MSc in Financial Engineering
Master advanced quantitative finance in this highly selective programme, gaining expertise in capital markets to excel in quantitative trading & structuring, portfolio management, risk management, and hedge funds.
Financial Times Ranking 2024
Financial Times 2023
Master in Management ranking - Financial Times 2024
Join us for an exclusive online Info Session about the Master of Science - Financial Engineering
This one-hour session will offer an in-depth look at the programme's curriculum, its unique benefits and the vibrant student life that awaits you during your academic journey.
Hear directly from our Programme Director and a current student, and get all your questions answered about the admission process.
Gaining quantitative skills in financial engineering
The MSc in Financial Engineering is a highly selective programme designed for young graduates with prior training in market finance or a strong quantitative background. Combining cutting-edge theory with hands-on experience, students will gain a deep understanding of capital markets and develop expertise in quantitative finance. They will be prepared to pursue a successful career in quantitative trading & structuring, quantitative portfolio & risk management, and hedge funds.
In partnership with:
 |
GARP
Increasing global demand for graduates with risk management skills prompted EDHEC to partner with GARP, the Global Association of Risk Professionals, to create an academically rigorous risk management education. The GARP partnership is a key differentiator in the job market and aims to better prepare students to succeed in the challenging field of risk management. |
 |
CAIA Association
The Chartered Alternative Investment Analyst Association (CAIA) is a non-profit global organisation that seeks to improve the investment and societal outcomes of capital allocation through professional education, transparency and thought leadership across all investor alternatives. It comprises an elite group of more than 12,000 professionals worldwide. |
 |
CQF Institute
Established in 2014, the CQF Institute, part of Fitch Learning, is the global quant finance-focused membership organization with more than 27,000 from 90 countries, and serves as the awarding body for the Certificate in Quantitative Finance (CQF), the world’s largest professional qualification in quantitative finance. |
Gaining quantitative skills in financial engineering
The MSc in Financial Engineering is a highly selective programme designed for young graduates with prior training in market finance or a strong quantitative background. Combining cutting-edge theory with hands-on experience, students will gain a deep understanding of capital markets and develop expertise in quantitative finance. They will be prepared to pursue a successful career in quantitative trading & structuring, quantitative portfolio & risk management, and hedge funds.
In partnership with:
|
|
GARP
Increasing global demand for graduates with risk management skills prompted EDHEC to partner with GARP, the Global Association of Risk Professionals, to create an academically rigorous risk management education. The GARP partnership is a key differentiator in the job market and aims to better prepare students to succeed in the challenging field of risk management. |
|
|
CAIA Association
The Chartered Alternative Investment Analyst Association (CAIA) is a non-profit global organisation that seeks to improve the investment and societal outcomes of capital allocation through professional education, transparency and thought leadership across all investor alternatives. It comprises an elite group of more than 12,000 professionals worldwide. |
|
|
CQF Institute
Established in 2014, the CQF Institute, part of Fitch Learning, is the global quant finance-focused membership organization with more than 27,000 from 90 countries, and serves as the awarding body for the Certificate in Quantitative Finance (CQF), the world’s largest professional qualification in quantitative finance. |
OVERVIEW
Your MSc in Financial Engineering in a Nutshell
By choosing our MSc in Financial Engineering, you will discover the main financial concepts behind stocks, bonds and derivatives, as well as the key analytical tools used in the industry. You will become part of an elite group of financial professionals equipped with the skills to thrive in the financial industry as a Quant & Sales trader, a structurer or into Quant research.
Your future role will be to collect, analyse and make sense of financial data to make the best investment decisions. The Master of Science will teach you how to use advanced tools and techniques.
EDHEC MSc in Financial Engineering
[Laurent Deville. Academic Director Finance Masters Programmes ]
When we are talking about financial engineering and the MSc in financial engineering, we are talking about quantitative finance in a sense. We are talking about managing money either from the buy side or from the sell side of the industry.
So this is quantitative. This is finance. This is about financial products. This is about models. This is about pricing products. This is about managing risk and products. If you go to financial engineering, you are going to specialise in capital markets.
EDHEC's goal is this one: Let's make an impact. Let's make an impact on the industry. Let's make an impact on future generations.
Students need to have the knowledge and competencies that will allow them to change the industry, to change the jobs, to change finance, in a sense.
[Emmanuel Jurczenko - Director of Graduate Finance Programmes]
We have designed this programme so that first the student
will start by following core courses. But then students need
to choose rapidly to specialise in one specific concentration
related to their professional project. There are three concentrations that they can choose:
The first one is named concentration in quantitative trading. And obviously, this is for students that want to pursue a career in trading. Should it be sales traders, trader or structurer.
Then we got the second concentration in investment solutions and this is for students that want to work in the traditional asset management industry as portfolio analyst or portfolio manager.
And we added a new concentration,
which is on alternative assets for students that would like to specialise in the alternative fund space, private equity, infrastructure funds or real estate funds, commodities hedge funds.
We also bring our students to one capital city, one financial centre. It could be London, for instance. And the purpose here is for them to exchange, to meet some industry professionals,
to also connect and visit some very specialised companies
which are related to their project.
And we got a list of EDHEC research centres that are oriented toward the industry. And all the centres, basically they are contributing to the curriculum. What is very, very important for me as director of the Graduate Finance Programme, is the capacity for students to find the job that they search for.
We got a lot of industry experts, we got a lot of companies that are visiting us and the feedback we receive is: Wow, your graduates, they are very good. They got the right mindset.
They got good skill sets and they are here to contribute to the future of the finance industry.
[Music] Make an Impact. EDHEC logo.
The EDHEC Master of Science programme is accredited by the French Ministry of Higher Education and Research to confer a recognised BAC+5 degree with the Master's Grade. This authorisation was granted following an evaluation by the National Management Programmes Assessment Commission (Commission d’Évaluation des Formations de Gestion).
-
Master advanced analytical and quantitative tools for pricing financial instruments.
-
Utilise Data Science and Machine Learning techniques to solve complex financial problems.
-
Design and evaluate quantitative investment strategies.
-
Execute effective financial risk management using key principles and tools.
-
Identify and address ethical issues in finance, understanding the need for strong professional standards.
-
Develop and assess managerial skills in line with market demands
JULY-AUG
FOUNDATION COURSES* + BOOTCAMP
SEPT-FEB
CORE COURSES + TRACK CORE COURSES+ STUDY TRIP
MAR-MAY
TRACK CORE COURSES AND ELECTIVES + MASTER PROJECT
JUNE-ONWARDS
INTERNSHIP OR EMPLOYMENT
*based on applicant's background, some fully remote and self-paced courses may be required before the on-campus modules begin in September.
September–May: on-campus academic courses** - June onwards: work experience
- 18-month full-time programme: One-year academic programme and a 4-6-month internship/work placement
- Taught entirely in English
- A mix of foundation courses, core courses & electives
- Career Booster
- Master’s project
- French classes
*based on applicant's background, some fully remote and self-paced courses may be required before the on-campus modules begin in September.
Age range: 22-31
The EDHEC Masters in Finance programmes have an equal impact on skills and careers. They provide business-relevant education for students seeking top-level positions in leading global financial institutions. Thanks to their close ties with major financial industry players, the EDHEC-Risk Climate Impact Institute and Programme Corporate Partners, our programmes will help you become a leader in finance.
Laurent Deville & Emmanuel JURCZENKO
Directors, Finance Track
COURSES
The core skills you need in financial engineering
The Master of Science in Financial Engineering aims to give you the core skills you need to succeed in a complex and competitive business environment. You will learn to deepen your analytical thinking, develop practical skills and design creative strategies for business success. Financial engineering is an advanced sector.
You will learn about machine learning, derivatives, climate change science and more. You will also choose three electives in specialist areas such as structured products, risk measurement, microstructure of Financial Markets, etc.
In your future job, you will also need horizontal skills. That's why the programme includes modules on management or ethics.
You will develop a complete professional profile so that you can start working in positions of responsibility immediately after graduation.
