The New York Institute of Technology MBA Finance: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

New York Institute of Technology Master of Business Administration [M.B.A] Finance Fees, Deadlines, Eligibility etc.

New York City, New YorkLocation
UniversitySchool type
Estd1955established year
9930enrollment
Private (Not for Profit)
Partner [5 Courses]
7.4/10

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

2 years
Full Time
On Campus

Field of Study

Course Offered by

$29,160 /Yr

1 Students Applied
1 Students Admitted
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Collegedunia Team

Content Curator | Updated on - Nov 24, 2025

NYIT M.B.A Finance is a 2 years Full Time Master program. This program is offered On Campus, requiring a successful completion of 36 credits. The first year fees for M.B.A Finance at NYIT is ₹ 26.08 Lakhs (USD 29160). Earlier in 2021, the M.B.A Finance Fee was ₹ 22.54 Lakhs (USD 25200). This shows that the academic fees has increased by ₹ 354222 (USD 3960).

For admission to M.B.A Finance at NYIT, international students need GPA 3, IELTS 6 or TOEFL 79, Duolingo-105. The Fee Deposit Deadline for Spring 2026 Intake is 01 January 2026. For more details, check NYIT Admissions 2025

NYIT M.B.A Finance Total Fees 2025

The tuition fee for M.B.A Finance at NYIT is USD 29160 per year (₹ 26.08 Lakhs). Meanwhile, the total cost is USD 54746/Year (₹ 48.97 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.

The tuition fee for M.B.A Finance at New York Institute of Technology is as follows:

Expense TypeAverage Cost (INR)Equivalent (USD)
Tuition Fee₹ 26.08 LakhsUSD 29160
Application Fee₹ 4,473USD 50

The other expenses for M.B.A Finance at New York Institute of Technology is as follows:

Expense TypeAverage Cost (INR)Equivalent (USD)
Housing (Off-Campus) ₹ 13.43 Lakhs USD 15010
Food (Off Campus) ₹ 2.67 Lakhs USD 2980
Transportation (Off Campus) ₹ 1.06 Lakhs USD 1188
Health Insurance ₹ 1.97 Lakhs USD 2200
Books and supply ₹ 81,042 USD 906
Miscellaneous expenses ₹ 1.66 Lakhs USD 1852
Other Fees ₹ 84,978 USD 950
Tuition Fee Deposit ₹ 44,725 USD 500
Total Cost ₹ 22.89 Lakhs USD 25586

M.B.A Finance Tuition Fee Trends at NYIT

NYIT M.B.A Finance Fees for Indian students is ₹ 26.08 Lakhs (USD 29160). This academic fee has increased by ₹ 354222 (USD 3960) from 2021. Candidates can check the year on year trends in NYIT Fees in the table below.

Academic YearTuition Fees (INR)Tuition Fees (USD)
2023₹ 26.08 LakhsUSD 29160
2021₹ 22.54 LakhsUSD 25200

NYIT M.B.A Finance Application Deadlines & Important Dates

The key dates for the application process for M.B.A Finance at NYIT include:

  • Application Deadline for Fall 2025 Intake is 01 July 2025
  • Fee Deposit Deadline for Fall 2025 Intake is 01 August 2025
  • Application Deadline For Spring 2026 Intake is 15 December 2025
  • Fee Deposit Deadline for Spring 2026 Intake is 01 January 2026

M.B.A Finance at NYIT Admission 2025

To be eligible for admission to M.B.A Finance at NYIT, applicants must meet specific academic and language requirements.

Category

Details

School

School of Management

Course Duration

2 year

Total Credits

36-48

Admission Requirements

  • B.S. degree or its equivalent from an accredited college or university.
    • If you already hold a graduate degree from a regionally accredited university, you may be admitted into the M.B.A. program upon receipt of the admissions documents.
  • Minimum undergraduate GPA of 3.0.
  • The GMAT is not a requirement for admission, but may be submitted toward fulfillment of the M.B.A. admissions criteria if your undergraduate GPA is below the requirement listed above. You will be considered for admission if you receive a satisfactory composite GMAT score, which will be determined by the graduate faculty and will consist of a numerical calculation of your undergraduate GPA and your GMAT score.

