Master of Financial Analysis Application Checklist

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

This can be paid online via credit card. Do not send cash.

The application fee is waived for all military and veteran applicants. If you fall into this category, please e-mail Tishawn Hatchett at 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

To expedite the review process, applicants should upload unofficial transcripts to the online application or via email to the admission office. Upon being accepted and committing to the program, applicants must mail in an official transcript for each undergraduate and graduate institution attended prior to the start of the term. These transcripts must demonstrate degree conferral.  

*Official transcript(s) and degree conferral(s) will be verified. The Admissions Committee reserves the right to withdraw an offer of admission at any time prior to or after enrolling if there is any discrepancy between the self-reported and official transcript(s).

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 upon admission to the program.

Applicants holding international transcripts do not need to have their transcripts evaluated unless advised by the Rutgers Business School Admissions Committee. For more information on this, or if you are a domestic applicant holding international transcripts, please refer to our international instructions.

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

We will waive the GMAT/GRE for application if you meet at least one of the following criteria:

  • Undergraduate degree with a cumulative grade point average of 3.2 or higher (or the equivalent if another grading scale is used) in a quantitative area including: business administration, economics, engineering, biological sciences, information and computer science, health sciences or physical sciences.
  • Graduate (master’s or doctoral) degree or professional credential such as Certified Public Accountant or Chartered Accountant.
  • Five or more years of professional work experience after completing undergraduate degree.
  • Four or more years of military experience.

Please click here to try a sample GMAT quiz.

4. TOEFL, IELTS, PTE, or Duolingo

Applicants must take the TOEFL, IELTS, PTE Academic, or Duolingo 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, PTE Academic, or Duolingo 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, PTE Academic, or Duolingo 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 MFinA program requires a minimum score of 90 on the ibt TOEFL.
  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. The MFinA program requires a minimum score of 68 on PTE Academic.
  4. Duolingo Exam: Please contact Duolingo and have the score sent to our email address ( The MFinA program requires a minimum score of 110 on the Duolingo.

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

The TOEFL, IELTS, PTE Academic, or Duolingo score 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, IELTS, PTE Academic, or Duolingo score.)
  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 one letter of recommendation

A letter of recommendation can either be submitted through the online application or it 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.

*You affirm that your job experience, including any and all positions held with current or previous employers, is true and accurate, understanding that any discrepancy or inaccuracy will allow the Admissions Committee to withdraw an offer of admission at any time prior to or after enrolling in the program.  The Admissions Committee may require additional documentation and proof regarding any aspects of a candidate’s resume at any time prior to or after enrolling in the program.

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