The aim of this specialisation is to train high-level mathematicians in risk management in finance and insurance. It provides cutting-edge training for those wanting to specialise in industry and naturally is also preparation for an academic career (doctoral thesis).

Dissertation or compulsory placement of 4 months minimum (usually 6).

No (except for the placement).

In partnership with CAAM (Crédit Agricole Asset Management), a cycle of lectures on the topic "Alternative management and hedge funds" is organised throughout the year. The objective of this programme, unique and specific to MASEF, is to provide students with cutting-edge training in alternative management. It is given by professional stakeholders, both mathematicians and specialists renowned in the field, grouped around J.M. Lasry (Scientific Advisor, Calyon) and M. Romano (Chief Executive Officer, CAAM Alternative Investments).

M1 Pure or Applied Mathematics (240 ECTS) or engineering school. Entry procedure: Dossier to be collected from the secretary or downloaded from http://www.ceremade.dauphine.fr/masef.

Portfolio management, risk control in finance and insurance.

The programme may be followed by a thesis.