MSc in Financial Engineering
If you have a quantitative background or prior training in finance and seek an international career in financial engineering in one of the top 5 MSc in Finance WW (FT 2022), this programme is for you.
Financial Times Ranking 2023
The Economist 2021
The Economist 2021
Start date
Early September 2024
Application deadline
June 7, 2024
GAINING QUANTITATIVE SKILLS IN FINANCIAL ENGINEERING
The MSc in Financial Engineering is an advanced programme designed to give you in-depth know-how of the main financial concepts behind stocks, bonds, derivatives and alternative investments, as well as the analytical tools used in the industry. If you have a quantitative background or prior training in finance and seek an international career in financial markets, 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. With this degree in hand, you will be able to secure a career in trading, asset & risk management or alternative investments.
In partnership with:
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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.
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, derivatives and alternative investments, 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 trader, asset manager or risk professional.
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.
Key skills developed
- master analytical and quantitative tools to price financial instruments.
- make use of numerical and programming tools
- appreciate and design portfolio strategies or financial market products
- perform skilful financial risk management though the use of key principles and tools
- frame ethical issues in finance and understand the need for strong professional standards
- know the managerial skills the market demands and be able to assess your own competency level
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.
Programme Structure
BUILDING YOUR CAREER PATH
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| JULY-AUG | SEPT-FEB | MAR-MAY | JUNE-ONWARDS |
Programme Length
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
Class profile
Age range: 22-31
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“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 (ERCII) 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, data science, sustainable finance and more. You will also choose three electives in specialist areas such as cryptocurrencies, big and unstructured data sets, 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.
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.
Our methodology includes:
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Core curriculum
- Embraces the latest technology
- Responds to trends in the market
- Co-developed with leading business partners
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Blended learning
- Tutorials
- Lectures
- Workshops
- Seminars
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Applied learning
- Business games
- Case studies
- Entrepreneurship projects
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Personal performance coaching
- Interviewing strategies
- Teamwork development
- Intercultural communication skills
Depending on your background, you may be required to take some remote and self-paced courses in July-August prior to arriving on campus.
This course will teach you how fixed-income and derivative instruments play a key role in transferring risk in the economy and are commonly used in investment and corporate financial management. This course introduces you to the world of derivatives securities such as forwards, futures, swaps and options.
On completing this course, you will have a solid grounding in how these instruments trade, how they can be valued and how they should be used. More specifically, you will be able to build fixed-income and derivatives portfolios to meet specific needs and/or expectations and to price fixed-income and derivatives instruments.
This course is a combination of two modules through the EDHEC Online unit: the Basics of Statistics and an Introduction to Coding with Python. We strongly recommend completing the modules in parallel, taking a week for each.
The Basics of Statistics module presents the basic principles of statistical data analysis (description, estimating, testing), as well as the most common statistical methods, such as linear regression.
The Introduction to Coding with Python module introduces you to
- Python, a standard and powerful programming language well suited to data analysis, its objects, and syntax
- selected built-in functions that perform common tasks.
This course introduces the foundations of modern portfolio construction, asset pricing models, and risk-adjusted performance measures.
You will learn how to build portfolios, compute various measures of risk and performance, and analyze the risk-return profile of various investment strategies.
During this course, you will learn the basics of the Python programming language. This will include how to access and use it, basic syntax, data types and logical programming. We will then go through some of the basic libraries including Numpy, Pandas and Matplotlib.
On completing this course, you will be able to write a simple program in Python, understand someone else’s Python code and what it does, make complex data analysis with Numpy and Pandas, and plot diagrams with Matplotlib.
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.
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.
Core modules are classes that must be taken by all students of the programme.
The discrete time case: The objective of the course is to provide students with state-of-the-art answers to two fundamental questions: how should we measure risk and how do we measure risk reward? The answers lie in arbitrage pricing theory (APT), utility functions, optimal consumption-saving decisions and equilibrium asset pricing.
On completing this course, you will be able to implement arbitrage pricing methods and understand the economic drivers of equilibrium pricing using multifactor models, and have a thorough understanding of expected utility, Euler equations and the consumption capital asset pricing model in discrete time cases.
The continuous time case: This is an advanced course in portfolio management. It addresses the usual financial issues, such as 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 their portfolios on a frequent basis. Horizon-dependent investment strategies emerge naturally, together with multifactor asset pricing models.
On completing this course, you will understand how horizon tilts asset allocation and the implications for asset prices, as well as how to solve dynamic portfolio choice problems and compute equilibria in dynamic economies.
