EMBA in Financial Services and Insurance

University of St. Gallen EMBA FSI

Program Description

EMBA in Financial Services and Insurance

University of St. Gallen EMBA FSI

EMBA in Financial Services and Insurance

An International Executive MBA, for you?

The MBA in Financial Services and Insurance (MBA-FSI) is an executive MBA programme, designed for high potentials working in the financial services industry. Organised by three top business schools with excellent reputations in the field of management of financial institutions, the MBA-FSI delivers unique insights into the three subsectors of the financial services industry (banking, insurance, investment). Its modular setup with international modules spread over a period of 18 months, allows for a convenient combination of working and studying in a truly international environment, delivering an unmatched added value for a financial services executive!

Why take an Executive MBA in Financial Services and Insurance?

The MBA in Financial Services and Insurance (MBA-FSI) is an international, executive MBA programme, designed for participants with high potential to achieve top executive functions in financial services firms. No other established programme at an executive MBA level can claim to address the banking, as well as the (re)insurance, and the investment industry from an international and holistic perspective. The MBA-FSI provides a tremendous added value for you, as a financial services professional, because of its:

Innovative programme, focusing on topics with high strategic value

We deal with the latest developments in management and apply them to the financial services industry. Besides this, we also tackle topics specific to the industry such as the impact of new regulations in banking and insurance and the impact of the financial crisis.

Unique pooling of excellence, available throughout the world

This programme is the result of a long-term collaboration between three universities with an excellent reputation in the management of financial services firms – each with their own area of expertise, complemented by renowned academic and business specialists from around the world.

Truly international profile in all its aspects

Participants, course locations, core faculty and guest speakers all have an international dimension, which guarantees a broadening of your personal horizon.

Modern learning approach

We provide an optimal mixture between teaching of theoretical frameworks, case studies, guest speakers, company visits, business simulations and practical projects and assignments. On top of that, our courses are entirely ran on iPad. This means that no more paper and binders need to be carried along. Digital delivery of course materials enables participants to carry all their course materials with them to have them available when they need them. Finally the iPad delivery also enables extra and richer interactivity, both in class and afterwards.

Combination of learning and working

The MBA-FSI covers a period of 22 months (including graduation), in which two-week residential modules of classes, group work, etc. are followed by self-study periods during which assignments (e.g. literature, case-preparation, thesis, etc.) have to be completed while you continue working. In this way, the theory learned is applied immediately into your own working environment.

Programme Approach

During the programme, general management knowledge and skills are combined with in-depth insights into the business economics of the financial sector. In order to achieve this goal, each module is structured on the basis of two perspectives.

Academic Perspective

The academic perspective offers participants the necessary frameworks and tools to tackle the challenges of a modern organisation. In each module participants acquire a firm understanding of relevant management skills in different domains, including strategic management, marketing, human resources and organizational behaviour, accounting and finance, operations and technology, corporate governance, risk management and other issues.

Business Perspective

Secondly, the MBA-FSI provides participants with insights into the financial services industry. The focus is on the different sub-sectors of the financial services sector: banking, insurance and investment. We discuss the main trends taking place in the different industries and translate the academic and theoretical frameworks to the financial services industry.

Taking these two perspectives into account, this programme provides high potentials with the necessary training to pursue a successful career in today’s fast changing financial services sector.


During the six residential modules of the programme, participants acquire a firm understanding of the most recent developments in the different management disciplines. At the same time, participants learn to apply the management frameworks to their own financial institution. It’s this application of general concepts to the financial services industry that sets the MBA-FSI apart from general MBA programmes.

Module 1 - Ghent/Brussels (Belgium)

Date: 26 October - 7 November 2014

  • Getting plugged in
  • Understanding the economic context
  • Crafting the right strategy
  • Creating value in the insurance industry
  • Self-awareness: You as a leader

Module 2 - Öhningen/St. Gallen/Zurich (Switzerland-Germany)

Date: 22 February - 6 March 2015

  • Creating and communicating customer value
  • Reaching out to the customer
  • Managing financial services in a digital world

Module 3 - London (United Kingdom)

Date: 24 May - 5 June 2015

  • Winning through employees
  • Being a responsible leader
  • Understanding global financial systems and financial instruments
  • Creating value in asset management
  • How to create value with finance related decisions?

