The program comprises 10 core courses and (a list of) elective courses. Any course of the program is either from the field "Economic Theory for Finance" (EF) or from the field "Mathematical Methods for Finance" (MF). Each student needs to acquire at least 90 ECTS points as follows:
  • 33 ECTS credit points from the core courses, of which
    • at least 9 ECTS should be from the field EF and
    • at least 9 ECTS should be from the field MF
    If a student has acquired more than 33 ECTS points from the core courses, his additional points can only be credited to the elective courses (only complete modules).
  • 27 ECTS credit points from the elective courses, of which
    • at least 9 ECTS should be from the field EF and
    • at least 9 ECTS should be from the field MF
  • 30 ECTS credit points from the Master thesis.
Find out more about the regulations of the program:

Core Courses

All 10 core courses are offered once in each academic year as follows:

Elective Courses

The list of elective courses
  • might change from year to year; and
  • is verified annually by the Steering Committee of the program.


Course Examination

  • In principle, there will be examinations following each mandatory, specialized or optional course.
  • Each responsible faculty member can decide to attribute the final grade for his/her course based only on project assessments, on class participation as well as on graded interim homework.
  • The ECTS credits will be given to those participants whose final grade indicates that they passed the course.

Repeating Examination

  • Every examination can be repeated while the number of total failures of exams is not allowed to exceed 6 (six).
  • If an enrolled student fails 7 (seven) exams then he/she will be excluded from the program.

Master Thesis

  • The program will encourage links with the professional community through the Master thesis projects.
  • Some of these projects could be initiated by firms who submit research proposals. Participants may spend the summer working as interns in those firms while writing their Master thesis.
  • More detailed guidelines for the Master thesis are available.
  • The final presentation consists of a colloquium, where participants present their Master thesis.

Final Grade and Diploma

  • The final grade will be a weighted average (based on the corresponding ECTS credit points) of the grades obtained from the courses and from the Master thesis.
  • The diploma will be a joined diploma awarded by the University of Zurich and ETH Zurich.

To view the Curriculum of the (old) program Master of Advanced Studies UZH ETH in Finance, offered between 2002-2009, please follow this link.

[RiskLab] [ETH Finance Group] [Department of Banking and Finance] [NCCR-FINRISK] [CCFZ]