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 exam. After the Admissions Committee reviews these materials, they will invite competitive applicants to interview with us, either in person or remotely.
Application requirements

We encourage you to apply. Get started with our application instructions.
How we evaluate candidates for admission
We’ll consider your:
- Academic Record
A grade point average of 3.2 and above is expected. 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
Provide information for the recommenders who know you academically and professionally. - GMAT/GRE Scores
- Official codes: GMAT, 8ZG-41-82; GRE, 001324;
- If you have a 3.5 or higher GPA on a 4.0 scale, you may be eligible 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@indiana.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 Kelley students on the IU Bloomington campus. +Kelley students with a 3.2 or higher GPA on a 4.0 scale are not required to submit GMAT/GRE scores.
- TOEFL Score
All applicants from non-US institutions must take the TOEFL (Test of English as a Foreign Language). We do not accept IELTS scores. Minimum TOEFL scores required: 105 on new iBT, 620 or above, 260 or better on machine-scored test. Our TOEFL code is 001324. - 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.
Questions?
Contact us at msfin@indiana.edu to talk about the MS in Finance and your career goals.
