M.S in Aviation Finance at Embry-Riddle Aeronautical University

Embry-Riddle Aeronautical University offers a Master of Science (M.S.) in Aviation Finance through its College of Business. This program lasts for 18 months and costs $32,309 in tuition fees. To be admitted to the M.S. in Aviation Finance, students must prove their English language skills. The accepted tests for English proficiency include IELTS, TOEFL, and Duolingo. Additionally, applicants need a minimum GPA of 3.0 on a 4.0 scale to qualify for admission.

12th Grade

There is no specific cutoff mentioned for 12th grade.

Graduation

Students should have a good academic record, usually shown by a CGPA of 3.00 or higher. Those with a degree in business, accounting, finance, economics, or related fields meet the requirements for the MSAF program. Students from other majors can apply but must show they have taken classes in economics, accounting, finance, and statistics. If they lack this background, they will need to take specific undergraduate courses at ERAU as a condition for admission. These prerequisite courses must be finished before starting graduate courses.

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Application Process for Embry-Riddle Aeronautical University

Step One: Prepare Documents for Application

• Letters of Recommendation (LOR): You need three recommendations, with two from academic sources and one from a professional source.
• Curriculum Vitae (CV): Provide a current resume that outlines your past education and work experience.

Step Two: Additional Documents Required

• Official Transcripts: Include your academic transcripts from previous institutions.
• Statement of Objectives: Write an essay that shows your writing skills. It should be three to four paragraphs long and include: A description of your long-term professional goals and how Embry-Riddle's program helps you achieve them. A description of your interests and background. A description of why you want to pursue graduate work in your chosen field.
• GMAT/GRE Scores: Include these scores if they apply to you.
• English Language Proficiency Scores: Provide evidence of your English language skills.
• Copy of Passport: Include a photocopy of your passport.
• Affidavit of Financial Support: Show proof of financial support for your studies.
• Course Evaluation: If you have studied outside the U.S., you need an official evaluation of your courses in English, showing your cumulative GPA. This evaluation must be certified by World Education Service (WES) or another approved Foreign Credential Evaluation Service (FCE).

Step Three: Start Your Online Application

Begin your application process through the university's online application portal.

Step Four: Application Fees

The application fee is USD 50, which is approximately INR 4.21 Thousand. You can pay using a credit card.

The university allows students to pay their tuition fee in four monthly installments each semester.

Step Five: Application Deadlines

• Fall (August): Deadline is June 1st.
• Spring (January): Deadline is October 1st.

*These dates are tentative based on previous years. For the exact deadlines, consult with an expert counselor.

Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"