涩里番

涩里番.CA / 涩里番 Desautels Faculty of Management

MMF delivery comparison

The globally ranked 涩里番 Master of Management in Finance (MMF) program is now offered in two distinct formats to suit different professional and personal needs. Students can choose between the pre-experience full-time program delivered in person at 涩里番鈥檚 downtown Montreal campus or the part-time blended format offered in Luxembourg* (Europe), with remote evening classes on select weekdays, and in-person classes taking place over two weekends each month.

Discover the program structures听Start your application听Visit MMF

Full-time
in Montreal

MMF Montreal downtown

16 or 12 months

  • Daytime and on-campus
  • Summer starting term (June)

Part-time
in Luxembourg

MMF Luxembourg night

24 months

  • Blended delivery (in-person with online components)
  • Fall starting term (August)

Program Comparison

Compare MMF Montreal听(Full-time) MMF Luxembourg (Part-time)
Program Length 16 or 12 months 24 months
Format Intensive full-time
(In-person courses: daytime and on-campus)		 Flexible part-time for working professionals
(Remote evening classes on select weekdays, and in-person classes taking place over two weekends each month)
Content Well-crafted modules:
Core, Elective, Experiential
Experiential Hands-on experience
Focus:
Desautels Capital Management (DCM)
Alpha Squared Equity Fund
International study trip
Applied finance project
Pro-seminars		 Focus:
Desautels Capital Management (DCM)
Socially Responsible Investing听(SRI)听Equity Fund
International study trip
Applied finance project
Pro-seminars
Delivery In-person in Montreal (Canada)
(On-campus, downtown Montreal)		 In-person in Luxembourg (Europe), with an online component.
Chambre of Commerce Luxembourg; House of Training
听 听 听
Focus of Prospective Students Pursue career initiation in finance,
portfolio managers, and financial consultants		 Accelerate and improve employability
Career Management First-time placement
Personalized career coaching		 Career change or advancement
Personalized career coaching
Starting term Summer intake (June) Fall intake (August)
Tuition听(CAD) $72,524

Net tuition for Canadians and Permanent Residents:
$53,517

$72,524
Residency status criteria N/A

EU Nationals
European Economic Area and Swiss Confederation
Or with valid residence permit in Luxembourg.
Please reach out to mmfluxembourg [at] mcgill.ca if you are unsure about your residency eligibility.

MMF Montreal (Full-time) program term structure.

The Montreal-based MMF is an intensive, 16 month pre-experience full-time program with a 12 month accelerated option designed to develop strong financial expertise through an in-person delivery. Students complete 12 courses (36 credits) over three academic terms, with a strong focus on experiential learning. In the final term, students undertake a 9-credit Applied Finance Project, bringing the total to 45 credits.

听 June Summer year 1 Fall year 1 Winter year 1 Summer year 2

16 month

45 credits

Bootcamps and
workshops

Required courses

12 credits

Required courses

12 credits

Required courses
and Applied Finance
Project

16.5 credits

Applied Finance
Project

4.5 credits

12 month

45 credits

Bootcamps and
workshops

Required courses

12 credits

Required courses

12 credits

Required courses
and Applied Finance
Project

21 credits

 -
- Analyst at Desautels Capital Management, Inc. (DCM) -

MMF Luxembourg听(Part-time) programme term structure.

The Luxembourg-based MMF is a 24 month, part-time programme, designed specifically for working professionals. Delivered in a blended format, it combines in-person evening and weekend sessions with experiential learning opportunities tailored to those advancing their careers. Students complete the same 12 courses (36 credits) across five terms, concluding with a 9-credit Applied Finance Project for a total of 45 credits. This flexible structure allows professionals to balance their studies with work commitments while developing the practical skills and financial expertise to excel in the global marketplace.

听 August Fall year 1 Winter year 1 Summer year 1 Fall year 2 Winter year 2 Summer year 2

24 month

45 credits

 Bootcamps,
workshops

Required courses

6 credits

Required courses

6 credits

Required courses

6 credits

Required courses

6 credits

Required courses and
Applied Finance Project

6 + 4.5 credits

Required courses and
Applied Finance Project

6 + 4.5 credits
- Analyst at Desautels Capital Management, Inc. (DCM) 听

Academic framework

Explore what you will learn in the Master of Management in Finance.

MMF MTL

ACCT 604. Financial Statements 1.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

Explores financial reporting and statement analysis, focusing on extracting and interpreting financial and non-financial information to assess and forecast firm performance. Covers accounting principles, major financial statements, ESG metrics, management biases, fraud detection, major financial patterns, and valuation.Evaluation of firm performance and application of valuation techniques.
  • **This course will be held on June 26, 27, 28, July 2, 4, 5, 8, 9, 11, 12, 15, 16, 18 & 19 and final exam on July 22nd.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Course Add is the fourth lecture day.
  • **Web ADD only.
  • **No web drop allowed.
  • **Web withdrawal not applicable.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 677. Trading and Markets

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

A focus on how securities are traded, covering theoretical and practical aspects of trading. Topics include market structure, regulation, trader behaviour, liquidity, volatility, and the roles of different market participants. Exploration of algorithmic and high-frequency trading using Rotman Interactive Trader software. Emphasis on execution and measurement of trading strategies, with hands-on work in Python.
  • Restrictions: Not open to students who have taken FINE 690 when topic was "Trading and Markets".

