Top Affordable MFin Programs'2025
Introduction
Masters in Finance (MFin) is a master's program offered by graduate schools to students with studies focused on subjects from the field of finance. A Masters in Finance program is typically stretched over a period of 0-2 years, depending on the graduate school and can be pursued, in some cases, part-time too. Masters in Finance is a discipline with a vast spectrum of subjects being covered under it.
One might think that the cost is directly related to the quality of the course they are applying for. But is that really true, in every case? For those who have little access to such information, we have curated a list that presents some of the top Master of Finance courses at highly affordable tuition expenses. These courses are offered by globally well-recognized Universities and also boast a good job placement rate and wide-spread alumni network.
List of Universities offering the most affordable MFin
Although most Masters in Finance courses can be highly expensive in terms of tuition fees and application fees, burning a huge hole through your pocket. In order to counter such financial restraints, we have listed below the most affordable MFin programs to opt for this 2025, providing them along with the expected tuition fees and application deadlines.
1. ETH ZURICH UNIVERSITY
Course: Master of Science UZH ETH in Quantitative Finance
About: MSc Quantitative Finance at ETH Zurich is a 1.5 years course for 90 credits. It is a highly international degree programme jointly offered by the University of Zurich (Department of Banking and Finance) and ETH Zurich (Department of Mathematics). This course of Masters in Quantitative Finance offered jointly by ETH and UZH is ranked #4 overall in the world, preceded only by the best universities in the USA, namely Princeton University and NYU. It is therefore the highest ranking course in this field in Europe ranked as #1. Along with this, they also boast a 100% employment rate for their students.
The course offers a unique combination of finance theory with mathematical methods such as probability theory, statistics and econometrics, numerical analysis and others for finance and insurance. Recent developments in the FinTech area are also included in the course modules. Any course of the programme is part of one of the two fields: ‘Economical Theory for Finance’ or ‘Mathematical Methods for Finance’, including core courses and elective courses.
Curriculum: The course curriculum consists of two semesters followed by the writing of a Master’s thesis to attain the completion certification and recognition of holding the MSc Quantitative Finance degree. Graduates have preparation and access to opportunities to work as specialists in quantitatively oriented areas of the financial services industry.
- Requirements: This MSc Quantitative Finance course strictly requires a University Bachelor’s degree in finance, economics, and / or science background (physics, mathematics, engineering, data science, etc).
- Application Deadline: Generally in January every year. The semester starts every fall in September and the admission is very competitive with a 15% to 20% acceptance rate.
- Fees: The tuition fee per semester (half year) is CHF 800, along with a supplementary charge for international students of CHF 100. There is an application fee of CHF 200 and a one-time enrolment fee of CHF 100. This totals the tuition expenses to CHF 2000 ≅ INR 180,000, making it a highly affordable masters in finance program to study abroad.
Important Note: While the tuition fee total is as low as INR 1,80,000, the living expenses there can be a bit on the higher side. In order to get an overview of costs, we can draw a rough monthly budget. Accommodation charges can vary depending on your choice between renting a room or a flat, but here we’re considering an average of CHF 800; insurance, public transportation, and electricity would approximate to CHF 500. Food, household items and utilities, and personal expenses would require CHF 700; while one could set aside CHF 150 for provisional expenses. This would total to CHF 2150 ≅ INR 1,92,000 monthly, i.e. approximately INR 23,00,000 annually would account for living expenses on an average with some space to save more.
Although the living expenses in Switzerland are high, it’s still an affordable option as the living expenses here combined with the tuition fees would still only account for 50% of expenses required for a study program based in the USA or Canada.
2. UNIVERSITY OF ST. GALLEN
Course: Master in Banking and Finance (MBF)
About: Master in Banking and Finance is a 18 months course offered by the University of St. Gallen. This Master in Banking and Finance course is not only a highly affordable Mfin course but it also offers high-quality education in both theory and practise. Graduates can look forward to a successful career starting with banks, consulting agencies, insurance companies and finance departments of the non-financial corporations, both in Switzerland and abroad. Master in Banking and Finance course at University of St. Gallen offers the following benefits:
- Exceptional Career Prospects
- #14 Masters in Finance Ranking 2022 by global Financial Times
- Combination of Theory and Practise for maximum understanding
- World-wide Alumni Network
Requirements: The Admission Committee receives and assess the applications based on the following criteria:
- Undergraduate Grades (30%)
- GMAT or GRE Score (30%)
- Extracurricular Activities (15%)
- Letter of Motivation (25%)
Application Deadline: Generally from October to April. The semester starts every autumn and has five admission rounds between October to April.
Fees: The application fees for this course is CHF 250, which is non-refundable. The course fees per semester is CHF 3329. This brings the total tuition expense to CHF 10,237 ≅ INR 914,000, which is as affordable as any Indian Mfin programmes with the added advantage of international exposure to theory and practice and alumni network.
