Master of Science in Finance MS-FIN

Program starts: August

Program length: 9 - 16 months

STEM

The master's degree in finance from the W. P. Carey School of Business at Arizona State University delivers a leading-edge finance curriculum with flexible academic tracks to help you align your degree with your career goals. Join us to prepare for a range of career opportunities, including corporate finance, risk management, asset management, financial planning and analysis (FP&A), investment banking, and consulting.

Bank of America, Credit Suisse, Amazon, Blackrock, Northern Trust
have hired MS-FIN graduates

92% of MS-FIN students employed
within 6 months of graduation

CFA Level 1 exam preparation
aligned with CFA Program Candidate Body of Knowledge™

STEM-designated
Expanded career opportunities for international students

Academics

The innovative master’s in finance at ASU will set you apart in a competitive job market, and build skills you will use throughout your career.

The W. P. Carey School is a member of the CFA Institute University Affiliation Program, meaning the MS-FIN will prepare you to sit for the CFA Level I exam.

And by emphasizing corporate finance and investments or analytical methods, you can choose the MS-FIN that suits your strengths and goals. Additionally, the third semester extended course of study in the optional analytical methods track aligns with corporate recruiting cycles in the financial services industry.

As a STEM-designated program, eligible MS-FIN graduates on student visas may have access to an Optional Practical Training (OPT) extension for up to 36 months. The longer work authorization can help international students acquire valuable job skills and work experience in the U.S. that can be applied anywhere in the world.

Take a closer look at the curriculum

Experience

W. P. Carey Campus

Your MS-FIN experience unfolds on the ASU Tempe campus — in the middle of a vibrant metropolis, with access to major hiring companies, year-round activities, and the beautiful desert southwest. Arizona ranks among the top 10 states for job growth in the finance and insurance sector.

You’ll prepare for high-impact careers in finance with a program designed to meet the demands of today’s global markets. The MS-FIN equips students with advanced financial analysis, valuation, and risk management skills grounded in real-world application. One experiential learning opportunity is the Financial Access and Research (FAR) Lab, which finance master's students can automatically join and access the Bloomberg Terminal. You'll develop competency with an industry standard tool used by major banks and asset managers.

Alex Holt

W. P. Carey has provided me with opportunities to interact with industry leaders, attend networking events, and refine my technical skills. These resources, combined with the program's rigorous academic training, have set me on a trajectory to achieve my career goal of being a portfolio manager.

Alex Holt, MS-FIN graduate

Featured alumni stories

Create a network that will last a lifetime. With more than 130,000 W. P. Carey alumni around the world, there are endless opportunities to get connected and stay involved. Many MS-FIN graduates return to ASU as mentors, recruiters, and class speakers. Join us!

What can I do with a master’s degree in finance?

In the ASU master's in finance degree, you'll gain a comprehensive understanding of the whole financial landscape and develop the technical fluency needed to succeed. Acquire practical experience in analyzing and applying AI models to make data-driven financial decisions.

Our flexible finance curriculum equips you to support long-term value creation, assess risk, and shape business decisions. You'll be ready for a range of career opportunities in investment banking, corporate finance, asset management, and financial analysis. Possible job titles and roles may include any of the following. Work with your assigned career coach, who has specialized knowledge of finance careers and what recruiters seek.

Make the ultimate decisions about how the organization will meet financial obligations and operate within budget.

Analyze an organization's costs and propose recommendations for strategic decision-making to leadership.

Create predictive financial models and examine market developments to inform investment strategy and decision-making.

Investigate financial data for suspicious activity and financial crimes in collaboration with regulatory bodies to ensure compliance.

Evaluate budgets, build models, and manage analysts for careful financial planning and cash flow management.

Evaluate threats to investment decisions and make recommendations for how to limit risk and manage unpredictability.

Work closely with accounting, legal, and leadership teams to meet regulatory requirements and relay financial standing to investors.

Apply systematic, data-driven methods to identify patterns in financial markets and make investment decisions.

