Master of Science [MS] (Finance)
$38,608 /Yr
University of Texas at Dallas Master of Science in Finance Flex is a 36-credit STEM degree completed in 12 to 24 months in Richardson. Applicants need a bachelor’s degree, calculus and statistics; UT Dallas expects GPA 3.0/4.0, approximately 60% to 65% or CGPA 6.5 to 7.0/10. Calculated guaranteed-plan tuition and JSOM fees are US$67,099 (INR 63.70 Lakhs) for a three-term full-time schedule beginning in Summer 2027.
The curriculum combines financial analysis, valuation, portfolio selection and risk management with seven concentration choices. Its flexible sequencing suits applicants who want a tailored finance route while studying full-time on campus. The tradeoff is that elective choice requires early career direction because each concentration uses half of the degree credits.
- The STEM designation can support up to 36 months of eligible Optional Practical Training when the graduate and employer meet federal conditions.
- GMAT or GRE submission is optional for admission, which lets applicants rely on academic evidence or add a score that strengthens their file.
- The current programme profile reports 68% international enrolment, giving Indian students a finance classroom drawn from 11 countries.
Current Admission Status
Applications for the Summer 2027 intake are Open. International student deadline: 01 March 2027.
UT Dallas publishes no clock-time cutoff, so Indian applicants should submit by 28 February IST rather than risk a Central Time mismatch. The portal remains open until 01 May 2027, but later files may not support timely registration.
Also Check: University of Texas Dallas Admission
UT Dallas MS Finance Fees and Living Costs 2027
For Summer 2027, UT Dallas publishes both variable and guaranteed non-resident graduate tuition plans. The table uses a full-time 12-credit summer start and the programme’s US$100 (INR 9,494) per-credit JSOM fee to show the financial choice.
Summer 2027 fee basis: The 2026-27 schedule covers Summer 2027, while the guaranteed plan fixes its rate for 12 consecutive semesters. Calculated programme totals assume 12 credits across Summer, Fall and Spring, completing the required 36 credits in three terms.
| Fee item | Amount in US$ | Amount in INR equivalent |
|---|---|---|
| Variable plan, 12-credit 11-week Summer tuition | US$18,147 | INR 17.23 Lakhs |
| Guaranteed plan, 12-credit 11-week Summer tuition | US$21,087 | INR 20.02 Lakhs |
| Guaranteed plan, 12-credit Fall or Spring tuition | US$21,206 per term | INR 20.13 Lakhs per term |
| JSOM supplemental fee for 36 credits | US$3,600 | INR 3.42 Lakhs |
| Calculated three-term guaranteed tuition plus JSOM fee | US$67,099 | INR 63.70 Lakhs |
| Graduate application fee | US$75 | INR 7,121 |
All INR conversions in the article use a conversion rate of US$ 1 = INR 94.94 as of 26 October 2026. Rates fluctuate daily, verify before applying.
Source: UT Dallas 2026-27 non-resident graduate rates and the 2026 Finance catalog.
- The variable plan costs US$19,347 (INR 18.37 Lakhs) for the first 12-credit summer term after adding the JSOM fee.
- The guaranteed plan costs US$22,287 (INR 21.16 Lakhs) initially but removes tuition-rate uncertainty from the remaining two accelerated terms.
- A student extending beyond three terms changes the term-load arithmetic, so the published 12 to 24-month flexibility can raise the combined programme budget.
Cost of Living in Richardson for MS Finance Students
UT Dallas estimates US$19,800 (INR 18.80 Lakhs) annually for a full-time graduate student living off campus. The official combined estimate covers books, housing, meals, transportation and personal expenses rather than a visa maintenance requirement.
| Expense | Monthly (US$) | Monthly (INR equivalent) |
|---|---|---|
| Books and supplies, calculated monthly | US$108.33 | INR 10,285 |
| Off-campus housing, calculated monthly | US$708.83 | INR 67,296 |
| Meals, calculated monthly | US$435.33 | INR 41,330 |
| Transportation, calculated monthly | US$210 | INR 19,937 |
| Personal expenses, calculated monthly | US$187.50 | INR 17,801 |
| Monthly total | US$1,650 | INR 1.57 Lakhs |
| Annual total | US$19,800 | INR 18.80 Lakhs |
The accelerated guaranteed-plan illustration produces a calculated tuition-and-living budget of US$86,899 (INR 82.50 Lakhs) for 12 months. This sum combines US$67,099 (INR 63.70 Lakhs) in tuition and JSOM fees with the official annual living estimate, while prerequisite credits would add cost.
