Admission Requirements

Priority Deadlines

  • Fall Semester: August 1*
  • Spring Semester: December 1*
  • Summer Sessions: May 1*

*At the discretion of the department, applications will continue to be reviewed after the application deadline on a space-available basis. 

The Master of Science in Finance degree is a part-time program and is not available for international students in need of maintaining full-time student status (9 credits or more per semester) on an F-1 student visa. 


The MSF program attracts students with strong intellectual abilities, demonstrated records of success and the keen desire to pursue a successful career in the field of finance. Students are offered admission to the MSF program based upon the consideration of two areas: quantitative criteria consisting of prior academic achievement and performance on the Graduate Management Admission Test (GMAT), and qualitative data, which includes professional experience and a written personal statement. Applicants accepted for graduate study will be advised in writing. Individuals will also be informed of any undergraduate courses or prerequisites requiring completion before commencing their academic studies. A program advisor will assist in planning your program of study. Students are responsible for discussing any special needs they may have with their advisor.

The program focuses on students who have a bachelor's or master's degree in a business discipline; however, students with strong academic and experience credentials from any academic discipline are accepted. The academic records of all accepted students will be evaluated by a program advisor to determine if foundation coursework is necessary before beginning the core (700-level) courses. Foundation coursework includes accounting, finance, economics, and statistics. It is preferred that the applicant will have two years of professional work experience. Prospective students with fewer than two years of work experience are encouraged to review their qualifications with an advisor at 410-617-5067 or

GMAT/GRE Information

A careful examination of an applicant's academic and professional qualifications precedes every admission decision. The committee values previous undergraduate/graduate academic achievement, work experience assessed through a resume, professional references, each portion of the GMAT, certifications/awards, and other evidence of the applicant's capacity to successfully pursue graduate study in business. Applicants who have already taken the GRE revised General Test (August 2011 and later) may supply this score in lieu of the GMAT. Report must be sent directly from the Educational Testing Service ( Scores will be converted using the GRE Comparison Tool for Business Schools produced by the ETS.

We want you to have every chance to succeed in this important admissions component and therefore strongly recommend preparing for the GMAT test. Many prospective test takers find the structure of a tutorial class particularly beneficial. For your convenience, we offer a GMAT Review course here at Loyola. Learn more here.

GMAT Waiver Request Policy

Professional's MBA and MSF candidates may be eligible for admission without submitting a GMAT score report. The following provisions qualify an applicant to request GMAT waiver consideration:

  • Possession of an advanced degree (e.g., master's level or higher with quantitative content), OR
  • An undergraduate grade point average of 3.25 or higher and at least five years of significant professional work experience, typically post baccalaureate. 

Requests for a GMAT waiver may be made on the application. All GMAT waiver requests require a personal interview with a Sellinger School program advisor. The admissions committee reserves the right to require a GMAT score from an applicant even if the basic conditions are met. GMAT scores up to five years old are accepted.

Application Materials

  • Online application form; Non-refundable fee of $60
  • Essay/personal statement (the essay prompt can be found on the MyAccount page)
  • Graduate Management Admission Test (GMAT) scores or Graduate Record Exam (GRE) scores (within five years of the application deadline). Report must be sent directly from the Educational Testing Service. Loyola's institution code is 5370. Applicants who meet certain provisions can request consideration for admission without submitting a GMAT score. Please review the GMAT waiver request policy. 
  • Official transcripts from all postsecondary colleges or universities attended sent directly to Loyola from institution(s). This includes transcripts from part-time study, study abroad, college coursework taken in high school, and from institutions that have awarded the applicant a bachelor's master's, or doctoral degree or an advanced certificate. Admitted students who fail to submit a final degree-posted transcript will not be permitted to register. Applicants who hold degrees or have earned credits from non-U.S. institutions (excluding study abroad programs) must have a course-by-course evaluation and translation of their academic records done by a NACES approved evaluation services agency before they can be considered for admission to a degree program. The evaluation must establish that the applicant has earned the equivalent of a U.S. bachelor's degree from a regionally accredited institution.  Loyola recommends the WES:ICAP from World Education Services, Inc. (
  • One professional letter of recommendation
  • Resume or curriculum vitae
  • TOEFL Score Report required if English is not your native language or if you have not completed a degree program taught in English (cannot be more than two years old). Official scores must be mailed directly from the Educational Testing Service. Loyola's institution code is 5370.

Supplemental application materials should be sent via mail or email to:

Loyola University Maryland
Graduate Admission Processing Center
P.O. Box 1447
Beltsville, MD 20704

Questions about the application or admission process may be directed to the Office of Graduate Business Programs at (410) 617-5067 or via email at

It is the responsibility of the applicant to ensure that a completed application and all supplemental materials are received by the application deadline. Supplemental materials, once received, become the property of Loyola University Maryland and cannot be returned.

Through constant classroom discussions, papers addressing real life scenarios and investment portfolio presentations I’ve become as expert at building and communicating sound financial positions as I am building sound structures.

-Bill Fritz, Ph.D. ‘09

As a student straddling the professional and educational worlds, you have the unique opportunity to accelerate the learning process by applying what you’ve learned.

-Stacy Landsman, Internal Financial Reporting and Analysis Manager, Legg Mason Capital Management

Loyola’s program is extremely topical to what I do. It’s geared to the market place; I actually use one of my textbooks at work on a regular basis.

-Kim Castellino ‘06

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