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.
Climate change is no longer hypothetical. The scientific evidence is clear that temperatures are rising at an unprecedented rate, most likely due to human activity since the mid-20th century. To limit the increase in global average temperature to at most 2°C above pre-industrial levels, all industries will have to take investment decisions that will alter their current path. Delaying emissions reductions will have lasting implications. This course will lay the foundations for the development of solutions in the financial industry.
On completing the course, you will understand how to develop solutions to finance the climate transition, to navigate climate stress-testing for financial assets, to analyse specific climate financial problems and to design well-articulated, documented and persuasive answers to climate risks.
This course focuses on the implementation and practice of portfolio construction and asset allocation. In particular, on the many implementation, conceptual and technical challenges involved in the application of modern financial theory in individual and institutional investment management. You will study portfolio selection under constraints and transaction costs, approaches to mitigate estimation risk in expected returns and risk, factor investing and tactical factor/asset timing strategies.
Upon completion of this course, you will know how to apply modern portfolio theory to build viable investment strategies and predict their performance and construct efficient portfolios based on factor investing building blocks.
This course is a hands-on introduction to the main machine-learning approaches and will explain their theory and practical application through a broad set of case studies. It will teach you the powerful and popular Python ML modelling framework Scikit-learn.
On completing this course, you will be familiar with the most frequently used machine-learning approaches for supervised learning, you will know what the important metrics of machine learning are and understand their significance, and you will be able to perform a full machine-learning analysis from start to finish to assess statistical importance.
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 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.
The aim of this course is to analyze and illustrate what market participants can do to grasp the environmental—and, specifically, climate—challenges by redirecting financial flows towards projects with low environmental impacts to support and strengthen the environmental transition, as well as controlling and mitigating the environment-related financial risks.
This transformation of financial markets requires an understanding of the assets available for financing sustainable development, the metrics currently used to estimate the environmental impact of investments, the practices adopted by the most sophisticated sustainable investors, and the supporting capacity of public institutions, such as central banks.
This course therefore takes an original approach, consisting of addressing the issue of environmental finance from the viewpoint of financial markets, which are a powerful lever for transforming society. It is intended to provide you with the tools required to be able to understand and support the greening of the financial system by presenting a combination of academic research, practical applications, and the latest regulations.
The objective of this course is to give you a firm understanding of the measurement and evaluation of market risks in an investment
portfolio context.
Starting from the role of risk measurement in the global process of risk management, you will learn the definitions of various risk measures (absolute/relative, full/partial domain).
The relative strengths and weaknesses of these risk measures will be discussed from both a theoretical and practical point of view. You will also learn how to apply suitable risk measures in practice and how to critically evaluate the outcomes.
The acquired knowledge and skills are relevant for both the management of (quant) investment portfolios (first line of defense) and their formal risk monitoring (second line of defense).
Three tracks are available.
Here is the list of core modules per track:
Investment solutions track
- Tactical asset allocation
- Liability driven & goal-based investing
- Factor investing
- Currency management
Quantitative trading track
- Continuous Time Finance
- Deep learning for Finance
- Algorithmic trading
- Statistics arbitrage
Alternative assets track
- Hedge funds
- Private equity & debt
- Infrastructure
- Real Estate
Students will also choose 3 electives out of 10 for each track:
- Structured equity & credit Products
- Crypto currencies
- Microstructure of financial markets
- NLP applications in Finance
- DeFi
- Volatility strategies
- Alternative investment
- Wealth management
- Big and Unstructured Data sets
- Commodity & Natural Ressources
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.
Hamid Boustanifar
Hamid Boustanifar
Dennis Davy
Dennis Davy
Dennis Davy has taught soft skills, humanities and English in a variety of contexts since 1980, in Germany, Japan, Algeria, Qatar and Oman.
Inge De Clippeleer
Inge De Clippeleer
Leadership Development Chair Affiliate Researcher
Inge De Clippeleer is Head of Faculty of Management and Humanities, and Associate Professor of Organizational Behavior and Leadership at EDHEC Business School.
Geert Demuijnck
Geert Demuijnck
Geert Demuijnck, PhD, is Professor of Business Ethics at EDHEC Business School. He joined the school in 2008. He teaches courses in business ethics, economic ethics and philosophy.
