The Best Way of Learning

The methodology followed is highly practical, based on rigorous and up-to-date contents. Throughout the Master, students are offered examples of how to apply the theoretical concepts seen in class to the day- to-day financial world. In addition, for each study module, students have to carry out exercises, case studies and a group case presentation relating to the material covered.

Therefore, the theoretical classes will alternate with practical ones in which the students will also use the appropriate IT tools. IEB’s IT room and treasury desk, very similar to those found in any brokerage firm, allows students to put into practice their theoretical knowledge through the use of Bloomberg and real-time trading on IEB’s online portfolio simulation trading platform. Bloomberg is also proactively used by the teachers in class to show examples of the concepts taught.

Another factor that contributes to the practical nature of the Master is the fact that most of the professors are themselves highly respected financial professionals in their area of expertise.

Moreover, the Master aims to promote personal development and teamwork through group exercises, case studies and presentations.

Finally, the technical knowledge required from the students will also be tested throughout the Master via exams, exercises, case studies and research papers. All students are required to complete a compulsory Final Project, which they will be presenting in front of a jury panel, and in which they are expected to put into practice all the knowledge acquired throughout the programme.

An Outstanding Degree

The qualification obtained at the end of the programme is the Master in International Finance Degree. It is issued by the Academic Board of the IEB, sponsored by the Bolsa de Madrid (Madrid Stock Exchange).

A diploma will also be issued by IEB´s Partners for each academic stay.

The IEB, in collaboration with CFA Spain, includes within this Master CFA Level I preparation course.

Facilities

Technology and IT: Highest Standard. The IEB has an IT room and Treasury Desk with 41 computers, of which 14 are Bloomberg Terminals.
There are also several IT posts with broadband WIFI Internet Access and one Bloomberg Terminal in the common areas. All lecture and study rooms have WIFI connection, infrastructure to connect computers and latest generation technology such as video projectors and financial information systems.
At the beginning of the Master each student will receive their own personal laptop computer.

 Library and Study Room. The IEB has a Library and Study Room, where students can consult the relevant manuals to widen and consolidate the knowledge gained in class.

The textbooks, found in the library and available exclusively for the students, cover a wide range of topics including Derivatives, Technical and Quantitative Analysis, Portfolio Management, Risk Management, Securities Markets, Corporate Finance, Economics, Law and Emerging Markets. They also cover subjects of general interest within Law and Economics, such as Biographies and Statistics.
In addition, as the IEB is sponsored by the Bolsa de Madrid (Madrid Stock Exchange), IEB’s students have access to the more than 11.000 financial, economic and legal manuals and documents that can be found at the library of the Palacio de la Bolsa of Madrid (Stock Exchange headquarters).

Treasury Desk. IEB has an IT room and Treasury Desk, similar to those found in Banks and Brokerage firms. The room has forty one computers and fourteen Bloomberg Terminals, through which students can access real time data and information provided by Bloomberg, Bridge, Visual Trader and Infobolsa.
Through these computers and Bloomberg Terminals students can access all the economic and financial data, as well as news, they need in order to follow financial markets daily, including, equity, fixed income, derivative, currency and money markets.
Many lectures throughout the Master also take place in this room. Professors like to use real-life up-to-date examples in their lectures, to illustrate the theoretical concepts, and to do so they use Bloomberg.
Finally, thanks to this access to real-time data and information, students not only are able to use the latest key information and knowledge for their practical coursework, but also, for the job interviews they start attending towards the end of the Master.

On-line Simulator. Another very attractive aspect of the programme is the ability for the students to use IEB’s Portfolio Management Simulator. The Simulator has access to real-time market data, as it is directly linked to this data via internet. This enables the students to manage and control the risk of the positions within their portfolio in a “real life” setting.
This simulation allows the students to experience hands on what it is like to invest and operate in international financial markets. In order for the students to really benefit and learn from this experience, the simulation is monitored and tutored by professional managers who help students along the way as well as assess their ability to manage the portfolio.

 Career Development Department. The IEB has a career development service which is available to all the students. The service actively seeks job offers, especially from companies with which IEB has signed cooperation agreements or that are partners or sponsors of our Institution.
The IEB has a powerful online tool which allows access through the Institution’s intranet to all the job offers that are regularly input into the system.
This tool also allows users to express their interest in any particular selection process. In addition, the system allows IEB staff to send personalized e-mails to any candidate whose profile matches a specific job offer. More information »

Master and Academic Stays

The Master’s tuition fees are 25.000 Euros. They include IEB, CUHK, WHARTON and LSE’s tuition fees, all the documentation, access to all facilities, as well as a Personal Laptop computer.

• IEB may grant students with an outstanding academic record a scholarship after due consideration of their scholarship application.
• There are 3 types of scholarships: Academic Excellence Scholarship, designed for students who have received an Honorable Mention, Mobility Scholarship, designed for Students with travel and initial moving costs and Financial Aid Scholarship, for outstanding students in financial need.
• These scholarships could amount to up to 20% of the Programme’s tuition fees. The final decision regarding whether or not to grant a scholarship as well as its amount rests with IEB’s Admissions Committee.
• In addition to the Master´s tuition fees, there is an Academic Stay fee. This fee covers the transportation and accommodation costs of the three academic stays that IEB organises. The fee is a total amount for all three stays and can be split into individual stays if the student wants to attend two of the three Academic Stays offered. Students, however, can decide to organise their own travel and accommodation, at their own expense, and, therefore, not pay the Academic Stay fee.
• The Master’s tuition fee and the Academic stay expenses fee can be paid as a lump sum or in instalments.  All payments made by instalment will need to follow a predetermined calendar that will be pre-agreed and specified on the Admission Certificate.
• Applicants can also benefit from special conditions offered by several financial institutions to IEB students. Students interested in taking advantage of these special financial conditions can ask for additional information after completing the admissions process.

Train with the Leader

• The Master is aimed at undergraduate students from all fields of study with a good level of English, as well as professionals with no more than four years working experience in finance or looking to change from their current field of work to the world of finance.

All candidates go through several interviews with the members of the Admissions Committee, as well as carrying out several online tests, before being accepted into the programme.

All candidates applying for the Master in International Finance should submit to the Admissions Department a completed in application form as well as provide a copy of their academic qualifications, their identity card or Passport, 4 passport size photos and a brief CV.

Master in International Finance students come from all over the world and all types of academic background. They reflect the very international nature of the Programme.