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Admission Criteria

Admission to the Master’s in Financial Planning and Wealth Management 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 be normally met, the applicant’s overall record is considered when making admission decisions.

The program accepts qualified applicants whose undergraduate degree is not in business or finance.

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Academic credentials

The minimum standards for admission to the program are:

  • A bachelor’s degree from a recognized educational institution.
  • A cumulative grade-point average of at least 3.0 from all institutions attended.
  • Completion of the following prerequisite courses (or their equivalents at MSU or at another institution):
    • An introduction to accounting (ACC 230 at MSU)
    • Probability and statistics (STT 200)

Application Requirements

Applicants must submit the following items:

  • A completed application.
  • A one-time, nonrefundable $100 application fee and transcript fee.
  • Official bachelor’s degree-bearing transcript. Transcripts from Michigan State are not required.
  • Current resume detailing professional academic credentials, work experience, extracurricular activities, honors and awards.
  • Three letters of recommendations.  One letter must be from a faculty member in your major.  Applicants will be required to provide complete contact information for those you have selected to recommend you.
  • Two personal statements of career goals and relevant information:
    • Professional/Academic Background – Please tell us about your background, both professional and academic, and how these experiences have prepared you for a graduate program in financial planning. (Maximum 750 words or 2 pages.)
    • Professional Goals – Why do you wish to be a financial planner and how does this program fit into this plan? (Maximum 750 words or 2 pages.)

Application Deadline

Applications for admission 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 15. Decision will be communicated by March 30.

Please user Major Code: 6016, Major: Finance