#1 in Portugal for return on academic investment
#1 in Portugal for return on academic investment and career progression
Master in Finance
The Master in Finance at FEP is an internationally renowned programme, fully taught in English, with content recognised by the CFA Institute. With a strong focus on Corporate Finance and Financial Markets, it combines academic rigour with practical application, offering a flexible structure that allows students to tailor their study pathway to their career objectives. It prepares highly qualified professionals for leading positions in banks, fintechs, insurance companies and corporations, making it the ideal choice for those aspiring to a high-impact career in the global financial sector.
The Master in Finance at FEP is an internationally renowned programme, fully taught in English, with content recognised by the CFA Institute. With a strong focus on Corporate Finance and Financial Markets, it combines academic rigour with practical application, offering a flexible structure that allows students to tailor their study pathway to their career objectives. It prepares highly qualified professionals for leading positions in banks, fintechs, insurance companies and corporations, making it the ideal choice for those aspiring to a high-impact career in the global financial sector.
Duration
2 years
Start
September
Schedule
Mainly daytime programme
Format
On campus (Porto)
Language
English
Total credits
120 ects
Tuition fees
National students, European
Union and European
Economic Area students
2 250 € / year
CPLP International
Students
3 500 € / year
International
Students
5 750 € / year
National students, European Union and European Economic Area students
2 250 € / year
CPLP International
Students
3 500 € / year
International
Students
5 750 € / year
Annual fees for the 2026/27 academic year (full-time), subject to confirmation. All fee amounts and related information can be consulted at the following link:
Programme structure
1st YEAR
1st SEMESTER
Theoretical Foundations of Finance (6 ects)
Markets and Financial Investments (6 ects)
Seminars I (3 ects)
Econometric Methods (6 ects)
Corporate Finance (3 ects)
Project I (3 ects)
Business Valuation (3 ects)
2nd SEMESTER
Ethics and Corporate Governance (3 ects)
Derivatives (3 ects)
Modelling and Data Analysis I (3 ects)
Mergers, Acquisitions and Restructuring (3 ects)
Fixed Income Securities (3 ects)
Seminars II (3 ects)
Project II (3 ects)
Electives (9 ects)
2nd YEAR
1st SEMESTER
Research Methodology (3 ects)
Risk Management (3 ects)
Modelling and Data Analysis II (6 ects)
International Finance (3 ects)
Seminars III (3 ects)
Projeto III (3 ects)
Electives (9 ects)
2nd SEMESTER
Dissertation / Work Project / Internship * (30 ects)
* Students who complete the taught component of the master’s programme receive a master’s course diploma that does not confer a degree. The award of the master’s degree requires passing all taught modules and successfully defending the dissertation/project/internship in a public examination.
Information for applicants
*The enrollment period for students completing their Bachelor’s degree extends until 24/07/2026
Information for applicants
Applications – 1st Call
From 07/01/2026 to 11/02/2026
Provisional results
23/03/2026
Final results
14/04/2026
Enrollment
From 16/04/2026 to 20/05/2026 *
*The enrollment period for students completing their Bachelor’s degree extends until 24/07/2026
Student profile
The candidates should have a bachelor´s degree in Management, Economics or in a related field and be fluent in English. The programme is suitable for those wishing to acquire the skills necessary to develop a career in Finance. It also suits those who require adequate scientific training in order to pursue more advanced graduate studies in Finance. Professional experience is not a prerequisite. The candidates should be available for a full-time programme.
Data relating to students enrolled in the 2024/25 academic year.
Message from the Director
The Master in Finance is an international specialized pre-experience programme, totally taught in English, with contents that are recognized by the CFA Institute.
It offers a specialized training in the area of Finance, with a particular focus on both Corporate Finance and Financial Markets and embracing a professional perspective of these fields carefully coupled with scientific rigor.
Rankings and recognitions
FINANCIAL TIMES
In 2025, FEP’s Master in Finance was highlighted in the prestigious “Masters in Finance 2025” ranking by the Financial Times (FT). The programme ranks 41st worldwide in this exclusive Finance ranking, one of the most influential among business and economics schools globally. Nationally, the master’s programme achieves 1st place in terms of return on academic investment and 2nd place for career progression, demonstrating the positive impact of the programme on graduates’ professional development.
EDUNIVERSAL
The Master’s in Finance ranks 16th in the Eduniversal Masters Ranking 2025 of the best programmes in Corporate Finance in Western Europe.
QS BUSINESS MASTERS
The Master is ranked 151-120th in the QS Business Masters Rankings 2026, which lists the best programmes in the world in the field of Finance.
CFA INSTITUTE
The Master Finance has been accepted into the CFA University Affiliation Programme. This status is granted to institutions whose programmes incorporate at least 70% of the CFA Programme Candidate Body of Knowledge (CBOK), recognised as providing students with a solid foundation of financial content that positions them favourably for taking the CFA exams. The Master’s in Finance has the possibility of offering three CFA Programme Scholarships to students each year, as detailed in the CFA Institute’s Awareness Scholarship Official Rules.
International programmes
DOUBLE DEGREES
Through a selection process, students enrolled in the Master’s Degree in Finance have the opportunity to obtain a double degree from two leading universities:
- Kozminski University (Poland)
- Prague University of Economics and Business (Czech Republic)
QTEM
The QTEM programme is designed to educate and train future decision-makers. International experience, academic excellence, and practical relevance for management and economic policy are its distinguishing features. Through the programme, students gain:
- Excellent skills in analytical and quantitative techniques
- Experience in real-world decision-making challenges in management and economic policy
- Experience in international environments
- A specialisation that adds value to the master’s degree
- Exclusive access to the QTEM Corporate Partners network, through meetings, CV database, and other services
Testimonials
Nuno Rocha
“The Master in Finance at FEP is an internationally recognized programme for its innovative approach to the teaching of Finance. The programme is part of a broader academic ecosystem (UPorto) which is truly stimulating. The faculty of top-notch quality and the talented pool of students make the MiF experience a continuous though-provoking challenge. The master’s structure is flexible, allowing students to fine-tune their pathway according to their own preferences. Thus, the MiF is a programme suited both to students with the goal of following a professional career in the world of financial markets as well as to those who wish to follow an academic route. At FEP, you will find a unique programme that fully prepares students to become leaders of exceptional quality”
Andrea Pärtelpoeg
“Thanks to the Master in Finance at FEP I had my biggest learning curve – not only studying the theory, we were forced to put this into practice. All the assignments we had to do, it comes out, are done in the real world in most cases. Even though the professors are top of their field, they are approachable and even more – very motivating in the sense of how dedicatedly giving their lectures. I am grateful for this opportunity. It gave me the confidence to start my career in a way to speak up for new ideas and taking opportunities to learn every day as much as possible. Undoubtedly, I would not be here where I am right now without the degree and most importantly, not heading to achieve bigger goals.”
Ready to take the next step?
Ready to take the next step?
Contact
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