How much does MIT master of finance cost?

Question

Hema A · Accepted Answer

The tuition for MIT&rsquo;s Master of Finance program in 2025&ndash;2026 is $93,834 for the 12-month track and $128,820 for the 18-month track.
These amounts include required course materials but not health insurance, which is mandatory unless waived. Students should also budget for living expenses in Cambridge &mdash; housing, food, transport, and personal costs can add another $25,000&ndash;$35,000, depending on lifestyle and duration.
For the 18-month program, the full cost &mdash; including tuition, living, and other fees &mdash; typically comes to around $155,000&ndash;$165,000. The 12-month version costs slightly less overall but offers fewer internship and recruiting windows.
MIT provides some need-based fellowships, but most funding comes from personal savings, loans, or external scholarships. The ROI is strong, but the upfront cost is high &mdash; it&rsquo;s essential to plan finances well before committing.