M.S.F. requirements

The Wayne State University Mike Ilitch School of Business master of science in finance (M.S.F.) meets the standards set by the field of finance and the primary accrediting body for business education, AACSB International, for a master's degree in a specialized field.

The M.S.F. curriculum will provide the student with a solid foundation for the Chartered Financial Analyst (CFA) level one exam and will prepare them for a variety of financial roles.

Contact an advisor if you have questions or need more information.

Admission requirements

Admission to the M.S.F. program is contingent upon admission to the Wayne State University Graduate School. In addition, applicants must meet the following criteria:

  1. GMAT
    • The GMAT requirement can be waived, if you meet the following criteria:
      • An acceptable score on the Graduate Record Examinations (GRE), Law School Admission Test (LSAT), or Medical College Admission Test (MCAT) entrance exam.
      • GPA of 3.3 or higher from an AACSB-accredited business program.
      • GPA of 3.3 or higher from a regionally accredited university in any major.
      • A minimum 3.0 GPA and at least three years of relevant professional experience that shows increased responsibility over that period.
      • You have passed level one of the CFA exams.
      • GPA of 3.0 or higher in a major in Engineering, Physics or Mathematics.
  2. Overall undergraduate GPA of 2.75, with a 3.0 major GPA (on a 4.0 scale)
  3. Submit a copy of your professional resume (should include start and end dates for each position held).
  4. Three letters of recommendation from professors or employers.


The curriculum comprises 30 credit hours, including 21 credits of required core courses and 9 credit hours of elective courses, allowing students to customize the program to their interests. Previous coursework will be thoroughly reviewed to determine eligibility for course waivers. Students may be required to complete additional foundation courses.

Business Foundation Courses (6 credits)

Required Core Courses (21 credits)

Elective Courses (9 credits)

Graduation requirements

The M.S.F. program requires a total of 30 credit hours. Up to six transfer credits from previous equivalent graduate coursework can be applied to the degree if those credits have not been counted toward a degree and are equivalent substitutes.

Students can pursue the M.S.F. full-time or part-time, but all students must complete the program within six years.

A minimum cumulative grade point average of 3.0 or higher is required for graduation. A maximum of two courses in which a C grade has been received may be used to meet graduation requirements, provided this is offset by sufficient A grades to maintain the required 3.0 average.