Economics - Management

Economic and Financial Information System

  • ECTS

    120 credits

  • Duration

    2 years

  • Training Structure

    School of Economics

Overview

The Economic and Financial Information Systems (SIEF) track is designed to provide students with a comprehensive education at the intersection of economics, finance, and information technology. The program begins with a study of economic and financial fundamentals, including macroeconomics and financial models (VAR, VECM), before focusing on quantitative subjects such as econometrics and stochastic calculus.

The IT component of the program is also central. Students learn about information systems, algorithms, and programming (Python, VBA, JavaScript), as well as database management and data warehousing. New technologies are explored through big data, data mining, data visualization, and artificial intelligence. Finally, the program includes the study of information system environments, covering IS modeling and design, network and data security, as well as the legal aspects related to personal data protection (GDPR).

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The Benefits of the Training Program

  • DOUBLE MAJOR IN ECONOMICS AND COMPUTER SCIENCE
  • TRAINING IN CUTTING-EDGE TECHNOLOGIES
  • OPPORTUNITY TO EARN A MASTER'S DEGREE (MASTER 2) THROUGH AN APPRENTICESHIP

 

 

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Objectives

  • To enable students to acquire dual expertise: proficiency in quantitative methods applied to economics and finance, and proficiency in the associated computer tools.

  • To provide training in the modeling and analysis of economic and financial data, including through econometrics, forecasting methods, and stochastic calculus.

  • Develop proficiency in information technology: databases, data warehouses, programming, big data, data mining, data visualization, and artificial intelligence.

  • To provide training in understanding and designing information systems within a complex economic and financial environment.

  • Raise awareness of IT and legal security issues, including cybersecurity and compliance with regulations such as the GDPR.

  • Prepare students to work in a digital environment, integrating information, data, and technologies for economic and financial decision-making.

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Expertise and Skills

Expertise

  • Analyze and model economic and financial data

  • Apply quantitative methods: econometrics, stochastic calculus, forecasting

  • Work with and manage databases and data warehouses

  • Develop and program computer applications and tools (Python, VBA, JavaScript)

  • Perform big data and data mining analyses, and visualize data (Streamlit, Power BI)

  • Implement forecasting and artificial intelligence models, including LLMs

  • Designing and Modeling Information Systems

  • Ensure data and system security and comply with regulations (GDPR)

 

Skills

  • Mastery of Quantitative and Statistical Methods Applied to Economics and Finance

  • Ability to collect, organize, and analyze complex data

  • Ability to design and manage information systems

  • Programming skills and proficiency in using advanced computer tools

  • Ability to integrate digital technologies and AI into economic and financial analysis

  • Understanding Security and Regulatory Compliance Issues

  • Ability to make data-driven decisions in a digital environment

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International Dimension

Starting in their second year, students can spend a year (two semesters) at one of the 60 universities with which the School of Economics has partnerships through the ERASMUS+, inter-university agreements, and CHARM-EU exchange programs.

https://economie.edu.umontpellier.fr/international/

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Organization

Knowledge Assessment

Master’s programs at the School of Economics are structured over two years and four semesters and are based on an assessment system designed to measure students’ learning progress in a gradual and comprehensive manner. At the end of each semester, the skills, competencies, and knowledge acquired in each course unit (UE) are assessed in one of two ways: through continuous assessment or a final exam.

Continuous assessment allows for regular monitoring of student progress through various forms of evaluation: proctored exams, graded tutorials, presentations, projects, document analyses, and active participation in class. This approach encourages regular attendance, consistent work, and the gradual acquisition of skills.

The final exam, on the other hand, consists of a written or oral test administered at the end of the semester. Its purpose is to assess the student’s overall mastery of the concepts taught and their ability to apply their knowledge in a structured and in-depth manner.

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Special Features

Students with disabilities, young entrepreneurs, and elite athletes can receive personalized support.

This may take the form of academic accommodations, pedagogical adjustments, or specific rights, in order to enable students to best balance their personal or professional commitments with their university studies. Depending on the situation, these measures may include an adapted class schedule, modified assessment procedures, attendance accommodations, individualized support, or dedicated support services.

https://economie.edu.umontpellier.fr/scolarite/

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Open on an alternating basis

The apprenticeship program is based on the principle of alternating between academic and practical instruction provided at the university and the acquisition of practical skills at a workplace. The frequency of this alternation varies depending on the program but follows a schedule established in advance.
The apprenticeship contract is a special type of employment contract that allows the student to hold dual status: as a student and as a full-fledged employee of the company.

APPRENTICESHIP AVAILABLE IN THE MASTER 2 SIEF PROGRAM

economie.edu.umontpellier.fr/carriere/formation-en-apprentissage/

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Internships, supervised projects

Internship

Possible

Duration of the internship

A maximum of 924 hours, or 6 months

Internship Abroad

Possible

A true immersion in the professional world, it allows students to apply the knowledge they’ve acquired in class, discover how organizations operate, and compare theory with practice. To get the most out of it, thorough preparation is essential: learn about the host organization, define your goals, draw on what you’ve learned, and prepare for professional demands.

