The Graduate School at Penn State

Penn State Graduate School Penn State Penn State Graduate School

Finance (FINAN)
Great Valley
School of Graduate Professional Studies

Finance – Admissions Data

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
Applications 160 176 111 105 84 79 50 53 53 56
Offers (% selectivity) 108 (68%) 47 (27%) 48 (43%) 33 (31%) 31 (37%) 37 (47%) 20 (40%) 17 (32%) 24 (45%) 27 (48%)
Accepts (% yield) 40 (37%) 27 (57%) 26 (54%) 21 (64%) 21 (68%) 18 (49%) 8 (40%) 9 (53%) 10 (42%) 3 (11%)


Finance – Average GRE Scores for New Enrollees*

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
Analytical (P) - - - - - - - - - -
Verbal (P) 151.60 (51%)
n=10
149.80 (45%)
n=5
c 148.40 (40%)
n=5
c 150.40 (49%)
n=5
c c - -
Quantitative (P) 160.90 (76%)
n=10
163.00 (82%)
n=5
c 158.20 (66%)
n=5
c 160.60 (74%)
n=5
c c - -
Analyt Writing (P) 3.60 (39%)
n=10
3.30 (28%)
n=5
c 3.30 (30%)
n=5
c 3.30 (33%)
n=5
c c - -

*GRE tests taken on or after August 1st, 2011 are scored according the following scale:
    Verbal Reasoning: 130 - 170, 1 point increments
    Quantitative Reasoning: 130 - 170, 1 point increments
    Analytical Writing: 0 - 6, half point increments
  For tests taken prior to August 1st, 2011, scores were converted to the new scale accordingly.
P = Percentile Ranking
c = data not displayed because n is too small to protect confidentiality of the student data
"-" indicates n=0


Finance – Average GMAT Scores for New Enrollees

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
Total (P) * 624.58 (68%)
n=24
633.88 (72%)
n=18
578.00 (54%)
n=10
603.00 (60%)
n=10
575.56 (49%)
n=9
c c c c -
Verbal (P) * 27.33 (47%)
n=24
29.05 (54%)
n=18
27.80 (50%)
n=10
26.00 (44%)
n=10
25.22 (42%)
n=9
c c c c -
Quantitative (P) * 47.50 (79%)
n=24
47.22 (80%)
n=18
41.30 (58%)
n=10
46.00 (70%)
n=10
44.11 (58%)
n=9
c c c c -
Analyt Writing (P) * 4.41 (39%)
n=24
4.26 (36%)
n=17
3.65 (28%)
n=10
4.44 (40%)
n=9
4.39 (36%)
n=9
c c c c -

*P = Percentile Ranking
c = data not displayed because n is too small to protect confidentiality of the student data
"-" indicates n=0


Finance – Jr/Sr GPA for New Enrollees

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
GPA 3.32
n=25
3.47
n=19
3.22
n=14
3.46
n=17
3.28
n=17
3.30
n=14
3.35
n=7
3.49
n=6
3.36
n=10
c

c = data not displayed because n is too small to protect confidentiality of the student data


Finance – Demographics for New Enrollees

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
Total New Enrl 33 25 14 17 17 14 7 6 10 3
Domestic 6 (18%) 6 (24%) 4 (29%) 5 (29%) 7 (41%) 5 (36%) 3 (43%) 2 (33%) 3 (30%) c
  Total URM * - - - - 1 (6%) - - - - c
    Black/Afr. Amer. - - - - - - - - - c
    Am. Ind./AK Native - - - - - - - - - c
    Hawaiian/Pac. Is. - - - - - - - - - c
    Hispanic/Latino - - - -   1 (6%) - - - - c
  Asian - - 2 (14%) 1 (6%) 2 (12%) 1 (7%) 1 (14%) 1 (17%) - c
  White 5 (15%) 6 (24%) 2 (14%) 3 (18%) 4 (24%) 4 (29%) 2 (29%) 1 (17%) 3 (30%) c
  Two or More - - - - - - - - - c
  Unknown 1 (3%) - - 1 (6%) - - - - - c
International 27 (82%) 19 (76%) 10 (71%) 12 (71%) 10 (59%) 9 (64%) 4 (57%) 4 (67%) 7 (70%) c

*URM: Underrepresented Minorities
Two or More: Applicant selected more than one race/ethnicity.
Unknown: Applicant chose not to disclose race/ethnicity information.
c = data not displayed because n is too small to protect confidentiality of the student data
"-" indicates n=0

