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The Master of Finance is a full-time program lasting 12 months beginning each fall. The program consists of 13 courses – six required core courses and seven electives – for a total of 52 units. You have the opportunity to personalize your degree in areas including corporate finance, investment management, wealth management, and real estate through electives from either Master of Finance or MBA offerings. The ProSeminar course, our unique approach to career management, helps you gain the skills necessary for sustained career success.

Program Schedule

Fall
  • ProSeminar (0 units)
  • Foundations of Finance (4 units)
  • Financial Reporting (4 units)
  • Elective (4 units)

Winter
  • ProSeminar (0 units)
  • Financial Research Methodology (4 units)
  • Derivatives (4 units)
  • Elective (4 units)
  • Elective (4 units)

Spring
  • ProSeminar (0 units)
  • Risk Management (4 units)
  • Elective (4 units)
  • Elective (4 units)
  • Elective (4 units)

Summer
  • Capstone (4 units)
  • Elective (4 units)

Required Courses

MF 211 ProSeminar
This course, Coordinated with the Merage Career Center, provides students with practical skills for success in the program and future careers in finance by teaching career planning, job search tactics and strategies, resume building, interviewing preparation, approaches to networking, salary negotiation, public speaking, and business writing skills.

MF 203A Financial Reporting
Involves the development, analysis, and interpretation of financial accounting information for external reporting purposes.

MF 210 Foundations of Finance
This course teaches the foundations of finance. The course begins by teaching financial tools such as time value of money, capital budgeting techniques, and cash flow analysis. The course then examines the foundations of investment management. Theory and empirical evidence related to portfolio theory, market efficiency, asset pricing models, factor models, and option pricing theory.

MF 240 Financial Research Methodology
This course bridges the gap between theoretical financial models and financial econometrics and empirics. The course will explore the strengths and weaknesses of empirical finance and econometrics, as well as implement many of the methods based on data the individual has drawn from the market.

MF 241 Risk Management
This course examines modern techniques for managing financial risks. Financial risks are generally classified into market risks, due to movement in financial prices or volatilities, credit risks, due to fact that counterparties are unwilling or unable to fulfill their contractual obligations and operational risks, which arise from human or technical failures.

The course will cover measurement techniques for different types of financial risks (equity, fixed income, currency, commodity) and instruments. It will cover tools such as duration, portfolio beta, factor sensitivities, portfolio distribution analysis, and value at risk (VAR). It will also discuss how risk measurement tools can be used for active management of the risk/return profile of financial institutions.

MF 249 Derivatives
Derivatives are new financial instruments whose value “derives” from the values of other, more basic, underlying assets such as stocks and bonds. The course will cover major derivative instruments including forward, futures, swaps and options. Derivatives are widely used for hedging, speculation, and arbitrage. The size of this market is several times larger than the global economy. The focus of the course is on understanding the instruments, how to use them, how to price them, and basic risk management principles. In particular, the course will show how to implement investment strategies with derivatives. Prerequisite:  MF 210

MF 296 Capstone Course
Students work in teams on an applied finance project, one that is associated with an internship or experiential project. This project should be associated with the area of focus of the student’s electives, as it will illustrate the student’s knowledge and expertise, which students can reference when speaking to potential employers.

Sample Electives

Capstone Project

The Capstone Project provides students an opportunity to work on real-life finance problems with industry partners. During the spring and summer quarters, students will work in teams led by a faculty advisor and the sponsor organization to create valuable collateral that will ultimately be presented to the Merage School faculty and staff, and the host organization.

Capstone Partner Companies

  • First American Trust
  • BNY Mellon
  • Okapi Venture Capital
  • Pacific Life
  • Western Digital
  • Roth Capital Partners
  • Rimrock Capital Management

2018 Capstone Projects

  • First American Trust* - Managing Foreign Currency Risk Exposure & Provide Recommendations for Managing Internal Capital by Identifying Threshold for Ratings
  • BNY Mellon - Preparing Business Owner Exit Planning Survey
  • Okapi Venture Capital* - Preparing Competitive Research & Identifying Future Funding Needs, and Operational Best Practices
  • Pacific Life - Competitive analysis
  • Western Digital - Reevaluating Strategic Alliance with Assembly, and Distribution Operations in an Emerging Market
  • Roth Capital Partners* - Prospect Development, Strategic Alternatives for Sell/Buy-Side Engagements & Industry and Company Analysis to Support Equity Analyst Team
  • Rimrock Capital Management - Analyze Relationship of Emerging Market Economies and The Global Commodity Complex

*Companies hosting two Capstone Projects.

Student Testimonials

Aseel Abusoud 
MFin Alumni '18

Bryan Reza 
MFin Alumni ’18