MSc in Economics and Business Administration in Finance and Investments

MSc EBA FIN will give you an in-depth understanding of the workings of financial markets and institutions.
You will dig into state-of-the-art theoretical and empirical models for investment decisions, pricing and risk management of stocks, bonds, and derivative securities.

About the programme Structure Study environment Entry requirements Career

About MSc in Economics and Business Administration in Finance and Investments

Level

graduate

Programme type

2-year master programme

Duration

2 years

ECTS

120

Time commitment

Full-time

Language

English

Students

130

Gender distribution – men / women

78% / 22%

Average age

24.2 years

Foreign students

68%

Topics

Economics and mathematics Finance

Why study MSc EBA FIN?

Know the ins and outs of finance

You are interested in understanding the different players in the financial markets and gain a deeper understanding of how they interact.

Quantitative and IT skills

Finance relies on math, stats, and IT to model uncertainty and support decisions. You’ll gain the skills to apply theoretical models and empirical methods using tools from probability theory and data analysis.

Love your spreadsheets

You’ll need to feel confident using spreadsheets and be curious to explore more advanced tools. A solid grasp of software is key to diving into data, models, and financial analysis. Think of it as your new superpower in finance and analysis.

“What I enjoy the best is the positive atmosphere among the students. I have found most of my classmates to be genuinely friendly and approachable. ” Gwenael
Student, MSc EBA FIN

Analysing investor portfolios

You will be trained in analysing stocks, bonds, and derivative securities using prevalent models for pricing and risk management. Investors form portfolios of different securities, and you will learn analytical tools for selecting portfolios optimally.

Risk-return trade-off

The risk-return trade-off is essential to investments, and modern finance focuses on identifying relevant risk measures and the risk premia investors can obtain. You will explore both theoretical models and empirical studies of the risk-return relation.

Financial industry and markets

You will obtain a solid knowledge of the different players in financial markets: Companies, households, banks and other financial institutions. You will learn about the financial decisions of companies, households, and financial institutions and their influence on financial markets.

“ I thoroughly enjoy studying mathematics and all things quantitative relating to financial markets. ” Liam
Student, MSc EBA FIN

Analytical skills

To understand and apply both theory and empirical methods you need special skills in mathematics, statistics, and IT. Quantitative software is widespread in the financial industry as it expedites the applications of the often quite complex models.

You will train this both in a dedicated first-semester course and by training integrated into other courses.

Communications skills

You will develop communicative skills through short assignments and longer written reports, as well as both oral and written exams.

See the programme regulations for MSc EBA FIN

See you in February 2027

Are you considering a master programme at CBS? Then come to our next Open Day and learn more about your options.

Master events

See upcoming events that can help you with your study choice and admission.

Event

Open day for master programmes 2027

Date:

4 February 2027

Location:

Solbjerg Plads 3, 2000 Frederiksberg

Are you considering a master programme at CBS? Come visit us for Open Day and hear what your options are. Here you can meet students and staff, pose your…

View event

Structure

Finance

You learn how financial markets operate and how companies and investors make decisions about value, risk, and capital. Finance in the MSc in Economics and Business Administration focuses on analysing and managing investments, portfolios, and financial strategies in a global context.

Economics and mathematics

You learn to use economic theory and quantitative models to understand and predict financial behaviour. Economics and mathematics in the MSc in Economics and Business Administration – Finance provide a solid analytical foundation for studying markets, pricing, and decision-making under uncertainty.

MSc EBA FIN

Finance – 65%

Economics and mathematics – 35%

3 things to consider

Are you ready for a quantitative challenge?

This is a numbers-driven programme. You’ll use mathematics, statistics, and IT tools extensively to analyse investments, value securities, and manage financial risk. If you’re not comfortable with quantitative methods , or not willing to become so, this may not be the right fit.

You have a crush on finance

Success in the programme depends on more than technical skills. It requires genuine curiosity about how financial markets work and how companies and institutions make financial decisions. You like topics like asset pricing, risk management, and portfolio theory.

