1. What is the objective of MS Finance program?
MS Finance at IBA is a postgraduate program designed to provide a solid theoretical as well as working knowledge of finance in a global context. This program is designed to prepare the graduates for the challenges in the global financial system by imparting comprehensive knowledge of finance and its multidisciplinary aspects.
2. What are the career prospects for MS Finance Degree holders?
Most students will start their careers in Corporate Banking, investment banking, hedge funds, consultancies, boutique finance firms, industry, regulatory bodies and central banking and policy roles. Some students will also continue onto PhDs.
3. What is the duration of MS Finance Program?
Minimum duration is 1.5 years and maximum duration is 4 years.
4. Can the program be pursued with the current job?
This is a full time program where most of the classes will be held in morning. However, students with jobs can manage their course load by opting for minimum number of courses and finish the program within 4 years, if their current occupation allows them to attend classes in morning.
5. Is there financial assistance available?
The program does not provide any financial waiver. However, there will be limited number of teaching / research assistantships available.
6. I do not have a business education degree. Can I apply for the program?
Yes! Students with non-business education background can apply for the program.
7. Is there a minimum eligibility criterion for the program?
A minimum of 16 years of education /equivalent degree in any discipline from a local or foreign institute recognized by the HEC, with a minimum CGPA of 2.5 out of 4- OR 60% marks in their last degree.
*8. I have cleared my GMAT/GRE international. Do I need to take the IBA test?
Following candidates are exempted from IBA admission test: Minimum score of 650 in the Quantitative GRE General, 160 in Quantitative section of Revised GRE General, OR 600 score in GMAT
9. I do not have any industry experience. Can I apply for the program?
Yes! Admission in MS in Finance does not require any prior industry experience.
*10. How should I prepare for the admission test?
Admission test difficulty level is similar to GRE General or GMAT exam. The test has three components:
- English Composition (MCQs)
- Mathematics (MCQs)
- Essay Writing
For further queries, please email: email@example.com.
*The IBA Karachi has decided to replace all its scheduled admission tests for undergraduate, graduate and postgraduate programs with Alternative Assessment Criteria due to the spread of Covid-19.