MSc Finance, Risk and Markets

29th in France
(Eduniversal 2026)

Overview

Accessible

The MSc in Finance, Risk and Markets at ICN Business School is a Master’s-level degree (Bac+5) dedicated to an in-depth understanding of financial markets, risk management and the mechanisms of market finance.

The programme trains specialists able to operate in demanding, regulated and international financial environments, particularly in investment banking, asset management and risk control.

This MSc is part of ICN Business School’s broader portfolio of more than eight specialised Master’s programmes and is based on a teaching approach combining academic learning, professional applications and quantitative tools used in banking and finance.

I collaborate with many well-known brands such as Club Med. During my studies at ICN Business School, I developed skills that enable me to lead a team, and I acquired rigour and organisational abilities that allow me to stand out in a fast-paced environment where efficiency is essential. The school also helped me secure valuable internships and a work-study placement in this sector during my final year.

Umar BEG

Project Manager at Headmind Partners
MSc in Finance, Risk and Markets

I collaborate with many well-known brands such as Club Med. During my studies at ICN Business School, I developed skills that enable me to lead a team, and I acquired rigour and organisational abilities that allow me to stand out in a fast-paced environment where efficiency is essential. The school also helped me secure valuable internships and a work-study placement in this sector during my final year.

Umar BEG

Project Manager at Headmind Partners
MSc in Finance, Risk and Markets

Programme content – MSc in Finance, Risk and Markets

Key modules: financial markets and derivatives

The programme covers capital markets, financial instruments and derivatives. Students develop a solid understanding of investment mechanisms, asset valuation and the functioning of international financial markets, from both an analytical and operational perspective.

Financial risk management and quantitative models

A strong emphasis is placed on financial risk management (market risk, credit risk, liquidity risk) and the use of quantitative models. Courses address risk measurement, financial regulation and issues related to market stability.

Tools and methodologies (Excel, Bloomberg, Python)

The MSc includes training in professional financial tools such as advanced Excel, financial databases (e.g. Bloomberg) and programming languages applied to finance (notably Python). These technical skills meet current expectations in analytical and quantitative finance roles.

Campus

Paris

The Paris La Défense campus is located in the heart of Europe’s largest business district, ranked fourth worldwide. Offering direct access to 2,800 major French (CAC 40) and international companies and economic organisations based in La Défense, our campus provides students with an unrivalled location for internships and job searches.

If you would like to learn more about Paris, please visit our dedicated Paris campus page.

Paris campus

The Berlin campus is set in a natural environment at the heart of one of Europe’s largest capitals. Located along the River Spree and surrounded by numerous parks, this recently opened campus (inaugurated in 2025) offers a peaceful setting.

Situated in the Moabit district, our Berlin campus allows students to be close to some of the world’s leading start-ups and to enjoy an exceptional cultural life in the German capital.

If you would like to learn more about the city and the campus, please visit our dedicated Berlin campus page.

Berlin campus

Paris

Campus

Paris

The Paris La Défense campus is located in the heart of Europe’s largest business district, ranked fourth worldwide. Offering direct access to 2,800 major French (CAC 40) and international companies and economic organisations based in La Défense, our campus provides students with an unrivalled location for internships and job searches.

If you would like to learn more about Paris, please visit our dedicated Paris campus page.

Paris campus

Berlin

Campus

Berlin

The Berlin campus is set in a natural environment at the heart of one of Europe’s largest capitals. Located along the River Spree and surrounded by numerous parks, this recently opened campus (inaugurated in 2025) offers a peaceful setting.

Situated in the Moabit district, our Berlin campus allows students to be close to some of the world’s leading start-ups and to enjoy an exceptional cultural life in the German capital.

If you would like to learn more about the city and the campus, please visit our dedicated Berlin campus page.

Berlin campus

FAQ: MSc Finance, Risks and Markets

Why choose ICN for an MSc in Finance? Hide answer Show answer

Choosing ICN means benefiting from recognised expertise in a Master’s programme specialising in risk management. The programme stands out for its strong quantitative approach, aligned with the expectations of today’s finance professions.

Students benefit from a strategic cross-border environment, particularly with Luxembourg, as well as a presence in Paris La Défense, close to major financial institutions. The option to complete the programme as a work-study course is an additional advantage for accelerating employability.

Finally, ICN relies on a network of 24,000 alumni, including an active community in finance, offering numerous career opportunities in France and internationally.



What is the difference between corporate finance and market finance? Hide answer Show answer

Corporate finance focuses on internal financial decisions within a company (investment, financing, mergers and acquisitions), whereas market finance deals with financial instruments, capital markets and the management of risks related to market fluctuations.

If you are interested in corporate finance, we also offer a dedicated MSc.



Are technical prerequisites required for the Risk & Markets specialisation? Hide answer Show answer

Yes. A strong foundation in financial mathematics, statistics and quantitative analysis is highly recommended to follow courses in risk management and financial modelling.

What tools are used in this programme? Hide answer Show answer

Students use professional financial tools such as advanced Excel, financial databases (Bloomberg) and programming languages applied to finance such as Python, in line with industry practices.



Download the programme brochure

School life

Article
︱22.01.26

François THÉRIN appointed Director General of ICN

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Article
︱28.11.25

ICN Business School celebrates 120 years of history at the Philharmonie de Paris

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Article
︱08.09.25

ICN: the strongest progression of any French school in the 2025 Financial Times ranking

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