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

听 or

FINE 678. Financial Economics.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

Foundational tools for corporate finance and investments, starting with elementary financial mathematics and valuation tools with a focus on the net present value and its application to the capital budgeting decision. Historical evidence on the risk-return relationship and the capital asset pricing model. Fundamental rules for successful investing, including modern portfolio theory and the principles and limitations of ESG investing. Introduction to the capital structure decision.
  • **This course will be held on July 8, 9, 11, 12, 15, 16, 18, 19, 22, 23, 25, 26 & 29 and final exam on August 1st.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Course Add is the fourth lecture day.
  • **Web ADD only.
  • **No web drop allowed.
  • **Web withdrawal not applicable.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 670. Fundamentals of Financial Research.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

Research methodology, where a research project will be carried out under the supervision of the Faculty supervisor. Specific tools will be tailored based on a particular research topic and the recommendations of the supervisor.
  • **This is a project course; therefore there are no formal meeting times.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Course Add is the fourth lecture day.
  • **Web ADD only.
  • **No web drop allowed.
  • **Web withdrawal not applicable.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 681. International Capital Markets.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Development of a few simple, but powerful economic principles to understand the role,structure, and functioning of capital markets and institutions around the world. Analyses functions and structure of the financial system, central bank and monetary policy, financial crises, and major securities markets (e.g., equity, bond, mortgages) and participants. Emphasizes the role of banks, shadow banks, and the regulatory environment, as well as the fund industry, and the role that financial markets and institutions play in the governance of firms.
  • **This course will be held on August 5, 6, 7, 8, 9, 12, 13, 15, 16, 19, 20, 22 & 23 and final exam on August 26th.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Course Add is the fourth lecture day.
  • **Web ADD only.
  • **No web drop allowed.
  • **Web withdrawal not applicable.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 679. Corporate Finance Theory.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

Framework for analyzing the investment and financial decisions of corporations. Capital structure decision and its effect on the value of a firm. Valuation with an emphasis on the benefits and limitations of the different valuation methods.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 680. Investments.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Financial markets, portfolio theory, and portfolio management.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Add/drop is the second lecture day and withdrawal is the fifth lecture day.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 688. Mergers and Acquisitions.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Mergers and acquisitions, and corporatere organizations and restructuring, including leveraged buyouts and restructuring in financial distress/bankruptcy. Corporate governance as an organizing framework and how corporate control is exercised, influenced, and changed.
  • Prerequisite: FINE 679.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 674. Fintech.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Explores how digital technologies and business model innovation are reshaping finance. Covers alternative financing models such as crowdfunding and token offerings, along with developments in payments, digital currencies, digital ledger technologies (both permissioned and permissionless), smart contracts, the oracle problem, and tokenization. Covers core concepts and draws on research insights. Addresses financial inclusion and other ESG-related challenges in this context, and includes a team project related to these themes.
  • Restrictions: Not open to students who have taken FINE 691 when topic was "Fintech".

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 671. Applied Finance Project.

Credits: 9
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Research project supervised by a Faculty member of the Desautels Faculty of Management.
  • Prerequisite: FINE 670

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 682. Derivatives.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Introduction to derivatives markets, focusing on the review of institutional features of derivatives contracts, the valuation, the hedging and the use of popular derivatives such as options, futures, and interest rate derivatives. Fundamental valuation, practical applications, and examples on how these contracts are used in the financial industry. The risks and governance concerns associated with the use of financial derivative contracts.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 683. Advanced Corporate Finance.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Introduction to startups with an emphasis on the institutions and practices employed in the venture capital industry. Alternative funding channels (e.g., angel investors) and, most importantly, alternative viewpoints and interests (e.g., entrepreneurs, employees, advisory).
  • Prerequisite: FINE 679.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 684. Fixed Income Analysis.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Fixed income financial instruments and their uses for financial engineering and risk management.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 691. Advanced Topics in Finance 2.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Winter 2026
View offerings for in Visual Schedule Builder.

Description

Current topics in finance.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

MMF LUX

ACCT 604. Financial Statements 1.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

Explores financial reporting and statement analysis, focusing on extracting and interpreting financial and non-financial information to assess and forecast firm performance. Covers accounting principles, major financial statements, ESG metrics, management biases, fraud detection, major financial patterns, and valuation.Evaluation of firm performance and application of valuation techniques.
  • **This course will be held on June 26, 27, 28, July 2, 4, 5, 8, 9, 11, 12, 15, 16, 18 & 19 and final exam on July 22nd.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Course Add is the fourth lecture day.
  • **Web ADD only.
  • **No web drop allowed.
  • **Web withdrawal not applicable.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 680 - Investments

Course information not available.

FINE 679. Corporate Finance Theory.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Summer 2026
View offerings for in Visual Schedule Builder.

