COVID-19 Graduate Admissions Update
Lehigh University stands ready to assist with graduate admissions updates including test waivers and extended deadlines.
MS in Financial Engineering Admissions
A complete application must be received by Graduate Programs Office by the listed deadlines in order to be considered for Fall 2020 admission. Deadlines that fall on a weekend or holiday are extended to the next business day.
Extended Application Deadlines
International Applicants: May 1
Domestic Students: July 15*
After July 15, applications will be considered on a rolling basis.
To apply for the MS in Financial Engineering Program, use Lehigh's online application system.
Please Note: This program is listed under Intercollegiate Programs, Financial Engineering in our application system.
The MS in Financial Engineering application essay should provide a summary of your career objectives and relevant work experience with reference to the chosen field of graduate study, and the leadership experience and skills you will bring to your peer group. The essay should not exceed two pages in length. This is your opportunity to set yourself apart from the other applicants, in your own words. The essay should be uploaded in the online application.
Your professional resume should list your education and professional achievements. Include your computing skills. The resume should be uploaded in the online application.
The GMAT or GRE test score submission is Optional* for MS in Financial Engineering (MSFE) applicants who have earned a non-business undergraduate degree from an accredited college or university with an overall undergraduate GPA of 3.3 or better and meet the following criteria:
- Have achieved a transcript documented letter grade of B or better in TWO (2) or more quantitative undergraduate courses. Undergraduate courses considered include, calculus, statistics and data analytics. Students must submit course descriptions/syllabi with their application for such coursework to be considered.
Applicants who choose not to submit a GMAT or GRE test score and who meet the criteria above will have their applications reviewed by the admissions committee but this is no guarantee of acceptance.
Applicants choosing not to submit test scores will receive one of three responses from the admissions committee –
- Acceptance into the MSFE program
- Request from the Admissions Committee for a GMAT or GRE test score submission
- Denied Admission into the MSFE Program
* “OPTIONAL” means it is at the discretion of the applicant whether they feel a GMAT or GRE test score submission strengthens their application.
GMAT scores will be accepted for evaluation as long as your official score is available through the testing service. Please indicate on your online application the date you are taking [or have taken] the GMAT.
GMAT test center, test information, and test preparation materials can be found by visiting the Graduate Management Admission Council ® [GMAC] website at www.mba.com.
Please use the proper program code shown below to have your official scores sent to Lehigh. Our office keeps GMAT scores on file for a period of five years. Official scores normally arrive at the Graduate Programs Office two weeks after the exam has been taken.
Program Code: 6ZB-FN-66
You may find a GRE test center, test information, and preparation materials by visiting the Educational Testing Service ® (ETS) website, www.ets.org/gre.
Lehigh’s institution code is number is 2365. The department code is 4102.
You must submit official transcripts from ALL universities attended, all post-secondary education including transfer credits. Official transcripts bear the signature of the university's registrar and the seal of the issuing institution. The official transcripts must be submitted to us in a sealed envelope and may not be opened by you. In addition, copies of transcripts should be uploaded to the online application.
Please mail official transcripts to:
Graduate Programs Office
College of Business
621 Taylor St.
Bethlehem, PA 18015
International applicants, in general, must have 16 years of formal education, including four years at the university level, to be considered for admission to the Lehigh MSAF program. Applicants should submit official English translations. If credentials do not record the awarding of the degree received, you must submit certified true copies of your diplomas. If credentials do not show the grading system used by the university, you must also submit a separate official statement from the university that gives this information.
International students who cannot provide the required documentation will have to supply a Course by Course Evaluation (fees for this service are the responsibility of the applicant). The National Association of Credential Evaluation Services, www.naces.org lists a number of accredited evaluation companies that can provide Course by Course Evaluations.
Applicants from China:
CollegeNet China Credential Service
Applicants from Chinese institutions may request and submit official transcripts directly through the graduate application. Requests are submitted and processed by CHESICC. A service fee of $12 is charged by CollegeNET.
After entering your college/institution in the educational history section of the graduate application, you will have the option to order official documents.
The processing time for the CHESICC documents is approximately 20 days.
When your CHESICC electronic documents are processed and received by Lehigh University, you will not need to send paper transcripts.
Questions should be directed to the Graduate Programs Office at email@example.com. Provide your full name, name of college/university and whether your application has been submitted or is in progress.
You will enter your recommenders' information through the online application. Once complete, a web link will automatically be emailed to the recommender. We accept letters of recommendation from graduates of the program (MSAF or MSFE). Letters from family members or friends will not be considered. Paper copies of letters of recommendation will not be accepted.
Applicants whose native language is not English are required to take the Test of English as a Foreign Language® or the International English Language Testing System exam. All international students must show proof of English Proficiency to be admitted to Lehigh.
An applicant's English proficiency test date may not be older than 2 years at the time of your application to the program. The Lehigh MS/PhD programs will continue to accept all versions of the TOEFL test as long as the scores come directly from the Educational Testing Service (ETS). Scores must be received directly from ETS to be considered official. Lehigh’s institution code number is: 2365. IELTS information can be found at ielts.org. Official test scores must be submitted from the testing agencies directly in order for this requirement to be satisfied.
|Lehigh University Graduate Admissions downloads IELTS scores that have been transmitted to our e-download account. Please contact your test center and request that your scores be sent to the following IELTS e-download account:|
| Lehigh University Graduate Admissions
27 Memorial Drive West
Bethlehem, PA 18015
|We will not accept paper IELTS test report forms.|
Recommended scores for the available versions are:
Internet-based TOEFL [iBT]—
Lehigh University will be accepting MyBest™ scores from ETS/TOEFL beginning August 2019.
IELTS: 7.0 band overall
Please note: These are minimum scores and do not guarantee admission into a program.
If an applicant has completed a baccalaureate or graduate degree or at least 2 years of full-time post-secondary education in the United States, United Kingdom, Australia or Canada, he or she may be exempt from the English proficiency requirement. The applicant is not exempt if the language of instruction is English in a non-English speaking country or if you have lived in an English-speaking country.
International students interested in applying for college-awarded financial aid will be required to pass a Lehigh University Test of Presentation and Speech Skills (TOPSS) test upon arrival at Lehigh. The College will use the new internet-based TOEFL [iBT] as a screening tool for the awarding of financial aid to international students. In order to be considered, you must achieve a speaking section score of 28, and a listening section score of 20. All awards are contingent upon passing the Lehigh TOPSS test. Information on the Lehigh University TOPSS test may be found at www.global.lehigh.edu/esl.
Please follow the instructions below to submit your video through CollegeNet:
- To submit a video, you must be logged in.
- You will receive a message that ApplyWeb.com wants to use your microphone and camera - click "Allow".
You may also receive a message from your browser - click "Allow".
- Please be prepared to answer the question: “Why do you look to pursue a degree in Financial Engineering?"
- When you are ready, Click "Record".
- Click "Stop Recording" when you are finished. You may now review the video and choose to save it or re-record your message.
- Click "Save Video" when you are satisfied with your video.
- Once you have approved of your video, you will be able to continue with your application.
All degree and non-degree students must submit a tuition enrollment deposit when accepting the offer of admission to secure a place in the class (Domestic students-$250/International students-$1,000). The deposit will be applied to tuition or other charges accrued. A student who does not matriculate forfeits the deposit.
Ready to apply?
Visit Lehigh's online application system.