Independent work and critical thinking

The programme expects you to engage deeply with complex financial problems, not just solve equations. You will need to interpret results, question assumptions, and communicate your conclusions clearly. It’s’ about knowing the tools and how to use them effectively

Programme overview

1st semester

1st year

2nd semester

1st year

3rd semester

2nd year

4th semester

2nd year

More about the programme progression

Studying in English

If you do not have a bachelor degree taught in English, we recommend that you read more about what to consider before applying for a master’s programme taught in English.

Read more about Teaching and literature in English on Teaching and working methods.

Options during the programme

During the programme, you have various opportunities to create your own academic profile.

Electives

On the 3rd semester, you can choose to study courses of your specific interest. CBS offers a large number of electives within a wide range of topics. You can also choose to take electives at other Danish universities. The electives you choose have to be relevant for your programme.

See the current selection of CBS electives on Courses at master level.

Minor

On the 3rd semester, you can also choose to study a so-called minor. A minor is a package of electives within a specific academic area. Typically, it consists of 3 courses. By taking a minor, you strengthen your competences within a specific area of interest, and you can use it to qualify for specific jobs or industries.

See the current selection of CBS minors on Minors.

Exchange

Many students choose to go on exchange on their 3rd semester; usually at one of CBS’ more than 300 partner universities. When you go on exchange through CBS, you do not have to pay for the teaching at the foreign university (with a few exceptions), and you can bring your SU (student grant).

Find a list of all CBS partner universities here.

Internship

You can choose to replace some of your electives with a so-called academic internship. The academic internship consists of an internship period at a company, which is then completed with a project report. You can do the internship at a company in Denmark or abroad.

When doing an internship you get the opportunity to relate theory to practice and reflect on the academic training you receive at CBS in a practical setting. Therefore, the project report and work assignments during your internship have to be relevant to your study programme.

CEMS

On FIN, you can apply for the CEMS - Master in International Management programme. CEMS MIM is a double degree programme, which gives you the opportunity to add a second degree in international management to your CBS degree. This means that you will get both the MSc degree and the CEMS in International Management degree.

CEMS is a 1-year programme, which you study in combination with your CBS degree in your 3rd and 4th semester. Part of it takes place at one of the other CEMS universities abroad.

Learn more about CEMS / Master in International Management.

Master's thesis

Your 2nd year is completed with a master's thesis. You choose the topic you want to write about which allows you to focus on a specific topic of your interest. Typically, you write your master's thesis with a fellow student.

“The programme can be challenging at times, but it's great to have classmates who are willing to help each other out. ” Gwenael
Student, MSC EBA FIN

See you in February 2027

Are you considering a master programme at CBS? Then come to our next Open Day and learn more about your options.

Study environment

Friendly atmosphere

Your classmates have diverse and often international backgrounds, are friendly and happy to get to know each other and learn from different perspectives. Although the workload can be challenging, classmates have a sense of community and are willing to help each other out.

Student life at CBS

Studying at CBS is much more than just preparing for and going to classes.

At CBS, there are more than 20,000 students with different backgrounds and nationalities. Teamwork is an essential part of studying at CBS both in classes and in extracurricular activities.

With more than 100 student organisations, you also have plenty of opportunities to engage and connect with students across programmes and classes.

Learn more about the vibrant student life at CBS, the student organisations, and the international environment on Student life.

For internationals

If you are an international student, we have gathered a lot of information about what it is like to be an international student at CBS and how you can prepare for life in Denmark.

Read more on International students.

Meet the students

Gwenael

“ The sense of community has made my learning experience more enjoyable and rewarding. ”

Programme: MSc EBA FIN

From: Meerbusch, Germany

Age: 22

Educational background: Economics and Business Administration - Goethe University Frankfurt am Main

Why did I choose my programme (and CBS)?

I chose the FIN programme at CBS mainly for three reasons. Firstly, I wanted to do my entire master’s abroad, as I didn’t have the opportunity to go on exchange during my bachelor’s because of the pandemic. Secondly, CBS has a very good reputation, not only in the Nordic countries, but also in Germany (where I am from). Thirdly, I realised during my bachelor studies that I have great interests in asset management and quantitative work, which I hope(d) to gain deeper understanding of through the FIN programme.

What do I like the best?

