Program Overview

The College of Business offers an MBA in Finance Degree. This degree prepares students, who may or may not have a background in business, for careers in financial management of businesses, health care organizations, government agencies, and non-profit enterprises. The degree will equip students with broad skills and knowledge in business, accounting, marketing, operations, management, and leadership; and allows for 4 classes in the finance area. The MBA in Finance places an emphasis on developing financial analytical skills. There are many opportunities for graduates, including financial analyst, portfolio manager, investment banker and corporate financial associate.

Program tracks include a 36 credit track for students with an undergraduate degree in business and a 48 credit track for students with undergraduate degrees other than business. With either track, no work experience is required. The program can be completed full time or part time and can be started in the Fall or Spring semester. Additionally, domestic students can begin the program in Summer Session I. A portion of the MBA program can be taken online, and classes are offered in two Summer sessions and a Winter session.

Students are required to have an average grade of "B" or higher in all courses. Students will have to obtain a GPA of 3.0 or better by the end of their degree, otherwise the degree will not be granted. 

Requirements for the MBA in Finance Degree - 36 Credit Track

All courses are 3 credit courses

Requirements for the MBA in Finance Degree - 48 Credit Track

Admission Requirements

The following are required for consideration of admission into the COB Graduate programs, for both full and part time applicants:

• 4 Page online application.
• Please upload your personal statement and resume to the application (do not upload transcripts or any other documents)
• $100 Application Fee (non-refundable), payable online by credit card.
• General Management Admission Test (GMAT) scores. 

Your GMAT score is one part of your completed application and the admissions committee reviews the score in combination with your other materials. The admission committee looks for a minimum score of 550. However, applications will still be reviewed if your scores are below this point. 

If you are unable to provide evaluated transcripts from one of these organizations, you must provide us with official copies of your transcripts and proof of degree conferral in both English and your native language. These documents must be issued directly by your University.

• You are expected to have a GPA of 3.0 in prior academic work. In exceptional cases, a GPA below 3.0 will be considered for "conditional admission" to the MBA. If admitted "conditionally," you must achieve a 3.0 GPA in the first semester to continue in the MBA program.

• 3 Letters of Recommendation from current or former employers or professors. These should be submitted electronically through Apply Yourself.
• Proof of satisfactory completion (grade of "C" or better) of a three credit hour calculus course. A request for waiver from the calculus course requirement will be considered based on the student's undergraduate major, business experience and career aspirations.
• Applicants whose undergraduate education was conducted in a language other than English must also submit one of the following:
  • A TOEFL internet-based score of 85 or above
  • An IELTS test with an overall score of 6.5 or above, with no sub-scores below 6.0

Please instruct ETS to send the official score reports electronically to the State University of New York at Stony Brook, code 2548. www.ets.org/toefl Official scores are required in order to have an application reviewed for possible admission.

• If you are an international applicant and are accepted into the program, you will need to submit documentation to receive an F-1 visa. You will submit your information electronically through SOLAR after you have accepted our offer of admission.

Financial Opportunities 

1) GRADUATE COUNCIL FELLOWSHIP 

Graduate Council fellowships are available for exceptionally qualified incoming doctoral students. These fellowships are available to U.S. citizens and permanent residents only. GCF candidates are nominated by their respective graduate program. The Graduate Council Fellowships and Awards Committee reviews and ranks candidate files. Typically, 45 fellowships are awarded each academic year; each fellowship is renewable for up to five years.

Typically, a Graduate Council fellowship supplements the program’s offer of support with a $50,000 fellowship (over the five-year support period). These awards also provide a full tuition scholarship and subsidized health insurance coverage.

 2) TURNER FELLOWSHIPS 

The W. Burghardt Turner Fellowship is a Graduate Fellowship Program for qualified underrepresented students whose immediate academic plans include obtaining graduate or professional degrees in a variety of disciplines including the biological sciences, physical sciences, social sciences, medicine, humanities, engineering, and the arts.

3)  EXTERNAL FUNDING OPPORTUNITIES

The Graduate School compiles and updates information received from various funding agencies and private foundations that offer funding opportunities to graduate students and/or post docs. 

4)  CHILD BIRTH ACCOMODATION POLICY 

Application Deadlines

• Application deadline for MBA Programs for the Fall semester is June 15th; International Applicants should apply by March 15th.
• Application deadline for MS Programs for the Fall semester is May 15th; International Applicants should apply by March 15th.
• Application deadline for MBA Programs and the MS in Accounting Program for the Spring semester is November 15th; International Applicants should apply by October 15th.