FT Rank #59

Master's in Management (MiM)

ISEG Lisbon School of Economics and Management
Lisbon, Portugal
Compare every MiM in Lisbon
Fees
EUR 7,800 in total inside the EU and EUR 11,000 outside it, for the 2026/2027 intake — split across two academic years as EUR 5,800 + EUR 2,000 and EUR 7,500 + EUR 3,500. ISEG labels the table 'These are provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies', so the figure is the latest published and is provisional at source. Two payments sit outside tuition: a EUR 50 application fee per course, and a first instalment of EUR 700 (EU) or EUR 1,400 (non-EU) paid at registration and deducted from the first year
Duration
3 semesters full-time (90 ECTS) — one September intake
Employment
100%
3 months out
Language
English

Facts verified against official sources · last checked September 2026 · see sources

Key facts

The Master's in Management (MiM) at ISEG Lisbon School of Economics and Management runs 3 semesters full-time (90 ECTS) — one September intake in Lisbon, Portugal, with tuition of EUR 7,800 in total inside the EU and EUR 11,000 outside it, for the 2026/2027 intake — split across two academic years as EUR 5,800 + EUR 2,000 and EUR 7,500 + EUR 3,500. ISEG labels the table 'These are provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies', so the figure is the latest published and is provisional at source. Two payments sit outside tuition: a EUR 50 application fee per course, and a first instalment of EUR 700 (EU) or EUR 1,400 (non-EU) paid at registration and deducted from the first year. It ranks #59 in the Financial Times Masters in Management 2025 table. The GMAT/GRE is optional.

Location
Lisbon, Portugal
Length
3 semesters full-time (90 ECTS) — one September intake
Credits
90 ECTS
Tuition
EUR 7,800 in total inside the EU and EUR 11,000 outside it, for the 2026/2027 intake — split across two academic years as EUR 5,800 + EUR 2,000 and EUR 7,500 + EUR 3,500. ISEG labels the table 'These are provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies', so the figure is the latest published and is provisional at source. Two payments sit outside tuition: a EUR 50 application fee per course, and a first instalment of EUR 700 (EU) or EUR 1,400 (non-EU) paid at registration and deducted from the first year
FT rank (2025)
#59
Test policy
GMAT/GRE optional
Taught in
English
Employment (3 months out)
100%

What this programme is

The Master’s in Management (MiM) is the English-taught, three-semester, 90-ECTS general management master’s at ISEG Lisbon School of Economics and Management, a school of Universidade de Lisboa that was “officially founded in 1911” and describes itself as “the first Portuguese economics and management school”.¹ ⁵ The programme itself is young — “ISEG introduced the MiM in 2020” — and it is the fifth Portuguese programme in this catalogue, after Nova SBE, Católica Lisbon, ISCTE and Católica Porto

Three semesters, not four and not two: *“The study program is spread across 3 semesters, with a total of 90 ECTS, of which 30 ECTS (the 3rd semester) correspond to a final work (dissertation, project or internship report).”*¹ That puts it in the same shape as Católica Lisbon and Católica Porto rather than the one-year French and British formats — see one-year vs two-year for what that trade actually costs.

The thing that changed four days before this page was written

On 7 September 2026 ISEG announced that the MiM “enters, for the first time, the ranking Masters in Management from the Financial Times, directly reaching the 59th in the world”, in an edition that “ranks 100 programs from schools in different regions of the world”.² A debut, not a climb — there is no previous position to compare it with.

What the school reports underneath the headline is the more interesting half:

ISEG’s stated FT 2026 result
Overall59th of 100
Career progression8th in the world
Employed within three months100%, on a 96% response rate
Salary progression+48% on the salary at completion
International students73%
Value for money31st
ESG education and carbon neutrality17th
Overall satisfaction8.88 / 10

**Every figure in that table is ISEG’s own statement of its FT result.**² The Financial Times table sits behind a paywall this site does not cross, so nothing here is attributed to the FT directly, and this profile does not reproduce a rank it has not read at source. Where the school and the table ever disagree, the table wins — how we verify explains the rule.