Laurent Deville
Laurent Deville
Financial Economics Track Director
Laurent Deville, PhD, is Associate Professor at EDHEC Business School (on leave from CNRS, the French National Center for Scientific Research) and Director of the Financial Economics Track.
Gianfranco Gianfrate
Gianfranco Gianfrate
EDHEC-Risk Climate Impact Institute Research Director
Gianfranco Gianfrate is Research Director of the EDHEC-Risk Climate Impact Institute and Professor of Finance at EDHEC Business School.
Daniel Haguet
Daniel Haguet
Mario Hernandez Tinoco
Mario Hernandez Tinoco
Mario Hernandez Tinoco, Ph.D, is Associate Professor of Finance at EDHEC Business School.
Abraham Lioui
Abraham Lioui
EDHEC-Risk Climate Impact Institute Affiliate Member
Moïse LOUISY-LOUIS
Moïse LOUISY-LOUIS
Teaches financial & managerial accounting, advanced financial accounting topics, financial statement analysis, and international finance topics to undergraduate and graduate students
Moise LOUISY-LOUIS, PhD, is an Assistant professor at EDHEC Business School (Nice campus), where he teaches financial & managerial accounting, advanced financial accounting topics, financial st
Lionel Martellini
Lionel Martellini
EDHEC-Risk Climate Impact Institute
Lionel Martellini s a Professor of Finance at EDHEC Business School and the former Director of EDHEC-Risk Institute.
Julia Milner
Julia Milner
Leadership Development Chair Research Associate
Gianpaolo Parise
Gianpaolo Parise
Gianpaolo Parise is a Professor at EDHEC Business School and a CEPR research affiliate.
Kim Peijnenburg
Kim Peijnenburg
Kim Peijnenburg received her Ph.D. in Finance from Tilburg University in 2011. Kim was a faculty member at HEC Paris from 2016 to 2018 and Bocconi University from 2011 to 2016.
Florian Pelgrin
Florian Pelgrin
Florian Pelgrin, PhD is a professor at the faculty of Data sciences, Economics, and Finance.
Riccardo Rebonato
Riccardo Rebonato
EDHEC-Risk Climate Impact Institute Scientific Director and Programme Director (Impact of Climate Change on Asset Pricing and Investment Management)
Riccardo Rebonato is Scientific Director of EDHEC-Risk Climate Impact Institute and Professor of Finance at EDHEC Business School.
Mirco Rubin
Mirco Rubin
Mirco Rubin holds a Bachelor and two Master Degrees in Economics and Finance from Ca' Foscari University of Venice, Italy and a Doctorate in Finance and Economics from the Swiss Finance Instit
Enrique Schroth
Enrique Schroth
Director of the PhD in Finance Program
Enrique Schroth has joined EDHEC Business School in July 2019 as Professor in Finance.
Gohar G. Stepanyan
Gohar G. Stepanyan
Academic Director of Online MSc in Corporate Finance
Gohar Stepanyan, PhD, joined EDHEC Business School in Fall 2016 with over ten years of professional work experience.
Pascale Taddei Valenza
Pascale Taddei Valenza
M'assurer de la qualité des recrutements des vacataires et des cours.
Professor Pascale Taddei Valenza is a full-time faculty member who joined EDHEC Business School in 2001. Her primary teaching areas are Management accounting and Management control.
Nikolaos Tessaromatis
Nikolaos Tessaromatis
All students must complete a Master’s project, which provides the opportunity to develop strong writing and analytical skills and to gain expertise on a given topic.
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.
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.
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
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.
CAREER IMPACT
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
Location of jobs abroad
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 55000 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.
Admissions
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.
Studies level - required diploma
EDHEC seeks talented candidates from diverse backgrounds, with a history of strong academic achievement and demonstrated potential for growth and professional success.
- 3-year bachelor degree minimum.
- English proficiency tests with minimum scores of:
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- TOEFL Internet-based ≥ 92
- TOEIC ≥ 850
- IELTS ≥ 6.5
- Cambridge Test of English > 175
- English native speakers or those holding a degree taught in English (minimum 3 years) are eligible for an English Test waiver.
- GMAT or GRE or TAGE MAGE or CAT (for Indian students only) are optional for admission, but a strong test score would add weight to your application. Holding CFA Level II gives you an automatic GMAT or equivalent management aptitude test waiver.
- CV
- Letter of motivation
- Academic transcripts
- Two letters of recommendation
- Online interview to complete
How to apply?
EDHEC International admissions process
Here is everything you always wanted to know about EDHEC's admission process.
