University of Michigan MS Finance: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

M.S. in Finance from University of Michigan 2026 Entry: Dates, Fees, Eligibility, Entry Requirements etc.

Dearborn, MichiganLocation
UniversitySchool type
Estd1959established year
9330enrollment
Public
Dearborncampus
7.9/10

Master of Science [M.S] (Finance)

16 months
Full Time
On Campus

Field of Study

$30,736 /Yr


Important Alert

  • Application Deadline For Winter 2026 Intake - Sep 1, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$30736

Other Expenses

HeadAvg Cost Per Year
Living Expenses$15013
Books and supply$1300

Per Credit Cost: $2,049

Previous Year Tuition Fees

Year1st Year Fees
2023$27936
2021$26163

Important Dates

Admissions are accepted on a rolling basis.

EventApplication Date
Application Deadline For Winter 2026 Intake Sep 1, 2025
Application Deadline For Fall 2026 Intake May 1, 2026
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M.S. in Finance from the University of Michigan: Overview

The M.S. in Finance at the University of Michigan is a 12 to 16-month, full-time postgraduate program offered by the College of Business. Applications are accepted for multiple intakes. The Deadline for Winter 2026 is 1 September 2025, and the deadline for Fall 2026 is 1 May 2026. Admission requires a four-year Bachelor’s Degree or equivalent in a closely related field, with a minimum GPA of 3.0 or above. Completed course in algebra, trigonometry, pre-calculus and calculus. Accepted English proficiency exams include TOEFL, Duolingo and IELTS. Students must submit an enrollment non-refundable deposit of $250. The program offers various scholarships and financial aid options for eligible students. The University of Michigan is ranked #44 globally by QS World University Rankings 2025.

M.S. in Finance from the University of Michigan: Dates

Applications for the M.S. in Finance from the University of Michigan are accepted for multiple intakes. The Deadline for Winter 2026 is 1 September 2025, and the deadline for Fall 2026 is 1 May 2026. Students should start applying as early as possible. Admissions are accepted on a rolling basis.

M.S. in Finance from the University of Michigan: Fees

The Annual cost of pursuing an M.S. in Finance from the University of Michigan is approximately $32,036(INR 27,35,816), including $30,736 in tuition and the rest in other fees. An estimated cost of $15,013 for living expenses.

M.S. in Finance from the University of Michigan: Module

The M.S. in Finance from the University of Michigan includes the following modules:

Semester Core Components Elective Courses
Semester 1
  • ACC 505: Developing and Interpreting Financial Information
  • BE 530: Economic Analysis: Firm and Consumer
  • FIN 531: Finance Fundamentals and Value Creation
  • Elective: Investment Fund Management
Semester 2
  • FIN 650: Corporate Valuation and Strategy
  • FIN 652: Derivatives and Risk Management
  • Elective: Fixed Income Securities
Semester 3
  • FIN 654: Banking, Insurance, and Fintech
  • Elective: Algorithmic Finance using Python
  • Elective: Cost Management

Eligibility & Entry Requirement

School

College of Business

Academic Requirement

A four-year Bachelor’s Degree or equivalent in a closely related field, with a minimum GPA of 3.0 or above. Completed course in  algebra, trigonometry, pre-calculus and calculus. 

English Language Requirements

  • TOEFL(iBT) Minimum Score of 79
  • IELTS: Minimum Score of 6.5
  • Duolingo Minimum Score of 105

Application link

Application link

Total Credits

30-33

Course Duration 

12 to 16 Months

Application Fee

$60

Documents Required

  • Online application
  • Application fee
  • Transcripts
  • English language Proficiency score
  • Copy of passport
  • Resume
  • Statement of Purpose
  • One Letters of Recommendation

Scores Required

79 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

105 / 160

Avg. Score in

Duolingo

60

Application Fees

30

ECTS Credits



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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Gyandhan ScholarshipScholarship per student$ 1,207/Yr$1,207Level Of StudyMasterTypeMerit-Based
1st Formations Business ScholarshipScholarship per student$ 636/Yr$636Level Of StudyBachelorTypeMerit-Based
Paul Foundation scholarshipsScholarship per student$ 20,174/Yr$20,174Level Of StudyDiplomaTypeMerit-Based
Liberty University Scholarships:Scholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
The Kay-Grant Group ScholarshipScholarship per student$ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based

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