Master of Science in Finance
4.6 /5
- Public University
Carlson School of Management
Talk to ExpertMaster of Science in Finance at University of Minnesota, Twin Cities Overview
Master of Science in Finance
at University of Minnesota, Twin Cities
The University of Minnesota, Twin Cities offers a really good Master of Science in Finance program at the PG level, which lasts for 1 year. To get admission to the program, students must meet the requirements for the course which include having a valid score on tests like TOEFL, PTE, GMAT and GRE. The University of Minnesota, Twin Cities tuition fee for the first year of the Master of Science in Finance is USD 56,550. Also, the students should budget well for living expenses, which has:
- Accommodation (rent or hostel)
- Food
- Books
- Other important utilities
Duration | 1 year |
Tuition & Fees | ₹50.14 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Finance
Table of contents
Master of Science in Finance at University of Minnesota, Twin Cities Fees
Master of Science in Finance
at University of Minnesota, Twin Cities
For attending the University of Minnesota, Twin Cities for Master of Science in Finance, students have to pay the tuition fee as well as the living expenses. The University of Minnesota, Twin Cities Master of Science in Finance fee structure varies for domestic and international students.
Foreign students will have to pay USD 56,550 for the first-year of study. Other than the annual tuition fee, they will also have to cover the living expenses (includes housing, food, transportation, books and supplies, and other miscellaneous expenses), which is around USD 10,358 for overseas students. Based on the student’s lifestyle and purchasing power, the cost of living varies.
Refer to the table below for the breakdown of expenses for the University of Minnesota, Twin Cities Master of Science in Finance cost of attendance:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 50,14,288 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 9,18,444 |
| Insurance | INR 1,49,941 |
Calculated at the exchange rate of 1 USD = INR 88.67 | Tuition & expenses were last updated on 11ᵗʰ November 2025Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
GMAT
GRE
Master of Science in Finance at University of Minnesota, Twin Cities Entry Requirements
Master of Science in Finance
at University of Minnesota, Twin Cities
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read less
- Students must complete university level courses in statistics and calculus is required
- Completion of linear algebra course is preferred but not required
- Students must have a first university degree that is equal to a 4 year US UG degree. Students with a 3 year degree from India do not satisfy this minimum requirement and must complete an additional year of PG study
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GPA
Percentage
CGPA
Out of 10
TOEFL
- No specific cutoff mentioned
- Read less
- A typically competitive score is 105 or higher
- With minimum 21 in the writing section and a minimum 19 in the reading section
-
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Convert your CGPA to GPA
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 10
GMAT
- No specific cutoff mentioned
- NA
PTE
- No specific cutoff mentioned
- With a minimum of 59 in Writing and reading
- Typically competitive candidates have average scores of 65 or higher
IELTS
- No specific cutoff mentioned
- Read less
- With no section lower than 6.5
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
GRE
- No specific cutoff mentioned
- NA
Duolingo
- No specific cutoff mentioned
Other eligibility criteria
The GMAT-GRE waiver may be considered for applicants with a cumulative undergraduate GPA of 3.2 or higher on a 4.0 scale (or equivalent) with proof of completion of university-level courses in statistics and calculus
Professional work experience is preferred, but not required
Conditional Offer
- Yes
- Read lessConditional admission means you are academically qualified for admission to the University of Minnesota. However, because your English proficiency is below the minimum level we require for admission to our degree programs, you will need to enroll in the Minnesota English Language Program (MELP), which is the University of Minnesota's Intensive English Program, in order to achieve the level of English proficiency that will allow you to be successful in your academic program. You will be eligible for admission to your academic program for the fall semester noted in your letter once you have demonstrated high enough English proficiency.
