The MBA/MS-Finance combines a broad managerial education with specialized training required for success in the financial professions.

Students select either the corporate finance or the investments concentration in the MS-Finance. The program is open to students with strong quantitative and analytical skills, regardless of their undergraduate major. 

The program allows students to receive both the MBA and MS-Finance simultaneously upon completion of the required 57-66 credit hours.

You may complete the program on campus, on-line, or any combination of the two, depending on which program options you select. You may enroll on a full- or part-time basis, but course availability is greatest during the fall and winter semesters.  

Admission is rolling, and you may begin the program in September or January. May admission is also usually possible for part-time students.

University of Michigan-Dearborn students who have been admitted to the MBA/MS-Finance may take up to 6 graduate credits during the final semester of their undergraduate program.

Curriculum

The MBA/MS-Finance requires 19-22 courses or 57-66 credit hours.

  • (5 courses/15 credits)

    BPS 516 - Corporate Social Responsibility
    MIS 525 - Computer and Information Systems
    MKT 515 - Marketing Management
    OB 510 - Organization Behavior
    OM 521 - Operations Management

  • (4 courses/12 credits in three areas)

    • International Business (3 credits) from: BE 583 The Global Economy: Crisis and Growth (no credit if you have already completed BE 580), FIN 655 International Financial Management, MKT 622 Global Marketing, OB 610 International Dimensions of Management, OM 571 Supply Chain Management
    • Capstone (3 credits): BPS 535 Strategic Planning and Decision Making
    • General AIM Courses (6 credits) from: ACC 616 Corporate Actions and Reactions, BA 605 Managerial Decision Making, BPS 585 Managing Strategic Innovation and Change
  • (3 courses/9 credits)

    Tailor the degree to your own interests with an optional MBA concentration in Accounting, International Business, Management Information Systems, Marketing or Supply Chain Management. (Students in the dual-degree program may not earn the MBA Finance concentration.) 

    Alternatively, you may elect courses from our extensive list of graduate business courses.  Students may count up to 3 credits in non-business graduate courses or Business Internship (BI 500, 505, or 560) toward the MBA electives with the approval of the Graduate Programs Office.

  • (0-4 courses/0-12 credits)

    ACC 505 - Developing and Interpreting Financial Information
    BE 530 - Economic Analysis: Firm and Consumer
    DS 520 - Applied Statistical Modeling
    FIN 531 - Finance Fundamentals and Value Creation

    Each is required, but at most 3 courses/9 credits of foundations may be counted toward the 57-66 required credits. Previous equivalent undergraduate or graduate coursework may qualify students to exempt any of the foundation courses. 

  • Students choose either the MSF Corporate Finance concentration or the MSF Investments concentration.

MSF Corporate Finance Concentration

This concentration prepares students to work with businesses' financial tactics and strategy. Courses are available on campus or on-line.

  • (3 courses/9 credits)

    FIN 581 - Topics in Corporate Finance
    FIN 650 - Corporate Valuation and Strategy
    FIN 652 - Derivatives and Risk Management

  • (2 courses/6 credits)

    Two courses from the following, at least one of which must be ACC 555, ACC 608 or ACC 614:

    ACC 555 - Cost Management
    ACC 608 - Financial Statement Analysis
    ACC 514 - Financial Reporting
    ACC 509 - Introduction to Federal Income Taxation
    ACC 510 - Advanced Federal Income Taxation
    ACC 516 - Advanced Financial Accounting I
    ACC 601 - Information Technology Auditing
    ACC 603 - Controllership

  • (2-5 courses/6-15 credit hours)

    BE 583 - The Global Economy: Crisis and Growth
    FIN 651 - Investment Process, Analysis and Management
    FIN 654 - Financial Intermediation
    FIN 655 - International Financial Management
    BA 690 - Graduate Research
    BI 500 - Business Internship

    At most one course from:

    DS 630 - Applied Forecasting
    DS 631 - Decision Analysis
    DS 632 - System Simulation

MSF Investments Concentration

This concentration prepares students to analyze investments, construct investment portfolios, and advise clients on investment selection and portfolio strategy. Courses are available on campus with some on-line course options.

