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Master of Finance Admissions

The Master of Finance program is ideal for students with a bachelor's degree in finance or with a quantitative background. The program thoroughly prepares students for entry and mid-level finance positions with a curriculum that focuses on technical mastery while also providing career and professional development.

Deadlines

The MFIN program will begin accepting applications for Fall 2019 on September 1.

Applications are submitted online and are processed on a rolling admissions basis, meaning they are evaluated as they are received. Below are target deadlines to assist you with planning. We encourage applicants to submit as early as possible.

November 15
January 15
March 1 (Final deadline for international applicants; we highly recommend all application materials, including recommendations, be submitted by this date to ensure sufficient time for visa processing)
May 1
June 1
July 1 (Qualified applications received may be reviewed on a space-available basis)

Scholarships/fellowships are available to qualified candidates, and are granted according to merit. All applicants are automatically considered for scholarships, and applying early generally maximizes the chances of receiving a scholarship/fellowship.

Requirements

Admission to graduate standing in The Paul Merage School of Business is accorded to those possessing an undergraduate degree with an acceptable level of scholarship from an institution of recognized standing.  Applicants for admission will be evaluated on their academic record and potential for leadership as demonstrated in submitted application materials including:

Transcripts

Please upload copies of transcripts for each college and university attended with your online application. Transcripts that are scanned and uploaded to the site are considered unofficial. We will conduct the initial review process with unofficial transcripts, however, if you are selected for an interview, you will need to provide official copies of transcripts from your degree issuing institution. Official transcripts must be received before a final admissions decision can be granted.

Send official copies of transcripts to:

Graduate Division
120 Aldrich Hall
Irvine, CA 92697-3180
grad@uci.edu

Candidates may apply to the program if they hold the equivalent of a four-year US Bachelor's degree. Transcripts from non-US universities should include evidence of degree conferral (proof of graduation). International applicants should refer to the International Applicant page for more specific requirements.

Official GMAT or GRE Score

The GMAT or GRE are not required but strongly recommended for applicants with GPA’s under a 3.3. While these tests are not required, the admissions team is looking for evidence of strong verbal and quantitative skills. Note that GMAT and GRE scores are good for up to five years.

There is no advantage to taking one exam over the other. If you take an exam multiple times, we will take the highest total score that you obtained on that exam. The Admissions Committee does not average exam scores. While there is no minimum GMAT or GRE score to apply, we do expect that applicants will have an overall competitive profile. 
 
GRE scores are valid for up to five years from your test date. Exam results should be sent to UC Irvine institution code: 4859. For more information on the GRE, visit: ets.org/gre

GMAT scores are valid for up to five years from your test date. Exam results should be sent to UC Irvine institution code: 0DP-7R-05. For more information on the GMAT, visit: mba.com

Two Letters of Recommendation

Submissions of letters of recommendations are preferred using the form through our online system. However, letters received in the mail, will be accepted if received in a signed and sealed envelope directly from the recommender.

Statement of Purpose Essay

The specific essay prompt can be found on the application. Please answer the questions within the space limits indicated.

Résumé

Submit a copy of your résumé.

Test of English as a Foreign Language (international applicants)

The minimum score for admission is 600 for the paper-based test or 80 for the Internet-based test. TOEFL scores are valid for up to two years from your test date. Applicants may receive a waiver of the TOEFL if all of the requirements for the high school diploma, bachelor’s degree or an advanced degree were completed in a country where the primary and dominant language is English and English was the language of instruction of the school. For a list of countries that qualify please click hereExam results should be sent to UC Irvine institution code: 4859. For more information on the TOEFL, visit: toefl.org 

As an alternative to the TOEFL, you may also take the Academic Modules of the International English Language Testing System (IELTS) or Pearson Test of English (PTE). For the IELTS, the minimum required score for admission is 7, with a score of no less than 6 on any individual module. The PTE minimum required score for admission is 53. Scores are valid for two years.

Send official Test Report Form (TRF) to:

The Paul Merage School of Business, UC Irvine
Master of Finance Program
4293 Pereira Drive, Suite 4500
Irvine, CA 92697-3125 

$150 Application Fee

The non-refundable application fee of $150 must be paid by credit card through the online application system.

Personal Interview (by invitation only)

Interviews are by invitation only, are required for admission, and are conducted by the Admissions Committee. The interview is a way for us to evaluate your interpersonal and communication skills, as well as a way for you to ask questions and determine whether the Merage School is right for you. 

If invited to an interview, you will be informed via email. Whenever possible, applicants are encouraged to conduct interviews on campus. However, for those applicants unable to travel to Irvine, telephone interviews are acceptable. In some cases before an in-person or Skype interview, candidates may be invited to participate in a separate video interview. This is not an indication of an applicant's increased chances of admission, but rather an additional step we use to learn more about you.

Additional recommended but not required qualifications include:

  • Post-university work experience or research experience in a quantitative discipline
  • Prior exposure in computation programming, such as C++ or familiarity with computational or risk management tools
  • Experience with statistical and econometric applications, such as SAS, STATA, MATLAB, R, S-Plus
  • Experience with mathematical tools, such as MATLAB or Mathematica

We encourage applicants from all backgrounds, especially those who demonstrate strong communication and conceptual thinking skills.

Cost

2018-2019 MFin Program Expense Estimates*

MFin is a 12 month (4 quarters) program beginning in the Fall and completed in Summer.

* The tuition, fees, and charges posted to your billing statement or account are estimates based on currently approved amounts. These figures may not be final. Actual tuition, fees, and charges are subject to change, both before students enroll and during a student's enrollment, by the Regents of the University of California or as authorized by the President of the University of California and the UC Irvine Chancellor. Accordingly, final approved levels and your final balance due may differ from the amounts shown.

† All registered graduate students at UC Irvine are automatically enrolled in UC GSHIP. This fee is included in total registration fees. If you are covered by another health insurance plan that complies with UC’s waiver criteria, then you may apply for the waiver.

‡ These estimates are for students living off campus and are the official student budget amounts used to calculate financial aid eligibility for US citizens and US permanent residents. Additional costs may include support of dependents and personal automobile expenses.

For detail information about housing please refer to the on-campus housing site and the off-campus housing site.