Boston University Masters in Finance: A Comprehensive Guide to Application and Expectations


Embarking on a Master’s in Finance at Boston University is a significant step towards a rewarding and challenging career in the financial sector. This guide will walk you through the application process for Boston University’s Masters in Finance program, providing valuable insights into what to expect during your application journey and throughout your academic experience.

Research the Program: Before diving into the application process, take the time to thoroughly research Boston University’s Masters in Finance program. Explore the curriculum, faculty profiles, and any unique features that set the program apart. Understanding the specifics of the program will help you tailor your application to showcase how your goals align with what Boston University offers.

Prerequisites and Eligibility: Check the program’s eligibility criteria and prerequisites. Typically, a Bachelor’s degree in finance, economics, or a related field is required. Ensure that you meet the minimum GPA and any work experience requirements specified by the program.

Prepare for the GMAT or GRE: Most graduate programs, including Boston University’s Masters in Finance, require applicants to submit GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination) scores. Prepare for the exam well in advance, as a strong performance can significantly enhance your application.

Craft a Compelling Personal Statement: The personal statement is a critical component of your application. Use this opportunity to articulate your career goals, academic interests, and why you believe Boston University’s program is the right fit for you. Be specific about how the program aligns with your aspirations and what unique perspective or skills you bring to the table.

Letters of Recommendation: Gather strong letters of recommendation from individuals who can speak to your academic and/or professional qualifications. Choose recommenders who know you well and can provide insight into your abilities, work ethic, and potential for success in a rigorous academic environment.

Resume/CV: Prepare a detailed and well-organized resume or curriculum vitae (CV) that highlights your academic achievements, work experience, internships, and any relevant extracurricular activities. Tailor your resume to emphasize how your background has prepared you for success in a Masters in Finance program.

Transcripts: Ensure that you request official transcripts from all the institutions you have attended. Boston University will want to see evidence of your academic performance and the relevance of your previous coursework to the field of finance.

Online Application: Boston University typically uses an online application system. Create an account, carefully fill in all required information, and upload your documents, including your personal statement, resume, transcripts, and test scores. Pay close attention to application deadlines and submit your materials ahead of time.

Interview Process: Some graduate programs, including Masters in Finance at Boston University, may require an interview as part of the application process. Be prepared to discuss your academic and professional background, your interest in finance, and why you are drawn to Boston University’s program.

Financial Aid and Scholarships: Investigate the financial aid and scholarship opportunities available for the Masters in Finance program. Boston University offers various funding options, and it’s crucial to explore these avenues to support your academic journey.