M.S. in Finance from Clark University 2025 Entry: Fees, Eligibility, Entry Requirements, Admission Deadlines & Scholarships.

M.S. in Finance from Clark University 2026 Entry: Fees, Eligibility, Entry Requirements, Admission Deadlines & Scholarships.

Worcester, MassachusettsLocation
UniversitySchool type
Estd1887established year
3153enrollment
Private (Not for Profit)
7.8/10

Master of Science [M.S] (Finance)

18 months
Full Time
On Campus

Field of Study

Ranked #601 out of 1501 by THE Global Ranking 2023

$33,000 /Yr

16 Students Applied
12 Students Admitted
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Study Abroad Team

Updated on - Aug 20, 2026

Clark University Finance, Master of Science (M.S.) is a three-semester, full-time, on-campus graduate programme in Worcester, Massachusetts, with the Spring 2027 intake. Applicants need prior coursework in Economic Theory, Statistics and Calculus, while Clark publishes no programme-specific minimum grade point average (GPA) for this degree. At the current 2026-27 rate, 10 units cost US$56,950 (INR 54.49 Lakhs) in tuition before listed fees, living costs and later rate changes.

The curriculum builds from financial theory and quantitative analysis toward investment strategies, corporate finance, financial technology and applied decision-making. A required professional internship, experiential course and interdisciplinary capstone connect classroom models with practical finance problems across a compressed cohort sequence. It suits an applicant with calculus, statistics and economics preparation who wants a technology-oriented finance degree and can fund an intensive campus schedule.

  • The Fintech concentration adds data science, financial econometrics, database management, data visualization and predictive modelling.
  • Sample courses include Advanced Derivatives, Fixed Income Securities, Investment Strategies and Wealth Management.
  • A University Affiliation Program ties the curriculum to investment management and Chartered Financial Analyst exam preparation.

Current Admission Status

Applications for the Spring 2027 intake are Not Yet Open. International student deadline: 10 November 2026.

The application opens on 1 September 2026, and the priority deadline is 1 October 2026. Because Clark publishes no deadline time or time zone, Indian applicants should use the portal timestamp and submit before the displayed cutoff.

Also Check: Clark University Finance Admission

Clark University Finance, M.S. Fees and Living Costs 2027

Spring 2027 tuition is confirmed at the 2026-27 School of Business rate. Clark lists the Finance, M.S. programme at US$5,695 per course/unit (INR 5.45 Lakhs), and the 10-unit curriculum makes tuition US$56,950 (INR 54.49 Lakhs) by calculation.

The fee schedule also lists service, technology, student council, orientation, international student and health insurance charges. The table separates the published rates from the calculated 10-unit tuition and three-semester planning amounts.

Fee itemPublished or calculated basisAmount (USD)INR equivalentCycle or condition
Finance, M.S. tuitionPer course/unitUS$5,695INR 5.45 Lakhs per unit2026-27 School of Business rate
10-unit tuition baseline10 units at the published rateUS$56,950 calculatedINR 54.49 Lakhs calculatedProgramme tuition only
Application feeOne-time, non-refundableUS$75INR 7,176Graduate application
Full-time service feePer semesterUS$500INR 47,841 per semesterSchool of Business
Science, technology, engineering and mathematics programme technology feePer full-time semesterUS$350INR 33,489 per semesterFinance, M.S. listed as affected programme
Student council feePer full-time semesterUS$45INR 4,305 per semesterCampus-based students
Graduate orientation feeOne-timeUS$125INR 11,960Graduate matriculation
International student feeOne-timeUS$375INR 35,881First matriculation
Health insuranceAnnualUS$2,833INR 2.71 LakhsWaiver requires approved comparable U.S. coverage
Application plus three-semester listed academic feesCalculated, excluding health insuranceUS$3,260 calculatedINR 3.12 Lakhs calculatedOne application fee plus three semesters

Source: Clark University 2026-27 tuition and fee schedule; tuition totals and three-semester amounts are calculated from published rates.

All INR conversions in the article use a conversion rate of USD 1 = INR 95.6816 as of 20 August 2026. Rates fluctuate daily, verify before applying.