What I enjoy the best is the positive atmosphere among the students. I have found most of my classmates to be genuinely friendly and approachable. I appreciate the opportunity to interact with people from diverse backgrounds and learn from their perspectives. The programme can be challenging at times, but it's great to have classmates who are willing to help each other out. This sense of community has made my learning experience more enjoyable and rewarding.

How do I experience the difference in academic level between my bachelor and master programme?

I would say that the difficulty level is comparable, though the workload is higher. For example, in corporate finance we went through virtually the entire range of topics I had covered in all of the corporate finance courses I took in my bachelor's degree. If you haven’t previously studied at CBS or another Scandinavian university, the teaching methods can also be quite different: We work a lot with Excel, and exams are mostly open book and done on computers.

What are the biggest challenges in my programme?

I would say the biggest challenge is to stay up to speed with all the lectures and exercise classes, especially if you work alongside studies (which is very common in Denmark and particularly in the FIN programme, I would say). You usually cover 60-90 slides per lecture, the pace is fast, and you are required to understand the materials that were discussed in previous lectures, as topics build upon each other. If you at some point fall behind, it’s hard to close the gap.

What would I have liked to have known before starting my programme?

I would say that the information on CBS's website provides a good overview about studying at CBS and the specific programmes.

What do I want to do after finishing my programme?

I’m not yet sure. Before I moved to Copenhagen, I was really certain to directly jump into a fulltime position after my master’s. Since then, my perspective has changed, and I’m considering two paths: Either I will try to get into a graduate programme at one of the big asset managers/banks or I will further build up on my master’s and pursue a PhD. I hope that the remaining one and a half year of my studies will help me to find out what suits me the best.

If I could give myself a piece of advice, before starting it would be…

I would advise myself not to stress too much. The master’s at CBS is definitely a challenge, but if you did well in your bachelor’s and you get admitted for the master’s programme, there is a reason for that. So, as long as you put in the work, you will be fine and have a great time.

Also, it takes time to settle in Copenhagen, finding an apartment, getting your CPR number and getting a bank account takes time, so I can only recommend to start informing yourself about the above early on.

Liam

“ The single aspect I like most about studying at CBS is the international student community. ”

Programme: MSc EBA FIN

From: Ottawa, Canada

Age: 26

Educational background: Bachelor of Commerce - Finance, John Molson School of Business

Why did I choose my programme (and CBS)?

I chose to study at CBS for a variety of reasons, but the primary reason was the course content of the Finance and Investments programme. I thoroughly enjoy studying mathematics and all things quantitative relating to financial markets. In addition to the academic content of the programme, Copenhagen is a welcoming, prosperous and vibrant city to live in as a student. The city’s culture and diversity is a pleasure to experience, and the part-time student opportunities help strengthen your career prospects upon graduation.

What do I like the best?

The single aspect I like most about studying at CBS is the international student community. Although it may seem a daunting task arriving to live and study in Denmark on your own, many international students experience the very same feeling and are keen on networking and making friends upon arrival to CBS. My colleagues and friends come from a wide range of different countries, and it has been a pleasure getting to know like-minded and intelligent people while studying together.

How do I experience the difference in academic level between my bachelor and master programme?

Throughout the initial weeks of the first semester of the Finance and Investments programme, it quickly became very clear that this programme is significantly more challenging than the financial mathematics I covered in my bachelor’s degree. Much of what I studied in my bachelor’s was covered in far more detail, and the mathematical elements were more advanced and demanding. Of particular importance was my Excel capabilities and know-how. In my bachelor’s, knowing how to use basic excel formulas was sufficient, but my programme at CBS required more.

What are the biggest challenges in my study programme?

The biggest challenge I encountered while studying at CBS was improving my time management skills. It’s very common as a student in Denmark to be employed in a part-time student position while studying your master’s degree. The combination of 20+ hours working and 50+ hours studying made time management skills a vital factor in my success in the Finance and Investments programme. By managing your time wisely and effectively using all hours in the workweek, one can still find time to spend exploring the beautiful city with their friends.

What would I have liked to have known before starting my programme?

I have been a prominent organising member of 3 student societies at CBS, however I only joined them part way through the first year of my studies. If I could go back and do it again, I would have joined these student societies on day one. Student societies present the opportunity to network with students from academic disciplines different from your own. Developing my network outside of my programme’s classroom has been an enriching experience, strengthening my social ties and network reach. I encourage all students to get involved!

