MSc in Finance and Economics

Application

Admission requirements

Applicants need to have successfully completed a Bachelor’s degree or equivalent (180 ECTS) in economics, finance, management, mathematics, computer science, physics or a related discipline.

All applicants whose native language is not English need to be able to demonstrate proficiency of English at B2 level (compulsory), (according to the Common European Framework of Reference for Languages - CEFR)

Language levels should be documented by candidates in the following ways:

EITHER:

Secondary/high school certificate from a school at which the UL teaching language was the teaching language or one of the teaching languages,

OR:

University degree (Bachelor of Master level) certifying completion of a programme in which the UL teaching language was the teaching language.

OR:

Internationally recognised test certificate dating from no more than a year ago, such as TOEFL, TOEIC or IELTS for English, that corresponds at least to B2 level.

OR:

Secondary school diploma documenting at least 5 years of intensive language classes in the relevant language(s), with transcripts of marks achieved in language examinations.

Students wishing to study elective courses in French will need to provide proof of proficiency on a case-by-case basis. The University of Luxembourg offers language classes through the Language Centre (ULLC).

Application file

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

to enter in M1:

  • 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)

to enter in M2:

  • a 4-year BA degree in the field with 240 ECTs
  • a 3-year BA and 1-year Masters in the field achieving 240 ECTs
  • or 180 ECTs and 3 years work experience in the field
  • a specific and strong motivation for the chosen track
  • in addition, the applicants have to provide information how they achieved the learning outcomes at M1 level in the previous course of studies or during professional work. Thus, applicants need to supplement the admission file by providing the description of relevant modules/courses including the learning outcomes.

Selection process

The application file is assessed by the Admissions Board. Applicants are evaluated and selected on the basis of the application criteria to the MSc in Finance and Economics in general. (adequacy of the applicant's educational or professional profile with expectations, including the applicant's academic background, academic level assessed on the basis of transcripts (average, student rank if applicable), a strong motivation as demonstrated in the applicant's cover letter.

For M2, if the number of eligible applicants exceeds 25 (numerus clausus) per track, you will be placed on a waiting list ranked according to merit.

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

How to apply?

Applications have to be submitted exclusively online : Apply now.

Please pay attention to select the appropriate column (european or non european student)

Student visas

Non-EU/EEA students 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

The programme levies a €200 per semester administrative fee

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.