--- title: MA in Financial Economics in English at Reichman University | Studyil description: Reichman University’s English-taught MA in Financial Economics (MAFE): 14-month full-time or 26-month part-time, London trip, 2026–27 tuition and olim funding. canonical: https://studyil.com/degrees/reichman-university/ma-financial-economics/ last-updated: 2026-11-09 --- # MA in Financial Economics **Reichman University** Herzliya Tiomkin School of Economics & Arison School of Business The short answer An English-taught MA in Financial Economics run jointly by Reichman’s Tiomkin School of Economics and Arison School of Business. It takes 14 months full-time or 26 months part-time, with a thesis option. Tuition for 2026–27 is ₪81,900. Olim under 30 who start within 3 years of aliyah can apply for Student Authority aid. ✓ Olim: Student Authority aid Taught in English Masa: possible, first year Checked against Reichman’s official pages, September 2026 Independent listing At a glance Thesis option **Degree** MA Thesis or final project **Length** 14 months Or 26 months part-time **Language** English Fully taught in English **Schedule** Mon, Thu & Fri Afternoons and Friday mornings **Tuition 2026–27** ₪81,900 Program tuition **Minimum GPA** 80 Quantitative degree Check my eligibility → ✓ **Olim benefit Likely, with conditions** Student Authority aid for olim under 30 who start within 3 years of aliyah. ~ **Government funding Partial** Up to the standard state tuition, through the Student Authority. Reichman costs more, so budget for the difference. ~ **Masa grant Possible, first year** Reichman lists Masa grants for international students aged 18–35, depending on country, age and program. Overview ## What is the MA in Financial Economics? MAFE trains students for roles as economists and analysts at investment firms, hedge funds, VC funds, banks, regulators and public institutions. Its curriculum is reviewed each year with an advisory committee of industry leaders, and it now builds AI tools into its courses. Full-time students study three days a week over six mini-semesters. Reichman notes that the program is affiliated with the CFA Institute. ### ✓ A good fit if you… - Want a career in investment, asset management, banking or financial analysis - Have a quantitative bachelor’s, such as economics, business, engineering or a science - Want the option of a thesis and a research path - Are an oleh or olah under 30 who can start within 3 years of aliyah ###! Think twice if you… - Want a general management degree. See Reichman’s MBAs. - Have no quantitative background and don’t want prerequisite courses. - Have a GPA under 80. Curriculum ## What you’ll study. Required foundations, then electives in four areas, then a final project or thesis. Foundations ### Economics, finance and analytical tools **Economics & finance** Finance I–II, Financial Accounting I–II, Investments, Options & Futures Markets, Central Bank Policy (the Fed, ECB and Bank of Israel) **Analytical tools** Econometrics I–II, Mathematics for Financial Economists, Introduction to R Electives ### Choose your focus Electives across financial markets, corporate finance, fintech and banking, such as: Active Portfolio Management Advanced Bond Markets Valuation Topics in Corporate Finance Fintech Data Science for Finance Crypto & DeFi Risk Management International Finance Final stage ### Final project or thesis Everyone submits a final project or a thesis. Thesis students take five electives instead of seven. **London study trip** Part of the practicum elective, with visits to firms such as Goldman Sachs, Bank of America and BlackRock. **Exchange in Europe** The program may offer a fall exchange at Bocconi University and other European programs. **Internships** May be available toward the end of the program. **Merit scholarships** Available for outstanding students. Olim funding ## Can olim get funding for this master’s? Often, yes. The Student Authority of the Ministry of Aliyah and Integration supports olim studying for a master’s who are under 30 (in some cases 35) and start within 3 years of aliyah. Check your situation below. I am… My age when studies start 26 Months since aliyah (excluding army or national service) 10 ✓ ### Likely eligible for Student Authority aid You’re under 30 with 26 months left to start. The grant covers up to the standard state tuition, so expect to pay the rest of Reichman’s fee. See my full breakdown → **10 November** First Student Authority application, online **1 October** Renewal each following year **Under 30** MA age limit (in some cases 35), within 3 years of aliyah A guide, not a ruling. The program must be recognized by the Student Authority. The 3-year window doesn’t count regular army service, national service or Masa programs. If you get any grant, tell Reichman’s tuition office so it can revise your payment plan. *i* **Not an oleh? Look at Masa.** Reichman lists Masa grants for international students aged 18–35. They depend on your country, age and program and cover the first year only. You apply after you’re accepted, do 30 hours of volunteering, can’t hold a work visa while funded, and the grant stops if you make aliyah and start receiving government aid. Costs ## What it costs in 2026–27. Reichman’s published graduate fees for 2026–27. All sums are subject to change. **Program tuition** 2026–27. ₪81,900 **Down payment** Due within two weeks of your acceptance letter. Counts toward tuition. ₪9,900 **Payment plan** Pay in full by the start of classes, or monthly from November 2026. Instalments add interest and fees. Monthly **Health insurance** Optional, for foreign students, per academic year. ₪4,970 **Student Union fee** Optional, one-time. ₪250 **Reichman alumni** Graduates of Reichman’s undergraduate programs get a discount on total tuition. 