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Master of Science in Finance at University of Minnesota, Twin Cities Application Process
Master of Science in Finance
at University of Minnesota, Twin Cities
Step one
Prepare documents for application
LOR
- Submit two letters of recommendation. These recommendations can be from any combination of professional and academic recommenders, though we suggest that at least one recommendation come from a supervisor if you have professional experience
ESSAYS
- The video essay is required:
- Candidates with an opportunity to show the admissions committee the authentic you
- You will need to use a computer with a camera and microphone capabilities. You will have the ability to test your technology before starting the video essay and submit a practice video essay
- You can test your technology and run the practice simulation as many times as you wish to be comfortable with the format and technology
- Two minutes (120 seconds) will be provided to prepare an answer and two minutes (120 seconds) to record an answer
CV
- Upload a current resume that includes a detailed employment history, job responsibilities and accomplishments where prompted for Resume or CV
Step two
Additional documents required
- Submit a transcript from each college or university
- Proof of English language proficiency scores
- Proof of GMAT/ GRE scores
- For consideration for admission, please submit a personal statement (750 words, approximately 2 pages max) answering the following three questions:
- Briefly describe your short-term and long-term career goals. Why are you choosing to pursue an MS in Finance at this time, and what are you hoping to accomplish by doing so?
- Why are you interested in pursuing an MS at the Carlson School of Management?
- What do you feel makes you a strong candidate for the program? How will you contribute to the program overall?
Step three
Start your online application
Step four
Application fees for this course
USD 95 = INR 8.42 Thousand
Mode of payment: Credit card
Master of Science in Finance at University of Minnesota, Twin Cities Rankings
Master of Science in Finance
at University of Minnesota, Twin Cities
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #6 | |
| #61 | |
| #84 |
Master of Science in Finance at University of Minnesota, Twin Cities Placements
Master of Science in Finance
at University of Minnesota, Twin Cities
| Particulars | Statistics (2021) |
|---|---|
| % Batch placed | 100 |
| Internship Available | Yes, Students have an option to complete an internship by taking 16-month duration |
Top Recruiters for University of Minnesota, Twin Cities3M
Accenture
Ameriprise Financial
CITI Bank
Deloitte
University of Minnesota, Twin CitiesStudents Ratings & Reviews
4.6/5
6 Verified ReviewsStudent Views (Based on Reviews)
- 67% students never faced discrimination in this university
Vibe of Campus
Friendly
Academically oriented
Fun loving
Easy going
Internships4.2
Part time work4.8
Post study jobs4.5
Quality of faculty4.8
Student Life4.7
Value for money4.7
Public transportation5
Safety4.5
Indian Food4.7
Permanent Immigration4
A
Anonymous
Master of Science in Electrical and Computer Engineering - Batch of 2027
Offered by University of Minnesota, Twin Cities
4.7
UMN offers great connections and assistance with the industry in helping land internships.
Tips: Not being mentally prepared to face or embrace the culture and weather changes can be detrimental, but overall, it's a great university to study at. Scholarships are available, offered based on the profile and kind of degree. Mostly PhDs get plenty of funding through research assistantships or teaching assistantships. The University of Minnesota, Twin Cities, is a great place to study.
Likes (Student Life): Absolutely beautiful campus, with tunnels to use for commuting during hard, tough winters. Heated rooms make winter survival enjoyable. A lot of student groups, especially Indian student groups, hold events so often that it feels like home to celebrate fests like Holi, Ram Janmastami, etc. I spend time in the library, which feels like it's straight out of Hogwarts, with high ceilings and beautiful roof work.
Dislikes (Internships): UMN offers great portals called Handshake/careers to either apply to off-campus internships or on-campus research positions in the field of study. Professors have great connections with the industry and offer great assistance both in helping land internships and offering referrals directly. UMN has a career centre that helps with resume editing and workshops to sharpen communication skills and enhance speaking abilities, and the available internships are definitely relevant.
Total Monthly ExpenseUSD 300
Prepping time for classes25 hours/Week
Expected Annual SalaryUSD 80000
A
Anonymous
MS in Data Science - Batch of 2027
Offered by University of Minnesota, Twin Cities
5
University of Minnesota is a bit challenging yet it's rewarding.
Tips: Before joining the University of Minnesota, students should be prepared for a rigorous academic course load and cold weather. But the professors and research opportunities more than make up for it. I love the professors and the specialised research. I didn't initially get a scholarship, but there are a lot of opportunities to work as a research assistant. This would allow your tuition to be waived off, and you will get paid well, somewhere ranging between 25-30 dollars.
