The Master of Science in Finance (MSF) at Eastern Michigan University is a 30-credit hour AACSB-accredited program for recent graduates and working professionals. The STEM-designated program covers topics in corporate finance, financial reporting, fixed income, derivatives, investments, portfolio management, wealth planning, and equity investments. The program provides a strong foundation to sit for all three levels of the CFA exams.
Currently accepting applications for the Fall 2023 semester. Please email [email protected] for more information.
Program Information
Program Benefits Expand dropdown- Intensive, 30-credit hour curriculum allows students to complete the program quickly.
- Our program is lock-step, so students begin the program at the same time as their peers. This way students benefit from collaborating and building strong relationships with their cohorts and receive a strong level of faculty support.
- The program covers the Chartered Financial Analyst (CFA) Body of Knowledge providing a strong foundation to sit for all three levels of the CFA exams. This credential is awarded by the CFA Institute and widely considered to be one of the most prestigious professional designations in finance.
- An investment trading lab equipped with Bloomberg terminals will provide strong, practical application of the program's theoretical foundations.
- The STEM-designated program offers students the ability to develop or enhance applied quantitative skills, robust analytics, and advanced critical thinking skills. The program includes instruction in probability theory, applied financial calculus, and statistical analysis.
- A thesis option is available to students considering a Ph.D. program after completion of the MSF.
- Enhance job market potential with advanced financial and quantitative skills allowing you to add immediate value.
Degree Requirements Expand dropdownStudents must complete 30 credit hours of core courses and maintain a minimum 3.25 GPA. Curriculum Expand dropdownFoundational Requirements: 6 hours
- ACC 501 - Accounting Principles 3 hrs (or equivalent) with a B or higher
- ECON 500 - Foundations of Economic Analysis 3 hrs (or equivalent) with a B or higher
Course equivalents must be from an AACSB-accredited university and approved by the finance faculty. Equivalency exams may be allowed in some cases.
Students that are required to take ACC 501 and ECON 500 have the option to enroll in these courses the summer prior to their first fall semester or to take ACC 501 their first semester and ECON 500 their second semester. International students requiring 9 credit hours a semester must take these courses during their first and second semesters.
Core Requirements: 30 hours
- FIN 501 - Quantitative Methods in Finance 3 hrs
- FIN 601 - Corporate Finance 3 hrs
- FIN 611 - Financial Statement Analysis 3 hrs
- FIN 621 - Securities Analysis 3 hrs
- FIN 631 - Financial Markets and Institutions 3 hrs
- FIN 641 - Fixed Income Analysis 3 hrs
- FIN 651 - Portfolio Management 3 hrs
- FIN 661 - Advanced Financial Management 3 hrs
- FIN 671 - Risk Management/Derivatives 3 hrs
- FIN 691 - MSF Capstone 3 hrs
Thesis (Optional): 0-6 hours
In addition to the core 30 credit hour required courses, students can take an optional 4 - 6 credits of thesis coursework during the fall and winter semesters of their second year.
Program Costs Expand dropdownTuition rates are approved by the Board of Regents in June of each year. In-state tuition for the MSF program for the 2021-22 academic year is approximately $1,262 per credit hour; non-resident tuition approximately $1937 per credit hour. Graduate assistantship information can be found here.
