FAQ 2018-01-30T10:01:48+00:00

Frequently Asked Questions

Application

Eligible applicants must hold one of the following:
– a master’s degree (four or five years of study)
– a post-graduate degree
– a bachelor’s degree followed by one to three years of work experience (maximum)
– another degree equivalent to the above (please consult us for more information)
In addition, a fluent level in English level is required and professional experience should not exceed 3 years.
There is no background required for the Innovation and Marketing Advanced Masters. However a strong background in Maths is required for the Advanced Master in Quantitative Finance and basics in Finance and Economics for the Advanced Master in Financial Markets.
The mandatory documents are:

  • your CV
  • a copy of your highest degree
  • a copy of all your academic grades obtained since the end of high school
  • For non-English-native speakers: a scan of a recent English-language test result (IELTS, TOEFL, TOEIC or Cambridge ESOL) or proof of proficiency in English (certificate of completion of studies given in English for eg.)

In addition, you can add up to 2 recommendation letters and a GMAT or GRE test results.

Non-EU students: May 31st 2018.
EU students: July 15th 2018.

Non EU-citizens must be aware that student visa procedures may take up to 3 months, and therefore check the timing and conditions of their nearest Belgian Embassy before considering applying after the deadline above.

Additionally, non-EU applicants must take into consideration that getting a student visa for Belgium implies the obligation to prove their sufficient and regular means of subsistence (631 EUR net/month in 2016-2017) or their sponsor’s. If they can’t, Solvay can support them if the applicant transfers the requested amount covering 12 months on a school deposit account (which will be redistributed on a monthly basis to the student as soon as a Belgian bank account has been created). For more information visit this link or contact the nearest Belgian embassy.

Applications are processed on a rolling basis. Since the number of seats in class is limited, candidates are encouraged to apply as early as possible.

Once your application is received, it is reviewed by the staff and the Academic Director.
If the review of your application is positive (meaning admission criteria are met), an interview (at Solvay or via Skype) will be organised with the Academic Director within 2 weeks. The result will be communicated within 5 working days. From the date of receipt of your admission letter, you will then have two weeks to confirm your registration by paying a 2000€ deposit and signing the admission documents.
A proof that you have followed and completed some studies in English or one of the following test results:

  • TOEFL: paper-based 550, computer-based 213, internet-based 79-80
  • IELTS: min. score of 6.5
  • Cambridge First Certificate (FCE): pass at grade C or above
  • Cambridge Certificate of Advanced English (CAE): pass at grade C or above
Yes, we can arrange it on Skype, or alternatively by phone is your Internet connection is not stable.

Sure, in this case, send us your latest degree (Bachelor’s normaly) and all grades obtained up to your application.
We will ask you to provide us with your Master’s degree as soon as completed.

No special preparation is required. The interview is mainly a general conversation with the Academic Director about your motivations, your past academic and professional experiences, for about 30 minutes. Its purpose is to check that you match the programme’s requirements, and also that the programme matches your expectations in terms of content and job opportunities.
Additionally, depending on the Advanced Master, the Academic Director may ask you some questions to verify your knowledge and interest for the related field.

Fee

The tuition fee includes access to the courses and all mandatory course material.
  • Regarding the Advanced Master in Innovation & Entrepreneurship:
    Merit-Based Scholarships: Candidates applying before May 31st 2018 can run for the following merit-based tuition fee waivers:
    1st place: EUR 3000
    2nd Place: EUR 2000
    3rd Place: EUR 1000
    Applicants who wish to apply must write an essay of 2000 words max in one of the following topics:

    • If you were a non-profit organization that funds social innovations, how would you assess social ventures proposals?
    • Describe how Artificial Intelligence would change the working environment in 10 years from now.

    The reductions will be given out on a first-come, first-served basis. Therefore, early applications are encouraged.

  • Regarding the Advanced Masters in Financial Markets, Quantitative Finance, Creativity & Marketing, Innovation & Strategic Management:

    Financial aid may be granted in exceptional circumstances to applicants (EU or non-EU) in particularly difficult financial situation (need) or with noticeable academic and/or professional excelence (merit), starting from 5% up to, in some particular cases, 50% discount on the program fees.

