Master of Business Administration [M.B.A] (Finance)
$30,810 /Yr
Oakland University Master of Business Administration (MBA) Finance is completed in four full-time semesters on campus in Rochester, Michigan, and applicants need a bachelor’s degree or equivalent. At the 2026-27 non-resident rate, 36-credit tuition is US$38,817 (INR 37.14 Lakhs). The 45-credit case is US$48,521.25 (INR 46.43 Lakhs), plus a US$45 application charge (INR 4,306), and the Winter 2027 international deadline is 01 September 2026.
Finance adds three approved electives in investment analysis, financial management and reporting and analysis to Oakland’s case-based and action-based MBA foundation. It suits applicants seeking managerial finance breadth who can connect financial decisions with people, information and operations, while those wanting a standalone quantitative finance degree should note the concentration tradeoff.
- Oakland also lists on-campus evening, online and mixed delivery options for students whose schedule requires flexibility.
- Full-time students can finish in four semesters at nine credits per semester, while the published pace can range from 12 months to six years.
- The on-campus schedule uses one evening meeting per course from 6:30 to 9 pm on Monday through Thursday.
Current Admission Status
Applications for the Winter 2027 intake are Open. International student deadline: 01 September 2026.
Indian applicants should use the international deadline because Oakland says the earlier programme or international date controls. The portal does not publish a cutoff timezone on the checked page, so its timestamp controls final submission.
Oakland MBA Finance Fees and Living Costs 2027
For Winter 2027, Oakland’s 2026-27 non-resident graduate rate is US$1,078.25 per credit (INR 1.03 Lakhs) for this traditional MBA route.
The Finance concentration requires three approved electives, so the 36-credit base can become a 45-credit plan when prior preparation does not create enough elective space.
Winter 2027 fee basis: The table uses Oakland’s 2026-27 non-resident graduate rate, the 36-credit MBA requirement and the possible nine-credit concentration addition.
| Fee item | Amount (USD) | Amount (INR) |
|---|---|---|
| Non-resident graduate tuition per credit, 2026-27 | US$1,078.25 | INR 1.03 Lakhs |
| 36-credit MBA tuition, calculated | US$38,817 | INR 37.14 Lakhs |
| 45-credit MBA with Finance concentration, calculated when nine credits are added | US$48,521.25 | INR 46.43 Lakhs |
| Graduate application charge, non-refundable | US$45 | INR 4,306 |
All INR conversions in the article use a conversion rate of USD 1 = INR 95.6816 as of 20 August 2026. Rates fluctuate daily, verify before applying.
The 36-credit figure is the lower tuition case, while the 45-credit case adds US$9,704.25 (INR 9.29 Lakhs). Ask Oakland to review prior preparation before treating the lower figure as your final tuition.
- Use the non-resident graduate rate rather than the in-state rate because Indian applicants are not Michigan residents.
- Request a credit-plan review before borrowing because Oakland says the concentration length depends on prior academic preparation.
- Keep the US$45 (INR 4,306) application charge outside tuition because it is non-refundable.
Cost of Living in Rochester for MBA Finance Students
Oakland’s Tuition and Expense Estimates chart still displays 2025-26 living figures for the MBA row.
It lists a 12-month living estimate of US$20,695 (INR 19.80 Lakhs) and medical insurance of US$2,292 (INR 2.19 Lakhs). Graduate living expenses include books, supplies and miscellaneous costs.
Prior-cycle reference: The following monthly values are calculated by dividing the official annual figures by 12, not quoted as separate monthly charges.
| Expense | Monthly (USD) | Monthly (INR) | Annual (USD) | Annual (INR) |
|---|---|---|---|---|
| Combined living expenses, calculated monthly | US$1,724.58 | INR 1.65 Lakhs | US$20,695 | INR 19.80 Lakhs |
| Medical insurance, calculated monthly | US$191 | INR 18,275 | US$2,292 | INR 2.19 Lakhs |
| Living plus insurance, calculated total | US$1,915.58 | INR 1.83 Lakhs | US$22,987 | INR 21.99 Lakhs |
A prior-cycle planning illustration is US$61,849 (INR 59.18 Lakhs) for 36 credits.
It combines US$38,817 (INR 37.14 Lakhs) target-cycle tuition and US$20,695 (INR 19.80 Lakhs) prior-cycle living. It also includes US$2,292 (INR 2.19 Lakhs) prior-cycle insurance and US$45 (INR 4,306) application charge.
