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Saturday, January 22, 2011

Master Scholarship in Economics and Finance - CEMFI

Overview

THE MASTER IN ECONOMICS AND FINANCE AT CEMFI is a 2-year full-time program intended to prepare students for a wide range of careers in the public and the private sectors. It also serves as the first two years of the PhD in Economics at CEMFI. This flexibility is very attractive to many students that initially are not sure whether they would like to follow a professional or an academic track. The program is taught in English.

The distinctive feature of the program is the combination of an orientation towards applied and policy issues with a strong emphasis on analytical and quantitative approaches to these issues. This requires a solid understanding of the relevant economic, econometric, and computational techniques. The faculty teaching the courses are all active researchers at the frontier of their area of expertise. About 25 students are enrolled each year, which allows for close interaction with CEMFI’s faculty.

The Master in Economics and Finance at CEMFI is an official degree granted by Universidad Internacional Menéndez Pelayo (UIMP) according to the regulations of the Spanish Ministerio de Educación.


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, 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

The Fundación Carolina, in cooperation with the Fundación BBVA, has endowed four scholarships for Latin American students of the Master. The scholarships amount to EUR 1,200 per month for housing and subsistence, over 19 months, plus 2 additional months for those students who participate in a Summer internship program. The scholarships cover the cost of a roundtrip tourist-class ticket from the student's country of residence and medical insurance (excluding prescriptions). They also cover the Master's tuition.

Requirements

Applicants must have finished or be about to finish an undergraduate university degree. Final admission will be subject to having obtained the degree by September 2011. A good knowledge of English is required, since the Master is taught in this language.

Application

The application form should be filled out electronically. Applicants are recommended to read carefully the guidelines before proceeding.

Once filled out, the online application form should be submitted, including files for:

- Official transcript of grades obtained in undergraduate studies.
- Official transcript of grades obtained in graduate studies (if applicable).
- Proof of knowledge of English language.
- GRE scores.
- Any other documents.

Only files in PDF format may be uploaded. Each file should not be larger than 2 Mb.

Note: Applicants admitted to the Master will be asked to provide the corresponding original documents.

Reference letters

In addition, two reference letters must be received by CEMFI, written by professors who have followed closely the applicant's studies. Upon submission of the online application, recommenders will receive an email message allowing them to submit their letters online. Applicants will receive confirmation of receipt of their reference letters.

Deadlines

These documents must reach CEMFI by 4 April 2011.

Need help? Please write to admissions@cemfi.es.

Selection process

A committee will be in charge of the admission process. The committee will take into account undergraduate grades, letters of reference, GRE results, knowledge of English, and any other information supplied by the candidate.

Applications arriving by 4 February 2011 will be considered for a first round of decisions. Further decisions may be made on a rolling basis thereafter.
Candidates within short-haul travel distance from Madrid may be asked to take an admission test on 29 April 2011 and have a personal interview on 30 April 2011. The test will be in English.

The final round of decisions will be made no later than 6 May 2011. Early application is strongly encouraged.

Timeline

Application period: 27 October 2010 to 5 April 2011.

Decisions period: 4 February 2011 to 6 May 2011.

http://www.cemfi.es/studies/master/admission.asp?lang=en


Please kindly mention Scholarization.blogspot.com when applying for this scholarship


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Scholarship Team: Ph.D Scholar Krisstofferson Joniel Scholarship Adviser, PhD Scholar Vitom Chea Scholarship Adviser, PhD Scholar Rebecca T. Dalisay Scholarship Adviser, Ph.D Student Jiao Wang Scholarship Coordinator, MSc Student Dennise Maricel Scholarship Coordinator
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Scholarship Team: Ph.D Scholar Krisstofferson Joniel Scholarship Adviser, PhD Scholar Chea Vitom Scholarship Adviser and Senior Lecturer, PhD Scholar Rebecca T. Dalisay Scholarship Adviser, Ph.D Student Jiao Wang Scholarship Coordinator, MSc Student Dennise Maricel Scholarship Coordinator