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Master Programmes

INSEAD Executive Master in Finance

Executive Master in Finance

Designed for experienced finance professionals to accelerate careers without taking an extended leave of absence.

At a Glance
18 Months
6 on-campus modules of 2 weeks each
One Intake
35 result(s) found


For admission to INSEAD EMFin programme, can you waive the GMAT, GRE, EA, INSEAD Assessment or CFA Level 1? Is there a minimum score I need to have?

Since this is a rigorous academic programme, the GMAT/GRE/EA/INSEAD Assessment or CFA Level 1 is a mandatory admissions requirement and cannot be waived. While we do not have a minimum score needed to apply, we encourage applicants to aim for a score in the 80th percentile (160) or better in the GRE, 70th percentile in the GMAT, and at 12 or above for the EA test, to be competitive with the other applicants. Since this is a finance programme, more weight is given to the quantitative section of the tests.

Learn more about your assessment options. 

Can I get feedback on my profile before I apply?

Yes, we are open to reviewing CVs from potential candidates and giving feedback on their profiles. To submit your CV or ask specific questions, please Contact Us.

Can I postpone my application submission to the next round?

If you choose to delay submission of your application until the following round of the same intake, your application form details will be saved automatically. Note that access to your form will be temporarily disabled from 00:00am (Central European Time) on the day of the deadline, as the system will shutdown for about four days. Access to your form will resume once the temporary shutdown period ends, so you can continue editing it.

Please bear in mind that if you miss all four rounds of a particular intake, your application form and its entire contents will expire. At this point, you will be required to complete a new application from scratch, for the next intake.

Do I need to send hard copies of my transcripts?

The application process is entirely online, and you will be able to upload soft copies of your transcripts and degrees. Once you have been offered a place on the programme, we will ask you to send us hard copies of your certified transcripts and degrees. See the Application Checklist under Admissions for more information.

How many years of work experience do I need to have to be eligible to apply?

Since this is a post-experience master’s programme we prefer applicants with seven to ten years of experience in a finance-related role. Applicants with less experience who demonstrate strong quantitative skills and exceptional maturity through their professional and personal experience may also be considered.  

When will I know the final decision on my application?

Once your file is complete, the Admissions Committee will review the application and will take a decision. You will be advised of the final decision by an email within 3 weeks of the admissions deadline. Click here for more information on the Admissions Process

Structure & Curriculum

What is the class size?

We plan to have 30-40 participants for each intake. See the current EMFin class profile. 

What is the relationship between INSEAD and the CFA Institute?

CFA Institute partners with a limited number of globally diverse, select institutions that are recognised leaders and serve as role models for other institutions. These universities cover a significant portion of the CFA Program Candidate Body of Knowledge, including its ethical and professional standards, in their degree programmes. The INSEAD Executive Master in Finance programme is recognised as a CFA partner, because of the large number of finance core and electives in its programme. As part of the partnership, INSEAD students are entitled to apply for scholarships, have access to CFA Institute curricula, journals, webcasts, and other educational resources. For more information,  on the CFA Programme Partnership.

Which campus is this programme offered on?

The programme is primarily offered on the Asia campus with five modules taking place in Singapore and one module on the Europe campus in France. Click here to see the Programme Schedule under Curriculum.

Do I need to study when not on campus?

Yes, there is significant work to be completed between modules and this independent study time equates to approximately 17 weeks. There is a compulsory leadership capstone module to be undertaken. Click here for more information on the Curriculum.

What is the duration of the programme?

The programme duration is 18 months and it comprises 6 on-campus modules of 12 weeks in total.

Can the programme be done online?

Our classes are highly interactive and the power of personal relationships is part and parcel of the programme. Our faculty are experts at tapping into the experience and knowledge of the participants in the room to encourage the exchange of best practices and collective learning. Therefore, the programme cannot be done online.

How many intakes do you have every year?

INSEAD's Executive Master in Finance has one intake every year, starting in September.

Is this a part-time or a full-time programme?

This is a modular programme which means that you are working while you are studying. You will need to make time to spend 2 weeks full-time on campus when the modules are in session (12 weeks in total), and spend significant time on independent study in between, so it is important that you have your employer’s support to attend the programme. Click here to view the Programme Schedule under our Curriculum, and here for more information for Sponsoring Companies.

Financing & Scholarships

Do you offer any scholarships?

Yes, INSEAD offers scholarships for EMFin programme every year. You can apply for a scholarship, once you are admitted to the programme. Applicants need to be self-funded or partially sponsored to a maximum of 50%. 

What loans are available for INSEAD students?

You can first talk to your local bank where you have an account. You may also consider local country options, INSEAD Global loans like Lendwise, Prodigy Finance and Juno (U.S. Citizens and International Students with a valid U.S. cosigner).

What are the programme tuition fees?

The tuition fee for EMFin September'23 Intake is SG$97,500 (including GST). It covers tuition and supporting services including all printed course materials, on-campus IT services and access to the INSEAD library. It does not include travel or accommodation expenses.

Can I be awarded more than one INSEAD scholarship?

Awards are generally not cumulated.

