Master of Science in Finance (MSF) Admissions

Admission to the MSF program is highly competitive. Decisions are based on the individual's previous academic accomplishments, test scores, work experience, academic/personal statement of purpose, resume, demonstrated potential for graduate and professional success, and references.

Application Deadlines

Applications for Spring 2025 will be open on July 1.

Spring 2025Submission deadlineDecision expected
Round 1September 15, 20243 weeks
Round 2
October 20, 20243 weeks
Sept 15
Round 1 Application Deadline
We will start accepting applications for Fall 2025 in August 2024. Please fill out this form if you would like to be notified when we start accepting applications.

Fall 2025Submission deadlineDecision expected
Round 1January 19, 20255 weeks
Round 2March 16, 20255 weeks
Round 3April 20, 20254 weeks
Round 4June 8, 20254 weeks

Application Materials

It’s simple to apply online for the MSF program. To speed up the process, here are the items you’ll need and what you’ll need to do:

1. Begin the Graduate College application: All of the steps below must be completed online through this Graduate College application. Be sure to select your program as Finance, then Finance - MS as degree.

2. Upload your unofficial transcripts: The unofficial transcripts must include applicant's name, institution name, and a transcript legend, grade scale or grade criteria. If you are an international candidate, you need to also include a copy of your certificate of degree or provisional certificate of degree, if this is offered by your institution. If an offer of admission is made, the official transcript(s) are required to be submitted upon arrival to campus. If you've not yet completed your undergraduate degree at the time of application, we will review your application based on the in-progress unofficial transcripts you have uploaded.

3. Submit your GMAT or GRE score: All applicants, domestic or international, are required to take the Graduate Management Admissions Test (GMAT) or the Graduate Record Exam (GRE). Unofficial scores can be loaded into your application, but your official GMAT or GRE scores must be sent directly to the University of Illinois at Urbana-Champaign: Institution Code – 1836. 

4. Send us your English proficiency reports (international students only): All international applicants are required to submit the results of an accepted test as evidence of English proficiency unless they qualify for an exemptionPlease request your official TOEFL/Duolingo reports to be sent electronically to the University of Illinois Urbana-Champaign (Institution Code – 1836). For IELTS scores, you should upload a copy of your official score card.
Please visit the Graduate College’s website for more information on English proficiency requirements.

5. Upload your resume: Your professional resume should include personal information (name, address, telephone number and email address), educational background, work experience (start and end dates for each position and a brief description of responsibilities), internship experience, educational training, professional associations, and leadership experiences. Please limit your resume to one page.

6. Application essays: The Graduate College and the academic program require 3 essays/answers below to be submitted within your application:

Academic Statement of Purpose (300-500 words total): Please write a statement that answers the following questions:

  • How has your academic and professional background, including any professional training, prepared you for graduate study?
  • How will our program help you achieve your intellectual and professional goals?
  • What are your academic interests, and why do you wish to pursue graduate studies in this specific program?

Short Personal Statements 1 & 2 (250 words max each):

  • Please describe any experiences and/or challenges that may have shaped your intellectual and personal development.
  • Provide insight into your potential to contribute to a community of inclusion, belonging, and respect in which scholars with diverse perspectives, abilities, and experiences can learn and collaborate productively and positively.

7. Choose your references: Please choose three references from academic and/or professional sources. Academic references should be from professors whose course(s) you’ve taken, and professional references should come from your supervisors and/or mentors. Once you enter their information into the online application, they will be notified to submit a letter of reference on your behalf.

8. Provide proof of funding and Declaration and Certification of Finances Form (international students only): In order for your visa eligibility document to be issued, we will need appropriate funding documents uploaded directly into your online application. This is not required for application review, but will be needed if you are offered admission.  International students are required to show proof of funding for living expenses in addition to all tuition and fees.

9. Upload a copy of your passport (international students only): In order for your visa eligibility documents to be issued, we will need a copy of your passport information and photo, including dependents, if applicable. You can upload these directly into your online application. This is not required for application review, but will be needed if you are offered admission.  

10. Pay your application fee: For domestic students there is a $70 non-refundable fee to apply and for international students the non-refundable fee is $90. Applications received without payment of this fee cannot be processed. The application fee cannot be refunded.

Admission profile

Fall 2023 
Cohort size130
Average undergraduate GPA3.37
Average GRE/GMAT scores320/680
Undergraduate majors represented
Average years of work experience
Countries represented
Students at table

Apply to the MSF program today!