Monetary and Financial Economics - Master

• Full Name: Ben Azzah Mohamed Academic Rank: Professor
  m.benazza@cu-maghnia.dz

In Master 1: Students receive training in the financial field specifically for banking institutions and entities dealing with banks, both at the internal and external levels. They gain an understanding of all matters related to domestic and international financial transactions. This training is complemented by providing students with knowledge of certain laws governing all of the bank's interactions within its economic environment

In Master 2: In addition to the training received in Master 1, students at this level learn about various transactions that contribute to the advancement of banking operations at the international level. This is achieved through financial risk management and financial auditing. They also acquire knowledge regarding national legislation (the Money and Credit Law) and internationally applicable laws, as well as scientific research methodology to enable them to complete their graduation thesis.

The Master’s program in Monetary and Financial Economics (EMF) accepts students who hold a Bachelor's degree in Economic Sciences and who demonstrate a particular interest in economic and social issues, as well as financial and banking aspects.

Students with a "Classical System" Bachelor's degree or those with a Bachelor's degree from National Schools of Economics are eligible for direct enrollment in this program.

The University Centre of Maghnia offers the opportunity to enroll in its undergraduate programs (Bachelor's degree) for various categories of both Algerian and international students, in accordance with the applicable regulatory terms and conditions:

1. High School Graduates (Baccalaureate Holders) Prospective students holding a Bachelor’s degree (Baccalaureate) or an equivalent international qualification may apply according to the criteria and procedures updated annually by the Algerian Ministry of Higher Education and Scientific Research.
2. Holders of Prior University Degrees (Classic System)

Candidates seeking to advance their studies or specialize further may apply based on available pedagogical capacity and ministerial guidelines. This includes:

• Holders of Prior University Degrees License degree (Classic System).
• Holders of the DEUABaccalaureate + 3 years Classic System)

3. Second Degree Candidates

Students who already hold a university degree may apply for a second degree programsubject to seat availability and specific departmental requirements

3. International Students ("Study in Algeria" Program)

UCM warmly welcomes international applicants. Admission is granted based on the following:

• The candidate must hold a degree in Baccalaureate degree or an internationally recognized equivalent
• Registration via the official ""Study in Algeria"" (Study in Algeria).
• Prior attainment of an Equivalence Certificate from the Algerian Ministry of Higher Education and Scientific Research.

Important Notes Regarding Tuition Fees:

• Tuition-Free: Education is free for Algerian residents and international students receiving official scholarships from the Algerian Ministry of Higher Education
• Fee-Paying: International students under the "Study in Algeria" program (non-scholarship) are subject to annual fees fees covering tuition, accommodation, and catering, determined by current regulatory decrees.

The structure of the Master's programs at the Institute of Economics and Management allows students to choose their specialization progressively according to the following model:

Master 1: First Year Master's in Monetary and Financial Economics (EMF).

Master 2: Second Year Master's in Monetary and Financial Economics (EMF).

This specialization ensures the provision of the necessary skills and information regarding monetary and banking economics for students holding a Bachelor's degree in Corporate Finance or Banking and Insurance Finance.

This Master's program aims to train professionals in the financial and monetary fields (Cadres financiers et monétaires), enabling them to integrate easily and confidently into the administrative and financial roles of organizations.

This specialization aims to train experts in monetary and banking economics who can pursue career opportunities specifically within banking and financial institutions. Additionally, it prepares them to work as financial managers in various economic enterprises, given the versatility and comprehensive nature of the training.

It also aims to develop high-quality specialists in the fields of banking and monetary policy, equipped with the competence to manage and operate banks and financial institutions. This is achieved by providing students with various modern techniques and sciences within this specialization to keep pace with developments and transformations in the financial and banking environment, both locally and internationally, as well as understanding operations conducted at the level of financial firms and institutions. Furthermore, it enables students to master the methods of constructing financial, monetary, and economic policies for any nation

Internships and supervised projects in the third year of the Bachelor's degree and the second year of the Master's degree represent a pivotal stage mandatory They aim to bridge the gap between theory and practice, through which the student acquires Practical skills and knowledge in-depth knowledge by implementing scientific methodologies within the work environment, and developing professional competencies such as real-world problem-solving and effective project management

this experience also contributes to refining Behavioral Competenciessuch as effective communication and teamwork under specialized academic and professional supervision. It also serves as a pivotal opportunity for students to build a professional network and enhance their autonomy, ensuring a smooth transition and high readiness for integration into the labor market

Students holding a Master's degree in this specialization can occupy positions within financial departments and banking institutions, or work within banks as research analysts. These students are also qualified to work in financial consultancy firms.

The entities capable of employing students holding a Master's degree in this specialization, both within the province and beyond, are:

• Banking and non-banking institutions, and banking settlement institutions.
• International Organizations (IMF, WB, IBRD)
• the Public Treasury
• Banks
• financial Departments at the Institutional Level

This training opens broad horizons for students wishing to deepen their academic path, as the Master's degree provides its holders with the following opportunities

1. Post-Graduate Studies in Algeria (Doctorate/PhD)

The current training program allows for participation in national competitive exams for doctoral programs offered by Algerian university institutions, whether in the original specialization or in other specializations within the same field of study

2. Global Mobility & Scholarships

Distinguished students can aspire to pursue their postgraduate studies in Prestigious foreign universitiesthrough two pathways:

• Official Partnerships: Within the framework of international cooperation programs and scholarships established by the Algerian Ministry of Higher Education and Scientific Research with partner countries
• Individual Application: Students are eligible for direct enrollment in international universities, in accordance with the academic standards and criteria set by those educational institutions abroad

The Job Club at UCM (Job Club) at the University Centre of Maghnia, the primary interactive space for preparing students to enter the professional world. Its role extends beyond the academic aspect to focus on Professional Empowerment Through intensive training in self-marketing techniques, professional CV writing, and confidently navigating job interviews

The club serves as a true bridge connecting graduates to the labor market, providing them with the necessary tools to explore opportunities and build a professional network. This helps narrow the unemployment gap and ensures a swift and successful transition from the classroom to promising career paths

The University Centre of Maghnia serves as a fertile environment for innovation, where efforts have converged to establish an integrated ecosystem for supporting entrepreneurial thinking, led by The University Business Incubator Which works on mentoring innovators and startups from the 'ideation' stage to 'implementation,' by providing high-quality coaching and specialized consultations to obtain the 'Innovative Project' label

Alongside it, stands out Entrepreneurship Development Center (CDE) As a strategic link for developing students' entrepreneurial skills, in partnership with the National Entrepreneurship Support and Development Agency (NESDA), it focuses on practical training and technical mentorship. The center also includes Technology and Innovation Support Centre (CATI) which ensures the protection of intellectual property and patents

These entities integrate to form a bridge connecting the university to the economic environment, thereby transforming academic projects into promising economic enterprises that contribute to local and national development. This establishes the University Centre of Maghnia as a true hub for shaping the entrepreneurs of tomorrow