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Shanghai Advanced Institute Of Finance MIF







Avg. Cost of Study


Months Duration 


Avg. Salary


Introduction to MIF at SAIF

The Master of Finance (MF) program at the Shanghai Advanced Institute of Finance (SAIF) is a prestigious and highly regarded graduate program tailored for individuals seeking to advance their careers in finance. Located within the world-renowned Shanghai Jiao Tong University, SAIF offers a cutting-edge curriculum that combines rigorous academic training with practical industry insights, preparing students for leadership roles in the global financial sector.

SAIF’s MF program covers a wide range of finance-related disciplines, including financial management, investment analysis, risk management, and financial modeling. What sets SAIF apart is its exceptional faculty, comprised of accomplished academics and industry experts who bring real-world perspectives to the classroom. The program’s emphasis on quantitative skills and innovative financial technologies equips students with the analytical tools needed to excel in today’s complex financial landscape.

Why Study MIF at SAIF?


FT Rankings

Studying the Master in International Finance (MIF) program at the Shanghai Advanced Institute of Finance (SAIF) offers numerous compelling reasons:

  • Global Recognition: SAIF is globally renowned for its expertise in finance education. The MIF program benefits from SAIF’s strong reputation and connections in the financial industry, ensuring that graduates are highly regarded by employers worldwide.
  • Expert Faculty: SAIF boasts a faculty of distinguished professors and industry practitioners who are leaders in their fields. Students have the opportunity to learn from these experts, gaining insights from both academic and real-world perspectives.
  • Cutting-Edge Curriculum: The MIF program at SAIF is designed to keep students abreast of the latest trends and innovations in international finance. It covers a broad spectrum of finance topics, including financial markets, risk management, asset pricing, and quantitative techniques.
  • Practical Focus: SAIF places a strong emphasis on practical skills and industry relevance. Students benefit from hands-on experience through case studies, simulations, and internship opportunities, ensuring they are well-prepared for the demands of the finance profession.

Program Costs + Living Expenses : MIF at SAIF

¥ 188,000

Avg. Cost of Tuition/Quarter


¥ 120,000

Avg. Living Cost/Quarter


Avg. Cost of Study

The cost of the SAIF MIF programme is approximately ¥ 308,000.

Fees: In addition to paying tuition, students must also pay fees. These fees pay for a range of costs, including student government dues, technology fees, and health insurance for students. Fees are ¥ 188,000 for full-time students.

Living costs: Living costs change based on the lifestyle and housing preferences of the student. For a single student living on campus, however, a conservative estimate of living costs is ¥ 120,000 each year. Housing, food, transportation, personal, and health insurance costs are included in this.

Supplies and books: The price of books Depending on the student’s course load and academic interests, the cost of books and supplies may vary. However, $500 each quarter is a fair estimate for books and supplies.

Transit: Depending on the student’s commute requirements and available transit options, the cost of transportation varies. However, $200 each quarter is a fair estimate for transportation.

Additional costs: Additional costs could include things like entertainment, travel, and presents. Depending on the student’s particular spending habits, the price of these expenses may vary.

Employement Prospects : MIF at SAIF


Employed within 3 months of graduation


Avg. Salary

    Most Sought-after Jobs

Investment manager.

Change management engineer

Fashion retail project manager

Capital markets analyst


Mergers and acquisitions (M&A)

  • Global Recognition: SAIF’s MIF program is internationally recognized, which enhances the employability of its graduates both within China and on the global stage. Employers in the finance industry often value graduates from reputable institutions like SAIF.
  • Shanghai’s Financial Hub: Shanghai is one of Asia’s major financial centers, home to numerous multinational corporations, banks, and financial institutions. SAIF’s proximity to this financial hub provides students with a significant advantage in terms of networking and accessing job opportunities.
  • Industry Connections: SAIF has strong connections with the financial industry, which can lead to internship opportunities, guest lectures by industry experts, and job placements for students. Many graduates secure positions in investment banking, asset management, risk management, and other finance-related roles.
  • International Opportunities: SAIF’s commitment to internationalization means that graduates have the skills and knowledge to pursue careers in finance not only in China but also in other global financial centers. The program’s international partnerships and diverse student body provide exposure to different markets and practices.

Eligibility Criteria for MIF at SAIF

Academic Qualifications:

  • A bachelor’s degree from an accredited college is required of all students.

Student Eligibility for Indians:

Students can opt to apply to either General Track or FinTech Track. Applicants from all major backgrounds are welcome to apply. Students must hold a Bachelor’s degree before program enrollment.

General Track
Successful candidates are expected to possess a solid understanding of their major fields and a good command of finance knowledge. Some training in science, engineering, and math will be a plus. Applicants enjoy a wide range of interest in finance or financial services as their future career goals, such as IB, PE/VC, consulting, etc.

FinTech Track
Successful candidates should demonstrate substantial knowledge in math and statistics, a good command of programming language(s), and some knowledge of computer science. Candidates are likely to be more interested in working in a FinTech company or FinTech-related business after graduation.

Documents required : MIF at SAIF

  • Online Application: Students have to submit an online application form at the official website.
  • Application Fee: Students need to submit their application fees.
  • Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • 3 Letters of Recommendation: Three letters of recommendation are required; one letter must come from an academic source, although Stanford prefers at least two. Recommendations must be submitted online. 
  • Official GRE Test Scores: Students have to submit their GRE Test Scores.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Application Deadlines - MIF at SAIF

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Scholarships Available : MIF at SAIF

    1. Merit-Based Scholarships: These scholarships are typically awarded to students with outstanding academic records or achievements. They recognize academic excellence and may cover a portion of tuition or related expenses.

    2. Financial Need-Based Scholarships: SAIF may offer scholarships to students who can demonstrate financial need. Applicants often need to provide detailed financial information as part of the application process.

    3. Diversity Scholarships: Some scholarships may be awarded to students from underrepresented backgrounds, both in terms of nationality and academic or professional experiences. These scholarships aim to promote diversity and inclusivity within the program.

    4. Alumni Scholarships: SAIF alumni may establish scholarships to support current students. These scholarships often come with specific eligibility criteria and may be based on factors like leadership potential or career aspirations.

    5. Research Scholarships: If SAIF offers research-focused scholarships, they may be awarded to students with a strong interest in research and a proven track record of academic excellence in this area.

Specializations & Electives Offered

Master’s students complete breadth as well as depth. All are required to develop competence in optimisation and analytics, organisations and decisions, and probability.  In addition, every student pursues a speciality in one of seven areas:

  1. Financial Analytics
  2. Operations and Analytics
  3. Technology and Engineering Management
  4. Computational Social Science
  5. Decision and Risk Analysis
  6. Energy and Environment
  7. Health Systems Modeling

To know in depth about the curriculum and pre-requisites click here.

FAQs About MIF

You are eligible to apply if you have earned a Bachelor of Science in a similar science discipline, but you may be at a disadvantage compared to engineering majors who have applied. Please thoroughly review the requirements of the program in the MSME Graduate Handbook to help you decide if you are prepared for our program.

 Yes. Students with a BS degree are eligible to apply to the PhD program.

You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).

Students who have already received a Master’s degree or an equivalent international advanced degree in Mechanical Engineering or a closely related discipline are not eligible for admission to Stanford’s MS program in Mechanical Engineering. Students with a Master’s degree in a discipline that does not substantially overlap with Stanford’s MS program may apply.

Students who are already enrolled in a program leading to a Master’s degree or an equivalent international advanced degree in Mechanical Engineering or a closely related discipline are not eligible for admission to Stanford’s MS program in Mechanical Engineering.

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.

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