International Master in Public Finance
Offered by the Faculty of Economics of the University of Rennes 1, this 2nd year master level program teaches students the various activities of governments – expenditure policies, tax instruments, macroeconomic and regulatory policies – in an evolutionary, comparative, international perspective. Graduates from the IMPF will be active and dynamic players in processes of management and reform of public sector activities and agencies, in a plurality of institutional contexts and countries. They can typically be employed in:
International organizations (EU, IMF, OECD, etc),
National administrations at the central and local levels,
Banks and financial institutions, especially in the assessment of country specific risks and policy evaluation,
Nonprofit organizations and think-tanks.
The IMPF offers double-degrees with 6 partner universities (Friburg, Switzerland, Tampere, Finland, Piemonte Orientale and Turin, Italy, Masaryk, Czech Republic and Mino, Portugal). The program also welcomes students from several Asian partner universities and institutions as well as individual applications from all over the world.
The 2020-2021 fall semester starts on September 21, 2020 at 10:00 am
Program taught in english
To help students making the most of their studies abroad, the European Commission has developed a European Credit Transfer System, (ECTS), which provides a way of measuring and transfering learning achievements from one university to another. One year of study in the European Union corresponds to 60 ECTS. One semester of study corresponds to 30 ETCS approximately.
During their training, IMPF students must complete either an Internship or a Master thesis:
Internship: the internship should last at least 4 months, from April, 1st to September 30th. The topic should be related to the production or supervision of economic and statistical studies in the field of public policies (in federal, national, regional or local governments, public services, or research centers).
Master thesis: the choice of the topic is made with the help of professors before the end of December. The topics are usually related to the subject matters of the courses. Students can choose to spend one or two semesters in a partner university.
Program (master 2 level): 60 ECTS – 410 teaching hours
The Condorcet Center
Students are also invited to participate in the activities of the Condorcet Center for Political Economy. The Condorcet Center is a Research Institute where international scholars and the University Faculty meet to pursue their joint and individual researches. The Condorcet Center promotes workshops, conferences, research projects, working papers, joint activities with other research institutes.
How to apply?
The application procedure is in French but students can submit documents in English (e.g., vita, letter of motivation, transcript of records). The application procedure depends on the country of origin of the students:
Students from Rennes 1: Application via ENT.
Students from other countries (France included): https://applying.univ-rennes1.fr
Students from the following countries: Algeria, Argentina, Benin, Brazil, Cameroon, Chili, China, Colombia, Congo Brazzaville, Gabon, Guinea, India, Ivory-Coast Japan, Lebanon, Madagascar, Mali, Morocco, Mauritius,Mexico, Peru, Czech-Republic, Senegal, South-Corea, Syria, Russia, Taiwan, Tunisia, Turkey, USA, Vietnam. Application before March 31 via Campus France: www.campusfrance.org
European students: 250 € / Non-European students: 950 €
Health insurance: 200 €
Campus rooms: 150-260 €
Frequently asked questions
What about the selection process?
The students are selected according to the following documents: a 4-year diploma (bachelor’s degree in 4 years / 1st year of a master’s degree) in economics or equivalent studies with a record of the marks you have achieved in the past academic years; a personal record (CV); a letter of motivation written in English. No interview is required.
When will the lectures start?
The first meeting with the professors will be held on the end of September. The lectures are finished in April because, afterwards, students have to (1) work on the master thesis or (2) do an internship. There are two dates for the defense : one in June (mainly for the master thesis), the other in September (mainly for internship but possible for the master thesis). In France, we do not have graduation. The defense is actually the most important event.
What are the requirements for the lectures?
The prerequisites for the lectures are basic microeconomics (consumer and producer theory, lagrangian solving) and econometrics (hypothesis testing, OLS , heteroscedasticity, autocorrelation). The level is evaluated based on the application documents. Teaching is in english. Knowledge of english is evaluated based on the past experiences of the students as well as a letter of motivation written in english (no english certificate is required). Students who do not feel comfortable with calculus and standard mathematical tools for economists are strongly advised to consult and work with the following references:
Prerequisites in mathematics (Exponents and Logarithms, differential and integral calculus, Matrix Algebra, Functions of Several Variables): S. C. Aggarwal, R.K. Rana, Basic Mathematics for Economists.
Prerequisites in microeconomics (consumer theory, Lagrangian method of constrained optimization, public economics): H. R. Varian, Intermediate Microeconomics, H. R. Varian, Microeconomic Analysis (advanced).
Prerequisites in quantitative analysis (hypothesis testing, OLS , heteroscedasticity, autocorrelation): D. N. Gujarati, Basic Econometrics.
Do I need to know French?
The knowledge of French may be useful for the everyday life and administrative procedures. The University of Rennes 1 as well as Campus France ask for a minimum knowledge of French with certificate. However, our master degree is an exception: since the lectures are in English, students applying to our master may send their application without any proof of a French certificate.
When and How can I complete the university enrolment?
The application procedure is in French only. However, you are allowed to submit English documents (vita, letter of motivation, transcript of records). The application is different depending on the country:
Students from Rennes 1: Application via ENT from March 1 to May 25.
Following countries: Algérie, Argentine, Bénin, Brésil, Cameroun, Chili, Chine, Colombie, Congo Brazzaville, Corée, Côte d’Ivoire, États-Unis, Gabon, Guinée, lle Maurice, Inde, Japon, Liban, Madagascar, Mali, Maroc, Mexique, Pérou, République Tchèque, Sénégal, Syrie, Russie, Tunisie, Turquie, Vietnam, Taiwan. Application before March 31 via Campus France: www.campusfrance.org
Other countries (France included): Application from March 1 to May 25 via: https://applying.univ-rennes1.fr
The amount of fees is as follows :
Tuition fees: 250 € for European students / 950 € for Non-European students
Health insurance: 200 €
Campus rooms (not compulsory): 150-260 €
The registration will be on site (450 euros), once you are in France at the University of Rennes 1. Fees are free if you are from a european Partner university (Erasmus Programme), if you have a French scolarship (French citizens), if you have a scolarship from Egide (Eiffel scolarship) or the French Ambassy. Foreign students may find some information about the administration procedures at the following address: https://eco.univ-rennes1.fr/en.
What are the deadlines?
Scholarship deadlines – email@example.com
Eiffel Scholarship: November, 15.
Erasmus grant for the 1st semester (Rennes 1 students): January, 31.
Erasmus grant for the 2nd semester (Rennes 1 students): June, 30.
Deadline for a campus accommodation (students from partner universities) – firstname.lastname@example.org
For the 1st semester: Mai, 15.
For the 2nd semester: Mid-October.
How much money should I have on my bank account for the visa?
Because it is a matter of visa procedure, only the French ambassy of your country can provide this information. Campus France will know this information as well if you apply to the master with Campus France. As a rough guide to help you with your budget, the registration fees are 950 euros (Non-European students), a room (or private APT) is 150-400 euros per month, the cost of living in Rennes (food, bus, etc.) is 150-300 euros per month. As a consequence, for a one year stay (12 months from october until october), the total annual budget is 4500-9300 euros.
What about accommodation? Will you assist me in searching accommodation?
We have a couple of rooms reserved, but only for students coming from our partner universities. If you do not come from a Partner University, you have to apply by yourself to a Campus accommodation (selective process) via the Crous: http://www.crous-rennes.fr