QS Rank:

355

Indiana University Bloomington

Indiana
,United States

Program Rank

355

Program Name
Master of Science in Finance

Deadline
January 01st, 2025
Overview

The Master of Science in Finance program at Indiana University Bloomington is a premier educational offering that delivers a comprehensive understanding of the multifaceted world of finance. This rigorous program is designed to equip students with the analytical skills and practical knowledge necessary to navigate the complexities of financial markets and institutions. The program holds a prestigious ranking among global finance programs, consistently recognized for its excellence in education and high graduate employability rates. It attracts a diverse cohort of students from around the world, fostering a rich learning environment that encourages collaboration and cross-cultural exchange.
Throughout the program, students will engage with a meticulously crafted curriculum that covers essential finance topics such as asset management, corporate finance, financial analysis, and risk management. Core courses include Financial Markets, Investment Analysis, and Financial Modeling, which provide students with both theoretical knowledge and practical application. Moreover, the program offers electives that allow students to specialize in areas such as financial technology, international finance, and quantitative finance, ensuring that each student can tailor their education to meet their personal career goals.
The Kelley School of Business prides itself on its exceptional faculty, who are not only accomplished scholars but also experienced industry professionals. This unique blend of academic rigor and real-world experience enriches the learning process, as students benefit from faculty members who bring their research and practical insights into the classroom. The faculty's commitment to student success is reflected in their availability for one-on-one mentorship, research collaborations, and guidance in career planning. This supportive academic environment enhances the overall educational experience and prepares students for future challenges in the finance sector.
Research opportunities abound for students within the Master of Science in Finance program. Indiana University Bloomington is equipped with state-of-the-art facilities and resources that encourage innovative research and exploration. Students are encouraged to participate in research projects, often working alongside faculty members, which hones their critical thinking and analytical abilities. Such experiences not only bolster students’ resumes but also deepen their understanding of complex financial problems and solutions.
Furthermore, the Kelley School of Business boasts strong connections with industry leaders, providing students with invaluable networking opportunities. The program offers various internship possibilities that allow students to gain hands-on experience in real-world settings. These internships are instrumental in bridging the gap between academic theory and practical application, ensuring that students graduate well-prepared for their careers. Alumni from the program have successfully transitioned into high-demand roles across various sectors, including investment banking, corporate finance, and financial consulting, often with impressive salaries that reflect their advanced training.
As students progress through the program, they can expect to develop a robust portfolio of skills that are highly sought after by employers. Graduates commonly find themselves in roles such as Financial Analyst, Financial Advisor, and Financial Manager, among others. According to recent statistics, the job placement rate for graduates of the Master of Science in Finance program at Indiana University Bloomington is an impressive 95%, with a median base salary of $78,278, illustrating the program's effectiveness in preparing students for successful finance careers.
Alumni success stories are a testament to the program's impact. Many graduates have advanced to leadership positions within their respective organizations, leveraging the skills and knowledge acquired during their studies. Testimonials from former students highlight not only the academic rigor of the program but also the supportive community and the valuable connections made during their time at Indiana University Bloomington.
Unique features that distinguish this program include its focus on experiential learning, extensive networking opportunities, and access to cutting-edge financial technology. The Kelley School of Business offers state-of-the-art labs equipped with the latest financial software, enabling students to conduct research and simulations that reflect real-world financial scenarios. This hands-on approach ensures that students are not only learning concepts but are also applying them in ways that will prepare them for their future roles in the financial services industry.
Admission to the program requires a strong academic background, and applicants must fulfill several prerequisites. This includes the submission of standardized test scores such as the GRE, and for non-native English speakers, TOEFL or IELTS scores. The application also necessitates essential documents, including a personal statement, a resume, and letters of recommendation. The personal statement is particularly important as it allows candidates to articulate their career aspirations and demonstrate their written communication skills. The program has an acceptance rate of 82%, which reflects its competitive yet accessible nature.
Why Study Finance at Indiana University Bloomington?
- A revered program with a global reputation for excellence in finance education.
- Engage with leading faculty members who bring real-world experience into the classroom.
- Access to state-of-the-art facilities and financial technology resources for hands-on learning.
- Strong connections with prestigious financial institutions offering excellent internship and job opportunities.
- Diverse and inclusive community fostering collaboration among international students.
- A robust alumni network that provides ongoing career support and mentoring opportunities.

Total Tuition Fees
$44,131

Duration
11 Months

Median Salary
$78,278
Ranking
#152
US World and News Report
#170
The World University Rankings
#355
QS World University Rankings

Intake
Fall ( Sept - Nov )
Class Profile

Class Size
47

Average Age
25

Average Work Experience
2 Years
Diversity
Others:
10%International:
5%Illinois:
15%Ohio:
10%Indiana:
60%Career Outcomes

Median Earnings After Graduation
$78,278 / year

Graduation Rate
98%

Job Placement
95%
Prospective Job Roles
Production Assistant
Financial Technology Analyst
Financial Services Manager
Financial Operations Manager
Senior Financial Analyst
Financial Engineer
Financial Advisor
Financial Analyst
Accountant
Pricing Analyst
Financial Manager
Credit Analyst
Financial Controller
Financial Aid Officer
Top recruiters













Eligibility Criteria
English Proficiency Tests
TOEFL
105
IELTS
7.5
Standardised Test Score
GRE
315
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

Application Fee: 70
Passport
Resume
Personal Statement
339
General LOR
GRE
TOEFL
IELTS
Interview
Application Deadlines
Early Deadline | Standard Deadline | |
---|---|---|
Fall | Oct 1, 2024 | Jan 1, 2025 |
Fees and Funding

Tuition Fees
$43,427 / year

Overall Cost
$66,739 / year
Funding Options
Department Funding
Scholarships
A limited number of merit-based fellowships are awarded to entering students as departmental aid. All admitted students are considered for fellowships—there is no separate application. If awarded a fellowship, it will be included in your admission letter. The amount of the award and the number of awards vary each year, and the fellowships cover a portion of tuition costs.
Indiana University Bloomington Graduate School Scholarship
Indiana University Bloomington Alumni Association Scholarship
Indiana University Bloomington Diversity Scholarship
Indiana University Bloomington
Indiana University Bloomington Graduate School Fellowship
Indiana University Bloomington Dean's Scholarship
The Indiana University Bloomington Scholarship
FAQs
GRE scores must be received by student before your file can be reviewed for admission. We suggest that you take the GRE as early as possible, preferably one or two months before the application deadline
A STEM degree usually pertains to Science, Technology, Engineering, or Math. In most cases, finance degrees are not included under it. But the USA offers MS in Finance under the STEM category, offering better visa opportunities for international students.
You must have the equivalent of a four-year US bachelor’s degree, which will be determined by the Office of International Services (OIS) in a bachelor’s degree equivalency review prior to the application being reviewed by the Kelley Direct admissions committee.
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