-
Core curriculum
- Embraces the latest technologies
- Responds to trends in the market
- Co-developed with leading business partners
-
Blended learning
- Tutorials
- Lectures
- Workshops
- Seminars
-
Applied learning
- Business games
- Case studies
- Entrepreneurship projects
-
Personal performance coaching
- Interviewing strategies
- Teamwork development
- Intercultural communication skills
You will take the following three foundation courses online in the July/August period prior to arriving on campus. Depending on your background, the Selection Committee may require you to take specific classes or allow you to choose three courses from the list.
These instruments play a key role in transferring risks in the economy and are commonly used in investment and corporate financial management. This course offers a first exploration of the world of derivatives securities such as forwards, futures, swaps and options. It will provide you the grounds for a good understanding of how these instruments trade, how they can be valued and how they should be used.
This course objectives are to equip you with sound understanding of the fundamental concepts and vocabulary used in statistical modelling and make you aware of the powers of data analysis. It will enable you to correctly assess the validity of current techniques to common business situations, use simple Python programs to manipulate data and expressions, and confidently handle the presentation and interpretation of data using python language.
This course introduces the foundations of modern portfolio construction, asset pricing models, and risk-adjusted performance measures. Students will learn how to build portfolios, compute various measures of risk and performance, and analyze the risk-return profile of various investment strategies.
The objective of this course is to provide you with a solid grounding in the principles and practices of finance and to develop your understanding of the tools required to make good financial decisions.
This module aims to provide you with knowledge and understanding of key management issues in corporate finance and the market for financial assets.
Core modules are classes that must be taken by all students of the programme.
This course introduces students to the core principles of investment management, blending both theoretical understanding and practical application through Python programming. By the end of the course, students will have gained a solid foundation in the fundamental concepts of finance and portfolio construction, along with the ability to implement and analyse these ideas using Python. Additionally, they will acquire the skills to work with industry-standard Python code and modules, enabling them to translate key investment and risk management strategies into Python and assess their performance. The course also equips participants to design robust strategies under conditions of uncertainty, bridging the gap between finance theory and hands-on coding practice.
Being aware of the urgency and importance of climate change is not enough to tackle it effectively. To avoid the worst climate outcomes, decisive action has to be taken. But what realistic options do we have? Since our resources are limited, is it better to act now or wait until we have more advanced and less expensive technology? How big do our abatement efforts have to be?
This MOOC will help you understand how economists try to answer these questions and find the optimal course of action. Most important, it will give you the conceptual tools to draw your own conclusions.
The objective of the course is to build on the concepts learned in the Introduction to Fixed Income course and to deepen your understanding of how fixed-income markets work. The focus is on the government bond market and the LIBOR market, with a secondary focus on corporate credit. The purpose of the course is to blend a solid understanding of fixed-income principles with the reality of market features and products, such as bond futures, trading strategies, the role of liquidity, embedded options, etc.
On completing this course, you will understand the components of yield (expectations, risk premia, and convexity) and relate them to real market conditions, as well as the concept of no arbitrage and risk premia. More specifically, you will be able to hedge complex interest-rate portfolios, value-risky and risk-less fixed-income instruments, and understand the essence of fixed-income trading.
The main objective of this course is to provide you with a deep dive into the main derivatives markets, the main products traded, why they are used and how they are priced and hedged. It covers a broad range of instruments, including equity, currency, interest-rate and credit derivatives.
On completing this course, you will be familiar with the main derivative types traded in the financial markets and know which models are used for different products and why. You will analyse a structured product and determine whether the price is correct, build a simple valuation model, or determine a possible hedging strategy for a new derivative payoff.
This course is a hands-on introduction to quantitative modeling, Machine Learning, and its implementation in the python language, with a focus on finance applications. You will cover basic theory with a focus on developing numerous practical applications via case studies. It will provide you with a solid foundation in the principles of machine learning and will provide the necessary tool to implement simple models with real data.
The objective of this course is to study cutting-edge methods to construct optimal equity portfolios that perform well out of sample. This course will provide you a solid foundation of the theory of portfolio choice and the knowledge required to implement this theory. A key component of the course is learning Python to work with various data sets to implement optimal portfolios using the theoretical models you will study in class.
This seminar aims to develop your cognitive and behavioural abilities to manage and lead effectively across cultures, particularly for students keen to pursue a career in finance. You will gain practical experience by working in international teams and learn to question stereotypes through heightened cultural awareness and a critical analysis of diverse leadership styles.
You will learn the basic concepts of academic research and be able to apply these concepts in the research and composition of your applied master’s project.
This is an advanced course in portfolio management in which you will address the usual financial issues like portfolio choice and asset pricing from the perspective of a long-term investor in the economy. A standing assumption is the realistic ability of traders/investors/consumers to rebalance frequently their portfolios. Horizon dependent investment strategies emerge naturally together with multifactor asset pricing models. Upon completion of the course, you will know how investment horizon tilts asset allocation as well as solve dynamic portfolio choice problems and compute equilibria in dynamic economies.
The objective of this new course is to understand Decentralized Finance (DeFi) and the blockchain technology driving this revolution in Finance. The course will focus on studying the benefits and limitations of blockchain technology compared to traditional centralized Finance. We will examine how blockchain technology can be used to develop new ways of doing all the functions of finance: new payment methods, new methods for raising debt and equity capital, new methods for trading cryptocurrencies, and new methods for trading derivatives. You will also study whether to invest in cryptocurrencies, the exchanges used to trade cryptocurrencies, and blockchain-based projects.
The course discusses the models, techniques and applications of tactical asset allocation strategies with a focus on the application of modern portfolio management principles to bridge the gap between the theory and practice of tactical asset allocation. You will grasp the different types of asset allocation, the academic empirical evidence on the question of asset return and risk predictability and the modelling issues involved in building successful asset return prediction models. Before completion of the course, you will conduct case studies of asset allocation strategies for different investment strategies and assets – global stock and bond markets, investment styles, currencies and volatility.
The Real Estate Economics and Investment Strategies course provides a rigorous framework for understanding the key concepts and dynamics of real estate markets, equipping students with both theoretical and practical tools to navigate this complex field. Throughout the course, students will explore how supply, demand, and policy shape real estate markets, enhancing their ability to predict trends. They will develop practical data analysis skills to assess property values, market trends, and risks, while also learning to craft adaptable strategies for property acquisition, management, and sale in varying market conditions. Students will gain in-depth knowledge of real estate investment strategies, including financing and risk management, applicable to diverse projects, and will learn how to apply performance metrics to evaluate the success of investments. Additionally, the course offers valuable networking opportunities with peers, instructors, and industry professionals, fostering connections within the real estate community.
This course introduces students to the latest advances and innovations in the financial industry, featuring presentations by renowned experts from both academia and the industry. Students will gain familiarity with long risk premia across major asset classes such as stocks, bonds, and real assets, and will understand the complexities of measuring private equity fund performance. The course also provides insights into current climate challenges and the global financial community’s efforts to address these, along with the impact of biodiversity risks on economic activity and asset prices. Additionally, students will explore the challenges of applying machine learning in finance, the role of complexity in predicting returns, and the connections between blockchain technology and traditional currency markets.
This course reviews the quantitative techniques used in the asset management industry, with a focus on currency portfolio management, systematic equity investing strategies, and liability-driven or goal-based investment solutions. Students will gain an understanding of currency hedging solutions to protect against fluctuations, as well as the characteristics and risks of systematic equity strategies. They will also explore the benefits and limitations of liability-driven and goal-based investment strategies. Additionally, students will develop skills in defining and managing currency hedging solutions, building systematic investment solutions, and creating and backtesting dynamic asset allocation strategies for both institutions and individuals.
This course reviews the key concepts and techniques employed by statistical arbitrageurs, focusing on the core components of a statistical arbitrage investment programme: quantitative trading signal generation, trading cost models, execution strategies, and risk management. Students will gain an understanding of how to bridge pure statistical theory with the practical implementation of statistical arbitrage strategies, along with familiarity with machine learning techniques for return prediction and portfolio construction. They will also learn the key elements of algorithmic execution models, enabling them to evaluate statistical arbitrage opportunities, design investment strategies under uncertainty, and determine optimal execution strategies considering market impact.
