Master of Science in Finance at University of Alabama

The University of Alabama offers a Master of Science in Finance through its Department of Economics, Finance, and Legal Studies. This program lasts for one year and has a tuition fee of USD 29,230. To apply for the Master of Science in Finance, students must show their English language skills. The accepted tests include IELTS, TOEFL, and PTE. Additionally, applicants need to have a minimum graduation CGPA of 3.0 out of 4.0.

The Master of Science in Finance program provides a specialized curriculum with focused training in finance.

This course is designed to give students a deep understanding of how to value financial assets like stocks, bonds, derivatives, and other special assets, along with how to manage them in a portfolio.

The Master of Science in Finance aims to provide advanced knowledge and skills in areas like investments, banking, corporate finance, and financial engineering.

The financial risk strategy track in this master's program covers modern methods for managing financial risk.

Here are some formal tracks that students can choose to follow:

• Financial Engineering
• Corporate Finance
• Real Estate

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12th Grade

There is no specific cutoff mentioned for 12th grade.

Graduation

Applicants must have a degree that is equal to a U.S. four-year bachelor’s degree from an accredited university or college. They should have an overall GPA of 3.0, 3.0 for the last 60 semester hours in their degree program, or a 3.0 for a completed graduate degree program. It is recommended that students complete undergraduate courses in accounting, statistics, calculus, economics, and finance before starting the program.

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Application Process for University of Alabama

Step One: Prepare Your Documents

• Statement of Purpose (SOP): You need to write an essay that is usually 1-2 pages long.
• Letters of Recommendation (LOR): You need 2 letters, preferably from at least two professors.
• Curriculum Vitae (CV): An updated resume is required.

Step Two: Additional Documents Required

• Transcripts from all colleges you have attended.
• Official GMAT or GRE scores.
• Proof of English language proficiency.

Step Three: Start Your Online Application

To apply, you will need to fill out the online application form.

Step Four: Application Fees

• The application fee is USD 80, which is approximately INR 6.74 Thousand.
• Payment Method: You can pay using a credit card.
• The university offers a payment plan that allows you to make four monthly payments for the Fall and Spring terms based on actual charges.
• The first payment and a $30 processing fee are due when you enroll.

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