An overview of tuition for the Penn State Smeal Master of Finance Program

Tuition for students in the Master of Finance (MFIN) program from the Penn State Smeal College of Business is determined by the University and is based on the graduate rate for students in the category of Business, EMS, Science, IST, and Engineering. Fall and spring semesters are billed on a per-semester rate.

A non-refundable deposit of $500 is required to accept an offer of admission to the MFIN program. This deposit will be credited toward your fall tuition payment.

2023-2024 Estimated Expenses
Expenses PA Resident Non-PA Resident
Fall Tuition 
(Full-Time Per Semester)
$13,292/semester $22,495/semester
Spring Tuition 
(Full-Time Per Semester)
$13,292/semester $22,495/semester
Student Fees $562 $562
  Estimated Total: $27,146 Estimated Total: $45,552

Tuition rates are set by the University in mid-summer and are subject to change. To calculate tuition using the current year’s information, please use the Penn State Tuition and College Cost Calculator.