Master of Science [MS] (Finance)
Field of Study:
$66,030 /Yr
Fordham University MS Finance is a full-time, on-campus Master of Science degree at Lincoln Center in Manhattan, taking three semesters from Fall 2027 entry. Applicants need an equivalent bachelor’s degree, with some three-year degrees accepted. Fall 2027 tuition is unpublished; 2026-27 tuition calculated over 30 credits was US$69,090 (INR 65.29 Lakhs).
The programme combines financial theory with computational methods and carries a STEM (science, technology, engineering and mathematics) designation. Its 18 elective credits suit applicants seeking specialised training, although missing foundations or an internship extension can change the cost and completion timetable.
- On-campus students can explore eight optional tracks, including credit, alternative investments and financial analytics.
- Selected non-finance electives, such as programming and accounting, can count toward the degree with academic approval.
- The programme includes responsible business leadership development alongside finance studies.
Current Admission Status
Applications for the Fall 2027 intake are Open. International student deadline: 19 March 2027.
Indian applicants needing visa sponsorship from abroad must submit by Round 3. Round 2 closes on 15 January 2027 and carries priority scholarship consideration.
Also Check: Fordham University MS Finance Admission
Fordham MS Finance Fees and Living Costs 2027
Fall 2027 tuition is unpublished after checks of Fordham’s programme, application, funding and fee surfaces. Verify the target fee on the official fee page.
Prior-cycle reference: the table uses the 2026-27 graduate MS rate, which applies irrespective of residency, with three-term totals calculated where indicated.
| Item and charging basis | Amount (US$) | INR equivalent |
|---|---|---|
| Tuition per credit, entrants from Fall 2023 onward | US$2,303 | INR 2.18 Lakhs |
| Calculated base tuition, 30 credits | US$69,090 | INR 65.29 Lakhs |
| General fee per term | US$128 | INR 12,096 |
| Technology fee per term | US$249 | INR 23,531 |
| Calculated general and technology fees, three terms | US$1,131 | INR 1.07 Lakhs |
| New MS student enrichment fee, first term only | US$3,939 | INR 3.72 Lakhs |
| Health insurance, fall | US$1,890 | INR 1.79 Lakhs |
| Health insurance, spring including summer | US$3,342 | INR 3.16 Lakhs |
| Books and materials allowance per credit | US$64 | INR 6,048 |
| International student service fee, frequency unspecified | US$50 | INR 4,725 |
| Application fee, current published cycleless policy | US$150 | INR 14,175 |
All INR conversions in the article use a conversion rate of USD 1 = INR 94.50 as of 06 November 2026. Rates fluctuate daily, verify before applying.
Source: Fordham Student Financial Services, 2026-27 graduate Gabelli schedule; application fee from current graduate admissions requirements.
- The 30-credit tuition excludes assigned foundation courses; at the 2026-27 rate, six additional credits would cost a calculated US$13,818 (INR 13.06 Lakhs).
- Ask for your foundation assessment before accepting, because the bulletin permits up to six extra on-campus credits beyond the degree’s 30 credits.
- The checked public pages provide no fixed Fall 2027 enrollment deposit or MS Finance instalment schedule, so obtain both with your admission offer.
Cost of Living in New York for MS Finance Students
Fordham’s 2026-27 living allowances are term-based, rather than monthly quotations or residence tariffs. The following prior-cycle planning illustration allocates three term allowances across a 12-month completion; monthly and annual totals are calculated.
| Expense | Monthly (US$) | Monthly (INR equivalent) |
|---|---|---|
| Food and housing combined | US$3,388.75 | INR 3.20 Lakhs |
| Transportation | US$315.50 | INR 29,815 |
| Miscellaneous | US$723.00 | INR 68,324 |
| Calculated monthly total | US$4,427.25 | INR 4.18 Lakhs |
| Calculated annual total, 12 months | US$53,127 | INR 50.21 Lakhs |
The calculated prior-cycle planning illustration totals US$134,439 (INR 1.27 Crore) before scholarships, using 2026-27 inputs throughout. Its basis is 30 tuition credits, three combined term fees, enrichment, fall and spring insurance, 30 credits of books and three living allowances. Application, visa, travel, borrowing costs and assigned foundations are additional; the service fee is excluded because its billing frequency is unspecified.
