M.B.A., Finance Specialization

The Finance Specialization in the MBA degree program immerses graduate students in interesting and emergent topics in the dynamic field of finance. Your MBA program will provide you with a solid grasp of business fundamentals, including both “hard” and “soft” business skills. These are taught through a fixed sequence of required courses, or “core classes.”

In the MBA with a specialization in Finance, you will be a business administration professional first and foremost, but with an enhanced understanding of financial management of business, government, and not-for-profit entities. The program provides students with specific skills in finance to complement the broad business competencies required of managers in a dynamic and global economy. Students will appraise the planning, funding, and investment decisions made by managers to create value for their organizations in the context of environmental, social, and governance risks and responsibilities. Students must examine best practices to meet the challenges of innovative and disruptive technologies, internationalization, intellectual property disputes, conflicts of interest, and other ethical dilemmas.

What is the Difference between an MBA in Finance and an MS in Finance with specific concentrations or specializations?

The major difference between these programs is that the MBA equips students with broader skills and knowledge in business and helps graduates apply them in many different areas. On the other hand, Master of Finance programs are more finance-specific. The individual’s career goals should determine which program to choose.

The Master of Science in Finance offers a traditional core graduate curriculum in finance combined with a specialization in one of three professional areas: financial analysis, financial management, or financial risk management, and prepares students for careers in commercial banking, corporate treasury, insurance, investment banking, and real estate. Meanwhile, the broad coverage in MBA programs prepares students to work in different fields and hold positions as financial managers and controllers. Those who want an MBA career may work in commercial banks and deal with things like trusts, mortgages, lending and investments. MBAs can also assume responsibilities like managing large financial institutions and administering individual branch office functions. Governments and non-profits also hire graduates from best MBA degrees to help them run the organization effectively.

Admission Requirements:

  • The completion of a Bachelor's degree.
  • A cumulative undergraduate grade point average (GPA) of 3.0
  • Students whose undergraduate GPA is below 3.0 may be considered for admission and matriculation with the following conditions:
    • Business undergraduate majors with a GPA below 3.0 must take BUSI 599 in the first semester and attain a grade of B or better to continue in the MBA or MS program
    • Non-business majors must take BUSI 599 in the first semester and attain a grade of B or better to continue in the MS or MBA program 
  • Meet all minimum requirements of the Graduate Studies Office including: completed application; transcripts; recommendation letters; essay; and resume; and test results as required. An interview may be requested.
  • Additional requirements for international students include: Test of English as a Foreign Language (TOEFL) test results, and Educational Credential Evaluators (ECE), or World Education Services (WES) evaluation of international transcripts.
  • Up to nine graduate course credits in applicable content from other institutions may be accepted with approval of the School of Business.

To apply for graduate study go to the Graduate Application web page
For more information about the TOEFL exam go to TOEFL

Curriculum Requirements:

Required Core Program:18
FINC 514Introduction to Business Analytics and Data Science3
FINC 507Corporate Financial Management3
MGMT 595Executive Communication3
MGMT 516Global Strategic Management3
MKTG 515Contemporary Marketing Perspectives: Trends, Strategies and Practice3
ACCT 552Strategic Profitability Analysis: Accounting for Managers3
Required Finance Specialization Courses:15
FINC 670Working Capital Management3
or FINC 678 Healthcare Financial Management
FINC 673Investment Planning and Portfolio Analysis3
FINC 776Global Finance3
FINC 777Financial Institutions and Banking Relations3
FINC 778Financial Restructuring and Reorganization3
Capstone Requirement3
BUSI 799Interdisciplinary Capstone in Business Administration3
Total Credits:36

Full-time Plan (excludes prerequisite course, as may be required*)

Plan of Study Grid
First Year
Term 1Credits
FINC 514 Introduction to Business Analytics and Data Science 3
MGMT 595 Executive Communication 3
FINC 507 Corporate Financial Management 3
Term 2
MGMT 516 Global Strategic Management 3
ACCT 552 Strategic Profitability Analysis: Accounting for Managers 3
MKTG 515 Contemporary Marketing Perspectives: Trends, Strategies and Practice 3
Term 3
FINC 670 Working Capital Management (Select only one from among FINC 670, FINC 678) 3
FINC 673 Investment Planning and Portfolio Analysis 3
FINC 776 Global Finance 3
Term 4
FINC 777 Financial Institutions and Banking Relations 3
FINC 778 Financial Restructuring and Reorganization 3
BUSI 799 Interdisciplinary Capstone in Business Administration 3
 Total Credits36

*Prerequisite Courses (as required)

BUSI 599Graduate Business Essentials9

   Student Learning Outcomes

Upon completion of the Master of Business Administration with a specialization in Finance program, students will be able to:

  1. Identify ethical issues and understand the implications of social responsibility for sustainable business practices.
  2. Evaluate information and apply critical thinking skills to identify solutions and inform business decisions.
  3. Utilize technology, apply quantitative methods and interpret data to solve business problems.
  4. Integrate knowledge of core business concepts and collaborate productively as part of a team.
  5. Work effectively in a diverse environment and understand how global and cultural issues effect the organization and its stakeholders.
  6. Compose clear and concise forms of written communication to effectively convey ideas and information associated with business topics.
  7. Communicate business concepts effectively through oral presentation.
  8. Use finance theory/ concepts, techniques and models for qualitative and quantitative analysis.
  9. Communicate complex financial information and analysis effectively both in speaking and writing.
  10. Apply financial knowledge/skills and an ethical compass to guide business decisions in academic simulations or real-world professional environments.
  11. Formulate financial management solutions based on qualitative and quantitative analysis.