1.1 Brief Introduction

The QTEM Quantitative Techniques for Economics and Management Masters Network was founded in 2012 and funded by the Bernheim Foundation. It has grown into a master's degree association with 19 of the world's top business schools. By bringing together outstanding Students, Academic Institutions, and International Corporations, QTEM aims at developing skills in analytical and quantitative techniques for decision making in an international context. QTEM academic partners will select graduate students and allow them to study in two different countries in the academic partners and work in multinational companies. In addition to obtaining the master's degree from the academic partners, students participating in the program can obtain a QTEM degree certificate at the same time after completing a certain amount of quantitative technical analysis courses and completing a certain period of internship. Tuition fees are exempt during overseas study. The program not only provides students with diverse and in-depth international cross-cultural communication skills, but also helps students broaden their horizons and develop students' diverse professional skills in the era of big data.

1.2 Academic Partners

IFAS became a member of QTEM in November 2016. Currently, QTEM have 24 academic partners including MONASH University, Université Libre de Bruxelles, HEC Montréal, Harbin Institute of Technology, Zhejiang University, Xiamen University, EDHEC Business School, Université Paris Dauphine, Goethe-Universität Frankfurt am Main, Technische Universität München, Hanken School of Economics, Politecnico di Milano, LUISS Guido Carli University, WASEDA University, ESCA Ecole de Management, Universiteit van Amsterdam, Tilburg University, BI Norwegian Business School, Universidade do Porto, National Research University Higher School of Economics, Pompeu Fabra University, Université de Lausanne, University of Exeter, WARWICK University.


1.3 Corporate Partners

QTEM not only provides exchange opportunities for top foreign business schools, but also provides internship opportunities for famous multinational companies. Our Corporate Partners play a key role in the professional development of our students. As well as being connected to a prestigious global network, Corporate Partners have access to highly talented students and young professionals. Currently, our Corporate Partners include Deloitt, Equinor, EY, The Frankfurt Institute For Risk Management And Regulation ,Mckinsey & Company, Millennium Bcp, Optiver, Ortec, Santander Bank, SAS, SIA,Solvay, Volkswagen Group Italia.


2.Selection of QTEM students

2.1 Applicants

The applicants must be the master student of IFAS or the school of management.The QTEM student must enroll in one of the local Masters giving access to QTEM,henceforth called the QTEM Home Master. Every acceptance in the QTEM Masters Network is conditional on the student’s admission to one of the QTEM Home Masters.

2.2 GMAT/GRE score requirements

Applicants must provide GMAT transcripts for the last three years. If his/her GMAT score is no less than 650, the student meets the common acceptance pre-requisite for QTEM. If his/her GMAT score is less than 650 but no less than 600, the student can be considered for QTEM if exceptional profile (to be assessed by the local Academic Partner).Each Academic Partner is allowed to select each year up to 3 students with a GMAT score below 600.

2.3 Other requirements (assessed by the local Academic Partner)

       QTEM students are selected by each Academic Partner based on:

  • Academic excellence (must have)

  • English proficiency (must have)

  • Quantitative proficiency (must have)

  • International experience (plus)

  • Professional/extra-academic experience (plus)


During the exchange ,QTEM students can take one or more of the following five professional modules (each professional module is subdivided into 2-6 different professional directions).

Module 1 Applied Economics and Public Policy

  • Micro-Economics, Contract and Auction Theory

  • Policy-Making, Regulation and Pricing

  • Public Finance and Tax

  • Macro-Economic Models and Forecasting, Development Economics

Module 2 Innovation and Strategy

  • Entrepreneurship and Innovation

  • Strategy and Industrial Organization

Module 3 Finance and Risk Management

  • Controlling and Accounting

  • Finance-Actuarial Science

  • Finance-Banking and Management of Financial Institutions

  • Finance-Corporate Finance

  • Finance-Financial Markets and Derivatives

  • Risk Management

Module 4 Marketing and Supply Chain

  • Marketing and Sales

  • Supply Chain, Operation and Logistics Management

Module 5 Business Intelligence and Big Data

  • Quantitative Techniques and Tools

  • Business Intelligence

4. QTEM Track

QTEM tracks

New structure


International   semesters

# previous international semesters


# QTEM exchange

1 or 2

Professional   internship

Short-term internship

1 (min 240 hours)

Long-term internship abroad

Quantitative skills

Quantitative Master’s course credits

Min. 50% of the Master's program overall

And min. 22 ECTS on average per exchange

# QTEM Modules

Min. 1

Minimum GMAT score

650    + 3 exceptions allowed



(2 online courses + global group work)

All QTEM students follow one QTEM academic tracks.

5. Graduation requirements

QTEM students must meet the following requirements to graduate.

5.1 Quantitative courses

1)All QTEM students are required to complete at least one Module (= 20 ECTS credits) during exchange. All QTEM students should successfully complete a given amount of quantitative courses during their QTEM Master's program:

      2) a minimum of 22 QTEM credits of quantitative courses on average per QTEM exchange should be successfully completed,and a minimum of 50% of the credits of the Master's program overall should consist of successfully completed quantitative courses.

5.2 International Experience

All QTEM students should complete international experiences of minimum one (academic) semester each in at least two different countries.

5.3 Internship Experience

The QTEM internship must fulfill the following requirements:

      1)Covers a period of minimum 240 working hours(1.5 months)

      2Each QTEM student is responsible for finding his/her own QTEM internship and for completing the online    "QTEM Paperless Internship Manager"

5.4 QTEM Data Challenge

All QTEM students should successfully complete the QTEM Data Challenge. The expected workload amounts to around 150 hours .The QTEM Data Challenge consists of, sequentially:
      Two online preparatory courses

      The global group work (including a final report)

QTEM Data Challenge can be done in parallel with the exchange and during the same or different semesters. So courses and global group work will be offered each semester.

5.5 Master's degree requirements from the home institution.

In addition to meeting the above four requirements, you must also obtain a master's degree from the home institution in order to obtain a QTEM certificate.

You can check the completion of all aspects of the project on the QTEM website.


1)Graduation time: September 30 or January 31 of the following year.

2)Each academic partner can send up to 20 students per semester, and maximum 7 students to another Partner


The information on this website is for reference only. If there is any inconsistency, please refer to the QTEM official website information: www.qtem.org