Why choose the MSc in ISFM

The University’s Tradition

AUEB was founded in 1920 and comprises three schools, the School of Business, the School of Economic Sciences and the School of Information Sciences and Technology. It is the most distinguished business school in Greece and is internationally recognized for its quality of education, research and training.

According to Eduniversal Business School rankings for 2021, 
AUEB was classified in the top category "4 Palmes" among the top 300 Business Schools in the world. 
It is the only Business School in Greece to receive this ranking.


A Leading Edge Study Program

The academic program is taught by world class professors, which is constantly reviewed to fit the needs of the industry.
Besides the core courses, you have the opportunity to adapt the MSc to your specific areas of interest, through the selection of a large number of elective course units of your choice and the topic of the MSc thesis.

Explore the Full-time academic program here
Explore the Part-time academic program here

Executive guest speakers and visits to relevant companies and organizations provide you with 
an “inside view” of the industry and many networking opportunities. 

An MSc Program with its exclusive teaching and research Laboratory,
specialising in its fields of expertise

Another important element of the Program is the access to major databases, newspapers, periodicals and academic journals related to shipping, finance and management - essential for the required assignments, workshops, academic research and the link of theory with practice.
Via the ISFM Lab, the Program's teaching and research laboratory, students have the opportunity to be trained on using the top databases worldwide, related to economics, finance and shipping, which consist required skills for the workplace.

An internationally recognised MSc Program, ranked 5th in the world 

The MSc in ISFM has been ranked 5th in the world in the field of Maritime Management according to the 2018 and 2019 Eduniversal Masters' Rankings in which it participated. This proves the international recognition of the quality of the Program and enhances the employment prospects of its students and graduates. 

International Acclaimed Faculty

Our faculty members, all PhD holders, are scientists with notable presence in the European and international scientific community. They have numerable participations in international conferences, and publish research in the most respectable international scientific and professional journals. They are members of editorial boards of international scientific journals, present their research in international conferences in their fields of interest, publish books and monographs in international publishing houses, serve as visiting professors and present their scientific work in major universities around the globe.

Professors of MSc in ISFM have International Studies from:

  • Stanford University
  • Harvard University
  • State University of New York (S.U.N.Y.)
  • University of Maryland
  • McMaster University (Canada)
  • University Paris I – Panthéon - Sorbonne
  • Universities Paris 7
  • Rotterdam School of Management
  • European University Institute (Florence)
  • University of Rome Tor Vergata
  • University of Cambridge
  • London School of Economics (LSE)
  • Imperial College, London
  • University College London (UCL)
  • Warwick Business School
  • Cass Business School, London
  • Lancaster University
  • Manchester Business School
  • University of Bath
  • Exeter University
  • University of Essex
  • University of Sheffield

International standing of faculty members

  • Substantial research and publications’ record in major international scientific journals, with significant contribution to global knowledge
  • Presentations of scientific research work of Faculty members around the world in countries such as: the USA, Canada, UK, Belgium, Italy, France, Sweden, Norway, Australia, Korea, China, Hong Kong, Taiwan and, etc.

Further Distinctions:

  • Participation in Editorial Boards of International Scientific Journals
  • Recognition of the Faculty members’ work – awards and prizes
  • Textbooks and Monographs with major international publishers
  • Chapters in international collective volumes and other publications
  • PhD candidates
  • Awards for research work of Faculty members by the international scientific community in major international conferences
  • Research funding by companies, public entities and the European Union
  • Teaching Awards of Faculty members by non-Greek and Greek Universities

Indicative list of international scientific journals in which MSc in ISFM Professors have published their work:

  • Maritime Policy and Management
  • Maritime Economics and Logistics
  • Transportation Research, Part E (Logistics and Transportation Review)
  • International Journal of Transport Economics
  • Journal of Transport Economics and Policy
  • American Economic Review
  • Journal of Financial and Quantitative Analysis
  • Financial Analysts Journal
  • Journal of Banking and Finance
  • Journal of International Money and Finance
  • Journal of Derivatives
  • Journal of Futures Markets
  • European Journal of Finance
  • European Financial Management
  • European Economic Review
  • Journal of Business Finance and Accounting
  • Quantitative Finance
  • Journal of Empirical Finance
  • International Review of Financial Analysis
  • Accounting Review
  • Accounting, Organizations and Society
  • Contemporary Accounting Research
  • International Journal of Accounting
  • Review of Accounting Studies
  • Critical Perspectives on Accounting
  • Organizations and Society
  • Journal of Forecasting
  • Journal of Macroeconomics
  • ActaPsychologica
  • British Journal of Social Psychology
  • Journal of Advertising
  • Journal of Economics Psychology
Explore the Program's faculty here

Located at the heart of a significant maritime cluster: 
Athens, an international maritime centre
Greece, the largest shipowning nation in the world

You will have the opportunity to live and study in an International Maritime Centre, in Greece - with the highest ownership (in tonnage) in the world and hundreds of companies located here. Athens is a vibrant city, an amalgamation of culture and maritime entrepreneurial tradition. 

At the end of the taught part of the program, placements with shipping and other companies are available to students of the MSc. 

