phd in finance in usa without gmat

PhD in Finance - Admissions

Apply to Gies, form your future in finance academia

The Finance PhD program seeks to admit students with the highest possible aptitude and potential for academic careers. Admission is based on the applicant’s background and accomplishments, potential for academic and professional success, stated educational and professional goals, and letters of recommendation. Decisions are made by a faculty committee and depend upon available space and the qualifications of the other applicants.

Admission Requirements

Minimum requirements for admission are as follows:

• Completion of a baccalaureate degree from an accredited U.S. institution or its equivalent from a university in another country.
• The minimum acceptable grade point average for admission is a 3.0 average (A = 4.0) in the last 60 hours of undergraduate coursework and in all graduate coursework.
• Acceptable scores on the verbal and quantitative sections of the Graduate Management Admission Test (GMAT). While there is no required minimum score, the average score of students admitted in recent years is over 700. The Graduate Record Examination (GRE), with an average quantitative score being 160, is accepted as a substitute for the GMAT. GRE scores are reported electronically by the Electronic Testing Service (ETS).  Please self-report your score on your application and request ETS to report your score electronically to the University of Illinois (Institution Code 1836, Department Code 4102).
• International applicants from countries whose first language is not English are required to submit results of the Test of English as a Foreign Language (TOEFL). Certain international applicants are exempt from the TOEFL requirement. Please see English Proficiency Requirements for details.
• IELTS is jointly owned by University of Cambridge ESOL Examinations (Cambridge ESOL), British Council and IDP Education Australia: IELTS Australia.

Application Deadlines

For 2024-2025 Academic Year: October 1, 2023 through January 15, 2024

Frequently Asked Questions

Can i apply for the spring semester.

No. Admission to the Ph.D. program is only offered for the Fall semester.

Are all international applicants required to submit TOEFL scores?

• International applicants are required to submit results of the Test of English as a Foreign Language (TOEFL), unless they satisfy one of the conditions for exemption listed below. Applicants are exempt from the TOEFL requirement if one or both of the following conditions are met:
• The applicant has completed at least two academic years of full-time study (as defined by the home institution) within five years of the beginning of the proposed term of enrollment, or the applicant has completed a graduate degree, in a country where English is the primary language and at a school where English is the primary language of instruction. That is, English must be both the language of the country and the language of instruction at the school.
• The applicant is from a country in which English is both the primary language and the official language. Please be aware that if you are admitted into the program you will be required to provide a TOEFL score in order to fulfill the TA requirement

Do you accept GRE scores in place of GMAT scores?

Yes, we accept GRE scores in place of GMAT scores.

How long does it take students to finish the program?

For most students, the program takes five years to complete.

Do I have to take the SPEAK test as part of the admission requirements?

The SPEAK test is not required for admission. However, international students must take the SPEAK test after they arrive on campus. (The University of Illinois requires that graduate students whose native language is not English pass the SPEAK test before they can be appointed as Teaching Assistants.) The Department of Finance makes arrangements for students to take this test on campus during the first year of the program.

Do you admit students who do not have a Master’s degree?

Yes, we admit students who do not have a Master’s degree. If admitted into the Finance PhD program, a Master’s degree can be earned, but students desiring a terminal masters degree are not admitted to the PhD program and should consider applying to the M.S. in Finance or the Masters of Business Administration.

Am I eligible to apply to the program?

If you have an undergraduate degree from an accredited U.S. college or university, or the equivalent from a university in another country, you are eligible to apply.

In a typical year, how many people apply and how many are admitted?

In recent years, around 100 people applied for an entering class of 3 students.

Do you provide financial support?

All admitted students are offered a tuition waiver plus a living stipend for 5 years that is conditional on making normal academic progress and fulfilling their obligations as a research assistant (RA) or a teaching assistant (TA). First year students are assigned as 10-hour per week RAs. Typically, second, fourth, and fifth-year students are assigned as 20-hour per week RAs. Third-year students serve as TAs to fulfill the program requirement that they obtain teaching experience.

Are international students eligible for scholarships or financial aid?

Admitted students receive financial support, regardless of nationality.

How long will it take before I am notified of the committee’s decision?

Applications are not reviewed until after the deadline date to apply. Please allow 3-4 weeks for a decision to be made. We will notify you of our decision via email.

May I submit unofficial or non-certified copies of my transcripts and degree certifications?

Official transcripts and degree certifications are only required if admitted into the PhD program.

I received my admission letter and I am admitted on limited status. What does that mean?

You may be admitted on limited status for a variety of reasons. The admission letter will clearly indicate the admission terms and the steps that need to be completed before full-admission status can be obtained. Some possible reasons for limited-status admission are:

• admission has been granted as long as a minimum grade-point average is maintained,
• non-native English speakers admitted with TOEFL scores below 103 or below 7.0 on the IElTS are required to complete an English Placement Test prior to their first semester of classes. Based on their performance on this test, they may be required to take English as a Second Language course(s) as part of their degree requirement.

If you are admitted on limited status you will be allowed to enroll for the first semester. You must satisfy whatever restriction is indicated in your admission letter to continue in the program.

Do I have to provide the proof of funding?

No, applicants do not need to provide the proof of funding. Students admitted into our Finance PhD Program receive a waiver of tuition and most fees, along with a living stipend. Students are still responsible for a small portion of fees, typically less than $1,000.

Do you recommend preparatory math classes?

Our program is heavily quantitative, so our admissions committee will want to see competency in this area.

Can I waive the GMAT/GRE requirement?

No. The GMAT/GRE test scores are a strong indication of the quantitative and verbal skills of an applicant. While the committee considers the composite application of each applicant, an official GMAT or GRE score must be included.

How can I order my official test score reports?

You can request your official test scores for the TOEFL and the GRE from the Educational Testing Service (ETS). Applicants to the PhD program should request their scores be sent to Institution Code #1836; Department Code 00 or 02 – all department codes populate the campus score database. Please note, this is an undergraduate code; however, it does populate all campus test score databases.

GMAT scores are provided by PearsonVue. Scores should be sent to the PhD program using the code VKR-TK-03.

May I come in for an interview?

Interviews are conducted on an invitation-only basis. Please refrain from calling or emailing the PhD office to request an interview. You will be contacted by the PhD committee if an interview is necessary to make a decision on your application.

Who should write recommendation letters?

Your recommendation letters should come from academic and business sources. These recommendations should emphasize your strengths in the following areas: quantitative and analytical analysis, written and oral communication, research potential, and relevant work experience.

How do I make a change on my application once it has been sent?

Once your application is submitted you cannot make changes online. Email [email protected] to let us know if any changes that need to be done or documents that need to be uploaded to your file.

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The 10 Best PhD Programs in Finance

In essence, finance is the study of economics and the claims on resources. The best PhD programs in finance help you develop professionally so you can make difficult decisions around fund allocation, financial planning, and corporate financial management. This qualification will also equip you for a career in teaching or research at top universities.

Which of the 10 best finance PhDs is best for you?

Read on to learn everything you need to know.

Table of Contents

Why Get a Doctorate in Finance?

According to the Bureau of Labor Statistics (BLS), finance managerial professionals have an average salary of $131,710  per year, and jobs are estimated to grow by 17%  from 2020 to 2030. This is much more than the average across all occupations. With a PhD in finance, you may work as a finance manager or even become a CEO of a large corporation.

Jobs and Salaries for Doctors of Finance

After earning a PhD in finance, you can find well-paid jobs as a professor or in various corporate finance roles.

Here are some of the most common finance professions with the average annual salaries for each:

• Financial Manager ( $96,255 )
• Financial Analyst ( $63,295 )
• Finance Professor ( $73,776 )
• Chief Financial Officer ( $140,694 )
• Investment Analyst ( $67,730 )

Read More:   The Highest Paying PhD Programs

What’s the average cost of a phd program in finance.

The tuition for a PhD in finance can vary depending on the university, with public institutions generally being much more affordable than private ones.

Across all schools, the average tuition is around $30,000 per year.

However, on top of this, you need to factor in other expenses, which could add up to another $30,000 a year. Some top universities offer full funding, including tuition and a stipend for all students who are successfully admitted to the program.

Read Next: The Average Cost of a Master’s Degree in Finance

Top finance phd programs and schools, stanford university, graduate school of business.

PhD in Finance

Stanford University is one of the most prestigious business schools in the world. Its PhD in finance programs has an emphasis on theoretical modeling and empirical testing of financial and economic principles.

• Courses include: Financial markets, empirical asset pricing, macroeconomics, and financial markets.
• Duration: 5 years
• Tuition : Full funding
• Financial aid: Research & teaching assistantship, grants, outside employment, and outside support.
• Delivery: On-campus
• Acceptance rate: 5%
• Location: Stanford, California

The University of Pennsylvania, The Wharton School

The University of Pennsylvania’s renowned Wharton School of Business is home to faculty who are well-known in the field of business research. The school boasts a low student-faculty ratio in an atmosphere that allows you to work with faculty members as peers. This doctor of finance program emphasizes subjects like asset pricing, corporate finance, and portfolio management. This helps students become experts in research and teaching in these areas.

• Courses include: Topics in asset pricing, financial economics, and international finance.
• Credits: 18 courses
• Financial aid: Fellowships, grants, student employment, health insurance, stipend, and loans.
• Acceptance rate: 9%
• Location: Philadelphia, Pennsylvania

The University of Chicago, Booth School of Business

Booth School of Business is a major center for finance education because its faculty includes Eugene F. Fama, Nobel laureate and the father of modern empirical finance. This finance doctoral degree has an option for a joint PhD in collaboration with the university’s economics department.

• Courses: Financial economics, financial markets in the macroeconomy, and behavioral finance.
• Tuition : Refer tuition page
• Financial aid: Grants, stipends, health insurance, scholarships, fellowships, teaching assistantships, research assistantships, and loans.
• Acceptance rate: 7%
• Location: Chicago, Illinois

The University of Illinois at Urbana-Champaign, Gies College of Business

The University of Illinois at Urbana Champaign is one of the best places for studying and conducting research in finance. Its finance research faculty was ranked #4  in the UTD Top 100 Business School Research Rankings between 2016-2019. In this PhD in finance program, students can take the qualifying examination at the end of the first year and, if successful. They’ll be able to start their research project earlier and complete the degree sooner.

• Courses include: Empirical analysis in finance, corporate finance, and statistics & probability.
• Duration: 4-5 years
• Financial aid: Full tuition waiver, stipends, scholarships, grants, student employment, and loans.
• Acceptance rate: 63%
• Location: Champaign, Illinois

Massachusetts Institute of Technology, Sloan School of Management

The Sloan School is one of the top research centers in the world, which aims to transform students into experts who can handle real-world problems in a wide range of spheres, from business and healthcare to climate change. This PhD program in finance gives students the flexibility to choose between a wide range of electives and even study some courses at Harvard.

• Courses include: Current research in financial economics, statistics/applied econometrics, and corporate finance.
• Duration: 6 years
• Financial aid: Full tuition, stipend, teaching assistantships, research assistantships, health insurance, fellowships, scholarships, and loans.
• Location: Cambridge, Massachusetts

Northwestern University, Kellogg School of Management

The Kellogg School of Management allows students to conduct independent research under the supervision of faculty who’ve made significant contributions to the field and have earned numerous prestigious awards. This doctorate of finance program’s admission process has a dual application option. You can also apply to the Economics PhD simultaneously, so if you are not selected for the finance program, you may be considered for economics.

• Courses include: Econometrics, corporate finance, and asset pricing.
• Duration: 5.5 years
• Financial aid: Tuition scholarship, stipends, health insurance, moving allowance, and subsidies.
• Location: Evanston, Illinois

The University of California Berkeley, Haas School of Business

The Haas School of Business in Berkeley is an innovative institution that questions the status quo, takes intelligent risks, and accepts sensible failures in its path to progress. This finance PhD program offers students opportunities to learn about cutting-edge research from faculty from around the world.

• Courses include: Corporate finance theory, stochastic calculus, and applications of psychology & economics.
• Tuition : Refer cost page
• Financial aid: Fellowships, grants, tuition allowance, stipends, teaching assistantships, and research assistantships.
• Acceptance rate: 17%
• Location: Berkeley, California

The University of Texas at San Antonio, Alvarez College of Business

The Alvarez College of Business is one of the forty largest business schools in the USA. It follows a comprehensive and practical approach to education that allows students to apply the knowledge they gain directly in the workplace. This PhD in finance encourages students to do collaborative research with the faculty, which helps them publish their own academic papers before they even complete the program.

• Courses include: Corporate finance, international financial markets, and microeconomic theory.
• Credits: 84 (post-bachelors)
• Financial aid: Scholarships, grants, work-study, teaching assistantships, research assistantships, research fellowships, and loans.
• Acceptance rate: 84%
• Location: San Antonio, Texas

Liberty University, School of Business

Doctor of Business Administration (DBA) in Finance

Liberty University is a non-profit institution among the top five online schools in the USA and has been offering fixed tuition fees for the past seven years. This is one of the best PhD in Finance programs you can do completely online. It aims to prepare students to address issues in business finance through research, best practices, and relevant literature.

• Courses: Managerial Finance, Investments & Derivatives, Business Valuation, etc.
• Credits: 60
• Duration: 3 years average
• Tuition : $595 per credit
• Financial aid: Grants, scholarships, work-study, veteran benefits, and loans.
• Delivery: Online
• Acceptance rate: 50%
• Location: Lynchburg, Virginia

Northcentral University

PhD in Business Administration (PhD-BA) – Finance Management

Northcentral University was founded with the objective of offering flexible, fully-online programs to working professionals around the world. This doctorate degree in finance online is flexible and allows you to design your own schedule. You will also get one-on-one personal mentoring from qualified faculty.

• Courses include: Business financial systems, business statistics, and business leadership & strategy.
• Duration: 84 months average
• Tuition: $1,105 per credit
• Financial aid: Grants, scholarships, and military scholarships.
• Acceptance rate: NA
• Location: Scottsdale, Arizona

Things To Consider When Choosing a Finance PhD Program

The right PhD program for you is a very personal decision and will depend on several individual factors.

However, these general questions will help you to make the right choice:

• Is the university properly accredited?
• Does the university conduct innovative and cutting-edge research?
• Are there renowned faculty members who you’ll want to work with?
• Do they offer subjects or specializations that match your career goals?
• What is the school’s placement history?
• What are the tuition fees, costs, and options for scholarships and financial aid?
• Does the program offer online study options?

It’s also important to consider if you want to pursue a career in academia or work in organizations as a senior finance professional. A PhD degree will generally set you up for a career in research or academia, while a DBA is more suited to a career in business or government.

Preparing for a Finance Doctorate Program

It’s important to start preparing early if you want to be selected for one of the best finance PhD programs.

These handy tips can help you put your best foot forward:

• Research the requirements of the best universities offering PhD in finance degrees, including pre-requisite subjects and qualifying grades. Keep these in mind when completing your bachelor’s or master’s degree.
• Understand your strengths and weaknesses in relation to the program’s requirements. Work on your weaknesses and continue to hone relevant skills.
• Read extensively in the field and keep up-to-date on regional and global developments.
• Join communities of finance professionals to build your network and be exposed to the latest knowledge in the discipline.

Skills You Gain from Earning a PhD in Finance

The most important skills you learn as a doctor of finance include:

• Communication skills, including writing and presentation skills
• Data analytical skills
• Economics and accounting skills
• Critical thinking skills
• Mathematical skills
• Analytical software skills
• Management and leadership skills
• Problem-solving skills

PhD Programs in Finance FAQs

How long does a phd in finance take.

PhD programs in finance usually take between three and eight years to complete.

Is It Worth Getting a PhD in Finance?

A PhD in Finance is a qualification that’s in high demand today. It is a terminal degree and can help you get top-level jobs with lucrative salaries in corporate or large organizations.

How Much Can You Make With a PhD in Finance?

With a finance doctorate, you can expect to earn a salary anywhere from around $45,000 to $150,000, depending on your experience, role, and the organization you work for. According to the BLS, the average salary for finance PhD holders is $131,710 .

What Do You Need To Get a PhD in Finance?

The admissions requirements vary depending on the program, but you’ll typically need a bachelor’s or master’s degree in finance. The programs can take three to eight years of coursework and research.

To apply, you’ll usually need to submit:

• Application
• Academic resume
• Academic transcripts
• Recommendation letters
• GRE or GMAT score
• Personal essay

Final Thoughts

With a doctorate in finance, you can build a rewarding career in academia, research, or the business sector. Like any doctorate, these programs ask for dedication and hard work. By planning early, you’ll set yourself up to pursue one of the best PhD programs in finance.

For more on how to build your career in the field, take a look at our guides to the best master’s degree in finance , the highest paying PhDs , and fully-funded PhD programs .

Lisa Marlin

Lisa is a full-time writer specializing in career advice, further education, and personal development. She works from all over the world, and when not writing you'll find her hiking, practicing yoga, or enjoying a glass of Malbec.

• Lisa Marlin https://blog.thegradcafe.com/author/lisa-marlin/ 12 Best Laptops for Computer Science Students
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PhD How to Apply

We’re delighted that you’re interested in applying to the stevens doctoral program chicago booth..

Admission is highly competitive. About 20-25 outstanding students enter the Stevens Program each year. In evaluating applications, we consider a wide range of factors, including your academic background and performance, essays, research interest and potential, prior exposure to academic research, strength of recommendations, and standardized test scores (only where required). You may only apply to one dissertation area  per year. Please note the application for Fall 2024 admission is now closed. You can find details related to Fall 2025 admission below.

Applicants to the Stevens Program must hold a four-year bachelor’s degree from an accredited university (or expect to receive one by the time they enter the program).

Non-US residents should consult the International Applicants page  to learn more about eligibility requirements. Please note that all international applicants must determine if they meet the University of Chicago's English-language requirements before applying. You can find that information in the fluency determination section. Chicago Booth prides itself on a fair and impartial selection process. To find out more, read the Nondiscrimination Statement .

Admissions FAQ

Admissions Timeline

Please note the application for Fall 2024 is now closed. Our application for Fall 2025 admission will open in September 2024 and be available through December 15, 2024. The Stevens Program matriculates new students once a year, in the Autumn Quarter. The application deadline is December 15, and applicants are notified of their admissions decision by email. Generally speaking, all applicants should have their decisions by early March. Reviews in each area will begin at different times, after the December 15 deadline, which will impact the timing of the release of admissions decisions for each area. In advanced stages of the review process, some areas will require an interview. Applicants will be notified directly by email if they are invited to interview.

Application Checklist

To apply, please submit the following.

• Application for admission. The application for Fall 2024 is now closed. Our application for Fall 2025 admission will open in September 2024 and be available through December 15, 2024.  
• Nonrefundable application fee ($80). If you're interested in applying for a fee waiver, please see below for eligibility requirements and instructions.
• It is the responsibility of all applicants to ensure that test scores are submitted to the Stevens Doctoral Program by December 15. We will accept test scores received after the application deadline; however, if you submit them after December 15, your application may be reviewed before your scores arrive.To meet the application deadline, we recommend that you take the required test by early October. GMAT and GRE scores are valid for five years. Prior coursework or degrees at the graduate level (e.g., MBA or master’s degrees) do not exempt applicants from submitting the GRE/GMAT as part of their application.  

Please see below for area-specific score requirements: Economics: GRE is required. Finance: GRE is strongly preferred, but GMAT is acceptable. Joint Program in Financial Economics: GRE is required. Joint Program in Psychology and Business: GRE is preferred, but GMAT is acceptable.

Scores should be sent directly to the Chicago Booth Stevens Doctoral Program by listing the institutional codes below when taking the exam: GMAT: H9X-9F-05 GRE: 1501 TOEFL (if applicable): 1819 IELTS (if applicable): send TRF number to [email protected]

You may apply for a hardship request for delayed test scores if you are in an area where disruptions may be taking place. You will still have to submit your application by the deadline regardless of if you've been granted more time to submit individual scores. Please note that we can't make a formal offer of admission to an applicant until they've submitted their test scores. You can find more information below in the section titled "Hardship Requests for Delayed Test Scores."

• It is the responsibility of all applicants to ensure that test scores are submitted to the Stevens Doctoral Program by December 15. We will accept test scores received after the application deadline; however, if you submit them after December 15, your application may be reviewed before your scores arrive.
• Please see the international applicants page for valid score instructions (including minimum score requirements)
• Transcripts from all institutions attended after high school
• Letters can be submitted after the deadline, particularly if your recommenders are in an area where disruptions may be taking place. Please note that we do accept letters through Interfolio.
• Applicants will respond to writing prompts as instructed in the application. The response(s) may take the form of a statement of purpose, but a formal statement is not required to fulfill the component. For reference, you can find the application instructions below:

Please write a short essay that describes your basic research interests. Describe your exposure, if any, to research in your field of interest. Include non-academic personal or work experiences only if they are directly relevant to the formation of your research interests. Please briefly describe your long-term professional objectives.

• Optional writing sample

Hardship Requests for Delayed Test Scores:

Applicants for whom a recent natural disaster or other major, widespread disruption has affected their ability to submit required components may submit a Hardship Request as described below. Please note all applicants have to submit their application by the deadline regardless of if they've been granted more time to fulfill an individual component. If the impact of the incident or disruption makes it difficult for you to submit one or more required components – such as GRE scores,TOEFL scores, transcripts, etc.– by the deadline, please complete your application to the best of your ability and then submit a formal hardship request here. If deemed eligible, we may approve a temporary delay of test scores and allow you to submit your application without one or more required application materials (e.g. GRE or TOEFL scores), although it does not waive the requirement(s). You will still be required to submit the missing item(s) as soon as circumstances allow. Please note we cannot extend an offer of admission before official test scores have been submitted.

