What is the fee of registering for the TOEFL iBT Paper Edition?

Applicants who choose to take the TOEFL iBT Paper Edition must pay an amount of INR 16,900 for registering, which is the same for TOEFL iBT.

How many times is the TOEFL iBT Home Edition conducted in a month?

The TOEFL iBT Paper Edition is offered once or twice every month.

As the TOEFL iBT exam is conducted in two sessions, do I have to book two dates or one?

You need to schedule two appointments when you register: one at your neighbourhood testing facility and the other at your house.

In some places, why is the duration of the first session of TOEFL iBT Paper Edition written as three and half hours? What is the actual duration?

The test duration at a centre is three hours. An additional thirty minutes is allocated for test administration tasks, such as admitting examinees, allowing them to input identifying information, and managing test materials.

Are there any special requirements for the Speaking section of the TOEFL iBT Paper Edition?

As the Speaking section is conducted from home, please ensure that you have the required setup for both the equipment and environment before registering. You will get the details from the official website.

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Top Countries to Study Masters in Finance with Average TOEFL Scores

Top Countries to Study Masters in Finance with Average TOEFL iBT® Scores

Akanksha Tripathi

4 min read

Updated On January 15, 2025

" Find out which countries are best for studying Masters in Finance and the average TOEFL score requirements for admission."

Key Highlights

Top Countries to Study Masters in Finance with Average TOEFL Scores
Top 10 Universities in USA to Study Masters in Finance with TOEFL Scores
Top 10 Universities in UK to Study Masters in Finance with TOEFL Scores
Top 10 Universities in Canada to Study Masters in Finance with TOEFL Scores
Top 10 Universities in Australia to Study Masters in Finance with TOEFL Scores
Top 10 Universities in France to Study Masters in Finance with TOEFL Scores

Finance is one of the most sought-after fields for international students looking to build successful careers in investment banking, risk management, and more. With the growing demand for financial expertise worldwide, a Master's in Finance equips you with the skills and knowledge to excel in this dynamic industry.

For international students, TOEFL iBT® scores are essential for admission to universities in English-speaking countries. Let’s explore the top countries offering Masters in Finance, along with their average TOEFL score requirements, key specialisations, and reasons to choose each destination.

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Top Countries to Study Masters in Finance with Average TOEFL Scores

Here are the top countries to study Masters in Finance with their average TOEFL scores, specialisations, and key reasons to choose each:

Country	Average TOEFL Score Requirement	Specialisations	Why Choose This Country?
USA	79-104	Corporate Finance, Investment Banking, Financial Engineering, Risk Management, Quantitative Finance	USA offers some of the world’s top-ranked universities with cutting-edge research and a diverse range of specialisations. Its robust financial sector, especially in cities like New York, provides excellent career opportunities for finance graduates.
UK	90-110	Financial Management, Investment Analysis, Risk and Treasury Management, Corporate Finance	Known for its strong financial industry centred in London, the UK offers prestigious universities with a focus on global financial markets. Students benefit from exposure to leading financial institutions.
Canada	86 - 100	Financial Risk Management, Corporate Finance, Investment Banking, Economics and Finance	Canada boasts high-quality education with a balanced emphasis on theory and practical experience. The financial services industry, especially in Toronto, offers abundant job prospects post-graduation.
Australia	79-95	International Finance, Financial Planning, Risk Management, Investment Management	Australia provides a comprehensive finance curriculum with a focus on global financial systems. The country’s growing financial sector offers ample job opportunities in major financial hubs like Sydney and Melbourne.
France	70-100	International Finance, Corporate Finance, Financial Engineering, Asset Management	With its growing position in the European financial market, France offers high-quality education in finance. Cities like Paris provide significant networking opportunities with global financial institutions.

So, these were the average TOEFL scores for the top countries to study Masters in Finance. Now, let's take a look at the top 10 universities in each of these countries along with their TOEFL score requirements.

Top 10 Universities in USA to Study Masters in Finance with TOEFL Scores

Here are the top 10 universities in the USA to study Masters in Finance with their required TOEFL scores:

Universities in USA	TOEFL iBT® Score Requirement
University of Texas at Austin	79
Columbia University	100
Massachusetts Institute of Technology	90
University of Illinois Urbana-Champaign	103
Boston University	95
University of California, Berkeley	90
Georgia Institute of Technology	90
University of Pennsylvania	100
University of Southern California	90
University of Chicago	104

Check out - TOEFL iBT® Score Requirements for USA Study Visa

Top 10 Universities in UK to Study Masters in Finance with TOEFL Scores

Here are the top 10 universities in the UK to study Masters in Finance with their required TOEFL scores:

Universities in UK	TOEFL iBT® Score Requirement
University of Cambridge	110
University of Edinburgh	100
University of Oxford	110
University of Warwick	100
Imperial College London	100
University of Manchester	100
IE Business School	100
King's College London	100
University College London	96
The University of Glasgow	90

Check out - Minimum TOEFL iBT® Test Score for UK Student Visa

Top 10 Universities in Canada to Study Masters in Finance with TOEFL Scores

Here are the top 10 universities in Canada to study Masters in Finance with their required TOEFL scores:

Universities in Canada	TOEFL iBT® Score Requirement
University of Toronto	100
University of British Columbia	100
McGill University	86
University of Waterloo	90
McMaster University	92
University of Western Ontario	100
University of Calgary	86
Simon Fraser University	90
University of Ottawa	100
Queen's University	95

Check out - Minimum TOEFL iBT® Score for Canada Student Visa

Top 10 Universities in Australia to Study Masters in Finance with TOEFL Scores

Here are the top 10 universities in Australia to study Masters in Finance with their required TOEFL scores:

Universities in Australia	TOEFL iBT® Score Requirement
Australian National University	80
University of Queensland	87
University of Melbourne	94
University of New South Wales	94
University of Adelaide	79
University of Sydney	96
Monash University	79
Curtin University	68
Deakin University	79
Macquarie University	94

Check out - MS Colleges & Universities Abroad Accepting TOEFL iBT® Scores in 2025

Top 10 Universities in France to Study Masters in Finance with TOEFL Scores

Here are the top 10 universities in France to study Masters in Finance with their required TOEFL scores:

Universities in France	TOEFL iBT® Score Requirement
SKEMA Business School	71
Emlyon Business School	90
Audencia Business School	84
ESCP Business School	90
HEC Paris	100
NEOMA Business School	85
ESSCA School of Management	85
EDHEC Business School	92
Montpellier Business School	88
The Paris School of Business	82

I hope this blog has provided valuable insights into the top countries for pursuing a Master's in Finance along with their average TOEFL score requirements. Choosing the right country and university is an important step in your academic journey. Best of luck as you take the next step towards advancing your career in finance!

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