M.S. in Finance

Entry Requirements for Postgraduate Programs

Academic Requirements:

• For postgraduate programs, applicants are required to have a bachelor's degree or its equivalent from a recognized institution.
• A minimum undergraduate GPA (Grade Point Average) of 3.0 on a 4.0 scale or equivalent is often expected. This translates to 60% or above.

English Language Proficiency: 

• IELTS: An overall score of 6.5 or higher is required, with no individual band score less than 6.5.

• TOEFL iBT: A minimum overall score of 90 is required.  

• DET (Duolingo English Test): A score of 110 or higher is required for admission.  

• PTE (Pearson Test of English): A minimum PTE score of 61 or above is required.  

Scholarships for International Students at the University of Massachusetts Boston

1. Global Excellence Scholarship: The Global Excellence Scholarship is a merit-based scholarship offered to undergraduate and graduate international students. It recognizes academic achievement and provides financial support to help cover tuition expenses. The scholarship amount may vary and is renewable for subsequent years based on academic performance.

2. Dean's Scholarship: The Dean's Scholarship is another merit-based scholarship available to international undergraduate students. It is awarded to high-achieving students who have demonstrated exceptional academic performance. The scholarship amount varies and is renewable for subsequent years based on continued academic excellence.

3. Graduate Assistantships: UMass Boston offers graduate assistantships to international students pursuing master's or doctoral degrees. These assistantships provide students with valuable teaching, research, or administrative experience while also covering tuition and providing a stipend. Opportunities for graduate assistantships vary by department.

4. Foundation Scholarships: The university offers a range of scholarships funded by foundations, organizations, and donors. These scholarships may be available to both domestic and international students based on various criteria such as academic achievement, field of study, or community involvement. International students are encouraged to explore these opportunities through the university's scholarship database.

5. External Scholarships: International students may also be eligible for external scholarships provided by organizations, governments, or foundations outside of the university. These scholarships are typically offered based on specific criteria, such as nationality, field of study, or leadership qualities. Students are encouraged to research and apply for external scholarships that align with their academic and personal goals.

6. Graduate Research and Teaching Assistantships: Many graduate programs at UMass Boston offer research and teaching assistantship opportunities. These positions provide a stipend, tuition remission, and valuable experience in research or teaching roles. The availability of these assistantships depends on the department and program.

7. Funding for Ph.D. Students: Doctoral students may have access to additional funding opportunities, including grants, fellowships, and research funding, to support their dissertation work and academic pursuits.

8. Government Scholarships: Some international students may be eligible for government-sponsored scholarships from their home countries. UMass Boston can assist students in obtaining the necessary documentation and meeting the requirements for these scholarships.

It's important for international students to check the eligibility criteria, application deadlines, and specific application procedures for each scholarship opportunity.

The Master of Science in Finance program at the University of Massachusetts Boston (UMass Boston) offers an excellent foundation for pursuing a variety of exciting and rewarding career opportunities in the world of finance. Graduates of this program are well-equipped with the knowledge, skills, and networks necessary to thrive in this dynamic field.

Financial Analyst: Graduates can embark on careers as financial analysts. These professionals assess the financial health of organizations, evaluate investment opportunities, and provide insights to support sound financial decisions.

Investment Banking: Many students aspire to work in investment banking, and this program can be a stepping stone. Graduates often secure roles as investment banking analysts, working with financial institutions to manage mergers, acquisitions, and capital raising.

Corporate Finance: UMass Boston's M.S. in Finance program prepares students for roles in corporate finance. They can become financial managers or financial controllers within organizations, managing budgets, investments, and financial planning.

Risk Management: With a strong understanding of finance, graduates are well-suited for careers in risk management. This includes roles in credit risk assessment, market risk analysis, and operational risk management.

Asset Management: Asset managers oversee investment portfolios on behalf of clients or organizations. Graduates may work for asset management firms, pension funds, or insurance companies in this capacity.

Financial Planning: Financial advisors help individuals and families plan for their financial future. Graduates can seek the Certified Financial Planner (CFP) certification and provide personalized financial advice to clients.

Hedge Funds and Private Equity: UMass Boston's program equips students for roles in hedge funds and private equity firms, where they can assess investment opportunities, manage portfolios, and help clients achieve their financial goals.