The European Microfinance Programme (EMP) was launched in 2005 in response to a growing demand for training in development activities, particularly in microfinance. Currently, the EMP is jointly organised by three European universities (Université libre de Bruxelles, Université de Mons and Université de Paris-Dauphine) and five non-governmental organizations ADA, BRS, CERISE, Positive Planet and SOS Faim.
The purpose of the programme is to train microfinance professionals from both the North and the South and contribute to the strengthening of microfinance institutions worldwide in accordance with the highest international standards.
The EMP offers a multidisciplinary approach on development issues in the microfinance sector. The programme combines solid theoretical foundations, practical knowledge, and on-field internship. 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 (www.cermi.eu).
02/ Training content
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, social issues and public policy in microfinance, introduction to rural development.
- From February to April: Topics in microfinance, case studies in financial planning and risk management, assessment of microfinance, case studies in ethical issues in microfinance.
- From May to August: Students will complete a compulsory two-to-four-month field internship in a microfinance institution in a developing country. 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...
Courses (all in English) are held 4-5 times a week in the evening hours (from 6 pm to 9 pm). Occasionally, some courses may be organized on Saturdays from 9 am to 12 pm.
03/ Conditions of admission
Admission is delivered by the European Microfinance Programme Management Committee upon a commission evaluation of the candidates.
Applicants to the one-year programme must already hold a Master Degree - 300 ECTS - (or a degree considered as equivalent by the jury) in one of the following disciplines: development cooperation, economics, agronomy, management or finance.
Possibly, 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 http://www.europeanmicrofinanceprogram.org/.
They must submit their application to both ARES and EMP.
04/ Additionnal information
Number of scholarships available: 12
Length of the training: one academic year, starting on mid-September 2018
Teaching language: English
Université de Mons - Warocqué School of Business ans Economics
- Academic Supervisor: Prof. Marc Labie
Université Libre de Bruxelles - Solvay Brussels School of Economics and Management (SBS-EM)
- Academic Supervisor: Prof. Ariane Szafarz
In Collaboration with :
- L'Université Paris-Dauphine (France)
- ADA, BRS, CERISE, Positive Planet and SOS Faim
06/ Contact person
For further information
Ms. Claire VERHAEGEN
Solvay Brussels School of Economics and Management (SBS-EM)
CP 114/03, Avenue F-D. Roosevelt, 50 - 1050 Brussels
T : +32 2 650 41 62
website : http://www.europeanmicrofinanceprogram.org/