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Master in Quantitative Economics and Finance logo
University of Luxembourg logo

Master in Quantitative Economics and Finance

University of Luxembourg
Information last verified July 2026
Tuition 400€/semester
Degree Master's
Duration 1 year
Deadline EU: 1 Feb 2026 – 15 Jul 2026 Non-EU: 1 Feb 2026 – 24 Mar 2026 Fees: 400€/ sem. (semester 3,4) Format
Delivery On Campus / Part-time available
Location Esch-sur-Alzette, Luxembourg
Language English

Program Overview

A one-year programme to prepare high-potential individuals for successful careers in academia, public institutions, and upscale industry jobs. It goes from the basics of economics, finance, and data science to the knowledge frontier.

Key Program Features

  • Requirements • Learn in depth the fundamentals of econometrics
  • economics and finance• Get acquainted with the knowledge frontier in economics
  • finance
  • and data science• Gain unique knowledge and quantitative skills for a successful career in academia
  • public institutions
  • and the industry • Join a programme that meets the highest international standards of the first-year top Ph.D. programme in economics and finance• Become eligible for a Doctoral School in Economics
  • Finance or Management• Bec

Career Opportunities

Career opportunities There is a growing need for high-potential individuals with superior quantitative skills and a solid understanding of economics, finance, and data science in the financial industry, public institutions, and academia. We have designed the MQEF to meet this need. MQEF graduates have successfully joined leading international companies, public institutions, and top Ph.D. programmes in Economics and Finance. The MQEF is a premier route for admission to the University of Luxembourg’s Doctoral School in Economics, Finance, and Managements. Examples of MQEF graduates first jobs: Academia Doctoral Researcher in Economics, Columbia University (New York) Doctoral Researcher in Economics & Finance, University of Luxembourg Doctoral Researcher in Economics, University of Pennsylvania Doctoral Researcher in Economics, Stanford University Business & Industry Business Intelligence Analyst, Amazon Research Scientist, Core Data Science Team, Meta (ex-Facebook) Senior Quantitative Adviser, KPMG Asset Manager, JP Morgan Associate Vice President, Investment Risk, TIAA Public institutions Economist, Central Bank of Luxembourg Research Analyst, European Court of Auditors Economist, Ministry of Finance, Luxembourg Learning outcomes • Methods and tools to analyse economic phenomena in a complex, data-driven world• Skills to provide evidence-based, scientific policy advice• Critical thinking, ability to carry out independent research and to communicate its findings Internships & student counseling From MQEF to Ivy League PhD programme Discover more Financing possibilities Discover your future home Any questions? Contact us Share thisshare share email

Program Curriculum

Programme The MQEF is taught across two semesters (3 and 4). The curriculum is designed around the principal pillars of both disciplines: mathematics and statistics, econometrics, macro- and microeconomics, financial theory, general equilibrium theory, and empirical analysis. In addition, students chose from a number of optional courses on different areas of theory and policy, and write a master thesis. Internships are encouraged for people joining the industry. Curriculum Programme in detail (PDF) Academic contents Semestre 3 Semestre 3 Semestre 4 Course offer for Semestre 3 (2026-2027 Winter) Mathematics and Statistics for Economics and Finance (Maths Camp) ECTS credits: 6 Course code: QTECOFIN-1 Course title: Mathematics and Statistics for Economics and Finance (Maths Camp) Number of ECTS: 6 Course code: QTECOFIN-1 Module(s): Module 1 Language: EN Mandatory: Yes Understand basic mathematics such as Linear Algebra, and elements of multivariable calculus; Understand and apply techniques of convex static optimization, dynamic-programming techniques in both discrete and continuous time, and solve systems of difference and differential equations; Understand Brownian-motion analysis, stochastic difference equations, barriers and smooth pasting for valuation; Understand random variables, properties of conditional distributions and conditional expectations and how they can be used in probability calculations, multivariate Gaussian random vectors and their properties, basic asymptotic theory including the law of large numbers and the central limit theorem, and the methods of statistical inference, i.e., hypothesis testing and confidence intervals, based on large sample approximations. Mathematical and statistical methods are central to economics and finance. Economic analysis relies on modelling, which builds upon optimization theory. A thorough analysis of convex optimization in both static and dynamic models is a prerequisite for building and understanding economic mode

Admission Requirements

Admissions To apply for a programme at the University of Luxembourg, candidates must comply with the general eligibility criteria for the chosen programme type and be selected by the study programme based on the quality of their application. The programme at a glance – 60 ECTS Duration: 1 years / 2 sem Teaching languages: EN Admissions: EU: 1 Feb 2026 – 15 Jul 2026 Non-EU: 1 Feb 2026 – 24 Mar 2026 Fees: 400€/ sem. (semester 3,4) Format: Full-time programme (Part-time student status allowed) Specific information for this programme Requirements Students applying for the one-year Master in Quantitative Economics and Finance need to have successfully completed four years of university studies (240 ECTS), usually a Bachelor degree and one-year Master in economics, finance, business, management, mathematics, or a related discipline. The Master in Quantitative Economics and Finance is taught entirely in English and a C1 level is required and mandatory. Proof of language skills As part of the application process, prospective students will need to supply the following documents:• Full degree transcripts (Bachelor, Master or equivalent), incl. an official English translation if the original is not in English.• Diplomas of previous degrees (Bachelor, Master or equivalent) or other confirmation of completion (if diploma not yet available), incl. an official English translation if the original is not in English• Separate list of relevant statistics courses followed as part of previous education, incl. title, short description and grade achieved. If the student has not taken any statistics courses, this should be mentioned.• General GRE test scores (pdf suffices)• Curriculum Vitae• Motivation letter/personal statement• The contact details of two or more academic references• Additional documents, such as copy of passport or identity card, photo, etc. may be required by the student services department (SEVE). Selection procedure & criteria Students are selected based on their appli

Tuition & Financial Information

Tuition Fee

400€/semester

About University of Luxembourg

University of Luxembourg logo

University of Luxembourg

Esch-sur-Alzette, Luxembourg

The University of Luxembourg is a public research university in Esch-sur-Alzette and Luxembourg City, Luxembourg. It was founded in 2003 and is the only public university in Luxembourg.

University Profile
  • Application Deadline EU: 1 Feb 2026 – 15 Jul 2026 Non-EU: 1 Feb 2026 – 24 Mar 2026 Fees: 400€/ sem. (semester 3,4) Format
  • Start Date September
  • Language English
  • Duration 1 year
  • Credits 60