20/12/2023
IE Business School’s Master in Finance is a highly sought-after program that receives many applications every year. So, we sat down with the Global Recruitment and Admissions Team to discuss some of the most common doubts that arise during the admissions process.
A career in the finance sector remains a sought-after path for students aspiring to a dynamic and financially rewarding future. Our Master in Finance serves as an ideal launchpad into this realm, equipping you with the essential expertise needed to thrive in an intensely competitive landscape. Covering an array of domains, including investment banking, global markets, asset management, real estate finance, fintech, and beyond, our program delves into sophisticated financial theories and concepts, positioning graduates as adept specialists poised for success in the field.
Certainly, securing admission to this exceptional program is the initial step. Here, we address common queries from candidates navigating the admissions process to help you succeed in gaining entry to this world-class program.
What are the suggested scores for the entrance exams required for admission?
As part of your application to the Master in Finance program, you have to take one of four entrance exams. You can choose between the GRE, GMAT Focus Edition, CFA level I, or CAIA level I.
Should you opt to take the GMAT Focus Edition, we recommend a score of 605-755. As for the GRE, we recommend a score of 322-340.
What can I do to make my application more competitive?
Our top tip here is that it’s a good idea to not only reflect your academic and professional experience but also focus on how else you can add value to the Master in Finance and the IE Community at large.
Further, your letter of motivation and personal interview should showcase elements that your online application doesn’t cover. We want to understand why you wish to join the program and see your passions and personality mirrored in your application.
Can I submit my entrance exam after submitting my online application?
Yes, you can submit the entrance exam or any other exam results, including the English certificate, after submitting your online application.
What if I have no full-time work experience? Is having completed internships enough?
Possessing experience across the various sub-sectors of finance will stand you in very good stead. This helps give you a broader view of what the world of finance has to offer.
The Master in Finance is known as a ‘pre-experience’ program, meaning we don’t require any prior professional experience. That said, undertaking finance-related internships will be advantageous.
Even if you are still determining which area of finance best suits you before coming, the introductory Start Module and the core period help deliver a comprehensive overview of the field. This knowledge will allow you to make an informed decision on your specialization before you pick your electives.
Do the job opportunities related to the Master in Finance only apply to Spain?
Around 60% of the job offers from our program are located throughout Europe, while the remaining 40% are based in Spain. IE Talent & Careers is ready to help you find the right career opportunity for your profile.
Does IE University take a proactive approach to career advice?
Not only is the dedicated IE Talent & Careers department on hand to offer you advice and guidance on your professional journey, but they also host a series of valuable networking events throughout the year to help you connect with top employers and recruiters. Our most recent networking events have been attended by recruiters from J.P. Morgan, Deutsche Bank, Morgan Stanley, Citi and Barclays.
You also have access to countless job opportunities via the IE Career Portal. Our advisors are always available to offer valuable career tips, help you perfect your resume and job applications, and refine your interview techniques.
How do the Spring and September intakes differ?
The Spring intake is slightly longer, with the program lasting 15 months. This means you have more time to prepare for the recruitment season, which tends to start in September. There are also more courses to explore in April, with Investment Banking, Private Equity and Real Estate being included in the core period. Moreover, it will generally give you more breaks over the year.
Take the next step
We hope this article has helped resolve some of your doubts about applying for the Master in Finance. If you want to make an impact on economies around the world, you now have all you need to make the move toward your future.