Two of those lines deserve to be read slowly. The salary figure is a change, not a level: “an average increase of 48% compared to the salary earned upon completion” tells you nothing about what it increases from, and ISEG publishes no absolute salary anywhere this page could reach. That is why there is no salary on this profile and no ISEG row on the highest-salary list, where Nova SBE sits on a reported ~US$123k. And 100% employment is on a 96% response rate — high, and still not a census.

Three things that make this worth reading

1. The cheapest FT-ranked management master’s in Portugal

The programme page prints one fee table, and it prints a caveat above it: *“These are provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies.”*¹

First yearSecond yearTotal
Within the EU€5,800€2,000€7,800
Outside the EU€7,500€3,500€11,000

Set the EU total against the two Portuguese programmes in this catalogue that carry an FT Masters in Management rank — Nova SBE at about €11,900 and Católica Lisbon at €16,900 — and ISEG is below both.¹ ² ISCTE is cheaper still at €7,350 and carries no FT management rank; Católica Porto is triple-crown accredited at €11,676 and likewise unranked. So the sentence that is true, and the only one this page will make, is the narrow one: of the Portuguese MiMs here that the FT ranks, this is the least expensive.

One caveat on the rank numbers, and it applies to this whole site rather than to this page. ISEG’s 59th is the 2026 edition of the FT table, published on 7 September 2026 — four days before this profile was written. The FT positions recorded against Nova SBE and Católica Lisbon across this catalogue are still the 2025 edition’s, and re-keying ~60 profiles to the new table is a separate piece of work that needs the table itself. Until that lands, compare the prices — which are current for all three — and do not read a 2026 rank against a 2025 one.

The passport premium is €3,200 — 41% more for a non-EU student. That is real, and it is modest beside the schools in this catalogue where the same seat doubles or trebles in price. See the cheapest programmes and best value for where it lands overall.

Two payments sit outside the tuition line. “The application fee is 50 euros per course”, and at registration *“Payment of the first installment (700.00€ for students within the EU and 1400.00€ for students outside the EU) is made at the registration (deductible from the total amount of the 1st Year). This payment guarantees occupancy of the place.”*³ It is deducted from the first year rather than added to it — but it falls due before a visa exists, and *“Withdrawal from registration does not exempt you from the payment.”*³

2. No admissions test — and, unusually, a published scoresheet in its place

There is no GMAT, no GRE and no ISEG-run entrance exam. Neither the programme page nor the applications page names a test of any kind, and both were read in full on the same day, each carrying strings that appear on no sibling page — so this is a negative scoped to two real pages, not the silence of a failed fetch.¹ ³

What replaces it is rarer than its absence. ISEG publishes the whole scoresheet:

“Applications for the MIM program will be assessed based on a calculated SCORE using the following criteria, with a maximum of 20 points achievable”Academic Performance (50%, max 10 points), Institution and Degree (20%, max 4), Alignment with MIM Objectives (15%, max 3), Personal Motivation (15%, max 3).¹

Three things follow from that, and none of them is obvious from “no GMAT required”:

  • Half the decision is your transcript, assessed on “the highest academic degree attained or, for students without a degree, the average grade of completed course units to date” — with no published minimum. There is no bar to clear and none to argue your way past. If your average is weak, there is no test score here to offset it, which is the flip side of a test-optional school that most no-GMAT lists never mention. Compare the schools on the no-GMAT hub that do weight a submitted score.
  • A fifth of it is where you studied, scored “in accordance with international and/or national rankings”.¹ Most schools do some version of this quietly; ISEG writes it down and gives it four points.
  • Six points are soft — alignment of your background with the programme, and motivation judged “through interviews and/or Motivation Letters”, with interviews discretionary.¹ The motivation letter is the part of a 20-point score you can still change in the week before you apply.

