School of Business

 

MS in Applied Finance

 

 

 

Master of Science in Applied Finance

Deepen your expertise in finance and stand out from the crowd with a Master's in Applied Finance (MSAF) from the George Washington University School of Business (GWSB). This rigorous, STEM-designated applied finance degree emphasizes real-world finance training, equipping professionals with the knowledge and skills to work in a wide array of finance roles. By combining quantitative and computer skills with financial theory and practical applications, you will become a problem-solving leader ready to tackle any scenario in this dynamic field.

Explore the benefits of studying with world-renowned professors while focusing on risk management, financial engineering, banking, corporate finance and portfolio analysis and management. The applied finance master's program is designed for candidates with a background in finance and an interest in the fields of financial management and research.

 

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Program Features

 

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Full-time or Part-time

Pursue this degree at your own pace. Average completion time: 1.5 years (full-time) or 2 years (part-time). Entry semester: fall or spring.

 

 

See Where Our Graduates Have Landed

GWSB’s extensive network of over 60,000 graduates spans 260+ organizations across the public and private sector and around the world. Our alumni regularly connect with current students and fellow alumni, attend events, mentor, and help GWSB evolve and expand. It’s this involvement by our graduates that truly contributes to the success of the school.

  • Amazon
  • Bank of America
  • Chevron
  • Citibank
  • Deloitte
  • Fannie Mae
  • Freddie Mac
  • HSBC
  • JP Morgan
  • Microsoft
  • World Bank Group

 

 

 

Explore This Program

This advanced finance program uniquely balances quantitative skills with theoretical foundations, pushing students to the forefront of financial innovation. Through statistical analysis, econometrics, financial and computer modeling and financial valuation, students are provided with advanced foundations that are then applied to capital markets, real estate investment, value-derived securities and risk and financial management. This STEM-designated program offers students new opportunities in financial technology careers.

Sample Courses:

Modeling & Econometrics

  • Financial Modeling and Econometrics
  • Advanced Financial Econometrics and Modeling

Investment Management

  • Investment Analysis and Global Portfolio Management
  • Financial Engineering and Derivative Securities

Financial Applications

  • Cases in Financial Management and Investment Banking
  • Cases in Financial Modeling and Engineering


Total Credits: 36  |  Commitment: Part-Time or Full-Time  |  Location: In-Person 

Length of Program: Expected completion for the full-time program is under two years

View Degree Requirements  

 

 

Meet Your Team

 

 

 

Why GW Business?

Located in the heart of Washington, D.C., our MS in Applied Finance program offers unparalleled access to the District’s extensive financial ecosystem of federal regulatory agencies, major financial institutions, non-governmental organizations, and global think tanks. You will have the opportunity to build a robust professional network through on- and off-campus interactions with these industry leaders, and pursue highly-prized internships and job placements. The exceptional applied finance curriculum taught by eminent faculty with PhDs from top-ranked universities will allow you to emerge well positioned for a successful and rewarding career.

 

 

Latest News

 

Awards (2024-2025)

August 5, 2025

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GW Investment Institute Adds New Financial Markets Learning Initiatives

July 25, 2025

GW Professors Gate

Dean’s Awards Recognize Faculty and Staff

July 24, 2025

Read more news related to this program  

 

 

 

Admissions

Admission to the Master of Science in Applied Finance program is highly competitive and enrollment is limited. Due to the rolling admissions policy, it is recommended that candidates submit applications early. The candidate’s major and trend in grades, personal achievements, and letters of recommendation also affect the admission decision. This program seeks social, ethnic, cultural and geographical diversity in its student body.

Admissions Process

Applying to a program at the GW School of Business may seem like a complicated process, but the GWSB admissions team is here to help. The application process for this program can be found on our How to Apply page. All application materials should be sent to the GWSB Graduate Admissions Office. The GRE or GMAT test is not required — however, if you feel that submitting your scores will strengthen your application, you are welcome to submit them. We also offer a wealth of resources to help you finance your degree, from scholarships and fellowships to loans and work-study arrangements.

Application Deadlines

Admission to this program is on a rolling basis. International students requiring visas are encouraged to apply especially early.

Tuition & Financial Aid

 

 

20% Tuition Discount for Displaced Federal Workers and Contractors

The GW School of Business is committed to supporting federal employees and contractors affected by workforce reductions. To help those affected, GWSB is offering a 20% tuition discount for eligible prospective graduate students in 2025.

Learn More  

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