DEPARTMENT OF FINANCE
All graduate programs in Finance are accredited by AACSB International—The Association to Advance Collegiate Schools of Business—and conform to recommended guidelines.
Master of Business Administration Degree – Finance Concentration
This concentration is designed to offer the opportunity for qualified graduate students to study business administration at the graduate level with an emphasis in finance. It particularly assists students in preparing for finance related careers in the business environment or for graduate study in finance at the doctoral level.
Students choosing to concentrate in finance must complete the 24 semester credit hours of courses containing the M.B.A. Core and 12 semester credit hours as follows:
| FIN 5633 | Investment Theory and Problems |
| 9 semester credit hours of graduate finance elective courses | |
Master of Business Administration Degree – Real Estate Finance Concentration
This concentration is designed to offer the opportunity for qualified graduate students to study business administration at the graduate level with an emphasis in real estate finance. It assists students in preparing for real estate careers in the business environment or for graduate study in real estate at the doctoral level.
Students choosing to concentrate in real estate finance must complete the 24 semester credit hours of courses containing the M.B.A. Core and 12 semester credit hours as follows:
| FIN 5413 | Real Estate Finance |
| FIN 5433 | Real Estate Investment |
| FIN 5453 | Real Estate Development |
| MOT 5243 | Essentials of Project and Program Management |
Master of Science Degree in Construction Science and Management
The Master of Science in Construction Science and Management (M.S.C.S.M.) is designed to offer the opportunity for intensive education in business administration and real estate finance and development to qualified graduate students.
Program Admission Requirements. For admission to the Master of Science in Construction Science and Management program, applicants must meet University-wide graduate admission requirements. Applicants are further considered on the basis of demonstrated potential for success in graduate study in construction science and management as indicated by a combination of prior academic achievement, Graduate Management Admission Test (GMAT) scores, personal statement, résumé (optional) and references (optional).
The M.S.C.S.M. Graduate Program Committee evaluates each applicant individually based on the complete package of submitted materials.
A complete application package will include:
- a completed application form
- transcripts from all universities attended
- official Graduate Management Admission Test (GMAT) scores
- a personal statement
- a current résumé with employment or other experience (optional)
- letters of reference (optional).
Students with non-construction science and management undergraduate degrees may be required to take additional undergraduate and graduate courses for removal of deficiencies, as determined by the Graduate Program Committee in Construction Science and Management. Such courses do not apply toward the degree.
Degree Requirements. Students must complete 33 semester credit hours and a comprehensive examination.
- 15 semester credit hours of foundations of knowledge courses:
ACC 5023 Accounting Analysis for Decision Making FIN 5023 Financial Management MGT 5043 Management and Behavior in Organizations MKT 5023 Marketing Management MS 5023 Decision Analysis and Production Management
- 15 semester credit hours of required courses:
CSM 5633 Advanced Construction Management FIN 5413 Real Estate Finance FIN 5433 Real Estate Investment FIN 5453 Real Estate Development FIN 6313 Modeling of Financial Decision Making
- 3 semester credit hours of elective coursework from the following list of courses, as approved by the Graduate Advisor of Record:
ARC 5303 International Practice CSM 5133 Construction Practice in a Global Setting CSM 5413 Advanced Topics in Construction Systems MOT 5243 Essentials of Project and Program Management
- Comprehensive Examination. All candidates must pass a comprehensive examination administered by the Graduate Program Committee in Construction Science and Management.
Master of Science Degree in Finance
The Master of Science degree in Finance (M.S.F.) provides an intensive education in various aspects of finance, including markets and institutions, corporate finance, international finance, financial modeling, and investments including derivative securities. Emphasis is on theoretical aspects of finance, developments in financial instruments and markets, and practical application tools and techniques. The program is designed to train students to be financial managers and analysts in corporations, banks, and investment institutions. It also provides the opportunity for students to prepare to undertake specialized certification examinations and doctoral studies in finance. The program, including admission, is supervised by the Graduate Program Committee in Finance, which includes the Graduate Advisor in Finance. General requirements for completion of the program consist of nonfinance foundations of knowledge requirements, required finance courses, elective work, and a comprehensive examination.
Program Admission Requirements. For admission to the Master of Science degree in Finance program, applicants must meet University-wide graduate admission requirements. Applicants are further considered on the basis of demonstrated potential for success in graduate study in finance as indicated by a combination of prior academic achievement, Graduate Management Admission Test (GMAT) scores, personal statement, résumé (optional), and references (optional).
The M.S.F. Graduate Program Committee evaluates each applicant individually based on the complete package of submitted materials.
