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Finance (MS) 
Program Description

The Master of Science in Finance program requires 36 credit hours of graduate coursework in Finance (either 10 courses plus a 6 credit hour project, completed in pairs, or 12 courses). Graduation for students starting in the fall is intended to be mid-August or December of the following year. Students wishing to enroll part-time can contact the department for details.

The department offers two tracks in our MSF program, Investment Management and Corporate Finance. Planning your curricula around these tracks enhances your job opportunities. The department's tracks are designed to help you establish a plan and communicate your plan with recruiters through your resume, cover letters, and interviews.

The Master's in Finance Program at the University of Arizona has been accepted into the CFA Institute University Recognition Program. This status is granted to institutions whose degree programs incorporate at least 70% of the CFA Program Candidate Body of Knowledge (CBOK), which provide students with a solid grounding the Candidate Body of Knowledge and positions them well to sit for the CFA exams. 

The Chartered Alternative Investment Analyst (CAIA) Association®, the global leader in alternative investment education, and the University of Arizona have formed a strategic partnership between the CAIA Association and the University’s Eller College of Management. The MSF program covers at least 60% of the CAIA exam curriculum.

Department/Academic Unit(s)

Finance -

The department offers programs leading to a Master of Science in Finance (MSF) and the Doctor of Philosophy degree with a major in Management and a concentration in Finance (Finance Ph.D.). The department also participates in the program leading to the Master of Business Administration with a concentration in Finance.

The Master of Science in Finance requires 36 credit hours of graduate coursework in Finance (either 10 courses plus a 6 credit hour project, completed in pairs, or 12 courses). Graduation for students starting in the fall is intended to be mid-August or December of the following year. Students wishing to enroll part-time can contact the department for details.

The Ph.D. in Management with a Major in Finance offered is designed to lead to a career of scholarly research and teaching in finance. The duration of the program is approximately four years, depending on an individual's background and his or her progress. The first two years of the program are dedicated to coursework. The emphasis during the third and fourth years of the program is primarily on writing a dissertation and coursework in a more narrow area of interest. The dissertation must demonstrate to the faculty the student's ability to produce advanced research in finance.

Application requirements are available from the department programs' webpages.

Eller College of Management  
Campus where offered
Main Campus - Tucson  
Admissions Contact
Kay E Ross
Graduate Program Coordinator
Kay E Ross
Director of Graduate Studies
Richard W Sias
Graduate College Degree Counselor
Guadalupe Estrella
Tuition and Fees
Please refer to the UA Bursar's Office Tuition and Fees Calculator for up-to-date information about tuition and fees. 
Please refer to the UA Registrar's's Office Special Course Fees for up-to-date information about special course fees. 

Admissions Information

Admissions Requirements

To expedite the processing of your application follow these instructions carefully. All information must be received for an application to be considered complete.

All applicants should add, and ;to their authorized email sites to avoid important mail regarding the application to be tagged as junk mail.


You must meet the minimum entrance requirements to apply for the one-year Master's in Finance program.

  • A B.S. or B.A. degree in a business-related field (finance, accounting, economics, etc.). Applicants are welcome from other fields, though additional coursework may be required in the summer prior to the program start.
  • 4 year bachelor's degree program; or, 3 year bachelor's degree program plus 1-2 year master's diploma program with degree awarded
  • Minimum GPA: 3.00
  • No work experience is required, nor does it affect the application decision.
  • GMAT (or GRE) results required (preferred score of 600 or better)
  • TOEFL required for international students if education has been in a non-English speaking country (preferred iBT score of 98 or better)
    OR, Minimum IELTS (overall band score): 7.0; Minimum IELTS (individual section score): 6.0
  • Complete online application packet with materials as detailed below

Prerequisite Requirements

Students without extensive finance or accounting (senior-level) coursework may be required to take perquisite coursework in the summer prior to starting the MSF program. Online modules offered through the University of Arizona Outreach College and taught by a Finance Department faculty member may be recommended or required. Details of possible prerequisite requirements are available here.

Application package requirements are detailed on the department website at

Apply to the UA Graduate College

Full instructions and requirements are included in the online application.

Online Application Package Requirements

Submitting Official Transcripts

In addition to completing this online application, you are required to send Official Transcripts from all institutions (except UA) directly to the Finance Department at:

  • Master's in Finance Program
  • Department of Finance
  • The University of Arizona
  • McClelland Hall, Room 315R
  • 1130 E. Helen Street
  • Tucson , AZ 85721-0108
Standardized Tests
Required tests:
  • GMAT preferred (with score of 600 or better preferred), GRE General accepted
  • TOEFL preferred (with score of 98 or better), IELTS accepted
Financial Aid

The Department of Finance is provided a modest amount of set-aside scholarship funds each August by the Eller College of Management for MSF students. All incoming MSF students are eligible for fall semester set-aside scholarships.  Awards are based on undergraduate academic performance and merits based on students' application packages.

The department does not have funds for assistantships nor tuition waivers for MSF students.

More details are available at


Admissions Deadlines
Early Deadline - All Applicants;
Preferred Deadline for International Applicants:
  • Fall: December 1
Normal Deadline - All Applicants:
  • Fall: February 1
Late Deadline - As Seats Available:
  • Fall: March 1
International Conditional Admission
International applicants will not be considered for conditional admission by this program.
Other Information
The GRE Institution Code for The University of Arizona is 4832

Completion Requirements

Degree Requirements

The Master of Science in Finance (MSF) program requires 36 credit hours of approved 500-level finance coursework.  There are now two options of study available to students.

16-month Option
  • This option requires 12 classes of approved 500-level finance coursework.
  • Coursework is normally completed four courses each semester - the first fall semester, spring semestesr and the second fall semester.
  • Students should be eligible to graduate in December, after 16 months of study.
12-Month Option
  • This option requires 10 classes of approved 500-level finance coursework plus a 6-unit summer project completed with a teammate.
  • The coursework is normally completed five courses each semester - fall and spring.
  • The project commences in April and students are expected to work 20 hours per week from the end of spring semester through mid-August when the project results are presented to faculty. Residency in Tucson during the summer is required, along with weekly submission of assignments leading to the final paper and presentation.
  • Students should be eligible to graduate in August.

Requirements for All MSF Students

Students are required to complete one of the two tracks of approved curriculum and maintain at least a 3.0 GPA during the program. More information on the requirements of each track is available at

Minor Requirements
The Academic Unit has not provided this information. 
Student Handbook  
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Last revised 04 Apr 2017