Last updated: 9 September 2020
The INSEAD Executive Master in Finance programme is designed to prepare the next generation of leaders that will drive the finance industry into the future. Applicants must either take the GMAT, the GMAC Executive Assessment (EA) or the GRE – all of which provide a uniform and standardised way of evaluating candidates’ aptitude to cope with the intensity and breadth of the programme.
The GMAT measures four broad skill areas: quantitative reasoning, verbal reasoning, integrated reasoning, and analytical writing.
You need to be proficient in certain grammar, algebra, geometry and arithmetic concepts in order to do well in the test.
The EA measures business skills and programme readiness through three broad skill areas: integrated reasoning, verbal and quantitative reasoning.
You will use English language and math skills to demonstrate your knowledge.
The GRE General Test measures your verbal reasoning, quantitative reasoning, critical thinking and analytical writing skills — skills that have been developed over a long period of time and are not related to a specific field of study but are important for all.
Test Duration and Format
Consists of a 3.5-hour standardised computer adaptive test. Questions are released one at a time, depending on your answer to the previous question. You will not be able to skip, return to, or change your answers to questions.
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Consists of a 1.5-hour standardised computer adaptive test. Groups of questions are selected for you depending on your answer to the previous question.
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Consists of a 3.75-hour computer-delivered or 3.5-hour paper-delivered test. The GRE is the only admissions test that lets you skip questions within a section, go back and change answers, and have control to tackle the questions within a section you want to answer first.
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Tests are held year-round in centres around the world. You can book your test date and location online at each of the test websites below.
Before sitting the actual test, you should practise in a mock testing environment, inclusive of time constraints. There are many resources as well as third-party preparation centres available to familiarise yourself with the format and practise. Click on the links below to find out more.
The GMAT, EA and GRE scores are valid for five years and can be used to apply to other business schools. Applicants with scores that are more than five years old will be considered on a case-by-case basis.
You can take the GMAT exam once every 16 calendar days and no more than five times in a 12-month period, and no more than eight times in total. Please consult the GMAT website for more information on exam policies.
You have two attempts for EA. Please refer to the GMAC-EA website for more information on policies and procedures.
You can take the GRE exam once every 21 calendar days and no more than five times in a 12-month period. There is no limit to the number of attempts to take the GRE. Please refer to the GRE website for more information on policies.
Cost in 2020
INSEAD EMFin Application Process
You must submit your test score together with your EMFin application, or within four weeks after submitting your application.
After the initial application pre-selection (which includes evaluation of your test score), successful applicants are invited to a face-to-face admissions interview with an alum organised locally.