Introduction
The University of Michigan Finance MS is a great choice if you want to build a strong career in finance. The program helps students gain practical skills in areas like investment analysis, financial modeling, and risk management. Offered by the University of Michigan–Dearborn, it combines theory with real-world applications so you can confidently step into roles in banking, consulting, or corporate finance. Whether you prefer studying full-time, part-time, or online, the program offers the flexibility to fit your goals and schedule.
| Tuition Fees | $30,736 per year |
| Program Length | 12-16 months |
| Program deadline | Fall term: May 1, 2025 Winter term: September 1, 2025 |
| Intake | 3 |
University of Michigan MFin Class Profile
The University of Michigan MFin program at Dearborn attracts a diverse mix of students who are academically strong and motivated to grow in the finance industry. The class usually includes recent graduates and professionals with some work experience, creating a well-balanced learning environment. Students come from various educational backgrounds, such as business, economics, and engineering, bringing unique perspectives to discussions and group projects.
Here’s a closer look at the recent class profile for the MS in Finance program at the University of Michigan–Dearborn:
| Category | Data |
|---|---|
| Average Undergraduate GPA | 3.4 |
| GPA Range (Middle 80%) | 3.1 – 3.6 |
| Average GMAT Score | 610 |
| Typical Class Size | Around 30–40 students |
| Average Work Experience | 1–3 years (many also join right after undergrad) |
| Academic Backgrounds | Business, Economics, Engineering, and Mathematics |
| Program Duration | 12–16 months full-time |
| Learning Format | On-campus (evening), online, or hybrid options available |
Program and Curriculum University of Michigan MFin
The University of Michigan Finance MS program at the Dearborn campus is designed to build both technical and analytical finance skills that employers look for today. It offers a flexible structure that allows students to tailor their studies based on experience and goals. Whether you are starting your finance journey or aiming to move up in your career, the program provides a strong mix of academic depth and practical exposure.
Program Highlights
- Comprehensive foundation: The program begins with core courses in accounting, economics, statistics, and finance. Students with prior coursework may receive waivers and complete fewer credits.
- Core curriculum focus: Courses cover advanced topics like corporate finance, valuation and strategy, investment analysis, financial modeling, and risk management.
- Practical approach: The curriculum emphasizes real-world application through case studies, data-driven projects, and exposure to modern financial tools.
- Flexible study mode: Students can pursue the degree full-time, part-time, online, or through hybrid options, making it ideal for both fresh graduates and working professionals.
- Program duration: Most students finish the degree within 12–16 months, depending on credit waivers and course load.
Curriculum Overview
| Component | Details |
|---|---|
| Foundation Courses | Accounting, Economics, Statistics, Finance Fundamentals (0–12 credits, may be waived) |
| Core Courses | Advanced Corporate Finance, Valuation & Strategy, Investment Procedures, Derivatives & Risk Management, Financial Statement Analysis |
| Electives | FinTech, Banking, Insurance, and Global Financial Markets |
| Total Credits | 30–33 credits (depending on waivers) |
| Program Length | Typically 12–16 months |
| Learning Format | Online, On-campus (evening), or Hybrid |
This balanced structure helps students graduate with a strong command of both finance theory and its practical application, preparing them to excel in roles across investment banking, corporate finance, and consulting.
Eligibility and Requirements
Here is a list of the University of Michigan eligibility and requirements:
- A student seeking admission to the University of Michigan Finance MS program must have completed a four-year bachelor’s degree from a recognized university in the USA or an equivalent degree in a related field of study.
- A “C” or better in college algebra, finite maths, pre-calculus, or calculus courses as undergraduates. (If you haven’t met this prerequisite yet, the university will work with you to find a suitable system before or after you are admitted.)
- You must have taken the GMAT or GRE within the last five years. The GMAT and GRE may be waived for applicants with three years of professional job experience and a degree in business or engineering.
- Since the University’s whole curriculum is taught in English, international students must demonstrate English competence by clearing one of the following tests with a minimum score: 220 on the Computer-Based TOEFL, 80 on the MELAB, 84 on the Internet-Based TOEFL, or 6.5 on the IELTS.
- Applicants who have obtained or will acquire an approved bachelor’s or master’s degree from a college where the mode of instruction is English are excused from taking an official English proficiency test.
- Personal statement showing the purpose of joining the program, inspired by the applicant’s real-life experiences. The personal statement should be brief and clear.
Application Fees
- The application fee for Michigan Ross MFin costs may vary each year, so it's recommended to check the official website or contact the admissions office for the most accurate information.
- Application fees are typically non-refundable and must be paid during the application submission process.
