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MS in Finance
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  1. Home
  2. Programs
  3. MS in Finance
  4. Admissions
  • Deadlines and Tips
  • Class Profile
  • Tuition and Financial Aid
  • Talk with a Student
  • Contact Us

Application requirements

Applicants to the Kelley MS in Finance program will submit transcripts from their undergraduate institution, a resume, a personal statement, two letters of recommendation, and in some cases, a score from either the GMAT or GRE standardized test. Applicants from non-US institutions must also submit scores from the TOEFL or IELTS exam. After the Admissions Committee reviews these materials, they will invite competitive applicants to interview with us, either in person or remotely.

A group of MS in Finance students sit around a conference table in a team meeting with the executive director of the program.

We encourage you to apply. Get started with our application instructions.

Application deadlines and tips

We are looking for candidates who have excelled academically, especially those who have shown an aptitude for quantitative work either on their undergraduate transcript or on a standardized test score. Candidates from any undergraduate major are welcome. Prior work experience in business is a plus but is not required.

Contact a student representative

Kelley MSF student representatives provide peer-to-peer support, sharing firsthand experience and insights with MSF candidates.

Talk to a student

How we evaluate candidates for admission

We’ll consider your:

  • Academic Record
    A grade point average of 3.2 and above is expected. The average application GPA for the 2024 entering class was 3.6 on a 4.0 scale. Unofficial transcripts are accepted for initial review. Upload unofficial copies of all college or university transcripts to the Additional Uploads section of the IU Online Graduate and Professional Admissions Application. Official transcripts may be required during the application review upon request by the Admissions Committee. Those who are admitted and accept their offer will be required to submit official transcripts.
  • Resume
    You’re more than test scores and GPA. We’ll look at your extracurricular activities, work history, volunteer projects, and military experience.
  • Personal Statement
    Share your career plans and how you think the MS in Finance program will help realize your goals—and demonstrate your written communication skills. The statement should be concise—about 500 words.
  • Letters of Recommendation
    All applicants must submit two letters of recommendation. We prefer that letters come from your undergraduate professors or people who have been your direct supervisors in a professional setting.
  • GMAT/GRE Scores
    • Official codes: GMAT, 8ZG-41-82; GRE, 001324
    • A GRE or GMAT score is required unless waived by the admissions committee. Are you interested in being considered for a GRE/GMAT waiver? Please submit a pre-application advising form but be sure to attach your transcripts and resume. These materials will be required for GRE/GMAT waiver review. Please also email msfin@iu.edu to notify the admissions team you would like to be considered for a waiver. The committee will follow up with you regarding your request.
    • Please note that no GMAT/GRE scores are required for current Kelley students on the IU Bloomington campus.
  • TOEFL Score or IELTS Score
    All applicants from non-US institutions must take the TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System). Please have your official scores sent to Indiana University Bloomington. Our TOEFL code is 001324.
    • Minimum scores required:
      • TOEFL: 620 or above, 105 on iBT, 260 or better on machine-scored test
      • IELTS: 7.5 or above
  • Interviews
    Competitive applicants near Bloomington, Indiana, may be invited to campus for interviews. Applicants outside of the area will be interviewed in-person, via Zoom, or over the phone. 

Join the next MS in Finance class at Kelley

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Questions?

Contact us at msfin@iu.edu to talk about the MS in Finance and your career goals.

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