Master's in Finance Frequently Asked Questions

Common questions about our Master's in Finance program.

Is the master's in finance program STEM certified?

Yes! The University of San Diego Master of Science in Finance Program (MSF) has recently received STEM field classification based on the Department of Education guidance. The STEM designation for the MSF program at the University of San Diego School of Business will be effective starting with the incoming Fall 2018 class.

The Department of Homeland Security (DHS) has determined that international graduates who attend STEM-Science, Technology, Engineering and Mathematics-designated programs may be eligible for Post-Completion Optional Practical Training (OPT) for up to three years in the U.S, up from one year for programs without the designation. This recognition will increase the value of the degree to domestic employers and boost our international graduates' competitiveness and also facilitate job placement.

Can I waive the TOEFL/IELTS?

We require international applicants to submit TOEFL or IELTS scores unless the language of instruction at their undergraduate institution was entirely in English. International applicants who received a bachelor degree from a university in the United States can also have the TOEFL waived. If you’d like to request a TOEFL/IELTS waiver, please email

What is the minimum TOEFL/IELTS score? What is the school code for the TOEFL and the IELTS?

The minimum score for the TOEFL is a 92 and the minimum score for the IELTS is a 7.0. The school code for both the TOEFL and the IELTS is 4849.

I am an international student. Can I submit my international transcript evaluation after I receive my admissions decision?

If you were educated outside of the United States, we require you to have your degree evaluated by World Education Services. This degree evaluation must be completed before the admissions committee can review your application.

I have a three-year bachelor degree. Am I still eligible to apply?

If you were educated outside of the United States, we require that you have your degree evaluated by World Education Services. This degree evaluation will inform the MSF admissions committee if your undergraduate degree is equivalent to a four-year U.S. bachelor degree. This degree evaluation must be completed before the admissions committee can review your application.

Does the MSF program require any prerequisite coursework?

Yes. Students are required to complete one semester of calculus prior to entering the MSF program.


How much does the Master’s in Finance program cost?

The tuition for the MS in Finance program for the 2017-18 academic year is $1,420 per credit hour for a total tuition charge of $45,440. Note that tuition cost does not include the cost of books or other class materials.


Are there scholarships available?

We’re happy to announce that we offer merit-based scholarships for MSF students. Scholarship amounts are determined by overall competitiveness and academic merit of the applicant and awards are specified at the time of the admission offer.


Do you accept the GRE and the GMAT? What is the school code?

We accept both GRE scores and GMAT scores. The school code for the GRE and for the GMAT is 4849.


Can the GMAT/GRE requirement be waived?

Unfortunately, the GRE/GMAT requirement cannot be waived.


Is there a required minimum GMAT/GRE score?

There is no required minimum GMAT/GRE score.

Does the MSF program require any work experience?

No, the MSF program does not require any work or internship experience prior to entering the program.