Careers after the Master of Science (MSc) Banking and Finance

KEY FIGURES

A Master’s degree is a qualification required for more than 50% of recruited staff in the sector. In Europe, the banking industry (excluding insurance companies and pension schemes) employs around 1.8m people in theEurozone and, 2.6m in the EU-28 (Germany 564,000, France 470,000 and the UK 370,000).

In France, the banking industry accounts for 2.3% of the French GDP. 6 French banks are among the world’s top 30 banks, all of which are recognised as G-SIBs (Global Systemically Important Banks). The banking industry in France also recruits more than 40,000 students every year, the majority of whom are graduates or post-graduates. According to the age pyramid, we can expect this trend to continue in the long run. Furthermore, the insurance industry (comprising roughly 900,000 workers in the Eurozone) recruits around 15,000 students every year.

CAREER PROSPECTS

•    Asset management
•    Risk management
•    Private Equity / Venture capital
•    Investment banking
•    Merger & acquisition
•    Loan origination
•    Back office / middle office
•    Credit risk
•    Insurance companies
•    Equity research
•    Business Analyst
•    Compliance / legal
•    Options & derivatives
•    Debt / fixed income
•    Commodities & energy
•    Foreign exchange & money market
•    Information technology

INDUSTRY GROUPS

The majority of professions mentioned above would be to work for big companies, but there are also opportunities  in medium-sized structures (IT development, brokerage, etc.) and in the following sectors of activity:

• Retail banking, network banking
• Finance and investment bank
• Asset and portfolio management,
• Management of mutual funds (SICAV, FCP, etc.) or pension funds
• Mergers & acquisitions, business valuation
• Other financial institutions, brokerage firms
• Insurance companies: life insurance, property and casualty insurance, actuarial services
• Wealth management, private management, asset management, family office
• Financing of local and regional authorities
• Auditing and public accounting professions
• Real estate sector

NETWORK & PARTNERS

BNP PARIBAS, MAIF, Amilton Asset Management , Quantalys, OFI Invest Management, PWC, Reuters / LSEG , Barchen , CFA Institute, AFTE (Association Française desTrésoriers d’Entreprise), etc.