Is the GRE required for MFin?

Asked by Mathew Godnis 4 months ago

Answers 2
Ashish Yadav

Ashish Yadav

MentR-Me
MentR-Me Team

Absolutely!

Having navigated the realm of Finance for a decade now, I can vouch for the significance of the GRE when it comes to pursuing a Master's in Finance (MFin). Many top-tier universities offering MFin programs often require the GRE as part of their admissions process that depends on Mfin Eligibility & Requirements. The GRE serves as a standard measure for assessing your readiness for the rigors of graduate-level studies, especially in quantitative fields like Finance. While some schools may offer waivers or alternative exams, it's generally advisable to prepare and excel in the GRE to bolster your application and demonstrate your academic process.

 


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Abhiyudaya Chauhan

Abhiyudaya Chauhan

MentR-Me
MentR-Me Team

Sr. Consultant

The GRE scores required for MFin programs can vary significantly depending on the institution and the competitiveness of the program. Many universities, especially in the United States, require the GRE or GMAT as part of the admissions process for their MFin programs. However, many schools do not require these tests, particularly in Europe and other regions, or during specific admission cycles.

Like, For Master of Finance (MFin) programs at top universities like MIT and Stanford, competitive GRE scores typically include a Quantitative score in the range of 166-170 and a Verbal score between 157-166. Achieving these scores can significantly enhance your application to high-ranking institutions​ 

However, not all programs publish explicit "minimum" GRE scores, but aiming high can generally increase your chances of admission, particularly in quantitative sections where scores above 165 are often expected for competitive finance programs​.

For programs that do require the GRE:

  • They may offer a waiver for candidates with substantial work experience, excellent undergraduate grades, or holders of another graduate degree.

Given these examples, if you're aiming for top-tier programs, you should target a GRE Quantitative score in the mid to upper 160s, and a Verbal score around 155 to 166. These ranges are competitive for most of the highly ranked MFin programs.

 


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