Global warming is one of the most significant challenges of the century and tackling it in the most effective way requires a good understanding of its physical, social and financial aspects. The Science and Engineering of Climate Change course offers an introduction to the science of climate change and to the existing technologies to mitigate its effects.
- Are we sure that the climate is changing? How confident are we that climate change is anthropogenic?
- Are we heading for a climate catastrophe? Why are greenhouse gases associated with global warming?
- What options do we have to cope with these facts? Which of the many proposals are realistic, and which are just wishful thinking?
By the end of this course, you will have the necessary conceptual tools to provide your own answers to these questions.
The master’s project allows you to put your newly acquired knowledge and skills into practice. If you prove your ability to undertake high quality research, members of the EDHEC faculty or its research centres may offer you the opportunity to deliver your Master Project in the form of applied research, working under their supervision.
The personal and professional benefits of an internship are immense and enduring. The same goes for expanding your global contact network. During your internships abroad, you will develop valuable business relationships that will take your career goals to an international level. Many students find their jobs as a result of internships during their time at EDHEC, paced courses in July-August prior to arriving on campus.
Two tracks are available.
Here is the list of core modules per track:
- LIABILITY DRIVEN AND GOAL BASED INVESTING
- FACTOR INVESTING
- CURRENCY MANAGEMENT
- DEEP LEARNING FOR FINANCE
- QUANT TRADING
- STATISTICAL ARBITRAGE
Students will also choose 3 electives out of 5 for each track:
The objective of the course is to give you a deep understanding of structured products and their latest developments - how they are built, what benefit they bring to investors and how they are hedged by traders. Those products often bring exotic risks to trading desks that need to be recycled to hedge funds, that aspect also will be part of the course. This module allows you to understand the risk attached to those products for investors and for banks, to design products that meet investors’ objectives, analyse any new payoff and assess its risks and design strategies under uncertainty.
The course focuses on the interactions between volatility, liquidity, price discovery, and market design. The main goal of the course is to provide you a framework for the analysis of price movements and trading volumes. After the course, you will be aware of models of microstructure and how they can be adapted to study the effects of recent changes in market structures and trading technologies.
This course provides students with a comprehensive understanding of the measurement and evaluation of market risks within an investment portfolio, combining both theoretical foundations and practical applications. It equips participants with knowledge of various market risk measures, along with their respective strengths and weaknesses. Additionally, students will develop the skills to estimate and backtest these risk measures using real financial data, and to implement them effectively. By the end of the course, students will be able to evaluate and communicate risk measurement outcomes, making them proficient in risk management concepts and terminology, whether or not they pursue a quantitative role.
The objective of the course is to give theoretical and practical in-depth understanding of options dynamics and volatility strategies. You will learn how options work and can be used in various hedging and volatility strategies, in order to manage risks and to help building more robust portfolios. The course will cover vanilla options strategies and more complex volatility strategies - variance swap, dispersion, VIX, cross asset and convertible bond arbitrage.
The objective of the course is to give theoretical and practical in-depth understanding of options dynamics and volatility strategies. You will learn how options work and can be used in various hedging and volatility strategies, in order to manage risks and to help building more robust portfolios. The course will cover vanilla options strategies and more complex volatility strategies - variance swap, dispersion, VIX, cross asset and convertible bond arbitrage.
Our MSc students have the opportunity to participate in a study trip in London. The objective is an immersion in a real professional and cultural environment to become acquainted with specific industry practices.
Every year we bring our students from the MSc in Financial Engineering, in London, because this is a place to be. This is where we can meet the top players of the financial industry. This is for students an opportunity also to know what is going on what are the trends in the financial industry. And this is also a great opportunity for them to network. The topics are related to the concentration of domains in financial engineering. We got one concentration in Systematic Trading and the one on private markets. And the last one on Quantitative Investment Solutions
[Visit at Ocean Leonid]
Today we are welcoming EDHEC student here at Ocean Learning in London, and we are going to talk to them about first our careers. So they have an idea how to, you know, maybe build a career in the hedge fund world. For me at least, what has been very valuable is to talk to practitioners and make people aware that, you know, especially students aware that, not necessarily everything you know, are defined in books happen in practice. So that would be the main objective of today, is to give them, hopefully a good idea of what they can encounter when, you know, when they start a career hedge fund.
[Presentation by EDHEC Scientific Portfolio]
We're a startup, we're technology company. And we are, as we speak, being incubated and building out our platform. But this is not exposed to the wider public.
So today students were able to basically test the platform ahead of everyone else. And we're hoping to get their feedback as well. So students effectively get another channel through which they get exposed to the research output of EDHEC as a school. That is, see the practical applications of the research produced by the ecosystem, and they see how it's going to be applied in the industry, where they will be going, you know, after they finish school. So this is an opportunity for them to test their level of understanding of the technicalities of, trading, investment solutions. This is, a great opportunity to connect with the actual trends of the financial industry.
[Visit at Permira]
it's a visit by EDHEC students. they wanted an introduction to alternaties and in particular, private equity. Permira being one of the leader in that industry, it's the occasion for them to discover the industry. Permira. And then we'll have a couple of colleagues showing practically what it means to work in private equity. trying to put my very small contribution to show the students that this is one industry that is wide open to them. it's not easy, but it's not impossible at all.
[Visit at Société Générale]
We've put together a really good program for today. We want to showcase the businesses that we feel SocGen does really well in. So everything from QIS - quantitative investment strategies to our market winning research to equity derivatives. These are not things that you can read in a textbook or look at a website.
This is true access to market leading professionals, that some of our biggest and best clients pay money and vote for in big surveys. So the students today are really getting unparalleled and really exciting access to some of the brightest minds at SocGen. Having a business school that understands that French culture, that understands the importance of engineering and thinking about finance in a very special way, is what makes this relationship super special.
Discover the Climate Finance Research Hub
Welcome to EDHEC's Climate Finance Research Hub, your gateway to cutting-edge research and expert insights into climate finance. As a pioneer in the field, EDHEC leverages over 20 years of expertise to provide actionable solutions for professionals navigating the financial challenges posed by climate change.
"The Future of Finance" - EDHEC Speaker series
The objective is to address the most recent advances in the financial industry and discuss how finance can be a powerful tool to address key economic and social challenges.
Discover Finance experts from around the world!
Programme Insights
My dream job would be being a portfolio manager for an asset management company in equities.
[Campus Life. Edoardo Valsetti. Student in Msc in Financial Engineering]
I did my bachelor's degree at Bocconi University. I studied economics and management and then after graduation in 2019, I decided to move at EDHEC to study finance and Financial Engineering, in particular.
[What is Financial Engineering?]
Financial Engineering is the application of quantitative methods in the field of finance. So you study different subjects that can prepare you and will prepare you to work closely on the different financial markets. When I was deciding about my master’s opportunities and choices, I realised that EDHEC has this three years programme with a foundation year in M1, and then it gives you the opportunity to specialise in one of the finance areas. And you have a lot of choices. And that's why I decided to join EDHEC, because of the completeness of the programme.
For the first part of my gap year, I studied quant finance
at BI Norwegian Business School in Oslo, and then I worked
as an investment advisor for a private bank in Luxembourg, Quintet Private Bank. So I stayed there for six months and then I finished my gap year working as an investment banking summer analyst for a company called FT Partners,
which is an investment banking boutique in
in London, focused on Fintech deals.
[A highlight from the programme?]
I attended the alumni spotlights, which are sessions organised by the school with alumni coming from different job fields,
from trading, asset management and so on and so forth.
And we do these sessions with them talking about their job, talking about like career advice, they have for us, how they see
the financial markets right now.
What’s their opinion about the future, if they have any advice for applicants...
So it's really ...it's really a good opportunity we have.
[Becoming a Finance professional through Students' associations]
In the EDHEC Student Finance Club, we have four different divisions.
The Publishing division, the Newsletter division, the Sustainable Finance division and the Portfolio Management division.
You have the opportunity, besides classes, to develop a set of soft skills. That's definitely helps you a lot during interviews,
but also during your normal life, your everyday life.
