Nova School of Business and Economics
International Master's in Finance · Carcavelos (near Lisbon), Portugal · 1.5 years (3 semesters) for the Regular Track: 2 semesters of coursework plus a thesis/work-project semester; extendable to 2 years via an optional exchange semester, CEMS MIM, or double-degree track
- Triple-accredited (AACSB, EQUIS, AMBA) and a CEMS member school
- 100% of graduates working within six months of graduation; 72% report an international career
- 78% international students in the 2025/2026 cohort, admitted from 490 applicants for 72 seats
- Choice of Corporate Finance or Financial Markets specialization track
- Optional CEMS MIM double-degree or exchange-semester track extends the program to 2 years
At a glance
Duration
1.5 years (3 semesters) for the Regular Track: 2 semesters of coursework plus a thesis/work-project semester; extendable to 2 years via an optional exchange semester, CEMS MIM, or double-degree track
Location
Carcavelos (near Lisbon), Portugal
Language
English
Class profile
2025/2026 cohort: 72 students enrolled (from 490 applicants), 78% international, per Nova SBE's official Careers & Placement page.
Tuition
€13,250 (EU/EEA) / €14,450 (Non-EU/EEA) for the Regular Track (1.5 years), 2026/27 academic year, per Nova SBE's official fees page. Extended tracks (exchange semester, CEMS MIM, or double degree) cost more, up to €22,249/€23,449.
Admissions requirements
Program
International Master's in Finance
Degree expectation
Official eligibility page requires an accredited/recognized Bachelor's degree (Nova SBE reserves the right to admit only applicants from accredited and/or recognized schools); no minimum GPA or degree classification is published.
GMAT
GMAT optional
GMAT/GRE is listed as an optional supporting element in the general Master's admission criteria (assessed alongside final degree classification, language proficiency, and quantitative background); no minimum or typical score is published.
GMAT/GRE is listed as an optional supporting element in the general Master's admission criteria (assessed alongside final degree classification, language proficiency, and quantitative background); no minimum or typical score is published.
GRE
Accepted. Accepted on the same optional basis as GMAT; no minimum score published.
CFA in lieu of GMAT/GRE
No
Work experience
General Master's eligibility targets candidates with 0-2 years of professional experience (average cohort age 23-24). The IMF specifically also requires proved work experience/internships (minimum 12 weeks cumulative); volunteering does not count.
Application & outcomes
Career outcomes
100% of graduates were working within six months of graduating, and 72% have an international career, per Nova SBE's official Careers & Placement page.
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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