Master of Financial Management

The Vlerick Masters in Financial Management is a one-year, 60-ECTS programme in Brussels, taught in English, for young graduates who want to combine financial analysis with strategic business decisions. It covers corporate finance, financial markets and instruments, business integration and finance in the age of AI, from reading statements and valuation to M&A, portfolio construction, banking and risk. Learning is active, built on real cases, small-team assignments, company visits, an investment research challenge, a banking game and study tours to London and Amsterdam. A two-month consultancy project in a company rounds it off, and attendance is mandatory.

Course Details

CategoryDetails
TimeFull Time
CampusBrussels
Duration1
Deadline-Date30-April,
Fee Per Year20950
Application Feepublic universities charging between €50 and €200 (or no fee at all), while private institutions and business schools generally charge higher fees ranging from €100 to €300+
Currencyeuro
Intake Linkhttps://www.vlerick.com/en/programmes/masters-programmes/masters-in-financial-management/#foldable_item_practical_info
Deadline Linkhttps://www.vlerick.com/en/programmes/masters-programmes/masters-in-financial-management/#foldable_item_practical_info
IntakesSeptember
Program language requirementIELTS ~6.5 or TOEFL iBT ~80–90 (B2–C1)

Who can Choose this program?

Bachelor’s degree In Finance, Accounting, Business Administration, Economics, Management, or a related field

