IFD and ILB announce first 9 master’s degrees “committed to sustainable finance
Led by the Institut de la Finance Durable in partnership with the Institut Louis Bachelier, the ‘Academic partnership: committed to sustainable finance’ project was launched in spring 2023. It responds to the challenge of raising the skills of future professionals by integrating sustainable finance issues into initial training courses, and will enable better identification of curricula committed to this approach.
15 criteria to ensure a skills base on transition issues and the development of expertise in sustainable finance
The partnership is based on a set of specifications comprising 15 criteria divided into three families aimed at guaranteeing students’ ecological knowledge and a strong ambition for the development of their expertise in sustainable finance. For example, the following requirements apply to each course of study:
- Training in ecological issues: 24 hours of training in ecological and sustainable development issues as part of the core curriculum over the course of the year.
- Sustainable finance: 48 hours of courses dedicated to sustainable finance over the course of the year,
- In terms of transformation of the academic player: develop an ecological transition strategy for the institution as a whole, including its contribution to the public debate on sustainable finance through, for example, dedicated lines of research.
Applicant institutions must demonstrate that these criteria have been met within 2 years in order to be able to publicize the partnership. The information provided by the programs to demonstrate compliance with the criteria is not intended to be audited. However, proof of achievement of each criterion will be made public.
In order to monitor the performance of the approach in terms of increasing skills in sustainable finance, a series of indicators will be produced, such as :
- The number of students enrolled in a specialized Master’s degree or in an option dedicated to sustainable finance;
- The number of students entering internships and first jobs in sustainable finance, based on student declarations;
- The number of scientific publications by lecturers in the field of sustainable finance.
The 2023 edition includes 9 Master’s programs ‘committed to sustainable finance’
The programs involved in the initiative are generalist Master’s programs in Finance or specialized in Sustainable Finance, offered by : Institut Supérieur de l’Environnement(Mastère 2 Finance Durable), KEDGE Business School(MSc Sustainable Finance), NEOMA Business School(Mastère Analyse Financière Internationale), ESSEC(Chaire Shaping the Future of Finance), Ecole Supérieure de Commerce de Clermont(Master Finance Durable et ISR), Paris 1 Sorbonne Université(Master Finance Responsable, Information et Communication), Paris-Dauphine(Master 224 Banque et Finance), Paris 13 Université(Master Développement économique, Finance internationale et soutenable) and SKEMA Business School(MSc Sustainable Finance and Fintech).
Any French generalist or specialized training program is invited to join this initiative by sending its application file directly to the IFD. Applications will be reviewed throughout the year. Do you run a Sustainable Finance course and would like to join the partnership? Contact Camille Buewaert(c.buewaert@ifd-paris.com) and visit the Partnership page on the IFD website for more information.