Wherever you come from, a dedicated admissions manager will be there to guide you all the way through your application.
If you want, our admissions manager can arrange your individual consultation session and talk to you.
And if you need more info to make your final decision. You can get in touch with current students or EDHEC's Alumni.
First come, first served. There's a rolling admission process until June.
More questions? EDHEC has strong scholarship schemes to help excellent students reach their dream school. Do ask for details and eligibility.
It doesn't stop there. Our international students office will help you with the French administration process and accommodation. Plus your admission manager remains available once you're on campus.
So let us guide you all the way through. Don't hesitate to contact us now.
Your application file will be processed by the Admissions Team and sent to the Selection Committee for appraisal. The Selection Committee takes place on a rolling basis from October to June 7. We would advise you to apply early to make your application stand out.
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.
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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.
USEFUL INFORMATION
- 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.
Want to ace your GMAT?
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.
Tuition fees
- APPLICATION FEE: €100
- FEES: €28,950*
- APPLICATION DEADLINE: JUNE 7
► Please note: Applications are received and evaluated on a rolling basis until June 7.
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
Helping you settle in France
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
Admissions FAQs
When is the programme application deadline?
June 7 for a September intake
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?
- Recommendation template
You can use our templates, or the recommendation can be hand-written.
Will the International Admissions’ Team contact my referees to request letters of recommendation?
No, referees should email their letters of recommendation directly to [email protected] using their professional email. Emails from personal accounts such as yahoo, gmail, hotmail, etc., will not be accepted.
Will my referees receive automatic confirmation when they send a letter by email?
No, no automatic email will be sent to your referees. Please inform them that they should expect to receive an email confirmation later from the Admissions’ team.
Please note that you will also be copied on the email acknowledging receipt of the letter of recommendation.
Will I have an interview with the Programme Manager?
Students that apply to the MSc In Financial Engineering will have a direct interview with the direction of the programme.
How is the online interview conducted?
Once your online application is complete, the International 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: 6563
EDHEC Master of Science: 6564
*(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?
Once the Selection Committee has accepted your application, you will receive an acceptance email including your tuition fee payment schedule. In order to secure your place you have to pay the 1st instalment within 3 weeks.
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.
Scholarships
How to finance your Master’s?
As part of its strategic plan to "Impact Future Generations", 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.
EDHEC Business School's comprehensive scholarship scheme aimed at MIM & MSC candidates
So my name is Michelle Sisto I am the associate Dean for graduate studies at EDHEC Business School. So within that perimeter, it englobes the PhD programme, our
programme Grande Ecole, Master in Management and all of our specialised MSc programmes.
[Music]
“What types of scholarships and financial aid does EDHEC offer to international students?”
Regarding scholarships available for international students, and even for our French students, EDHEC has a strong belief in making education possible for students coming from diverse horizons, backgrounds, and have both the economic levels and what they studied previously, regional differences, and so we've put in place a multitude of opportunities for scholarships to encourage that diversity in our classrooms. We have some scholarships that are academic merit-based, aiming for excellence in the profile of students. We have some scholarships that are more oriented for particular regional areas, and we have some scholarships that are also oriented towards diversity. For example, women in finance and women in data science, where we see that we still don't have a sufficient number of women in those areas in the profession, and also in the programmes. And then we also have scholarships
that can be requested, when students are actually in the programme, should there be an instance where somebody's situation changes dramatically while they're already a student here. We have a special commission that looks at changes in the situation for exceptional scholarships.
[Music]
“What is a merit-based scholarship and what are the selection criteria?”
So our merit-based scholarships are really based on the profile of our candidates. What we're looking at, when students apply to our programme Grande Ecole and to our MSc programmes, we're looking at their full profile. So their academic background, how they perform in their previous academic studies… We're looking at things like their score on GMAT or the TAGE MAGE or the CAT exam, some kind of aptitude test. We're also looking at the type of school that they went to previously, but that's not the major issue.
It's really where they were. Did they perform really well? And as EDHEC academic excellence is a key driving force for education, we want to offer scholarships to encourage those types of profiles to come to EDHEC. Because we know they have choices amongst diverse, very strong schools, and our aim is to bring the very brightest and the best to EDHEC.
[Music]
“How does EDHEC approach need-based scholarships for international students?
For need-based scholarships, we have one system for our French students, and then for international students, we're looking at the profiles of our students. What we will look at
is, what is their overall situation, what is their profile and how can we make an offer to them that would render their participation and education in EDHEC more feasible for them.
