2. Master in Finance (MiF) at Tilburg University The Master
Program in Finance provides a broad perspective on finance,
combining the two main areas: Corporate Finance (firm perspective)
Investment Analysis (investor perspective) Related programs Master
Accounting Master Quantitative Finance and Actuarial Science (QFAS,
very technical) Research Master Business (Finance orientation, if
you want to do a PhD) 3. MiF Fields of corporate finance and
investment have become increasingly interlinked. High-level
decision making, either as e.g. a Chief Financial Officer or as an
equity analyst, requires a sound knowledge of both corporate
finance/accounting and investments. This Master Program in Finance
accomplishes this by having three compulsory courses that teach the
most important theories in both corporate finance and investment
analysis. Students can still specialize in either corporate finance
or investment analysis through a wide selection of electives, and
by their choice of Master thesis topic. 4. Profile of program
Specialized training in Finance Focus on recent developments in the
field Mix between theory and practice Many case studies, several
guest lectures Taught by both academics and practitioners
Development of research skills Many international students CFA
accredited (see further) Taught by Faculty from the Department of
Finance International group of renowned researchers that
consistently publish in top finance and economics journal. Research
ranked in top 3 in Europe Several of our lectures have won teaching
awards over the last years. 5. Layout of study program (1) Semester
1 3 core courses: Advanced Corporate Finance Investment Analysis
Empirical Methods in Finance (topics in CF/IA) 2 electives Global
Banking Corporate Governance and Restructuring Corporate Valuation
Financial Statement Analysis The Economics and Finance of Pensions
Investment Analysis of Aging and Pensions 6. Layout of study
program (2) Semester 2 2 electives Derivative Securities and Risk
Management Financial Markets and Institutions Applied Corporate
Finance Advanced Financial Accounting Financial Analysis and
Investor Behavior. Entrepreneurial Finance Master thesis For
detailed information on the content of the courses, visit:
http://mystudy.uvt.nl/it10.home?taal=n 7. Master Finance- CFA Since
September 2009, MiF is a Chartered Financial Analyst (CFA) partner
program Students will have a solid grounding in the CFA Program
Candidate Body of Knowledge (CBOK). CBOK is the foundation of the
CFA Program curriculum and it represents the knowledge, skills and
abilities that practitioners indicate they need to know to do their
jobs well. Students that are trained in the CBOK in their academic
coursework, should be able to earn their CFA charter with less
additional time and effort, and should, in fact have higher success
rates on these exams. 8. Chartered Financial Analyst (CFA) 8 The
Chartered Financial Analyst (CFA) designation required The
Chartered Financial Analyst (CFA) designation strongly preferred
CFA is a plus 9. Three exams + 4 years of experience Charterholder
employment by title 10. What can I do with my CFA title?
Charterholder employment by title 11. CFA track Semester 1 Advanced
Corporate Finance Investment Analysis Empirical Methods in Finance
Corporate Governance and Restructuring Financial Statement Analysis
Semester 2 Financial Analysis and Investor Behavior Derivative
Securities and Risk Management Master thesis 12. CFA track: costs
and benefits Costs: Fixed program (no choice in electives)
Obligation to follow course in Finance Ethics Benefits: Excellent
preparation for CFA level 1 exam Possibility to participate in
Global Challenge Possibility to win one of five scholarships
Admission to Tilburgs CFA events 13. Pension, Aging and Retirement
track in cooperation with Netspar 14. What is Netspar? Network for
Studies on Pensions, Aging and Retirement In 2003 Dutch
top-economist top Lans Bovenberg won the Spinoza prize for
Economics (the Dutch Nobel prize). With this prize he founded
Netspar in 2004 together with Theo Nijman 15. Strong network,
connecting pension practice and science 15 UniversitiesPension
industry Public sector 16. Pension, Aging and Retirement track, MiF
Semester 1 Advanced Corporate Finance Investment Analysis Empirical
Methods in Finance (topics in CF/IA) The Economics and Finance of
Pensions Investment Analysis of Aging and Pensions Semester 2
Financial Analysis and Investor Behavior. 1 elective (from
Derivative Securities and Risk Management, Financial Markets and
Institutions, Treasury Management, Advanced Financial Accounting,
Entrepreneurial Finance) Master thesis (many written during
internship at Netspar partner organization). 17. 1. How much should
one save for retirement and how is the money to be invested ? 2.
