₹5.9 Cr/Yr
Suffolk University Master of Science in Finance (MSF) is a postgraduate, 31-credit programme completed full-time on campus in as few as 9 months in Boston, Massachusetts. Spring 2027 applicants need a bachelor’s degree or equivalent and a university-level statistics course. Equivalent industry experience may satisfy the statistics condition, and calculated tuition is US$47,120 (INR 45.09 Lakhs) plus published charges.
The current official page lists hybrid and online formats. Its fully online option is fall-only and part-time, so this page uses the international full-time on-campus route. The curriculum develops company valuation, investment analysis, derivatives, econometrics and financial policy through five concentrations in Corporate Finance, Financial Services and Banking, FinTech, Investments and Risk Management. Its Science, Technology, Engineering and Mathematics (STEM) designation, Chartered Financial Analyst (CFA) Institute affiliation and Global Association of Risk Professionals (GARP) partnership give the degree a certification-oriented finance focus.
- The required first-semester statistics, accounting and finance intensive can close foundational gaps before advanced finance courses.
- A 3-credit graduate internship is listed among approved finance electives, subject to course availability and planning.
- The concentration appears on the transcript rather than the diploma, so select one only after checking the semester schedule.
Current Admission Status
Applications for the Spring 2027 intake are Open. International student deadline: 01 December 2026.
Suffolk publishes the date without a portal time or timezone, so Indian applicants should submit a complete file before the Boston-date cutoff. The earlier 01 November 2026 date applies to Sawyer fellowship employment consideration.
Sawyer MS Finance Fees and Living Costs 2027
Spring 2027 full-time Master of Science in Finance students use the published 2026-2027 Sawyer graduate rate of US$1,520 (INR 1.45 Lakhs) per credit. At the current 31-credit requirement, calculated tuition is US$47,120 (INR 45.09 Lakhs) before application and semester charges.
Tuition is billed by registered credits, so the final invoice depends on the course schedule and any prerequisite waivers. The fee page also lists a non-refundable application charge and several semester-based charges.
2026-2027 fee context: The table applies to the full-time Sawyer route. It labels possible prerequisite cost separately because it affects non-business applicants only when a waiver is not granted.
| Fee item | Basis | Amount in USD | INR equivalent |
|---|---|---|---|
| Graduate tuition | Per credit | US$1,520 | INR 1.45 Lakhs |
| Calculated programme tuition | 31 credits × US$1,520 | US$47,120 | INR 45.09 Lakhs |
| Possible prerequisite tuition | Up to 4.5 additional credits | US$6,840 | INR 6.54 Lakhs |
| Graduate application fee | One application | US$50 | INR 4,784 |
| Graduate Student Activity Fee | Per semester | US$93 | INR 8,898 |
| University Technology Fee | Full-time, per semester | US$210 | INR 20,093 |
| SBS Entry Fee | Per semester | US$375 | INR 35,881 |
All INR conversions in the article use a conversion rate of USD 1 = INR 95.6814 as of 25 August 2026. Rates fluctuate daily, verify before applying.
Source: Suffolk University 2026-2027 Graduate Tuition and Fees page and 2026-2027 Master of Science in Finance catalog.
- The calculated tuition reaches INR 45.09 Lakhs before living costs, so arrange funding against the full 31-credit requirement.
- Non-business applicants should confirm prerequisite waivers before accepting an offer because up to 4.5 extra credits can add INR 6.54 Lakhs.
- The application fee may be waived after a campus visit or eligible event, which can lower the initial cash requirement.
Cost of Living in Boston for MS Finance Students
Suffolk’s 2026-2027 graduate estimate is US$42,740 (INR 40.89 Lakhs) per year for students living independently. It is an indirect cost estimate rather than a tuition bill.
The university combines housing, food, books, transportation and other costs in one annual estimate. Monthly figures below are calculated by dividing each annual amount by 12, and the miscellaneous line includes a health insurance estimate.
