M.B.A Finance at Hofstra University [HOFSTRA U], Hempstead Fees, Entry Requirement & Application Deadline

M.B.A from Hofstra University

Hempstead, New YorkLocation
UniversitySchool type
Estd1935established year
11131enrollment
Private (Not for Profit)
Partner [7 Courses]
7.5/10

Master of Business Administration [M.B.A] (Finance)

2 years
Full Time
On Campus

Field of Study

$29,970 /Yr

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Study Abroad Team

Updated on - Aug 15, 2026

Hofstra University Master of Business Administration (MBA) in Finance is a 36-credit graduate degree in Hempstead, New York. The full-time campus route takes 16 to 24 months, and Hofstra also lists hybrid and online formats. Admission requires a bachelor’s degree, and a 3.2 GPA (Grade Point Average) waives GMAT (Graduate Management Admission Test) and GRE (Graduate Record Examinations) scores. For Indian applicants, plan around 70% to 80%, or CGPA (Cumulative Grade Point Average) 7.0 to 8.0 on 10, as an approximate range. Fall 2026 tuition is US$1,868 per credit (INR 1.79 Lakhs), and calculated 36-credit tuition is US$67,248 (INR 64.27 Lakhs); Fall and Spring starts are rolling.

The finance concentration combines MBA core training with finance-focused study and access to the Martin B. Greenberg Trading Room. The room has 34 Bloomberg terminals and professional finance tools, giving students a practice setting for market analysis. STEM (science, technology, engineering and mathematics) status can support a longer post-study work window, so the course suits applicants targeting finance roles.

  • A choice of in-person, hybrid and online formats supports different work or relocation plans.
  • Rolling Fall and Spring entry lets applicants align submission with transcript, score and funding readiness.
  • The Zarb School of Business co-op can provide paid, full-time experience related to a student’s specialization.

Current Admission Status

Applications for the Fall 2026 intake are Open. International student deadline: Rolling; no fixed programme-specific date published.

Rolling review means the file can be submitted while the intake remains available, but no fixed decision date is published. Indian applicants should complete English, transcript and funding documents before submitting because incomplete files can slow the Form I-20 (Certificate of Eligibility for Nonimmigrant Student Status) process.

Hofstra MBA Finance Fees and Living Costs 2026

Hofstra bills this MBA by credit, and the 2026-27 Zarb School of Business rate is US$1,868 per credit. The course requires 36 credits, so calculated tuition is US$67,248 (INR 64.27 Lakhs) before term fees, insurance and living costs.

The Fall 2026 financial estimate is more useful for visa planning than a tuition-only figure because it combines one academic year of charges with living and other expenses. The table separates published amounts from the calculated programme tuition.

Target-cycle fee context: The following figures come from Hofstra’s 2026-27 tuition page and the Fall 2026 international cost estimate.

Cost itemOfficial 2026-27 amountINR equivalentApplicant meaning
Zarb graduate tuitionUS$1,868 per credit hourINR 1.79 Lakhs per credit hourApplies to this 36-credit MBA
Calculated 36-credit tuitionUS$67,248, calculated as 36 credits x US$1,868INR 64.27 LakhsTuition only, not a university-published full-programme total
Graduate application feeUS$75INR 7,168Payable with the graduate application
University feeUS$225 per term for 8 to 11.99 creditsINR 21,503 per termConfirm the charge against each registered credit load
Technology feeUS$65 per term for 8 to 11.99 creditsINR 6,212 per termTerm charge varies with registered credits
Full-time graduate activity feeUS$30 per Fall or Spring termINR 2,867 per termApplies to full-time graduate registration
International student health planUS$1,149 Fall; US$1,592 SpringINR 1.10 Lakhs Fall; INR 1.52 Lakhs SpringBudget the term-specific amount separately
One-year Zarb financial evidenceUS$61,619INR 58.89 LakhsFall 2026 amount for one year of I-20 documentation

All INR conversions in the article use a conversion rate of USD 1 = INR 95.5699 as of 15 August 2026. Rates fluctuate daily, verify before applying.

Source: Hofstra 2026-27 tuition and fees.