    Decision on whether the scholarship is granted to the student or not comes from our Academic Committee after acceptation in the program and after evaluation of essays/assignments that the student is asked to deliver as well as after the interview.

  • Regarding the Advanced Master in Political Economy:

    Merit-Based Mobility Scholarships for EU students:
    EU candidates applying before ​April 16th​,​ 2018 can ​apply for ​one of two 2 ​mobility ​scholarships​, worth​ 10.000$ each.
    Decision on whether the scholarship is granted to the student or not comes from our Academic Committee after ​being ​admitted into the program.
    These scholarships will be ​awarded by a jury who will base their decision on (1) your application essay, (2) your academic record and (3) on the date of your application. Therefore, early applications are encouraged.
Unfortunately not. However Solvay has a special deal with the BNP Paribas bank proposing you a special loan rate of
4,90% to finance your Advanced Master.
Example for a loan of 15.000€:
Amount to be borrowed: 15.000€
Term: 12 months
Monthly Payment: 1.282,69€
Total to be repaid: 15.392,28€

For more info, contact BNP Paribas Ixelles University Branch located Chaussée de Boondael 466 – 1050 Ixelles
Tel: +32 2 643 35 80

Yes, for the Advanced Master in Innovation & Entrepreneurship, early-Bird discounts, amounting to €1.000, will be recognized to candidates who will send their applications by January 31st, 2018 (valid only for registrations confirmed within 2 weeks from receipt of the admission documents).

For the Advanced Masters in Financial Markets, Quantitative Finance, Creativity & Marketing, Innovation & Strategic Management, early-Bird discounts, amounting to €1.000, will be recognized to candidates who will send their applications by April 16th, 2018 (valid only for registrations confirmed within 2 weeks from receipt of the admission documents).

For the Advanced Master in Political Economy there is no Early-bird discount.

Programme structure

The year is organised around 5 terms of 7 weeks each. Only term 0 (the first two introductory weeks of the year) lasts 2 weeks.
Each term is usually focused on to 4 to 5 subjects. The 5 first weeks are dedicated to the classes, and the 2 last weeks to exams and/or final presentations.

All Advanced Masters are full-time programmes and represent about 20 hours of class per week.
In Financial Markets, these classes take place everyday from Monday to Friday 6-9pm and most Saturdays 10am-1pm.
In all other Advanced Masters, the schedule is more varied and tends to have no regular pattern from a week to another; but overall, most classes take place between Monday and Friday, 9am-12pm and/or 2pm-5pm.
There is an exception for the Advanced Master in Quantitative Finance that shares a term with Financial Markets and therefore has some courses in the evening.

Usual Belgian days-offs, Christmas and Easter holidays.
Most exams take place on weeks 6 and 7 of each term. So all in all there are exams every 7 weeks.

Only the Advanced Master in Financial Markets is compatible with a full-time job as classes are given in the evening as off 6pm and on Saturdays. It is demanding but feasible.

For all other Advanced Masters, a part-time student job may be compatible if your work schedule is flexible as the class schedule doesn’t have a regular pattern from a week to another.

No, the only intake is in September.
No, it’s not required. It is though an option if you are interested in writing one instead of the internship (Quantitative Finance and Financial Markets only).

Career and jobs

Over the year, additionally to the Career Advancement course mandatory in each Advanced Master, you can benefit from personal coaching delivered by our HR expert who will help you define your career plan, prepare for interviews, improve your CV and Linkedin profile…

Also, you benefit from all Solvay Recruitment Events and job fairs, welcoming the most important Belgian companies.

Finally, many opportunities are given to you to network as the School hosts many Alumni events (and Solvay has over 20,000 of them!) and top notch conferences.

The 2 Advanced Masters in Finance reach 90% of job placement 3 months after graduation; this rate is 80% for Innovation and Marketing.

Yes: 95% of the students find the internship through the School’network and partners, to which CV books are sent.

Miscellanous

An Advanced Master is a postgraduate degree.
The difference with a master’s programme (120ECTS, 2 years) is that our programme covers 60 ECTS in one year so it confers you an Advanced Master degree, not a Master’s degree in the Bologna (EU education treaty) sense of the term.
It is though recognised by EQUIS, the ULB (Université Libre de Bruxelles, our University, the most important public one in Belgium) and signed by the Dean.

