Business Administration: Financial Management, M.Sc.

  • Application Deadline
  • 12 months
    Duration
  • Tuition
    13400
    Tuition (Year)
    1984
    Tuition (Year)
  • English (take IELTS)
    Language
University rank #101 ,
The Master’s programme in Business Administration: Financial Management at Vrije Universiteit Amsterdam will give you the tools and competencies you need for managing, controlling and financing business activities.
  • Overview
  • Programme outline
  • Key facts
  • Admission requirements
  • Fees and funding

About

Financial Management is crucial in all these areas and it plays a dominant role in the banking and insurance industries. As a student in the Master’s specialization in Financial Management you will study corporate finance, accounting and financial markets (the three-pillar concept) in-depth. This comprehensive overview of the world of finance will give you a thorough understanding of its intricacies and it will give your career prospects a real boost.

The Business Administration: Financial Management from VU Amsterdam is built on three main pillars: Corporate Finance, Management/Financial Accounting and Financial Markets. Professionals in financial management in either non-financial or financial companies are required to have a thorough understanding of how to acquire financial resources (corporate finance), how the financial environment looks (financial markets) and how to manage and report internal financial flows (management/financial accounting).

Financial management connects the internal business functions of the firm with the financial market and its institutions. This is why the specialisation starts with three main compulsory courses: Advanced Corporate Financial Management addresses the main functions of financial management, Financial Markets and Institutions analyses the external financial environment, while Advanced Management Accounting explains the main financial management issues within companies.

Once you have completed these compulsory courses, you will have the option of choosing elective courses to help you specialize further in either Finance and Accounting or Banking and Insurance.
Career prospects

Once you have passed all the components of the Master’s programme, you will be awarded the title of Master of Science in Business Administration. This degree is recognized internationally.

The Financial Management specialization typically prepares students for a career in one of the many and varied professions that fall under the category of financial management. In the corporate sector you might become a treasurer, risk manager, controller or financial manager at a large multi-national corporation or in a small to medium-sized enterprise. The financial sector offers opportunities for graduates to become bankers, analysts, portfolio managers, accounting experts, insurance experts, or to enter into consultancy at a major national bank, with insurance companies, at major accounting firms, pension funds etc. There are also career opportunities in the non-profit sector: national government agencies, international agencies, supervisory bodies and others all need MBAs who are specialized in financial management.

Accreditation

Accredited by: NVAO in: Netherlands

Programme Structure

Programme internationalization:

  • Studying abroad is unaccommodated.

This programme has a workload of 60 ECTS.

Specialities:

Finance and Accounting:

Finance and Accounting focuses on the financial management function in organizations.

Banking and Insurance:

Banking and Insurance looks at the financial management function of the financial sector itself.

Detailed Programme Facts

  • Full-time duration 12 months
  • Study intensity Full-time
  • Credits
    60 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus
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  • Enter your qualifications and directly see if a programme fits your profile

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score: 6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Take IELTS test
  • Minimum required score (Grade B): 193

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score: 580

    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score: 92

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

Specific admission requirements Master's programme Business Administration, specialization Financial Management:
  • Applicants who have gained a Bachelor's degree in Business Administration at VU Amsterdam are admitted automatically to the Master's programme.
  • Applicants who gained a Bachelor's degree in Economics or Econometrics and Operations Research have access to the Master’s programme provided they successfully completed the following subjects from the VU-curriculum:
    • Management Accounting and Control
    • Finance, Banking and Insurance
    • Corporate Financial Management
  • Applicants with at least a Bachelor's degree from another accredited university are admissible if they have a specialization in Business Administration, witnessed by thorough knowledge of the standard literature described below (or its equivalent)
  • Applicants with at least a VU Bachelor's degree in other specializations can be admitted to the master, but depending on their degree they will be required to take extra courses with a minimum of 30 credits. In that case their programme will take at least a year and a half

StudyPortals Tip: Students should consider taking one of the Pre-Master's below. these courses will be necessary if:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills
Search all Pre-Masters

Tuition Fee Per Year

  • EUR 13400 International
  • EUR 1984 EU/EEA

Funding

Scholarships / Grants:

Nuffic:
The Orange Tulip Scholarship Programme supports promising Taiwanese graduates and young professionals intending to pursue postgraduate degree programmes at a Dutch higher education institution.
For additional information: Website

Neso Indonesia:
StuNed Scholarships for Master studies, short courses and customized training programmes are available for Indonesian professionals with at least two years work experience in a development-related organization.
For additional information: Website

VU University Amsterdam:
VU University Amsterdam awards its own scholarships to outstanding students joining our international Master's degree programmes. The VU Fellowship is an amount of money between 2.500 and 15.000 Euros to cover a part of the study expenses. The general criteria for selection are excellence, motivatio
For additional information: Website

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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