  • The calculated 10-unit tuition is US$56,950 (INR 54.49 Lakhs), so the programme crosses INR 50 Lakhs before housing and insurance.
  • Scholarship percentages reduce tuition only, while housing, technology fees, health insurance and international fees remain separate budget items.
  • A Spring 2027 entrant should ask Clark whether the published 2026-27 per-unit rate will carry into the later terms of the three-semester sequence.

Cost of Living in Worcester for Finance Students

Clark’s 2026-27 graduate housing rate is US$11,920 (INR 11.41 Lakhs) for a full academic year. The university also lists a standard meal plan at US$5,780 (INR 5.53 Lakhs), with utilities included in the graduate housing rate.

The monthly figures below are calculated by dividing published full academic-year totals by 10 months, matching the 3 August 2026 to 31 May 2027 housing contract approximately. Clark does not publish separate food, transport or personal-expense figures on these checked pages, so those costs are excluded.

ExpenseMonthly (USD)Monthly (INR)Published annual (USD)Published annual (INR)
Graduate single housing, utilities includedUS$1,192 calculatedINR 1.14 Lakhs calculatedUS$11,920INR 11.41 Lakhs
Standard meal planUS$578 calculatedINR 55,303 calculatedUS$5,780INR 5.53 Lakhs
Housing and standard meal planUS$1,770 calculatedINR 1.69 Lakhs calculatedUS$17,700 calculatedINR 16.93 Lakhs calculated

Housing is the clearest fixed living benchmark because Clark publishes a graduate-specific single room with utilities included. The Spring-only graduate housing price is US$5,960 (INR 5.70 Lakhs), so a Spring entrant should reserve housing early because rooms are limited and first come, first served. The standard spring meal plan is US$2,890 (INR 2.77 Lakhs).

Calculated three-semester planning illustration: US$91,010 (INR 87.08 Lakhs). It adds US$56,950 (INR 54.49 Lakhs) tuition and US$3,260 (INR 3.12 Lakhs) application and listed academic fees. It also applies 1.5 times the published US$17,700 (INR 16.93 Lakhs) housing and meals. The illustration adds 1.5 times US$2,833 (INR 2.71 Lakhs) annual health insurance. This is a current-rate planning illustration, not a university-published programme total, and excludes books, travel and later rate changes.

Check Out: Cost of Studying in the USA

Student perspective

One university-level student review described shared housing with first-month, last-month and security deposits. Indian applicants should keep a separate move-in reserve and verify current lease terms with Clark housing staff.

These comments are anecdotal and do not replace official Clark University data.

Key insight: Tuition is the largest fixed charge, but housing and insurance push the current-rate three-semester planning illustration to INR 87.08 Lakhs. Confirm later-term rates before accepting an offer.

Clark University Finance, M.S. Admission 2027

Clark does not publish a programme-specific minimum grade point average (GPA) for the M.S. Finance. It also does not require the Graduate Management Admission Test (GMAT) or Graduate Record Examinations (GRE) for this programme. The current policy reserves these tests for the on-campus MBA.

The academic fit is quantitative rather than work-experience driven. Applicants must complete Economic Theory, Statistics and Calculus before starting, while the admissions committee reviews the wider academic record, statement, recommendations, resume and English scores.

Academic Eligibility and Selection Evidence

The main readiness test is prior quantitative coursework. Clark’s current master admissions policy requires transcripts from every institution and final degree confirmation before enrolment, but it does not state an Indian percentage conversion for the Finance, M.S.

RequirementCurrent published positionIndian applicant action
Academic recordThe committee evaluates the undergraduate academic record; no programme-specific GPA floor is published.Show cumulative percentage, 10-point Cumulative Grade Point Average (CGPA) and the grading scale used by the institution.
Prerequisite courseworkEconomic Theory, Statistics and Calculus must be completed before starting the programme.Mark the matching subjects and course titles clearly on the transcript or academic explanation.
Transcripts and degreeFull academic transcripts from all institutions and final confirmation of the earned degree are required before enrolment.Arrange original-language records with English translations and keep the final degree certificate ready.
GMAT or GREThe current policy identifies the on-campus MBA as the programme requiring GMAT or GRE.Do not spend on a test for this programme unless Clark requests additional evidence for your file.
Application materialsResume, personal statement, letters of recommendation and a US$75 application fee (INR 7,176) are listed.Use recommenders who can describe analytical ability, communication and readiness for finance coursework.

