A surge in international applications helped Master of Finance programs bounce back in 2015.
Of the 44 Master of Finance programs that responded to the most recent GMAC Application Trends Survey, 60 percent reported year-over-year application growth during the 2014–2015 admissions cycle. This marks the first time since 2012 that the majority of finance master’s programs reported gains.
International applications factored heavily in Master of Finance programs 2015 turnaround. Sixty percent of programs reported increased application volumes from international candidates, compared with just 46 percent that reported increased volumes from domestic candidates.
Master of Finance programs tend to be more selective than other specialized master’s degrees offered by business schools today. In addition to receiving a higher median number of applications per available classroom seat (5.2), Master of Finance programs also boast lower acceptance rates (44%) when compared with Master of Accounting (60%) and Master in Management Programs (48%).
For more insights on application trends for Master of Finance and other master’s programs, check out the 2015 Application Trends Survey Report.