A complete application package will include:
- a completed application form
- transcripts from all universities attended
- official Graduate Management Admission Test (GMAT) scores
- a personal statement
- a current résumé with employment or other experience (optional)
- letters of reference (optional).
Students with nonfinance undergraduate degrees may be required to take additional undergraduate and graduate courses for removal of deficiencies, as determined by the Graduate Program Committee in Finance. Such courses do not apply toward the degree.
Degree Requirements. Students must complete 33 semester credit hours and a comprehensive examination.
Degree Options: Students seeking the M.S.F. degree may elect one of two options to complete the required 33 semester credit hours; M.S.F. General Option, or M.S.F. Real Estate Finance Concentration.
Master of Science Degree in Finance – General Option
Under M.S.F. General Option, students are required to complete 6 hours of M.S.F. foundations of knowledge courses, 9 hours of finance courses and 18 hours of elective courses as outlined below.
- 6 semester credit hours of foundations of knowledge courses:
ACC 5023 Accounting Analysis for Decision Making MS 5023 Decision Analysis and Production Management
- 9 semester credit hours of Finance courses:
FIN 5023 Financial Management FIN 5633 Investment Theory and Problems FIN 6313 Modeling of Financial Decision Making
- 18 semester credit hours of electives, at least 15 of which must be from the set of courses shown below. The Graduate Advisor in Finance must approve any electives chosen outside this set. The electives include:
ECO 5023 Managerial Economics FIN 5033 Cases in Financial Management FIN 5413 Real Estate Finance FIN 5433 Real Estate Investment FIN 5453 Real Estate Development FIN 5713 Financial Markets FIN 5723 Fixed Income Analysis FIN 5733 Banking and the Financial Services Industry FIN 5813 Corporate Valuation FIN 5833 International Financial Management FIN 5853 Entrepreneurial Business Finance FIN 5943 Financial Statement Analysis FIN 6213 Speculative Markets and Securities FIN 6223 Corporate Risk Management FIN 6943 Finance Internship FIN 6951-3 Independent Study FIN 6973 Special Problems
- Comprehensive Examination. All candidates must pass a comprehensive examination administered by the Graduate Program Committee in Finance.
Master of Science Degree in Finance – Real Estate Finance Concentration
This concentration is designed to offer the opportunity for qualified graduate students to study finance at the graduate level with an emphasis in real estate finance. It assists students in preparing for real estate careers in the field of finance or for graduate study in real estate at the doctoral level.
Students choosing to concentrate in real estate finance must complete the 6 semester credit hours containing the M.S.F. foundations of knowledge courses, the 21 semester credit hours of required courses, and 6 semester credit hours of electives.
- 6 semester credit hours of foundations of knowledge courses:
ACC 5023 Accounting Analysis for Decision Making MS 5023 Decision Analysis and Production Management
- 21 semester credit hours of required courses:
FIN 5023 Financial Management FIN 5413 Real Estate Finance FIN 5433 Real Estate Investment FIN 5453 Real Estate Development FIN 5633 Investment Theory and Problems FIN 6313 Modeling of Financial Decision Making MOT 5243 Essentials of Project and Program Management
- 6 semester credit hours of electives from the following set of courses or as approved by the advisor:
ECO 5023 Managerial Economics FIN 5033 Cases in Financial Management FIN 5713 Financial Markets FIN 5723 Fixed Income Analysis FIN 5733 Banking and the Financial Services Industry FIN 5813 Corporate Valuation FIN 5833 International Financial Management FIN 5853 Entrepreneurial Business Finance FIN 5943 Financial Statement Analysis FIN 6213 Speculative Markets and Securities FIN 6223 Corporate Risk Management FIN 6943 Finance Internship FIN 6951-3 Independent Study FIN 6973 Special Problems
- Comprehensive Examination. All candidates must pass a comprehensive examination administered by the Graduate Program Committee in Finance.
Doctor of Philosophy Degree in Business Administration with an Emphasis in Finance
The College of Business offers opportunities for advanced study and research leading to the Doctor of Philosophy degree in Business Administration with an emphasis in Finance. See page 73 of this catalog for a detailed description of the general requirements for the Doctoral degree. The Doctoral Studies Committee of the Department of Finance will advise students admitted to the program who pursue a Ph.D. in Business Administration with an emphasis in Finance.
To satisfy the Major Area Coursework for the finance emphasis, a student must complete:
- 12 semester credit hours from the following courses:
FIN 7013 Financial Theory FIN 7023 Corporate Finance FIN 7033 Valuation FIN 7043 Empirical Finance FIN 7113 International Financial Markets
- FIN 7201 Finance Research Colloquium
- Two directed electives:
FIN 7053 Topics in Financial Research FIN elective