The subject condition is the other real gate, and it is looser than most: a first degree “in Management, Economics, Finance, Accounting, Mathematics Applied to Economics and Management or other relevant to the study cycle”, with *“Applicants with other degrees are considered on a case-by-case basis.”*¹ Finalists may apply conditionally if they “satisfy the conditions for obtaining the degree by the end of September”

3. The English certificate is optional — and the exemption is drawn by language, not by country

ISEG’s applications page asks for a “Certificate of knowledge of English or Portuguese (Minimum level: B2, TOEFL 70, IELTS 6.5) for applicants to courses taught in English or Portuguese (except national, Palop and Brazilian applicants)” — and then, in the footnote to the same line, says: *“This document is not compulsory, but it is the applicant’s responsibility to have a minimum knowledge of the language in which the course is taught (minimum level B2).”*³ The programme page agrees, listing “English Diploma (optional)” among application documents and asking only for *“an excellent command of the English language, written and spoken.”*¹

Two features of that rule are worth naming, because our comparison of English evidence across Europe has found nothing shaped quite like it:

The exemption is a language community, not a nationality list. “National, Palop and Brazilian applicants” means Portugal, the Portuguese-speaking African countries and Brazil — an exemption drawn by the language you were educated in rather than by whether your country is majority-English-speaking. Most of the schools in this catalogue draw it the other way round.

And the certificate is not compulsory at all. The named bars — TOEFL 70, IELTS 6.5, CEFR B2 — describe what a certificate should show if you send one, not a condition of applying. Note that TOEFL 70 is low by this catalogue’s standards while IELTS 6.5 is ordinary, so the two are not equivalent doors.

One caution: the double degree route is stricter than the MiM itself. To go to EM Normandie for the second year you need “IELTS 6.0, TOEIC 790 or TOEFL 83” and “an academic average of 14/20, from the 1st semester of the 1st academic year, of the MiM”.¹ The certificate you did not need to be admitted becomes a requirement to move.

The date trap: the MiM has no fourth round

This is the part of the page most likely to change what you do.

ISEG publishes one application calendar for all its master’s programmes, and it has four phases:³

PhaseApplicationsRanking by
1st2 December – 2 February16 February
2nd3 February – 31 March13 April
3rd1 April – 18 May1 June
4th2 June – 22 June1 July

Underneath it, on the same page, a second table lists each programme against those four columns. Management reads “Here Here Here N/A” — open in the first three phases, and not running in the fourth, alongside Finance, Actuarial Science, Industrial Management and Mathematical Finance.³ A reader who takes the calendar at the top of the page at face value would plan for a late-June deadline that does not exist for this programme.

And for an international applicant the window closes earlier still. The same page states: *“International students (from outside Europe) are not recommended to apply in the 3rd phase due to the time it takes to obtain a visa.”*³ Put the two facts together and, on a non-EU passport, the practical last call is the second phase, closing 31 March — nearly three months before the calendar’s final date.

One more mechanic worth knowing: applications that are neither accepted nor rejected “may be carried over to the next phase, provided there are available spots”, but *“In the 4th phase, carry-over does not apply.”*³ For a programme that has no fourth phase, the third is where a carried-over file stops.

Why this profile publishes no dated rounds. The calendar above is labelled “Application Calendar 2026/2027” — the cycle that fed the intake starting in September 2026, which has already begun. No 2027/2028 calendar had been posted when this page was written, and the same page still carries a stale instruction from an older cycle (“no later than 15/10/2024”).³ Projecting next year’s dates from one observed cycle would be a guess dressed as a fact, so the deadline tracker carries no ISEG row until ISEG posts the notice. Watch the applications page from around the start of December, and note the school’s own expiry rule: *“For GDPR reasons, after publication, notices are only available for a period of 3 months.”*³

What you actually study

Semester one is a fixed core of ten three-credit courses in two six-week blocks — Financial and ESG Reporting, Business Strategy and Performance, Organizational Culture and Behavior, Global Economic Trends, Operations Management, then Financial Markets and Management, Marketing Management, Leading People in the 21st Century, World Business Environment and Excel & Python Analysis.¹

Semester two adds a major, worth 18 of its 30 credits: “Choose your Major: - Strategic & Marketing Management - Financial & Operations Management - Business Data Analytics”*, with *“For each major, there will be six (6) compulsory courses, taught entirely in English.”*¹

The third semester is the 30-ECTS final work, and ISEG publishes six routes to it rather than a thesis by default: *“Path 1: Corporate Internship Project · Path 2: NGO Internship Project · Path 3: Experimental Research Project · Path 4: Entrepreneurship Project · Path 5: Consulting / Business Case Project · Path 6: ISEG ULisboa Project.”*¹ For a reader weighing whether a third semester is worth paying for, that list is the answer: it can be an internship, a venture or a consulting engagement rather than a dissertation. What you study in a MiM sets the shape against the rest of Europe.

