Admissions

Students applying for the one-year Master in Quantitative Economics and Finance need to have successfully completed four years of university studies (240 ECTS), usually a Bachelor degree and one-year Master in economics, finance, business, management, mathematics, or a related discipline.

The Master in Quantitative Economics and Finance is taught entirely in English and a C1 level is required and mandatory.

As part of the application process, prospective students will need to supply the following documents:
• Full degree transcripts (Bachelor, Master or equivalent), incl. an official English translation if the original is not in English.
• Diplomas of previous degrees (Bachelor, Master or equivalent) or other confirmation of completion (if diploma not yet available), incl. an official English translation if the original is not in English
• Separate list of relevant statistics courses followed as part of previous education, incl. title, short description and grade achieved. If the student has not taken any statistics courses, this should be mentioned.
• General GRE test scores (pdf suffices) – No waivers possible
• Curriculum Vitae
• Motivation letter/personal statement
• The contact details of two or more academic references
• Additional documents, such as copy of passport or identity card, photo, etc. may be required by the student services department (SEVE).

Students are selected based on their application file. The application file is assessed by the Admissions Board, which may also carry out interviews with shortlisted candidates.

The application period starts on 01 February 2025 for intake in September 2025. There are two waves of admission decisions with respective application deadlines: 30 April and 31 July. The admission decision will be communicated within two weeks following the respective deadline.

Early application is highly recommended as acceptance as well as merit-based financial support (see below) is allocated on a first-come-first-served basis.

Assessment criteria include:

• Competences, skills and knowledge acquired during undergraduate degree
• Academic record and grades achieved (incl. General GRE test scores)
• Motivation for science
• Extracurricular and other supporting activities, commitment to higher education and learning

Students have to pay an application fee of 100€ which will be deduced from the tuition fees in the first semester for accepted students.

The tuition fees are 400€ per semester for ALL students (EU and Non-EU/EEA)

Merit-based financial assistance in the form of full or partial scholarships is available to a limited number of admitted students. These scholarships include a monthly payment of € 1050,– for a full and € 525,– for a partial scholarship for the academic year starting in September 2025 and closing in August 2026.

The application for the scholarship must be included in the application file. The application form and detailed guidelines for the scholarship can be found here.

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 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.