What is the % of the Class with a scholarship and what is the average award? 

Around 40% of the EMFin Class receive a scholarship. The average award is 10% of the tuition fees.

What is the fee payment schedule? 

Payment schedule for EMFin September 2023 Intake:

Instalment Due Date Amount for self-funded participants Amount for company-sponsored participants

First Instalment

Within one month of admission*

SG$ 11,000

SG$ 11,000

Second Instalment

20 August 2023

SG$ 56,000 

SG$ 86,500

Third Instalment

10 January 2024 SG$ 30,500



When will I be informed on the scholarship decision?

The Scholarship Committee will communicate the decision by e-mail within two weeks after submitting an application for the most of scholarships. Some scholarships have specific deadlines.

How many scholarships can I apply for?

We encourage you to limit your applications to a maximum of 2 scholarships.

How can I fund my studies?

In general, the funding doesn't come from only one source. Students use INSEAD Global loans, savings, personal loans, family gifts, sponsorships, INSEAD or national scholarships and loans. 

Information for Sponsoring Companies

How much time will the sponsored employee spend on INSEAD’s campus?

The Master in Finance consists of a total of 12 weeks of residential learning during the 18-month programme. The modules are two weeks long and are spaced three months apart. In addition to the time spent on campus, there is significant project work to be completed during modules, giving the sponsored participant the opportunity to apply classroom theory to the workplace.

What happens if the employee leaves after we’ve sponsored the Executive Master in Finance?

Participants in INSEAD’s Executive Master in Finance programme have demonstrated their drive and ambition by pursuing a rigorous degree while working. Upon graduation, they will be eager to take on more responsibilities within their organisations. That said, many companies use a variety of loan agreements tied to length of service to encourage sponsored candidates to stay on. The terms of these agreements are entirely up to the parties involved, but usually include a percentage repayment of the sponsorship if the employee leaves within a specified time frame.

How much does it cost?

2023 intake: SG$97,500 includes GST.

Programme fees cover tuition and supporting services including all printed course materials, on-campus IT services and access to the INSEAD library. The programme fees do not include travel or living expenses, which will vary depending where in the world your organization is located.

As a sponsoring employer, you may choose to take on the full cost of tuition and expenses or some percentage. Many employers see the cost as a worthwhile investment and fund the entire tuition; others share the cost with the employee or provide attractive financing options.

Not all forms of support are financial. You can also encourage and support your employee’s effort to pursue continue his or her education by offering flexibility: the ability to take leave to attend classes and complete modules, or a lighter workload during the course period.

Can sponsoring companies receive preferential pricing?

Yes. INSEAD offers a variety of pricing arrangements to organisations interested in sponsoring multiple participants over a number of intakes. To learn more contact:

Hazel Cui
Assistant Director, Executive Master of Finance

[email protected]

Is a modular Executive Master in Finance equivalent to a full-time Executive Master in Finance?

Absolutely. INSEAD’s Executive Master in Finance is designed to be rigorous yet relevant for individuals wanting a serious career in finance. We target high potential finance professionals with seven to ten years work experience who are ready to invest the time and energy needed to pursue a rigorous degree while advancing their careers.

Career Development

Can I get individual career counselling during the programme?

Yes, you will have the opportunity to meet with a Career Counsellor, face to face, or via Skype, to build on the work you will do during the workshops we offer.  The Career Counsellor will help you reflect on your career, work on your strategy, assess your next steps and monitor your progress.

Do I need to quit my job to join this programme?

No, the programme is modular in structure which means that you can work while you are studying. However, you need to be on campus when the modules are in session which is a total of 12 weeks over a period of 18 months, so you will need your employer's support to be able to attend all modules. Learn more about how you can fit your study around your work. 

Do you provide on-campus recruitment?

Yes, you have full access to all events in the twice-yearly on-campus recruitment campaigns to deepen your knowledge and network with recruiters.  You can also consult and apply to opportunities posted on our job platform CareerGlobe.

How can I find out which companies recruit at INSEAD?

You can find a list of companies recruiting MBAs at INSEAD in the latest Employment Statistics available online. The majority of these companies are regular recruiters on campus or companies with which the Employer Engagement Team at INSEAD’s CDC have established relationships.

How easily can I progress in my career after INSEAD?

Some career progressions can be made more easily than others and are influenced by previous professional experiences, knowledge of the market, languages, etc.  Identify your career goals early on and work in conjunction with the CDC staff to prepare for these progressions.

What are my chances of securing a job outside of my home country?

Some recruiters see an intrinsic value in hiring international graduates and are used to securing work permits for employees. For other recruiters, it depends on whether the skills you have are in demand in that specific geography (language abilities, experience in certain markets, etc.) to justify the extra burden of obtaining working papers. The delay in obtaining a work visa can vary considerably, and is impacted by both the applicant’s own nationality and the country in which the applicant wishes to work. There are some countries for which working papers may be more easily obtained for INSEAD graduates. 

What workshops do you offer?

A series of workshops is organised by the CDC for your programme.  These are on the themes of Career Strategy, Networking and From Expert to Leader.