Master of Finance
The year-long program emphasizes rigorous training in empirical finance, quantitative methods, financial econometrics, data analysis and risk management. Students are given a solid foundation in econometric modeling and empirical finance. This program satisfies the growing demand for graduates who are able to understand and implement financial models and to innovate and improve upon current empirical methods using structured and non-structured data.
The Master of Finance program is a 52-unit degree program. The curriculum consists of four core courses, eight 4-unit elective courses and a 4-unit capstone. There is also a mandatory Pre-Term Orientation approximately 2 weeks before Fall quarter.
Required and Recommended Courses
The program of study is expected to be completed over four consecutive quarters, which is one full year including the summer quarter.
Required Core Courses
MGTF 401 Financial Accounting
MGTF 402 Investment Analysis
MGTF 403 Advanced Financial Risk Management
MGTF 404 Financial Econometrics and Empirical Methods
Master of Finance students must complete 32 units of offered elective courses, including coursework in Professional Development. Among potential electives:
MGTF 405 Business Forecasting
MGTF 406 Behavioral Finance
MGTF 407 Valuation in Corporate Finance
MGTF 408 Real Estate Finance
MGTF 409 Mergers, Acquisitions, and Corporate Restructurings
MGTF 410 New Venture Finance
MGTF 411 Stochastic Calculus and Continuous Time Finance
MGTF 412 Financial Statement Analysis
MGTF 413 Computational Finance Methods
MGTF 414 Analyzing Large Data
MGTF 415 Collecting and Analyzing Financial Data
MGTF 432 Portfolio Analysis Theory in Practice
Master of Finance students complete 4 units of coursework focusing on professional development.
MGTF 417 Professional Communications addresses the communication skills required for effective professionals in the financial services sector. Includes presentations and report writing, as well as networking and career-related communications.
MGTF 416 Professional Seminars Finance introduces industry trends and issues and includes regular industry discussion forums on current events and issues.
MGTF 490 Capstone: Applied Finance Project
The Master of Finance capstone is a project-based course; students complete a project that demonstrates the application of learning from the Master of Finance to a financial data or risk management project or initiative.
As a student, you will choose the focus area for your project, allowing you to delve deeply into a subject or problem of interest and demonstrate your skills and knowledge. This may be a project from your own experience or workplace or may focus on an area where you are interested in building a career after graduation. You may work with a team of fellow students or individually.
You will develop your project proposal for the Applied Finance Project during the third quarter of the program, defining the question you want to answer, the data and the methodology you will use, and what you expect to learn from the project. Consultation with faculty is an important part of the process and ensures that the Applied Finance Project is an extraordinary learning experience.
If a student does not have a topic of relevant or appropriate scope, possible projects for consideration will be provided.
Rady organizes a 1-2 week mandatory Pre-term Orientation for all incoming students. During this time, students will attend workshops about academic requirements, career services, and graduate student life, as well as refresher and introduction courses on various topics relating to the Master of Finance program, such as Matlab, Accounting, Statistics and Excel. Attendance is mandatory and exact dates will be posted approximately 1-2 quarters before Fall admission.
Sample Program Plan
|Pre-term Orientation||Fall Quarter||Winter Quarter||Spring Quarter||Summer Quarter|
Bootcamps in: Accounting, Matlab, Statistics, Excel Career Services Networking & Teambuilding
MGTF 401: Financial Accounting
MGTF 404: Financial Econometrics and Empirical Methods
MGTF 403: Advanced Financial Risk Management
MGTF 490: Capstone: Applied Finance Project