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Esade Master in Finance: Detailed Overview

Table of Content

Introduction to MIF at Esade

Guided by internationally renowned faculty members, you’ll master essential tools and concepts, and learn to harness the power of cutting-edge technology and data-analysis techniques. You’ll develop core skills that empower you to add value anywhere in the financial sector. And you’ll join one of the world’s best business schools, building a network of contacts on every continent.  

The MSc in Finance program is a platform to launch your career. In this master of science you’ll gain a broad overview of international capital markets and select a specialist track to study in-depth.

When you graduate, you’ll be more prepared, better connected, and completely ready to pursue your goals. Whether you want to work in a corporate finance department, banking, asset management, consulting, fintech or even found your own financial startup, the Esade Master in Finance is your first crucial step.

670

Avg. GMAT

23

Avg. Age

2 Yrs.

Avg. Exp.

170

Class Size

12 

Months Duration

Quick Overview and Rankings

18

FT Rankings

15

QS Top MBA

Tuition Fees & Scholarship at ESADE

€ 36,000 

Tuition Fee

€ 14,400

Living Cost

50,400

Avg. Cost of Study

The Tuition fee for ESADE MIF is € 36,000 and an additional  € 14,400 in living costs. 

For many years now, ESADE has been committed to enabling the most talented international students to pursue their studies within their elite business school. There are various scholarships for students such as Colfuturo, SEAT S.A., Amplifon, etc.

Important Scholarships

Average Employment Salary after ESADE MIF

96%

Employed within 3 months of graduation

55,997

Avg. Salary

36%

Consulting

49.33% 

Finance

5.33%

Technology

9.33% 

others

The average salary at ESADE for the last graduating class was €55,997. 96% of the class was employed within 3 months of graduation with the majority of class going into consulting (36%), Finance (49.33%) and technology (5.33%) oriented functional roles. 

The ESADE MSc in Finance program is a comprehensive learning experience designed especially for graduates who want to develop their skill sets and basic knowledge in the field of finance. It is considered to be the best MSc in finance program around the globe with an opportunity to receive mentorship from the internationally acclaimed faculty members. The duration of this program is one academic year.

Key Employers

Eligibility Criteria for MIF at Esade

This program is aimed at students who have undergraduate degrees in business administration, economics or other purely technical degrees. In exceptional circumstances, we may consider students with other degrees if the admissions committee considers their curricula adequate. If you do not have an academic background in business management or economics you would be required to enrol in the Pre-Program in Finance (PPF).

Proficiency in English is a must. The following English-language level tests are accepted with minimum scores as follows (valid only for two years):

  • TOEFL IBT: 100 (ESADE’s code is 0507) ** TOEFL iBT Special Home Edition test accepted.
  • IELTS: 7.0+ ** IELTS Indicator online test accepted
  • Certificate in Advanced English: B+
  • Certificate of Proficiency in English: C+
  • PTE Academic: 68+

Documents required : MIF at Esade

After submitting your application, you will need to upload the following documents in the student portal:
 
A) Bachelor Transcripts: during the application process scanned copies from your Bachelor Transcripts will be accepted. This document must be issued in the original language. Any documents which are not in Catalan, Spanish, or English must be submitted with an official translation into one of these languages.
 
B) Bachelor Degree: one of the basic prerequisites for applying for the MSc programs is an undergraduate degree equivalent to a bachelor’s degree. You must submit a copy of your diploma (if the degree granted is not shown on the transcripts). This document must be issued in the original language. Any documents which are not in Catalan, Spanish, or English must be submitted with an official translation into one of these languages.
 
C) GRE/GMAT Unofficial Scores: upload the unofficial scores into the student portal and ask the GMAT/GRE organization to send your official scores to Esade, using the following codes:

  • Esade’s GRE code is 5761
  • Esade’s GMAT codes are:
  • Esade’s GMAT code for the Master in Business Analytics is: 93M-3K-26
  • Esade’s GMAT code for the Master in Finance is: 93M-3K-22
  • Esade’s GMAT code for the Master in Innovation and Entrepreneurship is: 93M-3K-14
  • Esade’s GMAT code for the Master in International Management is: 93M-3K-62
  • Esade’s GMAT code for the Master in Marketing Management is: 93M-3K-80
  • Esade’s GMAT code for the Master in Sustainability Management is: 93M-3K-69

 
Esade will accept GMAT™ Test and GMAT™ Focus Edition, as well as the GRE’s test scores taken within the last five years. We also accept the GRE® General Test at Home. Over the last years, our class average GMAT score tends to be around 660, or 615 under the Focus edition. This equates to a performance in the 75% percentile tables published by GMAC.

D) Esade Admissions Test: we are also offering the option to take the online Esade Admissions Test. Please contact the Admissions Office for more information.

E) English Test Scores

All participants must have substantial knowledge of English: native English speaker or minimum score of TOEFL (IBT 100), IELTS (7.0, Academic test), Cambridge (Certificate in Advanced English: B+ or Certificate of Proficiency in English: C+) or Academic Pearson (68).

Esade will accept English Certificates taken within the last two years. Esade only accepts official TOEFL scores send directly to Esade from ETS. Our institution code is 0507. Cambridge and IELTS certificates are also accepted and must be originals or certified true copies. ** TOEFL iBT Special Home Edition test and IELTS Indicator online test are accepted.

If you are a native English speaker or you have completed your bachelor’s degree in English, you may be exempt from the English requirement. If your bachelor’s degree was taught entirely in English (+ 120ECTS), please send us a certificate from your university (i.e., diploma supplement) stating the language of instruction.

 

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FAQs about MIF at Esade

They are taught entirely in English.

The GMAT and GRE are admissions tests. You may prepare for them at any certified GMAT or GRE centre near you by taking one of their preparatory courses. Some students choose to download material from the internet and take the exam without further guidance.

  • The average GMAT is 670 (total score) for the Master in Finance and CEMS MIM.
  • The average GRE is 160/162 for the verbal and quantitative sections for all program.

Yes. One can apply for academic merit and need-based grants. ESADE also organises an annual business plan competition with grants for these programs as awards.

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