Master in Wealth Management

Application

Admission requirements

Applicants need to have successfully completed a Bachelor’s degree or equivalent (180 ECTS) in the following fields:

• economics
• finance
• business
• management
• law
• mathematics
• social sciences or a related discipline

All non-English native speaking applicants need to be able to demonstrate proficiency of English at B2 level, with one of the following minimum results:

• TOEFL iBT: 87/120
• TWE: 5
• IELTS: 5.5-6.5
• Cambridge ESOL: B2

Formal test results may be waived if the student has completed their undergraduate education at an English-speaking university or has extensive experience using English in a professional capacity. Relevant evidence needs to be submitted by the applicant if they are applying on this basis.

Application Procedure

• The application period for all Non-EU/EEA candidates is open each year from February 01 until April 30
• The application period for all EU candidates is open each year from February 01 until June 30

To apply for the MWM, please refer to the following link for EU citizenship and the following link for Non-EU/EEA citizenship.

As part of the application process, prospective students will need to supply the following documents:

• Full Bachelor (or other) degree transcript, incl. an official English translation if the original is not in English.
• Undergraduate diploma or other confirmation of completion (if diploma not yet available), incl. an official English translation if the original is not in English
• Curriculum Vitae
• Motivation letter/personal statement
• Additional documents, such as copy of passport or identity card, photo, etc. may be required by the student services department (SEVE).

Selection process

Students are selected based on their application file. The application file is assessed by the Admissions Board.

Assessment criteria include:

• Existing knowledge, skills and competences acquired during undergraduate degree
• Academic record and grades achieved
• Professional experience
• Motivation, extracurricular and other supporting activities, commitment to higher education and learning

Student visas

Non-EU/EEA applicants are advised to consult the student services department (SEVE) application page, which includes information about the visa application process (see point four in particular).

The Faculty of Law, Economics and Finance recommends non-EU/EEA applicants to:

• Consult their local Luxembourg consular office or other competent authority for complete information on visa application requirements and documentation needed;
• Allow at least three months for the completion of the visa application procedure;
• Plan sufficient time for obtaining some of the required documentation. E.g. the issuing of a police record can take several week/months depending on your country of residence;
• Read carefully and follow the steps outlined by the SEVE application page regarding the validation of non-EU/EEA issued academic degrees and diplomas.

Fees & funding 

Students have to pay an application fee of 50€ which will be deduced from the tuition fees in the first semester for accepted students.

The tuition fees are 200€ per semester for ALL students (EU and Non-EU/EEA)

The University of Luxembourg does not provide financial assistance to applicants. 

Luxembourg nationals and non-nationals who have lived in the country for more than five years/are children of parents employed in Luxembourg may be eligible to apply for CEDIES, financial assistance provided by the Luxembourg government. 

For more information about the cost of living in Luxembourg, please visit the SEVE “Students and money” pages.