M.S. in Finance

Entry Requirements for Postgraduate Programs

Application Fees: US$ 75

1. Academic Requirements:

• International students applying for postgraduate programs at UMass Lowell are required to have a minimum undergraduate GPA of 3.0 on a 4.0 scale or its equivalent. This typically translates to a percentage of 70% and above in their previous academic studies.

2. English Language Proficiency:

• For non-native English speakers, UMass Lowell requires proof of English language proficiency through standardized tests like IELTS or TOEFL. The minimum required scores are as follows:
  • IELTS: An overall score of 7.0 with no individual band score below 6.5.
  • TOEFL iBT: An overall score of 79.
  • DET: An overall score of 115.

3.  WES evaluation Required

UMass Lowell recognizes the importance of attracting and supporting talented international students, and as such, offers various scholarships and financial aid opportunities to help offset the cost of education. These scholarships are awarded based on academic merit, leadership qualities, and other criteria to deserving international students pursuing undergraduate and postgraduate programs at the university.

1. Chancellor's Scholarship: The Chancellor's Scholarship is a prestigious merit-based scholarship offered to exceptional international students with outstanding academic records and leadership potential. Recipients of this scholarship receive substantial financial support to cover a significant portion of their tuition expenses.

2. Dean's Scholarship: The Dean's Scholarship is awarded to high-achieving international students based on their academic achievements and contributions to their communities. This scholarship recognizes students who demonstrate exceptional potential in their chosen field of study.

3. International Student Merit Scholarship: The International Student Merit Scholarship is designed to support academically talented international students pursuing undergraduate or postgraduate programs at UMass Lowell. The scholarship amount varies and is based on the student's academic performance and overall profile.

4. Global Excellence Scholarship: The Global Excellence Scholarship is awarded to international students who have demonstrated academic excellence and have a strong commitment to contributing positively to the UMass Lowell community. This scholarship recognizes students who embody the values of global citizenship and leadership.

5. UMass Lowell Merit Scholarships: Apart from specific scholarships for international students, UMass Lowell also offers a range of merit scholarships that international students may be eligible for. These scholarships are awarded based on academic achievements, extracurricular involvement, and other criteria.

6. Donor-Funded Scholarships: UMass Lowell has various donor-funded scholarships that provide financial assistance to international students from specific countries or regions. These scholarships may be awarded based on the country of origin, academic achievements, or other specific criteria defined by the donors.

Application and Eligibility: International students are automatically considered for scholarships upon applying for admission to UMass Lowell. Scholarships are awarded based on the students' academic records, achievements, and potential contributions to the university community. It is essential for international students to review the specific scholarship criteria and deadlines to ensure they meet the eligibility requirements.

The Master of Science (M.S.) in Finance program at the University of Massachusetts Lowell (UMass Lowell) opens up a plethora of exciting and lucrative career prospects for graduates. With a strong foundation in finance principles and practical skills, graduates are well-prepared to excel in various finance roles in diverse industries and sectors.

1. Financial Analyst: Graduates can pursue careers as financial analysts, analyzing financial data, evaluating investment opportunities, and providing insights to support strategic decision-making.

2. Investment Manager: With expertise in investment analysis and portfolio management, graduates can work as investment managers, overseeing and optimizing investment portfolios for clients or organizations.

3. Corporate Finance Manager: Graduates may work in corporate finance departments, managing financial planning, budgeting, and capital allocation for companies.

4. Financial Consultant: Graduates can work as financial consultants, providing expert advice to individuals or businesses on financial planning, investment strategies, and risk management.

5. Risk Analyst: With a focus on risk management, graduates can work as risk analysts, identifying and assessing financial risks and developing strategies to mitigate them.

6. Financial Planner: Graduates can pursue careers as financial planners, helping individuals and families create personalized financial plans to achieve their financial goals.

7. Treasury Analyst: Graduates with expertise in cash management and liquidity can work as treasury analysts, managing cash flow and optimizing financial resources for organizations.

8. Credit Analyst: Graduates can work as credit analysts, assessing the creditworthiness of individuals or businesses and determining appropriate lending terms.

9. Financial Controller: With knowledge of financial reporting and analysis, graduates may work as financial controllers, overseeing accounting and finance operations for organizations.

10. Mergers and Acquisitions (M&A) Analyst: Graduates can work in M&A roles, conducting financial due diligence and providing valuation analysis for potential acquisitions or mergers.

11. Financial Operations Manager: Graduates with a focus on financial operations can work as financial operations managers, optimizing financial processes and ensuring efficiency.

12. Financial Compliance Officer: Graduates can work in financial compliance roles, ensuring that organizations adhere to financial regulations and reporting standards.

13. Financial Institutions: Graduates can work in banks, investment firms, asset management companies, and other financial institutions, contributing to their growth and success.

The M.S. in Finance program at the University of Massachusetts Lowell opens up diverse and rewarding career prospects for graduates in the finance industry. With a solid understanding of finance principles, investment analysis, risk management, and financial planning, graduates are well-equipped to excel in various finance roles across industries. Their skills in financial analysis, strategic decision-making, and risk assessment make them valuable assets to organizations seeking financial expertise. Whether in corporate finance, investment management, risk analysis, or financial consulting, graduates play a vital role in driving financial growth and success for businesses and individuals. The strong emphasis on practical learning and real-world applications ensures that graduates are well-prepared to face the complexities of the finance industry and make meaningful contributions to the financial well-being of organizations and clients alike.