MSc in Climate Change & Sustainable Finance
At a Glance
At a Glance
This new double degree is specifically designed to combine financial expertise with a sound understanding of the scientific and engineering challenges associated with the transition to a low-carbon economy. Energy transition will require the development of a wide range of new financial instruments and innovations. This massive change will have profound implications for markets, companies, intermediaries, and investors. Our programme taught entirely in English, will prepare the next generation of financial professionals for this energy transition, giving them the right skill set to ensure that the financial industry can provide long-term support to environmental needs.
By choosing our MSc in Climate Change & Sustainable Finance, you will become part of an elite group of financial professionals equipped with the skills and passion to incorporate environmental, social, and governance factors in the financial decision-making process. You will be awarded an MSc in Climate Change & Sustainable Finance from EDHEC and a specialised diploma in Finance and Climate Change from MINES ParisTech.
Language: English
Location: Remote in July-August (self paced)
Nice and Sophia-Antipolis from September to May
Start Date: July 22
Deadline to apply: 30-Jun-22
EDHEC partners with CA CIB for the MSc in Climate Change & Sustainable Finance.
EDHEC partners with Amundi Asset Management for the MSc in Climate Change and Sustainable Finance.
EDHEC partners with Crédit Agricole Nord de France for the MSc in Climate Change and Sustainable Finance.
EDHEC partners with MINES ParisTech for the MSc in Climate Change and Sustainable Finance.
Completion of the MSc will provide you with the valuable competencies:
- To help companies reinvent their businesses in a sustainable way
- To assess the consequences of financial decisions in the light of climate-change
- To address the challenges of the financial industry's adaptation to climate change
PROGRAMME LENGTH
July-May: academic courses / June onwards: work experience
HIGHLIGHTS OF THE PROGRAMME
♦ 18-month full-time programme: 1-year academic & 4-6-month internship/work placement
♦ Taught entirely in English
♦ A mix of foundation courses, core courses & electives
♦ Talent Identification & Career Development (TI&CD)
♦ Master Project
EXAMPLE OF ELECTIVES
♦ Carbon allowances and trading
♦ Innovation in cleantech and climate-change solutions
♦ Private equity and project finance for sustainability
4-6 MONTH INTERNSHIP
The personal and professional benefits of an internship are immense and long-lasting. Expanding your global contact network is no different. During your internships abroad you will develop valuable business relationships which will take your career goals to an international level. Many students find their jobs as a result of internships during their time at EDHEC.
MASTER PROJECT
The Master Project allows you to put acquired knowledge and skills into practice. If you prove your ability to perform high-quality research, EDHEC faculty or members of its research centres may working under their supervision, offer you the opportunity to deliver your Master Project in the form of applied research.
CREDITS VALUE
120 ECTS.
Professional focus areas include:
- ESG analyst
- Financial analyst
- Energy policy analyst
- Energy project manager
- Commodity broker/trader
- Legal and compliance officer
- Sustainability business consultant
- Sustainable investment portfolio manager
- Risk manager
- Sustainability expert
Academics
Academics
“In 2018, the United Nations Intergovernmental Panel on Climate Change (IPCC)* warned that we only have twelve years in which to prevent the worst impacts of climate change. This is a truly frightening statement and I believe that institutions need financial experts able to manage climate change financing with a comprehensive view of what is at stake. Embarking on a Master’s programme which provides a truly interdisciplinary perspective; that is financial, managerial and scientific, is key to driving positive change.”
— Laurent DEVILLE, Director, Financial Economics Track
*2018 special report on Global Warming of 1.5°C
BOUSTANIFAR Hamid, PhD
Associate Professor
Finance
CALVET Laurent, PhD
Professor
Finance
CROUX Christophe, PhD
Professor, Head of Faculty (Data Science, Economics and Finance)
Data Science
DAVY Dennis
Associate Professor
English
DE CLIPPELEER Inge, PhD
Associate Professor
Management
DEMUIJNCK Geert, PhD
Professor, Head of Faculty (Management and Humanities)
Business ethics, Political Philosophy
DEVILLE Laurent, PhD
Associate Professor, Director Financial Economics Track
Finance
FAGAN FRANK, PhD
Associate Professor, Scientific Director of the EDHEC Augmented Law Institute
Law
GIANFRATE Gianfranco, PhD
Associate Professor
Finance
HAGUET Daniel, PhD
Associate Professor
Finance
HERNANDEZ TINOCO Mario, PhD
Associate Professor
Finance
LIOUI Abraham, PHD
Professor, Co-Director of the Scientific Beta Advanced Factor & ESG Investing Research Chair
Finance
LOUISY-LOUIS Moïse, PhD
Assistant Professor
Accounting
MARTELLINI Lionel, PhD
Professor, Director of EDHEC-Risk Institute
Finance
MILNER Julia, PhD
Professor
Leadership
PARISE Gianpaolo, PhD
Associate Professor
Finance
PEIJNENBURG Kim, PhD
Professor
Finance
PELGRIN Florian, PhD
Professor
Economics
REBONATO Riccardo, PhD
Professor, Researcher at EDHEC-Risk Institute
Finance
RUBIN Mirco, PHD
Associate Professor
Econometrics
SCHROTH Enrique, PhD
Professor
Corporate Finance
STEPANYAN Gohar G., PhD
Associate Professor
Finance
TADDEI VALENZA Pascale
Associate Professor, Deputy Head (Accounting & Law EDHEC BBA)
Accounting, Management Control
TESSAROMATIS Nikolaos, PhD
Professor, Director of the PhD in Finance, Director of the MSc Risk & Finance
Finance
UPPAL Raman, PhD
Professor
Finance
VERGAUWE Skrålan, PhD
Associate Professor
Accounting
WITTE Anne, PhD
Professor, International Academic Affairs & Standards and Policies
Culture
You will take three foundation courses in online format over the July/August period. The selection of courses, done by the selection committee, will depend on your choice of specialisation and background.
