24 months
3770 EUR/year
243 EUR/year
Tuition fee
Apply date
Start date


Combine theory and practice with professors who specialize in their fields and a final internship in a company directly linked to the financial markets with Probability and Finance at Institut Polytechnique de Paris.


Participate in seminars presenting partner companies, their research units, activities and internships offers - every Friday from the end of October to mid-March with Probability and Finance at Institut Polytechnique de Paris.

The importance of financial markets and their impact on the global economy has been growing for more than forty years. This phenomenon is closely linked to deregulation that began in the early 1970s, in particular through the emergence of floating exchange rates. This expansion could not have taken place without the parallel development of a financial risk industry. Many insurance policies come to the rescue of industrialists, governments, investors to protect their activity or investments against contrary market movements.

The first year is dedicated to the fundamentals in Applied Mathematics and statistics.   

Students interested early on by research are advised to apply for a PhD Track in this field (combined Master and PhD). It enables a personalized master program, early immersion in research labs and a progressive development of the thesis studies. 


Graduates of the Probability and Finance Master’s program will be equipped to pursue a career in the financial services of top companies or in consulting.

Programme Structure

See content details on our webssite program page

- Benefit from high-level learning in the field of mathematical finance covering:

  • market finance (in particular derivatives),

  • in-depth interest rate research,

  • energy markets,

  • market risk analysis and management

- Meet the new needs created by changes in the financial markets and the increasing complexity of the mathematical tools used, whether probabilistic, statistical or numerical

- Internship

Key information


  • Full-time
    • 24 months

Start dates & application deadlines


Partially taught in English, Partially taught in French


120 ECTS
  • Year 1: 60 ECTS
  • Year 2: 60 ECTS


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

Year 1

  •  Bachelor degree in sciences
  •  A good knowledge in applied mathematics

  • French and English: B2 level

Year 2

  • Completion of the first year of Master in mathematics at Institut Polytechnique de Paris or equivalent in France (engineering school) or abroad.
  • English B2 level

Tuition Fee

To alway see correct tuition fees
  • International

    3770 EUR/year
    Tuition Fee
    Based on the tuition of 3770 EUR per year during 24 months.
  • EU/EEA

    243 EUR/year
    Tuition Fee
    Based on the tuition of 243 EUR per year during 24 months.


Living costs for Palaiseau

640 - 950 EUR /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Probability and Finance
Institut Polytechnique de Paris


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