What this programme does not have

A salary figure. ISEG publishes a 48% increase and no absolute number, so this profile publishes none either.² ⁠

A published class size. “Numerus Clausus 90” is a cap on places, not an enrolled cohort, and the two are different facts — a school admitting 60 against a ceiling of 90 has a class of 60.¹ ISEG publishes no enrolled figure, so this profile records no class size and says why. The one cohort statistic it does publish is “73% of the program’s students are international”

Scholarships an incoming international student can realistically apply for. ISEG’s Scholarships & Awards page is long and almost entirely closed to this reader: the merit scholarships are for first-year bachelor’s students; the largest award — “Turismo de Portugal awards 10 scholarships … up to a maximum of €60,000 per student” — is “for Portuguese students up to the age of 35”; several EY prizes read “Best Portuguese student”; and the award that covers tuition for “the best student of the ISEG Masters in Management” is reserved for people who did their bachelor’s at ISEG.⁴ The only MiM-naming award this page found with neither a nationality nor an alumni condition is the Explorer Investments merit prize — one prize, judged after you arrive.⁴ Read how MiM scholarships work in Europe and the scholarships hub, and budget as though tuition is the price.

A dated round you can apply against today, for the reason set out above.³

An independently-verified triple crown. ISEG’s own site carries a “World Ranked Triple Accredited” block with EQUIS, AACSB and AMBA logos, and its About page claims “the top 1% of the best economics and management schools worldwide”.⁵ This profile reports that as the school’s claim; the three accrediting bodies’ own registers were not read, so it is not stated here as our finding.

Who this is actually for

Three readers, and one it is not for.

The applicant who wants a ranked European MiM without a ranked European price. €7,800 inside the EU, €11,000 outside it, at a programme the FT placed 59th in its first appearance, in a capital whose cost of living is among the gentler ones in our city comparison. That combination is the whole argument for this page.

The applicant with a strong transcript and no test score. Half of a published 20-point score is your academic record, and there is no test anywhere in the other half. If your grades are your best asset, this is a school that says in writing how much they are worth. Cross-check the field on the no-GMAT hub.

The applicant who wants the third semester to be work rather than a dissertation. Six published final-work routes, two of them internships and one a consulting project, is a more flexible ending than most three-semester programmes in this catalogue offer.

It is not for the applicant who needs an entry scholarship, and that is the sharpest thing this page has to say: the money is not there for an international master’s candidate, and a low sticker price is not the same as a funded one. It is also not for anyone who needs a published salary to justify the decision — for that, start from the rankings, the highest-salary list or the shortlist builder, and read Portugal’s career outcomes before you choose a city.