The course is designed to provide students with an overview of the foundations of financial accounting with a practical focus on financial statement analysis and the valuation of public organisations. Upon completion of the course, you will have the necessary competencies to evaluate a company’s financial performance using the relevant financial statement analytical methods and ratios, perform a basic valuation of public companies, and link a company’s financial performance with its market valuation.
This course will provide you with a solid grounding in the principles and practice of finance. You will develop an understanding of the tools necessary to make good financial decisions. This module aims to provide knowledge and understanding of key management issues in corporate finance and in the market for financial assets. Upon completion of the course, you will be able to apply major valuation techniques and know-how to maximize the value of a portfolio.
Income and derivative instruments play a key role in transferring risks in the economy and are commonly used in investment and corporate financial management. This course offers a first exploration of the world of derivatives securities such as forwards, futures, swaps, and options. The purpose of this course is to provide the fundamentals for a good understanding of how these instruments trade, how they can be valued, and how they should be used. Upon completion of the course, you will be able to build fixed income and derivatives portfolios fitting specific needs and/or expectations and to price fixed income and derivatives instruments.
This course is run as a combination of two modules: Basics in Statistics and Introduction to Coding with R through EDHEC’s Online Unit. We strongly recommend completing the modules in parallel, one week at a time. This Basics in Statistics module presents the basic principles of statistical data analysis (description, estimation, testing), as well as the most common statistical methods such as linear regression. The Introduction to Coding with R module introduces R, a standard and powerful programming language well suited for data analysis: its objects and its syntax, presents Anaconda and RStudio, two user-friendly working environments for R, and selected built-in functions that perform common tasks. Upon completion of the course, you will understand the basics of good coding practice and habits, be able to create appropriate graphs for statistical analysis, create or calculate and interpret confidence intervals and p-values, run and interpret linear regression models, write and test R code in a Jupyter notebook or R Studio, import and manipulate data from standard formats, use built-in R functions to perform basic statistics.
Two pre-study courses will be offered to students with business or engineering backgrounds to ensure that all participants have mastered the prerequisites needed to follow the core courses.
- ERI - MOOC 1: Introduction to Portfolio Construction and Analysis with Python
Engineering pre-requisites
- An introduction to the physics of energy transfer – for those with a business background
- An introduction to financial markets and institutions – for those with an engineering background
The online course “Introduction to Portfolio Construction and Analysis with Python” by Vijay Vaidyanathan, PhD and Lionel Martellini, PhD, is available on Coursera. The practice of investment management has been transformed in recent years by computational methods This course provides an introduction to the underlying science, with the aim of giving you a thorough understanding of that scientific basis. The course helps you build on that foundation in a practical manner, with emphasis on the hands-on implementation of those ideas in the Python Programming Language.
This course will introduce the fundamentals of the physics laws and phenomenon engaged in the climate change. A presentation of the four fundamental interactions that are ruling the physics and as a consequence the climate change. The course will present the phenomena that rule each system that produce or consume energy, the laws and their equations to show where the difficulties are to achieve a perfect use of energy. The different area of the physics will also be presented and illustrated by practical applications.
The course explains how basic ideas in economics can help answer fundamental questions about the abatement of climate change, such as how to choose between different abatement initiatives, how quickly and extensively we should act, etc. The social discount rate is one of the key conceptual tools introduced in the course and will provide a unifying thread linking different concepts. You will understand how to assess the relative desirability of various abatement options, how to weigh the pros and cons of fast, moderate and slow abatement pace, what the main analytical tools are to answer these questions (the Ramsey Equation, Integrated Assessment Models). You will develop a critical understanding of the strengths and limitations of these analytical tools. You will be exposed to cutting-edge research in the area and take part in live exercises.
The course will introduce the main tools, challenges and opportunities to measure climate-related financial risks. We will focus on climate scenarios and Integrated Assessment Models ; macrofinancial relevant climate financial risks ; the policy and regulatory landscape; taxonomies ; metrics and methods for climate financial risk disclosure and assessment. Upon completion of the course, you will be able to analyse characteristics and limitations (including greenwashing) of methodologies used to assess investors’ exposure to climate risks and have the competences to apply state of the art metrics for climate-financial risk disclosure and assessment in investors’ portfolios.
This seminar aims to develop the cognitive and behavioural abilities to manage and lead effectively across cultures particularly for students pursuing careers in finance. After attending this seminar, you will be able to understand the role of managers and their leadership challenges, you will gain practical experience with diversity by working in international teams effectively and productively and question stereotypes through heightened cultural awareness and the critical analysis of diverse leadership styles.
