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As with any graduate degree, undertaking a Master of Finance is a considerable investment.
Top-ranked Master of Finance programs in Europe costs around $35,000. In Asia, fees are similar. At Tsinghua University School of Economics and Management, tuition fees are around $30,000.
Comparing the United States with Europe, US Master of Finance programs tend to cost slightly more, around $60,000, although fees vary depending on the school. At London Business School, it costs around $69,000, while Oxford University Saïd Business School costs around $64,000.
Fortunately, whichever option you choose, there are resources out there that can help you pay for your Master of Finance. These scholarships are usually unique to specific schools, so be sure to check your available options once you’ve settled on your target programs.
You will normally require the following to get admitted into a Master of Finance program:
Additionally, some programs outline particular quantitative ideas that you must be familiar with to follow along in class. For instance, HEC Paris requires applicants to have prior knowledge of topics like analysis, probability, and linear algebra.
A Master of Finance application involves several steps. After choosing a program, you’ll have to respond to one or more essay questions elaborating on your decision.
Apart from test scores, there are additional requirements to study MA in Finance in France. These requirements include:
Valid Passport: You must have a valid passport for the duration of your studies in France.
Degree Certificate(s) or Current Enrollment Certificate: To apply for a Master’s program, you will need to provide either your Bachelor’s degree certificate or a current enrollment certificate if you are in the final year of your undergraduate studies.
Official Academic Transcripts: You must submit official academic transcripts from all higher education institutions you have attended, including exchange programs, if any. These transcripts should include your official Grade Point Average (GPA) or equivalent.
Résumé (CV): A comprehensive résumé highlighting your educational background, work experience, internships, research projects, and other relevant achievements should be included in your application.
Two Completed Online Reference Forms: At least one reference should be completed by a professor who can attest to your academic abilities. The online reference forms should be submitted directly by the referees.
Passport-Style Photo: You will need to provide a recent passport-style photograph for identification purposes.
Non-Refundable Application Fee: Most universities require the payment of a non-refundable application fee when submitting your application.
Statement of Purpose (SOP): A well-written Statement of Purpose explaining your motivation, goals, and reasons for pursuing a Master’s in Finance in France is typically required.
Professional Experience Certificates (if applicable): If you have any relevant professional experience, it is advisable to include certificates or documents that validate your work history.
Student Visa or Residence Permit: International students will need to obtain a student visa or a residence permit to study in France. The specific visa requirements may vary depending on your country of residence.
Bank Statement: You may be required to provide a bank statement or proof of financial means to demonstrate your ability to cover tuition fees and living expenses during your studies in France.
It is important to carefully review the specific admission requirements of the universities or programs you are interested in, as these requirements may vary. Start the application process well in advance to ensure you have sufficient time to gather all the necessary documents and meet the deadlines.
Popular graduate degree programs in business and finance include MiM (Master in Management) and MiF (Master in Finance). There are definite variations between the two programs, even though there may be some similarities in the coursework and job chances. Here is a contrast between MiM and MIF:
It is important to carefully review the specific admission requirements of the universities or programs you are interested in, as these requirements may vary. Start the application process well in advance to ensure you have sufficient time to gather all the necessary documents and meet the deadlines.
HEC Foundation Excellence Scholarship at HEC Paris
This merit-based scholarship is available to all international students who have been accepted into the Master in International Finance program at HEC Paris. It covers various expenses, including full tuition fees, living expenses, and travel expenses. This means that not only will the scholarship cover the cost of your education, but it will also provide financial support for your daily living costs and any travel expenses you may incur while studying at HEC Paris. This scholarship is a great opportunity for high-achieving international students who wish to pursue a master’s degree in finance.
Women’s High Potential Scholarship at HEC Paris
This scholarship is specifically designed to support female students who have been admitted to the Master in International Finance program at HEC Paris. It covers the full tuition fees for the program, helping to alleviate the financial burden of pursuing higher education. This scholarship recognizes the importance of gender diversity and aims to encourage more women to excel in the field of finance by providing them with financial support for their studies.
MIF GMAT-based Waiver at Amsterdam Business School
The MIF GMAT-based Waiver is a scholarship offered by Amsterdam Business School. It is granted to students who have achieved a high score on the GMAT (Graduate Management Admission Test), which is commonly required for admission into business and management programs. This scholarship covers the full tuition fees for the Master in International Finance program at Amsterdam Business School. Achieving a high GMAT score demonstrates the applicant’s aptitude for the program’s academic rigor.
CAIA (Chartered Alternative Investment Analyst) Waiver at Amsterdam Business School
The CAIA Waiver is available to students who are already CFA (Chartered Financial Analyst) Charterholders. This scholarship is offered by Amsterdam Business School and provides a €3,000 tuition fee waiver for the Master in International Finance program. The CAIA designation is recognized in the field of alternative investments, and this scholarship acknowledges the expertise and qualifications of students who have achieved this certification.
Employed within 3 months of graduation
Avg. Salary
Investment Banking
Corporate Finance
Asset Management
Financial Consulting
Financial Analysis
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Univeristy | Details | Suggested |
MIT Sloan School of Management | Master of Finance Duration: 12 – 18 months Format: Full-time Avg. Working Experience: Preferable* Location: Cambridge, Massachusetts | MIT Sloan MiF |
NUS Business School | MSc in Finance Duration: 16 months Format: Full-time Location: Singapore | NUS Business School MiF |
Frankfurt School of Finance and Management | Master of Finance Duration: 24 months Format: Full-time Location: Frankfurt, Germany | Frankfurt School of Finance and Management MIF |
University of Marburg | Master in Quantitative Accounting and Finance Duration: 24 months Format: Full-time Location: Mainz, Germany | Univ of Marburg MiF |
HEC Paris | MSc in Financial Analysis Duration: 12 – 16 months/22 months Format: Full-time/Part-time Avg. Working Experience: 0 – 2 years* Location: Paris, France | |
EDHEC Business School | MSc in Finance Duration: 12 months Format: Full-time Location: Croix, France | |
Smith School of Business | Master of Finance Duration: 12 months Format: Full-time Avg. Working Experience: 2 years* Location: Kingston, Ontario | Smith Business School MiF |
Rotman School of Management | Master of Finance
| Rotman School of Management MiF |
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We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
Step 1
GMAT / GRE Score
2-3 months.
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.Â
Step 2
Profile Evaluation
 1-2 weeks.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
Step 3
Application Prep
3-4 weeks at least.Â
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
Step 4
Interview Prep
1 week
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
The Master in International Finance program is a specialized graduate program that focuses on equipping students with advanced knowledge and skills in the field of finance, particularly with an international perspective. It covers topics such as financial markets, investment management, risk management, corporate finance, and more.
MiF graduates have a range of career opportunities in various sectors of the finance industry. These include roles in investment banking, asset management, financial consulting, corporate finance, risk management, and more. Graduates are equipped with the skills to work in both domestic and international financial markets.
You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).
Pursuing a MiF program can provide graduates with a deeper understanding of finance, a global perspective on financial markets, and enhanced career prospects in the finance industry. The program often offers networking opportunities with industry professionals and access to resources that can facilitate career advancement.
Many MiF programs offer a range of elective courses that allow students to specialize in areas such as investment management, corporate finance, financial analysis, and more. This can help tailor the program to your career goals.
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