What do I want to do after finishing my programme?

During my studies at CBS, I have worked part-time as a financial analyst at a leading start up in Copenhagen. Prior to starting at CBS, I worked full-time as a derivatives trader at a leading global proprietary trading firm in Canada. Following my graduation this spring, I will begin working as an oil trader at a firm in Copenhagen. I thoroughly enjoy living in Copenhagen, and my network, CBS degree, and professional experience have allowed me to prolong my time in this city.

If I could give myself a piece of advice, before starting it would be…

A piece of advice I would give my past self before starting at CBS would be to say “Yes!” more often. Life is short and meant to be enjoyed to its fullest extent. Nobody says “I wish I would have spent more time working” when they are in the final years of their life. Go out to dinner with your colleagues, take a walk in the park with your friends on Sunday morning, say “yes” to the CBS networking events, take advantage of all these opportunities and experiences that will fall on your plate while you are a student at CBS!

Teaching and exams

Lectures and exercise classes

You will experience a variety of teaching methods. On most courses you will attend both lectures and supporting exercise classes with smaller groups to facilitate active participation and discussions.

Quantitative analysis and the use of computer software tools will be integrated in the individual courses, e.g. the course in Quantitative Methods which focuses on hands-on financial problem-solving using Excel. Related computational tools with background lectures will be available online. Guest lecturers from a relevant company or industry will also give their perspectives.

Written course work

Some courses involve assignments where students write short reports based on their analysis of concrete problems and receive feedback from a professor or teaching assistant.

The business project and the master’s thesis train the student in analysing specific, complex finance problems of practical interest using a scientific approach and the concepts and methods introduced in the courses, presenting the results in a written report.

Read more about Teaching and working methods.

Workload

Graduate studies on CM FIN are more intense than at bachelor level. Expect to spend around 37 hours a week on your full-time programme. Around exams and assignment submission deadlines, the workload increases—often over 40 hours. Preparing for oral exams is particularly time-consuming, as it involves both rote learning and mastering key theoretical concepts from the curriculum and articulating them clearly.

Read more on Teaching and working methods.

Exams

Most exams are four-hour written open-book exams with access to a computer, but there is also an individual oral exam based on a 72-hour take-home group assignment.

Read more about Exams on Student life.

Student life at CBS

Being a CBS student is about more than going to lectures and doing exams.

Get a glimpse of student life at CBS. Here, you can explore what a typical day of teaching and exams looks like.

Also, you can learn how our programmes are structured and read about social life on campus, including the many ways to connect with fellow students.

Time consumption

Workload

On the master’s programme, you will work more independently than on the bachelor’s programme, and teaching places greater emphasis on preparation as well as in-depth individual study.

If you are studying on a full-time graduate programme, you should expect spending approximately 37 hours on average on your studies each week. The workload will vary during the year.

Hectic around exams

The time leading up to assignment submissions and exams can be hectic, and you can easily work more than 40 hours a week in this period. Preparing for oral exams can be especially time consuming, because you have to be able to explain and discuss the covered concepts and theories and learn things by heart.

Read more on Teaching and working methods

Student job

Most programmes are quite flexible in terms of combining studies with a student job. Most students work a maximum of 15 hours a week in order to have sufficient time for their studies.

Studying in Denmark - for internationals

If this is your first time studying in Denmark, you may find teaching and exam formats, the grading scale and the academic calendar very different from what you are used to.

Read about everything you need to know as an international student studying at CBS on International students

In need of special support?

Do you have a disability such as dyslexia, anxiety, autism, ADHD, long-term effects of concussion or another physical, psychological or neurological disability?

Then you have the opportunity to apply for Special Educational Support (SPS) and special conditions while studying.

This ensures you can study on equal terms with your fellow students.

Entry requirements

You are qualified for admission to the study programme if you fulfil the following requirements.
Please note that fulfilling the requirements does not guarantee you a study place.

1. Bachelor degree

You must have a bachelor degree before study start.

2. Language requirement

You must fulfil the language requirement before the application deadline.

3. Academic requirements

You must fulfil the academic requirements before study start.

