MASTER IN

FINANCE

FINANCE, ECONOMICS & TRADE

Today’s financial
sector demands sharp,
mathematical minds
which have a strong grasp
on our current financial
reality. This future-forward
program will prepare you
for the ever-changing
world of finance, as you
dive into FinTech and
explore the latest trends in
the industry. Are you ready
to stand out from the rest?
 ABOUT THE
8 th
PROGRAM
Worldwide
Your program overview

Mode of Study Full-time

Part-time
2021
Format In-person
Blended

11 th Intake

Duration
September & April
September

1 Year
Worldwide
22 Months

Language English

Location Madrid
Madrid & Online

2022

This customizable program concentrates on

the most important aspects of the current

5 th financial situation, including emerging

tech. Through an exploration of investment
banking, corporate finance and private
equity—while also gaining insights into
For getting an
the realities of modern markets—you will
investment
graduate with a broad understanding of
banking job
today’s financial context.

2019
For those who
wish to become...
WHO IS THIS
PROGRAM FOR?
Chief
The perfect fit
Financial
Officer (CFO)
Financial The Master in Finance is for ambitious
innovators who thrive in challenging
Analyst
environments. Participants must have a
Financial passion for finance and a natural ability
to work with numbers and calculations.
Manager
These students are curious about the latest
Financial financial trends, and ready to explore their
untapped potential before they go on to
Advisor
disrupt the industry.
Accountant
Actuary
Investment
Banker
WHY CHOOSE
THIS PROGRAM?
Reasons you should join
01
Learn from sector-
leading faculty
This program is led by pioneers in
investment banking, private equity
and capital markets. Thanks to their
accumulated experience in the
sector, they constantly update the
curriculum to keep up with the latest
developments in the industry.
Alexander Bergmüller, Luxembourg
02
Study your way
Take control of your learning with
both part-time and full-time study
options. Whether you’re looking for a
fast-paced master’s experience with
a five-days-a-week commitment or a
more flexible option that allows you to
study while you work, we’ve got you
covered. Whichever way you choose,
you’ll reap the same academic benefits
and unlock the door to the next stage
of your professional journey.
In the program, I gained
valuable skills such as
leadership, teamwork,
communication and
presentation skills, as well
as a deeper understanding
of how businesses and the
economy work.”
 03
Benefit from
hands-on learning
The program’s practical methodology
will prime you to thrive in the
professional world of tomorrow. For
example, the Trading Room will train
you to make virtual investments with
internet-based simulators, and you’ll
learn how to program in FinTech,
Python, MATLAB and Visual Basic.
05
Experience
innovative
companies across
the globe
Throughout the Master in Finance,
you’ll have the chance to participate
in life-enriching experiences in New
York, London and Frankfurt. During
these trips, you’ll network with
leading investors, and you’ll have
the opportunity to collaborate with
NGO finance professionals during
the “Financiers Without Borders”
microfinance project in Ghana.
04
Join a motivational,
diverse community
Get inspired by the program’s
international network of professors
and fellow participants. And this
doesn’t stop after graduation—you’ll
benefit from lifelong access to a global
network of 66,000 ambitious alumni.
06
Shape your own
experience
Your professional journey is completely
unique, so your program should be
too. You can choose from four different
tracks and seven modules to tailor your
program to your career goals.
Each of the four tracks opens the door
to career-boosting specializations:
1. Investment Banking & Private Equity
2. Global Markets & Asset Management
3. Alternative Investments
4. Finance Analytics & Fintech
The seven modules are linked to
specific career paths, and provide
students with some guidance about
which electives to choose according to
their desired roles.
“The Master in Finance
equipped me with the
required technical skills,
but more importantly,
taught me the importance
of the strategic side of
private equity.

Marvin Müller, Germany

Get inspired by our students. Click here for more stories

PROGRAM
STRUCTURE
Your learning journey

FULL-TIME

C
Pre-program
and launch
This two-week, in-person period is
designed to give participants an
overview of fundamental technical
finance knowledge, as well as a
profound understanding of investment
banking and capital markets. The
pre-program also helps participants
brush up on their CV- and cover-letter
creation skills, as well as briefing them
on the essentials of valuation, markets,
financial accounting and economics.

