Finance MS

Major: Finance
Degree Awarded: Master of Science in Finance (MS)
Calendar Type: Quarter
Total Credit Hours: 45.0
Classification of Instructional Programs (CIP) code: 52.0304
Standard Occupational Classification (SOC) code: 11-3031

About the Program

The Master of Science in Finance is designed to develop skills to make important strategic financial decisions using data-driven insights. The program offers the option of pursuing a specialization in Strategic Finance and Risk, Corporate Finance, Investments, or FinTech. It is designed to prepare you for a wide range of careers, including those in business valuation, portfolio management, credit analysis, and the financial services industry. Course content is also aligned with sections of the Chartered Financial Analyst (CFA®) and Financial Risk Manager (FRM®) exams.

Additional Information

For more information about the program, please contact the Department of Finance.

Degree Requirements

Required Courses
BUSN 501Measuring and Maximizing Financial Performance3.0
or ACCT 510 Essentials of Financial Reporting
FIN 601Corporate Financial Management3.0
Students may choose (1) one of the following Specializations15.0
Strategic Finance and Risk
Comparative Financial Analysis
Select (4) four of the following:
Advanced Financial Management
Business Valuation
Risk Management
Investment Management
Corporate Governance
Mergers and Acquisitions
Seminar in Finance
Sustainability and Value Creation
Negotiations for Leaders
Corporate Finance
Advanced Financial Management
Select (4) four of the following:
Managerial Accounting
Corporate Governance
Environmental and Social Issues in Finance
Entrepreneurial Finance
Mergers and Acquisitions
International Financial Management
Comparative Financial Analysis
Seminar in Finance
Investments
Investment Management
Select (4) four of the following:
Financial Institutions & Markets
Risk Management
FinTech
Behavioral Finance
International Financial Management
Comparative Financial Analysis
Derivative Securities
Seminar in Investments
Statistics for Business Analytics
FinTech
FinTech
Select (4) four of the following:
Advanced Financial Management
Financial Institutions & Markets
Entrepreneurial Finance
Business Conditions and Forecasting
Comparative Financial Analysis
Python Programming for Business Applications
Datamining for Managers
Non-Specialization
Students who do not choose a Specialization can complete 39 credits in the following subject codes: Accounting (ACCT), Statistics (STAT), Economics (ECON), Finance (FIN), General Business (BUSN), International Business (INTB), Legal Studies (BLAW), Management (MGMT), Management Information Systems (MIS), Marketing (MKTG), Operations management (OPM), Operations Research (OPR), Organizational Behavior (ORGB), Production Operations Management (POM), Sport Management (SMT) or Taxation (TAX), with course number range between 600-799, and a maximum of fifteen (15) credits can be from outside the area of Finance (FIN)
Required Elective Courses 24.0
Students who selected a Specialization will select 24 credits in the following subject codes: Accounting (ACCT), Statistics (STAT), Economics (ECON), Finance (FIN), General Business (BUSN), International Business (INTB), Legal Studies (BLAW), Management (MGMT), Management Information Systems (MIS), Marketing (MKTG), Operations management (OPM), Operations Research (OPR), Organizational Behavior (ORGB), Production Operations Management (POM), Sport Management (SMT) or Taxation (TAX), with course number range between 600-799, and a maximum of fifteen (15) credits can be from outside the area of Finance (FIN)
Total Credits45.0

Sample Plan of Study

Sample Full-Time 

First Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
BUSN 501 or ACCT 5103.0FIN 6483.0FIN 6223.0VACATION
FIN 6013.0FIN 6493.0FIN 6263.0 
Elective Course3.0Elective Course3.0Elective Course 3.0 
 9 9 9 0
Second Year
FallCreditsWinterCredits  
FIN 6023.0FIN 6503.0  
FIN 6243.0FIN 7943.0  
Elective Course3.0Elective Course 3.0  
 9 9  
Total Credits 45

Sample Part-Time 

First Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
BUSN 501 or ACCT 5103.0FIN 6483.0FIN 6223.0VACATION
FIN 6013.0FIN 6493.0FIN 6263.0 
 6 6 6 0
Second Year
FallCreditsWinterCreditsSpringCreditsSummerCredits
FIN 6023.0FIN 6503.0Electives6.0VACATION
FIN 6243.0FIN 7943.0  
 6 6 6 0
Third Year
FallCreditsWinterCredits  
Electives6.0Elective3.0  
 6 3  
Total Credits 45

Note: Third Year Winter (Part-Time Plan of Study) is less than the 4.5-credit minimum required (considered half-time status) of graduate programs to be considered financial aid eligible. As a result, aid will not be disbursed to students this term.

Finance Faculty

David A. Becher, PhD (Pennsylvania State University) Department of Finance. Professor. Mergers and acquisitions, corporate governance, financial institutions.
Jie Cai, PhD (University of Iowa) Department of Finance. Associate Professor. Investment banking, mergers and acquisitions, corporate finance and corporate governance.
Naveen Daniel, PhD (Arizona State University). Associate Professor. Corporate governance, mutual funds, hedge funds.
Daniel Dorn, PhD (Columbia University) Department of Finance. Associate Professor. Capital markets and investments; behavioral finance.
Eliezer M. Fich, PhD (New York University) Department of Finance. Professor. Empirical topics in corporate finance.
Joseph Kalmenovitz, PhD (New York University). Assistant Professor. Financial regulation; corporate finance; law and economics; labor.
Michelle Lowry, PhD (University of Rochester) TD Bank Endowed Professor. Professor. Empirical corporate finance, including initial public offerings, mergers, and corporate governance
Edward Nelling, PhD, CFA (University of Pennsylvania-Wharton) Department Head. Professor. Investments; corporate finance; real estate finance.
Gregory Nini, PhD (The Wharton School, University of Pennsylvania). Assistant Professor. Creditor control rights, corporate governance, and firm value; insurance economics.
Patricia Robak, PhD (Lehigh University) Department of Finance. Clinical Professor. Investments, money and banking, international finance.
Diana Sandberg, MS (Drexel University). Associate Clinical Professor. Portfolio management, derivatives, investment management.
Bradford Sodowick, MBA, MD (University of Pennsylvania). Assistant Clinical Professor. Corporate finance, healthcare finance.
Samuel H. Szewczyk, PhD (Pennsylvania State University). Associate Professor. Corporate governance, mergers and acquisitions, financial engineering, investment banking, financial institutions.
Martin Thomas, PhD, CFA (Pennsylvania State University). Associate Clinical Professor. Data science; mutual fund performance; valuation methods.
George Tsetsekos, PhD (The University of Tennessee) Dean Emeritus, LeBow College of Business; Francis Professor of Finance. Professor. Valuation and corporate restructuring, treasury and risk/hedging operations, investment banking, securitization, emerging capital markets, multinational finance, bank asset-liability management.

Emeritus Faculty

Thomas Chi-Nan Chiang, PhD (The Pennsylvania State University) Marshall M. Austin Professor of Finance. Professor. International finance; time series analysis of financial data; econometric modeling & forecasting; financial markets; international risk management; monetary theory; macroeconomics; emerging markets; and global country funds.
Michael Gombola, PhD (University of South Carolina) Department Chair, Finance. Professor. Stock offerings and repurchases, mergers, acquisitions, and restructuring; working capital management, time series analysis; options and derivatives, financial statement analysis.
Ralph Walkling, PhD (University of Maryland) Stratakis Professor of Corporate Governance, Department of Finance. Professor Emeritus. Corporate governance, mergers and acquisitions.
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