MS Financial Management at Boston U: Fees 2026 Dates & Requirements

MS Financial Management at Boston U: Fees 2026 Dates & Requirements

Boston, MassachusettsLocation
UniversitySchool type
Estd1839established year
37557enrollment
Private (Not for Profit)
7.4/10

Master of Science [MS] (Financial Management)

1 year
Full Time
Online & On Campus

Field of Study

Ranked #78 out of 650 by QS Global Ranking 2025

$69,870 /Yr

3 Students Applied
1 Students Admitted
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Study Abroad Team

Updated on - Aug 14, 2026

Boston University Master of Science (MS) in Financial Management is a full-time, on-campus graduate programme at Boston University’s Metropolitan College in Boston, Massachusetts. The MS requires 32 units and normally takes 8 to 12 months on this route. It accepts Spring 2027 entry, requires a bachelor’s degree or equivalent, and lists 2026-27 tuition and fees of US$74,072 (INR 70.69 Lakhs).

The curriculum trains students in quantitative analysis, statistical modelling, forecasting, programming, portfolio management, and financial decision-making. Four concentrations and an optional master’s thesis let applicants build either a focused finance pathway or a research-led extension. The best fit is an applicant ready for data-heavy coursework and Boston’s finance ecosystem, while the tuition and living budget remain material tradeoffs.

  • The curriculum includes analytics laboratories using advanced Excel, R statistical software, and Python.
  • Students may select Artificial Intelligence Applications, International Finance, Investment Analysis, or Sustainability.
  • Boston University’s Metropolitan College (BU MET) offers both on-campus and online delivery, allowing applicants to separate the visa route from the flexible study route.

Current Admission Status

Applications for the Spring 2027 intake are Open. International student deadline: 15 October 2026.

For Indian applicants seeking an F-1 (academic student) visa, the deadline applies to the full-time on-campus route. Online study does not qualify for visa sponsorship, so confirm the delivery mode before submitting.

Also Check: Boston University Financial Management Admission

Boston University MS Financial Management Fees and Living Costs 2027

For Spring 2027, the relevant published fee basis is the 2026-27 full-time rate for 12 or more units per semester. Completing the 32-unit degree in two 16-unit semesters produces the programme total shown below.

Target-cycle fee basis: BU MET publishes separate tuition, graduate student services fees, and health and wellness fees for fall 2026 through spring 2027. The application fee applies to the on-campus graduate application and is separate from tuition.

ChargeCalculation or timingAmount in US dollarsAmount in INR
TuitionUS$36,512 per semester for two semestersUS$73,024INR 69.69 Lakhs
Graduate student services and health and wellness feesUS$524 per semester for two semestersUS$1,048INR 1.00 Lakhs
Programme tuition and fees32 units completed in two full-time semestersUS$74,072INR 70.69 Lakhs
On-campus graduate application feeOne-time, nonrefundable feeUS$85INR 8,112

All INR conversions in the article use a conversion rate of USD 1 = INR 95.4309 as of 14 August 2026. Rates fluctuate daily, verify before applying.

The published full-time tuition is charged per semester, so a longer completion plan can change the total. The two-semester figure is calculated from two tuition charges of US$36,512 (INR 34.84 Lakhs) and two fee charges of US$524 (INR 50,006). That arithmetic matches the university’s published US$74,072 (INR 70.69 Lakhs) programme total.

  • The published full-time tuition is charged per semester, so a longer completion plan can change the total.
  • The on-campus application fee is paid before admission and is not part of the published programme total.
  • Online study uses a different part-time pricing structure and does not support an F-1 visa, so its lower range is not a comparison for this route.

Cost of Living in Boston for Financial Management Students

Boston University’s official 2026-27 Charles River Campus estimate lists housing and food, books, incidentals, and health insurance for a nine-month academic year. The estimate is designed for immigration documentation and is not a precise rent quote.

Monthly figures below are calculated by dividing each annual estimate by nine. The calculation helps Indian applicants plan cash flow without presenting a combined university estimate as a detailed landlord budget.

