Master of Science in Finance

Degree Requirements

The M.S. in Finance (MSF) degree is designed for students with or without previous educational background in finance. Candidates for the MSF choose one of four concentrations:

The financial analysis concentration is designed for students interested in pursuing a career as a financial analyst and completing the Chartered Financial Analyst (CFA) examination.
The financial management concentration allows students to tailor their coursework for careers in a range of activities such as corporate finance, investment banking, venture capital, private equity, commercial banking and insurance.
The financial risk management concentration is designed for students interested in a career in financial risk management and a financial risk management certification.
The financial engineering concentration is designed for students with the quantitative ability to pursue a career applying quantitative methods to investment and risk management problems.

Waivers and Transfers of Credit

Waivers of program requirements may be granted in recognition of previous coursework completed with a grade of B or better within the past six years in a specific business program area. Waivers are approved by the appropriate program director through a process which allows a student to skip a core course and take the next higher level course in the same academic area with no reduction in the overall program hour requirements.

Transfer credits may be granted for equivalent graduate coursework taken at other universities with a grade of B or better within the past six years. Up to 12 hours of coursework from other universities may be waived from or transferred to the MSF program. Consult the UT Dallas Graduate Catalog for further details. Applications for approval of waivers and transfers may be obtained in and submitted to the School of Management Advising Office.

Courses are primarily offered on week day evenings or late afternoons. Several courses are currently offered and are planned to be offered through the internet. Students may obtain a dual MBA and MSF degree by taking a total of 71 credits (assuming all prerequisites and degree requirements are met).

Prerequisites

Calculus, basic statistics, and competence in personal computing are required as prerequisites. Candidates who have not taken equivalent courses will need to take MATH 5304 to meet the calculus requirement, OPRE 6301 to complete the basic statistics requirement and BA 3351 to complete the personal computing requirement.

Basic Core Courses (12 credit hours)

All students enrolling in the Master of Science in Finance program must complete the following basic business core courses or their equivalents. Please see course descriptions for further prerequisite information.

AIM 6305 Accounting for Managers
MECO 6303 Business Economics
FIN 6301 Financial Management
FIN 6306 Quantitative Methods in Finance

Concentrations:

1) Financial Analysis (CFA) concentration (24 hours):

AIM 6344 Financial Statement Analysis
FIN 6308 Regulation of Business and Financial Markets
FIN 6310 Investment Management
FIN 6314 Fixed Income Securities and their Derivatives
FIN 6320 Financial Markets and Institutions or FIN 6380 Practicum in Finance
FIN 6350 Advanced Financial Management
FIN 6360 Options and Futures Markets
FIN 6364 Advanced Investment Mgt or FIN 6370 Theory of Finance or FIN 6380 Practicum in Finance

2) Financial Management concentration (24 hours):

Students must complete eight courses. At least one course must come from category A and five must come from category B. Further, all eight courses must come from one of these two categories.

*Category A*:	*Category B*:
AIM 6330: Intermediate Financial Accounting I	FIN 6308: Regulation of Business and Financial Markets
AIM 6332: Intermediate Financial Accounting II	FIN 6310: Investment Management
AIM 6341: Planning, Control and Performance Evaluation	FIN 6314: Fixed Income Securities and their Derivatives
AIM 6342: Strategic Cost Management	FIN 6315: Entrepreneurial Finance
AIM 6344: Financial Statement Analysis	FIN 6316: Private Equity Finance
AIM 6345: Business Valuation	FIN 6320: Financial Markets and Institutions
AIM 6346: Financial Dimensions of Mergers and Acquisitions	FIN 6340: Management of Financial Institutions
AIM 6351: Individual Taxation	FIN 6350: Advanced Financial Management
AIM 6352: Corporate Taxation	FIN 6355: Corporate Finance and Policy
AIM 6380: Internal Audit	FIN 6360: Options and Futures Markets
	FIN 6364: Advanced Investment Management
	FIN 6366: International Financial Management
	FIN 6370: The Theory of Finance and Its Applications
	FIN 6382: Introductory Mathematical Finance
	FIN 6384: Numerical Methods in Finance
	ECO 6311 Statistics for Economists or MECO 6315 Approaches to Statistical Inference
	MECO 6312 Applied Econometrics and Times Series Analysis

3) Financial Risk Management (FRM) concentration (24 hours):

FIN 6310 Investment Management
FIN 6314 Fixed Income Securities and their Derivatives
FIN 6320 Financial Markets and Institutions or FIN 6340 Management of Financial Institutions
FIN 6360 Options and Futures Markets
FIN 6364 Advanced Investment Management or FIN 6370 Theory of Finance
FIN 6384 Numerical Methods in Finance
MECO 6312 Applied Econometrics and Time Series Analysis
OPRE 6335 Risk and Decision Analysis

4) Financial Engineering concentration (24 hours):

FIN 6310 Investment Management
FIN 6314 Fixed Income Securities and their Derivatives
FIN 6360 Options and Futures Markets
FIN 6364 Advanced Investment Management or FIN 6370 Theory of Finance
FIN 6382 Introductory Mathematical Finance
FIN 6384 Numerical Methods in Finance
ECO 6311 Statistics for Economists or MECO 6315 Approaches to Statistical Inference
MECO 6312 Applied Econometrics and Times Series Analysis

[ top ]