Every year we bring our students from the MSc in Financial Engineering, in London, because this is a place to be. This is where we can meet the top players of the financial industry. This is for students an opportunity also to know what is going on what are the trends in the financial industry. And this is also a great opportunity for them to network. The topics are related to the concentration of domains in financial engineering. We got one concentration in Systematic Trading and the one on private markets. And the last one on Quantitative Investment Solutions
[Visit at Ocean Leonid]
Today we are welcoming EDHEC student here at Ocean Learning in London, and we are going to talk to them about first our careers. So they have an idea how to, you know, maybe build a career in the hedge fund world. For me at least, what has been very valuable is to talk to practitioners and make people aware that, you know, especially students aware that, not necessarily everything you know, are defined in books happen in practice. So that would be the main objective of today, is to give them, hopefully a good idea of what they can encounter when, you know, when they start a career hedge fund.
[Presentation by EDHEC Scientific Portfolio]
We're a startup, we're technology company. And we are, as we speak, being incubated and building out our platform. But this is not exposed to the wider public.
So today students were able to basically test the platform ahead of everyone else. And we're hoping to get their feedback as well. So students effectively get another channel through which they get exposed to the research output of EDHEC as a school. That is, see the practical applications of the research produced by the ecosystem, and they see how it's going to be applied in the industry, where they will be going, you know, after they finish school. So this is an opportunity for them to test their level of understanding of the technicalities of, trading, investment solutions. This is, a great opportunity to connect with the actual trends of the financial industry.
[Visit at Permira]
it's a visit by EDHEC students. they wanted an introduction to alternaties and in particular, private equity. Permira being one of the leader in that industry, it's the occasion for them to discover the industry. Permira. And then we'll have a couple of colleagues showing practically what it means to work in private equity. trying to put my very small contribution to show the students that this is one industry that is wide open to them. it's not easy, but it's not impossible at all.
[Visit at Société Générale]
We've put together a really good program for today. We want to showcase the businesses that we feel SocGen does really well in. So everything from QIS - quantitative investment strategies to our market winning research to equity derivatives. These are not things that you can read in a textbook or look at a website.
This is true access to market leading professionals, that some of our biggest and best clients pay money and vote for in big surveys. So the students today are really getting unparalleled and really exciting access to some of the brightest minds at SocGen. Having a business school that understands that French culture, that understands the importance of engineering and thinking about finance in a very special way, is what makes this relationship super special.
Alumni Insight
Leveraging the Alumni Network
The MSc in Financial Engineering programme has launched, an innovative initiative: the Alumni Insights Series. This series is designed to bridge the gap between academic learning and industry application, offering invaluable professional experiences and industry expertise.
Discover our articles showcasing our Alumni:
Enhancing Career Opportunities
Master in Finance graduates conquered the Trading world at JP Morgan
Tips on succeeding in finance from the Head of EMEA Credit Strategy at JP Morgan
Gilles Schepens’ journey in Credit Trading at Société Générale and Tips for success
Alumna Jeanne Romulus shares her path to becoming a structured product sales analyst at Wells Fargo
So the main drive for this initiative was to complement the capabilities provided by the Career Centre by inviting alumni to meet onsite our actual students to share their professional experience and also industry expertise.
A second objective was also to strengthen the team spirit and the sense of belonging with respect to this program.
So it's an opportunity first for students to ask question about the day to day routine tasks that are performing.
It's also an opportunity for them to ask any questions related to the recruitment process. So what are some skills, for instance, that their employers are looking at? What are the typical questions that they will have during interviews. It's also sometimes an opportunity to have a direct job position. That means some of our alumni came with direct recruitment needs.
What were talking about here? We talking about capital markets and capital markets. They are less human intensive and they are very specialized. So in this case, you really need, in fact, to bring some expats because you have a so important diversity of jobs, also the diversity of the employers.
we got the usual suspect that made we get the Goldman Sachs JP morgan Amundi, Societe Generale, you name it
And the best way to do it is basically to rely on our network of alumni. We got one of the most important footprint in main financial sectors in London, in Paris. So we need and this is what we are doing with this initiative to leverage on this asset. During those sessions we had also a possibility to discuss about the evolutions. And for instance, there is one of our student that explained the growing needs to hire graduates that get the very solid background in AI in Python programing.
Another discovery is also that you don't need in fact to secure at the start your ideal job. There are different ways, in fact, to reach your goal. Some students thought that you need to have from the start the perfect internship. That would be exactly your job. And we had, for instance, some advice is coming from Andrea that she's an executive director based in Geneva with the JPMorgan that expend no, there is not only one way in fact to reach your goals are several paths and students need to be a bit open minded.
So both hard skills soft skills advice is that you are very valuable for the overall community of the students from the embassy in financial engineering.
This initiative will have a great impact. And it's not only short term, it's really long term.
effectively the actual students of today will be the future alumni of tomorrow and they will come back on campus in return to share their space and to give back to the community and to share their professional experience.
So, “la boucle est bouclée” If I may
ADMISSION & FEES
Admission & Fees for the Master of Science in Financial Engineering
If you have a quantitative background or prior training in finance and seek an international career in financial engineering, this programme is for you. You will learn the fundamentals of financial risk management and master how to structure, price and risk-manage financial instruments.
EDHEC seeks talented candidates from diverse backgrounds, with a history of strong academic achievement and demonstrated potential for growth and professional success.
- Minimum three-year bachelor’s degree (any type of engineering or business/finance background)
- Acceptable English proficiency tests/certificates (TOEFL, TOEIC or IELTS)
- TOEFL Internet-based ≥ 92
- TOEIC ≥ 850
- IELTS ≥ 6.5
- Cambridge Test of English > 175
- Optional Aptitude Test Score GMAT or GRE or TAGE MAGE or CAT* official test score report (CAT* for Indian students only) can add value to your application
- CV
- Letter of motivation
- Academic transcripts
- Two letters of recommendation
- Online video interview
► English native speakers or those holding a degree taught in English (minimum three years) are eligible for an English Test waiver.
Your application file will be processed by the Admissions Team and sent to the Selection Committee for appraisal. We would advise you to apply early to secure your spot for the upcoming intake.
For non-French degree holders:
You will be informed by email of the progress of your application, including the final decision.
- If you are a new user, you must create an account/sign up.
- If you already have an account (EDHEC candidate student), please go directly to step 5 by clicking on the "apply online" button. It means you are already in the system, so do not need to "create an account".
- After creating your account, you will receive a validation email. Click on the link provided in this email to activate your account.
-
You will then receive a confirmation email containing your personal login and password.
Once you register or if you already have an active EDHEC account, access the online application form and enter your login details.
For French degree holders:
Please visit this link https://candidate.edhec.edu/ to start your application.
USEFUL INFORMATION FOR NON-FRENCH DEGREE HOLDERS
- To avoid losing your information during the application process, please do not refresh your current page or go back to the previous one without first saving your application.
- You can complete your application in several stages. As long as you save your entries, the information will not be lost.
- Before going to the "payment" tab, please check that you have not forgotten any element of your application file and that all the information you have entered is correct. Further modifications will not be possible after payment has been made.
- Application fees must be paid online.
- After validation, your application will reach the final stage and no reimbursement will be possible, even in the event of your withdrawal.
- If you encounter any technical problems during the completion of your online application, please email: [email protected].
Important: Please use only ONE email address to submit your online application and to communicate with the Admissions Team.
EDHEC's free GMAT simulation test will help you evaluate your current level and hopefully set you off to prepare to take your official GMAT exam.
- APPLICATION FEE: €100
- FEES: €30,400*
- APPLICATION DEADLINE: June 2025
► Please note: Applications are received and evaluated on a rolling basis until June.
FEES INCLUDE:
- Tuition fees.
- Access to the EDHEC Career Centre with personal career coaching during your studies and throughout your professional career.
- Access, as a matriculating student, to on-campus facilities (incubator, learning centre, sports facilities, etc.).
- Lifetime access to the EDHEC Alumni community.
- Administrative fees.
