The MBA Major in Finance equips students with the analytical and theoretical tools needed to address practical financial challenges. This program applies these skills to financial management in businesses, financial institutions, government bodies, and non-profit organizations. While courses cover descriptive, institutional, and historical aspects of finance, the focus is on analytical theory and methods, utilizing economic analysis, mathematics, and statistics. Students begin with core Finance courses (FNCE 6110 and FNCE 6130) before selecting electives to tailor their studies to their specific interests and career goals. It is recommended to complete the core corporate finance requirement early as it is a prerequisite for advanced Finance courses.
The Finance major requires six credit units (c.u.). All students must complete two core Finance courses: FNCE 6110 (Corporate Finance) and FNCE 6130 (Macroeconomics and the Global Economic Environment), unless they receive approval to substitute an upper-level Finance course. Students with a strong background in Corporate Finance may apply to substitute FNCE 6110 with another upper-level finance course. Those who have completed an intermediate macroeconomics course with a grade of B+ or higher may apply to substitute FNCE 6130 with one of three specified upper-level Finance courses: FNCE 7190 (International Financial Markets and Cryptocurrencies), FNCE 7320 (International Banking), or FNCE 7400 (Central Banks, Macroeconomic Policy, and Financial Markets).
In addition to tuition, a General Fee of $2,134 per term and a Clinical Fee of $385 per term are assessed. The General Fee funds non-instructional student support services, while the Clinical Fee supports Penn Wellness services. The total estimated fees per term are $44,171, with a degree total of $88,342.
The estimated tuition for the degree is $83,304, with additional fees bringing the total estimated cost to $88,342. These figures are based on Fall 2026 - Spring 2027 rates and are subject to change.
The Finance major requires six credit units (c.u.). This includes two core Finance courses and four upper-level Finance electives.
The core courses are FNCE 6110 (Corporate Finance) and FNCE 6130 (Macroeconomics and the Global Economic Environment), unless an approved substitution is granted.
Yes, students with a strong background in Corporate Finance may apply to substitute FNCE 6110. Those who have completed an intermediate macroeconomics course with a grade of B+ or higher may apply to substitute FNCE 6130 with specific upper-level Finance courses.
You should apply directly to the specific MBA program at the University of Pennsylvania. Contact the Finance Department or MBA program admissions for detailed instructions, deadlines, and requirements, and submit your application through their specific procedures.
The Finance major equips students with analytical tools for dynamic financial environments, preparing them for roles in financial management within businesses, institutions, government, and non-profits. Students are advised against excessive specialization to ensure broader applicability.