European Microfinance Programme (Master complémentaire conjoint en microfinance)

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The European Microfinance Programme - EMP is directed at students who want to obtain a specialisation in microfinance and acquire expertise by working in a developing country.

It provides students with a multidisciplinary approach to the challenges facing the microfinance sector today.

It offers the combined expertise of academics and experts working in the field. Academics from several leading European universities and practitioners from non-governmental organisations have collaborated to launch this joint programme. EMP works in close connection with the Centre for European Research in Microfinance (CERMi), which offers optional seminars, conferences, and other research activities to the EMP students (


The programme lasts one year (60 ects).

It unfolds in 3 periods :

  • Mid September to January : Introduction to financial management, microfinance from conception to management, banking and microfinance, contracting and microfinance products, public policy in microfinance, microfinance and societies, introduction to rural development.
  • February to April : Topics in microfinance; case studies in microfinance. Assessment of microfinance, development and ethics
  • May to September : Students will complete a compulsory two-to-four-month field internship preferably at microfinance institutions in developing countries. The EMP does not provide any financial support for the expenses related to that internship. However, students have the possibility to look for grants and financial support from foundations, associations, etc...Last year, the EMP was able to help finance some of the CUD-EMP students' flight tickets, but the EMP cannot make any commitment for the year 2013-2014, as it will depend on the programme's financing capacities.

The course (all in English) take place four-to-six times per week from 6 pm to 9 pm. Sometimes, courses will take place on Saturday from 9.00 am to 12:00 am. and from 1 p.m. to 4 p.m.


  • Applicants must already hold a master Degree, equivalent to 300 ECTS (5 years), in one of the following disciplines : development cooperation, economics, agronomy, management and finance. Exceptionnally, other qualifications may be accepted.
  • Applicants must possess field experience in developing countries.
  • Mastering English is required
  • Applicants will find the detailed application procedure on
  • They must submit their application to both CUD and EMP.

Scholarships available: 12

Duration of the course : one year (starting : mid - September 2013)

Language of the course: English

Le formulaire unique de demande de bourse et d'admission à l'université pour 2013-2014 est dès à présent disponible.

Télécharger le formulaire en français (12 pages - 522 Ko) (pour les masters complémentaires en français)

Pour ouvrir les documents de type PDF, vous devez disposer du plug-in gratuit Adobe Reader, disponible ici. S'il vous est difficile d'installer ce programme, vous pouvez toujours utiliser la version Ms Word du document.

Download the English Application form (12 pages - 370 Kb) (for the Masters Complémentaires in English)
Ms Word version of the Application Form


Warocqué School of Business ans Economics - Université de Mons (Belgium)

Solvay Brussels School of Economics and Management (SBS-EM) - Université Libre de Bruxelles (Belgium)

In Collaboration with :

L'Université Paris-Dauphine (France)
and ADA, BRS, CERISE, PlaNet Finance Belgique and SOS Faim

(for additionnal information)

Ms Virginie BEUVENS

Centre Emile Bernheim - Solvay Brussels School of Economics and Management (SBS-EM)
ULB CP 145/01
Avenue F-D. Roosevelt, 50 - 1050 Brussels - Belgium

Tél : +32 2 650 41 62

website :

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