Key Takeaways
Program Overview: The Grenoble Ecole de Management MSc in Finance is a two-year, full-time program that offers a deep dive into financial principles and practices. The curriculum includes core courses such as Corporate Finance, Financial Markets, and Investment Banking. Additionally, students can choose from a variety of electives to tailor their studies to their career goals. The program emphasizes practical application through projects, case studies, and internships, ensuring graduates are well-prepared for successful careers in finance.
Class Profile: The Grenoble MSc in Finance Class of 2023 is composed of 90 students from diverse academic and professional backgrounds. The class is 45% female and 55% male, representing over 25 nationalities. The average age of students is 24, and they bring an average of 2-3 years of professional experience, creating a dynamic and multicultural learning environment.
Tuition Fees: The tuition fee for the Grenoble MSc in Finance program is €24,950 per year. This fee includes tuition, essential course materials, and access to university facilities. Additional expenses such as accommodation, travel, and personal costs are not covered by this fee.
Average Salary and Employment: Graduates of the Grenoble MSc in Finance program have excellent career prospects, with an average starting salary of €55,000. Many alumni secure positions in top financial institutions, consulting firms, and multinational corporations. The program boasts a high employment rate within three months of graduation, reflecting its strong industry connections and comprehensive career support services.
Introduction
Applying for the Grenoble Ecole de Management MSc in Finance program is an exciting step for professionals looking to enhance their careers in finance. Known for its rigorous curriculum and strong emphasis on analytical and practical skills, the Grenoble MSc in Finance attracts ambitious individuals from all over the world.
This blog will provide essential tips and strategies to help you craft compelling essays and excel in the interview process, ensuring you present a standout application for this Grenoble MFin program.
| Tuition Fees | € 19,750 |
| Program Length | 2 Years |
| Program deadline | March 21, 2024 April 04, 2024 April 18, 2024 May 02, 2024 |
| Application Fees | NIL |
Grenoble MFin Class Profile
The Grenoble MFin program does not disclose distinctive data about there class profile on the website.
Acceptance Rate
There is no information provided, regarding the acceptance rate of the Grenoble MFin program on the official website of the program.
Program and Curriculum
The courses offered in the Grenoble MFin program change from time to time.
Core courses
Here are the core courses for this program.
| Courses | Description |
| Quantitative Methods for Finance | This course covers mathematical and statistical methods applied in finance. Students learn how to use quantitative tools to analyze financial data, make investment decisions, and manage risk. |
| Accounting and Financial Statements Analysis | This course focuses on understanding financial statements, such as balance sheets, income statements, and cash flow statements. Students learn how to analyze these statements to assess a company's financial performance and health. |
| Corporate Finance | Corporate finance deals with financial decisions within a corporation. It includes topics like capital budgeting, financial planning, and managing financial resources to maximize shareholder value. |
| Auditing & Controlling | Auditing involves examining financial records and statements to ensure their accuracy and compliance with accounting standards. Controlling, on the other hand, focuses on internal financial controls within an organization. |
| Fundamentals of Ethics and ESG (Environmental, Social, and Governance) | This course typically explores ethical considerations in the business and financial world. It may also delve into the emerging field of ESG, which assesses a company's ethical and sustainability practices. |
Electives
Here are the electives you can choose from.
| Electives | Description |
| Quantitative Finance | Quantitative finance is a specialized field that combines mathematical and statistical methods with finance to model and analyze financial markets, develop trading strategies, and manage risk. It involves complex mathematical modeling, statistical analysis, and the use of financial derivatives. |
| Investment Banking & Financial Advisory | Investment banking and financial advisory involve providing a range of financial services to clients, such as corporations, institutions, and governments. This includes services like mergers and acquisitions (M&A) advisory, capital raising, financial restructuring, and strategic financial advice. |
| Sustainable Finance | Sustainable finance, also known as green finance or ethical finance, focuses on integrating environmental, social, and governance (ESG) factors into financial decision-making. It aims to support environmentally friendly and socially responsible investments, as well as assess and mitigate the financial risks associated with sustainability issues. |
Clubs & associations
The clubs & associations you can join.
| Clubs & associations | Description |
| Altigliss | Organizes the GEM Altigliss student ski and snowboard world cup. |
| GEM ONU | Geopolitical association that enables students to partake in various Model United Nations events with students from around the world. |
| GEM Finance Society | Invests on the stock market, provides financial services to companies, offers microcredits, actively publishes articles concerning the current market situation, and creates events to engage students who pursue a career in finance. |
| GEM en débat | Debate association that regularly organizes conferences and debates on current events with influential actors. |
| Aloha | In charge of welcoming and integrating international students as well as promoting international cultures to French students. |
Scholarships
The scholarships you can get for this program.
