Master of Science in Finance

The Masters of Science in Finance program provides students the practical and theoretical knowledge needed by finance professionals in today’s rapidly changing world. Students will learn the quantitative skills required to analyze financial information, make complex financial decisions and valuations, select and analyze portfolios and manage risk. They will gain proficiency in spreadsheets, databases and the other technological skills needed to evaluate financial data. Students will also learn the qualitative skills to effectively and professionally communicate financial information.

The MS Finance program is a 36 semester credit hour program. A full time student can complete the program within 2 years. Many students take additional time to pursue a second master’s degree, serve an internship or study for professional certification exams. Many students also enhance their experience through involvement in student organizations, particularly the Financial Leadership Association. Although the entire program cannot be completed online, several courses are available in an online format.

Note: The MS Finance program does not require applicants to have an undergraduate business degree. All undergraduate majors are welcome, although leveling courses may be required.

Many students select the Financial Management option, which provides a generalist approach to the degree while allowing flexibility to tailor the program to their needs. For students wanting a more focused program, six concentrations are available.

  • Investment Management: For students interested in pursuing a career in security analysis and portfolio management. This concentration emphasizes material required for the Chartered Financial Analyst (CFA®) examinations.
    The MS Finance program at UTD is a member of the CFA® Institute University Recognition Program. The investment management concentration in the MS Finance program has been acknowledged as incorporating at least 70 percent of the CFA® Program Candidate Body of Knowledge (CBOK) and placing emphasis on the CFA® Institute Code of Ethics and Standards of Practice within the program. This program positions students well to obtain the Chartered Financial Analyst® designation, which has become the most respected and recognized investment credential in the world.
  • Financial Analyst: For students interested in corporate finance, investment banking, venture capital, private equity, or corporate restructuring and turnarounds. Students will learn the skills necessary to address the financial challenges faced by the firm.
  • Financial Risk Management: For students with the quantitative ability to pursue a career applying quantitative methods to risk management problems. The concentration emphasizes material required for the Financial Risk Manager (FRM®) examinations.
  • Management of Financial Institutions: For students interested in careers in banking or other financial institutions.
  • Real Estate: For students interested in careers in the real estate industry, including development, appraisal, brokerage, asset management, property management and real estate investment analysis.
    UT Dallas is recognized as an alliance university with the CCIM industry group (Certified Commercial Investment Member Institute) and students may qualify for a waiver of some CCIM courses, should they decide to pursue the CCIM designation.
  • Financial Information Management: For students interested in applying information technology to financial analysis, investment management and trading.

Although these concentrations are not listed on the diploma or transcripts, the specified course sequences are designed to give the best possible preparation for the respective career paths and professional certifications. It is recommended that students focus only on the course work within a particular concentration in order to prepare for its associated certification.

Welcome! Finance is a dynamic field full of exciting opportunities. UT Dallas offers many choices for the Masters of Science in Finance (MSF) degree. You can tailor your program to specific careers within a concentration in investment management, financial analyst, financial risk management, management of financial institutions, real estate or financial information management. Professional certification is vital in some career paths. The investment management concentration can help prepare you for the Chartered Financial Analyst (CFA®) examinations while the financial risk management concentration helps prepare students for the Financial Risk Manager (FRM®) examinations. Students in the real estate concentration pursuing the Certified Commercial Investment Member Institute (CCIM) designation may qualify for a waiver of some CCIM courses. You also have the option of tailoring the program to fit your specific career needs.

At UT Dallas, we have a number of resources to enhance the learning experience. We have an Electronic Business Data Lab where you can get trained and certified using the Bloomberg terminals. The lab also has access to a number of databases, including Capital IQ, SDC Platinum, Morningstar and Wharton Research Data Services. In addition to the Financial Leadership Association, UT Dallas is also active in the CFA Institute Research Challenge and other local and national case competitions where you can apply your classroom knowledge to real world scenarios. You can participate in the Student Managed Investment Fund, a UT Dallas Global Fund for graduates. These resources allow you to improve your quantitative and qualitative skills in making strategic financial decisions. Please browse our website or contact us to learn more about the Masters of Science in Finance program at UT Dallas.

Carolyn Reichert, PhD
Director, MS Finance Programs


Email
(972) 883-5854
Office – JSOM 3.423

Program Prerequisites

Note: The MS Finance program does not require applicants to have an undergraduate business degree. All undergraduate majors are welcome, although leveling courses may be required.

Calculus, basic statistics and competence in personal computing are required as prerequisites. Candidates who have not taken equivalent courses will need to take OPRE 6303 to meet the calculus requirement; OPRE 6301 to complete the basic statistics requirement, and MIS 3300 to complete the personal computing requirement. (Degree credit is not earned for program prerequisites. All grades earned in graduate courses impact a student’s cumulative GPA.)


Degree Plan for Summer 2013 and Earlier

The following degree information is for students admitted to the MS Finance program in Summer 2013 and earlier. For more information about the Degree Plan, please visit UT Dallas 2012 Graduate Catalog.

Download a copy of the Summer 2013 & Earlier Degree Plan.


Degree Plan for Fall 2013 and After

The following degree information is for students admitted to the MS Finance program in Fall 2013 and later. For more information about the Degree Plan, please visit UT Dallas 2013 Graduate Catalog.

Download a copy of the Fall 2013 & Later Degree Plan.


Course Descriptions

For more information about course description, please visit UT Dallas Course Catalog.

Admissions

The MS Finance program accepts students three times per year (Fall, Spring and Summer). For more information on the application process, please see Graduate Management Admissions. This link has information on GMAT, GRE, TOEFL, transcripts, deadlines and many other topics.

Three year degrees: You can still apply if you have a three year degree. If you have questions about degree equivalency and acceptance, please contact Enrollment Services or Graduate Management Advising for additional details.

For international students, information about applying for admission, financial resources, F-1 Visa, I-20 requirements and more can be found on the International Student Services Office webpage.


Tuition

UT Dallas offers a guaranteed tuition plan, so the credit hour rate when you start the program will not change during the program. Please visit the UT Dallas Bursar’s Office for complete details on tuition and fees. Most full time graduate students take 9 to 12 credit hours per semester. The entire program is 36 credit hours. To estimate the total cost of the program, take the appropriate tuition (resident or non-resident) for 9 credit hours and then multiply by 4.

Texas residency is not based on citizenship. It is based on when you moved to the state and how long you have continuously resided here. Please visit Residency for more details.


Scholarships and Assistance

The Office of Financial Aid offers both financial aid and UTD scholarship opportunities. To learn more about the qualification requirements and the application process, contact the Office of Financial Aid.

The Jindal School of Management also offers scholarships. We offer the Dean’s Excellence Scholarship program for new and returning students. This is a competitive scholarship program. The main criteria for new students starting the MS Finance program are the GRE or GMAT score and the undergraduate GPA. For more information on the scholarship and application process, please see Graduate Management Scholarships.

Assistantships (teaching and research) are awarded to PhD students first and then to second-year MS Finance students. They are very competitive, and only a few assistantships are available to MS Finance students. Assistantships are not available for first-year students.

MS Finance Student Profile

Class Statistics

Percentage or Number

Students in Program 506
Gender Male: 53%, Female: 47%
Average Age 25
Average GMAT 645
Average GPA 3.30
Country of Origin China: 72%, USA: 19%, Taiwan: 6%, Other: 3%

*GRE accepted as well.