All of EDHEC's full-time MSc programmes are accredited by the CEFDG at master’s grade. Enrolled students are eligible for a Temporary Resident Permit (or APS for Autorisation Provisoire de Séjour) at the end of the programme.
*Tuition fees are provided for information only and are subject to change
The International Students Office – a team you can trust
Moving to a foreign country can be daunting, so it’s reassuring to know that the International Students Office (ISO) is there to help. The ISO welcomes more than 3,000 international students annually, helping them to settle in France and lending them support in daily life. It organises orientation events and multicultural seminars to welcome them to the EDHEC campuses in Lille and Nice. The team guides students through administrative procedures before their arrival and during their stay and answers any questions they may have about French systems (medical and home insurance, banking, resident permits, etc.).
Finding you a home from home
Once officially enrolled, we will help you to find suitable accommodation, either in an EDHEC residence or privately owned accommodation. The International Students Office is on hand to provide you with a list of apartments, halls of residence and other types of housing that fit your criteria. You can even ‘visit’ them virtually on our new Housing website. Our team will do everything they can to make arrangements with the owner and secure your booking. They can also arrange to pick you up from the airport on your arrival (where possible) and take you directly to your new home. The International Students Office also organises orientation events and integration seminars to welcome international students to the EDHEC campuses.
Untangling the red tape
EU nationals
European Union students can live and study in France as long as they have a national ID card. No passport or visa are required.
Non-EU nationals
Before arriving in France, students from outside the European Union must obtain a student visa from the French embassy in their country of origin or residence. Non-EU students must also have a valid passport from their country of origin.
One of the requirements for most visa applications is proof of accommodation in France. EDHEC's International Office is familiar with the visa formalities for most countries and will provide you with the necessary paperwork to complete. If you are concerned about your visa application, you can contact the International Office, provided you have already checked the relevant pages in the Welcome Guide and contacted your local embassy.
Parlez-vous français ?
EDHEC offers complementary French courses to all international students enrolled in our MSc programmes. Our French classes span all levels of ability, from complete beginner to advanced language skills. The goal is to support your assimilation into French culture and give you the linguistic foundations ‒ grammar, vocabulary, reading, writing and comprehension ‒ to express yourself in French.
- Class size: 10‒25 students per group
Contact hours:
- MIM 3 hours per week (30 hours per semester + 6 hours of group projects)
- MSc 2h a week (15 hours per semester)
Instructor qualifications: Courses are delivered by an officially accredited French language teaching institution.
International Student Office | EDHEC Business School
[Music] Title: “International Student Office”
I just got accepted at EDHEC business school. Now I need to organise my arrival and find
accommodation. Luckily the international students office helped me all along this process.
All good, I'm ready. It is now time to reach France. On arrival, three key moments are organised to help me settle in: the welcome session, the services fair and the integration day.
I get a lot of practical information on different topics such as health insurance, public transportation, life in the city, and so on.
I met representatives from different EDHEC departments and partners during the service fair.
I participate in group activities, meet new friends and discover the campus.
Throughout the year, I visit ISO whenever I need assistance in my daily life in France.
Time flies, my experience at EDHEC is coming to an end. The international student office has been of great support before and during my stay, and it will remain available even after my departure.
Thank you to the International Students Office - Camilla Garcia Biel
[Music] A big “Thank you” to the International Students Office.
Camilla Garcia Biel. MiM Business Management student. Class of 2022.
So my name is Camila Garcia Biel. I'm a 26 year old international student from Peru, I'm doing the MiM track which is a three-year-long programme. The first year, you start with basic courses, with administrative courses. Then there is a year for professional immersion, and then I specialised in strategic finance and commercial intelligence. The most important thing is that out of all the business schools in France, EDHEC was the only one to come to Lima and actually meet the prospective students. After that I was completely sold. As soon as I knew that I was gonna come here, I was enrolled et cetera.
The first contact you have is with the international student office and they absolutely help you with everything. Starting with the visa process, with the housing process... They also help with anything you really need.
So arriving in France, what surprised me, for very good like very positive, was the international environment that I experienced living in the residence and coming to school. I was immediately in contact with people from different countries that I had never seen. And what scared me a little bit, was that the French level that i had before coming and the French level needed to be here. The gap was obvious, but people, especially in Lille, were very nice when I was trying to communicate with them. Even if i was using some english words or even some spanish words, they were really nice.
The reason why I chose France as my home, is that it's the perfect balance from a latino point of view of the latin culture and the european culture. In the daylight you can see the difference and in the nightlife you can see the similarities. Differences and similarities that, at the end, really helped me develop myself as a person. And I think that's something that every international goes through and learns from. My first memory at EDHEC, it's the full day as i call it. It's the first day that we gather in the main hall and then we have outdoors activities, and then we eat together, they introduce us to the programme, they introduce us to the school. Being able to experience the location and the classes and the buildings, which are amazing, it's like a reality shock but a very positive one.
So if i had the all the amazing team from the ISO or the international student office members in front of me, the first thing that i would say would be definitely "thank you"!
Thank you, and thank you... Thank you for your help, thank you for your patience, thank you for your time. They really make the difference in the transition. The job that they're doing in that assistance, it's beyond what I've heard from other friends from other schools, from even other countries. For example, during the pandemic, they were very active and they helped us. And they sent us links for call centres, in case you needed to talk to someone, like psychological call centres and nutritionists, like they really take care of us in a very global aspect. I would just say thank you many times. The international office helps us because for example, they organise different cultural nights. The school has a lot of associations and many of them work with international students, for example ,there's one called "Open Up" and they organise trips for international students. There are many ways to feel not or not feel homesick, and at the end of the course, it's a very amazing place to make amazing friends and that also helps.
[Music] Make an impact. EDHEC logo
When is the programme application deadline?
For non-French degree holders:
Applications for the September 2025 intake are open until 9th June 2025.
For French degree holders:
4 rounds of application
| Application deadlines | Admission Results | |
|---|---|---|
| Round 1 | January 21, 2025 | February 18, 2025 |
|
Round 2 |
March 18, 2025 | April 15, 2025 |
| Round 3 | May 13, 2025 | June 10, 2025 |
| Round 4 | June 9, 2025 | June 16, 2025 |
Do you accept scanned documents?
Yes, you can make scanned colour copies of the documents required
Should the application file and the two recommendation letters be typed or written by hand?
Letters of recommendation must be on official letterhead, signed and/or stamped (official stamp from the School/University or the Company). Your referees can use our recommendation template or they can choose to write their own letter using the Company/School’s official letterhead. Letters of recommendation that don’t follow the above requirements will not be accepted.
Will the Admissions’ Team contact my referees to request letters of recommendation?
EDHEC will not contact your referees. You must ask your referees to send their letters to you directly and you will need to upload the letters directly on your application (documents tab).
Will I have an interview with the Programme Manager?
Students that apply to our MIM or MSc programmes will not have a direct interview with the Programme Manager unless the Programme Director deems it necessary.
How is the online interview conducted?
Once your online application is completed and validated by your recruitment manager, the Admissions Team will send you a link to conduct your online video interview in English. It comprises six questions on your motivation, your interest in the programme and your previous experience (professional, group work, etc.). There are no right or wrong answers. You will have a practice session before you start the actual interview. Once you have completed the interview, it will be sent, along with your application file, to the Selection Committee.
Can I apply for more than one programme?
- Yes, you can apply for two programmes. A separate motivation letter is required for each programme.
- Motivation letter template
What are the minimum scores expected?
- TOEFL Internet-based ≥ 92 (/120)
- TOEIC ≥ 850 (/990)
- IELTS ≥ 6.5 (/9.0)
- Cambridge Test of English ≥ 175
What is the EDHEC institutional code for TOEFL?
- The code is 0663.
Can I apply for a waiver?
English native speakers or those holding a degree taught in English (minimum three years) are eligible for an English test waiver.
As a reminder, aptitude tests* are required for some programmes and optional for others. Please see the “admissions requirements” for your programme of choice.
Students must assign EDHEC as one of their score recipient institutions at the end of their test.