Application Fee: Waiver Eligibility Requirements and Instructions

Upon submission of an application, applicants will be prompted to pay the $80 processing fee. Some applicants may be eligible to receive an application fee waiver. In order to request a waiver, please review the five categories below to determine if you meet the eligibility criteria. Note that you'll only be able to submit a waiver request within the application. You'll upload the supplementary documentation there as well . We will only reach out to individuals whose request for a fee waiver has been declined. If you do not receive a confirmation of determination from us, that means you've been deemed eligible to receive the waiver and it'll be applied to your application once we've processed it. Please do not reach out to confirm the status of your waiver and note that there are often delays in it showing up on your application checklist. Be advised that application fees are non-refundable, regardless if you're later determined to be eligible for a waiver or not. Fee Waiver Categories: Category A: Current University of Chicago student or University of Chicago alumni from degree programs (includes current non-degree visiting students and past non-degree visiting students). You'll be instructed to upload your transcripts as verification. Category B: Current University of Chicago Staff (including full-time research professionals). Category C: Current/recent participants in a qualifying program. Documentation certifying participation is required. Acceptable forms of documentation include award or acceptance letters, letters from program directors, program completion certificates, etc. Qualifying programs are: AEA Summer Programs attendees Americorps/Vista Big Ten Alliance FreeApp Recipients Bill and Melinda Gates Millennium Scholars California Forum on Diversity Expanding Diversity in Economics (EDE) Summer Institute attendees Fulbright/IIE Fellowship recipient GEM GRE fee reduction voucher recipients IDDEAS participants (IDDEAS@Booth/Kellogg or IDDEAS programs hosted by other schools) Institute for the Recruitment of Teachers (IRT) Leadership Alliance Mellon Mays Undergraduate Fellowship National Name Exchange Next-Gen Psych Scholars Program (NPSP) Peace Corps PhD Project Annual Conference attendees Posse Foundation Scholars Project SHORT Public Policy and International Affairs Program (PPIA) Ronald McNair Scholars and/or Post Baccalaureate Achievement Program SACNAS Sadie Collective Summer Institute for Social Science Research Methods Teach for America U.S. Armed Forces or uniformed services: Currently serving (active duty or reserves) or honorably discharged

Category D: Current undergraduates receiving need-based financial aid from a U.S. institution: If you are currently (as of the date of the application deadline for this program, i.e. December 15, 2024) enrolled as an undergraduate student at an institution within the United States and are receiving need-based financial aid from your current institution, you may be eligible for an application fee waiver. A copy of the institution’s financial aid letter or a letter from the institution’s financial aid office is required. Category E: Individuals experiencing financial hardship: Applicants who are experiencing financial hardship and are not eligible for a fee waiver under any of the other categories may be considered for a fee waiver. Applicants requesting an application fee waiver on the basis of financial hardship must upload a brief written statement which explains their financial hardship and how they intend to cover their pre-matriculation expenses (e.g. moving expenses) if admitted. You will also be prompted to complete a hardship request form within the application. Application fees are non-refundable. If you are requesting an application fee waiver, do not pay the application fee while your request is under review. You should only pay the fee if you receive an email from us indicating that your fee waiver request has been denied. All applicants are automatically prompted to pay the application fee upon final submission of their Stevens Doctoral Program application whether an application fee waiver was requested or not, so please disregard this request for payment unless/until the fee waiver request has been denied. If your request is approved, we will manually waive the fee once we have determined your eligibility. Application fee payment will not be refunded if: -You pay the application fee before receiving our fee waiver request decision, and later have your waiver request approved. -You do not complete the fee waiver request form inside the application and pay the fee, then later realize you were eligible for a fee waiver. Fee Waiver Decision Notification We will not be reaching out to applicants whose request for a fee waiver has been approved. You will only be notified via email if your request has been denied. We do not make any determinations before your application to the Stevens Doctoral Program has been submitted, so please make sure to do so by the application deadline. Fee waiver requests are subject to review, are not guaranteed, and are not automated. Because reviews and waivers are done manually, it may take up to several weeks after the submission of your Stevens Doctoral Program application before you receive a decline notification or see your approved waiver show up on your account (fee waiver requests will not be reviewed until the full application has been submitted). Only applicants who select one of the categories above, provide the requested information/documentation, and qualify for the waiver under that category may receive a fee waiver. Fee waiver approvals are subject to the criteria listed above.

Admission to Joint PhD Programs

Joint Program in Financial Economics

Admission to the Joint Program in Financial Economics requires admission to both the doctoral program in the Kenneth C. Griffin Department of Economics and to the doctoral program at Chicago Booth, but interested parties need only apply to one or the other program. Students may enter the joint program at the beginning of their doctoral studies. Those seeking admission to the joint program should apply online to either the PhD program in the Department of Economics or Chicago Booth. The GRE is required for all applicants to this program.

Students enrolled in doctoral studies in either the Department of Economics or Chicago Booth may apply to the joint program at any time within their first two years in residence. Such students will still have to meet all of the requirements of both programs.

Enrollment and financial aid throughout a student's matriculation in the joint program will be administered by either the Division of the Social Sciences or Chicago Booth, as arranged by the two units. This designation will be for administrative purposes only and will not have programmatic implications. If a student's interests change, the director of the Stevens Program at Chicago Booth and the dean of students for the social sciences will facilitate transfers out of the joint program and into the doctoral program in economics or business.

Joint Program in Psychology and Business

Students interested in applying to the Joint Program in Psychology and Business through Chicago Booth should apply online for admission to the Behavioral Science dissertation area. Once admitted, students seek a faculty research sponsor in the Department of Psychology. After a faculty sponsor in psychology has been identified, admission to the Joint Program is generally automatic. Entry into the Joint Program in Psychology and Business normally occurs during the first year of study. Applicants should state their interest in the joint program as part of the application process so they can be given advice in making the connection to faculty in the Department of Psychology. Although the GRE is preferred for applicants to this program, the GMAT is accepted.

Joint PhD/JD Program

To earn the joint PhD/JD degree, you must be admitted to both the Law School and Booth’s Stevens Program. You may apply to both programs at the same time, or you may begin one program and then apply to the other at a later date.

US Military Personnel

Admitted students who are called to active duty prior to matriculation will be granted a deferral of admission and Chicago Booth financial aid to the following year. Deferrals will be reviewed/extended on an annual basis.

The Stevens Program at Chicago Booth accepts up to three courses in transfer credit from other approved institutions. These credits can only be used toward the coordinated sequence requirement. The Stevens Program does not grant credit for experiential learning or online courses.

For details on readmission, taking a leave of absence, resuming studies, academic grievance policies, and add/drop requirements, please see this Guidebook .

If you still have questions after reviewing our doctorate in business FAQ , please contact us. We look forward to hearing from you!

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Tippie College of Business

Phd in finance - phd programs.

PhD in Finance

In business, the big questions are usually finance questions.

Prompted by the Great Recession, and the government’s response to it, some of the greatest questions facing businesses and policymakers today are questions of finance.

Can asset bubbles be predicted and avoided? How do markets respond to political policies? More sophisticated financial modeling than ever before is opening up new avenues of study, thanks to huge volumes of data and technology-driven mathematical tools.

As you pursue your PhD in finance, you’ll work shoulder-to-shoulder with our world-renowned faculty, perfecting your research, writing, and teaching skills. By the time you hold that PhD in your hand, you’ll have everything you need to explore answers to the big finance questions—and many more of your own.

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Respected and renowned

Our faculty are among the best in the world in researching and teaching. Our dream team is composed of faculty like Professor Erik Lie , one of the world’s most influential thinkers on managerial compensation, and Professor David Bates , a renowned researcher on the stochastic process of stock returns and option pricing. Our finance faculty members are actively doing research on a diverse set of topics, including corporate finance, asset pricing and investment management, risk management and insurance, and real estate.

You’ll work closely with these and many more finance faculty, and among them you’ll find mentors and dedicated scholars alike.

See faculty research

“I applied to schools all over the world, including some very famous schools in Asia and Europe, but I finally chose the University of Iowa. I made a very good choice.” Jasmine Shu, PhD, Finance Read Jasmine's story

Since 2001, Tippie finance PhDs have accepted tenure-track faculty positions at an impressive list of universities as their initial placements:

• Bilkent University, Turkey (2)
• Bradley University *
• California State University-Fullerton (2)
• City University of Hong Kong
• Drexel University
• Fordham University
• Higher School of Economics, Russia
• Iowa State University (2)
• Kansas State University
• Lehigh University (2)
• Louisiana State University
• Miami University (Ohio) *
• Michigan State University
• Singapore Management University
• St. Louis University
• Sungkyunkwan University, South Korea
• University of Alabama-Huntsville
• University of Arizona
• University of Binghamton
• University of Buffalo (2)
• University of Illinois-Chicago *
• University of Missouri (2)
• University of New Hampshire (2)
• University of Richmond
• University of Saskatchewan, Canada
• University of Texas-El Paso
• University of Toledo
• Washington State University
• West Texas A&M University

But it’s not just academia clamoring for finance PhDs. Financial service industries and financial market regulators are leaning on finance PhDs to steer their strategy. Our PhD program is STEM-designated, which offers flexibility to students interested in "alt-ac" job opportunities. Since 2001, our finance PhDs have joined non-academic institutions such as:

• Brattle Group
• Ibbotson Associates
• Jacob Levy Asset Management
• Promontory Financial Group
• Securities and Exchange Commission
• State Street Global Advisors

Finally, our finance PhD program has a very long history—it goes back to the 1980s. Before the recent two decades, the initial placements of our finance PhDs already included a very impressive list of universities, such as:

• Case Western University
• Iowa State University
• National Taiwan University
• Tulane University
• University of Oklahoma
• University of Texas-San Antonio
• University of Wisconsin-Madison
• Yuan Ze University

“Academics in general is a close community and the relationships I’ve made at Iowa will last a long time. It’s competitive, but it's also small and collaborative." Brooke Wang, PhD, Finance Read Brooke's story

First, you need to meet the minimum PhD admission requirements . Other criteria for admission include:

Academic record

An undergrad concentration in finance or economics isn't required to be admitted. The minimum GPA is 3.0 on a 4.0 scale. We also consider the rigor of your undergrad or master's institution(s), and grades you earned in finance, econ, stats, and math courses. The recommended background is coursework in finance and economics through intermediate micro and macro, math through one year of calculus, and introductory mathematical statistics.

GMAT or GRE score

Our admitted students average around 700 on the GMAT. The quantitative scores in particular are considered.

Letters of recommendation

We're interested in their assessment of your strengths, weaknesses, motivation, and ability to succeed.

English proficiency

This requirement applies only to international applicants whose native language is not English. We follow the Graduate College's  English proficiency requirements . 

Statement of purpose

Content and overall seriousness are considered.

Curriculum and sample plan of study

The PhD in finance requires 72 semester hours of credit, in addition to a dissertation. The typical time to complete the degree is five years.

The first year, finance PhDs take three or four courses per semester, depending on their background in finance, and three courses per semester in year two. The finance electives in year one are normally MBA-level courses, but if you've already covered this material, we may give you an exemption (these exemptions are at the discretion of the PhD director). We sometimes give exemptions for statistics as well.

Finance Department Handbook

• Youth Program
• Wharton Online

PhD Admission Requirements

The goal of the Accounting PhD program is to train students to do rigorous research in accounting, a specialized area of financial economics. An institutional understanding of how accounting information is used by capital market participants and/or within firms is useful and best obtained through relevant work experience, but is not required. The program is highly analytical and quantitative. Thus, a strong undergraduate preparation in microeconomics and mathematics is an advantage, as is some prior training at the undergraduate or graduate level in accounting, finance, or economics.

Except for the GMAT or GRE general test which is required of all applicants, there are no formal admission requirements. The TOEFL test must be taken by applicants whose native language is not English.

Additional PhD Information

• Apply to Wharton
• Doctoral Inside: Resources for Current PhD Students
• Welcome to Philadelphia Video
• Policies and Procedures

• UB Directory

School of Management

Phd in management.

Explore and expand the frontiers of human knowledge in a diverse and supportive environment.

Join an intellectual community where leading researchers and award-winning teachers encourage a rich mixture of thoughts, ideas, camaraderie and discipline. 

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Phd in management disciplines.

Employers of Recent Graduates

Engage in research that drives change.

UB’s passion for rigorous research is matched only by a deep commitment to positive change. We bring together unconventional thinkers—researchers, scholars and artists—who collaborate across disciplines to push the boundaries of knowledge and creative expression, and consistently endeavor to lead a new way forward. Learn more about our research and economic development .

UB’s ​PhD in Management qualifies as a STEM (science, technology, engineering and mathematics) program, which provides an additional 24 months Optional Practical Training (OPT) for F-1 visa holders. For more information, visit the Department of Homeland Security's Study in the States website or UB's International Student Services Office.

The PhD Project

The UB School of Management is an active participant in  The PhD Project , a national organization whose mission is to expand workplace diversity by increasing the diversity of business school faculty. Today, The PhD Project's expansive network of supporters, sponsors and universities helps Black/African Americans, Latinx/Hispanic Americans and Native Americans attain their business PhD and become the business professors who will mentor the next generation of leaders.

UB’s PhD Excellence Initiative

UB’s PhD Excellence Initiative seeks to ensure that our programs remain among the strongest in the world by recruiting the best PhD students, providing exceptional educational and research training, improving retention of students, reducing time-to-degree and more.

E. Han Kim, PhD ’75

• Everett E. Berg Professor in Business Administration, University of Michigan in Ann Arbor

Sara Melendy, PhD ’05

• Professor of Accounting, Gonzaga University School of Business Administration; Founder, Justice for Fraud Victims Project

Niam Yaraghi, PhD ’14

• Associate Professor of Business Technology at Miami Herbert Business School; Nonresident Senior Fellow, Brookings Institution's Center for Technology Innovation

Marty Spitzer, PhD ’92

• Senior Director of Climate and Renewable Energy, World Wildlife Fund

Jasmina Tacheva, PhD ’19

• Assistant Professor, Syracuse University School of Information Studies

Hamed Ghahremani, PhD '19

• Assistant Professor, Department of Management and Marketing, University of New Orleans

Lemma Senbet, PhD ’76

• William E. Mayer Chair Professor of Finance, University of Maryland

The School of Management uses a test-optional admissions process for our PhD program. You have the option to submit GMAT or GRE scores in support of your application, but are not required to do so.

Finance Graduate Programs & Schools in United States

Finance graduate programs: overview.

Finance Graduate Programs could prepare students to plan, manage and analyze the money, assets and investments of business enterprises. Students are often able to build expertise in a niche such as corporate finance, risk management or investment banking.

There are Finance Graduate Programs at the Masters and Doctoral levels, as well as certificates. A graduate degree in finance could bolster students’ knowledge of managerial economics, mathematical analysis, financial markets and more.

There are many different ways to study finance at the graduate level. In some finance graduate programs, finance is the ‘star of the show’ and covered from multiple angles. There are also business administration degrees where students could major in finance, but also study to gain overall managerial and business decision skills.

Either way, most graduate programs in finance are formatted around a set of compulsory courses which may rely on case analysis, independent and team based projects. These courses often form the backbone of the program in that they may introduce students to a wide array of financial concepts and practices.

Some programs may entail an internship and most culminate in some type of capstone project on top of courses, assignments and exams, s. This is often an opportunity to apply course material to solve a real-world company’s business problem, or implement a start-up idea.

In addition, students are often able to select from a broad range of electives in areas of emphasis, or what may be called ‘career tracks’. Career tracks are designed to narrow the field down a bit to help learners build well defined skills that may align with professional goals.

These areas do vary between schools and therefore might help each student decide where to apply. Two such areas are (1) financial planning and (2) banking.

Financial Planning Graduate Programs

A graduate degree in Financial Planning could enable students to help others meet their life goals through proper management of financial resources.

Some masters programs in financial planning may be registered with the Certified Financial Planner Board of Standards Inc. This could provide the requisite education for candidates who want to be eligible to sit for the CFP® Certification Examination.

Students might be able to pursue licensure as a CPA if the program also satisfies the 150-academic-credit-hour requirement needed in some states. If these are your goals, make sure to follow up with your selected schools.

Banking Graduate Programs

The advent of technology has brought on the need to understand areas such as online money market funds and crowdfunding. Graduate banking programs could orient students areas such as internet finance and digital banking.

Coursework could stack a series of finance and accounting courses with studies in the legal and economic environments of the global marketplace. Other key courses could cover big data and statistical analysis as well as principles in financial technology.

DID YOU KNOW? Per the BLS , masters degree and certification could improve one’s chances for advancement as a personal financial advisor.

What Do You Study in Finance?

While there is no ‘one’ curriculum for all graduate programs in finance, students might explore topics as diverse as tax codes, private equity, venture capital, financial planning and beyond.

Popular Schools with Finance Graduate Programs in United States

There is often a significant focus on how the markets function and fluctuate. Also, students could learn to wisely and effectively manage and ease the risks that are inherent to the investment process.

Below are some of the general finance-related topics that may be explored in some finance graduate programs. Make sure to refer to individual schools for their syllabus.

• Financial Accounting: Concepts and practices of accounting for finance professionals. For instance, students might be exposed to financial statements and could learn about assets, liabilities and cash flow.
• Financial Management: A course usually intended to help students develop the financial skills and ability to think logically about things such as the cost of capital, stocks and bonds and capital markets.
• Managerial Accounting: Students often learn how to produce information needed for managerial decisions related to things like cost analysis, budgets and performance metrics.
• Corporate Finance: This type of course could discuss the management of the flow of funds available to an organization with an eye to capital planning and wealth preservation.
• Modeling and Analytics: Often similar to statistics, students could learn to navigate and use financial instruments. This might include econometrics software and/or research methods associated with financial analysis.
• Regulatory Environment: Students could learn to about the laws that regulate the markets, the nature of contracts, dispute resolution and ethical business practices.

Finance vs. Accounting

Finance and accounting are distinct disciplines. While it is often the case that students who work towards a graduate finance degree might take some accounting courses.The two fields are often grouped together because both functions could deal with the administration of a business’ assets.

However, accounting and finance often require specific skills and knowledge, and consequently, could lead to very different career paths.

• Finance: Essentially, finance is the science and strategy behind how a business’s assets are distributed which requires a plan for the future. This might include the coordination of capital investments and debt backed investments to improve the value of the business
• Accounting: Accounting deals more with the processes that record and report financial transactions such as debt, profit, cash flow and taxes

Masters in Finance Programs

Masters in Finance programs could lead to a Master of Science in Finance (MS), or a Master of Business Administration (MBA) in Finance. Some schools also offer joint MS/MBA finance degrees.

Most masters degree in finance could take between one to two years to complete on a full-time basis. Masters-level finance typically programs build on the skills and knowledge developed as an undergrad.

Strong quantitative skills and an aptitude for numbers may be required, though not all students necessarily have an undergraduate degree in business.

To help these students, some finance graduate schools may offer a finance boot camp or primer courses. These classes could cover subjects like business statistics, financial accounting, corporate finance and managerial accounting.

Master of Science in Finance (MSF)

A MS in Finance could be oriented to students who aspire to pursue a career related to finance management and investment banking. To this end, some programs might help individuals prepare to pursue professional certifications, such as Chartered Financial Analyst (CFA).

While degree plans vary, some MS programs might entail from 30-43 credits. The way a curriculum is divided is largely up to each school. Commonly, there are a set of prerequisites, as well as required courses and electives. There is often a finance capstone at the end of the program.

Prerequisite courses could include areas such as math, statistics, business finance, economic theory and basic accounting. These are often planned to lay out the essential concepts of financial theory.

Required courses are often the backbone of the MS. They are usually intended to help students develop strong skills in analysis and modeling. Through these core courses, students might learn to perform regression analysis and solve complex optimization problems.

Compulsory MS in Finance courses might provide students with a solid set of quantitative and technological tools.  This could include the knowhow to write computer programs, work with databases and simulate outcomes. For instance, some schools may simulate a trading floor to help familiarize students with the processes that take place.

Aside from technical skills, a MSF could delve into broader themes such as investment analysis and managerial economics. Students might take away a solid grasp of financial securities and markets, capital budgeting techniques and hedging strategies.

Curriculums vary between schools, but the general examples below could provide some insight into the nature of this type of finance degree.

• Derivative Securities
• Credit Risk Management
• Interest Rate Risk Management
• Retirement Security
• Tax Factors in Business Decisions
• Forensic Accounting

MSF students often choose electives in areas such as treasury management and international finance to tailor their program to their preferences. Electives are usually drawn from a ‘career track’. These tracks could include corporate finance, asset management and risk management.

MBA in Finance

A Master of Business Administration (MBA) in Finance could aim to foster in students a solid set of management and leadership skills. Students are often exposed to a variety of business disciplines along with their area of emphasis in areas such as banking and finance.

Curriculums in MBA programs are typically formed around a series of core business topics, which is one of the features that distinguishes it from a MS. These classes often explore global business theory and may help students develop their ability to think critically, communicate effectively, and make strategic business decisions.

Course names vary between programs, though may focus on real-world management issues that students might use to build a portfolio and draw on for their professional lives. Some examples are highlighted below.

• Organizational Behavior
• Marketing Management
• Human Resources
• Managerial Finance
• Managerial Accounting
• Operations Management

MBA Finance students also take a portion of their courses in their selected area of emphasis. Many schools offer a list of courses similar to the MS program, and may give some leeway for students to be able to tailor the concentration to suit their goals. Investment analysis and portfolio management and banking are some examples.

Bureau of Labor Statistics

Graduate Certificate in Finance

Graduate certificates in Finance could provide an intense immersion in key finance topics — and might all be completed in three to five courses. Because they are so targeted, a certificate could take a full-time student one year or less to complete.

Sometimes, students may have the freedom to choose their own topics, while other programs may provide more structure. There are graduate certificates in finance that may suit students who aren’t yet ready for a masters degree, and those aimed at MS and MBA grads.

While the focus of these programs is often analytical, students could also study ethical practices in the financial industry. Certificates usually entail coursework (and assignments) but not there may not be a final project.

PhD in Finance Programs

Doctorate in Finance programs could award a PhD in Finance or a DBA degree. Both are terminal degrees. The PhD is a research-focused degree while the Doctor of Business Administration is a practitioner degree.

A PhD in finance could enable students to make an original contribution to their area of emphasis through their own research, presented in a final dissertation. Students might receive a solid foundation in the theoretical and empirical tools of modern finance, and may draw heavily from economics.

Learners typically build on this foundation and might apply these tools to study a variety of modern topics. Topics could include asset pricing, corporate finance, financial institutions, international finance, and behavioral finance.

DBA in Finance

DBA in Finance Programs often gear courses to executives who have a masters degree in a related area and want to enhance their career profile. Students often start out with a series of core business courses (like the MBA). These could provide in-depth theory about globally diverse markets, strategy and fiscal leadership.

There is also a strong component of applied research and business strategy in most DBA programs. Students might, for instance, study to gain the finance tools that managers often use to maximize their firm’s value.

These courses could discuss valuation, capital budgeting and structure, working capital management, multinational concepts, and Capital Asset Pricing Model (CAPM). Research courses round things out. Students are usually required to write a final dissertation that synthesizes their studies to problem-solve in a chosen area of finance or business.