10% off *!* **Olim, read this before budgeting.** The Student Authority pays up to the standard state tuition, which Nefesh B’Nefesh currently lists as ₪16,239 a year for up to two years (₪32,478 in total) for a master’s. For a one-year MA it pays up to ₪32,478, half during the year and half after you graduate. At universities it reimburses you after you submit proof of payment. Reichman’s fee is well above that, so plan for the difference and get figures in writing before you pay the deposit. Admissions ## How to get in. *✓* **Quantitative bachelor’s degree** Economics, business, accounting, engineering or an exact science. Prerequisite courses may be required. *✓* **Minimum GPA** 80. Reichman says strong candidates from other backgrounds are considered case by case. *✓* **Apply online** Through Reichman’s online application form for MA and MBA programs. Confirm deadlines and start dates with admissions. - **Check your fit** See your olim eligibility and this program’s numbers on Studyil. - **Apply to Reichman** Through the online form for graduate programs. - **File with the Student Authority** Olim: online by 10 November of your first year. - **Reserve your place** Pay the ₪9,900 down payment within two weeks of acceptance. FAQ ## Questions about this program. ### ### How long is the MA in Financial Economics at Reichman? It takes 14 months (or 26 months part-time). ### ### Is it taught in English? Yes. It’s one of the programs of Reichman’s Raphael Recanati International School, which teaches in English. ### ### How much does it cost? Tuition for 2026–27 is ₪81,900 for the program, with a ₪9,900 down payment that counts toward it. Graduates of Reichman’s undergraduate programs get 10% off. ### ### Can new olim get Student Authority aid for this master’s? Olim under 30 who start a master’s within 3 years of aliyah can apply (in some cases up to 35). The first application is due online by 10 November and renewals by 1 October each year. The grant covers up to the standard state tuition, so at Reichman you’ll pay the difference. ### ### Can international students get a Masa grant? Reichman lists Masa grants for international students aged 18–35. The amount depends on your country, age and program, it covers the first year only, and you can apply only after you’re accepted. ### ### What are the admission requirements? Quantitative bachelor’s degree: economics, business, accounting, engineering or an exact science. Prerequisite courses may be required. Minimum GPA: 80. Reichman says strong candidates from other backgrounds are considered case by case. ### ### Can I study part-time? Yes. The full-time program takes 14 months; the part-time option takes 26 months, with classes twice a week. ### ### Do I need an economics degree? You need a quantitative bachelor’s, such as economics, business, accounting, engineering or an exact science. Short micro- and macroeconomics foundation courses cover students who didn’t study economics. Compare ## Other English-taught programs at Reichman. Master’s ### MA in Behavioral Economics ₪68,800 total · 16 months *Read the guide →* MBA ### Global MBA ₪105,000 total · 18 months *Read the guide →* MBA ### One-Year MBA ₪105,000 total · 12 months *Read the guide →* Bachelor’s ### Business Administration & Economics BA $20,900 a year · 3 years *Read the guide →* [See all 19 English programs at Reichman →](https://studyil.com/degrees/reichman-university/) ### Sources - [Reichman University: official program page](https://www.runi.ac.il/en/schools/rris/graduate/ma-financial-economics/) - [Reichman University: graduate tuition fees and terms of payment, 2026–27](https://www.runi.ac.il/media/fdsigeun/tuition-regulations-graduate-degrees-2026-27.pdf) - [Reichman University: graduate programs brochure, 2026–27](https://www.runi.ac.il/media/3b3oapum/mini-ma_2026_web.pdf) - [Reichman University: aliyah and olim information](https://www.runi.ac.il/en/schools/rris/resources-services/olim-information/) - [Reichman University: Masa grants](https://www.runi.ac.il/en/schools/rris/admissions/undergraduate-admissions/financial-aid-and-scholarships/masa) - [Nefesh B’Nefesh: Student Authority tuition benefits](https://www.nbn.org.il/life-in-israel/government-services/rights-and-benefits/student-authority-tuition-benefits/) Got it ### You’re all set. One of our advisors will be in touch shortly. Nothing to wait for in the meantime — here is your breakdown. A guide, not a ruling. Confirm the figures with the institution before you pay. Free, with no obligation to apply Your olim funding checked for this program You choose who contacts you [Or view the official program page ↗](https://www.runi.ac.il/en/schools/rris/graduate/ma-financial-economics/) ## Not sure it’s the right program? Answer three questions and we’ll match you with English-taught options across Israel, with your olim funding on each. [Get matched →](https://studyil.com/#match) --- Source: https://studyil.com/degrees/reichman-university/ma-financial-economics/ · Published by Studyil. Cite as "Studyil" with a link to the page.