1. Bachelor degree

You must hold a bachelor degree to fulfil the general requirement for admission to CBS’ master programmes. You must have completed your bachelor degree before study start.

Legal claim

No applicants have a legal right of admission to this programme as it is not the natural progression for any bachelor degree.

Have you not yet completed your bachelor degree?

You can apply for admission even if you have not yet completed your bachelor’s degree. However, you must finish it before study start. If you are offered a place, you will be conditionally admitted, which means:

You must complete your bachelor’s degree before you can begin your studies at CBS.
You must upload your bachelor diploma and transcript no later than 31 August.

2. Language requirement

English level A Danish upper secondary exam Other upper secondary exams Language tests CBS bachelor degree

Find your country

Only the exact qualifications listed below fulfil the English A language requirement.

In your application you must upload the exact documentation described below, as proof that your upper secondary qualifications fulfil the language requirement.

If you do not have one of the upper secondary qualifications below, you will need to take a language test.

Austria

Required courses and levels

Minimum total sum of 11 weekly lessons over years 10, 11 and 12 and Erste lebende Fremdsprache and Wahlpflichtgegenstände in English language. Subjects that are taught in English even as Wahlpflichtgegenstände do not count.

Required documentation

Reifeprüfung diploma certificate including Stundentafel covering (min.) 4 years of the Oberstufe OR

Reife- und Diplomprüfung diploma certificate including Stundentafel covering (min.) 5 years of the Oberstufe.

International Baccalaureate (IB)

Required courses and levels

English A1, higher level
English A2, higher level
English B, higher level
English A1, standard level
English A2, standard level
English A Language and Literature, higher level
English A Language and Literature, standard level
English A Literature, higher level
English A Literature, standard level

Required documentation

Official IB transcript issued by IBO. Alternatively, you can give CBS access to your results via IBO.org.

L or LK or Leistungskurs
P or Profilfach
K or Kernfach*
eA or erhöhtes Anforderungsniveau
E and designated as erhöhtes Anforderungsniveau in the certificate legend
HF or Hauptfach
PF or Profilfach
Highlighted in grey and and designated as Leistungsfächer in the certificate legend

*If you have had English as a Kernfach your Abiturzeugnis needs to state that this means you have had English at either erhöhtes Anforderungsniveau or as Leistungskurs.

For applicants with a Waldorfschule/Rudolf Steiner Schule Abitur or Deutsche Internationale Abitur/prüfung (DIA/DIAP) please contact graduateadmission@cbs.dk for more information.

Required documentation

All pages of your Zeugnis der Allgemeinen Hochschulreife (Abiturzeugnis): cover, diploma and report card for all 4 half-years showing the Qualifikationsphase as well as the Abiturprüfung

Iceland

Required qualifications

For upper secondary studies completed according to the 2008 reform:
Minimum 25 Fein (new credits) obtained in English; of these, minimum 15 Fein must be at Þrep (qualification level) 3 or higher

For upper secondary studies completed according to the 1999 reform:

Minimum 18 einingar (old credits) obtained in English; minimum one English subject must be at level 6 or higher (e.g. ENS 603)

Required documentation

Required documentation

National Certificate of Education Achievement (NCEA) levels 1 and 2 and 3

Norway

Required documentation

High School Diploma as well as High School Grade transcript (covering all four years’ worth of subjects and grades) taken in the US.

The following upper secondary qualifications do not fulfil English level A

The highest upper secondary level of English from the following countries does not fulfil English level A. If your upper secondary education is from one of the countries listed below, you will need to take a language test:

Belgium
Croatia
Cyprus
Czechia
Estonia
Finland
France
Greece
Hungary
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
The Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Switzerland
All non-EU countries other than Australia, Canada, New Zealand, UK, Singapore, South Africa and the US

Language tests

If you need to take a language test for master programmes, your scores must be available to CBS Admissions by the application deadline at the latest.

Make sure you register for your English language test well before the deadline. It can take up to three weeks from the test date before CBS receives your results. We therefore recommend that you book your test as early as possible.

If you have already taken an IELTS or TOEFL test, remember to check the test date. The test date – not to be confused with the date your test results were issued – must be less than two years old by the application deadline. If it is older than that, we cannot accept the result.

