Quick Answer
MIT Sloan, UC Berkeley Haas, Yale and UCLA Anderson are the highest-ranked US schools in the QS Master’s in Finance ranking 2027 (positions 3, 6, 7 and 9). Four US schools make the global top 10. Total program costs we could verify run from about $53,000 to $113,361, and several programs, including MIT Sloan, UT Austin and USC, treat GMAT/GRE scores as optional. Always confirm fees and deadlines on each program page.
Ranking source: QS Master’s in Finance ranking 2027, published 16 September 2026, as reported by Poets&Quants. We could confirm only the top 10 positions.
Top US Universities for MS in Finance
| University and Program | QS 2027 Finance Rank | Total Cost (verified) | Length | GMAT/GRE | STEM |
|---|---|---|---|---|---|
| MIT Sloan: Master of Finance | #3 | Not verified; check MIT Sloan tuition page | Entry term: Summer (July) | Optional; no negative inference | Not stated on the page we read |
| UC Berkeley Haas: Master of Financial Engineering (MFE) | #6 | Not verified; Haas lists budget up to $5,000 for pre-program courses | Check Haas | Not verified | Not verified |
| Yale School of Management | #7 | Not verified | Confirm the exact program on Yale’s site | Not verified | Not verified |
| UCLA Anderson: Master of Financial Engineering (MFE) | #9 | $113,361 program fees, insurance and student fees, 2026-27 (about ₹1.10 crore); estimated cost of attendance $122,854 | 4 quarters, Fall 2026 to Fall 2027 | Policy not stated on pages we read; class medians GMAT 675, GRE Quant 169 | Yes (36 months OPT) |
| USC Marshall: MS in Finance | Not verified | $94,872 including fees, 2025-26 rates (about ₹91.8 lakh) | 3 semesters, about 16 months | Optional | Not verified |
| UT Austin McCombs: MS in Finance | Not verified | $53,000 non-resident total (about ₹51.3 lakh); page is undated, so confirm | 10 months, July to May | Optional | Yes (36 months OPT) |
| Princeton University: Master in Finance (MFin) | Not verified | Not verified | Not stated | Not stated | Not verified |
Costs are quoted from each university’s own pages where we could read them, converted at about ₹96.8 per US dollar. “Not verified” means we could not read a current figure, so check the program page. Columbia, NYU Stern and other New York programs also recruit heavily on Wall Street; confirm the exact program name and fees on each university’s site.
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A Closer Look at the Top Programs
MIT Sloan
MIT Sloan’s Master of Finance ranks third in the QS 2027 finance ranking. GMAT or GRE scores are optional, applicants without a score are reviewed with no negative inferences, and the next application deadline is 5 January 2027 for the Summer (July) term.
UC Berkeley Haas
The Master of Financial Engineering (MFE) ranks sixth in QS 2027 and suits students targeting finance, technology or data science careers. Haas recommends budgeting up to $5,000 for pre-program courses on top of the program cost; check the Haas financial aid page for current MFE tuition.
UCLA Anderson
UCLA Anderson’s MFE ranks ninth in QS 2027. It runs four quarters from Fall 2026 to Fall 2027, costs $113,361 in program fees, insurance and student fees for the 2026-27 class (estimated cost of attendance $122,854), and is STEM-designated. Degrees must represent at least 16 years of schooling, which matters for Indian applicants with three-year degrees, so confirm your eligibility early.
Also read: GMAT vs GRE: Differences and How to Choose
Eligibility
Most top programs expect a strong academic record, English proficiency test results for international applicants, and in some cases GMAT or GRE scores. Programs set their own GPA expectations, and none of the program pages we read stated a fixed minimum. At UCLA Anderson, the stated English minimums are TOEFL 87 or IELTS 7.0, though most admitted students score higher.
Do You Need GMAT or GRE for an MS in Finance in the USA?
