Monetary and financial economics

Explore the programs and courses offered by Monetary and financial economics

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Program Overview

The Master's program in "Monetary and Financial Economics" is an advanced academic program that aims to deepen students' understanding of the theories and applications related to monetary systems and financial markets, with a focus on macroeconomic policy analysis, risk assessment, and financial institution management. The curriculum at this level is divided into four semesters. The first three semesters include various modules. The fourth semester culminates in the preparation of a graduation thesis on a topic in the field of Monetary and Financial Economics. This thesis will be discussed in a public session as part of the requirements for obtaining a Master's degree in this specialty.

- Training Objectives:

The Master's program in "Monetary and Financial Economics" aims to:

Enhance theoretical and applied knowledge in the specialty: by studying monetary policies and their impact on the macroeconomy, such as inflation, unemployment, and growth, as well as analyzing the structures of financial markets and their instruments, such as financial derivatives, stocks, and bonds, and their operating mechanisms. Knowledge in this specialty is also enhanced by understanding the role of central banks and international financial institutions, such as the International Monetary Fund and the World Bank.

Developing analytical skills: Using econometric models and statistical tools to analyze financial and monetary data, as well as by being able to assess financial risks and manage them through strategies such as credit, liquidity, and market risks.

Linking theoretical knowledge to practical reality: This is facilitated by studying real-life cases such as financial crises and analyzing the impact of globalization and technological transformations such as digital currencies on the financial system.




Teaching Language : Arabic

Curriculum Highlights

Core Courses

1st Semestre

Advanced Banking Economics

Stock Exchange Management Techniques

International Finance

Public Accounting

Insurance Economics

Communication and Administrative Editing

Time Series Analysis

Specialized Foreign Language 01


2nd Semestre

Banking Management

Financial Portfolio Management

Advanced Macroeconomics

Project Evaluation

Financial Econometrics

Master's Thesis Preparation Methodology

Marketing of Financial and Banking Services

Specialized Foreign Language 02

3rd Semestre

Financial Engineering

Contemporary Monetary and Financial Trends

Islamic Finance

Bank Auditing

Finance Technology

Financial and Banking Legislation in Algeria

Statistical Software

4th Semestre

Preparing and defending a master’s thesis


Advanced Topics

Studying the Monetary and Financial Economics specialty requires the exploration of complex and evolving issues that impact the financial and economic stability of countries and the global economic system as a whole. The most prominent advanced topics and problems in this specialty include

Challenges of unconventional monetary policies

Financial stability and systemic risks

Challenges in foreign exchange markets and the international monetary system

Challenges in the banking sector

Behavioral and financial economics

Interaction between monetary and fiscal policies

Technological challenges

Issues of governance and corruption

Environmental and social challenges

Theoretical debates about monetary economic model



Admissions Information

To enroll in the Master's program in "Monetary and Financial Economics," a bachelor's degree (or equivalent) in economics is required. The most important bachelor's degrees that support this specialty are:

Bachelor's in Monetary and Financial Economics (or equivalent)

Bachelor's in Monetary and Banking Economics (or equivalent)

Bachelor's in Quantitative Economics (or equivalent)

Bachelor's in Economic Analysis and Forecasting (or equivalent)

Bachelor's in Finance - Economic Sciences (or equivalent)


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