Calculus is not required for admission but is a prerequisite for the elective course FIN 656 (Fixed Income Securities).

  • (4 courses/12 credits)

    ACC 608 - Financial Statement Analysis
    FIN 651 - Investment Process, Analysis and Management
    FIN 652 - Derivatives and Risk Management
    FIN 653 - Topics in Investments and Capital Markets

  • (3-6 courses/9-18 credit hours)

    BE 583 - The Global Economy: Crisis and Growth
    FIN 581 - Topics in Corporate Finance
    FIN 654 - Financial Intermediation
    FIN 655 - International Financial Management
    FIN 656 - Fixed Income Securities
    BA 690 - Graduate Research
    BI 500 - Business Internship

    At most one course from:

    DS 630 - Applied Forecasting
    DS 631 - Decision Analysis
    DS 632 - System Simulation

Program Details

    • Complete MBA AIM courses in at least 3 different disciplines
    • Complete no more than 4 AIM, MBA Concentration, and Elective courses (12 credits) in any one discipline other than Finance
    • Complete at least 5 BE and FIN courses (15 credits), excluding BE 530 and FIN 531
    • Complete no more than 7 courses (21 credits) in Finance, excluding FIN 531
    • Complete graduate business courses in at least 7 different disciplines 
       

    No single course may be counted toward more than one requirement or concentration in the dual degree program.

  • MBA Core Course Waivers

    Students may waive BPS 516, MIS 525, MKT 515, OB 510 or OM 521 if they have equivalent courses in an AACSB business program completed within the previous 10 years and have earned at least a 3.2 post-60 GPA (that is, your GPA in courses taken after your first 60 undergraduate credit hours). Students who do not meet these criteria may request to have their courses evaluated for waiver credit at the time of admission. Students must have earned a B or better in equivalent courses as a part of a degree program completed within the previous 10 years.  
     

    MSF Foundation Course Exemptions

    Previous coursework deemed substantially similar to ACC 505, BE 530, DS 520 or FIN 531 may qualify to exempt students from those courses. Students who use more than one MSF Core Course exemption must replace those courses with elective courses within their MSF concentration.

     

    Regardless of waiver and exemption credits granted, students must earn at least 57 credits in the dual-degree program.

    In addition, up to 6 transfer credits for previous equivalent graduate coursework can be applied to the degree if those credits have not been counted toward a degree.

    Exemptions, waivers and transfer credit are granted at the discretion of the program faculty.

  • Master of Business Administration

    Goal 1: Students will have an understanding of the core business disciplines and be able to apply this knowledge to global business situations.

    Objectives: MBA students will:

    1. Demonstrate knowledge of disciplinary concepts, terminology, models, and perspectives.
    2. Identify business problems and apply appropriate solutions (problem-finding/problem-solving).
    3. Integrate knowledge across disciplinary areas (integrative thinking).
    4. Apply knowledge in a global environment.
       

    Goal 2: Students will be effective communicators.

    Objectives: MBA students will:

    1. Demonstrate an ability to effectively communicate in a manner that is typically required of a business professional.
       

    Goal 3: Students will appreciate the importance of ethical/corporate social responsibility principles.

    Objectives: MBA students will:

    1. Identify and explain alternative approaches to ethical/corporate social responsibility issues.


    Master of Science in Finance

    Goal 1:  Students will demonstrate analytical skills in solving problems.

    Objectives of the Corporate Finance concentration:  MS in Finance students will have the ability to:

    1. Analyze and manage risk in a global setting.
    2. Estimate the value of real assets.
    3. Evaluate managerial decisions concerning financial policy.​


    Objectives of the Investments concentration:  MS in Finance students will have the ability to:

    1. Analyze and manage risk in a global setting.
    2. Estimate the value of financial assets.
    3. Apply portfolio theory concepts to construct optimal risky assets portfolios that meet the objectives and constraints of their clients.


    Goal 2:  Students will be persuasive and/or informative communicators.

    Objective 1:  MS in Finance students will be able to convey finance knowledge through effective communication.