It must be acknowledged that the expected energy transition will not occur spontaneously and will require active intervention (from stakeholders: governments, companies, etc.). This expresses a mandatory shift from open-loop (past) revolutions to closed-loop energy transition in order to achieve a decarbonization target in time. This course will help you understand the stakes underlying the design of an actual low-carbon transition and the concepts underlying the term of transition in the framework of climate change. You will analyse the historical review of past energy transition/revolution and doing so, understand the mechanisms underlying energy transition in selected exemplary countries. You will learn how to synthetize the keys for drawing up energy transition policies that are compatible with climate issues.
The objective of the course is to provide an overview of climate change context from the perspective of its regulation, including scientific facts on climate change, international political organization, and associated policies. It will help you understand what affects the world around them and what leads to its evolution, in the context of the fight against global warming giving them a solid grounding in the stakes, instruments and tools necessary for decision-makers to take decisions consistent with the future expected net-zero world. Upon completion of the course, you will be able to evaluate a variety of systemic decisions in the context of achieving long-run objectives and synthetise the appropriate elements of the course to develop a relevant analysis of international climate issues.
The objective of this course is to provide an exhaustive point of view of the energy situation on earth. You will learn the basic facts of climate science, introducing the climate dynamics from the physical equations that govern the exchanges on earth regarding the models and the measurements. So you will be able to suggest or assess solutions to fight against global warming we have to be aware of the causes that explain such a reality. As energy is at the origin of all human activities, it is mandatory to tackle the problem to have a perfect knowledge of all the energy fluxes, reserves, resources, potentials and transformations. An exhaustive point of view of the energy situation on earth include also state of the art of production and uses in all sectors of human activities, the notion of energy chains (coal, oil, natural gas, electricity, and others) will be introduce aiming at assessing the possible interactions and substitutions between each other in order to reduce their impacts on the climate change.
The notion of “sustainability” has arisen in the last decades to describe the development that aims to “meet the needs of present without compromising the ability of future generations to meet their own needs”. Most experts agree that fulfilling this definition requires respecting three dimensions or pillars, namely environmental, economic and social dimensions of sustainability. After having defined the notion of externalities of an energy project, we will provide global insights on the available methods and tools to measure the environmental and social sustainability of energy systems, based on the multi-criteria framework of Life Cycle Thinking. Upon completion of the course, you will understand the Life Cycle Sustainability Assessment framework and social interactions and externalities principles. You will have the competences apply the LCA to energy generation and analyze environmental impacts of energy systems.
Regarding all the technologies available, it is important to have some tools to assess the CO2 emissions of energy production and uses in a real context for a local scale project. In this course we will learn how to use the Retscreen® expert software to analyse energy efficiency and renewable energy projects feasibility at local scale including the economic aspects. Projects in several domains from renewable production to energy efficiency valuation in industrial or tertiary sector, agricultural or transportation will be proposed. Upon completion of the course, you will a good understanding of the feasibility and performance concepts of local energy system, and be able to utilize appropriate technologies and methodologies to assess environmental impact.
Financial decisions worldwide are increasingly influenced by the scarcity of resources and climate. Facilitating the transition towards a low-carbon economy requires a broad array of new financial instruments and new methods for construction investment portfolios so as to ensure that long-term capital is committed to address long-term environmental needs. Leveraging on the students’ core knowledge in finance and their understanding of the scientific and engineering challenges associated with the transition to a low carbon economy, this course is intended to provide an in-depth introduction to how investment decisions can impact and be impacted by climate risks. The course also involves keynote lectures by seasoned practioners who will be able to provide useful insights in practical implementations of climate-aware investment solutions. Upon completion of the course, you should understand the trade-offs involved in the construction of low carbon investment portfolios and the interactions between financial risks and climate risks. You will be able properly measure carbon risk exposure at the portfolio level and construct efficient portfolios subject to carbon footprint constraints.
The finance industry needs to be at the core of the transition to a low-carbon economy. To make sure it happens, regulators have embarked on a wide range of projects to frame and accelerate the initiatives already taken by the financial industry. This course aims at providing a thorough overview of these various initiatives and discusses their possible impacts. Upon completion of the course, you will be able to understand the regulations impacting energy transition in the financial industry, analyse and evaluate the impacts of these regulations on the business model and management of financial industry participants.
Climate change is no longer hypothetical. Scientific evidence is clear about the fact that temperatures are rising at an unprecedented rate and that it is most likely due to human activity since the mid-20th century. To be able to limit the increase in global average temperature to 2°C above pre-industrial levels at most, all industries will have to make investment decisions that will alter the current path. Delaying emissions reductions will lead to long lasting implications. This course will lay the foundations for the development of solutions in the financial industry. You will learn the design of solutions to finance climate transition and be able to conduct climate stress-testing for financial assets. You will be able to analyse specific climate financial problems and design well-articulated, documented, and persuasive solutions.
Spurred on by the issue of climate and economic globalization, prospective modelling, a tradition neglected over the years, linking digital projection, mathematical economics, public economy, and strategic thinking, is today reinvested considerably in the context of international negotiations around the climate issue. The aim of this course is to present prospective modelling tools, created in the 1960’s from the dialogue between mathematicians and economists and based on a concept of optimality. Through concrete examples, you will learn why these tools, bringing skills in applied mathematics and economic sciences into play, have become the key, essential aid to prospective reflection to assess policies to fight against climate change. This course aims also at tackling mathematical problems from another angle by illustrating the role of mathematic modelling and optimization for issues “in theory” without mathematics; preparing for debates on climate change by giving perspective to available modelling tools and tackling the problems with modelling in a complex dynamic context, that of climate change, where the human factor is central.
