The Master of Science in Commerce with a concentration in Financial Services or Marketing & Management is a one-year, 40-credit hour degree program. It is designed to help recent graduates integrate their strong foundation in the liberal arts, sciences, or engineering with concentrated studies in commerce. It encompasses a solid education on business fundamentals and international business topics, as well as a study-abroad component. The program exposes students to business fundamentals through three mandatory terms of study.
- Fall Term: Integrated Core Experience (ICE) emphasizes the development of strategic, behavioral, communication, and analytical skills that address real business problems and projects. (16 credits)
- Spring, Term I: Specialty Tracks helps students develop a functional area of expertise through focused coursework within their chosen track—either Financial Services or Marketing & Management. (13 credits)
- Spring, Term II: Global Immersion Experience (May–June) requires all students to participate in an global immersion and capstone experience at one of McIntire’s designated overseas locations with partner institutions. Students are required to complete one 4 credit-hour course on global business practices in the Global Immersion Experience Residency and one 5 credit-hour Global Immersion Experience Capstone Project course taught by a McIntire faculty member. The project aims to provide an integration of topics covered throughout the program in a global context. (11 credits)
Students must apply to one of the two specialty tracks (Financial Services or Marketing & Management) and will only be accepted into the track to which they apply. The track designation will appear on the student transcript. Any requested change of track after admission requires a re-evaluation of the student’s application by the admissions committee.
The program is designed for candidates who have graduated or will be graduating within 12 months prior to matriculation with a strong liberal arts, science, or engineering bachelor’s degree. Students who have an undergraduate major in business are ineligible to apply for the program. The following prerequisite UVa coursework or equivalents from other institutions must be completed prior to formal acceptance into the program. *
- Economics 2010: Principles of Economics: Microeconomics
- Commerce 2010: Introduction to Financial Accounting
- Introduction to Statistics **
*Full acceptance is contingent on completion of a four-year bachelor’s degree from an accredited institution and the applicant’s performance in the three prerequisite courses.
** UVa statistics courses that would qualify to serve as a pre-requisite are: STAT 1100, STAT 1120, STAT 2120, STAT 3710, MATH 3120, APMA 3120, and APMA 3110.
- Completed online application form, including all required documentation and $75 application fee
- Official transcript from all colleges and universities attended
- Official GMAT scores sent to the McIntire School of Commerce
- Official TOEFL or IELTS scores, if applicable, sent to the McIntire School of Commerce (McIntire requires a minimum TOEFL score of 250 computer/ 600 paper-based/ 100 iBT or higher, or an IELTS score of 7.5 to be competitive for admissions)
- Two letters of recommendation (at least one letter must be from a professor who is familiar with the student’s core academic performance.)
- If accepted, a non-refundable deposit of $500 will be required and is credited toward the first tuition payment. For more information or to access the online admissions services, please visit online or contact:
Office of Graduate Admissions
McIntire School of Commerce
Rouss & Robertson Halls, East Lawn
University of Virginia
P.O. Box 400173
Charlottesville, VA 22904-4173
(434) 243-4992 Toll-free (877) 349-2620
Grades are awarded only to those students who are registered for, and who complete a course for, credit. All courses are on a credit basis only. The letter grade symbols used for grading graduate students in the Commerce program are: A+, A, A-, B+, B, B-, C, D, F. Students are required to maintain a GPA of 3.00 to remain in the program and graduate. Student performance may be evaluated periodically by the faculty. At these points of evaluation, students found not to be in good academic standing, may be placed on academic probation or if already on probation will be dismissed from the program. In addition, a student who earns six credits of sub-standard performance (C or lower) is placed on academic probation; a probationary student who earns one additional grade of C or lower is dismissed from the program. A student, who receives a grade of F (non-performance) in any course, is automatically dismissed from the program.
Audit Graduate and undergraduate Commerce courses may not be taken on an audit (i.e. credit awarded on transcript without a grade) basis. Students who wish to further their study of a particular subject beyond required program courses must receive advance permission from the course instructor and program director.
Employment and other Extracurricular Activities
Students may not engage in employment or other extracurricular activities in excess of what is compatible with a full-time commitment to the study of commerce. No full-time student may be employed for more than 20 hours per week or receive financial compensation or financial award for activities requiring more than 20 hours per week.
Leave of Absence and Time to Degree Completion
Due to the lockstep, cohort nature of the M.S. Commerce program, permission to take a leave of absence is granted only in rare circumstances. A student who takes a leave of absence in the middle of a semester must start that semester from the beginning when he or she returns. Additionally, students who take a leave of absence must complete the entire program within two years of their initial matriculation date.
Requests for a leave of absence should be made in writing to the Associate Dean for Graduate Programs and cannot exceed one calendar year. If a student plans to return to the M.S. in Commerce program, written notification must be sent to the Associate Dean for Graduate Programs at least three months prior to the beginning of the semester when a student plans to re-enroll in the program. The Associate Dean and Academic Program Director will determine how the student’s remaining academic requirements will be met and communicate that information to the student prior to returning from a leave of absence.
Global Immersion Attendance Policy
The program attendance policy described earlier applies to all McIntire graduate programs. Though beyond our on-Grounds classrooms, all students are expected to fully participate in this program’s 11-credit hour global immersion term. Participation constitutes travel to McIntire’s partner universities and completion of all associated course work. Exceptions to this requirement are very rare and require the approval of the Program Director and Global Immersion Experience Program Director. Requests for exceptions must be made in writing to the Program Director as far in advance of the scheduled global immersion term as possible.
Obtaining all required visas and travel documents is the student’s responsibility. Failure to obtain proper documents may result in inability to complete required study abroad coursework, and degree requirements.
Integrated Core Experience
Marketing & Management Track
Global Immersion Experience Term