3. WU VIENNA UNIVERSITY
Course: MSc Quantitative Finance
About: This is a full time course spanning over 2 years with 4 semesters and 120 credits to be earned, ranked in the top 9% Master of Finance courses globally in the QS ranking system. This course at the WU Vienna University boasts of 100 % of their graduates being hired within the first 6 months of placement trials. Graduates of the Master Quantitative Finance are qualified to be tomorrow's experts in the increasingly complex world of finance, e.g. in:
- asset management
- credit and market risk management
- treasury and trading
- financial engineering
- research and technical analysis
- corporate finance
Requirements: Students are required to fulfil the following criteria to apply:
- Have a relevant Bachelor’s programme completion certificate
- Statement of Purpose
- Valid GMAT / GRE scores
- Letter of recommendation
- Proficiency in English
Application Deadline: 1 September to March 8. This course starts every winter semester and has 3 priority deadlines between September and March. Students applying from abroad are advised to meet the Ist priority application deadline.
Fees: While there is no tuition fee for EU residents, non-EU resident students must pay EUR 3000 for tuition fees for the entire course of 2 years. Including the application fees, the total tuition expense would be approx. INR 300,000 making it one of the most affordable Masters of Finance courses globally.
4. KOZMINSKI UNIVERSITY
Course: Master in Finance and Accounting
About: Master in Finance and Accounting course offered by Kozminski University is a 2 year full time programme that is ranked as #1 in CEE region and #30 in the world for Masters in Finance courses 2022 by the Financial Times. The program is designed in close cooperation with strategic partner companies and covers the full spectrum of advanced financial topics in order to boost your professional career perspectives.
This course helps students to pursue top international careers in finance as creative and responsible leaders. The candidates can choose between 3 available majors, and also have the choice to opt for a dual degree with this program. They also expect jobs surrounding the following roles: specialist in finance, specialist in international banking topics like FinTech, financial analyst, an accounting specialist or specialist in any department of a company related to finance and accounting.
Requirements: One will have to fulfil following requirements to be eligible for application:
- Pass an Entry Test: An entry test of 50 points for 40 minutes will have to be appeared for and cleared. Students with CFA certification for level - I and above are waived from this test and awarded full 50 points directly.
- Fill application form online
- Attach passport and CV written in English.
- Proof of Proficiency in English language
- Application fees payment slip
- Fees: The tuition fee for the entire program if paid in full is EUR 11320, and if paid in instalments it becomes EUR 11500. Including the non-refundable application fees, the total tuition expense sums up to approx. INR 10,30,000.
Conclusion
These are the top four highly affordable Masters in Finance programs across the world that we have searched and listed for you. For more such privileged content to help you study abroad at the University most right for you, you can contact us here.
Success Stories
Krutika
Admits from EDHEC Business School
Bijal was instrumental in structuring my application to demonstrate my work. She provided me with timely feedback and guidance. Being an MiM student herself, she shared her personal experience at every stage which helped me to have a better understanding of the process and get into the school of my choice.
Santanu Kumar Pal
Admits from EDHEC Business School
I highly recommend Bijal Gandhi, the founder of EdYou Abroad, a Higher Education Consultancy Company, for her exceptional services in guiding students through the master’s application process. Bijal’s expertise in personalized assistance, value for money, and honest, unbiased advice sets her apart. Her commitment extends beyond admission, as she continues to provide valuable guidance even after acceptance. With Bijal’s assistance, I successfully gained admission to EDHEC Business School, a top-tier institution. I am grateful for her professionalism and dedication, and I confidently endorse EdYou Abroad’s consultancy services for anyone pursuing higher education opportunities.
Urmi Panchamia
Admits from University of Toronto
EdYou with the super experienced counsellors, have ALL the answers to your Study Abroad Journey. So Helpful, couldn’t have imagined anyone else giving me the kind of insight and expertise for my applications. The guidance with Cv Building, Portfolio and SOP has increased my chances of getting into top colleges. Would recommend every student to plan their future abroad with EdYou.
Simran Jariwala
Admits from Stevens Institute of Technology
Even though I had no tech background, Bijal’s help got me into good business and data analytics programs that too with scholarships. Thank you so much for believing in me!
Sreekanth Reddy Annareddy
Admits from EDHEC, SKEMA
I highly recommend Bijal as a study abroad consultant. What really set her apart was how personalized the entire service was. She didn’t just give generic advice but took the time to understand my goals, preferences, and concerns. From suggesting the right universities to helping me refine my application, every step felt tailored to my needs.
What truly stood out was the genuine support she provided. Bijal was always there to answer my questions and give advice that felt both thoughtful and sincere. It wasn’t just about getting me into a program, she genuinely cared about my journey and well-being throughout the process. Her attention to detail and constant encouragement made a huge difference, and I felt confident every step of the way.
If you’re looking for a consultant who offers a genuine support throughout your study about journey, Bijal is the one you want by your side.
Aditya Shetty
Admits from SKEMA Business School
I am delighted to write this recommendation for Bijal, whose exceptional guidance played a pivotal role in my admission to the Master in Management program at Skema Business School, Paris.
