European Microfinance Programme (Master complémentaire conjoint en microfinance)

Études Formations Formation professionnelle  Belgique
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The European Microfinance Programme - EMP is intended for students who want to specialise n 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 on the field. Academics from several leading European universities and practitioners from non-governmental organisations have collaborated to launch this joint programme. The 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 is spread over 3 periods :

  • From 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.
  • From February to April : Topics in microfinance; case studies in microfinance. Assessment of microfinance, development and ethics
  • From 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 financing some of the ARES-CCD-EMP students' flight tickets, but the EMP cannot make any commitment for the year 2015-2016, 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 might also take place on Saturdays 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 have field experience in developing countries.
  • Mastering English is required
  • Applicants will find the detailed application procedure on
  • They must submit their application to both ARES-CCD and EMP.

Scholarships available: 12

Duration of the course : one year (starting : mid - September 2015)

Language of the course: English


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 and SOS Faim

(for additionnal information)


Centre Emile Bernheim - Solvay Brussels School of Economics and Management (SBS-EM)
ULB CP 114/03
Avenue F-D. Roosevelt, 50 - 1050 Brussels - Belgium

Tél : +32 2 650 41 62

website :

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