Academic Programs Catalog

The Eli Broad College of Business and The Eli Broad Graduate School of Management

Graduate Study

The Department of Finance offers a Master of Business Administration degree program with a concentration in Finance. For information about that program, refer to the Master of Business Administration statement in the Broad College section.

The department also offers a Master of Science degree program in Finance.  That program is described below.

In addition, the department offers a Doctor of Philosophy degree program with a major in Finance.  For information about that program, refer to the Doctor of Philosophy statement in the Broad College section.

 


Finance - Master of Science

The Master of Science degree with a major in finance provides graduate-level financial training to individuals with career experience and an undergraduate degree in finance or a related field. The program is only available under Plan B (without thesis). The curriculum is flexible and allows students to choose courses that will meet their specific professional needs. Courses are offered in all of the major areas of finance including financial management, financial institutions, investments, and international finance.

Admission

To be considered for admission to the Master of Science degree in Finance an applicant must:

  1. Submit to the Department of Finance a completed application packet that is available from the department.
  2. Have an undergraduate degree from a recognized educational institution.
  3. Have at least two-years of full-time work experience after earning the bachelor’s degree.

Admission to the program is competitive and is based on the applicant’s overall record. Although not required, it is recommended that students take either the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE) General Test. Strong scores on these tests raise the likelihood of admission. International students must take the Test of English as a Foreign Language (TOEFL).

In addition to meeting the requirements of the university and The Eli Broad College of Business and Graduate School of Management, students must meet the requirements specified below.

Requirements for the Master of Science Degree in Finance

The program is available under Plan B (without thesis). A total of 30 credits are required for the degree. The student’s program of study must be approved the program director.

               
1. Complete one of the following courses: (3 credits):  
  FI 801 Managerial Finance 3
  FI 980 Theory of Finance 3
  Students who pass a departmental waiver examination for Finance  
  801 or 980 will not be required to complete Finance 801 or 980.  
2. Complete at least 15 credits of 800-900 level courses offered by the Department of Finance.  
3. Complete at least 12 credits of courses in finance or in fields related to finance including other business disciplines, economics, statistics,  and mathematics. At least 6 credits must be at the 800-level or above.  
4. Pass a final certifying examination on the course work.  

Academic Standards

Students must maintain a cumulative grade-point average of at least 3.25 in all graduate courses.