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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 ₹ 85.17 Lakhs (USD 93834). Earlier in 2024, the MFin Fee was ₹ 82.83 Lakhs (USD 91250). This shows that the academic fees has increased by ₹ 234549 (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 (₹ 85.17 Lakhs). Meanwhile, the total cost is USD 145302/Year (₹ 1.32 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 | ₹ 85.17 Lakhs | USD 93834 |
| Application Fee | ₹ 13,616 | USD 150 |
The other expenses for MFin at Massachusetts Institute of Technology is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Housing | ₹ 19.61 Lakhs | USD 21600 |
| Transportation | ₹ 3.33 Lakhs | USD 3672 |
| Food | ₹ 9.04 Lakhs | USD 9960 |
| Health Insurance | ₹ 4.15 Lakhs | USD 4572 |
| Books and supply | ₹ 1.36 Lakhs | USD 1500 |
| Miscellaneous expenses | ₹ 8.84 Lakhs | USD 9744 |
| Other Fees | ₹ 38,123 | USD 420 |
| Total Cost | ₹ 46.72 Lakhs | USD 51468 |
MFin Tuition Fee Trends at MIT
MIT MFin Fees for Indian students is ₹ 85.17 Lakhs (USD 93834). This academic fee has increased by ₹ 234549 (USD 2584) 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 | ₹ 85.17 Lakhs | USD 93834 |
| 2024 | ₹ 82.83 Lakhs | USD 91250 |
| 2023 | ₹ 1.08 Crore | USD 118450 |
| 2021 | ₹ 1.08 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 94,388 /Yr | INR 85.7 L/Yr |
| Johns Hopkins University | MS Finance | USD 91,500 /Yr | INR 83.1 L/Yr |
| Princeton University | MFin | USD 65,120 /Yr | INR 59.1 L/Yr |
| University of California | MEng Financial Engineering | USD 87,046 /Yr | INR 79 L/Yr |
Important Alert
- Decision Released For 2026 Intake - Mar 10, 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 | $118450 |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For 2026 Intake | |
| Decision Released For 2026 Intake | Mar 10, 2026 |
| Program Start | Jul 1, 2026 |
Scores Required
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Key Resources for Your Study Abroad Journey
Course Guides
Best MS Courses in USA for International Students in 2025
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
MBA in Finance in the USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
MS in Finance in USA: Fees 2024, Top Colleges, Placements & Salaries
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Comindware Scholarship | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 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 |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for Fall 2026 Intake (1st May 2026) | USD 94,388 /Yr |
| ||
Round 3 Candidate Deadline for Fall 2026 Intake (19th Mar 2026) | USD 91,500 /Yr |
| ||
 MFin, Princeton University2 years | -- | USD 65,120 /Yr |
| |
-- | USD 87,046 /Yr |
|
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