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Master of Financial Analysis

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We seek a diverse student body to bring to the classroom varying experiences and backgrounds. The program admits those students who, in the opinion of the Graduate Admissions Committee, show promise of succeeding in the program. Primary consideration is given to the applicant’s scholastic record and the GRE or GMAT score. Other considerations include professional work experience, professional appraisals, civic leadership and extracurricular participation.

Application Deadlines

Full-time students are admitted for the term beginning early July only. We encourage students to apply early as we admit students on a rolling basis. Working professionals interested in pursuing the degree part-time must apply by mid November for admission to the Spring semester.

Full-Time Part-Time Fall Part-Time Spring
May 1 August 1 December 15

Summer or Fall Admission

All full-time students must apply for the Summer term. Depending on past coursework and whether an applicant is required to submit the TOEFL, IELTS, or PTE Academic score, some students may be exempt from the Summer session and will be allowed to start in the Fall.

Part-time students may apply for Fall or Spring term admission, and will also be required to take a summer "Accounting for Managers" course prior to their first semester. An equivalent financial accounting course taken at another university may satisfy this requirement.

Tuition and Fees

Have questions about tuition? Please view our Tuition and Fees.

Application Checklist

In addition to the Online Application, applicants must complete the following:

1. Application fee (non-refundable) of $70

Checks and money orders should be made payable to Rutgers, the State University of New Jersey. Do not send cash. This can also be paid online via a credit card.

The application fee is waived for all military and veteran applicants. If you fall into this category, please e-mail Yulissa Ortiz prior to submitting your application and send her a copy of your DD 214 form or a copy of your military ID card. Do NOT include your social security number when e-mailing the form. Please block it out prior to sending.

2. Official Transcripts

All post-secondary transcripts, marksheets, examination results, diplomas, and degrees should be uploaded via the online application. Applicants must provide the official, original copies after acceptance into the program. If not issued in English, a translation must be provided from a professional translation agency.

For Rutgers graduates, please note that even though you are applying to Rutgers as an alumnus, you still need to contact the Registrar's office and request your official transcript be mailed to our office.

3. GMAT or GRE Test Results

Official GMAT or GRE test results, taken within five years from the term of entrance, are required.

  1. GMAT code: QK5-XT-02
  2. GRE code: 5529

Please click here to try a sample GMAT quiz.

4. TOEFL, IELTS, or PTE Academic

Applicants must take the TOEFL iBT®, IELTS, or PTE Academic exam if their native language is not English. Not required of students who have obtained an undergraduate or graduate degree in the U.S. or other English speaking countries (Canada, England, etc...). This requirement can only be waived if you have studied for 2 or more years in a college/university in an English speaking country such as the United States or Canada.

The CFA exams, as well as classes taught at Rutgers Business School, are only given in English. In addition, English is the language of business. Our program is designed to not only prepare students academically, but also provides a way for students to improve their English proficiency. By taking our Summer Intensive Business English (SIBE) program, successful students should perform better in their finance classes as well as on the CFA exams. Each student will have their English proficiency assessed prior to admission to the program. All international students required to take the TOEFL, IELTS, or PTE Academic exam will be required to attend our 6 week (25 hours per week) SIBE program. Students will be placed in SIBE classes based on their level of English proficiency from lower intermediate to advanced. International students exempted from taking the TOEFL, IELTS, or PTE Academic exam (see above) will still benefit from taking the summer intensive English coursework and are strongly urged to do so.

  1. TOEFL Code: B355 - The minimum acceptable TOEFL iBT® is 90.
  2. IELTS: Please contact IELTS and have your score sent to our office (address listed below). The MFinA program requires a minimum score of a 6.5 on the IELTS
  3. PTE Academic is a computer-based academic English language proficiency test designed to measure reading, writing, listening and speaking skills, as they are used in an academic setting. Rutgers Business School requires a minimum score of 68 on PTE Academic.

In addition all international students required to take the TOEFL, IELTS, or PTE Academic exam must also have a Skype interview with our staff.

The TOEFL iBT©, IELTS, or PTE Academic scores and the Skype interview together will be used to determine the current level of English proficiency for each applicant. This will be used to:

  1. determine if an applicant will be able to sufficiently improve their English by completing our SIBE program (for applicants at the lower end of acceptable TOEFL iBT®, IELTS, or PTE Academic scores.)
  2. place students in the appropriate level in our SIBE classes.

5. Essay

An essay is not required for this program.

Optional Essay (personal statement) - provide any additional information not addressed elsewhere in your application materials which will help the Admissions Committee learn more about your candidacy. Please address any employment gaps, academic concerns, strengths or weaknesses.

6. You must provide two letters of recommendation

Letters of recommendation can either be submitted through the online application or they can be mailed to our office directly by the recommender on company letterhead.

7. Submit your current resume

This can be done through the online application.

8. International Applicants

Additional requirements apply to international applicants.

Our Mailing Address

Rutgers Business School — Newark and New Brunswick
Office of Graduate Admissions
1 Washington Park, Sixth Floor
Newark, New Jersey 07102

15 Jan
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If you have any questions, please contact the Office of Graduate Admissions at (973) 353-1234 or