Worcester, MA
student ratio
total students
Tuition Cost Not Reported
Not Reported
average amount to complete degree
April 15
fall application deadline
acceptance rate
1 Degree Offered
degrees offered


AACSB-Accredited Master of Science in Finance Program at Clark University

Clark University's Graduate School of Management (GSOM) master's in finance program integrates an understanding of the complexities of management with strong finance and quantitative skills. The M.S.F. will benefit students no matter where they are in their career and prepare them for positions in banking, investment management, trading, insurance and corporate finance.


The M.S.F. is STEM-approved, providing an opportunity for international students to extend Optional Practical Training (OPT) to three years. Students interested in the finance program can take advantage of this feature to gain significant relevant work experience in the United States post-graduation.

M.S.F. Coursework

In this cohort-based program, students take all required classes during the day with the same group of students. They combine theory and practice through rigorous case study analysis, extensive use of industry relevant software, team-based courses and close working relationships with research and practitioner faculty.


Requirements: 10 courses and a professional internship (waived in special circumstances). Students need to have taken Economics, Statistics and Calculus before starting the program.

Curriculum: Courses aren't just lecture settings. They focus on case studies and working in teams. All students are required to take an experiential learning course. Students can apply their skills and knowledge in the Invest Fund, Wealth Management, or Financial Consulting Project course. In some of these courses, students collaborate to manage a real equity portfolio on behalf of the Clark University endowment.


As students advance through intensive coursework, they focus on valuing stocks, evaluating and managing financial risk and learning skills to develop and manage securities portfolios. Embodying the school's mission, classes incorporate topics of ethics and corporate social responsibility.

Exciting Internships and Career Opportunities

In addition to completing coursework, students have ample opportunities to gain hands-on skills by putting theory into practice. Through an internship, students have the chance to effect real change at an organization and in the community. Their students have worked with local and national companies, including:

  • Morgan Stanley
  • Deloitte
  • Hanover Insurance Companies
  • Unum

Whether students are looking to advance in their industry or change careers, all finance students work with the Stevenish Career Management Center staff, who partners with students during their studies and help direct their career development. The Center provides a variety of networking, advising, and career support services such as resume and cover letter assistance; mentoring; workshops; and access to career fairs. Their graduates have gone on to work at prominent firms around the world, such as:


  • Fidelity Investments
  • Standard Chartered Bank
  • PricewaterhouseCoopers
  • World Bank
  • EMC

The M.S.F. and M.B.A. Dual-Degree Program

The unique dual M.B.A. and Master of Science in Finance program is ideal for students who want to combine in-depth finance expertise with a broad foundation in global business theory and practice. Students gain the same deep understanding of global finance and business management as they would by earning the two degrees individually, but in substantially less time.

Over two-and-a-half to three years, students take courses in both programs to earn two degrees. Students in the dual-degree program typically complete 19 to 22 courses, including the required courses of both the M.B.A. and M.S.F. programs.

Expert, Supportive Faculty

At Clark, students will learn financial management strategies from research active and practice oriented faculty (not teaching assistants) who are noted for their expertise in nontraditional trading strategies used by major investors. They publish in top journals, including:

  • Journal of Banking and Finance
  • Journal of Derivatives
  • The Review of Quantitative Finance and Accounting Journal
  • Advances in Econometrics.

In addition, the professors are eager to get to know students, share their career-related advice, and engage one-on-one. They truly love to teach, mentor and help M.S.F. students advance in their professions.


Student Professional Development and Engagement

Thanks to the Hausrath fund, which was established by alumnus, William Hausrath `53, to support student development, M.S.F. students can use funds to take part in educational opportunities and professional development on and off campus, including finance conferences in Boston, New York, or even across the country.

In addition, the Graduate School of Management is home to several finance- and business-related graduate student organizations, including the GSOM Student Council, the GSOM Finance Association, and Clark Women in Business.

Admissions Requirements

To be considered for admission into the M.S.F. or the dual M.S.F./M.B.A. degree program, students must submit an application with associated fee; a personal statement; a resume; two letters of recommendation; and official transcripts from all colleges and universities attended. Students must also submit GMAT or GRE scores. Applicants with Ph.D. degrees, M.D. degrees, or J.D. degrees from accredited universities are not required to submit GMAT or GRE scores. 
Students from all academic backgrounds who have taken calculus, economics, and statistics may apply to the M.S.F. or dual M.S.F./M.B.A. programs.

Financial Aid

The Graduate School of Management offers generous merit-based tuition scholarships to qualified students. Competitive candidates for scholarships have strong academic credentials, test scores, leadership abilities and potential for professional success. All GSOM students can apply for graduate assistantships, which pay hourly wages for providing teaching and/or research support to faculty.

About the Graduate School of Management at Clark University

The Graduate School of Management (GSOM) at Clark University is an academically rigorous business school that offers a personal, collaborative, and supportive learning environment. All classes are taught by scholar-practitioner faculty who are passionate about mentoring, sharing their professional and academic experience, and assisting students in their professional goals. Students are proud to be part of a university of consequence--where students pursue their passions with the knowledge that they can make a difference in the world.