Application Information

Students in a finance masters program are required to have a bachelors degree and may need some prior work or academic experience in finance, accounting or a related field prior to enrollment.

Graduate certificate programs in finance are generally open to students with a bachelors or masters degree. Students sometimes enroll in these programs to further their careers as CEOs, accountants and investors.

Typical enrollment prerequisites for a doctoral program include a master’s degree. There are also programs geared towards executives though some programs may also admit students with an undergraduate degree.

Aside transcripts and a completed application form, each applicant may have to furnish the following.

• Letters of recommendation
• Statement of Purpose
• GRE or GMAT Scores
• Professional Resume

As each finance graduate school sets its own standards, it is suggested that an applicant refer to specific masters programs for more details.

Accreditation

Finance graduate schools may be regionally accredited and may have specific programs that are also approved by professional agencies. One such agency is the Accreditation Council for Business Schools and Programs (ACBSP) . Accredited programs and schools must meet standards to maintain their status.

GradSchools.com offers 233 Graduate Schools with Finance Graduate Programs in United States

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PhD in Finance ...

PhD in Finance in USA: Best Universities for PhD in Finance in USA

USA happens to be one of the most sought after destinations for a PhD. The program structure here allows you to get a lot of training alongside research which is not common in the European countries or UK is what makes it desirable. Usually, master of finance graduates plan to get a PhD but it is also a good option for MBA in USA graduates to advance their careers. After a PhD in finance in USA, you can either go on the path to become a professor or take the road to work with global companies.

We have prepared a guide including best universities for PhD in finance in USA, eligibility criteria, admission process, cost of studying, scholarships, future opportunities and a lot more to help you grab the best opportunities to pursue PhD in finance from USA.

Why Study PhD in Finance in USA?

• US universities dominate almost all major rankings. If we talk about the QS World University Rankings by Subject for Accounting and Finance, 73 universities are included in the list of top universities.
• USA spends enormous amounts on research and development and is said to be ahead of several other countries in terms of innovation.
• The rigor of curriculum offered at US universities is much higher in standard than research programs at other institutions.
• US universities offer state-of-art research infrastructure which attracts aspirants from all around the world.

Best Universities for PhD in Finance in USA

A PhD is a long duration course so be assured that you choose your university wisely considering accreditation, co-curricular factors, facilities, faculty, location, etc. Here is a list of the 5 best universities for PhD in finance in USA:

• Massachusetts Institute of Technology
• University of Chicago
• Stanford University
• University of California, Berkeley
• University of Pennsylvania

Discussed below are the insights of these 5 universities including ranking, specializations and tuition fees can be seen below:

1.  Massachusetts Institute of Technology

PhD in finance at Massachusetts Institute of Technology is offered under the MIT finance group. The program duration can be categorized into coursework, seminar, general examination, research paper and dissertation.

2.  University of Chicago

For pursuing PhD in finance at University of Chicago , you will get full tuition support for 5-6 years of your full-time study. Additionally, the university gives you the opportunity to work as a teaching assistant in the third and fourth year.

3.  Stanford University

At Stanford University , your PhD program will come with a five year funding guarantee which includes tuition, assistantship salary and fellowship stipend. Phd programs have been a constant preference for most international students to pursue here.

4.  University of California, Berkeley

The Haas School of Business at University of California, Berkeley offers a five year, fully funded PhD in finance program that aims to integrate modern developments in the field of finance. The course expects the student to have a strong background in mathematics and statistics.

5.  University of Pennsylvania

The finance faculty at the Wharton School of Business is one of the most renowned faculties of University of Pennsylvania . The ideal candidate for a PhD at Wharton should have a background in economics, mathematics, statistics, engineering and other quantitative disciplines.

Course Curriculum for PhD in Finance in USA

Although a US PhD degree is longer than a UK degree, it has its own benefits and gives candidates the time to get a better hold and develop expertise in the subject area. Discuss in the table below the course curriculum for PhD in finance in USA:

Eligibility Criteria for PhD in Finance from USA

The PhD in finance in USA requirements may vary from one university to another. Before looking at the cost of studying PhD in USA, let us understand the basic eligibility criteria for the same:

• Completed master’s degree
• English language proficiency requirements
• Entrance test scores

Take a look at the detailed discussion on eligibility criteria to study PhD in finance in US:

1.  Completed master’s degree

To pursue PhD in finance in USA, you must have a master’s degree in finance from a recognized institution equivalent to a US master’s degree. A minimum GPA of 3.0 or above is required.

MS in finance in USA

2.  English language proficiency requirements

As international students, you will have to provide proof of English language proficiency if your native language is not English. IELTS and TOEFL are among the most widely accepted test scores. A minimum IELTS score of 6.5 or a TOEFL-iBT score of 90 or above is recommended.

3.  Entrance test scores

Before enrolling for a PhD in finance in USA, you may be asked for your GMAT or GRE scores. You may not have to take the test again as you must have already taken it before applying for your master’s degree.

Documents Required to Study PhD in Finance from USA

It is crucial to understand the PhD in finance in USA requirements to complete the application process hassle-free. Listed below are the documents that most institutions will ask you to submit:

• Transcripts of academic records from all previous post-secondary institutions
• Test scores of GMAT/ GRE
• English language proficiency test scores
• Research proposal
• Writing sample
• Letters of recommendation
• Personal statement
• Copy of passport
• Proof of finances

Admission Process for PhD in Finance in USA

Here is the step-by-step process to apply for PhD in finance in US:

• Check the eligibility criteria for your chosen institution before applying.
• Visit the official university website and look for the upcoming intake and application deadlines.
• Complete the online application for admission and pay the necessary application fee, which usually ranges between 100 USD-150 USD.
• Gather all documents to be submitted along with the application.
• Once you complete the application and submit all relevant documents, keep an eye on the university website to get updates on your application.
• You may be called for an interview and be asked about your research proposal before getting the acceptance letter.
• If you are accepted, fulfill the enrollment requirements and apply for a visa to study in USA.

USA student visa guide

How Much Does it Cost to Study for a PhD in Finance in USA?

Getting a PhD in USA requires a huge sum of investment. The cost of studying for a PhD in finance in USA can be categorized into tuition fees and cost of living. Let us consider the costs for each of these components.

Tuition Fees

The tuition fees for PhD in finance in USA ranges between 35,000 USD - 70,000 USD per year. You can find programs with lower tuition fees at public universities.

Phd in USA cost for Indian students

Cost of Living

An international student’s cost of living in USA is estimated at around 12,000 USD-18,000 USD per year i.e. 1000 USD-1,500 USD per month, varying according to the student’s budget. It is true that the living expenses in USA are higher compared to many other study abroad destinations. However, affordable options are available to choose from, such as various accommodation options, public transport, personal expenses, etc.

Scholarships for PhD in Finance in USA

You will find multiple funding options for pursuing research in USA. Most US universities offer fully funded PhD programs , so you do not have to fret about the huge tuition fees. Take a look at the table below to learn about the various university-provided scholarships for international students:

Career Opportunities After PhD in Finance in US

Accounting and finance professionals in USA earn 97,600 USD per year on average. With a PhD in finance from USA, you can expect 23% higher salaries than a master’s degree. New York, Houston, Los Angeles, Philadelphia are some of the states offering the highest salaries compared to other cities in USA.

Take a look at the popular job titles and average salaries for PhD in finance from USA:

How to find jobs in USA?

A PhD in finance in USA is worth considering to advance your career and boost your earning potential. Get in touch with our Yocket counsellors today and get answers to all your questions related to PhD in finance in USA and a roadmap to secure a seat in one of the best universities for a PhD in finance in USA.

Frequently Asked Questions about PhD in Finance in USA

How many years is a PhD in finance in USA?

A PhD in finance in USA takes 4 to 6 years depending on the candidate’s knowledge level. Generally, an individual spends around 2-4 years in the coursework and another 2-4 years on the dissertation.

How much does it cost to do a PhD in finance in USA?

The annual fees for PhD in finance in USA is somewhere between 30,000 USD-55,000 USD per year which may vary across universities.

Can Indian students get a scholarship to pursue PhD in finance in USA?

Yes, there are several scholarships for Indian students to pursue PhD in finance in USA, such as Fulbright Scholarship, Knight-Hennessy Scholars program, Aga Khan Foundation International Scholarship program and several other university-specific scholarships.

Can I apply for PhD in finance with an MBA in finance?

Yes, you can apply for a PhD in finance with an MBA in finance.

Is it better to do PhD in finance in USA from a private or public university?

Both types of universities have equally good options to pursue PhD in finance in USA. If you wish to apply to public universities in USA some of the best options are University of California - Berkeley, Georgia Institute of Technology, University of Illinois - Urbana, etc. Top private universities include Stanford University, Massachusetts Institute of Technology, Yale University, among others.

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50 Best PhD Programs That Don’t Require GRE Scores [2024 Schools Guide]

Check out PhD Programs that don’t require GRE scores for admission. Compare PhD programs without the GRE (Campus & Online).

We’ve identified a number of accredited universities that don’t require the GRE as part of their PhD application process.

Editorial Listing ShortCode:

List of Online PsyD Programs No GRE

Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format. In addition, the universities included in this list offer online psychology doctoral programs and either do not require the GRE or offer GRE waivers for qualified students.

Adler University

Founded in 1952, Adler strives to develop professionals and practitioners who will better their local communities and the world. Driven by the work of physician and psychotherapist Alfred Adler, the school values fairness, equality and civil rights and helps students learn to put these concepts into practice.

• Online Doctor of Psychology in Industrial & Organizational Psychology

Adler University is accredited by the Higher Learning Commission.

Alliant International University

Recognized as a top school for minorities by Diverse: Issues In Higher Education and for military veterans by College Factual, Alliant values diversity in the classroom and the workforce. Students are encouraged to have a global perspective, a desire for community service and a commitment to equality.

Believing that hands-on experiences are essential for a well-rounded education, the school connects students to the community throughout its degree programs.

• Online Doctor of Psychology

Alliant is accredited by the WASC Senior College and University Commission.

Antioch University

Equal rights, equal pay and equal educational opportunities for minorities and women have long been important at Antioch. In the 1800s, Antioch was one of the first institutions of higher education that admitted both whites and African-Americans, and the school’s list of famous alumni includes Coretta Scott King.

• Online Doctor of Clinical Psychology

Antioch University is accredited by the Higher Learning Commission.

California Southern University

Since its beginnings in 1978, the mission of California Southern University has been centered around the idea of providing flexible educational experiences for adult learners.

Throughout the school’s 30 programs, there is a continual focus on establishing strong, supportive relationships between staff and students.

California Southern University is regionally accredited by the Western Association of Schools and Colleges.

Capella University

Enrolling over 37,000 students each year, Capella University offers educational opportunities for working professionals. Through distance-learning programs, the university reaches students from every state and over 50 different countries. Of the school’s more than 1,500 faculty members and administrators, 88 percent hold doctoral degrees.

Capella University is accredited by the Higher Learning Commission.

Felician University

Since 1942, Felician University has been providing educational experiences based on the Catholic Franciscan values of service, compassion and respect. Over 2,000 students take classes from this school each year. The university has a student-faculty ratio of 13:1, and 73 percent of classes have fewer than 20 students.

• Online Doctoral Programs in Counseling Psychology

Felician University is accredited by the Middle States Commission on Higher Education.

Grand Canyon University

Founded in 1949, Grand Canyon University seeks to educate students from a Christian perspective so that they will become service-minded professionals whose faith permeates their lives and directs their work. The university enrolls over 19,000 on-campus students and more than 60,000 online students each year.

• Online Doctor of Performance Psychology

Grand Canyon University is regionally accredited by the Higher Learning Commission.

Meridian University

At Meridian University, the goal is for students to gain a transformative education. Through their schooling, students should grow personally and learn to affect change in their fields and in their communities. Approximately 91 percent of Meridian students complete their degree programs within the allotted time.

Meridian University is accredited by the WASC Senior College and University Commission.

Northwest University

Affiliated with the Assemblies of God denomination, Northwest University is a Christian school with a desire to engage students who are committed to both scholarship and service. Graduates go on to work in a variety of fields, including ministry, business, medical and educational settings.

Northwestern University is accredited by the Higher Learning Commission.

Pepperdine University

U.S. News has ranked Pepperdine University at No. 46 on its list of Best Value Schools, and Forbes has placed the school at No. 8 on its list of the Most Entrepreneurial Universities. The university opened in 1937, and the school’s alumni group today boasts over 100,000 members. 84 percent of Pepperdine students serve in internships or other hands-on experiences.

Pepperdine is accredited by the Western Association of Schools and Colleges Senior College and University Commission.

Saybrook University

Saybrook University was established in 1971 and offers a PhD in Clinical Psychology. The degree is designed for those students who are looking for a program that will equip them with the practical skills necessary to start their professional practice.

The program covers multi-cultural psychology, psychotherapy, child and adolescent psychology, and more.

• PhD in Clinical Psychology

Saybrook University is accredited by the Western Association of Schools and Colleges Senior College and University Commission.

Touro University Worldwide

Touro University Worldwide is the online branch of the Touro College and University System. Altogether, Touro schools include around 19,000 students and more than 95,000 alumni. Founded on Jewish principles and traditions, the group’s roots date back to 1970.

• Online Doctor of Psychology in Human & Organizational Psychology

Touro University Worldwide is accredited by the WASC Senior College and University Commission.

University of Hartford

With over 6,500 enrolled students, the University of Hartford issues more than 1,500 diplomas each year. The student body is made up of people from nearly every state and over 40 different countries. Creativity, diversity, responsibility and integrity are some of the highest values of this school, which was founded in 1957.

University of Hartford is accredited by the New England Association of Schools and Colleges.

University of the Cumberlands

The Baptist roots of the University of the Cumberlands date back to 1888. The university reaches over 10,000 learners each year and has a 17:1 ratio of students to faculty. Hands-on learning is highly valued at this school, and all students engage in service opportunities while attaining their degrees.

University of the Cumberlands is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Walden University

Over 57,000 students are studying with Walden University at any given time. The faculty members are leaders in their areas of expertise, and almost 90 percent of them hold doctoral degrees. The university’s status as a certified B Corporation shows its commitment to operating ethically and motivating students to be positive change-makers in their communities.

Walden University is accredited by the Higher Learning Commission.

Western Kentucky University

U.S. News has ranked Western Kentucky University No. 24 in Best Colleges for Veterans and No. 34 in Best Regional Universities South. Both Sierra Club and Princeton Review have applauded this university for its environmental efforts. The school has over 20,000 students, and the average class has around 24 students in it.

Western Kentucky University is accredited by the Southern Association of Colleges and Schools, Commission on Colleges.

List of Online Doctor of Education (EdD) Programs No GRE

Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format. In addition, the universities included in this list either do not require the GRE or offer waivers for qualified students.

Baylor University

Baylor University holds fast to its Baptist roots while welcoming a diverse student body from many religious and geographic backgrounds. Founded in 1845, the school is committed to serious scholarship, community service, and the integration of faith and life. Baylor has over 17,000 students and a 14:1 student-faculty ratio.

• Online Doctorate of Education

Baylor University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

City University of Seattle

• Online Doctor of Education in Leadership

CityU is accredited by the Northwest Commission on Colleges and Universities.

Colorado State University

Founded in 1870, Colorado State University has awarded over 230,000 degrees. The school was involved in the establishment of the Peace Corps, and still today, many students choose to spend time serving through this organization. In addition to global service and responsibility, CSU values innovation, respect, diversity and academic excellence.

Colorado State is accredited by The Higher Learning Commission.

Concordia University

Since 1805, Concordia University has been educating students in the Lutheran Church, Missouri Synod, tradition.

Although based on Christian faith and principles, and university welcomes a diverse student body made up of people from many religious backgrounds. The school enrolls over 5,000 students each year and boasts a 17:1 student-to-faculty ratio.

This is an online doctorate in education no GRE required.

• Online Doctor of Education

Concordia University is accredited by the Northwest Commission on Colleges and Universities.

Creighton University

Considered U.S. News ’ No. 1 school in the Regional Universities Midwest category and the Best Colleges for Veterans category, Creighton University educates nearly 9,000 students yearly.

The school was founded in 1878 by Jesuit Catholics and many members of the Jesuit tradition still work at Creighton. Within six months of degree completion, 99 percent of graduates are successful at landing a job or a satisfactory next step.

Creighton University is accredited by Higher Learning Commission.

East Tennessee State University

Founded in 1911, East Tennessee State University today educates more than 14,500 students each year. The university values respect, diversity and academic excellence, and well-rounded student experiences are essential to an ETSU education. There are over 100 degree programs at this school, and the student-faculty ratio is approximately 16:1.

East Tennessee State University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Florida State University

Florida State University offers over 300 degree programs, and the Carnegie Commission has bestowed on this school the distinction of Doctoral Universities: Highest Research Activity. With over 41,000 members, the student body includes people from more than 130 countries around the world. Six Nobel Laureates have taught at this university.

Florida State University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Johns Hopkins University

Since its beginnings 1876, Johns Hopkins has highly prized both teaching and research, and the school considers itself the first research university in the United States. Although particularly well-known for its School of Medicine, this university also awards degrees in public health, education, physics, business and other disciplines.

The programs listed above are online Doctor of Education no GRE required.

The Johns Hopkins University is accredited by the Middle States Commission on Higher Education.

Lamar University

A member of the Texas State University System, Lamar University has about 15,000 enrolled students and over 75,000 alumni. Approximately 30 percent of the university’s classes are taught online. The school was founded in 1923 and today employs over 1,200 people and offers more than 100 degree programs.

• Online Doctor of Education in Educational Leadership

Lamar University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Liberty University

Since 1971, over 250,000 people have received an education from Liberty University. Currently, about 30 percent of the school’s students are active-duty members of the military or veterans. Liberty University has Baptist affiliations and seeks to develop students’ Christian worldview. Volunteerism is valued, and the student body puts about 500,000 hours into service each year.

Liberty University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Maryville University

Over 9,000 students take classes from Maryville University each year. The school has a 14:1 student-faculty ratio, and about 90 percent of the faculty members have received doctoral degrees. According to the Chronicle of Higher Education, Maryville was one of the top three fastest-growing universities in the United States.

Maryville University of Saint Louis is accredited by The Higher Learning Commission.

National University

Founded in 1971, National University is a network of nonprofit educational institutions dedicated to providing flexible, quality education to help students meet their educational and career goals. NU’s programs are taught by 100% doctoral professors.

National University has over 30,000 students enrolled and more that 220,000 alumni from around the world.

National University is regionally accredited by the Western Association of Schools and Colleges.

Northwest Nazarene University

Although Northwest Nazarene University began as an elementary school in 1913, the school quickly expanded its educational offerings and awarded its first college degrees in 1917. Today, more than 8,000 students take NNU classes each year. Although the Church of the Nazarene sponsors the school, students come from a diverse mix of religious backgrounds.

Northwest Nazarene University is accredited by the Northwest Commission on Colleges and Universities.

Oakland City University

U.S. News ranked Oakland City University at No. 7 on its list of Best Colleges for Veterans. The publication also grants it the No. 39 spot on its Regional Colleges Midwest list. Affiliated with the General Association of General Baptists, the college pursues both academic and spiritual development for students.

Oakland City University is accredited by the Higher Learning Commission.

Saint Leo University

Famous alumni of Saint Leo University include Desi Arnaz and Stephen Stills. U.S. News gives this university the No. 14 spot on its list of Best Value Schools. Founded in 1889, Saint Leo University is rooted in the Benedictine Catholic tradition and values excellence in academics, relationships, personal growth and integrity.

Saint Leo University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Samford University

According to U.S. News , Samford wins the No. 4 spot on the list of Regional Universities South. This school has graduated 8 state governors, 60 members of Congress and a number of other high-profile citizens. The university has been educating students since 1841 and currently enrolls over 5,500 learners each year and has a student-faculty ratio of 13:1.

Samford is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools.

Texas A&M University

In 1876, Texas A&M University became the first public college in Texas. Over 70,000 students currently study with Texas A&M, which offers over 400 degree programs. The school values leadership in both its staff and its students and seeks to develop strong leaders who will make a difference in their communities.

Texas A&M University is accredited by the Southern Association of Colleges and Schools Commission.

Texas Tech University

According to the Center for Measuring University Performance, Texas Tech University ranked in the top 50 public research schools in the United States. There are more than 38,000 students currently taking Texas Tech classes and over 1,700 faculty members. More than 8,000 students graduated from this university in 2018.

Texas Tech University is accredited with the Southern Association of Colleges and Schools Commission on Colleges.

Trident University

Ranked No. 19 on the list of Best Colleges by The Military Times, Trident University has been the school of choice for over 27,000 students. The university’s goals for students include strong critical thinking skills, an understanding of how to gather and use information, the ability to communicate clearly, and a commitment to integrity.

Trident University accredited by WASC Senior College and University Commission.

Union University

At Union University, there’s a 10:1 student-faculty ratio for the more than 3,000 learners who study there. 85 percent of the faculty members hold terminal degrees. In the past year, Christian Universities Online gave this university the top spot on its Best Christian Colleges and Universities in the South list.

• Online Doctor of Education – Leadership in School Reform

Union University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

University of Arkansas

The Carnegie Foundation recognizes the University of Arkansas as one of the country’s top research universities, and the Chronicle of Higher Education has commended the school for having one of the country’s fastest-growing doctoral programs. With over 27,000 students and over 1,401 faculty members, there’s a student-faculty ratio of 19:1.

The U of A has been accredited by the Higher Learning Commission without interruption since 1924.

University of Findlay

Since 1882, the University of Findlay has been equipping students with academic knowledge and spiritual development. Hands-on experiences help students put their classroom learning into practice throughout their schooling. The university has ties to the Church of God, and College Factual has named it the denomination’s best school.

University of Kentucky

Founded in 1865, the University of Kentucky maintains a commitment to producing graduates who influence communities throughout the world. The school has more than 2,000 faculty members and over 29,000 students. Forbes has placed this university at No. 63 on its list of the best colleges in the southern United States.

The University of Kentucky is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

University of Massachusetts

As New England’s top public university, the University of Massachusetts values academics, research, and professional excellence. Reuters includes UMass on its list of the World’s Most Innovative Universities. Currently, the school has over 70,000 enrolled students, and more than 500,000 people have graduated from this university since its beginnings in 1863.

The University of Massachusetts Amherst is accredited by the New England Commission of Higher Education.

