Master of Science in Applied Finance

Required Courses

• ACCT 632 Financial Statement Analysis (2)
• ACCT 652 Accounting Information and Control Systems (4)
• BSCI 650 Personal and Leadership Development Workshop (1)
• DESC 656 Quantitative Analysis for Business Operations (4)
• ECNM 658 Economics for Investment Decisions (4) ¹   
• FINC 614 Corporate Finance (4)
• FINC 638 Financial Modeling (2)
• FINC 650 Derivatives and Risk Management (4)
• FINC 667 Global Capital Markets and Institutions (4)
• FINC 669 Investments and Portfolio Management (4)
• PGBS 560 Career Seminar (0) ² 

Electives

Students are required to complete 8 units of electives from the list below.

Elective course availability will vary per term and year based on instructor availability, enrollment, and program needs. Although elective courses are not guaranteed to be scheduled on a regular cycle, students will be provided a choice of relevant options from the program’s elective list during course registration.

• DESC 621 Valuation of Real Options (2)
• FINC 630 Private Capital Markets (2)
• FINC 641 Fixed Income Securities (4)
• FINC 643 Real Estate Investments and Finance I (3)
• FINC 671 Ethical Perspectives in Financial Analysis and Valuation (2)
• FINC 672 Introduction to Financial Econometrics (2)
• FINC 668 Valuation and Corporate Combinations (4)
• FINC 698 Contemporary Issues in Finance (1-3)
• PGBS 698 Contemporary Issues in Business and Management (0-4)

Optional Fourth Trimester

Students have the opportunity to enroll in an optional practicum to further apply and enhance their knowledge. The practicum will be completed in the fourth trimester and there may be additional tuition charges depending on the option selected.

Students must have a minimum CGPA of 3.0 to be eligible for the practicum and will need to submit a petition to the program office for consideration. There are four options, and each is designed to span one trimester:

1. PGBS 695 Internship (0-8)  (0 units required) Students will be required to complete a full-time internship.
2. PGBS 696 Field Project (0-2)  (2 units required) Students will need to identify a field project topic to be approved by a sponsoring faculty and the chair of the MSAF program committee.
3. PGBS 697 Applied Research (2)  Students will need to identify a research topic to be approved by a sponsoring faculty and the chair of the MSAF program committee.
4. PGBS 691 Study Abroad (0-16)  Students may spend a trimester abroad as a full-time student at one of the Graziadio School international partner business schools. Upon approval by the program office, 12 units of course work of comparable scope and content may be taken at the international partner school. Students will enroll at the Graziadio School in the appropriate number of PGBS Study Abroad course units. When the courses are completed at the international partner university, their course designation will be added to the enrollment record so that they will appear on the student’s transcript. These courses will be graded credit or no credit only.

Notes

1. Students who have passed Level 1 of the CFA exam are eligible to waive the ECNM 658 course. In lieu of ECNM 658, students will complete four additional units of elective coursework.
2. Students must complete career development requirements before registering for the final trimester of study.