QEM at the University of Paris 1 Pantheon-Sorbonne

Admission, Mobility, Scholarships and funds

Introduction

Join the Elite: EMJM QEM - Models and Methods of Quantitative Economics

Are you ready to take your academic journey to the next level? We are proud to announce that the renowned Warsaw School of Economics has joined the Consortium for the EMJM QEM program, offering a world-class education in Economics, Finance, Insurance, Optimization (Operations Research), and Applied Data Science.

Why EMJM QEM?

International Excellence: EMJM QEM is an EU-approved international graduate degree program, designed for elite cohorts of students. You'll have the opportunity to study at Europe's top universities specializing in Mathematical Economics, Quantitative Methods, and Finance.
Flexible Curriculum: Tailor your education to your interests. After completing mandatory core courses in the first year, you can create your own timetable to focus on your chosen specialization in the second year.
Elite Consortium: EMJM QEM is delivered by a Consortium of six prestigious universities:
- 1. - - Universitat Autònoma de Barcelona, Spain
        Warsaw School of Economics, Poland
        Université Paris 1 Panthéon-Sorbonne, France
        Università Ca’ Foscari Venezia, Italy
        Université catholique de Louvain, Belgium
        The University of Kansas, USA
Your Path to a Professional Career: Whether your goal is to pursue a Ph.D., embark on an academic career, work in government or international institutions, or excel in financial management or management consultancy, EMJM QEM equips you with the knowledge and skills you need for success.

Apply Today:

Join a community of ambitious scholars and future leaders. Don't miss the chance to gain a comprehensive education in Economics, Finance, Insurance, Optimization, and Data Science. The program is taught entirely in English, ensuring accessibility for international students.

For all your administrative needs and inquiries, you can reach out to Mr. Guillaume Glade or mes Liliana de Freitas.

Master EMJM QEM Office Contact Information:

Address: Université Paris1 Panthéon-Sorbonne, Maison des Sciences Economiques, 106-112, Boulevard de L'Hôpital, 75647 Paris Cédex 13, France

Administration: Mr. Guillaume Glade, Email: qem-paris@univ-paris1.fr , Phone: + 33 1 44 07 76 50

Applications/Admissions: Mrs. Liliana de Freitas, Email: qemapp@univ-paris1.fr , Phone: + 33 1 44 07 76 68

Office Hours: Monday, Tuesday, Thursday, and Friday from 10:00 a.m. to 12:30 p.m. and from 2:00 p.m. to 3:45 p.m.

Unlock your potential and shape your future with EMJM QEM - Where Excellence Meets Opportunity!

Admission

Admission to our program can be achieved through two distinct pathways. The first route follows the standard application process detailed on the Master's in Economics QEM website. You can find more information about it in the following link: https://master-economics-qem.eu/

Alternatively, if you are a student at University Paris 1 Pantheon-Sorbonne, you can automatically be admitted into the EMJM QEM program. This occurs once you have successfully completed the first semester courses of Microeconomics 1, Macroeconomics 1, Optimization, and probability and statistics (more information on the contains can be found on this website) with an average grade of B. These courses are part of the EMJM QEM program and can be found in the DU MMEF program in the track Economics. Both of these programs are offered by University Paris 1 Pantheon-Sorbonne.

The examination for these courses typically takes place in December. Your grades for these four courses will be determined by the EMJM QEM program coordination. University Paris 1 Pantheon-Sorbonne students will take the same exam as all EMJM QEM students. The grading process for these exams will be conducted by the same professors who assess the work of all EMJM QEM students.

Achieving a successful B average according to the grade translation table will guarantee your admission to the EMJM QEM program.

Upon acceptance, your enrollment in the EMJM QEM program will be retroactively applied to the first semester. All EMJM QEM students spend their first semester (S1) in one of our partner universities. This can be in Barcelona (Spain), Paris1, Venice (Italy), or Louvain la Neuve (Belgium); the choice is yours. The general rule is that students must study in at least two partner institutions.

Admission, Mobility, Scholarships and funds

Admission to our program can be achieved through two distinct pathways. The first route follows the standard application process detailed on the Master's in Economics QEM website. You can find more information about it in the following link: https://master-economics-qem.eu/

Alternatively, if you are a student at University Paris 1 Pantheon-Sorbonne, you can automatically be admitted into the EMJM QEM program. This occurs once you have successfully completed the first semester courses of Microeconomics 1, Macroeconomics 1, Optimization, and probability and statistics (more information on the contains can be found on this website) with an average grade of B. These courses are part of the EMJM QEM program and can be found in the DU MMEF program in the track Economics. Both of these programs are offered by University Paris 1 Pantheon-Sorbonne.

The examination for these courses typically takes place in December. Your grades for these four courses will be determined by the EMJM QEM program coordination. University Paris 1 Pantheon-Sorbonne students will take the same exam as all EMJM QEM students. The grading process for these exams will be conducted by the same professors who assess the work of all EMJM QEM students.