University of New England

The University of New England, founded in 1939, has campuses in Biddeford and Portland, Maine and Tangier, Morocco. It’s a relatively small university, with a total of approximately 7,000 students, less than a third of which are doctoral students.

The EdD at UNE is a 51-credit course of study that can be completed entirely online and requires no GRE scores for acceptance. You can start in the Fall, Spring, or Summer and finish within 3 years.

The University of New England is accredited by the New England Commission of Higher Education.

University of Southern California

U.S. News gives the University of Southern California the No. 22 ranking on its list of National Universities. Over 47,000 students are enrolled at this college, and there are more than 4,000 faculty members. The school grants about 10,000 advanced degrees each year.

The University of Southern California isy accredited by the Western Association of Schools and Colleges.

William Carey University

True to its Baptist heritage, William Carey University’s goal is to prepare students for professional work that is guided by faith-based principles. In the early 1900s, it was a college for women only, but coed instruction began in 1954. U.S. News has given William Carey the No. 3 spot on its list of Best Value Schools.

William Carey University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

List of Online DBA Programs No GRE

Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format. In addition, the universities included in this list either do not require the GRE or offer a GRE waiver for qualified students.

Baker College

Desiring to turn out leaders who excel in their fields, Baker College encourages critical thinking, effective communication, personal growth and hands-on experiences throughout all of its academic programs. The school traces its history back to 1888, and its Center for Graduate Studies awarded its first doctoral degree in 2011.

Baker College is accredited by The Higher Learning Commission.

• Online DBA in Accounting
• Online DBA in Global System and Supply Chain Management
• Online DBA in Human Resource Management
• Online DBA in Information Technology Management
• Online DBA in Intelligence
• Online DBA in Leadership
• Online DBA in Project Management
• Online DBA in Strategy and Innovation

Concordia University – Chicago

Since 1805, Concordia University has been educating students in the Lutheran Church, Missouri Synod, tradition. Although based on Christian faith and principles, and university welcomes a diverse student body made up of people from many religious backgrounds. The school enrolls over 5,000 students each year and boasts a 17:1 student-to-faculty ratio.

Concordia University Chicago is accredited by the Higher Learning Commission.

Drexel University

• Online Executive DBA

Drexel is accredited by the Middle States Commission on Higher Education.

Florida International University

FIU is accredited by the Southern Association of Colleges and Schools.

• Online DBA – Management

Johnson & Wales University

JWU is accredited by the New England Commission of Higher Education.

Since 1971, over 250,000 people have received an education from Liberty University. Currently, about 30 percent of the school’s students are active-duty members of the military or veterans.

Liberty University has Baptist affiliations and seeks to develop students’ Christian worldview. Volunteerism is valued, and the student body puts about 500,000 hours into service each year.

University of Dallas

UD is accredited by the Southern Association of Colleges and Schools.

University of Maryland

UM is accredited by the Middle States Commission on Higher Education.

University of Missouri – St. Louis

UMSL is accredited by the Higher Learning Commission.

University of Phoenix

UOPX is accredited by the Higher Learning Commission.

Wilmington University

Wilmington is accredited by the Middle States Commission on Higher Education.

List of Online Doctor of Social Work Programs No GRE

• Online Doctor of Social Work

Kutztown University

Kutztown is accredited by the Middle States Commission on Higher Education.

Millersville University

Millersville is accredited by the Middle States Commission on Higher Education.

Southern Connecticut State University

SouthernCT is accredited by the New England Commission of Higher Education.

Tulane University

Tulane is accredited by the Southern Association of Colleges and Schools.

University of Alabama

UA is accredited by the Southern Association of Colleges and Schools.

University of Pennsylvania

• Online Doctorate in Clinical Social Work

Penn is accredited by the Middle States Commission on Higher Education.

The University of Southern California is accredited by the Western Association of Schools and Colleges.

University of St. Thomas

St. Thomas is accredited by the Higher Learning Commission.

List of Online Doctor of Nursing Practice (DNP) Programs No GRE

Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format. In addition, the universities included in this list either do not require the GRE or offer GRE waivers for qualified students.

Arkansas State University

• Online of Nursing Practice

Arkansas State University is accredited by The Higher Learning Commission.

Barry University

• Online Doctor of Nursing Practice – Anesthesiology

Barry is accredited by the Southern Association of Colleges and Schools.

DePaul University

• Online Doctor of Nursing Practice

DePaul is accredited by the Higher Learning Commission.

Duke University

Duke is accredited by the Southern Association of Colleges and Schools.

Duquesne University

Duquesne is accredited by the Middle States Commission on Higher Education.

Georgia College

GCSU is accredited by the Southern Association of Colleges and Schools.

Indiana State University

Indiana State is accredited by the Higher Learning Commission.

New Mexico State University

NMSU is accredited by the Higher Learning Commission.

Oklahoma City University

OKCU is accredited by the Higher Learning Commission.

Pace University

Pace is accredited by the Middle States Commission on Higher Education.

Palm Beach Atlantic University

PBA is accredited by the Southern Association of Colleges and Schools.

Penn State University

Penn State is accredited by the Middle States Commission on Higher Education.

Saint Francis Medical Center

Saint Francis is accredited by the Higher Learning Commission.

Texas Wesleyan University

• Online Doctor of Nurse Anesthesia Practice

Texas Wesleyan is accredited by the Southern Association of Colleges and Schools.

University of Arizona

UA is accredited by the Higher Learning Commission.

University of California – Irvine

• Online Doctor of Nursing Practice – Family Nurse Practitioner

UCI is accredited by the WASC Senior College and University Commission.

University of Central Arkansas

UCA is accredited by the Higher Learning Commission.

University of Iowa

UI is accredited by the Higher Learning Commission.

UK is accredited by the Southern Association of Colleges and Schools.

University of Massachusetts – Boston

As New England’s top public university, the University of Massachusetts values academics, research and professional excellence. Reuters includes UMass on its list of the World’s Most Innovative Universities. Currently, the school has over 70,000 enrolled students, and more than 500,000 people have graduated from this university since its beginnings in 1863.

The University of Massachusetts Boston is accredited by the Commission on Institutions of Higher Education of the New England Association of Schools and Colleges.

University of Minnesota

UMN is accredited by the Higher Learning Commission.

University of Nevada – Las Vegas

UNLV is accredited by the Northwest Commission on Colleges and Universities.

University of North Dakota

UND is accredited by the Higher Learning Commission.

University of South Alabama

South is accredited by the Southern Association of Colleges and Schools.

University of Texas

UT is accredited by the Southern Association of Colleges and Schools.

List of Online PhD Without GRE Requirements

Enrolling over 37,000 students each year, Capella University offers educational opportunities for working professionals.

Through distance-learning programs, the university reaches students from every state and over 50 different countries. Of the school’s more than 1,500 faculty members and administrators, 88 percent hold doctoral degrees.

Capella offers an Online PhD no GRE.

• Online PhD in Business Management
• Online PhD in Systems Engineering

Johnson University

• Online PhD in Leadership Studies

JU is accredited by the Southern Association of Colleges and Schools.

Nova Southeastern University

PhD programs no GRE required.

• Online PhD in Computer Science
• Online PhD in Conflict Analysis & Resolution
• Online PhD in Criminal Justice
• Online PhD in Health Science
• Online PhD in Nursing – Nursing Education
• Online PhD in Occupational Therapy

NSU is accredited by the Southern Association of Colleges and Schools.

Texas Woman’s University

Online PhD programs no GRE requirement.

• Online PhD in Nursing Science

TWU is accredited by the Southern Association of Colleges and Schools.

• Online PhD in Business
• Online PhD in Information Technology

University of Wisconsin – Milwaukee

This is a PhD no GRE required program.

• Online PhD in Nursing

UWM is accredited by the Higher Learning Commission.

Over 57,000 students are studying with Walden University at any given time. The faculty members are leaders in their areas of expertise, and almost 90 percent of them hold doctoral degrees.

The university’s status as a certified B Corporation shows its commitment to operating ethically and motivating students to be positive change-makers in their communities.

• Online PhD in Management
• Online PhD in Public Health
• Online PhD in Social Work

PhD Programs that Don’t Require the GRE

The following doctoral programs do not require the GRE for admission:

• Business & Management
• Computer Science
• Criminal Justice
• Healthcare Administration
• Human Services
• Information Technology
• Occupational Therapy
• Public Administration
• Public Health
• Public Policy
• Theology & Ministry

A growing number of universities offering PhD programs or professional doctorates no longer require the GRE.

Doctor of Business Administration – DBA or PhD

A Doctor of Business Administration (DBA) is an applied doctorate or a professional doctorate.

Many students enroll in a Doctor of Business Administration (DBA) program because they are entrepreneurs, potential business owners, or current managers who want to move into executive leadership .

You will learn about business practices, economics, finance, accounting, entrepreneurship, management, and many other important topics within specialized business tracks. For example, you may choose a track in finance or marketing to complete your DBA studies .

With a PhD in Business Administration , students learn about a specific focus within business, choosing a specialized track within business to focus on while they study. They may develop new theories in public administration, economics, entrepreneurship, management, marketing, or other aspect. Most students go on to become professors, researchers, or business analysts.

With the PhD in Business , a dissertation may be required, but there are a growing number of doctorate degrees with no dissertation requirements.

Doctor of Computer Science – DCS

A Doctor of Computer Science program teaches students about data analytics, computer networking, programming, enterprise information systems, and information technology topics. Most programs can be customized so that you pick the track that most relates to your field of interest.

If you have strong science skills, you may want to pursue this applied doctorate in computer science that provides a scientific foundation for understanding technology. There are also computer science PhD programs online available for those who need flexibility in their studies.

Since many different industries rely on technology and computer science, graduates may find work in a wide variety of fields.

Criminal Justice Doctorate – PhD

Earning a PhD in Criminal Justice teaches students about law enforcement, laws, ethics, community leadership, and cyber security at the local, state, and federal level.

You will learn about improving safety through justice, as well as criminal investigation tactics through PhD criminal justice degree programs.

Doctor of Education – EdD or PhD

Want to become a thought leader in the field of education?

The Doctor of Education (Ed.D.) is an applied doctorate for those who work in the education field. Many graduates work in schools, but others serve in government agencies, nonprofit organizations and more.

A Doctor of Education is an interdisciplinary program that helps graduates learn about applied theories when it comes to teaching different subjects and helping students learn. You may want to specialize in different education topics to take your career to the next level, such as educational leadership , early childhood development, or special education.

If you are currently teaching in a K-12 school, an EdD may broaden your career options. Potential uses of this degree would be teaching at the university level or entering school administration.

Doctor of Healthcare Administration – PhD or DBA

For those who want to work in a leadership position in a healthcare organization , a doctoral program in healthcare administration or management can be a good choice.

This degree program is suited toward those who want to make business decisions for a hospital rather than practicing medicine. Graduates of these programs often work as hospital CEOs or Chief Financial Officers.

PhD in Human Services

Working in social services can be a rewarding career, especially if you want to be a community leader.

Earning a PhD in Human Services offers students the opportunity to work in criminal justice, education, social work , community leadership, and housing, among others with the goal of helping families and individuals in local and global communities.

Doctor of Information Technology – DIT, DBA, or PhD

The workforce is becoming increasingly dependent on technology, and obtaining a doctorate in information technology will help you stay up on the latest developments in this area. You will explore ways that information technology can benefit society.

This degree can also be quite useful in business settings. Graduates may lead IT departments or serve as tech consultants.

Doctor of Nursing Practice – DNP or PhD

Many people holding this degree serve as nurses in medical settings. It’s worth noting that the education provided in this type of program is quite different from the doctorate-level training that physicians receive.

Obtaining a Doctor of Nursing Practice or a PhD in Nursing will not qualify you to work as a physician. Graduating with a doctorate in Nursing is one way to achieve the highest level of nursing education and certification.

Doctor of Occupational Therapy – DOT or PhD

To take the test for licensure as an occupational therapist, you must earn either a master’s degree or a doctoral degree in this field.

A doctoral-level education may provide a greater variety of career or leadership options than a master’s-level education in occupational therapy.

An entry-level DOT program is designed to help you enter the occupational therapy field for the first time.

PhD in Psychology

Graduates with a PhD in psychology typically go on to own their own clinical counseling practices, helping others to work through mental illness, difficult traumatic experiences, and early childhood development problems.

Graduates may wish to attain a license to practice psychology, or they may pursue careers in sociology, education, and social work.

This degree program is often recommended for people who want to work directly with clients. It can be useful in a clinic, hospital or school setting, and it may be an essential step toward getting licensed in your state .

If you haven’t already completed a psychology graduate program , you can also earn your master’s in psychology online (no GRE required) .

Doctor of Public Administration – DPA

This professional doctorate equips you to serve in careers related to public affairs .

When you graduate with a doctorate in public administration, you may work in government settings or organizational leadership positions with non-profit entities.

The degree may be helpful for working in public administration , policy analysis, federal jobs, or as a local government leader.

Doctor of Public Health – DPH or PhD

Like a PhD in Healthcare Administration, a Doctor of Public Health degree is an applied doctorate for students with a desire to work in the healthcare sector. You may want to choose this particular option if your career plans involve crafting healthcare policies or working as an administrator.

The goal of this doctorate is often to help improve health at a large-scale level: for whole populations rather than individual people.

You may also be interested in a no-GRE online MPH .

PhD in Public Policy

Earning a PhD in Public Policy helps students move into careers at a high level within government agencies, business, political roles, and community leadership.

Whether you want to become a social work leader or you have international leadership in mind, you can customize a public policy program to suit your career interests.

Doctoral Programs in Ministry or Theology

A Doctor of Ministry or Theology program helps students learn advanced principles of ministry, theology, and leadership within the Church.

Most students are able to study on an independent project that is approved by their school.

Graduates go on to become professors, ministry leaders, and higher officials within the Church.

What are GRE Waivers?

Minimum undergraduate gpa.

Some universities allow GRE exemptions for students who demonstrated academic competency during their undergrad years. These schools may set a minimum GPA that students must have achieved during their earlier education to be considered for this type of academic waiver.

GPA requirements may vary among a school’s many programs. Waivers may be subject to approval on an individual basis.

Previously Earned Graduate Degree

The GRE is intended to demonstrate preparation for higher education. However, if you’ve already earned an advanced degree, the school’s admission department may consider that sufficient proof that you can handle the rigors of their PhD program.

For this waiver, some schools may require not only that you have an advanced degree but also that you achieved a particular GPA.

Professional Experience

Because extended employment in a field may demonstrate competency, some schools consider work experience in their area of focus just as valuable as high scores on the GRE.

If you have several years of relevant work experience, that may earn you a GRE waiver. Some schools specifically include relevant military service in their rules about qualifying for waivers.

Some Programs Have No GRE Requirement

If the program for which you are applying has no GRE requirement, then you won’t need a waiver. The school isn’t looking for test scores, so you won’t need to furnish them.

Just be sure to read all admission requirements closely. Some schools require GRE scores for only a few of their doctoral programs.

GMAT or GRE?

The GMAT, also known as the Graduate Management Admissions Test, is similar to the GRE but it has a more specific focus. The GMAT is an exam designed expressly for those entering business school.

Some business schools do accept GRE scores. However, if you are applying only to business programs, you should opt for the GMAT.

If GRE Scores are Optional, Should I Send Them?

To some faculty, GRE scores carry a lot of weight. Therefore, high marks on this test may elevate you in their eyes. In other words, even if the GRE is optional, furnishing a good score may be beneficial.

On the other hand, low scores may have the opposite effect. When the GRE is optional, rather than required, it may be best to keep your low marks under wraps so that your other merits take center stage.

If you’ve never taken the GRE, is it worth it to try, just so you can submit your results to a GRE-optional program? There’s no cut-and-dry answer to that question, but current program participants may be able to lend insight.

Should I Apply to PhD Without GRE Programs?

Your decision to apply to a PhD program should have nothing to do with whether or not they require the GRE. The main consideration should be the university’s accreditation.

Here are a few points to consider…

GRE is a Poor Predictor of Performance in Graduate School

If a doctoral program doesn’t require GRE scores, it’s an indication that the school understands the limitations of this exam.

The GRE won’t provide clear evidence about whether you will succeed in the classroom, get good grades, make it to graduation or be a leader in your professional field someday.

Accredited Universities Offer No GRE PhD Programs

Not having GRE requirements is not a sign that a program will be weak or substandard. Many respected, accredited programs don’t require that you take this test before you can be admitted.

Instead of using GRE requirements to evaluate a school’s strength, consider whether the program has received accreditation. Also, gather reviews from current or recent students, and get advice from the school’s graduate coordinator.

You Still Have to Meet Other Admissions Standards

All PhD programs are selective about their candidates. So, whether or not they require that you submit GRE scores, they all have admissions requirements that you must meet in order to get into the school.

Other factors considered for acceptance may include:

• Your resume
• Letters of recommendation from people familiar with your work
• Your transcripts from other higher education endeavors.
• A statement from you about your goals
• Your proficiency in the English language

Your Master’s Degree Might Be Enough

If you’ve already completed a master’s program , that shows that you’re able to perform at the graduate level.

Therefore, your school of choice may not require GRE scores as additional proof, especially if your degree is paired with a master’s thesis, a high GPA or years of professional experience.

GRE Scores: What They Tell Us, What They Don’t

GRE scores are not as helpful as you may have been led to believe. Let’s take a look at some recent studies on the reliability of GRE results.

GRE Scores Do Not Predict Classroom Performance

Creativity, interpersonal skills and internal motivation are just a few of the components that contribute to how well you do in the classroom.

However, the GRE measures none of those. It focuses only on your test-taking skills.

So, doing well on the test doesn’t guarantee classroom success.

GRE Scores Lose Impact over Time

Researchers have discovered that your scores on this test may give a school an idea of what kinds of grades you’ll achieve during the first year in their program.

However, your scores do nothing to predict your academic success after that first year.

The GRE Lacks Reliability in Predicting Final Outcomes

The GRE can’t determine whether a first-year doctoral student will end up completing the program.

Some high-scoring students may not possess enough tenacity to stick with school until graduation. On the other hand, some low-scoring students may have been the ones most likely to persevere.

Applying to Graduate School with No GRE Test Scores

There are some things that you should consider before specifically seeking out a no GRE required doctoral program:

• While some high-profile schools may admit you without this test, not taking the GRE will automatically close many prestigious schools to you.
• Some fields are more likely to require the test than others.
• Sometimes, it’s easier to find a no-GRE-required online program than an in-person one.

Consider your motivation for not submitting scores:

• Because you’ve already settled on a program that doesn’t require this test? Great!
• Because you’re too busy to study? Think hard about whether you have time for a doctoral program.
• Because you received a low score? According to an ETS survey, nearly 25 percent of test-takers improve their results second time around.

If one of your primary concerns is the amount of time required , you may be interested in our article discussing accelerated PhD programs online .

What is the GRE, and Who Needs to Take It?

The GRE is a test designed to show that you learned enough during your undergrad years to be ready for the rigors of grad school. The exam includes sections on verbal reasoning, quantitative reasoning, and analytical writing. You may need to take it if you’re applying to graduate programs.

Is the GRE Test Required for Graduate School?

No, not always. There are some graduate schools that don’t require GRE or GMAT scores. Some offer alternative options, and others simply have no GRE (or other entrance exam) requirements. Some schools require that you submit exam scores for only some of their graduate programs.

Is the GRE Required for PhD Programs?

Many doctoral programs require applicants to take the GRE, but not all do. Others allow waivers or base their admissions decisions solely on other criteria. In particular, some of the best-ranked online PhD programs may allow you to enroll even if you’ve never taken the GRE.

What’s the Difference Between GRE vs. GMAT?

While the GRE is used for a variety of different graduate programs, the GMAT is designed specifically for admission to business schools. However, some business schools accept GRE scores as well. Even still, those who have their hearts set on business school would do best to take the GMAT.

Is There Any Reason to Take the GRE for a PhD Program?

If your top school choice requires GRE scores, then you should take the test. Also, if you are planning to apply to quite a few programs, then there’s a good chance that you’ll need to submit test scores with some of those applications.

What is a GRE Waiver?

Some schools require GRE scores for admission to their doctoral programs, but they will make an exception if you meet other qualifications.

These qualifications may include:

• High GPA scores during undergraduate studies
• Relevant work or military experience
• Related master’s degree

Which PhD Programs May Waive the GRE?

Online doctoral programs across a variety of fields may admit students without requiring GRE scores. Commonly, this may include programs related to education, healthcare, human services and technology, and you may have options for PhD or applied doctoral degrees.

Despite the name, a Doctor of Philosophy degree is not limited to the study of philosophy. You can earn a doctor of philosophy degree in many areas, including science, the humanities or education. Your coursework will involve completing a dissertation.

A PhD program is often recommended for students interested in pursuing research or teaching.

Can You Get Into a PhD Program Without GRE Scores?

There are quite a few universities that no longer require the GRE as part of the admissions process. Some don’t require it at all, while others offer GRE waivers if you have a decent GPA, previous graduate-level courses, and similar criteria.

Some PhD Programs Have No GRE Requirement

The Graduate Record Examinations have come to be recognized as synonymous with grad school acceptance. Despite that, there are many schools that will admit you to their doctoral programs even if you’ve never taken this test. In fact, the number of PhD programs that don’t require GRE scores is growing.

In particular, online PhD programs often base their admissions decisions on factors other than exam scores.

Therefore, you may want to start your school-selection process by identifying programs that do not include GRE scores as one of their admissions factors.

Some PhD Programs Offer GRE Waivers

High marks from your last educational endeavor — your master’s degree, for example — may be enough to get you into a PhD program without needing to provide GRE scores.

If you already have work history in your intended field of study, this may also serve as sufficient proof of your competency for the school’s PhD program.

Waiver requirements can vary between schools and may be determined on a case-by-case basis.

List of Doctoral Programs without the GRE

The following doctorate programs do not require the GRE at some universities.

• Doctor of Psychology
• Doctor of Education
• Doctor of Business Administration
• Doctor of Social Work
• Doctor of Nursing Practice
• Doctor of Philosophy

To provide a more comprehensive list, we’ve also included universities that offer GRE waivers.

Key Takeaways

You may be able to get a PhD or a professional doctorate without ever taking the GRE.

Options include:

• Choosing a program with no GRE requirements
• Qualifying for a waiver

Skipping GRE test prep may allow you to speed up the process of beginning a fulfilling and challenging doctoral education.