W. P. Carey Career Services Center

More than 650 organizations from over 35 industries partner with W. P. Carey to recruit talent. The W. P. Carey Career Services Center will support your professional development as a student and after you graduate. Engage with a career coach early in your program, so you can capitalize on as many connections and opportunities as possible.

  • Career Blueprint helps you understand who you are, tell your story, and map what’s next
  • Career Management Model offers a lifelong framework for setting and achieving goals
  • On-demand career resources and tools connect the dots between research and reality
  • W. P. Carey recruiting events provide access to employers and opportunities
  • Career coaches act as credible partners to help navigate your journey

How to apply

You can start the MS-FIN program at ASU’s Tempe campus in August. Take note of application deadlines, join us for an upcoming admissions event, and start your W. P. Carey journey. We look forward to meeting you!

Fall 2027

Round I (Early Decision)

Dec. 1, 2026

Round II (International priority)

Feb. 1, 2027

Round III (International final)

April 1, 2027

Round IV (Final)

July 1, 2027

All required application documents must be on file by the date of each deadline, or your application may be moved to the next round. Applications for Fall 2027 admission will be accepted on a rolling basis until July 15, 2027. Decision notifications will be made within three weeks of a completed application, and an enrollment deposit will be due following program admission.

To complete the ASU online application, you will need to provide the following information:

  1. Personal info: contact details, birth date, citizenship, Social Security number
  2. Resume: Current resume must include positions held and clearly indicate dates of employment in Month/Year format.
  3. Admission essay: The admission committee would like to learn more about you, your background, and your goals. Your responses to short essay questions help us evaluate your application beyond test scores and GPA requirements. Personal statements will not be accepted and will delay the review of the application. Essay prompts are available in the graduate application.
  4. Recommender(s) contact information: name, affiliation, and work email address of an individual who can answer questions about your personal qualities, professional success, career aspirations, and ability to perform in a graduate program
  5. Application fee: $70 domestic students; $115 international students

Note: Applications will not be processed until the fee is received and fees are non-refundable.

The following materials must be submitted to ASU Graduate Admissions after completing the online application.

Transcripts

If you attended ASU, you do not need to submit ASU transcripts. Otherwise, you must have one set of official transcripts from every college and university from which you earned a bachelor’s degree or higher sent to ASU Graduate College. ASU accepts official transcripts that are original academic credentials issued by the registrar of the institution attended, bearing the original raised or colored seal of the institution and the signature of your institution's registrar, academic official, or recognized international organization. We accept unofficial transcripts at the time of application. If admitted, official transcripts will be required.

You may either have the original institution send your transcripts, or you may wish to collect all of them and send them together. In either case, use the following mailing information:

U.S. Mail
Admission Services Applicant Processing
Arizona State University
PO Box 871004
Tempe, AZ 85287-1004

FedEx, DHL or UPS
Arizona State University
Admission Services Applicant Processing
1150 East University Drive Building C, Room 226
Tempe, AZ 85281

GMAT or GRE scores (optional)

Test scores are not required for admission. Depending on your academic or professional background, you may prefer to submit a test score to demonstrate your potential for success in our graduate programs.

If you choose to submit a score, these must be sent directly to the school by the assessment organizations that administer the tests. The GMAT institutional code for the W. P. Carey School is 0GZ-1R-80. The ASU Institution code for GRE is 4007 and, if needed, the department code is 000.

Note: ASU does not accept the GRE® General Test at-home exam.

The application process for international students is the same as for domestic students, with the exception of submitting proof of English proficiency (for students whose native language is not English). W. P. Carey graduate minimum score requirements may be higher than ASU requirements. Please note ASU does not accept TOEFL iBT® Home Edition (if taken prior to Jan. 21, 2026), TOEFL iBT® Paper Edition, or TOEFL Essentials Exams as proof of this requirement. After admission, you will also be required to obtain a U.S. visa, which includes submitting a graduate financial guarantee.

All international transcripts must be submitted in their original language accompanied by an official English translation. Translations must be literal, complete versions of the originals and must be translated by a university, government official or official translation service. You may not complete your own translation. Photocopies and notarized transcripts are not acceptable. Individuals who have completed a three-year undergraduate degree with no additional coursework may qualify, please submit your application and transcripts or contact [email protected] for further questions.

