Master in Finance

The INSEAD Master in Finance prepares graduates for global careers in investment banking, asset management, private equity and venture capital, consulting, fintech, and corporate finance, equipping them with the analytical, strategic, and leadership skills to succeed in high-impact finance roles worldwide.

Students receive comprehensive, end-to-end career support throughout the programme and up to six months after graduation. This includes pre-arrival preparation, dedicated career coaching, interview and technical training, CV and personal branding support, mock interviews, and peer coaching. Students also benefit from strong employer and alumni engagement through career fairs, company presentations, global treks, and recruiting events aligned with international finance hiring cycles.

Students can participate in career treks to major global finance hubs, designed to align with recruitment timelines and employer availability. These include a London study tour early in the programme (September), an optional pre-programme Hong Kong trek (late August) aligned with Asia hiring cycles, a Paris or Zurich trek (November), an optional Dubai trek (late February) timed with the campus transition, and a local Singapore trek (March). Treks typically combine company visits, alumni networking, and industry insights, giving students direct exposure to employers and regional finance markets.

Yes. Students have multiple opportunities to meet and engage with companies throughout the programme through career fairs, finance and consulting forums, company presentations, employer information sessions, alumni panels, and global and local treks to key finance hubs such as London, Paris, Singapore, Hong Kong, and Dubai. These interactions are aligned with global recruitment timelines, enabling students to build relationships with employers during internship and full-time hiring cycles.

Yes. Students receive personalised career support throughout their studies, including one-to-one career coaching, tailored interview preparation, CV and cover letter feedback, and targeted guidance based on individual goals, markets, and recruitment timelines. You will be able to consult with your career coach at any time on your career journey. An employer engagement specialist will also be available for individual sessions to discuss the specifics of a sector, function and/or country.

Yes. The Career Development Centre works closely with the alumni community and regularly invites alumni to share industry insights and career advice through panels, talks, videos and on-campus activities. You will also meet alumni through career treks and networking events, giving you opportunities to build meaningful professional connections throughout the programme.

Job outcomes depend on employer hiring strategies and your individual profile, including skills, experience and work authorisation. The Career Development Centre will work with you to clarify your career ambitions, assess opportunities across markets and develop a targeted recruitment strategy aligned with your goals.

Yes. INSEAD awards several scholarships in each admissions round based on the application submitted. These include Diversity Scholarships, Excellence Scholarships and the Future Finance Leaders Women’s Scholarship. No separate scholarship application is required, and only successful candidates will be notified of an award at the time of admission.

Diversity scholarships are awarded to MIF candidates who contribute to the diversity of the class through their background and personal profile.

Excellence scholarships recognise candidates who demonstrate outstanding academic achievement and personal accomplishments.

Future Finance Leaders Women’s scholarships are awarded to high-performing women admitted to the programme who are pursuing a career in finance and demonstrate strong academic potential.

Successful candidates for the Diversity, Excellence and Future Finance Leaders Women’s scholarships will be notified upon admission.

No. Candidates may receive only one INSEAD scholarship award.

Diversity, Excellence and Future Finance Leaders Women’s Scholarships are awarded at the time of admission based on the strength of your application. No separate scholarship application is required. To learn more about these scholarships, click here.

You can explore INSEAD Global loans, local options by country and scholarships here. 

The tuition fee for the Class of MIF 2027 is €57,800. It covers teaching fees, all academic materials, access to the school library, IT services, and access to the fitness centre (Europe and Asia Campuses).

The tuition fees are payable in four instalments:

First instalment: €8,500
within 2 weeks of admission (non-refundable)

Second instalment: €30,000
by 26 June 2027 for rounds 1, 2 and 3
by 18 July 2027 for round 4

Third instalment: €19,370
by 31 January 2028

MIF students can expect total estimated living expenses of around €22,000 for the duration of the programme. Actual costs may vary depending on your housing choices, lifestyle and personal circumstances. Further details are available here.

Most students finance their studies through a combination of sources rather than a single option. These may include personal savings, loans, family support and INSEAD or external scholarships. A paid internship towards the end of the programme may also help offset some costs. To learn more about INSEAD Scholarship for the MIF, click here.

Your score is valid for five years prior to application deadline.

You may submit your application before taking the required test. However, your application will be considered incomplete and will not be reviewed until all required test results have been received.

INSEAD accepts the GMAT, GRE and TOEFL, including approved online and at-home testing formats, subject to availability by location.

GMAT: You may take the GMAT either online or at a test centre. The GMAT Online Exam is available in most locations, except Mainland China, Cuba, Iran, North Korea and Sudan due to regulatory and data privacy restrictions.

GRE: The GRE at Home test can be taken worldwide, except in Mainland China and Iran.

TOEFL: ETS offers the TOEFL iBT Home Edition. An alternative TOEFL testing solution is available for candidates based in Mainland China.