  • The calculated US$67,248 (INR 64.27 Lakhs) tuition uses 36 credits at the published Zarb rate, so confirm any transfer credit or changed course load with the programme.
  • The US$61,619 (INR 58.89 Lakhs) figure is one-year financial evidence for Form I-20, not the total cost of completing the MBA.
  • Health insurance and term charges recur according to registration, so request a term-by-term billing estimate before accepting an offer.
  • The 16 to 24-month duration changes living and other costs, making a single-year estimate insufficient for loan planning.

Cost of Living in Hempstead for Hofstra MBA Finance Students

Hofstra’s Fall 2026 estimate lists annual living expenses of US$21,704 (INR 20.74 Lakhs) for Zarb graduate students. Monthly values below are calculated by dividing each annual amount by 12, so they are planning figures rather than monthly quotes.

ExpenseMonthly (USD)Monthly (INR)Annual (USD)Annual (INR)
Room or housingUS$1,479.17INR 1.41 LakhsUS$17,750INR 16.96 Lakhs
Residence Life feeUS$11.17INR 1,067US$134INR 12,806
Board or mealsUS$318.33INR 30,426US$3,820INR 3.65 Lakhs
Other expenses including personal costs, insurance, books and transportUS$443.42INR 42,376US$5,321INR 5.09 Lakhs
Published living expenses subtotalUS$1,808.67INR 1.73 LakhsUS$21,704INR 20.74 Lakhs

The official one-year Zarb estimate combines US$34,594 (INR 33.06 Lakhs) in tuition and fees with US$21,704 (INR 20.74 Lakhs) in living expenses. It also includes US$5,321 (INR 5.09 Lakhs) in other expenses, which keeps housing costs separate from the visa evidence total.

For planning, multiplying the official one-year estimate by 16/12 gives US$82,159 (INR 78.53 Lakhs) for 16 months. Multiplying it by 24/12 gives US$123,238 (INR 1.18 Crore) for 24 months, and both are calculated illustrations.

Read More: U.S. cost of living for international students

Budget note

The Fall 2026 estimate supports visa documentation, while the 16-month and 24-month illustrations support personal budgeting. Keep both figures separate and verify the registered credit load, insurance and payment schedule before borrowing.

Key insight: Tuition is calculated at US$67,248 (INR 64.27 Lakhs). A 16 to 24-month plan can reach US$82,159 (INR 78.53 Lakhs) to US$123,238 (INR 1.18 Crore), so model both durations before committing funds.

Hofstra MBA Finance Admission 2026

Admission requires a bachelor’s degree, transcripts from every previously attended institution and a résumé listing professional experience. No work experience is required, which keeps this MBA accessible to recent graduates who can show quantitative or business preparation.

The main test decision is the GPA waiver: a cumulative GPA of 3.2 or higher removes the GMAT and GRE requirement. Hofstra does not publish a country-specific Indian conversion, so the range below is approximate and should not replace transcript review.

Academic Eligibility for Indian Applicants

The academic table separates Hofstra’s published requirements from the evidence an Indian applicant should prepare. A 3.2 GPA is treated as an approximate US-scale planning point because the current programme page does not state its grading scale.

RequirementHofstra’s published positionIndian-applicant action
Bachelor’s degreeA bachelor’s degree is requiredSubmit the final degree certificate and complete transcript
Academic recordsTranscripts from all previously attended colleges and universities are requiredList every institution and keep official copies ready after admission
GPA and test waiverCumulative GPA 3.2 or higher removes the GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examinations) requirementPlan around 70% to 80%, or CGPA 7.0 to 8.0 on 10, as an approximate range
Work experienceNo work experience is requiredUse internships, projects or employment to show finance and business readiness
RésuméA résumé listing professional experiences is requiredQuantify finance, accounting, analytics or decision-support responsibilities

No current programme-specific ranking from the checked publishers was verified for this Finance MBA. An overall university position would not answer this admission decision, so no ranking section is substituted.

English Language Proficiency for Indian Applicants

Hofstra lists graduate international minimums for IELTS, TOEFL iBT, PTE Academic and ITEP; some graduate programmes can require higher proficiency. The current page also accepts Duolingo English Test scores and certain education-based waivers.

TOEFL policy: The current page publishes TOEFL iBT 80 on the 0 to 120 scale and does not publish a revised 1.0 to 6.0 policy. Verify the reporting format before submitting a newer score.