| Expense | Monthly (USD) | Monthly (INR) | Annual (USD) | Annual (INR) |
|---|---|---|---|---|
| Housing | US$2,291.00 | INR 2.19 Lakhs | US$27,492 | INR 26.30 Lakhs |
| Food | US$367.00 | INR 35,115 | US$4,404 | INR 4.21 Lakhs |
| Books and supplies | US$100.00 | INR 9,568 | US$1,200 | INR 1.15 Lakhs |
| Mandatory fees | US$50.50 | INR 4,832 | US$606 | INR 57,983 |
| Loan fees | US$45.50 | INR 4,354 | US$546 | INR 52,242 |
| Transportation | US$251.67 | INR 24,080 | US$3,020 | INR 2.89 Lakhs |
| Miscellaneous, including health insurance estimate | US$456.00 | INR 43,631 | US$5,472 | INR 5.24 Lakhs |
| Total indirect expenses | US$3,561.67 | INR 3.41 Lakhs | US$42,740 | INR 40.89 Lakhs |
A calculated nine-month living illustration is US$32,055 (INR 30.67 Lakhs), using nine-twelfths of the official annual estimate. Adding the 31-credit tuition and application fee produces a calculated baseline of US$79,225 (INR 75.80 Lakhs).
This baseline excludes actual semester charges, travel, deposits and currency movement. It is a planning calculation, not a university-published programme total.
Check Out: USA student living-cost guide
Budget note
The living estimate contains its own mandatory-fees line, so reconcile it against the actual SBS activity, technology and entry charges before paying. Keep separate reserves for travel and deposits.
ROI reality: The calculated nine-month baseline reaches US$79,225 (INR 75.80 Lakhs), so confirm prerequisite waivers and funding before accepting a Spring 2027 offer.
Sawyer MS Finance Admission 2027
Suffolk publishes no programme-specific GPA or percentage cutoff for the Master of Science in Finance. Applicants need a bachelor’s degree or equivalent international degree and proof of degree conferral before enrollment.
The course also requires a university-level statistics course passed within the past five years or equivalent industry experience. Non-business majors may need up to 4.5 prerequisite credits, although equivalent coursework can be waived under catalog rules.
A course-by-course evaluation from a NACES (National Association of Credential Evaluation Services) member is strongly encouraged and may be required. Suffolk decides equivalency, so no numeric Indian conversion applies because no foreign GPA threshold is published.
Spring 2027 admission requirements: The table separates published academic conditions from documents that show readiness for the quantitative curriculum.
| Admission item | Published requirement | Indian-applicant action |
|---|---|---|
| Academic degree | Bachelor’s degree or equivalent international degree | Submit all post-secondary marksheets and proof of degree conferral |
| GPA or percentage | No programme-specific minimum is published | Use the goal statement to explain academic context and quantitative preparation |
| Statistics preparation | University-level statistics course within five years or equivalent industry experience | Show the course title and date on the transcript or describe relevant work evidence |
| Prerequisite courses | Economics, financial information and financial management courses may be required or waived | Request a waiver with official transcripts showing equivalent coursework |
| Credential evaluation | Course-by-course evaluation from a NACES member is strongly encouraged and may be required | Use an approved evaluator or provide official records with certified English translation |
| Academic testing | Not required for Sawyer graduate admission; optional scores may be submitted | Submit a score only when it adds evidence beyond the transcript |
| Goal statement | Explain short-term and long-term professional objectives and programme fit | Connect a chosen concentration with a defined finance role |
| Resume | Current resume covering academic, work, volunteer and relevant skills | Highlight valuation, analytics, finance projects or client-facing work |
| Reference | One Sawyer reference assessment from a faculty member or supervisor | Choose a referee who can assess analytical and professional readiness |
| Interview | The admission committee may request an interview | Prepare to explain the accelerated Boston study plan and concentration choice |
The Graduate Management Admission Test (GMAT) and Graduate Record Examinations (GRE) are not required for Sawyer graduate admission. Optional scores can strengthen an application, but a submitted score is reviewed once and cannot be added after admission for merit reconsideration.
No current programme-specific ranking from major ranking providers was verified for this MSF, so rankings are not used to judge its fit.
English Language Proficiency for MS Finance 2027
International applicants need proof of English proficiency unless an official exemption applies. IELTS (International English Language Testing System) and TOEFL (Test of English as a Foreign Language) are accepted alongside PTE-Academic (Pearson Test of English Academic), Duolingo and Michigan English Test.
The published floors below are for full admission, and Suffolk accepts both original and new TOEFL scales during transition. The university considers only the most recent English test, and scores remain valid for two years.
