MSc

Business Engineering: Financial Engineering

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Key facts

  • Program
    Master's
  • Duration
    2 years
  • Program
    On campus
  • Pace
    Full-time
  • Annual tuition fee
    5,800EUR
  • Start date
    Sep, Oct, Nov, Dec, Jan

Program overview

What the University of Antwerp says about their program:

Do you have an interest in finance and business, as well as in statistics, mathematics and finance technology? Want to learn everything there is to know about finance, and then deep dive into your field of interest? If so, then you were meant to be a financial business engineer.

But what does that mean? In a nutshell: you are fully trained to engineer the financial future of business ideas by transforming financial theory into corporate practice, in an ethical and sustainable way.

In this two-year English Master’s programme (120 ECTS credits), you´ll:

  • gain a profound insight in the financial products used by corporates, banks, insurance companies, asset managers, … - and
  • develop the skills to formulate, analyse and solve financial models within the complex environment of todays’ organisations.
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Admission requirements

Postgraduate academic requirements

You’ll need (at least) an academic bachelor degree to be able to enrol in an initial master programme. You’ll need a master degree to be able to enrol in an advanced master programme.

English proficiency

Candidates can prove their proficiency in English by submitting one of the language certificates below (obtained within the last two years; with the minimum score(s) mentioned):

  • TOEFL iBT

    A minimum score of 80. (Taken at a test center, Home editions are not accepted)

  • ​IELTS Academic

    A minimum score of at least 6.5, and on each part minimum 6.0

  • ITACE

    Minimum level B

  • Cambridge English

    Minimum B2 First with a score of at least 176

Always check the level required on the info pages of the program you are interested in because the required level or minimum scores could be higher than the ones listed above

English proficiency waivers

  • Students holding a degree issued by a recognized educational institution in Flanders, are exempt from the English language test. This exemption of the English language test also applies to holders of degrees issued by recognized educational institutions in Belgium, the Netherlands and Luxemburg.
  • An exemption from providing a language test certificate is possible if you can prove that you have studied at least one academic year (= 60 ECTS credits) in an English-language Bachelor or Master programme. Please note that the board of admission may require that you obtained your credits or diploma in an English taught programme in Australia, English-speaking Canada, Ireland, New Zealand, the United Kingdom and the United States of America before you are exempted from providing a language test certificate.

Documents required

  • Application form
  • Academic transcripts
  • Diploma of previous studies
  • Translations
  • Proof of language proficiency
  • Motivation letter / Statement of purpose
  • CV
  • Passport identification page

Entry requirements

Students are exempted from submitting a GMAT /GRE test result if they have obtained their (business) economics degree at one of the following institutions:

  • A Belgian university;
  • A university ranked in the global top 400 in the most recent edition of THE or QS World Ranking;
  • One of FBE's exchange partners;
  • A university with an AACSB, EFMD or EQUIS accreditation

For the Business Engineering Master programs:

- Applicants should include GMAT or GRE test results in their application (Unless exempted) - Applicants should have obtained an overall GMAT score of 650 or higher to be considered - Alternatively, students can submit a GRE with a minimum score of 160 on quantitative and verbal reasoning.

For the Business Economics Master programs:

- Applicants should include GMAT or GRE test results in their application (Unless exempted) - Applicants should have obtained an overall GMAT score of 600 or higher to be considered - Alternatively, students can submit a GRE with a minimum score of 157 on quantitative and verbal reasoning.
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Fees and funding

Funding

Tuition Fee Reduction

- **Amount:** €3,100 - **Requirements:** The applicant must not have a master's degree; shouldn't have other scholarships; should have a clear and profound motivation and have a high standard of academic performance.

Daughters For Life-UAntwerp

The scholarships provide a unique opportunity to eligible candidates from the Middle East to study a Master programme at the University of Antwerp.

You can apply for the DFL scholarship if you are:

  • Female
  • A citizen and resident of one of the following countries in the Middle East (Palestine, Israel, Egypt, Jordan, Syria, Lebanon, Iraq or Morocco)
  • In financial need
  • Committed to returning to your home country once studies are complete, to benefit your community

Master Mind

- **Amount:** The scholarship includes a grant of € 9600 + a tuition fee waiver per academic year. - **The applicant should have a high standard of academic performance and/or potential. This means:** 1. The student has a Grade Point Average (GPA) of 3.5 out of 4.0
  1. The student has a good knowledge of the English language, proven by one of the following situations

  • an overall band score of minimum 7.0 on the IELTS test;
  • a minimum total score of 94 on a TOEFL test;
  • a C1 level of the Common European Framework of Reference;
  • a similar result in another official language test recognised by the University of Antwerp;
  • or an exemption provided by the Master programme's Selection Committee during the screening process.

Fee information

  • Graduate tuition

    €5,800 per year

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Visa requirements for the University of Antwerp

Many international students will require a visa to study in Belgium, and this is a vital step of your study abroad journey. Make sure you understand the requirements you may need to meet before applying.

Belgium student visa requirements