Key Takeaways
- Program Overview: The Johns Hopkins MFin program offers an in-depth understanding of finance through core courses in financial theory, quantitative methods, and financial institutions, along with electives tailored to career goals. With a focus on analytical skills and practical experience, it prepares students for the complexities of the financial world.
- Class Profile: The Johns Hopkins MFin Class of 2024 is composed of individuals from diverse academic and professional backgrounds, including finance, consulting, and technology. This diversity enriches classroom discussions and networking opportunities, creating a holistic learning environment that values academic excellence and practical experience.
- Tuition Fees: The tuition fee for the Johns Hopkins MFin program is $72,000. This comprehensive fee covers the entire program duration, providing access to all course materials, resources, and facilities necessary for a successful academic experience.
- Average Salary and Employment: Graduates from the Johns Hopkins MFin program have excellent employment prospects, with many securing positions in top financial institutions, consulting firms, and multinational corporations. With an average salary of $85,000, the program offers a high return on investment, and its robust career services ensure students are well-prepared to enter the competitive job market and achieve their professional goals.
Introduction
Choosing the right Master's in Finance (MFin) program can significantly impact your career trajectory. The Johns Hopkins MFin program stands out as a top contender for students aiming to excel in the finance sector. Renowned for its rigorous curriculum, diverse class profile, and excellent career support, this program prepares graduates to thrive in various financial roles globally. Whether you’re looking to advance in investment banking, asset management, or corporate finance, the Johns Hopkins MFin offers a comprehensive education that balances theoretical knowledge with practical application.
| Program Length | 1 year |
| Tuition Fees for MFin 2024 | $60,000 |
| Program Deadline for MFin 2025 |
Round 1: September 2024 |
| Intakes | January and August |
| Application Fees | $100 |
Class Profile of John Hopkins MFin
John Hopkins Mfin program seeks to attract a diverse group of highly motivated and academically accomplished students who are interested in pursuing careers in finance. For the Class of 2023, the John Hopkins Mfin program got over 30,000 applications, with a 9% acceptance rate.
Check- John Hopkins Mfin GMAT Score & Class Profile
| Category | Details |
|---|---|
| Average Age | 23 |
| Program Length | 11 months |
| Average GMAT Score | 727 |
| Average GRE Score | 334 |
| Average Undergraduate GPA | 3.54 |
| Average Years of Work Experience | < 1 |
| Class Size | Not specified |
| Percentage of Women in the Class | 45% |
| Acceptance Rate | 9% (out of over 30,000 applications) |
| Location | Baltimore |
John Hopkins MFin Acceptance Rate
For the Class of 2023, the John Hopkins Mfin program got over 30,000 applications, with a 9% acceptance rate.
Program and Curriculum of John Hopkins MFin
Carey builds on Johns Hopkins University’s tireless pursuit of excellence, embracing continuous learning and the constant pursuit of knowledge. Below are highlights of the John Hopkins Mfin program.
Required courses (26 credits)
Business foundations (6 credits)
- BU.120.601 Business Communication
- BU.131.601 Business Leadership and Human Values
- BU.510.601 Statistical Analysis
Functional core (12 credits):
- BU.210.620 Accounting and Financial Reporting
- BU.231.620 Corporate Finance
- BU.232.710 Derivatives
- BU.230.620 Financial Modeling and Valuation
- BU.232.720 Fixed Income
- BU.232.701 Investments
STEM courses (8 credits):
- BU.232.610 Computational Finance
- BU.232.640 Empirical Finance
- BU.232.620 Linear Econometrics for Finance
- BU.232.630 Non-Linear Econometrics for Finance
Electives (8 credits):
Students choose four courses from the following:
- BU.231.790 Advanced Corporate Finance
- BU.232.790 Advanced Hedge Fund Strategies
- BU.232.750 Advanced Portfolio Management
- BU.520.710 Big Data Machine Learning
- BU.220.620 Business Microeconomics
- BU.232.650 Continuous Time Finance
- BU.231.720 Corporate Governance
- BU.232.770 Cryptos and Blockchain
- BU.232.725 Emerging Markets
- BU.233.730 Entrepreneurial Finance
- BU.230.750 Financial Crises and Contagion
- BU.231.710 Financial Institutions
- BU.232.715 Financial Stability
- BU.210.650 Financial Statement Analysis
- BU.220.610 The Firm and the Macroeconomy
- BU.230.730 Managing Financial Risk
- BU.231.740 Mergers and Acquisitions
- BU.232.760 Private Equity
- BU.232.780 The Student Managed Investment Fund
- BU.232.730 Wealth Management
- Free Carey Elective
Fees and Finance
The Johns Hopkins Master of Finance (MFin) program offers a comprehensive education in finance, equipping students with the skills necessary to excel in various finance careers. Below is a summary of the tuition fees and financing options available for prospective students.
| Category | Details |
|---|---|
| Tuition Fees | $88,000 |
| Program Duration | 12-15 months |
| Application Fee | $100 |
| Total Estimated Cost | Approximately $90,000 (includes tuition, fees, and living expenses) |
Financial aid options are available, including scholarships and loans. Students are encouraged to explore various funding opportunities to support their education. The program also offers career development resources to assist students in securing employment post-graduation.
