emlyon business school
Master in Finance · Lyon, France · 12 months (Year 2 entry) or 24 months (Year 1 entry, including 8-10 months of internship)
- Triple-accredited by AACSB, EQUIS and AMBA
- Ranked #11 worldwide in the Financial Times Best Master in Finance 2026 ranking, #4 in France (QS Business Master's Rankings 2026), and #10 European Business School (FT 2025)
- Awards the CEFDG-accredited French 'Grade de Master' (Bac+5), recognized nationally and internationally
- Specialization tracks in Corporate Finance, Financial Markets, and Financial Business Performance
- 95% of 2024 graduates had a job offer within 6 months of graduation, with an average starting salary of EUR 78,000
At a glance
Duration
12 months (Year 2 entry) or 24 months (Year 1 entry, including 8-10 months of internship)
Location
Lyon, France
Language
English
Tuition
EUR 28,750 for the 12-month (Year 2 entry) track; EUR 40,800 for the 24-month (Year 1 entry) track (2026-2027 tuition, before scholarships of up to 50%)
Admissions requirements
Program
Master in Finance
Degree expectation
For Year 1 entry: a 3-year Bachelor's degree (180 ECTS credits) state-recognized as a 'Licence' by the French Ministry of Higher Education, or an ECTS equivalence attestation of at least 180 ECTS from a state-recognized Master's program. For Year 2 entry: a 4-year Bachelor's degree (240 ECTS credits), validation of the first year of a state-recognized Master's degree, or an equivalence attestation of 240 ECTS credits. The official page states no minimum GPA or degree classification.
GMAT
GMAT optional
An official management aptitude test score (GMAT, GRE, CAT Test, TAGE-MAGE) is optional but encouraged to add value to your application. No published minimum score for admission is stated; however, GMAT 700+ (GMAT Focus 645+) earns a 10% scholarship and GMAT 650+ (GMAT Focus 595+) earns a 5% scholarship.
An official management aptitude test score (GMAT, GRE, CAT Test, TAGE-MAGE) is optional but encouraged to add value to your application. No published minimum score for admission is stated; however, GMAT 700+ (GMAT Focus 645+) earns a 10% scholarship and GMAT 650+ (GMAT Focus 595+) earns a 5% scholarship.
GRE
Accepted. Accepted on the same optional basis as GMAT, CAT Test, and TAGE-MAGE. GMAT and GRE scores are valid for 5 years.
CFA in lieu of GMAT/GRE
No
Work experience
Not required for admission; eligibility is based solely on academic credentials (Bachelor's degree / ECTS credits). The 24-month track (Year 1 entry) includes 8 to 10 months of professional experience via internship as part of the curriculum; the 12-month track (Year 2 entry) includes 4 to 6 months.
Application & outcomes
Application notes
Rolling admissions: applications for the 2026-2027 academic year are open from October 2025 to August 2026, subject to availability; emlyon may close applications earlier once all seats are filled.
Career outcomes
95% of 2024 graduates accepted a job offer within 6 months of graduation (2025 insertion survey); average starting salary EUR 78,000. Career fields: Market Finance & Financial Advisory 50.6%, Administration/Management/Finance/Accounting 23%, Consulting & Expertise 14.9%. Recruiters over the past four years include BPCE/Groupe Natixis, CACIB, Aurel BGC, Rothschild & Co, Edmond de Rothschild, Amundi, Siparex, BPI France, Candriam, UBS, and Ardian.
Last verified 16 Aug 2026. Figures change, always confirm time-sensitive details (deadlines, current GMAT medians) directly with the school before applying.
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