Frequently Asked Questions

The Frequently Asked Questions (FAQs) below will provide answers to most of the common questions that we receive about the UConn MS in Financial Technology (FinTech) Program. Contact us with additional questions at fintech@uconn.edu.

General FAQs

What degree will I earn at the end of the program?

Students earn a Masters of Science in Financial Technology from the University of Connecticut School of Business.

What is the average amount of work experience MS FinTech applicants have?

Since Spring of 2022 will be our first admission, we cannot officially report an average amount of work experience for this program. No work experience is required for admission and this program is a viable option for recent graduates.

What time of day are classes offered?

Initially, classes will be offered primarily in the evening.

How many students are in the program?

The Spring 2022 inaugural admission is planned for 20 students.

How long does it take to complete the program?

Most students will complete the program in about 2 years. Since the program allows students to study full or part-time the duration will vary.

Is there a maximum number of classes I can take each semester?

While there is not a maximum, several courses require sequential prerequisites. Our advising team will be available to guide your program planning.

Are international students eligible for the MS FinTech program?

Yes, pursuant to current U.S. immigration regulations. The MS FinTech is a STEM designated program.

Do students intern while pursuing their degrees?

There is not an internship requirement. However, one of the advantages of the program is UConn’s relationship to a variety of organizations that often seek out our students for internship opportunities.

Admissions

When should applicants expect an admissions decision?

Applications are reviewed on a rolling basis throughout the year. The sooner you apply, the sooner you will receive a response. Average response time is a month from the date of submission.

How are students notified about their admission decision?

An email is sent letting you know a decision has been made on your application.  You will need to log into your status page to receive the actual decision letter.

What semester can I apply for?

Spring, Summer or Fall 2022

Is there an application deadline?

Yes, we have specific deadlines every year. Please be sure to verify the deadline for the semester you are applying for. More information

Is there a GPA requirement?

The graduate school requirement is a cumulative grade point average of 3.0 for your entire undergraduate year or for your last two undergraduate years.

Is there a minimum work experience requirement?

No.

Academic Requirements

How many courses are required to graduate?

The degree requires 13 courses, eight of which are core courses and five of which are electives.

Is there a maximum time limit to complete the program?

Yes, you must complete the program within six years. In addition, international students may have a faster completion time requirement pursuant to U.S. immigration regulations.

Are there any prerequisite courses for the FinTech program?

Completion of a one-semester college-level calculus or statistics course with a grade of “C” or better.

Application

Is the GMAT/GRE required?

Yes, unless you meet waiver requirements. Waiver Request Document

What documents are required with my application?

You must complete an online application and upload your unofficial transcript(s), personal essay, and resume.

Do I need my official transcript for the application?

No, you only need to upload your unofficial copy of your transcript into the online application. If you are admitted, you will be prompted to furnish your official transcript which must be submitted directly from your previous institution(s). (Please note that UConn undergraduates will not be required to submit their official transcripts upon matriculation but will still be required to send their unofficial transcripts when applying).

Is a test of English required?

If your native language is not English, you may be required to submit evidence of your proficiency in the English language. Please visit the Graduate School website where the policy is outlined in more detail - https://grad.uconn.edu/admissions/requirements/

Can I save my application and return to it later to finish?

You will be prompted to create login credentials to access the application and complete it at your own pace. Please be sure your completed application is submitted before the deadline.

Cost and Fees

Is there a cost differential between in state and out-of-state students?

There is no difference in costs.

Is there a cost differential if I take winter or summer courses?

No, all semesters/sessions carry the same cost per tuition credit.

Does tuition need to be paid in full upfront?

Our tuition is set up on a per-credit basis. Therefore, you will pay tuition each semester based on the number of credits you are taking that semester. Payment plans are available for the fall and spring semesters. You can learn more about payment plan options here: https://bursar.uconn.edu/payment-plan/

Is financial aid or scholarships available?

We do not offer any scholarships for new students. However, once you are a current student in the program, you will be notified of any scholarships that may become available to apply for the individual awards.

Financial assistance may be available to matriculated students in a degree-seeking program. If you have questions, please contact the Financial Aid office directly. You can visit their website for more information: https://financialaid.uconn.edu, or contact them at financialaid@uconn.edu

Are there Military/Veteran Benefits available?

Yes - To find out if you qualify for the Veteran’s Waivers and/or benefits, please contact UConn Veterans Affairs and Military Programs. MS FinTech students may contact Rob Passmore at (robert.passmore@uconn.edu) in the Veterans Affairs and Military Programs office.

Is there an application fee?

Yes, there is a $75 non-refundable application fee required when you submit your application.

Is there an acceptance deposit?

Students who are accepted to the program and seek to confirm their intention to enroll must pay a non-refundable acceptance deposit of $500.