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Masters in Financial Management

Join the fast track to a rewarding career in financial management

#1

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Masters in Finance in Belgium

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Career Services worldwide

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Value for money worldwide

Want to turn your interest in finance into world-class expertise? The kind that can transform whole companies, sectors and, in turn, the world around you? Then our Masters in Financial Management is perfect for you. Gain the cutting-edge skills, insights and mindset that will steer your career in financial services or accelerate your journey to the top of a multinational company. 

Detailed programme

Our Masters in Financial Management programme runs full-time from early September until the end of June -entailing 60 ECTS credits. Classes take place from 9am to 5.30pm and are a dynamic mix of working on real-life business cases, class interaction, company visits and group exercises. 

Our active learning approach involves many assignments in small teams and thus requires mandatory attendance, 100% motivation, and the willingness to work hard.  

This programme offers the only CFA Institute University Affiliation programme in Belgium. As well as finance trips to London and Amsterdam, students can opt for an extended international experience with an exchange programme to Frankfurt School of Finance and Management (Germany) or EDHEC (France).

Get a full overview of all the different courses here

At Vlerick, our unique approach blends action learning and personal development.  

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Action learning

From theory to practice: 

  • Interactive classes 
  • Pragmatic, multidisciplinary approach 
  • Insightful business simulations 
  • Real-life cases and challenges 

Highlights of the programme include:

  • Amsterdam Finance Trip: This one-day trip gives you a taste of what Amsterdam has to offer. Take part in company visits, tackle a corporate finance case, learn about jobs and internships for finance profiles and build your network.
  • London Finance Trip: This week-long trip immerses you in the vibrant atmosphere of the City through a mix of visits to top-tier companies and financial institutions, fascinating career and business talks, networking and sightseeing.  
  • Investment Research Challenge (IRC): As part of the challenge, you’ll write a sell-side analyst report for an assigned company and present your findings to an expert jury. You’ll also participate in guest lectures covering both buying and selling perspectives as well as a company presentation by the company’s CFO. 
  • IMEx Business Simulation: Work as a team to manage a fictitious company and compete against other teams on economic, social and environmental metrics – the triple bottom line. 
  • Banking Game: This simulation allows you to make a range of financial management decisions – including the scale of your deposit taking and lending activities, marketing expenditures and investments in various financial markets (eg, stocks and derivatives). There is also a competitive element – you compete against rival banks on price, quality and brand image.
  • In-Company project: Over two months, you’ll apply everything you’ve learned to a real finance challenge in a consultancy project for a company of your choice. 

Personal development 

Make the leap from student to professional with: 

  • Continuous feedback and coaching 
  • Targeted skill development 
  • Comprehensive career services 
  • Multiple networking opportunities 
  • Personal development portfolio 

Highlights of the programme include:

  • My Vlerick Development Portfolio: Gain insight into your own strengths and weaknesses, be challenged to reflect and take actions to improve.
  • Management Skills Seminar: Join us off-campus for three days to focus on leadership development and the management skills you need for the digital age.
  • Diversity and inclusion: Understand your own assumptions, biases and preconceived ideas about how the world works – or should work. Discover which behaviours are acceptable, open your mind – and begin to develop a broader world view.
  • Career Coaching: Stay aligned to the current global job market as you gain the skills, insights and instincts to make a difference and explore your true potential. 

See a full overview of all the courses here

Why this programme

  • Study in Brussels, a top European financial hub and home to the European headquarters of some of the world’s most influential companies. It’s the perfect place to meet people and organisations – and establish a worldwide network.
  • Deepen your knowledge of all areas of financial management and learn to apply it as a well-rounded financial manager. 
  • Learn from dynamic, internationally-renowned faculty who combine academic excellence with wide-ranging industry experience. 
  • Be part of a highly international student body and grab the opportunity to network with alumni in fields such as banking and consulting. 
  • Expand your horizons on international trips to London and Amsterdam with visits to top financial institutions such as Bloomberg, JP Morgan, ABN Amro and Standard & Poor’s during these international trips.  
  • Give your career an extra boost by choosing to complete a Vlerick Certificate in Strategy Consulting or European HRM – or by going on an exchange programme to Frankfurt School of Finance & Management (Germany), EDHEC (France), Nova School of Business and Economics (Portugal) or Stockholm School of Economics (Sweden).

