The Master in Wealth Management in detail
The Masters Cycle of the Master in Management – Grande Ecole program comprises a two-year curriculum officially recognized by the Ministry of Higher Education and Research and is awarded with a Master’s-level diploma (5 years of post-secondary studies – Level 7*). It benefits from being delivered by a triple crown internationally accredited school (AACSB, AMBA and EFMD).
The Wealth Management specialization can be accessed via parallel admissions in the fourth year of studies.
This specialization is designed in tandem with companies in order to train students, future advisors, and managers to handle and optimize private and professional assets.
*The level 6 (NSF 313) "Diplôme en management général et international" awarded by PSB Paris School of Business is RNCP registered under the reference number 36785 by the Director General of France compétences as of 01/09/2022.
Aim of the specialization
The Master in Wealth Management is designed and offered by professionals working in real estate, insurance, private banking, and financial markets.
Three main learning areas:
- Fund management and different investment methods supported by in-depth studies into the expected returns and risks to be taken
- The real estate market and its importance to an investor’s wealth management
- Taxation and the national and international stakes
Strenghts of the program
Faculty
The teaching body comprises wealth management professionals :
GPS – Tax specialists – Lawyers – Insurers.
Teacher-researchers working in financial markets.
FMA certification
Thanks to this Master, students have the chance to take an FMA (Financial Markets Authority) certification test delivered by FMA-approved trainers.
Learning by doing
Collaborating with companies confronts students with the demands of the profession and ensures the relevance of the training program to the employment market
A day-long masterclass is held each year and run by a wealth management company.
Coverage of all professional requirements
These include legal and fiscal engineering, life insurance techniques, asset management, and real estate markets.
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2 150
Work-study contracts signed per year
15
Specializations 100% in work-study mode
3 000
Corporates partners
22 000
Alumni
*Paris Business School figures 2023
A word from the Head of Specialization
Hassan OBEID
PhD, Associate Professor, Head of the Economics Department and the Master in Wealth Management
"In this crisis period characterized by inflation, interest rate rises set by central banks, and increasing uncertainty surrounding the future of investing, wealth management advisors have become essential for individuals, families, and companies. They play a crucial role in maintaining the correct management of investors’ portfolios. Thanks to the teaching approach implemented by our faculty, students of the PSB Master’s in Wealth Management follow all the latest geo-economic, financial, insurance, and taxation developments."
Academic content
The Master in Wealth Management program consists of two years of study carried out entirely in work-study format and all subjects of which are taught in French.
The first year comprises two semesters. 1st year/1st semester :
The first semester is carried out as part of the core course, the aim of which is to enable students to acquire managerial and communications skills as well as a vital economic and financial culture required for the next steps of the program.
1st year/2nd semester :
Students begin their specialization via a general introduction and study of required concepts in the areas of legal and fiscal management, wealth situation, life insurance and financial markets alongside dissertation and technical skill acquisition seminars, including Excel.
2nd year :
The second year is dedicated to more in-depth exploration of the subjects of wealth taxation, financial techniques, and specific issues such as retirement and pension funds.
Preparation for the FMA certificate takes place in the second year, obtention of which is essential to carry out most professions linked to wealth management.
The Master is completed with an end-of-study dissertation.
Total class time is 511hrs for the fourth year and 504hrs for the fifth.
Admission to the Master in Wealth Management program
To be admitted onto the Master in Wealth Management program, candidates have to go through an examination procedure.
- ID photography
- Copy of passport or identity card
- A copy of high school diploma and any other diploma obtained since high school, with a translation in French if the original is not in English or French
- A school certificate for the current academic year (2023/2024) if applicable
- French test results obtained (TCF, DELF/DALF) if French is not the native language.
- Supporting statement from a teacher, head of institution, or an employer (not mandatory but strongly recommended)
- Resume and a cover letter
- Reference letter from a professor or a former employer, or any relevant person including contact details of the referral
- €80for the application fees (€50 for state scholarship students upon presentation of the notified final decision)
English test results obtained (IELTS/TOEFL TOEIC) in last 2 years for applicants to have already taken a test.
If you are not in a position to provide this official grade, you will receive a link to an online test.
Minimum level required for applicants to programs in English:
1st-3rd years : IELTS 5.5/TOEFL 70
4th year : IELTS 6 / TOEFL 80
The aim of this interview is to assess your degree of motivation and open-mindedness, as well as to evaluate the complementarity of your personality, your knowledge and the teaching delivered at Paris School of Business.
It is also designed to assess your ability to imagine/construct an idea and suggest an original solution to an issue.
Personalized support
We provide personalized support for people with disabilities as well as for athletes, artists and entrepreneurs.
To learn more, please visit our dedicated page.
What to do after the course ?
Professional integration
Following successful completion of the Wealth Management specialization, graduates can aspire to a wide range of positions, such as the following:
- Wealth Management Advisor
- Private Management Advisor
- Private Asset Manager
- Bank Head of Branch
The school does not offer any track beyond graduation from this program.
86%
of graduating students are in full employment
91%
of students are hired within six months after graduation.
Results indicators 2022
89%
of students have found employment in line with their level of studies
96%
of Masters in Management – Grande Ecole students graduated
€43k
average salary
Apprenticeship contract break rate: 3%
Rate of break from studies in progress: 2.52%
Specific indicators are calculated by ministries in charge of professional training programs and State Education. Available at: inserjeunes.education.gouv.fr/diffusion/accueil
The Master in Wealth Management's pedagogy
Assessment methodology
Successful completion of the five required blocks delivers the intended Master in Management – Grande Ecole program diploma and the associated level 7 RNCP certificate.
The skill validation frame of reference is based upon written and oral assessment methods, including the following:
Case studies :
- Professional simulation exercises
- Roleplay exercises
- Individual and group projects
- Professional placement report
Current academic year: 2023-2024
Teaching format
Over the course of their time at Paris School of Business, students receive a varied teaching approach in order to nurture their creativity and adaptability.
Teaching formats :
- Groupwork
- Theory classes
- Professional simulation exercises
- Inverted classes
- Business Games
- Common-theme projects
- Workshops
Competency targets
For successful completion of their Masters, students must validate the five following skillsets.
If students do not validate all the skillsets required for obtaining the professional certificate but successfully complete all skills related to one of the sets, each of the skillsets concerned will have been definitively validated.
- Devising a departmental/organizational strategy
- Planning, optimizing, and managing the budget and coordination of z department and/or organization’s financial affairs
- Managing a transformation and/or innovation project in a national and/or international context
- Managing individual staff and teams
- Implementing a wealth management policy
This program cannot be combined with another training program.
However, partial certification with another program is possible (see the RNCP diploma file).
In addition, prior professional experience may be validated with credits upon request, which must be submitted by email to: vae@ggeedu.fr
For further information on the validation of prior experience at PSB, please visit the following page.
Testimony
Maxime GUILLEMARD
Work-study student and wealth management advisor, Société Générale
I wanted to join Paris School of Business as I knew that the trade sector was of interest to me, but without yet knowing exactly what direction I would take or what I wanted to do.
The various conferences, associations and contacts established with other students and alumni guided me and revealed which path to choose. In addition, the exposure the school provides to the international scene was among the reasons behind my decision, an exposure that has served me very well since.
Contact
For any questions regarding the Wealth Management specialization, please contact the Admissions service.
Céline Renault
Head of Master in Management – Grande Ecole program admissions
admission@psbedu.paris