logo
  • uni logo

QS Rank:

verified

324

uni logo

University of Miami

flag

Florida

United States

icon

Program Rank

tooltip

51

Embarking on a journey through the Master of Science in Finance at the University of Miami equips students with the essential skills and knowledge to thrive in one of the most dynamic sectors of the global economy. This STEM-designated program is strategically situated in Miami, the second-largest financial hub in the United States, providing unparalleled access to a rich tapestry of financial institutions, including over 60 international banks and more than 100 alternative investment companies. The city is quickly becoming a hotspot for innovation, entrepreneurship, startups, and organizations specializing in Fintech, hedge funds, and private equity. As such, students not only gain a robust academic foundation but also the confidence and practical exposure needed to make critical financial decisions in today’s complex landscape.

The curriculum is thoughtfully designed to meet the evolving demands of the finance industry. Students can tailor their educational journey by selecting specialized course clusters that align with their career goals and interests. Options include Financial Analytics, Fintech, Corporate Finance, Investment & Portfolio Management, International Finance, Psychology of Financial Markets, Real Estate Investment, Sustainable Finance, and Wealth Management. This flexibility ensures that graduates leave the program well-rounded and equipped with diverse skill sets that are highly sought after in the marketplace.

At the heart of the program is a commitment to fostering innovative thinking and leadership within the finance sector. The faculty comprises world-class experts who bring extensive international experience and academic prowess, having earned PhDs from prestigious institutions globally. Their diverse backgrounds, coupled with their connections to Wall Street and major global financial markets, provide students with insights that are both theoretically rich and pragmatically applicable. This combination of knowledge and experience sets the stage for a transformative academic experience, allowing students to understand real-world financial challenges while developing actionable solutions.

Research opportunities and resources available through the Miami Herbert Business School further distinguish this program. Students have access to cutting-edge financial modeling tools and data analytics resources that enhance their learning and research capabilities. Opportunities to engage in collaborative research projects with faculty members not only bolster academic understanding but also augment career readiness by allowing students to engage with current financial issues and trends. Involvement in the Student Managed Investment Fund offers practical experience in investment decision-making, simulating real-world scenarios that reinforce classroom learning.

The robust network of industry connections cultivated by the program is another vital component of the Master of Science in Finance. Students are encouraged to participate in internships where they can gain hands-on experience and make valuable connections in the finance sector. The program's strong relationships with leading firms such as JP Morgan, Citibank, Goldman Sachs, EY (Ernst & Young), Deloitte, and Banco Santander provide students with direct pathways to lucrative career opportunities upon graduation.

Graduates of the program are well-positioned to enter a wide range of prestigious roles, including Tax Auditor, Financial Analyst, Accountant, Auditor, Investment Banker, Property Accountant, Management Accountant, Certified Public Accountant (CPA), and Trade Finance Analyst. With an impressive job placement percentage of 80% and a graduation rate of 83%, the program has a proven track record of producing successful finance professionals. Alumni have gone on to achieve remarkable success in their respective fields, contributing to a strong and engaged alumni network that benefits current students.

Unique features of the Master of Science in Finance program at the University of Miami include the Bridge to MSF program, designed specifically for students who do not have an undergraduate finance background. This program ensures that all students, regardless of their prior academic experience, acquire the fundamental finance knowledge necessary to excel in the field. With an expedited completion timeline of just 10 months and courses offered Monday through Thursday, students can immerse themselves fully in their studies while maintaining a balance with their professional commitments.

In terms of admission requirements, prospective students are required to submit an application fee, official transcripts, a resume, and academic letters of recommendation. International applicants must also provide proof of English proficiency through TOEFL or IELTS scores, with minimum required scores of 94 and 7.0 respectively. The program encourages a diverse cohort, and a competitive acceptance rate of 19% ensures that only the most qualified candidates are selected.

Why Study Master of Science in Finance at University of Miami

  • Located in Miami, a burgeoning financial hub, offering unique access to a plethora of banking and investment firms.
  • STEM-designated program, enhancing employability and potential for OPT extensions for international students.
  • Rich curriculum with customizable course clusters, allowing students to specialize in areas aligning with their career aspirations.
  • World-class faculty with significant industry experience, ensuring a blend of theoretical and real-world perspectives.
  • Access to hands-on learning through the Student Managed Investment Fund, providing practical investment management experience.
  • Strong industry connections facilitating internships and job placements with top-tier finance companies.
  • Diverse student body promoting international perspectives and networking opportunities.
  • Established alumni network contributing to mentorship and career support for current students.
intake

Total Tuition Fees

$88,215

intake

Duration

10 Months

intake

Median Salary

$63,485

Ranking

icon

#253

US World and News Report

icon

#194

The World University Rankings

icon

#324

QS World University Rankings

intake

Intake

Spring ( Apr - June )

Class Profile

intake

Class Size

30

intake

Average Age

25

intake

Average Work Experience

2 Years

Diversity

California:

15%

Illinois:

5%

New York:

10%

Texas:

8%

Florida:

45%

Others:

17%

Career Outcomes

Surround yourself with success and make the kinds of connections that will propel your career. Learn alongside a diverse group of carefully selected peers who not only share your same passion, but also bring a wide range of new perspectives.

