QS Rank:

89

Pennsylvania State University

Pennsylvania
,United States

Program Rank

36

Program Name
Masters in Finance

Deadline
April 01st, 2025
Overview

The Master of Finance program at Pennsylvania State University stands out as a premier choice for students aspiring to excel in the field of finance. This rigorous program is meticulously designed to equip students with an in-depth understanding of financial principles, analytical techniques, and practical applications that are critical in today’s dynamic financial landscape. Students will engage in a comprehensive curriculum that covers essential topics such as corporate finance, investment analysis, risk management, and quantitative methods, all while fostering an environment that encourages critical thinking and innovative problem-solving.
The program is structured over a duration of 18 months, during which students will have the opportunity to immerse themselves in a series of specialized courses tailored to develop expertise in niche areas of finance. Courses such as Financial Markets and Institutions, Advanced Financial Management, and Financial Modeling provide students with both theoretical knowledge and practical skills. Furthermore, opportunities to explore elective courses allow students to personalize their education according to their career aspirations and interests, making the learning experience both comprehensive and fulfilling.
One of the hallmarks of the Master of Finance program is the exceptional faculty who bring a wealth of academic and industry experience. Faculty members are not only knowledgeable but are also committed to student success, employing innovative teaching methodologies that engage students in active learning. They encourage collaboration, critical inquiry, and application of theoretical concepts to real-world scenarios. Moreover, faculty are often involved in groundbreaking research, providing students with opportunities to participate in research projects that can enhance their learning and professional portfolio.
Research opportunities abound within the program, with access to high-end labs and resources that facilitate extensive exploration of financial topics. Students can engage in ambitious projects and collaborate with faculty on published research, thereby gaining firsthand experience in scholarly inquiry and practical applications. This exposure not only enhances academic credentials but also cultivates a deeper understanding of the complexities of financial systems. The program strives to foster creative and independent researchers who are capable of contributing valuable insights to the field.
Furthermore, the Master of Finance program is strategically positioned to leverage Penn State's extensive network of industry connections, which is vital for securing internships and job placements. The Smeal College of Business has established relationships with leading financial institutions, corporations, and organizations, providing students with access to a plethora of internship opportunities that are instrumental in gaining practical experience. The college also hosts career fairs, networking events, and workshops that connect students with potential employers and industry professionals, ensuring that graduates are well-prepared for the competitive job market.
Upon graduation, students can expect to pursue a variety of lucrative career pathways in sectors such as corporate finance, investment banking, risk management, and financial consulting. The program boasts a high graduation rate of 85% and graduates have been reported to earn a median base salary of $110,000, reflecting the strong demand for finance professionals. Job roles that graduates typically fill include Financial Analyst, Director of Finance, Healthcare Finance Manager, and Financial Manager, among others.
Alumni of the Master of Finance program have gone on to achieve remarkable success in their respective fields, often reflecting on how the program equipped them with the necessary skills and knowledge to excel. Testimonials highlight the transformative learning experience, emphasizing the supportive environment and the real-world applicability of the concepts learned. These success stories serve as a testament to the effectiveness of the program and its commitment to student achievement.
In addition to its robust curriculum and faculty expertise, the Master of Finance program at Penn State distinguishes itself through unique features that enhance the overall educational experience. Students benefit from small class sizes, which foster personalized attention and meaningful interactions between faculty and peers. The program emphasizes ethical decision-making and sustainability in finance, preparing students to navigate the complexities of the global economy responsibly.
To apply to the Master of Finance program, prospective students must meet specific eligibility criteria, including a minimum GPA of 3.0 on undergraduate coursework. Students are required to submit an application fee of $65 along with essential documentation such as transcripts, resumes, letters of recommendation, and a personal statement. English proficiency must be demonstrated through standardized tests such as the IELTS or TOEFL. The application process is transparent, with deadlines that ensure adequate time for review and preparation.
Why Study Finance at Pennsylvania State University?
- Globally Ranked Program: Consistently recognized among the best finance programs worldwide, ensuring high-quality education.
- Expert Faculty: Learn from industry leaders and accomplished researchers who engage students in a collaborative learning environment.
- Extensive Alumni Network: Join a vast community of successful alumni who provide mentorship and networking opportunities.
- Internship and Employment Opportunities: Access to a wide range of internships and career placements through strong industry connections.
- Diverse Learning Environment: A vibrant community with a commitment to diversity, fostering a rich educational experience.

Total Tuition Fees
$75,000

Duration
18 Months

Median Salary
$1,10,000
Ranking
#80
US World and News Report
#89
QS World University Rankings

Intake
Fall ( Sept - Nov )
Class Profile

Class Size
20

Average Age
26

Average Work Experience
2 Years
Diversity
International:
5%Others:
5%New Jersey:
15%New York:
10%Pennsylvania:
65%Career Outcomes

Median Earnings After Graduation
$1,10,000 / year

Graduation Rate
85%
Prospective Job Roles
Corporate Finance
China Finance Analyst
Healthcare Finance Manager
Property Finance Analyst
Financial Analyst
Finance
Manager of Finance
Director of Finance
Sports Finance
Financial Planner
Trade Finance Analyst
Financial Manager
Finance Manager
Top recruiters















Eligibility Criteria

At least 3 / 4 undergraduate GPA is expected.
English Proficiency Tests
IELTS
6.5
TOEFL
80
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: 65
Transcript
GRE
Passport
Statement of Purpose
Resume
Class 12 Marksheets
Class 10 Marksheets
Academic LOR
Application Deadlines
Secondary Deadline | Round 3 | Final Deadline | |
---|---|---|---|
Fall | Dec 1, 2024 | Feb 1, 2025 | Apr 1, 2025 |
Fees and Funding

Tuition Fees
$50,000 / year

Overall Cost
$75,000 / year
FAQs
A: The J. Jeffrey and Ann Marie Fox Graduate School provides metrics on admission data, GMAT/GRE scores, enrollment, student demographics, time to degree, and degree conferral; more information can be found here.
A: The choice is yours! We provide flexibility for students, many of whom may be using tuition benefits from their employer or financing their studies on their own. Students can take up to eight years to complete a degree program, and up to three years to complete a graduate certificate. Students who pursue the MFIN program can complete the program in as little as two to three years; on a full-time basis the program can be completed within 15-18 months.
A: Yes, this program is STEM designated, allowing 36 months total of Optional Practical Training (OPT) compared to 12 months for non-STEM degrees.
Ready to elevate your study abroad journey?
Book a call with us now and take the first step towards your global future!