Master of Science in Finance

The Master of Science in Finance develops quantitative and analytical skills demanded in today's competitive marketplace. The STEM-oriented curriculum integrates modeling, analytics, information technology, and quantitative methods into all of the finance courses. Students are able to personalize the curriculum by choosing appropriate elective courses that match their learning needs and areas of interest. Sample courses include:

  • Corporate Finance
  • Fintech
  • Investment & Portfolio Management
  • Wealth Management
  • International Finance
  • Financial Analytics
  • Psychology of Financial Markets
  • Sustainable Finance
  • Real Estate Investments

To obtain detailed program admission information, please reference the program brochure which can be requested by contacting Graduate Business Admissions at 305-284-2510, by email at msf@miami..edu, or by visiting the Miami Herbert Business School website.

Admission Requirements

Requirements for Admission

  • Completed application for admission submitted through BusinessCAS
  • A baccalaureate degree from an accredited institution
    • Official academic transcripts from all previously attended post-secondary institutions must be submitted directly to BusinessCAS.
    • International applicants must have their educational credentials from institutions outside of the United States verified by an approved international credentialing evaluation service such as World Education Services to confirm degree equivalency and GPA calculation.
  • Statement of purpose and short-essay responses to the career goal and program-related questions in BusinessCAS
  • A current resume outlining your professional and/or academic achievements.
  • At least one letter of recommendation is required.  Up to three may be submitted.  
  • Official GMAT (or GRE) score to be sent directly to the University of Miami Herbert Business School by using the relevant code below. GMAT/GRE waivers can be granted on a case-by-case basis. Should you wish to request a waiver, in your BusinessCAS application make sure to "opt-out" of submitting a test score. You will then need to upload a page summary of why you should be considered for a waiver.
    • GMAT Institution Code is 7NV-S1-00
    • GRE Institution Code is 5815
    • Between the GMAT and GRE, there is no preference between the two tests for specialized masters’ admissions.

  • An official TOEFL or IELTS score is required as proof of English proficiency for international applicants who did not receive a degree in the United States or a foreign country where English is the primary language. The following minimum score is required for admission to a graduate business degree program.
    • TOEFL - 94 or above Institution Code:  5815
    • IELTS - 7.0 or above Institution Code:  4861

If you do not yet have a GMAT or GRE score and/or TOEFL or IELTS score (international candidates only), you may complete and submit your application prior to taking the exam by indicating your approximate date within the Standardized Tests tab in the Academic History section. Select “Add Test Score” by the relevant test, then indicate that you have not yet taken the exam and add your estimated test date in the section provided.

We encourage candidates to upload unofficial transcripts and test scores (if required) with their BusinessCAS application in order to expedite the review of their file while official documents are processed.

QUESTIONS?

Connect with Miami Herbert Business School’s graduate enrollment advisors at (305) 284-2510, by email at mba@miami.edu, or visit the Miami Herbert Business School website.

Curriculum Requirements

The curriculum defines a common core of required courses (124 credits) and allows the selection of elective courses (10 credits). and a career-related course (1 credit). A minimum of 24 STEM credits  out of the 35 total program credits is required for graduation. 20 STEM credits are core courses and 4 credits in elective courses. The equivalence to 2 credits in experiential learning is mandatory for the Master of Science in Finance degree. Experiential learning is defined as "learning by doing." All students must take FIN696 (Capstone) to meet their experiential learning requirements. 

The Professional MSF Track 

Students may opt into the Professional MSF track should they have professional work experience within the finance field and cannot attend a full-time program. The potential list of electives is the same, but only some classes will be offered at night or weekends. It is assumed that these students would proceed at half the pace of the full-time program. 

Regular MSF Track and Professional MSF Track 

Required STEM Core Courses
ACC 600Accounting for Decision-Making and Control2
FIN 635Quantitative and Analytical Fundamentals for Finance4
FIN 643Quantitative Finance and Market Microstructure2
FIN 650Financial Investment2
FIN 652Fixed Income Securities2
FIN 670Corporate Finance2
FIN 683Financial Modeling2
FIN 685Mathematics of Financial Derivatives2
FIN 686Behavioral and Social Finance2
FIN 696Finance Capstone Project2
Other Required Core Courses
BUS 610Communicating for Career Success2
MGT 697Graduate Business Career Connect Course1
Electives10
Finance STEM Electives
Real Estate Investment and Appraisal
Real Estate Finance
Real Estate Risk Analysis
Introduction to ARGUS
Advanced ARGUS
Quantitative Stock Portfolio Management
Alternative Investments
Impact Investing
Smif Fund Analyst I
Sector Head for Student Managed Investment Fund
Smif Fund Portfolio Manager I
Chief Investment Officer
International Finance
Wealth Management and Financial Planning
Asset Management Analytics
Advanced Topics in Corporate Finance
Mergers and Acquisitions
Private Equity and Venture Capital
FinTech
Financial Institutions
Advanced Financial Modeling
Risk Management Insurance
Selected Topics in Finance
Other STEM Electives
Global Economics
Other Electives
Introduction to Accounting Analytics
Financial Reporting and Analysis
Financial Statement Analysis
Real Estate Law
Total Credit Hours35

Plan of Study

Regular MSF Track

Plan of Study Grid
Year One
FallCredit Hours
FIN 635 Quantitative and Analytical Fundamentals for Finance 4
FIN 650 Financial Investment 2
FIN 670 Corporate Finance 2
ACC 600 Accounting for Decision-Making and Control 2
MGT 697 Graduate Business Career Connect Course 1
FIN 643 Quantitative Finance and Market Microstructure 2
FIN 652 Fixed Income Securities 2
FIN 683 Financial Modeling 2
Elective 2
 Credit Hours19
Spring
BUS 610 Communicating for Career Success 2
FIN 686 Behavioral and Social Finance 2
Elective 2
FIN 696 Finance Capstone Project 2
FIN 685 Mathematics of Financial Derivatives 2
Elective 2
Elective 2
Elective 2
 Credit Hours16
 Total Credit Hours35

Plan of Study

Professional MSF Track

Plan of Study Grid
Year One
FallCredit Hours
FIN 635 Quantitative and Analytical Fundamentals for Finance 4
FIN 650 Financial Investment 2
FIN 670 Corporate Finance 2
ACC 600 Accounting for Decision-Making and Control 2
MGT 697 Graduate Business Career Connect Course 1
FIN 643 Quantitative Finance and Market Microstructure 2
FIN 652 Fixed Income Securities 2
FIN 683 Financial Modeling 2
Elective 2
 Credit Hours19
Spring
BUS 610 Communicating for Career Success 2
FIN 686 Behavioral and Social Finance 2
Elective 2
FIN 696 Finance Capstone Project 2
FIN 685 Mathematics of Financial Derivatives 2
Elective 2
Elective 2
Elective 2
 Credit Hours16
 Total Credit Hours35

Student Learning Outcomes

  • Students will acquire the ability to apply appropriate analytical and quantitative models to a wide assortment of decisions encountered by finance professionals.
  • Students will acquire the ability to write effectively in order to excel as a professional in the field of finance.
  • Students will apply the financial concepts and quantitative and analytical techniques important to their chosen field of specialty. Students will apply their techniques and understanding by completing the many projects, experiential learning assignments, case analyses, and  the solution of real-world problems.
  • Students will demonstrate an understanding of career acceleration and lifelong learning strategies.