Master [120] in Management

Louvain School of Management (LSM), the business school of UCLouvain, has its Master [120] in Management ranked 74th worldwide in the Financial Times Masters in Management 2025.¹ ⁵ Based in Louvain-la-Neuve and taught largely in English, the two-year degree reports an FT weighted three-year salary of about US$89,576 — among the higher figures in its tier — at a public-university fee.¹

Overview

UCLouvain is Belgium’s largest French-speaking university, and its Louvain School of Management is EQUIS-accredited.⁴ The FT-ranked degree is specifically the Master [120] in Management (programme code GEST2M) at Louvain-la-Neuve — not UCLouvain’s separate Master in Business Engineering.¹ For a wider view of whether the credential fits your goals, see our guide on whether a MiM is worth it in 2026.

Curriculum & Structure

The two-year master’s pairs a management core with a wide choice of majors — spanning international business, finance, marketing, supply chain, people and innovation management — and embeds an internship and international mobility.¹ Much of the programme can be taken in English, and CEMS and double-degree tracks are available.

Application & Deadlines

The programme starts in September, and the date that binds you is decided by your nationality and your diploma, not by the programme. UCLouvain publishes a single university-wide calendar — the LSM programme page states no deadline at all — and it is explicit that “these dates vary according to your nationality and the type of application”.¹ ³ For the 2026-2027 cycle the rows are:³

• 31 March 2026 — a non-EU national who is not resident in Belgium and requires a visa.
• 13 September 2026 — an EU or visa-exempt national with an eligible foreign diploma; also a non-EU national already resident in Belgium who does not require a visa.
• 30 September 2026 — an EU or visa-exempt national whose entry qualification is a Belgian diploma, an IBO or a Schola Europaea.

The gap is the point: the visa route closes almost six months before the others, so an international applicant who reads “deadlines run into September” has misread their own row. UCLouvain names no faculty or programme exception to this calendar, so these are the Master in Management’s dates. Unusually for this group, a GMAT of at least 550 is required for holders of a non-Belgian bachelor’s degree, with exemptions for CEMS and partner-university graduates. See how to build a MiM profile, and map your timing against the rest of the field on our deadline tracker.

Tuition & Funding

As a public Belgian university, UCLouvain charges regulated tuition. For 2026/27 the Wallonia-Brussels Federation reformed its minerval into an income-scaled scale: the standard full fee is about €1,194 a year (roughly €2,388 over the two-year master’s), reduced to about €835, €374 or €0 for lower-income households and recognised grant holders. Students from outside the EEA pay a €4,175 supplement on top of the base — set by ARES Circular No. 2026-001, not by the university — bringing the total to about €5,369 a year.² Re-read at source on 9 September 2026, the 2026-27 amounts are still published as “currently pending approval by the Government of the Wallonia-Brussels Federation”, so treat them as the working figure rather than the settled one.²

Two charges sit outside the minerval, and one of them is payable before you know whether you have a place. A non-EU applicant who is not assimilated to a Belgian student is “asked to pay a €200 application fee after confirming their application online”; if the enrolment is accepted “this fee will be deducted from the enrolment fees”, but “in all other cases, this fee will not be refunded” — so it is the price of applying, not a deposit against the degree.² Separately, UCLouvain states that “in addition to these fees, there are additional costs, particularly for sports membership”, and adds the line worth catching if you are counting on an award: *“students receiving a scholarship are still liable for these costs.”*² Neither figure is large against €5,369, but neither is included in it — and the €200 is the only charge on this page you can pay and get nothing for.

Career Outcomes

The Financial Times 2025 weighted three-year salary is about US$89,576, among the higher figures in this tier, with a 70% three-month employment rate.⁵ The school does not publish its own salary or employment statistics, so the FT figures are the cross-school benchmark. For early-career context, see our career learnings from a MiM.

Campus & Reputation

Louvain-la-Neuve is a compact university town south of Brussels, within easy reach of Belgium’s institutions and corporate base, and LSM’s low public fees, high salary outcomes and EQUIS standing make its Master in Management a strong-value route into Belgian and EU careers.⁴ For how a MiM compares with an MBA, see our piece on MiM versus MBA.