Specialized Master's
Finance
Senior responsibilities
in finance careers
The Specialized Master's in Finance prepares students for senior responsibilities in finance careers. The pedagogical structure of this curriculum is built on a rigorous balance between two complementary dimensions:
On one hand, the conceptual dimension that enables an understanding of the foundations of financial theory and the complex mechanisms of markets; and on the other hand, the operational dimension aimed at mastering technical tools and management practices essential to the day-to-day work of finance departments and banking institutions.
Provide decision-makers with the methodology to apply financial theory to solving practical problems related to corporate behavior and financial markets.
Practical Information
2025–2026Course Content
The program is built around 20 subjects grouped into 4 thematic modules covering all facets of corporate finance, market finance, and financial engineering.
Fundamentals & Environment
- National accounting framework: accounting principles, valuation methods, financial statements
- Research methodology
- Introduction to finance
- Financial Analysis
- Financial reporting and group consolidation
Corporate Finance
- Financing Policy
- Banking strategy and corporate financing
- Investment policy and real options
- Treasury management and foreign exchange risk
- International financial management
Markets, Valuation & Risk
- Business valuation
- Financial asset valuation
- Portfolio management
- Financial information in trading rooms
- Financial risk management
Financial Engineering & Innovation
- Mergers & Acquisitions
- Structured finance: Securitization, LBO, Asset and project financing
- Alternative finance: Participatory Finance
- Alternative finance: Green finance, Crowdfunding
- AI and applications in Finance
Applied Professional Thesis
Participants must complete a professional thesis applied to a project related to their company, sector and activity. This work is supervised by an ISCAE professor.
A research methodology seminar and six mentoring sessions are planned. The defense takes place before a jury of professors and professionals, with the possibility of publication in ISCAE research journals or in the Décideur review.
Assessment & Admission
Assessment Criteria
Courses are validated by a minimum average of 12/20 per module. However, a grade below 8/20 in any subject automatically requires a make-up exam in the second session.
Assessment is based on continuous assessment and the final exam, as well as attendance and participation. An assignment will be required for each module. The program concludes with the defense of the professional thesis.
Admission Requirements
Career Opportunities
The program prepares for senior responsibilities in the following fields:
Training Schedule
Courses are delivered in-person. These arrangements may change in accordance with applicable health guidelines.
File Review
Review of qualifications and professional background to verify admission requirements.
Written Examination
Test assessing fundamental knowledge in finance and management.
Interview with the Committee
Admission interview designed to assess the candidate's aptitude and motivation.
Professional Thesis
Defense before a jury of professors and professionals, with the possibility of publication in ISCAE research journals or in the Décideur review.
Download the complete program guide
Specialized Master's in Finance Program Guide — ISCAE Casablanca & Rabat
Contact Us
ISCAE — Casablanca
Km 9,5 route de Nouasseur, B.P 8 114 Casablanca – Oasis
hbaghad@groupeiscae.ma
ztannour@groupeiscae.ma
ISCAE — Rabat
Avenue Ennakhil, secteur 10. Hay Riad – 10100
smeknassi@groupeiscae.ma
aelmaaquili@groupeiscae.ma