The current graduate admissions requirements page evaluates every application component together. This means a strong transcript cannot replace missing prerequisites, and a complete file should explain how Indian coursework maps to Clark’s finance preparation.

English Language Proficiency for Indian Applicants

Indian applicants can use International English Language Testing System (IELTS), Pearson Test of English (PTE) or Duolingo, with two TOEFL scales listed. The Test of English as a Foreign Language (TOEFL) is published on both 0 to 120 and 1 to 6 scales. Clark lists the exact thresholds below, so applicants should submit the scale accepted by the university rather than convert it independently.

Test routePublished requirementIndian applicant action
IELTS6.5 overall, with no sub-score below 6Plan for 6.5 overall and at least 6 in every band.
TOEFL 0 to 120 scale85 overall, with no sub-score below 20Send the official result on the 0 to 120 scale if using this route.
TOEFL 1 to 6 scale4.5 overall, with no sub-score below 4Send the exact new-scale result if Clark confirms that scale for your test date.
PTE Academic61 overall, with no band below 55Check that the official score report reaches Clark before the deadline.
Duolingo English Test120 overall, with no sub-score below 100Use this route when the full sub-score profile meets the published floor.
PEXT, a Clark-listed alternate route71 overall, with no sub-score below 65Confirm that Clark accepts this route for the target intake before booking it.

Clark’s published English waiver list does not include India. A waiver may apply after at least two years of in-person study in a listed country, so Indian applicants should prepare a test unless Clark confirms an individual exemption.

  • Complete Economic Theory, Statistics and Calculus before enrolment because the curriculum starts with quantitative finance.
  • Use the current TOEFL policy exactly as printed because self-conversion between the two scales can misstate eligibility.
  • Send official transcripts with original-language records and English translations before enrolment because Clark rejects untranslated submissions.
Tip for Indian students: No GMAT or GRE does not remove selection risk, because Clark shifts attention to quantitative preparation, academic record, English performance and fit with the cohort curriculum.

Clark University Finance, M.S. Application 2027

Spring 2027 is the current applicant-accessible target for Clark’s M.S. Finance. The university page lists an application opening on 1 September 2026, a priority deadline on 1 October 2026 and an international final deadline on 10 November 2026.

The page lists dates without decision dates, time of day or time zone. Indian applicants should rely on the portal timestamp because Clark’s displayed cutoff controls the submission.

Spring 2027 Application Stages

The confirmed Spring 2027 sequence is compact, and the priority date is the practical funding milestone because scholarship consideration is part of admission review.

The current graduate deadline page is the date authority for Spring 2027. It does not publish a decision date or clock time.

StagePublished dateIndian applicant readingAction
Application opens1 September 2026Date published; time zone not statedPrepare the portal profile and upload draft materials before opening.
Priority deadline1 October 2026Date published; no reliable IST time conversion availableSubmit scholarship essays, video material and the complete admission file by the portal cutoff.
Final deadline, international10 November 2026Date published; no reliable IST time conversion availableEnsure official English scores, transcripts and degree evidence are received.

The curriculum page confirms January and September starts. Clark’s current deadline page does not publish a Fall 2027 international deadline after the target-year checks, so applicants should not project Spring dates onto September entry.

Documents and Submission Plan

The application is complete only when academic, narrative and language evidence arrive together. Clark requires an application fee, resume, personal statement, recommendations, full transcripts and official English scores for international applicants.

Application componentPublished requirementIndian applicant action
Application formComplete the graduate application and track materials through the applicant portal.Choose the Finance, M.S. programme and Spring 2027 entry before uploading documents.
ResumeList colleges, degree type, GPA and month or year of graduation, plus work, internship or volunteer experience.Highlight quantitative projects, finance exposure and software used in analysis.
Personal statementExplain professional goals, academic interests, relevant experience and plans; the statement should not exceed 800 words.Connect the internship, Fintech concentration or investment interests to a specific career plan.
RecommendationsUse referees who can assess intellectual and analytical ability, communication, independence and initiative.Choose faculty or supervisors who can verify quantitative preparation and finance potential.
TranscriptsSubmit records from every institution, with final degree confirmation before enrolment.Provide the original language and English translation together.
English scoresSubmit official IELTS, TOEFL, PTE, Duolingo or another published route when required.Send results early enough for the score report to reach Clark by the selected deadline.
Scholarship materialsFiat Lux requires a written essay and 1 to 3 minute video; Dean’s requires a 500 to 1,000 word essay.Submit these with admission materials by the priority date for funding consideration.
  • Use 1 October 2026 as the funding checkpoint because Clark assesses scholarship materials during admission review.
  • Explain how Economic Theory, Statistics and Calculus appear in your transcript before the committee has to infer equivalence.
  • Reserve Spring graduate housing from 26 October 2026 because Clark says rooms are limited and allocated first come, first served.
  • Use the final international date only when official scores and translated transcripts can reach the portal by the displayed cutoff.
Application tip: The 1 October 2026 priority date is both the funding checkpoint and the safer submission target for resolving transcripts, English scores and Spring housing.