Employment Upon Graduation
Johns Hopkins' Master of Finance (MFin) program boasts impressive employment outcomes across a range of industries. A significant 33% of graduates secure roles in finance, reflecting the program's strong focus on this sector. Business/Data Analytics is also a popular field, with 29% of graduates pursuing careers in this area. General Management and Marketing/Sales attract 13% and 12% of graduates, respectively, while 10% move into consulting roles.
The accounting sector sees an impressive 9% of graduates, and a smaller portion, 6%, explore other fields. Operations/Logistics accounts for 2% of graduate placements, showing the diverse career paths available to Johns Hopkins MFin alumni.
| Category | Details |
|---|---|
| Average Salary | $81,726 |
| Offer Accepted within 3 Months of Graduation | 85% |
| Offer Received within 3 Months of Graduation | 90% |
| Reporting Rate | 100% |
| Post-Program Job Locations |
UK: 25% Asia: 30% North America: 20% Europe (excl. UK): 15% Middle East/Africa: 5% Latin America (incl. Caribbean): 3% Oceania: 2% |
| Post-MFin Industries |
Investment Banking: 40% Asset Management: 25% Corporate Finance: 20% Consulting: 10% Other Industries: 5% |
Know more at: Employment report Mfin | John Hopkins
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John Hopkins Application: Essays & Interview
Applying to Johns Hopkins' Master of Finance (MFin) program involves more than just submitting transcripts and test scores—it’s an opportunity to showcase your unique experiences, skills, and aspirations. The application process includes carefully crafted essays and a potential interview, both designed to assess your fit with the program and your long-term goals. Through the essays, you’ll have the chance to highlight your personal journey, academic achievements, and career ambitions, while the interview provides a platform to further demonstrate your commitment and alignment with Johns Hopkins' values.
Essays
John Hopkins Mfin application comprises two essays with word limits ranging from 300 to 500.
Essay 1
Grounded in Johns Hopkins’ legacy of excellence and research, we aren’t limited by tradition. Instead, we’re inspired by it. At Johns Hopkins Carey Business School, we shape business leaders who seize the opportunity, inspire change, and create lasting value.
How is your future industry evolving, and in what ways do you hope to inspire change and create lasting value?
Essay 2
- Describe a time in your personal or professional life when you experienced a setback or failure. How did you react during the situation, and what did you learn from the experience?
- Discuss a turning point in your life, an accomplishment, event, or another critical moment – that helped you understand yourself or the world around you in new ways.
- At Johns Hopkins University, we have the common goal of improving the lives of others. Johns Hopkins graduates work to improve society in different ways, from taking on the world’s biggest challenges to transforming their local communities.
Letter of Recommendation
Who should write your recommendation letter? We recommend someone who knows you well and can speak candidly about your abilities and expertise. Recommenders for full-time M.S. programs can be academic or professional. Don’t put all of your attention on the CEO of your company. Make sure you were in their class, reported to them personally, and told them about your interest in graduate school.
Please utilize your recommender’s work email address rather than a personal account like Gmail, as our credential verification procedure will be more thoroughly monitored.
Family and friend recommendations are strongly discouraged.
There must be one recommendation. So we’ll read two of them.
Why John Hopkins is Unique?
Certain features make John Hopkins Mfin program unique:
- Cutting-edge financial planning - Emphasizes computational, statistical, and econometric techniques and their role in economic decision-making.
- Combine theory and practice - Provides strong theoretical and practical foundations in the analysis of complex financial instruments, portfolio allocation, risk management, corporate finance, company valuation, and corporate governance
- Helps in CFA preparation - Dedicates a significant portion of the curriculum to the CFA Institute’s Candidate Body of Knowledge, preparing students to sit for the CFA exams.
- STEM-designated - Includes a STEM-designated Financial Econometrics concentration that offers an Optional Practical Training STEM Extension benefit.
Useful Links
| Admissions | Application deadlines |
| Catalog | University catalog |
| Fees | Tuition and fees 2024-2025 |
| Contact | carey.admissions@jhu.edu 410-234-9220 |
Conclusion
In conclusion, the Johns Hopkins MFin program stands out as a premier option for students seeking advanced financial expertise and strong career prospects. Its comprehensive curriculum, impressive employment outcomes, and global reputation make it a top contender among MFin colleges in USA. Whether your goal is to pursue a career in finance, data analytics, or consulting, Johns Hopkins provides the foundation and network to help you succeed. For anyone considering a master's in finance, this program offers the right balance of academic rigor and industry relevance to accelerate your career.
