Utrecht University

Financial Management, M.Sc.

  • Application Deadline
  • 12 months
    Duration
  • Tuition Fee
    15575 EUR/year
    Tuition fee
    2060 EUR/year
    Tuition fee
  • English
    Language
Utrecht's University Master of Science in Financial Management provides students not only with the latest economic and financial theory, but also the hard financial skills and multidisciplinary understanding to put theory into practice in an increasingly complex world.

About

Today financial management operates in a highly complex, interconnected and fast-moving international arena. Organisational objectives have to integrate a wide variety of considerations, such as variations in global markets, long-term strategies, corporate social responsibility and stakeholder value; at the same time, short-term financial growth is desired and demanded.

Utrecht's University Master of Science in Financial Management focuses on all important aspects of modern financial management, including how to raise capital (i.e. issuing shares and bonds), how to allocate capital (capital budgeting, operational budgeting), how to manage short-term resources (working capital management), how to deal with dividend policies, and how to align individual motives to organisational objectives (performance management, compensation systems).

In addition, you will learn how to effectively introduce changes in financial management policies in organisations. Importantly, the Utrecht University MSc in Financial Management is geared toward a new generation of financial professionals who are trained to understand and solve trade-offs between short- and long-term objectives, between shareholders and stakeholders, and between financial and social responsibility.

Career Perspectives

If you want to prepare yourself for a career in financial management, whether in a small, medium or large (international) organisation or in a financial management consulting firm, this degree is for you. Upon completion of this Master’s you will typically take on one of the following entry level functions: financial trainee, assistant to the financial manager, financial management consultant, financial analyst, business consultant, business analyst, business trainee, assistant treasurer, or assistant controller.

Although geared toward the financial side of management, this programme also provides a sound basis for more general managerial tasks. In fact, many companies prefer a background in financial management for general management positions, as financial considerations are the root of all major business decisions.

Programme Objective

The Master’s in Financial Management is designed to provide you with the knowledge, understanding, and skills necessary for a professional career in international financial management. You will gain specialised knowledge, founded on the principles of finance and economics, that is highly relevant in practice.

Accreditation

Accredited by the NVAO - Accreditation Organisation of the Netherlands and Flanders.

Programme Structure

Courses included:

  • Multinational Corporate Finance
  • Financial Statement Analysis
  • Research Project
  • Mergers And Acquisitions
  • Multinational Firms
  • Entrepreneurial Finance
  • Sustainable Entrepreneurship
  • Management Control Systems
  • Financial Regulation
  • Investment Management

For more information, please visit the programme website.

Detailed Programme Facts

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    7

    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:

    96

    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

    • A BSc of a research university in Economics or Economics and Business Economics preferably with some degree of specialisation in Financial Management. The International Office assesses all international credentials according to the credential evaluation criteria of the Nuffic (the Netherlands Organisation for international cooperation in Higher Education), and advises the Admissions Committee on this subject; 
    • You must have solid and demonstrable knowledge in the following fields: Microeconomics, Mathematics, Econometrics or Advanced Statistics, Macroeconomics, Corporate Finance
    • You are able to express yourself in proficient English, both orally and in written text, as evidenced by your motivation letter and/or writing sample, and the interview that is part of the selection procedure.

    • Further accepted proof of your proficiency in English: CPE- Grade C

    Tuition Fee

    • International

      15575 EUR/year
      Tuition Fee
      Based on the original amount of 15575 EUR for the full programme and a duration of 12 months.
    • EU/EEA

      2060 EUR/year
      Tuition Fee
      Based on the original amount of 2060 EUR for the full programme and a duration of 12 months.

    For more information about tuition fees and exemptions have a look at the programme website.

    Living costs for Utrecht

    900 - 1,450 EUR/month
    Living Costs

    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Funding

    Scholarships, fellowships, and grants offered by Utrecht University, the Dutch government, and other organisations can help fund your studies at the university.  You can begin your search for funding by reviewing the list below, which contains some of the scholarships and loans available to international students:

    • Utrecht Excellence Scholarships
    • Holland Scholarships
    • Orange Tulip Scholarships
    • Canadian student loans
    • Fulbright / NAF
    • US Federal Loans
    • Erasmus+ Master loans

    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.