On the 45-credit case, the same mixed-cycle illustration is US$71,553.25 (INR 68.46 Lakhs).
These are calculated planning figures, not university-published 2026-27 all-in totals, because the living row remains a 2025-26 reference.
Oakland’s chart does not provide a separate rent range, and its Statement of Finances serves a different visa-document purpose.
Read More: USA cost of living for students
Key insight: Use the 45-credit case until Oakland confirms your plan, because the concentration can add US$9,704.25 (INR 9.29 Lakhs) before living costs.
Oakland MBA Finance Admission 2027
Admission requires a bachelor’s degree or equivalent, and Finance applicants use Oakland’s MBA admission routes rather than a separate finance degree prerequisite.
The Graduate Management Admission Test (GMAT) and Graduate Record Examinations (GRE) are not required when an applicant meets one of Oakland’s published waiver routes. The waiver decision depends on the route that best documents academic preparation, professional experience or a business credential.
Academic planning equivalent: Oakland does not publish an India-specific GPA conversion, so the percentage and CGPA ranges below are approximate planning ranges. CGPA means cumulative grade point average, and the university makes the final equivalency decision.
| Admission route | Oakland requirement | Indian applicant planning |
|---|---|---|
| Degree foundation | Bachelor’s degree or equivalent from a regionally accredited undergraduate institution | Arrange the detailed evaluation Oakland requires for a foreign degree |
| Master’s degree waiver | Master’s degree or higher with GPA 3.0 on a 4.0 scale | Approximately 75% to 80%, or CGPA 7.5 to 8.0 on 10 |
| Business bachelor’s waiver | Bachelor’s degree with GPA 3.0 on a 4.0 scale from an Association to Advance Collegiate Schools of Business (AACSB) accredited business school | Approximately 75% to 80%, or CGPA 7.5 to 8.0 on 10, with accreditation evidence |
| Any-major bachelor’s waiver | Bachelor’s degree in any major with GPA 3.2 on a 4.0 scale from a regionally accredited programme | Approximately 80% to 85%, or CGPA 8.0 to 8.5 on 10 |
| Work-experience waiver | At least 3 years of relevant professional experience and undergraduate GPA 2.75 on a 4.0 scale | Approximately 70% to 75%, or CGPA 7.0 to 7.5 on 10, with dated work evidence |
| Professional credential waiver | Business certification such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Financial Planner (CFP) or Financial Risk Manager (FRM) | Upload the credential and connect it to the Finance concentration |
| United States Armed Services route | At least 3 years of service in the United States Armed Services | Not a normal Indian-applicant route |
AACSB accreditation is the condition attached to one waiver route, so confirm the business school’s status before relying on GPA 3.0. The approximate Indian ranges are planning aids, not Oakland conversions.
Oakland accepts current NACES (National Association of Credential Evaluation Services) members for foreign transcripts. A course-by-course or detailed report can establish degree equivalency and preserve the grading scale used for review.
Review the official international graduate requirements before ordering the report, because Oakland may request supporting documents after the online application.
No programme-specific Finance ranking was verified in the permitted ranking sources, so admissions fit should be judged from the curriculum, waiver route and evidence scope.
English Language Proficiency
Oakland’s current graduate policy sets full admission at 6.5 on the International English Language Testing System (IELTS). It also sets the Test of English as a Foreign Language internet test (TOEFL) minimum at 79.
The same policy accepts Pearson Test of English Academic (PTE Academic) 53 or Duolingo English Test 105. The listed TOEFL result remains on the 0 to 120 internet scale after 21 January 2026, so do not self-convert a newer score.
Limited standing is available at TOEFL internet 69 to 78, IELTS 6.0 or PTE Academic 48 to 52. F-1 students in this route must complete English as a Second Language (ESL) support within one year.
Full-admission scores: The table separates Oakland’s direct-entry thresholds from its limited-standing ranges.
| English test | Full admission | Limited standing |
|---|---|---|
| IELTS, International English Language Testing System | 6.5 | 6.0 |
| TOEFL internet test | 79 on the 0 to 120 scale | 69 to 78 |
| PTE Academic, Pearson Test of English Academic | 53 | 48 to 52 |
| Duolingo English Test | 105 | No lower graduate range published |
- Keep English scores within two years of intended enrolment because Oakland applies a two-year validity rule.
- Use a full-admission score where possible because limited standing adds ESL coursework alongside the MBA.
- Ask Oakland to confirm whether an English-medium Indian degree satisfies its additional proof route before omitting a test.