GSOM distinguishes itself with:             

AACSB Accreditation. AACSB accreditation is the hallmark of excellence in business education, earned by less than 5 percent of the world's business schools.

A Prestigious Research University. Clark University is a liberal arts-based research university with a distinguished academic and research pedigree. Nationally ranked in numerous categories each year, Clark has also twice ranked as one of the nation's top 20 most entrepreneurial schools by Forbes.

Notable Recognition. The Graduate School of Management is regularly distinguished by The Princeton Review as a "Best Business School," as well as a U.S. News and World Report ranking in 2015 for its part-time M.B.A. program. Past rankings have also included a NetImpact "Top 50 School for Environmental Sustainability," placing it among the world's best business schools to study and research sustainability and related issues.

PRME Signatory Status. GSOM is a proud signatory to the United Nations' Principles for Responsible Management Education (PRME), which strengthens their commitment to education, research, and collaboration that fosters sustainable social, economic, and environmental change.

Top East Coast Location. GSOM is located in historic Worcester, Massachusetts, the second largest city in the New England region of the United States. Worcester, a city of approximately 180,000 residents, offers the intimacy of a small town and the resources of a big city. Plus, it's only an hour from Boston, Hartford, and Providence, and 3 hours from New York City. This places students in close proximity to a myriad of cultural, educational, employment, and entertainment opportunities.

About Clark University

Clark University is home to approximately 3,000 undergraduate, graduate, and Ph.D. students. Clark is a liberal arts-based research university with a distinguished academic and research pedigree, as well as a national leader in cultivating an educational environment characterized by collaboration, creativity, intellectual daring, and the capacity and determination to bring about real, transformative global change.

Location & Contact

Program in Finance

Graduate School of Management
Clark University

950 Main Street
Worcester, MA 01610-1477
United States

Dr. Priscilla Elsass


Phone: 508-793-8822
Fax: 508-793-8822
Email: pelsass@clarku.edu

Yingying Chen

Assistant Director of Graduate Admissions

Phone: 508-793-7373
Fax: 508-798-4386
Email: graduateadmissions@clarku.edu

Request More Info
Google Map of 950 Main Street Worcester, MA 01610-1477 United States

Degrees & Awards

  • Degrees Offered
    • Major Degree Levels Offered
    • Finance And Banking Master of Science in Finance (MSF)
  • Degrees Awarded
    • Master's Degrees 65
    • Doctoral Degrees Not reported
    • First Professional Degrees Not reported
    • Other Advanced Degrees Not reported
    • * Shows the number of degrees awarded for the last academic year that data was reported.
  • Earning Your Degree
    • Part-time study available? No
    • Evening/weekend programs available? No
    • Distance learning programs available? No
    • Terminal master's degree available? No
  • Degree Requirements
    • Master's Degrees Thesis optional
    • Doctoral Degrees Not reported
    • First Professional Degrees Not reported
    • Other Advanced Degrees Not reported


62% of applicants are admitted.
  • Acceptance Rate
    • Applied 562
    • Accepted 354
    • Acceptance Rate 62
    • Enrolled 42
  • Applying
    • Application Fee - Domestic $100
    • Application Fee - International $100
    • Electronic applications accepted? Yes
    • Applications processed on a rolling basis? Not Reported
  • Application Deadlines
    • Type Domestic International Priority Date
    • Fall deadline April 15th April 15th Yes
    • Winter deadline Not Reported Not Reported Not Reported
    • Spring deadline December 1st December 1st Yes
  • Entrance Requirements
    • Master's DegreesGMAT or GRE, 2 references, and resume or curriculum vitae, personal statement
    • Doctoral's DegreesNot Reported
    • First-Professional's DegreesNot Reported
    • Other Advanced DegreesNot Reported
    • International DegreesTOEFL required, 575 paper based, TOEFL iBT, IELTS required, IELTS paper based

Tuition & Fees

  • Tuition & Fees *
    • Tuition & FeesNot Reported
    • *Average dollar amount (tuition & fees) required to complete the degree
  • Financial Support
    • Financial award applicants must submitNot Reported
    • Application deadlines for financial awardsNot Reported
    • Types of financial support availableTuition Waivers

Student Body

  • Gender
    • Total Graduate Students97
    • Female Percentage46%
    • Male Percentage54%
  • Participation
    • Total Graduate Students97
    • Part-time Percentage0%
    • Full-time Percentage100%
  • Race/Ethnicity
    • Hispanic / Latino0%
    • Black / African American0%
    • White / Caucasian2%
    • American Indian / Alaskan Native0%
    • Asian0%
    • Native Hawaiian / Other Pacific Islander0%
    • Two or more races0%
    • Unknown or International Student98%


  • Existing Research
    • Focus of faculty researchMarketing, accounting, human resource management, management information systems, business finance
    • Externally sponsored research expenditures last yearNot Reported



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