HEC Paris
Master in International Finance (MIF) · Jouy-en-Josas (Paris area), France · 9 months of academic coursework (September to May), followed by a required 4-6 month internship/professional experience
- #1 Master in International Finance Worldwide, QS Rankings 2026
- Triple-accredited: AACSB, EQUIS, AMBA
- €169K average salary three years after graduation (FT Ranking 2024)
- 88% international students in the 2025 intake
- Students choose a Capital Markets or Corporate Finance specialization track starting in the second term
At a glance
Duration
9 months of academic coursework (September to May), followed by a required 4-6 month internship/professional experience
Location
Jouy-en-Josas (Paris area), France
Language
English
Class profile
2025 intake: 120 students (MIF, taught jointly with ~80 International Finance Majors from the Master in Management and ~25 Master in Data & Finance students), 88% international, average age 23, 33% women, median GMAT Focus score of 655 (~715 on the old GMAT scale), per HEC's official Students & Faculty page.
Tuition
€47,500 for the 2026/2027 academic year (€44,550 academic fees + €1,950 student services + €1,000 admin fees), per HEC's official Fees and Financing page.
Admissions requirements
Program
Master in International Finance (MIF)
Degree expectation
Applicants must hold a Bachelor's and/or Master's degree from an accredited institution. HEC states there is no minimum GPA requirement due to variances in grading systems around the world.
GMAT
GMAT required
A management test (GMAT/GMAT Focus, GRE, or TAGE MAGE) must be submitted and cannot be waived. No minimum score is required, but HEC's official FAQ recommends aiming for its average scores: GMAT Focus 645/655 (roughly 700 on the old GMAT scale).
A management test (GMAT/GMAT Focus, GRE, or TAGE MAGE) must be submitted and cannot be waived. No minimum score is required, but HEC's official FAQ recommends aiming for its average scores: GMAT Focus 645/655 (roughly 700 on the old GMAT scale).
GRE
Accepted. Accepted on equal footing with GMAT; official recommended average is 320. Scores submitted via ETS code 3623.
CFA in lieu of GMAT/GRE
No
Work experience
Program is designed for pre-experience candidates; the official FAQ states students should have less than three years of work experience.
Application & outcomes
Application notes
2026-2027 rounds: Round 1, Oct 7 2026; Round 2, Nov 26 2026; Round 3, Feb 17 2027; Round 4, Apr 28 2027. HEC advises applying in the first three rounds, as more spots are available.
Career outcomes
100% of graduates found employment after receiving their diplomas, with an average starting salary of €103K and an average salary of €169K three years after graduation (Financial Times Ranking 2024, per HEC's official program page). 81.4% of 2025 graduates entered Financial Services, 7.2% Consulting.
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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