Please click here for important information about how to prepare to apply to the finance major.
To begin the application process, click here.
When to Apply
The application is due on the last business day of June at 4:30 p.m. All prerequisites must be completed in order to apply.
We welcome applications from students finishing their sophomore and junior years, but we have observed that successful outcomes are more likely when students enter our program after their freshman year. Recruiting for finance internships happens quite early. We often see students accept offers in the spring of their sophomore year for an internship between their junior and senior years. Because recruiters are now interviewing and making offers to sophomores for junior internships, we advise students, where possible, to apply to the finance major after their freshman year.
How to Prepare
Students should also understand that admission to the major is competitive. In 2020, 398 applications were submitted for 230 seats. In order to assist students in preparing to apply, we offer the following guidance and counsel:
- Earn strong grades in the prerequisite courses (ACC 200, FIN 201, and ECON 110). Grades will be evaluated by assessing the following:
- Prerequisite grades:
- Performance in FIN 201 will be determined using posted university grades and input from course instructors.
- Prerequisite GPA in ACC 200, FIN 201, and ECON 110 (applications with competitive letter grades in at least two of these classes will be reviewed more favorably)
- Last 30-credit-hour GPA and BYU GPA (calculations will use the posted university grades)
- Prerequisite grades:
- Where a student’s schedule allows, take and earn high marks in one or more of the following courses: IS 110, STAT 121, MATH 118. This is especially important for students applying after their sophomore or junior year.
- Join and actively participate in the Finance Society.
- Register for FIN 180, also known as the Finance Recruiting Prep Series (FRPS). This class is designed for sophomores applying for the program as a junior, but is open to all pre-finance students.
- Attend at least one spring NetTrek.
- Complete an on-campus internship.
- Create a properly formatted and polished résumé.
- Secure a meaningful summer internship.
What Matters to the Admissions Committee
The admissions committee uses a holistic approach to assessing applicants. Broadly speaking, the admissions committee is looking to admit students with a high probability of achieving successful outcomes upon completion of the major. When assessing the probability of an applicant achieving a successful outcome, the committee values the following:
- Clear articulation of the applicant’s career and/or personal aspirations. Please note the admissions committee welcomes a broad array of professional and personal aspirations.
- Concise explanation of how a finance degree will assist in the applicant’s pursuit of her/his stated aspirations
- Evidence that the applicant understands the path that will lead the realization of their aspirations
- Evidence that the applicant is making progress towards achieving their aspirations
The admissions committee sees at least five broad categories in which applicants can demonstrate they are making progress towards achieving their aspirations:
- Academic performance (prerequisite GPA, BYU overall GPA, etc.)
- Personal attributes (communication skills, charisma, integrity, etc.)
- Professional experience (on-campus internships, off-campus internships, case competitions, etc.)
- Professional preparation (participation in the Finance Society, NetTreks, FIN 180, etc.)
- Other (compelling back story, leadership experience, overcoming hardship and adversity, etc.)
For more guidance regarding how to prepare to apply to the major, click here.