Since the Master’s in Finance is a popular programme and we want to guarantee an interactive programme, we apply a selection procedure. This means that besides the entry requirements, your application will also be selected based on the selection criteria.
The Admissions Office will evaluate your application for this programme based on:
1. Your academic Bachelor’s degree
If you want to apply for this Master’s programme, you should hold an academic Bachelor's or Master’s degree in Finance, or a degree in Business Economics, Economics or Business Administration with a specialisation in Finance or Real Estate Finance or one of the Bachelor's from our list of Dutch Bachelor’s degrees.
Eligible candidates must have at least 15 ECTS of coursework in finance. In addition, Applicants should have completed:
- An intermediate-level course in Investments, covering topics such as portfolio optimisation and diversification, CAPM, and factor-based pricing models.
- An intermediate-level course in Corporate Finance, covering topics such as capital structure theory and payout policy.
- An intermediate-level course in Econometrics, which must cover multivariate linear regression, omitted variable bias, and non-linear Logit/Probit models
- Some coursework on derivatives or risk management (this can be covered as part of a broader course on Investments or Corporate Finance)
You must upload a course description of each of these courses in your online application.
Additional to your Bachelor’s degree it is recommendable to have strong knowledge of economics, math and statistics as you will have a better understanding of the Master’s programme. Therefore, it can be helpful to have additional coursework in microeconomics, macroeconomics, accounting, mathematics and statistics at foundation-year level.
Bachelor’s degrees of universities of applied science are not taken into consideration.
Meeting the entry requirements alone is not a guarantee for admission. Besides the entry requirements you need to meet the selection criteria. This means that your application will be compared with other applicants. The selection is based on your GPA and motivation letter.
1. Your Grade Point Average (GPA)
Since the Master’s in Finance is a popular programme and we want to guarantee an interactive programme, we apply a selection procedure. One of the selection criteria is the Grade Point Average (GPA).
To select students for this programme, we will look at the average GPA of your finance-related core courses (Corporate Finance, Investment, Derivatives e.g.), plus Econometrics.
Only applicants with an average GPA of at least 6.9 (rounded) or higher for these courses are eligible for selection.
This means that students with this GPA will be considered for selection but placement is not guarantueed. The higher your GPA, the higher the chance you will be offered a place in the programme. If you hold a GPA below the stated minimum, you will not be offered a place in the programme.
In the 3rd week of June the best candidates will be selected.
Your GPA should be calculated over:
- all Bachelor's degree results (year 1-3). Any additional Bachelor’s courses have to be included as well.
- your Bachelor’s or Master’s, if you have a Bachelor’s as well as a Master’s degree. You need a GPA of at least 6.9 in the Bachelor’s or the Master’s.
Send your GPA calculation along with your application, you do not have to update your GPA calculation after 1 June. The best students will be selected after submitting the application at most 3 weeks after the application deadline of 1 June.
2. Your motivation letter
One of the selection criteria is the motivation letter. The MSc Finance is an academically challenging programme with a strong emphasis on research methods. Applicants are expected to have a high level of intrinsic motivation for academic study in general, and finance and economics in particular. Your motivational letter should clearly state why you are interested in studying finance and pursuing a career in this field. It should also explain why your academic profile is a good fit for the programme. Furthermore, use the motivation letter to highlight any important aspects of your profile that are not documented elsewhere in your application, as well as extenuating circumstances that you have experienced. (Max. 1 A4)