We take a holistic approach to admissions, taking into account your background and experiences in addition to grades and test scores.
The Master in Finance application process is simple and straightforward, and we’re here to help.
The Master in Finance application process is simple and straightforward, and we’re here to help.
The application for the inaugural Master in Finance class is open now. Classes begin next fall. See below for more details about our Master in Finance application deadlines.
Round | Submission Deadline | Decision Notification Date |
---|---|---|
One | January 25, 2024 | Week of March 4, 2024 |
Two | March 29, 2024 | April 29, 2024 |
Here’s everything you need to apply for the Master in Finance Program.
To submit the online application, you’ll need to register and create a username and password. The online system includes step-by-step instructions for completing the application and submitting all required materials. You don’t have to complete the application in one sitting, and you may edit your application as often as necessary prior to submission.
Your application must be submitted prior to 11:59 p.m. CT on the day of the deadline in order to be considered for a particular application round. Applications must include all required online and mailed-in materials.
You will be asked to answer two essay questions as part of the application process.
Is there any unclear information in your application that needs further explanation? If so, please use this section to clarify.
Please submit letters of recommendation from two individuals who know you well and can offer specific examples of your academic performance and other contributions during your undergraduate career. Avoid choosing recommenders based on their title or status. We are more concerned with content and substance than with reputation.
The recommendation form is part of the online application. You will be prompted to provide the names and email addresses of your recommenders, and we’ll send them an email directing them to the online form. Chicago Booth does not accept letters of recommendation via mail or fax.
We ask questions such as: How do the applicant’s performance, potential, background, or personal qualities compare with those of other well-qualified individuals you have encountered in your career? More details on the specifics of our recommendation letter process will be provided soon.
Your educational record is an important part of your application for admission. You’ll need to submit transcripts from all postsecondary educational institutions that you have attended.
As part of your application, please submit unofficial scans of your transcripts, taking care to submit both sides of each one. Don’t send official transcripts until you receive an offer of admission, because they will not be added to your file.
Upon admission, you must submit an official transcript from every university, college, or graduate institution that you have attended.
Official records are defined as original documents issued by the institution and bearing the actual (not photocopied) signature of the registrar and the institutional seal.
Any records issued only once by institutions should be photocopied and certified as official copies, either by school officials or by legal authorities such as embassies or a notary public. Please do not send the original of an academic record that cannot be replaced.
All records must show:
If academic records and diplomas are not issued in English by the institution, you must submit both the official record and an authorized English translation.
Chicago Booth reserves the right to review the academic records of all applicants and determine whether the academic credentials presented from a non-US institution qualify for consideration. All degrees must be from an institution recognized by the country’s department or ministry of education.
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++.
If you’re an international student and English is not your native language, you’ll need to submit proof of English proficiency by taking one of the following exams:
Please send your TOEFL scores to Booth using our test code: 1832-02. Your scores are valid for two years. We will allow applicants to submit interim at-home or online proctored test scores as these organizations make them available. We trust the integrity of these testing organizations. Should you opt to participate in the at-home testing option, your scores will be reviewed in the same manner as those taken in a traditional testing center and will continue to be valid for two years.
All applicants are required to submit a valid GMAT or GRE test score. Chicago Booth does not hold a preference for one exam over another. Both are equally acceptable for the review committee.
Applicants may qualify for a GMAT/GRE waiver. To learn more about this waiver, see the Test Waivers and Requirements section below.
All applicants are required to submit a valid GMAT or GRE test score, unless they qualify for a test waiver. All UChicago students and graduates qualify for a test waiver. For all other applicants, the GRE or GMAT is required.
You've submitted your application for admission. Now what? Here's what to expect.
Interviews are granted on an invitation-only basis after evaluation of a submitted application. Candidates invited to interview will be contacted by the mid-decision date with instructions on how to schedule an interview.
Admissions decisions are posted in the Application Status section of the online application system.
Decisions fall into three categories:
Admission. Applicants are admitted to the program. Admitted students will receive additional information via the admissions packet mailed to all admitted students.
Waitlist. Students who are not admitted for the current round may be considered for subsequent rounds. Waitlisted candidates can expect to remain on the waitlist at least until the next round of decisions is released.
Denied Admission. Unfortunately, we are unable to admit the vast majority of applicants in any given year. Denied decisions are released at the mid-decision and final-decision notification dates. All decisions are final.
For additional information about financial aid, please contact us.