Avg. Cost of Study
The MSc in Finance is a full-time, two-year programme (one year of classes and one year for the dissertation) that provides a highly advanced qualification in the finance field. It is designed for students who intend to pursue a career in the financial services industry or in the field of corporate finance.
This programme gives you a strong background in the theoretical underpinnings of finance while offering intensive applied training aimed at developing skills for active interaction in the finance world.
There are several reasons why you might want to study the MSc in Finance at ISCTE Business School:
Avg. Cost of Tuition
Avg. Living Cost/Quarter
The living expenses for the MSc in Finance at ISCTE Business School vary depending on your lifestyle and spending habits. However, as a general guide, you can expect to spend around €1,000 per month on accommodation, food, transportation, and other expenses.
The average rent for a one-bedroom apartment in Lisbon is around €600 per month. However, you can find cheaper or more expensive apartments depending on the location and amenities. There are also a number of student residences available, which offer more affordable accommodation.
The cost of food in Lisbon is relatively reasonable. You can expect to spend around €200-€300 per month on groceries and eating out. There are a number of budget-friendly restaurants and cafes available, as well as a number of supermarkets where you can buy groceries at a discounted price.
The public transportation system in Lisbon is very efficient and affordable. You can purchase a monthly pass for around €30, which gives you unlimited access to the buses, metro, and trams. You can also get around by bike or on foot, which is a great way to save money and get some exercise.
Other expenses that you may need to factor in include utilities, internet, phone, and entertainment. Utilities typically cost around €50-€100 per month, while internet and phone bills are usually around €20-€30 per month. Entertainment costs can vary depending on your interests, but you can expect to spend around €100-€200 per month on things like going out to eat, going to the movies, and attending concerts.
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The following documents must be uploaded into the online application form:
Candidates still concluding their undergraduate degree must also add:
1st Round: 19 December 2022 – 16 January 2023
2nd Round: 17 January 2023 – 13 February 2023
3rd Round: 14 February 2023 – 03 April 2023
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Students who are enrolled in one of the Bachelor’s or Master’s courses in Management or Economics are considered eligible for the awarding of the Rodrigo Guimarães Scholarship.
A protocol was recently signed between Iscte and the Rodrigo Guimarães Institute to the attribution of “Rodrigo Guimardes Scholarships” which aims to support students with special characteristics of initiative, motivation and commitment in obtaining tools that allow them to have a positive intervention in Portuguese society and cumulatively in conditions of proven economic need, as indicated in regulation article 2.º, 6.th and 8th.
The Rodrigo Guimarães Scholarship includes the value of annual fees, food, transport and additional aid for a travel scholarship, if you are a displaced student.
The Scholarship is an annual cash benefit to share the cost of attending a course or carrying out a mandatory professional internship, awarded on a non-refundable basis and in the respective academic year, whenever the student does not have a adequate financial resources.
The Scholarship is valid for one academic year, it must be renewed every year and the amount varies, as it depends on the household’s income.
More information at DGES SCHOLARSHIPS
ADT – Duarte Tarré Association, founded by Manuel Tarré and family, opens the scholarship application phase annually.
Iscte was one of the universities contacted by the Duarte Tarré Association to award merit scholarships to students who meet the requirements.
You can find the Duarte Tarré scholarships’ regulation here. (only available in Portuguese)
For more information about the application process and requirements click here! (only available in Portuguese)
The Master of Science in Finance (MSc in Finance) at Iscte Business School is a two-year program that offers two specializations:
The Financial Markets specialization focuses on the theoretical and practical aspects of financial markets, including:
The Corporate Finance specialization focuses on the financial management of corporations, including:
In addition to the core courses required for the specialization, students in the MSc in Finance program can choose from a wide range of electives in both finance and related fields. Some popular electives include:
Students can use their electives to further specialize in their chosen area of finance, or to explore other areas of interest.
Here is a list of all the electives offered in the MSc in Finance program at Iscte Business School:
Students can choose up to four electives in their second year of study.
Graduates of the MSc in Finance program are highly sought-after by employers in the financial services industry. Graduates typically find jobs in corporate finance, investment banking, asset management, and risk management. Some graduates also go on to pursue careers in academia or research.
The MSc in Finance program is taught entirely in English.
ISCTE Business School offers a variety of financial aid options to students, including scholarships, grants, and loans. For more information, please visit the school’s website.
The MSc in Finance is open to applicants with a bachelor’s degree in a relevant field, such as finance, economics, business administration, or mathematics. Applicants should have a strong academic record and a good understanding of quantitative methods.
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
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3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.