Program Overview

Finance (M.S.)

The Master of Science in Finance program at Wayne State University is designed to provide students with a solid foundation in finance, preparing them for a variety of financial roles.

Admission Requirements

Admission to the Master of Science in Finance program is contingent upon admission to the Wayne State University Graduate School. In addition, applicants must meet the following requirements:

• GMAT (waiver possible with acceptable score on GRE, LSAT, or MCAT, or GPA of 3.3 or higher from an AACSB-accredited business program, or GPA of 3.3 or higher from a regionally accredited university, or minimum 3.0 GPA and at least three years of relevant professional experience, or passing level one of the CFA exams, or GPA of 3.0 or higher in a major in Engineering, Physics, or Mathematics)
• Overall undergraduate GPA of 2.75, with a 3.0 major GPA (on a 4.0 scale)
• Submit a copy of professional resume
• Three letters of recommendation from professors or employers

Program Requirements

The M.S. Finance program requires a total of 30 credit hours. Up to six transfer credits from previous equivalent graduate coursework can be applied to the degree. Students can pursue the M.S.F. full-time or part-time and must complete the program within six years. A minimum cumulative grade point average (GPA) of 3.0 or greater is required for graduation.

Foundation Requirements

Before progressing to the core courses, students should possess a solid foundation in finance, accounting, statistics, and mathematics, as comprised by the following set of courses:

• ACC 6000: Introduction to Accounting and Financial Reporting (3 credits)
• FIN 6005: Basics of Financial Management (3 credits)
• MAT 2010: Calculus I (4 credits)
• TIS 2300: Quantitative Methods I: Probability and Statistical Inference (3 credits)

Core

Core courses form the backbone of the M.S.F. program, providing general analytical methods and technical tools that can be applied to a variety of sub-specialties in finance.

• ACC 7100: Financial Accounting for Decision Making
• FIN 7000: Applied Financial Analysis
• FIN 7020: Corporate Financial Management
• FIN 7025: Quantitative Methods in Finance
• FIN 7035: Data Analytics in Finance
• FIN 7090: Money and Capital Markets
• FIN 7230: Investment Policies

Electives

Students must select three courses (9 credits) from the available elective courses:

• FIN 7030: Fixed Income Securities
• FIN 7040: Artificial Intelligence and Machine Learning for Finance
• FIN 7200: Startup Financing and Profitability
• FIN 7220: Advanced Managerial Finance
• FIN 7229: Corporate Valuation: Techniques, Models and Strategic Applications
• FIN 7250: Financial Technology
• FIN 7270: Entrepreneurs' Ecosystem
• FIN 7280: Entrepreneurial Finance and Venture Capital
• FIN 7290: Topics in Finance
• FIN 7340: Futures and Options
• FIN 7870: International Finance
• FIN 7890: Internship in Finance
• FIN 7900: Mergers and Acquisitions
• FIN 7990: Portfolio Management/Student Managed Investment Fund (SMIF)
• FIN 7995: Directed Study