Description

Framework for analyzing the investment and financial decisions of corporations. Capital structure decision and its effect on the value of a firm. Valuation with an emphasis on the benefits and limitations of the different valuation methods.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 688. Mergers and Acquisitions.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Mergers and acquisitions, and corporatere organizations and restructuring, including leveraged buyouts and restructuring in financial distress/bankruptcy. Corporate governance as an organizing framework and how corporate control is exercised, influenced, and changed.
  • Prerequisite: FINE 679.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 681. International Capital Markets.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Development of a few simple, but powerful economic principles to understand the role,structure, and functioning of capital markets and institutions around the world. Analyses functions and structure of the financial system, central bank and monetary policy, financial crises, and major securities markets (e.g., equity, bond, mortgages) and participants. Emphasizes the role of banks, shadow banks, and the regulatory environment, as well as the fund industry, and the role that financial markets and institutions play in the governance of firms.
  • **This course will be held on August 5, 6, 7, 8, 9, 12, 13, 15, 16, 19, 20, 22 & 23 and final exam on August 26th.
  • **Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Course Add is the fourth lecture day.
  • **Web ADD only.
  • **No web drop allowed.
  • **Web withdrawal not applicable.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 683. Advanced Corporate Finance.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Introduction to startups with an emphasis on the institutions and practices employed in the venture capital industry. Alternative funding channels (e.g., angel investors) and, most importantly, alternative viewpoints and interests (e.g., entrepreneurs, employees, advisory).
  • Prerequisite: FINE 679.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 684. Fixed Income Analysis.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Fixed income financial instruments and their uses for financial engineering and risk management.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 682. Derivatives.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Introduction to derivatives markets, focusing on the review of institutional features of derivatives contracts, the valuation, the hedging and the use of popular derivatives such as options, futures, and interest rate derivatives. Fundamental valuation, practical applications, and examples on how these contracts are used in the financial industry. The risks and governance concerns associated with the use of financial derivative contracts.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 685. Market Risk Management.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Measuring and managing risks facing corporations, focusing on aspects of market risks.
  • Prerequisite: FINE 682.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 687. Global Investments.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Top-down portfolio management skills, including basic understanding of the global investment approach.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 692. Advanced Topics in Finance 3.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Fall 2025
View offerings for in Visual Schedule Builder.

Description

Current selected topics in finance.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 691. Advanced Topics in Finance 2.

Credits: 3
Offered by: Management (Graduate Studies)
Terms offered: Winter 2026
View offerings for in Visual Schedule Builder.

Description

Current topics in finance.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

FINE 674. Fintech.

Credits: 3
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Explores how digital technologies and business model innovation are reshaping finance. Covers alternative financing models such as crowdfunding and token offerings, along with developments in payments, digital currencies, digital ledger technologies (both permissioned and permissionless), smart contracts, the oracle problem, and tokenization. Covers core concepts and draws on research insights. Addresses financial inclusion and other ESG-related challenges in this context, and includes a team project related to these themes.
  • Restrictions: Not open to students who have taken FINE 691 when topic was "Fintech".

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

Applied Finance Project

FINE 671. Applied Finance Project.

Credits: 9
Offered by: Management (Graduate Studies)
This course is not offered this catalogue year.

Description

Research project supervised by a Faculty member of the Desautels Faculty of Management.
  • Prerequisite: FINE 670

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

The integrative finance project is a core component of the program. It provides the opportunity to immediately put into practice the skills and knowledge that students acquire in the classroom. Students fulfill this requirement in three overlapping stages:
听

  1. Desautels Capital Management Inc.: Upon entry into the program, students join as analysts. DCM is a licensed and regulated asset management firm, with an independent board of directors and external investors. As analysts, students are responsible for a particular sector, identifying investment opportunities, and pitching them to colleagues. In addition, students are responsible for dealing with regulatory issues, compliance, trading and execution, back office settlement, preparation and filing of financial statements, and communication with clients.
  2. Professional seminar series: Seminars will be held regularly to expose students to current issues and practices in financial markets. The seminars will be given by professionals from various industries, e.g. hedge funds, pension funds, tax/legal accountants, etc., and will provide unique networking opportunities.
  3. Final project: Students will work on a finance topic of their choice under the supervision of a faculty member. Throughout the project, students will have the opportunity to think independently and creatively about an important financial topic, apply their quantitative skills, and ultimately showcase marketable skillsets in an area of their interest.

See a list of these听>

International study trip

In the Fall, students enrolled in the MMF program travel to London, England to witness firsthand how today鈥檚 financial sector operates in a booming metropolis. Over the span of five days and thanks to 涩里番鈥檚 extensive alumni network, students meet with several distinct financial organizations that operate across a variety of areas, such as asset management, real estate, risk management, and private equity.

Tags: 
Information Session

涩里番 Luxembourg Centre for FinanceThe part-time MMF programme in Luxembourg was made possible through the support of the 涩里番 Luxembourg Centre for Finance and its founding partners: the Luxembourg Ministry of Finance, the Luxembourg Bankers鈥� Association (ABBL), and the Association of the Luxembourg Fund Industry (ALFI).

More on 涩里番 Luxembourg Centre for Finance
Back to top