Read More: Cost of Living in USA for International Students
Fee planning note
The accelerated total depends on choosing the guaranteed plan and taking 12 credits each term. Applicants choosing variable tuition should model each future term on the official tuition rates page before accepting an offer.
ROI reality: The US$86,899 (INR 82.50 Lakhs) accelerated budget makes programme pace a financing decision, because a longer Flex schedule adds living months and variable-rate exposure.
UT Dallas MS Finance Admission 2027
Summer 2027 admission is open, and MS Finance Flex also accepts Fall and Spring entrants. The Summer complete-file deadline is 01 March 2027, so eligibility evidence should be ready before the portal’s later closing date.
Academic eligibility and selection evidence
UT Dallas considers applicants from every undergraduate major, but the degree expects quantitative readiness. Admission is holistic, which makes the required documents and any optional test score evidence for selection rather than checklist formalities.
| Requirement | MS Finance Flex rule | Indian applicant meaning |
|---|---|---|
| Undergraduate degree | Equivalent of a US four-year bachelor’s degree; all majors considered | Indian three-year degrees receive holistic review rather than automatic exclusion |
| Expected academic level | GPA 3.0/4.0 | Approximately 60% to 65% or CGPA 6.5 to 7.0/10; UT Dallas decides equivalency |
| Quantitative preparation | Calculus and statistics knowledge | Missing prerequisites may be completed during the first graduate semester without degree credit |
| Required application evidence | One recommendation, statement of purpose and resume | Use the essay and recommendation to connect preparation with one chosen finance concentration |
| Graduate admission tests | GMAT or GRE optional | A submitted score is considered, but absence does not make the file incomplete |
| Work experience | Not required | Prior experience is reviewed and can affect later role level and earnings |
The current programme profile reports an average GPA of 3.4/4.0, approximately 70% to 75% or CGPA 7.5 to 8.0/10 for Indian readers. It also shows GRE 310, GMAT 600 with no exam version identified and three years of work experience. These cohort-unspecified averages describe enrolled students and are not admission minimums.
English language proficiency
International applicants educated outside the United States must prove English proficiency unless they meet the university’s degree-based exemption. The current policy separates revised TOEFL tests taken after 26 January 2026 from the earlier scale.
| English route | Current minimum or rule |
|---|---|
| IELTS Academic | Overall 6.5 |
| TOEFL iBT taken after 26 January 2026 | Minimum 4 on the university’s published revised scale |
| PTE Academic | 67 |
| Duolingo English Test | 105 |
| Degree-based exemption | Bachelor’s or master’s degree earned through instruction and examination in English |
- Applicants choosing TOEFL should use the published minimum 4 after 26 January 2026 and avoid converting from the former 120-point scale.
- An English-medium Indian degree may satisfy the rule, so confirm the exemption before purchasing a test or scheduling score delivery.
- Accepted test results must be less than two years old at admission, making the intended Summer 2027 entry date the validity anchor.
Check Out: University of Texas Dallas Courses
Tip for Indian students: The 3.4/4.0 profile average exceeds the 3.0 expectation, so applicants near the threshold should strengthen quantitative readiness and concentration-specific evidence.
UT Dallas MS Finance Application 2027
The MS Finance Flex application requires a complete file by the programme deadline, not merely a submitted form. For the open Summer 2027 intake, UT Dallas sets 01 March 2027 as the deadline and 01 May 2027 as the portal close.
Forward application calendar: MS Finance Flex accepts all three listed entry terms. UT Dallas does not publish a clock-time cutoff, so the IST dates below are conservative applicant actions rather than claimed portal conversions.
| Entry term | Application opens | Complete-file deadline | Portal closes | Safe IST action date |
|---|---|---|---|---|
| Summer 2027 | 01 July 2026 | 01 March 2027 | 01 May 2027 | 28 February 2027 |
| Fall 2027 | 01 July 2026 | 01 May 2027 | 01 August 2027 | 30 April 2027 |
| Spring 2028 | 15 January 2027 | 01 October 2027 | 01 December 2027 | 30 September 2027 |
The official pages do not publish decision dates or a mandatory interview stage for this programme. Therefore, an Indian applicant needing an F-1 document should treat the complete-file deadline as the operative date rather than relying on later processing.
How to build the application file
The strongest file makes the Flex structure intentional by connecting previous quantitative work with a concentration and career direction. That relationship matters because applicants choose 18 elective credits while the admission committee reviews academic preparation holistically.
- Upload transcripts and degree certificates from every institution, including original-language records with certified English translations when required.
- Use the statement to connect calculus, statistics and finance preparation with one of the seven available concentrations.
- Select a recommender who can verify analytical readiness, because one academic or professional letter is required for MS Finance.
