Finance and Data Analytics (MFDA)

This two-year English-language Master's degree programme is designed to pair the key areas of finance and data analytics. The programme takes a data-driven approach to the analysis of financial markets and organisational information covering key theoretical principles of finance, financial modeling and financial markets to prepare students for a dynamic career in finance, banking and a range of other sectors. The programme's curriculum focuses on modern statistical analysis, data modeling, programming, big data and machine learning techniques. MFDA equips the student with a thorough understanding and advanced skills in theoretical and applied finance with an emphasis on computational aspects of the problems. Programme's graduates will gain quantitative, statistical and technical skills crucial for modern finance and will have the expertise to independently define and creatively solve broad variety of theoretical as well as practical problems. Courses are taught both by faculty members of the Institute of Economic Studies (IES) and external professionals from international institutions, central banks and financial industry. Lecturers put emphasis on detailed and advanced knowledge of both financial theory and applied financial methods, with focus on computational aspects of the methods. In particular, courses include Big Data analysis, modern approaches to asset pricing using statistical learning, understanding of financial instruments, advanced econometrics, behavioral finance and time series analysis.

Early-bird application deadline: 29. 02. 2024
The early-bird deadline is strongly recommended for students from visa-seeking countries. Please, be aware that it is the student's responsibility to obtain a visa before enrolling in the programme.

Regular application deadline: 30. 04. 2024

Programme Duration: 2 years

Language of Instruction: English

Programme Director: doc. PhDr. Jozef Baruník, Ph.D (jozef.barunik@fsv.cuni.cz) 

Programme Coordinator: PhDr. František Čech Ph.D. (frantisek.cech@fsv.cuni.cz)

Admission Administration: admissions@fsv.cuni.cz

Tuition Fee: 7 000 EUR per year

Reduction or Waiving the Fee: The Faculty of Social Sciences offers a set of scholarships and fee reductions. Conditions and terms can be found here.

Requirements for Application: See the full list here.

Study Prerequisites: The programme is open to students who have completed a Bachelor’s degree (or equivalent). Applicants with Bachelor degrees in economics, finance, business studies, mathematics, physics, or technical fields are especially welcomed. Applicants are required to have an excellent analytical quantitative skills. They should have completed at least two courses in two terms of Bachelor level mathematics. Applicants should be familiar with the following topics of calculus and linear algebra: functions, limits, derivatives, partial derivatives, optimization techniques, matrix algebra, and differential and difference equations. They should have an introductory-level understanding of probability distributions, hypothesis testing, linear regressions, and the OLS estimation method. Prior knowledge of economics or finance is an advantage, but it is not required.

Programme Structure: For the full course structure of the programme, please see the programme guidebook Karolinka.