Master of Science [MS] (Financial Management)
$69,870 /Yr
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.
| Charge | Calculation or timing | Amount in US dollars | Amount in INR |
|---|---|---|---|
| Tuition | US$36,512 per semester for two semesters | US$73,024 | INR 69.69 Lakhs |
| Graduate student services and health and wellness fees | US$524 per semester for two semesters | US$1,048 | INR 1.00 Lakhs |
| Programme tuition and fees | 32 units completed in two full-time semesters | US$74,072 | INR 70.69 Lakhs |
| On-campus graduate application fee | One-time, nonrefundable fee | US$85 | INR 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.
| Expense | Monthly in US dollars | Monthly in INR | 9-month estimate in US dollars | 9-month estimate in INR |
|---|---|---|---|---|
| Housing and food | US$2,329.89 | INR 2.22 Lakhs | US$20,969 | INR 20.01 Lakhs |
| Books and supplies | US$145.89 | INR 13,922 | US$1,313 | INR 1.25 Lakhs |
| Incidentals, including transportation and personal expenses | US$554.67 | INR 52,932 | US$4,992 | INR 4.76 Lakhs |
| Health insurance | US$412.78 | INR 39,392 | US$3,715 | INR 3.55 Lakhs |
| Living and indirect costs | US$3,443.22 | INR 3.29 Lakhs | US$30,989 | INR 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.
| Requirement | Current BU MET position | Indian-applicant action |
|---|---|---|
| Academic qualification | Bachelor’s degree from an accredited US institution or an equivalent credential, such as a three-year international undergraduate degree | Upload the full degree record and let BU determine equivalency; no Indian percentage or 10-point CGPA (Cumulative Grade Point Average) conversion is published |
| GPA | No course-specific minimum is published on the current admissions page | Use transcripts, finance coursework, quantitative preparation, and the short answer to demonstrate readiness |
| Transcripts | Transcripts are required from each college and graduate school attended; unofficial copies can be uploaded | Keep 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 required | Show analytical tools, finance projects, internships, employment, and measurable responsibilities |
| Professional short answer | Applicants answer how the chosen programme aligns with their professional goals | Connect a chosen concentration with a defined finance role and explain the skills that role requires |
| Letters of recommendation | Letters are not required for this master’s programme; BU lists one-letter exceptions for other programmes | Use the saved application space for a precise goal statement and evidence of quantitative preparation |
| Work experience | No course-specific work-experience requirement is published | Recent 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 admission | Do 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.
| Test | Published recommendation | What 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 2026 | Submit the scale shown on the valid score report and use BU’s institution code 3087 |
| TOEFL Essentials | Recommended score is 9 | Use this route only after confirming the test format and score-report process with MET |
| IELTS | Recommended overall band score is 6.5 | Self-report the score and request official release to Boston University Graduate Programs |
| Duolingo English Test | Recommended overall score is 115 | Email 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.
| Intake | International on-campus deadline | On-campus start date | Application timing |
|---|---|---|---|
| Spring 2027 | 15 October 2026 | 19 January 2027 | Target window open |
| Summer 2027 | 15 February 2027 | 18 May 2027 | Published future window |
| Fall 2027 | 1 June 2027 | 2 September 2027 | Published 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.
| Stage | What to complete | Why it matters |
|---|---|---|
| Mode and concentration | Choose full-time on-campus study and select a concentration or the no-concentration route | The choice affects visa eligibility, course planning, and the professional goal statement |
| Academic file | Upload transcripts from every institution and a current resume or CV | BU uses the complete record to assess international equivalency and preparation |
| English evidence | Submit a recommended test score or document a possible waiver | BU may request a test after reviewing the file, even when a waiver condition appears applicable |
| Professional short answer | Explain how the chosen programme aligns with professional goals | A specific role and skill plan makes the application more coherent than a generic finance statement |
| Complete submission | Pay the on-campus application fee and submit the complete file by the international deadline | Rolling review begins only after the committee has the materials needed for a full evaluation |
| After admission | Accept the offer, provide passport and financial documentation, and request the immigration certificate | BU 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 route | Eligibility | Application route and timing |
|---|---|---|
| Merit Scholarship | Domestic and international applicants seeking a BU MET master’s degree | No additional application; the admissions committee nominates eligible admitted students and sends the decision with the admission outcome |
| Bridge to Boston Scholarship | Incoming master’s students admitted to full-time, on-campus study who have not started classes | Apply after admission and before the first semester with a short statement explaining how the award enables enrolment |
| MET Graduate Assistantship | MET graduate students, including Financial Management students, through the relevant department or programme | Contact Administrative Sciences after admission; new students may apply, but continuing students may receive priority |
| Chartered Financial Analyst (CFA) Program Exam Scholarship | Enrolled students in the MS in Financial Management, which participates in the CFA Institute University Affiliation Program | Use 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 measure | Published figure | INR equivalent where monetary | Applicant meaning |
|---|---|---|---|
| US jobs in the benchmark occupations | 1,185,897 | Not monetary | Shows the scale of the market covered by the benchmark |
| Annual job openings | 155,927 | Not monetary | Indicates recurring demand across the covered occupations |
| Annual job-opening change | +4.1% | Not monetary | Describes the benchmark’s annual opening change |
| Projected ten-year job growth | 8% | Not monetary | Provides a long-term market signal rather than an individual hiring probability |
| Median annual salary | US$100.5K | INR 95.91 Lakhs | Compare 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
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $69870 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | $19862 |
| Health Insurance | $3715 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | $69870 |
| 2024 | $70872 |
| 2023 | $63798 |
| 2022 | $58560 |
| 2021 | $58560 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Fall 2026 Intake | |
Scores Required
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

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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Merit-based Scholarships | $5,000 and $30,000 per semester | All admitted students are considered based on their financial need |
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|---|---|---|---|---|
| Novus Biological Scholarship Program | Scholarship per student$ 1,500/Yr$1,500 | Level Of StudyAssociate | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| TEC Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student$ 2,500/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Chuan Ai Lu Engstrom Memorial Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based |
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| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for Fall 2027 Intake (1st Mar 2027) | USD 72,626 /Yr |
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