FAQ

Q: How will the applications be processed and admission decisions reached?

A: As indicated in our application procedure, we ask you to provide a detailed CV, two reference letters, a Statement of Purpose (in English) not exceeding 300 words, along with other necessary documents. On the basis of this background information we will make a first round selection for a thorough interview. The final evaluation will be based on all available information, including the interview.

Q: Do I need to prove my proficiency in English?

A: Boğaziçi University English proficiency requirements apply for our program. For detailed information, please see the webpage: http://www.boun.edu.tr/graduate/organization/admission_grad.html. Official test scores have to be submitted before the official registration deadline set by Boğaziçi University. For this year's YADYOK exam please refer to https://yadyok.boun.edu.tr/

Q: Is there an MA Thesis requirement?

A: No. There is a project requirement.

Q: What prerequisite knowledge is expected to attend the program?

A: A knowledge of calculus at the intermediate level is highly recommended. There will be a refresher course in mathematics before the Fall semester (please check the admissions calendar for the dates). A candidate is required to pass either the waiver exam before the refresher course, or the exam after the course, to be able to gain full admission to the program. There is no extra fee for the refresher course.

Q: How about work experience?

A: Although our program is mainly designed for those who currently work (“executives”), and therefore most applicants will naturally have work experience, we welcome new graduates as well. 

Q: How about the class size?

A: The classes will not exceed 40 students.

Q: How long will it take me to complete the program?

A: The curriculum is designed to be completed in one full year, divided into three terms: Fall-Spring-Summer (see the program).

Q: What are the academic rules that I have to follow?

A: All academic rules of Boğaziçi University apply to our program as well. For information: http://ogrenciler.boun.edu.tr/Home/Content/rulesandregulations

Q: How much does the program cost?

A: Please contact us for next year’s tuition.

Q: What degree is granted upon completion of the program? MA? MS? MBA?

A: Master of Arts (MA) in Economics and Finance.

Q: How does this Economics and Finance program compare to mathematical or computational finance master programs or master programs in financial engineering?

A: Unlike mathematical or computational finance master programs, we teach both economics and finance. Complemented with a set of well-chosen case studies, the program  gives students a solid foundation in the principles of corporate finance, portfolio selection theory, risk analysis, microeconomics and open-macro economics. Quantitative techniques, like financial econometrics, are explored both at theoretical and at applied levels. Our philosophy is to cover the intersection and the interaction between fields of economics and finance.

Q: Can I take undergraduate courses while enrolled at ECONFIN?

A: No, you can take only the courses that ECONFIN Program offers.

Q: Is it possible to transfer courses taken at other universities?

A: No, it is not possible.

Q: Do we need to obtain certification of equivalence from YÖK (Higher Education Council) for degrees taken outside Turkey?

A: Yes.

Q: Are we going to be eligible for a Boğaziçi University student ID?

A: Yes.

Q: Do you discriminate based on university previously attended in admission decisions?

A: No. We consider the totality of the information in your CV.

Q: Is there an English preperatory class?

A: No.

Q: Can the graduates of Open University (Açık Öğretim Fakültesi) apply to your programme?

A: Yes.

Q: Is it possible to transfer from another university or program to ECONFIN?

A: No.

Q: Will the program follow the academic calendar of Bogazici University?

A: Yes. The Boğaziçi University academic calendar is available at: https://academiccalendar.boun.edu.tr/

Q: What if I have more questions?

A: Please e-mail us at econfin@boun.edu.tr or call us on Tuesdays, Wednesdays and Thursdays at: (212) 359-69-09

Q: When will the interviews be held and when will admission decisions be announced?

A: Please check the admissions calendar for the necessary dates.