Total Monthly ExpenseUSD 1000
Prepping time for classes24 hours/Week
Expected Annual SalaryUSD 43875
A
Anonymous
MS in Experimental and Clinical Pharmacology - Batch of 2027
Offered by University of Minnesota, Twin Cities
4.5
The campus of the University of Minnesota focuses a lot on the safety parameters.
Tips: I am absolutely in love with the UoMinn. I am an international student as well, so I can understand how they feel moving to a totally new country. The campus of the University of Minnesota focuses a lot on the safety parameters. Apart from campus security, there are many facilities where one can avail a free cab service if they are travelling anywhere in MN at night. Also, if one feels lonely, they can get themselves a walking companion, who will assist them in reaching their destination.
Dislikes (Permanent Immigration): I don't personally wish to immigrate to the US after completing my master's degree, but I know plenty of other students who have had their degrees in CS and Elec engineering and stayed back in the US. They are doing pretty well there, so I think there are plenty of opportunities if that's something you want to do.
Total Monthly ExpenseUSD 725
Prepping time for classes26 hours/Week
Expected Annual SalaryUSD
A
Anonymous
BS in Agricultural Education - Batch of 2022
Offered by University of Minnesota, Twin Cities
4.2
Surprising academic challenges and unexpected personal growth.
Tips: Life in the United States is better if you have your own transportation, like a car or a bike. Many things are different here than in India, starting with driving on the left. But the biggest difference is that the only language spoken here is English. The education system here is uncorrupted, and only intelligence, brilliance, and consistency survive here. The faculty are highly talented and experts in their field and you can connect with them by mail. Try to connect with alumni and ask them about the courses and university to get a wide understanding.
Total Monthly ExpenseUSD 3550
Prepping time for classes50 hours/Week
Expected Annual SalaryUSD 36075
A
Anonymous
Master of Science in Electrical and Computer Engineering - Batch of 2024
Offered by University of Minnesota, Twin Cities
4.4
Cold place but warm and gentle people.
Tips: There are a few things that I had to get used to but it is nothing that I couldn't do. I got used to the people, culture, weather, and so on in no time. I did not apply for any scholarships. I am very much satisfied with the university and its people, they are nice, warm, and welcoming.
Likes (Indian Food): I prefer cooking for myself and there is nothing I couldn't find, there are Indian stores about 15 mins via a bus from campus. There are also several Indian restaurants a few kilometres away as well. There are a lot of different restaurants all over and around the campus as well.
Dislikes (Permanent Immigration): Permanent immigration in the US has a long queue if you are an Indian. It is totally possible to extend your visa indefinitely once you apply for a green card, but it is by no means a citizenship until you get your green card. I would love to have a permanent residence here, it is a fun place.
Total Monthly ExpenseUSD 250
Prepping time for classes50 hours/Week
Expected Annual SalaryUSD 120000
View All 6 Reviews
Master of Science in Finance at University of Minnesota, Twin Cities Highlights
Master of Science in Finance
at University of Minnesota, Twin Cities
- The Carlson School's MS in Finance program provides a solid foundation for building a career in finance
- The curriculum combines expert instruction in finance theory with practical application to prepare students for a range of careers in finance
- The 39-credit master of science program in finance provides students with an advanced understanding of the tools and methods used in businesses and in financial markets
- The program focuses on combining financial theory with quantitative and computational methods and real-world applications
- Students can complete their course in 16 months by taking 4-month internship
Read more
Master of Science in Finance at University of Minnesota, Twin Cities Scholarships
Master of Science in Finance
at University of Minnesota, Twin Cities
Scholarship information is not available. You can apply to non-college specific scholarships available for
USA.
View all 80 scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 1.3 |
| GMAT Score Average | 620 |
| Percentage of International Students | 88 |
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Master of Science in Finance at University of Minnesota, Twin Cities Contact Information
Master of Science in Finance
at University of Minnesota, Twin Cities
Address
301 19th Ave. South
Minneapolis, Minnesota 55455
Minneapolis ( Minnesota)
Phone
Email
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