Finance, M.Sc.

  • Application Deadline
  • 12 months
  • English (book IELTS)
University rank #195 (WUR) ,
The Master's program in Finance at Tilburg University delivers broad business knowledge and specialized expertise in both financial management and investment analysis - first-rate preparation for students seeking a career at the top of the world of finance.


Taught by lecturers from Tilburg University's Department of Finance, home to some of the world's most renowned and cited academics, the program offers the latest thinking across the essentials of investments and corporate finance. Learn how to determine a firm's cost of capital, plan mergers and acquisitions, bring companies to the stock exchange, restructure corporations, make portfolio investment decisions, quantify risks, and hedge them using various derivative instruments.

A Tilburg University Master's program in Finance offers you:
  • A solid foundation in the principles – and practice – of finance. Learn the latest theoretical concepts from scientific literature and apply them to real-world cases during assignments and in-class discussions.
  • Teaching by some of the world's preeminent finance academics, faculty members from the Department of Finance at Tilburg University.
  • Scope to customise your degree. Choose between in total 10 electives, and become a specialist in either corporate finance or investments. Follow the CFA and get the best preparation for the Chartered Financial Analyst® (CFA) level-1 exam. Or follow the Pensions, Aging and Retirement track.
  • Excellent career prospects in the financial industry both on a national and international level with future careers including that of chief financial officer (CFO), financial planner, treasurer, portfolio manager, risk manager, or investment adviser.
Future jobs

The Master's program in Finance equips you with a broad knowledge framework in business and specialized knowledge in financial management - a highly attractive profile for companies, banks and consultancy agencies.

Possible job positions after graduation:

  • Financial planner
  • Portfolio Manager
  • Risk Manager
  • Investment adviser
  • Treasurer
  • and eventually Chief Financial Officer (CFO)


All programs at Tilburg University are internationally benchmarked and accredited by:

  • the NVAO in the Netherlands.
  • the Association To Advance Collegiate Schools of Business (AACSB) internationally
Furthermore we belong to the European top 10 in Economics & Business according to the Academic Ranking of World Universities.

Programme Structure

Unit 1 – mandatory courses
  • Advanced Corporate Finance
  • Investment Analysis
  • Empirical Methods in Finance (semester course)
Unit 2 – elective courses (choose 2 out of 6)
  • Corporate Governance and Restructuring
  • Corporate Valuation
  • Derivative Securities and Risk Management
  • Financial Statement Analysis
  • Global Banking
  • The Economics and Finance of Pensions (semester course)
Unit 3 – elective courses (choose 2 out of 6)
  • Applied Corporate Finance
  • Corporate Financial Reporting
  • Fixed Income Analysis
  • Entrepreneurial Finance
  • Financial Analysis and Investor Behavior
  • Seminar Financial Economics
Unit 4
  • Master Thesis Finance

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Credits
    60 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:


    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.

    Book IELTS
  • Minimum required score (Grade C):


    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:


    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:


    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

You only need to take one of these tests:

  • You need the following GMAT score:

    Average score: 600

    The average GMAT score from last intake (fall 2016) was 600.

    The GMAT - or Graduate Management Admission Test - is a frequent requirement for admission at management and business schools across the world. The GMAT score ranges between 200 and 800 and measures the verbal and quantitative reasoning of test-takers. Read more about the GMAT.

  • This programme accepts GRE® scores, however, has not provided a recommended or minimum required score range.

    The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. The GRE® General Test contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments. Read more about the GRE® General test.

  • Copy / scan of your valid passport.
  • Certified copy of your Bachelor's and/or Master's degree*, includinga) Transcript of Records/list of grades.b) Short description of all the courses undertaken *If you still need to graduate, you should submit the expected graduation date
  • GMAT / GRE test results.
  • English proficiency test results (TOEFL; IELTS; Cambridge Proficiency).
  • Statement of purpose (motivation letter).

  • Resume / Curriculum vitae.

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

  • International Applies to you

    14600 EUR/year
    Tuition Fee
    Based on the original amount of 14600 EUR per year and a duration of 12 months.
  • EU/EEA Applies to you

    2060 EUR/year
    Tuition Fee
    Based on the original amount of 2060 EUR per year and a duration of 12 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Tilburg

  • 700 - 1100 EUR/month
    Living Costs

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


Tilburg University offers scholarships for both prospective and current students.

At Tilburg University we are committed to financially supporting talented and motivated students. Below you will find a short description and a link to various types of scholarships which can help you finance your studies at Tilburg University.

Please note that the number of scholarships are limited and mainly targeted at students with excellent study results. We therefore recommend you to carefully read the requirements and observe the deadlines. 

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.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.