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MS Finance Admissions and Requirements

Start Date

  • Summer 2020: July 2020

Application Deadlines

  • Application Round 1 (Early Round) is September 1 – November 1
  • Application Round 2 (Priority Round) is November 2 – January 3
  • Application Round 3 (Final International Round) is January 4 – January 31
  • Application Round 4 (Final Domestic Round) is February 1 – April 1


With the MSF program beginning on July 2020, applications will not be considered for admission from applicants outside the United States who have graduated after July 2020.  International students must be able to provide documentation for a 4-year degree by July 2020 to apply for and be eligible to enroll in the MSF summer semester.  We ask students that are unable to provide such documentation to consider applying next year.

Applications for the Krannert School of Management must be completed using Purdue’s Graduate School online application, and will not be considered until all required materials have been received (international applicants - this includes the non-refundable $75 application fee). If you are an international applicant, please carefully review both the "requirements" and "additional requirements" tabs below. 

No Cost for Permanent Legal U.S. Residents and Purdue Baccalaureate Graduates to Apply to the MS Finance program. The Krannert School of Management will satisfy the application fee for domestic applicants of its MS Finance program who are permanent legal residents of the United States and/or those applicants who have successfully completed a Purdue University or Purdue Global baccalaureate degree. By removing the barriers of the application fee for qualified domestic students it is our goal to make the transformative experience available at the Krannert School of Management more affordable and accessible.

Program Costs

This is the estimated tuition and fees for three academic sessions (summer, fall, and spring), but not including textbooks and living expenses.


Indiana residents:
$24,975.00


Non-Indiana residents:
$35,150.00


International residents:
$48,507.00



All fees are subject to increase based on approval by the Purdue University Trustees 

Application Requirements

**Please Note: After submitting your application, you must also complete the required online (KIRA) Video Essay. Your application will not be reviewed without the Video Essay.
  • Essays

     

    For ease of review, please include the essay question as a 'title' above your response.

    • **Statement of Purpose (500 words max): Please submit a statement introducing yourself to the Admissions Committee. Be sure to include a brief academic and professional background, reason for seeking a Master’s degree at Purdue, desired career path after graduation and your thoughts on giving back as a student and as an alumnus.

    • **Integrity (250 words max): What does integrity mean to you? How does integrity relate to building communities of trust in academic, personal and professional settings? What expectation should Purdue have towards its students with regards to academic integrity? What consequences should students face when standards are not upheld?

    • Please note: The Diversity Fellowship Applicant Essay is not required for admission consideration to our programs. You are welcome to complete the Diversity Fellowship Essay should you feel you meet the specific criteria for the Fellowship award. This Fellowship is awarded through the Purdue University Graduate School independently from the Krannert School of Management admission process.

    • Optional (250 words max): If you feel there are any parts of your application that require additional explanation, or if there is any additional information you wish to share with the Admissions Committee, please use this optional essay as an opportunity to do so.

     

    **Denotes a required item.

  • Experience

    While full-time post-baccalaureate work experience is not required for admission to Purdue’s MSF program, many MSF students enter the program with one or more years of relevant experience. The median work experience for recent MSF classes is two years, but about half of our program’s students have less than one year of full-time experience. However, those coming straight from an undergraduate program often have significant co-opportunity or internship experiences.
  • Letters of Recommendation


    • Two online recommendations are required in order for your application to be reviewed.

    • No paper recommendations will be accepted. We prefer that recommenders be employers who are able to render an opinion on the basis of close, current, and sustained observation. We strongly urge (but do not require) that one recommendation is from your direct supervisor. Recommendations from friends, family members, acquaintances, and other sources unable to evaluate professional or academic qualifications for professional study are not acceptable. No more than two recommendations are needed. We require that recommenders submit the recommendations online (instructions to do so are provided within the online application). Please note that we will not receive your application until at least two registered recommenders have submitted recommendations through the online application.
  • Official Transcripts

     

    • You will need to provide official transcripts and/or academic records only at the request of the graduate program or in the event of a favorable admission decision and you choose to enroll. An official transcript bears the original signature of the registrar and/or the original seal of the issuing institution. Official documents should be submitted to:

    Office of Graduate Admissions
    Purdue University
    Young Hall, Room 170
    155 S. Grant St.
    West Lafayette, IN 47907-2114

    • Transcripts and/or English translations must be mailed directly from a Registrar’s office to the Office of Graduate Admissions via a sealed envelope.

    • The Office of Graduate Admissions also accepts electronic transcripts from accredited U.S. colleges and universities sent via eSCRIP-SAFE, Docufide, Parchment Exchange or directly from the accredited U.S. college and university. The transcript must be sent to GRADADM@purdue.edu.

    • All transcripts and/or academic documents uploaded to the online application system are considered unofficial.  The Purdue University Graduate School reserves the right to require official transcripts and/or academic documents at any time during the admissions process. **Transcripts will not be returned.

    Uploading Transcripts (international applicants, see international section)

    1. All applicants must upload to the online application transcript(s) and/or academic document(s) for every institution of higher education attended. If a transcript and diploma/degree certificate are not in English, an English translation (certified by the college or university which issued it) must be uploaded.

    2. The uploaded transcript and/or academic document must be from the official version of the document. An official transcript bears the original signature of the registrar and/or the original seal of the issuing institution.

    3. If personal identifying information such as a student identification number or social security number appears on the document, REMOVE THIS INFORMATION from your electronic version of your document or mark out the information in black ink before scanning your document.

    4. Degree-Seeking Applicants:  Upload a transcript for every institution of higher education attended, including evidence of a baccalaureate degree awarded, into the online application. If you are currently studying for a baccalaureate degree, you will later be required to submit a document that verifies the awarding of that degree.