For the most up-to-date registration details, please refer directly to the GMAT, GRE or TOEFL provider websites.

When reporting your scores, please use INSEAD’s full name: Institut Européen d’Administration des Affaires.

GMAT (via Pearson VUE): INSEAD — DL3-S8-07 (INSEAD MIF)

GRE: 2847

Please ensure your scores are sent directly to INSEAD to complete your application.

INSEAD does not provide waivers for the GMAT/GRE fee.

If you have reported more than one score to INSEAD, the Admissions Committee will still consider the full history of your GMAT/GRE attempts, but will place the greatest weight on the highest score you achieved. Also, if you have obtained a satisfactory percentile in one section of the test but a lower percentile in the other, and vice versa in a second test, the Admissions Committee may consider that you have reached a sufficient level overall, provided the second test does not show too significant a drop in the lower element.

Yes, you may submit your application before taking the GMAT or GRE. However, your application will be reviewed only once all required components have been received, including your test score. You may take the GMAT or GRE up to the admissions deadline.

GRE: Please upload a copy of your unofficial score report as part of your supporting documents.

GMAT: You may submit your application without uploading a score report, but your official GMAT score must be sent directly to INSEAD after you complete the test.

INSEAD does not have a minimum required GMAT score. Rather than focusing on an overall score, the Admissions Committee assesses your performance across individual test sections in the context of your overall application.

Recommended score ranges

GMAT Exam (Focus Edition)

INSEAD recommends a 60th percentile on the Verbal component (80), and a 66th percentile on the Quantitative (80) and Data Insights components (77).

GMAT Exam (10th Edition, available between 2012 and 2024)

INSEAD recommends a score at or above the 70th percentile in both the quantitative and verbal sections. For the Integrated Reasoning section, we recommend achieving a score of 6 or above.

Note: Please keep in mind that the test is just one of several admission criteria. A high score does not guarantee admission, and a below-average score does not eliminate a candidate.

The programme offers three flexible specialised paths: Wealth Management, Corporate Finance & Private Market and an Open Track that allows you to combine electives across different areas based on your interests and career goals.

The curriculum develops practical data and AI literacy through hands-on work using Python and Excel, combined with modern analytical techniques applied to real finance use cases such as risk analysis, market modelling and forecasting.

Students study across INSEAD’s campuses in Europe (near Paris) and Asia (Singapore), gaining exposure to two major global finance hubs. In addition, optional employer and industry treks to other international financial centres provide further opportunities to engage with firms, alumni and finance professionals across markets.

No, work experience is not required to apply. The MIF is designed for recent graduates and early-career professionals who are at the start of their careers in finance.

The INSEAD Master in Finance is a 14-month programme, followed by a six-month professional experience or internship.

Applications for the INSEAD Master in Finance open in June 2026, and the first intake begins in August 2027. 

INSEAD MIF students are covered worldwide for the duration of the programme through INSEAD’s private partner insurance provider, Aon. Coverage is compulsory for all students and included in the tuition fees. There is no additional cost involved.

INSEAD offers a vibrant student life with more than 40 student-led clubs covering a wide range of interests, from entrepreneurship and energy to regional and professional communities. Through club activities and events held throughout the year, you can pursue your interests while building strong networks and lasting friendships within the INSEAD community.

On-campus gyms are available at both the Fontainebleau and Singapore campuses and are accessible free of charge. A range of fitness classes is offered on weekdays, and communal swimming pools are located within walking distance of the campuses.

In addition, more than ten student clubs are dedicated to sports and outdoor activities, including football, racket sports, rugby, sailing and more. The Fontainebleau Forest also provides extensive trails for running, hiking and cycling, and is a popular destination for climbing.

MIF students live off campus in both Fontainebleau and Singapore.

In Fontainebleau, students typically find accommodation in Fontainebleau–Avon, within walking or cycling distance of campus. While it is possible to live in nearby villages if you have a car, we strongly recommend living in Fontainebleau, as close to campus as possible, to fully benefit from student life and the community experience. Very few students choose to live in Paris due to the distance and daily commute of around 40 minutes by train.

In Singapore, students usually live close to campus, either within walking distance or a short bus or metro ride away.

Transportation options vary depending on where you live.

In Fontainebleau, many students walk or cycle to campus, while others use the local bus network in Fontainebleau–Avon. Free shuttle services run in the mornings and evenings between campus and the Avon train station. If you bring a car, parking facilities are available on campus.

In Singapore, INSEAD is well connected by public transport, with bus stops and the One-North MRT station located directly outside the campus.

Yes. INSEAD works closely with local estate agencies in both Fontainebleau and Singapore. Their contact details will be shared in the welcome package you receive after admission, to support you in securing suitable accommodation.

INSEAD will guide you through the visa and student pass process, including when and how to apply, based on your nationality and study location.

For your stay in Fontainebleau (France):

If you are a citizen of the European Union (EU), you do not need to apply for a visa.