Frequently asked questions

Does the ISEG Master's in Management require the GMAT?
No. Neither ISEG's programme page nor its master's applications page names the GMAT, the GRE or any school-run entrance test, and both were read in full on 2026-09-11. What replaces the test is published and weighted: admission is decided on a 20-point score made up of Academic Performance (50%, max 10 points), Institution and Degree (20%, max 4), Alignment with MIM Objectives (15%, max 3) and Personal Motivation (15%, max 3). ISEG adds that 'In some cases, the Masters Coordinating Team may conduct interviews with applicants as deemed necessary.' So there is no test to sit, but half of the decision is your transcript and a fifth of it is the standing of the university that awarded it.
How much does the ISEG MiM cost?
EUR 7,800 in total for a student from inside the EU and EUR 11,000 for one from outside it, split across two academic years as EUR 5,800 + EUR 2,000 and EUR 7,500 + EUR 3,500. ISEG labels the table as 'provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies', so treat it as the latest published rather than as final. Two further payments sit outside tuition: an application fee of 50 euros per course, and a first instalment of EUR 700 (EU) or EUR 1,400 (non-EU) paid at registration to hold the place, deducted from the first year but not refunded if you withdraw late.
When is the deadline for the ISEG Master's in Management?
ISEG runs four application phases for its master's programmes, but the Master's in Management is only open in the first three: its own row in the school's phase table reads 'Here Here Here N/A'. On the published 2026/2027 calendar that made the last window the third phase, closing 18 May with decisions by 1 June. ISEG separately advises that 'International students (from outside Europe) are not recommended to apply in the 3rd phase due to the time it takes to obtain a visa', which makes the second phase — closing 31 March — the practical last call on a non-EU passport. No 2027/2028 calendar had been published when this page was written, so treat those dates as the shape of the cycle rather than as next year's deadlines.
Do I need IELTS or TOEFL for the ISEG MiM?
Not necessarily. ISEG asks for a 'Certificate of knowledge of English or Portuguese (Minimum level: B2, TOEFL 70, IELTS 6.5)' but states in the same place that 'This document is not compulsory, but it is the applicant's responsibility to have a minimum knowledge of the language in which the course is taught (minimum level B2)'. The programme page lists 'English Diploma (optional)' among application documents and asks only that candidates have 'an excellent command of the English language, written and spoken'. The published exemption is unusual in that it is drawn by language community rather than by country: national, PALOP (Portuguese-speaking African) and Brazilian applicants are named as exempt. If you do choose to submit a certificate, note that the stated bars — TOEFL 70 and IELTS 6.5 — are a low TOEFL against a fairly standard IELTS.
Is the ISEG MiM ranked by the Financial Times?
Yes, for the first time in the 2026 edition, published on 7 September 2026. ISEG states that its Master's in Management 'enters, for the first time, the ranking Masters in Management from the Financial Times, directly reaching the 59th in the world', in an edition that 'ranks 100 programs'. The school reports an 8th place worldwide on the career-progression indicator, 100% of graduates employed within three months on a 96% response rate, a 48% average salary increase, 73% international students and an overall satisfaction rating of 8.88 out of 10. Every one of those figures is ISEG's own statement of its FT result; the FT table itself sits behind a paywall this site does not cross, and ISEG publishes no absolute salary number anywhere we could read.

