MS in Finance in USA is a specialized master's course for 1-2 years. Masters in Finance in USA earns fame among international candidates interested in finance and related fields like financial analysis, financial strategy etc. Approximately 66 universities offer the best masters in finance programs in USA as per the QS top universities. These universities are concerned to offer guidance to candidates in risk management, corporate finance, capital markets, financial institutions etc. Candidates need a GPA of 3.0-4.0 on a 4.0 scale to apply to top universities in USA for MS in Finance. Masters in Finance in USA for international students demand an IELTS score of 6.5 or above and a TOEFL score of 100 for admission. The tuition fees of top universities in USA for MS in Finance for international students vary from 19,323-87,600 USD (INR 15,93,480-72,24,065). The median annual salary for MSc in Finance USA graduates is 81,000 USD (INR 66,79,519). M.S. in Finance in USA salary is higher with respect to the median annual salary of 41,950 USD (INR 34,49,733) for other professions.

Table of Contents

  1. MS in Finance in USA Highlight Table
  2. Why Study MS in Finance in USA?
  3. MS in Finance in USA Areas of Specialization
    3.1 MS in Finance in USA Vs MS in Business Analytics in USA
  4. Top Universities
  5. MS in Finance in USA Admission Procedure
    5.1 Eligibility Criteria
    5.2 Documents Required
    5.3 Application Fee
    5.4 Admission Deadline
  6. Top Universities Entry Requirements
  7. Cost of Living in USA
  8. Scholarships
  9. Jobs
    9.1 Top Recruiters
  10. Work Permit
  11. ROI for the Top Colleges
  12. FAQs

Masters of Finance in USA Highlights

The table below highlights the overview of the Master of Science in Finance in USA:

Course Name Masters in Finance in the USA
Course Type Full-time
Program Duration 1-2 years
Degree Requirement Bachelor degree in relevant field with 80% marks in UG
GPA 3.0-4.0 on a 4.0 scale
Score Requirements IELTS: 6.5 or above
TOEFL: 100 or above
GMAT: 670-770
GRE: 315-330
Annual Tuition Fees 19,323-87,600 USD (INR 15,93,480-72,24,065)
Annual Salary 81,000 USD (INR 66,79,519)
Top Recruiters Goldman Sachs, Barclays, JP Morgan Chase & Co., Netflix, EY, Morgan Stanley, Deloitte etc.

Why Study MS in Finance in USA?

MS in Finance in USA for Indian students has now become a prominent choice due to many reasons. A list of considerable reasons for studying, travel and stay in USA for MS in Finance curriculum are as follows:

  • The tuition fees for MSc in Finance USA vary from 19,323-87,600 USD (INR 15,93,480-72,24,065). Candidates get a huge return on investment after completing MS in Finance in USA top universities.
  • The financial profession tends to rise by 8% from 2020 to 2030 offering 750,800 new jobs to the aspirants.
  • The size of the market as per the Financial Planning & Advice industry revenue will extend to 57.8 billion.
  • The USA finance sector is expected to rise at 1.4 % in 2023.
  • Candidates can also apply for MS in Finance in USA STEM based degree with high career opportunities.
  • Massachusetts Institute of Technology stands top in Master in Finance US Ranking.

MS in Finance in USA Areas of Specializations

International students can avail for top MS in Finance programs available in USA. The areas of specialization including MS in Finance in USA syllabus includes various aspects of finance. A list of top MS courses in USA regarding MS in Finance are as follows:

  • Asset Management- A management that indicates money investment into financial assets such as mutual funds, bonds and stocks.
  • Corporate Finance- Deals with the way the corporation directs capital structuring, investment decisions and accounting and funding sources.
  • Data Analytics and Fintech- Focused on advanced computing and quantitative skills to examine financial information with the use of technologies.
  • Quantitative Finance- Focused to fulfill the demand for finance professionals to execute analytical techniques for financial decision-making.
  • Liability Modeling- Deals with managing the financial objectives and business through the assessment of liabilities.
  • Security Structuring- A type of financial instrument that is used to develop the financial market by managing risks.
  • Sales and Trading- An activity of the investment bank to facilitate the selling and buying of financial instruments and securities between clients of large institutions.
  • Real-Option Investment Analysis- A sort of choice for the management of the company to change, expand or curtail projects on the basis of changing technological, economic or market demands.
  • Risk Management- Deals with the identification and management of several types of financial risks.

