MS-Finance

The Master of Science in Finance at the University of Michigan-Dearborn provides the specialized training required for success in the complex and dynamic financial professions, including careers in corporate finance, financial institutions, and investment management. The program offers expert faculty and expansive opportunities for networking.

You may complete the program on campus, on-line, or any combination of the two, and you may enroll on a full- or part-time basis.

Admission is rolling, and you may begin the program in September, January or May.

The degree is open to students with strong quantitative and analytical skills, regardless of their undergraduate major.

University of Michigan-Dearborn students who have been admitted to the MS-Finance may take up to 6 graduate credits during the final semester of their undergraduate program.

Program Prerequisites

Three credits of financial accounting equivalent to the College of Business undergraduate course ACC 298, Financial Accounting.  

Applicants must also meet additional admission requirements.

Curriculum

Core Courses (6 courses/18 credits)

BE 530
DS 520
FIN 531
FIN 581
FIN 651

Economic Analysis: Firm and Consumer
Applied Statistical Modeling
Finance Fundamentals and Value Creation
Topics in Corporate Finance
Investment Process, Analysis and Management

Choose one of the following:

ACC 608
BE 583

Financial Statement Analysis
The Global Economy:  Crisis and Growth

Elective Courses (4 courses/12 credits)

Choose 4 courses from:

ACC 555
ACC 603
ACC 608
BE 583
FIN 650
FIN 652
FIN 653
FIN 654
FIN 655
FIN 656

Cost Management
Controllership
Financial Statement Analysis
The Global Economy: Crisis and Growth
Corporate Valuation and Strategy
Derivatives and Risk Management
Current Issues in Investments and Capital Markets
Financial Intermediation
International Financial Management
Fixed Income Securities

Up to three credits of Business Internship (BI 500, 506, or 560) may count as non-finance elective credits at the discretion of the program faculty.  Though Calculus is not required for admission to the MS-Finance Program, it is one of the course prerequisites for FIN 652 (Derivatives and Risk Management) and FIN 656 (Fixed Income Securities).

Students must earn at least 15 finance (FIN) credits, excluding FIN 531.

Transfer Credit and Course Exemptions

Previous graduate or undergraduate coursework deemed substantially similar to ACC 608, BE 530, BE 583, DS 520 or FIN 531 may qualify to exempt students from those courses.  

Previous graduate coursework deemed substantially similar to FIN 581 or FIN 651 may qualify to exempt students from those courses.  

Exemptions from DS 520 must be replaced with FIN courses or DS courses at the level of 570 or above.  Other exempt courses must be replaced with courses from FIN, TAX, 600-level ACC courses, or other graduate courses with approval.  Regardless, students must earn at least 15 FIN credits (5 courses), excluding FIN 531.

In addition, up to 6 transfer credits for previous equivalent graduate coursework can be applied to the degree if those credits have not been counted toward a degree.  

Exemptions and transfer credit are granted at the discretion of the program faculty.