GMAT
MSc & Global MBA Double-Degree: 3QQ-WQ-62
MIM Global Economic Transformation & Technology: 3QQ-WQ-06
Master in Management, Business Management: 3QQ-WQ-05
Master in Management, Finance: 3QQ-WQ-36
Master in Management, Data Science & AI for Business: 3QQ-WQ-34
MSc in Creative Business & Social Innovation: 3QQ-WQ-60
MSc in Data Analytics & Artificial Intelligence: 3QQ-WQ-82
MSc in Entrepreneurship & Innovation: 3QQ-WQ-77
MSc in Global & Sustainable Business: 3QQ-WQ-16
MSc in Management & Leadership: 3QQ-WQ-54
MSc in Marketing Management: 3QQ-WQ-47
MSc in Strategy, Organisation & Consultancy: 3QQ-WQ-84
LL.M. in Law & Tax Management: 3QQ-WQ-26
MSc in Corporate Finance & Banking: 3QQ-WQ-73
MSc in International Finance: 3QQ-WQ-98
MSc in Financial Engineering: 3QQ-WQ-69
MSc in Accounting & Finance: 3QQ-WQ-04
GRE
EDHEC Master in Management: 6564
EDHEC Master of Science: 6563
*(GMAT/GRE/TAGE MAGE/CFA level II (for finance programmes only)/CAT official test score report for Indian students only)
Is an aptitude test compulsory?
Please see the “admissions requirements” for your programme of choice. In general, aptitude tests are required for the Master's in Management Grande École programme.
Can I add an unofficial GMAT score report to my application?
You will get an unofficial score report immediately after taking your exam. You can send it to the Recruitment Office as an additional supporting document when applying. This document will be accepted provisionally as part of your application. The official report will be required to confirm your place.
Is there any help for students with regard to campus housing?
Once officially enrolled, you will receive help to find suitable accommodation, either in EDHEC residences or in privately owned apartments. EDHEC's International Students Office (ISO) is familiar with the visa formalities of most countries and will provide you with the necessary paperwork for completion. Should you have any concerns about your visa application, you can contact the ISO, provided you have already checked the relevant pages in the Welcome Guide and contacted your local Embassy. One requirement for most visa applications is proof of accommodation in France. Again, the ISO is on hand to provide you with a list of apartments, halls of residence and other types of housing, depending on your criteria. You can even "visit" them virtually on our new housing website. The team will do everything it can to make arrangements with the property owner and secure your booking. It can also pick you up from the airport on the day of your arrival (where possible) and take you directly to your new home.
When must my tuition fees be paid?
Within 2 or 3 weeks depending on the admissions period.
How does financial aid apply to the tuition fees?
Financial aid applies to the second and third instalments of the MSc programme fees and to the second, third and fourth instalments of fees for the MIM programme.
What is the EDHEC Career Centre?
- The Student Career Centre is dedicated to helping students find a job or an internship.
- 60,000 internships and 33,500 job offers are posted on EDHEC’s dedicated jobs board every year.
Complementary French courses are offered to all international students enrolled in our MSc programmes. Our French classes cover all learning levels, from complete beginner to advanced language skills. The goal is to support your integration into French culture and give you the linguistic foundations ‒ grammar, vocabulary, reading, writing and listening ‒ to express yourself in the French language.
- Class size: 10-25 students per group
- Contact hours:
- MIM 3 hours per week (30 hours per semester +6 hours group projects)
- MSc 2 hours per week (15 hours per semester)
- Instructor qualifications: Courses are held by an officially accredited French language teaching institution.
Need an advice? Ask for a profile evaluation.
Our dedicated team of International Recruitment Managers and Country Managers are here to help you in your application process, check your eligibility for your preferred programme and help identify which scholarship you might be eligible for.
CAREERS
Prepare your career in financial engineering
Boost your employability
Understanding and developing the attributes and skills employers require is key to employability. This is why the EDHEC Career Centre offers a programme specifically designed to help master’s students map out and achieve their career goals ‒ the EDHEC Career Booster. The programme looks at students' specific needs, wants and goals when it comes to professional development and matches them to job-market requirements. Eighty percent of our EDHEC Career Services for students are tailored to individual needs and career goals.
Some of the career paths you can pursue after a Master of Science in Financial Engineering:
- Trader (Derivatives, Fixed Income, Equities, FX, Commodities, Cross-Assets): their job is to buy and sell financial products in order to make profit. As part of their daily activities, they analyse market trends, assess the risks associated with each investment and decide when to buy or sell.
- Sales (Credit, Structured Products, Fixed Income): in finance, a salesperson’s mission is to sell financial products to their clients.
- Structurer: they create structured products (a combination of several financial products) adapted to their clients' objectives.
- Quantitative Analyst: they use mathematical and statistical methods to analyse financial data and develop predictive models to help companies better understand their situation and make profitable investment decisions.
- Assistant Portfolio Manager: their job is to assist a senior portfolio manager in their daily activities. They research investment opportunities, analyse market data and assist with client relationship management.
- Quant Researcher: they apply quantitative analysis techniques to financial data in order to identify the investment and trading opportunities that are the most likely to be profitable.
- Risk Analyst: their role is to identify and assess the potential risks associated with an investment project.
- Asset Manager: they work with individuals, government entities, corporations, etc. They manage investment portfolios on behalf of their clients. They choose which investments to make and which to avoid, while maintaining an acceptable level of risk according to their clients' expectations.
- Responsible Investment Analyst: this analyst focuses their analyses on environmental, social and governance (ESG). Rather than simply assessing the potential profitability of an investment, they also make sure that it meets their company's standards for environmental protection, human rights, etc.
Through a four-step programme that includes self- and 360-degree assessment, you will get to know yourself better, identify your strengths, key attributes and areas for development, and map out your career goals and job-search strategy. You will benefit from year-round, individual career advice from dedicated counsellors, external experts and coaches, both on campus and remotely, as well as personalised coaching based on our in‑house assessment
Through voluntary and mandatory career training, workshops, CV clinics and assessment centres, you will hone your skills and learn to master the most competitive recruitment processes. As an MSc student, you will benefit from customised training by industry, market and function, in addition to individual mock interviews, including technical interviews and case practice. EDHEC Career Centre also offers a fully online career development programme that allows you to train at your own pace, in line with your goals.
EDHEC Career Centre organises more than 120 events annually, focusing on industry-specific insights or jobs, market trends and companies. It also organises four company trips to Dublin, London, Luxembourg and Paris. You will have access to exclusive internships and job offers.
- 60,000 internships and 33,500 job offers posted on EDHEC’s dedicated jobs board every year
- 40% international mobility in our master’s degrees
- 400+ companies involved in our events every year, 20% of them international
- 100+ corporate partners
- 300+ regular recruiters
Our Career Centre provides the following services:
- Individual career counselling (on campus, by phone, via skype) with internal and external counsellors
- Help to define your career goals and search strategy
- CV and cover-letter editing in English and French
- Career training and workshops (CV, cover letters, application forms, interview skills, networking, social media, personal branding, etc.)
- Graduate programmes
- On-campus events
- Off-campus events
- Website with a wealth of career resources
- Placement reports
- The Teaching Factory concept
FIELDS
- Sales/Trading
- Structured Products
- Systematic Investing
- Asset Management
- Risk Management
- Financial Data Science
- Alternative Investments
KEY RECRUITERS
ALLIANZ, ALPHA, BANK OF AMERICA, BLOOMBERG, BNP PARIBAS, DEUTSCHE BANK, GOLDMAN SACHS, MORGAN STANLEY, SOCIETE GENERALE, UNION SECURITIES
JOB LOCATION
MAIN FUNCTIONS
EDHEC ALUMNI ASSOCIATION
All EDHEC students join our esteemed Alumni Association from day one and benefit from all of the advantages this brings. The Alumni Association comprises 60,000 graduates in 140 countries. This friendly and supportive community of business leaders organises events and meetings throughout the year to facilitate contacts, exchanges and networking, while supporting the students in charting their career plans and helping graduates to promote their businesses and career. EDHEC Alumni is also a hub for disseminating best practices, shared values and the school’s vision of business for the good of society.
SCHOLARSHIPS
How to finance your Master’s?