The objective of the course is to provide a solid grounding in the principles and practice of long-term modelling applied to energy systems, and to develop the understanding of the tools necessary to make consistent decisions with the energy-climate issues. You will be provided with an overview of decision support tools in the energy/climate field, how they work and how to interpret the results obtained or presented. Upon completion of the course, you will fully understand the prospective approach and models used in the context of energy-climate stakes. You will be able to read, interpret and analyze models’ results and determine relevant scenarios to assess the impacts of energy choices, to apply acquired knowledge to develop a critical analysis of decisions to achieve long-run objectives and combine the appropriate elements of the course to solve specific problems.
Technology is pervasive in our day-to-day life often thanks to companies that were VC-financed start-ups not so long ago. The VC career path is extremely compelling for students who love variety and all-life learning together with the chance to model the future and have impact on the planet (not to mention the financial personal benefit).
The course will strive to be as practical as possible and will benefit from numerous case studies and external speakers. You will learn everything from start-up due to diligence to fund organization via VC as an asset class and impact investing. Upon completion of the course, you will be able to evaluate a team, a market, a business model, value a start-up and scale-up and negotiate a term sheet, understand the particulars of portfolio construction in VCs, the duties and risks associated with being a board member and the need to differentiate oneself when fundraising and evaluate different impact measurement methods.
One of the most important challenge that has to be addressed is the integration of the deployment of all the actuals and futures clean technologies. Upon completion of the course, you will fully understand the specificities of the Clean Technologies in OECD countries. You will be able to utilize the proper technologies for use cases assessment, to analyse the impacts of Clean Technologies on local and global scales, and evaluate the benefits of Clean Technologies in OECD countries.
From a technological perspective, several individual innovations have been proposed to enable the transition towards more sustainable energy systems. Yet the adoption of these solutions faces several technical and non-technical barriers and one of the most important issues that have to be addressed is how to achieve an effective deployment and integration of all the available clean technologies. This challenge which is a critical element of any energy strategy is country-dependent. The objective of this course is to provide you with the necessary skills to understand the principles, the expected contribution, and the adoption challenges of various clean techs in a developing country context.
Career Centre
Career Centre
EDHEC Career Centre helps you to master your career plan.
A dedicated team organises numerous training and recruitment events, on- and off-campus, to prepare you for challenging international recruitment processes and to help you network with potential employers.
BOOST YOUR CAREER
Understanding and developing the attributes and skills employers require is key to employability. This is why the EDHEC Career Centre offers a programme specifically designed to help master’s students define and achieve their career goals ‒ the EDHEC Career Booster. The programme looks at students' specific needs, wants and goals in the context of their professional development and matches them to job-market requirements.
Eighty percent of our EDHEC Career Services for students are tailored to individual needs and career goals.
YOUR CAREER GOALS
Through a four-step programme, which includes self- and 360-degree assessment, you will get to know yourself better, identify your strengths, key attributes and areas for development, and define your career goals and job-search strategy. You will benefit from year-round individual career advice from dedicated counsellors, external experts and coaches, both on campus and remotely, as well as personalised coaching based on our in‑house assessment.
YOUR CAREER TRAINING
Through voluntary and mandatory career training, workshops, CV clinics and assessment centres, you will hone your skills and learn to master the most competitive recruitment processes. As an MSc student, you will benefit from customised training by industry, market and function, in addition to individual mock interviews, including technical interviews and case practice. EDHEC Career Centre also offers a fully online career development programme that allows you to train at your own pace, in line with your goals.
YOUR CAREER OPPORTUNITIES
EDHEC Career Centre organises more than 120 events annually, focusing on industry-specific insights or jobs, market trends and companies. It also organises four company trips to Dublin, London, Luxembourg and Paris. You will have access to exclusive internships and job offers.
- 60,000 internships and 33,500 job offers posted on EDHEC’s dedicated jobs board every year
- 40% international mobility in our master’s degrees
- 400+ companies involved in our events every year, 20% of them international
- 100+ corporate partners
- 300+ regular recruiters
List of services Career Centre provides:
- Individual career counseling (on campus, via phone, via skype) with internal and external counselors
- Help to define career goals and search strategy
- CV and CL correction in English and French
- Career training and workshops (CV, CL, application forms, interview skills, networking, social media, personal branding, etc.)
- Graduate Programmes
- On-campus events
- Off-campus events
- Website with plenty of career resources
- Placement reports
- The Teaching Factory concept
Every year EDHEC Career Centre organises a number of events throughout the year to give its students an opportunity to learn about job and internship opportunities offered by companies, government agencies, and non-profit organizations where they might like to work with.
- 60,000 internships and 33,500 job offers posted on EDHEC’s dedicated jobs board every year
- 40% international mobility in our master’s degrees
- 400+ companies involved in our events every year, 20% of them international
- 100+ corporate partners
- 300+ regular recruiters
- 120+ career events
- Finance Career Days
- International Graduate Programme Day
- Industry-specific events: luxury, audit, marketing, etc.
- Dublin, London, Luxembourg & Paris company treks
Learn more about the various events organised by the career centre department.
Programme Insights
Programme Insights
News
- 12-11-2021
Laura Cristina Granada Alape joined EDHEC MSc in Entrepreneurship & Innovation. She was awarded the COLFUTURO and EDHEC Scholarship.
Which program did you choose? Why EDHEC, a French Business school?