Finance applicants submit the online Graduate School application, a curriculum vitae or resume, one recommender email and official transcripts. International applicants add a detailed transcript evaluation and English evidence, so prepare the evaluation before the portal checklist is complete.
Read More: Oakland University MBA programme options
Tip for Indian students: Arrange the NACES evaluation before testing because Oakland uses it to assess foreign degree equivalency. The Finance route still depends on the published MBA waiver rules.
Oakland MBA Finance Application 2027
The Winter 2027 application is open, and the effective international deadline for Indian applicants is 01 September 2026.
Oakland’s current graduate calendar lists Fall, Winter and Summer windows, but the portal requires all supporting documents by the applicable international deadline.
Forward-looking intake calendar: Oakland publishes the dates without a cutoff time or timezone, so no exact IST clock conversion can be calculated; the portal timestamp controls final submission.
| Intake | General graduate programme date | International deadline | India date and time note |
|---|---|---|---|
| Winter 2027 | 15 November 2026 | 01 September 2026 | 01 September 2026; exact IST time cannot be calculated |
| Summer 2027 | 01 March 2027 | 01 January 2027 | 01 January 2027; exact IST time cannot be calculated |
| Fall 2027 | 15 July 2027 | 01 May 2027 | 01 May 2027; exact IST time cannot be calculated |
Oakland does not publish MBA-specific decision dates on the checked current pages. The application is complete only when Oakland receives all required materials, so form submission alone does not prove file completion.
Application File for Indian Applicants
Start with the Graduate School online application, then upload the MBA items Oakland requests after submission. International applicants also complete a transcript evaluation and financial documents for the student visa record.
The sequence matters because foreign evaluation and financial documents can lag behind the online form. Complete the evidence before the stated deadline rather than relying on a later portal upload.
| Application component | Oakland requirement | Applicant action |
|---|---|---|
| Graduate application | Online application for admission to the Graduate School | Select MBA Finance and the intended intake before submitting |
| Academic record | Official transcripts from all colleges and universities attended | Send the foreign records for a detailed or course-by-course evaluation |
| Professional profile | Curriculum vitae or resume | Show finance, quantitative, business or managerial experience |
| Recommendation | One professional recommender’s email address | Confirm the referee’s availability before entering the address |
| English evidence | Accepted English score or Oakland-approved proof route | Send the full-admission score or confirm the proof route in writing |
| International documents | Transcript evaluation, affidavit of support, certified bank statement and statement of finances | Prepare financial evidence for the same intake selected in the application |
- Use 01 September 2026 as your Winter 2027 personal cutoff because it precedes the general programme date.
- Start the detailed NACES evaluation before the online application because Oakland requires the report for foreign academic records.
- Select campus-based or mixed delivery when seeking a student visa, and ask Oakland to confirm the mode on the admission documents.
Keep copies of the submitted application, evaluation report, English evidence and financial documents because they support admission follow-up and visa preparation.
Application tip: Treat 01 September 2026 as the real Winter 2027 cutoff, then finish evaluation and financial documents before the portal shows a complete file.
Oakland MBA Finance Scholarships 2027
Oakland’s directly relevant funding route for MBA Finance is a graduate assistantship (GA), not a guaranteed scholarship. A GA combines campus work with financial support, but the checked Finance page does not publish a fixed Winter 2027 award value.
The assistantship is open to full-time degree-seeking students with regular admission and good standing. It requires an overall GPA of 3.0 and at least 8 credits, and bars full-time employment.
Oakland’s Finance page publishes a 01 April fall assistantship deadline, but no Winter 2027 Finance assistantship deadline, fixed stipend or target-cycle tuition benefit was found on checked official pages.
Current published route: The table preserves Oakland’s eligibility and timing rules without converting an unpublished award into a tuition discount.
| Funding route | Published benefit | Eligibility | Timing | Applicant action |
|---|---|---|---|---|
| Oakland graduate assistantship | Professional experience and financial support with payment during the contract term | Regular admission, full-time enrollment, good standing, overall GPA 3.0, at least 8 credits and no full-time employment | Finance page lists 01 April for Fall; Winter 2027 timing is unpublished | Apply through Handshake after admission and keep the full budget available |
Graduate assistants are paid monthly during the contract, and early resignation can trigger tuition and cost billing. Because the award amount and tuition benefit are not fixed on the Finance page, do not subtract funding before receiving written terms.
