Office: Timonium Campus, Suite 08
Telephone: 410-617-5067
Website: www.loyola.edu/sellinger
Associate Academic Dean: Marianne Ward-Peradoza
Director of Graduate Evening Programs: Patricia Tarrant
The Master of Science in Finance (MSF) offers advanced financial training. The MSF program builds on a foundation of business and qualitative skills and is designed to offer a strong conceptual understanding of finance in order to develop a student's analytical and critical thinking skills. Additionally, the program is designed to enhance the student's ability to sit for the initial professional certification examinations within the finance profession. Four major themes are stressed within the MSF program: technical competence, application of financial tools to decision making, value creation for stakeholders, and professional responsibility and ethics.
Admission Criteria
Detailed admission information (application procedures, required documents, deadlines, etc.) can be found under Admission .
GMAT Waiver Policy
Applicants to the MSF program who meet certain provisions can request consideration for admission without submitting a GMAT score. If, upon review by the admission committee, the applicant is considered admissible without a GMAT score, that requirement will be waived.
Applicants who wish to be considered for a GMAT or GRE waiver must:
- Meet at least one of the classifications in the table below;
- Request the GMAT or GRE waiver using the check box on the online application form;
- Supply the required documentation and submit a petition form to an admission advisor;
- Submit a complete application file before the waiver request will be considered.
Basis for GMAT/GRE Waiver |
Required Documentation |
Hold a terminal degree such as a J.D., M.D., D.O., Ph.D., Ed.D., Pharm.D., or D.D.S. |
Official transcript(s) |
Hold a graduate degree (master's level) and/or professional certification (CPA, CFA, CMA, CIA or CFP), with evidence of significant quantitative course work and a minimum 3.25 cumulative GPA for highest degree earned. |
Official transcript(s) for degree
Copy of licensure or certification |
Have graduated with a bachelor's degree in business or economics, OR a business minor AND have a cumulative GPA of 3.4, both overall and in your major or minor business courses from an AACSB-accredited program. |
Official transcript(s)
Admission advisor's verification of AACSB accreditation
Identify major and/or minor |
Have a minimum 3 years of progressive, professional, full-time work experience that entails a significant scope of responsibility (managing people/projects/budgets) and employs in-depth quantitative and analytical skills. An interview with an academic advisor is required. |
Detailed professional résumé to include listing of job roles, time in role, and promotions |
An interview with an academic advisor may be required. Petition for a GMAT or GRE waiver does not guarantee approval and is considered by the Admission Committee in conjunction with an applicant's complete admission file. The Admission Committee reserves the right to require a GMAT or GRE score or alternative testing from an applicant even if the basic conditions are met.
Financial Aid
Student loans are available. All applicants should file a Free Application for Federal Student Aid (FAFSA) to be considered for aid. Inquiries concerning loans should be directed to the Financial Aid Office, 410‑617‑5149.
Prerequisites and Basic Competencies
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. 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.
A student entering the MSF program should have facility in algebra and graphing of mathematical functions, graphic interpretation, and probability. Proficiency in these areas will be assumed with recent college or graduate level credit (grade of B or better in a single course) in finite mathematics, precalculus, or mathematical models for business. Proficiency may also be established through superior GMAT performance or a score of 80 percent or better on the Math Proficiency Exam.
Courses in the MSF program use computer software for presentation and analysis. Students can expect to receive assignments using spreadsheets, and they may also be required to employ specialized software, CD or online databases, or mainframe systems. Prior to beginning the program, students must be able to design and manipulate spreadsheets and be familiar with Microsoft Excel, Word, and PowerPoint software at the intermediate level. Once enrolled, advanced help courses are offered without charge through Technology Services, 410‑617‑5555.