Choosing the following fall for the final elective term can extend housing and living commitments beyond this 12-month illustration. Obtain a revised attendance budget for that timetable; neither a residence quote nor a visa funding figure replaces the university’s living allowance.
Read More: Cost of Living in USA for International Students
ROI reality: Fordham can assign extra foundation credits beyond the advertised 30, so obtain your assessed study plan before fixing your loan amount.
Fordham MS Finance Admission 2027
Fall 2027 is the published intake for this full-time on-campus course. The bulletin specifies a fall start followed by three semesters, while the graduate spring admissions list excludes MS Finance.
Fordham requires an equivalent bachelor’s degree, and some three-year overseas degrees qualify. Because India awards both three-year and four-year degrees, secure an equivalency assessment rather than assuming your degree length alone establishes eligibility.
Current published requirements: these live rules are linked from the programme; individual credential decisions remain with Fordham.
| Requirement | Published position and applicant implication |
|---|---|
| Academic credential | Four-year U.S. bachelor’s degree or foreign equivalent, including some three-year degrees. |
| Grade threshold | No minimum GPA published in Gabelli’s admissions FAQ; no official Indian percentage cutoff follows from that policy. |
| Academic verification | Indian credentials require an official transcript evaluation, subject to published partner-school exceptions. |
| Finance preparation | Previous finance, economics, statistics and accounting exposure is helpful rather than mandatory to apply. |
| Graduate admission tests | The Graduate Management Admission Test (GMAT) and Graduate Record Examinations (GRE) are optional. |
| Work experience | The course targets recent graduates and early-career professionals; no minimum number of years is specified. |
World Education Services (WES) is an accepted credential-evaluation provider. Its assessment supports Fordham’s equivalency review; other accepted routes include Educational Credential Evaluators and member organisations of the National Association of Credential Evaluation Services.
Gabelli’s March 2026 school-wide specialised master’s profile reports average age 24 and average work experience of one year. These are descriptive averages across MS programmes, so they establish neither an MS Finance admissions threshold nor admission odds.
English Language Proficiency Requirements
The live requirements page labels the following as recommended scores; the FAQ describes the same TOEFL and IELTS numbers as minimum requirements. Use those published benchmarks and confirm the applicable interpretation through the official graduate admissions requirements.
| Accepted test | Current published benchmark |
|---|---|
| International English Language Testing System (IELTS) | 7 overall; no component threshold stated on the checked requirements page. |
| Test of English as a Foreign Language (TOEFL) | Verbatim: “TOEFL Internet-based Test (iBT): 100”. |
| Pearson Test of English Academic (PTE Academic) | 68. |
| Duolingo English Test | 120. |
Fordham continues to display TOEFL 100 on the older 0 to 120 scale, without a revised 1.0 to 6.0 benchmark. For tests taken from 21 January 2026, obtain confirmation before relying on TOEFL; no score conversion is implied here.
- India is absent from the linked English-country waiver list, so an English-medium Indian degree alone does not meet the published country-based waiver condition.
- Check that your English score remains within Fordham’s two-year validity rule for the entrance term before selecting an application round.
- Because optional GMAT or GRE submission does not waive English testing, allocate preparation time separately unless Fordham confirms an applicable waiver.
Course Preparation and Specialisation
The bulletin allocates 12 core credits and 18 elective credits, giving this degree substantial room for a focused finance pathway. Its computational core includes artificial intelligence methods, so applicants changing disciplines should demonstrate quantitative readiness rather than treating optional admission tests as evidence of an easier curriculum.
Foundation assessment can change your timetable: Fordham may assign preliminary courses and postpone relevant core subjects when examination standards are not met. Choose a proposed elective track, then ask which foundation courses your transcript satisfies before committing to the shortest completion plan.
Tip for Indian students: Some three-year degrees are accepted, but credential evaluation and assigned foundations are separate decisions; resolve both before treating yourself as ready for 30-credit study.
Fordham MS Finance Application 2027
Round 2, closing 15 January 2027, is the published route for priority scholarship consideration while retaining an earlier decision than Round 3. Applicants in India needing visa sponsorship must use an eligible on-campus round rather than the online programme’s later calendar.
