M.S. in Finance

Entry Requirements for International Students at Hofstra University

Application Fees : US $75

1. Academic Qualifications: For admission to postgraduate programs at Hofstra University, international students need to hold a bachelor's degree or its equivalent from a recognized institution. The university may specify certain academic requirements based on the program of interest.

2. Minimum GPA Requirement: A common entry requirement for postgraduate programs at Hofstra University is a minimum GPA (Grade Point Average) of 65% or above. 

3. English Language Proficiency: 

   • IELTS: An overall score of 6.5 with no individual band score less than 6.
   • DET (Duolingo English Test): A minimum score of 120.
   • PTE (Pearson Test of English): A score of 53 or higher.
   • TOEFL iBT: A minimum overall score of 80.
      

4. Standardized Test Requirements: 

   • GMAT (Graduate Management Admission Test): A minimum GMAT score of 510 is required.

Scholarships for International Students at Hofstra University

1. Global Scholars Program: The Global Scholars Program at Hofstra University is designed to recognize and support outstanding international students who demonstrate academic excellence, leadership skills, and a commitment to making a positive impact in their communities. The scholarship covers a significant portion of tuition costs.

2. International Student Scholarship: Hofstra University may offer merit-based scholarships to international students based on their academic achievements and potential. These scholarships aim to attract and reward students who have demonstrated exceptional academic performance.

3. Phi Theta Kappa Scholarship: International transfer students who are members of the Phi Theta Kappa Honor Society may be eligible for a special scholarship at Hofstra University. This scholarship recognizes the achievements of transfer students who have excelled in their previous academic pursuits.

4. Graduate Assistantships: Graduate students at Hofstra University may have the opportunity to apply for graduate assistantships. These positions often involve working with faculty members or departments while receiving a stipend or tuition reduction. Graduate assistantships provide valuable professional experience alongside financial support.

5. Endowed Scholarships: Hofstra University has various endowed scholarships that international students can apply for. These scholarships may be specific to certain academic disciplines, extracurricular achievements, or other criteria. Students are encouraged to explore the specific eligibility requirements for each endowed scholarship.

6. International Student Work Opportunities: While not a traditional scholarship, Hofstra University provides international students with opportunities for on-campus employment through the International Student Affairs Office. These work opportunities can help students gain valuable work experience while earning income to support their education.

7. Hofstra Cultural Ambassador Scholarship: The Cultural Ambassador Scholarship is designed to recognize students who actively contribute to promoting cultural understanding and diversity on campus. Recipients of this scholarship may be involved in organizing cultural events, participating in international clubs, or engaging in activities that foster a global community at Hofstra.

8. Athletic Scholarships: International students with exceptional athletic talents may be eligible for athletic scholarships offered by Hofstra University. These scholarships are typically awarded to student-athletes who demonstrate outstanding skills and contribute to the university's athletic programs.

9. External Scholarships: Hofstra University encourages international students to explore external scholarship opportunities, including those offered by government agencies, private organizations, and foundations. The International Student Affairs Office may provide guidance on external scholarship options.

10. Need-Based Financial Aid: In addition to merit-based scholarships, Hofstra University may provide need-based financial aid to international students. The university's financial aid office can assist students in determining their eligibility for various financial aid programs.

The Master of Science (M.S.) in Finance program at Hofstra University provides graduates with a solid foundation in financial principles and analytical skills, positioning them for diverse and rewarding career opportunities across various sectors. The program's strong emphasis on practical learning, STEM designation, and industry connections equips students with a competitive edge in the dynamic field of finance. Hofstra University's extensive alumni network, industry partnerships, and career services support further enhance the career prospects for M.S. in Finance graduates, facilitating connections with employers and opening doors to a wide range of opportunities in the financial landscape.

1. Financial Analyst Roles: Graduates are well-prepared for roles as financial analysts, where they conduct thorough analyses of financial data, trends, and market conditions. They play a crucial role in guiding investment decisions, assessing risks, and providing financial insights to organizations.

2. Investment Banking: With a robust understanding of financial modeling, valuation techniques, and capital markets, M.S. in Finance graduates are sought after for positions in investment banking. They may work in mergers and acquisitions (M&A), underwriting, or corporate finance, playing pivotal roles in complex financial transactions.

3. Risk Management: The program's focus on risk management prepares graduates for careers in assessing and mitigating financial risks. They can pursue roles as risk analysts, credit risk managers, or risk consultants in financial institutions, ensuring that organizations navigate potential risks effectively.

4. Corporate Finance: Graduates are equipped to take on roles in corporate finance, working within organizations to optimize financial strategies, manage budgets, and contribute to decision-making processes. They may become financial managers, controllers, or treasurers in various industries.

5. Financial Technology (FinTech): With a dedicated focus on FinTech, graduates are well-suited for careers in this rapidly evolving sector. They can explore opportunities in areas such as blockchain, algorithmic trading, financial analytics, and digital finance, contributing to technological advancements in finance.

6. Asset Management: Graduates can pursue careers in asset management, working for investment firms, hedge funds, or pension funds. They analyze investment portfolios, assess performance, and make strategic recommendations to maximize returns for clients.

7. Consulting: The analytical and problem-solving skills acquired during the program make graduates valuable contributors in consulting roles. They may work for financial consulting firms, advising clients on financial strategies, operational efficiency, and investment decisions.

8. International Finance: The program's global perspective prepares graduates for careers in international finance. They can work for multinational corporations, global banks, or international financial institutions, navigating the complexities of global markets and international regulations.

9. Quantitative Finance: Graduates with a quantitative focus can pursue careers in quantitative finance, leveraging mathematical models and statistical techniques to inform investment strategies. They may work as quantitative analysts or researchers in financial institutions.

10. Entrepreneurial Ventures: Armed with financial expertise and a comprehensive understanding of business, some graduates may choose entrepreneurial paths. They can start their ventures, focusing on financial consulting, investment, or launching FinTech startups.