MS in Finance International Applicants

If you are from the former USSR or a European country, submit English translations along with your credentials in the original language.

Please submit transcripts and degree award statements in English and Chinese.

Due to the temporary suspension of GMAT, GRE, TOEFL, or IELTS testing in China, we will extend our application deadline for those who have not yet taken their exam(s). Please contact [email protected] if your test has been cancelled and you need to extend your deadline.

If you've graduated from a university in the above countries, you may submit copies of certified or attested mark sheets or reports that detail results of all exams. These credentials must be certified by university personnel or government officials. They should bear the original signature of the certifying official. Do not certify your own credentials.

Test scores are not required for applicants that have completed post-secondary coursework in:  

• United States
• Canada (except Quebec)
• United Kingdom/Ireland
• Australia
• New Zealand
• Ghana
• Kenya
• Nigeria

To qualify for exemption, the coursework: 

• Consists of least 16 semester credits or 24 quarter credits,
• Does not include ESL coursework, and
• Was completed within the past 2 years, and
• You were living in one of the countries listed above while completing all of the credits.

Please note that the exam date should be within two years of the graduate program start date. 

Graduate School Minimum Requirements

• Total Score: 79
• Writing Subscore: 21
• Reading Subscore: 19

Please note that these scores are the minimum University requirements. No exceptions can be made.

Typically competitive candidates have average scores of 90-105 on the internet-based TOEFL.

The University of Minnesota Twin Cities does not consider MyBest Scores: Sum of Highest Section Scores of the TOEFL iBT Score Report to meet the minimum total score requirement for admission. Applicants should self-report their highest Total Score from the one test date in the Application for Admission. Applicants should also submit the official TOEFL iBT scores via ETS.

Please note that the exam date should be within two years of the graduate program start date. 

Minimum Scores for Admission

• Total Score: 6.5
• Writing Subscore: 6.5
• Reading Subscore: 6.5

Please note that these scores are the minimum University requirements. No exceptions can be made.

Please note that the exam date should be within two years of the graduate program start date. 

Minimum Scores for Admission

• Total Score: 59
• Writing Subscore: 59
• Reading Subscore: 59

Please note that these scores are the minimum University requirements. No exceptions can be made.

Typically competitive candidates have a total score of 65 or higher.

The Duolingo English Test will be accepted with the score and test date requirements listed below. Please visit the Duolingo preparing for the exam, scheduling the exam, and FAQs sites for more information. 

Minimum Scores for Admission

• Overall Score: 115 or above
• Subscore for Literacy section: 115 or above

Your exam date should be within two years of the program's start date.

NOTE: We do not offer an option for the English language ability to be assessed upon arrival on campus.

We're now accepting the Cambridge C1 Advanced and we're following grad admissions standards for scores:

Minimum Scores for Admission

• Total Score: 180
• Writing Subscore: 180
• Reading Subscore: 180

For additional information, please review the Graduate School's breakdown on English Proficiency Exams.