Curious to find out what it means to study at Vlerick? Discover what it’s like to study in Belgium – and get practical information on how to organise your stay.

Career benefits

98%

employed within three months after graduation

66%

employed before graduation

70%

of international mobility

100+

recruitment partners

Here’s a snapshot of our MFM alumni success in the job market:

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Take a look at where our Masters in Financial Management graduates are working:

JP Morgan logo
Roland Berger logo
Morgan Stanley logo
Kempen logo
Bloomberg logo
Degroof Petercam logo
AT Kearney logo
ABN AMRO logo

Define your career goals and how to match them with the jobs market with the help of: 

  • Practical workshops and assessment centre training 
  • Career clubs and competitions 
  • One-to-one coaching 
  • Career and networking events  

Take a look at our full career services offer 

Who should attend

Are you

  • A recent university graduate with limited to no work experience? 
  • A believer in the power of finance as a key driver of business success? 
  • Ready to make a positive impact on the fast-moving world of finance? 

Then you’re a perfect fit for a Masters in Financial Management at Vlerick. Even though many of our students already have a background in finance or economics, it’s certainly not mandatory. In fact, you’ll find that at Vlerick, your passion and enthusiasm will take you far within a diverse group of like-minded students from around the world. 

Student profile of our recent cohort Masters Financial Management: 

50

cohort size

23

average age

Education background

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Practical info

Start date: 1 September 2023 
Duration: 10 months (from September until June) 
Location: Brussels 
Application deadline non-EU citizens: 30 April 2023

Fees and financing

The tuition fee for this Masters programme is €20,600.

This includes:  

  • London trip (accommodation and company visits) 
  • Amsterdam trip (travel and company visits)
  • Company visits 
  • Travel between different campuses for mandatory programme events 
  • One year of full online access to the Financial Times 
  • Textbooks 

The fee does not include the cost of travelling abroad for the London trip, any visa costs, living expenses or costs related to any optional modules abroad you may take as part of your programme. 

Financing your Masters 

Joining a Vlerick programme can be a significant financial investment. But there are many financing options available to help towards your tuition fees – and we’re here to help you explore what types of support you might be eligible for.  Each year, we offer a few full scholarships and several partial scholarships. Make sure to apply before February in order to be considered for a full scholarship.

Scholarships 

  • Women in Finance: Are you a woman with an outstanding academic record who shows leadership potential? If so, and if you pass our admissions test with a great overall performance, you might get a scholarship of up to 70% of the tuition fee. Find out more here.  
  • GMAT/GRE Excellence scholarship: Get an automatic 50% scholarship if you have outstanding GMAT (> 700) or GRE (> 164 quantitative and > 163 verbal) scores.  
  • Academic Merit scholarship: Provide us with proof of your excellent academic track record and get a scholarship of up to 50%. To qualify for this scholarship, you need study results equal to great or greatest distinction at Bachelors level for Belgian degrees or study results within top 20% of class at Bachelors level for non-Belgian degrees. 
  • Vlerick Outstanding Achievement scholarship: Do you have a proven track record of outstanding achievement in extracurricular activities such as holding a leadership position in an international organisation (eg, being president of a student organisation), winning business or student competitions, combining your studies with professional activities (eg, student-entrepreneur, professional athlete)? Then you might get a scholarship of up to 50%. We also thank Lannoo for awarding a full scholarship in this category to a student with a background in cultural studies. Applicants who fit the criteria will be automatically considered for this full scholarship. 
  • OnE Vlerick (Opportunity & Equality) scholarship: We value social diversity and we encourage individual commitment. For this partial scholarship, of up to 50%, you need to either represent diversity (eg, be a first-generation university student, belong to a minority group or an underprivileged community) or actively promote diversity and inclusion, by engaging in long-term initiatives that have a clear social impact. We also thank the Dean's fund for sponsoring 1 full scholarship.
  • Financial need scholarship: This scholarship can be combined with other scholarships. To apply, you will need a realistic financial plan and proof of financial need (previous scholarships or grants). The scholarship allocation and amount are decided on case-by-case basis. We thank Duvel Moortgat for sponsoring this specific scholarship.

If you’re planning to apply for a scholarship, make sure you apply early. Please check the application form for full conditions.

Loans 

You may consider getting a loan to cover your programme fees. 