TOEFL

TOEFL iBT/iBT Home Edition

The TOEFL iBT/ iBT Home Edition taken on or after 21 January 2026 must be passed with both

a minimum overall score of at least 5 and
a minimum score of 4.5 in each of the four different sections

For the 2026 admission round, we accept an overall score of 94 (old scale) and 4.5 (new scale) in 2026. Both of these results must be present on the certificate. The subscores must still be a minimum of 4.5 in each of the four sections.

The TOEFL iBT/ iBT Home Edition taken before 21 January 2026 must be passed with both

a minimum overall score of at least 94 and
a minimum score of 20 in each of the four different sections

MyBest scores are not accepted.

Read more about the TOEFL and how to register on ETS.org

Documentation

Your TOEFL scores will be verified in the TOEFL database. You must list Copenhagen Business School as one of your score recipients when you sign up for the TOEFL test, or order a score sheet for Copenhagen Business School if you have already taken the test.

The TOEFL institution code for CBS is 7035.

You must upload either your digital copy, or a scan of your hard copy, TOEFL score sheet to the Application Portal.

Have you already passed a test?

Remember to check that your test date is no older than two years by the application deadline.

Be aware that it is your test date and not the date your test results were issued. If your test date is more than two years old by the application deadline, your test will not be accepted.

IELTS

IELTS Academic test

An IELTS academic test result of at least 7.0 with minimum 6.0 in each discipline is required.

IELTS tests that are more than two years old by the application deadline are not accepted

IELTS Online is accepted.

IELTS One Skill Retake scores are not accepted.

Required documentation

Your IELTS results will be verified in the IELTS database. Please instruct your test centre to make your results available to Copenhagen Business School, either when you book your IELTS test or after the test date.

You must also upload a scan of your IELTS test report form to the Application Portal. If you have not received the physical test report form, you can upload a document with the "Test Report Form Number" (TRF Number) so we can verify your scores.

Have you already passed a test?

Cambridge

The following Cambridge exams/certificates fulfil the English A language requirement.

Cambridge C2 Proficiency (Certificate of Proficiency in English) passed with minimum C.

Read more about the CPE and how to register.
Cambridge C1 Advanced (Certificate of Advanced English) passed with minimum C and an overall score of minimum 185.

Read more about the CAE and how to register.

Documentation

In order for us to verify your results, you need to do the following:

Sign up and share your results with Copenhagen Business School via the Candidate Results Website. Your Cambridge results are only valid if we can check them on their website.
Upload your Cambridge C2 Proficiency (CPE) or Cambridge C1 Advanced (CAE) Statement of Results and/or Certificate in the application portal

The Certificate of Proficiency in English and Certificate of Advanced English have no expiration date and are valid for life.

3. Academic requirements

Academic requirements

You must fulfil the academic requirements before study start.

The academic requirements are a total of 90 ECTS-points comprising of:

45 ECTS-points in the following core academic areas, with a minimum of 5 ECTS-points within each:

Microeconomics
Organisation
Marketing
Quantitative Methods/Statistics
Accounting
Finance

and

45 ECTS-points in Business Administration and/or Economics

Examples of topics that fulfil the academic requirements

Below are examples of topics that may help you fulfil the academic requirements. The list is not exhaustive but meant to give you a better understanding of what types of courses could cover the required academic areas.

Examples

Organisation: Organisational Design, Organisational Structure, Organisational Behaviour, Human Resource Management, Personnel Management, and the like.
NB! Topics within Industrial Organisation are not included in this area

Microeconomics: Utility, Demand, Supply & Equilibrium, Measurement of Elasticities, Consumer Demand Theory, Market Structures and Market Failure.
NB! Topics within Macroeconomics are not included in this area.

Marketing: Marketing Theory, Marketing Management, Branding, Brand Management, and the like.

Quantitative Methods/Statistics: Statistics, Econometrics, Quantitative Methods, and the like.

Accounting: Financial Accounting, Management Accounting, Auditing, Tax Accounting, Controlling, Bookkeeping, and the like.