Clark University Finance, M.S. Scholarships 2027

Clark publishes four general merit tuition awards for full-time master’s students. The current policy also describes a 50% tuition award for eligible Beta Gamma Sigma members in in-person programmes, but none of these awards is separately labelled for Spring 2027.

Scholarship consideration occurs during admission review, and awards are final when admission is offered. The current Clark tuition and scholarship policy states that awards cover tuition only, so fees, books, housing and health insurance remain in the funding plan.

The following values are current published policy beginning with Fall 2026 applicants. Clark lists no separate Spring 2027 scholarship deadline, making 1 October 2026 the practical funding checkpoint for the announced intake.

AwardCurrent published valueEligibility or profileApplication route and timing
Fiat Lux Scholarship75% tuitionFull-time master’s applicants with a strong academic and mission fit.Written essay plus a 1 to 3 minute video essay submitted with admission materials.
Dean’s Scholarship50% tuitionFull-time master’s applicants showing commitment to Clark’s mission and chosen field.Written essay of 500 to 1,000 words submitted with admission materials.
School Awarded Scholarship30% tuitionFull-time master’s applicants assessed during the admission review.No additional materials listed; submit the complete file by the priority checkpoint.
Merit Scholarships15% tuitionFull-time master’s applicants assessed on academic potential and professional focus.No additional materials listed; submit the complete admission file.
Beta Gamma Sigma scholarship50% tuition for in-person programmesApplicants who meet Beta Gamma Sigma membership or eligibility conditions.Confirm membership conditions and route with the School before using the award in a budget.

Tuition-only awards do not create a full funding plan. A 75% tuition award leaves the application fee, semester charges, insurance, housing, meals, travel and other living costs outside the stated award value.

Clark says scholarship awards cannot be adjusted after admission. Indian applicants should therefore submit a polished scholarship file at the first practical deadline rather than expect a later review to improve the percentage.

  • Submit the Fiat Lux video and essay by the 1 October 2026 priority checkpoint because Clark assesses scholarships during admission review.
  • Use the Dean’s essay to connect quantitative finance preparation with a specific professional goal and Clark’s mission.
  • Budget fees, housing, meals and insurance separately because every listed award is tuition-only.
  • Count the Beta Gamma Sigma award only after confirming membership conditions and the Spring 2027 application route.

Also Check: Scholarships for Indian Students in the USA

Scholarship reality: The 75% award can materially reduce tuition, but the current policy does not publish a Spring 2027 award deadline or coverage for non-tuition costs. Apply by 1 October 2026 and plan the remainder without assuming an award.

Clark University Finance, M.S. Salary 2027

No course-cohort salary or offer rate is published for Clark’s M.S. Finance. The closest official evidence is the School of Business graduate outcomes proxy for the Class of 2025, which combines multiple graduate programmes and cannot be read as programme-specific.

The report says 98% of respondents had plans within six months, with 90% working full-time and 4% starting businesses. It also reports an average salary of US$72,778 (INR 69.64 Lakhs) and a high salary of US$125,000 (INR 1.20 Crore) in U.S. dollars.

Published Employment Evidence and Scope

Clark reports school-level employment evidence rather than a Finance, M.S. placement report. The percentages below therefore indicate the broader School of Business graduate cohort, not the probability of an outcome for a Finance student.