Department of Finance

Select Section

PhD test requirements

The Graduate Management Admissions Test (GMAT) and the Graduate Record Examination (GRE) are computer-based standardized assessments delivered in English that serve as uniform standards of measurement for applicants. The GMAT and the GRE are acceptable tests for applicants to the PhD in Business Administration program with a specialization in finance. Applicants’ scores should be very competitive regardless of whether the GMAT or the GRE is taken.

GMAT information

The GMAT is a computer-adaptive test that measures general verbal, mathematical and analytical writing skills. The average GMAT score of students in the finance doctoral program is approximately 700. The more competitive students have scores from 650 to 770, and the Department of Finance PhD admissions committee prefers GMAT scores of 650 or higher.

Learn more about how to prepare for the GMAT and how to register for a test date and location. You may want to check your local area for additional test preparation resources.

ASU's GMAT institutional code is 0GZ-1R-80.

GRE Information

The Graduate Record Exam (GRE) measures verbal and quantitative reasoning, critical thinking and analytical writing skills. GRE scores range from 200 to 800. The analytical writing component ranges from 0 to 6.

Learn more about the GRE and how to register for the test date and location.

ASU's GRE Institutional Code is 4007. The department code for the GRE is 000.

Score submission

In the online application you will be asked to report both the score number and percentile obtained for the verbal, quantitative and analytical sections of the GMAT/GRE. The official test scores, however, must be reported directly by the testing organizations to the ASU Graduate College.

GMAT and GRE preparation classes

Help put your best foot forward on your application — ASU Graduate Education offers GMAT and GRE preparation classes .

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Admissions & Financial Support

Application requirements.

• Frequently Asked Questions
• Outreach Events
• Tuition & Financial Support
• Application Requirements →

Admissions & Financial Support

Interested in applying to one of our fully funded PhD Programs? Before you begin, learn more about our application requirements. Please note that applicants are only required to possess a bachelors degree. Undergraduate applicants in their senior year are welcome to apply

We realize that the Coronavirus Disease (COVID-19) pandemic, recent natural disasters, and other extenuating circumstances may have significant impacts on applicants’ academic and personal lives, including the ability to provide all required application materials prior to our stated deadlines. If this pertains to your circumstances, please review the information below for next steps.

Required Application Materials

• Completed online application form
• Statement of Purpose
• Personal Statement
• Transcripts for all college/university degrees and courses Self-reported transcripts are accepted for both all programs at the application stage. Applicants must upload copies of his/her transcripts to the online application system. Hard copy transcripts will only be required if admitted to a program, prior to enrollment.
• Current GMAT or GRE scores (see details below)
• TOEFL or IELTS scores (non-native English speakers see details below)
• Three letters of recommendation (at least one from an academic source). Recommendation letters must be submitted online through the online application system. Hard copy recommendation letters will not be accepted.
• $105 application fee via credit card
• Optional writing sample (no more than 10 pages)

GMAT & GRE

All applicants are required to take either the Graduate Management Admissions Test (GMAT) or the General Test of the Graduate Record Examination (GRE). Submitted test scores are valid for no longer than five years. If you are applying for admission for Fall 2024, we will accept at-home versions of the GRE. You may submit scores from tests taken no earlier than January 5, 2019. There is no minimum test score requirement, and admissions committee does not have a preference in tests.

• Institution Codes for PhD Programs
• GMAT: HRL-X8-30

A department code is not required for score submission.

We realize that the Coronavirus Disease (COVID-19) pandemic, recent natural disasters, and other extenuating circumstances may have significant impacts on applicants’ academic and personal lives, including the ability to provide all required application materials prior to our stated deadlines. If you are unable to take the GRE or GMAT before the deadline, we still encourage you to apply, even if your scores are missing. Our application form includes a section for you to let us know about any of your materials that may be unavailable or delayed.

International Applications

Adequate command of spoken and written English is required for admission. Applicants whose native language is other than English and who do not hold a Bachelor degree or its equivalent from an institution at which English is the language of instruction must submit TOEFL or IELTS scores.

Submitted scores are valid for no longer than two years. If you are applying for admission for Fall 2024, we will accept at-home versions of the TOEFL iBT and IELTS Academic. You may submit scores from tests taken no earlier than January 5, 2022. The committee prefers scores of at least 100 on the the TOEFL internet-based test and at least 7.5 on the IELTS test. Applicants are strongly encouraged to choose the TOEFL internet-based test when possible.

Institution Codes for Toefl score reports PhD programs: 3451

Instructions for submitting IELTS score reports Designate Harvard University, Graduate School of Arts and Sciences as a recipient of your test results. Our address, for the record only, to identify us in the IELTS system, is 1350 Massachusetts Ave. Smith Campus Center 350, Cambridge, MA 02138. Paper test report forms will not be accepted at this address.

Accomodations for COVID-19 pandemic, natural disasters, or other extenuating circumstances

Reapplicants.

Applicants who applied last year are considered reapplicants. Those reapplying must submit a completely new application. The new application must include all required documents to be provided by the applicant - we will not re-use material previously submitted. These materials include an updated statement of purpose, transcripts, test score reports, updated letters of recommendation, the application fee, and any other supporting materials

Please note, Harvard University will accept no more than three applications from any one individual over the course of their lifetime. If your 2023 application is incomplete and you are denied admission, GSAS will not count it toward our lifetime limit of three total applications that an individual may submit due to the global pandemic.

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Admissions Requirements

The following are general requirements you should meet to apply to the MIT Sloan PhD Program. Complete instructions concerning application requirements are available in the online application.

General Requirements

• Bachelor's degree or equivalent
• A strong quantitative background (the Accounting group requires calculus)
• Exposure to microeconomics and macroeconomics (the Accounting group requires microeconomics)

A Guide to Business PhD Applications by Abhishek Nagaraj (PhD 2016) may be of interest.

Application Components

Statement of purpose.

Your written statement is your chance to convince the admissions committee that you will do excellent doctoral work and that you have the promise to have a successful career as an academic researcher. 

GMAT/GRE Scores

We require either a valid GMAT or valid GRE score. At-home testing is allowed. Your unofficial score report from the testing institution is sufficient for application. If you are admitted to the program, you will be required to submit your official test score for verification.    

We do not have a minimum score requirement. We do not offer test waivers. Registration information for the GMAT (code X5X-QS-21) and GRE (code 3510) may be obtained at www.mba.com and www.ets.org respectively.

TOEFL/IELTS Scores

We require either a valid TOEFL (minimum score 577 PBT/90 IBT ) or valid IELTS (minimum score 7) for all non-native English speakers. Your unofficial score report from the testing institution is sufficient for application. If you are admitted to the program, you will be required to submit your official test score for verification.    Registration information for TOEFL (code 3510) and IELTS may be obtained at www.toefl.org and www.ielts.org respectively.

The TOEFL/IELTS test requirement is waived only if you meet one of the following criteria:

• You are a native English speaker.
• You attended all years of an undergraduate program conducted solely in English, and are a graduate of that program.

Please do not contact the PhD Program regarding waivers, as none will be discussed. If, upon review, the faculty are interested in your application with a missing required TOEFL or IELTS score, we may contact you at that time to request a score.

Transcripts

We require unofficial copies of transcripts for each college or university you have attended, even if no degree was awarded. If these transcripts are in a language other than English, we also require a copy of a certified translation. In addition, you will be asked to list the five most relevant courses you have taken.

Letters of Recommendation

We require three letters of recommendation. Academic letters are preferred, especially those providing evidence of research potential. We allow for an optional  fourth recommendation, but no more than four recommendations are allowed.

Your resume should be no more than two pages. You may chose to include teaching, professional experience, research experience, publications, and other accomplishments in outside activities.

Writing Sample(s)

Applicants are encouraged to submit a writing sample. For applicants to the Finance group, a writing sample is required. There are no specific guidelines for your writing sample. Possible options include (but are not limited to) essays, masters’ theses, capstone projects, or research papers.

Video Essay

A video essay is required for the Accounting research group and optional for the Marketing and System Dynamics research groups. The essay is a short and informal video answering why you selected this research group and a time where you creatively solved a problem. The video can be recorded with your phone or computer, and should range from 2 to 5 minutes in length. There is no attention — zero emphasis! — on the production value of your video.  

Nondiscrimination Policy: The Massachusetts Institute of Technology is committed to the principle of equal opportunity in education and employment. For complete text of MIT’s Nondiscrimination Statement, please click  here .

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Management - Finance

The Management - Finance program from The University of Arizona prepares its graduates primarily for careers as university professors, with research agendas in corporate finance, investments and financial institutions.  

The University of Arizona Multiple locations Tucson , Arizona , United States Top 1% worldwide Studyportals University Meta Ranking 4.1 Read 41 reviews

Key Features

A set of economics and finance courses is required of all students, regardless of which areas of concentration they choose. This is supplemented with special courses and electives.

In addition, students are required to become competent in economics and econometrics and pass the requirements for a minor in economics. 

The UA Finance Department seeks to admit highly qualified, motivated and quantitatively-skilled students interested in pursuing independent research projects.

Programme Structure

Courses include:

• Microeconomic Theory 
• Mathematical Economics
• Theory of Quantitative Methods in Economics
• Financial Decision Making 
• Investments
• Econometrics 
• Accounting 

Key information

• 60 months

Start dates & application deadlines

• Apply before 2025-01-15 00:00:00

Interested in an IELTS preparation course? Get started here

Disciplines

Academic requirements, english requirements, student insurance.

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

• Additional medical costs (i.e. dental)
• Repatriation, if something happens to you or your family
• Home contents and baggage

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at The University of Arizona and/or in United States, please visit Student Insurance Portal .

Other requirements

General requirements.

• Minimum GPA: 3.00
• Minimum GMAT Score: 650 
• Minimum TOEFL (Internet-based) Score: 100
• OR, Minimum IELTS (overall band score): 7.0; Minimum IELTS (individual section score): 6.0

Tuition Fee

International, living costs for tucson.

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find PhD's scholarship opportunities for Management - Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Read more about eligibility

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Best Online MBA in Finance Programs

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www.bestcolleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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Take our quiz and we'll do the homework for you! Compare your school matches and apply to your top choice today.

If you're interested in finance — a fast-paced environment, high salaries, maybe even a job on Wall Street — earning an MBA in finance could be an important step toward your dream career.

A finance MBA is a concentration option offered by many MBA programs. In addition to the basic financial management courses offered in standard MBA programs, finance students study more advanced concepts like business analytics and portfolio management. And online program options provide increased flexibility, letting you balance work or other responsibilities with school.

Once you complete an in-person or online MBA in finance, you're prepared to pursue careers like financial manager , financial analyst, and maybe even chief financial officer. With many starting salaries around $95,000, this field often provides a good return on investment .

Additionally, the Bureau of Labor Statistics (BLS) projects faster-than-average growth for financial analysts and management analysts from 2022-2032.

Depending on whether you're a young professional or midway through your career, you can find an MBA program that meets your needs online, in person, or in a hybrid format.

Still unsure about which MBA type of program to choose? Check out our ranking of the best online MBA programs .

Related MBA in Finance Programs That Might Interest You

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

The Best Accredited Online MBA in Finance Programs

We use trusted sources like Peterson's Data and the National Center for Education Statistics to inform the data for these schools. BestColleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site. from our partners appear among these rankings and are indicated as such.

BestColleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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University of North Carolina at Chapel Hill

• Chapel Hill, NC
• Online + Campus

UNC-Chapel Hill's 62-credit MBA in finance focuses on financial strategy and analytics. Accredited by the Association to Advance Collegiate Schools of Business, the program boasts about 42,000 alumni, including almost 2,000 online graduates.

The online MBA in finance starts four times a year, and students can graduate in less than 18 months. Working professionals benefit from accommodating online schedules, although all learners must participate in two weekend summits — either at an international location or on campus. Applicants with more than five years of relevant experience may qualify for a GMAT waiver.

Program Snapshot

• Program URL : Visit Program
• Program Accreditation : Association to Advance Collegiate Schools of Business
• Cost-per-credit : $2,025.63
• Total Credits Required to Graduate : 62 credits
• Program Length : 18-36 months
• Format : Online
• School Status : Public

University of North Carolina at Chapel Hill is accredited by Southern Association of Colleges and Schools Commission on Colleges.

Villanova University

• Villanova, PA

In Villanova's 48-credit online MBA in finance program , students complete courses that emphasize management, leadership, and collaboration. In addition to flexible online classes, the program begins with a weekend residence and features two practica. Students can also complete an optional week-long immersion capstone project.

Accredited by the Association to Advance Collegiate Schools of Business, the program typically takes two years to complete. Classes usually run asynchronously throughout 16-week terms, although various synchronous components may be available.

• Cost-per-credit : $1,409
• Total Credits Required to Graduate : 48 credits
• Program Length : 2 years
• Instruction Style : Both
• School Status : Private

Villanova University is accredited by Middle States Commission on Higher Education.

Pennsylvania State University-World Campus

• University Park, PA

Penn State World Campus offers an online MBA in finance that provides in-depth training in business analytics, integration, and problem-solving. One of 20 nine-credit concentrations available, the finance specialization features courses in multinational finance and portfolio management, plus a three-day virtual or on-campus residency.

Degree-seekers can start at the beginning of any semester and graduate within two years. Accredited by the Association to Advance Collegiate Schools of Business, this MBA in finance program offers the same tuition rates to in-state and out-of-state learners.

• Cost-per-credit : $1,236
• Instruction Style : Asynchronous

Pennsylvania State University is accredited by Middle States Commission on Higher Education.

Babson College

• Wellesley, MA

Through Babson's part-time MBA in finance , students join a network of more than 42,000 alumni from around the world. Learners can choose between general finance and STEM-integrated quantitative finance concentrations. Degree-seekers can participate in on-campus weekend intensives for additional networking and collaborative experiences.

Babson offers students fully online, hybrid, and evening classes, along with the ability to complete the program in 18 months or extend it beyond three years. Fully online study may not be available to California residents.

• Cost-per-credit : $1,990
• Program Length : 18 months - 3 years
• Format : Online or hybrid

Babson College is accredited by New England Commission on Higher Education.

University of Maryland-College Park

• College Park, MD

Online students at UMD can choose between six MBA tracks , including finance, which focuses on investing, restructuring, and managing finances using data-informed strategies. The Association to Advance Collegiate Schools of Business accredits this program, which boasts an alumni network of more than 65,000 professionals.

Distance learners can choose from three start dates annually, and they pay the same tuition rates regardless of where they live. Students typically complete the 54 required credits within two years. Participants can also access career development activities, seminars, and coaches.

• Cost-per-credit : $1,644
• Total Credits Required to Graduate : 54 credit hours
• Program Length : 24 months

University of Maryland - College Park is accredited by Middle States Commission on Higher Education.

Purdue University-Main Campus

• West Lafayette, IN

Purdue students can take a 60-credit general MBA or add a 16-credit concentration in one of six areas, including project management, healthcare management, and finance. Learners pursuing the 76-credit MBA in finance cover topics like international business and investment strategies.

Online classes typically run through six-week terms, and students can choose from multiple start dates each year. Accredited by the Accreditation Council for Business Schools and Programs, this MBA in finance program also gives experienced applicants the option to enroll in an accelerated pathway that may reduce study time and costs.

• Program Accreditation : Accreditation Council for Business Schools and Programs
• Cost-per-credit : $485
• Total Credits Required to Graduate : 76 credits

Purdue University is accredited by Higher Learning Commission.

Texas A & M International University

TAMIU's online MBA in finance prepares graduates for careers in international banking and finance, teaching them about important systems and practices and how to perform accurate analysis, measurements, and forecasts. The program holds accreditation from the Association to Advance Collegiate Schools of Business.

Distance learners pursuing their 30-credit MBA in finance can choose from six annual start dates. They can complete the program in less than 15 months, with courses running throughout seven-week sessions. Texas residents pay reduced tuition, and inexperienced applicants can access prep-module courses.

• Cost-per-credit : $335.81
• Total Credits Required to Graduate : 30 credit hours
• Program Length : 15 months

Texas A&M International University is accredited by Southern Association of Colleges and Schools Commission on Colleges.

Webster University

• Saint Louis, MO

Webster's MBA in corporate finance teaches learners to create value for organizations in various ways. One of 10 available emphases, this 45-credit track provides training in modeling, analysis, and budgeting for large organizations.

Accredited by the Accreditation Council for Business Schools and Programs, the program's online courses run primarily asynchronously, with the exception of two-hour synchronous sessions each week. Participants must also complete a capstone project where they work directly with an organization.

• Cost-per-credit : $780
• Total Credits Required to Graduate : 39-45 credit hours

Webster University is accredited by Higher Learning Commission.

University of North Carolina Wilmington

• Wilmington, NC

UNCW's online MBA in finance program focuses on investment and real estate markets, and it teaches students how to use quantitative and financial analysis to improve organizational health. Students can complete the 36-credit program in 12 months, choosing from six entry dates annually.

The program is accredited by the Association to Advance Collegiate Schools of Business. Online classes run throughout seven-week sessions, and applicants need a 3.0 minimum GPA and at least two years of experience to earn admission.

• Cost-per-credit : $414.72 for in-state students; $1,092.62 for out-of-state students
• Total Credits Required to Graduate : 36 credit hours
• Program Length : 12 months

University of North Carolina - Wilmington is accredited by Southern Association of Colleges and Schools Commission on Colleges.

University of Delaware

UD's online students can choose from five MBA specializations, including an MBA in finance . The finance program emphasizes international, corporate, and investment finance. Learners take asynchronous classes in seven-week terms and can graduate within 16 months.

To be admitted, applicants need a minimum GPA of 2.8 and two years of work experience. Prospective students with at least four years of experience may receive a GMAT waiver. Students enjoy access to a career coach, career fairs, and professional development workshops.

• Cost-per-credit : $950
• Total Credits Required to Graduate : 44 credits
• Program Length : 16 months

University of Delaware is accredited by Middle States Commission on Higher Education.

Bethel University

• Saint Paul, MN

Featuring eight concentrations, including one in finance, Bethel's online MBA program holds accreditation from the Accreditation Council for Business Schools and Programs. The MBA in finance focuses on global finance strategies, effective financial decision-making, and ethical leadership. The program culminates in a team leadership and collaboration capstone project.

Classes run throughout six-week sessions, and learners can start at the beginning of any session throughout the year. Students usually complete the 42-credit online program in 19-24 months.

• Cost-per-credit : $650
• Total Credits Required to Graduate : 42 credits
• Program Length : 18-24 months

Bethel University is accredited by Higher Learning Commission.

Ball State University

Ball State's online MBA in finance provides students with the analytical tools needed to make and save money for organizations. Students complete 30-43 credits, depending on their prior business training. The program features fall, spring, and summer start dates.

Most students take two courses per semester and graduate within 24 months. The program delivers coursework both synchronously and asynchronously and does not include on-campus requirements. This MBA in finance program holds accreditation from the Association to Advance Collegiate Schools of Business.

• Cost-per-credit : $549 for in-state students; $771 for out-of-state students
• Total Credits Required to Graduate : 30-43 credits

Ball State University is accredited by Higher Learning Commission.

University of Massachusetts-Amherst

• Amherst, MA

UMass Amherst's MBA students can choose from multiple concentrations, including business analytics, healthcare administration, and finance. The school's online MBA in finance covers advanced financial management, along with e-commerce logistics, new venture finance, and healthcare finance.

Applicants typically need three years of professional experience. The program requires 37-39 credits and offers start dates every spring, summer, and fall. The program holds accreditation from the Association to Advance Collegiate Schools of Business.

• Cost-per-credit : $2,081 for in-state students; $4,043 for out-of-state students
• Total Credits Required to Graduate : 45 credits
• Instruction Style : Synchronous

University of Massachusetts - Amherst is accredited by New England Commission on Higher Education.

Florida Atlantic University

• Boca Raton, FL

Distance learners at FAU can choose from 10 MBA concentrations , including a finance option that prepares professionals to protect an organization's long-term financial health. The program requires 40-46 credits of coursework in specialized topics like advanced monetary economics and multinational finance.

Students can begin during one of three annual start dates and graduate within 16-23 months, taking classes in eight-week terms. Accredited by the Association to Advance Collegiate Schools of Business, this MBA in finance features entirely asynchronous online courses and no on-campus requirements.

• Cost-per-credit : $800
• Total Credits Required to Graduate : 40-46 credits
• Program Length : 16-23 months

Florida Atlantic University is accredited by Southern Association of Colleges and Schools Commission on Colleges.

Syracuse University

• Syracuse, NY

Syracuse's MBA students can choose from six concentrations, including finance. In this 54-credit specialization, learners take courses in global economics and quantitative analysis. They can graduate within 24 months and join an alumni network of over 30,000 professionals.

In addition to advanced business training, learners develop modeling, statistical, and portfolio management skills. MBA students must attend three residencies throughout the two-year program. The program holds accreditation from the Association to Advance Collegiate Schools of Business.

• Cost-per-credit : $1,734
• Total Credits Required to Graduate : 54 credits

Syracuse University is accredited by Middle States Commission on Higher Education.

How We Rank Schools

At BestColleges, we believe a college education is one of the most important investments you can make. We help you navigate the college selection process by offering transparent, inclusive, and relevant school rankings.

We use datasets from trusted sources like the National Center for Education Statistics to inform the data for these schools and our methodologies. This ranking is from 2022. To learn more, check out our full ranking methodologies.

What Is an MBA in Finance?

Programs can vary considerably, but an MBA in finance often focuses on one or more subdisciplines, such as corporate or international finance. MBA programs often feature the same two-year commitment as a standard master's program , although some MBA pathways offer flexible study options to better accommodate working professionals.

These programs can be demanding, emphasizing experience-driven and practical training, and students often complete internships. In online programs , degree-seekers may need to satisfy residency requirements — distance learners should keep those in mind when choosing a school.

What Can I Expect From an Online MBA in Finance Program?

Like a standard MBA program, an online MBA in finance covers general business topics. However, these programs place additional emphasis and provide training specifically in finance. Graduates can manage finance teams, provide consulting and analytical services, and help organizations make more informed financial decisions.

Online programs often offer students improved flexibility and accessibility. An online degree may pay off for students in many ways, with some programs offering asynchronous classes, innovative online technologies, and flat tuition rates for all learners.

Corporate Finance

Financial management, supply chain management, business analytics, portfolio management, what can i do with a finance mba.

An MBA in finance can position you well for a rewarding, high-paying career. The BLS projects 16% job growth for financial managers between 2022 and 2032, which is more than five times faster than the average projected growth rate for all occupations. In addition to opening up numerous job opportunities, an MBA in finance qualifies professionals for some of the most lucrative positions in the business sector .

