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The application for the Master in Finance Program is now open. Apply now!

Master in Finance Requirements for Admission

To qualify for the MiF Program, you must meet the following requirements:

Undergraduate Degree Requirements

  • 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.

Prerequisite Courses

  • 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++.

Test Score Requirements

  • A GMAT or GRE score is required to apply.
  • Neither test is preferred by the admissions committee.
  • Test waivers are available for UChicago students only.

Additional Requirements for International Students

  • International students whose native language is not English must take either the Test of English as a Foreign Language (TOEFL) or the academic version of the International English Language Testing System (IELTS).

Minimum Scores: 

  • TOEFL: 104 total, no less than 26 on each subsection. 
  • IELTS: 7.0 overall, no less than 7.0 on each section.

To learn more about how the University of Chicago supports international students, visit the website for the Office of International Affairs

What We Look For

In evaluating your candidacy, we take a holistic approach that considers every component of your Master in Finance application. We evaluate your application in three broad areas:

Start Your Journey

The application for the inaugural Master in Finance class is open now. Classes begin in fall 2024.


Round Submission Deadline Decision Notification Date
One January 25, 2024 Week of March 4, 2024
Two March 29, 2024 April 29, 2024

Learn More about Applying, Attending an Event, and Cost

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