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 course "clusters" that match their learning needs and areas of interest. Sample course clusters 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 mba@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 ma 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 Institution Code is 7NV-S1-00
- GRE Institution Code is 5815
- 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.
Conditional Admission: If you have not achieved the minimum TOEFL or IELTS score but possess a strong academic performance you may be considered for conditional admission. A minimal TOEFL score of 80 or an IELTS score of 6.5 is required to be considered for conditional admission. These students must successfully complete a 4-week Graduate Business English Certificate Course prior to matriculating in the academic program. Click here for more information about the English for Graduate Business English Certificate Course.
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 (15 credits) and allows the selection of elective courses (20 credits). A minimum of 12 elective credits out of the 20 total elective credits must be Finance (FIN) courses. A minimum of 24 STEM credits (12 required and 12 elective) out of the 34 total program credits is required for graduation.
One semester of part-time (10-20 hours per week) practical training and concurrent enrollment in FIN 695 is mandatory for the Master of Science in Finance degree. Practical training is defined as "alternative work/study, internship, cooperative education, or any other type of required internship or practicum that is offered by sponsoring employers through cooperative agreements with the school." The practical training and concurrent enrollment in FIN 695 must be approved in advance by the faculty director. International students in F-1 status are required to obtain authorization for Curricular Practical Training (CPT) from the Department of International Student and Scholar Services (ISSS) prior to engaging in off-campus employment.
Regular MSF Track
Code | Title | Credit Hours |
---|---|---|
Required STEM Core Courses | 12 | |
Quantitative and Analytical Fundamentals for Finance | ||
Financial Investment | ||
Corporate Finance | ||
Financial Modeling | ||
Finance Internship 1 | ||
Other Required Core Courses | 3 | |
Communicating for Career Success | ||
Graduate Business Career Connect Course | ||
Electives | 20 | |
Finance STEM Electives | ||
Nobel Prize Winning Ideas in Financial Economics Current Topics | ||
Quantitative Finance and Market Microstructure | ||
Real Estate Investment and Appraisal | ||
Real Estate Finance | ||
Real Estate Market Analysis | ||
Introduction to ARGUS | ||
Advanced ARGUS | ||
Advanced Topics in Investments | ||
Fixed Income Securities | ||
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 | ||
Advanced Topics in International Finance | ||
Chinese Financial Markets | ||
Latin American Financial Markets | ||
Wealth Management and Financial Planning | ||
Strategic Asset Management | ||
Advanced Topics in Corporate Finance | ||
Sustainable Finance | ||
Financial Analysis of Mergers and Acquisitions | ||
Private Equity and Venture Capital | ||
FinTech | ||
Financial Institutions | ||
Advanced Financial Modeling | ||
Mathematics of Financial Derivatives | ||
Psychology of Financial Markets and Financial Decision Making | ||
Advanced Mathematical Finance | ||
Applied Numerical Methods in Finance | ||
Risk Management Insurance | ||
Selected Topics in Finance | ||
Other STEM Electives | ||
Managerial Decisions in a Global Economy | ||
Global Economics | ||
Programming for Data Analytics | ||
Applied Regression Analysis I | ||
Applied Time Series Analysis and Forecasting | ||
Introduction to Mathematical Finance | ||
Stochastic Calculus with Application to Finance | ||
Computational Methods of Finance | ||
Other Electives | ||
Introduction to Accounting Analytics | ||
Financial Reporting and Analysis | ||
Advanced Financial Analysis | ||
The Public Corporation: Legal Perspectives | ||
Real Estate Law | ||
High Performance Leadership | ||
Urban Redevelopment | ||
Total Credit Hours | 35 |
The Professional MSF Track
The Professional MSF Track does not require the one semester internship, FIN 695. In lieu of FIN 695, the Professional track requires FIN 696: Finance Capstone Project or an approved professional practice or research-based course. Students may opt into the Professional MSF track should they have extensive professional work experience within the finance field, or an interest in a research-intensive course with doctoral degree aspirations or students who require a culminating academic experience that facilitates students to think critically to solve a finance-related issue.