Not for every program. Several now treat scores as optional and weigh your academic record and quantitative coursework more heavily. Where you do plan to take a test, see GMAT vs GRE: differences and how to choose and our list of top universities in the USA without GRE.
| Program | GMAT/GRE Policy | English Test |
|---|---|---|
| MIT Sloan Master of Finance | Optional; applicants without a score are reviewed with no negative inferences | Check MIT Sloan |
| UT Austin McCombs MS in Finance | Optional; applicants are not disadvantaged without scores | Check McCombs |
| USC Marshall MS in Finance | Optional | TOEFL or IELTS unless you qualify for the English-language test waiver |
| UCLA Anderson MFE | Policy not stated on the pages we read; recent class medians: GMAT 675, GRE Quant 169 | TOEFL 87 or IELTS 7.0 minimum, though most admits score higher; degrees must represent at least 16 years of schooling |
Cost of an MS in Finance in the USA
The verified totals below are tuition and fees for the whole program, not living costs. For college-wise fees across other US masters programs, read cost of an MS in the USA for Indian students.
| Program | Total Cost (USD) | Approx. INR at ₹96.8 | What It Includes |
|---|---|---|---|
| UT Austin McCombs MS in Finance | $53,000 | ₹51.3 lakh | Tuition for summer, fall and spring, non-resident total; excludes living costs |
| USC Marshall MS in Finance | $94,872 | ₹91.8 lakh | 36 units at $2,541 plus $3,396 fees (2025-26 rates; expect a 3 to 5% annual increase) |
| UCLA Anderson MFE | $113,361 | ₹1.10 crore | Program fees $100,719, health insurance $10,023 (waivable) and student fees $2,619 for the 2026-27 class |
| UCLA Anderson MFE: estimated cost of attendance | $122,854 | ₹1.19 crore | Adds housing, food, books, travel and personal expenses |
Tuition figures are reviewed periodically. Verify current fees directly with each university before applying.
STEM-Designated MS in Finance Programs and 3-Year OPT
UT Austin McCombs MS in Finance and UCLA Anderson MFE state that they are STEM-designated. For international students, that means a 24-month OPT extension on top of the standard 12 months, 36 months in total. We could not confirm the designation for MIT, Berkeley, USC or Yale from the pages we read, so check each program page and talk to the university’s international office. For how OPT works, read the OPT in USA guide 2026.
Application Deadlines for the Next Intake
| Program | Deadline | Note |
|---|---|---|
| MIT Sloan Master of Finance | 5 January 2027 | Entry term is Summer (July); application fee $150 |
| USC Marshall MS Finance | Round 1: 1 Nov 2026; Round 2: 15 Jan 2027; Round 3: 15 Apr 2027 | International applicants should apply in Round 1 or 2 because of visa timing |
| UCLA Anderson MFE | Round 1: 30 Nov 2026; Round 2: 31 Jan 2027; Round 3: 1 Apr 2027 | 2027-28 intake |
Dates are from each program’s admissions page and can change, so confirm before you plan.
Application Process
Application processes vary by university, but most follow a similar core sequence, using the University of Texas as a representative example:
- Navigate to the program page and locate the online application form.
- Add your personal and academic details.
- Upload documents supporting your graduate program eligibility (transcripts, test scores, resume).
- Submit letters of recommendation and your statement of purpose.
- Pay the application fee and submit before the program’s deadline.
Career Outcomes and Salary
Graduates from top MS in Finance programs move into roles such as the ones below. Salary figures differ by program and class, so read each school’s latest employment report before you compare. Popular roles include:
| Job Role | Typical Focus |
|---|---|
| Investment Banking Analyst | Capital raising, M&A advisory, financial modelling |
| Financial Engineer / Quant Analyst | Quantitative modelling, derivatives, risk analysis |
| Corporate Finance Analyst | Budgeting, forecasting, capital allocation within companies |
| Portfolio/Asset Management Analyst | Investment strategy, portfolio construction and monitoring |
| Risk Management Analyst | Assessing and mitigating financial and operational risk |
Financing Your MS in Finance
With verified program totals from about $53,000 to over $113,000, financing is a real consideration for most Indian students. GradRight connects you with 18+ lending partners, Indian and international banks and NBFCs, so you can compare interest rates and repayment terms in one place, with unbiased guidance from a financial expert throughout, and approval possible in as little as 10 days.
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Find Your Best-Fit Finance Program
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