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Why Pursue an MS in Finance?

With the introduction of new products and technology to the financial marketplace in the past two decades, many areas of finance have undergone significant transformation. An understanding of the new financial environment requires the application of state-of-the-art analytical and computational techniques.

Financial Studies Center

Our 1,800 square foot center features a 26-seat trading lab and is also equipped with two Bloomberg terminals to provide you with a real-time, real-world learning environment.

Take advantage of the resources in our center to develop your technical expertise in trading, portfolio and financial management activities.

Admission & Application Requirements

Applications are submitted through the UTSA Graduate Application. Please upload all required documents (listed below) on your UTSA Graduate Application. It is the applicant’s responsibility to ensure completion and submission of the application, a nonrefundable application fee, and all required supporting documents are on file with UTSA by the appropriate application deadline.

Finance (MS)
  Required Degree Bachelor's Degree from a regionally accredited college or university in the United States or have proof of equivalent training at a foreign institution
  Minimum GPA 3.0 (on a 4.0 scale) departments may consider GPA of last 60 semester credit hours
  Coursework 18 credit hours in an area related to this graduate degree and at least 12 hours must be at the upper-division level
  Transcripts* Required from all institutions attended; international transcripts must be recorded/translated to English
  Credential Evaluation Required if you have earned university-level credit from foreign institutions, submit an evaluation of your transcripts from Educational Credential Evaluators (ECE) directly from the graduate admission application platform
  GRE/GMAT Required scores not older than five years
  TOEFL/IELTS Score 550 TOEFL Paper / 79 TOEFL Internet / 6.5 IELTS scores for International applicants (exempt countries)
  Purpose Statement Required 750-900 words describing research interest and why you're applying
  Resume Required
  Letters of Recommendation 1 letters demonstrating your academic and personal attributes for success in this program (you will request these through the Graduate Admissions Application; let your recommenders know of your deadline to ensure submissions are on time) (optional 3 letters of recommendation can be submitted)
*Unofficial transcripts will be taken into consideration for admissions; however if admitted into the program, you must submit official transcripts to the University.
Apply for Spring/Summer 2023 Apply for Fall 2023 or Spring/Summer 2024

Admission Deadlines

Applicants are encouraged to have their admission file completed as early as possible. All applications, required documents and letters of recommendation if applicable must be submitted by 5:00 PM U.S. Central Time on the day of the deadline. Deadlines are subject to change.

Finance (MS)
Completed applications will be reviewed for admission on rolling basis. Decisions generally will be made and sent to applicants within 4 to 6 weeks of receiving the application.
  Fall Spring Summer
Priority April 1 October 1 Not Available
International June 1 November 1 Not Available
Domestic July 15 December 1 Not Available

Funding Opportunities


Career Options

UTSA prepares you for future careers that are in demand. The possible careers below is data pulled by a third-party tool called Emsi, which pulls information from sources like the U.S. Bureau of Labor Statistics, U.S. Census Bureau, online job postings, other government databases and more to give you regional and national career outlook related to this academic program.

  • Acelity
  • BP Capital
  • Citibank
  • Dell Technologies
  • Deloitte
  • Ernst and Young
  • Frost Bank
  • General Motors
  • Goldman Sachs
  • Harland Clarke
  • H-E-B
  • J.P. Morgan
  • Oracle
  • PwC
  • Rackspace
  • Texas Capital Bank
  • USAA
  • US Global Investors
  • Valero Energy Corporation

For students interested in managing businesses associated with real estate and the planning, financing, developing and construction of building projects, UTSA offers an MS in Finance with a concentration in Real Estate Finance and Development.

Featured Courses:
  • Real Estate Principles
  • Real Estate Finance and Investment
  • Real Estate Construction
  • Real Estate Development
  • Investment Theory and Problems
  • Modeling of Financial Decision Making
  • Entrepreneurial Financial Management
  • Derivatives Markets and Instruments

Graduate Advisor of Record

Ivalina Kalcheva, PhD


Graduate Advisor of Record (Real Estate Concentration)

Tony Ciochetti, PhD