  • Regular loans: A loan from your bank could cover your tuition fees – get in touch with them for more information.  
  • Prodigy Finance loans: Our partner Prodigy Finance offer loans to international students at the world’s top business schools. These loans could cover up to 100% of your fees, minus any scholarship you may be awarded. Learn more

Paying in instalments  

You can choose to pay your tuition fees in three separate instalments in November, February and April.

If you want to pay by instalments, you need to sign a contract and pay an admin fee of €250. 

Admissions

There are four steps to start your Vlerick journey: 

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1. Check your eligibility 

What you need: 

  • Candidates studying in Belgium need a Masters degree from a recognised institution  
  • Candidates from outside Belgium can apply with a Masters degree or a 3 to 4-year Bachelor degree from a recognised institution (there may be additional requirements too)

Our Masters programmes are designed for young graduates, with an average age of 23 and little-to-no professional experience. If you have questions about your eligibility, please contact our admissions team

2. Submit your application 

We process applications on a rolling basis from October, for the following September intake.

Complete your personal details and upload all necessary documents to our application tool. If you don’t need a visa to study in Belgium, you have until June to apply. However, we advise early application as we allocate places on a first come, first served basis. If you do need a visa to study in Belgium, we recommend you apply by the end of April for the September intake.   

3. Take your admissions test 

There are three elements in your admissions test:  

  1. Vlerick Online Test  – we accept our own in-house analytical test, numerical reasoning (and abstract reasoning if applicable), GMAT (minimum 600) or GRE (157 verbal and 158 quantitative). You can also apply with a CFA for our Masters in Financial Management programme.
  2. Motivational interview – Using a standard set of questions, we assess the match between you, Vlerick and our programme. This interview takes place online and lasts about 20 minutes.
  3. Knowledge interview  – Vlerick faculty will ask you about your interest and insights into the field of studies you are applying for. This interview also takes place online and lasts about 20 minutes.

Want to prepare for your admissions test? – discover our tips and tricks.   

4. Register for the programme 

The Masters in Financial Management programme both has capped seats and has a selective admissions process organised in rounds. We therefore strongly advise applying as early as possible:

 First admission round
Applications submitted:                   1 October 2022 until 30 November 2022
Decisions issued:                            31 January 2023* at the latest

Second admission round
Applications submitted:                   1 December 2022 until 28 February 2023
Decisions issued:                            15 May 2023* at the latest

Third admission round (last round for non-EU applicants!)
Applications submitted:                   1 March 2023 until 15 April 2023
Decisions issued:                            30 June 2023* at the latest

Fourth admission round
Applications submitted:                   15 April 2023 until 30 June 2023
Decisions issued:                            11 August 2023* at the latest

*Admissions results are communicated on a rolling basis, but at the latest by the deadline mentioned. If you need a decision sooner, please send an email to admissions@vlerick.com with a detailed motivation.

Once you’ve been admitted, you can go ahead and register.

Discover what it’s like to study in Belgium – as well as practical information on how to organise your stay.

Success stories

Elodie Vanden Avenne

"When I started the MFM programme at Vlerick, I thought I wanted to go in trading or work for one of the big banks. However, during the programme, I learned more about corporate finance, the current evolution in banking regulation, entrepreneurial finance, etc. This changed my view on what I wanted to do in my professional career and I decided to join a scale up in the fintech lender sector."

Anton Steidl

"The practice-based knowledge acquired through projects like the Investment Research Challenge or the IMEx business game, made the learning process practical and challenging – preparing us for the real professional world."

Issam Lachab

"Vlerick can’t be taken out of who I am today. For sure, we learn a lot of technical skills and we become adept to solve the most complex finance cases. But this is just the tip of the iceberg. Underneath, we grow as a person. Before joining Vlerick, I did not have a clear idea about the different career paths and the full spectrum of possibilities. So, thanks to Vlerick career events, I am now fully aware about my destination, and about what it takes to achieve it."

Faculty

Wouter De Maeseneire

Wouter De Maeseneire

Professor of Corporate Finance

Wouter De Maeseneire is passionate about explaining financial management principles by linking finance to business models and strategies.

Bruno Colmant

Bruno Colmant

Adjunct Professor of Financial Accounting

Bruno Colmant is a highly experienced senior leader whose deep knowledge has steered Belgium’s largest financial institutions and government.

Sophie Manigart

Sophie Manigart

Professor of Corporate Finance

Sophie Manigart is an experienced teacher, researcher and advisor in entrepreneurial finance, venture capital and private equity.