News institutionnelles
Press release by the Ministry of Finance
On June 18, 2025, Mr. Gilles Roth, Minister of Finance, officially signed an endowment agreement with representatives of McGill University, the Luxembourg Bankers’ Association (ABBL), and the Association of the Luxembourg Fund Industry (ALFI). This agreement marks the launch of a strategic partnership aimed at establishing McGill University’s very first Master of Management in Finance programme in Europe—right here in Luxembourg.
Globally recognised for its excellence in teaching and research, McGill University ranks among the most prestigious academic institutions worldwide. The establishment of its Master of Management in Finance 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 a common goal of strengthening the attractiveness of Luxembourg’s financial centre. It presents a unique opportunity to train a new generation of highly qualified professionals locally, in direct alignment with the needs of the financial sector.
A strategic academic partnership to strengthen Luxembourg’s financial and educational leadership
This partnership reflects Luxembourg’s 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 Chamber of Commerce, which provides the facilities of its Training Centre. McGill University will also be represented there with an office dedicated to the management and organisation of this programme.
Minister Roth highlights: “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 center 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, declares: "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, reaffirms: “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.”