If you are a non-EU citizen, you must apply for a long-term student visa. Under French regulations, non-European students are not permitted to begin their studies at INSEAD without a valid long-term student visa.

For your stay in Singapore:

When your studies take place on the Singapore campus, INSEAD will support you with the submission of your application for a student pass. Please note that visa and student pass approvals are issued at the discretion of the relevant authorities. 

Approximately the same number of seats are allocated to each round. Therefore, there is no difference in terms of competitiveness between the five rounds. We encourage you to submit your application once it is complete and reflects your strongest profile, as the selection process is highly competitive.

You should only apply when you are ready with all elements required for the application. Please refer to the website for the application deadlines.

The selection process takes up to eight weeks from the date of your file completion.

You do not need to have full-time professional experience prior to applying to the programme. However, some experience in a business context will be valued such as an internship or work in a charity/community environment.

Yes, all candidates must take the GMAT or GRE to be eligible to apply. If you are preparing for the GMAT test, try our online practice test.

If English is your native language, or you have received a university degree exclusively taught in English, you do not need to take an English test. In all other cases, you should bring evidence of your knowledge through an English test result. We accept TOEFL (recommended score equal or above 103), IELTS (recommended score equal or above 7.5), Pearson Test of English (PTE) Academic (recommended score equal or above 70).

The MIF programme is conducted in English, and you need to be fluent in English to be eligible to apply. If English is your native language, you must demonstrate at least a practical knowledge of a second language as soon as possible by passing one of our accepted language tests for your chosen second language. If you are a non-native English speaker, your native language will fulfil this requirement (no test required).

Knowledge of a third language is appreciated and will need to be validated before the end of the programme. Language courses will be made available upon admission and during the programme.

We accept transcripts in English and French. Transcripts in all other languages must be submitted with an officially certified translation.

Applications must be submitted online, and only complete applications are reviewed by the Admissions Committee. The process includes the following steps:

• Submission of the online application form, including your personal details, CV, academic background, two recommendation letters (academic or professional), academic transcripts with certified translations where applicable, a motivation essay, and GMAT or GRE scores, as well as English test results if required.
• Completion of a video interview via the Kira Talent platform after submitting your application.
• Payment of the application fee (€180).

All components of your application are reviewed holistically. Candidates who pass the initial assessment will be invited to an interview with an INSEAD alum or an admissions representative, either in person or online. Following the interview, applications are reviewed again before a final decision is made by the Admissions Committee.

Yes, you may reapply for a later intake. We encourage you to exercise your own judgement in deciding if there have been any significant changes in your profile since your first application that might make a difference with the Admissions Committee. All re-applicants are requested to submit a new online application, unless otherwise indicated.

We only accept applications submitted electronically, as our entire admissions evaluation process is online. It also allows you to stay informed of the status of your application throughout the process by checking the status online.

If you encounter technical difficulties while completing your application form, please contact the IT Support Team at [email protected].

INSEAD does not grant fee waivers for the MIF programme application. We recognise that financing your studies requires careful planning and encourage you to explore the full range of funding options available, including scholarships, loans, sponsorship and personal funding.

The application fee is EUR 180.

You are required to hold an undergraduate degree (bachelor’s degree or equivalent) from a recognised college or university, or to have completed at least 180 ECTS credits. The Admissions Committee takes into account the quality and recognition of your institution.

Upon admission, INSEAD will provide all students with access to a variety of language courses, free of charge. If you do not yet have knowledge of a third language, we encourage you to take this opportunity to obtain basic knowledge in a third language of your choice, which you will need in order to graduate. 

Yes. Both second and third languages must be officially recognised by the government of a country. Your second and third languages must also be sufficiently different from each other.

In addition to English and a second language, all students will need to demonstrate at least basic knowledge of a third language in order to graduate. If you already possess basic knowledge of a third language, we recommend you to certify this language as early as possible during your MIF.

None.

No. English is the language of instruction.

At INSEAD, we believe strongly in the importance of an international outlook. The ability to communicate in more than one language will give you a competitive advantage in the global marketplace and enable you to work effectively across multiple cultures.

English is the language of instruction at INSEAD, and you need to be fluent in English to be eligible to apply to the MIF programme. 

If English is your native language, or you have received a university degree exclusively taught in English, you do not need to take an English test. In all other cases, you should bring evidence of your knowledge through an English test result. We accept TOEFL (recommended score equal or above 103), IELTS (recommended score equal or above 7.5), Pearson Test of English (PTE) Academic (recommended score equal or above 70).

English is not my native language, but I have lived and studied in an English-speaking country for many years. Do I still need to provide additional proof of fluency in English?

Yes. Living in an English-speaking environment is not accepted as proof of fluency in English. If you have received a full university degree (undergraduate or postgraduate) where all courses were taught exclusively in English, we will accept your degree as proof of your fluency in English. In all other cases, you may take one of the above mentioned English language tests.