The Non-Michigan Resident Tuition Scholarship is for qualifying non-resident domestic graduate students, so Indian applicants should exclude it from confirmed funding. Oakland advertises more than 250 scholarships, but no named target-cycle MBA Finance award with an Indian-applicant value and deadline was verified.
- Apply through Handshake only after regular admission and an Oakland email account are active.
- Maintain at least 8 credits and a 3.0 GPA because both conditions affect assistantship eligibility.
- Keep the 45-credit tuition case funded because Oakland has not published a Winter 2027 award value.
- Do not combine the assistantship with the Non-Michigan Resident Tuition Scholarship because Oakland says assistantship recipients are ineligible for that award.
Read More: USA scholarships for international students
Scholarship reality: Treat the assistantship as possible support, not a tuition deduction, until Oakland issues written terms for the Finance route and the Winter 2027 cycle.
Oakland MBA Finance Salary 2027
Oakland does not publish Finance-concentration outcomes; its 2024-25 MBA outcomes page is the closest official evidence.
The report covers on-campus and online graduates and records a 92% knowledge rate, while salary and job-source figures use a 43% survey response rate.
2024-25 School-Level MBA Employment Outcomes
These measures show employment context for the combined MBA cohort, not a Finance-specific placement result. Use the scope and response rates before applying any figure to a new applicant.
| School-level MBA measure, 2024-25 cohort | Published figure | Decision meaning |
|---|---|---|
| Employed at start of MBA | 91% | Shows the cohort’s employment position before study |
| Employed before or within four months of graduation | 95% | Useful for timing, not a Finance placement guarantee |
| Seeking employment | 5% | Reports the cohort’s stated search status |
| New employer, new title or salary increase above 10% | 74% | Measures reported career movement rather than a concentration effect |
| Michigan employment location | 86% | Shows that reported employment is geographically concentrated |
| Remote employment location | 3% | Shows remote work was a small reported category |
| Oakland-facilitated job source | 24% | Indicates one reported route into employment |
| Online-resource job source | 33% | Shows independent search mattered in the cohort |
| Personal-network job source | 31% | Shows networking contributed to reported job sources |
The 95% measure includes graduates employed before the MBA or within four months after graduation. The 86% Michigan share means the reported network value is geographically concentrated.
Salary Evidence and Market Benchmark
Oakland reports average salaries at the start and after completion, not a Finance-concentration salary. The U.S. Bureau of Labor Statistics financial analyst benchmark is external market evidence.
The U.S. Bureau of Labor Statistics (BLS) reports the median annual wage for financial and investment analysts as US$101,350 (INR 96.97 Lakhs) in May 2024. This benchmark describes an occupation across the United States, not Oakland graduates.
| Evidence scope | Salary measure | Amount (USD) | Amount (INR) |
|---|---|---|---|
| School-level MBA outcome, 2024-25 | Average salary at start of MBA | US$73,348 | INR 70.18 Lakhs |
| School-level MBA outcome, 2024-25 | Average salary after completing MBA | US$78,688 | INR 75.29 Lakhs |
| External U.S. job-market benchmark, May 2024 | Median annual wage for financial and investment analysts | US$101,350 | INR 96.97 Lakhs |
Source: Oakland’s 2024-25 MBA outcome report and the U.S. Bureau of Labor Statistics benchmark linked above.
Reported salaries are gross amounts, so federal and Michigan tax, benefits and deductions change take-home pay. Use a current U.S. tax calculator before modelling loan payments.
Return on Investment for Indian Applicants
Return on investment (ROI) for this professional course depends on tuition, the concentration’s credit case, funding certainty and work-window eligibility. Target-cycle tuition is US$38,817 to US$48,521.25 (INR 37.14 Lakhs to INR 46.43 Lakhs), while living and insurance remain prior-cycle planning references.
Optional Practical Training (OPT) is the post-completion work route relevant to an F-1 student. It normally allows up to 12 months of degree-related work.
A further 24 months requires a qualifying Science, Technology, Engineering and Mathematics (STEM) designation with a matching Classification of Instructional Programs (CIP) code.
Oakland has not confirmed a STEM designation for this MBA Finance concentration, so the standard 12-month route is the safer planning assumption.
- The 45-credit case adds US$9,704.25 (INR 9.29 Lakhs), so request a written credit plan before accepting a loan.
- The 95% employment figure covers the combined MBA cohort, so request Finance-specific role data before using it in repayment assumptions.
- The 43% salary response rate limits the average salary’s reach, so model repayment below the reported average rather than treating it as guaranteed.
