QS Rank:
![verified](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FqsRank.cd47fa49.png&w=3840&q=75)
10
![uni logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Funiversity%2Flogo%2Fthe-university-of-chicago.jpg&w=3840&q=75)
The University of Chicago
Illinois
,United States
![icon](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FprogramName.749faf36.png&w=3840&q=75)
Program Rank
![tooltip](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FtooltipGrey.3384606c.png&w=3840&q=75)
21
![icon](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FprogramName.749faf36.png&w=3840&q=75)
Program Name
Master in Finance (Banking)
![icon](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fdeadline.c0f6e1f1.png&w=3840&q=75)
Deadline
January 11th, 2025
Overview
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.
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FtuitionFee.052d410b.png&w=3840&q=75)
Total Tuition Fees
$86,250
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fduration.0d9d1888.png&w=3840&q=75)
Duration
15 Months
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fsalary.c28debd2.png&w=3840&q=75)
Median Salary
$87,213
Ranking
#6
US World and News Report
#13
The World University Rankings
#10
QS World University Rankings
Intake
Fall ( Sept - Nov )
Class Profile
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FclassSize.c0ac6fd9.png&w=3840&q=75)
Class Size
150
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fage.6d0554e6.png&w=3840&q=75)
Average Age
25
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fexperience.b940c065.png&w=3840&q=75)
Average Work Experience
2 Years
Aptitude Test Scores
![exam](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fexamtest%2Flogo%2Fgre.jpeg&w=3840&q=75)
Minimum Score
![tooltip](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FtooltipGrey.3384606c.png&w=3840&q=75)
320 / 340
Language Test Scores
![exam](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fexamtest%2Flogo%2Ftoefl.jpeg&w=3840&q=75)
Minimum Score
![tooltip](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FtooltipGrey.3384606c.png&w=3840&q=75)
104 / 120
![exam](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fexamtest%2Flogo%2Fielts.jpeg&w=3840&q=75)
Minimum Score
![tooltip](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FtooltipGrey.3384606c.png&w=3840&q=75)
7 / 9
Diversity
Others:
10%Native American:
1%Hispanic American:
10%International:
19%African American:
9%Asian American:
28%White American:
23%Admissions
Application Deadlines
Fall
Round | Deadline | Decision |
---|---|---|
Priority 1 | Jan 11 | NA |
Standard Deadline | Mar 21 | NA |
Eligibility Criteria
Students must have graduated from or be on track to graduate with an undergraduate degree from an accredited US college or university or its equivalent in another country.
While there are no specific required classes, it is recommended applicants have taken advanced quantitative coursework and have exposure to coding. While there are no specific required classes, it is recommended applicants have taken advanced quantitative coursework and have exposure to coding. Examples include: Linear Algebra, Statistics, Multivariable Calculus, Python, C++.
** An interview may be requested
Application Requirements
What Really Matters When Applying
Passport
Required
GRE
Required
Resume
Required
TOEFL
Required
IELTS
Required
Transcript
Required
Essay
Required
General LOR
Required
Interview
Required
Application Fee
90
Essay Question
Question 1
You will be asked to answer two essay questions as part of the application process. How will the Booth Master in Finance help you achieve your immediate and long-term career goals? (Maximum 300 words.) Graduate education in finance is as much about personal growth as it is about professional development. We’d like to learn more about you outside of the classroom/work environment. Use this opportunity to tell us something about who you are. (Maximum 400 words.) Is there any unclear information in your application that needs further explanation? If so, please use this section to clarify.
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.
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FdollarRed.0906122d.png&w=3840&q=75)
Median Earnings After Graduation
$87,213 / year
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fgraduation.0f609b6e.png&w=3840&q=75)
Graduation Rate
96%
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fexperience.b940c065.png&w=3840&q=75)
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
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fey.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fpwc.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fibm.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fgoogle.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Famazon.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fciti.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fmorgan-stanley.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fbarclays.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fwalmart.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fnovartis.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Felectronic-arts-ea.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fjpmorgan-chase-co.jpeg&w=3840&q=75)
Fees and Funding
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FtuitionFee.052d410b.png&w=3840&q=75)
Tuition Fees
$86,250 / year
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FoverallCostRed.955ed058.png&w=3840&q=75)
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.
Ready to elevate your study abroad journey?
Book a call with us now and take the first step towards your global future!