Bachelor of Finance [B.Fin]

at Massachusetts Institute of Technology

15-3: Finance

At the intersection of economics, strategy, and accounting, finance looks at how to keep markets and organizations operating efficiently. The 15-3 major in finance prepares you for a career in finance, from managerial finance to corporate finance to algorithmic trading to emerging finance technologies. Lab and communications subjects help you apply the tools of finance to industry. The restricted electives give you flexibility to focus on certain areas or explore topics that complement finance.

5-6 Required Subjects
 

• Managerial Finance

• Corporate Finance

• Communication (optional)

• Accounting

• Microeconomics

• Probability and Statistics

7 Restricted Electives


Investments
 

• Financial Markets

• Options and Future Markets

• Fixed Income Securities and Derivatives

Corporate Finance
 

• Entrepreneurial Finance and Venture Capital

• Advance Corporate Finance

• Mergers, Acquisitions, and Private Equity

Topics in Finance
 

• International Capital Markets

• Corporate Financial Strategy

• Analytics of Finance

• FinancialEngineering

• Advanced Analytics of Finance

• Financial Data Science and Computing

• Functional and Strategic Finance

• Asset Management, Lifecycle Investing, and Retirement Finance

• FinancialMarket Dynamics and Human Behavior

• Healthcare Finance

• Taxes and Business Strategy

• Business Analysis Using Financial Statements

Non Finance Courses
 

• Optimization Methodsin Business Analytics

• Introduction to Operations Management

• Marketing Innovation

• Competitive Strategy

• People, Teams, and Organizations Laboratory

• People, Teams, and Organizations

• Organizational Processesfor Business Analytics

Academic Eligibility:
 

• Students should have concluded their secondary education and wish to pursue a bachelor’s degree as a full-time university student.

• Students may apply during or after their final year of secondary education but may not apply using the first-year application if they have already matriculated to another degree-granting institution.

Others:
 

MIT admissions counselors are trained to understand the educational system in your part of the world. The university recommends that all international students study:
 

• Four years of English

• Mathematics, at least to the level of calculus

• Two or more years of history/social studies

• Biology

• Chemistry

• Physics

• The above subjects are not compulsory but they add an extra value while applying for this program.

English Language Proficiency Scores:
 

• The students whose official language is not English are required to submit the ELP(English Language Proficiency) Scores.

• TOEFL scores are to be submitted and the should clear the cut-off (IBT – 90, PBT –  600) to get into this program.

• These Scores are evaluated along with SAT or ACT exam scores which are submitted.

Exam Requirements:
 

• The university requires the SAT or the ACT and does not require the ACT writing section or the SAT optional essay.

Required Document List
 

• Online Application: Students have to submit an online application form at the official website.

• Application Fee: Students need to submit their application fees.

• Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.

• Letters of Recommendation: Three letters of recommendation are required.

• Official GRE Test Scores: Students have to submit their GRE Test Scores.

• ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

The cost of studying at Massachusetts Institute of Technology varies largely depending on the type of university and the degree chosen. More often than not, humanities, arts, and education courses are less expensive than degrees in medical, engineering, or management. Furthermore, students who choose to study at the postgraduate level typically pay higher tuition fees, which again vary depending on the programme chosen.

Most universities provide scholarships or financial aid to students in order to help them offset their tuition costs. Students should be aware that additional course fees and incidental expenses may not be included in tuition. On average, international students can expect to pay $51520 annually, to study in Massachusetts Institute of Technology