Bijal’s expertise as a counsellor goes beyond just offering advice; she takes the time to understand her students’ aspirations, strengths, and challenges. Her ability to provide personalized strategies and insights helped me build a compelling application that truly reflected my skills and potential.
Throughout the process, Bijal was not only a mentor but also a source of constant encouragement. Her meticulous attention to detail ensured my essays, resume, and other materials met the highest standards. She also provided invaluable support in preparing me for interviews, equipping me with the confidence and clarity needed to succeed.
I wholeheartedly recommend Bijal to anyone seeking expert guidance for their academic or professional journey. Her skills, experience, and passion for helping others achieve their goals make her an asset to anyone fortunate enough to work with her.
Ananya Shenoy
Admits from Georgetown University
Bijal played a pivotal role in helping me structure my application to highlight my work and achievements effectively. Her feedback was always timely, insightful, and tailored to my goals. Her guidance was instrumental throughout the process and played a key part in helping me gain admission to the school of my choice. Thankyou!
Sivaraam K
Admits from ESADE, EDHEC, FSFM
I am incredibly grateful to Bijal for the invaluable support and guidance she provided throughout my academic journey. At a time when I felt uncertain and doubted the strength of my profile, Bijal’s insightful understanding and personalized approach completely transformed my perspective. She helped me streamline my entire application process and gave me clarity on choosing the right university—one that I genuinely had a chance at—and even helped improve my acceptance chances significantly.
What truly stood out was her dedication to my essay drafting challenges. Bijal treated it with such care and importance that it felt extraordinary, and I am deeply thankful for that. Even after receiving an early admission offer, she encouraged me to hold on and explore other options, knowing my profile was strong enough for a better fit. Thanks to her mentorship, care, and up-to-date knowledge of universities worldwide, I ultimately secured a place at a top 20 global university for my business master’s program—something no other consultancy would have advised.
Bijal made me realize the potential in my profile when I couldn’t see it myself. I wholeheartedly recommend her for anyone seeking deep, thoughtful analysis for university selection, academic research, or professional guidance. She is not only growing in her expertise but also helping others grow alongside her.
Anshul Pokharna
Admits from EDHEC, BITSOM
I worked with Bijal Gandhi during my MBA application process, and I’m genuinely glad I did. When I first started, I was focused on going abroad. But after a few discussions with my parents, I began exploring Indian options too — that’s where Bijal really stepped in.
She never gave templated advice. Instead, she helped me think through both options carefully — understanding my profile, career goals, and what I really wanted from an MBA. Her approach was balanced, honest, and very thoughtful.
One thing I truly appreciated was how seriously she took BITSoM. A lot of people would have dismissed it just because it’s a new school, but she did her homework. She looked into the faculty, curriculum, industry connects, and overall potential. Her analysis gave me the confidence to apply — and eventually accept the offer.
If you’re looking for someone who’ll truly guide you — not just help you apply — Bijal is someone you can trust.
Bhavana Manikonda
Admits from UCL
am super happy to recommend Bijal! She was an amazing mentor who guided me through a big career change from medicine to management. I got into UCL, which top 9 in the world…I was clueless about what course to choose, which university to choose , but Bijal’s guidance and support were spot on. She’s super friendly, and always available to help.Bijal not only provided me with valuable insights and advice but also ensured that I was well-prepared for every step of the process. She was consistently available to answer my questions and offer support, and her enthusiasm and passion for her work are contagious.
I can surely say that no one understands what course you need and university you pick,beacuse I have seen friends struggle taking universities and courses recommended by consultants as they get money through tieups she really never compromised and I really love this about her.
What struck me most about Bijal was her commitment to delivering on her promises. She did everything she mentioned . I had a smooth and successful experience. Her guidance and mentorship were invaluable, and I feel incredibly lucky to have had the opportunity to work with her. Bijal made the whole process smooth and stress-free. If you need guidance on your abroad journey bijal is the best!!!
Mrunal Hulke
Admits from ESSEC Business School
I’m incredibly grateful to Bijal for her unwavering support throughout my study abroad application journey. From our first conversation, she took the time to truly understand my background, strengths, and aspirations, and helped me express my story in a way that felt both authentic and compelling. Her feedback on my applications to HEC Paris and ESSEC Business School was always clear, actionable, and encouraging, which made the whole process feel much less daunting. Bijal also guided me through my interview prep, helping me find my voice and present myself with confidence. Thanks to her mentorship, I was thrilled to receive initial shortlists from both schools. I wholeheartedly recommend Bijal to anyone pursuing their dream of studying abroad, her guidance and genuine care truly make all the difference.
Cesar Souza
Admits from London Business School
I’m deeply grateful to everyone who supported me throughout this journey, and especially to Bijal Gandhi from EdYou Abroad, who played a key role in making this achievement possible. Their support went far beyond strategic guidance. They helped me structure my story, highlight my experiences, and build a coherent and authentic application. I couldn’t have done it without them.