P
Core periods
The two core periods provide
participants with an increasingly
advanced understanding of the
fundamentals of finance. The modules
are divided into three areas: 1)
Corporate Finance; 2) Global Markets;
and 3) Other Fundamentals of Finance.
The second core period also presents
participants with the opportunity to
gain insight into the financial world
through trips to New York, London and
Ghana.
Final Elective Period
Tailor the Master in Finance to suit
15%
increase in the
your career goals. With one of the employment of financial
largest academic offerings on the managers by the end of
market, students can choose from the decade.
four specialization tracks: Investment
US Bureau of Labor Statistics
Finance & Private Equity, Global
Markets & Asset Management,
Alternative Investments, and Finance
Analytics & Fintech, allowing you to

F
graduate with an entirely unique
professional profile.

+
Maximilian Czymoch, Germany
A Dual Degree Master in
Management + Master in Finance
alum, in 2014 during his trip to Ghana.

Add-ons
Our program add-ons comprise a
selection of diverse opportunities
to forge key connections while
gaining practical experience in real-
world situations. Whether talks and
conferences, exchange programs
with top institutions, a microfinance
project in Ghana or other eye-opening
trips to global financial centers, these
add-ons are springboards to a lifetime
of career success.
50%
The E7’s domestic banking
assets are projected to be
approximately 50% greater
than those in the G7 by 2050.
PricewaterhouseCoopers

FULL-TIME
STRUCTURE
Pre-program 1 month Madrid Pre-program + launch

Core Period FIRST PERIOD

5 months Madrid

SECOND PERIOD

3 months Madrid

Optional 1 week Global OPTIONAL TRIPS:

Ghana, London,
experience week New York
SHORT EXCHANGES:
Frankfurt

Elective period 2 months Madrid ▶ Electives period

▶ Final exam
▶ Graduation week
PROGRAM Core periods
STRUCTURE The two core periods provide
participants with an increasingly
advanced understanding of the
Your learning journey fundamentals of finance. The modules
are divided into three areas: 1)
Corporate Finance; 2) Global Markets;

P
and 3) Other Fundamentals of Finance.

PART-TIME The second core period also presents

participants with the opportunity to
gain insight into the financial world
through trips to New York, London and
Ghana.
In the third period, the specialization
period, students can tailor the program
to suit their career goals through two
different tracks, each opening the door
to career-boosting specializations:
1. Investment Banking & Private Equity
2. Global Markets & Asset Management

C
Pre-program
and launch
This initial introductory period is
held online. During this module,
participants will explore the
foundations of a series of topics
including fundamental technical
finance knowledge, quantitative
methods and capital markets.
A
Add-ons
Our program add-ons comprise a
selection of diverse opportunities
to forge key connections while
gaining practical experience in real-
world situations. Whether talks and
conferences, exchange programs
with top institutions, a microfinance
project in Ghana or other eye-opening
trips to global financial centers, these
add-ons are springboards to a lifetime

+
of career success.

Additional
optional courses
Tailor the Master in Finance Part-
time to suit your career goals. With
our unique Liquid Learning model,
students are able to take the electives
offered within the Master in Finance
full-time program, which take place
during the week.

40%
of companies
describing themselves
as extensive adopters
of automation and AI
expect to shift tasks
currently performed
by high-skill workers
to lower-skill ones.
McKinsey
PART-TIME
STRUCTURE
Pre-program 1 week Online Pre-program + launch

Core Period FIRST PERIOD ▶ Opening week

10 months Madrid ▶ Distance learning
+ online module

SECOND PERIOD ▶ Residential period

8 months Frankfurt ▶ Distance learning
+ online module

SPECIALIZATION PERIOD
▶ Distance learning
4 months Online module

Optional 1 week Global OPTIONAL INTERNATIONAL

FINANCE EXPERIENCE:
experience week + Madrid
Ghana, London,
New York

Graduation and 1 week Madrid Closing + graduation

closing period week

Read more about our program. Find out more

STUDENT PROFILE
Your future network

This program is for high-potential

professionals who are looking to make
their mark in today’s competitive
financial industry. Participants typically
come from the investment banking,
asset management, consulting, and
finance and accounting sectors.