ExpenseMonthly in US dollarsMonthly in INR9-month estimate in US dollars9-month estimate in INR
Housing and foodUS$2,329.89INR 2.22 LakhsUS$20,969INR 20.01 Lakhs
Books and suppliesUS$145.89INR 13,922US$1,313INR 1.25 Lakhs
Incidentals, including transportation and personal expensesUS$554.67INR 52,932US$4,992INR 4.76 Lakhs
Health insuranceUS$412.78INR 39,392US$3,715INR 3.55 Lakhs
Living and indirect costsUS$3,443.22INR 3.29 LakhsUS$30,989INR 29.57 Lakhs

The university combines housing and food rather than publishing a separate residence-price range in this estimate. It also states that the figures are estimates, so applicants should request current housing and insurance charges before paying a deposit.

The calculated budget is US$105,061 (INR 1.00 Crore). It combines tuition and fees of US$74,072 (INR 70.69 Lakhs) with nine-month living costs of US$30,989 (INR 29.57 Lakhs). This total excludes the US$85 (INR 8,112) application fee, US$185 (INR 17,655) student visa fee, US$350 (INR 33,401) SEVIS fee, travel, and any summer coursework.

Read More: USA Cost of Living for Students

Budget note

Use the US$105,061 (INR 1.00 Crore) figure as a nine-month planning base. Add visa, travel, deposits, and summer study before arranging funds.

ROI (Return on Investment) reality: Boston’s nine-month estimate and the programme bill reach US$105,061 (INR 1.00 Crore). Secure funding evidence before the 15 October 2026 international deadline.

Boston University MS Financial Management Admission 2027

Admission requires a bachelor’s degree from an accredited US institution or an equivalent international credential. BU MET lists no course-specific grade point average (GPA) cutoff for the MS in Financial Management. Academic equivalency and a complete application therefore matter more than a published numeric threshold.

Indian applicants can apply with a three-year international undergraduate degree because BU MET names that credential as an example of an equivalent qualification. The university makes the equivalency decision, and the on-campus route also requires the English, transcript, and financial documentation needed for F-1 processing.

Academic Eligibility and Application Documents

The table separates the published academic threshold from the documents used to assess readiness. A complete application should show both degree equivalency and a credible connection between finance study and the applicant’s professional direction.

RequirementCurrent BU MET positionIndian-applicant action
Academic qualificationBachelor’s degree from an accredited US institution or an equivalent credential, such as a three-year international undergraduate degreeUpload the full degree record and let BU determine equivalency; no Indian percentage or 10-point CGPA (Cumulative Grade Point Average) conversion is published
GPANo course-specific minimum is published on the current admissions pageUse transcripts, finance coursework, quantitative preparation, and the short answer to demonstrate readiness
TranscriptsTranscripts are required from each college and graduate school attended; unofficial copies can be uploadedKeep semester marksheets and the final degree certificate ready, with certified translations when a record is not in English
Resume or curriculum vitae (CV)A current resume or curriculum vitae is requiredShow analytical tools, finance projects, internships, employment, and measurable responsibilities
Professional short answerApplicants answer how the chosen programme aligns with their professional goalsConnect a chosen concentration with a defined finance role and explain the skills that role requires
Letters of recommendationLetters are not required for this master’s programme; BU lists one-letter exceptions for other programmesUse the saved application space for a precise goal statement and evidence of quantitative preparation
Work experienceNo course-specific work-experience requirement is publishedRecent graduates may apply, while relevant finance experience can clarify the intended career transition
GRE (Graduate Record Examination) or GMAT (Graduate Management Admission Test)These exams are not required for MET graduate admissionDo not delay the application for a test BU does not require; strengthen the transcript and professional narrative instead

BU MET generally does not require a credential evaluation when an English transcript includes course grades, semester grades, and a cumulative GPA. If an evaluation is requested or chosen, the university names NACES (National Association of Credential Evaluation Services) members including WES (World Education Services) and ECE (Educational Credential Evaluators).

