The $5 Trillion Question – Why Doesn’t Luxembourg Have a Finance School?

# Is McGill About to Steal Luxembourg’s Financial Thunder? Why a Canadian Ivy Is Setting Up Shop in the Grand Duchy Luxembourg has the money, the funds, and the location. But for years, it has lacked one crucial ingredient for a world-class financial hub: a top-tier business school focused on finance. Enter McGill University. From August 2026, the prestigious Canadian institution is launching its Master of Management in Finance (MMF) in Luxembourg, targeting the very professionals who keep the country’s economy humming. It’s a move that fills a gap, raises the bar, and asks a provocative question: why hasn’t this happened sooner? McGill About to Steal Luxembourg’s Financial Thunder and Canadian Ivy Is Setting Up Shop in the Grand Duchy Patrick Augustin, the man leading McGill’s charge into Luxembourg, puts it bluntly: “There is a need for executive education in finance here.” And he’s right. Luxembourg is a financial colossus—Europe’s top fund domiciliation center and the second-largest in the world. But walk through its business district, and you’ll find plenty of general management programs. Specialized, high-level finance training for working professionals? A ghost town. McGill isn’t coming to compete with existing institutions. It’s coming to fill a void so obvious, [...]

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