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
Female 11 (33%) 12 (48%) 7 (50%) 6 (35%) 9 (53%) 6 (43%) 1 (14%) 2 (33%) 1 (10%) c
Male 22 (67%) 13 (52%) 7 (50%) 11 (65%) 8 (47%) 8 (57%) 6 (86%) 4 (67%) 9 (90%) c
Nonbinary or other legal identity - - - - - - - - - c
Total 33 25 14 17 17 14 7 6 10 3

c = data not displayed because n is too small to protect confidentiality of the student data
"-" indicates n=0


Finance – Total Enrollments by Degree

2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
MFIN 77 72 51 43 42 38 29 23 24 17


Finance – Total Enrollments by Demographic

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
Total Enrl 77 72 51 43 42 38 29 23 24 17
Domestic 34 (44%) 29 (40%) 25 (49%) 18 (42%) 20 (48%) 20 (53%) 17 (59%) 14 (61%) 12 (50%) 11 (65%)
  Total URM * 2 (3%) - 1 (2%) 1 (2%) 3 (7%) 2 (5%) - - - 2 (12%)
    Black/Afr. Amer.   2 (3%) - - - - - - - -   1 (6%)
    Am. Ind./AK Native - -   1 (2%)   1 (2%)   1 (2%) - - - - -
    Hawaiian/Pac. Is. - - - - - - - - - -
    Hispanic/Latino - - - -   2 (5%)   2 (5%) - - -   1 (6%)
  Asian 4 (5%) 1 (1%) 5 (10%) 3 (7%) 3 (7%) 5 (13%) 7 (24%) 4 (17%) 2 (8%) 2 (12%)
  White 23 (30%) 25 (35%) 19 (37%) 13 (30%) 13 (31%) 12 (32%) 9 (31%) 9 (39%) 9 (38%) 6 (35%)
  Two or More - - - - - - - - - -
  Unknown 5 (6%) 3 (4%) - 1 (2%) 1 (2%) 1 (3%) 1 (3%) 1 (4%) 1 (4%) 1 (6%)
International 43 (56%) 43 (60%) 26 (51%) 25 (58%) 22 (52%) 18 (47%) 12 (41%) 9 (39%) 12 (50%) 6 (35%)

*URM: Underrepresented Minorities
Two or More: Applicant selected more than one race/ethnicity.
Unknown: Applicant chose not to disclose race/ethnicity information.
"-" indicates n=0

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
Female 26 (34%) 23 (32%) 20 (39%) 19 (44%) 16 (38%) 15 (39%) 12 (41%) 12 (52%) 7 (29%) 4 (24%)
Male 51 (66%) 49 (68%) 31 (61%) 24 (56%) 26 (62%) 23 (61%) 17 (59%) 11 (48%) 17 (71%) 13 (76%)
Nonbinary or other legal identity - - - - - - - - - -
Total 77 72 51 43 42 38 29 23 24 17

"-" indicates n=0


Finance – Total Degrees Conferred by Degree

Total 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
MFIN 27 35 21 19 15 14 13 7 8 8

Finance – Median Time to Degree (years)

MFIN 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24
In Major/Degree * 1.4 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3
First Enrollment 1.7 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3
Number (n) n=27 n=35 n=21 n=19 n=15 n=14 n=13 n=7 n=8 n=8

*In Major/Degree: The median time to degree in graduating major and degree at Penn State.
First Enrollment: The median time to degree based on the first enrollment as a graduate student at Penn State.


Finance – Degree Completion, GV Campus

MFIN #Started 1 year 2 years 3 years 4 years 5 years 6 years 7 years 8 years 9 years Total Completed % Completed
2014/15 Cohort 38 28 4 2 - - - - - - 34 89%
2015/16 Cohort 34 20 4 2 1 - - - - 27 79%
2016/17 Cohort 19 13 1 2 - - - - 16 84%
2017/18 Cohort 18 12 - 2 - - - 14 78%
2018/19 Cohort 19 9 2 1 - - 12 63%
2019/20 Cohort 16 10 2 1 - 13 81%
2020/21 Cohort 10 4 2 1 7 70%
2021/22 Cohort 10 5 - 5 50%
2022/23 Cohort 13 7 7 54%
2023/24 Cohort 3

"-" indicates n=0

Logic for Program Review Metrics

(Last updated 7/16/2024)