Sources

  1. ISEG Lisbon School of Economics and Management — Master's in Management (MiM), the programme's own page, read 2026-09-11 with a browser-UA curl (HTTP 200, 25 KB; the page carries the fee table and the SCORE criteria, neither of which appears on any sibling page, so the fetch is scoped to the right URL). Verbatim: 'Duration 3 semesters', 'Taught in English', 'Numerus Clausus 90', 'ISEG introduced the MiM in 2020'. Structure: 'The study program is spread across 3 semesters, with a total of 90 ECTS, of which 30 ECTS (the 3rd semester) correspond to a final work (dissertation, project or internship report)' and 'All mandatory course units will be taught in English. Core courses and electives are daytime classes.' Majors: 'Choose your Major*: - Strategic & Marketing Management - Financial & Operations Management - Business Data Analytics', with '*You choose one major. For each major, there will be six (6) compulsory courses, taught entirely in English and distributed in two blocks.' Final work: 'MiM Final Work - Path 1: Corporate Internship Project - Path 2: NGO Internship Project - Path 3: Experimental Research Project - Path 4: Entrepreneurship Project - Path 5: Consulting / Business Case Project - Path 6: ISEG ULisboa Project 30'. Admission: 'The Masters in Management targets students with a first degree of higher education in a national or foreign institution in Management, Economics, Finance, Accounting, Mathematics Applied to Economics and Management or other relevant to the study cycle. Applicants with other degrees are considered on a case-by-case basis.'; 'Those students who have not yet completed the 1st Study Cycle (Bachelors) are eligible to apply conditionally, provided that they satisfy the conditions for obtaining the degree by the end of September (of the same academic year as their application).'; 'MIM is designed for pre-experience candidates, typically under 26 years old, who have little to no full-time professional experience. Most students enter the program with fewer than four years of work experience, and cohorts are predominantly aged between 22 and 24.'; 'All candidates should have an excellent command of the English language, written and spoken.' Selection: 'Applications for the MIM program will be assessed based on a calculated SCORE using the following criteria, with a maximum of 20 points achievable' — 'Academic Performance (Weight: 50%; max 10 points) Evaluation based on the highest academic degree attained or, for students without a degree, the average grade of completed course units to date.', 'Institution and Degree (Weight: 20%; max 4 points) Assessment of the university and school(s) awarding the mentioned degree(s) in accordance with international and/or national rankings.', 'Alignment with MIM Objectives (Weight: 15%; max 3 points)', 'Personal Motivation (Weight: 15%: max 3 points) General evaluation of candidate motivation through interviews and/or Motivation Letters.', 'In some cases, the Masters Coordinating Team may conduct interviews with applicants as deemed necessary.' Application documents: 'Certificate of the undergraduate degree', 'Academic Transcript', 'curriculum vitae', 'Motivation Letter', 'English Diploma (optional)', 'Reference Letter (optional)'. Fees: 'These are provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies.' and the table 'Students from First Year second year Total / Within the European Union EUR 5,800 EUR 2,000 EUR 7,800 / Outside the European Union EUR 7,500 EUR 3,500 EUR 11,000'. Recognition: 'Ranked 23rd in the Eduniversal Best Masters Ranking in General Management TOP 60 in Western Europe 2025' and 'The 2026 Financial Times Masters in Management Ranking places MiM in 59th place among the world's best'. Accreditation: 'accredited by the Agency for Assessment and Accreditation of Higher Education (A3ES)'. Double degree with EM Normandie: 'To obtain both EM's and ISEG's Master's degrees, your full first year of graduate studies (60 ECTS) will be completed at ISEG and your remaining graduate studies (60 ECTS) will be completed at EM', 'To be admitted to this partner university, you need one of these official scores in English: IELTS 6.0, TOEIC 790 or TOEFL 83. You must have an academic average of 14/20, from the 1st semester of the 1st academic year, of the MiM.', and its own fee table 'Within the European Union EUR 5,800 EUR 7,800 EUR 2,000 EUR 15,600 / Outside the European Union EUR 7,300 EUR 7,800 EUR 2,500 EUR 17,600'. NEGATIVE RECORDED 2026-09-11: the words GMAT and GRE do not appear anywhere on this page, and no admissions test of any kind is named. NO absolute salary figure, NO enrolled class size (only the numerus clausus cap) and NO application deadline appears on this page iseg.ulisboa.pt ↗ — ISEG Lisbon School of Economics and Management (retrieved Sept 2026)
