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FINDATA - Financial Data Analytics and Sustainable Finance - design of a joint degree master study program by four universities from EU member states

Funder: European CommissionProject code: 101082507
Funded under: ERASMUS+ | Partnerships for cooperation and exchanges of practices | Erasmus Mundus Design Measures Funder Contribution: 55,000 EUR

FINDATA - Financial Data Analytics and Sustainable Finance - design of a joint degree master study program by four universities from EU member states

Description

The progress of information technology had a pronounced impact on the way of doing business in the finance profession. The applications of data analytics became increasingly significant. With the widespread usage of emerging new digital technologies to finance profession, there is a profound need to equip students with technological skills and knowledge in order to cope with the demands of the current business environment. Fact that is in line with the EU European Data Strategy.The project objective is the design of a competitive, innovative, contemporary and Hands-on Joint Multidisciplinary Master Degree in the field of Financial Data Analytics and Sustainability. It will be offered in English language by 4 EU member states universities on north-south European axis. During 4 semesters students will study in at least three countries. They will not acquire skills only in the field of Finance but also Statistics, Econometrics, Data Mining, Artificial Intelligence, Machine Learning, Fintech and Big Data Analytics.Through the cooperation with two old EU member states universities, European values will be empowered in the Czech Republic and Lithuania. Moreover, ERASMUS Mundus underrepresented countries will be supported.The outcome of the project will be the development of a Joint Master and initiation of the accreditation procedure in all countries. Specifically, structure of the programme, syllabi, course outlines will be created. Admission requirements and application procedure, selection, monitoring, examination/performance, evaluation rules/procedures will be agreed by partners. Joint Degree Partner Agreement and Student Agreement will be drafted. Promotion and awareness-raising strategy will be carefully designed to attract as many students from different EU member states and third countries. As a result, the program should be launched in Fall 2024, aiming at 50 students every year contributing by this way to the new digital needs of the EU labour market.

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