Admission Requirements: Finance, M.B.A.
Thanks for your interest in the Finance, M.B.A. degree.
- B.S. degree or its equivalent from an accredited college or university.
- If you already hold a graduate degree from a regionally accredited university, you may be admitted into the M.B.A. program upon receipt of the admissions documents.
- Minimum undergraduate GPA of 3.0.
- The GMAT is not a requirement for admission, but may be submitted toward fulfillment of the M.B.A. admissions criteria if your undergraduate GPA is below the requirement listed above. You will be considered for admission if you receive a satisfactory composite GMAT score, which will be determined by the graduate faculty and will consist of a numerical calculation of your undergraduate GPA and your GMAT score.
General Application Materials
- Completed application.
- $50 nonrefundable application fee.
- Copies of undergraduate transcripts for all schools attended. All final, official transcripts must be received prior to the start of your first semester.
- Copy of college diploma or proof of degree.
- Official GMAT scores, if required. NYIT GMAT Codes
Full time (9 or more credits): OQN-RL-35
Part-time (less than 9 credits): OQN-RL-74
- Applications are reviewed on a rolling admission basis, as long as space is available.
All application materials must be fully submitted prior to consideration for admission to the M.B.A. program. Please see important admission notes:
- You will either be fully admitted or not admitted into the M.B.A. program. There are no conditional admissions nor granting of provisional status.
- There are no categories for non-matriculated or non-degree status.
- There are no Early Admissions.
- No student may register for a 600 level M.B.A. course until fully admitted into the M.B.A. program (Students transferring from another NYIT graduate program into the M.B.A. program must satisfy the admissions criteria for the M.B.A. program).
- All Bridge Program students must complete all bridge courses with a satisfactory GPA prior to registering for any 600 level M.B.A. course.
- Students may only utilize a proxy examination score in place of the GMAT (e.g. GRE; LSAT) if explicitly approved by the School of Management Dean.
There are three categories you may fall into as an applicant:
- If you have completed only a three-year (or more) degree-bearing postsecondary program which is equivalent to a U.S. bachelor's degree, you may apply directly for admission into the M.B.A. program.
- If you have completed only a three-year (or more) degree-bearing postsecondary program which is not equivalent to a U.S. bachelor's degree, you may be eligible for the M.B.A. Bridge Program. If you are admitted into the M.B.A. Bridge program, you are considered an M.B.A. student.
- If you have earned undergraduate credits which have not resulted in an equivalency to a U.S. bachelor's degree, you may be eligible for the Transfer Bridge programs.
Waivers and Transfers
These policies ensure program integrity and also that student ability to attain the learning goals of the program is not compromised.
The M.B.A. non-waivable program core credit hour requirement must be completed in the School of Management in its entirety.
- Undergraduate and graduate coursework completed elsewhere, but only from a regionally accredited institution, may be used to waive credit hour requirements in the M.B.A. waivable program core, if equivalencies are established. The School of Management will administer a qualifying examination for the purpose of waiving credit hour requirements in the waivable core in those circumstances where there is evidenced professional, academic, or other relevant experience.
- A grade of C- or better is required for any course utilized to waive a course in the M.B.A. waivable program core.
- A maximum of nine credit hours of graduate coursework completed elsewhere, but only from a regionally accredited institution, may be transferred into the M.B.A. program and only toward the elective credit hour requirements.
- No credit hours may be transferred into the M.B.A. "accounting specialization" component of the B.S./M.B.A. - C.P.A. Track program, unless they have been completed at an AACSB-accredited institution and have equivalencies established with those courses they replace.
- A maximum of three credit hours completed elsewhere, but only from an AACSB-accredited institution, may be transferred toward concentration requirements of the M.B.A. program. These credit hours are not in addition to the nine credit hours specified above.
- Transfer of courses will only be considered for those with a grade of B or higher and must not have been applied towards another degree.
- Courses presented for transfer credit must be submitted for consideration with official transcripts from the other program, and must have been completed within five years of initial acceptance into the M.B.A. program.
If you have any questions about admissions or eligibility, please contact the Office of Graduate Admissions at firstname.lastname@example.org or 516.686.7520.