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Ameer Khatri MBA Consultant

Vlerick Business School MIFM

07/10/2023

650-700

Avg. GMAT

1-2

Semesters

€21,100

Avg. Cost of Study

10

Months Duration 

€

Avg. Salary

Summary

Introduction to MIFM at Vlerick

The Master in International Finance and Accounting Management (MIFM) program at Vlerick Business School is a cutting-edge educational experience designed to equip students with the knowledge and skills needed to excel in the dynamic world of international finance and accounting. This program blends rigorous academic training with practical insights, offering a comprehensive understanding of financial markets, accounting principles, and international business practices.

Throughout the program, students engage in hands-on learning, collaborate on projects with leading companies, and have access to Vlerick’s extensive network of alumni and corporate partners. This holistic approach ensures that graduates not only master the technical aspects of finance and accounting but also develop critical leadership and communication skills.

Why Study MIFM at Vlerick?

25

FT Rankings

  • Study in Brussels, a top European financial hub and home to the European headquarters of some of the world’s most influential companies. It’s the perfect place to meet people and organisations – and establish a worldwide network.
  • Deepen your knowledge of all areas of financial management and learn to apply it as a well-rounded financial manager. 
  • Learn from dynamic, internationally-renowned faculty who combine academic excellence with wide-ranging industry experience. 
  • Be part of a highly international student body and grab the opportunity to network with alumni in fields such as banking and consulting. 
  • Expand your horizons on international trips to London and Amsterdam with visits to top financial institutions such as Bloomberg, JP Morgan, ABN Amro and Standard & Poor’s during these international trips.  
  • Enhance your learning journey by going on a short-term exchange abroad during your programme to one of our partner business schools (EDHEC Business School, Frankfurt School of Finance and Management, Nova School of Business and Economics, Polimi Graduate School of Management, Skema Business School and Stockholm School of Economics).
  • Give your career an extra boost by choosing to complete a Vlerick Certificate in Strategy Consulting.

Curious to find out what it means to study at Vlerick? Discover what it’s like to study in Belgium – and get practical information on how to organise your stay.

Program Costs + Living Expenses : MIFM at Vlerick

 €21,100

Avg. Cost of Tuition

+ 

$14,000

Avg. Living Cost/Quarter

35,100

Avg. Cost of Study

The cost of the programme is approximately  €21,100 for full-time. 

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.

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 $14,000. 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 : MIFM at Vlerick

98%

Employed within 3 months of graduation

130K

Avg. Salary

    Most Sought-after Jobs

Investment manager.

Change management engineer

Fashion retail project manager

Capital markets analyst

Consultant

Mergers and acquisitions (M&A)

Take a look at the career prospects for the Masters in Financial Management graduates:

    • Banking, investment banking and financial services in London, Brussels or Amsterdam
    • A broad range of companies as a controller, finance manager, business developer and future CFO
    • Venture capital and private equity firms
    • Strategy consulting firms
    • Audit and financial advisory firms
    • Mergers and acquisitions

Eligibility Criteria for MIFM at Vlerick

What you need: 

  • Candidates studying in Belgium need a Masters degree from a recognised institution  
  • Candidates from outside Belgium can apply with a Masters degree or a 3 to 4-year Bachelor degree from a recognised institution (there may be additional requirements too)

Masters programmes are designed for young graduates, with an average age of 23 and little-to-no professional experience. If you have questions about your eligibility, please contact our admissions team. 

Documents required : MIFM at Vlerick

  • 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 - MIFM at Vlerick

DateApplication Status
  
  
 

 

 

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Application Essays - MIFM at Vlerick

DateApplication Status
  
  
 

 

 

Scholarships Available : MIFM at Vlerick

    • Academic Merit Scholarship: Provide us with proof of your excellent academic track record and get a scholarship of up to 50%. To qualify for this scholarship:
        • You need study results equal to great or greatest distinction at Bachelors level for Belgian degrees or study results within top 20% of class at Bachelors level for non-Belgian degrees.

          OR
        • You need to have obtained outstanding GMAT (> 700) or GRE (> 164 quantitative and > 163 verbal) scores.  
    • Science Talent Scholarship (Exact sciences, Technology, Engineering): Are you a candidate with an outstanding academic record in the field of STEM who shows leadership potential? If so – and if you pass the admissions test with a great overall performance – you might get a scholarship of up to 50% of the tuition fee. We thank the Martine & Philippe Van den Poel-Haspeslagh Fund and the Marion Debruyne Fund for sponsoring two full scholarships in this category. Applicants who fit the criteria will automatically be considered for this full scholarship.
    • Women in Finance Scholarship: Are you a woman with an outstanding academic record who shows leadership potential and a passion for finance? If so, and if you pass our admissions test with a great overall performance, you might get a scholarship of up to 50% of the tuition fee.
    • Equal Opportunity Scholarship: We value social diversity and we encourage individual commitment. For this partial scholarship, of up to 50%, you need to either represent diversity (e.g., belong to a minority group or an underprivileged community) or actively promote diversity and inclusion, by engaging in long-term initiatives that have a clear social impact. We thank alumnus Jan Toye for sponsoring a full scholarship in this category. Applicants who fit the criteria will be automatically considered for this full scholarship.
    • Financial Need Scholarship: This scholarship can be combined with other scholarships. To apply, you will need a realistic financial plan and proof of financial need (e.g. through previous scholarships or grants). The scholarship allocation and amount are decided on a case-by-case basis. We thank Duvel Moortgat, MGM1990 alumni, and MGM1992 alumni for each sponsoring a full scholarship and 3d Investors for sponsoring three full scholarships in this category. Applicants who fit the criteria will automatically be considered for this full scholarship.

Specializations & Electives Offered

MS&E 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 MIFM

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).

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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