There may soon be a new talent pool for Canadian financial planners and advisors to dip into when they are looking for new recruits.
That’s because McGill University in Montreal has launched a new Masters of Management in Finance course, which will run for 12months. To be part of the Desautels Faculty of Management, the course is meant to give students vital preparation ahead of a career in a host of financial sectors ranging from financial consulting to asset management, risk management and corporate finance.
According to Dean Isabelle Bajeux-Besnainou, the program has been designed specifically for students that do not have previous work experience and is meant to cover quantitative methods and advanced financial concepts.
“Our finance professors are internationally recognized around the world for research and teaching,” she said. “The MMF will build on these strengths and leverage our excellent resources such as our student-managed investment firm.”
As part of the program, students will work as financial analysts within Desautels Capital Management, which itself is an investment management firm that boasts its own board of directors and around $3.5million in external client funds.
Jan Ericsson, the head of the Desautels finance area, believes this is a unique program that will give students experience both with managing money and actually running a firm.
“They will exit the program not only with solid academic credentials but also with invaluable practical experience,” she said.