Fall 2027 remaining stages: Round 1 has closed; Round 4 is restricted to domestic and local international candidates.
| Stage | Application deadline | Decision date | Eligibility or funding distinction |
|---|---|---|---|
| Round 2 | January 15, 2027 | March 19, 2027 | Priority scholarship consideration. |
| Round 3 | March 19, 2027 | May 14, 2027 | Final round for international applicants needing visa sponsorship from abroad. |
| Round 4 | Rolling Admissions | Rolling Admissions | Domestic and local international candidates only; not an extension for applicants applying from India. |
Fordham publishes calendar dates without a time or timezone on the checked deadline page. A reliable Indian Standard Time (IST) cutoff therefore cannot be calculated; confirm the portal’s controlling timezone before submitting from India.
Build an Application Around Quantitative Readiness
MS Finance applicants submit a 500-word community and goals essay plus a 350-word quantitative-readiness response under the listed MS circumstances. Connect your proposed finance track with transcript evidence or practical work, because naming a career goal alone does not demonstrate readiness for the computational core.
- Prepare transcripts, the required credential evaluation and a current résumé; final-year applicants may begin with in-progress academic records.
- Use the quantitative response to identify relevant coursework, certifications or analytical work that prepares you for the selected Finance curriculum.
- Submit an optional academic or professional recommendation only when it adds evidence about preparation that the transcript and résumé do not establish.
- If invited, prepare for a 25- to 30-minute interview and reserve a slot promptly, as Fordham schedules interviews subject to availability.
The admissions committee can also decide without an interview, so an invitation is not a universal stage with a separate published decision date. For Round 2, work backward from the January deadline to finish credential evaluation and English testing before the application is reviewed.
Application tip: Round 2 combines priority scholarship consideration with a March decision, giving an India-based applicant more time after admission than the May Round 3 decision.
Fordham MS Finance Scholarships 2027
Merit funding is available to specialised master’s applicants, but Fordham’s live award amounts are cycleless rather than confirmed Fall 2027 commitments. The published on-campus award and assistantship routes below are relevant to this course; online-only awards cannot be transferred into this funding plan.
Current published funding: awards remain subject to selection, and assistantships are work-linked tuition benefits rather than admission scholarships.
| Funding route | Published value (US$) | INR equivalent | Eligibility and route |
|---|---|---|---|
| Specialised master’s merit awards, general range | US$5,000 to US$30,000 | INR 4.73 Lakhs to INR 28.35 Lakhs | Exceptional applicants; complete the admission application and indicate scholarship consideration. |
| Dean’s Academic Excellence & Impact Scholarship | US$15,000 to US$25,000 | INR 14.18 Lakhs to INR 23.63 Lakhs | On-site specialised master’s applicants with academic achievement, leadership and service evidence; non-renewable, paid across two consecutive fall semesters. |
| Academic or administrative assistantship, 10-hour weekly position | US$3,510 per semester | INR 3.32 Lakhs | Separate assistantship application and appointment; credit-load conditions apply. |
| Academic or administrative assistantship, 20-hour weekly position | US$7,020 per semester | INR 6.63 Lakhs | Separate appointment; normally at least nine credits in fall or spring, with separate final-term and summer rules. |
The Dean’s award distribution across two fall semesters needs written clarification if you intend to finish in the intervening summer. Ask whether your approved study plan permits both disbursements before counting the full award against borrowing; the general merit range is not an additional guaranteed award.
- Use 15 January 2027, the actual Fall 2027 Round 2 deadline, for priority scholarship consideration rather than the funding page’s generic mid-March wording.
- Review the award before depositing, because Fordham says scholarships cannot be re-evaluated once a student deposits.
- Keep assistantship funding outside your committed budget until appointment, since positions are limited and compensation is posted through tuition remission rather than a salary.
Academic assistants support teaching or research, while administrative assistants support school operations; choose a route matching your demonstrable skills. The Fall 2027 assistantship deadline is unpublished on the checked page, so use the term-specific invitation rather than reusing older dates.
