Instituto de Empresa Business School

• Up-to-the-minute courses content in the most innovative fields of finance, such as M&A, private equity, hedge funds or portfolio management
• An eminently practical approach: students are required to make virtual investments with a portfolio using Internet based simulators or to seek real investment opportunities for a leveraged buy-out and present these to private equity investors
• A sizeable percentage of the faculty are practitioners working in Tier I investment banks & other top finance sectors
• First in-class program on derivatives markets for different asset classes (equity derivatives, fixed income derivatives, commodity's derivatives and foreign exchange derivatives)
• Detailed analysis of the operations and activities of financial markets
• Alumni network comprising 3,500 graduates of IE finance programs since 1977, supported by on-site finance oriented networking (Finance Club & Financial Community)

• Designed for students with an outstanding academic record just finishing their undergraduate studies and/or limited professional experience.

• Format: Full-time
• Age range upon graduation: 22-24
• Average professional experience: 0-18 months
• Academic Background: all backgrounds
• Program length: 10 months
• Calendar: September- July (following year)
• Schedule: 9 am – 3 pm (Monday through Friday)
• Language: English
• Location: Madrid

The three-part CFA® exam entitles successful candidates to become a “CFA Charterholder”. A relevant number of sessions will allow the student to prepare the CFA® examination. The CFA® certificate has become a basic requirement for individuals who work as investment analysts, portfolio managers and other investment decision-makers employed by investment firms, banks, broker/dealers, investment companies, insurance companies and other agencies. Preparatory classes for the CFA®I will be mandatory for all graduates on the Master in Finance.

Building a solid understanding of financial management principles, the Master in Finance impart detailed knowledge of the operations and activities of financial markets whilst providing a comprehensive view of the international arena.

The Master in Finance gives a detailed and disciplined look at the tools, techniques, theoretical know-how, and practical focus that makes possible to put these functions into practice, heighten your analytical and problem solving capabilities. The experience is enhanced by additional studies that assist decision making in areas directly or indirectly affected by the financial manager's reactions.

Being part of the IE community is more than just being an alumnus; it's being a part of a global network of people sharing a set of common goals, and ethical values. You will build up a network of contacts with your classmates, professors, and associations and clubs; as well as the corporate relationships that IE has fostered over the years.

Taking the Master in Finance is an investment in your future. IE Business School graduates are exceptional people with exceptional skills, and are sought out by companies, consulting firms, and financial institutions around the world. IE Business School's Master in Finance is the beginning of a bright future for you.

To be considered for admission, a candidate must have successfully completed the following prior to submission:

• A Bachelor degree at an accredited college/university (or equivalent).
• GMAT* exam or IE Admissions Test. The test result from one of these exams is a prerequisite for admission.
• An English language certificate is required for all non-native English-speaking applicants (100 ibt, 250 computer-based or 600 TOEFL**, 800 TOIEC, 7.5 IELTS, Cambridge Advanced). This requirement does not apply if you can demonstrate one of the following:
  • Two years work experience in an English speaking country.
  • Undergraduate degree completed in English.
• A complete application for evaluation by the Admissions Committee, including all supporting documents.

*Please consult further information about the GMAT at: http://www.mba.com/mba/TaketheGMAT.

**TOEFL is a test administered by ETS. Test scores should be reported directly to IE. For more information, please contact: toefl@ets.org or the website: http://www.toefl.org.

The demanding nature of the Master in Finance means that a large number of applicants are subject to a rigorous selection process. The main objective of the admissions process is to select students with the highest potential.

More on the Admissions Process in our Detailed Information

Candidates pay a non-refundable application fee of 120€ to cover administrative costs.

The tuition fees for the Master in Finance 2008 amount to €32,000 + €1,100 (contribution to the IE Business School Foundation).

Admission is valid for two years, allowing the successful applicant up to two years to reserve a place on an intake, thus allowing students to plan their experience. To reserve a place on the Master in Finance, intake students are required to make a deposit equivalent to 20% of the total program fees + the contribution to the IE Business School Foundation.