Module 4 - Beijing/Shanghai (China)

Date: 13 - 25 September 2015

  • Managing risk from a holistic perspective
  • Creating value with financial and risk management
  • Managing a bank
  • Managing in a cross-cultural environment

Module 5 - Singapore

Date: 10 - 22 January 2016

  • Exploiting the full potential of IT - How to achieve process excellence?
  • Managing and assessing the performance of the organisation

Module 6 - Boston/New York (US)

Date: 24 April - 6 May 2016

  • Being an ethical and sustainable financial institution
  • Building an agile organisation
  • Challenging the status quo


  • Graduation of MBA FSI


We have specific admission criteria for the MBA-FSI. As its international character and focus on the integration of banking, insurance, and investment are the unique features of this programme, the MBA-FSI programme management strives to maximise the geographical and professional spread of participants. This adds to the learning experience of the participants and it is something we regard as a critical element in selection procedures.

Our highly selective admissions process is designed to build a diverse and ambitious group. Applications are processed on a rolling basis. As the number of places in the MBA-FSI group is limited, we strongly recommend applying as early as possible!

3 Steps to admission:

1. Check your eligibility:

To be accepted as a participant in the MBA-FSI programme, you must:

  • hold an academic degree (at least 3 years normal study duration, minimum 180 ECTS credits) from an academic institution recognised by the relevant authorities of the institution's home country.
  • have an outstanding professional history with at least 8 years of full-time, business-related working experience since graduation.
  • have relevant management experience in the area of financial services.
  • have a mature personality.
  • be identified as a ‘high potential’ within your organisation.

Not sure about your eligibility? Contact us!

2. Send in your MBA-FSI application package

The application package includes:

  • application from
  • current CV
  • recommendation letter in which your company explicitly supports your candidature and identifies you as a 'high potential'
  • a solid academic record at university level, proven by a copy of the university diploma and transcripts.

3. Take the MBA-FSI admissions interview

During this face-to face, or remote (via Skype, phone,etc..) interview, we assess your personality, professional and managerial experience, English language skills and motivation.

Upon successful completion of the admissions process, the final decisions regarding acceptance are made jointly by the MBA-FSI admissions board with representatives from the organising partners.

The application deadline for applying for the next edition of MBA-FSI is 30 September 2014.

Tuition Fee

The tuition fee for the next edition of the MBA-FSI (2014-2016) amounts to €48.000. This tuition fee includes the teaching fees, fees for classrooms, and course materials. Catering, travelling, and lodging costs are not included in this fee. The average cost for catering and lodging is €3.000 per module.

This tuition fee includes

  • Teaching fees
  • Fees for classrooms
  • Course material

Additional Costs

You will have to take additional costs into account when taking this MBA:

  • Catering
  • Accommodation
  • Travel Expenses

The average cost for catering and lodging is €3.000 per module. The payment of the tuition fee is required one month before the start of the programme

This school offers programs in:
  • English

Last updated November 29, 2016
Duration & Price
This course is Campus based
Start Date
Start date
Nov. 2017
22 months
Full time
48,000 EUR
Belgium - Ghent
Start date: Nov. 2017
Application deadline Request Info
End date Request Info
Canada - Toronto, Ontario
Start date: Nov. 2017
Application deadline Request Info
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Switzerland - St.Gallen
Start date: Nov. 2017
Application deadline Request Info
End date Request Info
Nov. 2017
Switzerland - St.Gallen
Application deadline Request Info
End date Request Info
Belgium - Ghent
Application deadline Request Info
End date Request Info
Canada - Toronto, Ontario
Application deadline Request Info
End date Request Info
tuition fee