Additional Information

CategoryDetails
Scope of the programOutcomes are strong, with nearly all graduates employed within three months and the programme highly ranked for career services. Typical roles include M&A analyst, strategy consultant, private equity analyst, corporate banking associate, private banking specialist and management trainee. An optional Career Acceleration Track adds an internship of up to six months. Students may also take exchanges or double degrees with partners such as business schools in the United States, Hong Kong and France. The programme is part of the CFA Institute University Affiliation programme, which supports a path toward further professional qualification.
Program entry requirementCandidates 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)
Required GPAMaster's: A recognized 4-year Bachelor's degree in a relevant discipline with a minimum CGPA of 2.5/4.0 or equivalent. Competitive universities generally prefer 3.0/4.0 or higher.
GRE RequiredOptional: GMAT or GRE is accepted as an alternative to Vlerick's own online admission test
GMAT RequiredOptional: GMAT or GRE is accepted as an alternative to Vlerick's own online admission test
Application Process1. Apply to a Belgian university or higher education institution by submitting academic transcripts and certificates, a personal statement or motivation letter, and proof of language proficiency (English/French/Dutch, such as IELTS or institutional requirements). 2. Receive an official admission/acceptance letter from a recognized Belgian institution. 3. Pay the required tuition fee or enrollment fee (if requested by the institution). Proof of payment is often required before or during the visa application process. 4. Start your long-stay (Type D) student visa application through the Belgian Embassy, Consulate, or VFS Global in your country (Belgium does not use an online system like AVATS). 5. Prepare and submit all required supporting documents, including a passport valid for at least 12 months, an acceptance letter from a Belgian institution, proof of sufficient financial means (blocked account, sponsorship, or scholarship), proof of accommodation in Belgium, a medical certificate, a police clearance certificate (if required), health/medical insurance, a motivation letter / Statement of Purpose (SOP), and recent passport-sized photographs. 6. Pay the visa application fee as instructed by the Belgian Embassy or VFS Global. 7. Submit your application, documents, and biometrics at the nearest Belgian Embassy, Consulate, or VFS Global Visa Application Centre. 8. Track your application using the reference number provided after submission and wait for the visa decision.
Available Scholarshipshttps://studyabroadupdates.com/scholarships/
Program accreditationAccredited by NVAO (Accreditation Organisation of the Netherlands and Flanders), the Flemish programme accreditation body; Vlerick also holds AACSB, AMBA and EQUIS (Triple Crown) accreditation
Living expensesCost of Living in Belgium The cost of living for international students in Belgium depends on the city and your lifestyle. On average, students spend between €700–€800, and in some cases over €1,000 per month. Accommodation  €300–€500 per month for student housing  Private apartments or studios cost more  Brussels is relatively affordable compared to cities like London, Paris, Amsterdam, and Berlin Food  Around €250–€300 per month  Cooking at home helps save money  Eating out regularly increases costs Transportation  Students get discounted public transport passes  Leuven: yearly bus pass costs about €25  Brussels: under-24 students can get a yearly pass for as low as €12 Overall Monthly Budget  Average: €700–€800  Higher end (private housing & lifestyle): €1,000
Visa Process Details1. Passport: Valid passport with old ones if available (Mandatory). 2. CNIC / B-Form / FRC: ID and family relation documents (Mandatory). 3. Photographs: Biometric/passport-sized photo (Mandatory). 4. Offer Letter: Official unconditional admission letter (Mandatory). 5. Tuition Fee Receipt: Deposit, payment, or scholarship proof (Mandatory/Conditional). 6. Academic Documents: Transcripts and degrees with attestations (Mandatory). 7. Language Certificate: IELTS, TOEFL, or language proof (Conditional). 8. CV / Resume: Updated resume with gap details (Mandatory/Conditional). 9. SOP / Motivation Letter: Study plan and home ties explanation (Mandatory/Conditional). 10. Financial Documents: Bank statements, income, and funds proof (Mandatory). 11. Sponsor Documents: Sponsor ID, relation, affidavit, and income proof (Conditional). 12. Accommodation Proof: Housing booking or address (Mandatory/Conditional). 13. Insurance: Travel/health insurance (Mandatory/Conditional). 14. Police Certificate: Character certificate if required (Conditional). 15. Medical Certificate: Medical/TB/polio clear certificate (Conditional). 16. Translations / Legalization: Certified translations or attestations (Conditional). 17. Previous Refusals: Refusal letters with explanations (Mandatory if applicable). 18. Travel History: Visas, stamps, and travel proof (Conditional). 19. Family / Home Ties: Property, business, or family return proof (Recommended). 20. Country-Specific: Blocked account / Annex 32 / solvency proof (Country-specific). 21. Country-Specific: Medical and police clearance (Country-specific). 22. Country-Specific: Belgian institution enrolment evidence (Country-specific).
Part timeworkPart-Time Job Options for International Students in Belgium International students in Belgium are allowed to work part-time while studying, subject to visa conditions. Common Part-Time Job Options Retail jobs: supermarkets, clothing stores, shopping centers Hospitality sector: cafés, restaurants, hotels, fast-food outlets Customer service: call centers, front desk assistants Campus jobs: library assistant, administrative support, student ambassador Delivery & logistics: food delivery, warehouse assistant (where legally permitted) Tutoring: academic tutoring or language support (subject-based skills) Working Hours  Up to 20 hours per week during term time •Full-time work allowed during official holidays (summer, winter, and Easter breaks) Wages  Minimum wage depends on age and experience  Average student earnings range from €11–€13 per hour Requirements  Valid Belgian residence permit (student status)  Student employment contract  Registration with the National Social Security Office (NSSO)  Belgian bank account (recommended)
Post-study work opportunityPost-Study Work Opportunities Belgium's post-study work situation improved significantly with 2018 immigration reforms, but it's still not as straightforward as Canada or Australia's graduate visa programs. Students can work 20 hours/week during their studies (outside class hours).

What is the duration of the Masters in Financial Management program at Vlerick Business School?

The duration of the Masters in Financial Management program at Vlerick Business School is one year.

What are the entry requirements for the Masters in Financial Management?

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, although there may be additional requirements.

How much does the Masters in Financial Management program cost per year?

The fee for the Masters in Financial Management program at Vlerick Business School is €20,950 per year.

What are the post-study work opportunities for international students in Belgium?

International students can work 20 hours per week during their studies and can take advantage of improved post-study work opportunities following the 2018 immigration reforms, although it is not as straightforward as in countries like Canada or Australia.

Are there scholarships available for the Masters in Financial Management program?

Yes, there are scholarships available for students. For more information, you can visit the scholarship section at this link.

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