Master in Advanced Finance | IE Business School

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Master in Advanced Finance

A one-year finance program developed by capital market professionals in line with the demand of the finance recruiting market.

  • Length:
    12 months
  • Label:
    Masters in Finance
  • Profile:
  • Language:
    In English
  • Format:
  • Go to program

The Application Process

At IE Business School, we take a holistic approach to evaluating your application. We look at every aspect of your profile. It is therefore essential you include detailed information on relevant academic, professional achievements, and any other details that you feel will strengthen your application.  

Online application

Online Application

The online application form completed in English (

Do invest sufficient time in preparing all the parts of the application process!

Given the differing professional demands of each individual, IE Business School offers a rolling admissions process. As such, there are no submission deadlines for any particular intake. However, given the limited number of places in the program and the diverse student body, it is highly recommended you present your application approximately one year prior to program commencement, especially as seats fill far prior to the program start.

Entrance exam & other documents

Entrance exam & other documents

You can choose one of four options:

  • GMAT (680 average - GMAT reporting code 6XT-ZH-93)
  • GRE (GRE reporting code 0108)
  • CFA Level II
  • CAIA (both level I and II are acceptable for all finance programs at IE)
    • A Bachelor's degree at an accredited college/university or equivalent.
    • Language certificate for non-native speakers:
      • TOEFL ibt 100 (Reporting Code: 0707)
      • Pearson PTE Academic 73
      • IELTS 7.0
      • Cambridge CAE or CPE
    • Supporting documents:
      • A one-page C
      • Two recommendation letters
      • Original undergraduate university transcripts and diploma or expected grades if you have  not yet completed your degree
      • Copies of other relevant degrees, certificates or accreditations (as applicable)
      • Copy of current passport
      • 1 passport-size photo
      • Application fee of €120

Formal Interview & final decision

Formal Interview & final decision

The formal interview is the last step of your application process

* The Formal Interview:

The interview examines the data provided in the application in greater detail and evaluates whether your profile  meets the demands of the program and adds value to class discussions and group work. Normally candidates will go through one interview, but the Admissions Committee may contact you for a second interview.

Recommendations for the interview: prepare well, do your research, and show us you are a potential finance professional!

* Final Decision:

Following the interview and upon review of your entire application, the Admissions Committee will make its final decision based on the evaluation of your application as a whole.  A final decision typically takes two weeks from the interview, assuming all documents have been received.

Admissions Department

  • Calle María de Molina, 11-13-15 28006 Madrid
  • TEL +34 91 568 96 10

Your personal data will be entered into a file belonging to Instituto de Empresa S.L. for the purpose of sending you information on its activities.

You consent that all communications may be made by electronic means. 

You can exercise your rights of access, rectification, cancelation and opposition in accordance with current legislation (Data Protection Act 15/1999, December 13th) by requesting to do so, in writing, addressed to Instituto de Empresa at Calle María de Molina, 13, 28006, Madrid, or by e-mail to

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