| Scholarship Name | Amount | Eligibility Criteria |
| Professional Experience & Achievement Scholarship | Up to 7,000€ | Based on demonstration of significant achievements within a professional environment. |
| Early Admission Scholarship | 1,500€ | Being accepted by March 31st, 2023. |
| Commitment Scholarship | 1,000€ | Being accepted by July 1st, 2023. |
| Immediate Family Scholarship | 5,000€ | For candidates who have a parent, sibling, or child enrolled or graduated from a degree-awarding program at GEM. Other non-immediate family members are not eligible for this scholarship. |
| Academic Excellence Scholarship | Up to 5,000€ | Based on academic results and/or significant achievements within a professional field. |
| STEM Program Graduates Scholarship | Up to 5,000€ | For candidates who have graduated from a Scientific, Technological, Engineering or Mathematics-related higher education degree. |
| Solidarity Scholarship | Up to 50% of tuition fees | For exceptional candidates with outstanding overall profiles and financial need. |
| Program Diversity Award | Up to 10,000€ | This scholarship is designed to encourage diversity in the programs, based on the candidate’s profile and background. |
Eligibility and Requirements
Here are the Grenoble MFin eligibility & requirements criteria and documents related to the application:
Eligibility
An undergraduate degree equivalent to a minimum of 180 ECTS or certificate of enrolment with an approximate graduation date.
Application fees
The application fee for the Grenoble MFin application is €4,500.
Application documents
- Degree certificate(s) or current certificate of enrolment.
- A one-page resume (CV).
- All official up-to-date academic transcripts and official GPA.
- GMAT or GRE official test score report.
- English language proficiency test score report (IELTS or TOEFL or PTE or Cambridge).
- Two completed online reference forms.
- Three short essays.
- Scan of passport
- Internationally recognized passport picture
GPA
GPA, or Grade Point Average, is an indicator of academic achievement. We require a minimum score of 60-65% in your Bachelor's degree. This is equivalent to a GPA of 2.4/4. This can also vary according to the institution you have graduated from.
GMAT
The GMAT, or Graduate Management Admission Test, is a globally recognized standardized examination that many business schools utilize as an evaluation tool for candidates hoping to gain admission into their MBA programs. In order to be considered for admission a minimum of 600 overall with 70% in the quantitative section.
GRE
Business schools around the globe have made accepting GRE scores as a substitute for GMAT scores more prevalent. a minimum of 60% in the Verbal Reasoning section, 70% in the Quantitative section, and 4.0 or above on the Analytical Writing section
Average work-experience
Work experience is not required in order to apply to the Grenoble MFin program, but if you do have some you can mention this in the application form.
English language proficiency test scores
- TOEFL IBT: 90 (minimum of 21 in all bands).
- IELTS Academic/IELTS Indicator: 6.5 (minimum of 6.0 in all bands)
- Cambridge English (Proficiency/Advanced/Business Higher) level C1: Grade A,B or C
- Pearson Test of English Academic (PTE-A) Online/Offline: 63 (minimum of 59 in all bands)
- Duolingo English Test: 110 (minimum of 90 in all bands)
- English test waiver may be granted if Bachelor’s degree was fully taught through the medium of English (official proof required)
Grenoble MFin Deadlines
It is recommended that applicants submit their applications as early as possible to increase their chances of admission and to allow sufficient time for visa and scholarship applications if necessary.
Admission process
The typical path to admission into the Grenoble MFin program includes the following itinerary:
- Submitting application: Commencing the process of applying is first and foremost an endeavor that necessitates the submission of an online application. This comprises both personal details as well as academic achievements; while it certainly should also include essays, letters of recommendation - and so on!
- Standardized & English language proficiency: For applicants whose native language is not English, they must undertake TOEFL or IELTS assessments for English proficiency.
- Interview: Due to their rigorous admission process, they don't do interviews.
- Decision: After deliberation, the admissions board reaches a resolution about the candidate's application. This could result in an offer of admission, placement on a waitlist or outright denial.
- Acceptance: If an offer of admission is made, the candidate can readily accept it and make a downpayment to secure their space in the course.
When do the admissions start?