The current official page shows #12 for MET online master’s degrees in business programmes excluding Master of Business Administration (MBA). That scope is online and institution-level, so it is not treated as a ranking of this on-campus MS in Financial Management route.

English Language Proficiency Requirements

BU MET accepts TOEFL (Test of English as a Foreign Language), IELTS (International English Language Testing System), and Duolingo English Test results. It publishes recommended overall scores rather than a course-specific minimum, while the TOEFL line preserves both listed scales.

Score scale note: The table reproduces BU’s current wording and does not convert TOEFL scores between versions.

TestPublished recommendationWhat Indian applicants should do
TOEFL iBT (internet-based test)Recommended overall internet-based TOEFL score is 84, or 4.5 within the new scoring system taking effect January 2026Submit the scale shown on the valid score report and use BU’s institution code 3087
TOEFL EssentialsRecommended score is 9Use this route only after confirming the test format and score-report process with MET
IELTSRecommended overall band score is 6.5Self-report the score and request official release to Boston University Graduate Programs
Duolingo English TestRecommended overall score is 115Email the requested identity and test details to MET after the result becomes available
  • Indian applicants with an English-medium degree should retain an official language-of-instruction statement because BU may request supporting documentation.
  • The English requirement may be waived for a native English speaker, an English-medium degree holder, or someone with two years of full-time post-bachelor’s US employment.
  • Scores remain valid for review for up to two years, so schedule the test early enough to resolve reporting or waiver questions before submission.

BU retains the right to request an English test after reviewing the application, even when an applicant appears to meet a waiver condition. Read the current BU MET international application requirements before sending transcripts or scores.

Tip for Indian students: BU publishes no GPA cutoff, but this programme is quantitatively oriented. Show finance, statistics, analytics, and career evidence in the transcript and short answer.

Boston University MS Financial Management Application 2027

BU MET uses rolling admission for its September, January, and May starts, with the Spring 2027 international on-campus deadline set for 15 October 2026. The admissions committee reviews complete applications on an ongoing basis, but the university does not publish a fixed decision date.

The target route is full-time and on campus because an F-1 student must maintain at least 12 units, while online applicants follow a different delivery and visa pathway. Submit the complete file early enough to resolve transcript, English-score, and financial-document questions before the published deadline.

International Application Deadlines and Start Dates

The current BU MET international admissions page lists three full-time on-campus starts for the 2027 cycle. The table excludes domestic and online deadlines because they do not govern this Indian applicant route.

Deadline context: BU publishes calendar dates without a clock time or stated timezone on the page. The application portal’s displayed cutoff controls, so verify the live portal before submission.

IntakeInternational on-campus deadlineOn-campus start dateApplication timing
Spring 202715 October 202619 January 2027Target window open
Summer 202715 February 202718 May 2027Published future window
Fall 20271 June 20272 September 2027Published future window

Spring 2027 is the earliest applicant-accessible intake because the Fall 2026 international deadline has passed. Choose Spring when the academic record, score report, funding evidence, and visa plan can be completed by October.

Application Strategy for Indian Applicants

Start by selecting the full-time on-campus mode and a concentration that matches the professional short answer. The file then needs to prove academic equivalency, quantitative readiness, English proficiency, and the ability to fund Boston study.

StageWhat to completeWhy it matters
Mode and concentrationChoose full-time on-campus study and select a concentration or the no-concentration routeThe choice affects visa eligibility, course planning, and the professional goal statement
Academic fileUpload transcripts from every institution and a current resume or CVBU uses the complete record to assess international equivalency and preparation
English evidenceSubmit a recommended test score or document a possible waiverBU may request a test after reviewing the file, even when a waiver condition appears applicable
Professional short answerExplain how the chosen programme aligns with professional goalsA specific role and skill plan makes the application more coherent than a generic finance statement
Complete submissionPay the on-campus application fee and submit the complete file by the international deadlineRolling review begins only after the committee has the materials needed for a full evaluation
After admissionAccept the offer, provide passport and financial documentation, and request the immigration certificateBU needs funding evidence for visa documentation, and processing can require several months
  • For Spring 2027, submit the complete file by 15 October 2026 and plan immigration documentation by the 15 November 2026 I-20 request deadline.
  • For Summer 2027, use the 15 February 2027 application deadline and the 15 March 2027 I-20 request deadline.
  • For Fall 2027, use the 1 June 2027 application deadline and the 1 July 2027 I-20 request deadline.