In practice, it means that (unless you already have a Master’s degree), in Europe, some government or international institutional positions requiring a regular Master’s degree may not be accessible to you.
That’s the only difference. It’s a postgraduate programme, which litterally means a programme that should come after a Master’s degree.

In addition, “Advanced” refers to the practical skills and perspective given in our courses, in opposition to the theoritical aspect of a traditional Master’s degree.

Services and student life

Unfortunately not, as University residences are reserved in priority for undergraduate students. However, we will send you plenty of tips to find an accommodation in Brussels.

Estimation of a student’s monthly budget in Brussels:

Accommodation (bills included) 450-650 €
Food 200 €
Public Transportation 50 €
Health insurance for non-EU citizens 30€
Telecommunications 50€
Miscellaneous: Parties 70€

TOTAL around 850-1050 € a month.

As part of the Université libre de Bruxelles hosting nearly 24,000 students every year, Solvay Brussels School is located in one of the biggest campuses in Belgium. It offers numerous facilities and events accessible to all Advanced Masters students: sports halls, libraries, medical services, language classes, a bank, press and book stores, restaurants, concerts, conferences and many other cultural events throughout the year.

Our campus is located in the lively neighbourhood of Ixelles, just a few steps away from one of the biggest parks of Brussels: the Bois de la Cambre.

Contact details

  • advancedmaster@solvay.edu
  • 0032 2 650 3915
  • Avenue Franklin Roosevelt 42, 1050 Brussels


⚑ Join our upcoming information evening on March 27th!


MORE INFO & REGISTRATIONS

Upcoming events

< 2018 >
February
  • 20

    12:00 -17:00
    20-02-2018-21-02-2018
    ULB Solbosch, Avenue Adolphe Buyl, Ixelles, Belgium
    We will be happy to welcome you to our stand during the Solvay Career Days which will take place in our university (ULB) on Tuesday 20 and Wednesday 21 February, 2018!       
    Click here for more infoThe most important event of the Campus Recruitment that might be determinant for a student's future is here : the Solvay Career Days !Are you a BA3 or a MA student looking for new opportunities? Don’t miss this incredible chance to meet representatives from more than 50 companies during 2 days ! They will be there to promote their latest internship and job opportunities.Solvay Advanced Masters will be there too.Please find more information on facebook.We are looking forward to meeting you in person!
              
  • 20

    14:00 -19:00
    20-02-2018
    Familie van Rysselberghedreef 2, 9000 Gent, Belgium
    We will be happy to welcome you to our stand during the VEK Career Day which will take place in Ghent (ICC) on Tuesday February 20, 2018! 
    Click here for more infoThe Career Day is VEK Recruitment’s flagship.Last year they welcomed over 90 participating companies and more than 1200 students at their job fair. This highlights the importance of the Career Day event and it is the recruitment event of the year that students as well as companies should attend!The main target group of the event are all students of the University of Ghent with interests in economics or an economics inspired career.More information on VEK's website: vek.be/nl/carriere/1231/career-dayWe are looking forward to meeting you in person!
        
  • 28

    09:00 -17:00
    28-02-2018
    Avenue Jeanne 44, Brussels, Belgium
    We will be happy to welcome you to our stand during the ULB Sciences JobDay which will take place in our university (ULB) on Wednesday February 28, 2018!   
    Click here for more infoThe Jobday-Sciences is an annual one-day meeting for students in Brussels and companies, organized by the Cercle des Sciences and the Faculties of Sciences of ULB and VUB.This event is a unique opportunity to discover each other. In fact, companies will have the opportunity to provide informations about their activities to all students of Master and PhD in Sciences, Pharmacy and Bioengineering Sciences from ULB and VUB.On the other hand, students will have the possibility of gathering informations in different professional sectors, in order to get, we hope, a professional interview.Also as the previous editions, the 3rd and 4th year students will be at the rendezvous, looking for an internship or informations about future prospects.Solvay Advanced Masters will be there too.For more information, please click here: jobday-sciences.be/jobdayWe are looking forward to meeting you in person!
          

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