- Submit GMAT or GRE only when the result adds evidence beyond the transcript, while noting that Dean’s Excellence funding requires an official score.
The programme accepts late files only when capacity remains, and processing order follows the date a file becomes complete. As a result, missing recommendations or credential translations can move a timely form into the late-review queue.
Application tip: Complete the Summer 2027 file by 28 February IST, because the university publishes no cutoff time and later review can disrupt visa preparation.
UT Dallas MS Finance Scholarships 2027
Incoming MS Finance students can pursue Dean’s Excellence or Program Excellence funding through the Jindal School portal. However, Summer 2027 award values and the cycle-specific deadline are unpublished, so no scholarship should reduce the application budget.
Current published funding routes: Eligibility differs between incoming and continuing students. The table separates those applicant stages because Dean’s Impact and donor awards are not presented as pre-entry options for a new Summer applicant.
| Scholarship route | Who may apply | Test condition | Application route |
|---|---|---|---|
| Dean’s Excellence Scholarship | Newly admitted Jindal School graduate students | Official GMAT or GRE required | Graduate scholarship portal after admission |
| Program Excellence Scholarship | Newly admitted Jindal School graduate students | Official GMAT or GRE not required | Graduate scholarship portal after admission |
| Dean’s Impact Scholarship | Current Jindal School graduate students | Criteria vary by published cycle | Graduate scholarship portal |
| Donor scholarships | Current Jindal School graduate students | Award-specific criteria | Graduate scholarship portal |
A non-Texas resident receiving a competitive US$1,000 (INR 94,940) Fall scholarship may become eligible for the Texas-resident tuition rate during Fall and Spring. The current rule explicitly excludes Summer, so a Summer 2027 starter should fund the first term at the non-resident rate.
- Applicants seeking Dean’s Excellence must balance optional admission testing against the scholarship’s separate official-score requirement.
- Program Excellence preserves a test-optional route, but the live page publishes neither a standard value nor guaranteed selection criteria.
- Award consideration follows admission, making an early complete file more useful than waiting for the programme’s final application date.
Read More: Scholarships in USA for Indian Students
Funding verification
The readable scholarship page still displays earlier cycle dates, not a Summer 2027 deadline or award value. Check the official graduate scholarship page after admission before relying on either funding route.
Scholarship reality: Summer entrants cannot use the published tuition-rate benefit during their first term, so finance the non-resident Summer bill before treating later aid as savings.
UT Dallas MS Finance Salary 2027
The accelerated guaranteed-plan budget is US$86,899 (INR 82.50 Lakhs) before the application fee or prerequisite coursework. Official programme outcomes support a finance-career case, but the published salary evidence uses different cohorts and cannot justify a forecast payback period.
- The current profile’s US$93,000 (INR 88.29 Lakhs) salary exceeds the accelerated budget, but applicants should not equate gross compensation with recoverable cash.
- The STEM route allows up to 36 months of eligible work authorization, so applicants should target degree-related roles and verify employer extension eligibility.
- Seven concentrations control 18 elective credits, making concentration choice a direct preparation decision for analyst, investment, risk, real-estate or fintech roles.
- Summer scholarship timing remains unpublished, so loan sizing should use gross tuition and treat any later award as downside protection.
Employment evidence and ROI
The current MS Finance Flex profile reports US$93,000 (INR 88.29 Lakhs) as average first-year postgraduate salary, but it does not identify the cohort or offer rate. A separate school report names the 2023-24 graduate Finance cohort and supplies a fuller outcome set.
Academic year 2023-24 Finance graduate outcomes: These figures are course-cohort evidence from the Jindal School report, not external labour-market benchmarks.
| Outcome scope | Average first-year compensation | INR equivalent | Employed at graduation | Employed within three months |
|---|---|---|---|---|
| Graduate Finance, academic year 2023-24 | US$90,000 | INR 85.45 Lakhs | 78% | 80% |
Source: Jindal School graduate programmes academic year 2023-24 salary report.
The programme’s LinkedIn-sourced placement list names Capital One, Charles Schwab, Goldman Sachs, JPMorgan Chase and Texas Instruments among companies employing alumni. Their presence demonstrates reported employment only, not recurring recruitment, visa sponsorship or an individual applicant’s placement probability.
Take-home pay varies with location, filing status and deductions, so use the IRS Tax Withholding Estimator after receiving an offer. India-return applicants should not apply the US$93,000 (INR 88.29 Lakhs) figure to Indian earnings because the programme page gives no India salary evidence.
Read More: Masters in Finance in USA
ROI reality: The 80% three-month employment rate supports career relevance, but gross salary, funding uncertainty and location make qualitative ROI safer than a promised break-even period.