Also Check: Fordham University Scholarships
Confirm award timing
The official admissions scholarship page specifies the Dean’s award payment structure but uses generic deadline wording. Obtain written confirmation of your award’s disbursement dates and use the published Fall 2027 round calendar for submission.
Scholarship reality: A two-fall award schedule can conflict with summer completion, so confirm usable funding rather than subtracting the headline award from your loan request.
Fordham MS Finance Salary 2027
Course-cohort alumni evidence provides a salary reference, but it does not establish Fall 2027 graduates’ starting pay. Fordham’s June 2026 Financial Times ranking announcement draws on alumni who completed the programme in 2023.
2026 ranking evidence, 2023 alumni cohort: the published measure below is salary today, rather than a new-graduate base-salary median.
| Evidence scope and measure | Published amount (US$) | INR equivalent |
|---|---|---|
| MS Finance alumni, Financial Times salary today reported in Fordham’s 2026 announcement | US$121,865 | INR 1.15 Crore |
Source: Gabelli Connect, 18 June 2026, reporting the Financial Times Masters in Finance ranking and its 2023 alumni survey cohort.
The checked Finance career pages and ranking announcement do not provide a current course-level offer rate, sector split or geographic salary breakdown. Consequently, the alumni salary cannot establish an Indian applicant’s probability of obtaining a particular role or employment market.
Fordham’s course career page names graduates employed at J.P. Morgan, Morgan Stanley and HSBC, among other organisations. Employer presence establishes reported alumni employment, while the absence of hiring volumes means it cannot establish sponsorship availability or the number of openings for this intake.
What Alumni Examples Add
Individual alumni accounts explain how students used the course: a 2018 graduate describes combining risk, investment management and banking electives. A 2017 graduate describes mentorship opening a route into equity investing, while a 2015 graduate connects modelling and valuation study with securities analysis.
Other 2015 alumni observations describe international-office support and presentation practice, alongside Financial Modeling learning and participation in trading and finance activities. These selected university-published cases show possible uses of the programme, not typical placement probabilities; ask how comparable activities fit your proposed timetable.
Take-home pay depends on tax residency and deductions, so use the IRS tax withholding estimator only when eligible. The Internal Revenue Service excludes nonresident taxpayers from that calculator and directs them to separate nonresident withholding instructions.
Return on Investment for Indian Applicants
The prior-cycle planning illustration of US$134,439 (INR 1.27 Crore) indicates the funding exposure before scholarship selection, rather than a Fall 2027 price. Because current tuition and new-graduate employment probabilities are unconfirmed, the evidence supports a conditional career decision rather than a numerical payback forecast.
- The 18 elective credits let you build role-specific preparation; select a coherent credit, analytics or investment pathway before paying for a broad collection of unrelated subjects.
- Up to six additional foundation credits can increase borrowing; obtain your assigned-credit decision before agreeing to a tuition-based loan sanction.
- The 2023 alumni salary measure reflects later career earnings; test an India-return repayment plan against actual Indian offers rather than translating that figure into expected income.
- Potential 12-month practical training plus a 24-month STEM extension offers a conditional United States work window; confirm job and employer eligibility without assuming longer-term sponsorship.
- The Dean’s two-fall disbursement creates timing risk for summer completion; secure the actual award schedule before reducing committed funds.
ROI reality: Fordham’s elective flexibility can support a defined finance move, but its later-career alumni salary does not justify borrowing on an assumed starting salary.
USA Visa for Fordham MS Finance Students 2027
The on-campus Finance degree can support OPT (Optional Practical Training). Eligible graduates may receive up to 12 months of this study-related work permission, followed by a conditional 24-month extension for the programme’s designated technical field.
- For the 24-month extension, confirm qualifying employment and employer participation requirements with Fordham’s international office before treating the potential 36-month total as your work horizon.
- Budget the US$185 (INR 17,483) visa application fee and US$350 (INR 33,075) Student and Exchange Visitor Information System fee separately from the academic illustration.
- H-1B sponsorship requires the higher of the applicable actual or prevailing wage; permanent residence requires a separate eligible route and has no fixed post-Fordham settlement timeline.
- A spouse or eligible child may accompany you in F-2 dependant status, which does not permit employment, so exclude their anticipated United States wages from your funding evidence.
