New program beginning this fall

Did you know?

Technology-driven products such as mobile payments, digital wallets, robo-advisors, and crypto-currencies are rapidly being integrated into the traditional financial world, making technology skills that align with the evolving needs of the financial service industry highly valuable for students and future employers.

The new master of financial technology (MFT) program will address those needs by forging a new interdisciplinary teaching and research path, with a multi-department curriculum encompassing financial analysis, computational methods, and business analytics.

The MFT program is designed for current Iowa State University students or professionals who are looking to come back to school full-time to retool or make a career shift. Delivered on campus, it can be completed by taking 10 classes — five in computer science and five in finance and business analytics.

Degree requirements
Sample program
Course offerings

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MFT program features

  • Unique combination of finance and computer science, preparing you for the fast-growing financial technology industry.
  • Accelerated curriculum covering computing concepts including programming and algorithms.
  • One of the few specialized financial technology master’s programs offered in the country.
  • Blend of technical training and market knowledge gives you the competitive edge in a data-driven economy.
  • Small classes and interdisciplinary learning with faculty from both finance and computer science.
  • Designed to meet employer demand for professionals who can bridge business and technology.
  • Career-ready skills for roles in financial services, analytics, blockchain, and more.
Aduri Pavan

The program is designed to equip students with high-demand technical skills that align with the evolving needs of the financial services industry, including blockchain, artificial intelligence, software development, and quantitative portfolio management.

Pavan Aduri, professor and interim chair of the Department of Computer Science

MFT program details

Admission and fees

Apply to the MFT program

The MFT program admits students year-round.

Application requirements

  • Resume.
  • Official college transcripts.
  • Two letters of recommendation.
  • Statement of Purpose.
  • TOEFL, IELTS, or Duolingo English score for non-native English speakers.

Please note: Graduate students whose native language is not English and who do not have a degree from Iowa State University, must take the English Placement Test at the beginning for their first semester of enrollment. The test is administered by the Department of English. It must be taken in addition to the Test of English as a Foreign Language), which is taken as a part of the admissions process. A student who does not pass this examination is required to take specific courses in the English 99/101 series. This coursework must be completed no later than the semester BEFORE you graduate.

Application deadline
Admission materials submitted by:
Fall semester: June 15 (recommended for international students*)
Spring semester: November 15

*Spring 2026 is the earliest we can admit international students, unless you have an F1/J-1 status for another full-time, residential program and add this program as a second major.

GMAT/GRE
Not required

Format and length
In-person, 30 credits, 2 years

Location
Ames, Iowa

Program tuition and fees*

Iowa residents: $818/credit hour + fees
Non-residents: $1,825/credit hour + fees
International students: $1,931/credit hour + fees

*Tuition and fee rates are subject to change
Cost of attendance – click here to review a general estimate. This is a university page.

Curriculum

This 10-course program provides a strong foundation in the primary functional areas of finance and computer science— corporate, investments, derivatives, and risk management. The courses can be completed in 2-3 semesters.

Electives offer a more customized experience and give students the opportunity to delve into personal interests in finance and computer science.

Our state-of-the-art facility provides students with hands-on experience. Small classes allow ample interaction with internationally known faculty who are engaged in cutting-edge research.

In addition, the MFT program is STEM designated, which allows international students the opportunity to extend their Optional Practical Training (OPT) work permit for up to 36 months after graduation.

You can also step up your finance game by adding an MBA with our double degree option. Scholarships and assistantships are also available.

For more information, contact an advisor at busgrad@iastate.edu.

Scholarships and funding opportunities

The Ivy College of Business at Iowa State University offers financial support for select graduate students through scholarships and assistantships. Scholarships are merit-based and program-specific, with recipients notified in their acceptance or scholarship letters. A limited number of quarter-time assistantships are available for qualified students, providing valuable academic and professional experience. To learn more, visit our Graduate Funding Opportunities page.

International students

Important information for international students

*Spring 2026 is the earliest we can admit international students, unless you have an F1/J-1 status for another full-time, residential program and add this program as a second major.

Three-year degrees may be accepted if a WES or ECE transcript evaluation deems your degree equivalent to a U.S. four-year degree.

Otherwise, Iowa State University’s Graduate College does not accept three-year degrees from India, Bangladesh, Canada (excluding Quebec), Nepal, and Pakistan. Degrees from these countries are internally reviewed individually if submitted directly to Iowa State.

Additionally, Iowa State University’s Graduate College does not accept HNDs (Higher National Diplomas) without a top-up degree. It is acceptable if your WES or ECE course-by-course evaluation determines your three-year degree equivalent to a U.S. four-year degree.

For questions regarding internal reviews and top-up degrees, please contact gradhelp@iastate.edu.

Helpful links

International Students and Scholars Office
Admissions information for international students
English requirements

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Take the next step

The master of financial technology degree program is delivered on campus and can be completed by taking 10 classes — five in computer science and five in finance and business analytics.

Customized career advice

Whether you’re angling for a promotion or you want to polish your resume, the Graduate Career Services team offers each student personalized, custom advice and services for your climb up the corporate ladder.   

Connect with us

Graduate Student Services

1420 Gerdin Business Building
2167 Union Drive
Ames, Iowa 50011
busgrad@iastate.edu
515-294-8118

 

Questions?

Send us an email: busgrad@iastate.edu or call 515-294-8118.