English score requirements: The table preserves Suffolk’s published scales and component floors without self-conversion.
| Test and scale | Official minimum | Indian-applicant action |
|---|---|---|
| IELTS | 6.5 overall with no subscore below 6.0 | Check every band before sending the score |
| TOEFL original scale | 80 overall with no subscore lower than 17 | Use the 0 to 120 result exactly as reported |
| TOEFL new band scale | Overall band 4.5 with no subscore lower than 4 | Use the band result exactly as reported |
| TOEFL Essentials | 8.5 overall with no subsection below 8 | Check each subsection before submission |
| PTE-Academic | 65 overall | Send the official result directly through the testing service |
| Duolingo English Test | 110 overall with Literacy 110, Conversation 100, Comprehension 120 and Production 85 | Check all four components against the published floors |
| Michigan English Test | 58 with no subscore lower than 57 | Confirm that the score remains within its two-year validity period |
Indian applicants should treat component floors as hard checks rather than optional targets. A single overall score cannot compensate for a lower published IELTS band, TOEFL subscore, TOEFL Essentials subsection or Duolingo component.
- Book the test early enough to repeat one section while keeping the two-year validity window intact.
- Use the new TOEFL band row only when the score report shows that scale, and do not self-convert the original 0 to 120 result.
- If your English-medium degree was completed within the last two years, upload evidence of the documented language of instruction before relying on a waiver.
Tip for Indian students: No GPA cutoff is published, so use the transcript, statistics preparation, goal statement and English component scores to make academic readiness clear.
Sawyer MS Finance Application 2027
Spring 2027 is the next applicant-accessible intake for international students, and Suffolk lists 01 December 2026 as the international submission date. The earlier 01 November 2026 date is for Sawyer Business School fellowship employment consideration.
The Fall 2027 international date is 15 June 2027, and both published intakes move to rolling review after the listed date. Summer study is listed for domestic students only, so it is not an international MSF intake.
The application needs an online form, a US$50 (INR 4,784) fee, unofficial transcripts, a goal statement, a resume, one reference contact and official English scores. Sawyer applicants provide contact details for an online reference assessment, so a written recommendation letter is not required for this programme.
Forward-looking international schedule: The table lists every current start term and separates admission timing from fellowship consideration.
| Start term | International submission date | Sawyer fellowship consideration | Decision timing |
|---|---|---|---|
| Spring 2027 | 01 December 2026 | 01 November 2026 | Rolling review; fixed decision date not published |
| Summer 2027 | Domestic students only | No merit funding for summer entrants | Not an international MSF intake |
| Fall 2027 | 15 June 2027 | 01 July 2027 | Rolling review; fixed decision date not published |
Suffolk publishes these calendar dates without a portal time or timezone, so an exact Indian Standard Time conversion is unavailable. The portal timestamp controls, and Indian applicants should upload a complete file before the displayed Boston-date cutoff.
- Complete the fellowship-sensitive Spring 2027 file by 01 November 2026 when merit funding is central to your financing plan.
- Use unofficial transcripts for initial review, then arrange sealed or secure official records before enrollment.
- Draft the goal statement around one finance role and one concentration before asking a referee to assess your preparation.
- Choose the full-time on-campus route for Spring 2027 because the fully online format is fall-only and part-time.
Check Out: Sawyer Business School finance programmes
Application tip: Spring 2027 admission closes for international applicants on 01 December 2026, but fellowship consideration comes earlier, so submit the funding-sensitive file first.
Sawyer MS Finance Scholarships 2027
Suffolk automatically considers international applicants for merit funding at admission, and no separate merit application is required. Merit awards are available for fall and spring entrants, while the university states that summer entrants do not receive merit funds.
The scholarship page lists current annual ranges but does not label them as Spring 2027 awards. Treat the figures as current published planning references rather than target-cycle guarantees until the offer letter confirms your amount and renewal terms.
Named funding relevant to Sawyer graduate applicants: The table separates general merit awards from awards that require Suffolk alumni status or membership in a partner organisation.
| Award | Published value | INR equivalent | Eligibility and route | Timing |
|---|---|---|---|---|
| SBS Graduate Fellowship | US$17,600 to US$27,700 per academic year | INR 16.84 Lakhs to INR 26.50 Lakhs | Full-time Sawyer graduate students; funding combines scholarship and employment | Automatic at admission; Spring fellowship consideration by 01 November 2026 |
| SBS Graduate Grant Scholarship | US$6,000 to US$8,000 per academic year | INR 5.74 Lakhs to INR 7.65 Lakhs | Sawyer graduate students; renewable when eligibility conditions remain satisfied | Automatic at admission; no separate deadline published |
| Partner Scholarship Program | 30% tuition reduction | Percentage reduction | Employees or members of participating partner organisations | Confirm current partner status before relying on the reduction |
| SBS Alumni Scholarship | US$6,000 to US$12,500 per academic year | INR 5.74 Lakhs to INR 11.96 Lakhs | Suffolk undergraduate alumni entering an SBS graduate programme; cannot combine with another institutional award | Contact Graduate Admission for current route and timing |
The Battillo Family Scholarship is another possible route for a Sawyer graduate with demonstrated financial need, with preference for students from South Boston or the Boston metropolitan area. Its amount and deadline are not published, so treat it as a conditional enquiry rather than committed funding.