Degree-seekers can also boost their employability even more by specializing in a subdiscipline. Choosing a specialization like corporate finance, portfolio management, risk management, or financial management can help learners focus their training and strengthen their chances of finding meaningful employment in those fields.

• Collapse All

Financial Manager

Financial managers supervise major financial activities for organizations. They manage staff, optimize financial processes, and look for investment opportunities. These professionals need a bachelor's degree at minimum, although many employers prefer hiring candidates with a graduate degree.

Median Annual Salary (2022): $139,790

Financial Analyst

These professionals provide financial analysis for organizations in various areas, looking at investments and risks, market trends, and overall financial health. They combine research, analytical tools, and financial insight to identify opportunities for savings and growth. These positions require a bachelor's degree at minimum, with many employers looking to hire workers with a graduate degree.

Median Annual Salary (2022): $96,220

Financial Examiner

Financial examiners review and assess the operations and activities of various financial institutions. They may protect organizations against risk and losses or individuals against unfair and unethical lending practices. For management and senior-level positions, many employers prefer candidates with a master's degree.

Median Annual Salary (2022): $82,210

Top Executive

Top executives help organizations meet goals. These professionals perform tasks like analyzing finances and performance, changing processes, and realigning staff and departmental priorities. They may supervise a variety of departments or manage all financial activities as a chief financial officer. In large corporations, these professionals often hold an MBA.

Median Annual Salary (2022): $100,090

Management Analyst

Management analysts work internally or contractually and look at leadership processes within an organization. They assess finances, employees, and processes and suggest ways to maximize potential. Most employers require candidates to have a bachelor's degree at minimum, although master's degree-holders may receive preference.

Median Annual Salary (2022): $95,290

Finance Not for You? Check Out These Related Careers

Is an mba in finance worth it.

An MBA in finance can help graduates gain access to specialized industries, careers, and projects. These advanced degrees can provide graduates with a competitive advantage over their peers.

All MBA applicants should consider the possible return on investment for their degree, comparing tuition rates and average salaries of potential careers. MBA in finance graduates may qualify for positions like financial manager, financial analyst, and financial examiner. The top 10% of earners in each of these professions make $160,000 per year or higher.

However, an MBA does not automatically qualify all graduates for the same positions, nor does every student meet admission requirements for these oftentimes competitive programs. As an alternative, aspiring or current finance professionals may consider pursuing a graduate certificate in a specific finance discipline, an industry certification, and/or a standard master's degree in finance.

Find the Tools You Need to Get Started on Your Degree

Why get an mba in finance instead of a master's in finance.

Prospective finance students can choose between an MBA in finance and a master of science in finance. While both degrees can lead to similar career paths, MBA programs typically feature more leadership training and may better equip graduates for management positions.

While many of the best online master's in finance programs offer similarly in-depth finance education, MBA programs may better connect the theory covered in coursework to broader organizational activities.

Aspiring learners might also decide to enroll in a dual MBA and master's in finance program, which features an interdisciplinary approach. For more information on these types of programs, check out our dual-degree program guide .

Still Looking for the Right Fit? Discover Similar Programs.

Frequently asked questions about mba in finance programs, how hard is an mba in finance program.

Like any degree program, the difficulty will depend largely on the specific program and your preparation going into it. Generally, an MBA in finance is not harder than an MBA with a different concentration.

Is a CPA more valuable than an MBA?

In many ways, this is like comparing apples and oranges. A CPA is a professional certification for accountants, whereas an MBA is an academic degree program that focuses on leadership, accounting, and other components.

What do people do with an MBA in finance?

Common careers for graduates with an MBA in finance include financial analysts, investment managers, and chief financial officers.

Note: The insights on this page — excluding school descriptions — were reviewed by an independent third party compensated for their time by BestColleges. Page last reviewed April 6, 2024.

Explore More College Resources

Best online master’s in finance programs.

The Best Online MBA Programs of 2024

Best Finance Degrees Online of 2024

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View the most relevant schools for your interests and compare them by tuition, programs, acceptance rate, and other factors important to finding your college home.

Master of Science in Business Analytics

For Working Professionals

More Information

• MSBA-WP Home
• Student Experience
• Tuition & Financial Aid

Why A Master's in Business Analytics?

LEARN PRACTICAL SKILLS FROM TOP ACADEMICS

DESIGNED WITH YOU IN MIND

Quick facts, online program, participant profile.

Program At A Glance

The Master of Science in Business Analytics for Working Professionals is a 23-month program designed to allow you to study while you work.

Key Program Components

This part-time, online program has three components:

• Asynchronous online learning (self-paced, online)
• Synchronous meetings take place on Tuesdays from 7-9pm CST
• 5 required in-person immersives (in-person)

Curriculum Pathways

You can customize your curriculum with pathway options, including tracks in:

• Supply Chain
• Marketing Analytics

Learn more about the curriculum

Course Schedule

Summer #1 - 6 credits  

• Core: Data Science Programming (3)   
• Core: Information Management (3)   

Fall #1 - 6 credits  

• Core: Introduction to Machine Learning (3)   
• Core: Financial Management (3)   

Spring #1 - 5 credits  

• Core: Advanced Machine Learning (3)   
• Core: Analytics for Unstructured Data (2)   

Summer #2 - 6 credits  

• Core: Optimization-I (2)   
• Core: Unsupervised Learning  (2)   
• Elective (2)   

Fall #2 - 7 credits  

• Core: Optimization-II (2)   
• Core: Capstone Preparation (1)   

Spring #2 - 6 credits  

• Core: Capstone Project (2)   
• Elective (2)

Learning Formats

This course is a blend of self-paced online learning and live online classes.

• All courses will be held online
• Can be attended from anywhere in the Americas
• The 5 on-campus "immersives" will be held at The McCombs School of Business in Austin, Texas

Important Dates

Program Start Date:  June 2024

Graduation Date: May 2026

Application Is Open!

Application Deadlines

• Round 1 Deadline: October 11, 2023
• Round 2 Deadline: January 10, 2024
• Round 3 Deadline: March 6, 2024
• Round 4 Deadline: April 10, 2024

Click here to  learn more about the application process Application Process

Orientation and First Class Day

Cohort II Immersive 1: Orientation

Cohort II First Class Day

Who attends this program, career stage, work experience.

Pivot with Confidence

Create value for your organization, impact decision making and make better decisions, leverage data to quantify business tradeoffs, gain career relevancy for the long term, apply analytics across different business areas, evaluate tradeoffs of emerging business models, learn more about the working professionals program at an event, upcoming events.

Connect With Staff or Faculty

Attend a Virtual Info Session

Get answers to your questions.

Browse some of the most-asked questions below, or download the PDF to view a full list of FAQs about the program.

Dr. Jade DeKinder

Dr. Anitesh Barua

Dr. Guoming Lai

Influenced by corporate leaders, pilar odland.

Head of Analytics, Kendra Scott

Head of Data Science & Analytics, Chevron

Abhinaya Anathakrishnan

Data Analytics Manager, Meta

President, Zebra Technologies

Want More Information?

Join our interest list to receive the latest updates on the MSBA-WP program.

Interested in the Full-Time Program?

We also off a full-time, in-person MSBA program that can be completed in 10 months. If you're interested in learning more about that program, click below.

Is tuition different in-state versus out-of-state?

What tests are required for the application.

Beginning with the 2023-24 admissions cycle, we are pleased to announce that GMAT and GRE test scores are now optional for the Texas McCombs Master of Science Programs! Applicants will not be disadvantaged in the admissions profess if they do not submit test scores, and applicants who feel that their test scores reflect their potential for success in graduate school may submit scores for consideration.

If you opt to submit GMAT, GMAT Focus or GRE scores, you will need to provide your test scores in order to submit your application. While the official score report may reach the Graduate School after we have received your application, you will not be able to submit unless you have entered your scores and at least uploaded an unofficial score report. Read more about tests now being optional on our blog .

Do you factor work experience into admissions decisions, or do you only look at GPA?

How does this program differ from the post-graduate program in data science and analytics.

The career management piece is a critical aspect of all MS Programs that sets them apart. One advantage to the MSBA-WP programs is the access to one-on-one coaching you’ll have for the duration of the program.  

The Capstone Project is another component that sets this program (and all MS Programs) apart. Capstone offers you the opportunity to work with a real-life company to help them resolve a problem. This both adds to your resume and helps you build your network.  

Access to people who can help broaden your network – both through Capstone and the Advisory Council – is another way this program is different.

Compare Programs :  MSBA Comparison Chart

What are some of the prerequisites for this program?

Strong Quantitative Skills  

Quantitative skills take you a long way when learning new aspects of machine learning, optimization, and when using statistics and understanding data. The program requires some prior background in calculus and statistics, and some quant is needed within the first class.

Programming Experience  

Attendees should have higher levels of programming experience related to object-oriented programming and data structures. You'll need to know beyond the syntax, and understand how to resolve problems using coding and programming. Generally, prior Python, Java, or C++ experience is sufficient, but R or SQL experience does not provide the object-oriented and data structure experience needed. Please attend an event or speak to an Admissions Officer for more detail.

Strong Communication Skills  

You'll need to know more than data; it’s important to know how to interpret data and communicate the results beyond just technical skills.  

What are the dates and times of the synchronous online sessions?

Synchronous online sessions are two hours long, and will take place on Tuesdays from 7-9pm CST.

As Featured in "Poets & Quants"

Jade DeKinder, Associate Dean for MS programs and Clinical Assistant Professor of Marketing, and Genaro Gutierrez, Director for the MS in Business Analytics program and Associate Professor of IROM, discuss the new Master of Science in Business Analytics for Working Professionals program.

Program Calendar

Receive program news and event information from the online Master of Science in Business Analytics program.

Financial Mathematics Graduate Programs in America

1-25 of 68 results

MIT Sloan School of Management

• Cambridge, MA ·
• Massachusetts Institute of Technology ·
• Graduate School
• · Rating 4.9 out of 5   10 reviews

Massachusetts Institute of Technology ,

Graduate School ,

CAMBRIDGE, MA ,

10 Niche users give it an average review of 4.9 stars.

Featured Review: Master's Student says I am an incoming MBA student to MIT Sloan. The application and enrollment process has been incredibly informative. I’ve been able to network with numerous current students and have worked on mapping... .

Read 10 reviews.

Princeton University

• Princeton, NJ ·
• · Rating 4.33 out of 5   3 reviews

PRINCETON, NJ ,

3 Niche users give it an average review of 4.3 stars.

Featured Review: Master's Student says The best part of the Princeton University mechanical engineering graduate degree is the excellent faculty that teach the courses. They are incredibly knowledgeable and also very willing to help... .

Read 3 reviews.

Owen Graduate School of Management

• Nashville, TN ·
• Vanderbilt University ·
• · Rating 4.4 out of 5   5 reviews

Vanderbilt University ,

NASHVILLE, TN ,

5 Niche users give it an average review of 4.4 stars.

Featured Review: Master's Student says I attend my first semester in the fall of 2024. My experience so far has been amazing. I cannot wait until I start my experience. .

Read 5 reviews.

University of Dallas

• Graduate School ·
• · Rating 4.11 out of 5   9

Lam Family College of Business

• San Francisco State University ·
• SAN FRANCISCO, CA
• · Rating 3.67 out of 5   3

College of Liberal and Creative Arts - San Francisco State University

Olin Business School

• St. Louis, MO ·
• Washington University in St. Louis ·
• · Rating 4 out of 5   7 reviews

Washington University in St. Louis ,

ST. LOUIS, MO ,

7 Niche users give it an average review of 4 stars.

Featured Review: Master's Student says The enrolment process was an absolute pleasure. Being able to sit in on classes and interact with faculty and students was a fantastic opportunity. It gave me a real feel for the academic dynamic and... .

Read 7 reviews.

Chicago Booth School of Business

• Chicago, IL ·
• University of Chicago ·
• · Rating 4.86 out of 5   14 reviews

University of Chicago ,

CHICAGO, IL ,

14 Niche users give it an average review of 4.9 stars.

Featured Review: Master's Student says My academic experience at the Chicago Booth Executive MBA program has been exceptionally enriching. The program's rigorous curriculum, combined with interactive class discussions and real-world case... .

Read 14 reviews.

Marshall School of Business

• Los Angeles, CA ·
• University of Southern California ·
• · Rating 4.71 out of 5   17 reviews

University of Southern California ,

LOS ANGELES, CA ,

17 Niche users give it an average review of 4.7 stars.

Featured Review: Current Master's student says Marshall is a fantastic business program. So far, my academic experience has been nothing short of fantastic. I have never enjoyed school before, but almost every class I have learned new,... Marshall has clubs for almost every industry, so depending on your industry of interest, Marshall has clubs to prepare you for interviews and get you great exposure, and they're a great way to... Marshall is still relatively underrepresented in minority categories like women and people of color, but from my understanding, they are working to improve those numbers. .

Read 17 reviews.

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Whiting School of Engineering

• Baltimore, MD ·
• Johns Hopkins University ·
• · Rating 4.83 out of 5   12 reviews

Johns Hopkins University ,

BALTIMORE, MD ,

12 Niche users give it an average review of 4.8 stars.

Featured Review: Master's Student says Just starting now but the onboarding process is great! The student orientation was very helpful and the school has an amazing network. .

Read 12 reviews.

The Graduate School of Arts & Sciences - University of Virginia

• Charlottesville, VA ·
• University of Virginia ·
• · Rating 4 out of 5   1 review

University of Virginia ,

CHARLOTTESVILLE, VA ,

1 Niche users give it an average review of 4 stars.

Featured Review: Alum says Very good in some areas, excellent in other areas, many academic choices available in all areas of study .

Read 1 reviews.

College of Sciences - Georgia Institute of Technology

• Atlanta, GA ·
• Georgia Institute of Technology ·
• · Rating 5 out of 5   1 review

Georgia Institute of Technology ,

ATLANTA, GA ,

1 Niche users give it an average review of 5 stars.

Featured Review: Other says Georgia Tech is among the top colleges you can attend. My journey there had its highs and lows, but looking back, every experience contributed significantly to my growth. A piece of advice I'd offer... .

Haas School of Business

• Berkeley, CA ·
• University of California - Berkeley ·
• · Rating 5 out of 5   3 reviews

Blue checkmark.

University of California - Berkeley ,

BERKELEY, CA ,

3 Niche users give it an average review of 5 stars.

Featured Review: Master's Student says I am a new EWMBA admit at Haas and so far the experience has been fantastic! It's a close-knit community of intellectual, humble, and talented working professionals. The entire team of program directors, admissions officers, etc. are SO willing to help! .

Tandon School of Engineering

• Brooklyn, NY ·
• New York University ·
• · Rating 4.73 out of 5   15 reviews

New York University ,

BROOKLYN, NY ,

15 Niche users give it an average review of 4.7 stars.

Featured Review: Master's Student says As a bioinformatics master's student at the NYU Tandon School of Engineering, I've had the opportunity to explore the fascinating intersection of biology and computer science. The program has... The faculty at Tandon are experienced and supportive, and I've had the chance to collaborate with fellow students on exciting research projects. The interdisciplinary nature of bioinformatics has... Overall, my experience at NYU Tandon has been enriching, and I look forward to applying the knowledge and skills acquired during my master's program to contribute meaningfully to the field of... .

Read 15 reviews.

Leonard N. Stern School of Business

• New York, NY ·
• · Rating 4.82 out of 5   28 reviews

NEW YORK, NY ,

28 Niche users give it an average review of 4.8 stars.

Featured Review: Master's Student says As a part-time MBA candidate at NYU Stern, I'm deeply impressed by the program's blend of academic rigor and practical application. The faculty, industry leaders in their own right, provide... .

Read 28 reviews.

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Carroll School of Management

• Chestnut Hill, MA ·
• Boston College ·
• · Rating 5 out of 5   2 reviews

Boston College ,

CHESTNUT HILL, MA ,

2 Niche users give it an average review of 5 stars.

Featured Review: Master's Student says I am currently enrolled in the part time, professional evening MBA program. So far it has brought me to communicate with like minded individuals and the professors truly want to see you succeed so... .

Read 2 reviews.

College of Natural Sciences

• Austin, TX ·
• University of Texas - Austin ·

University of Texas - Austin ,

AUSTIN, TX ,

Questrom School of Business

• Boston, MA ·
• Boston University ·
• · Rating 4.29 out of 5   7 reviews

Boston University ,

BOSTON, MA ,

7 Niche users give it an average review of 4.3 stars.

Featured Review: Master's Student says Boston University's MBA program transformed me. Faculty, experts in their fields, nurtured my learning. A diverse student body broadened my perspective. Experiential learning honed skills and... .

College of Liberal Arts & Sciences - University of Illinois

• Urbana, IL ·
• University of Illinois Urbana-Champaign ·

University of Illinois Urbana-Champaign ,

URBANA, IL ,

Lally School of Management

• Rensselaer Polytechnic Institute ·

Rensselaer Polytechnic Institute ,

College of Arts and Sciences - University of Miami

• Coral Gables, FL ·
• University of Miami ·
• · Rating 4.67 out of 5   6 reviews

University of Miami ,

CORAL GABLES, FL ,

6 Niche users give it an average review of 4.7 stars.

Featured Review: Master's Student says I am in graduate school and needed something online but also wanted something that was going to challenge me and provide me with a step further than my undergrad school provided. I compared many MPA... .

Read 6 reviews.

Dedman College of Humanities and Sciences

• Dallas, TX ·
• Southern Methodist University ·

Southern Methodist University ,

DALLAS, TX ,

Tulane University School of Science and Engineering

• New Orleans, LA ·
• Tulane University ·

Tulane University ,

NEW ORLEANS, LA ,

Featured Review: Master's Student says I am currently in the materials science and engineering 4+1 program which will allow me to earn my MS in one year instead of two. There are some really amazing professors here despite the department... .

Babson College

• Babson Park, MA ·
• · Rating 4.57 out of 5   14 reviews

BABSON PARK, MA ,

14 Niche users give it an average review of 4.6 stars.

Featured Review: Master's Student says So far my academic experience has been good at Babson college. The instructors are available and willing to go out of their way to answer any questions you have and make sure that you are comfortable... .

College of Science and Engineering - University of Minnesota Twin Cities

• Minneapolis, MN ·
• University of Minnesota Twin Cities ·
• · Rating 4 out of 5   2 reviews

University of Minnesota Twin Cities ,

MINNEAPOLIS, MN ,

2 Niche users give it an average review of 4 stars.

Featured Review: Doctoral Student says I started graduate school at UMN during the height of the COVID pandemic. Despite not being able to go to classes in person or get into the lab, the UMN community has been very inclusive and I have... .

The Ohio State University College of Arts and Sciences

• Columbus, OH ·
• The Ohio State University ·

The Ohio State University ,

COLUMBUS, OH ,

Featured Review: Graduate Student says Not a bad place, good reputation but the College is cutting funds every year. Cutting funds within sociales sciences and humanities has been a problem that the college face every year. .

NC State College of Sciences

• Raleigh, NC ·
• North Carolina State University ·

North Carolina State University ,

RALEIGH, NC ,

Charles V. Schaefer, Jr. School of Engineering & Science

• Hoboken, NJ ·
• Stevens Institute of Technology ·

Stevens Institute of Technology ,

HOBOKEN, NJ ,

Graduate College of Education - San Francisco State University

Tulane University

• NEW ORLEANS, LA
• · Rating 4.24 out of 5   38

College of Health and Social Sciences - San Francisco State University

• · Rating 4 out of 5   1

Showing results 1 through 25 of 68

At least 35 of America’s billionaires are PhDs. As academic jobs become scarce, doctorates should get down to business

Samantha Dewalt is managing director of the Lehigh@NasdaqCenter, an exclusive education-industry partnership between Lehigh University in Pennsylvania and the Nasdaq Entrepreneurial Center in San Francisco .

Traditionally, a doctoral degree is regarded almost exclusively as a passport to scholarly distinction and academic tenure. Any person who committed the time, energy, and expense to attain a PhD appeared inevitably destined for the academy, free to pursue knowledge without commercial intent.

So goes the standard rationale—and training—for a doctorate. Candidates are groomed for careers in academia, where they will research, teach, and publish. That tradition, though well-intentioned, is overdue for a drastic expansion.

Saving research from ‘the valley of death’

Such an expansion has already begun. In December, the National Science Foundation awarded $100 million to 18 academic institutions all across the U.S. to “speed and scale research into products and services that benefit the nation.” The first-ever Accelerating Research Translation awards are designed to enable university scholars to convert academic innovation into commercial value and societal purpose. Each school awarded will partner with a mentoring institution of higher education already equipped with “a robust ecosystem for translational research.”

Lehigh University is among the recipients of the abovementioned National Science Foundation awards, with Carnegie Mellon University acting as its peer mentor. The $6 million award will be earmarked specifically to increase the translation of scientific discoveries in engineering, science, health, humanities, business, education, and other disciplines—by faculty, graduate students and postdoctoral researchers into prototypes, products, and programs that will benefit society.

Meanwhile, as the supply of jobs in academia struggles to keep up with the demand, more PhDs are turning to careers in industry. In 2020, The Princeton Review warned, “If it’s your ambition to become a professor, you should be aware that the PhD. track is no guarantee of a life in  academia .” As such, candidates will need to be prepared differently. 

Make no mistake: Some college graduates bearing PhDs have proven highly enterprising. It is estimated that the private sector now employs about as many PhD graduates as educational institutions.

Most research finds that between one-third and one-half of all PhD graduates globally stay in academia , while others may migrate to the private sector. Almost daily, some entrepreneurial PhDs launch new ventures that eventually hit the jackpot. Indeed, Forbes  has reported that “at least” 35 U.S. billionaires obtained a PhD before plunging into business.

But let’s face it: Academics are rarely trained to be entrepreneurs. They typically focus on conducting research, publishing manuscripts, and at times, developing intellectual property, but without cultivating the business knowledge or resources to turn innovations into viable market solutions. And it’s a shame when university research languishes on the shelf, never reaching the market—the so-called “valley of death”.

How America’s top universities are doing it

Universities are amping up efforts to educate PhD students about how to better capitalize on a doctoral degree. At Lehigh University, we have conducted a competitive analysis of what other higher education institutions, particularly those highly regarded for entrepreneurial activity, are doing to engage PhD students in entrepreneurial courses and programs. Among the schools we studied were Harvard, Stanford, MIT, Princeton, Dartmouth, and UC Berkeley. Overall, our analysis identified a need—and opportunity—to transform PhD education.

