Master of Finance
3.7 /5
- Private Institute
MIT Sloan School of Management
Talk to ExpertMaster of Finance at MIT USA Overview
Massachusetts Institute of Technology is among the popular universities to study Master of Finance from abroad. The duration of Master of Finance program is 12 months. The first-year Massachusetts Institute of Technology tuition fee for Master of Finance is around USD 91,250. Indian students are required to plan their cost of living (accommodation, groceries, insurance, utilities, etc.) apart from tuition fees to study at the university. The average estimated cost of living is around USD 22,656. Indian students must meet the Massachusetts Institute of Technology admission requirements to study the course. Indian students must submit an online application by the course deadline to get into the university.
Duration | 18 months Get Curriculum |
Tuition & Fees | ₹1.22 Crores Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Finance at MIT USA Fees
The fee structure for the Master of Finance at the Massachusetts Institute of Technology covers the first-year tuition fees along with other additional charges, including the Books and supplies charges; facilities cost and many more offered by the Massachusetts Institute of Technology. Other than tuition costs, students need to pay living expenses that cover various factors like rent, food, transportation, utility, and other personal expenses. The average cost of living is USD 22,656. The total tuition fees for the first year of Master of Finance is USD 91,250.
Find more details about Massachusetts Institute of Technology Master of Finance on the fee breakup, from the table mentioned below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 1,21,58,014 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 18,61,265 |
| Insurance | INR 3,40,051 |
Calculated at the exchange rate of 1 USD = INR 94.37986 | Tuition & expenses were last updated on 11ᵗʰ March 2026Master of Finance at MIT USA Curriculum
Students can click on the green button below to access and download the curriculum of the Massachusetts Institute of Technology Master of Finance. The PDF of the curriculum includes the main subjects taught by the university, the electives offered and additional course materials. The division of the Master of Finance into semesters has also been included.
Download exam sample paper
Master of Finance at MIT USA Entry Requirements
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- Students should have a 2 1 honours degree or equivalent preferably in english and or creative writing but other disciplines will be considered
- Holders of a three or four year ug degree from a recognised university in india will be considered for postgraduate taught study
- For 2 1 equivalency students are normally expected to have achieved 55 to 60 or higher depending on the awarding institution
- For 2 2 equivalency students should have achieved 50 to 55
- Either a four year ug degree first class or very good upper second class or a three year ug degree first class from recognised institutions in india
Calculate your score and check your eligibility at over 2000+ universities.
- No specific cutoff mentioned
Calculate your score and check your eligibility at over 2000+ universities.
- No specific cutoff mentioned
- Submission of a standardized test, such as GMAT (Focus Edition or 10th Edition) or GRE, is optional when applying for the MFin program.
- No specific cutoff mentioned
- No specific cutoff mentioned
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- No specific cutoff mentioned
- Submission of a standardized test, such as GMAT (Focus Edition or 10th Edition) or GRE, is optional when applying for the MFin program.
- Interviews are by invitation only. An invitation to interview signals that your application has reached an advanced stage of consideration, but it does not guarantee admission.
- No
Master of Finance at MIT USA Frequently Asked Questions
Massachusetts Institute of Technology acceptance rate stands at 5% according to unofficial source. This shows that institution is highly selective and the applications are reviewed with utmost care. International students are required to meet MIT admission criteria which includes very good academic background, excellent extracurriculars top notch scores in standardized entrance test scores along with relevant work experience for some programs.
MIT USA fees for international students is USD 64310 - INR 55.8 L for UG and USD 83405 - INR 72.4 L per year for PG students. These are estimated yearly costs and MIT tuition fees may vary for each course. UG students can also expect annual cost of living of USD 25030 - INR 21.7 L and same for PG students is USD 46474 - INR 40.25 L. Source - MIT Ofiicial website
The Massachusetts Institute of Technology admission process is student-centered. Each international application is evaluated within its unique context. MIT didn't consider any references, legacy/alumni relations, or other quotas in the admission process. MIT admission applications are selected based on outstanding academic achievement as well as a strong match between the applicant and the Institute.
Massachusetts Institute of Technology is home to 3,430 international students. Of these, 530 (12%) are undergraduates and 2,900 (40%) are graduates. Mentioned in the table below is the percentage of international students by region:
Region | Percentage of International Students |
|---|---|
Asia | 52% |
Europe | 22% |
Latin America and the Caribbean | 8% |
North America | 6% |
Middle East | 6% |
Africa | 4% |
Oceania | 2% |
Total | 100% |
MIT admission is highly competitive because of its low acceptance rate. Indian students applying to MIT need to submit the following documents.
- Official school transcripts
- SAT or ACT scores
- English language proficiency proof
- A statement of purpose
- the latest Resume
- Essays and personal statements
- A letter of recommendation
Master of Finance at MIT USA Application Process
- MFin applicants must submit three letters of recommendation.
- A detailed recommendation can tell us a lot about you. Make sure you select individuals able to speak about your qualifications and impact.
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- One letter must come from someone who can speak to your quantitative abilities.
- If you are a current student, you should submit two letters from your current school and one letter from a recent internship, preferably from a previous supervisor.
