Master of Finance [M.Fin]
STEM Course
2 years
Full Time
On Campus
Field of Study:
Ranked #51 out of 200 by ARWU Global Ranking 2021
₹50.1 L/Yr
$60,410 /Yr
1 Students Applied
- The Master in Finance program is intended to prepare students for a wide range of careers both inside and outside the financial industry, including financial engineering and risk management, quantitative asset management, macroeconomic and financial forecasting, quantitative trading, and applied research.
- Although the program does not require prior work experience in finance, in recent years having some exposure to finance -- e.g., an internship -- has been essential in an increasingly challenging job market.
- This program has a co-op work option.
- In order to be eligible to participate in a full-time Co-op Work Term, students must meet the GPA requirements.
- The student to faculty ratio is 16:1 which bridges the gap between faculty and students.
- Some of the main courses that students will study in this program are:
- Budget analysis
- Business strategy
- Financial accounting
- Financial reporting
- Forensic accounting
- Information systems
- Career positions may include:
- Corporate Finance
- Public Accounting
- Portfolio Management
- Financial Planning
- Stock Broking
- Risk Management, etc with an average salary of 36,475 USD per year.
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Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For 2024 Intake | |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹5007385 (USD 60410) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | ₹1143882 |
| Food | ₹694618 |
| Personal Expenses | ₹654831 |
| Total Cost | ₹3211158 |
| Health Insurance | ₹248670 |
| Books and supply | ₹179042 |
| Miscellaneous expenses | ₹290115 |
Eligibility & Entry Requirement
| Acceptance Rate | 5% |
| Graduation | A graduate degree in any of these areas like applied mathematics, economics, finance, engineering, physics, and computer science can be a plus, but it is not necessary. |
| English Language Proficiency Score | IELTS - 8.0 | TOEFL iBT - Listening 28, Reading 29, Speaking 24, and Writing 27 |
| GMAT/GRE Scores | The program does not require prior work experience, although it can be a plus at minimum applicant must have at least one or two years of full-time work or Internship experience |
| Documents Required |
|
| Application Fee | USD 75(6162 INR) |
| Applications Deadline | April 15th, 2023 |
| Offer Acceptance time | It takes minimum four to six weeks |
Scores Required
Required Document List
The Documents required are:
- Online application form, including SEAS Supplemental form
- College Transcripts - The marks statement provided by the education board after completion of the previous academic qualifications.
- Financial Documentation - The Proof that shows the financial background of the student.
- Letter of Recommendation - This shows who recommended the student to pursue the degree.
- Statement of Purpose - This is an essay or any written statement written by the student while applying.
- Resume/CV - This provides a summary of the experience and skills of the student.
Course Guides
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
Masters in Finance in USA: Top Colleges, Fees, Funding, Jobs, Scholarships
MBA in Finance in USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
VISA & Work Study
VISA
Outlines for the Visa application process:
- When a new international student comes to Harvard University from outside the United States using a visa sponsored by Harvard University. All student visas sponsored by Harvard University require both a visa document issued by the Harvard International Office and a visa from a U.S. embassy or consulate outside the United States.
- Canadian citizens only need a visa document and do not need a visa from a U.S. embassy or consulate.
- Students can apply for different types of visas such as J-Scholar Visa, H-1B Visa, O-1 Visa, TN Visa, E-3 Visa, B Visa & ESTA.
Work Study
The primary benefit for students who are eligible for Federal Work-Study Program is that their federally-subsidized wages can allow them to pursue a wider range of employment opportunities to fulfill their term-time work expectations, particularly with employers who wouldn't otherwise be able to hire a student worker. Here are some examples of employers for which Federal Work-Study Program-eligible students can work with:
- On-Campus Jobs: Students can use Federal Work-Study Program funds for any on-campus position.
- Off-Campus Jobs: The following off-campus employers qualify for the Federal Work-Study Program:
- Recognized 501(c)3 non-profit organizations (i.e. shelters, hospitals, youth organizations, etc.)
- State, local, and federal government agencies
- For-profit organizations whose business activity is related to the student's concentration
- Positions at religious organizations that do not involve constructing, operating, or maintaining any part of a building used for religious worship or sectarian instruction. For example, students can work at a church that is operating a homeless shelter but can not assist a religious leader in making a space ready for religious service.
Career and Placement after Course
- Corporate Finance
- Public Accounting
- Portfolio Management
- Financial Planning
- Stock Broking
- Risk Management
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Young Women in Public Affairs Award | Scholarship per student₹ 3.3 L/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student₹ 1.7 L/Yr$2,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Young Professionals Program | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Prodigy Finance-GyanDhan Scholarship | Scholarship per student₹ 2.1 L/Yr$2,500 | Level Of StudyMaster | TypeMerit-Based | |
| VueVille Future Technology Scholarship | Scholarship per student₹ 82,890/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Aga khan Foundation Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based |
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Important Dates
| Program | Important Dates |
|---|---|
| B.S Computer Science | Reply Date For Regular Decision (1st May 2024) Reply Date For Single Choice Early Action (1st May 2024) |
| B.A Psychology | Reply Date For Regular Decision (1st May 2024) Reply Date For Single Choice Early Action (1st May 2024) |
| B.A Economics | Reply Date For Regular Decision (1st May 2024) Reply Date For Single Choice Early Action (1st May 2024) |
| B.Arch | Reply Date For Regular Decision (1st May 2024) Reply Date For Single Choice Early Action (1st May 2024) |
| B.A English | Reply Date For Regular Decision (1st May 2024) Reply Date For Single Choice Early Action (1st May 2024) |
| B.S Operations Research and Financial Engineering | Reply Date For Regular Decision (1st May 2024) Reply Date For Single Choice Early Action (1st May 2024) |
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