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Admission Criteria

Admission to the Master’s in Finance program is competitive and is based on the applicant’s overall record. Meeting the minimum standards does not guarantee admission.

Although all of the minimum standards must normally be met, the applicant’s overall record will be considered, including letters of recommendation, statement of objectives, work experience, extra-curricular activities and test scores.

  • Applicants should have a four-year undergraduate degree from a recognized educational institution, with a cumulative grade-point average of 3.0 or higher.
  • Have at least two years of full-time work experience after earning the bachelor’s degree. This condition can be waived for exceptional candidates.
  • Working knowledge of personal computing, including at minimum the use of Internet, word processing, and spreadsheets.
  • Students should complete equivalents of MTH 124: Survey of Calculus I and STT 315: Introductory Probability and Statistics for Business.


Application Deadlines

Application for admission to the M.S. in Finance program may be submitted at any time; however, deadlines for complete applications are as follows:

  • First round deadline: February 1. Decision will be communicated by February 21.
  • Second round deadline: March 1. Decision will be communicated by March 20.

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Please use Major Code: 6016, Major: Finance

Application Requirements

Applicants should apply electronically. Since our application is strictly online, we cannot accept applications sent to the department. However, if you are recommended for admission, we will request official documentation such as college transcripts, financial proof, and GMAT and TOEFL scores. We will notify you if this is the case.

Application fee of $50 is due at the time of application submission.


The online application requires scanned transcripts and degree certificates. Please note that the applications will be handled through secure online channels, ensuring that the privacy of the information is fully maintained.

Students recommended for admission will be required to submit original or certified transcripts and degree certificates.

Letters of Recommendation

Two letters of recommendation are required. It is desirable that at least one letter be written by a faculty member from whom the applicant took a course, or for whom the applicant served as research assistant. Applicant should arrange for the letters to be sent to the following address:

MSF Admissions
Department of Finance
Eppley Center
667 N Shaw Ln Rm 315
East Lansing, MI 48824

GMAT/GRE Test Score

GMAT score (minimum of 600, school code QH0-5P-69) or GRE score (minimum of 310 verbal and quantitative) is required. The GMAT/GRE score must be fewer than five (5) years old. A GMAT/GRE waiver may be requested by applicants at the time of application.

Current Michigan State University undergraduate students with good academic status are eligible to waive the GMAT/GRE.

English Proficiency Test Score

International students: English proficiency test scores are required (school code 1465, departmental code 4102), with the following minimums:

  • 7 IELTS band score
  • 600 TOEFL paper score
  • 250 TOEFL computer score
  • 100 TOEFL internet score

Students with lower scores or without score may be admitted on a provisional basis, in accordance with applicable university rules and regulations.