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Northeastern University MS Finance


9 minutes

Table of Contents

    Introduction

    Northeastern University MS in Finance provides you with intense knowledge in finance, which helps you in improving the analytic and problem-solving skill sets. The core of the program is considered to be the best curriculum that consists of intensive coursework, market-based applications, and a commitment to ethics that will set you apart from other professionals in the market. In fact, it will help you become a financial leader, who knows how to meet its strategic goals.

    Tuition Fees  $52,700
    Program Length 12-16 months
    Program deadline March 21, 2024
    May 9, 2024
    Application Fees  USD 75

    Northeastern University MS in Finance Class Profile 

    The class profile for Northeastern University MS in Finance program varies from year to year, but generally includes students from diverse academic and professional backgrounds. The program attracts recent graduates with undergraduate degrees in finance, economics, or related fields, as well as mid-career professionals seeking to transition into finance. Students in the program typically have strong academic records, with a median GPA of 3.5 or higher, and strong GRE or GMAT scores. Many students in the program have also gained practical experience through internships or work experience in the finance industry. The program is known for its highly selective admissions process and small class sizes, which allow for personalized attention and individualized instruction.

    Class Size 69
    Average GRE 155
    Average GMAT 616
    Women Diversity  43% Women
    Average Work Experience 3.8 Years
    Countries Represented  33% International Students
    Pre-MFin Industries  9%- Consulting
    14%- Finance & Accounting
    14%- General Management
    5%- Human Resources
    Application Fees  

    Acceptance Rate

    Northeastern University MS in Finance program is a highly selective program, and its acceptance rate can vary from year to year. However, in recent years, the acceptance rate for the program has been around 20-25%. The program attracts a competitive applicant pool, and admissions decisions are based on a variety of factors, including academic performance, test scores, work experience, essays, and letters of recommendation. The program also considers factors such as diversity and leadership potential when making admissions decisions. While the acceptance rate for the program may be low, accepted students can expect to receive a high-quality education in finance and have access to a variety of resources and opportunities for career development. Thus, you should be ready to get into the best universities for MFin in USA.

    Acceptance Rate- 22.5%

    Program and Curriculum 

    The Northeastern University MS in Finance is a full-time, 12- to 15-month program specially designed for the students with a finance-related background be.The curriculum in the Quantitative Finance major integrates economics, mathematics, and computer science with financial theory and application. This course's curriculum majorly emphasis on developing quantitative skills and fintech expertise required in today’s rapidly changing financial services industry.

    Core Course

    • Corporate Finance
    • Data Analytics in Finance
    • Derivatives & Risk Analytics
    • Investment Analysis
    • Empirical Methods in Finance
    • Fundamentals of Financial Mathematics & Financial Markets

    Electives

    • Alternative Investment
    • Database Management Systems
    • Financial Modeling
    • Applied Econometrics 
    • Computational Methods in Finance
    • Fixed Income Securities and Derivatives
    • International Financial Management
    • Foundations of Artificial Intelligence

    Extra Activities 

    Northeastern University has a wide variety of student clubs and organizations across different fields and interests. Some of the clubs include:

    Clubs

    • The Northeastern University Student Government Association
    • The Northeastern University Finance and Investment Club
    • The Northeastern University Marketing Association
    • The Northeastern University Entrepreneurship Club
    • The Northeastern University Society of Women Engineers
    • The Northeastern University Model United Nations
    • The Northeastern University Dance Company
    • The Northeastern University Community Service Club
    • The Northeastern University Mock Trial Association
    • The Northeastern University Debate Society
    • The Northeastern University Anime Club
    • The Northeastern University Gaming Society
    • The Northeastern University Film Club
    • The Northeastern University Acapella Group
    • The Northeastern University Ski and Snowboard Club

    Northeastern University MS in Finance Eligibility and Requirements

    Eligibility

    To be eligible for Northeastern University MS in Finance program, applicants must meet the following requirements:

    Bachelor's Degree: Applicants must have a bachelor's degree from an accredited institution. The degree can be in any field, but applicants must have completed coursework in finance and accounting.
    Work Experience: While work experience is not required, it is recommended that applicants have some relevant work experience in finance or a related field.
    Standardized Test Scores: Applicants are required to submit scores from either the GMAT or GRE. However, in some cases, the requirement may be waived if the applicant has sufficient professional experience.
    English Proficiency: International applicants must demonstrate proficiency in English by submitting scores from either the TOEFL or IELTS exams.

    Documents Required for Northeastern University MS in Finance

    • Online application form
    • Transcripts from all undergraduate and graduate schools attended
    • Personal statement, detailing your interest in the program and goals
    • Non-refundable application fee of $75 to $100 (if required)
    • One to three letters of recommendation
    • Professional resumé
    • Official GMAT Score

    Deadlines

    The deadline for Northeastern University MS in Finance changes every year for its 1 intake. Thus you should be aware of the deadline dates for the Masters in Finance at Northeastern University.

    Deadline Deadline Dates
    Round 1 October 21
    Round 2 January 13
    Round 3 March 16
    Round 4 April 13

    Employment And Placement

    Northeastern University MS in Finance program has an excellent track record of employment and placement. Graduates of the program are highly sought after by employers in the finance industry, and the program has a strong network of alumni who work in a variety of finance-related fields.

    The program offers a variety of resources and opportunities to help students with career development, including career coaching, networking events, and access to job and internship postings through the university's career services office. Thus one can conclude that there are plenty of jobs after MFin.

