Admission to the MBF programme
The MBF Master's degree course is administered by the MBF Admissions Committee which assesses each applicant based on specific criteria and by using a point-scale system.
Overview of criteria
Criteria and corresponding maximum points
|GMAT or GRE test
|Grade average at Bachelor's Level
In addition, the following criterion must be met, irrespective of the scale:
- Proof of proficiency in English
- Curriculum Vitae
Documents must be submitted in duplicate. The deadline for all internal and external applications is April 30. All application materials must be completed and submitted to the Admission's Office by this date.
Please note: Students can begin their studies only in the Autumn semester.
In general, applicants holding a Bachelor's degree in Business Administration or Economics (same or a similar major) or a Master's degree are eligible to apply to the programme. Admission therefore depends on your university degree as well.
B. GMAT or GRE
Your score must be from a test taken within the last five years. A GMAT score of 680 meets the standard minimum criterion for eligibility for admission to the Master's Programme in Banking and Finance. The standard minimum criterion for the GRE or GRE Revised Test is 760 points or 160 points in the quantitative section respectively. A higher score increases your chances of being admitted to the programme.Test scores (GMAT and GRE) are only accepted if every section of the test has been completed.
The GMAT (Graduate Management Admission Test) measures active English language, quantitative and writing skills (essays). The GMAT code is: 5RK-QG-07. Please enter this code on your answer sheets when you sit for the examination or enter the code on the Score Report Request Forms (for tests taken in the past). Please note that we do not accept GMAT Score Reports without a completed Analytical Writing Assessment.
The GRE (Graduate Record Examination) General Test measures verbal reasoning, quantitative reasoning, critical thinking and analytical writing skills that are not related to any specific field of study. The GRE code 7202, department code 1801. Please enter this code on your answer sheets when you sit for the examination or enter the code on the Score Report Request Forms (for tests taken in the past).
MBF Admission Rules: Grading Scale for the GRE Revised Test, «quantitative reasoning» section:
160-162 shall be awarded 35 points
163-165 shall be awarded 40 points
166-168 shall be awarded 45 points
169-170 shall be awarded 50 points
C. Bachelor grade average
The grade average for courses equivalent to the supplementary course work on the Bachelor level and specified for the MBF Master's programme, is applicable.
D. Letter of motivation
Applicants have to submit a three page statement describing the reasons for their interest in participating in the MBF Master programme, their extracurricular activities, international orientation and work experience where applicable. The letter of motivation must be written in English and demonstrate a high level of verbal eloquence.
E. Curriculum Vitae
The CV must be submitted using the format provided in the MS Word template found in the "Downloads" section to the right. Applicants must provide supporting documentation for all items listed on their CV which are to be considered for admission. If this documentation is not provided, the criteria will not be assessed.
F. Extracurricular activities
These are activities in which students are involved in outside the realm of the normal curriculum of school or university education. For the purpose of assessing admission qualifications, demanding internships – paid or unpaid – as well as other full-time and part-time work experience from the beginning of the Bachelor's level may be considered as such activities as well. In addition, applicants who have completed an international exchange semester during their Bachelor studies can submit a transcript from the exchange university for consideration by the MBF Admissions Committee. Please note that proof of any extracurricular activities, internships and jobs is required in order for it to be taken into account during the evaluation process.
G. English proficiency
Students whose native tongue is not English and who apply for a Master's course taught in English must provide evidence of proficiency in English at the C1 (CEF) level. Examinations by TOEFL (minimum score for written: 600 points; computer-based: 250 points; Internet-based: 100 points) and IELTS (minimum score: 7.0 points, academic version) will be recognized. TOEFL scores must be reported directly by the Educational Testing Service (ETS) and score reports must have reached the University of St.Gallen by the application deadline. The MBF TOEFL code is 8480 (no department code is needed). Applicants do not have to provide evidence of Proficiency Level I if they have been awarded their Bachelor's degree in a Bachelor's programme that was taught entirely in English or if they passed the English Level I examination at the University of St.Gallen.
Admission decisions are made on the basis of the complete application dossiers. Final decisions will be processed through June.