English routePublished minimumIndian-applicant reading
IELTS (International English Language Testing System)6.5Overall minimum listed for international graduate applicants
TOEFL iBT (Test of English as a Foreign Language Internet-based Test)80 on the 0 to 120 scaleConfirm that the score report uses the accepted scale
PTE Academic (Pearson Test of English Academic)53Alternative test route listed by Hofstra
ITEP (International Test of English Proficiency)4Alternative route listed for international applicants
Duolingo English Test120 or higherAccepted alternative route listed by Hofstra
Education-based waiverSome English-medium degrees and named-country routes may qualifyRequest written confirmation before omitting a test
  • Schedule IELTS, TOEFL iBT, PTE Academic or Duolingo early enough to retest while rolling review remains open.
  • Send Hofstra your grading scale before relying on the approximate 3.2 GPA waiver range.
  • Ask whether Finance requires any higher English threshold because the international page warns that some graduate programmes do.

Check Out: Hofstra University graduate programmes

Tip for Indian students: A 3.2 GPA can remove GMAT or GRE testing, but the approximate Indian range is not an official conversion. Obtain written confirmation before omitting a test or English score.

Hofstra MBA Finance Application 2026

Hofstra accepts Finance MBA applications on a rolling basis for Fall and Spring starts, and no fixed international deadline or decision interval is published. The practical deadline is document readiness because funding evidence and a tuition deposit support Form I-20 review.

Rolling admission benefits applicants who need time to complete English testing, but it does not guarantee that places remain available indefinitely. Submit a complete file once the academic record, résumé and financial documents are consistent.

Forward-looking application timing: Both Fall 2026 and Spring 2027 are listed as rolling starts, with no fixed programme-specific cutoff.

Start termInternational application deadlineDecision timingIndian-applicant action
Fall 2026Rolling; no fixed programme-specific date publishedRolling; no fixed interval publishedSubmit a complete file while the intake remains available
Spring 2027Rolling; no fixed programme-specific date publishedRolling; no fixed interval publishedConfirm seat availability before submitting the file

Because Hofstra publishes no clock-based cutoff, no IST conversion is available. The portal’s live status controls whether an application can be submitted.

Application Materials for Indian Applicants

Hofstra’s graduate business application allows unofficial transcripts for initial review, but official transcripts are required after acceptance. The application page also requests a résumé listing professional experience.

International processing adds a passport copy, an English bank statement, funding evidence and a nonrefundable tuition deposit. A Form I-20 is Hofstra’s certificate for F-1 (Student) status, and the university reviews these documents after admission.

Application componentPublished requirementAction for an Indian applicant
Application formGraduate business applicationUse the Finance MBA programme selection and check the live rolling status
TranscriptsAll previously attended colleges and universitiesUpload clear copies first and arrange official copies after acceptance
RésuméRésumé listing professional experiencesQuantify finance, accounting, analytics or investment-related responsibilities
English evidenceApproved test score or confirmed waiverAttach the score report or written waiver confirmation
Form I-20 filePassport, English bank statement, affidavit where needed and tuition depositKeep names, currency and sponsor details consistent across documents
  • Submit unofficial transcripts only for the initial review and preserve official copies for the post-admission step.
  • Explain the Indian grading scale in a short note because Hofstra does not publish a country-specific conversion.
  • Keep the bank statement in English and match the available balance to the Fall 2026 Zarb estimate of US$61,619 (INR 58.89 Lakhs).
  • Confirm the attendance pattern before paying a deposit because the Finance MBA lists in-person, hybrid and online formats.

Use the Hofstra graduate business application after checking the Finance MBA selection. Keep a saved copy of the submitted résumé, transcript set and funding documents.

Also Check: U.S. study options for international applicants

Application tip: Rolling admission makes a complete file more useful than a round strategy. Finalize English evidence, transcripts and US$61,619 (INR 58.89 Lakhs) of one-year funding evidence before submission.

Hofstra MBA Finance Scholarships 2026

Hofstra offers partial graduate scholarships based on merit, with awards decided by graduate programme faculty at admission. The current scholarship page publishes no Fall 2026 amount or separate deadline for the Finance MBA.

International students are not eligible for full-ride scholarships or need-based financial aid at Hofstra. That makes the funding decision conservative: treat every award as a possible reduction rather than as money available before admission.

Target-cycle funding status: The graduate merit route is current and published, but its Finance MBA value and deadline remain unpublished after checking the official scholarship page.

