660+
Avg. GMAT
1
Work Experience
$76K
Avg. Cost of Study
12
Months DurationÂ
$75K
Avg. Salary
The Master of Science in Finance (MSF) at Boston College is a rigorous, one-year program designed to prepare students for successful careers in the financial industry. The program is offered on a full-time basis and is STEM-designated, meaning that international students on F-1 visas are eligible for OPT (Optional Practical Training) for up to three years after graduation.
The traditional finance track is designed for students who are interested in pursuing careers in corporate finance, investment banking, or asset management. The quantitative finance track is designed for students who are interested in pursuing careers in financial engineering, risk management, or quantitative trading.
The MSF program is taught by experienced faculty who are experts in their fields. The program also features a number of guest speakers from the financial industry.
89
QS Ranking
Here are some specific reasons why you might choose to study the Boston College MSF program:
$49,200
Avg. Cost of Tuition
+Â
$26,880
Avg. Living Cost
Avg. Cost of Study
The total cost of attendance for the Boston College Master of Science in Finance (MSF) program varies depending on whether you choose the full-time or part-time track. For the 2023-2024 academic year, the estimated cost of attendance is as follows:
Full-time MSF
Total: $76,080
Avg. Salary
  Most Sought-after Jobs
Corporate finance
Financial analysts
Financial managers
Corporate controllers
Investment bankers
Graduates of the MSF program are well-positioned for a variety of finance careers, including:
Salary
The median starting salary for MSF graduates is $100,000, which is significantly higher than the median starting salary for all master’s degree holders ($75,000).
Job Placement Rate
The Carroll School of Management has a strong alumni network that can help MSF graduates find jobs. The school’s career development center also provides a variety of resources and services to help graduates with their job search.
Overall, the employment prospects for graduates of the Boston College MSF program are excellent. The program’s strong reputation, rigorous curriculum, and extensive alumni network all contribute to its graduates’ success in the job market.
The eligibility criteria for the Boston College Master of Science in Finance (MSF) program are as follows:
For all applicants:
For international applicants:
| Program Start Date | Apply By | Receive Decision By |
|---|---|---|
| August 2024 | October 24, 2023 | December 21, 2023 |
| Â | January 9, 2024* | February 29, 2024 |
| Â | March 12, 2024* | May 23, 2024 |
| Â | May 7, 2024 | June 13, 2024 |
| Program Start Date | Apply By | Receive Decision By |
|---|---|---|
| January 2024 | October 10, 2023 | November 30, 2023 |
| Â | December 5, 2023 | Rolling+ |
| August 2024 | January 16, 2024 | March 28, 2024 |
| Â | March 5, 2024 | May 9, 2024 |
| Â | July 9, 2024 | August 8, 2024 |
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The following table displays scholarship and fellowship allocations for students entering in Fall 2023.
| Program | % of Class Receiving Merit Scholarships/Fellowships | Average Amount per Recipient | Award Allocation Process |
|---|---|---|---|
| Full-Time MBA | More than 95% | Approx. $26,000 per year | Scholarship award is disbursed every semester for a total of four semesters. For example, if a student is offered an annual scholarship of $50,000, they will receive $25,000 per semester for four semesters. |
| Part-Time MBA | More than 75% | Approx. $10,000 (one-time awards) | Scholarship award is disbursed once a semester for two semesters, starting with the initial semester in which a student begins their program. For example, if a student is awarded a $10,000 scholarship, they will receive $5,000 in their first semester and $5,000 in the following semester. Note that part-time MBA and part-time MSF awards are one-time, non-renewable awards. |
| Full-Time MSF and MSA | More than 45% | Approx. $10,000 (one-time awards) | Scholarship award is disbursed once a semester for two semesters (i.e., Fall and Spring). For example, if a student is awarded a $10,000 scholarship, they will receive $5,000 in the Fall semester and $5,000 in the Spring. |
The primary purpose of the MSF program is to prepare students for careers in finance, not to pass the CFA exam. However, their students have achieved a high success rate on the exam in the past several years.
While filling out your application, you should just apply to the MSF program as a whole. Upon admission, we will ask you in the enrollment form to indicate if you are interested in pursuing the STEM-designated track.
The MSF program is open to both those with work experience and those without. For international students, however, we highly recommend that students have some work experience, particularly if they are seeking post-MSF employment in the United States due to the increasingly competitive US employment market. The MSF Program is designed to meet the diverse needs of finance professionals, career changers, and recent undergraduates. To learn more about our current students’ academic backgrounds and work experience, view the class profile.
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