[Music]
“Describe EDHEC’s new approach to scholarships”
As I mentioned earlier EDHEC really believes in bringing diverse and excellent profiles to our school, and so our approach in terms of scholarships is evermore going in the direction of diversity and inclusion. So we're currently offering, as I mentioned, a scholarship for women in data science and in finance. We also have scholarships that are called the “make and impact” scholarship, and “make an impact” is our tagline at EDHEC. Our strategic plan is really EDHEC for future generations, and so we're looking for this “make an impact” scholarship, for students who have shown in the past that they're willing to engage in their local communities and environmental projects. With coming to EDHEC, the education that they're going to receive here, is going to propel them forward to the next step where they'll make an impact, a further impact, and so what we do for that scholarship is, we ask students to apply with an essay and tell us something about what they've done in the past and where they wish to go. And so for those students, we have a special scholarship. We're also looking to increase now, in line with our strategic plan, for greater diversity and inclusion on socioeconomic as well as cultural, regional, gender differences, and expand our portfolio of scholarships. So we're working on offering more scholarships for high potential women, specific scholarships for certain regions. In terms of regional scholarships we already have some for example: with the French embassy in India we have a special scholarship that pays up to 15 percent of students tuition fees, likewise in Russia with a scholarship that's a hundred percent for a student applying for an MSc with an excellent profile. We work with Campus France. We also have Eiffel scholarships. In Colombia for example, we work with local players like ColFuturo and there's lots of information on the website so anyone who's wishing to apply to EDHEC should definitely look at the “financing your studies” part and reach out to our admissions team to get more information as to what financing is available from their particular region. As we move forward, we will continue to expand this offer both in terms of the number of scholarships and in terms of the amount.
Currently EDHEC issues about 5 million euros in scholarships every year across our graduate studies. About a quarter of all of our students do receive some type of financial aid, and part of our plan moving forward is to expand that to an even higher percentage of students. And for some of our students, to go all the way up to 75% of tuition fees that would be covered for those who are the most in need, notably students coming from particular backgrounds or potentially zones of conflict, or refugees and, or recent immigrants from areas that have been touched negatively by world events.
[Music]
“Why is diversity important to EDHEC? How does it relate to your mission to make an impact?”
Well thank you for that question, I think that you know we're in the age that we're living in right now, we've seen that diversity and inclusion is a global issue. We have some researchers within our school, who study the positive impact of diversity and inclusion on the performance of companies. But we believe that diversity and inclusion is essential, to bring a diversity of perspectives to solving some of the major societal stakes that we're facing right now, the challenges that we're facing. So what do we mean by that? Now when we talk about women in finance and women in data science, with the algorithms that are currently directing quite a bit of our lives right now. If the data that goes into those algorithms or the people who are writing those algorithms are not representative of the society at large, then we may end
up with situations where they're detrimental to certain aspects of certain groups in society.
Algorithms that scan CVs, algorithms that give us suggestions for what we should be reading or watching or eating even. So I think that diversity is necessary to have a more equitable society. Things like climate change, bringing together people who come from diverse backgrounds around the world, seeing how its impacts differ around the world and how we can globally work together to find solutions. Of course the strongest element recently is the global pandemic, and we can see that something like this can only be solved by global collaboration.
So bringing together people from all over the world and these diverse perspectives, what we hope to do is to encourage our students to grow into leaders with a global perspective, in order to collaboratively solve some of the big problems that we're facing now.
[Music]
"Are your scholarships fee waivers only or do you also offer financial support for travel, housing, and other study expenses?”
Currently EDHEC’s scholarships focus on the tuition fees, although some of the people that we partner with do offer stipends for living, for example the Eiffel scholarship. To be eligible for the Eiffel scholarship, students need to apply and be admitted before early December but that is a scholarship that is within the French ministry and that covers about 1200 euros a month stipend for students in order to cover living expenses, rent…and there are some scholarships that also look at fees for the flights to and from France. So it varies but the bulk of our scholarships are really just focused on the tuition fees.
[Music]
“Any scholarship application tips you’d like to offer?”
My first tip would be to make a request. Don't hesitate to make a request. As they often say: if you don't ask, you certainly don't receive. So not to be shy in reaching out and aiming for one of our scholarships. I think another tip would be, for the scholarships that require essays, to take the time to build an essay that really responds to the question that's asked for the particular scholarship, and make it quite personal. What we want to do, when we're evaluating these essays, is get to know the person behind that essay. What's their real desire to make an impact for example, if it's in line with the sustainable development goals, and convince us
that you're somebody who would bring your expertise, your enthusiasm, your drive, and your values to our community, here at EDHEC. And lastly, I would say, be absolutely authentic in what you say and what you write.