Full-time Professional backgrounds:

format ▶ Banking
▶ Investment banking
▶ International financial
institutions
▶ Management consulting
▶ Global asset management
▶ Investment management
▶ Investment firm
▶ Financial services

24 0–2 80%
years old is the average years of students come
average age of of work experience. from business,
students in this economics and
program. finance fields.
Part-time Industry backgrounds:

format ▶ Banking
▶ Investment banking
▶ International financial

10+
institutions
▶ Management consulting
nationalities ▶ Private equity firms
represented on average
in the classroom.

27–35 0–10 2–3

years old is the average years languages spoken
average age of of work experience. on average per
students in this student.
program.

Firstly, it was definitely the practicality

of the program, and the real-life
applications taught by professors who
work in finance themselves. It made
a real difference early on in my career
when I was competing with other
graduates for an offer. Secondly, it was
also the network of these professors,
who are all impressive professionals in
their own right, and classmates, who will
Anna Baráth, Hungary soon become the leaders of tomorrow.”

Discover where the Master in Finance

Read the career report
journey can take you.
ADMISSIONS
PROCESS
& FINANCIAL
AID
The IE University admissions Who you are
process is simple yet Students across
rigorous—and carried out all program areas
share common traits
entirely online. that we look out
for. We particularly
value dedicated and
talented individuals
While the particulars may change who come from
diverse backgrounds
depending on your chosen program, it and possess a global
always follows a similar format, which mindset.
you can discover below. With our Alongside your strong
rolling admissions process, there’s no interpersonal skills and
application deadline. But spaces are innovative outlook,
limited so we recommend that you apply you thrive under an
intensive academic
as soon as possible. workload, considering
it an opportunity to
share new experiences
The first steps and create unique
approaches to
problem-solving.
Before you embark on your personal
learning journey, there are five
preliminary steps you need to take.
01
Online
Application Form
Complete the online
application form and
upload the documents
required by your
program.
04
English
Proficiency
TOEFL, IELTS, Duolingo
or Cambridge (C1
or C2) certifications
may be necessary to
demonstrate your
English level.
This process may vary depending on the
program. Be sure to consult the Admissions
area of your program of interest for more details
on the admissions process.
03
Entrance Exam
Next, you will have to
take the GMAT, GRE,
CFA Level 1 or CAIA
Level 1.
02
Online
Assessment
With the application
submitted and the fee
paid, you will receive
a link to answer three
live questions, two in
video format and one
in written format.
06
Final Decision
Your entire application
will be evaluated
by the Admissions
Committee and you
will receive an answer
within 1–3 weeks.
05
Personal
Interview
This online interview
will take place with an
associate director of
the admissions team.
Get started →
FINANCIAL
AID

If sorting out funding Most of our students rely on a

combination of different types of
and scholarships is financial means to cover the tuition
fees and the overall costs associated
an important part of with program attendance. These
means typically include personal
making IE University resources, student loans, scholarships
your next big step and, at times, some form of family
support or tuition assistance from
in your professional employers.

journey, the good The IE Financial Aid Office will help

you understand the different financing
news is that we have options and scholarship opportunities
available. Researching, understanding
a range of funding your options and planning ahead is
options available to key. The FAO will provide you with all
the necessary guidance to make any
support you! scholarship or loan application process
as smooth as possible.

Please visit our financial aid website

for more details or schedule an
appointment with our team.

Go to the Site →
The aim is twofold:
celebrating and
rewarding outstanding
individuals and
providing scholarship
support to deserving
and promising
candidates who would
otherwise not be able
to attend IE University.

