Master of Science in Finance
Lerner College recognizes that financial management is key to both asset management and asset creation in every industry. The master of science in finance program covers both quantitative and qualitative aspects of financial decision making, including risk management, capital budgeting, investments, financing, and corporate governance. Emerge ready to meet a growing demand for principled financial experts capable of practical, hands-on business problem solving.
The Lerner M.S. in finance curriculum is based on the financial theory and empirical methods employed by professionals practicing corporate finance, financial security valuation, financial modeling, portfolio management, financial services management, financial risk management and corporate governance. The program explores essential theories and cases of best practice across:
- Financial forecasting
- Time value of money techniques
- Operating and financial risk
- Costs of capital
- Methods of valuation
These important tools and concepts reveal how corporations make financial decisions that maximize shareholder value. You will gain a nuanced grasp of short- and long-term capital investment, the risks and rewards of mergers and acquisitions, and how to deal with financial distress.
FINC 871 – Workshop in Finance: Seminar
FINC 872 – Workshop in Finance: Empirical Research
ECON 803 – Applied Econometrics I
ACCT 820 – Financial Statement Analysis
FINC 851 – Corporate Financial Analysis
FINC 861 – Financial Modeling and Valuation
FINC 852 – Investment Analysis and Portfolio Management
FINC 856 – Financial Engineering and Risk Management
FINC 855 – Capital Markets & Financial Institutions
Elective Courses (6 credits)
Elective courses can be any pre-approved 800-level FINC, ACCT, ECON, STAT, FREC or MATH course. Students are not limited to these courses and, with the approval of the program director, other graduate courses can be used to satisfy elective requirements.
Program Format Options
Choose from five paths through the master’s in finance program, each suited to your specific current job position, career and salary goals, and life situation.
- M.S. Accelerated Program
If you already hold a B.S. in finance, you can complete the M.S. in finance in one year of intensive study (fall and spring semester, Winter and Summer sessions). This program is for you if you have excellent quantitative skills and can devote your full-time efforts to your coursework.
- Full Time
The full-time program offers more flexibility than the accelerated program and usually takes 18 months to complete. You can choose from a wide choice of elective courses and perhaps pursue an internship.
- Limited Part-time Program
If your work schedule is flexible, you can complete the M.S. in finance on a part-time schedule while working by taking some courses in the daytime. Some courses may also be offered in the evening.
- Dual MBA/M.S. in Finance Program
Our dual MBA/M.S. in finance program combines the strategic business skills of the MBA with the in-depth study of finance.
- B.S. + M.S. Accelerated Degree Program
With the accelerated B.S. in finance + M.S. in finance, you can complete the necessary 145 credit hours needed to earn both the B.S. and M.S. in finance, in less time and with fewer credits than if completed separately.
Your M.S. in finance degree can prepare you for a variety of career options and goals, from Wall Street to Main Street and business centers around the world.
Corporate finance positions can be found in companies of all sizes, from large, international entities to small start-ups. Additional corporate finance positions include financial analysts, treasurers and internal auditors.
- Corporate finance
Help large and mid-sized companies secure and manage the capital necessary to run the enterprise, while maximizing corporate value and reducing financial risk. Oversee financial statements, developing forecasts, creating models, studying potential acquisitions and developing capital spending programs.
- Investment banking
Help clients acquire capital by creating and issuing debt and equity securities. Play a key role in facilitating financial reorganizations, mergers and acquisitions.
- Investment research
Examine and evaluate a firm’s financial statements and economic trends. Produce reports and models used by banks or large investors to make portfolio recommendations and decisions.
- Private wealth management
Serve a base of high net worth clients by providing comprehensive and personalized financial planning services such as investment and risk management strategies.
- Real estate finance
Produce information that helps a company or client locate, purchase, develop and sell buildings and properties.
- Advisory services and consulting
Conduct expert and independent analysis on matters such as asset valuation or financial issues required for litigation.
Lerner finance faculty bring deep applied research knowledge, extensive corporate experience, and wide-reaching association memberships and networks — all of which can lead you to fresh insights on a changing global economy and industry. Faculty expertise includes such areas as:
- Corporate finance
- Mergers and acquisitions
- Corporate Governance
- International Finance
- Initial Public Offerings
- What can you do with a finance degree? - Finance influences almost every aspect of an organization, whether a bank, consulting firm, public or private corporation, governmental organization or non-profit. Read this article to find out if a degree in finance is right for you.
- MBA or MS in Finance: Which degree is right for you? - Whether you’re looking to specialize in corporate finance, you have aspirations of managing a team of financial analysts or you aim to grow your own firm, there are many professional development pathways to choose from.
Learn more about master of science in finance admissions requirements, deadlines, tuition and financial aid available to you.