Funding routeApplicant profileValueTiming and action
Graduate merit scholarshipInternational graduate applicants assessed on academic meritPartial award; Fall 2026 amount not publishedAwarded at admission by graduate programme faculty; separate deadline not published

Source: Hofstra scholarship opportunities.

No named target-cycle award with a published amount was verified for this Finance MBA. General external scholarship databases cannot establish this programme’s eligibility, value or timing.

  • Submit a complete academic file because graduate programme faculty make the merit decision at admission.
  • Keep the full US$61,619 (INR 58.89 Lakhs) one-year Zarb funding estimate available until a written award appears.
  • Consider a strong standardized test score if funding matters because Hofstra says it may support additional scholarship consideration.
  • Ask your employer about tuition benefits before enrolment because Hofstra identifies employer support as an additional route.

The funding tradeoff is clear: the admission-linked route may reduce cost, but the current source gives no target-cycle amount. Calculate affordability at the published cost and subtract only a written award.

Check Out: Hofstra University profile

Funding note

Because the award amount is unpublished, submit the Finance MBA application with full-cost funding evidence. Recalculate the loan only after the admission letter states the scholarship value.

Scholarship reality: Hofstra confirms limited partial graduate scholarships, but not a Fall 2026 amount. Keep US$61,619 (INR 58.89 Lakhs) available for one-year evidence and treat any award as written cost relief.

Hofstra MBA Finance Salary 2026

The latest official graduate employment report checked for Hofstra’s Zarb School covers the 2022-2023 cohort. Its Finance row is course-labelled, while the Zarb row is school-level context.

The figures describe past graduate outcomes rather than a promise for Fall 2026 entrants. The report separates knowledge, career outcomes and employment, which prevents a salary figure from being read as a guaranteed job.

Outcome scope: The table keeps Finance results separate from wider Zarb results so Indian applicants can judge the evidence level.

Evidence scopeCohortKnowledge rateCareer outcomes rateEmployment rateMean salary (USD)Mean salary (INR)Timing and internship evidence
Course-cohort outcome: Finance2022-2023 graduate outcomes94%100%73%US$98,691INR 94.32 Lakhs64% at or before graduation; 18% within 3 months; 18% within 4 to 6 months; 0% after 6 months; 22% had an internship; average 1.20 internships
School-level context: Zarb School of Business2022-2023 graduate outcomes96%98%91%US$119,966INR 1.15 Crore74% at or before graduation; 14% within 3 months; 7% within 4 to 6 months; 5% after 6 months; 36% had an internship; average 1.65 internships

Source: Hofstra Zarb graduate employment report, published cohort 2022-2023.

The Finance row reports a 73% employment rate and a 100% career outcomes rate. Hofstra defines career outcomes as employment or graduate study, so the two measures answer different questions.

The Finance row’s mean salary is US$98,691 (INR 94.32 Lakhs), while the school-level mean is US$119,966 (INR 1.15 Crore). Neither figure is a required salary or a guaranteed offer.

Selected Zarb employers include BlackRock, Bloomberg, Citigroup, Goldman Sachs and Morgan Stanley. The report does not map those employers to the Finance row, so their presence is school-level destination evidence.

The report does not provide a university-cited external job-market benchmark for this MBA. Mean salary is not take-home pay, so use a current U.S. tax calculator before setting a repayment amount.

Return on Investment for Indian Applicants

A calculated planning range uses the official one-year Zarb estimate and the published 16 to 24-month duration. It runs from US$82,159 (INR 78.53 Lakhs) for 16 months to US$123,238 (INR 1.18 Crore) for 24 months.

  • The calculated US$82,159 (INR 78.53 Lakhs) to US$123,238 (INR 1.18 Crore) range includes tuition, fees, living and other expenses, so model both loan tenures.
  • The Finance row’s 73% employment rate means repayment should be tested against delayed employment rather than the mean salary alone.
  • The US$98,691 (INR 94.32 Lakhs) Finance mean salary is a historical gross figure, so calculate taxes and monthly cash flow separately.
  • Hofstra identifies the MBA concentrations as STEM, and the STEM OPT extension can add 24 months after initial OPT when degree and job conditions qualify.
  • The scholarship amount is unpublished, so keep US$61,619 (INR 58.89 Lakhs) available until an award is stated in writing.
ROI reality: The Finance row provides useful historical evidence, but it is not a future offer guarantee. Compare the written funding package with the calculated cost and test both host-country and India-return plans.