Finance: Corporate Finance, Investment Analysis, Portfolio Theory and Management, Asset Pricing, Capital Budgeting, Derivatives, Financial Risk Management
NB! Topics within International Economics, Financial Economics and Macroeconomics are not included in this area.

Business Administration: Organisation, Marketing, Quantitative Methods/Statistics, Accounting, Finance, as well as Strategy, Innovation, Supply Chain Management, General Management, and the like.

Economics: Microeconomics, Managerial Economics, Industrial Economics, Macroeconomics, International Economics, and the like.

Make a self-assessment

What is a self-assessment?

If there is no advance assessment available for your bachelor’s degree, you can make a so-called self-assessment of your educational background.

If there is an advance assessment of your bachelor degree showing that you are missing certain academic areas to fulfil the academic requirements, you can also use the self-assessment to show how you fulfil the missing academic areas.

Your self-assessment is not binding for us, but it can help you prepare your application and give us a better overview of your educational background.

How to make a self-assessment

Start by listing all the undergraduate courses you have taken, or are going to take, as part of your bachelor's degree or in addition to it, and compare them to the programme's academic requirements.

Read your course titles and descriptions carefully. Try to categorise the courses according to the master programme’s academic requirements.

To get an idea of how we assess each course category, you can use the course catalogue to see how we have categorised different CBS elective courses or CBS Summer University courses within each category.

CBS elective courses
CBS Summer University

Use the self-assessment form

We have created a form you can use for your self-assessment. The form is a tool to help you match your courses with the academic entry requirements for the programme and see to what extent you fulfil them.

Remember to include

Courses you have already passed
Courses you are currently taking
Courses you expect to pass before study start (e.g. supplementary courses at summer university)

Download and save the self-assessment form

Chance of admission

More applicants than places

This programme has a limited number of study places.

If there are more qualified applicants than available places, we will select the best qualified applicants.

Selection criteria

The selection process at the MSc EBA - Finance and Investments is based on an overall assessment of applicants’ educational background at undergraduate level, with a focus on courses and grades within business administration and economics; grades within the academic areas constituting the academic requirements are of particular importance.

Courses and grades within finance, quantitative methods (including statistics and econometrics) and accounting may also be taken into consideration.

Personal statement

A personal statement is not part of the selection criteria for this programme.

If you upload a personal statement as part of your application, it will not be taken into consideration.

Connection to the Danish Labour Market

Your connection to the Danish labour market will be taken into consideration as part of the selection process. In your application, you will be asked to write a paragraph of no more than 500 characters (including spaces), describing your current circumstances and reflecting on your future career opportunities in Denmark.

Apply for admission

Read more about the application process, documentation and application deadlines

Admission and application

See you in February 2027

Are you considering a master programme at CBS? Then come to our next Open Day and learn more about your options.

Master events

See upcoming events that can help you with your study choice and admission.

Event

Open day for master programmes 2027

Date:

4 February 2027

Location:

Solbjerg Plads 3, 2000 Frederiksberg

Are you considering a master programme at CBS? Come visit us for Open Day and hear what your options are. Here you can meet students and staff, pose your…

View event

Admission in numbers

Study places

135

Applicants - 1st priority

779

Foreign students

68%

Gender distribution – men / women

78% / 22%

Average age

24.2 years

Career

Competencies

As a graduate, you will understand how financial markets work, how companies and households interact with them, and how financial institutions are regulated.

You have built a strong analytical foundation and a deep understanding of how financial markets operate. You have learned to evaluate investment opportunities, price financial assets and assess risk in a constantly changing global landscape.

You will master state-of-the art models for pricing, valuation, and investment, and apply them using data and software. You will be equipped to analyse real-world financial and investment problems and communicate your insights clearly. Also, you will gain the ability to turn complex financial data into insights that support decisions in companies, financial institutions and public organisations.

Competence profile

In the competence profile you can find more information:

See the competence profile for MSc EBA FIN

What do you learn on MSc EBA FIN?

Understand financial markets

You’ will learn how financial markets function and how different players like companies, banks, and investors make decisions. The programme covers everything from raising capital to managing risk, and you will gain a deep understanding of the financial system and its role in society.

Communicate with impact

Finance is not just about numbers. It’s also about explaining what they mean. Throughout the programme, you will strengthen your ability to present complex financial insights clearly, whether in writing, presentations, or discussions. This is key to creating real value in a professional finance career.