Application Documents
- Online Application
- Statement of Purpose
- Resume or CV(2-page limit for Master's applicants)
- Letters of Recommendation
- College/University Transcripts
- English Language Proficiency
- Test Scores (GRE/GMAT)
- International Transcript Evaluation
University of Michigan MFin Deadlines
The College of Business at the University of Michigan has 3 intakes for its MFin program. Students can apply for either the Fall (September) intake, or Winter (January) intake, or the Summer (May) intake. The table below shows the deadline dates for the three intakes for both domestic and international students enrolling in the University of Michigan Finance MS:
| Deadlines | Dates |
| Fall term | May 1, 2025 |
| Winter term | September 1, 2025 |
Employment & Placement
The University of Michigan MFin program helps students get good jobs in finance, consulting, and business. The university has a strong name, and students learn both theory and practical skills. This makes them ready for the job market.
- Bloomberg Finance Lab
- Business Communication Lab
- iLabs student Opportunities
- Internship and Career Management Centre
| Average starting salary | $78,140 |
| Placement Rate | 91% of students get job offers within 6 months after graduation |
| Top Industries | Finance, Consulting, Technology, Healthcare |
| Top Recruiters | Amazon, Deloitte, JP Morgan, Microsoft, Goldman Sachs |
Alumni Info
Students of the University of Michigan Finance MS get a chance to join a vast Alumni network of a whopping 5,75,000 alumni belonging to diverse educational and professional backgrounds. The Graduates of the Last Decade Alumni Affiliate (GOLD) gives recent UM-Dearborn graduates the chance to network with other alumni and connect to the university. GOLD also connects current students with recent graduates and alumni events. Providing a way for those who graduated within the last ten years to remain involved:
- With other Alumni
- With the help of the university
- With New and Experienced Students
In addition to this, students can also connect with the alumni through the following ways:
- Taking up the College to Career Coaching Program
- Sponsoring a Class Project
- Visiting or Speaking in a Class
- Participating in Mock Interviews
- Engaging in Professional Development Programs
- Connecting with Student Organisations
Some Famous Alumni
David Barger – Co-founded JetBlue Airways as president and chief operating officer
Lauren Weiner – CEO and co-founder of WWC Global
Niklas Zennstrom – Co-founder of Skype
Martin Lau – President of Tencent Holdings
Application Essay
University of Michigan Finance MS program which is one of the best MFin Colleges in USA) typically asks applicants to respond to specific essay prompts. These prompts are designed to evaluate your understanding of finance, your career goals, and how the MFin program aligns with your professional aspirations. It's essential to read each prompt carefully and understand what it's asking before you begin writing.
Letter of Recommendation
The University of Michigan Finance MS will require only 1 letter of recommendation from its applicants to the MFin program. The letter of recommendation can come in from either an academic referee or a professional referee. If you have considerable work experience then a letter of recommendation must preferably be from a professional referee.
Interview Questions
Preparing for the University of Michigan Finance MS interview involves a thorough understanding of the program and a strategic approach to showcase your skills and aspirations. Typical interview questions for the MFin program may cover your academic background, professional experience, reasons for pursuing the MFin, and how the program aligns with your career goals.
SET 1
Q: Do you have a system for managing your time?
Q: Describe a time when you had to work under high pressure.
Q: What is the most difficult (work-related) decision you have ever made? What happened? What did you learn?
Q: How do you define leadership?
Q: Describe a time when your leadership made a difference.
Q: Describe a situation when you had to provide negative feedback to a team member or co-worker.
Q: Describe a time when your leadership was challenged. How did you respond to it?
Q: Discuss a situation where you had to persuade someone to agree with your point of view.
Q: Describe a time when your initiative made the difference in achieving a personal or group goal.
Q: Describe a time when you took the initiative to create or improve something.
SET 2
Q: What are the biggest mistakes you have made and your greatest accomplishments?
Q: What is your biggest disappointment/failure in life?
Q: Give an example of an instance when you developed a strategy and executed it.
Q: How do you usually make decisions?
Q: Talk about a time when you had to make a decision without complete information.
Q: Talk about a time when you challenged or changed the status quo.
Q: Tell me about a time you came face to face with an ethical dilemma.
Q: Who do you admire? And Why?
Q: What do you perceive to be more important, intelligence or hard work?
Q: Describe a time when you had to learn something that was difficult for you. How did you approach learning it?
What Makes University of Michigan MFin Unique
Is MFin worth it? Here are a few facts about the University of Michigan Finance MS that make it unique-
- A Michigan Ross MFin allows you to work for some of the world’s most prestigious companies.
- Michigan Ross’s MFin helps you get where you want to go and do what you want to do and prepares you to make an immediate impact.
- The majority of Ross Full-Time MFin graduates are job changers. Within three months of graduation, a large percentage of graduates obtained job offers.
- Over half of University of Michigan Finance MS graduates work in technology or consulting, with Amazon, McKinsey, Deloitte, and Microsoft among the top MFin employers. They’re also drawn in by the school’s reputation.
Useful Links
| Requirements | Explore Program Requirements |
| Tuition Fees | Graduate Tuition Calculator |
| Scholarships | Graduate Scholarships |
Conclusion
One of the best options for courses that provide in-depth learning in finance is the Master of Finance. Dearborn is consistently ranked among the top institutions in the world and offers a University of Michigan Finance MS. Due to the high graduate employment rate at the University of Michigan, Dearborn, international students favour this course.