An indicative list of companies that offer placements to MSc in ISFM students includes:

Marmaras Navigation/Delta Tankers, Tsakos Group, BlackRock (UK), DEME Group (Belgium), URSA Shipbrokers, Interunity, Diana Shipping, Nuntius, Starbulk, Olympic Shipping & Management, NAVIOS, DANAOS, Ship Procurement Services, Trafigura, AlmiTankers, V-Ships, TMS Tankers, NAVAR, ICS, INTERMODAL, Eurobank, Aegean Baltic Bank, Ernst & Young, PwC

95% Employment rate before Graduation

Even during the Covid-19 pandemic, the placements with shipping and other companies that students typically have at the end of the taught part of the Program resulted in 95% of students finding employment before they graduated. 
The employment rates of the Program's graduates have been consistently high throughout the years. 

An indicative list of companies that employ MSc in ISFM graduates includes: 

Marmaras Navigation/Delta Tankers, Cosco Shipping Lines, DYNAMARINe, Interunity, Diana Shipping, Procureship, ICS, AlmiTankers, Fortune Software Technologies, Stealth, NAVIOS, V-Ships, Eurobank, Piraeus Bank, Aegean Baltic Bank, European Central Bank (Germany), Ernst & Young, TeoShipping Corporation, Global Trust Independent Financial Advisors (UK), Praksis, DANAOS

Scholarships & Academic Performance Awards

Tuition fee scholarships are offered to suitable candidates in the MSc program based on merit or/and social and economic criteria. Companies-foundations-institutions that have offered/are offering scholarships to the program include: Aegean Baltic Bank, Marmaras Navigation, Delta Tankers, Propondis Foundation, Chartworld, Seanergy Maritime, Harbor Lab and the MSc in ISFM through Equal Society. 

Academic excellence awards worth at least 6.000 euro are also offered to top performing students at the end of the full and part time programs, based on performance within the MSc.

MSc in ISFM has received the Equal Society award for its social contribution

Obtain a Double Masters' degree from AUEB and EDHEC Business School 

The M.Sc. in ISFM provides its graduates with the opportunity to obtain a double Masters’ Degree from AUEB and EDHEC Business School. 
M.Sc. in ISFM graduates can study for free in one of the following four EDHEC M.Sc. Programs:

EDHEC Campus in Lille:
MSc in Strategy, Organization and Consulting
MSc in Global and Sustainable Business

EDHEC Campus in Nice:
MSc in International Accounting and Finance
MSc in Corporate Finance and Banking

EDHEC is one of the top Business Schools internationally. 

Gain an international experience and a second master’s degree in the cost of one.

International Cooperations 

The Double MSc-Degree agreement with EDHEC Business School constitutes only one of the international agreements established between
the MSc in International Shipping, Finance and Management of AUEB and other International Universities.

The M.Sc. in ISFM has also established cooperations with 
the Korea Maritime and Ocean University (KMOU) and the Arab Academy of Science, Technology and Maritime Transport (AASTMT).  

All these cooperations further confirm the international standing and profile of the M.Sc. in ISFM and of
the Athens University of Economics and Business. 

Some benefits resulting from these agreements regarding the educational process itself are:
exchange of professors for lectures or seminars, exchange of educational and teaching material, co-operation in joint projects and research programmes and visits to companies, public sector organisations and international institutions.

For instance, approximately 15 students and professors from the Korea Maritime and Ocean University come to Athens every year –Covid permitting– for one month to be trained in subject areas of the MSc in ISFM. The interaction between the MSc in ISFM students and the KMOU students from South Korea enables the interaction of people from two of the great nations of world shipping, the better understanding of cultures and the creation of friendships and business contacts which are so important in the maritime industry. 

For Greek students, they don’t need to leave their country, to obtain an international study experience. 

Needless to say, having an international background in a constantly evolving business world as well as having acquired a multicultural background through the MSc studies are vital in order to be able nowadays to collaborate and work effectively in business.

Finally, universities and employers highly value experience in international environments as they search for candidates with transferable learning skills.

A CFA-affiliated Program 

The M.Sc. in ISFM  participates in the CFA (Chartered Financial Analysts) University Affiliation Program. 

The Program embeds a significant portion of the CFA®Program Candidate Body of KnowledgeTM (CBOK) into its curriculum and is officially listed among top educational programs that enjoy the CFA affiliation. 

This recognition also entitles the program to award up to two (2) CFA Student Scholarships to students or graduates each year.

An M.Sc. Program accredited by Professional Organisations

Students and graduates of the M.Sc. in ISFM are eligible for special fees and exemptions from the exams of the following Professional Organisations:

The Hellenic Shipbrokers Association (HSA)

The M.Sc. in ISFM students wishing to follow the weekly seminars of HSA are eligible for a special fee reduction.

The M.Sc. in ISFM graduates are eligible for 21 exemptions from the (34 in total) seminar examinations required to obtain the “Shipbroking Gnosis Certificate” (S.G.C.).

The Institute of Chartered Shipbrokers (ICS)

The M.Sc. in ISFM graduates are eligible for 3 exemptions from the ICS Professional Qualifying Examinations leading to ICS Membership.

Therefore, only 4 out of the 7 course unit examinations must be successfully sat in order for M.Sc. in ISFM graduates to obtain the ICS Membership.