Skip to Main Content

Master of Science in Finance

Course Descriptions

MSF: Undergraduate Prerequisite Course Descriptions

GFIN 305
Corporate Finance
3 Credits

Prerequisite: Conditional Acceptance into a graduate program

The primary objective of Corporate Finance is to provide a framework, concepts, and tools for analyzing financial decisions based on fundamental principles of modern financial theory. The approach is rigorous and analytical. Topics covered include discounted cash flow techniques; corporate capital budgeting and valuation; investment decisions under uncertainty; capital asset pricing; options and market efficiency. The course will analyze corporate financial policy, including capital structure, cost of capital, dividend policy, and related issues. The course also covers the operating and financial leverage, sustainable growth and financial health of a firm.

GMAT 305
Statistics
3 Credits

Prerequisite: Conditional Acceptance into a graduate program

To provide a basic knowledge of statistics methodology: concerned with data collection, analysis and interpretation. This course introduces fundamental concepts of statistical measures and distributions and regression-correlation analysis.

MSF: Graduate Core Course Descriptions

MSF 500
Financial Markets
3 Credits

Prerequisites: Acceptance into the MBA or MSF program or permission of the college

This course explores the features and functions of the key financial markets along with the institutions that serve the markets. Specifically, this overview compares and contrasts the equities, debt, money, and mutual fund markets. It analyzes the individual markets, as well as the interaction among them. The course also focuses on the Federal Reserve System: its integration with the investment market industry and how it affects economic conditions.

MBA 502
Applied Quantitative Methods for Business
3 Credits

Prerequisite: Acceptance into the MBA or MSF program or permission of the college

This is the first or second course which MBA and MSF students take in the graduate program. It provides an applied approach to the use of quantitative models in managerial decision analysis. The course focuses on data collection, testing, analysis, and presentation of research findings. Upon completion of the course, students should be able to utilize statistical data in decision making, apply regression analysis techniques, demonstrate the ability to perform hypothesis testing, and build statistical models using Excel spreadsheets. A mid-level working knowledge of Microsoft Excel is necessary to successfully complete the course.

MSF 505
Managerial Finance
3 Credits

Prerequisites: MSF500: Financial Markets; MBA502: Applied Quantitative Methods for Business

This is the first or second course which MSF students take in the graduate program. This course deals with managing business funds and planning their use to accomplish organizational objectives. The primary objective of this course is to introduce the fundamental skills required to manage the financial aspects of a business as well as create and maintain organizational value. The main topics include: time value of money; financial statement analysis; valuation concepts; Weighted Average Cost of Capital (WACC); capital budgeting techniques; uncertainty & trade-off between risk and return; and the Security Market Line (SML). A basic working knowledge of a financial calculator and/or Microsoft Excel is necessary to successfully complete the course.

MSF 510
Investment Management
3 Credits

Prerequisites: MSF500: Financial Markets; MBA502: Applied Quantitative Methods for Business

This course provides in-depth analysis of the securities industry. It will describe and compare the different types and features of advanced securities such as mortgage backed, asset backed, and derivatives. The course introduces a securities market model describing the various participants such as banks, brokers, insurance companies and investment advisors. Within this model, business and system requirements for investment management and trading, custody and securities processing, and securities accounting are described in detail.

MSF 540
International Finance
3 Credits

Prerequisites: MSF500: Financial Markets; MBA502: Applied Quantitative Methods for Business

International Finance will introduce students to global financial markets and operations of multinational firms. Topics to be discussed will include foreign exchange markets, international financial markets, international banking, international trade tariff and quotas, Euromarkets, and investment decisions in the global marketplace.

MSF 545
Financial Modeling
3 Credits

Prerequisites: MSF500: Financial Markets; MBA502: Applied Quantitative Methods for Business

In this course, students will develop and build comprehensive financial models relative to various corporate finance and investment scenarios. Through active learning, students will build models relative to amortization, the time value of money, financial derivatives and option pricing. Students must have a mid-level working knowledge of Microsoft Excel prior to entering the course. Basic knowledge of Microsoft Visual Basic for Applications (VBA) is also helpful. This course serves as a compliment to Managerial Finance and Financial Derivatives.

MSF 547
Global Currency Management
3 Credits

This course provides students with a comprehensive understanding of how foreign exchange (Forex) currencies are traded in both professional and retail markets and what causes currency values to rise and fall. The course examines the major players within the Forex market — banks, brokers, fund managers, hedge funds and retail traders — and explores the dynamics between these participants. It also investigates techniques to evaluate and trade FX for risk mitigation or speculation, exploring the use of futures, forwards, swaps and options to achieve these aims. Major macroeconomic data releases, political and central bank speeches are investigated, and their effects on Forex markets are analyzed, often in real-time. This course also introduces and examines fundamental and technical analyses techniques to forecast potential future exchange rate moves. As part of the course, students will be provided with a $50,000 demo trading account to enable them to apply learned knowledge to real-time Forex markets.

MSF 550
Financial Derivatives
3 Credits

Prerequisites: MSF500: Financial Markets; MBA502: Applied Quantitative Methods for Business

The course is designed to foster an understanding of derivatives, primarily forwards, futures options, swaps, collateralized debt obligations and credit default swaps. This is achieved through an introduction of the basic techniques of pricing and trading. The course also focuses on the usage of these instruments for speculation and risk management.

MSF 557
Financial Trading and Management
3 Credits

Prerequisites: This course is designed to develop and expand the techniques introduced in MSF547 to investigate additional asset classes and more advanced analysis techniques. Additional technical analysis indicators will be introduced, enabling students to evaluate price momentum and trend strength in more detail, as well as additional asset classes such as commodities and stock indices. Putting together this new-found knowledge, students will continue to trade their $50,000 demo trading account as they develop their trading strategies. Additional options strategies will be introduced to identify more advanced methods of speculation and hedging of risk exposure. Students will be required to monitor and record their trading activity, and use this information to critically evaluate their own trading performance.

MSF 560
Trading Psychology & Risk Management
3 Credits

Prerequisites: All human beings are hard-wired to behave in a certain way, given certain stimulus and situations. However, traders and investors need to adapt their behavior to become successful. This course studies a range of human emotions and the effect of crowd behavior on financial markets; what makes people think and behave as they do and how this (somewhat predictable) behavior can be used to forecast market movements and enhance trading profits. The course also examines individual psychological biases and explains how to recognize the reasons that cause traders to make predictable errors in their analysis & trading. The course examines how to identify these biases, and how to avoid falling into emotional traps when trading. The course also explains how to recognize, assess and manage potential burn-out in traders, and how to help them return to profitability after a performance slump.

MSF 580
Insurance and Risk Management
3 Credits

Prerequisites: MSF500: Financial Markets; MBA502: Applied Quantitative Methods for Business

This course identifies and evaluates business and personal risk using insurance as a risk management tool. Students will study introductory and advanced topics in risk management as well as life, health, property and liability insurance with their related legal and compliance issues.

MSF 600
Finance Capstone
3 Credits

Prerequisites: Completion of All Other Courses in Program

The Finance Capstone is the final course in the MSF Program. The purpose of the course is for the student to demonstrate a broad mastery of the knowledge and skills gained throughout the program. Through a combination of theoretical and applied financial concepts and techniques, the expected outcome of the course is the production of a high quality investment analyst report on par with those seen in the financial press. This final project should demonstrate the student’s expertise in the field of finance.

Ready to Learn More?

Fill out our Request Info form, or call 800-997-1673 to speak with an Admissions Representative.

Get Started