M.S. in Finance

Stay on Top of the Field

With globalization, emerging technologies, new regulations, and other factors, the world’s financial landscape is always shifting. Our MSF students succeed in this constantly evolving environment by mastering the enduring principles that underlie financial markets.

Our MSF program—ranked #3 in the country and #34 in the world by the Financial Times—helps students deepen their knowledge of finance, broaden their career opportunities, and make names for themselves in their fields. Finance professionals, recent undergraduates, and others who are considering new careers can choose from part-time or full-time options.

In addition, the MSF program offers a STEM-designated quantitative finance track. This 10-course track is highly quantitative and emphasizes financial analytical skills that students can bring to workplaces in corporate finance, asset management, and investment banking.

Questions about graduate admissions or programs? Email us or call us at 617-552-3920.

#3

MSF program in the U.S.

Financial Times, 2017

Tuition and Aid

An MSF from the Carroll School is an excellent investment in your future. We offer merit-based scholarships and financial assistance to qualified applicants. Loan and work study programs are also available.

Tuition and Aid

Program Curriculum

The full-time option allows you to complete the MSF in one full year of study. Full-time students typically take four classes in each of the fall and spring semesters, and finish their degrees by taking two classes during the summer.

Seven Core Courses

 FALL
  Investments (MFIN8801)
  Corporate Finance (MFIN8807)
  Management of Financial Institutions (MFIN8820)
  Financial Econometrics (MFIN8852)
 SPRING/SUMMER
  Quantitative Portfolio Management (MFIN8803)
  Derivatives & Risk Management (MFIN8860)
  Advanced Corporate Finance (MFIN8881)

Three Elective Courses

  • These electives must be at the MFIN66XX or MFIN88XX level
  • MFIN77XX level courses are for Full-time MBA students only
  • Electives may have more than one pre-requisite. Please check Agora under "Course Information and Schedules" for specifics.
  • Other elective choices require department permission from Professor Michael Barry (barrymj@bc.edu)

Course waivers: Read our Course Waiver Policy.

Course information: Look up course information and schedules.

Community Service

The Carroll School has a proud tradition of service to our community. In keeping with that tradition and with our Jesuit heritage, all M.S. in Finance students are required to complete 10 hours of community service in order to graduate. Read our service guidlines.

The quantitative finance track is a STEM-designated track*, and allows you to complete the MSF in one full year of study. Full-time students can typically take four classes in each of the fall and spring semesters, and finish their degrees by taking two classes during the summer.

Eight Core Courses

 FALL
  Investments (MFIN8801)
  Corporate Finance (MFIN8807)
  Management of Financial Institutions (MFIN8820)
  Financial Econometrics (MFIN8852)
 SPRING/SUMMER
 
 Four of the following five courses must be taken

  Data Analytics (MFIN8870)
  Quantitative Portfolio Management (MFIN8803)
  Finance Seminar: Simulation & Optimization in Finance (MFIN6640)  
  Derivatives & Risk Management (MFIN8860)
  Fixed Income Analysis (MFIN8880)

Two Elective Courses

  • These electives must be at the MFIN66XX or MFIN88XX level
  • MFIN77XX level courses are for full-time MBA students only
  • Electives may have more than one pre-requisite. Please check Agora under "Course Information and Schedules" for specifics.
  • Other elective choices require department permission from Professor Michael Barry (barrymj@bc.edu)

Course waivers: Read our Course Waiver Policy.

Course information: Look up course information and schedules.

*STEM Designation

The STEM (science, technology, engineering, math) OPT Extension is a 24-month period of temporary training available to F-1 international students who have completed a degree program in an approved STEM field.

Boston College’s Master of Science in Finance (MSF) Quantitative Finance Track is a STEM (science, technology, engineering and math) designated program. This classification allows international MSF graduates on an F-1 visa to potentially qualify for an additional 24 months of training in their field of study (called Optional Practical Training or OPT) beyond the standard 12 months.