- If you are working full-time, one letter of recommendation should come from your most recent employer and another letter of recommendation from an academic source, preferably a previous professor. The third recommendation can be either academic or professional.
- Submit a one-page resume
- Here are some pointers on formatting:
- One-page limit
- Times New Roman font
- Size 10 font
- Word or PDF formats only
- Copies of academic records from all colleges and universities attended
- Submit GMAT/GRE scores (If Applicable)
- Submit English Language Proficiency scores
- Submit answers to the two video question. Videos should adhere to the following guidelines:
- Video question 1-
Introduce yourself to your future classmates. Here's your chance to put a face with a name, let your personality shine through, be conversational, be yourself. We can't wait to meet you!
Videos should adhere to the following guidelines:- No more than 1 minute (60 seconds) in length
- Single take (no editing)
- Speaking directly to the camera
- Do not include background music or subtitles
- Video question 2- Video Question 2 is a part of your required application materials and will appear as a page within the application, once the other parts of your application are completed.
- Video question 1-
- Short Answer Question-
Question 1: Please discuss your past academic and professional experiences and accomplishments that will help you succeed in the Master of Finance program. Include achievements in finance, math, statistics, and computer sciences, as applicable.
Question 2: Tell us about your short-term and long-term professional goals. How will our MFin degree help you achieve these goals?
Question 3: What personal qualities will enable you to contribute to the advancement of our mission?
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Question 4: How has the world you come from shaped who you are today? For example, your family, culture, community, all help to shape aspects of your life experiences and perspective. Please use this opportunity to share more about your background.
- The MIT Monthly Payment Plan offers the option of spreading the applicant's term bill over five payments and paying it over the course of the term as opposed to in one lump sum
Master of Finance at MIT USA Rankings
| Rank | Rank Publisher |
|---|---|
| #3 | |
| #1 | |
| #1 |
Master of Finance at MIT USA Placements
| Particulars | Statistics (2025) |
|---|---|
| Internship Available | Yes, During the 18 months, students will have the option to complete an internship during the second summer term, take additional courses or use the additional time to write a thesis |
Master of Finance at MIT USA Students also asked
MIT and Harvard are among the toughest university in the world to get into. If we compared them in terms of their acceptance rate, then Massachusetts Institute of Technology acceptance rate is 3.96% while Harvard University acceptance rate is 3.41%. This will clearly shows that admissions at both the university are highly competitive but Harvard is harder to get into then MIT.
For the Class of 2028, MIT received over 28,000 applications. However, only about 1,300 candidates enrolled in the institute for their higher education. Hence, it can be concluded that with the Massachusetts Institute of Technology acceptance rate of merely 4.52%, the institute is extremely competitive to get into.
Mentioned below are the acceptance rate trends of the past five years at MIT:
| Year | MIT University Acceptance Rate |
|---|---|
| Class of 2024 | 7.2% |
| Class of 2025 | 4.0% |
| Class of 2026 | 3.9% |
| Class of 2027 | 4.8% |
| Class of 2028 | 4.52% |
Massachusetts Institute of Technology is the popular university in the world. It is highly tough during admissions. It takes a complete approach for admissions, so students must score well in academics to study here.
In order increase the chances into MIT, students must consider the following points:
Aim High score in academic
Perform good in standardized tests
Create a strong online application
Involve in extracurricular activities
Ask for recommendation letters
Application essays
To improve the chances of a seat at MIT, students are required to display their academic and technical knowledge, any prior research experience, and motivation behind choosing MIT for further studies, among other things.
The institute prioritises students with prior internship or research experience.
Letters of Recommendation from school teachers, college professors, and past employers also help improve the overall quality of the application, and thus the overall chances of admission.
Going through the applications of past MIT students can also help students get an idea of the things that are present or are currently missing from their application, and they should work on.
International undergraduate applicants can apply for admission in two rounds. They can either take admission in the Early intake or the Regular intake. The Early application starts in November, and regular applications start in January of each year. The MIT application deadlines for UG and PG admission are given below:
Undergraduate Deadline:
Round | Deadline | Decision release |
|---|---|---|
Early Action | Nov-starting | Mid-Dec |
Regular Action | Jan-starting | Mid-March |
Graduate Deadline:
School/Department | Deadline |
|---|---|
School of Engineering | Dec-starting |
Computer Science & Artificial Intelligence Lab | Mid-Dec |
Department of Physics | Mid-Dec |
Sloan School of Management | Sep-end |
Massachusetts Institute of TechnologyStudents Ratings & Reviews
1 Verified Review- 0% students never faced discrimination in this university
Master of Finance at MIT USA Highlights
- MIT’s Master of Finance program features a rigorous 18-month STEM curriculum, with the option to accelerate in 12 months, emphasizing a foundation in how markets work and engineered around the most advanced financial theories, quantitative models, and industry practices
- Students are able to complete one of four available concentrations: financial engineering, impact finance, capital markets, or corporate finance. Completing a concentration is optional and is not a degree requirement
- The program consists of required fundamental and advanced subjects, restricted electives, action learning, ethics modules, a programming literacy test, and an optional master's thesis
Master of Finance at MIT USA Scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 13 months |
| Percentage of International Students | 87% |
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