Overview
The Esade Master in Finance (MIF) is a one-year postgraduate finance program designed for students seeking careers in investment banking, asset management, corporate finance, financial consulting, and other finance-related fields.
For the 2027–28 academic year, Esade lists the tuition fee for its one-year Master in Finance program at €39,000. Students may also need to pay an application fee and should plan separately for accommodation, living expenses, travel, insurance, and other personal costs.
Esade Master in Finance Fees at a Glance
| Expense | Cost |
|---|---|
| Program | Esade Master in Finance |
| Program duration | One year |
| Tuition fee for 2027–28 | €39,000 |
| Application fee | €150 |
| Location | Barcelona, Spain |
| Additional living expenses | Not included in the tuition fee |
Esade MIF Tuition Fee
The official tuition fee for the one-year Esade Master in Finance is €39,000 for 2027–28.
This amount covers the academic cost of the program. Students should not assume that the tuition fee includes accommodation, food, transportation, personal expenses, or other costs associated with living and studying in Barcelona.
The total amount required for the degree will therefore be higher than the published tuition fee once living and personal expenses are added.
Esade MIF Application Fee
Applicants must pay an application fee of €150 to cover the administrative processing of their application.
This fee is separate from the Master in Finance tuition fee and should be paid during the application process according to Esade’s instructions.
What Is Not Included in the Tuition Fee?
The published tuition fee should be considered separately from the cost of living in Barcelona. Students should prepare an additional budget for:
- Accommodation and utilities
- Food and daily living expenses
- Local transportation
- Flights and travel
- Health insurance and medical expenses
- Books, supplies, and personal costs
- Residence permit or visa-related expenses, where applicable
Esade does not provide a combined total cost of attendance for the Master in Finance on the referenced fees page. Applicants should therefore calculate their expected living expenses based on their accommodation preferences and lifestyle.
Esade MIF Scholarships
Esade provides financial assistance to eligible MSc applicants, including candidates applying to the Master in Finance. Students are encouraged to apply for financial aid while submitting their initial MSc application.
Need-Based Scholarships
Esade Need-Based Scholarships are intended for candidates who demonstrate both academic or personal talent and financial need.
According to Esade, these scholarships can cover between 50% and 85% of MSc tuition fees. The number of awards is limited, and applicants must provide supporting financial documents for their household.
Applicants are also expected to have an above-average admissions test score. These scholarships are not compatible with other prizes or awards granted by Esade.
Esade MSc Excellence Awards
Esade MSc Excellence Awards generally range from 10% to 50% of MSc tuition fees. The average award in the previous intake was reported as approximately 26% of MSc fees.
For Master in Finance applicants, Esade lists a specific Financial Services Award.
Financial Services Award
The Financial Services Award is available to applicants joining the Esade Master in Finance who demonstrate academic excellence through strong university grades and GMAT performance.
Preference may be given to candidates with previous academic experience in finance. Applicants should review the award requirements and submit any required supporting information within the relevant scholarship timeline.
Esade MIF Financing Options
Admitted students may explore different financing options to help cover their Master in Finance tuition and related educational expenses.
Income Share Agreement
Esade offers an Income Share Agreement (ISA) supported by the European Investment Fund. This arrangement allows eligible students to fund their education and repay through their future earnings.
The ISA may be combined with scholarships or other Esade awards, subject to the applicable conditions.
Student Loans
After admission to an Esade MSc program, students may apply for loan agreements available through Esade’s financial partners. Eligibility, loan amounts, interest rates, guarantees, and repayment terms depend on the lender and the applicant’s circumstances.
Some financing providers are designed for specific groups of students, such as Spanish residents, European Union residents, or applicants from particular countries.
Financing for Indian Students
Indian applicants may explore education-loan support through providers listed by Esade, including ICICI Bank and external education-financing platforms such as WeMakeScholars.
Students should confirm whether the lender finances the Esade Master in Finance, the maximum loan amount, collateral requirements, interest rate, repayment schedule, and whether living expenses can also be included.
How Much Should You Budget for Esade MIF?
For the 2027–28 intake, students should begin with the following confirmed academic expenses:
| Cost Category | Amount |
|---|---|
| Master in Finance tuition | €39,000 |
| Application fee | €150 |
| Subtotal of published fees | €39,150 |
| Accommodation and living expenses | Additional budget required |
| Travel, insurance, visa, and personal expenses | Additional budget required |
The final cost will depend on the student’s lifestyle, accommodation choice, travel plans, and access to scholarships or financing.
Is Esade MIF Worth the Cost?
The Esade Master in Finance may be a strong option for students who want specialized finance training in Europe and access to an internationally oriented business-school environment.
However, applicants should evaluate the program’s total cost rather than tuition alone. Scholarship opportunities, loan conditions, expected career outcomes, and personal financial circumstances should all be considered before accepting an offer.
Frequently Asked Questions
How much is the Esade Master in Finance tuition fee?
The tuition fee for the one-year Esade Master in Finance is €39,000 for 2027–28.
What is the Esade MIF application fee?
The application fee is €150, separate from tuition.
Does Esade offer scholarships for the Master in Finance?
Yes. Eligible applicants may apply for need-based scholarships and MSc Excellence Awards. Esade also lists a Financial Services Award specifically for Master in Finance applicants.
How much can a need-based scholarship cover?
Esade states that need-based scholarships can cover between 50% and 85% of MSc tuition fees. The number of scholarships is limited.
Does the tuition fee include living expenses?
No. Students should budget separately for accommodation, food, transportation, insurance, travel, and personal expenses.
Can Indian students apply for education loans?
Yes. Indian students can explore financing providers listed by Esade, including ICICI Bank and WeMakeScholars. Loan eligibility and terms depend on the lender.
Final Verdict
The Esade Master in Finance costs €39,000 in tuition for 2027–28, with an additional €150 application fee. Students should also budget separately for living expenses in Barcelona and other personal costs.
Esade offers several funding routes, including need-based scholarships, Excellence Awards, the Financial Services Award, income-share financing, and student loans. Applicants should apply for scholarships early and compare financing terms carefully before making their final decision.
