An entering cohort size is approximately 15-20 students per year, and admission is highly competitive.
Requirements for admission:
- a minimum GMAT score of 550**
- an undergraduate GPA of at least 3.0 (junior/senior GPA will be considered if better than overall)
**ISU Finance majors with a 3.25 GPA or better and all grades in required finance courses are B or better do not need to submit GMAT or GRE.
Additional factors that will be considered are:
- professional work experience, including internships
- leadership experience
- strong references from employers or faculty
- a convincing rationale for pursuing the degree
The average student admitted to the MFin program will have a GMAT score of 615, an undergraduate GPA of 3.44, prior exposure to accounting and finance at the undergraduate level, and a year of calculus. Students without prior background in accounting and finance will be required to take one course of each, and these will not count toward the 30 credits needed for the MFin degree.
Although the standard sequence begins in the Fall semester, the program admits students year round.
Incoming students are presumed to have familiarity with matrix algebra and basic calculus, such as limits, derivatives, and integrals. In addition, students are expected to have familiarity with basic probability and statistics, including probability distributions and hypothesis testing.