Admission Guidelines

Students applying for admission will be evaluated primarily on standardized test scores (GMAT or GRE; either will be accepted) and undergraduate grades and major. The TOEFL or IELTS will be required for non-native English-speakers who do not have a degree from an English-speaking university, though this requirement may be waived based on an interview or other considerations. Work experience is not required. There are no specific course pre-requisites other than college-level math and introductory statistics.

Application Process

Prospective students must apply online at the Graduate School. All applications and supporting documents, including the GMAT/GRE scores, should be submitted to the Graduate School. Application deadline is June 30 for all students. Please note the MSF program does not require letters of recommendation. Spring admission is considered if either one of the following two conditions is met: (1) the applicant plans to finish the program in more than two semesters; or (2) the applicant's undergraduate major is finance with a GPA>3.2.

Completion of the application does not guarantee admission into the MSF program. Applicants will be evaluated primarily based on their undergraduate grade point average (GPA), their GMAT/GRE scores, and their TOEFL/IELTS scores.

Applicants must submit the following:

  • Resume or CV
  • Official GMAT or GRE score (the institutional code for UK Graduate School is 1837 when sending your GMAT or GRE score to us)
  • Official TOEFL or IELTS score if you are an international student (the TOEFL Institution Code for the UK Graduate School is 1837, and IELTS scores should be sent directly to us from the International English Language Testing Service specifying the University of Kentucky Graduate School, Lexington, Kentucky as the recipient institution. )
  • Official undergraduate transcript

The minimum undergraduate GPA requirement is 2.75. We accept either GRE or GMAT. The minimum for GMAT is 550. The minimum for GRE is 300 (V+Q+writing). We accept either TOEFL or IELTS: minimum TOEFL score is 550 (paper-based) 213 (computer-based), or 79 (internet-based). The minimum IELTS score is 6.5. However, the TOEFL/IELTS minimum requirement can be waived through a Skype interview.

The GMAT/GRE exams may be waived by the MSF Admissions Committee as part of the graduate test requirement. Sole discretion of any GMAT/GRE waiver remains with the MSF Admissions Committee and any waiver granted does not guarantee acceptance. The GMAT or GRE can still be recommended by the MSF Admissions Committee to strengthen the overall competitiveness of the applicant.

If you meet any of the following criteria, you may be considered for a waiver:

  • If the applicant has been awarded a Masters, Doctorate, or a terminal degree such as in Law, Dentistry, Medicine or Pharmacy Doctorate, or presently enrolled in such programs and in good standing
  • If the applicant has an undergraduate GPA of 3.5 or higher
  • If the applicant has professional work experience with heavy emphasis on finance, position(s) held, tenure, professional responsibilities and specific accomplishments in finance. Combined with career experience, additional considerations will be given to those who have demonstrated prior academic achievement and/or those who have obtained additional professional certifications (such as CPA, CFA, or FRM), professional trainings/courses and/or credentials.

To be considered for the waiver, email an updated resume and supporting documents to

Application Deadline: June 30 for all students (though most decisions will be made before that)

To apply, go to

The Graduate School address is:

UK Graduate School
106 Gillis Building
University of Kentucky
Lexington, KY 40506-0033
United States of America

More details may be obtained from the Graduate School or the Department of Finance and Quantitative Methods at the address below:

Dr. Mark Liu, MSF Director
Department of Finance and Quantitative Methods
345J Gatton College of Business and Economics
University of Kentucky
Lexington, KY 40506-0034
United States of America

Policy Changes

All statements made here are announcements of present policy only and are subject to change at any time without prior notice.

Reach Out to Us on Social Media

Facebook Twitter