The program I am studying in is the MSc in Entrepreneurship & Innovation. I chose this program because...
- 04-11-2021
Sahil Dholakia joined EDHEC Master in Management-Business Management in 2021. He was awarded the Eiffel Excellence Scholarship.
Can you tell us about your background?
I studied Mechanical engineering at Dwarkadas J. Sanghvi College of Engineering in Mumbai. I thought about studying management because I felt that it is...
- 02-11-2021
The 2021 ranking of the prestigious British media, The Economist, places the EDHEC Alumni network in second place worldwide for the 'Potential to network' criterion - during training and after graduation. This ranking is based on a survey conducted with recent graduates of EDHEC's Master in Management on the...
The Student Experience
Admissions
Admissions
- APPLICATION FEES: €100
- FEES: €27,800
- APPLICATION DEADLINE: 30 JUNE 2022
► Please Note: Applications are received and evaluated on a rolling basis until 30th of June 2022.
FEES INCLUDE:
- Tuition fees
- Access to the EDHEC Career Centre with personal career coaching during your studies and for the duration of your professional life
- Access, as a matriculating student, to on-campus facilities (incubator, learning centre, sports facilities, etc.)
- Lifetime access to the EDHEC Alumni community
- Administrative fees
All of EDHEC's full-time MSc programs are accredited by the CEFDG at the Grade Master level. Enrolled students are eligible for a Temporary Resident Permit (or APS for Autorisation Provisoire de Séjour) at the end of the program.
We are looking for intellectual talent with a history of achieving high-level goals.
♦ 3-year bachelor degree minimum (Engineering any type or business background (Finance)
♦ Strong GMAT or GRE or TAGE MAGE or CFA Level III or CAT* official test score report. (CAT* for Indian students only).
♦ Acceptable English proficiency tests/certificates (TOEFL, TOEIC or IELTS)
- TOEFL Internet-based ≥ 92
- TOEIC ≥ 850
- IELTS ≥ 6.5
- Cambridge Test of English > 175
♦ CV
♦ Letter of motivation
♦ Academic transcripts
♦ 2 letters of recommendation
♦ Online interview to complete
► English native speakers or those holding a degree taught in English (minimum 3 years) are eligible for an English Test waiver.
The online service will enable you to apply for every Masters programme offered at EDHEC Business School - Master in Management (MiM) or Master of Science (MSc). Your application file will be processed by the Admissions Team and sent to the Selection Committee for appraisal. The Selection Committee takes place once a month in Fall and twice a month in Spring. You will be informed by email of the evolution of your file including the final decision.
♦ If you are a new user, you must create your account / Sign up.
♦ If you already have an account (candidate EDHEC student), please jump directly to step 5 by clicking on the "Apply online" button. It means you are already in the system, so there is no need to "create your account".
♦ After creating your own account you will receive a validation e-mail. Click on the link provided in this mail to activate your account.
♦ You will then receive a confirmation containing your personal login and password.
♦ Once you register or if you already have a valid EDHEC account, access the online-application form and enter your login.
♦ To avoid losing your information during your application, please do not refresh the current page or go back to the previous one without saving your application first.
♦ Your application may be done in several stages. The information entered each time will not be lost.
♦ Before going to the tab "Payment", please check that you have not forgotten any element of your application file and that all the information is correct. Further modifications will not be possible after payment has been made.
♦ Application fees must be paid online.
♦ After validation, your application will reach to the final stage and no reimbursement will be possible, even in the event of your withdrawal.
♦ If you encounter any technical problems during the completion of your online application, please send an email to: Contact_iol@edhec.edu
♦ Important Note: Please use only ONE email address to submit your Online Application and to communicate with the Admissions team.
EDHEC offers various scholarships & financial aids based on merit and financial need of the student. The French Ministry of Foreign and European Affairs also offers a large number of grants and scholarships. Lastly, students accepted to EDHEC are entitled to apply for private loans to cover the cost of their tuition fees.
The EIFFEL Scholarship offers financial support to high-achieving international candidates. It awards about €1200 per month. The scholarship is financed and managed by the French Ministry of Foreign Affairs and International Development
Who can apply:
Any students under 25-year-old with an excellence profile:
- GMAT 650 or above (GRE accepted). Please note that it is not mandatory for programmes not requiring this GMAT test.
- Acceptable English proficiency tests/certificates (TOEFL, TOEIC or IELTS)
- TOEFL Internet-based ≥ 92
- TOEIC ≥ 850
- IELTS ≥ 6.5
- Cambridge Test of English > 175
- Excellent academic records (GPA)
- Strong motivation and clear objectives
- Awards, previous scholarships, achievements etc.
When is the deadline: Complete applications must be sent to EDHEC before 1st December
More information:
To note: EIFFEL and EDHEC scholarships cannot be combined.
EDHEC offers scholarships to support high-profile candidates based on the excellence of their academic profile, impressive experience and extracurricular activities. A request for financial aid must be made at the time of application via the Financial Aid & Scholarship Form.
- Excellence Scholarship: tuition reduction of 30%
- Distinction Scholarship: tuition reduction of 20%
- Foundation Scholarship: tuition reduction of 15%
Who can apply:
EDHEC scholarships are reserved for applicants with excellent profiles:
- High GMAT score
- Excellent GPA
- Impressive extracurricular activities/memberships
When is the deadline:
- Excellence Scholarship: before June 30th.
