Master of Finance, Plan C (M.Fin.)
Program Overview
Master of Finance, Plan C (M.Fin.)
The Master of Finance, Plan C (M.Fin.) is a highly quantitative, 30-credit program that provides a comprehensive study of the principles, processes, and practices of modern finance. This includes investment analysis, portfolio management, financial management, and risk management.
Program Overview
The program covers content required for the Chartered Finance Analyst (CFA) and Financial Risk Manager (FRM) exams and provides a good foundation for students who want to further their education beyond the master's program. This degree program is designated as a science, technology, engineering, and math (STEM) field, allowing international students the opportunity to receive a visa extension after completing their degree.
Learning Objectives
Students will demonstrate the ability to:
- Describe the function and structure of securities markets and financial intermediaries in a global economic environment.
- Estimate the value and equilibrium rates of return to domestic and international equity and debt claims via models of cash flow and relative value.
- Describe and analyze the use of derivative instruments in managing risks to equity, debt, and currencies in domestic and international markets.
- Describe, estimate, and interpret statistical models of financial risk, returns, volatility, and firm value.
- Explain and demonstrate the concept of arbitrage in valuing firms, financial assets, and derivative instruments.
Employment Opportunities
Finance students are prepared for various careers in business, including:
- Commercial, mortgage, and investment banking
- Corporate finance
- Investments
- Portfolio management
- Financial analysis
- Securities analysis
- Loan analysis
- Risk management and insurance
- Stock brokerage
- Government banking and securities regulation
- Government finance
- Teaching and research
Program Requirements
The program consists of required courses and electives. Required courses include:
- FIN 600: Financial Management
- FIN 611: Financial Institutions Management
- FIN 625: Quantitative Methods in Finance
- FIN 655: Investments
- FIN 665: Derivative Securities and Analysis
- FIN 675: International Finance
Electives include a minimum of 12 credits from courses such as:
- FIN 530: Financial Modeling
- FIN 531: Advances in Financial Technology
- FIN 605: Enterprise Valuation
- FIN 613: Alternative Investments
- FIN 650: Behavioral Finance
- FIN 661: Advanced Portfolio Management
- REL 602: Real Estate Finance and Investments The program total is 30 credits.
Graduate Degree Procedures
The procedures for the Master's degree include:
- Application for admission
- Diagnostic examination when required
- Appointment of advisor
- Selection of graduate committee
- Filing of program of study
- Preliminary examination (for Ph.D. and PD)
- Report of preliminary examination
- Changes in committee
- Application for Graduation
- Submit thesis or dissertation to committee
- Final examination
- Report of final examination
- Submit a signed Thesis/Dissertation Submission Form
- Submit the thesis/dissertation electronically
- Graduation