Should more choice options be offered to participants in pension
schemes ? 3. Which groups have inadequate pension savings and why?
4. How can supervision of pension vehicles in Europe be improved ?
Examples of topics on Netspar agenda 18. What is in it for you?
Contact with Netspars partners: (guest) lectures company visits
internship program Newsflash Special activities like workshop in
January Junior Pension Day in June (master thesis) Netspar Thesis
Awards Netspar certificate with your diploma Special Asset
activities 18 19. Tilburg excels in global finance competitions
Over the last 5 years, the Tilburg team has won the BENELUX CFA
competitions 2 times, and made it to the semi-final (top 4 out of
13) every year Our MiF students do very well in the Bloomberg
aptitude test, and frequently make it to the European top-10. 20.
Companies recruiting from our program Financial Services Consulting
firms Manufacturing / Food / Transport ABN Amro; Ahold/Albert
Heijn; Allied Bank; Arag rechtsbijstand; Argos North Sea Group;
Asrock b.v.; Bank of China; Cardano; Control Finance; Deloitte
accountants b.v.; Douwe Egberts; Eneco; Ernst & Young llp;
Grupo Diarq; Kas Bank; KPMG management services; Mammoet; Mars;
Mido Dairy Production co.ltd; Orchard Finance; Ostc; Perfetti van
melle; Pricewaterhousecoopers; Rabobank; RTL Nederland;
Scholengroep Rijk van Nijmegen; SNS Reaal; SPF beheer; Unilever;
Vion Food Group. 21. Calendar Master Thesis / Internship Sept.
Required Course Elective Elective Thesis Oct. Nov. Dec. Jan. Feb.
Mar. Apr. May June July Elective Required Course Required Course
Elective Notes: No second entry moment! Harde Knip: you need to
finish your bachelor before you can start your master. 22. Master
thesis Independent piece of academic work Review of literature and
own problem analysis, nearly always involving some own empirical
analysis. Preparation and writing during second semester Ideal
path: Finished research proposal and allocated supervisor by mid-
March Finished thesis + defense by end of summer (but 1 December at
the latest) Be aware of strict deadlines Possibly with an
internship, as long as it (1) contributes to the thesis and (2)
does not lead to violating the deadlines. 23. Topics of recent
Master thesis CF Company performance after a management buyout: the
influence of capital and ownership structure Optimal Dividend
Policy of a Private Bank (VLB) Using real options to value R&D
intensive products (Fuji film) No profit, big bonus: CEO
remuneration in the current crisis. Is there a link between
executive cash compensation and firm performance? Many potential
topics related to subprime crisis 24. Topics of recent Master
thesis IA Socially responsible vs conventional mutual fund
investing in the United States: performance, investor behavior and
the influence of fund size Commonality in liquidity: evidence from
the Euronext Exchange What drives the correlation between stock and
bond returns? Evaluation and analysis of mutual fund performance:
evidence from U.S. mutual funds The diversification benefits of
investing in emerging markets The value of alternative investments
(real estate, commodities, wine, art,) 25. TiSEM Career Services
TiSEM Career Services 25 Guiding you in your career planning
process Career Advice Career Workshop Internships TiSEM Career
Mentor Program Simone Hofland (K18) Career Services Officer 013 466
4203 [email protected]
www.tilburguniversity.edu/studentcareerservices 26. TiSEM Alumni
Relations TiSEM Alumni Relations 26 Alumni are our most important
ambassadors and our goal is to continue to support our alumni to
succeed in their professional lives by providing opportunities to -
Expand Your Future - Knowledge - Skills - Network As a student, you
can benefit from the experiences of the thousands of alumni in the
network Pam Dupont Alumni Officer 013 466 3603
[email protected]
http://www.tilburguniversity.edu/alumni-tisem 27. For all students:
Enroll via Studielink Non TiSEM students who want to enroll in a
(Pre-) Master also need to: Submit an application for admission For
more information go to:
www.tilburguniversity.edu/education/masters-programmes/admissionprocedure/feb/
Admission & Application 27 28. Program director: M. Fabiana
Penas [email protected] Program coordinator: Linda van
der Tuijn [email protected] Questions concerning: -
Admission to the program - Set-up of the Master program - Other
practical matters Please visit the information market for
questions!! 28 Questions? 29. Students presentation Benno van der
Berg Sanne Kuppens Track Competition and Regulation 2924-3-2014 30.
Thank you and good luck!
