MBA/MS-Finance

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

MBA Core Courses (5 courses/15 credits)

 

BPS 516
MIS 525
MKT 515
OB 510
OM 521

Corporate Social Responsibility
Computer and Information Systems
Marketing Management
Organization Behavior
Operations Management

MBA Applied Integrated Management (AIM) (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

MBA Electives (3 courses/9 credits) or Optional Concentration (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.

MSF Foundation Courses (0-4 courses/0-12 credit hours)

      

ACC 505
BE 530
DS 520
FIN 531

Developing and Interpreting Financial Information
Economic Analysis: Firm and Consumer
Applied Statistical Modeling
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

  • Prepares students to work with businesses' financial tactics and strategy
  • Available on campus, on-line, or a combination of the two

MSF Required Courses (3 courses/9 credits)

FIN 581
FIN 650
FIN 652

Topics in Corporate Finance
Corporate Valuation and Strategy
Derivatives and Risk Management

MSF Accounting Electives (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
ACC 608
ACC 514
ACC 509
ACC 510
ACC 516
ACC 601
ACC 603

Cost Management
Financial Statement Analysis
Financial Reporting
Introduction to Federal Income Taxation
Advanced Federal Income Taxation
Advanced Financial Accounting I
Information Technology Auditing
Controllership

MSF General Electives (2-5 courses/6-15 credit hours)

BE 583
FIN 651
FIN 654
FIN 655
BA 690
BI 500

The Global Economy: Crisis and Growth
Investment Process, Analysis and Management
Financial Intermediation
International Financial Management
Graduate Research
Business Internship

        At most one of the following:

DS 630
DS 631
DS 632

Applied Forecasting
Decision Analysis
System Simulation

MSF Investments Concentration

  • Prepares students to analyze investments, construct investment portfolios, and advise clients on investment selection and portfolio strategy
  • Available on campus; includes some on-line course options
  • Calculus is not required for admission but is a prerequisite for the elective course FIN 656 (Fixed Income Securities)

MSF Required Courses  (4 courses/12 credits)

ACC 608
FIN 651
FIN 652
FIN 653

Financial Statement Analysis
Investment Process, Analysis and Management
Derivatives and Risk Management
Topics in Investments and Capital Markets

MSF Elective Courses (3-6 courses/9-18 credit hours)

BE 583
FIN 581
FIN 654
FIN 655
FIN 656
BA 690
BI 500

The Global Economy: Crisis and Growth
Topics in Corporate Finance
Financial Intermediation
International Financial Management
Fixed Income Securities
Graduate Research
Business Internship

        At most one of the following:

DS 630
DS 631
DS 632

Applied Forecasting
Decision Analysis
System Simulation

 

Breadth Requirements 

  • 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.

Course Waivers, Exemptions and Transfer Credit

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.