- Distinction Scholarship: before June 30th.
- Foundation Scholarship: before June 30th.
More information
EDHEC scholarships are not cumulative
To apply for Women in Finance & Data Science Scholarship, students should be enrolled in a relevant undergraduate or graduate Degree programme in Data Science, Analytics, Computer Science, Statistics or Finance. They will need to submit an essay (1000-1500 words) along with their application demonstrating initiatives they have taken in the field of Data Science or Finance and what objectives they have been able to achieve in those sectors. They should also explain how the Master of their choice will contribute to their future career plan.
The scholarship covers 35 % of the tuition fees. The deadline to apply 31 March 2022.
for Indian Students
The Co-Financed Scholarship is a joint initiative of EDHEC Business School & Embassy of France in India. This scholarship is offered to two Indian students (2 scholarships of 50% for MiM Programmes) with an excellent academic background and clear career objectives.
Who can apply: Indian students who have been accepted into EDHEC's Master in Management programmes with high ranks from our selection committee.
When is the deadline: Students should complete their application file before 15th May and if accepted, must confirm their seats before 31st May.
More information
- Please contact EDHEC Country Manager for India, Nilesh Gaikwad at international.admissions@edhec.edu
for Russian Students
The Co-Financed Scholarship is a joint initiative of EDHEC Business School & Embassy of France in Russia. This scholarship is offered to the Russian citizens and to Russian students (1 scholarship of 100% for MSc programmes) graduated from Russian Universities with an excellent academic background, clear academic vison and career objectives.
Who can apply: Russian students who have been accepted with high ranks from our faculty in one of EDHEC’s 1-year MSc programmes.
When is the deadline: Students should complete their application file before 15th May and if accepted, must confirm their seats before 31st May..
More information
- Please contact EDHEC Admission Representative for Russia, Julia Dubina at international.admissions@edhec.edu
French Embassies offer a number of scholarships which are available for excellent students from all over the world.
More information: Please contact the Cultural Service of the French Embassy in your country
Campus France is a French national agency for the promotion of higher education, international student services, and international mobility. Campus France manages CampusBourses, a grant search engine that is an essential tool for financing your education in France.
More information: CampusBourses the grant search engine
QS-EDHEC Scholarship is an exclusive scholarship to attendees of the QS World Grad School Tour. Scholarship value: 50% of tuition fees
Please follow this link to learn more about this scholarship.
ALBANIA
AUSTRIA
- By EDHEC exclusively for e-fellows.net students and Master Day participants
- Allocations for studies abroad from the Austrian Studienbeihilfenbehörde
BELARUS
- Open Europe Scholarship Scheme programme by the European Union
- By the French Embassy in cooperation with the Belarus government
BOLIVIA
BRAZIL
BULGARIA
- By L’Institut Français de Sofia in cooperation with the French Embassy
CAMBODIA
CANADA
CHILE
- Becas Chile -Chilean governmental initiative (part of the Programa Formación de Capital Humano Avanzado): you must indicate EDHEC when submitting your application
CHINA
- Alexandre Yersin Excellence Scholarship (for Hong Kong & Macau students)
- By The China Scholarship Council (CSC) (affiliated with the Ministry of Education)
COLOMBIA
CROATIA
CYPRUS
- By Ministry of Foreign Affairs of the Republic of Cyprus
- Merit scholarship from the Ministry of Education and Culture of Cyprus
EGYPT
EL SALVADOR
ESTONIA
- Kristjan Jaak Scholarship programme by the Ministry of Education and Research and the Archimedes Foundation
- Bourses du Gouvernement français de l'Ambassade de France en Estonie
FINLAND
- By Liikesivistysrahasto - Foundation. Contact: asp@lsr.fi
FRANCE
- By CROUS, Bourse sur critères sociaux
- By Fongecif: EDHEC has particularly close ties with Société Generale, BNP Paribas, LCL and HSBC.
GEORGIA
GERMANY
- Apply to: Deutscher; Akademischer Austauschdienst e. V. (DAAD) Referat 312, Postfach 200 404, D-53134
- By EDHEC exclusively for e-fellows.net students and Master Day participants
- By BAföG (for MiM programmes)
GREECE
GUATEMALA
HONDURAS
HUNGARY
INDIA
- Charpak Scholarships of Excellence
- French Learning Assistance Scholarship (for more information contact our Country Manager Nilesh Gaikwad)
INDONESIA
- By the French Embassy in Indonesia
- LPDP Scholarship - (full name Public Service Education Fund Management Institution)
ISRAEL
IVORY COAST
JAPAN
KAZAKHSTAN
- https://www.culturefrance.kz/Bourses-du-gouvernement-francaise-et-autres-programmes?lang=r
- https://www.culturefrance.kz/MAKE-OUR-PLANET-GREAT-AGAIN-MASTER-KAZAKHSTAN-1330?lang=kk
LATVIA
LEBANON
MACEDONIA
MALAYSIA
MEXICO
MOLDOVA
MOROCCO
NETHERLANDS
NIGERIA
PAKISTAN
PHILIPPINES
POLAND
ROMANIA
- By the French Embassy in Romania
- Nicolae Titulescu Scholarship programme by Romanian Government
RUSSIA
- By the French Embassy in Russia Scholarship
- French Learning Assistance Scholarship
- Changellenge Scholarship
SAUDI ARABIA
SERBIA
SINGAPORE
- Financial Scholarship Programme (FSP) by MAS (Monetary Authority of Singapore) the central bank of Singapore
SLOVAKIA
- National Scholarship Programme by Slovak Republik
- By the French Embassy in Slovakia
- French government scholarships in Slovakia
SLOVENIA
- Javni sklad Republike Slovenije za razvoj kadrov in stipendije : Excellence scholarships
- Bourses d'excellence pour étudiants slovènes
- French Government Scholarships from the French Institute of Slovenia
SOUTH AFRICA
SOUTH KOREA
SPAIN
- for the students from Galicia to Fundación Pedro Barrié de la Maza: Call at +34 91 563 07 99
- 'AVENIR' Scholarships by Institut francais in Spain
SWEDEN
- By Wallenberg Foundation for Education in International Industrial Management
- By the Swedish government
SWITZERLAND
TAIWAN
THAILAND
- Franco-Thai Scholarship Programme, the Franco–Thai Scholarship Program aims to support Thai students under the age of 35 who intend to study in French universities or Higher Education Institutions, at a Master's degree or Ph.D. level.
