Master of Finance
3.7 /5- Private Institute
MIT Sloan School of Management
Talk to ExpertMaster of Finance at MIT University Overview
Master of Finance
at MIT University
This course is offered by MIT Sloan School of Management department of the university. MIT University offers a 12 months long Master of Finance course. The tuition fees to pursue this program is USD 91250.0. English language proficiency test accepted for admission to MIT University Master of Finance are IELTS and TOEFL.
Duration | 12 months |
Course Level | PG Degree |
Mode of Course | Full Time |
International Students Admission Website | Go to Website  |
Tuition & Fees | ₹76.90 Lakh View full breakup |
Type of University | Private |
Official Career Service Website | Go to Website |
Master of Finance at MIT University Highlights
Master of Finance
at MIT University
- MIT’s Master of Finance program features a rigorous 18-month STEM curriculum, with the option to accelerate in 12 months, emphasizing a foundation in how markets work and engineered around the most advanced financial theories, quantitative models, and industry practices
- Students are able to complete one of four available concentrations: financial engineering, impact finance, capital markets, or corporate finance. Completing a concentration is optional and is not a degree requirement
- The program consists of required fundamental and advanced subjects, restricted electives, action learning, ethics modules, a programming literacy test, and an optional master's thesis
Master of Finance at MIT University Curriculum
Master of Finance
at MIT University
Latest curriculum for Master of Finance at MIT University can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MIM at MIT University
Master of Finance at MIT University Rankings
Master of Finance
at MIT University
Master of Finance at MIT University Entry Requirements
Master of Finance
at MIT University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read less
-
All applicants to the program must hold a four-year undergraduate degree or three-year equivalent undergraduate degree from outside of the U.S, by time of matriculation.
- MIT curriculum is rigorous. Knowing what courses you’ve taken will give university a quick way to assess how you might handle the MFin curriculum. Please list courses that you are currently taking or that you have completed in the following areas: Linear Algebra, Multivariable Calculus, Probability, Statistics
- University are also interested in learning about your proficiency in computer language programming. They prefer candidates with demonstrated proficiency in Python. While candidates may be admitted without Python, it is expected that admitted students will need to demonstrate proficiency in Python prior to matriculation.
- Universiy's Admissions Committee looks for applicants with demonstrated academic excellence, proven personal achievement, excellent communication skills, and strong commitment to pursue the field of finance and make an impact
- They believe high academic potential and personal achievement are typically reflected in academic records, internship or work experiences and recommendations that go beyond a polite endorsement.
-
3 year degree accepted
- N/A
- Applicants with 3 year bachelor's degree are also eligible to apply.
TOEFL
- No specific cutoff mentioned
- NA
GMAT
- No specific cutoff mentioned
- NA
IELTS
- No specific cutoff mentioned
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
GRE
- No specific cutoff mentioned
- NA
Other eligibility criteria
- Submission of a standardized test, such as GMAT (Focus Edition or 10th Edition) or GRE is optional when applying for the MFin program
- Interviews are by invitation only. They are a required step in the process. An invitation to interview signals that your application has reached an advanced stage of consideration, but it does not guarantee admission.
Conditional Offer
- No
Sign-up to view details
Master of Finance at MIT University Application Process
Master of Finance
at MIT University
Step one
Prepare documents for application
LOR
- MFin applicants must submit three letters of recommendation.
- A detailed recommendation can tell us a lot about you. Make sure you select individuals able to speak about your qualifications and impact.
-
- One letter must come from someone who can speak to your quantitative abilities.
- If you are a current student, you should submit two letters from your current school and one letter from a recent internship, preferably from a previous supervisor.
- If you are working full-time, one letter of recommendation should come from your most recent employer and another letter of recommendation from an academic source, preferably a previous professor. The third recommendation can be either academic or professional.
CV
- Submit a one-page resume
- Here are some pointers on formatting:
- One-page limit
- Times New Roman font
- Size 10 font
- Word or PDF formats only
Step two
Additional documents required
- Copies of academic records from all colleges and universities attended
- Submit GMAT/GRE scores
- Submit English Language Proficiency scores
- Submit answers to the two video question. Videos should adhere to the following guidelines:
- Video question 1-
Introduce yourself to your future classmates. Here's your chance to put a face with a name, let your personality shine through, be conversational, be yourself. We can't wait to meet you!
Videos should adhere to the following guidelines:- No more than 1 minute (60 seconds) in length
- Single take (no editing)
- Speaking directly to the camera
- Do not include background music or subtitles
- Video question 2- Video Question 2 is a part of your required application materials and will appear as a page within the application, once the other parts of your application are completed.
- Video question 1-
- Short Answer Question-
Question 1: Please discuss your past academic and professional experiences and accomplishments that will help you succeed in the Master of Finance program. Include achievements in finance, math, statistics, and computer sciences, as applicable.
Question 2: Tell us about your short-term and long-term professional goals. How will our MFin degree help you achieve these goals?
Question 3: What personal qualities will enable you to contribute to the advancement of our mission?
-
Question 4: How has the world you come from shaped who you are today? For example, your family, culture, community, all help to shape aspects of your life experiences and perspective. Please use this opportunity to share more about your background.
Step three
Start your online application
Step four
Application fees for this course
USD 150 = INR 12.64 Thousand
Mode of payment: Credit card
- The MIT Monthly Payment Plan offers the option of spreading the applicant's term bill over five payments and paying it over the course of the term as opposed to in one lump sum
Master of Finance at MIT University Fees
Master of Finance
at MIT University
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 76,89,637 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 19,09,221 |
| Insurance | INR 3,03,625 |
| Transportation | INR 2,99,327 |
| Student Activity Fee | INR 34,214 |
| Books and Supplies | INR 1,22,360 |
| Personal Expense | INR 8,21,127 |
| Application Fee | INR 12,640 |
| Total approximate fees | INR 35,02,514 |
Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated on 5ᵗʰ November 2024
Master of Finance at MIT University Scholarships
Master of Finance
at MIT University
Scholarship information is not available. You can apply to non-college specific scholarships available for
USA.
View all 72 scholarships
Massachusetts Institute of TechnologyStudents Ratings & Reviews
3.7/5
1 Verified ReviewVibe of Campus
- Friendly
- Fun loving
- Sporty
Student Views
- 0% students never faced discrimination in this university
Internships4
Part time work1
Post study jobs4
Quality of faculty4
Student Life5
Value for money5
Public transportation4
Safety4
Indian Food4
Permanent Immigration2
A
Anonymous
Master of Science in Transportation/Master of Science in Electrical Engineering and Computer Science - Batch of 2021
Offered by Massachusetts Institute of Technology
5
Best college with great academics and friendly faculty.
Tips: I would advise students to be well-prepared academically before joining this college. The classes are more research-oriented, so be ready to get your hands dirty. Also, be prepared to take classes from outside the university. Finally, always be ready to jump in and make yourself available in class. The academics at this college were diverse, and the teachers were very knowledgeable. The tutors were very friendly and helpful. I could approach them anytime, and they were always there for me. I would recommend this college to anyone. The student life was fantastic. I got a lot of learning opportunities and practical experience. Some of the greatest minds in the world work and study there. The research faculty was fabulous, and there was a lot of equipment and funding for experiments. There were a lot of clubs, too. Overall, I am satisfied with the experience.
Reviewed on 12 Nov 2024Read more
A
Anonymous
Master of Science in Transportation/Master of Science in Technology and Policy - Batch of 2024
Offered by Massachusetts Institute of Technology
3.7
Funded Masters at MIT with lots of events and activities.
Tips: Students should know that many MIT Masters programs, including TPP, are fully funded through RAships. You can apply to multiple MIT programs in the same application cycle, and you can also apply for a dual master's degree with other departments after you are admitted to an MIT program. The allowance is almost $45,000 per year, in addition to tuition and health coverage. This amount is sufficient to live in Boston and save some money.
Likes (Student Life): There are lots of fun activities to do in Boston. You can also learn how to sail for free. There are many clubs on campus that you can join for free. Boston is very bikeable so you can bike anywhere within the city. It's very pretty in the fall. People also regularly rent cars to hike in New Hampshire.
Dislikes (Part time work): You will be on a RAship so there is no need for part time for most MIT grad programs except Sloan ones. Taking on additional part-time activities might be restricted by your F1 visa. You won't need additional sources of income over RAship money and you won't have the time for it.
Reviewed on 13 Sep 2024Read more
View All 2 Reviews
Master of Finance at MIT University Frequently Asked Questions
Master of Finance
at MIT University
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 13 months |
| Percentage of International Students | 87% |
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Master of Finance at MIT University Contact Information
Master of Finance
at MIT University
Address
77 Massachusetts Ave, Cambridge, MA 02139, USA
Cambridge ( Massachusetts)
Phone
Go to College Website ->