[Music]
“Is there anything else you’d like to share?”
So I'd just like to add, that you know, beyond the direct scholarships that we've talked about here, at EDHEC there's an institution-wide number of initiatives in order to offer our education and render education more affordable to a wide group of candidates. For example, in our undergraduate programmes, there are students working on a programme that's called “Cordée de la réussite”, where they're going into local high schools, that tend to have and be in areas, that are considered considered disadvantaged or that don't have as high proportion
that go into higher education, to encourage those students to believe that they can access and succeed in higher education. And then we offer up to 75 percent of fees for students who come through that path. In addition, over the last year, I think one area that we're very happy with and grateful for, is during the pandemic we made a call out to all of our alumni and to some of our corporate partners to request additional funding for direct additional scholarships to students. Unfortunately, we had a number of students over time whose family situations changed. Either their family business had a problem or that sadly there was some severe illness or even death in the family. So we wanted to make sure that those difficult events didn't also have an impact on our students' ability to continue with their education. And our alumni really stood up to the call and we raised close to a half a million euros for direct additional aid to our students. So I think there's a very strong sense of community at EDHEC,
and we hope that the students for whom we can make this extra offer available, will continue to be part of that community as they move on to their careers afterwards, and be part of a virtuous cycle of ongoing financing of studies for everyone.
[Music]
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 in their tuition fees. The scholarship supports high-profile candidates based on the excellence of their academic profile, extensive experience and/or extracurricular activities.
Application deadline:
- June 16th for MSc
- June 23rd for MiM
A select range of country and sector-specific scholarships are also available:
- EDHEC Women in Finance and Data Science Scholarship ‒ a 35% reduction in tuition fees
- EDHEC Women in Business Scholarship ‒ up to a 35% reduction in tuition fees
- EDHEC Cultural Diversity Scholarship ‒ up to a 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 through a reduction of up to 75% in 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 35% of 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 a 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 - GERMAN - 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
INDIA
MEXICO
- Fundación Mexicana Para La Educación, La Tecnología y La Ciencia (FUNED)
- Bourse Banco de México – FIDERH (Fondo para el desarrollo de Recursos Humanos)
RUSSIA
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.
ALBANIA
AUSTRIA
BELARUS
-
Open Europe Scholarship Scheme programme from the European Union
-
The French Embassy in cooperation with the Belarus government
BOLIVIA
BRAZIL
BULGARIA
-
L’Institut Français de Sofia in cooperation with the French Embassy
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
CYPRUS
- Ministry of Foreign Affairs of the Republic of Cyprus
- Merit scholarship from the Ministry of Education and Culture of Cyprus
EGYPT
EL SALVADOR
ESTONIA
- Kristjan Jaak Scholarship programme from the Ministry of Education and Research and the Archimedes Foundation
- Bourses du Gouvernement français de l'Ambassade de France en Estonie
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
GEORGIA
GERMANY
- Apply to: Deutscher Akademischer Austauschdienst e.V. (DAAD), Referat 312, Postfach 200 404, D-53134
- BAföG (for MiM programmes)
GREECE
HUNGARY
INDIA
INDONESIA
- The French Embassy in 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”
LATVIA
LEBANON
MACEDONIA
MALAYSIA
MEXICO
MOLDOVA
MOROCCO
NETHERLANDS
NIGERIA
PAKISTAN
PHILIPPINES
POLAND
ROMANIA
- The French Embassy in Romania
- Nicolae Titulescu Scholarship programme from the Romanian government
SAUDI ARABIA
SERBIA
SINGAPORE
- Financial Scholarship Programme (FSP) by MAS (Monetary Authority of Singapore)
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
- WorldWideStudies by Victor Pinchuk Foundation
- Bourses du Gouvernement français de l'Ambassade de France en 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 program 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
*Depending on your background, you may be required to take some remote and self-paced courses in July-August prior to arriving on campus.
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.
Evaluate my profile
Our dedicated team of International Recruitment Managers and Country Managers are here to help you in your application process and check your eligibility for your preferred programme and help identify which scholarship you might be eligible for.
FAQ of the MSc in Financial Engineering
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 any 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.
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.
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