MS in Business: Finance

Admissions

Please note that the acceptance process will begin with the first application deadline date and continue until the cohort reaches its maximum limit as determined by the Smith School of Business.

The MSBF program only admits students during the fall semester. 

The following are required to be considered for admission into the program:

• The equivalent of a US bachelor's degree with sufficient mathematical background.
• The Graduate Record Examination® (GRE®) or the Graduate Management Admissions Test® (GMAT®). At least one official score must be submitted.
• A completed online application form that includes a written essay articulating your qualifications and motivation for pursuing advanced education.
• Application fee of $75.
• Two official transcripts from all undergraduate and graduate institutions that you have previously attended. Transcripts should be mailed directly to the MBA/MS admissions office at the following address: University of Maryland, MBA/MS Admissions, 2308 Van Munching Hall, College Park, MD 20742.
• Two letters of recommendation from supervisors within your organization or from professors familiar with your work.
• Admissions interview, if required. After initial screening, the Admissions Office may select candidates for interviews which may be done in person or by telephone. The Admissions Office will contact you to schedule an interview time.
• Proof of English language proficiency (TOEFL or IELTS official scores). Those who have received an undergraduate or graduate degree from one of the countries listed here are waived of this requirement.
• For any international student needing an F1 visa, a completed certification of finance form and supporting financial documentation. The certification of finance form is located here and also in the online application. The certification of finance form should be mailed directly to the MBA/MS admissions office at the following address: University of Maryland, MBA/MS Admissions, 2308 Van Munching Hall, College Park, MD 20742. Please do not mail the certification of finance form to the address listed on the actual form as this may delay processing of your application.

Institutional Codes

• TOEFL - 5814
• GRE - 5814
• GMAT - SQT - N8 - 48 

Admitted Student Profile

The admissions committee carefully considers every component of the application file. Previous academic performance, substantive letters of recommendation, clear career goals, and strong standardized test scores are among the criteria considered. A competitive applicant will possess the following:

• GMAT score in the mid 600's or higher
• GRE scores in the 75th percentile or higher on each section
• Undergraduate grade point average of 3.3 and higher (of a 4.0 scale)
• TOEFL score of at least 100 (must meet minimum requirements for unconditional admission as stated by the university)

We also highly value diversity in the finance program. Women make up approximately 50% of the class that started in fall 2010. International students come from Africa, Asia, Europe, and North America.

Tuition Information

The tuition is approximately $45,000 for the Washington, D.C., location. Tuition rate in College Park is dependent on your residency status in the state of Maryland. If you qualify for in-state tuition rates, your cost will be approximately $45,000. If you qualify for out-of-state tuition rates, your cost will be approximately $55,000. This amount does not include books and additional course materials that are required to attend class. This tuition figure is based on fall 2011 costs and will change for the fall 2012 term.

We look forward to reviewing your application package. 

Information for International Students