As part of its strategic plan to "Generation 2050", EDHEC has committed to enabling talented students to pursue their studies through a diverse and transparent scholarship scheme. The French Ministry of Foreign and European Affairs also offers a large number of grants and scholarships, and there are numerous bodies worldwide supporting the study of international students wishing to embark on a master’s programme. Below is a comprehensive overview of the scholarships, grants and loans available.
Scholarships and financial aid can be critical factors when it comes to embarking on a master’s programme, so we aim to make the process as simple as possible. All candidates who are accepted are automatically considered for an EDHEC scholarship. The decision of the Scholarship Committee will be conveyed by email in tandem with the admissions decision. No additional documentation is required, other than for scholarships marked with an asterisk (*).
The EDHEC Academic Excellence Scholarship offers high-potential candidates up to a 50% reduction on their tuition fees. The scholarship supports high-profile candidates based on the excellence of their academic profile, extensive experience and/or extracurricular activities.
A select range of country and sector-specific scholarships are also available:
- EDHEC Women in Finance and Data Science Scholarship ‒ up to 50% reduction on tuition fees
- EDHEC Women in Business Scholarship ‒ up to 50% reduction on tuition fees
- The EDHEC Julie Moon Scholarship for Korean Women is offered to 2 Korean Women students (Master in Management or Master of Science) and covers up to €25,000 on tuition fees.
Deadline: 15 May - EDHEC Cultural Diversity Scholarship ‒ up to 40% reduction on tuition fees
- EDHEC Refugee or Conflict Zone scholarship ‒ EDHEC is proud to welcome master’s students who are refugees or from conflict-affected nations, in line with the School’s aim to promote peace, diversity and inclusion worldwide. One of the main ways we can help is to provide financial assistance up to 75% reduction on tuition fees, giving candidates an opportunity to receive quality higher education at EDHEC.
- Who can apply? During our admissions process, we take into account the context in which applicants have achieved their academic qualifications. If your application is accepted, you will be notified simultaneously as to whether you have been granted an EDHEC Refugee or Conflict Zone scholarship.
- The EDHEC Make an Impact Scholarship* is open to Master in Management and Master of Science applicants and covers up to 35% reduction on tuition fees.
- How to apply: Students who wish to apply for the EDHEC Make an Impact Scholarship must submit an essay of 1,000 to 1,500 words along with their application, detailing their career plan. The essay should describe their prior experience, explain how the Master of their choice will contribute to their career plan, and detail their personal motivation for making an impact on the United Nations Sustainable Development Goals (SDGs) throughout their career.
- The EDHEC High Impact ‒ Future Chinese Alumni Scholarship* is a co-sponsored scholarship with the EDHEC China Alumni Club. It awards 10 Chinese students who plan to make an impact on the EDHEC China Alumni community up to 50% reduction on their tuition fees.
- Who can apply: Chinese students who have been accepted into an EDHEC Master's programme with high scores from the Selection Committee.
- How to apply: Students who wish to apply for this scholarship should write an essay describing their prior experience, explaining how the Master of their choice will contribute to their career plan. Applicants to this scheme will be invited to participate in an online interview.
- Deadline: 15 May.
EDHEC scholarships cannot be combined.
- The EDHEC-French Embassy Co-Financed Scholarship in India is a joint initiative of EDHEC Business School and the Embassy of France in India. This scholarship is offered to two Indian students (two 50% scholarships for MiM Programmes) with excellent academic backgrounds and clear career objectives.
- Who can apply: Indian students who have been accepted into EDHEC's Master in Management programmes with high scores from our Selection Committee.
- How to apply and application deadline: Students must complete their application by 15 May and, if accepted, confirm their place by 31 May.
- More information: Please contact EDHEC Country Manager for India Nilesh Gaikwad at [email protected].
Through strong, established partnerships with local and international bodies, EDHEC has secured a number of grants and financial aid to help talented students embark on their dream academic programme.
WORLDWIDE
- The QS-EDHEC Scholarship is an exclusive scholarship for participants in the QS World Grad School Tour. Scholarship value: 50% reduction in tuition fees.
AUSTRIA - GERMANY - SWITZERLAND
- EDHEC, exclusively for e-fellows.net students and Master’s Day participants
COLOMBIA
- Colfuturo (Fundación para el Futuro de Colombia)
ECUADOR
GUATEMALA
HONDURAS
- Fundación HonduFuturo
MEXICO
- Fundación Mexicana Para La Educación, La Tecnología y La Ciencia (FUNED)
- Bourse Banco de México – FIDERH (Fondo para el desarrollo de Recursos Humanos)
SPAIN
- Bourse 'AVENIR' Scholarships from the French Embassy in Spain
What is the EIFFEL Scholarship?
- The EIFFEL Scholarship programme offers financial support of more than €1,000 per month to high-calibre international candidates. EIFFEL also offers financial support of around €1,200 per month to high-achieving international candidates. The scholarship is financed and managed by the French Ministry of Foreign Affairs and International Development.
- Applications for the EIFFEL Scholarship need to be submitted to EDHEC by 1 December. To apply for an EIFFEL Scholarship, you will first need to be accepted onto one of EDHEC’s master’s programmes and confirm your place no later than the end of November. You can do this by paying a deposit equivalent to the first semester’s tuition fees. Students can only apply for EIFFEL through one academic institution and that institution applies on the student’s behalf once they are enrolled. The results are usually published by Campus France by March/April the following year. Students who are not awarded an EIFFEL scholarship are generally offered a EDHEC Excellence Scholarship instead, but the two cannot be combined.
The EIFFEL Scholarship offers financial support of around €1,200 per month to high-achieving international candidates. The scholarship is financed and managed by the French Ministry of Foreign Affairs and International Development.
Who can apply:
Any students under the age of 25 with track record of academic excellence:
- A GMAT score of 650 or above (GRE accepted)*
- *Please note that this is not mandatory for programmes not requiring a GMAT test
- Acceptable English proficiency tests/certificates (TOEFL, TOEIC or IELTS)
- TOEFL Internet-based ≥ 92
- TOEIC ≥ 850
- IELTS ≥ 6.5
- Cambridge Test of English > 175
- Excellent academic records (GPA)
- Strong motivation and clear objectives
- Awards, previous scholarships, achievements, etc.
Deadline: Completed applications must be submitted to EDHEC by 1 December
More information:
EIFFEL and EDHEC scholarships cannot be combined.
The Eiffel Scholarship | EDHEC Business School
[Music] Title: “Eiffel Scholarship”
Speaker: Sahil Dholakia – Eiffel Scholarship Awardee.
Melanie, can you tell me about the Eiffel scholarship?
Speaker: Melanie Colmart - International Recruitment Manager
Hi Sahil. Congratulations on this achievement. The Eiffel excellence scholarship is a programme established by the French ministry for Europe and foreign office. Its goal is to attract the top foreign students into French Business Schools for master programmes. It is highly selective and only the best students with excellent GPAs and profiles are eligible. The Eiffel scholarship awards you a monthly allowance, round-trip plane tickets between your home country and France, health insurance, and cultural activities. So Sahil, you were awarded this scholarship. Can you tell me more about the process?
Yes Melanie. The international admissions team selected my profile for the scholarship and
I had to provide them with some extra documents so they sent my whole profile and the documents to the scholarship team. Can you please give some tips for the Eiffel scholarship?
Yes I will. So first I would like to remind you that the Eiffel programme is a very exclusive scholarship for over a thousand applicants per year; only a few hundred are the lucky awardees. Secondly, you can only apply through an institution. So the first step for you, would be to apply and get admitted to EDHEC. Then before December 1st, our deadline, you need to send all your documents for this scholarship as one pdf. So for the documents, we will ask you for: your cv, your full academic transcripts, a GMAT or GRE and an english proficiency test and the most important part your motivation letter. This is a way to help you stand out for the selection committee and here are a few tips for you. First you need to be sure about your goal, you need to express why the programme, and the scholarship in particular, will help you achieve your dreams. Second, your personality. This is a way to show the committee who you are and why you should be chosen and if you have any extra link with France, this is a way also to give it. So Sahil you went through this process, do you have a few tips for future students?