Evidence scopeCohortPublished measureFigureApplicant meaning
School of Business graduate outcomes proxyClass of 2025Respondents with plans within six months98%Broad school-level planning result, not a programme placement rate.
School of Business graduate outcomes proxyClass of 2025Working full-time90%Useful for context, but the programme mix is not identified.
School of Business graduate outcomes proxyClass of 2025Starting a business4%Entrepreneurship is reported as a small outcome category.
School of Business graduate outcomes proxyClass of 2025Doing something else3%Shows that the published outcome categories do not represent every respondent as employed.
Salary measureCohort and scopeAmount (USD)INR equivalentInterpretation
Average salarySchool of Business graduate outcomes proxy, Class of 2025US$72,778INR 69.64 LakhsGross average across the published graduate outcomes scope.
High salarySchool of Business graduate outcomes proxy, Class of 2025US$125,000INR 1.20 CroreHighest reported figure, not a typical starting salary or programme guarantee.

Source: Clark University School of Business graduate outcomes, Class of 2025; scope is school-level, not programme-specific.

Clark’s alumni page profiles one M.S. Finance graduate who used the 4+1 route, worked at J.P. Morgan Wealth Management and later joined a university endowment. This individual case shows a possible path, not a typical placement probability or an employer commitment to the programme.

Return on Investment (ROI) for Indian Applicants

ROI depends on the funding gap, evidence scope and work window. The current-rate three-semester planning illustration is US$91,010 (INR 87.08 Lakhs), before later rate changes and personal costs.

  • The current-rate budget is INR 87.08 Lakhs before personal costs, so compare sanctioned funding with this base and add later tuition changes.
  • The Class 2025 proxy reports 90% full-time work and US$72,778 (INR 69.64 Lakhs) average salary across Business graduate programmes, so request programme-specific data before repayment modelling.
  • The STEM (science, technology, engineering and mathematics) designation may allow 36 months of Optional Practical Training, but confirm the student visa document and degree classification because employer conditions apply.
  • Published salary figures are gross American pay, and take-home varies with federal and state tax, so run the current figure through an American tax calculator before setting loan repayment.
  • For an India-return plan, evaluate the finance, Fintech and quantitative skills directly rather than assigning value to an uncertain employer-sponsored United States work visa.

Student perspective

One separate university-level comment valued job and internship resources but mentioned fewer career fairs and limited campus jobs. This is anecdotal and not programme-specific, so ask Career Services about current finance recruiting events and campus-work eligibility.

ROI reality: Clark’s Class 2025 outcomes support a cautious ROI case only at School of Business level. Ask for programme-specific evidence and size funding against INR 87.08 Lakhs before enrolling.

United States Visa for Clark Finance M.S. Students 2027

International students normally use F-1 academic student status for this full-time, on-campus degree. Clark sponsors F-1 status for accepted full-time graduate students, but F-1 students cannot study part time. The U.S. student visa fee schedule lists US$185 (INR 17,701). I-901 SEVIS (Student and Exchange Visitor Information System) costs US$350 (INR 33,489), separate from Clark charges. Clark identifies the degree as STEM, meaning science, technology, engineering and mathematics, with possible 12-month Optional Practical Training and a further 24-month extension under federal rules.

  • The 12-month Optional Practical Training period and 24-month STEM extension require eligible degree coding, qualifying employment and timely applications, so confirm the student visa document with Clark.
  • The required professional internship needs employment authorization, so ask Clark’s International Students and Scholars Office about Curricular Practical Training before accepting a placement.
  • F-2 status can cover a spouse and unmarried children under 21, but F-2 dependants cannot work.
  • There is no fixed Finance-linked specialty-occupation visa salary threshold or permanent-residence timeline, because employer sponsorship, wage rules, category requirements and visa availability control.

Read More: USA Post-Study Work Visa

Visa reality: STEM status creates a possible 36-month work window, not an employment guarantee. Confirm degree coding and preserve an India-return funding plan before paying the deposit.

Clark University Finance, M.S. Ranking 2027

Clark’s Finance M.S. appears in the QS Masters in Finance 2026 rank band of 151 to 200. The ranking covers a Masters in Finance programme at Clark’s School of Business, and the current edition is the latest published in the checked source.

QS (Quacquarelli Symonds) publishes this as a programme-level business masters ranking. It is a visibility signal, not a salary, admission or placement measure.