The MS in Finance is an option for those with or without work experience and even those without a finance undergraduate degree. Non-finance majors will receive the finance training they need through our unique Bridge to MSF program


MS in Finance program graduates have launched their post-graduate careers within the following companies:

  • JP Morgan
  • Citibank
  • Goldman Sachs
  • EY (Ernst & Young)
  • Deloitte
  • Banco Santander
  • IDB Bank
  • Nomura International
  • Alliance Bernstein
  • Royal Caribbean Group
intake

Median Earnings After Graduation

$63,485 / year

intake

Graduation Rate

83%

intake

Job Placement

80%

Prospective Job Roles

Tax Auditor

Financial Analyst

Accountant

Auditor

Investment Banker

Property Accountant

Management Accountant

Certified Public Accountant (CPA)

Trade Finance Analyst

Top recruiters

logo
logo
logo
logo
logo
logo
logo
logo
logo
logo

Eligibility Criteria

English Proficiency Tests

  • IELTS

    7

    tooltip
  • TOEFL

    94

    tooltip

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.

intake

Application Fee: 100

  • intake

    Transcript

  • intake

    GRE

  • intake

    GMAT

  • intake

    Resume

  • intake

    Academic LOR

  • intake

    TOEFL

  • intake

    IELTS

  • intake

    WES/ECE evaluation

  • intake

    Interview

Application Deadlines

Standard DeadlineFinal Deadline
SpringDec 1, 2024N/A
FallN/AJun 1, 2024

Fees and Funding

intake

Tuition Fees

$88,215 / year

intake

Overall Cost

$1,18,215 / year

Funding Options

Department Funding

Scholarships

All admitted applicants are considered for merit-based scholarship opportunities, and candidates are informed of the scholarship decision at the point of admission. The assessment criteria are the same as those used for the admissions decision but at a more competitive level. There is no separate application process for these scholarship awards. For information on scholarships, click here.

International students are not eligible to receive federal financial aid, which includes Stafford and Perkins loans. However, international students may qualify for private loans if they have a U.S. co-signer. 

You're not alone in this process. The UM student financial services team is here to help and is dedicated to helping our students afford their graduate education. Below are helpful links as you navigate the financing of your degree:

FAQs

  • Miami Herbert offers a limited number of application fee waivers. To qualify, applicants are encouraged to register and attend one of our virtual informational events in which participants gain time-saving tips for completing the application and are eligible to receive an application fee waiver code. Please check our latest e-newsletter for an upcoming workshop or email [email protected]. Be sure to include your full name, date of birth, and BusinessCAS ID number if you have already started your application.

  • Please submit all documents related to transcripts through the BusinessCAS portal. You are encouraged to upload your unofficial transcripts in BusinessCAS to expedite your application evaluation while we wait for your required official transcripts. Transcripts to be requested include any coursework done at community colleges, junior colleges, extension programs, post-secondary schools, colleges, universities and other institutions. Miami Herbert’s Graduate Business Programs office no longer receives transcripts, diplomas or evaluations. Please request official transcripts to be sent to: BusinessCAS Transcripts Processing Center P.O. Box 9221 Watertown, MA 02471 Applicants who received a degree from an international university should follow all instructions within the BusinessCAS portal. Request official evaluation of transcripts from all previously attended non-U.S. institutions to be sent to BusinessCAS using World Education Services (WES) within the application. Evaluations must include the photocopy of the diploma and an official certified English translation of both the transcripts and the diploma. In addition, an official transcript in a sealed envelope from the attended university must be included, otherwise, WES will not consider the transcripts official.

  • The enrollment fee of $2,200 is required in order to save an admitted applicant’s seat in the respective program of acceptance. The fee supports graduate student services and is not applied toward tuition. It is non-refundable and non-transferable.

  • Surround yourself with success and make the kinds of connections that will propel your career. Learn alongside a diverse group of carefully selected peers who not only share your same passion, but also bring a wide range of new perspectives. The MS in Finance is an option for those with or without work experience and even those without a finance undergraduate degree. Non-finance majors will receive the finance training they need through our unique Bridge to MSF program.

Ready to elevate your study abroad journey?

Book a call with us now and take the first step towards your global future!

Connect with us on our social media

  • icon
  • icon
  • icon
  • icon