IE Scholarships
Thanks to the IE Foundation and
the generosity of our students,
alumni, parents, corporate partners
and other benefactors who support
our groundbreaking Financial Aid
program, we are able to maintain a
strong commitment to providing top-
notch education to highly qualified
candidates from around the world,
regardless of their economic situation.
Our wide portfolio of scholarships Direct Awards
allows us to guarantee diversity and
excellence through our needs-based There is no formal application process
and merit-based scholarships. for the IE High Potential Award—
all applicants are automatically
Scholarships are awarded based on considered. Awards are communicated
economic need, merit, distinctive at the time of admission and
competencies and/or academic and recipients are chosen based on the
professional excellence. The aim is information provided during the
twofold: celebrating and rewarding admissions process: the strength of
outstanding individuals and providing their application, academic merit,
scholarship support to deserving and professional experience, the quality
promising candidates who would of the interview, competitiveness,
otherwise not be able to attend IE life experiences and suitability to
University. the program and our school. These
awards are need-blind, and are
compatible with other IE Scholarships
should the candidate require further
Check the IE Financial Aid website to discover the full
list of scholarships available and to learn more about the support through a formal scholarship
application process. application.
Loans Tuition Payment Options

Many of our students rely on loans While making an investment in higher

—either government and/or privately education is extremely worthwhile,
funded—to at least partially finance we understand it isn’t always easy. At
their studies at IE University. As we IE University, we allow students to pay
strive to provide our students with in interest-free installments, without
further financing opportunities, pre-approval requirements or credit
we are committed to securing checks.
agreements with both Spanish and
international institutions that offer The number of installments and
our students financial loan schemes conditions depends on the program,
on favorable grounds. While there are please talk to your admissions advisor
many organizations that lend to IE for more information.
students—including those we have
an agreement with—it is critical that
you understand all fees and terms of
available loans to compare them and
determine which are best suited to
your particular needs.

Contact our dedicated team at loans@ie.edu to find out

which financing options may be available to you. Please
note that many financing schemes are time sensitive
and may require planning several months before your
program starts.
ABOUT YOUR
UNIVERSITY
The IE University
ecosystem is designed
with the student in mind.
Rooted in a human-
centered approach to
entrepreneurship and
innovation, we offer an
extensive global network,
cutting-edge facilities
and top institutional
partnerships—empowering
future leaders to define
their journey.
WHO WHO
WE ARE? WE ARE

First and foremost,

we are Liquid Learners.
Liquid Learning
at IE University is the
culmination of our
educational vision,
transcending any single
platform or approach
to produce a holistic,
streamlined academic
experience.
Developed over 20 years, this model
blurs the lines between online and in-
person education resulting in a flexible,
highly interactive learning journey.

By breaking down traditional barriers

to education, Liquid Learning provides
access to the same world-class
education, regardless of location or
personal circumstances.

But what does this mean? Allow us to

explain. As Liquid Learners, we are:
1,800+ Leaders in
Business Education
students can attend
the same session IE University was founded by entrepreneurs
simultaneously with a vision to disrupt traditional models of
education to equip students with the skills
they need for the future.

100% To achieve this, the institution was

created with five values in mind: diversity,
of our students have
humanities, technology & innovation,
online access to classes
sustainability and entrepreneurship.

Pioneers in
200 Disruptive Learning
classes streaming IE University transformed business
online simultaneously education by introducing disruptive
in HD teaching methodologies, ranging from
immersive classroom approaches and
technological innovation to close ties with

100K+ industry leaders.

Over the years, our broad spectrum of

online sessions disruptive learning innovations has helped
in total students from 140 different countries
unleash their true potential.

“The WOW Room allows

students to connect and
collaborate no matter
where they are, even if
the only way they can join
is through their mobile
phone at the airport.”

Jolanta Golanowska
Director of Learning Innovation at IE
Diverse
Visionaries
Our cutting-edge methodologies
and global approach to education is
complemented by the diversity of our “I'm able to
community. study with
Students are in constant contact people from
with a variety of academic, ethnic all around the
and cultural backgrounds, which world and learn
challenges preconceived notions about different
and empowers them to think in new, cultures.
innovative ways.

