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Florida International MSc in Finance: Detailed Overview

26/10/2023

500

Avg. GMAT

NA

Work Experience

$47K

Avg. Cost of Study

12

Months Duration 

$65K

Avg. Salary

Summary

Introduction to Florida International MSc in Finance

Repeatedly ranked among the best of its kind in the world, FIU’s Master of Science in Finance program boasts an in-depth curriculum enabling you to apply financial strategy to challenging, real-world business decisions.

As a University Affiliation Program with the CFA Institute, this program offers excellent preparation for Level I of the Chartered Financial Analyst (CFA) exam and readies you for a wide spectrum of higher-level financial roles. The specialty areas available for finance professionals are limitless, including corporate finance, investment advisory services, fund management, mergers and acquisitions, international finance, commercial and investment banking, FinTech, and more.

Why Study Florida International MSc in Finance?

77

QS Ranking

  • Acquire a strong base of knowledge in finance covering financial theory, strategy, methodologies, analysis, and practices
  • Use the latest technology and financial software to conduct financial analyses, valuation analyses, derivative pricing and risk management, securities trading portfolio management, bank management, and merger analysis.
  • Cohort based, lock-step structure. You’ll begin the program at the same time as your peers and progress through the curriculum together. 
  • Finance workshops before starting the program that aid in refreshing financial skills.
  • Dedicated career services team that offers career planning and interview coaching
  • Students will become Bloomberg Certified and familiarize themselves with finding data and market information using Bloomberg. MSF students will have access to Bloomberg terminals and the Bloomberg Lab.

Program Costs + Living Expenses: Florida International MSc in Finance

$33,600

Avg. Cost of Tuition

+ 

$13,966

Avg. Living Cost

47,566

Avg. Cost of Study

ExpenseEstimated Cost
Housing$8,424
Food$2,028
Transportation$1,895
Personal Expenses$1,597
Total Yearly Expenses$13,966

Eligibility Criteria for Florida International MSc in Finance

A 4-year undergraduate degree or its equivalent
Hold a four-year bachelor’s degree from an accredited college or university

Minimum GPA of 3.0 on upper-division coursework

We look at your upper-division credits, versus your overall GPA, to determine admission eligibility. Upper-division credits are typically taken in your last two years of your undergraduate program.

Proof of English Proficiency

Applicants who hold an undergraduate or graduate degree from non-English speaking countries must demonstrate English proficiency by taking either:

  • Duolingo (minimum score is 110)
  • TOEFL (minimum scores are: 550 paper-based, 213 computer-based, and 80 internet-based)
  • IELTS (minimum score is 6.5)

Test scores are considered official when sent by the testing center directly to our school. When requesting the official scores, please refer to the Florida International University Institution code code 5206.

GMAT or GRE Exam

They accept either the GMAT or GRE exam. For the GMAT we require a minimum score of 500. For the GRE they require that you meet within the 40th percentile of the quantitative and verbal sections, which is approx. 152 quantitative and 154 verbal.

Exam waiver opportunities available if applicant meets one of the following eligibility criteria:

  • Finance undergraduate degree with an upper-division GPA of 3.0, or
  • Minimum four years of relevant professional finance experience with an upper-division GPA of 3.0, or
  • A master’s degree with a 3.0 GPA and an upper-division GPA of 3.0 in undergraduate coursework

Documents required: Florida International MSc in Finance

Graduate Application for Admission

  • Complete the online application form and pay the $30 non-refundable application fee.

Official Transcripts

  • Request official transcripts from all previously attended colleges and universities to be sent directly to the FIU Chapman Graduate School Admissions office.

Proof of Degree

  • If your degree is not posted on your official transcripts, submit a notarized copy of the original diploma.

Current Résumé

  • Provide a current résumé that highlights your academic achievements, professional experience, and relevant skills.

Official Test Scores (if applicable)

  • If you have taken the GRE or GMAT, send official test scores directly from the testing office to FIU. The GRE is currently waived for FIU’s graduate programs through Fall Semester 2023. Please contact the graduate program directly to confirm whether a test is required for admission.

English Proficiency Test (for International Applicants)

  • International applicants whose native language is not English must demonstrate English proficiency by taking either the TOEFL, IELTS, or Duolingo English Test. 

Application Deadlines - Florida International MSc in Finance

Applications submitted after priority deadlines are reviewed on a space available basis.

Fall (August)Spring (January)
July 1November 1

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Scholarships Available: Florida International MSc in Finance

The Master of Science in Finance (MSF) program was established in the year 2000, and for nearly the past 20 years, the program has been dedicated to establishing leading professionals for the industry.

This scholarship was designed to reward individuals who have shown exemplary academic and work achievements.

To be eligible for the scholarship:

  • Individual must have been recently admitted into the program and not enrolled in classes.
  • Neither applicants nor current, enrolled, students are eligible for this scholarship.

Must meet one of the following requirements:

  • Minimum upper-division GPA of 3.25 and a GMAT score of 600, or
  • Minimum upper-division GPA of 3.25 and a GRE score of 158 on the quantitative section and 160 on the verbal section, or
  • Finance undergraduate degree with a 3.5 upper-division GPA with proof of community service, internship, or extra-curricular involvement, or
  • Eight years of financial related work experience with a minimum GPA of 3.25 upper-division coursework, or
  • Previously earned a master’s degree with a 3.5 GPA, alongside a 3.25 upper-division GPA in undergraduate coursework

Meeting minimum eligibility requirements does not guarantee scholarship.

There are a number of scholarship opportunities provided through the generosity of both individuals and corporations. Most scholarships are awarded in the summer for the following academic year.

Scholarship award will vary in amount, depending on the scholarship, the qualifications of the recipient, and the number of qualified applicants. To be eligible to apply for scholarships, applicants must be seeking a degree in a program offered within the college.

Specializations & Electives Offered

Master of Science in Finance’s 36-credit, 12 class, curriculum covers established and emerging concepts, practices, and technology in the financial industry, with a focus on preparing you for your choice of specialization within the field.

FAQs About MIF

Yes, the FIU MSF program is offered online. The online program is designed for working professionals who want to earn their degree without having to quit their jobs.

Yes, the FIU MSF program is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

The FIU MSF program offers a number of scholarship opportunities to help students offset the cost of tuition. These scholarships are awarded based on academic merit, financial need, and other factors.

The FIU MSF program is preparing students for the future of finance by:

  • Offering courses in emerging technologies, such as blockchain and artificial intelligence
  • Encouraging students to develop their data analysis and problem-solving skills
  • Providing students with opportunities to work on real-world projects

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

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