Admission - M.S. in Finance
Fall Semester: August 1*
Spring Semester: December 1*
Summer Sessions: May 1*
*At the discretion of the department, applications will continue to be reviewed after the application deadline on a space-available basis.
The Master of Science in Finance degree is a part-time program and is not available for international students in need of maintaining full-time student status (9 credits or more per semester) on an F-1 student visa.
A completed application consists of the following documents:
- Application form
- Non-refundable fee of $60
- Essay/personal statement (the essay prompt can be found on the online application)
- Graduate Management Admission Test (GMAT) scores. Report must be sent directly from the Educational Testing Service. Scores must be from test administrations within five years of the application deadline. Loyola's institution code is 5370.
Applicants to the MSF program who meet certain provisions can request consideration for admission without submitting a GMAT score. If, upon review by the admission committee, the applicant is considered admissible without a GMAT score, that requirement will be waived. The following provisions qualify an applicant for consideration for the GMAT waiver: possession of an advanced degree with quantitative content (e.g. Master's, Doctorate, etc.) or an undergraduate GPA of 3.250 or higher with quantitative coursework, combined with at least five (5) years of significant, relevant work experience (typically post-baccalaureate) and a personal interview with a Loyola academic advisor. Requests for a GMAT waiver may be made on the application. The admission committee reserves the right to require a GMAT score from an applicant even if the basic conditions are met.
Applicants who have already taken the GRE revised General Test (August 2011 and later) may supply this score in lieu of the GMAT. Report must be sent directly from the Educational Testing Service (www.ets.org). Scores will be converted using the GRE Comparison Tool for Business Schools produced by the ETS.
- Official transcripts from all postsecondary colleges or universities attended. This includes transcripts from part-time study, study abroad, coursework taken in high school, and from institutions that have awarded the applicant a bachelor's master's, or doctoral degree or an advanced certificate. Admitted students who fail to submit a final degree-posted transcript will not be permitted to register.
Applicants who hold degrees or have earned credits from non-U.S. institutions (excluding study abroad programs) must have a course-by-course evaluation and translation of their academic records done by a NACES approved evaluation services agency before they can be considered for admission to a degree program. The evaluation must establish that the applicant has earned the equivalent of a U.S. bachelor's degree from a regionally accredited institution. Loyola recommends the WES:ICAP from World Education Services, Inc. (www.wes.org).
- One professional letter of recommendation
- Resume or curriculum vitae
- TOEFL Score Report.
Note: An official TOEFL score report is required if English is not your native language or if you have not completed a degree program taught in English. Scores cannot be more than two years old. Official scores must be mailed directly from the Educational Testing Service. Loyola's institution code is 5370.
Supplemental application materials should be forwarded directly to the Office of Graduate Admission via mail or email:
Loyola University Maryland
Graduate Admission Processing Center
P.O. Box 1447
Beltsville, MD 20704
Questions about the application or admission process may be directed to the Office of Graduate Business Programs at (410) 617-5067 or via email at firstname.lastname@example.org.
It is the responsibility of the applicant to ensure that a completed application and all supplemental materials are received by the application deadline. Supplemental materials, once received, become the property of Loyola University Maryland and cannot be returned.
The guideline used by the admission committee to give promising applicants the opportunity to undertake graduate work. A careful examination of an applicant's academic and professional qualifications precedes every admission decision. The committee values previous academic achievement, work experience assessed through a resume, and professional references. MBA and MSF candidates may be eligible for admission without submitting a GMAT score report. The following provisions qualify an applicant to request GMAT waiver consideration: Possession of an advanced degree (e.g., master's level or higher), or the combination of an undergraduate Grade point average of 3.25 or higher and at least five years of significant professional work experience, typically post baccalaureate, and a personal interview with a Sellinger School graduate advisor.
Applicants accepted for graduate study will be advised in writing. Individuals will also be informed of any undergraduate courses or prerequisites requiring completion before commencing their academic studies. A program advisor will assist in planning your program of study. Students are responsible for discussing any special needs they may have with their advisor.
In evaluating applicants, the committee considers many aspects of performance including each portion of the GMAT, undergraduate/graduate performance and progression, career progress, references, professional certifications and awards, and other evidence of the applicant's capacity to successfully pursue graduate study in business.
The program focuses on students who have a bachelor's or master's degree in a business discipline; however, students with strong academic and experience credentials from any academic discipline are accepted. The academic records of all accepted students will be evaluated by a program advisor to determine if foundation coursework is necessary before beginning the core (700-level) courses. Foundation coursework includes accounting, finance, economics, and statistics. It is expected that the applicant will have two years of professional work experience.
Applicants to the MSF program who meet certain provisions can request consideration for admission without submitting a GMAT score. If, upon review by the admission committee, the applicant is considered admissible without a GMAT score, that requirement will be waived. The following provisions qualify an applicant for consideration for the GMAT waiver: possession of an advanced degree with quantitative content (e.g., master's, doctorate, etc.) or an undergraduate GPA of 3.250 or higher, combined with at least five years of significant professional experience (typically post-baccalaureate) and a personal interview with a Loyola College academic advisor. The admission committee reserves the right to require a GMAT score from an applicant even if the basic conditions are met.