Eligible F-1 nonimmigrant students with a STEM degree from a Student & Exchange Visitor Program (SEVP) certified U.S. school who participate in an initial period of regular post-completion OPT (typically 12 months) may be eligible to apply for a STEM OPT extension.

To qualify for a 24-month STEM OPT extension, an F-1 student must:

  • Have completed a degree in an eligible STEM field from an SEVP certified U.S. school.
  • Maintained lawful F-1 status during the standard 12 month period of OPT.
  • Have employment through an employer enrolled in USCIS’s E-Verify employment eligibility verification program.
  • Work with the employer to complete a formal training (I-983) and learning objectives.
  • Be employed at least 20 hours per week in a position directly related to the STEM degree.

For detailed information about STEM OPT, visit SEVP’s Study in the States’ STEM OPT Help Hub.

Community Service

The Carroll School has a proud tradition of service to our community. In keeping with that tradition and with our Jesuit heritage, all M.S. in Finance students are required to complete 10 hours of community service in order to graduate. Read our service guidlines.

The part-time option offers a flexible schedule, enabling you to earn your degree while continuing to advance your career. Part-time students take two classes per semester on average. At this pace, the total duration of the program will be approximately 20 months.

Seven Core Courses

  Investments (MFIN8801)
  Corporate Finance (MFIN8807)
  Management of Financial Institutions (MFIN8820)
  Financial Econometrics (MFIN8852)
  Derivatives & Risk Management (MFIN8860)
 CHOOSE ONE OF THE FOLLOWING
  Quantitative Portfolio Management (MFIN8803)
  Fixed Income Analysis (MFIN8880)
 CHOOSE ONE OF THE FOLLOWING
  Financial Policy (MFIN8808)
  Advanced Corporate Finance (MFIN8881)
  Corporate Valuation and Restructuring (MFIN8821)

Three Elective Courses

  • These electives must be at the MFIN66XX or MFIN88XX level
  • MFIN77XX level courses are for Full-time MBA students only
  • Electives may have more than one pre-requisite. Please check Agora under "Course Information and Schedules" for specifics.
  • Other elective choices require department permission from Professor Michael Barry (barrymj@bc.edu)

Course waivers: Read our Course Waiver Policy.

Course information: Look up course information and schedules.

Community Service

The Carroll School has a proud tradition of service to our community. In keeping with that tradition and with our Jesuit heritage, all Carroll School graduate students must fulfill a requirement to serve others through meaningful work as volunteers. Learn more about community service guidelines.

2018 Entering Class Profiles

Full-Time

Applicant Pool  
Applications Received 955
Class Size 89
Selectivity 19%
Academic and Professional Profile  
Average Undergraduate GPA 3.54
Average GMAT Score 703
GMAT Score 80th Percentile Range 657-740
Average Full-Time Work Experience <1 year
Work Experience 80 Percentile Range 0–1 years
Diversity  
Women 49%
AHANA* 6%
International 83%
Average Age 23
Age Range 21-30

*African-American, Hispanic, Asian and Native American.

Undergraduate Major
Accounting 9%
Business 4%
Economics 10%
Engineering 1%
Finance 36%
Math/Physical Sciences    2%
Double Major 17%
Other 17%
International Enrollments
People’s Republic of China India
Pakistan
R.O.C. Taiwan

Part-Time

Academic and Professional Profile  
Average Undergraduate GPA 3.47
Average GMAT Score 578
Average GMAT 80th Percentile Range 534-646
Average Full-Time Work Experience <5 years
Work Experience 80th Percentile Range 0-12 years

Please reference ETS for GRE comparison information.

Diversity  
Women 19%
AHANA* 6%
International 6%
Average Age 29
Age Range 22-35

*African-American, Hispanic, Asian and Native American.

Note: All figures listed are for the class entering in Fall 2018. 

Your Future Network

Carroll School MSF graduates leverage their educations in countless ways. Get to know a few alumni from your future network.