  2. ISEG — 'ISEG's Master's in Management Makes Its Debut in the Financial Times Ranking', the school's own news item dated 07-09-2026, read 2026-09-11. Verbatim: 'The Masters in Management (MiM) of ISEG - Lisbon School of Economics & Management enters, for the first time, the ranking Masters in Management from the Financial Times, directly reaching the 59th in the world.'; 'it is one of the leading international rankings of master's programs in management, which, in this edition, ranks 100 programs from schools in different regions of the world'; 'One of the most notable achievements of ISEG's Master's in Management program is its 8th place worldwide ranking in the career progression indicator. This indicator assesses graduates' progress in terms of professional responsibility and the size of the organizations where they work, comparing their current situation with the career path they have followed since completing the master's program.' The listed results: 'Employability: 100% of the graduates were employed within three months of completing the program, with a response rate of 96%'; 'Salary progression: an average increase of 48% compared to the salary earned upon completion of the master's degree'; 'Value for money: 31st in the world'; 'ESG Education and Carbon Neutrality: 17th in the world'; 'The School's Carbon Footprint: 16th in the world'; 'Internationalization: 73% of the program's students are international'; 'Overall satisfaction: a rating of 8.88 on a scale of 0 to 10.' Also 'The inclusion of the Master's in Management complements the ranking of ISEG's Master's in Finance, which, in 2026, ranked 33rd worldwide among the 70 programs evaluated' and 'The 2026 edition of the ranking Masters in Management It includes five Portuguese schools'. Dean quoted: 'Mario Caldeira, Dean of ISEG'. BOUNDARY STATED 2026-09-11: every FT figure on this profile is ISEG's own statement of its FT result. The Financial Times table itself was not read — it sits behind a paywall this site does not cross — so no figure here is attributed to the FT directly. NO absolute salary is given in the article; the 48% is a change, not a level. The article's own text contains one oddity left unquoted in the profile: it writes 'the CWUR ranking Masters in Management from the Financial Times', apparently a translation artefact, since CWUR and the FT are different publishers iseg.ulisboa.pt ↗ — ISEG Lisbon School of Economics and Management (retrieved Sept 2026)
  3. ISEG Academic Services — 'Master's degree applications', read 2026-09-11 (HTTP 200, 13 KB; carries the per-programme phase table, which appears on no other ISEG page). Verbatim: 'Applications for Master's degrees are made exclusively online through the ISEG website'; 'The application fee is 50 euros per course.'; 'Application Calendar 2026/2027: Phases Applications Ranking* Registration / 1st phase December 2nd to February 2nd until February 16th 10 days in a row after approval of candidacy / 2nd phase February 3rd to 31st March until April 13th 10 days in a row after approval of candidacy / 3rd phase 1st April to May 18th until June 1st 10 days in a row after approval of candidacy / 4th phase** June 2nd to 22nd until July 1st 5 days in a row after approval of candidacy'; 'Applications that have not been accepted or rejected may be carried over to the next phase, provided there are available spots stipulated by the respective coordination for each phase and as long as they meet the required conditions. In the 4th phase, carry-over does not apply, as it will be the final application phase.' The per-programme table under 'Masters in English' reads '1st PHASE 2nd phase 3RD PHASE 4th phase' with 'Management Here Here Here N/A' — and the same 'N/A' in the fourth column for Actuarial Science, Finance, Industrial Management, Operations and Sustainability, and Mathematical Finance, against 'Here' in all four columns for Accounting, Applied Econometrics and Forecasting, Data Analytics for Business, Economics, Innovation and Research for Sustainability, Management Information Systems and Monetary and Financial Economics. Visa advice: 'International students (from outside Europe) are not recommended to apply in the 3rd phase due to the time it takes to obtain a visa.' English evidence: 'Certificate of knowledge of English or Portuguese (Minimum level: B2, TOEFL 70, IELTS 6.5) for applicants to courses taught in English or Portuguese (except national, Palop and Brazilian applicants).' with the footnote 'This document is not compulsory, but it is the applicant's responsibility to have a minimum knowledge of the language in which the course is taught (minimum level B2), except for the master's degree in International Development and Cooperation'. Registration: 'Payment of the first installment (700.00EUR for students within the EU and 1400.00EUR for students outside the EU) is made at the registration (deductible from the total amount of the 1st Year). This payment guarantees occupancy of the place and must be paid in full by the deadline.' and 'Withdrawal from registration does not exempt you from the payment referred to in the previous point, unless communicated by the deadline for payment.' Also 'Graduating students must complete their degree by the end of September (of the academic year in which they are applying)'; 'If you are accepted onto the Master's program, you will have until October 15th to send in your certificate'; 'Note: For GDPR reasons, after publication, notices are only available for a period of 3 months.' STALENESS RECORDED 2026-09-11: the same page still instructs that original international diplomas must be presented 'no later than 15/10/2024', and the calendar it displays is labelled 2026/2027 — the cycle that fed the September 2026 intake. No 2027/2028 calendar was posted on the day this was read, which is why this profile publishes no dated rounds iseg.ulisboa.pt ↗ — ISEG Lisbon School of Economics and Management (retrieved Sept 2026)