Outside scholarships can affect the aid package, and Suffolk does not allow grant or scholarship funding above direct university costs. That rule makes written confirmation of award stacking important before reducing your self-funded reserve.
- The fellowship maximum is US$27,700 (INR 26.50 Lakhs) per academic year, but budget without it until Suffolk issues a written award.
- Spring 2027 applicants should complete the funding-sensitive file by 01 November 2026 because the fellowship date precedes the admission date.
- Applicants relying on the Partner Scholarship should verify that their employer or professional organisation appears on the current partner list.
- Suffolk alumni should compare the SBS Alumni Scholarship with other institutional awards because the page restricts concurrent institutional funding.
Check Out: USA scholarships for Indian students
Funding note
The award page does not confirm Spring 2027 amounts, so keep the full calculated tuition and living baseline financeable without a scholarship.
Scholarship reality: Automatic merit consideration can reduce the US$47,120 (INR 45.09 Lakhs) calculated tuition, but current published ranges are not Spring 2027 award guarantees.
Sawyer MS Finance Salary 2027
Suffolk’s current Master of Science in Finance page lists job titles and employers, but it does not publish a course-cohort salary, offer rate or placement definition. That missing scope limits a direct payback calculation.
Reported roles include investment operations representative, analyst, implementation analyst, research associate, fund management analyst and wealth management associate. Named employers include BlackRock, Fidelity Investments, Goldman Sachs, JPMorgan Chase, State Street, Santander Bank and Wellington Management, but employer presence confirms examples rather than typical outcomes.
Suffolk’s graduate outcomes page reports that 96% of graduate-level Class of 2024 graduates were employed or continued education within one year. A graduate-programmes summary reports 97% of Sawyer Business School graduates working in their chosen field, but neither measure is MSF-specific.
The BLS (Bureau of Labor Statistics) provides an external market benchmark for financial and investment analysts. This federal measure covers workers across employers and experience levels, not Suffolk graduates.
Career evidence and salary scope: The table separates exact programme evidence, school-level evidence and the external occupation benchmark.
| Evidence type | Published measure | INR equivalent | Scope and limitation |
|---|---|---|---|
| Exact MS Finance programme | Named finance roles and employers; salary and offer rate not published | Not applicable | Career examples without cohort size, survey date or placement definition |
| Suffolk graduate outcomes | 96% employed or continued education within one year, Class of 2024 | Not applicable | Graduate-level university measure, not MS Finance-specific |
| Sawyer Business School summary | 97% working in a chosen field | Not applicable | School-level summary without an MS Finance cohort salary |
| External job-market benchmark | US$101,350 median annual wage for financial and investment analysts, May 2024 | INR 96.97 Lakhs | U.S. occupational benchmark, not a Suffolk graduate outcome |
Source: Suffolk University MS Finance programme page, Suffolk graduate outcomes page and the Bureau of Labor Statistics financial analyst profile.
External industry benchmarks: BLS also reports May 2024 median wages by industry for financial and investment analysts. These figures help frame market variation, but they do not predict the first salary of an MS Finance graduate.
| Industry | Median annual wage, May 2024 | INR equivalent |
|---|---|---|
| Securities, commodity contracts and financial investments | US$124,050 | INR 1.19 Crore |
| Professional, scientific and technical services | US$100,960 | INR 96.60 Lakhs |
| Credit intermediation and related activities | US$99,990 | INR 95.67 Lakhs |
| Management of companies and enterprises | US$99,760 | INR 95.45 Lakhs |
| Insurance carriers | US$93,030 | INR 89.01 Lakhs |
Gross market pay is not take-home pay because taxes, benefits and location change disposable income. Use an actual offer and the IRS tax withholding estimator guidance when modelling repayment.
Return on Investment for MS Finance 2027
ROI for this professional programme is not a forecast because no course-cohort salary is published. The calculated nine-month baseline is US$79,225 (INR 75.80 Lakhs) before visa costs, actual semester fees, travel and deposits.
- The US$79,225 (INR 75.80 Lakhs) baseline excludes several arrival costs, so obtain a written billing estimate before finalising a loan.