RankingEditionScopePositionPrevious edition
QS Business Master’s Rankings: Finance2026Masters in Finance, Clark University School of Business151 to 200151+ in 2025

Clark’s own graduate rankings page identifies Finance among QS’s recognised subject categories without publishing a programme position. The band above should therefore not be converted into an overall university rank or an employer preference claim.

  • The 2026 band gives a range rather than a single position, so use the curriculum, funding and programme outcome evidence for programme choice.
  • The ranking is programme-specific, but its scope does not resolve the separate question of course-cohort salary or placement rate.
Honest take: The QS Finance band adds external visibility, but it cannot offset an INR 87.08 Lakhs planning illustration or the absence of programme-specific salary data. Verify funding first.

Clark’s Finance M.S. fits Indian applicants with Economic Theory, Statistics and Calculus who want a three-semester, STEM-designated, practice-oriented finance degree. The required internship and Fintech option support applied preparation. The current-rate three-semester planning illustration reaches US$91,010 (INR 87.08 Lakhs) before personal costs and later changes. The main tradeoff is that salary evidence is school-level rather than programme-specific, so the published 90% full-time figure cannot prove repayment. Submit by 1 October 2026 if scholarship consideration matters, and verify the later-term fee rate, degree coding and current programme outcomes before accepting.

Clark University Finance, M.S. FAQs

Ques. Is Clark University M.S. Finance suitable for an Indian applicant without a finance bachelor’s degree?

Ans. Clark’s current page does not state a finance bachelor’s degree requirement, but it requires Economic Theory, Statistics and Calculus before starting. Applicants from other quantitative degrees should show those subjects clearly and explain any missing preparation.

Ques. Does Clark University require GMAT or GRE for the M.S. Finance?

Ans. No. The current graduate policy identifies the on-campus MBA as the programme requiring GMAT or GRE, so Finance applicants should focus on transcripts, prerequisites, recommendations, the statement and English scores.

Ques. What is the total cost of Clark University M.S. Finance for Spring 2027?

Ans. Clark lists US$5,695 per unit (INR 5.45 Lakhs), and 10 units calculate to US$56,950 (INR 54.49 Lakhs). A current-rate three-semester planning illustration is US$91,010 (INR 87.08 Lakhs) including listed fees, housing, meals and health insurance, excluding later changes, books and travel.

Ques. Can Indian students receive a Clark University Finance M.S. scholarship?

Ans. Full-time master’s applicants may be considered for current published 15%, 30%, 50% and 75% tuition awards. No separate Spring 2027 scholarship deadline is published, so submit the complete file by the 1 October 2026 priority checkpoint and include any required essay or video.

Ques. Can Clark Finance M.S. graduates work in the United States for 36 months?

Ans. The programme is STEM designated, and eligible graduates may use 12 months of Optional Practical Training plus a 24-month extension when degree coding, employment and federal conditions qualify. This is not automatic, while an employer-sponsored U.S. work visa and permanent residence have no fixed course-linked timeline.


Tuition Fees

Year1st Year Fees
Tuition Fees$33000

Other Expenses

HeadAvg Cost Per Year
Housing and Food$16000
Personal Expenses$1000

Previous Year Tuition Fees

Year1st Year Fees
2024$27500

Important Dates

EventApplication Date
Regular Application Deadline For Fall 2026 Intake Feb 15, 2026
Final Application Deadline For Fall 2026 Intake Jun 1, 2026

Scores Required

6.5 / 9

Avg. Score in

IELTS

4.5 / 6

Avg. Score in

TOEFL

61 / 90

Avg. Score in

PTE

120 / 160

Avg. Score in

Duolingo

75

Application Fees


Ranking

20232022

Times Higher Education logo
Finance 601 out of 1501 in Global Ranking
( #54 out of 161 in USA 2023)

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TOP Scholarships

Scholarship nameAward amountEligibility
Fiat Lux Scholarship75% tuitionHighest graduate scholarship for the most outstanding applicants
Dean’s Scholarship50% tuitionTop 10% of admitted students demonstrating outstanding achievements
Beta Gamma Sigma (BGS) Scholarships30-50% tuitionMembership in Beta Gamma Sigma honor society
School-Awarded Scholarship30% tuitionTop 25% of admitted students based on academic excellence
Merit Scholarship15% tuitionAwarded to approx. 75% of admitted students based on academic merit



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