McGill University to Launch Master of Management in Finance in Luxembourg

On Wednesday 18 June 2025, Luxembourg's Minister of Finance, Gilles Roth, signed an endowment agreement with representatives of McGill University, the Luxembourg Bankers' Association (ABBL) and the Association of the Luxembourg Fund Industry (ALFI).

According to Luxembourg's Ministry of Finance, this agreement marks the launch of a strategic partnership aimed at establishing McGill University's first Master of Management in Finance programme in Europe - based in Luxembourg.

McGill University is widely regarded as one of the world's most prestigious academic institutions. The ministry noted that the establishment of its master's programme in Luxembourg represents a major step forward in enhancing the country's academic and financial influence.

This project is actively supported by the Ministry of Finance, ABBL and ALFI, who share the common goal of strengthening the attractiveness of Luxembourg's financial centre. The ministry added that it presents a unique opportunity to train a new generation of highly qualified professionals locally, in alignment with the needs of the financial sector.

This partnership is also said to reflect Luxembourg's broader commitment to investing in human capital and fostering academic innovation, while reinforcing its position as a leading international financial hub.

The master's programme is supported by the Luxembourg Chamber of Commerce, which will provide the facilities of its Training Centre. McGill University will also be represented there with an on-site office dedicated to managing and coordinating the programme.

Minister Roth commented: "The establishment of McGill University in Luxembourg is a signal that we are investing in the future of our financial centre by investing in people. This initiative is fully aligned with our ambition to attract international talent and to nurture a dynamic, forward-looking ecosystem that will sustain and grow Luxembourg's financial centre on the global stage."

"We are proud to extend McGill University's legacy of academic excellence to Luxembourg," said Dr Yolande Chan, Dean of the Desautels Faculty of Management at McGill University. "With the support of our valued partners, we are bringing our top-ranked Master of Management in Finance to a global financial centre known for its innovation and influence. This marks a new chapter in our joint mission to develop impactful leaders in finance."

Jerry Grbic, CEO of ABBL, stated: "One of the ABBL's priorities is to enhance the attractiveness of the financial sector by helping to offer high value-added educational courses that meet the aspirations of both Luxembourg residents and talented individuals from abroad, as well as the continuing training needs of our members. Our support for McGill's initiative is therefore in line with our commitment to the University of Luxembourg and the House of Training."

Serge Weyland, CEO of ALFI, added: "McGill's unique blend of world-class academic insight and practical experience aligns perfectly with the needs of ALFI's members and supports Luxembourg's ambition to move further up the value chain. Through McGill's student-run, university-sponsored investment funds, students gain hands-on experience in portfolio management, risk management, marketing and fund raising, developing precisely the skills our industry needs."