Read More: USA Student Visa Application Requirements
Visa reality: Fordham explicitly excludes its online Finance variant from F-1 eligibility and post-study STEM benefits, so retain the on-campus programme when relocation is essential.
Fordham MS Finance Ranking 2027
Fordham’s 2026 Financial Times position is programme-specific, making it relevant to the Finance degree rather than a proxy from the university’s overall standing. The 2027 application decision can use this published edition without presenting it as a 2027 ranking.
Published pre-experience Finance ranking: the earlier position is from the same ranking series.
| Ranking and scope | 2026 position | Previous published position cited by Fordham |
|---|---|---|
| Financial Times Masters in Finance, pre-experience, global | 40 | 52 in 2024 |
The ranking assesses pre-experience finance programmes, which fits Fordham’s stated orientation toward recent graduates and early-career applicants. Use that scope when assessing fit; it does not turn later-career alumni survey earnings into a salary commitment for a new entrant.
Also Check: Fordham University Programme Rankings
Honest take: The Finance ranking is relevant to this course, but the elective plan and confirmed funding determine whether its academic proposition meets your needs.
Fordham MS Finance fits an applicant who can identify a finance specialisation and demonstrate preparation for its computational and investment coursework. Its extensive electives and adjustable final term create room to shape that pathway, while additional foundations can increase the cost of changing disciplines. The material tradeoff is substantial funding exposure without a confirmed Fall 2027 price or a current new-graduate placement probability. Obtain the foundation assessment and written award schedule, then use Round 2’s 15 January 2027 deadline if priority scholarship consideration matters.
Fordham MS Finance FAQs
Ques. Is Fordham MS Finance suitable for someone moving from another discipline?
Ans. Yes, prior finance exposure is helpful rather than mandatory, but the quantitative response and foundation assessment make preparation important. Map your transcript against the computational core before choosing electives, because assigned preliminary credits can change both the cost and shortest completion plan.
Ques. Should I take the GRE to improve my Fordham MS Finance application?
Ans. Optional testing may add quantitative evidence, but Fordham publishes no current Finance-specific score benchmark that justifies an invented competitive target. If your transcript already demonstrates readiness, prioritise the quantitative essay and credential evaluation while meeting the separate English requirement.
Ques. Can a Fordham scholarship make the one-year Finance plan affordable?
Ans. Affordability depends on your actual award and its payment dates, because the Dean’s on-campus scholarship is distributed across two fall semesters. A summer completion plan therefore needs written disbursement confirmation, while the 2026-27 cost illustration cannot establish your eventual Fall 2027 balance.
Ques. Should an applicant from India choose Fordham’s January or March round?
Ans. January’s Round 2 adds priority scholarship consideration and a March decision, while March’s Round 3 is the final sponsorship-from-abroad route and decides in May. Choose January when your evaluated credentials and tests can be ready; March preserves eligibility but shortens the period after admission for visa arrangements.
Ques. Does Fordham’s published Finance salary justify a large education loan?
Ans. The published figure measures 2023 alumni’s later earnings, so it cannot supply a starting salary or placement probability for your loan calculation. Request recent employment evidence and test repayment against actual role and location offers, including an India-return scenario that does not assume dollar earnings.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $66030 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Food & Housing | $40665 |
| Transportation | $3720 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | $67110 |
Important Dates
Round 5 Application Deadline for Fall Intake: Rolling Admission.
Scores Required
Required Document List
- Online Application
- Application Fee
- English Language Proficiency Testing
- Two letter of Recommendations
- Unofficial transcript(s)
- Two (2) or more letters of recommendation from professional or academic references
- C.V. or Resume
- Statement of academic goals and research interests

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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Dean’s Academic Excellence & Impact Scholarship | 25000 | Merit-based |
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| FINCAD Women in Finance Scholarship | Scholarship per student$ 20,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Jane M. Klausman Women in Business Scholarship | Scholarship per student$ 5,000/Yr$5,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student$ 10,000/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| VueVille Future Technology Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| R&D Systems Scholarship | Scholarship per student$ 1,500/Yr$1,500 | Level Of StudyBachelor | TypeMerit-Based |
















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