The I-20 (Certificate of Eligibility for Nonimmigrant Student Status) request deadline is separate from admission. Applicants outside the United States should submit immigration documents at least three months before the start term, while current F-1 transfers have a separate two-month schedule.

Read the current BU MET graduate application page for the live portal and programme-wide deadline table. The page confirms rolling review but does not promise a decision interval, so avoid booking travel before receiving the university’s formal outcome.

Check Out: Boston University Courses and Fees

Timing note

Spring 2027 suits an applicant with a complete file by 15 October 2026. Choose Fall 2027 only when extra preparation improves score, funding, or transcript readiness.

Application tip: Submit a complete Spring 2027 file before 15 October 2026, then reserve time for BU’s separate immigration-document deadline before arranging travel or housing.

Boston University MS Financial Management Scholarships 2027

BU MET automatically considers all master’s applicants for a merit scholarship, but the current page does not publish a fixed award amount. For Spring 2027, submitting a complete application by the 15 October 2026 international deadline is the route to consideration.

Funding is possible through four named BU routes, although each has a different purpose and timing. Indian applicants should treat scholarship support as uncertain until the award appears in writing, then recalculate the remaining tuition and living budget.

Named Funding Routes for Eligible Applicants

The table includes only support described on current BU pages for master’s students, full-time on-campus students, enrolled MS in Financial Management students, or MET graduate students. A published cycle-specific award amount or separate scholarship deadline is not stated for these routes.

Funding routeEligibilityApplication route and timing
Merit ScholarshipDomestic and international applicants seeking a BU MET master’s degreeNo additional application; the admissions committee nominates eligible admitted students and sends the decision with the admission outcome
Bridge to Boston ScholarshipIncoming master’s students admitted to full-time, on-campus study who have not started classesApply after admission and before the first semester with a short statement explaining how the award enables enrolment
MET Graduate AssistantshipMET graduate students, including Financial Management students, through the relevant department or programmeContact Administrative Sciences after admission; new students may apply, but continuing students may receive priority
Chartered Financial Analyst (CFA) Program Exam ScholarshipEnrolled students in the MS in Financial Management, which participates in the CFA Institute University Affiliation ProgramUse the programme or department route for registration support across the February, May, August, and November exam windows

BU does not publish a fixed value for the Merit Scholarship or Bridge to Boston Scholarship on the current pages. BU says the Bridge award supports full-time tuition and fees in fall and spring. Do not subtract an assumed amount from the US$74,072 (INR 70.69 Lakhs) programme bill.

Graduate assistantships can pay up to US$6,180 (INR 5.90 Lakhs) per semester. The work typically ranges from 3 to 20 hours weekly and supports living expenses.

The CFA Program Exam Scholarship covers Chartered Financial Analyst exam registration fees for all three levels, according to the Financial Management department page. It is a professional-exam benefit rather than tuition funding, and the current page does not state a target-cycle application deadline.

  • Submit a complete Spring 2027 admission application by 15 October 2026 to enter automatic Merit Scholarship consideration.
  • After admission, apply for Bridge to Boston before classes begin if the full-time on-campus condition matches your study plan.
  • Ask Administrative Sciences about assistantship availability after the offer because a published ceiling does not confirm a position.
  • Use CFA exam support as a credential-cost reduction only after confirming the current registration process with the department.

Also Check: Boston University Scholarships

Funding note

Use the gross programme cost until a written award confirms its value and eligibility period. Check whether support reduces tuition, fees, living costs, or only exam charges.

Scholarship reality: BU offers several funding routes, but only the assistantship ceiling is quantified publicly, so apply by 15 October 2026 without assuming a scholarship will make Boston affordable.

