Boston College Masters in Finance Program Update – May 2020

Boston College Carroll School Logo

The Boston College Masters in Finance program is one of the older and more established MSF’s in the country. This was a school I looked at when I was trying to decide which MSF to apply to almost a decade ago. The school was primarily a part time masters in finance, educating mostly working professionals, but other the years the school has rolled out a full time option as well as a quantitative track. It has been a while since I last posted about the BC program and there has been a lot of updates that I think will be of interest to all of you.


This is a STEM certified, 10 course track masters in finance program. The MSF has 7 core classes and allows students to chose 3 electives. Boston College students also need to have 10 hours of community service, something I like and would love to see other schools implement. There is a full time and part time option, as well as a quantitative track for individuals looking for a more math based financial education.

The program provides experiential learning and in Spring 2020 students will work with State Street. This is really great experience and nice to see a well known local employer. Here is the description from the website:

“In spring 2020, MSF students will have to opportunity to gain finance research experience through a directed practicum. Working on projects for SSA, the academic arm of State Street Corporation, students will contribute to its inventory of 4,000+ academic papers on investment strategies by researching and updating quantitative models, as well as reporting on trending topics in academia as they relate to real-world practices.

Experiential learning offerings, such as the Finance Directed Practicum, vary by semester. Entry to these opportunities depend on program availability and may comprise an application and approval process.

Class Profile

The 2019 class profile looks very strong and I also like the fact that Boston College provided one for their full time program and one for the part time program.

Full Time

  • Class Size – 75
  • Avg GPA – 3.5
  • Avg GMAT – 685
  • International – 87%

Part Time

  • Avg GPA – 3.18
  • Avg GMAT – 595
  • Work Experience – 3-16 years


I am going to reach out and see if I can get more specific information, like a placement report or something similar, but the Boston College Masters in Finance program provides a list of firms that have hired MSF graduates over a 2 year period (2017-19). This is a good indication of where graduates go to work and gives you an idea of places to network with.

This isn’t full list (which can be found on the career section on the website), but I picked a select number of employers for all of you to check out.

  • Accenture
  • Cadence Bank
  • Citi
  • Duff & Phelps
  • Goldman Sachs
  • Harvard Business School
  • MIT
  • Metlife
  • Morgan Stanley
  • State Street
  • Wellington Management


Boston College has pretty standard admission requirements. Resume, application, transcripts, GMAT/GRE (waivers are available for fall 2020 applicants), one recommendation and a personal essay.

The application deadline for the full time program has passed, but the part time is still accepting applications on a rolling basis.

Tuition for the full time and part time programs is $56,580.

As mentioned above, a lot of good things going on with the BC program. Hopefully I can find out a little more detail on the career outcomes and possibly get an updated student review. Keep checking back for more information on this long standing MSF program.


Here is a link to the Boston College Masters in Finance Program


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