KEDGE Business School MSc Sustainable Finance

Le Master of Science Ecological and Impact Finance est conçu pour les étudiants et professionnels cherchant une expertise complète en finance durable et d’impact, en lien avec les enjeux de transition écologique et sociale. Dispensé entièrement en anglais, ce programme dote les participants de connaissances avancées sur les outils de la finance durable, en se spécialisant dans le reporting et la comptabilité durable, l’analyse et l’évaluation ESG, et l’intégration dans les décisions financières, ainsi que le rôle des acteurs financiers publics et privés dans cette transition.

Curriculum (courses, subject modules)

SEMESTERS 1 & 2 

Block 1 – Ecological, Economic and Financial Realities (Semester 1)

• Living in the anthropocene
• Energy & climate issues
• Biodiversity challenges
• Anthropology of finance
• Emerging markets finance

Block 2 – Promoting Ecology and Impact in Financial Realities (Semester 1 and 2)

• Sustainable reporting standards & norms
• Sustainable governance
• ESG data & risks
• Climate-related financial risks
• ESG fund strategies
• Green banking
• Microfinance institutions and social performance
• Capital-investment and impact investing

Block 3 – Imagining Desirables Ecological Futures (Semester 2)

• Ecological accounting
• Sustainable monetary systems
• Alternative ecological money 
• 'Make your impact' challenge
• 'Double materiality' experience
• 'Financing biodiversity' seminar
• Technological change & climate change
• The KEDGE 'Debunking degrowth & postgrowth' conferences
• Study-trip

ADDITIONAL CONTENT

• Research & Networking - All along semesters 1& 2

  • Sustainability research methods
  • The KEDGE sustainable finance recruitment fair
  • 'Prepare your master thesis' seminar
  • 'Meet your master thesis tutor' seminar
  • Chair conference

  Internship

  • To be completed between May 26 and March 2027
  • 4- to 6- month

  Research thesis

  • To be completed between January 2026 and January 2027

Admission conditions

Required diploma(s) :

• Bachelor

Tuition & Fees

Between 20400 and 29900 €

Short Track (4 years + of higher education):

- Level of studies: M1 completed, or an International Bachelor's degree (Bac+4), or an equivalent of 240 ECTS credits,

- Level of English : TOEIC (785) / TOEFL IBT (79) / IELTS (6) / Cambridge First (160) (B2) / Cambridge Advanced (180) (B2) / Duolingo (105) / PT Pearson (50) / Linguaskill (169) - exemption for native English speakers or applicants with at least one year of work experience in an English-speaking country. 

Long Track (3 years + of higher education):

- Level of studies: 3 years of higher education attested by a diploma or an equivalent of 180 ECTS credits,

- Level of English: Language score is optional to enter the Long Track, but compulsory to enter the specialisation year of the MSc.

Validation of Personal and Professional Experience (VAPP)
You would like to resume your studies by integrating our MSc, Master of Science even though you do not have the diplomas normally required to access it? The Validation of Personal and Professional Experience (VAPP) allows people who does not have the required qualifications or diplomas to access the different levels of higher education. Find out more about the conditions required.

• Other pre-requisites

Meeting the programme’s minimum academic requirements does not guarantee entry as other factors are taken into account when the jury makes their decision: suitability for the course / previous training in Arts, History, Cinema, Media, Luxury, Management / proficiency in oral English / relevant experience / soft skills / serious interest in Arts & Creative Industries

Employment opportunities & career impact

Employment opportunities :

• ESG / SRI / Integrated analyst
• Sustainable / responsible / SRI portfolio manager for asset management companies or investment funds
• Impact investor in private equity funds and venture capital firms
• Green banker (expert in green and sustainable bonds origination and structuration, in green and sustainable loans…)
• Manager in a consulting firm specialising in sustainable or responsible financing strategy
• Consultant / Expert on CSR / sustainable communication strategy and integrated reporting
• Social / Environmental auditor in big-4 or specialised auditing firms
• Biodiversity analyst / consultant
• CSR and SRI relations manager
• Green Data analyst / scientist
• Policy or advocacy analyst / officer in NGOs or asset management companies
• Entrepreneurs in ecological and social projects / startups
• All financial careers that require dual expertise in financial and sustainable matters: financial analyst, CFO, risk manager, portfolio manager, etc.

Application Deadlines

Short Track (4 years + of higher education):

- Level of studies: M1 completed, or an International Bachelor's degree (Bac+4), or an equivalent of 240 ECTS credits,

- Level of English : TOEIC (785) / TOEFL IBT (79) / IELTS (6) / Cambridge First (160) (B2) / Cambridge Advanced (180) (B2) / Duolingo (105) / PT Pearson (50) / Linguaskill (169) - exemption for native English speakers or applicants with at least one year of work experience in an English-speaking country. 

Long Track (3 years + of higher education):

- Level of studies: 3 years of higher education attested by a diploma or an equivalent of 180 ECTS credits,

- Level of English: Language score is optional to enter the Long Track, but compulsory to enter the specialisation year of the MSc.

Validation of Personal and Professional Experience (VAPP)
You would like to resume your studies by integrating our MSc, Master of Science even though you do not have the diplomas normally required to access it? The Validation of Personal and Professional Experience (VAPP) allows people who does not have the required qualifications or diplomas to access the different levels of higher education. Find out more about the conditions required.

Faculty profiles

Our faculty consists of 192 permanent professors, across 5 academic departments. They are involved in all our educational programmes, our centres of excellence and expertise, business chairs, research projects as well as supporting our students, being involved in our territories and with our partners. KEDGE's faculty invests in education and plays an active role within the academic community.

Campus facilities & Student Life

In the heart of Paris, KEDGE Paris campus champions innovation and entrepreneurship, seamlessly connecting academia with industry. With a strong emphasis on adaptability and connectivity, it offers a wide array of academic programmes and collaborates closely with leading companies, providing invaluable practical experiences for students.

Outstanding facilities

Located in the heart of Paris within the Lumière Building, KEDGE Paris serves as a vibrant business hub. Spanning 6,400m² across two floors, the campus features two interconnected wings surrounding a central atrium. Beyond its functional layout, the campus embodies adaptability and versatility, prioritising entrepreneurship as its core philosophy. Its four guiding principles—adaptability, versatility, connectivity, and user-centric design—aim to redefine the student experience. Moreover, KEDGE shares its facilities with prominent entities such as Natixis, SNCF, ING Direct, Société Générale, and the Ministry of the Interior, enhancing collaborative opportunities. The campus focuses on executive education programmes as well as a portfolio of MS and MSc degrees, featuring outstanding facilities:

• Various catering areas, including multiple company restaurants
• Sports facilities
• A friendly environment near Bercy Village and the BNF (National Library of France), easily accessible by public transport and offering a wide range of accommodation options
• A large co-working area designed to enhance collaboration between students and staff, with adaptable rooms that can accommodate between 40 and 200 students
• An enhanced digital experience, featuring immersive rooms for practical case studies and a giant screen that continuously streams classes or conferences from the school’s other sites