Professeur à PSE
Professeur, Membre de l'Institut Universitaire de France, Université Paris 1 Panthéon-Sorbonne
CES-Centre d'Economie de la Sorbonne – Maison des Sciences Eco. 106-112 boulevard de l'Hôpital 75647 Paris Cedex 13
jean-bernard.chatelain chez univ-paris1.frSite personnel
- Macro économétrie
- Economie financière
M2 Financial Economics
The "parcours M2 Financial Economics" was created in 1976 (DEA then research master Monnaie Banque Finance). It switched to an international program fully in English language in 2016. The "M2 Financial Economics" trains future researchers and high profile executives in the fields of Central Banking, Banking and Finance. It is a unique training by cutting edge applied econometrics research which leads to expertise in a well-balanced mix of three skills: Monetary Economics, Finance and Data Science. This mix constrasts with alternative diplomas only concentrating on each of these specific skills.
The training in applied data science includes at least five applied projects done by groups of two students (credit scoring, asset pricing, macro and firm level panel data, multivariate financial time series, evaluation of monetary and fiscal stabilization policy) using any of these four softwares: Stata, SAS, Python or R. From 1st of September until 15th of May, each student is supervised for his Research Master Thesis using applied econometrics.
Starting in the academic year 2022-2023, a joint agreement with ESCP Business School and University Paris 1 Panthéon Sorbonne under the umbrella of Sorbonne Alliance leads to a new course "Topics in Finance" taught by several professors of ESCP Business School. This adds the possibility to students to candidate to PhD grants at ESCP Business School. PhD (doctorat) students at ESCP Business School are also registered in the Doctoral School of Management of University Paris 1 Panthéon Sorbonne.
The M2 Financial Economics successfully prepares students willing to do a PhD to competitive exams for obtaining PhD grants (contrats doctoraux) in French or Foreign Universities starting in June. Over the last 7 years, 26 students (3.7 per year) engaged into a PhD funded by a PhD grant: 13 (50%) in Paris 1 University (Doctoral School of Economics) including one Cifre grant at BPCE, 13 others in the following universities: Washington University, King's college London, Maastricht, Louvain-la-Neuve, Namur, Lille, Dauphine, Clermont-Auvergne, two in Orléans and two in Evry-Saclay and one at ESCP Business School with Cifre grant at BNPP.
The three pillars of this training by research (Monetary economics, Finance, Econometrics) allows former students to have access to a super-large spectrum of jobs in Central Banks, International Financial Institutions, Banks and Insurance Companies in France or abroad. Please read a very precise list of jobs in the section "Insertion Professionnelle" at the very bottom of this presentation. These jobs are taken from the alumnis' linkedin group:
Last 3 recent surveys by ORIVE available on Paris 1 Pantheon Sorbonne website mention a median salary ("primes incluses") of 2950 Euros two years after graduation of the M2 Financial Economics. Straight after the master, a bottom floor monthly salary is around 2400 Euros.
An optional training period (with "convention de stage") lasts at most six months, according French regulation, between 15th of May and 30th of December. Some students with previous work experience or gap year training periods found a job earlier, without this training period.