Specialised Master's
Finance
Senior responsibilities
in the finance professions
The Specialised Master's in Finance is a programme that prepares graduates to take on senior responsibilities in the finance professions. The teaching structure of this curriculum rests on a rigorous balance between two complementary dimensions:
On the one hand, the conceptual dimension, which makes it possible to grasp the foundations of financial theory and the complex mechanisms of the markets; and on the other hand, the operational dimension, aimed at mastering the technical tools and management practices essential to the day-to-day work of financial departments and banking institutions.
To provide the decision-maker with the methodology that enables the use of financial theory to solve practical problems concerning the behaviour of companies and financial markets.
Practical Information
2025–2026Programme Content
The programme is structured around 20 subjects grouped into 4 thematic modules covering every facet of corporate finance, market finance and financial engineering.
Fundamentals & Environment
- National accounting framework: accounting principles, valuation methods, financial statements
- Research methodology
- Introduction to finance
- Financial Analysis
- Financial reporting and group consolidation
Corporate Finance
- Financing Policy
- Banking strategy and corporate financing
- Investment policy and real options
- Cash management and foreign exchange risk
- International financial management
Markets, Valuation & Risks
- Company valuation
- Valuation of financial assets
- Portfolio Management
- Financial information in the trading room
- Financial risk management
Financial Engineering & Innovation
- Mergers and Acquisitions
- Structured financing: Securitisation, LBO, asset and project financing
- Alternative finance: Participatory Finance
- Alternative finance: Green Finance, Crowdfunding
- AI and applications in Finance
Applied professional thesis
Participants are required to produce an applied professional thesis on a project related to their company, sector and activity. This work is supervised by an ISCAE professor.
A research methodology seminar and six supervision sessions are provided. The defence takes place before a panel composed of professors and professionals, with the possibility of publication in the ISCAE research papers or in the Décideur journal.
Assessment Methods & Admission
Assessment methods
Validation of the coursework requires a minimum average of 12/20 per module. However, obtaining a grade below 8/20 in any of the subjects automatically entails compulsory resit in a second session.
Assessment is based on continuous assessment and the final examination, as well as attendance and participation. Participants will be required to submit a piece of work for each module. The programme concludes with the defence of the professional thesis.
Entry Requirements
Target Professions
The programme prepares graduates to take on senior responsibilities in the following professions:
How the Programme Runs
Teaching is delivered on campus. These arrangements may change depending on the health guidelines in force.
Selection on file
Review of diplomas and professional background to verify the entry requirements.
Written test
Test designed to assess the fundamental knowledge in finance and management.
Interview with the Committee
Admission interview tasked with assessing the candidate's aptitudes and gauging their motivation.
Professional thesis
Defence before a panel of professors and professionals, with the possibility of publication in the ISCAE research papers or in the Décideur journal.
Download the full programme brochure
Specialised Master's in Finance brochure — ISCAE Casablanca & Rabat
Contact Us
ISCAE — Casablanca
Km 9.5 route de Nouasseur, B.P 8 114 Casablanca – Oasis
[email protected]
[email protected]
ISCAE — Rabat
Avenue Ennakhil, secteur 10. Hay Riad – 10100
[email protected]
[email protected]
