Master in International Finance (MiF)

The Master in International Finance (MiF) program at Luxembourg School of Business (LSB) is a 2-year full-time Master-level degree (120 ECTS) accredited by the Ministry of Research and Higher Education of the Grand-Duchy of Luxembourg.

The first intake is September 2024.

What sets Master in International Finance at Luxembourg School of Business apart:

• Impactful Learning with Real-World Application:
  • The MiF program at LSB goes beyond theoretical knowledge. It culminates in a mandatory 6-month internship, either in Luxembourg or internationally as well as a Master Thesis, allowing students to apply their learning in a real-world finance setting. This approach ensures that students don’t just learn about finance; they actively participate and make an impact in the field.

• Connections with the industry:
  • The program offers a robust theoretical grounding in finance, paired with frequent opportunities to connect this learning with practical applications through regular interactions with key industry stakeholders. This blend of theory and practice enhances the educational experience, making it more relevant and effective for students.

• International and Inclusive Educational Environment:
  • LSB is situated in one of the most open and international settings, providing students with an inclusive learning environment. This global context fosters diverse perspectives and enhances the learning experience, preparing students for a career in the international finance arena.

• Outstanding Career Prospects and Support:
  • With the dedicated support of the LSB Career Centre, students enjoy excellent career prospects post-graduation. The Centre’s services ensure that students are well-prepared for employment, contributing to full student employment following the completion of their degree.

Study at the source of Innovation in Finance

As a jurisdiction at the forefront of climate finance and sustainable finance, Luxembourg hosts the largest green stock exchange and the European Investment Bank (world’s largest multilateral financial institution).

Luxembourg hosts 120+ banks and is the second largest centre in the world for the fund industry after the United States.

LSB as Luxembourg’s business school leverages its industry and public sector partnerships to help place our students in a truly unique position to learn and contribute to innovations in finance.

Specializations

In the third semester of the Master in International Finance program at Luxembourg School of Business, students have the opportunity to tailor their learning experience with specialized electives in Corporate Finance or Capital Markets.

The  Corporate Finance specialization delves into strategic financial management, mergers and acquisitions, and financial restructuring.

In contrast, the Capital Markets specialization focuses on equity and debt markets, derivatives, and investment strategies.

Both specializations are underpinned by courses in sustainable and climate finance, reflecting the growing importance of environmental considerations in the financial sector.

Internship and Career Support

The MiF curriculum has a 1-month long Employability Module which prepares students specifically for their careers. The Employability Module was designed to help the students perform at their best during their internships and smoothly integrate their professional careers following their studies.

International Study Trips

While Luxembourg stands as a premier international financial hub, the Master in International Finance program at Luxembourg School of Business believes in broadening our students’ horizons beyond local borders. Our program includes organized study trips to other leading global financial centers.

These excursions are an important part of the learning experience, designed to provide students with a firsthand understanding of how different financial centers cultivate their unique specialties and strengths. Through visits to cities renowned for their financial influence, students will gain invaluable insights into the diverse facets and operations of global finance, enriching their perspective and enhancing their understanding of international financial dynamics.

An undergraduate degree (Bachelor degree or equivalent) from a recognized college or university  with a minimum of 180 ECTS  in any field of study* (engineering, social sciences, sciences, business, economics, arts, etc.) is required to enroll in the Master in International Finance at LSB.

*For students without previous coursework in Statistics, Mathematics and Research Methods, these additional courses will be completed during the first year of the program parallelly to the other regular courses.

*If the Admissions Committee is not able to ascertain the academic transcripts or diploma of the candidate, LSB reserves the right to ask this candidate for a Recognition of Diploma delivered by the Ministry of Higher Education of Luxembourg.

Fluency in English

• If you have  worked in an English speaking environment  for at least 2 years, please provide a recommendation letter from your superior.
• If you are a  native English speaker, or you have received a university degree exclusively taught in English, you do not need to submit proof of English proficiency. The transcripts are sufficient.
• If you are  not a native English speaker,  please provide proof of English proficiency: A transcript of your TOEFL Score (Minimum Requirement: Paper Based: 550, Internet Based: 85) or IELTS Score (Minimum Requirement: 6.5) – B2 Level.

Students who receive an admission offer and sign the Study Agreement will be asked to confirm their seats within 2 weeks with a non-refundable deposit of €5,000, deducted from their total tuition fees.

• For Students who  do not need a Visa or Authorization to Stay in Luxembourg, the Master in International Finance program tuition fee is set at  EUR 14,600 per year. The combined total for the two-year program will be  EUR 29,200.

• For Students who  need a Visa  or Authorization to Stay in Luxembourg, the Master in Management program tuition fee is set at  EUR 16,600 per year. The combined total for the two-year program will be  EUR 33,200.

For more information about visas and authorization to stay (ATS) in Luxembourg, please consult our dedicated page: https://luxsb.lu/programs/master-in-international-finance/