University of Delaware Finance Admissions

Gaining admission to the University of Delaware’s (UDel) Finance program, housed within the Alfred Lerner College of Business & Economics, is a competitive process. Successful applicants typically demonstrate a strong academic record, a genuine interest in finance, and the potential to succeed in a rigorous academic environment.

Undergraduate Admissions

For undergraduate admission to the Finance major, prospective students must first apply and be accepted to the University of Delaware. This involves submitting a completed application, high school transcripts, standardized test scores (SAT or ACT – check the university’s current policy regarding test-optional admissions), and letters of recommendation. UDel emphasizes a holistic review process, meaning they consider various factors beyond just grades and scores.

A strong high school curriculum is crucial. Students should focus on excelling in courses like mathematics (especially calculus and pre-calculus), statistics, and economics. Demonstrating analytical and problem-solving skills is highly valued. Participating in extracurricular activities related to business, economics, or finance (such as investment clubs, DECA, or Future Business Leaders of America) can significantly strengthen an application. Essays should showcase your passion for finance and your understanding of the field’s relevance in the modern world. Explain why you are drawn to UDel’s specific Finance program.

Once admitted to the university, students typically declare their Finance major during their sophomore year. Some may enter directly into the Lerner College as pre-business students, which allows them to begin taking introductory business courses. Maintaining a strong GPA during the freshman year is important, as admission to the Finance major might have specific GPA requirements.

Graduate Admissions (MBA and MS Finance)

UDel offers both a Master of Business Administration (MBA) with a Finance concentration and a Master of Science (MS) in Finance. Admission to these programs requires a bachelor’s degree from an accredited institution. Specific requirements vary slightly between the programs.

MBA with a Finance Concentration: Applicants typically need a strong undergraduate GPA, competitive GMAT or GRE scores (check for waivers based on professional experience), letters of recommendation, a resume showcasing relevant work experience, and a compelling personal essay. The MBA program often seeks individuals with leadership potential and a demonstrated career progression.

MS in Finance: This program tends to be more quantitatively focused. A strong background in mathematics, statistics, and economics is highly desirable. Admission requirements usually include a solid undergraduate GPA, GMAT or GRE scores, letters of recommendation, a statement of purpose, and a resume. Prior experience in finance or a related field is beneficial but not always mandatory.

Regardless of the specific graduate program, successful applicants should clearly articulate their career goals and how UDel’s program will help them achieve those aspirations. They should highlight any relevant skills or experiences that demonstrate their potential for success in the finance industry. Research the faculty and specific courses offered within the program to demonstrate genuine interest and a well-informed decision.

For both undergraduate and graduate programs, it is crucial to carefully review the University of Delaware’s official admissions website for the most up-to-date requirements and deadlines. Contacting the admissions office with any questions is always a good idea.