M.Fin at Princeton University, Princeton Fees, Entry Requirement & Application Deadline

Princeton University Master in Finance Fees, Eligibility, Admission & Deadlines

Princeton, New JerseyLocation
UniversitySchool type
Estd1746established year
8017enrollment
Private (Not for Profit)
8.3/10

Master of Finance [M.Fin]

2 years
Full Time
On Campus

Field of Study

$60,410/Yr

$60,410 /Yr
  • The Master in Finance program is intended to prepare students for a wide range of careers both inside and outside the financial industry, including financial engineering and risk management, quantitative asset management, macroeconomic and financial forecasting, quantitative trading, and applied research.
  • Although the program does not require prior work experience in finance, in recent years having some exposure to finance -- e.g., an internship -- has been essential in an increasingly challenging job market.
  • This program has a co-op work option.
  • In order to be eligible to participate in a full-time Co-op Work Term, students must meet the GPA requirements.
  • The student to faculty ratio is 16:1 which bridges the gap between faculty and students.
  • Some of the main courses that students will study in this program are:
    • Budget analysis
    • Business strategy
    • Financial accounting
    • Financial reporting
    • Forensic accounting
    • Information systems
  • Career positions may include: 
    • Corporate Finance
    • Public Accounting
    • Portfolio Management
    • Financial Planning
    • Stock Broking
    • Risk Management, etc with an average salary of 36,475 USD per year.

Important Dates

EventApplication Date
Application Deadline For 2024 Intake Jan 3, 2024

Tuition Fees

Year1st Year Fees
Tuition Fees$60410 (USD 60410)

Other Expenses

HeadAvg Cost Per Year
Housing$13800 (USD 13800)
Food$8380 (USD 8380)
Personal Expenses$7900 (USD 7900)
Health Insurance$3000 (USD 3000)
Books and supply$2160 (USD 2160)
Miscellaneous expenses$3500 (USD 3500)
Total Cost$38740 (USD 38740)

Eligibility & Entry Requirement

Acceptance Rate 5%
Graduation  A graduate degree in any of these areas like applied mathematics, economics, finance, engineering, physics, and computer science can be a plus, but it is not necessary.
English Language Proficiency Score IELTS - 8.0 | TOEFL iBT - Listening 28, Reading 29, Speaking 24, and Writing 27
GMAT/GRE Scores The program does not require prior work experience, although it can be a plus at minimum applicant must have at least one or two years of full-time work or Internship experience
Documents Required
  • Personal Statement(Minimum one page describing your preparation to date and why you are interested in the master's program)
  • An unofficial copy of your academic transcript(Including degree, study, or other academic work that was presented as part of the admission application)
  • Three letters of recommendation(two of the letters may be written by employers, and at least one must be an academic reference)
  • Two academic references are required
  • Resume or Curriculum Vitae
  • GRE or GMAT test scores
Application Fee USD 75(6162 INR)
Applications Deadline April 15th, 2023
Offer Acceptance time  It takes minimum four to six weeks

Scores Required

100 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

298 / 340

Avg. Score in

GRE updated


Required Document List

The Documents required are:

  • Online application form, including SEAS Supplemental form
  • College Transcripts - The marks statement provided by the education board after completion of the previous academic qualifications.
  • Financial Documentation - The Proof that shows the financial background of the student.
  • Letter of Recommendation - This shows who recommended the student to pursue the degree.
  • Statement of Purpose - This is an essay or any written statement written by the student while applying.
  • Resume/CV - This provides a summary of the experience and skills of the student.

VISA & Work Study

VISA

Outlines for the Visa application process:

  • When a new international student comes to Harvard University from outside the United States using a visa sponsored by Harvard University. All student visas sponsored by Harvard University require both a visa document issued by the Harvard International Office and a visa from a U.S. embassy or consulate outside the United States. 
  • Canadian citizens only need a visa document and do not need a visa from a U.S. embassy or consulate.
  • Students can apply for different types of visas such as J-Scholar Visa, H-1B Visa, O-1 Visa, TN Visa, E-3 Visa, B Visa & ESTA.

Work Study

The primary benefit for students who are eligible for Federal Work-Study Program is that their federally-subsidized wages can allow them to pursue a wider range of employment opportunities to fulfill their term-time work expectations, particularly with employers who wouldn't otherwise be able to hire a student worker. Here are some examples of employers for which Federal Work-Study Program-eligible students can work with: 

  • On-Campus Jobs: Students can use Federal Work-Study Program funds for any on-campus position.
  • Off-Campus Jobs: The following off-campus employers qualify for the Federal Work-Study Program: 
    • Recognized 501(c)3 non-profit organizations (i.e. shelters, hospitals, youth organizations, etc.)
    • State, local, and federal government agencies
    • For-profit organizations whose business activity is related to the student's concentration
    • Positions at religious organizations that do not involve constructing, operating, or maintaining any part of a building used for religious worship or sectarian instruction. For example, students can work at a church that is operating a homeless shelter but can not assist a religious leader in making a space ready for religious service.

Career and Placement after Course

  • Corporate Finance
  • Public Accounting
  • Portfolio Management
  • Financial Planning
  • Stock Broking
  • Risk Management

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Young Women in Public Affairs AwardScholarship per student$ 4,000/Yr$4,000Level Of StudyBachelorTypeMerit-Based
BeArt Presets-Academic ScholarshipScholarship per student$ 2,000/Yr$2,000Level Of StudyBachelorTypeMerit-Based
Young Professionals ProgramScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based
Prodigy Finance-GyanDhan ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyMasterTypeMerit-Based
VueVille Future Technology ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Aga khan Foundation ScholarshipsScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based


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