Master of Science in Finance Admissions
Applications are accepted at any time up until a week before classes begin and you may begin in the fall, summer or spring semesters. Applicants are considered for admission on a rolling basis. See the general guidelines below for admission deadlines.
Full-time program applicants interested in merit-based funding consideration should apply early as those awards are distributed on a rolling basis typically at or close to the time of admission.
Suggested Application Dates
Domestic applications are accepted after these dates up until a week before classes begin.
Priority consideration for funding: February 1 (first round of funding)
Domestic applicants: August 4
International applicants: June 1
Domestic applicants: May 1
International applicants: Generally not admitted for this term
Priority consideration for funding: October 1
Domestic applicants: January 1
International applicants: November 15
1. Application Fee
A $75 application fee is due when you submit your online application. Waivers are available for qualified students.
2. Bachelor’s Degree
A four-year U.S. bachelor’s degree in any academic field from an accredited college or university with a GPA of 3.0 on a 4.0 scale is required.
Official transcripts of all undergraduate and graduate coursework are required with your application.
Submit a resume or curriculum vitae documenting your prior work experience, publications, honors and awards received and a summary of your educational credentials.
Incoming students are expected to have:
- Strong written and oral communication skills
- An understanding of the fundamentals of finance and accounting concepts (equivalent to FINC311 Principles of Finance, ACCT207 Accounting I and ACCT208 Accounting II)
- Basic computer skills
- Completed college level statistics, calculus and finite mathematics (equivalent to MATH201 Introduction to Statistics I and Math202 Introduction to Statistics II, MATH230 Calculus and MATH221 Finite Mathematics with Applications)
GRE or GMAT Scores
Submit your official results of the Graduate Records Examination (GRE) or the Graduate Management Admissions Test (GMAT). The University of Delaware’s institutional code is 5811. If you have not yet taken the GRE or GMAT, please indicate the scheduled date of your exam on your application. Be sure to submit your exam scores as soon as possible to avoid delays with application processing and the admission decision.
The minimum required GRE combined score is 300 on the verbal and quantitative portions.
The minimum required GMAT score is in the 55th percentile.
GRE and GMAT scores around the 70th percentile are considered competitive.
7. Personal Statement
Submit an application essay (personal statement) on the following topic: specifically, how will an M.S. in finance from the Lerner College of Business and Economics at the University of Delaware help you achieve your professional goals?
8. Two Letters of Recommendation
Submit two letters of recommendation from faculty and/or employers. Letters of recommendation should be completed online or mailed collectively to the Office of Graduate & Professional Education.
If your native language is not English, please solicit at least one recommendation letter from a native English speaker who can attest to your English language skills.
An interview in person or via SKYPE may be requested.
10. International Students: Language Test Requirement
International applicants must submit one of the following:
- Proof of having earned a degree in either the United States or a country where the primary language is English;
- TOEFL score of 100 or higher; or
- IELTS score of 7.5 or higher
The Graduate & Professional Education office provides more detailed TOEFL information.
Applicants lacking English Language proficiency may apply to the University of Delaware English Language Institute’s Conditional Acceptance Program (CAP) in which they will take courses and earn a certificate of proficiency in English language.
Tuition and Fees
All tuition rates and fees are for 2020-2021 (pending final approval).
* Visit the registrar’s website for residency requirements.
All graduate students are responsible for mandatory fees in the Fall and Spring semesters. These fees vary based on whether a student is taking the program on a full-time or part-time basis. Please visit the Graduate Fees and Financial Aid page in the Graduate Catalog for full details.