NA
Avg. GMAT
1-2 Yrs
Work Experience
$115K
Avg. Cost of Study
9-16
Months Duration
$90K
Avg. Salary
Introduction to Babson (Olin) MS in Finance
The full-time Master’s Degree in Finance (MSF) at Babson provides in-depth financial and quantitative knowledge. Match that with sophisticated problem solving, practical application, ethical judgment, and professional development and communication skills for a well-rounded degree.
Your Master of Finance program cohort comes from all undergraduate and graduate backgrounds. During your electives, expand your network by taking classes with more experienced MBA and master’s students. Develop strong relationships with faculty and advisors, who are here to support you with individualized mentoring.
Why Study Babson (Olin) MS in Finance?
70
QS Top MBA
Entrepreneurial Spirit Infused Curriculum: Develop the mindset and skills to navigate the dynamic and uncertain world of finance with an entrepreneurial spirit.
Transforming Ideas into Reality: Gain the expertise to transform innovative financial ideas into successful ventures through courses like Entrepreneurial Finance and New Venture Creation.
Empowering Financial Leadership: Foster your leadership potential to drive innovation and growth in the financial industry.
Internships: Bridging Theory to Practice: Gain valuable industry experience and professional connections through internships at leading financial institutions.
Program Costs + Living Expenses: Babson (Olin) MS in Finance
$82,474
Avg. Cost of Tuition
+
$32,697
Avg. Living Cost
Avg. Cost of Study
Tuition: $56,032
Fees: $1,900
Books and Supplies: $1,845
Personal Expenses: $22,697
Total Estimated Cost: $82,474
The estimated living expenses for the Master of Science in Finance (MSF) program at Babson College for the academic year 2023-2024 are:
Room and Board: $19,200
Food: $5,200
Transportation: $2,400
Personal Expenses: $5,897
Total Estimated Living Expenses: $32,697
Employment Prospects : Babson (Olin) MS in Finance
Employed within 6 months of graduation
Avg. Salary
Most Sought-after Jobs
Financial Analyst
Investment Banker
Financial Advisor
Risk Analyst
Portfolio Manager
Join more than 9,000 Babson alumni who work in financial services. Wondering what kind of outcomes you can expect? Here are just a few of the organizations that employ Master of Finance graduates: AIG, Citigroup, Charles River Labs, PTC, Staples, TIAA, Wellington Management Company, and more.
Eligibility Criteria for Babson (Olin) MS in Finance
- Bachelor’s degree from an accredited institution
- Minimum undergraduate GPA of 3.0
- English proficiency: All applicants whose native language is not English must demonstrate English proficiency by taking the TOEFL or IELTS. The minimum TOEFL score is 100, and the minimum IELTS score is 7.0.*
Documents required: Babson (Olin) MS in Finance
- Short answer questions
- One letter of recommendation (professional or academic)
- Résumé
- Transcripts from all institutions, undergraduate and graduate
- Candidates may include an essay to provide additional pertinent information to the admissions committee (optional)
- A $100 application fee
- Video interview: an invitation to complete your video interview will be sent once your application is submitted. Videos are due within 14 days of your application submission.
Wondering if you can target this school?
Free Profile Evaluation Workshop
Join our live workshop and
Get all your profile related questions answered.
Scholarships Available Babson (Olin) MS in Finance
Babson College graduate students have the opportunity to apply for additional grants and need-based or special criteria scholarships.
Babson Alumni Lifelong Learner Grant
All alumni with a bachelor’s or a master’s degree from Babson are eligible for the 20% grant on tuition when admitted into a graduate degree program—no separate application is required.
The Canadian Scholarship is a need-based scholarship that is awarded to Canadian citizens, with preference to students who attended McGill University. Apply by completing a College Scholarship Service PROFILE form online.
FUNED Scholars (Mexican Nationals)
Scholarship Opportunities
Babson College, in partnership with the Fundación Mexicana Para La Educación (FUNED), offers up to two $10,000 scholarships annually to selected incoming MBA students who are Mexican nationals.
Wellesley and Needham Town Scholarships (Residents & Graduates)
This scholarship is for students who are residents of Wellesley or Needham, Massachusetts, or who are graduates of Wellesley or Needham high schools. An additional application to the respective town’s Board of Selectmen is required. For the Needham Town Scholarship, you will need to complete the application found on the town website.
Yellow Ribbon Scholarships (U.S. Veterans)
Established by the Post-9/11 GI Bill®, the Yellow Ribbon Program provides veterans with supplemental education funding, beyond the basic benefits, by matching contributions made by a participating college or university. Qualifying students at Babson will receive an annual $20,000 Yellow Ribbon Scholarship, $10,000 of which is funded by Babson and matched by $10,000 from the Veterans Administration.
Specializations & Electives Offered
Specializations
The MSF program offers three specializations:
- Corporate Finance: This specialization focuses on the financial decision-making of corporations, including financial analysis, corporate valuation, and capital structure.
- Financial Analytics: This specialization focuses on the use of data and analytics to solve financial problems. Students will learn how to use financial modeling, machine learning, and other tools to make informed financial decisions.
- Quantitative Finance: This specialization focuses on the application of mathematics and statistics to financial problems. Students will learn how to use derivatives, risk management, and other quantitative techniques to solve complex financial problems.
Electives
In addition to the required core courses, MSF students can choose from a wide range of elective courses to explore their interests and career goals. Some of the popular elective courses include:
- Investment Management: This course covers the principles of investment management, including portfolio theory, asset allocation, and security selection.
- Risk Management: This course covers the identification, measurement, and management of financial risks.
- Financial Markets and Institutions: This course covers the structure and function of financial markets, including the stock market, bond market, and derivatives markets.
- International Finance: This course covers the international aspects of finance, including foreign exchange, international trade, and multinational financial management.
- Behavioral Finance: This course explores the role of human psychology in financial decision-making.
FAQs About MS in Finance
What are the prerequisites for the MSF program?
Applicants should have a demonstrated educational foundation in financial accounting, finance, statistics, microeconomics, and macroeconomics. If you have questions about whether your academic record meets the prerequisites, please contact graduate admissions.
What is the average work experience of MSF students?
The average work experience of MSF students is 1-2 years.
Is there a GMAT/GRE requirement for the MSF program?
No, there is no GMAT/GRE requirement for the MSF program.
What is the duration of the MSF program?
The MSF program is offered in two options: a 9-month accelerated track and a 16-month traditional track.