Achieving a successful B average according to the grade translation table will guarantee your admission to the EMJM QEM program.

Upon acceptance, your enrollment in the EMJM QEM program will be retroactively applied to the first semester. All EMJM QEM students spend their first semester (S1) in one of our partner universities. This can be in Barcelona (Spain), Paris1, Venice (Italy), or Louvain la Neuve (Belgium); the choice is yours. The general rule is that students must study in at least two partner institutions.

Mobility

The EMJM QEM program spans four semesters, including a mandatory mobility requirement of at least one semester. Students are expected to study at a minimum of two partner institutions, with the option to spend one semester at an associated partner university.

In the first year, all students begin their studies with the initial semester (S1) at either Ca’ Foscari University of Venice or the University of Paris 1 Panthéon-Sorbonne. This initial semester is designed to facilitate smooth transitions between institutions. The second semester (S2) can be completed at any partner university, except in cases where the second year is spent at the same institution as the first semester of the program.

For students directly admitted by the University of Paris 1 Panthéon-Sorbonne in the field of Economics, their first semester is based in Paris.

After the December exams, students who receive acceptance notifications will be offered a specific mobility track proposal. Acceptance of this proposal is a prerequisite for officially entering the program. All students must study at a minimum of two partner institutions as part of the program requirements.

The second year of the program should be completed at one of the four universities, with a focus on the chosen specialization.

The Joint Graduate Committee plays a crucial role in selecting the proposed mobility track, considering factors such as student preferences, partner institutions' preferences, and ensuring an equitable distribution of students within the Consortium during the second year.

In summary, University of Paris 1 Panthéon-Sorbonne students pursuing the QEM program must spend at least one semester at one of the other partner universities:

Universitat Autònoma de Barcelona, Spain
Warsaw School of Economics, Poland
Université Paris 1 Panthéon-Sorbonne, France
Università Ca’ Foscari Venezia, Italy
Université catholique de Louvain, Belgium
The University of Kansas, USA

Scholarships and Funds: Funding open to QEM applicants or QEM students can be found in the QEM websites

Study Programme

The EMJM QEM at the University Paris 1 Panthéon-Sorbonne is organized in two years of studies: First year where focus is on core courses, like in each partner university, with the objective of building a solid foundation in Economics and quantitative methods. Second year of specialization with emphasis on two tracks Quantitative Economics or Quantitative Finance. For more information on that please, consult the links below:

First Year:

Objectives

The primary objective of the first year is to establish a robust foundation in Economics and quantitative methods, laying the essential groundwork upon which students will construct their specialized knowledge in the second year. This foundation serves as the basis for further specialization in the second year.

To commence your academic journey, the University Paris 1 Pantheon-Sorbonne hosts Welcome Days at the inception of each semester. These meticulously organized events serve multiple purposes. They not only streamline the registration process and facilitate networking opportunities among students but also provide a platform for our esteemed faculty, the Director of Studies, and the European Coordinator of the EMJM QEM program to introduce course content, furnish comprehensive curriculum details, and communicate essential regulations and requirements. Attendance at these Welcome Days is obligatory, as it sets the tone for a productive and successful academic year ahead.

Information on curriculum and requirements

Credit Requirements:

To successfully complete the first year, you will need to accumulate a total of 60 ECTS credits, distributed as follows:

Scientific Courses: 56 ECTS Credits (7 x 7 Credits mandatory + 7 Credits elective)
- The first year primarily focuses on robustly understanding Economics and quantitative methods. It consists of seven mandatory courses, each worth 7 ECTS credits (7 x 7). Four of these courses are completed during the first semester, with the remaining three in the second semester.
- Additionally, students have the flexibility to choose elective courses (varies by institution; refer to below). If desired, students can take additional electives, totaling up to 67 ECTS credits in the first year.
Foreign Language Courses: 4 ECTS Credits (2 x 2 Credits mandatory)
- Students hosted in Paris must take French language courses each semester. These courses are compulsory, awarding 2 ECTS credits each, corresponding to approximately 50 hours of language classes and cultural excursions. These courses are graded on a pass-or-fail basis.
Remark for the Specialization in Finance:
- Students aspiring to specialize in Finance during the second year are encouraged to complement the mandatory scientific courses with two Finance courses. The credits associated with the chosen Finance courses will determine the total ECTS credits for the first year, ranging between 61 and 67 ECTS credits.