MS in Finance in USA Vs MS in Business Analytics in USA

The table below highlights the comparison between MS in Finance and MS in Business Analytics offered by many private, public, and Ivy league universities in USA:

Parameters MS in Finance in USA MS in Business Analytics in USA
Top Universities Massachusetts Institute of Technology (MIT) | Columbia University | University of California Berkeley | University of California Los Angeles | University of Texas at Austin etc. Massachusetts Institute of Technology | University of California Los Angeles | University of Texas at Austin | University of California San Diego | Purdue University
GPA 3.0-4.0 on a 4.0 scale 3.0-3.6 on a 4.0 scale
ELP Score Requirements IELTS: 6.5 or higher
TOEFL: 100 or higher
IELTS: 7.0 or higher
TOEFL: 79-105
Score Requirements GMAT: 670-770
GRE: 315-330
GMAT: 640-750
GRE: 165 (Verbal and Quant)
Annual Tuition Fees 19,323-87,600 USD (INR 15,93,480-72,24,065) 67,000 USD (INR 55,24,987)
Job Roles Jobs after MS in Finance in USA includes Financial Analyst, Senior Financial Analyst, Finance Manager, Finance Associate etc. MS in Business Analytics are Data Analyst, Business Intelligence (BI) Analyst, Data Scientist, Business Analyst etc.
Average Annual Salary MS Finance Salary in US is 81,000 USD (INR 66,79,519) MS in Business Analytics salary in US is 76,000 USD (INR 62,66,990)
Top Recruiters Goldman Sachs, Barclays, JP Morgan Chase & Co., EY etc American Express, Capital One, AIG, Boeing etc.

Top Universities for MS in Finance in USA

Some US universities with high acceptance rates are also available for MS in Finance program for international students. There are several best universities in USA for MS in Finance for international students. The list of universities in USA for MS in Finance is tabulated below:

Master in Finance US Ranking (QS Rank) MS in Finance in USA Top Universities MS in Finance in USA Fees (Annual)
#1 Massachusetts Institute of Technology (MIT) 87,600 USD (INR 72,24,065)
#22 Columbia University 46,620 USD (INR 38,44,527)
#27 University of California Berkeley 76,610 USD (INR 63,17,658)
#44 University of California Los Angeles 21,319 USD (INR 17,58,075)
#72 University of Texas at Austin 53,000 USD (INR 43,70,655)
#85 University of Illinois Urbana Champaign 65,001 USD (INR 53,60,320)
#88 Georgia Institute of Technology 19,323 USD (INR 15,93,480)
#134 University of Southern California 79,092 USD (INR 65,21,728)
#108 Boston University 35,140 USD (INR 28,97,556)
#281 Georgetown University 56,840 USD (INR 46,86,884)

MS in Finance in USA Admission Procedure

Candidates must log in to the university portal to apply for MS in Finance in USA. It is mandatory for the students to check the MS in Finance in USA requirements and application fees for admission. The procedure of admission to US universities for Finance program are as follows:

  • Shortlist the top universities in USA
  • Understanding grading system in USA.
  • Review the requirements and eligibility criteria
  • Visit the website online and fill the application form
  • Submit all the documents required
  • Selected candidates will be given a conditional offer by mail.
  • Admissions will be confirmed on payment of the admission fee.

MS in Finance in USA Eligibility Criterias

The MS in USA eligibility criterias in Finance programs are enlisted below:

  • Bachelor degree in a relevant field.
  • GPA of 3.0 or above on a 4.0 scale is required.
  • IELTS score of 6.5 or above is required.
  • TOEFL score 100 or above is required.
  • GMAT score range from 670-770 is required.
  • GRE score range from 315-330 is required.
  • US student visa application

MS in Finance in USA Requirements of Documents

The documents required for admission in the top universities in USA for MS in Finance are as follows:

  • Online Masters in Finance USA admission application form
  • 2-3 LOR for USA  (Letters of Recommendation)
  • Academic transcripts for studying Masters in Finance programs USA.
  • Resume
  • SOP for USA (Statement of Purpose) or Writing Sample
  • Few universities ask for a question or video essay
  • IELTS or TOEFL score cards
  • GMAT or GRE score cards
  • CSS profile for international students.
  • Non-refundable application fee receipt.

Application Fee

The application fee for top colleges in USA for MS in Finance for international students are as follows:

Top universities for MS in Finance in USA Application Fees
Massachusetts Institute of Technology (MIT) 150 USD (INR 12,365)
Columbia University 100 USD (INR 8,244)
University of California Berkeley 275 USD (INR 22,670)
University of California Los Angeles 200 USD (INR 16,487)
University of Texas at Austin 90 USD (INR 7,419)
University of Illinois Urbana Champaign 90 USD (INR 7,419)
Georgia Institute of Technology 85 USD (INR 7,007)
University of Southern California 155 USD (INR 12,780)
Boston University 85 USD (INR 7,007)
Georgetown University 175 USD (INR 14,426)

Admission Deadline

The admission deadline for the top universities offering Masters in Accounting and Finance in USA are stated below:

List of Universities in USA for MS in Finance Admission Deadline
Massachusetts Institute of Technology (MIT) Yet to be announced
Columbia University Yet to be announced
University of California Berkeley Round 3: July 13, 2023 Round 4: October 5, 2023
University of California Los Angeles April 30, 2023 (Closed)
University of Texas at Austin Yet to be announced
University of Illinois Urbana Champaign Round 1: September 17, 2023 Round 2: October 22, 2023
Georgia Institute of Technology October 1, 2023
University of Southern California May 31, 2023
Boston University June 1, 2023
Georgetown University Rolling through June 15, 2023

Top Universities Entry Requirements

Candidates can opt for MS in finance in USA without GRE or GMAT score. However, certain universities of Masters in Finance in USA without GMAT or GRE are University of Texas, University of Florida and many more. The admission requirements of the top MS in Finance in USA universities are tabulated below:

Name of University Score Requirement ELP Requirement
Massachusetts Institute of Technology (MIT) GMAT: 690-760
GRE Quantitative: 158-169
GRE Verbal: 157-168
TOEFL iBT: 90
IELTS: 7.0 or above
Columbia University GMAT: 550-780
GRE score is required
TOEFL iBT: 100
IELTS: 7.5
University of California Berkeley GMAT: 720-740
GRE Quantitative: 165
TOEFL iBT: 90
IELTS: 7.0
University of California Los Angeles GMAT: 720
GRE Quatitative: 166
TOEFL iBT: 100
IELTS: 7.0
University of Texas at Austin GMAT: 660-750
GRE Verbal: 155-167
GRE Quantitative: 152-166
TOEFL iBT: 79
IELTS: 6.5
University of Illinois Urbana Champaign GMAT: 686
GRE: 317
TOEFL: 103
IELTS: 7.5
Georgia Institute of Technology GMAT: 695
GRE: 169
TOEFL iBT: 95
IELTS: 7.0
University of Southern California GMAT: 700 - 770
GRE: 309 - 333
TOEFL iBT: 90
IELTS: 6.5
PTE: 61
Boston University GRE or GMAT score not required. TOEFL iBT: 84
IELTS: 7.0
Duolingo English Test: 110
Georgetown University GMAT: 660-710
Either GMAT or GRE score required
TOEFL iBT: 100
IELTS: 7.5

Cost of Living in USA

Universities offering cheapest MS Finance in USA are also available for international students. The cost of living in USA for studying MS in Finance is tabulated below:

Expense Type Average Annual Expense
Accommodation 9,800 USD (INR 8,07,961)
Meals 500 USD (INR 41,221)
Transportation(bus pas) 600 USD (INR 49,465)
Health Insurance 800 USD (INR 65,954)
Personal Expenses 300 USD (INR 24,732)
Total 12,000 USD (INR 9,89,310)

MS in Finance in USA Scholarships

A wide range of scholarships is also avialable for STEM MS in Finance in USA. Candidates can apply for scholarships to attend MS in Financial Analytics in USA. International students can check below-mentioned scholarships for MS in USA are enlisted below:

Name of University Scholarship Name Eligibility Amount granted
Massachusetts Institute of Technology (MIT) American Association of University Women International Fellowships International Women Candidates pursuing full-time graduate programs Variable
Columbia University Shardashish Fellowship Economically challenged Indian students with good academic records Variable
University of California Berkeley The Reinhard Bendix and Allan Sharlin Fellowships Graduate students with good academic scores up to 7,500 USD (INR 6,18,264)
University of California Los Angeles Graduate Education Privately Endowed Fellowships International students with good academic records Variable
University of Texas at Austin International Peace Scholarship Selected women candidates pursuing graduate programs Variable
University of Illinois Urbana Champaign Jean M. Due and Marianne Ferber International Research Award International students pursuing graduate programs 1,000 USD (INR 82,438)
Georgia Institute of Technology Karishma Babu and Vijay Balasubramaniyan Fellowship Endowment Fund Indian citizen | must pursue graduate programs 6,000 USD (INR 4,94,631)
University of Southern California Emerging Leaders Scholarships Candidates pursuing a full-time Master’s programs 5000-20,000 USD (INR 4,12,192-16,48,770)
Boston University Lu Lingzi Scholarship International candidates pursuing full time masters programs Covers tuition fees
Georgetown University Assistantships International students enrolled in graduate program | must have strong academic records Covers Tuition fees | Offers a stipend of 33,814 USD (INR 27,87,575) per year

Jobs after MS in Finance in USA

Stem designated MS finance in USA aims to offer high job profiles to the candidates with great salary packages. Here, the table below highlights the job profiles and average annual salary received by the candidates after pursuing MS in Finance in USA:

Job Title MS in Finance in USA Salary
Financial Analyst 67,819 USD (INR 55,93,745)
Senior Financial Analyst 85,642 USD (INR 70,63,538)
Finance Manager 112,383 USD (INR 92,69,068)
Vice President (VP), Finance 145,851 USD (INR 1,20,29,425)
Data Analyst 58,949 USD (INR 48,61,966)
Investment Analyst 66,277 USD (INR 54,66,361)
Finance Associate 78,934 USD (INR 65,10,27)

Top Recruiters for MS in Finance in USA

There are various job opportunities for international students studying MS in Fintech USA. The top recruiters offering jobs after MS in USA are listed below :

  • Goldman Sachs
  • Barclays
  • JP Morgan Chase & Co.
  • Netflix
  • EY
  • Morgan Stanley
  • Twitter
  • Nike
  • Deloitte
  • KPMG

Work Permit

Candidates willing to enter United States for as full time program at an approved university can opt for F1 visa. This F1 work is not applicable for the first academic year but approves the on-campus employment for the candidates. However, after completing the first academic year, candidates can opt for three kinds of off-campus employment with this F1 visa such as:

  • Confirmation letter from the university
  • Official Academic transcripts
  • Migration, birth and character certificates.
  • Letter of sponsorship
  • Official I-20 form
  • Proof of financial funds 
  • SEVIS fee receipt for interview

ROI for the Top Colleges Providing MS in Finance in USA

Candidates must choose the top universities for opting the best Masters in Finance USA. The top universities for best MS Finance in USA are Georgia Institute of Technology, University of California Los Angeles, Boston University etc. These universities offer high return on investment for attaining Masters in Finance in USA for international students rather than other universities. The table below highlights the ROI of the top universities for MS in Finance in USA:

Name of University Annual Tuition Fee Cost of Living Total Expense Annual Salary ROI
Massachusetts Institute of Technology (MIT) 87,600 USD (INR 72,24,065)














12,000 USD (INR 9,89,310)
99,600 USD (INR 82,14,246)














81,000 USD (INR 66,79,519)
81%
Columbia University 46,620 USD (INR 38,44,527) 58,620 USD (INR 48,34,529) 138%
University of California Berkeley 76,610 USD (INR 63,17,658) 88,610 USD (INR 73,07,874) 91%
University of California Los Angeles 21,319 USD (INR 17,58,075) 33,319 USD (INR 27,47,896) 243%
University of Texas at Austin 53,000 USD (INR 43,70,655) 65,000 USD (INR 53,60,397) 124%
University of Illinois Urbana Champaign 65,001 USD (INR 53,60,320) 77,001 USD (INR 63,50,091) 105%
Georgia Institute of Technology 19,323 USD (INR 15,93,480) 31,323 USD (INR 25,83,134) 258%
University of Southern California 79,092 USD (INR 65,21,728) 91,092 USD (INR 75,11,214) 89%
Boston University 35,140 USD (INR 28,97,556) 47,140 USD (INR 38,87,044) 171%
Georgetown University 56,840 USD (INR 46,86,884) 68,840 USD (INR 56,76,370) 117%

MS in Finance in USA universities offer the candidates with immense job opportunities and excessive salary packages. Students must meet the admission requirements to apply to the top universities for Masters in Finance. Candidates can opt for various scholarships offered by the top universities to attain MS Finance STEM USA.

FAQs

Ques: Is MS Finance good in USA?

Ans. The median annual salary for MSc in Finance USA graduates is 81,000 USD (INR 66,79,519).

Ques: What is eligibility for MS Finance in USA?

Ans. Bachelor degree in a relevant field with GPA of 3.0 or above on a 4.0 scale is required.

Ques: What is the duration of MS in Finance in USA?

Ans. MS in Finance in USA is a specialized master's course for 1-2 years

Ques: Is there scope for finance in USA?

Ans. There are lots of job opportunities for the candidates after pursuing MS in Finance in USA. Candidates attain the job roles like Financial Analyst, Senior Financial Analyst, Finance Manager etc. after completing their courses.

Ques: Is MS Finance a STEM course in USA?

Ans. MS in Finance in USA is a STEM certified advanced course.

Ques: What is the average salary MS in finance USA?

Ans. The average annual salary for MSc in Finance USA graduates is 81,000 USD (INR 66,79,519).

Ques: Is GRE required for MS in Finance in USA?

Ans. GRE or GMAT score is a compulsory requirement for MS in Finance in USA

Ques: What are the fees of MS Finance in USA for Indian students?

Ans. The tuition fees for MSc in Finance USA vary from 19,323-87,600 USD (INR 15,93,480-72,24,065).

Ques: What GRE score is required for MS in Finance in USA?

Ans. GMAT score of 670-770 and GRE score of 315-330 is required for MS in Finance in USA.

Ques: What are the best universities offering Masters in Finance in USA?

Ans. The best universities for MS in Finance in USA are Massachusetts Institute of Technology (MIT), Columbia University, University of California Berkeley etc.