Master of Finance [MFin]
Field of Study:
$93,834 /Yr
MIT MFin is a 18 months Full Time Master program. This program is offered On Campus, requiring a successful completion of 90 credits. The first year fees for MFin at MIT is ₹ 83.26 Lakhs (USD 93834). Earlier in 2024, the MFin Fee was ₹ 80.97 Lakhs (USD 91250). This shows that the academic fees has increased by ₹ 229278 (USD 2584).
For admission to MFin at MIT, international students need GMAT:700, GRE:260. The Program Start is 01 July 2026. For more details, check MIT Admissions 2026
According to Times Higher Education, MIT ranked 5 out of 1501 in Global Ranking.
MIT MFin Total Fees 2026
The tuition fee for MFin at MIT is USD 93834 per year (₹ 83.26 Lakhs). Meanwhile, the total cost is USD 145302/Year (₹ 1.29 Crore). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for MFin at Massachusetts Institute of Technology is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Tuition Fee | ₹ 83.26 Lakhs | USD 93834 |
| Application Fee | ₹ 13,310 | USD 150 |
The other expenses for MFin at Massachusetts Institute of Technology is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing | ₹ 19.17 Lakhs | USD 21600 |
| Transportation | ₹ 3.26 Lakhs | USD 3672 |
| Food | ₹ 8.84 Lakhs | USD 9960 |
| Health Insurance | ₹ 4.06 Lakhs | USD 4572 |
| Books and supply | ₹ 1.33 Lakhs | USD 1500 |
| Miscellaneous expenses | ₹ 8.65 Lakhs | USD 9744 |
| Other Fees | ₹ 37,267 | USD 420 |
| Total Cost | ₹ 45.67 Lakhs | USD 51468 |
MFin Tuition Fee Trends at MIT
MIT MFin Fees for Indian students is ₹ 83.26 Lakhs (USD 93834). This academic fee has remained the same from 2024. Candidates can check the year on year trends in MIT Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (USD) |
|---|---|---|
| 2026 | ₹ 83.26 Lakhs | USD 93834 |
| 2024 | ₹ 80.97 Lakhs | USD 91250 |
| 2023 | ₹ 1.05 Crore | USD 118450 |
| 2021 | ₹ 1.05 Crore | USD 118450 |
MIT MFin Application Deadlines & Important Dates
The key dates for the application process for MFin at MIT include:
- Application Deadline For 2026 Intake is 05 January 2026
- Decision Released For 2026 Intake is 10 March 2026
- Program Start is 01 July 2026
MFin at MIT Admission 2026
To be eligible for admission to MFin at MIT, applicants must meet specific academic and language requirements.
| Category | Details |
| School | MIT Sloan School of Management |
| Academic Requirement | A bachelor’s degree or equivalent from an accredited institution. |
| Duration of Program | 12 Months or 18 Months |
| Credits | 66 Credits |
| Entry Terms | Summer |
| Application Fee | $150 |
| Application Link | Apply Now |
| Documents Required |
Resume |
MIT MFin Application Link
MIT MFin Application Link; Apply Here
MFin at MIT Admission Requirements
For admission to MFin , MIT accepts GMAT, GRE exam. The average scores among admitted students are typically around: 700 in GMAT, 260 in GRE.
MFin Fee Comparison
The fee comparison for similar programs like MIT MFin are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| Columbia University | M.A Mathematics of Finance | USD 90,756 /Yr | INR 80.5 L/Yr |
| Johns Hopkins University | M.S Finance | USD 88,000 /Yr | INR 78.1 L/Yr |
| Princeton University | MFin | USD 65,210 /Yr | INR 57.9 L/Yr |
| University of California | MEng Financial Engineering | USD 13,140 /Yr | INR 11.7 L/Yr |
Also Check:
Important Alert
- Application Deadline For 2026 Intake - Jan 5, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $93834 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $21600 |
| Transportation | $3672 |
Fee Per Credit:$1382
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $91250 |
| 2023 | $118450 |
| 2021 | $118450 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For 2026 Intake | Jan 5, 2026 |
| Decision Released For 2026 Intake | Mar 10, 2026 |
| Program Start | Jul 1, 2026 |
Scores Required

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Key Resources for Your Study Abroad Journey
Course Guides
Best MS Courses in USA for International Students in 2025
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
MBA in Finance in the USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
MS in Finance in USA: Fees 2024, Top Colleges, Placements & Salaries
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| FINCAD Women in Finance Scholarship | Scholarship per student$ 20,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student$ 10,000/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Jane M. Klausman Women in Business Scholarship | Scholarship per student$ 5,000/Yr$5,000 | Level Of StudyBachelor | TypeMerit-Based | |
| VueVille Future Technology Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| QS Connect Master’s Scholarship | Scholarship per student$ 5,000/Yr$5,000 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for Fall 2026 Intake (1st May 2026) | USD 90,756 /Yr |
| ||
Round 1 Decision Release Deadline for Fall 2026 Intake (3rd Dec 2025) Round 2 Candidate Deadline for Fall 2026 Intake (14th Jan 2026) Round 1 Initial Deposit Deadline for Fall 2026 Intake (14th Jan 2026) Round 3 Candidate Deadline for Fall 2026 Intake (19th Mar 2026) | USD 88,000 /Yr |
| ||
MFin, Princeton University2 years | Application Deadline For 2026 Intake (15th Dec 2025) Fee Deposit for Fall Intake 2026 (25th Dec 2025) | USD 65,210 /Yr |
| |
Round 2 Application Deadline For 2026 Intake (8th Jan 2026) | USD 87,046 /Yr |
|
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