Boston University MS Financial Management Salary 2027

BU does not publish a course-cohort employment report, offer rate, placement rate, or cohort salary for the MS in Financial Management on the current programme page. The available salary evidence is a university-cited US labour-market benchmark, so it describes the occupation rather than a guaranteed graduate outcome.

The programme teaches financial analysis, forecasting, portfolio management, programming, and risk management, which map to roles such as financial analyst, finance manager, investment analyst, and financial planner. That curriculum fit is useful for career planning, but Indian applicants must still test the cost against funding, work authorization, and the possibility of returning to India.

External Career Benchmark

Evidence scope: The following figures come from Lightcast and the U.S. Bureau of Labor Statistics as cited by BU. They are external market indicators, not MS in Financial Management cohort outcomes or placement guarantees.

Market measurePublished figureINR equivalent where monetaryApplicant meaning
US jobs in the benchmark occupations1,185,897Not monetaryShows the scale of the market covered by the benchmark
Annual job openings155,927Not monetaryIndicates recurring demand across the covered occupations
Annual job-opening change+4.1%Not monetaryDescribes the benchmark’s annual opening change
Projected ten-year job growth8%Not monetaryProvides a long-term market signal rather than an individual hiring probability
Median annual salaryUS$100.5KINR 95.91 LakhsCompare it with gross costs and do not treat it as a starting salary

Source: Boston University programme page citing Lightcast and the U.S. Bureau of Labor Statistics; the benchmark is US labour-market evidence, not BU graduate outcomes.

BU also names companies where recent graduates have found opportunities, including JPMorgan, HSBC, Goldman Sachs, the Broad Institute of MIT and Harvard, PwC, and Pratt & Whitney. These examples show reported career destinations, not recruiters, hiring volume, or the probability that an MS in Financial Management graduate will receive an offer.

One named graduate example is Dezhen Liu, identified by BU as an MS Financial Management graduate and an actuarial analyst at Aetna. An individual alumni case demonstrates access to a possible outcome, but it cannot establish a typical salary, placement rate, or employer result for the cohort.

ROI Analysis for an Indian Applicant

The calculated two-semester education and nine-month living budget is US$105,061 (INR 1.00 Crore), before visa, travel, deposits, and summer-course costs.

  • The official budget is higher than one year of the external median salary benchmark, so compare scholarship letters, loan interest, and a cash-funded plan before committing.
  • No course-cohort salary or placement rate is published; request current employment evidence and map the curriculum to finance roles before using a repayment model.
  • Science, technology, engineering, and mathematics (STEM) status supports 12-month Optional Practical Training (OPT) and a possible 24-month extension; verify eligibility and plan your job search.
  • The benchmark measures US occupations rather than Indian salaries, so compare realistic India-return offers and foreign-currency debt exposure before treating the US median as a financial return.

The external median is a gross annual figure, so take-home pay will vary with taxes, location, benefits, and employment type. Use an official US tax withholding estimator for a personal calculation instead of converting the benchmark directly into repayment time.

Outcome scope

BU’s employer examples and alumni case show possible finance careers. The missing course-cohort report means funding decisions should use verified costs and conservative employment assumptions.

ROI reality: The programme offers quantitative finance training and possible extended work authorization. Missing cohort outcomes make funding discipline more important than the salary benchmark.

US Visa for Boston University MS Financial Management 2027

International students on the full-time, on-campus route normally use an F-1 (academic student) visa. This status requires at least 12 units at BU MET, while online study does not qualify for visa sponsorship. The programme is STEM (Science, Technology, Engineering, and Mathematics) designated. That designation can support eligible graduates seeking OPT (Optional Practical Training) for 12 months and a further 24-month STEM extension.

  • Initial charges are US$185 (INR 17,655) for the student visa and US$350 (INR 33,401) for SEVIS (Student and Exchange Visitor Information System), excluding any nationality-based issuance fee.
  • Eligible graduates may receive 12 months of post-completion OPT and seek a 24-month STEM extension, subject to degree, employer, status, and government conditions.
  • H-1B specialty-occupation status has no single course-specific salary threshold; the employer must pay the higher of the actual or prevailing wage for the occupation and location.
  • F-2 status may cover a spouse and unmarried minor children, but F-2 dependants are not employment-authorized, while permanent residence has no fixed course-linked timeline.

