Why Pursue a Finance Master's Degree
Over the last two decades, the financial marketplace has undergone significant changes, and it’s essential for professionals to understand this new financial environment to keep up with the latest developments. To achieve this, you need training in state-of-the-art analytical and computational techniques.
Our curriculum is rigorous and can be tailored to suit your needs. Our esteemed faculty members, many with years of experience and connections at leading financial institutions, will guide you through the program. Additionally, as a member of the CFA Institute’s University Affiliation Program, over 70% of the CFA®️️️ Program Candidate Body of Knowledge™️️️ has been integrated into the course content.
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.
Register for an Info Session
Interested in learning more about UTSA’s Carlos Alvarez College of Business Master of Science in Finance program? Register to attend an upcoming Information Session where you’ll have the opportunity to review application procedures, learn admissions requirements and ask questions.
STEM Designated Degree Program
This program in the UTSA Carlos Alvarez College of Business is included on the U.S. Department of Homeland Security’s STEM Designated Degree Program list.
STEM Designated Degree Programs provide several benefits, including:
- High career growth potential and competitive salaries
- Development of transferrable skills such as adaptability, critical thinking, research and analysis
- International students on an F-1 visa are eligible for up to 24 months of Optional Practical Training (OPT)
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 an 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 | |
| English Language Proficiency | 550 TOEFL Paper / 79 TOEFL Internet / 6.5 IELTS / Duolingo 100 | |
| Purpose Statement | Required | |
| Resume | Required | |
| Letters of Recommendation | 1 academic or professional reference(s) demonstrating your attributes for successful completion of 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. | ||
Application 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) | |||
|---|---|---|---|
| Timing on Admission Decision: Completed applications will be reviewed for admission on a rolling basis. Decisions generally will be made and sent to applicants within 4 to 6 weeks of receiving the application. | |||
| Application Deadlines for: | Priority | International | Domestic |
| Fall 2024 | June 1 | August 1 | |
| Spring 2025 | November 1 | December 1 | |
| Summer 2025 | Not Available | Not Available | |
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.
The tuition cost and related fees indicated below will vary by semester, number of courses taken, residency status and enrollment level (full-time or part-time). The table below is based on the 2023-2024 graduate student fee schedule. For the current fee schedule, reference: utsa.edu/financialaffairs/services/fiscal-services/tuition-fees
Fall 2023, Spring 2024, Summer 2024 Tuition and Fees (subject to change)
| Resident | University Tuition and Fees1, 2, 3 | Business Differential Tuition ($129/credit hour) | Semester Fee for Master’s Students | Total |
|---|---|---|---|---|
| 3 hours | $1,772.07 | $407.10 | $150.00 | $2,329.17 |
| 6 hours | $3,101.67 | $814.20 | $150.00 | $4,065.87 |
| 9 hours | $4,473.27 | $1,221.30 | $150.00 | $5,844.57 |
| 12 hours | $5,844.87 | $1,628.40 | $150.00 | $7,623.27 |
| 15 hours | $6,977.07 | $2,035.50 | $150 | $9,162.57 |
1Note: additional $75 fee for each online/hybrid course
2Additional $10 in first semester
3Does not include parking or health insurance
Fall 2023, Spring 2024, Summer 2024 Tuition and Fees (subject to change)
| Non-Resident | University Tuition and Fees1, 2, 3, 4 | Business Differential Tuition ($129/credit hour) | Semester Fee for Master’s Students | Total |
|---|---|---|---|---|
| 3 hours | $4,863.63 | $407.10 | >$150.00 | $5,420.73 |
| 6 hours | $9,284.79 | $814.20 | $150.00 | $10,248.99 |
| 9 hours | $13,747.95 | $1,221.30 | $150.00 | $15,119.25 |
| 12 hours | $18,211.11 | $1,628.40 | $150.00 | $19,989.51 |
| 15 hours | $22,434.87 | $2,035.50 | $150 | $24,620.37 |
1Note: additional $75 fee for each online/hybrid course
2Additional $10 in first semester
3Does not include parking or health insurance
4International students are assessed an additional $125 per semester
- Acelity
- BDO USA LLP
- 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