- Royal Thai Government Scholarship Program (offered by OCSC)
TURKEY
TUNISIA
UNITED KINGDOM
UKRAINE
- WorldWideStudies by Victor Pinchuk Foundation
- Bourses du Gouvernement français de l'Ambassade de France en Ukraine
UNITED STATES OF AMERICA
- Serge Bellanger Business Student Scholarship
- Scholarships from the CEA (Cultural experience abroad)
- Fullbright U.S. student programme
- API Study Abroad Scholarships
- Rotary Foundation Scholarships
- By National Society of Hispanic MBAs (to legal permanent residents from the Hispanic origin)
- Hill & Ponton scholarships for US veterans
VIETNAM
- Bourse d'Excellence by French Embassy
- The France Excellence scholarship program is provided by the French Embassy in Vietnam
- Prodigy Finance is an innovative platform that offers loans to international postgraduate students attending top universities (not applicable to Master in Management students). More information
- Free Application for Federal Student Aid (FAFSA): only for American citizens. More information
- Graduate PLUS Loans: More information
The Make an impact scholarship is open to Master in Management and Master of Science applicants.
Students who want to apply for the Make an impact scholarship will need to submit an essay of 1000-1500 words along with their application, detailing their career plan.
The essay should describe their prior experience, explain how the Master of their choice will contribute to their career plan and, their personal motives for making an impact on UN sustainable development goals throughout their career.
The scholarship covers 25% of tuition fees. The application deadline is 30 June 2022.
The International Students Office (ISO) assists students to settle in smoothly in France by organising orientation events and multicultural seminars to welcome international students to EDHEC Campuses in Lille and Nice. The team guides students with administrative procedures before their arrival and during their stay and answers all questions about French systems (medical and home insurances, banks, resident permits, etc.).
Discover the International Students Office website
What are the deadlines to apply for the programmes?
- 30th June 2022
Do you accept scanned documents?
- Yes, you can make scanned colour copies of the documents required.
Should the application file and the two recommendation letters be typed or written freehand?
- Template Recommendation
- Recommendation letters: our templates can be used or written freehand.
Will the International Admissions’ team contact the referees to send the letters of recommendation?
- No, referees should email their letters of recommendation directly to international.admissions@edhec.edu using their professional email. Emails from personal accounts such as yahoo, gmail, hotmail, etc. will not be accepted.
Will my referees receive an automatic confirmation when they send the letters by email?
- No, no automatic email will be sent to your referees. Please inform them that they should expect to receive an email confirmation later from the Admissions’ team.
- Please note that you will be copied to this email as well to acknowledge the good reception of the letters of recommendation.
Will I have an interview with the Programme Manager?
- There is no direct interview with the Programme Manager for students applying for our MIM or MSc programmes unless the Programme Director thinks it is necessary.
How is the Online interview conducted?
- Once your online application is complete, the International Admissions Team will send you a link to take your online interview in English. It is a series of 6 questions on your motivation, your interest in the programme, your previous experiences (professional, group work…). There is no right or wrong answer. You will have a practice session before you start the interview. Once the interview is done, it will be sent along with your application file to the Selection Committee.
Can I apply for more than one programme?
- It is possible to apply for two programmes. A separate motivation letter is required for each programme.
- Template Motivation Letter
English proficiency test
What are the expected scores?
- TOEFL Internet-based ≥ 92 (/120)
- TOEIC ≥ 850 (/990)
- IELTS ≥ 6.5 (/9.0)
- Cambridge Test of English ≥ 175
What is the EDHEC's institution code for the TOEFL?
- Code: 0663
Can I apply for a waiver?
- Waivers apply for native-English speakers and for those who have studied in English.
► English native speakers or those holding a degree taught in English (minimum 3 years) are eligible for an English Test waiver.
What is the difference between the MIM and MSc?
- The EDHEC Master in Management is a 2-year academic programme designed for students under 29 seeking to increase their general management skills. Also known as "Grande Ecole", the programme awards students a double degree: Master in Management degree and Master of Science diploma. After your Master 1 year, you will have the opportunity to acquire professional experience for a full year or may opt for a 6-month exchange at a partner university.
- Our MSc are specialised programmes accessible to students who wish to acquire new knowledge in a specific field or further strengthen their existing expertise.
Is there any help for students on campus regarding housing?