    5. Non-Degree Applicants: If you are applying for non-degree classification, you must upload evidence of a baccalaureate degree which could include a transcript, a copy of the diploma or a degree certificate verifying the degree.

     

  • Video Essay

     

    In the process of completing the Krannert School of Management graduate application, you will respond to 1 to 5 video essay questions. The questions vary for each program and are developed to assess core competencies that align with your specific program. The video essays are used by the Admissions Committee to identify business school competencies that we believe are key to building a diverse and strong cohort. You will be asked questions that will give us insights into your position on the following topics:

    • Motivation
    • Adaptability
    • Engagement
    • Leadership Potential
    • Communication
    • Self-Awareness
    Just as many other business schools, we find these are some of the key skills that highly qualified candidates share. Additionally, we feel we get to know each candidate a little better as a result of the essays and gain insight that simply cannot be viewed on a written application.
    Please talk to your recruiter or Program Manager prior to submitting your essays if you would like some guidance on how to best prepare.

     

  • Official GMAT/GRE Test Scores

    Note: Please do not submit your application until test scores are provided. It is recommended that you submit only the scores you intend to have reviewed by the Admissions Committee.
    An official GMAT score of 500 or higher is preferred for the MS Finance Program.  It is designed to evaluate an applicant’s ability to be successful in the MS Finance Program.  However, the Admission Committee will consider the GRE in lieu of the GMAT if an applicant has already taken the GRE exam.  The GMAT is also preferred in scholarship consideration.
    We recommend applicants plan to take the GMAT at least two weeks prior to your application deadline. Official test score reports should be sent to the specific program you have applied at Purdue University and must be received by the deadline to which you are applying.  Admission decisions are not finalized until official scores are received.  (Visit www.mba.com for complete information regarding the test.)

    The 'name' of the program you are applying to is the 'code' required for reporting your GMAT score.
    For MS Finance - Reference - MS (Finance).
    GRE scores must be reported to Purdue University, institutional code 1631.

    GMAT/GRE waivers

    GMAT waivers may be available to domestic applicants who apply for a waiver. They must be domestic and/or US military applicants with 3.5 CGPA from a US accredited institution and/or for applicants with US equivalent graduate degrees from an accredited university.

    In order to apply for a GMAT/GRE waiver, you must have successfully completed and submitted the entire application.

     

    Once you have submitted your application with the above included, contact the masters office at krannertmasters@purdue.edu to receive a GMAT/GRE waiver form that you must complete and submit.

International Applicants

  • Additional Requirements

     

    Applications for the Krannert School of Management must be completed using Purdue’s Graduate School online application. International applicants must follow a slightly altered application process.

    Any individual who is not a permanent resident or citizen of the United States is classified as an international applicant. If you are a Permanent Resident, non-U.S. Citizen, please upload a copy of your alien registration/green card within the online application. Permanent residents who do not provide a copy of an alien registration number will be reclassified as an international student for admission consideration and fees.

     

    Official Language Test Scores

    Applicants whose native language is not English are required to submit one Language Assessment Test for admission to the Purdue University Graduate School. Students can choose from the Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS).

    • The Graduate School accepts all valid forms of TOEFL testing. Krannert School of Management requirements are: Paper based-test (minimum score of 600), computer-based test (minimum score of 260), and Internet-based test (minimum score of Writing 20, Speaking 22, Listening 18, Reading 22, and Total bandwidth 93). For the Internet-based test, all 5 minimum scores must be satisfied. Only official TOEFL scores received directly from the Educational Testing Service are acceptable. For further information, visit www.toefl.org. TOEFL scores must be reported to Purdue University’s Graduate School. Please use institution code 1631.

    • The Graduate School accepts the International English Language Testing System (IELTS) scores. A copy of the official IELTS report must be scanned and uploaded into the online application. Krannert School of Management requirements are: An overall band score of 7.5 is required for admission, with 7.0 required per each section. For more information, visit www.ielts.org.

    • All scores must be documented by an official report from the Educational Testing Service. The TOEFL and IELTS must be no more than 24 months old at the time the application credentials are reviewed by the Graduate School.

    • English language assessment test may be waived only if you have obtained a baccalaureate degree, graduate or professional degree within the past 36 months from a college or university where English is the primary language of instruction, in a country where English is the native language.  In order to meet this requirement, receipt of a degree must fall within the 36 month period when your documents are under review by the Krannert School of Management and Purdue University Graduate School.  Test scores expire on the first day of the month in which they were taken.

    Academic Transcripts and Applicant Eligibility

    • Any individual who is not a permanent resident or citizen of the United States is classified as an international applicant. In order to be considered for admission to the Krannert School of Management, international applicants must hold a bachelor degree or its equivalent from an accredited college in the U.S. or abroad. This requires 16 years of education in a University setting, which must be the equivalent of a four year U.S. Bachelor’s degree.

    • Correspondence courses do not meet this requirement. Transcripts must indicate “grades earned” for all courses taken. Please note that a summary of semester totals alone does not meet this requirement.

    • If you were educated outside the United States, and the native language of the country where you were educated is not English, you must upload both a certified official transcript in the original language of instruction and a certified official English translation.

    *You must also upload a certified official copy of your diploma/degree certificate in the original language of instruction and a certified official English translation. A Provisional Certificate does not meet this requirement.

     

    Supplementary Information for International Students

    The Krannert School of Management does not require proof of financial capability until after a student has been admitted. We ask that you not include it when submitting your application. Upon an offer of admission, students will work with the Office of International Students and Scholars (ISS) to demonstrate eligibility for a Certificate of Eligibility (I-20 or DS-2019).