Name: Master
Price: 86250 USD

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QS Rank:

The University of Chicago

Illinois

United States

Program Rank

Overview

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The Master in Finance Program is for accomplished recent college graduates in quantitative fields of study who are searching for a Masters degree that builds on their analytical aptitude and allows them to start a career in finance with a competitive advantage over their peers. Learn more about our Master in Finance admissions criteria.

Total Tuition Fees

$86,250

Duration

15 Months

Median Salary

$87,213

Ranking

US World and News Report

#13

The World University Rankings

#10

QS World University Rankings

Intake

Fall ( Sept - Nov )

Class Profile

Class Size

150

Average Age

Average Work Experience

2 Years

Diversity

Others:

10%

Native American:

Hispanic American:

10%

International:

19%

African American:

Asian American:

28%

White American:

23%

Career Outcomes

At Booth, we’ve designed a Master in Finance Program that will provide you with a broad finance education, so that you’re well-prepared with the hard and soft skills necessary to navigate the intricacies of this multidisciplinary industry.

Our rigorous and transformative MiF Program is for accomplished recent college graduates in quantitative fields of study. Learning from the world’s top finance scholars, you will build on your existing quantitative background and develop the skills that today’s finance companies seek.

You’ll develop the analytical and practical tools necessary to excel in the finance jobs of the future. Career development is woven throughout your experiencestarting even before classes do and experiential opportunities such as internships and a Booth-sponsored finance speaker series held throughout the year will help you build experience and connections.

Median Earnings After Graduation

$87,213 / year

Graduation Rate

96%

Job Placement

94%

Prospective Job Roles

Senior Finance Manager

Corporate Finance Manager

Financial Advisor

Finance

Director of Finance

Finance Director

Financial Planner

Corporate Finance Analyst

Financial Engineer

Investment Analyst

Corporate Finance

Top recruiters

Eligibility Criteria

English Proficiency Tests

TOEFL
104
IELTS
7

Standardised Test Score

GRE
320

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: 90

Transcript

Passport
GRE
Resume
TOEFL
IELTS
Essay
191
General LOR
Interview

Application Deadlines

	Priority 1	Standard Deadline
Fall	Jan 11, 2025	Mar 21, 2025

Fees and Funding

Tuition Fees

$86,250 / year

Overall Cost

$1,14,609 / year

Funding Options

Department Funding

Scholarships

All students are automatically considered for merit-based scholarships, regardless of their financial situation. There is no separate application required. Exemplary students are selected to receive University merit scholarships based on outstanding academic achievement, extracurricular achievement, demonstrated leadership, and commitment to their communities.

The University of Chicago Booth School of Business
The Chicago Scholarship Foundation
University of Chicago
University of Chicago Alumni Association Scholarship
University of Chicago President's Scholarship

FAQs

Our MiF Program is for recent college graduates in quantitative fields of study with limited work experience—curious and highly analytical thinkers who are passionate about finance and searching for a master’s degree that is challenging and transformative. Our MBA Programs provide students with a rigorous business education rooted in the fundamentals of business (accounting, economics, psychology, sociology, and statistics), preparing them for a wide range of careers both inside and outside of finance.
We offer three specializations: Asset Management, Investment Banking, or Fintech. We recommend that you choose a specialization, but we do not require it.
The Master in Finance degree is designated STEM-eligible for Optional Practical Training (OPT) purposes. International graduates on F-1 student visas who earn a Chicago Booth masters degree may be eligible to apply for an additional 24 months of training through work experience.