USA Visa for UT Dallas MS Finance Students 2027
An F-1 applicant pays a US$185 (INR 17,564) visa fee and US$350 (INR 33,229) I-901 SEVIS fee, totaling US$535 (INR 50,793). These government charges remain separate from UT Dallas living costs. MS Finance is a Science, Technology, Engineering and Mathematics (STEM) degree supporting OPT (Optional Practical Training). Eligible graduates receive 12 months, with a possible 24-month extension through a qualifying employer.
- The 24-month STEM extension requires degree-related employment, an E-Verify employer and the federal training-plan process.
- H-1B specialty occupation pay must meet the higher actual or prevailing wage, so no single MS Finance salary threshold exists.
- Permanent residence has no automatic degree-linked timeline, making employer sponsorship and category availability separate post-study decisions.
- An F-2 spouse or unmarried minor child may accompany the student, but an F-2 dependant cannot work.
Read More: F-1 Student Visa for Indian Students
Visa reality: The possible 36-month work window improves job-search runway, but it depends on degree-related employment and does not promise sponsorship or permanent residence.
UT Dallas MS Finance Ranking 2027
UT Dallas MS Finance holds a programme-specific position in two published US rankings. The strongest current signal is No. 16 among US public programmes in the QS 2026 Masters in Finance ranking.
Programme-ranking evidence: The table keeps edition and scope together, preventing a US placement from being misread as a global university rank.
| Ranking body and edition | US public-programme position | Overall US position | Scope |
|---|---|---|---|
| QS Masters in Finance 2026 | No. 16 | No. 33 | MS Finance programmes |
| TFE Times Best Master’s of Finance 2025 | No. 7 | No. 16 | Master’s of Finance programmes |
The rankings support programme visibility, but they measure different pools and editions. An Indian applicant should use them alongside the course’s seven concentrations, employment evidence and tuition structure rather than treating rank as a placement guarantee.
Key insight: The QS No. 16 US-public position validates subject visibility, while curriculum fit and financing remain the more direct application decisions.
MS Finance Flex fits quantitatively prepared applicants who want to tailor finance study through a 36-credit concentration model. Its seven concentrations connect valuation and risk foundations with distinct career preparation. The material tradeoff is a calculated US$86,899 (INR 82.50 Lakhs) accelerated budget while Summer 2027 scholarship outcomes remain uncertain. Complete the Summer 2027 file by 28 February IST and choose the tuition plan only after fixing a realistic term load.
UT Dallas MS Finance FAQs
Ques. Is MS Finance Flex better than the UTD Finance Cohort for an Indian applicant?
Ans. Flex suits applicants wanting seven concentration choices and a 12 to 24-month pace, while the Cohort follows a fixed one-year structure. An F-1 applicant choosing Flex should still maintain the full-time enrolment required for status.
Ques. Can I apply to UT Dallas MS Finance without GMAT or GRE and still seek funding?
Ans. Yes, both tests are optional for admission, and Program Excellence does not require an official score. Dean’s Excellence does require one, so test value depends partly on the intended scholarship route.
Ques. What is a realistic accelerated budget for UT Dallas MS Finance?
Ans. A three-term guaranteed-plan illustration totals US$86,899 (INR 82.50 Lakhs), combining 36-credit tuition, JSOM fees and 12 months of official living costs. Prerequisite coursework would increase that amount.
Ques. When should an Indian applicant complete the Summer 2027 MS Finance application?
Ans. Submit the complete file by 28 February 2027 IST to stay ahead of the official 01 March campus deadline. Waiting until the 01 May portal close creates registration and visa-processing risk.
Ques. Do MS Finance salary outcomes and STEM status make the degree worth its cost?
Ans. The 2023-24 cohort reported 80% employment within three months, while eligible graduates may access up to 36 months of work authorization. Neither figure guarantees salary, sponsorship or repayment.
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| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $38608 |
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| Housing and Food | $15124 |
| Transportation | $1664 |
Tuition fee per credit: $1,934.66
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|---|---|
| Application Deadline For Fall 2026 Intake | |
| Application Deadline For Spring 2026 Intake | |
| Application Deadline For Summer 2027 Intake | |
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| GkV5N/ | k/jX7I | vvWrCI |
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| Dean’s Excellence Scholarship | $1,000 | Applicants must have demonstrated academic excellence as evidenced by their GMAT or GRE, and undergraduate cumulative GPA. |
| Program Excellence Scholarship | $1,000 | Applicants must show academic excellence through GPA or optional GMAT/GRE scores. Scholarship consideration is given regardless of test submission |
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-- | USD 16,815 /Yr | |||
| USD 29,568 /Yr |
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