Arizona (Eller) MSc in Finance: Detailed Overview

Table of Content

600

Avg. GMAT

NA

Work Experience

$78K

Avg. Cost of Study

12-16

Months Duration 

$62K

Avg. Salary

Introduction to Arizona (Eller) MSc in Finance

Eller’s nationally ranked Master’s in Finance program doesn’t just prepare you for success—it prepares you to excel. With individualized attention from top research faculty and a cohort of talented fellow students, you’ll have the support you need to advance to the very top of your field.

You’ll have countless opportunities to immerse yourself in real-world learning throughout the program, including an optional summer project that allows you to explore your personal area of interest in-depth. In addition, the MSF offers two tracks of study, five dual-degree programs and a wide selection of electives.

Why Study Arizona (Eller) MSc in Finance?

58

QS Ranking

  • Gain specialized, in-demand knowledge

  • Develop a strong foundation in the principles and practices of finance

  • Gain hands-on experience using financial databases and business analytics software

  • Develop advanced analytical methods and technical skills for informed financial decision making

  • Position yourself to become a chartered financial analyst (CFA) or a chartered alternative investment analyst (CAIA) 

Program Costs + Living Expenses: MSc in Finance

$51,925

Avg. Cost of Tuition

+ 

$26,795

Avg. Living Cost

78,720

Avg. Cost of Study

  • Living Expenses $17,095
  • Textbooks $1,200
  • Required Health and Accident Insurance (12-Month Premium) $2,600
  • Miscellaneous $5,900

Employment Prospects: Arizona (Eller) MSc in Finance

90%

Employed within 3 months of graduation

62K

Avg. Salary

    Most Sought-after Jobs

Financial Analyst

Investment Banker

Corporate Finance Analyst

Financial PlannerRisk Analyst

Quantitative Analyst

Credit Analyst

Real Estate Analyst

Hedge Fund Analyst

Graduates of the Eller MSF program are recruited by a wide range of top employers, including AARP, Accenture, Amazon, American Express, Amadeus, Bank of America, Banner Health, Becton Dickinson, BMW of North America, Bourn Companies, CVS Health, Deloitte, El Rio Health, Equity Methods, EY, Facebook, Freddie Mac, Google, and HealthTrio. 

Eligibility Criteria for Arizona (Eller) MSc in Finance

  • An academic background demonstrating strong intellectual capacity
  • Clear professional goals in the finance industry
  • References that support your study and quantitative skills
  • GMAT/GRE requirement – waivers available for students with Finance, Accounting or STEM degrees with a 3.3 GPA or above; CFA Level 1
  • Solid English communication skills

Documents required: Arizona (Eller) MSc in Finance

  • Online Application:

    • Complete the online application form.
    • Pay the application fee. 
  • Transcripts:

    • Submit official transcripts from all attended colleges and universities. 
  • Letters of Recommendation:

    • Provide two letters from academic or professional contacts supporting your qualifications.
  • GMAT or GRE Scores (Optional):

    • Submit scores if taken (GMAT/GRE). University of Arizona school code: 4832. 
  • Resume:

    • Submit a current resume highlighting academic and professional experience.
  • Statement of Purpose:

    • Submit a statement explaining academic and career goals for the MSF program. 
  • Affidavit of Domicile (Arizona residents only):

    • Submit if an Arizona resident. 
  • Proof of Financial Resources (International students only):

    • Provide required documentation for international students.

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Scholarships Available Arizona (Eller) MSc in Finance

Merit-based Scholarships:

1. Eller College of Management Graduate Assistantships:
– Full tuition waiver and a stipend of $21,000 per year.
– Eligibility: Admitted to the MSF program with a strong academic record and a demonstrated interest in finance.

2. CFA Program Access Scholarship:
– For students unable to afford the full cost of the CFA exam registration fees.
– Eligibility: Full-time MSF student with a GPA of 3.0 or higher.

3. CAIA Scholarships:
– For students pursuing the Chartered Alternative Investment Analyst (CAIA) designation.
– Eligibility: Full-time MSF student with a GPA of 3.2 or higher.

Need-based Scholarships:

1. Federal Pell Grant:
– For students demonstrating exceptional financial need.
– Eligibility: U.S. citizen or eligible noncitizen; complete the Free Application for Federal Student Aid (FAFSA).

2. Federal Stafford Loan:
– For students enrolled at least half-time in their graduate program.
– Eligibility: Complete the FAFSA.

3. Arizona State Grants:
– For residents of Arizona.
– Eligibility: Complete the FAFSA.

Specializations & Electives Offered

Tracks:

  • Investment Management
  • Corporate Finance

Electives:

  • Variety of courses from other Eller College of Management departments

Specializations:

  • Energy Finance
  • Financial Technology
  • Quantitative Finance 
  • Real Estate Finance

FAQs About Arizona (Eller) MSc in Finance

Work experience is not required for our program, and many students start the program directly after completing their Bachelors degree. Other students have work experience and wish to refine their technical and analytical skills before entering the job market. 

There is no minimum GMAT score required for admission to the program, though the desired score is 600 or above. If your score is below 600, you will not be automatically excluded from the applicant pool. The department admissions group considers all parts of your application, including your statement and letters of recommendation, in addition to your GPA and test scores.

The GRE can be accepted in lieu of the GMAT, but average scores are not available. Generally, the admissions committee will look for a quantitative score in the 70th percentile or higher.

You are required to submit an original transcript from all of the institutions, other than The University of Arizona, that you attended previous to applying to our program. International students must submit official transcripts and diploma in the original language as well as an English translation. The official transcript should be stamped by The University issuing the transcript and be submitted in a sealed envelope. Transcripts are not required for courses or degrees from The University of Arizona.

E-Transcripts are considered official if sent directly from the institution or transcript service to either University of Arizona department personnel or the Graduate College transcripts inbox at [email protected](link sends e-mail).  PDF is the required delivery format.  Electronic transcripts that require the use of an .exe file to open will not be accepted and an alternate delivery method must be chosen.

The MSF program normally takes 12 to 16 months to complete. Students start in the fall semester and have two options for the program length – a 12-month and 16-month option.  Students electing the 12-month option begin the program in midAugust and graduate the next August.  For the 16-month option, students begin the program in mid August and graduate the next December, normally leaving Tucson during the summer between the first year and final semester.

Their program graduates are working as financial professionals at Hewlett-Packard, UniSource Energy Corp., Barclays Global Investors, Honeywell, the United Nations, Morgan-Stanley, BlackRock, Equity Methods, Goldman Sachs, and Raytheon, to name some of the organizations.  Recent grads have also gone into corporate finance positions at Intel, Google, and Amazon.

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