MS in Finance

Admission is rolling, and you may begin the program in the fall or winter semesters. Summer semester admission is also open to part-time domestic students.

Learn more about our admission criteria and process.

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

You can complete the MS in Finance in the evenings on campus, online, or in a hybrid format. You may enroll on a full- or part-time basis during the fall and winter semesters, and some courses are often available during the summer.  Most of our students enroll on a part-time basis, but full-time students can usually complete the program within 12-16 months.

(0-4 courses/0-12 credit hours)

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

Previous equivalent undergraduate or graduate coursework may qualify students to exempt any of the foundation courses. Students may complete the MS-Finance in 30 credit hours if they have completed one or more equivalent courses, with a converted grade of "B" or better, before admission.  Otherwise, students complete all four foundation courses in the program, for a total of 33 credit hours.

(3 courses/9 credit hours)

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

(2 courses/6 credit hours)

Two courses from the following, at least one of which must be ACC 514, ACC 555 or ACC 608:

ACC 514 - Financial Reporting
ACC 516 - Advanced Financial Accounting I
ACC 555 - Cost Management
ACC 560 - Introduction to Federal Income Taxation
ACC 601 - Information Technology Auditing
ACC 603 - Management Control Systems
ACC 608 - Financial Statement Analysis
ACC 660 - Advanced Federal Income Taxation

(2-5 courses/6-15 credit hours)

BE 583 - The Global Economy: Crisis and Growth
FIN 651 - Investment Process, Analysis and Management
FIN 654 - Banking, Insurance, and Fintech
FIN 655 - International Financial Management
FIN 656 - Fixed Income Securities
FIN 657 - Investment Fund Management

With advisor approval, students may elect:
BA 690 - Graduate Research
BI 500 - Business Internship

Or one course from:
DS 630 - Applied Forecasting
DS 631 - Decision Analysis
DS 632 - System Simulation

(0-4 courses/0-12 credit hours)

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

Previous equivalent undergraduate or graduate coursework may qualify students to exempt any of the foundation courses. Students may complete the MS-Finance in 30 credit hours if they have completed one or more equivalent courses, with a converted grade of "B" or better, before admission.  Otherwise, students complete all four foundation courses in the program, for a total of 33 credit hours.

(4 courses/12 credit hours)

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 - Banking, Insurance, and Fintech
FIN 655 - International Financial Management
FIN 656 - Fixed Income Securities
FIN 657 - Investment Fund Management

With advisor approval, students may elect:
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

• Complete at least 15 BE and FIN credits, excluding BE 530 and FIN 531
• Complete at least 30 credits in the degree program
   

At most 3 courses/9 credits of the 4 required foundations courses may count toward the 30-credit degree requirement. Previous undergraduate or graduate coursework deemed substantially similar to ACC 505, BE 530, DS 520 or FIN 531 may qualify to exempt students from those courses. Exempt courses must be replaced with elective courses within the 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 and transfer credit are granted at the discretion of the program faculty.

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.