Applying 101

Before we can consider you for admission, a complete application is needed.

Your application will be considered complete when we've received all the below—click each for details:

GMAT/GRE test scores

We accept the GMAT or GRE on an equal basis. Test scores are valid for five years. Apply before your score expires.

There is no required minimum GMAT or GRE score.

An unofficial score report is needed for us to evaluate your application. If you’re offered admission, you’ll need to send an official score report immediately. If you already know you'll apply to Iowa before you take the test, on test day, select the University of Iowa Master of Finance program to receive a copy of your score. 

To send us your score report after the fact, go to for GMAT score reports or the ETS Score Reporting site for GRE. Our GMAT code is 4RL-2J-46. Our GRE code is 6681.

GMAT/GRE waivers

If you are an Undergraduate to Graduate applicant, you meet the criteria for a GMAT/GRE waiver. Learn more about our U2G program.

English requirements & waivers

A TOEFL or IELTS score is required of all international applicants whose first language is not English.

Minimum TOEFL scores are 100 iBT, 600 CBT, and 7.0 IELTS with no sub-score below 6.0.

Even if English is your second language, you can be waived from the TOEFL/IELTS if you completed a bachelor's or higher from an accredited university in the United States, United Kingdom, Ireland, Canada (excluding French Quebec), Africa (English speaking), Australia, or New Zealand.

TOEFL and IELTS scores are good for two years; your application must be submitted before the score expires. If you are admitted, an official TOEFL/IELTS report will be required. Send TOEFL & IELTS scores to the University of Iowa, institutional code 6681.

The online application

Start at You'll need to create an account even if you've applied to the University of Iowa before. Our application system operates separately from the university's.

When selecting the program type, choose "Specialty Master's." In the next question, select "Master of Finance." If you have an email address, please use it when creating your account. This will make it easier for us to locate your academic records.

The application fee is $60 for domestic candidates and U.S. permanent residents, and $100 for international applicants.


You’ll be asked to upload your resume when you apply. It’s required in order to submit your application.

A complete resume includes information about your employment (if applicable), education, extracurriculars, and community activities. Be sure it’s complete without unexplained gaps in the chronological history. Above all, it should be accurate. Your resume should be no more than two single-sided pages. We prefer chronological format resumes; functional or skills-based resumes are not recommended.

Statement of purpose

In 500 words or less, tell us why you want to earn a Master of Finance degree at Tippie. You'll upload this statement in the online application. Acceptable file types are DOC/DOCX (MS Word) and PDF.

Academic transcripts

Unofficial transcripts are good enough for us to make an admissions decision. If you don’t have a copy or can’t get one, ask your institution to send official transcripts to us. If you're admitted, we'll need your official transcripts sent before your admission can be finalized.

Sending your documents

Official documents, like transcripts and test scores, should be mailed to:

Office of Admissions
The University of Iowa
108 Calvin Hall
Iowa City, IA 52242-1396 USA


We require two recommenders to complete an online applicant evaluation. Choose people who can assess your potential for success in academics and a finance career. Ideally, your recommenders will know you from a former or current job or be former/current instructors of yours.

In the application, you’ll be asked for contact information/emails for your recommenders, who will get an email with instructions to fill out a quick online evaluation about you, the applicant.

Following up with recommenders is your responsibility. Check the status of your recommendations by logging into the application portal. You can resend the recommender email there, too—just click Resend Email in the Recommendations section.

Your recommenders should complete the evaluation within one week of the application deadline.