Build analytical skills

The programme is data-driven and hands-on. You will work with statistical software to apply finance theory in practice. With a strong focus on math, statistics, and IT, you’ll learn to analyse investments, price financial assets, and manage financial risk using modern models.

Career opportunities

Graduates work in various industries such as:

Banks
Funds
Insurance companies
Regulatory authorities
Other financial companies and institutions

Typical job tasks for a graduate:

Financial market analysis
Capital and risk management
Investment banking
Financial asset trading

More about MSc in Economics and Business Administration in Finance and Investments

About the programme

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Structure

See the programme structure and your options along the way to shape your own academic profile and the highlighted aspects.

Study environment

Meet the students and learn more about the teaching and exams.

Entry requirements

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Career

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Other master programmes

Curious about similar study programmes? You may find other study programmes that also match your interests and dreams for your career.

About MSc in Economics and Business Administration in Finance and Investments

Why study MSc EBA FIN?

Know the ins and outs of fin­ance

Quant­it­at­ive and IT skills

Love your spread­sheets

Analysing investor portfolios

Risk-return trade-off

Financial industry and markets

Analytical skills

Communications skills

See you in Feb­ru­ary 2027

Mas­ter events

Open day for mas­ter pro­grammes 2027

Structure

Finance

Economics and mathematics

3 things to con­sider

Are you ready for a quant­it­at­ive chal­lenge?

You have a crush on fin­ance

In­de­pend­ent work and crit­ic­al think­ing

Pro­gramme over­view

1st semester

Quant­it­at­ive Meth­ods

Cor­por­ate Fin­ance

In­vest­ments

Fin­an­cial state­ment Ana­lys­is

2nd semester

Fin­an­cial In­ter­me­di­ation

Em­pir­ic­al Fin­ance

De­riv­at­ives and Fixed In­come

Busi­ness Pro­ject

3rd semester

Elect­ives / Ex­change / In­tern­ship / CEMS

4th semester

Kan­did­at­spe­ciale

More about the pro­gramme pro­gres­sion

Studying in English

Op­tions dur­ing the pro­gramme

Elect­ives

Minor

Ex­change

In­tern­ship

CEMS

Mas­ter's thes­is

See you in Feb­ru­ary 2027

Study environment

Friendly atmosphere

Student life at CBS

For internationals

Meet the students

Gwenael

Why did I choose my programme (and CBS)?

What do I like the best?

How do I experience the difference in academic level between my bachelor and master programme?

What are the biggest challenges in my programme?

What would I have liked to have known before starting my programme?

What do I want to do after finishing my programme?

If I could give myself a piece of advice, before starting it would be…

Liam

Why did I choose my programme (and CBS)?

What do I like the best?

How do I experience the difference in academic level between my bachelor and master programme?

What are the biggest challenges in my study programme?

What would I have liked to have known before starting my programme?

What do I want to do after finishing my programme?

If I could give myself a piece of advice, before starting it would be…

For in­ter­na­tion­als

Teach­ing and ex­ams

Lectures and exercise classes

Written course work

Workload

Exams

Stu­dent life at CBS

Time con­sump­tion

Workload

Hectic around exams

Student job

Studying in Denmark - for internationals

In need of spe­cial sup­port?

Entry requirements

Know the ins and outs of finance

Quantitative and IT skills

Love your spreadsheets

See you in February 2027

Master events

Open day for master programmes 2027

3 things to consider

Are you ready for a quantitative challenge?

You have a crush on finance

Independent work and critical thinking

Programme overview

Quantitative Methods

Corporate Finance

Investments

Financial statement Analysis

Financial Intermediation

Empirical Finance

Derivatives and Fixed Income

Business Project

Electives / Exchange / Internship / CEMS

Kandidatspeciale

More about the programme progression

Options during the programme

Electives

Exchange

Internship

Master's thesis

See you in February 2027

For internationals

Teaching and exams

Student life at CBS

Time consumption

In need of special support?

Entry requirements

1. Bachelor degree

2. Language requirement

3. Academic requirements

1. Bachelor degree

2. Language requirement

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