Patricia
Master in Management
25% Restless
Entrepreneurs
of our alumni have
started their own
businesses All our programs are taught from
an entrepreneurial perspective,
encouraging students to craft and

1,500+ apply solutions in the real world—

whether in an intrapreneurial or
students trained entrepreneurial capacity.
in entrepreneurial
management Through startup accelerators and
networking opportunities, students
are able to fuel their ideas, fully

100+ supported as they embark on their

entrepreneurial journey.
mentors working
alongside our students
 WHERE WE ARE
OUR EDUCATIONAL
“IE University
ECOSYSTEM
teaches you
to work and
cooperate
with people
from different
backgrounds,
and to bring
out the best in
others.

Enjoy the right university

experience for you.
We have three locations:
Segovia, Madrid and
Online.
Dionysios Stavrakas, Russia
Executive MBA
 Segovia Know more →

Declared a World Heritage Site

by UNESCO in 1985, Segovia is
famous for its cathedral, alcázar and
“In every corner aqueduct.
of Segovia, in
every step you One of the city’s most historic
take through its buildings, the Convent of Santa Cruz
streets, squares, la Real, is home to the IE University
and countryside, campus. This campus combines
there’s a sense rich history with state-of-the-art
of tradition, art, classrooms.
and history.

Cheyenne Uribe
Switzerland. Dual Degree in Laws
and International Relations
Class of 2020
Madrid Know more →
Online
Our online classrooms
Our urban tech-based education hub
enable us to provide
is located at the heart of one of the
Liquid Learning with
most exclusive neighborhoods of the
hybrid teaching
city. Not far away, you can find our new
methodology.
innovation tower—the fifth addition
to the Cuatro Torres—bringing an Featuring synchronous
environmentally efficient and avant- and asynchronous
garde architectural design to a lively learning, the online
business district. campus puts the
student at the center
with dynamic learning
methodologies that
adapt to individual
circumstances.
The IE Tower in numbers 7,000
square meters set aside for
green spaces

180
meters high and 35 floors

6,000
undergraduate students on
campus

35
story tower with classrooms
and educational zones

70+
classrooms and a large
number of workspaces and
chill-out zones

50,000
square meters
 66,000+
OUR ALUMNI IN NUMBERS

total alumni

169
countries

1,300+
alumni events worldwide

28 Global Presence
alumni reunions Our extended IE community stretches
across the globe, with 30 offices working
together to build a lasting community

6,000 around the world.

These offices organize thousands of

participants
international networking events, connecting
our alumni community, candidates,

60+
companies and partner universities.

Benefits for ▶ Venture Days ▶ Worldwide

career sessions per year our global conferences
▶ Networking
community:
and social events ▶ Career
▶ IE events, for alumni and opportunities

300+
masterclasses and students for alumni and
workshops led by students
▶ Global Alumni
IE professors
Weekends ▶ Alumni clubs
career orientation ▶ Corporate
▶ “Glocal” network
interviews partnerships

Know more →
Find us at one of our international offices.
WHAT'S LIFE
LIKE AT
IE UNIVERSITY
“IE University
has provided me
with the right
network and
environment
to strengthen
my professional
There’s always something potential as an
entrepreneur
happening at IE University.
and architect.
From business conferences
to sports games and
coding competitions,
you’ll never be lacking in
opportunities for growth— Dana Nayef Alfayez

and fun!
Alum. Master in Business for
Architecture & Design
 Venture Days
Event that connects
the entrepreneurial
community across all
continents.

30+
cities around the globe

1,000+
startups applied

Area 31
Weekly Venture
Venture Lab
Launchpad for
10
Network event with startups under the
finalists go to the
pitches given to guidance of industry
Venture Day in Madrid
investors. experts.

450+
startups participate
Exclusive workspace for
each year
admitted teams

100
events every year

Know more →
EnlightED
Bringing together
the most innovative
startups in education,
innovation and
edtech.

