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Ameer Khatri MBA Consultant


October 10, 2023




Avg. Age

2 Yrs.

Avg. Exp.


Class Size


Months Duration

Table of Contents

What is a good GMAT score for ESADE MIF?

Short Answer – The average GMAT score at ESADE is 670 for the last entering class. If you score above 670, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 


Average Employment Salary after ESADE MIF?

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


Employed within 3 months of graduation


Avg. Salary











€ 36,000 

Tuition Fee

€ 14,400

Living Cost


Cost of Attendance

Tuition Fees & Scholarship at ESADE

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

Quick Overview & Rankings


FT Rankings



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ESADE Application Essays

  • What makes you YOU?

  • Which country/culture do you consider the most different from your own? Why? If you were sent there, how would you adapt? How would you help somebody from that country to adapt to your own?

  • Are there any attributes and competencies you consider crucial to succeed when dealing with diversity in the corporate world? Are those different to the ones you would use in your personal life?

  • Share with us the most amazing experience you have had far away from your comfort zone? And the most shocking one? And the worst?

  • Why do you think ESADE’s MSc Programs in Management are a good fit for you?

  • Describe your mid-term and long-term visions for your post-MSc Program in Management career path. What is it about ESADE you think will help you reach your goals?

  • Please, provide any additional information that you would like to bring to the attention of the Admissions Committee. This may include gaps in employment, your undergraduate record, plans to retake the GMAT or any other relevant information. (max 3 000 characters)

ESADE Recommendation Ques.

  • How long have you known the candidate? In which context? (No word limit)
  • What do you consider to be the candidate’s most noteworthy qualities? (No word limit)
  • What are the areas in which you believe the candidate needs to improve? (No word limit)
  • Please comment on the candidate’s potential for management. Describe an occasion in which you observed the candidate in a leadership role. (No word limit)

Application Process & timeline

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. 

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. 

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.

FAQs about 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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