We know the application process can take a lot of time and effort.

The Graduate Admissions team is here to help, feel free to email or call us with any questions. Below, you’ll find our admissions checklist—keep it handy and bookmark it in your browser.

Remember: You may submit one application per entry term, and you can check the status of an existing application at any time. The Graduate Admissions and Financial Aid Office keeps all records on file for one year. Once you’ve applied, we’ll begin the review process.

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Materials Submission Options
Online Application Form Online only
Application fee ($125)
Credit/debit cards only.
Online only at time of application submission. Credit/debit cards only.
Personal Statement Online only
Resume Online only
3 Letters of Recommendation Online preferred
University-Level Transcripts
Transcripts for any coursework completed, including study abroad and post graduate work.
Online preferred
GMAT and/or GRE Results
We accept either GMAT or GRE score reports for applications to the PhD program. BU’s codes vary by program, so please see the GMAT and GRE Code chart below for your degree. GRE Math Subject Test (Optional for PhD in Mathematical Finance applicants)
Electronic Preferred
Request Official Scores
Ph.D. in Mathematical Finance Prerequisite Form
Enter your prerequisite course information – for Ph.D. in Mathematical Finance applicants only.
Online only

Please note: our ability to process mailed application materials may be significantly delayed. Because of this, we encourage applicants to plan to also send electronic copies of all necessary documents to questromappdocs@bu.edu.

The Boston University Questrom School of Business Graduate Admissions Committee conducts a rigorous and holistic review of each application. Students admitted to our graduate degree programs must provide proof of an earned bachelor’s degree or equivalent international credential. Boston University does not require official transcripts with the submission of an application. Should a student decide to enroll at Boston University Questrom School of Business, official transcripts must be submitted and verified prior to the point of matriculation. We are an equal opportunity, affirmative action institution.

GRE and GMAT Codes

GMAT and GRE test scores are valid for 5 years and you should upload an unofficial copy with your online application. You can register for the GMAT exam at mba.com, and the GRE at ets.org. You may also wish to familiarize yourself with these tests by viewing free GMAT sample questions and practice tests, as well as free GRE preparation materials, though we do not endorse any particular prep source and encourage you to do your own research.

GMAT Codes

PhD in Management: P42-5K-06
PhD in Mathematical Finance: P42-5K-96

GRE Code

PhD Programs: 3087

Information for International Students


Candidates who have earned or will have completed at least two years of a bachelor’s or master’s degree at an institution in which the language of instruction was solely based in English are eligible for an automatic TOEFL/IELTS/PTE waiver. Candidates must present evidence of language of instruction with the application for admission. Appropriate documentation includes a transcript coversheet, an official statement from the university, or a link to the institution’s website that specifies that the mode of instruction is English. Additionally, candidates who have or will have worked for at least two years in a full-time, post-bachelor’s degree position in the US are eligible for an automatic waiver. If you do not meet this criteria but would like to be considered for a waiver, you can submit a written request highlighting your experience with and proficiency in the English language to mba@bu.edu prior to the submission of your application. The admissions committee will consider these requests on a case by case basis. If you are submitting test results with your application, please be advised that tests are valid for two years.

We are currently accepting Duolingo scores in addition to TOEFL and IELTS.

To access the Duolingo test, go to https://englishtest.duolingo.com/applicants.  Select Boston University Graduate & Professional Programs as a score recipient, and email questromappdocs@bu.edu with your name and the date you have taken the Duolingo test.

  • TOEFL: BU’s TOEFL code is 3087. Minimum Scores of 600 on the PBT or 90 on the iBT are recommended.
  • IELTS: Competitive applicants typically score a minimum of 6.5 on each band.
  • PTE: As more candidates submit the PTE, we are developing updated standards for our requirements. As new information becomes available, it will be posted here.
  • Duolingo: A minimum score of 110 is recommended.


We require that applicants hold a four-year bachelor’s degree from an accredited US institution or its international equivalent. If you have earned a three-year degree that is the equivalent of a four-year degree in the US, it will be accepted in the admissions process. For example, if you earned a three-year degree in India, your degree will qualify you to be considered for admission. Regardless of program length, if you are uncertain whether your undergraduate degree meets our qualifications, please contact mba@bu.edu before starting the application process.