MIM Courses at Princeton University

What’s new at Princeton University for MIM?

The duration of Princeton University Masters in Finance program is 2 years. All MFin students are required to complete a summer internship between their first and second years by working at a financial institution.

Read: MS in Finance Colleges in USA

Princeton University MIM Tuition Fees 2023-24

Princeton MFin tuition rate (standard, fully covered) is paid over 10 months. The tuition rate is the same for all students during regular enrollment, and includes the 12-month Student Health Plan fee (SHP).

Particulars	Fees
Tuition – Regular	USD 59,710
SHP Fee	USD 3,150

Princeton University MIM Entry Criteria 2024

Applicants interested in applying to the Princeton MFin program should apply through the online university’s graduate school portal. The application fee to apply to Princeton MFin program is USD 75. Given below are Princeton University Master in Finance requirements:

• A bachelor’s degree
• Academic transcripts
• Personal statement
• 3 Letters of recommendation (One may be from a current employer)
• English language proficiency score
• GMAT / GRE test scores are accepted, but not required
• The program does not require formal work experience. Some students get into the Princeton MFin program directly from undergrad with no work experience. At a minimum, Princeton University expects applicants to have completed one or more internships (For example: Over the summer while in college)

Program Additional Requirement: All Princeton MFin applicants shall be required to take a Math Assessment Test. This test will take place on the first Saturday after the application deadline. The details for this test will be announced soon.

Princeton University MIM Selection Criteria 2024

The strongest candidates for admission to Princeton Masters in Finance program have exceptional test scores and grades at the minimum. Apart from this, the student’s personal statements and recommendations are excellent and their language skills are top-notch.

But, what sets Princeton MFin strong students apart are strong communication skills, passion for Finance, and in many cases work experience in the finance industry.

• Other helpful experiences might include internships in Finance and / or earlier work experience in areas like Engineering and Technology
• The university has also stated that applicants with a PhD in the areas of Engineering, Mathematics, and the Sciences have been well prepared for Princeton MFin program

Princeton University MIM English Language Proficiency Exams

Students whose primary language is not English or who did not complete their undergraduate instruction in English entirely in an English-speaking country must submit IELTS / TOEFL / Duolingo test scores. As such, no minimum scores have been mentioned.

Princeton University MIM Acceptance Rate

The university has specified that it intentionally keeps the intake in the Princeton Masters in Finance program small and selective to ensure individual attention to each one of the students, both academically and for job placement.

Princeton University’s yearly average acceptance rate for this program over the last five years was about 5%. In short, Princeton Masters in Finance program is highly competitive.

Princeton University MIM Rankings

According to QuantNet’s 2023 ranking Princeton’s Bendheim Center of Finance ranked No. 2 overall in the US for Master in Finance programs.

Read: What is the Scope of Masters in Finance in USA?

Princeton MIM Cost of Living 2023-24

The cost of living for Princeton Masters in Finance students is given below:

Living Expenses	10 Months	12 Months
Housing (On or Off Campus)	USD 12,933	USD 15,520
Food	USD 8,354	USD 10,025
Personal Expenses	USD 7,325	USD 8,790
Books & Supplies	USD 1,888	USD 2,265

Also Read: Cost of Living in USA for International Students 

Princeton University Vs MIT

Given below is the comparison of top-ranked universities in the USA for Masters of Finance program.

University	QuantNet Ranking 2023	1st-Year Tuition Fees
Princeton University	#2	?45.99 L
MIT	#6	?71.93 L