English Proficiency Score

  • IELTS Overall score of 6.0 
  • TOEFL iBT Overall Score of 79
  • Pearson PTE Overall score of 53
  • Duolingo Overall score of 105

Application Fee

$50

Application Link

https://apply.nyit.edu/apply/

Documents Required

  • Completed application. 
  • Application fee. 
  • Copies of undergraduate transcripts for all schools attended. All final, official transcripts must be received prior to the start of your first semester.
  • Copy of college diploma or proof of degree
  • GMAT scores are optional
  • Photocopy of Passport
  • Letters of recommendation.
  • Proof of English Language Proficiency
  • Submit a Bank Statement for Financial Support
  • Complete an Affidavit of Support
  • Visa is required 

Estimated Amount Required to Show

Graduate applicants must submit a Financial Affidavit of Support based on the number of credits taken in the first academic year: $52,160 for 18 credits, $61,880 for 24 credits, or $71,600 for 30 credits.

Admissions Review

Throughout the admission process, you can check the status of your application. University will communicate with you via email regarding any missing documents required for your application. If you recently submitted these items, please allow two to four weeks for the university to process them. 

NYIT M.B.A Finance Application Link

NYIT M.B.A Finance Application Link; Apply Here

M.B.A Finance at NYIT Admission Requirements

For admission to M.B.A Finance, NYIT accepts TOEFL, IELTS, PTE, Duolingo exam. The average scores among admitted students are typically around: 79 in TOEFL, 6 in IELTS, 53 in PTE, 105 in Duolingo.

M.B.A in Finance Fee Comparison

The fee comparison for similar programs like NYIT M.B.A Finance are:

UniversityProgramFirst Year Fees in USDFirst Year Fees in INR
Adelphi UniversityM.B.A Management - FinanceUSD 46,500 /YrINR 41.6 L/Yr
Claremont Graduate UniversityM.S Financial EngineeringUSD 80,800 /YrINR 72.3 L/Yr
Hofstra UniversityM.B.A FinanceUSD 29,970 /YrINR 26.8 L/Yr
Iona CollegeM.S FinanceUSD 41,700 /YrINR 37.3 L/Yr
Texas A&M UniversityM.S FinanceUSD 34,980 /YrINR 31.3 L/Yr
Also Check:

Important Alert

  • Application Deadline For Spring 2026 Intake - Dec 15, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$29160

Other Expenses

HeadAvg Cost Per Year
Housing (Off-Campus)$15010
Food (Off Campus)$2980

Tuition fee per credit- 1620

Previous Year Tuition Fees

Year1st Year Fees
2021$25200

Important Dates

Applications are reviewed on a rolling admission basis, as long as space is available.

EventApplication Date
Application Deadline for Fall 2025 Intake Jul 1, 2025
Fee Deposit Deadline for Fall 2025 Intake Aug 1, 2025
Application Deadline For Spring 2026 Intake Dec 15, 2025
Fee Deposit Deadline for Spring 2026 Intake Jan 1, 2026

Scores Required

79 / 120

Avg. Score in

TOEFL

6 / 9

Avg. Score in

IELTS

53 / 90

Avg. Score in

PTE

105 / 160

Avg. Score in

Duolingo

50

Application Fees

36

ECTS Credits


College Student Profiles

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NameScholarship Per StudentLevel of StudyType
BeArt Presets-Academic ScholarshipScholarship per student$ 2,500/Yr$2,500Level Of StudyBachelorTypeMerit-Based
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Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
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FINCAD Women in Finance ScholarshipScholarship per student$ 20,000/Yr$20,000Level Of StudyMasterTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
--
USD 46,500 /Yr
  • IELTS: 6.5
  • TOEFL: 80
  • Duolingo: 110
Priority Application Deadline For Fall Intake (1st Feb 2025)
Final Application Deadline For Fall Intake (5th Jul 2025)
USD 80,800 /Yr
  • IELTS: 7
  • TOEFL: 95
  • PTE: 66
  • Duolingo: 125
--
USD 29,970 /Yr
  • IELTS: 6.5
  • TOEFL: 80
  • PTE: 53
  • Duolingo: 120
  • GRE: 300
--
USD 41,700 /Yr
  • IELTS: 6.5
  • TOEFL: 80
--
USD 34,980 /Yr
  • IELTS: 6.0
  • TOEFL: 79
  • PTE: 53

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