- The MS Finance page provides named roles but no cohort salary, so request the latest outcome data before using a repayment period.
- The BLS median of US$101,350 (INR 96.97 Lakhs) is gross, so test cash flow with a tax estimator and Boston housing costs rather than salary alone.
- The STEM designation may allow 12-month OPT plus a possible 24-month extension, so confirm degree and employer eligibility before borrowing on a three-year work window.
- An India-return plan should value the five concentrations and finance network separately because a United States occupational median does not transfer directly to Indian pay.
ROI reality: The course offers a short STEM finance route with named employer examples, but the absence of course salary data makes full-cost funding and outcome verification essential.
United States Visa for Sawyer MS Finance Students 2027
International students on the full-time on-campus MSF normally use the F-1 student visa for study in the United States. The Department of State lists a US$185 (INR 17,701) application fee, and the I-901 SEVIS fee is US$350 (INR 33,488). SEVIS means Student and Exchange Visitor Information System, which supports the Form I-20 record. Optional Practical Training (OPT) permits field-related work, and Suffolk identifies the MSF as STEM-designated while the Department of Homeland Security decides any STEM extension.
- Keep the US$185 (INR 17,701) visa fee and US$350 (INR 33,488) SEVIS fee separate from the university budget, and distinguish both from consular proof-of-funds requirements.
- Standard post-completion OPT can last up to 12 months, while a STEM extension may add 24 months when the degree, employer and job meet government rules.
- H-1B sponsorship has no single course-specific salary threshold because the employer must meet the higher of the actual wage or prevailing wage for the role.
- F-2 status may cover a spouse and unmarried minor children, but an F-2 spouse cannot work and permanent residence requires a separate employment-based route.
Read More: USA post-study work options
Visa reality: The MSF’s STEM designation may support up to 36 months of eligible work authorisation, but government approval and employer conditions prevent treating that window as guaranteed.
Suffolk University MS Finance fits Indian applicants with quantitative preparation who want a specialist finance degree in Boston rather than a broad management programme. Its 31-credit structure combines valuation, investments, econometrics, five concentrations and STEM status within as few as nine months. The material tradeoff is the calculated US$79,225 (INR 75.80 Lakhs) baseline before visa and actual semester charges, while course-cohort salary evidence is unpublished. Submit the funding-sensitive file by 01 November 2026 and the international application by 01 December 2026 after confirming prerequisite waivers and your work-route plan.
Suffolk University MS Finance FAQs
Ques. Does Suffolk MS Finance suit an Indian applicant from a non-business degree?
Ans. Yes, if you can show statistics preparation or relevant industry experience. Non-business applicants may need up to 4.5 prerequisite credits, so confirm waivers before using the 31-credit tuition calculation.
Ques. Does Suffolk MS Finance require GMAT, GRE or a minimum GPA?
Ans. No. Suffolk does not require GMAT or GRE and publishes no programme-specific GPA cutoff, so your transcript, quantitative evidence and goal statement carry the academic explanation.
Ques. What is the calculated Spring 2027 budget for Suffolk MS Finance?
Ans. The calculated nine-month baseline is US$79,225 (INR 75.80 Lakhs), combining 31-credit tuition, nine months of living costs and the application fee. It excludes actual semester charges, visa costs, travel and deposits.
Ques. Should an Indian applicant choose Spring 2027 or the online MS Finance format?
Ans. Spring 2027 is the next international intake with a 01 December 2026 date. The fully online option is fall-only and part-time, so international applicants should use the full-time on-campus route for Spring.
Ques. Does the STEM designation guarantee a three-year work period after Suffolk MS Finance?
Ans. The MSF is STEM-designated and may support 12 months of OPT plus a possible 24-month extension. Government approval, employer eligibility, missing course salary data and the full cost baseline mean the work window cannot be treated as a repayment guarantee.
Also Check: Sawyer Business School admission profile
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹58596761 (USD 610701) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Accommodation cost | ₹2637857 (USD 27492) |
| Food | ₹422564 (USD 4404) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | ₹5574119 (USD 58094) |
| 2021 | ₹4372442 (USD 45570) |
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| QS Connect Master’s Scholarship | Scholarship per student₹ 4.8 L/Yr$5,000 | Level Of StudyMaster | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student₹ 3.4 L/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Novus Biological Scholarship Program | Scholarship per student₹ 1.4 L/Yr$1,500 | Level Of StudyAssociate | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| TEC Scholarship | Scholarship per student₹ 95,950/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |















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