All Master's programs offer the opportunity to complete an internship.

In the first year of the master's program, an internship is possible but optional. It must be related to the program.

The internship may begin at the end of the second-semester exams or take place during university breaks. In any case, it must end no later than August 31, regardless of whether the student is enrolled in a Bachelor’s program, a first-year Master’s program, or a University Diploma program.

In the second year of the Master's program, the internship is required.

The start date is set in consultation with the academic advisor, generally between February and March, to align with the academic calendar and the requirements for the final thesis. Regardless of the period chosen, the internship mustend no later than September 30.

economie.edu.umontpellier.fr/carriere/partir-en-stage/

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Program

The program lasts 2 years, or 4 semesters

120 ECTS

Apprenticeship available during the second year of the Master's program

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  • Theoretical Econometrics

    5 credits
  • Market Finance

    4 credits
  • Monetary and Financial Macroeconomics

    3 credits
  • Forecasting Methods

    5 credits
  • Algorithms and Programming

    3 credits
  • Data Mining and Big Data

  • Data Warehouse

  • The Economics of Bancassurance

    3 credits
  • Choose one of the following two options:

    • Financial English 1

      2 credits
    • Spanish 1

  • Introduction to Stochastic Calculus

    4 credits
  • Corporate Finance

    4 credits
  • Introduction to SAS / Excel VBA

    2 credits
  • VBA Programming

    3 credits
  • Econometrics of Qualitative Variables

    3 credits
  • Time Series Econometrics

    5 credits
  • Technical Analysis

    2 credits
  • Applied Econometrics Project

    5 credits
  • Optional

    • Optional UM Student Engagement

  • Choose one of the following two options:

    • Financial English 2

      2 credits
    • Spanish 2

      2 credits
  • Designing an Information System (IS)

    3 credits
  • Database Management

    2 credits
  • Programming Techniques

    2 credits
  • Data Mining and Big Data

    3 credits
  • Poll

    2 credits
  • IT Law (Polytech)

    2 credits
  • Data Warehouse

    3 credits
  • Modeling an IS (Information System)

    3 credits
  • Exploratory Statistics (SAS)

    1 credit
  • Computer Skills (VBA)

    1 credit
  • Data Visualization Design

    2 credits
  • Econometrics

    3 credits
  • Security

    3 credits
  • Choosing Between an Internship and a Thesis

    30 credits
    • Choose one of the following two options:

      • M2 SIF Internship

        30 credits
      • Research thesis as part of a research track

        30 credits
  • Introductory Research Seminars

  • Optional

    • M2 Optional Student Engagement

Admission

Admission Requirements

  • For the Master 1 program: Applicants must hold or be in the process of earninga bachelor’s degree (or equivalent, bac+3) in economics or a related field, recognized in France or Europe.
  • For the Master 2 program: Applicants must have completed at least 4 years of higher education (Bac +4 / 240 ECTS) in fields related to economics or similar disciplines. A strong academic record and, in some cases, professional experience are highly valued.

economie.edu.umontpellier.fr/candidatures/

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Registration Procedures

First year of the master's program

If you wish to apply for admission to the first year of a master's program, you must submit your application through the Mon Master platform .

Second year of the master's program

To gain admission to the second year of the master's program based on academic equivalence, the ecandidat application process is required.

economie.edu.umontpellier.fr/candidatures/candidatures-et-admissions/

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Target Audience

Students from the Montpellier Academy, the Occitanie region, France, and abroad.

 

 

 

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Tuition Fees

Tuition fees are set each year by the Ministry of Higher Education. They are accompanied by the Student and Campus Life Contribution (CVEC).

The entire program is free for students receiving scholarships.

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Capacity

Recommended Prerequisites

A strong background inmicroeconomics, macroeconomics, mathematics, statistics, and econometrics is essential. Depending on the intended career path, certain course options may be particularly valuable.

 

 

 

 

 

 

 

 

 

 

 

 

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And then

Continuing Education

Master’s degree graduates can continue their studies, notably bypursuing a Ph.D. in economics, either in France or abroad, particularly those interested in research or higher education. Additional specialized programs (university degrees) may also be considered depending on one’s career goals.

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Employment Placement

The Master’s in Economic and Financial Information Systems (SIEF) prepares students for a rapid and successful transition into high-value-added careers at the intersection of economics, finance, and computer science. Graduates can pursue careers asfinancial data analysts, data analysts, information systems consultants, risk analysts, or specialists in big data and artificial intelligence applied to finance and economics. They are also well-suited to work in banks, insurance companies, consulting firms, financial institutions, and companies that use advanced information systems. Their international outlook and mastery of digital technologies enhance their employability in a digitized and competitive economic and financial environment.

https://osipe.edu.umontpellier.fr/masters/ 

 

 

 

 

 

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