The tuition fee for the Master in Economics and Finance 2012-2014 is EUR 3,785 per year. This figure may be adjusted by a limited amount, following regulations of the Spanish education authorities.
Exemption from tuition and scholarships
CEMFI may grant students exemptions of the tuition fee and/or scholarships for living expenses amounting up to EUR 10,000 per year. Exemptions and scholarships are granted according to academic merit. Some of this support is funded by a set of sponsoring institutions. Applications for funding will not affect the student’s chances of being admitted in any way.
Applicants of the Master are encouraged to apply directly for external scholarships for graduate programs. These scholarships usually have very early application deadlines. Therefore, we highly recommend students to apply well in advance.
Some institutions awarding scholarships to Spanish and EU students are: Banco de España, cajAstur, Fundación la Caixa, Fundación Rafael del Pino, Generalitat de Catalunya, Gobierno Vasco, and the Spanish Ministry of Labour (Reina Sofía Scholarships).
After enrolling in the Master these students can also apply for a scholarship from the Spanish Ministry of Education.
Non-EU students (including Latin American students) should consult the Spanish Ministry of Foreign Affaires website for the MAEC-AECID scholarships.
Scholarships for Latin American students
In preceding years, special scholarships have been available for Latin American students of the Master. In case these scholarships are endowed, an announcement will appear in our website. Applications for these grants would then be carried out directly at the website of the granting institution, not at CEMFI’s.
The Spanish Ministry of Education subsidizes loans in a set of banking institutions, for which students of any nationality, with residence in Spain, who enrol in graduate studies may apply.
Please visit the official website for further information: