Masters programs in Finance and Financial Management Services which do not require GMAT - Updated 2021

University of California-Irvine: GMAT or GRE: The GMAT or GRE are not required but strongly recommended for applicants with GPA’s under a 3.3. Note that GMAT and GRE scores are good for up to five years.The GMAT or GRE are not required but strongly recommended for applicants with GPA’s under a 3.3.GRE scores are valid for up to five years from their test date.GMAT scores are valid for up to five years from their test date.Criteria for fellowships include academic record , GMAT GRE score, and work and leadership experience.

Southern New Hampshire University: No GRE or GMAT scores are required.

Masters programs in Finance and Financial Management Services which do not require GMAT - Updated 2021

Massachusetts Institute of TechnologyRanked 7 in Best National University.

MIT Sloan Master of Finance

IELTS or TOEFL required for non-native English speakers

Test of English as a Foreign Language

TOEFL or IELTS required for non-native English speakers

Washington University in St LouisRanked 14 in Best National University.

Global Master Finance

College description: Students im MSFC prepare for careers in consulting and corporate a master’s degree in finance to fast-track their corporate finance career.WashU’s Corporate Finance and Investments track is rigorous and comprehensive, offering in-depth training in securities research, capital raising, derivative pricing, and fixed income.Consulting on real-world projects • Practicum projects in partnership with financial and nonfinancial firms are built into the curriculum, so all MSFC students gain hands-on experience with real-world clients.WFA-CFAR’s annual Corporate Finance Conference • Students have access to notable speakers, Olin alumni, and industry professionals at the annual conference held on WashU’s campus.Check out the university Wealth and Asset Management, Quantitative Finance, and Global Finance tracks.Thrive in one of the best masters in finance programs.The MSFC will give applicant a deeper dive into financial markets, financial scenarios modeling and raising capital. Some courses specific to this track include Investment Theory, Financial Markets, Economics of the Organization, Financial Statement Analysis, and Mergers Acquisitions.

The university Admissions Committee accepts unofficial copies of transcripts and test scores for the sole purpose of rendering an admissions decision.

Transcripts for study abroad programs or transfer credits are not required if the course titles, grades and credit hours are included on the transcript of the degree-granting institution.

Standardized Tests- the university require either a GMAT or GRE score report.

TOEFL or IELTS – All international applicants whose native language is not English must take either the TOEFL or IELTS.

If applicant are eligible for a waiver, do not submit their TOEFL or IELTS score.

Applicants to Specialized Masters Programs must submit a video interview as part of the application process.

The application fee is $100, and payment can be made with a credit card.

TOEFL or IELTS is not required for the students.S. citizens, the students.S. permanent residents or individuals waived from this requirement.

Rice UniversityRanked 19 in Best National University.


College description: Loans are made for a period of up to one year and may be renewable on an annual basis.Graduate students must be enrolled on a full time basis to be eligible to apply for a loan and must maintain full enrollment during the full term of the loan.The waiting period begins after a borrower has signed a promissory note with Financial Aid.Students are reminded that the Graduate Student Association provides loans of up to $500, these loans are not subject to the TILA regulations because they are short-term loans and subject to different terms and conditions.

Successful candidates for admission typically have had GMAT scores between 710 and 760. Roughly half of admitted candidates take the GRE instead of the GMAT and have comparable scores.

International applicants whose native language is not English need to submit a TOEFL score. If applicant applied to Rice Business previously, the university ask that applicant submit the complete application package again regardless of the previous decision.

Unlike MBA program applicants, Ph.D. program applicants are not required to have work experience.

Online Application: Using the online application, applicant will create a user account for the creation, submission and status of their application, including receipt of their supplemental documentation.

Official Graduate Management Admission Test score report, or GRE score report.

A non-refundable application fee of $40 payable via credit card or check. Applications will not be processed without the required application fee.

Each student will also have available $1,000 per year for miscellaneous research and academic expenses such as text books required for classes, computer upgrades, conference travel etc.

All Ph.D. students are required to complete a doctoral dissertation and must maintain at least a 3.0 grade point average.

BUSI 522: Corporate Finance The purpose of this course is to provide a background for understanding the major research directions in corporate finance.

University of Michigan-Ann ArborRanked 29 in Best National University.

UM Quantitative Finance

College description: The dual MS in Accounting MS in Finance offers students the opportunity to take advantage of course overlap between the MS in Accounting and MS in Finance curricula.The dual MS in Accounting MS in Finance combines specialized training for careers in corporate accounting, controllership, and public accounting with specialized training required for success in the financial professions. Students select either the corporate finance or the investments concentration in the MS in Finance.The program allows students to receive both the MS in Accounting and the MS in Finance simultaneously upon completion of 51-57 credit hours, depending on applicable course exemptions and course choices.The MS in Accounting MS in Finance requires 17 courses or 51 credit hours.^If applicant have not previously completed an acceptable course in financial accounting, the university may advise applicant to complete ACC 505 before planning to complete the remainder of the program.Regardless of exemption credits granted, students must earn at least 51 credits in the dual-degree program if completing the MSF Corporate Finance concentration, or at least 54 credits if completing the MSF Investments concentration.In addition, up to 6 transfer credits for previous equivalent graduate coursework can be applied to the degree if those credits have not been counted toward a degree.

April 15, 2020: Enrollment deposit deadline for first-round admits.

Enrollment deposits are due by the date indicated in applicant’s admissions letter.

Please be sure to select the admissions application for the option applicant are applying to, either the Quantitative Finance and Risk Management or the Accelerated Master’s Degree Program. For the Fall 2020 application season, the application fee is waive for all the students.S. citizens and permanent residents.

Personal Statement: This is different from the Statement of Purpose in that the university ask that applicant write about things not captured by the application or the Statement of Purpose.

Please limit their resume to 1 page.

Three letters of recommendation: Register their recommenders for the electronic Letters of Recommendation system in the online application.

AMDP applicants are encouraged, but not required, to submit GRE scores.

TOEFL or IELTS Scores : This requirement may be waived for some applicants depending on their educational background. For Quant Program applicants, their overall TOEFL core must be 95 or higher.

Georgia Institute of Technology-Main CampusRanked 35 in Best National University.

Georgia Tech

College description: If applicant are looking for an MBA, executive courses or Masters in business topics, help us redesign the ranking experience.The MSc in Finance Investments programme delivers in-depth knowledge from theoretical and practical perspectives. A large choice of master electives allows scope to structure their own curriculum. Applicant will be learning from one of Europe’s most respected research teams and upon completion of the programme applicant will be ready to dive into a career as a financial professional.

All applicants planning to apply with a GMAT score must do so through the College of Business.

The application fee is $75 for domestic candidates and $85 for international candidates.

All application materials must be received by the posted deadlines. This includes test scores and recommendation letters.

Due to the quantitative nature of the course work in the program, stronger emphasis will be placed on the quantitative scores of the GRE/GMAT exams and the quantitative academic course work completed from their previous institutions attended.

The GMAT or GRE is required to be considered for admission to the program.

While the university can use the unofficial scores to evaluate their application, the university will require receipt of the official test scores before the university will be able to make an offer of admission. GRE or GMAT scores are considered valid if taken within the past 5 years.

Applicant may send out the recommendations in advance of submitting the application. Applicant will see the prompt to do so in the appropriate section within the online application.

Please submit their application first before sending their video so the university can match it.

University of California-San DiegoRanked 37 in Best National University.

Master of Finance Admissions

College description: Applicant will learn leading-edge methods for analyzing big data for financial decision making and risk management. The program’s emphasis on quantitative models and methods ensures graduates are equipped to develop innovative solutions to the complex problems facing the financial industry.Master of Finance applicants will have exceptional quantitative skills, strong interest in the analytical foundations of finance and of risk management, and a desire to have an impact in the financial sector.Finance professionals skilled at producing forecasts of business, industry and economic conditions and financial risk management are in demand in investment institutions across the globe. The United States Bureau of Labor and Statistics expects the risk management field within business to grow at an average rate of 13 percent over the next decade.Master of Finance students receive career support from Career Connections.

Most candidates will need to submit an official GMAT or GRE score.

A strong quantitative background is required, as evidenced by a high quantitative score on the GRE or GMAT.

Round 1: November 1, 2020Round 2: January 15, 2021Round 3 & Scholarship Deadline: April 1, 2021 Final Deadline: May 1, 2021

Submit their up-to-date resume or CV.

All applicants are required to submit two recommendations.

Their Statement of Purpose should be no longer than 500 words, double-spaced, 12-point font. Please choose two of the following words from the university mission statement: entrepreneurial, innovation, collaboration, knowledge.

Due to the global COVID-19 pandemic and applicants' reduced ability to access and prepare for the GMAT or GRE, the university will waive the GRE/GMAT requirement for the Master of Finance program for Fall 2021. In order to waive the test requirement, their application must be completed by the stated program deadline.

If applicant choose to submit test scores, the Master of Finance program will accept either GMAT or GRE scores.


Include their registration ID number and exam date on their application.

If applicant maintained a 3.0 GPA during one academic year in the university, then applicant are exempt from the TOEFL/IELTS. Be sure to include all of their university transcripts in the application.

The Fall 2021 application fee is $120 for US citizens or Permanent Residents; $140 for international applicants. The non-refundable fee is payable by credit card through the online application. Applicant may also pay by check, following the instructions in the online application. If applicant choose to pay by check, please note that their application will not be processed until their check has been received.

It is their responsibility to make sure all parts of their application are complete.

Northeastern UniversityRanked 42 in Best National University.

Master of Science in Finance — Online

College description: Accelerate their academic career with Northeastern PlusOne Accelerated Master program. The students will study graduate level coursework during their senior year and the credits toward both a bachelor and master degree.The BSBA MS in Finance PlusOne Program provides rigorous training in finance, helping to develop their analytical and financial management skills.Designed for academically outstanding students, the program allows applicant to take up to a total of 15 graduate credits during senior year and those credits toward both their bachelor and master’s degrees. The BSBA MS in Finance Plus One Program starts in the fall term only.Students interested in pursuing the Chartered Financial Analyst or Certified Financial Planner designations should select appropriate electives.Gain a Competitive Edge By 2022, 18 percent of jobs will require a master’s degree, according to the Bureau of Labor Statistics.Outearn their Peers Advanced degree holders earn a salary that averages 35 percent higher than bachelor’s degree holders.FINA 6202: Analysis of Financial Institutions and Markets.Students are permitted a maximum of 3 non-finance elective credits in this program.Create a new account for BSBA MS in Finance.Select program: MS in FinanceIn the application itself, student should select: Program BSBA MS in Finance, Entry Term Fall.Students will complete the requirements for both degrees, except for any sharing of graduate course credits approved for the PlusOne Program.At this point, the students will have a graduate transcript for the remainder of their program.A fast-changing business world is putting finance front and center, with financial knowledge seen as essential to effective management.All companies that produce, sell, or distribute products have a chain management function that must be effectively managed to be competitive.

GPA score of 3.0 or higher on a scale of 4.0.

Official results of the Graduate Management Admission Test OR currently employed with five years of demonstrated professional experience in participation and leadership of work teams, financial and/or budgetary responsibility, and management of staff in a direct reporting relationship.

Two letters of professional recommendation

In these cases, supplemental documentation, such as official professional designations or certifications may help to strengthen an application portfolio.

Northeastern's signature experiential learning model combines academics with professional practice to help students acquire relevant, real-world skills they can apply to their desired industry. The program's rigorous, experiential curriculum will challenge applicant to put classroom learning to the test and help applicant connect academic theory to real-world practice.

Finance and Financial Management Services Online Masters programs at Northeastern University

University of California-IrvineRanked 42 in Best National University.

Master of Finance

College description: The Master of Finance is a full-time program lasting 12 months beginning each fall. Applicant have the opportunity to personalize their degree in areas including corporate finance, investment management, wealth management, and real estate through electives from either Master of Finance or MBA offerings. The ProSeminar course, the university unique approach to career management, helps applicant gain the skills necessary for sustained career success.MF 211 ProSeminarThis course, Coordinated with the Merage Career Center, provides students with practical skills for success in the program and future careers in finance by teaching career planning, job search tactics and strategies, resume building, interviewing preparation, approaches to networking, salary negotiation, public speaking, and business writing skills.MF 203A Financial ReportingInvolves the development, analysis, and interpretation of financial accounting information for external reporting purposes.MF 210 Foundations of FinanceThis course teaches the foundations of finance. The course begins by teaching financial tools such as time value of money, capital budgeting techniques, and cash flow analysis. The course then examines the foundations of investment management.MF 240 Financial Research MethodologyThis course bridges the gap between theoretical financial models and financial econometrics and empirics. The course will explore the strengths and weaknesses of empirical finance and econometrics, as well as implement many of the methods based on data the individual has drawn from the market.MF 241 Risk ManagementThis course examines modern techniques for managing financial risks.The course will cover measurement techniques for different types of financial risks and instruments.MF 249 DerivativesDerivatives are new financial instruments whose value derives from the values of other, basic, underlying assets such as stocks and bonds.

GMAT or GRE: The GMAT or GRE are not required but strongly recommended for applicants with GPA’s under a 3.3. While these tests are not required, the admissions team is looking for evidence of strong verbal and quantitative skills. Note that GMAT and GRE scores are good for up to five years.

Official TOEFL, PTE, or IELTS

The GMAT or GRE are not required but strongly recommended for applicants with GPA’s under a 3.3.

GRE scores are valid for up to five years from their test date.

GMAT scores are valid for up to five years from their test date.

The specific essay prompt can be found on the application.

TOEFL scores are valid for up to two years from their test date.

As an alternative to the TOEFL, applicant may also take the Academic Modules of the International English Language Testing System or Pearson Test of English For the IELTS, the minimum required score for admission is 7, with a score of no less than 6 on any individual module. The PTE minimum required score for admission is 53.

The non-refundable application fee of $150 must be paid by credit card through the online application system.

Interviews are by invitation only, are required for admission, and are conducted by the Admissions Committee.

Criteria for fellowships include academic record , GMAT/GRE score, and work and leadership experience.

The tuition, fees, and charges posted to their billing statement or account are estimates based on currently approved amounts.

The non-refundable eTech Fee is required of all students and is used to support the maintenance and improvement of existing education technology, and new services and capabilities.

Round 4: March 1

Indiana University-BloomingtonRanked 76 in Best National University.

MS in Finance

College description: Chambre de Commerce de Djibouti Ministère de l’économie et des finances: Le secteur privé djiboutien vise les marchés régionaux et internationaux.André Massida, du secrétaire général du ministère de l’économie et des finances, M.C’est dans le souci d’accroitre l’accompagnement et l’efficacité de nos entreprises que la Chambre de Commerce de Djibouti s’est associée au ministère de l’économie et des finances et au cadre intégré renforcé pour organiser un atelier de formation visant à renforcer les capacités des exportateurs djiboutiens dans l’analyse et la recherche des marchés.Assemblée nationale: Le ministre du Budget défend le projet de loi de finances initiale.Ministère de l’Economie et des Finances, chargé de l’Industrie.Djibouti était représentée par une délégation conduite par le Secretaire General du Ministere des Finances, M. Almis Mohamed Abdillahi, Directeur du Financement Extérieur,, Mme Fatouma Ahmed Moussa, Directrice Juridique du Ministere de l'Economie et des Finances, et de M.Le Ministre est accompagné du Secrétaire Général du Ministère des Finances, M. SIMON MIBRATHU, du Conseiller du Ministre de l’Economie et des Finances, M.

Get started with the university application instructions.

Resume applicant’re more than test scores and GPA.

The statement should be concise—about 500 words.

No GMAT and GRE scores are required for Kelley students on the IU Bloomington campus as well as +Kelley students.

Finance and Financial Management Services Online Masters programs at Indiana University-Bloomington

Iowa State UniversityRanked 106 in Best National University.


College description: The Master of Finance degree at Iowa State is designed to prepare students for careers in corporate finance, financial analysis, investing and wealth management, and risk management. As the field of Finance has become quantitative, employers are increasingly asking for and valuing hard analytical skills.Among other core finance topics such as financial analysis and valuation, MFin students will learn advanced regression techniques and programming approaches for data analysis, time series analysis and forecasting, use of probability distributions, optimization techniques, modelling of financial and risk variables, simulation techniques, value at risk measurement, and tools for effective risk management. These tools will equip students to effectively analyze and solve problems encountered in today’s rapidly changing financial environment.Detailed knowledge in the primary functional areas of Finance — Corporate, Investments, and Derivatives and Risk Management — with numerous electives that build on this foundation.A range of advanced skills and analytical tools for sound financial decision-making.State of the art facilities, all major accounting and financial databases, and over a dozen Bloomberg data terminals the industry standard.Students may explore electives from Economics or Statistics as well as other business disciplines such as Accounting or Information Systems.The purpose of the scholarships is to promote the value of a graduate business degree among Iowa residents while launching this new program.

As a first step, Iowa State University has collected information on application requirements as well as links where applicant can find further information.

GMAT/GRE requirements are waived for fall and summer 2020

ISU Finance majors with a 3.25 GPA or better and all grades in required finance courses are B or better do not need to submit GMAT or GRE.

Duolingo is temporally being accepted instead of TOEFL/IELTS

University of Cincinnati-Main CampusRanked 127 in Best National University.

Global Scholarship

College description: The University of Cincinnati’s Master of Science in Finance program is a blend of theoretical and applied knowledge, enabling applicant to grasp theory and develop the skills to financial concepts in real-world situations. The university program is nationally ranked and financially competitive.

TOEFL: 79 Composite

TOEFL, IELTS, or ELS do not show a students math ability. If the TOEFL, IELTS, or ELS scores are submitted, the student must take the UC Math Placement Test

The students.S. university or community college transcripts are required.

They must submit a final transcript from the university or community college that demonstrates they have met the cumulative GPA requirement and have earned an Associate’s degree before the scholarship funds will be given.

There is not a separate application for UC's International Scholarships. Students should submit all application materials before the program priority deadline in order to receive maximum consideration.

Maintain a 3.2 cumulative University of Cincinnati GPA per academic semester

Santa Clara UniversityRanked 2 in Best Regional University in West Coast.

MS Finance and Analytics

College description: Santa Clara University Master of Science in Finance and Analytics program, ranked #27 by TFE Times 2020 Best Master of Finance Programs, offers the opportunity for a targeted education that prepares students for a dynamic career—whether it’s in corporate finance, investment management, or capital markets.These courses each take around 20-25 hours to complete and the university will require certificate of completions for them.The university Masters in Finance and Analytics program prepares applicant for a career in corporate finance, investments, commercial banking, and even private equity, venture capital and consulting.

Federal financial aid is not available for non-US citizens, except in cases where they have attained Permanent Resident status and have made application for citizenship.

ScholarshipsAll applicants to an MS program are considered for a scholarship if they submit their completed application by the posted deadline. Awards are based on professional accomplishments and outstanding scholarship as demonstrated in collegiate transcripts, GMAT or GRE score and recent coursework.

Number of units required: 20 core and 16 electives

Finance and Financial Management Services Online Masters programs at Santa Clara University

Southern New Hampshire University

Lead Advance in Finance

Hone the integration, synthesis and application of business practice

Integrate and synthesize their learning with a capstone course

To apply for the 100% online MBA or the evening program, use the online application.

Some students, particularly those with non-business academic backgrounds, may be required to take foundation courses.

This option allows applicant to list an additional important credential on their resume with minimal additional coursework.

Create intrapreneurial and entrepreneurial opportunities in a global environment that add value to an organization through the integration, synthesis, and application of business practices

No GRE or GMAT scores are required.

Finance and Financial Management Services Online Masters programs at Southern New Hampshire University

Wilmington University

Accounting and Finance Degree, Finance Degree available online or in-person

Cooperative learning experiences are available to deepen their study through hands-on application of skills.

Admission to this IACBE-accredited bachelor’s degree program is guaranteed, with no SAT, GRE or GMAT required.

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