  4. ISEG — 'Scholarships & Awards', read 2026-09-11, to establish what an incoming international master's applicant can actually apply for. FINDING: almost nothing. The merit scholarships are bachelor-scoped — 'Fundacao Economicas' awards 'Scholarships for the 10 students with the best ISEG application grade' to 'the best students entering ISEG's degree courses'; 'Santander Futuro Merit Scholarships' and 'ISEG Merit Scholarships by Career Partners' are both 'awarded to 1st Year Bachelors students in Economics, Management, and Finance, with an average grade of 17.5 or more, who chose ISEG as their first option'. The largest award is nationality-scoped: 'Luis Patrao Scholarships — Turismo de Portugal awards 10 scholarships to students about to start an ISEG postgraduate, Masters, or MBA. The overall budget for these grants is EUR 500,000. This programme is for Portuguese students up to the age of 35 who graduated with an average grade of 14 or above. As well as subsidising tuition fees, these scholarships cover the cost of living, in Portugal or abroad, up to a maximum of EUR 60,000 per student.' Several EY awards read 'Best Portuguese student'. The tuition-covering prize that names this programme is alumni-scoped: 'Otelinda and Carlos Silveira Merit Scholarship — This prize corresponds to the value of the tuition fees for the best students who studied for their Bachelors at ISEG and went on to study for a Masters at ISEG: > Scholarship for the best student of the ISEG Masters in Management.' The one MiM-naming award with neither a nationality nor an alumni condition is 'Explorer Investments — Award of a merit prize to a 1st year student of ISEG's Masters in Finance, Economics, Monetary and Financial Economics and Management (MiM), who demonstrates special characteristics of initiative, motivation and commitment, in the 2025/2026 academic year.' NEGATIVE RECORDED 2026-09-11: no entry scholarship for an incoming international master's student appears anywhere on this page. State-side support is signposted only as 'UL Social Action Services (SAS)' reimbursement, which this profile did not follow through to its eligibility rules and therefore does not describe iseg.ulisboa.pt ↗ — ISEG Lisbon School of Economics and Management (retrieved Sept 2026)
  5. ISEG — 'About' and 'History', both read 2026-09-11, for the school-level claims on this profile. Verbatim: 'Officially founded in 1911, ISEG's history goes back to the Aula do Comercio (Commerce Class), created in 1759, by order of the Marquis of Pombal'; 'ISEG is the first Portuguese economics and management school and part of the biggest and more acknowledged university in the country, the Universidade de Lisboa'; 'ISEG is part of Universidade de Lisboa, the largest and most prestigious university in Portugal and one of Europe's leading universities, with a community of over 50,000 students'; 'More than a century leading education in economics and management in Portugal'; 'In the top 1% of the best economics and management schools worldwide with EQUIS, AACS and AMBA accreditations' (the 'AACS' spelling is ISEG's own; the site-wide footer block on every page reads 'World Ranked Triple Accredited:' above EQUIS, AACSB and AMBA logos with the alt text 'Equis Accredited', 'AACSB Accredited', 'AMBA Accredited'). This profile therefore attributes the triple-crown claim to ISEG's own site rather than to the three accrediting bodies' registers, which were not read iseg.ulisboa.pt ↗ — ISEG Lisbon School of Economics and Management (retrieved Sept 2026)
  6. Poets&Quants — 'Financial Times Master in Management Ranking: St. Gallen Captures Its 15th No. 1', read 2026-09-11. Used for ONE purpose: to corroborate, from a publisher other than the school itself, that the Financial Times Masters in Management 2026 edition exists and when it landed — because a profile that rests an edition claim on the announcement of the one school it flatters is exactly the single-source failure this catalogue keeps auditing out. Verbatim: 'The top spot in the 2026 ranking, released today (September 7)'; St Gallen 1st (1st in 2025), 'Nova School of Business and Economics' 2nd (4th in 2025), 'Shanghai Jiao Tong University: Antai' 3rd (6th in 2025); 'The FT also groups the 100 ranked programs into four tiers based on their composite scores.' ISEG's own 59th placement is NOT corroborated here — this source was not read for ISEG's position, only for the edition and its date. CORPUS CONSEQUENCE RECORDED 2026-09-11: this catalogue's FT positions are keyed to the 2025 edition (226 occurrences of 'Financial Times Masters in Management 2025' across 167 files, and 60 profiles carrying rankingFT), and Nova SBE's recorded 4th is the 2025 position against a 2026 position of 2nd. Nothing was re-keyed in this change — the re-key is filed as its own queue item, because it needs the FT table rather than a secondary report of its top three poetsandquants.com ↗ — Poets&Quants (retrieved Sept 2026)

Applying to ? Your next steps