More particularly, we found that although most of these top-tier universities offer entrepreneurship education for graduate and undergraduate students alike, few target PhD students. We also learned that because most of the graduate courses in entrepreneurship originate in business or engineering schools, few are truly interdisciplinary. We also found that PhD students are more likely to participate in entrepreneurial activity if they have faculty advisors who are themselves entrepreneurs or at least entrepreneurial-minded.

Stanford University particularly stands out as an exemplary entrepreneurial environment for students. It benefits from education-industry partnerships that provide access to the most innovative companies in Silicon Valley. UC Berkeley distinguishes itself, too, for its emphasis on interdisciplinary entrepreneurial development and close collaboration with nearby startup incubators.

Dartmouth College pioneered the first engineering   PhD innovation program  that provides entrepreneurial training to turn research discoveries into market solutions. The PhD fellows take additional coursework in business, innovation, and entrepreneurship, and spend up to six months at an industry internship. 

Entrepreneurship education should be democratized. Other universities should follow the examples set by the top-tiers. All students—even those on a budget—should have access to the equivalent of an Ivy League experience.

Our university is taking a step in this new direction, to better expose our PhD students to entrepreneurial experiences and career pathways. Last fall, we introduced a hands-on, real-world, interdisciplinary course on entrepreneurship for PhD students. Built on a model designed by the National Science Foundation, the course is offered for credit and available to graduate students across disciplines through Lehigh@NasdaqCenter, partnering with the P.C. Rossin College of Engineering and Lehigh’s Office of Technology Transfer. 

It’s time for doctorates to get down to business. More PhDs should treat the ideas that emerge from scholarship as entrepreneurial opportunities. But first, they must know how to harness all that valuable education in the service of both our society and our economy.

More must-read commentary published by  Fortune :

• Booz Allen Hamilton CEO : America needs a whole-of-nation approach in its great power competition with China
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• Best Online M.B.A. Accelerated Programs

Best Online M.B.A. Accelerated Programs Of 2024

Published: Jun 11, 2024, 12:03pm

Whether you’re looking to advance your role or switch industries altogether, an M.B.A. can be a game-changer for your career. If you don’t have the time to pursue a traditional M.B.A., good news: Accelerated programs are available.

Online learning works well for busy professionals, allowing them to balance their studies with work, family and other obligations. Thanks to the flexible format of an accelerated online M.B.A., you can earn your degree without a career pause, often in less than a year. But with so many online M.B.A.s available, choosing the right one can be overwhelming.

We’ve ranked the top 10 accelerated M.B.A. programs online, complete with tips for finding the perfect fit. Read on to learn more.

Why You Can Trust Forbes Advisor Education

Forbes Advisor’s education editors are committed to producing unbiased rankings and informative articles covering online colleges, tech bootcamps and career paths. Our ranking methodologies use data from the National Center for Education Statistics , education providers, and reputable educational and professional organizations. An advisory board of educators and other subject matter experts reviews and verifies our content to bring you trustworthy, up-to-date information. Advertisers do not influence our rankings or editorial content.

• 6,290 accredited, nonprofit colleges and universities analyzed nationwide
• 52 reputable tech bootcamp providers evaluated for our rankings
• All content is fact-checked and updated on an annual basis
• Rankings undergo five rounds of fact-checking
• Only 7.12% of all colleges, universities and bootcamp providers we consider are awarded

Our Methodology

We ranked 385 accredited, nonprofit colleges offering online, accelerated M.B.A. degree programs in the U.S. using 15 data points in the categories of credibility, affordability, student outcomes, student experience and application process.

We pulled data for these categories from reliable resources such as the Integrated Postsecondary Education Data System ; private, third-party data sources; and individual school and program websites. Data is accurate as of February 2024.

We scored schools based on the following metrics:

Student Outcomes:

• Overall graduation rate
• Median earnings 10 years after graduation

Affordability:

• In-state graduate student tuition and fees
• Alternative tuition plans offered
• Median federal student loan debt
• Student loan default rate

Student Experience:

• Student-to-faculty ratio
• Socioeconomic diversity
• Availability of online coursework
• Total number of graduate assistants
• Portion of graduate students enrolled in at least some distance education

Credibility:

• Fully accredited
• Programmatic accreditation status
• Nonprofit status

Application Process:

• Acceptance rate

We chose the 10 best schools to display based on those receiving a curved final score of 95% or higher.

Find our full list of methodologies here .

• Best Online Accounting Degrees
• Best MBA In Finance Online
• Best Online Finance Degrees
• Best Online Master’s In Accounting Degrees
• Best Online Master’s In Finance

Degree Finder

Key takeaways, should you enroll in an online accelerated m.b.a. program, accreditation for online accelerated m.b.a., how to find the right online accelerated m.b.a. for you, frequently asked questions (faqs) about online accelerated m.b.a. programs.

• You can complete an accelerated online M.B.A. in as little as one year.
• Over 53% of graduate students took at least one distance education course in 2022, according to the National Center for Education Statistics.
• M.B.A. concentrations vary widely, from AI management to healthcare administration.
• Prioritize programmatically accredited M.B.A.s to ensure you receive a quality education.

Best Online Accelerated M.B.A. Degree Options

University of florida, touro university worldwide, eastern new mexico university-main campus.

• Texas A & M International University

North Carolina State University at Raleigh

Gwynedd mercy university, spring arbor university, trine university, olivet nazarene university, saint joseph’s college of maine, featured online schools.

Learn about start dates, transferring credits, availability of financial credit and much more by clicking 'Visit Site'

Program Tuition Rate

$1,500/credit (in-state)

Percentage of Grad Students Enrolled in Distance Education

Overall Graduation Rate

The University of Florida ‘s Warrington College of Business is located in Gainesville and offers a 32-credit accelerated M.B.A. Students can complete the AACSB-accredited program in 16 months. It is designed for individuals who have earned their business undergraduate degree within the last seven years. Two years of post-baccalaureate professional experience is required for enrollment.

The average GPA of accepted students is 3.3, and the average GMAT score is 600. Applicants should exhibit substantial career advancement and potential, such as experience in managerial or international roles.

• Our Flexibility Rating: Learn around your 9-to-5
• School Type: Public
• Application Fee: $30
• Degree Credit Requirements: 32 credits
• Program Enrollment Options: Accelerated
• Example Major-Specific Courses: Entrepreneurship and venture finance, global strategic management
• Concentrations Available: N/A
• In-Person Requirements: Yes, on-campus orientation required

$500/credit (in-state)

Founded in 1971 in New York City, Touro University Worldwide is the largest nonprofit higher education institution under Jewish auspices in America. Its online Master of Business Administration is geared toward full-time professionals. Coursework includes 27 core and nine elective credits. There is no application fee, and GRE or GMAT scores are not required.

The ACBSP-accredited program has six start dates and 11 concentrations, including artificial intelligence (AI) management, cybersecurity management and nonprofit management. The curriculum emphasizes business skills like communication, cross-cultural management, business ethics and strategic planning. Students can earn their M.B.A. in one year of full-time study or one and a half years of part-time study.

• Our Flexibility Rating: Learn on your schedule
• School Type: Private
• Application Fee: None
• Degree Credit Requirements: 36
• Program Enrollment Options: Part time, full time
• Example Major-Specific Courses: Professional communications, managing organizational behavior
• Concentrations Available: AI management, cybersecurity management, finance, global management, health administration management, human resources management, IT management, marketing, nonprofit management, physicians and healthcare executives
• In-Person Requirements: No

$310/credit (in-state)

Eastern New Mexico University ‘s main campus is located in Portales, New Mexico. The school offers a 100% online, ACBSP-accredited M.B.A. program for working professionals. Students can start during any semester and earn their degree in as little as 12 months.

Program admission requires a minimum undergraduate GPA of 3.0 and a GMAT score of 450. The program combines undergraduate standard professional courses and core courses with skill competency. While the general online M.B.A. consists of 30 credits, students specializing in accounting or finance must complete nine additional credits.

• Application Fee: Free
• Degree Credit Requirements: 30 credits
• Program Enrollment Options: Part-time, full-time
• Example Major-Specific Courses: Managerial economics, leading human resources
• Concentrations Available: Accounting, finance

Texas A&M International University

$367/credit (in-state)

Located near Mexico in Laredo, Texas A&M International University (TAMIU) is home to a multicultural student community. The A.R. Sanchez, Jr. School of Business offers five online M.B.A. programs. They include criminal justice, healthcare administration, international banking and finance, international business, international trade and logistics, and management.

Coursework is delivered in a 100% online format designed with working professionals in mind. Each concentration consists of 21 core and nine program-specific credits. There are six start dates per year, and students can complete their M.B.A. in as little as 12 months.

• Application Fee: $35
• Program Enrollment Options: Accelerated, part-time
• Example Major-Specific Courses: Business research methods, managerial economics
• Concentrations Available: Criminal justice, healthcare administration, international banking and finance

$1,432/credit (in-state)

Located in Raleigh, North Carolina State Univiersity ’s Poole College of Management offers a flexible online M.B.A. program geared toward working professionals. Students can create a plan of study that aligns with their work and family obligations, completing the program in as little as 21 months if they choose the accelerated track. Learners must complete the program within six years and maintain continuous enrollment requirements.

Taught by award-winning faculty from the Jenkins Graduate School of Management, the AACSB-accredited program requires two years of post-graduate employment. Students must complete two three-day leadership residencies on NC State’s main campus. Core courses include finance and markets, analyzing the value chain and managing the organization.

• Application Fee: $75
• Degree Credit Requirements: 40 credits
• Program Enrollment Options: Accelerated, part-time, full-time
• Example Major-Specific Courses: Financial management of corporations, marketing management and strategy
• In-Person Requirements: Yes, two three-day residencies

$750/credit (in-state)

A private Catholic institution near Philadelphia, Pennsylvania, Gwynedd Mercy University was founded in 1948 by the Sisters of Mercy of Merion. The school offers two online, accelerated M.B.A. programs: healthcare administration and strategic management. Each 30-credit program shares seven foundational courses and has three program-specific courses.

The M.B.A. in healthcare administration is geared toward hospital, pharmaceutical and leadership professionals. The M.B.A. in strategic management prepares professionals for executive-track careers. Three stackable M.B.A. certificates (strategic management, healthcare administration and leadership) can be applied toward the M.B.A. degree.

• Application Fee: N/A
• Example Major-Specific Courses: Strategic management, marketing planning
• Concentrations Available: Healthcare administration, strategic management and leadership

$766/credit (in-state)

Founded in 1873, Spring Arbor University is a private Christian school in Michigan. The Higher Learning Commission accredits the school. Spring Arbor’s online M.B.A. program offers seven concentration areas, each comprising 20 core and 12 elective credits. Concentrations include management, organizational consulting, cybersecurity and data.

To enroll, students must have a bachelor’s degree with an overall 3.0 GPA. They can complete the accelerated program in 12 months or the part-time program in 16 months. While there are no in-person program requirements, students can participate in an International Business Summit trip to New York City for networking opportunities.

• Example Major-Specific Courses: Leadership in business, statistics for business managers
• Concentrations Available: Healthcare administration, human resource development, executive leadership, management

$575/credit (in-state)

Trine University is a private institution located in Angola, Indiana. Its online M.B.A. serves working professionals looking to advance their business skillset and marketability. Three areas of specialization are available: human resource management, management and marketing. Students can also design a specialization.

Courses are asynchronous so students can manage their schedules. The coursework comprises 21 core credits covering business strategy, market development, management and decision-making. Students also complete nine specialization-specific credits. Graduates are equipped to further their careers or continue their education to earn a Ph.D.

• Example Major-Specific Courses: Executive communication, corporate finance
• Concentrations Available: Accounting, analytics, finance, management, human resource management, marketing

$415/credit (in-state)

Olivet Nazarene University is an HLC-accredited, private Christian institution in Bourbonnais, Illinois. It offers a flexible online M.B.A. program for working professionals and parents. Specializations, available as add-on certificates, include leadership, healthcare leadership, corporate communications, intercultural competence and nonprofit management.

Students can earn their M.B.A. in 12, 18 or 24 months. The coursework consists of 27 core and nine elective credits. The curriculum covers communication in the digital workplace, ethics and crisis management, planning and control of business organizations, evaluation and decision-making, financial analysis, capital structure and leadership strategies. Courses start every eight weeks.

• Degree Credit Requirements: 36 credits
• Example Major-Specific Courses: Professional communication, managerial accounting
• Concentrations Available: Leadership, healthcare leadership, corporate communications, intercultural competence, nonprofit management

$463/credit (in-state)

Saint Joseph’s College of Maine is a private Catholic institution founded in 1912 by the Sisters of Mercy. It offers a leadership-focused, online M.B.A. for recent graduates and beginning or senior-level professionals. The program is flexible and entirely online, with five start dates each year.

The coursework includes 27 core credits, six elective credits and three capstone credits. The curriculum covers fundamental business topics and leadership skills, focusing on communication and problem-solving skills. Business electives include human resources, accounting, health sector, quality, marketing and leadership. Full-time students can complete the program in 15 months.

• Example Major-Specific Courses: Leadership and lifelong learning, systems thinking
• Concentrations Available: Human resources, accounting, health sector, quality, marketing, leadership

Online college is a popular option for many learners. According to the National Center for Education Statistics (NCES), 53.5% of graduate students took at least some distance education courses in 2022. But while online degree programs are popular, this learning format may not suit everyone.

Consider the following factors before deciding whether online college is right for you :

Accreditation

Is your online M.B.A. program accredited ? Accreditation, granted by independent organizations, signifies that an educational institution or specific program has met stringent criteria to deliver high-quality education. This accreditation serves as a testament to the excellence and credibility of a program, regardless of the mode of delivery (traditional or online). We’ll dive into accreditation in more detail later.

Are you a busy professional with work and family commitments? Many online M.B.A. programs offer access to course materials at your convenience, including lectures, discussion forums, quizzes and exams. However, a traditional M.B.A. may be a viable option if you have freedom with your schedule and can devote more time to your degree.

Learning Style

An online M.B.A. program offers a flexible learning environment that allows you to work at your own pace, on your schedule. That way, you can fit your coursework around other obligations. Time management skills, motivation and self-discipline are crucial to success in an online program, so a traditional M.B.A. degree may be a better choice if you struggle with these elements.

Because there are no transportation, housing or campus fees, Online M.B.A.s often cost less than traditional M.B.A.s. Even so, tuition can vary widely by program. Before you enroll, carefully research the costs to determine the right program for your budget and financial goals

Before enrolling in an online M.B.A. program, ensure the college is accredited . Accreditation provides quality assurance for your university and M.B.A. program.

Institutional Accreditation

Institutional accreditation results from a thorough assessment of an educational institution’s academic programs, curriculum design, student resources and faculty qualifications. Institutional accreditation ensures an institution meets high-caliber education standards. It’s also required for federal student aid eligibility, credit transfers, and many jobs and professional credentials.

Institutional accreditation is overseen by nonprofit accrediting bodies, which must receive approval from the U.S. Department of Education or the Council for Higher Education Accreditation (CHEA). To find accredited schools, check CHEA’s online institution directories .

Programmatic Accreditation

Programmatic accreditation applies to specific departments and degree programs. This subject-specific accreditation process validates that curriculum content, faculty qualifications, student learning outcomes and resources meet or exceed industry standards.

Here are a few of the agencies that accredit M.B.A. programs the U.S.:

• Accreditation Council for Business Schools and Programs (ACBSP)
• International Accreditation Council for Business Education (IACBE)
• Association to Advance Collegiate Schools of Business (AACSB)

Note that AACSB is not approved by CHEA, but the business industry still recognizes this organization as a reputable accreditor.

If decision-making has you feeling stuck, let’s kickstart the process of choosing an online M.B.A. program that suits your needs.

Consider Your Future Goals

What are your long-term professional aspirations? Are you interested in a role in healthcare administration , or do you wish to pursue a career in cybersecurity ? Different M.B.A. programs offer various focus areas, so pick a program with relevant courses.

If you’re relatively new to the workforce, you may consider an M.B.A. program geared toward entry-level students rather than one requiring work experience, such as an executive M.B.A . A part-time program that allows you flexibility may be better than an accelerated program if you’re juggling multiple responsibilities.

Understand Your Expenses and Financing Options

Tuition for the online M.B.A.s included this guide averages $708 per credit. The programs we listed require 30 to 40 credits, placing the total tuition cost of a top-ranked, accelerated M.B.A. online between $21,240 and $28,380.

The average graduate program at a public university costs $12,596 in tuition and fees yearly, whereas private school grad programs cost about $28,017, according to 2021–22 data reported by the National Center for Education Statistics . At that rate, the cost of completing a two-year M.B.A. program would total approximately $25,000 at a public college or $56,000 at a private university. Comparatively, the programs ranked in our guide are generally less expensive.

You must submit the FAFSA ® to determine your eligibility for federal student aid options, such as scholarships, grants and loans. For additional financing options, check with your school to see if it offers scholarships or work-study programs. Your employer may also provide tuition assistance.

How fast can I get an M.B.A. online?

You can earn an online M.B.A. in 12 months or less if you choose an accelerated program.

Is an online M.B.A. taken seriously?

Yes. Online M.B.A.s from accredited colleges and universities like the ones listed in this guide are just as credible as traditional M.B.A.s.

Is an executive M.B.A. the same as an M.B.A.?

Not exactly. Both degrees provide a solid foundation in business principles, but they have a few key differences. A traditional M.B.A. is appropriate for recent graduates or working professionals. On the other hand, an E.M.B.A. is specifically geared toward professionals in leadership roles with around 10 to 15 years of experience.

Heidi Borst is a freelance journalist, healthcare content writer and certified nutrition coach with a love of all things health and wellness. Her work has appeared in The New York Times, The Washington Post, National Geographic, Good Housekeeping, MSN, Yahoo and more. Based in Wilmington, North Carolina, Borst is a lifelong runner and general fitness enthusiast who is passionate about the physical and mental benefits of sleep and self-care.

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Gmat vs gre: which should you choose.

GMAT vs GRE | Most MBA students at Harvard Business School take the GMAT ©HBS-Facebook

What’s the difference between the GRE and the GMAT? Which should you take? How much does the GMAT vs GRE cost? Find out in our comprehensive guide

Wed May 1 2024

But what is the difference between the GRE and the GMAT? Which test is better for MBA candidates? And is the GRE easier than the GMAT?

The GMAT Exam , owned and administrated by the Graduate Management Admission Council (GMAC), is designed specifically for business school candidates and is the most widely used exam for MBA admissions. More than 200,000 MBA and master’s candidates take the GMAT each year.

The Graduate Record Examinations (GRE) General Test, by the Educational Testing Service (ETS), can be used to apply to a variety of graduate degree programs, including business and law. The GRE General Test is available at more than 1,000 test centers in more than 160 countries.

Both the GMAT and the ETS GRE help business schools assess your suitability for MBA and master’s programs but do so in different ways.

In this BusinessBecause special feature, we give you a comprehensive breakdown of the differences between the GMAT and GRE, covering exam structure, cost, test prep, and more.

Read on or skip to your section of interest by clicking the links below:

Exam Structure

Online Testing

Gmat vs gre prep, gmat vs gre for your mba.

Which is easier GMAT or GRE?

GMAT vs GRE: Exam Structure

The GMAT is two hours, 15 minutes long, and you can take advantage of one optional 10-minute break.

The GRE General Test is one hour, 58 minutes in length. There is no break provided. 

In terms of the exam structure, the two tests differ, with the GMAT comprising three sections while the GRE test has five. Below is a breakdown of the two test structures. 

GMAT structure

The GMAT Quantitative Reasoning section tests your ability to solve mathematical problems. You have to demonstrate your knowledge of arithmetic and algebra, though advanced math skills are not required.

GMAT Verbal Reasoning  tests how you read and understand written material and evaluate arguments given in a passage.

GMAT Data Insights evaluates your data and information analysis skills across multiple formats. You have to demonstrate the ability to integrate data to solve complex problems. 

You can choose to take the GMAT in any order you want. All three sections are computer-adaptive, meaning the test tailors the difficulty of each question based on your previous answers. 

The first question will be medium difficulty, but from then on, the computer will score your answer and select the next question according to your scores. 

At the end of each section, you can take advantage of the Question Review & Edit feature to review as many questions as you want and change up to three answers per question. 

GRE structure

The GRE  Analytical Writing section tests your critical thinking skills. You’re presented with an issue to analyze and asked to present your own analysis.

The two GRE  Verbal Reasoning sections test your ability to analyze writing and understand the meaning of a text. You read passages and summarize the meaning of sections, sentences, and phrases. Words are omitted from passages and you have to make replacement suggestions that maintain the coherence of the sentence.  

The two GRE  Quantitative Reasoning sections consist of either independent, standalone questions or questions about a specific dataset, designed to test your ability to analyze quantitative information using arithmetic, geometry, algebra, and data analysis.

Calculators?

You are not allowed to use your own calculator for the GMAT or GRE math questions. You can however use a calculator provided to you throughout the GRE test.

For the GMAT, a calculator is provided for use during the Data Insights section only. For the GMAT Quantitative Reasoning section, you are provided with note boards and markers to work out your calculations.

GMAT vs GRE Scoring

GMAT test-takers receive an overall score between 205 (the lowest possible score) and 805 (the highest possible score). 

Your GMAT score is based on your scores for all three sections of the exam. These are graded between 60 and 90.

GRE test takers come away with three different scores, one for each section of the exam. Verbal reasoning and quantitative reasoning sections are scored between 130 and 170, in 1-point increments. The analytical writing score is scored between 0 and 6, in 0.5-point increments. 

The highest GRE score you can achieve is 340 for verbal and quant combined and 6 for analytical writing.

After your test, you also receive information about what percentile your score falls into, comparing your performance with recent test takers. If you fall in the 99th percentile on the GMAT, for example, you’ve typically performed better than 99% of test takers. GMAT and GRE percentiles data is recalculated each year using data from the previous three years. 

Both GMAT and GRE scores are valid for five years. You’ll receive your official GRE score about eight to 10 days after your test date.

You'll receive your official GMAT score within three to five days although you can view your unofficial score immediately after finishing the exam. 

What is a good GMAT or GRE score?

Getting what the top business schools regard as a good GMAT score takes practice.

When deciding what GMAT score to aim for, it’s worth assessing the class average score and GMAT score range for your target schools.