United States Visa for Hofstra MBA Finance Students 2026

Indian applicants using the in-person or hybrid Finance MBA route need an F-1 (Student) visa for university study. Hofstra issues Form I-20 documentation after admission, funding proof and a tuition deposit. The Fall 2026 Zarb amount is US$61,619 (INR 58.89 Lakhs) before any written merit award. The State Department guidance lists a US$185 (INR 17,680) visa fee, and I-901 SEVIS (Student and Exchange Visitor Information System) costs US$350 (INR 33,449).

  • OPT (Optional Practical Training) normally provides up to 12 months of work authorization, and a qualifying STEM extension may add 24 months.
  • Confirm the enrolled attendance pattern before paying a deposit because the separate Online MBA listing is not marked F-1 compatible in Hofstra’s comparison.
  • H-1B (specialty occupation work visa) sponsorship has no course-specific salary threshold, and the employer must meet the higher actual or prevailing wage.
  • Permanent residence has no course-linked timeline because employment category, sponsorship and visa availability control the later route.
  • F-2 status may cover a spouse and unmarried minor children, but F-2 dependants are not employment-authorized.

The STEM designation can extend the work window, but eligibility still depends on the degree’s classification, the qualifying job and the required employer conditions. Keep the visa plan separate from the course’s historical employment outcomes.

Check Out: U.S. student visa requirements

Visa reality: Hofstra identifies the Finance MBA as STEM and F-1 compatible, but the longer work window is conditional. Confirm the registered attendance pattern, degree classification and qualifying job before relying on it.

Hofstra MBA Finance fits Indian applicants who want a 36-credit STEM business degree with a finance concentration and flexible study in Hempstead. The course is strongest for candidates who can pair MBA breadth with quantitative finance preparation. Its 16 to 24-month route creates a calculated budget of INR 78.53 Lakhs to INR 1.18 Crore. The 2022-2023 Finance row offers historical employment evidence rather than a future offer guarantee. With Fall 2026 applications rolling, submit a complete file after confirming the F-1-compatible attendance pattern and funding plan.

Hofstra MBA Finance FAQs

Ques. Does Hofstra MBA Finance require work experience or GMAT and GRE scores?

Ans. No work experience is required, and a cumulative GPA of 3.2 or higher removes the GMAT and GRE requirement. Hofstra still reviews transcripts, résumé and English evidence.

Ques. What should an Indian applicant budget for Hofstra MBA Finance?

Ans. Calculated 36-credit tuition is US$67,248 (INR 64.27 Lakhs). A calculated 16 to 24-month planning range is US$82,159 (INR 78.53 Lakhs) to US$123,238 (INR 1.18 Crore).

Ques. Can an Indian applicant use Hofstra’s online Finance MBA on an F-1 visa?

Ans. Confirm the registered schedule with Hofstra before paying a deposit. The Finance MBA is listed as F-1 compatible, while the separate Online MBA listing is not marked F-1 compatible.

Ques. How do Fall 2026 and Spring 2027 applications work for this MBA?

Ans. Both starts are listed with rolling deadlines and no fixed decision interval. Submit a complete file when transcripts, English evidence and funding documents are ready.

Ques. What does Hofstra’s Finance MBA employment evidence mean for ROI?

Ans. The 2022-2023 Finance row reports 73% employment, 100% career outcomes and US$98,691 (INR 94.32 Lakhs) mean salary. These are historical course-cohort figures, not a future offer guarantee.


Tuition Fees

Year1st Year Fees
Tuition Fees$29970

Other Expenses

HeadAvg Cost Per Year
Books and supply$1000
Total Cost$1000

Previous Year Tuition Fees

Year1st Year Fees
2023$96300

Important Dates

Applications are accepted on a rolling basis.

Scores Required

6.5 / 9

Avg. Score in

IELTS

80 / 120

Avg. Score in

TOEFL

53 / 90

Avg. Score in

PTE

120 / 160

Avg. Score in

Duolingo

300 / 340

Avg. Score in

GRE

3 / 4

Minimum gpa

GPA

  • Avg. GMAT score: 575
  • Avg. Undergrad GPA: 3.42
  • The GMAT will also be waived for Hofstra Honors College Graduates and Associates with a minimum GPA of 3.2.

Ranking

20262025202420232022

QS World University logo
Business 301 out of 389 in Global Ranking
( #46 out of 108 in USA 2026)

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