DEPÓSITOS GRUPO MEDIA CAPITAL GRUPO MELLO GRUPO SONAE GRUPO SUMOL HAY GROUP HENKEL IBÉRICA HEWLETT-PACKARD HITACHI CONSULTING HSBC JANSSEN-CILAG JASON ASSOCIATES JERÓNIMO MARTINS JOHNSON & JOHNSON JP MORGAN KELLOGG’S KPMG KRAFT L’ORÉAL LACTOGAL MAKSEN (FORMER GMS) MANAGEMENT SOLUTIONS MARS MARTIFER MAZARS MCKINSEY MCKINSEY&COMPANY MERCER MICROSOFT MILLENNIUM BCP MONTEPIO MORGAN STANLEY NESTLÉ NIKE OLIVER WYMAN OREY FINANCIAL PEPSICO PORTUGAL TELECOM PRICEWATERHOUSECOOPERS PROCTER & GAMBLE PT - PORTUGAL TELECOM PWC RECKITT BENCKISER REN ROLAND BERGER SANTANDER TOTTA SAP SARA LEE SIBS SIEMENS SOCIETÉ GÉNÉRALE SONAE SONAECOM SONY SOVENA SUMOL-COMPAL TABAQUEIRA PHILIP MORRIS THE BOSTON CONSULTING GROUP THE PHONE HOUSE THE WORLD BANK TMN TOMMY HILFIGER TRANQUILIDADE UNICRE UNILEVER VESTAS VODAFONE ZON
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Program Overview
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International MSc in Finance
Duration: 2 years Program: Full-time (120 ECTS) Language: English Admission Period: Fall Intake: March-June Available only for the September intake
MSc in Finance
Duration: 1 year and a half Program: Full-time (99 ECTS) Language: English Admission Period: Fall Intake: March-June Available only for the September intake
Students Profile
CATÓLICA-LISBON Master Programs are pre-experience programs designed for recent graduates with less than 24 months of work experience and having completed an undergraduate degree within the last two years. The Masters are full-time programs and participation in class is a requisite. International experiences, internships and extra-curricular activities, such as, sports or arts are a plus for your application.
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average age
>20
nationalities
international students
40%
Our students who started the MSc in business in 2010 were from:
Angola • Austria • Belgium • Brazil • Canada • Czech Republic • Denmark • France • Germany • Hungary • Italy • Macedonia • Norway • Poland • Russia • Switzerland • The Netherlands • Ukraine • Venezuela • Portugal
Program Structure:
International Master in Finance
The International Master of Science in Finance is designed to deliver the broad range of tools sought by the very best companies, financial institutions and public organizations. The curriculum is structured to meet the requisites of the Chartered Financial Analyst (CFA®) Institute. This is a key asset in a career in finance, as it provides practical and relevant financial knowledge and skills. This program emphasizes both theoretical rigor as well as practical aspects of finance.
General Business/Economics Foundation Courses
Leadership Lab
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Thesis
• Core Finance Courses • CFA 1 Preparation • CFA 2 Preparation • Finance Electives
Business Administration/ Economics Electives
Language Exchange Semester
Summer Internship
Bridging Courses
If you have a 1st cycle degree in any area not related to Economics or Business Administration, but if you feel that Finance is the right path for you, CATÓLICA-LISBON will provide you with the tools to succeed. Depending on your background you will be required to take one or more introductory courses that will give you a solid foundation in Finance and the requirements to succeed in our International MSc in Finance. These courses are an integral part of your master program. Courses: Accounting, Corporate Finance, Business Statistics, Managerial Economics. (All bridging courses with 5 ECTS).
Core Finance Courses
Financial Investments Advanced Corporate Finance Firm Valuation
The mandatory courses in Finance (28 ECTS) assure an appropriate preparation in the main areas in Finance including both theory and standard applications.
Financial Modeling Financial Derivatives Risk Management
Empirical Finance International Finance
General Business or Economics Foundation Courses
General Business Foundation Courses Business Ethics and Social Responsability Ethics and CFA Standards Management Control Systems Managing People in Organizations Strategic Management
These courses are designed to give students an integrative view of the firm. One of the Ethics courses is mandatory. The remaining courses can be waived based on previous academic experience. Students must opt between General Business or Economics courses.
Economics Foundation Courses Ethics and Social Responsibility Ethics and CFA Standards Advanced Macroeconomics I Advanced Microeconomics Advanced Econometrics
Finance Electives
These courses allow students to design their master’s program according to their preferences and specialize in specific areas in Finance according to their career perspectives. International Finance Reporting Standards Financial Reporting Corporate Governance and Control Entrepreneurship and Business Plan Banking in a Global Context Advanced Fixed Income Applications Private Equity Corporate Restructuring Performance Evaluation International Money and Finance Hedge Funds Short-Term Financial Management Asset Liability Management Auditing Taxation Globalization and Growth
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Strategic Management Consulting Project Ethics and CFA Standards II
Exchange Semester
To enrich your international experience, and your CV, the International MSc requires a semester abroad and the completion of a minimum of 21 ECTS in this semester.