- Michigan accounts for 86% of reported locations, so India-return applicants should test the value of a Michigan network against their intended Indian role.
- The standard post-completion work window is up to 12 months, so verify the issued CIP code before assuming a 24-month extension.
This supports a qualitative ROI case for applicants targeting finance-related management work who can use Oakland’s cross-functional MBA. It does not support a payback calculation because Finance-specific outcomes and current living costs are not published for Winter 2027.
Read More: USA post-study work options
ROI reality: The reported MBA outcomes are useful for context, but the Finance concentration’s credit risk, 43% salary response rate and unconfirmed STEM status require conservative funding.
United States Visa for Oakland MBA Finance Students 2027
Indian applicants using Oakland’s campus-based MBA route normally need an F-1 student visa.
Oakland issues Form I-20, the Certificate of Eligibility for Nonimmigrant Student Status, after admission and financial-document review.
This form supports the visa application, while the I-901 Student and Exchange Visitor Information System (SEVIS) record tracks the student’s immigration record.
The visa application fee is US$185 (INR 17,701), and the I-901 SEVIS fee is US$350 (INR 33,489); verify payment steps in the official U.S. student visa instructions.
- Optional Practical Training (OPT) can provide up to 12 months of work directly related to the MBA Finance degree after completion.
- A 24-month STEM extension requires the Finance MBA’s CIP code on the Department of Homeland Security list; Oakland has not confirmed that designation.
- H-1B status has no single course-specific salary threshold, and permanent residence has no fixed MBA-linked timeline because employer sponsorship and visa availability control both decisions.
- F-2 may cover dependants but spouses cannot work; budget US$6,500 (INR 6.22 Lakhs) for the first and US$4,900 (INR 4.69 Lakhs) for each additional.
Check Out: USA Student visa guidance
Visa reality: Budget the standard 12-month OPT route and dependent costs, then verify the MBA’s issued CIP code before relying on a STEM extension.
Oakland MBA Finance fits Indian applicants who want a cross-functional management degree with three finance electives rather than a standalone quantitative finance master’s. Its 36-credit base and possible 45-credit concentration path make credit planning the key cost tradeoff, while 2024-25 MBA outcomes are not Finance-specific. The campus-based Winter 2027 route requires complete international documents by 01 September 2026, and the safer post-completion work assumption is up to 12 months. Request a written credit plan, keep the full funding case available and verify the visa mode and CIP code before submitting.
Oakland MBA Finance FAQs
Ques. Is Oakland MBA Finance a standalone finance master’s degree?
Ans. No. Finance is a concentration inside Oakland’s MBA, requiring three approved electives in investment analysis, financial management and reporting and analysis. It fits applicants seeking managerial finance breadth rather than a standalone quantitative finance degree.
Ques. Can an Indian applicant apply without GMAT or GRE scores?
Ans. Yes, when the applicant meets one of Oakland’s published waiver routes. These include the relevant GPA routes, a business credential or three years of relevant work with a 2.75 undergraduate GPA.
Ques. What tuition and living budget should an Indian applicant use?
Ans. Use US$38,817 (INR 37.14 Lakhs) for the 36-credit tuition case and US$48,521.25 (INR 46.43 Lakhs) for the 45-credit case. Add the US$45 application charge (INR 4,306). Treat the US$20,695 living estimate (INR 19.80 Lakhs) and US$2,292 insurance (INR 2.19 Lakhs) as 2025-26 planning references.
Ques. Which date controls Winter 2027, and can an assistantship reduce the cost?
Ans. 01 September 2026 is the international deadline for Indian applicants, even though the general programme date is 15 November 2026. The assistantship may help after admission, but Oakland has not published a Winter 2027 Finance award value, so keep full funding ready.
Ques. Can Oakland MBA Finance provide 36 months of post-study work?
Ans. Plan around up to 12 months of OPT after completion. A further 24 months needs an eligible STEM CIP code, and Oakland has not confirmed that designation for MBA Finance.
Also Check: Oakland MBA admission requirements
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $30810 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $24648 |
| 2022 | $24648 |
Scores Required
- GMAT or GRE scores are required
- Avg. GMAT score: 543
- Waiver available when:
- Earned a master’s degree or higher with a minimum overall GPA of 3.0
- Earned a bachelor’s degree with an overall GPA of at least 3.0 from an AACSB-accredited business school
- Earned a bachelor’s degree in any major with an overall GPA of at least 3.2 from a regionally accredited program
- Avg. Undergrad GPA: 3.21

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