US work authorization depends on maintaining status and receiving the required school and government approvals. Confirm current interview, entry, and fee instructions on the official US student visa page before paying or scheduling.

Also Check: USA Student Visa Requirements

Visa note

The possible 36-month work window is not automatic. Confirm STEM eligibility, maintain full-time status, and plan the OPT filing sequence with BU’s designated school official.

Visa reality: The on-campus route can support F-1 study and a possible extended OPT period, but work authorization, H-1B sponsorship, and permanent residence remain separate approvals.

Boston University’s MS in Financial Management fits Indian applicants who hold an eligible bachelor’s degree and want a full-time Boston route combining finance, analytics, and concentration choice. The 32-unit curriculum’s programming, forecasting, portfolio, and optional thesis work suits applicants prepared for quantitative study rather than a purely theoretical finance degree. The material tradeoff is the calculated US$105,061 (INR 1.00 Crore) two-semester and nine-month budget, with no published course-cohort salary report to guarantee repayment. Start by matching your transcript and English evidence to the Spring 2027 file, then secure funding before the 15 October 2026 deadline.

Boston University MS Financial Management FAQs

Ques. Is Boston University MS Financial Management suitable for an Indian applicant without work experience?

Ans. Yes, BU MET does not publish a course-specific work-experience requirement for this programme. The stronger fit is an applicant whose degree record, quantitative preparation, and professional short answer support the data-heavy curriculum and chosen finance pathway.

Ques. What is the total cost for the Spring 2027 full-time on-campus route?

Ans. Tuition and fees are US$74,072 (INR 70.69 Lakhs). The official nine-month living and indirect estimate is US$30,989 (INR 29.57 Lakhs). Together they produce US$105,061 (INR 1.00 Crore), excluding application, visa, SEVIS, travel, deposits, and summer-course costs.

Ques. Which English test should an Indian applicant submit?

Ans. BU recommends TOEFL iBT 84 or 4.5 on its new scale, TOEFL Essentials 9, IELTS 6.5, or Duolingo English Test 115. Choose the score route you can report accurately, because BU preserves the TOEFL scales and may request a test even when a waiver appears applicable.

Ques. Which deadline should an Indian applicant follow for Spring 2027?

Ans. The international on-campus application deadline is 15 October 2026, and BU lists 19 January 2027 as the on-campus start date. Applicants outside the United States should also prepare the immigration documentation required by the separate 15 November 2026 spring I-20 request deadline.

Ques. Which BU funding options can reduce the financial burden?

Ans. All master’s applicants receive automatic Merit Scholarship consideration, while admitted full-time on-campus students can apply for Bridge to Boston before classes begin. MET assistantships can pay up to US$6,180 (INR 5.90 Lakhs) per semester when available, and CFA exam support covers registration fees rather than programme tuition.


Tuition Fees

Year1st Year Fees
Tuition Fees$69870

Other Expenses

HeadAvg Cost Per Year
Living Expenses$19862
Health Insurance$3715

Previous Year Tuition Fees

Year1st Year Fees
2025$69870
2024$70872
2023$63798
2022$58560
2021$58560

Important Dates

EventApplication Date
Application Deadline for Fall 2026 Intake Jun 1, 2026

Scores Required

4.5 / 6

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

115 / 160

Avg. Score in

Duolingo

85

Application Fees

32

ECTS Credits


Required Document List

Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
Documentation of Financial Support
Resume
Two Letters of Recommendation
Personal Statement


Ranking

20242023202220212020201920182017

QS World University logo
Finance 75 out of 351 in Global Ranking
( #21 out of 70 in USA 2024)

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TOP Scholarships

Scholarship nameAward amountEligibility
Merit-based Scholarships$5,000 and $30,000 per semesterAll admitted students are considered based on their financial need


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