UMass Boston's MS in Finance (MSF) is a 10 course, 30 credit degree program, emphasizing investment management & quantitative finance (IMQF). The program teaches advanced financial techniques; students have the opportunity to gain training and exposure in the areas of Fintech, Data science in finance, Risk management, and Quantitative analysis. Students must complete a minimum of 10 courses, including 5 required finance courses, 4 finance electives, and the required MSF capstone. Additionally, based on a review of transcripts, 4 prerequisite courses must be satisfied or waived through prior relevant coursework.*
The MSF program participates in the CFA® Institute University Affiliation Program. This participation signals that our curriculum is closely tied to the practice of investment management and is helpful to students preparing for the CFA exams. On an annual basis our program awards as many as 10 CFA student scholarships.
The program emphasizes education on quantitative techniques in finance to meet the increasing demand for such skills in the finance job market. The MSF program is STEM-designated, allowing international students to apply for up to three years of Optional Practical Training (OPT) in the United States upon graduation.
The program is designed for students with different academic backgrounds; a bachelor's degree in finance is not required and can be completed full-time or part-time, with classes that meet primarily in the evenings, late afternoons, and online. Scheduling is highly flexible, with most classes meeting once per week. Graduates with an MSF have been hired by State Street, Fidelity, PricewaterhouseCoopers, and more.
Required MSF Courses (5 Courses; 15 Credits):
MBA AF623 Financial Modeling
MBA AF628 Portfolio Investment Analysis
MBA AF625 Derivative Securities
MBA AF634 Risk Management
MBA AF636 Quantitative Analysis
MSF Electives (4 courses, 12 credits):
[Course scheduling is subject to change by semester]
MBA AF611 Intermediate Accounting
MBA AF616 Financial Statement Analysis
MBA AF622 Global Portfolio Investment Analysis
MBA AF632 Asset Management Practicum♦♦
MBA AF626 International Financial Management
MBA AF690 Research Colloquium
MBA AF697 Special topics: FINTECH
MBA AF697 Special topics: Fixed income
MBAMGT699 Master's Thesis Option
MBAMS630 Statistical Analysis for Managers
MBAMS640 Computer Information Systems
MBAMGT 698 Practicum/Internship – must have an employment offer letter to enroll
Required MSF Capstone (1 Course; 3 Credits): MBA AF632 Asset Management Practicum♦♦
Students may complete this course up to two times, in separate semesters, both as an elective and as the required capstone course.
View the GMAT/GRE Waiver Policy for admission criteria.
*MSF Pre/Corequisite courses
MBA MS 600 Math Analysis for Managers
MBA AF 601 Economics for Managers
MBA AF 610 Accounting for Managers
MBA AF 620 Financial Management
*Eligible Course Waivers
Students who complete equivalent coursework may be eligible to waive some of these courses.
A minimum of 30 credits (10 courses) total are required to meet university degree completion criteria. Waiving multiple courses may require the completion of additional elective courses to meet the 30-credit minimum requirement.
- Achieve proficiency with respect to the functional or technical knowledge and skills required for professional finance careers.
- Gain knowledge and skills regarding professional integrity and ethics.
- Gain problem identification and solving, critical thinking, and analytical skills.
- Gain proficiency in the communications, teamwork, and leadership skills required for professional finance careers.