Graduate Degree

Finance - Master of Science

Program:
Finance - Master of Science
Plan Code:
FINANCE_MS
Program Level:
Graduate
Award Type:
Master of Science
College:
Eli Broad College of Business
Department:
Finance


Excerpt from the official Academic Programs Catalog:

Listed below are the approved requirements for the program from the official Academic Programs Catalog.
Students must consult their advisors to learn which specific requirements apply to their degree programs.


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

Department of Finance

Graduate Study
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. The following course (3 credits):
FI 801 Managerial Finance 3
Students who pass a departmental waiver examination for Finance 801 will not be required to complete it.
2. Complete all of the following courses (9 credits):
FI 844 Corporate Financial Strategies 3
FI 850 Introduction to Investments 3
FI 860 Multinational Corporate Finance 3
Students may substitute FI 414 for FI 844.
3. Complete at least 18 credits of courses in finance or fields related to finance, including other business disciplines such as economics, statistics, and mathematics. Courses outside the Department of Finance must be approved by the Director of the Program. At least 9 credits must be at the 800-level or above, and at least 9 credits should be in Finance. The available finance courses are listed below:
FI 413 Management of Financial Institutions 3
FI 812 Advanced Investments 3
FI 824 Deep Learning and Neural Networks in Finance 3
FI 826 Financial Technology 3
FI 845 Financial Modeling and Simulation I 3
FI 852 Financial Derivatives I 3
FI 853 Debt and Money Instruments and Markets 3
FI 857 Security Analysis and Portfolio Management 3
FI 858 Equity Portfolio Management 3
FI 859 Mergers and Acquisitions 3
FI 862 Public and Private Equity Valuation and Analysis 3
FI 869 Entrepreneurial Finance and Venture Capital 3
FI 872 Financial Data Analytics I 3
FI 875 Behavioral Finance I 3
FI 890 Independent Study 3
FI 891 Topics in Finance 3
Students may reenroll in a different topic of FI 891 for a maximum of 9 credits in the course.
Optional Concentrations
The department offers concentrations for students who wish to focus on a specific application area in the discipline. Concentrations are available to, but are not required of, any student enrolled in the Master of Science degree program in Finance. Courses completed to satisfy requirement 3. above may also be used to satisfy the requirements of a concentration. The concentration will be noted on the student's transcript.
Concentration in Corporate Finance
To earn a Master of Science degree in Finance with a corporate finance concentration, students must complete degree requirements 1., 2., and 3. above and the following:
1. All of the following courses (12 credits):
FI  845 Financial Modeling and Simulation 3
FI 853 Debt and Money Instruments and Markets  3
FI 857 Security Analysis and Portfolio Management 3
FI 859 Mergers and Acquisitions 3
2. One elective from the general electives list in requirement 3. above. 3
Concentration in Financial Technology
To earn a Master of Science degree in Finance with a financial technology concentration, students must complete degree requirements 1., 2., and 3. above and the following:
1. All of the following courses (9 credits):
FI 824 Deep Learning and Neural Networks in Finance  3
FI 826 Financial Technology 3
FI 872 Financial Data Analytics I 3
2. Two electives from the general electives list in requirement 3. above. 6
Concentration in Investment Banking
To earn a Master of Science degree in Finance with investment banking concentration, students must complete degree requirements 1., 2., and 3. above and the following:
1. All of the following courses (12 credits):
FI  857 Security Analysis and Portfolio Management  3
FI 858 Equity Portfolio Management 3
FI 859 Mergers and Acquisitions 3
FI  862 Public and Private Equity Valuation and Analysis 3
2. One elective from the general electives list in requirement 3. above. 3
Concentration in Asset Management
To earn a Master of Science degree in Finance with an asset management concentration, students must complete degree requirements 1., 2., and 3. above and the following:
1. All of the following courses (12 credits):
FI 812 Advanced Investments 3
FI  857 Security Analysis and Portfolio Management  3
FI  858 Equity Portfolio Management 3
FI  875 Behavioral Finance 3
2. One elective from the general electives list in requirement 3. above. 3
Concentration in Risk Management
To earn a Master of Science degree in Finance with a risk management concentration, students must complete degree requirements 1., 2., and 3. above and the following:
1. All of the following courses (9 credits):
FI  891 Topics in Finance 3
FI  852 Financial Derivatives  3
2. Additional topic in FI 891.  3
Students must consult the program director to learn which specific sections will meet this requirement.
3. Two electives from the general electives list in requirement 3. above. 6
Concentration in Commercial Banking
To earn a Master of Science degree in Finance with a commercial banking concentration, students must complete degree requirements 1., 2., and 3. above and the following:
1. All of the following courses (9 credits):
FI 413 Management of Financial Institutions 3
FI 853 Debt and Money Instruments and Markets 3
FI  891 Topics in Finance 3
2. Two electives from the general electives list in requirement 3. above. 6
3. Additional topic in FI 891. 3
Students must consult the program director to learn which specific sections will meet this requirement.


Academic Standards

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