Nova prices the International Master's in Finance by citizenship and by route, and the enrolment fee is the part most easily missed. Tuition for 2026/27 is €13,250 for EU/EEA students and €14,450 for non-EU/EEA students, with an optional €249 donation on top that Nova states is optional. Adding an exchange semester extends the programme to two years and adds €3,300. Separately and non-refundably, the enrolment fee is €1,250 for EU/EEA and €2,450 for non-EU/EEA — so a non-EU student on the exchange route is looking at roughly €20,200 before living costs. Nova also lists €36.50 in administrative costs and insurance, €50 for the Master's certificate and €120 for the diploma. All figures read on Nova's own fees page on 9 September 2026, and Nova says they are subject to annual review.
Tuition for the Nova School of Business and Economics International Master's in Finance is €13,250 EU/EEA · €14,450 non-EU/EEA for 2026/27, plus a €1,250 or €2,450 enrolment fee for the 3 semesters (2 years) program.
| Total tuition | €13,250 EU/EEA · €14,450 non-EU/EEA for 2026/27, plus a €1,250 or €2,450 enrolment fee |
|---|---|
| Tuition (numeric) | €13,250 |
| Program length | 3 semesters (2 years) |
Tuition figures are the published rate for the 2026–27 cycle and exclude living costs, travel, and optional exchange fees. Scholarships and need-based aid can materially reduce the net cost — see the FAQs below.
Frequently asked questions
How is the Nova SBE International Master's in Finance different from the International Master's in Management?
Is the GMAT required for the Nova SBE International Master's in Finance?
How much does the Nova SBE International Master's in Finance cost?
How long is the Nova SBE International Master's in Finance?
What are the employment outcomes for the Nova SBE International Master's in Finance?
Sources
- Nova SBE — International Master's in Finance, overview (read 2026-09-09: 72 students enrolled in academic year 2025/2026, 78% international; '100 % of our graduates are working within six months of graduating, and 72 % have an international career'; compulsory internationalisation via international internship, double degree, exchange or CEMS MIM; merit and social-mobility scholarships and a Nova SBE Women in Finance Scholarship. No duration, fee, entry requirement, ranking or salary is stated on this page.) ↗ — Nova School of Business and Economics
- Nova SBE — International Master's in Finance, programme structure (read 2026-09-09: 3 semesters across 2 years, extendable to 4; 90 ECTS minimum to graduate — 21 mandatory, 2 career programme, minimum 35 elective, 2 skills modules, 30 thesis/Work Project; compulsory internationalisation as an 8-week international internship outside Portugal and the home country OR an exchange semester; optional areas of expertise in Corporate Finance and Financial Markets; graduation language requirement of English C1.) ↗ — Nova School of Business and Economics
- Nova SBE — International Master's in Finance, fees (read 2026-09-09, academic year 2026/2027: EU/EEA €13,250 and non-EU/EEA €14,450 base tuition, plus an optional €249 donation; exchange-semester route adds €3,300 and extends to 2 years; non-refundable enrolment fee €1,250 EU/EEA or €2,450 non-EU/EEA; administrative costs and insurance €36.50; Master's certificate €50; diploma €120. Nova states figures are subject to annual review.) ↗ — Nova School of Business and Economics
- Nova SBE — master's eligibility criteria (read 2026-09-09: English B2 required at application for master's generally, but C1 or mother tongue for the IMF and IMM; motivation video required for IMF/IMM candidates; minimum 12 cumulative weeks of work experience or internships, volunteering excluded; target 0–2 years professional experience, average cohort age 23–24; degree must be from an accredited or recognised school. NO GMAT or GRE requirement is named and no minimum score is published. The page read 'Applications are closed' on this date and published no dated rounds.) ↗ — Nova School of Business and Economics