Applying to the Ph.D. in Financial Services Analytics

The program admits students every other year, in even-numbered years. The next class of students will start Fall 2024.

Deadline: The application deadline is May 1 for fall admission. Students seeking financial aid should complete their applications by February 1, but late applications are considered if funds are available.

1. Application Fee

A $75 application fee is due when you submit your online application.

2. Bachelor’s Degree

A four-year U.S. bachelor’s degree or equivalent is required in any academic field from an accredited college or university with a GPA of 3.0 on a 4.0 scale.

3. Transcripts

Unofficial transcripts of all undergraduate and graduate coursework are required with your application. Do not mail official transcripts during the applicant stage. An English translation must accompany transcripts issued in a language other than English.

4. Resume

A resume or curriculum vitae is required to document your prior work experience, publications, honors and awards received and to summarize your educational credentials.

5. Prerequisites

Candidates for admission need not have majored in any specific field, but well-qualified students will have:

• Strong written and oral communication skills
• Substantial quantitative coursework and/or hands-on experience with software development

6. GRE or GMAT Scores

GRE and GMAT test scores are both acceptable. You need at least the following scores to be competitive:

GRE

• Quantitative: 163
• Verbal + Quantitative: 307

GMAT

• Quantitative Raw Score: 50
• Total Score: 670

If GRE/GMAT scores are not submitted, the applicant must submit other evidence that demonstrates his/her quantitative and qualitative capabilities and research credentials.

7. Personal Statement

Submit a personal statement or essay which answers the following questions:

1. What educational background, scientific research or employment experiences have prepared you for this degree program?
2. What are your long-term professional objectives?
3. What specific attributes of the program make you feel that this degree is appropriate to help you achieve your professional objectives?

8. Three Letters of Recommendation

Three letters of recommendation are required. At least one letter must be from a professor, other letters can be from employers or others who have had a supervisory relationship with you and are able to assess your potential for success in graduate studies.

The recommendation forms are emailed directly from your online application using the three names and email addresses you provide. Instructions for returning the completed forms are included in the email.

Tuition

The tuition rate for 2024-2025 is $1,069/credit.

Fees

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. There are no registration fees for the online program. Please visit the Graduate Fees and Financial Aid page in the Graduate Catalog for full details.

The University of Delaware is an ideal place for a great education in a global atmosphere. As an international student, you’ll join fellow students from over 100 countries. Nearly 30% of all the University’s graduate students and approximately 44% of the Lerner College graduate students are internationals.

International Application Requirements

As an international applicant, you must:

• Fulfill all the admissions requirements for domestic students.
• Provide translation and other supporting documents for transcripts.
• Demonstrate English proficiency by doing one of the following:
  • • Submit a TOEFL score of 100 or higher,
    • Submit an IELTS score of 7.5 or higher,
    • Provide proof of having earned a college degree in a country where English is the primary language, or
    • Apply through the Conditional Admission Program (CAP)
  The Graduate & Professional Education office provides more detailed TOEFL information on its test scores page.
• Please note World Education Services (WES) evaluations are no longer accepted.

Conditional Admission Program (CAP)

The MBA Conditional Admissions Program (MBA-CAP) provides international students acceptance into the program without the need to take the TOEFL exam. After completing CAP at the University of Delaware’s English Language Institute (ELI) you begin your MBA coursework. The length of time you will need to study in the ELI depends on your English skills when you enter the program. Please see the Graduate CAP Business Track page on the ELI website for more information.

Graduate Pathways

Graduate Pathways is a one-semester preparation program for international students whose language proficiency approaches the admission requirement (85-99 on the TOEFL iBT or 7.0 on the IELTS). You will take classes in English for graduate studies plus one MBA course with language support from the English Language Institute (ELI). Please see the Graduate Pathways page on the ELI website for more details.

Services for International Students

UD and the Lerner College offer many services to help you, both in class and out.

• The Conditional Admission Program (CAP)
• Graduate student organizations
• International Student and Scholar Services (ISSS)