Language Requirement
Become truly multilingual and enhance your skills by learning another language! You can take a language course at CATÓLICA-LISBON or in one of our partner schools during your exchange semester.
Leadership Lab [6 ECTS]
Strengthen your profile to succeed in the job market: discover your unique strengths and learn new skills through peer feedback, real-life projects and varied field experiences. You define your goals, therefore, you may choose from a wide set of options:
Group Lab Economists and Executives on Campus Ventures
International Field Trips Visits to Companies
Competitions Workshops
Internship Requirement Thesis Project
Students are required to complete a 1 and 1/2 month long internship before MSc graduation. The internship requirement can be completed before or during the master program.
42 ECTS (including Research Methods Requirements: 4 ECTS) Before starting on your thesis, you will participate in a workshop designed to provide you with advice, resources, requirements and useful tools to plan and execute your Master thesis. This thesis semester is an ideal bridge from your university life to your professional career. While you are completing your integrative applied project, you will be working closely with the Career Services in order to start your professional path.
You may choose between:
Working on your dissertation full-time for 3 to 4 months. Associate the Dissertation with a professional experience (part-time internship).
Double Degrees: Control Your Destiny...
A Double Degree can be the best passport for an international career!
In these programs you will spend one year at CATÓLICA-LISBON followed by a second year at the partner school of your choice. A Double Degree experience offers you the opportunity to gain a deep international understanding. At the end of the program you will be granted with two diplomas – one from CATÓLICA-LISBON and one from our partner school. Above all, the international immersion gained through this experience is highly valued by recruiters and likely to increase the potential for an international career.
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Funding Your Master Program
Católica Top+ is a scholarship Program for Economics, Business Administration and Finance students with an outstanding academic record. Implemented by CATÓLICA-LISBON, this program allows high-potential students to complete their Master at CATÓLICA-LISBON with a partial waiver of tuition fees.
We encourage outstanding students to apply for these scholarships; especially those that have completed their first cycle degree at the top of their classes (for example, average final grades of 77,5% or above).
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The following criteria are highly valued by the jury: - Undergraduate GPA - International experience - Extracurricular activities - Professional experience (e.g. internships) - Contribution to the diversity of the group - Contribution to School activities
Loans
Top international bank institutions offer low-interest loans to students that cover tuition fees and study-related expenses. The applications for these loans should be submitted directly to the bank. In addition, we strongly encourage you to check out the financial institutions in your home country.
Admissions
Admissions requirements:
• Hold a 1st cycle degree (180 ECTS). • As the program is taught in English, a high level of fluency is required. • For the MSc in Finance we accept candidates with a degree in any area.
PROCESS STEP BY STEP: Step 1 - Application
1. Submit your Application Online (link available on our website) 2. Upload the required documents: • Curriculum Vitae. • Official University Transcripts of records confirming academic qualifications (Portuguese or English). For application purposes we do not require a formal certificate from your School, but we do require a non official document with all the courses you attended and respective grades (you may print this information from your students’ personal webpage). 3. Prove your English proficiency by presenting a certificate or taking the CATÓLICA-LISBON English Test: • TOEFL (recommended score): 600 (PBT), 250 (CBT), or 100 (IBT). • IELTS (recommended score): 7.0. • Certificate in Advanced English (CAE): minimum of C. • Dates for CATÓLICA-LISBON test available online on the Application platform. 4. Take the GMAT or CATÓLICA-LISBON Admission Test Take the GMAT or CATÓLICA-LISBON Admission Test in case you have a background different than Economics or Business Administration. This test can be held in Lisbon or in your home town. The admission jury may request this test from applicants with a background in Management or Economics if they decide that it is justifiable.
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Step 2 - Interview
1. An interview with the candidates may be required. The main goal of this interview is to evaluate the candidates’ competencies. This will take approximately 30 minutes and can be taken online.
Step 3 - Final Decision
1. The Master Admissions Committee reviews your application and then makes a final decision. For more information on the application process e-mail [email protected] or visit www.clsbe.lisboa.ucp.pt or call +351 271 214 140
TRIPLE CROWN* ACCREDITED
The Best Business School in Portugal according to the Financial Times Ranking 2010. The first Portuguese School to be amongst the select group of Business Schools accredited with the Triple Crown.