Code | Title | Credit Hours |
---|---|---|
Required STEM Core Courses | 12 | |
Quantitative and Analytical Fundamentals for Finance | ||
Financial Investment | ||
Corporate Finance | ||
Financial Modeling | ||
Finance Capstone Project (or an Approved Professional Practice Course or Research-Based Course) | ||
Other Required Core Courses | 2 | |
Communicating for Career Success | ||
Electives | 20 | |
Finance STEM Electives | ||
Nobel Prize Winning Ideas in Financial Economics Current Topics | ||
Quantitative Finance and Market Microstructure | ||
Real Estate Investment and Appraisal | ||
Real Estate Finance | ||
Real Estate Market Analysis | ||
Introduction to ARGUS | ||
Advanced ARGUS | ||
Advanced Topics in Investments | ||
Fixed Income Securities | ||
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 | ||
Advanced Topics in International Finance | ||
Chinese Financial Markets | ||
Latin American Financial Markets | ||
Wealth Management and Financial Planning | ||
Strategic Asset Management | ||
Advanced Topics in Corporate Finance | ||
Sustainable Finance | ||
Financial Analysis of Mergers and Acquisitions | ||
Private Equity and Venture Capital | ||
FinTech | ||
Financial Institutions | ||
Advanced Financial Modeling | ||
Mathematics of Financial Derivatives | ||
Psychology of Financial Markets and Financial Decision Making | ||
Advanced Mathematical Finance | ||
Applied Numerical Methods in Finance | ||
Risk Management Insurance | ||
Selected Topics in Finance | ||
Other STEM Electives | ||
Managerial Decisions in a Global Economy | ||
Global Economics | ||
Programming for Data Analytics | ||
Applied Regression Analysis I | ||
Applied Time Series Analysis and Forecasting | ||
Introduction to Mathematical Finance | ||
Stochastic Calculus with Application to Finance | ||
Computational Methods of Finance | ||
Other Electives | ||
Introduction to Accounting Analytics | ||
Financial Reporting and Analysis | ||
Advanced Financial Analysis | ||
The Public Corporation: Legal Perspectives | ||
Real Estate Law | ||
High Performance Leadership | ||
Urban Redevelopment | ||
Total Credit Hours | 34 |
Plan of Study
Regular MSF Track
Year One | ||
---|---|---|
Fall | Credit Hours | |
FIN 635 | Quantitative and Analytical Fundamentals for Finance | 4 |
BUS 610 | Communicating for Career Success | 2 |
FIN 650 | Financial Investment | 2 |
FIN 670 | Corporate Finance | 2 |
FIN 683 | Financial Modeling | 2 |
MGT 697 | Graduate Business Career Connect Course | 1 |
Electives | 8 | |
Credit Hours | 21 | |
Spring | ||
FIN 695 | Finance Internship | 2 |
Electives | 12 | |
Credit Hours | 14 | |
Total Credit Hours | 35 |
Plan of Study
Professional MSF Track
Year One | ||
---|---|---|
Fall | Credit Hours | |
FIN 635 | Quantitative and Analytical Fundamentals for Finance | 4 |
BUS 610 | Communicating for Career Success | 2 |
FIN 650 | Financial Investment | 2 |
FIN 670 | Corporate Finance | 2 |
FIN 683 | Financial Modeling | 2 |
Electives | 8 | |
Credit Hours | 20 | |
Spring | ||
FIN 696 | Finance Capstone Project | 2 |
Electives | 12 | |
Credit Hours | 14 | |
Total Credit Hours | 34 |
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, as defined by their Finance Internship (FIN 695) or Finance Capstone Project (FIN 696), in the solution of real-world problems.
- Students will demonstrate an understanding of career acceleration and lifelong learning strategies.