Applicants for the Grenoble MFin program typically commence the admissions process in September of each year - although, always consult with their official website to ascertain when dates will be availed.
| ROUNDS | INTAKES |
| ROUND 1 | April 20, 2023 |
| ROUND 2 | May 04, 2023 |
| ROUND 3 | May 18, 2023 |
Employment And Placement
The Grenoble MFin program at our institution boasts a strong track record of employment and placement success. Within just four months of graduation, an impressive 89% of our graduates secure employment, a testament to the program's effectiveness in preparing students for the job market. What's particularly noteworthy is that nearly half of our graduates, 49%, find opportunities to work internationally, indicating the program's global relevance. In terms of financial rewards, our alumni report competitive annual salaries with bonuses after graduation, with 38% earning more than 55,000€, and 42% falling in the 40,000€ to 55,000€ range.
This diversity in salary levels reflects the wide array of roles our graduates enter. The program's ability to produce professionals who go on to become Investment Banking Analysts, Asset Managers, Financial Controllers, Traders, and many other finance-related roles underscores its comprehensive and versatile curriculum. Furthermore, for those with a thirst for continued education, our institution provides opportunities for MSc graduates to pursue further studies, including Advanced Masters and Doctoral Programs. Overall, our MSc Finance program equips graduates with the skills and opportunities needed for a successful and globally-oriented finance career.
Grenoble MFin Top Sectors Hiring
Several top companies across various industries recruit from the program. The program's graduates are highly sought after and have gone on to work for some of the world's leading organizations. The program's global reputation and alumni network play a crucial role in securing job opportunities for MFin graduates.
Companies recruiting from the Grenoble MFin
Here are the top three sectors hiring from the Grenoble MFin program:
| Consulting | Finance | Technology |
| Ernst & Young | European Central Bank | Bloomberg |
| KPMG | Royal Bank of Canada | General Electric |
| PwC | Société Générale | Hewlett-Packard |
Alumni Info
Grenoble boasts a vast alumni network of 37,698 individuals, and our graduates are leaving a significant impact on a global scale, working across a wide spectrum of organizations, including both large multinational corporations and innovative startups.
Some of the notable alumni are:
- Guillaume Bessard- Finance and Supply Chain Senior Director of Bandai Namco
- Marianne Mézou- Director of Human Resources France, Belgium and the Netherlands at Beiersdorf
- Meleyne Rabot- Director at Too Good To Go
Application Essay
You need to answer these questions for your application essay of the Grenoble MFin program.
- Question 1
What would you like the GEM admissions board to know about your professional work and / or academic experience - Question 2
Why are you interested in Grenoble Ecole de Management and this particular program? - Question 3
Please list your most significant experiences growing up, living, studying, working or travelling outside your own country - Question 4
What do you understand by culture shock? Have you ever experienced it and how did you deal with it?
Letter of Recommendation
You need 2 Letters of Recommendation for the application of Grenoble MFin program. The referee completes the online questionnaire which is sent to them directly from the application system. This allows us to evaluate all applications in the same way and in line with our quality procedures. The questionnaire is in English.
Once your referees have returned the questionnaire your application will be processed within 2 weeks. It is advisable to warn your referees that they will be contacted so that your application can move forward as quickly as possible.
Grenoble MFin Interview Questions
There is no interview for the Grenoble MFin program.
What Makes Grenoble Ecole de Management MSc Finance Unique
The Grenoble MFin program is designed to equip students with the knowledge and skills needed for careers in the financial sector, including roles in investment and commercial banking, asset management, financial services, consulting, and managerial positions in international corporations.
Here are some key program highlights:
- CFA Exam Preparation: The program offers excellent preparation for the Chartered Financial Analyst (CFA) exams. It is aligned with the CFA Candidate Body of Knowledge (CBOK) and is part of the CFA University Affiliation program. Additionally, it covers related areas such as management control systems, economics, corporate governance, and private equity investment.
- Development of Financial and Soft Skills: Our primary goal is to help students develop strong technical and analytical skills in finance principles and their practical application. We also emphasize the acquisition of industry knowledge and exposure to a multicultural environment.
Conclusion
The Grenoble MFin program stands out as a top choice for those seeking a comprehensive education in finance. With a strong focus on preparing students for careers in various financial sectors and offering robust CFA exam preparation, it equips graduates with the skills and knowledge they need to excel in the competitive world of finance.
Moreover, the diverse range of scholarships available and the global reputation of the institution make it an attractive option for international students. All in all, pursuing an MSc Finance from Grenoble Ecole de Management promises a transformative learning experience and a pathway to a successful and globally oriented finance career.