- Once officially enrolled, you will be assisted to find suitable accommodation either in the EDHEC residence or in privately owned flats. EDHEC's International Office is familiar with the VISA formalities of most countries and will provide you with the necessary papers. You may contact the International Office to express your concerns about your visa application, provided you have already checked the necessary pages on the Welcome Guide and contacted your local Embassay first. One of the requirements for most VISA applications is proof of accommodation in France. Again the international Office is on hand to provide you with a list of apartments, halls of residence and other types of housing according to your criteria. You can even "visit" them virtually using our new Housing website. The team will do everything they can to make arrangements with the owner and secure your reservation. It will also pick you up from the airport on your day of arrival (when possible) and take you directly to your new home.
GRE and Tage Mage accepted. CAT also accepted for Indian students only.
What is the EDHEC's code for GMAT?
- MSc & Global MBA Double-Degree: 3QQ-WQ-62
- MIM Global Economic Transformation & Technology: 3QQ-WQ-06
- Master in Management, Business Management: 3QQ-WQ-05
- Master in Management, Finance: 3QQ-WQ-36
- MSc in Creative Business & Social Innovation: 3QQ-WQ-60
- MSc in Data Analytics & Artificial Intelligence: 3QQ-WQ-82
- MSc in Entrepreneurship & Innovation: 3QQ-WQ-77
- MSc in Global & Sustainable Business: 3QQ-WQ-16
- MSc in Management & Leadership: 3QQ-WQ-54
- MSc in Marketing Management: 3QQ-WQ-47
- MSc in Strategy, Organisation & Consultancy: 3QQ-WQ-84
- LL.M. in Law & Tax Management: 3QQ-WQ-26
- MSc in Corporate Finance & Banking: 3QQ-WQ-73
- MSc in International Finance: 3QQ-WQ-98
- MSc in Financial Engineering: 3QQ-WQ-69
- MSc in Accounting & Finance: 3QQ-WQ-04
Is GMAT compulsory?
- The GMAT test is compulsory for most of EDHEC Master programmes. Please check the “Admissions Requirements” of your programme of interest to confirm whether the exam is required.
Why is GMAT compulsory for most of our programmes?
- EDHEC is accredited EQUIS, AASCSB and AMBA. We are obliged to maintain high quality among students and the GMAT is a good measure of this quality.
Can I add an unofficial GMAT score report to my application file?
- You will get an unofficial score report immediately after the test and which you should send to the admissions office. This document will provisionally be accepted in your application file.
EDHEC offers scholarships and financial aid to candidates with excellent profiles. External financial aid is also available to EDHEC applicants.
What is the EIFFEL Scholarship?
- The EIFFEL Scholarship programme offers financial support to high-potential candidates of over € 1000 per month. The EIFFEL Scholarship offers financial support to high-achieving international candidates. It awards about €1200 per month. The scholarship is financed and managed by the French Ministry of Foreign Affairs and International Development.
- Applications for the EIFFEL Scholarship need to be submitted to EDHEC before December 1st. To apply for EIFFEL Scholarship, you will need first to get accepted and confirm your seat to one of EDHEC Master programmes no later than end of November (by paying a deposit payment which corresponds to the 1st semester tuition fees). Students can apply for EIFFEL only through one academic institution, and the chosen institution applies on the student’s behalf once enrolled. Results are usually published by Campus France by March/April of the next year. Students who are not granted EIFFEL, generally are offered a 30% EDHEC Excellence Scholarship instead but the two cannot be combined.
When the tuition fees must be paid?
- Once accepted by the Selection Committee, you will receive by email a tuition fees payment's schedule. You must make your first payment in order to secure your seat into the programme and get your enrolment letter.
How does financial aid apply to the tuition fees?
- Financial aid applies to the second and third instalment for the MSc programme and to the second, third and fourth instalment for the MIM programme.
What is the EDHEC Career Centre?
- The Student Career Centre is dedicated to helping students find a job or an internship.
- The Centre receives every year over 14 000 job and internship offers.
- 60,000 internships and 33,500 job offers posted on EDHEC’s dedicated jobs board every year
Complementary courses in French are offered to all international students enrolled in our MSc programmes. Our French classes cover all learning levels, from complete beginner to advanced study. The goal is to support your acculturation to French culture and give you the linguistic foundation—grammar, vocabulary, reading, writing and listening—to express yourself in the French language.
- Class Size: 10 to 25 students per group
- Contact Hours:
- MIM 3h a week (30h/semester +6h group projects)
- MSc 2h a week (15h/semester)
- Qualifications of the instructors: courses are delivered by an officially accredited French language teaching institution
See also
This programme will equip you with all the necessary competencies to create value in the corporate finance and banking fields and build a strong career within investment banking, private equity, corporate banking or financial advisory services.
This is an advanced and comprehensive programme constructed to give you competency in all key corporate finance and financial markets topics.
In this advanced programme you will learn the latest industry tools and concepts of quantitative finance related to financial engineering and investment solutions in order to thrive in the financial industry as trader, asset manager, or risk professional.
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 European business schools. Fully international and directly connected to the business world, EDHEC is a school for business, rather than a business school, where excellence in teaching and research focuses on innovation to stimulate entrepreneurship and creativity. For business from birth and dedicated to business, EDHEC makes entrepreneurs for life, able to remodel or create successful businesses wherever they work.
EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching philosophy, inspired by its award-winning research activities, focuses on “learning by doing”.
