MSc Impact Finance & FinTech Mgmt.

1. Why should you pursue a MSc Impact Finance & Fintech Management from ESDES Business School, France ?

Here are some compelling reasons why students should pursue MSc in Impact Finance & Fintech Management at ESDES:

• ESDES Business School is in a collaboration with CFA to prepare students who aspire to take the certificate in ESG Investing.
• Experts provide firsthand insights into the competencies and knowledge required, enabling students to acquire practical skills applicable to real-world scenarios.
• The program introduces an innovative learning experience that aligns with the latest industry trends and advancements, preparing students for the ever-evolving landscape of impact finance and fintech.
• Incorporating a hands-on approach, 60% of the classes are led by industry experts and professionals.
• The program offers students a 4-month internship, ensuring students gain vital professional experience.
• As an added advantage, the program is entirely taught in English.

2. Can international students work to pay for their educational expenses?

International students can work in France up to 964 hours per year, which is equivalent to 60% of the standard working week. This means that you can work up to 20 hours per week during the academic year and full-time during breaks. The minimum wage in France is €10.57 per hour, so you can earn a decent amount of money by working part-time in France. Working in France is a great way to supplement your income and help pay for your education. It is also a great way to experience French culture and make some new friends. If you are considering studying in France, we encourage you to look into the possibility of working part-time while you are there.

3. Will I be supported for TOEFL/IELTS/PTE or other English language exams during this program?

Yes, upGrad will help you prepare for the English proficiency test to establish your current English proficiency to be eligible for the master's program in France.

4. When will I go to ESDES Business School?

ESDES Business School offers two intakes for students coming through the accelerator route. The intakes will be October & December intakes. Though the application process for ESDES Business School will start during the IMT Ghaziabad online program, you will be able to go to ESDES Business School in the nearest intake which is at least 6 months away from completion of your IMT Ghaziabad program.

5. When will I get an Offer Letter from ESDES Business School?

upGrad will apply for you to ESDES Business School once all the documents are provided by you (as given in the offer letter issued to you by upGrad). Apart from the documents mentioned in the offer letter of ESDES Business School, you will have to give proof of English proficiency for application of admission in ESDES Business School. upGrad will support you to get your English proficiency scores within 3 months of the start of the batch to accelerate this process.

1. How do I know if the program is right for me?

• A solid academic foundation is advantageous, offering a head start in the MSc Impact Finance & Fintech Management program.
• The curriculum is tailored for those with ambitions spanning various career paths, including roles like financial analyst, private equity investor, financial consultant, and compliance officer.
• Through its forward-thinking approach to education, the program acquaints students with groundbreaking learning encounters that harmonize with the most recent shifts and progressions within the industry. This equips them to confidently navigate the constantly evolving terrain of impact finance and fintech.

2. Is there any minimum educational qualification required to take this program?

To be eligible for the program, the following criteria need to be fulfilled:
For IMT Ghaziabad:

• A minimum of 55% marks in Bachelor’s degree is required with at least one course at undergraduate level in Fundamentals of Finance.

For ESDES Business School:

• An aggregate score of 50% and above in the Advanced General Management Program by IMT Ghaziabad with a minimum of 50% marks in each course.
• English Proficiency Requirements are B2 level in English: TOEFL >= 72 or IELTS score >= 5.5.
• English language waiver granted for learners with an undergraduate medium of instruction in English.

3. Is work experience required for this course?

A relevant professional work experience is recommended but not mandatory.

4. What is the application process for the program ?

You can start the application process by submitting the application.