Okay, so for the applicants I would like to say. Firstly, apply as soon as possible and most preferably before December. Because the earlier you apply, the higher the chances are for you to get selected for the scholarship. And secondly, I would like to say the Eiffel scholarship is the most renowned scholarship in Europe and especially in France. So it is also a big highlighted part of my CV. So yeah exactly, and for the applicants, I would like to say just apply as soon as possible and all the best to you guys.
WORLDWIDE
- French Embassies around the world offer a number of scholarships to excellent students.
More information: Please contact the Cultural Service of the French Embassy in your country
- Campus France is a French national agency for the promotion of higher education, international student services and international mobility. It manages CampusBourses, a grant search engine that is an essential tool for financing your education in France.
For more information, please see the CampusBourses grant search engine.
AUSTRIA
CAMBODIA
CANADA
-
Student Aid British Columbia ‒ EDHEC School Code: QWDA
CHILE
- Becas Chile ‒ Chilean governmental initiative (part of the Programa Formación de Capital Humano Avanzado); you must specify EDHEC when submitting your application
CHINA
- Alexandre Yersin Excellence Scholarship (for Hong Kong and Macau students)
- The China Scholarship Council (CSC) (affiliated with the Ministry of Education)
COLOMBIA
CÔTE D’IVOIRE
CROATIA
EGYPT
EU
FINLAND
- Liikesivistysrahasto Foundation ‒ contact: [email protected]
FRANCE
- CROUS ‒ Bourse sur critères sociaux
- Fongecif ‒ EDHEC has particularly close ties with Société Générale, BNP Paribas, LCL and HSBC
GERMANY
- Apply to: Deutscher Akademischer Austauschdienst e.V. (DAAD), Referat 312, Postfach 200 404, D-53134
- BAföG (for MiM programmes)
GREECE
INDIA
INDONESIA
- LPDP Scholarship (Public Service Education Fund Management Institution)
ISRAEL
JAPAN
KAZAKHSTAN
- French government scholarships and other programmes
- Programme de bourses de mobilité ‒ “Make our planet great again – master”
LEBANON
MACEDONIA
MALAYSIA
MOROCCO
NETHERLANDS
NIGERIA
PAKISTAN
PHILIPPINES
POLAND
ROMANIA
- The French Embassy in Romania
- Nicolae Titulescu Scholarship programme from the Romanian government
SAUDI ARABIA
SERBIA
SLOVAKIA
- National Scholarship Programme by Slovak Republik
- The French Embassy in Slovakia
- French government scholarships in Slovakia
SLOVENIA
- Javni sklad Republike Slovenije za razvoj kadrov in stipendije ‒ excellence scholarships
- Bourses d'excellence pour étudiants slovènes
- French government scholarships from the French Institute of Slovenia
SOUTH AFRICA
SOUTH KOREA
SPAIN
- For students from Galicia: Fundación Pedro Barrié de la Maza ‒ call +34 91 563 07 99
SWEDEN
TAIWAN
THAILAND
- Franco-Thai Scholarship Programme
- Royal Thai Government Scholarship Program (offered by OCSC)
TURKEY
TUNISIA
UNITED KINGDOM
UKRAINE
UNITED STATES OF AMERICA
- Serge Bellanger Business Student Scholarship
- Scholarships from the CEA (Cultural Experience Abroad)
- Fulbright US student programme
- API Study Abroad Scholarships
- Rotary Foundation Scholarships
- National Society of Hispanic MBAs (to legal permanent residents of Hispanic origin)
- Hill & Ponton scholarships for US veterans
VIETNAM
- Bourse d'Excellence from the French Embassy
- The France Excellence scholarship programme of the French Embassy in Vietnam
- Prodigy Finance for loans to international postgraduate students attending top universities (not applicable to Master in Management students): more information
- Free Application for Federal Student Aid (FAFSA) for American citizens only: more information
- Graduate PLUS Loans: more information (part of FAFSA)
- Lendwise (alternative to Prodigy Finance): education loans in GPB, for tuition fees only: more information.
FAQs of the MSc in Financial Engineering
The MSc in Financial Engineering at EDHEC is consistently ranked among the top programmes in the world. According to the Financial Times, EDHEC is ranked 6th worldwide for its Master's in Finance, reflecting the programme’s excellence and global recognition.
The MSc in Financial Engineering provides you with in-depth knowledge of the main concepts of finance as they relate to stocks, bonds, derivatives and alternative investments, as well as the analytical tools used in the financial industry. You will learn the fundamentals of risk management and master how to structure, price and risk-manage financial instruments.
EDHEC’s MSc in Financial Engineering is an advanced programme designed to set you apart in the jobs market. It is best suited to those with a background in finance and/or a degree in a numerate discipline.
Financial markets are complex, and even with the best predictive models, there is always a degree of uncertainty. But solving difficult problems is what makes working in financial engineering so rewarding.
The MSc in Financial Engineering is a one-year academic programme, plus a 4-6-month internship or work placement.
The MSc in Financial Engineering is designed to provide a perfect blend of theory and practice.
The programme includes a Master's project to help you apply what you have learned and develop your practical skills. The MSc concludes with an internship or a job. It lasts between 4 and 6 months.
This is the perfect opportunity to learn about your future job and be prepared to join a company immediately after graduation. In many cases, students are hired by the company where they completed their internship.
You can pursue a large number of careers careers in financial engineering with the MSc in Financial Engineering, for example, as Quantitative Analyst, Trader (Derivatives, Fixed Income, Equities, FX, Commodities, Cross-Assets), Sales (Credit, Structured Products, Fixed Income), Risk Analyst, Assistant Portfolio Manager, Structurer, Quant Researcher, Responsible Investment Analyst...
Financial engineering is the branch of finance that specialises in using mathematics, engineering, programming and financial theory to solve financial problems and create new products. It is used by organisations such as banks, insurance companies, hedge funds or corporate finance departments.
To achieve their goals, financial engineers use advanced mathematical models and computer science to develop new products and find new investment opportunities. They use their analytical skills and models to assess the likelihood of an investment being successful in the long term and to evaluate the risks involved.
Risk management is the process of identifying, analysing and mitigating the uncertainty and risk involved in investment decisions.
Financial engineering is an important tool to reduce the risks of investment. Using advanced analysis and mathematical models, risk professionals can help their clients find the perfect balance between risk and profitability.
A financial engineer uses mathematical and computational techniques to solve complex financial problems. They often work in fields such as quantitative trading, risk management, and the creation of innovative financial products, applying their expertise to optimise investment strategies and manage financial risks.
Financial engineering has many ethical considerations that professionals must take into account. Transparency, fairness and avoiding conflicts of interest are some of the most important in the sector. Finance is also regulated by a number of laws and regulations that professionals must comply with to ensure ethical practices.
In recent decades, growing concerns about climate change, the environment and social issues have started to influence finance in general. Financial engineers are now beginning to take these issues into account in their investment decisions. For corporate finance departments, this has a strategic aspect, as consumers are less likely to buy products or services from a company that doesn't meet their ethical standards.
Yes, the MSc in Financial Engineering can be highly valuable, especially for those aiming to pursue a career in quantitative finance. This programme provides in-depth knowledge of financial markets, risk management, and quantitative methods, making graduates highly sought after in the finance industry.
An MBA (Master of Business Administration) offers a broad education in business management, while a Master in Financial Engineering focuses specifically on quantitative finance and risk management. The MSc in Financial Engineering is highly specialized, targeting careers in financial markets and quantitative trading, whereas an MBA prepares students for leadership roles across various industries, including finance.
Meet us
EDHEC Master Application & Admission Process
MASTERS One-on-one meeting in Dubai
WELCOME SESSION - EXCHANGE STUDENTS (SEMESTER 2)*
News
Discover the Alumni Insights Series during the MSc in Financial Engineering programme, offering invaluable professional experiences and industry expertise. Here, Emmanuel Jurczenko, Executive Director of Graduate Finance Programmes and Academic Programme Director, shares his perspective on this initiative.
EDHEC VOX
Contact us
