The Economics, Data Analytics and Corporate Finance Master of Science and Technology is a two-year course taught entirely in English. It provides students with essential skills for strategic decision-making in the corporate world.
For more information about this program, register to our online presentation sessions.
The program combines three complementary disciplines that are usually taught separately at this level of study:
Microeconomic analysis: The microeconomics component gives students the tools for learning about corporate strategic decisions and strategic interactions within an ever-changing environment. Students focus on areas such as market and industrial organization, game theory and econometrics.
Corporate finance: This field deals with the analysis of firm's financial decisions. The students get to grips with various analytical techniques according to each subject, and tackle quantitative case studies.
Data analytics: Gaining crucial knowledge in econometrics, statistics and big data, the program equips students with the skills to analyze and interpret data.
Operating in a world of constant flux
With technology permeating every sector of the economy, the increasingly frantic pace of innovation can result in disruption at any level of the industry. Corporate giants can suddenly find themselves on the decline, displaced by the meteoric rise of disruptive newcomers – see Uber and Airbnb’s similar impacts in their shake-up of the transport and hospitality sectors.
Disruption can come from many sources: a new market organization, new technologies, regulatory changes, to name a few. Whatever the context, however, technological innovation is never a single, straightforward cause. As markets transform, they also become more difficult to analyze using traditional methods – not to mention to navigate.
Newmarket organizations, or markets that become more complex tend to shake up established patterns. In two-sided markets, the age-old identification of user and customer no longer holds: this is the case, for instance, with Google relative to its users and advertisers. “Platform markets,” on the other hand, derive value from introducing a new intermediary between provider and customer, as seen with hotel booking sites or music streaming companies.
As for new technologies, they can revitalize an aging sector just as they may help spur an entirely new economy. The exploration and production industry provides an example of this with the recent shale gas revolution. Closer to home, 3D printing is full of untapped potential and may very well revolutionize our relationship with manufacturing by making “homemade” the new normal.
Economic, political and societal trends are another factor, especially when expressed through regulatory changes. European energy policy integration has broken up national monopolies and paved the way for the creation of new electricity spot and futures markets, for example. Similarly, supranational agreements on limiting emissions have had the same effect on carbon trading.
A multidisciplinary approach
Every one of these examples includes significant economic, business, strategic, and operational components. The capacity to foresee such developments is essential for any corporate strategy aimed at meeting the challenges of the 21st-century economy.
A sound basis for these strategies can be found in quantitative methods, such as statistics and econometrics, which can make sense of the high speed at which these new markets evolve and operate. They provide an approach better suited to analyze competitive environments under conditions of uncertainty, especially in the age of big data.
This is the foundation upon which the Economics, Data Analytics, and Corporate Finance Graduate Degree is based, offering students the opportunity to embrace these new challenges head-on.
The degree program will provide you with a complete quantitative toolbox and strategic skillset to complement and complete your existing technical background. Your firm grasp on the dynamics of technological innovation in economic, business, and organizational contexts will ensure you are ideally suited for a wide range of roles.
A wide range of career choices is open to Economics, Data Analytics, and Corporate Finance degree graduates, from Strategic Business Unit leaders to strategy consultants or entrepreneurs. Strategy consulting is an obvious choice as the first career step for our graduates, through consulting roles will be by no means limited therein – other avenues include IT consulting, change management, and digital and open innovation. Conversely, many of you will relish the opportunity to launch your own startup, in which case the market knowledge gained from the program will be invaluable. On the other side of the equation, assessing startups and market and investment opportunities in the job of business angels, another obvious career avenue.
Whatever choice you make, the combination of an extensive understanding of transforming markets along with comprehensive quantitative skills will be a valuable asset to your career progression in any environment. Should you begin your career in an operational capacity, you can rest easy knowing that a later transition to a strategy- or leadership-oriented role will be a smooth one thanks to your academic training. Indeed, the Economics, Data Analytics, and Corporate Finance program provide you with a global outlook from the very outset, eliminating the need for a career hiatus for a new round of studies should you choose to change focus.
Applicants must hold or expect to hold a Bachelor's degree in Economics and/or Mathematics or "Diplôme d'ingénieur" prior to the beginning of the program.
For more information on the admission criteria and procedure, please visit our website.
Student life at École Polytechnique extends far beyond academic courses. Sports, performing arts, student clubs and activities not only enrich students’ time on campus, but also offer wonderful opportunities for learning, networking and developing important skills outside of the classroom.
École Polytechnique is pleased to provide accommodation on campus for all graduate degree students given that they request it within the given timeframe.