• Class 12th transcripts
• Official Undergraduate degree transcript, semester marksheets and certificate
• Copies of passport
• Statement of Purpose
• Two letters of recommendation (Academic/Professional)
• Resume
• Proof of English Proficiency (TOEFL iBT, IELTS, PTE, etc.) / Medium of Instruction

5. What is the selection process for this program?

There are 4 simple steps in the Admission Process which is detailed as.
Step 1- Complete Application -Complete your application and submit the required details. The Admissions Committee will then review your application - which include your work experience & educational background.
Step 2- Apply for the Scholarship- Submit your Statement of Purpose to join an IMTG program.
Step 3- Get Shortlisted & Receive the Offer Letter- Upon qualifying, an Offer Letter will be sent to you confirming your admission to the course.
Step 4- Block your Seat - Block your seat with an initial payment of INR 25,000 to enroll into the Program. Begin your leadership journey.

1. What is the time commitment expected for the program?

At least 12-15 hours per week of time commitment is expected to be able to complete this program.

2. How will my doubts/questions be addressed in an online program?

Peer-to-peer discussion forum where you can post your queries and your peers/faculty/teaching assistants answer your queries within a day. Regular Q&A sessions with faculty to get clarification on conceptual doubts.

No cost CC EMI FAQ's

0% EMI with Finance partners /Credit card option availability will vary program wise.

1. Which banks allow using 0% Credit card EMI or Credit card EMI?
No cost EMI is available on credit cards from all major banks (American Express, Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Standard Chartered, Axis Bank, Yes Bank, State Bank of India, CITIBANK and HSBC)

2. Is there any minimum transaction limit ?
Yes. 50000 is the minimum.

3. Standard Chartered Bank offers 18 or 24 months No Cost EMI ?
No. ONLY 12 months is available irrespective of the Program enrolled.

4. Will I have to pay any extra amount for EMI transaction?
If you are availing 0% credit card EMI, upGrad will not charge any processing fees or down payment for these transactions. Your bank may levy GST or other taxes on the interest component of the EMI.

5. Are there any fees or down payment?
Certain banks charge nominal processing fees between INR 99 - 500 on 0% Credit Card EMI transaction. If charged, will be billed in the first repayment installment.

6. Can I use my International credit card for 0% credit EMI or Credit Card EMI?
Only the Indian bank credit cards can be used. But you can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions, this will be purely between you and your bank.

7. Are there any charges in case I opt for cancellation/refund from the course after paying balance with no cost EMI ?
Yes, there will be additional charges to the extent of interest paid by the upGrad to the bank, you will be refunded only Principal amount, i.e. the amount actually deducted/blocked from your card. This deduction will be in addition to the amount mentioned in the refund policy shared with your offer letter.

8. Can I Pay Using Multiple Credit Cards ?
Multiple cards can be used to complete the payments using Part payment option make sure to inform the learner, minimum transaction is INR 50000 to opt for 0% CC EMI E.g. Amount to be paid: 150000. I can pay using 2 Credit cards. Yes, Example :
HDFC Card – Part payment – INR 100000
ICICI Card – Part payment – INR 50000

9. How can I opt for Credit card EMI if my bank is not listed in the 0% Credit card EMI or Credit card EMI?
You can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions.

10. Why is the entire amount blocked on my credit card?
Initially your bank will block the entire amount from your available purchase limit and from your next billing cycle, you will be charged the EMI amount. As you start paying your EMI, your credit limit will be released accordingly. For example, if you have made a payment of ₹100000 on 6-months EMI and your credit limit is ₹200,000 then initially your bank will block your credit limit by ₹100000. After payment of your first month EMI of Rs.15000, the blocked amount will come down to ₹85000.

11. Why is interest getting charged on No Cost EMI?
Your bank will charge you interest. However, this interest charge has been provided to you as an upfront discount at the time of your payment, effectively giving you the benefit of a No cost EMI. The total amount paid during the entire EMI tenure to the bank will be equal to the amount to be paid to upGrad.

Eg. Amount payable to upGrad: INR 405000
Let's say Amount deducted at the time of transaction: INR 379850 (Principal amount) Bank charges interest of 12-15% per annum on INR 379850
[Note: Interest factor is reducing rate and not Flat rate]
EMI AMOUNT = INR 33750 x 12 = INR 405000
Effectively, you have taken loan on 379,850 instead of 405,000