The Master of Science in Financial Analytics (MSFA) at Eastern Michigan University is a 30-credit hour, AACSB-accredited program for recent graduates and working professionals.

  • The program is delivered in a supportive, fully online format over five consecutive 7.5-week sessions, allowing completion of the 30-hour core requirements in only 10 months.
  • The STEM-designated program covers topics in corporate finance, financial reporting, fixed income, derivatives, investments, portfolio management, wealth planning, and equity investments. 
  • The program not only provides a strong foundation to sit for all three levels of the CFA exams but also magnifies your practical skills to better prepare you for a career in finance.
  • You'll gain hands-on experience with the latest tools and techniques, such as Python programming, financial analytics, and AI-driven financial modeling. 

Currently accepting applications for the Fall 2024 semester. GMAT/GRE waived for qualified candidates. Please email [email protected] for more information.

Program Information

  • Curriculum

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    Foundational Requirements: 3 hours

    ACC 501 - Accounting Principles 3 hrs (or equivalent) with a B or higher
    ACC 501 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 have the option to enroll in this course the summer prior to their first fall semester or to take ACC 501 their first semester.

    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 Modeling in Excel 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 675 - Artificial Intelligence Tools in Finance 3 hrs

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    Students must complete 30 credit hours of core courses and maintain a minimum 3.25 GPA.
  • Program Benefits Expand dropdown
    • Accelerated 30-credit hour curriculum allows students to complete the program in 10 months.         
    • 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 learning 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. 
    • A thesis option is available to students considering a Ph.D. program after completion of the MSFA.
    • Enhance job market potential with advanced financial and quantitative skills allowing you to add immediate value.


  • Program Costs Expand dropdown

    Tuition rates are approved by the Board of Regents in June of each year. Graduate assistantship information can be found here.

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