Admission Requirements

Admission Requirements for the MS in Finance Program


General CEU Admission Requirements:

Program specific requirements:

  • Motivation Letter: The Motivational Letter or Statement of Purpose should express the applicant’s reasons for applying to the program (1-2 pages).
  • GMAT or GRE General Test or CEU Mathematics test:

We have a strong preference for candidates with a GMAT score of at least 600 (or a GRE equivalent; please check the GMAT equivalent of your GRE score in the GRE® Comparison tool.)

The GMAT or GRE General Test can be replaced by the CEU Mathematics test: The format, length and difficulty of the test is comparable to the quantitative section of the GMAT. If you are well prepared for the GMAT, you will also succeed in the CEU Math test. Please see a sample test here. The CEU Math test can be taken online, after submission of the online application.

Applicants with CFA Levels I & II or ACCA Levels 1-8 can be considered for exemption from the GMAT/GRE/Math test requirement.

We do not waive this requirement for applicants with work experience.

Candidates submitting a test score of one of the exams listed above should upload a scan of their score report to the relevant section of their online application. In case the score report is not available at the time of application, the candidate should upload proof of having taken the test in lieu of the actual test score. (CEU's institution code with ETS is 0069 - please use this code when taking a TOEFL or GRE test.) (GMAT institutional code: 0203)

  • Admission Interview:

Qualified applicants will be contacted to schedule an interview as part of the review process. Interviews may be conducted on the phone, through Skype, or in person, depending on the applicant's availability.

The admission interview is an approximately half an hour conversation with one of our faculty members about the applicant’s background, work experience (if any), motivation to join the program, future goals, etc.

Please note that acceptance for or enrollment in CEU's part-time programs does not entitle a student to a student visa or residence permit. Therefore, if you are accepted for a part-time MSc program, you will need to hold relevant resident status in Hungary on another account such as employment, marriage, etc. If you have no such status, please submit an application for the full-time version of this program.