MBA 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: 

   • GRE (Graduate Record Examination): A minimum GRE score of 295 is required.
   • GMAT (Graduate Management Admission Test): A minimum GMAT score of 470 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.

Graduates of Hofstra University's MBA in Finance program are well-positioned for a diverse range of rewarding career prospects in the dynamic and competitive field of finance. The program's emphasis on quantitative skills, investment management, and financial technology equips graduates with a strong foundation to navigate the complexities of the financial industry. The diverse career prospects underscore the versatility and applicability of Hofstra University's MBA in Finance. Graduates emerge with the skills and knowledge needed to excel in various finance-related roles, making significant contributions to organizations across different sectors. The program's commitment to providing a well-rounded education aligns with the demands of the finance industry, ensuring that graduates are well-prepared for success in their chosen careers.

1. Financial Analyst: Graduates may pursue roles as Financial Analysts, leveraging their quantitative skills to assess financial data, create reports, and provide insights that inform strategic financial decisions. They play a crucial role in supporting organizations with financial planning and analysis.

2. Investment Manager: With a focus on investment management, graduates are well-suited for roles as Investment Managers. They analyze market trends, assess risk, and make informed investment decisions to optimize portfolio performance, whether for individual clients, institutional investors, or investment firms.

3. Corporate Finance Manager: Graduates can excel in Corporate Finance Manager roles, where they oversee financial planning, budgeting, and forecasting for organizations. They contribute to strategic decision-making, manage capital structure, and ensure financial stability within the corporate environment.

4. Risk Manager: The program's emphasis on risk analysis and management prepares graduates for roles as Risk Managers. They identify and evaluate financial risks, implement strategies to mitigate these risks, and ensure compliance with risk management policies and regulations.

5. Financial Consultant: Graduates may choose to work as Financial Consultants, providing expert advice to businesses and individuals. They assist clients in making sound financial decisions, managing investments, and planning for long-term financial success.

6. Financial Technology Specialist (FinTech): With integration of FinTech concepts, graduates are well-equipped to explore careers as FinTech Specialists. They leverage technology to enhance financial processes, develop innovative financial products, and contribute to the digital transformation of the financial industry.

7. Treasury Analyst: Graduates may pursue roles as Treasury Analysts, managing an organization's cash flow, optimizing liquidity, and overseeing financial transactions. They play a vital role in ensuring the financial health and stability of businesses.

8. Mergers and Acquisitions (M&A) Advisor: Given the program's coverage of corporate finance and mergers and acquisitions, graduates are well-suited for roles as M&A Advisors. They facilitate mergers, acquisitions, and other financial transactions, providing expertise on valuation and deal structures.

9. Financial Planner/Advisor: Graduates can pursue careers as Financial Planners or Advisors, working with individuals to create personalized financial plans. They guide clients in areas such as retirement planning, investment strategies, and wealth management.

10. Credit Analyst: With expertise in risk analysis, graduates may explore roles as Credit Analysts. They assess the creditworthiness of individuals or businesses, analyze financial statements, and make recommendations on lending decisions.

11. Hedge Fund Manager: The program's focus on investment management prepares graduates for roles as Hedge Fund Managers. They manage and optimize investment portfolios, making strategic decisions to maximize returns for clients or the fund itself.

12. Chief Financial Officer (CFO): Graduates with aspirations for executive leadership may progress to become Chief Financial Officers. In this role, they lead financial strategy, manage financial operations, and contribute to the overall success and growth of organizations.