As a token of our appreciation, W. P. Carey will waive the application fee for all U.S. Military, Teach for America, Peace Corps or AmeriCorps members. Please email [email protected] prior to submitting your application to request a waiver.

Attend an event

>> Check out our complete calendar of events

W. P. Carey Outdoor Event

Cost and aid

Paying for your degree is one of the most critical steps in your decision to go to business school. Work with us to find the right solution for you, whether it’s scholarships, graduate assistantships, or loans.

Minimum estimated total program cost

Many factors play a part in determining what your final cost looks like such as your start date, your campus, how many credits you take, and your residency status. The ASU tuition estimator shows you the minimum amount you can expect to pay each semester.

>> A one-time non-refundable enrollment deposit of $500 is also required before you register for classes.

MS-FIN (Corporate finance)

Estimated tuition and fees

Resident

$42,000

Nonresident

$66,000

International

$69,500

MS-FIN (Analytical methods)

Estimated tuition and fees

Resident

$60,000

Nonresident

$91,000

International

$95,000

Note: All amounts shown in the Tuition and Fees Schedules or in other university publications or webpages represent tuition and fees as currently approved. However, Arizona State University reserves the right to increase or modify tuition and fees without prior notice, upon approval by the Arizona Board of Regents or as otherwise consistent with board policy, and to make such modifications applicable to students enrolled at ASU at that time as well as to incoming students. In addition, all tuition amounts and fees are subject to change at any time for correction of errors. Finally, please note that fee amounts billed for any period may be adjusted at a future date.

CFA Program Awareness Scholarship

As a member of the CFA University Recognition Program, the W. P. Carey School has the added opportunity to award three CFA Program Awareness Scholarships per fiscal year.

To apply for federal financial aid, complete the Free Application for Federal Student Aid (FAFSA). The application is available December 1 for the following academic year. ASU's school code is 001081. Learn more about tuition and financial aid at ASU, including eligibility requirements and answers to frequently asked questions.

The FAFSA can be completed at any point in your current academic year, but we recommend these deadlines for completing your applications and receiving funds in a timely manner.

  • June 15 Complete your FAFSA
  • July 15 Complete supporting documentation requested by Student Financial Assistance
  • August 1 Accept your finance aid via My ASU

ASU's Veteran Benefits and Certifications does not determine eligibility but will assist you by administering veteran's educational benefits and certifying your enrollment.

ASU’s Pat Tillman Veterans Center is a resource for active-duty, veteran, and veteran-dependent students, providing support with education benefits, community-building events, and individualized guidance for academic and personal success.

W. P. Carey awards a limited number of scholarships based on academic performance, leadership activities, community involvement and future goals. These scholarships are extremely competitive. A short application is required for consideration and must be completed after admission has been awarded. Domestic and U.S. permanent residents must complete the Free Application for Federal Student Aid (FAFSA).

If your employer doesn’t already have a graduate academic partnership with W. P. Carey, you can be the one to help bring impactful benefits to your workplace — including personalized admission assistance, waived application fees, and expanded scholarship opportunities (ranging from $2,000 to $25,000). These benefits can be combined with existing employer-paid tuition assistance programs or supplement your education if no such benefits are currently offered.

>> To get the process started at your company, connect the school with a representative from your human resources or benefits team. We look forward to hearing from you!

You may seek full or partial funding from your employer to assist with the costs of pursuing your W. P. Carey graduate program. Check with your human resources department regarding tuition reimbursement policies. Employer-paid benefits may take one of two forms:

  • Third-party sponsor billing — ASU will bill your employer directly
  • Corporate reimbursement — student pays account upfront and is reimbursed by employer upon meeting their guidelines

Federal unsubsidized loans

  • Lending limit: $20,500 per academic year
  • Interest rate: 8.08%
  • Origination fee: 1.057%

Private education loans

  • Obtained from a private lender
  • Interest rates, loan fees, repayment options and eligibility requirements will vary
  • Review additional information regarding private student loans
  • Private student loans may be an option for international students who do not qualify for federal student loans