Course List

First Semester (30 ECTS Credits):

Microeconomics 1 (7 ECTS credits, mandatory)
Macroeconomics 1 (7 ECTS credits, mandatory)
Optimization (7 ECTS credits, mandatory)
Probability and Statistics (7 ECTS credits, mandatory)
Foreign Language Course in French (2 ECTS credits, mandatory)

Second Semester (30 ECTS Credits):

Microeconomics 2 (7 ECTS credits, mandatory)
Macroeconomics 2 (7 ECTS credits, mandatory)
Econometrics (7 ECTS credits, mandatory)
Foreign Language Course in French (2 ECTS credits, mandatory)
Statistics A: Euclidean Algebra (3.5 credits, elective)
Statistics B (3.5 credits, elective)
Probabilistic Methods in Finance (3.5 credits, elective)
Oriented Object Programming (OOP) in Python (3.5 credits, elective)
Probability 2 (3.5 credits, elective)
Portfolio choice and asset pricing (3.5 credits, elective)
Theory in Finance 2: Statistical Methods in Finance (3.5 credits, elective, Not available for the academic year 2023/24)
Reading Course, Research Project, or Internship (3.5 credits, subject to approval)

Course organization

Access the academic calendars for the first year can be found [under construction]
View the first semester timetable of the first year here
View the second semester timetable of the first year here
Explore the syllabi for the first year [Under construction].

Prerequisites

In addition to the program's core courses, QEM students may be required to take additional mathematics courses if they haven't previously completed them. The necessity for these courses will be determined by the Director of Studies and may vary for individual students. It's important to note that these courses do not count towards the 60 ECTS credits required for the program's first year. Examples of these additional courses, which are subject to change, include:

Logic and Sets (First Semester)
Multivariable Calculus (First Semester)
Linear Algebra (Second Semester)
Euclidean Algebra (Second Semester)

Second Year:

Objectives and Core Specializations

Welcome to the second year of our esteemed program, based in the captivating city of Paris, a global hub of culture and intellectual pursuit. At the EMJM QEM, we aim to empower students with profound knowledge and expertise in the latest methodologies and models shaping economics and finance. Beyond a focus on academia, our students are groomed for both cutting-edge research and real-world applications.

Embark on an extraordinary academic adventure with us right in the heart of Paris. Our program embodies the principles upheld by renowned institutions such as the University of Paris 1 Pantheon-Sorbonne and its distinguished partners. At [Program Name], our unwavering commitment is to provide an unparalleled learning experience through four exciting specialized tracks:

Applied Economics (APE): Immerse yourself in cutting-edge research, exploring theoretical and applied economics to gain comprehensive expertise in these dynamic domains.
Mathematical Methods in Economics and Finance (MMMEF): Dive into a rich spectrum covering financial mathematics, financial engineering, mathematical economics, game theory, optimization, control theory, data science, machine learning, and operations research. Equip yourself for dynamic roles in these critical fields and be prepared for future challenges.
Financial Economics: Immerse yourself in a distinctive training program underpinned by advanced applied econometrics research. This track offers a harmonious blend of Monetary Economics, Finance, and Data Science expertise, providing you with a versatile skill set for a successful and impactful career.
Risk Engineering: Finance and Insurance (IRFA): Master high-level risk management strategies with practical applications in finance and insurance. Notably, our IRFA track presents exciting apprenticeship opportunities, allowing you to seamlessly integrate academic learning with real-world experiences in university and corporate settings.

Our program stands out as a beacon of excellence, cultivating a comprehensive educational environment that nurtures critical skills and knowledge. Join us in sculpting your future as you connect with leading experts, participate in groundbreaking research, and navigate the thrilling intersection of academia and industry. Choose the QEM Master program for an unmatched academic experience in one of the world's most vibrant and culturally rich cities. Your extraordinary journey begins with us.

Core Specializations:

Quantitative Economics
Finance and Games
Quantitative Finance
Optimization and Data Science
Mathematical Engineering of Finance
Risk and Insurance

In-depth Subjects:

Macroeconomics
Microeconomics
Game Theory
Finance & Insurance
International Economics
Industrial Economics
Behavioral & Experimental Economics
Mathematical Economics
Econometrics
Mathematical Engineering of Finance
Risk and Insurance
Machine Learning and Data Science for Finance
Optimization and Operations Research
Optimization and Data Science
Economics, Finance and Games
Money, Banking and Finance
Applied data science (on Credit Scoring, Asset Pricing, Macro and Firm-level Panel Data, Multivariate Financial Time-series, Evaluation of monetary and fiscal stabilization policy, etc.)

Tailored Study Tracks

Our curriculum is thoughtfully curated, enabling students to immerse in a domain that resonates with their passion and future aspirations. Based on specialization and the inclination towards an applied or theoretical master dissertation, students can opt for one of the following tracks:

QEM2 Analysis and Policy in Economics (APE): An insightful journey into the intricacies of economic policies and their analytical paradigms.
QEM2 Mathematical Models & Methods in Economics and Finance (MMMEF): Dive deep into the mathematical constructs that form the backbone of today's economic and financial theories.
QEM2 Risk Engineering: Finance and Insurance (IRFA): Understand the art and science of risk in the worlds of finance and insurance.
QEM2 Financial Economics: Gain expertise in monetary economics while delving into the intricate realms of finance and data science. This holistic approach ensures a competitive edge, preparing you to navigate the complexities of the financial industry with confidence.

Program structure

Specialization Courses: Approximately 40 credits, encompassing specialized subjects and a foreign language module.

Master Dissertation: Approximately 20 credits, giving students an opportunity to research, explore, and contribute original insights to their chosen field.