South Summit IE Rockets

Brings together the most Residency program to
innovative startups regardless build your skills and
their industry, development brand in the higher
stage and country. education sector.

146
6,700+
startups applied

CEO / Executives
participated in our
latest edition
$60M
raised from startups

$4.3B+
raised by former startup
competition finalists
IE Clubs and Centers Women at IE University
in numbers...

We believe that campus life is just as

important as academic life. With more than
120 active student-led clubs on campus
and online, our students have access to
countless opportunities to engage with 39 %
a variety of topics and learn beyond the of our full-time faculty
classroom. are women

Club spotlights

IE Out & Allies Club 48 %

The IE Out & Allies Club endeavors to broaden of our students are
understanding and support for LGBTQI* populations women
worldwide. This student-led LGBTQI* club organizes
inclusive, year-round events, which range from
educational meetups to networking and cocktail
events to celebrate a break from school.
The club also proudly organizes the LGBT@Work, the
56 %
longest-running LGBTQI* work conference in Europe,
of the scholarships
and third-largest business school LGBTQI* conference
offered to master’s
in the world.
students are awarded
to women
Women at IE
At IE University, we strive to maintain and promote

7.7
gender equality both on and off campus. With over
2,000 members, the IE Women in Business Club was

million
created to reduce the obstacles facing women in
gaining top leadership positions. ​
We also work with multiple international women’s
organizations to provide talented and driven women was awarded to women
the financial resources required to reach their pursuing a master’s or
academic and professional goals. bachelor's degree in
Every year, we celebrate International Women’s Day 2019​
with a week full of events addressing gender equality.

IE Clubs →
 1,500+
annual face-to-face and
online events

600+
speakers hosted on campus

37,000+
attendees

IE Center for Diversity in More IE student clubs:

Global Management ▶ Net Impact
The IE Center for Diversity in Global Management
▶ AI & Big Data
harnesses the power of diversity to help organizations
become more resilient, efficient and innovative. ▶ TechIE
Created in September 2002, the Center is an invaluable ▶ IE Tech Lab
resource for the IE University community, engaging
▶ IE Tech & Innovation
in training, applied research and awareness-raising
activities, alongside holding networking events to ▶ IE Smart Cities
foster international debate.
▶ IE Cybersecurity

IE Africa Center ▶ IE Blockchain

IE Africa Center aims to revolutionize the way the next ▶ IE Air & Space
generation of global executives understand African ▶ IE Fintech
innovation—past and present.
▶ IE Coding
We understand that the intellectual and physical
contributions of Africa and its people are not only ▶ IE Women
central to the modern world as it exists today, but are in Business
crucial to building a better future. ▶ IE E-Commerce
▶ IE EdTech
and more...
IE Centers →
 OUR STUD EN TS
IN N UM BERS
85 %
international students

160+ 45+
nationalities languages spoken
on campus on campus

52 % 70,000+
male students students on campus

48 % 100+
female students active clubs on campus

“I think the fact that there

were only 20 of us and there
are 17 different nationalities,
the fact that we got to learn
so much from different
cultures, is great. I think I
learned as much outside as
inside the classroom.

Manon Germain
Alum. Master in Talent Development
& Human Resources
OUR RECOGNITION
& REPUTATION

Pioneers
in Online MBAs
since 2001

1
Worldwide
5 Best MBA
ST TH
Distance Program
Online MBA for Entrepre-
neurship
QS 2022 P&Q 2021

3 Worldwide
5 Worldwide
RD TH

Online MBA Master in

Management
Financial Times 2021 QS 2022

3 Worldwide
7 Worldwide
RD TH
Executive MBA Global MBA

The Economist WhichMBA 2020 QS 2022

WORLDWIDE
ACCREDITATIONS

“I believe it is critical to understand

cultural differences and to be able to
work in a diverse environment, which is
exactly what IE University provides for
both its professors and students.

Bin Ma
Assistant Professor, Human Resources
& Organizational Behavior