Class average GMAT scores for the top MBA programs tend to be in the 86th percentile or higher, although scores submitted by accepted MBA students tend to range from around 44th to 99th percentiles. 

This means a wide range of candidates with a GMAT score are often accepted into the same MBA class. 

You should take the same approach with the GRE. For the Harvard MBA, for example, the median GRE score for both quant and verbal is 163.

Test-takers globally record average GRE scores of 150.37 on verbal reasoning, 153.39 on quantitative reasoning, and 3.58 on analytical writing. 

GMAT vs GRE Cost

When delivered at a test center in the United States and Canada the GMAT costs $275. 

The cost of the GMAT varies depending on your test location and local currency. The GMAT costs €275 in mainland Europe. In the UK, the GMAT costs £250. In India, the GMAT costs $275. You pay additional fees for rescheduling. 

The GMAT delivered online costs $300 worldwide. 

The GRE exam is priced slightly lower at $220 for most regions, including the US and Canada. The GRE is the same price whether you take the test in a test center or online. 

You can take both the GMAT  and GRE online from your home.  The GMAT  delivered online  is available globally, excluding Mainland China, Iran, Cuba, Sudan, and North Korea. The GRE online test, the GRE General Test at Home, is available in the same locations as the GRE General Test. 

For both tests, a human proctor monitors you via a live video feed for the duration of the exam to ensure you can’t cheat. You can take the tests on a PC or Mac.

Some schools require you to take the test in person. Before you book, it's worth checking whether your target schools accept the online test. 

Read:  GMAT Online Exam: Everything You Need To Know

©fizkes

The GMAT  and GRE online tests are   identical to the test center versions in terms of exam structure and score scales.  

The GRE at Home test is identical to the test center GRE, with the same section order and on-screen experience.  

Taking the GMAT or GRE online gives you added flexibility if you don’t live close to a test center or simply prefer to sit an exam from the comfort of your home.

Whichever test you decide to take, preparing for the GMAT or GRE can be a stressful experience. Luckily, there are plenty of test prep resources out there, and the more practice questions you complete the more confident you will feel on the day.

When starting your GMAT test prep, take advantage of the prep resources offered by GMAC. The annual GMAT Official Guide is the most comprehensive GMAT prep book around. 

The GMAT Official Guide is also the only GMAT test prep guide that uses real questions. The guide is updated each year and includes an Online Diagnostic Evaluation that allows you to assess your strengths and weaknesses for a more strategic approach to prep.

If you want to focus on one particular area, GMAT prep books focused on each section of the GMAT exam are available from GMAC and test prep experts like Manhattan Prep.

For additional support, you could consider a GMAT  prep course, get tips from GMAT prep experts, or get advice from MBA students who aced it or another standardized test.

The best GMAT prep strategies also include at least one full GMAT practice test. Taking a mock GMAT test will help you understand how you perform under pressure and give you a chance to practice your timing strategy.

You should follow a similar strategy for GRE test prep: identifying and working on your weak points, learning core concepts, and answering as many GRE practice questions as you can.

You can find plenty of free GRE sample questions online, and once you’ve established your strengths and weaknesses it could be worth investing in a GRE prep course tailored to your needs. There are plenty of affordable prep courses on the market, from providers like Magoosh.

If you want to learn from the people who created the GRE, an ETS GRE practice test is your best bet. ETS regularly updates its Official Guide to the GRE General Test, which includes four real practice tests along with online mock exams and hundreds of GRE sample questions.

Should you take the GMAT or GRE for your MBA application? Does it matter?

While the GMAT was a preferred option in the past, almost all business schools now accept both the GMAT and the GRE, and most MBA admissions directors we’ve spoken to don’t favor one test over the other. Master in Management and Master in Finance programs don’t specify a GMAT vs GRE preference either.

There are also more practical considerations that may impact your choice. Sameer Kamat, admissions consultant and founder of MBA Crystal Ball, says top MBA employers in banking and consulting—including the Big Three consulting firms —assess GMAT scores when recruiting. Taking the GMAT helps you stand out to recruiters, he says.

Cara Skikne, from Absolute Admissions, says some MBA scholarships and fellowships are based on GMAT scores. “A good GMAT score could mean paying less for business school,” she explains.

Ultimately, you need to consider your own strengths and where your competitive advantage lies. “In my experience, it is easier to switch from the GMAT to the GRE than the other way around, so the GMAT might be a better starting point if you are undecided on which test to take,” says Cara.

If you’re still not sure if a business school degree is for you, however, the GRE does give you the flexibility to apply to a wide range of master’s programs as well as an MBA.

Which is easier—GMAT or GRE?

What you might find easy may be difficult for someone else, depending on their previous experience, educational background, and skills.

So, the question of whether the GMAT or GRE is easier doesn’t have a simple answer. Both the GMAT and the GRE are computer-adaptive tests, meaning that as you answer questions, they become harder or easier based on if you get the questions right or wrong.

For the GMAT , there’s  no  essay required ,   you can choose your section order,  and  you can skip questions and come back to them (within a section).  You also have 25% more time per question on the GMAT over the GRE .  

Cara, from Absolute Admissions, says when asking yourself ‘Which is easier GMAT or GRE?’, you should consider the differences between the GMAT and GRE and whether one test suits you best.

“People say the GMAT is harder on the quant side and easier on the verbal side than the GRE but I don’t think that’s always true. If a student is good at logic, the focus on logic in the GMAT’s quantitative section could be an advantage,” Cara explains.

“The GRE Verbal side is also considered harder due to the amount and obscurity of the vocabulary. But vocabulary is easier to study than some of the GMAT Verbal content which requires a deeper understanding.”

Sameer, from MBA Crystal Ball, says candidates’ educational and professional backgrounds tend to influence their choice of test. “Candidates with engineering backgrounds generally find the GMAT to be easier, while those from liberal arts backgrounds prefer the GRE,” he says. 

Standardized tests are all about competitive advantage as you’re scored in relation to other test takers, Cara notes. She’s noticed test takers who take the GMAT and the GRE record similar equivalent scores across both tests.

Ultimately, you should consider which test is easier or harder in relation to your own abilities and ensure you make an informed decision on which admission test, GMAT or GRE, is right for you.

Considering an MBA? 

Read our MBA Application Guide    

*BusinessBecause is owned by GMAC. This article is intended as an objective guide, comparing the tangible differences between the GMAT and the GRE. Test-takers should make their own decision on which test to pursue. This article was first published in February 2022 and updated with new information about the GMAT in April 2024.

Tuesday 5th October 2021, 15.52 (UTC)

Thank you, You cleared my confusion.

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MBA in USA for Indian Students 2024: Fees, Requirements, Universities

Pursuing an MBA in USA is a dream for many Indian students. MBA in USA 2024 is recognised globally for its wide range of specialisations, quality of education, industry connections, and job opportunities. Moreover, most of the MBA colleges in USA for Indian students are ranked among the top 100 MBA colleges in the world by QS and THE.

MBA in USA 2024: Highlights

Benefits of studying mba in usa, top mba universities in usa 2024, mba admission requirements in usa, documents required for mba admission in usa, can i study mba in usa without gmat, mba intakes in usa, cost of mba in usa, affordable mba colleges in usa, scholarships for mba in usa 2024, work permit after mba in usa, career prospects after mba in usa.

Indian students can study at some of the top business schools in USA , including Harvard , Stanford, Wharton, and MIT Sloan. These schools are known for their excellent teaching, cutting-edge research, and strong connections with industry leaders. These universities provide students with case studies, internships, and hands-on projects that help help them to learn in practical settings.

Study MBA in USA offers a wide range of career opportunities for international students. The average MBA salary in USA is around Rs. 50,00,000 per year. The average MBA in USA cost is around Rs. 40 to Rs. 60 lakhs for Indian students. Additionally, students require approximately Rs. 1,67,000 per month to manage their cost of living in USA . In addition to this, many government and non-government organisations offer various scholarships and grants for Indian and international students to manage their finances in USA.

Shortlist best ranked universities & get expert guidance

Want to study in Ireland? Explore Universities & Courses

The United States provides MBA degrees in a variety of specialisations, including Marketing, Finance, International Business, Entrepreneurship, and others. Students who want to study MBA in the United States must obtain a bachelor's degree from an accredited university and have a strong academic background.

The qualification of GMAT or GRE is a mandatory requirement to study MBA in USA for Indian students. International students with a non-native English background must provide a valid score in TOEFL or IELTS to demonstrate English language proficiency. Read the complete article to learn more about MBA in UK, benefits of studying in USA for international students, academic requirements, fees and more.

The United States is well-known for its universities, excellent quality of education, student life, and employability. An MBA from the United States is widely acknowledged throughout the world. There are several benefits of MBA in USA, some of them are listed below:

The United States is known for the world's greatest MBA schools, including MIT, Harvard, Yale, Stanford, and Penn.

US colleges and universities offer a friendly environment with a diverse student population.

MBA graduates from the US are sought after by the top global recruiters.

Several colleges in the United States offer online MBA programmes, allowing students to study from the convenience of their own homes. Also, an online MBA is less expensive than a full-time MBA. Some of the colleges providing online MBA degrees are the University of Southern California, the University of North Carolina, Indiana University, and others.

Manipal University Online MBA

Apply for Online MBA from Manipal University

Also Read: Benefits of studying in USA for Indian Students

Top universities in USA that offer MBA programmes for Indian students are ranked on a variety of factors including infrastructure, quality of education, campus life, employability, and more. According to QS 2024 Global MBA Rankings, Stanford Graduate School of Business offers the best full-time MBA programme in both the United States and all over the world.

There are 118 US schools that are among the top MBA options for students planning to study in the US. A list of the best MBA colleges in USA for Indian students is mentioned below.

Top 10 MBA universities in USA

All Indian students seeking admission to MBA in USA are required to fulfil the admission requirements set by the universities. However, some of the general eligibility requirements, that one must meet to be considered at US universities are mentioned below.

Candidates are required to have a bachelor's degree from a recognised Indian university.

Most US universities require a minimum GPA requirement of 3.0 or more on a scale of 4.0 to be considered eligible for admission to MBA in USA for international students.

All Indian students must provide a valid score in the GMAT / GRE.

International students, including those from India, whose first language is not English, must submit proof of English language proficiency, and hence, a minimum score of 6.0 in IELTS and 80 or more on the TOEFL exam is required.

Some US universities might require work experience for admission to their MBA programmes.

Indian students are required to submit the following documents for admission to MBA programmes in US universities:

A valid bachelor’s degree and certification

Official academic transcripts

English proficiency scores ( PTE / IELTS/ Duolingo English Test )

Letter of recommendation

Statement of purpose

Proof of funds

GMAT scores (if applicable)

USA student visa

It is not mandatory to have a GMAT score, as numerous US universities have removed the GMAT requirement for international students, provided that applicants have excellent academic records and strong professional experience. Here are a few universities that offer an MBA in USA with no GMAT requirement:

MBA in USA without GMAT 2024

Read more: Top business schools in the United States

US universities and colleges offer 3 admission cycles, just like in India. The three intakes available in the US are listed below:

Fall: Admission intake for Indian students starts in August.

Spring: MBA intakes in USA start in January for Indian students.

Summer: Summer intakes in USA are available for limited courses, and it usually starts around May.

Read more: Admission Intakes in USA

The average cost of an MBA in the United States includes both MBA fees and living expenses. The average monthly cost of living in the United States is around Rs. 1,67,000 for Indian students. The cost of living in the United States is approximately 234.2 % higher than that in India. The average cost for the best universities in USA for Indian students is between Rs. 40 and 60 lakhs for an MBA programme. Indian students must carefully plan their budgets before applying to MBA programmes in the United States.

Several universities in USA offer MBA at lower tuition fees. Indian students who wish to study in USA at a lower cost of tuition can apply for the cheapest MBA colleges in USA. Some of the affordable MBA Universities in USA along with their tuition fees are mentioned below.

Cheapest MBA Colleges in USA 2024

Read More: Cheapest Universities in USA

Top universities provide scholarships, bursaries, and other financial aid to help students manage their finances. MBA Scholarships in USA are provided based on academic merit and financial need of students, provided that the applicant meets the requirements set by the university. Scholarships for MBA in USA for Indian students offered by some top universities are mentioned below.

MBA Scholarships in USA

Also read: Scholarships in USA

After the completion of an MBA in USA, numerous students look for job opportunities and plan to stay back in the country. Due to its growing economy, work opportunities, learning environment, and top-notch quality of education in the fields of Finance, Business, and others, the USA is a popular choice for Indian students planning to study abroad.

To get a work permit in USA, international students are required to apply for work after study visa in USA . There are three categories of post-study employment visas in the United States: F-1, J exchange, and M student visas. International students can stay and work in the United States for up to three years after completing their MBA, subject to visa limitations.

Top MBA recruiters in USA are McKinsey & Company, Microsoft, Goldman Sachs, JPMorgan Chase, Bain & Company, Amazon, Apple, Google, Boston Consulting Group and Bank of America. Indian students who have completed their MBA in USA can explore career opportunities in various industries, some of which are mentioned below:

Job Opportunities After MBA in USA

Frequently Asked Question (FAQs)

USA is one of the expensive countries that offer MBA for international students. The MBA in USA cost for Indian students is approximately Rs. 40 to Rs. 60 lakhs. Apart from these, students must bear the cost of living which is around Rs. 1,67,000 for students from India. However, with students low on budget can explore affordable MBA colleges in USA or can apply for online MBA programmes. Some US universities also provide scholarships and grants to reduce the education cost.

Candidates with a bachelors degree from an accredited university are eligible to apply for MBA in USA. A valid score in GMAT or GRE is an essential requirement for admission to MBA programmes in the US universities. All international students whose first language is not English, including Indian students, have a minimum score of 6 on IELTS and 80 on the TOEFL exam.

Yes, the USA MBA is valid in India. MBA degrees in USA are accredited and recognised by several Indian employers. Candidates must check the university’s recognition and accreditation before applying. 

Yes, getting an MBA from the USA is worth it. MBA in USA provides students with a wide range of career prospects, and international exposure, and is recognised worldwide. Also, an MBA in USA is worth it for Indian students due to their high quality of education and dynamic job markets.

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Questions related to

Yes you can try to learn various courses that are for approximately 3 months to 6 months in duration.

Yes you can learn before going to us. Learning skills definitively adds some value to the life of a candidate and also improves in getting good recognition in life..

Below i have mentioned some courses  that you can try before visiting us:

• Social media marketing
• Content writer
• Content creation
• Video editing
• Photography skills
• Digital marketing
• Makeup artist course
• Hairstyling course.

So these are some courses you can try.

Hope this answer will help you. Revert incase of any query.

Thank you and good luck:)

Hello Samarasimha,

YES, you can MS in UA after completing Bsc in Statistics. . All you have to do is score good marks in your PG and prepare for GRE. You should also decide upon the country and the university in which you are going to study.

Furthermore, the requirements to pursue MS in USA are as follows :

• 3 to 4 years bachelors degree in relevant field.
• 3.5 or higher GPA, equivalent to 87% in bachelors.
• GRE score of 330 or above.
• Statement of Purpose.
• Research Internships/ Published Research Papers.
• Project work/Seminars.
• 2-3 Letter of Recommendation.
• Social & Leadership Activities.

Further, requirements for Software jobs in USA are as follows :

• Enroll in a software development program. The first step to becoming a software engineer is to enroll in a software development degree program. ...
• Gain internship experience. ...
• Choose your specialty. ...
• Pursue industry certifications. ...
• Continue your education.

I hope that this will help.

Dear aspirant hope you are doing well..

To study at foreign universities/abroad in U. S , the admission process will require the candidate to give one language exam and one standardized exam. However, depending on the country, course, college, or university you are applying for you may be exempted from standardized exams. The language test will showcase your English proficiency skills. These exams are required for pursuing almost all courses abroad. Different countries have different language exams such as

• TOEFL exam for getting admission to the universities in the US and Canada. The score of this exam is valid for two years after the declaration of results
• There are plenty of universities abroad where you can apply to do master-level course, MSc in statistics, MSc in Operation Research, and Applied Mathematics, MSc in Mathematical Modeling, etc are some of the Master level Course in Mathematics that are available abroad. Students who have completed their graduation or bachelor's degree in Mathematics can apply for these courses. Foreign universities like Uppsala University, Dublin City University, Oxford Brookes University, University of York, University of Liverpool, etc offer all the above-mentioned courses in mathematics.

Top university of The USA for master degree courses

• John Carroll University
• Missouri University of Science and Technology
• Michigan State University
• West Virginia University
• Rhode Island College
• University of Arkansas
• Vanderbilt University
• DePaul University
• Delaware State University
• Texas A&M University-Commerce
• University of South Florida
• California State University Northridge

You can get the detailed information about the process how to apply for MS in USA. read the given article. Link is given below

https://studyabroad.careers360.com/articles/how-apply-for-ms-in-usa/amp

Hope it's helpful for you..

There are many ways to choose your university such as fees, the ranking of the university, which state it is located and scholarships. My suggestion is to choose your research focus and write academic papers. In the US, PhD in Commerce admission into the university depends on what you want to study (your area of research) and your already completed research papers. You can begin your research by searching online for US universities offering PhD in Business Administration. One example is University of California Los Angeles (https://www.anderson.ucla.edu/degrees/phd-program/admissions#app-req) .

Hello  Student

You are aBHM means Bachelor in Hotel Management so after doing BHM,to gain a bright future  inthis trade you have to do MSc in Hotel Management,post graduation in Hospitality Management,Master degree in travel and tourism management,or MBA in hotel management,AFter doing post graduation in Hotel management or travel and tourism management will give you the best return in employment opportunity.

Hope this will help.

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B.Sc (Hons)/BA (Hons) Business Administration, is an International BBA programme offered at MET Institute of International Studies, Mumbai

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Why Advertisers Pay More to Reach Viewers Who Watch Less

When targeting viewers on TV or online, some eyeballs are more valuable than others.

June 17, 2024

Even as streaming services grew, TV ad prices were buoyed by competition for fewer viewers. | iStock/FG Trade

Television advertisers consider men between 18 and 34 a coveted demographic — they’ll spend as much as three times more to reach them than they will on women and older adults. Online, it’s just the opposite. On platforms such as Instagram and TikTok, older audiences can be more expensive to reach.

These price discrepancies may seem puzzling. Young men’s purchasing power is not any greater than older adults’. Shouldn’t digital advertisers go after the younger people who live online? Yet that’s not how media ad prices are set: Viewers’ income or likelihood of buying a product is not the biggest factor — it’s how much time they spend viewing the content where the ads run.

More active audiences command a lower advertising price per impression, while groups that don’t tune in as often cost a premium to advertise to because they’re simply harder to reach. So advertisers pay more to reach the young men who watch TV infrequently and the older viewers who stream fewer videos or shows.

That’s one key takeaway from a recent paper by Stanford Graduate School of Business researchers Ali Yurukoglu , Matthew Gentzkow , and Frank Yang , PhD ’24. “In this advertising market, it is not purely a demand story; it’s a supply story,” Yurukoglu says. “What’s being sold are the eyeballs of the consumers. Data show that there are fewer young eyes on sale for TV because fewer young people watch TV. And older people are more scarce online.”

The Stanford researchers and Jesse M. Shapiro of Harvard adapted an existing economic model of competition in advertising markets and tested it on advertising data. This model explains around 35% of the money that TV and online advertisers pay to reach people across different groups. The researchers believe they are the first to quantify the relationship between an outlet’s ad pricing and how active various segments of its audience are.

“Since a huge part of the economy now is powered by advertising, it’s really important to know how valuable — and why — different consumers are to advertisers, because that has a huge impact on what kinds of products and content are produced,” says Gentzkow, a senior fellow at the Stanford Institute for Economic Policy Research (SIEPR).

It’s this scarcity factor that helps to explain the price differences, he says. The researchers’ model sheds light on why, for example, a 30-second televised spot during the 2024 Super Bowl cost advertisers $7 million. Companies paid this astronomical price because among the more than 100 million Super Bowl viewers were many people who rarely watch TV. “Those are scarce eyeballs,” Yurukoglu says, “and the Super Bowl is your way to reach them.”

Watching the Watchers

The scarcity factor also explains why broadcast and cable advertising revenue largely held steady from 2014 to 2019, even as more people moved over to streaming services. TV networks could charge higher prices to advertisers because they had fewer viewers: Ad prices were buoyed by competition for fewer eyeballs.

Quote In this advertising market, it is not purely a demand story; it’s a supply story. What’s being sold are the eyeballs of the consumers. Attribution Ali Yurukoglu

Yurukoglu and his colleagues used their economic model to estimate what would happen to ad prices on Netflix after its 2022 launch of a new service tier that carried advertising. The model predicted this move would lower the ad price per viewer for the five largest TV networks by approximately 1.5%& as viewers began to see ads in more places. The researchers predicted that TV networks with audiences that significantly overlapped with Netflix’s audience would see the biggest price declines in ads as companies’ options for buying advertisements grew.

The researchers say their findings on the relationship between overlapping audiences and ad prices have implications for policymakers mulling over possible media company mergers. For example, if Station A and Station B have overlapping audiences, a merger of the two would likely push up the new station’s ad prices since companies purchasing ads would now face more competition to reach viewers with only one station now selling ads. Yurukoglu says that’s a likelihood that should factor into regulators’ decision-making when they weigh the pros and cons of potential media mergers.

However, the researchers also found that a scenario in which two TV stations with distinct audiences merge has different implications for policymakers. If Station A’s viewers are primarily women, and B pulls mostly men, a merger of the two would be unlikely to boost ad prices since the overall number of distinct viewers would rise post-merger. More eyeballs on ads means a lower price, so in this case, ad prices would likely remain largely the same. When considering just the possible merger’s impact on ad prices, combining Station A and Station B in this scenario would be OK.

“When it comes to antitrust questions and mergers, we usually think about how big companies are and about their market share,” Gentzkow says. “But for advertising, it’s key how their audiences overlap. Our findings do suggest that these types of economic analysis need to be done differently.”

For media inquiries, visit the Newsroom .

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A little fun — and a discount — can steer kids to healthier foods, what people really think about search engine ads. (you might be surprised.), want to predict which videos will go viral scan your brainwaves., editor’s picks.

Pricing Power in Advertising Markets: Theory and Evidence Matthew Gentzkow Jesse M. Shapiro Frank Yang Ali Yurukoglu

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January 29, 2015 Do Super Bowl Ads Really Work? Not all big game TV commercials drive enough sales to offset the ad’s cost.

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