    Top Sectors Hiring from Northeastern University MS in Finance

    Graduates of Northeastern University MS in Finance program are highly sought after by employers in a variety of sectors. Here are three top sectors that hire graduates of the program, along with some examples of companies that have hired program alumni:

    Companies recruiting from Northeastern University

    Investment Banking:

    • Goldman Sachs
    • JPMorgan Chase
    • Morgan Stanley
    • Bank of America Merrill Lynch
    • Citi
    • Asset Management:

    Fidelity Investments

    • BlackRock
    • State Street Global Advisors
    • Wellington Management
    • MFS Investment Management

    Corporate Finance:

    • Amazon
    • Microsoft
    • General Electric
    • IBM
    • PepsiCo

    Alumni Info

    Northeastern University has an outstanding  Alumni Network over 265,000 across 180 countries ranging from top executives to successful entrepreneurs.Our more than 40 domestic and international communities provide alumni, parents, students and friends with a vital connection to the university and to each other. Therefore once you join Northeastern University MS in Finance you are open to joining to the college's prestigious alumni group.

    • Some Famous Alumni
    • Shawn Fanning (American Computer Programmer)
    • Wendy Williams (American Television Host)
    • Biz Stone (Entrepreneur)

    Application Essay

    The essay questions for the Northeastern University MS in Finance program may vary depending on the specific application cycle, but here are a few examples of potential essay prompts:

    Essay 1

    Why are you interested in pursuing an MS in Finance, and why have you chosen Northeastern University as the place to do so? What specific aspects of the program appeal to you, and how do you think they will help you achieve your academic and career goals?

    Essay 2

    Can you describe a significant finance-related experience or project that you have been involved in, and what you learned from it? How has this experience prepared you for graduate-level study in finance, and how do you see it impacting your future career goals?

    Essay 3

    Northeastern University's MS in Finance program places a strong emphasis on experiential learning and practical application. Can you describe a time when you applied finance-related concepts or techniques to solve a real-world problem or challenge, and what you learned from this experience?

    Essay 4

    What do you see as the biggest challenges and opportunities facing the finance industry in the next 5-10 years, and how do you think the MS in Finance program at Northeastern University will help you stay ahead of the curve?

    Essay 5

    Can you discuss a time when you faced a significant obstacle or setback, and how you overcame it? How has this experience shaped your approach to challenges, and how do you think it will help you succeed in the Northeastern University MS in Finance program and beyond?

    Letter of Recommendation 

    Letters of recommendation (LOR) for the Northeastern University MS in Finance program should come from professional or academic references who can attest to the applicant's abilities, skills, and potential for success in the program and the finance industry. The letters should address the applicant's academic achievements, analytical and problem-solving skills, communication abilities, teamwork skills, and leadership potential. The LOR should be specific, detailed, and highlight examples of the applicant's accomplishments and strengths. The recommendation should also include the recommender's contact information, position, and affiliation to add credibility to the letter.

     

    Interview Questions

    The interview questions for admission to the Northeastern University MS in Finance program may vary depending on the specific interviewer and their approach to the interview. However, here are a few potential questions that may be asked:

    Q. Why are you interested in pursuing a master's degree in finance?
    Q. What do you hope to achieve by earning an MS in Finance from Northeastern University?
    Q. Can you describe a finance-related project or experience that you've been involved in, and what you learned from it?
    Q. How do you stay up-to-date on developments and trends in the finance industry?
    Q. Can you discuss a time when you had to make a difficult financial decision, and how you approached it?
    Q. What are some of your long-term career goals, and how do you see the MS in Finance program helping you achieve them?
    Q. How do you think your background and experience have prepared you for graduate-level study in finance?
    Q. Can you discuss a current event or issue in the finance industry that you find particularly interesting or relevant?
    Q. How do you see the finance industry evolving in the next 5-10 years, and how do you think this will impact your career goals?
    Q. Do you have any questions or concerns about the program that you would like to discuss?

    What Makes Northeastern University MFin Unique

    The Northeastern University MS in Finance program has several unique features that set it apart from other graduate finance programs. Here are a few:

    Experiential Learning: The program places a strong emphasis on experiential learning, providing students with opportunities to apply what they learn in the classroom to real-world scenarios through case studies, simulations, and other practical exercises. This helps students develop valuable skills and gain hands-on experience that can prepare them for success in their careers.
    Flexibility: The program is designed to be flexible, with options for full-time or part-time study, as well as online or on-campus courses. This allows students to tailor their educational experience to their individual needs and schedules.
    Industry Connections: Northeastern University has a strong reputation in the finance industry, and the MS in Finance program leverages this network to connect students with top employers and industry professionals. Students have access to career coaching, networking events, and other resources that can help them launch successful careers in finance.
    Specialized Tracks: The program offers several specialized tracks that allow students to focus on specific areas of interest within finance, such as corporate finance, investment management, or financial analytics. This can help students develop deep expertise in a particular area and position themselves for success in specialized roles.
    Global Perspective: Northeastern University has a strong commitment to global education, and the MS in Finance program reflects this by providing opportunities for international study and exposure to diverse perspectives. Students can participate in study abroad programs, global residencies, and other initiatives that can broaden their horizons and prepare them for success in an increasingly globalized world.

    Conclusion

    The Northeastern University MS in Finance is a graduate program that offers students a comprehensive education in finance and prepares them for careers in the finance industry. The program emphasizes experiential learning, providing students with opportunities to apply what they learn in the classroom to real-world scenarios. Students can choose from a variety of specialized tracks, such as corporate finance, investment management, or financial analytics. The program also offers flexibility in terms of study options, with full-time, part-time, online, and on-campus courses available. Northeastern University has a strong reputation in the finance industry, and the MS in Finance program leverages this network to connect students with top employers and industry professionals.

    Know Your Author
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    Abhyank Srinet
    Study Abroad Expert
    Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
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