Master of Science in Finance

The Master of Science in Finance with a STEM-designated concentration in Financial Econometrics prepares you to lead and innovate. Because a career in finance requires responsibility as much as the ability to discover opportunity, our curriculum goes beyond simply learning how money and markets interact and equips graduates with a firm understanding of how to harness econometrics for business solutions.

Areas of study include capital markets, financial institutions, corporate finance, and corporate governance.

Students in the Master of Science in Finance program learn from world-class faculty including Dr. Federico Bandi, co-editor of the Journal of Financial Econometrics, which publishes leading research on the subject of finance and econometrics.

Core coursework focuses on fundamentals of valuation and analysis rooted in a practical understanding of economic and institutional forces with other topics including asset valuation of individual stocks, bonds, derivatives, currencies and other financial instruments with an emphasis on analyzing the prices of financial assets traded at competitive, liquid financial markets. Students have the option to complete their degree at the Baltimore Harbor East or Washington, D.C. campus locations.

Required courses (28 credits)

Business foundations (14 credits)

• BU.210.620 Accounting and Financial Reporting
• BU.120.601 Business Communication
• BU.131.601 Business Leadership and Human Values
• BU.231.620 Corporate Finance
• BU.220.620 Economics for Decision Making
• BU.232.701 Investments
• BU.510.601 Statistical Analysis

Functional core (14 credits):

• BU.232.610 Computational Finance
• BU.232.650 Continuous Time Finance
• BU.232.710 Derivatives
• BU.232.640 Empirical Finance
• BU.232.720 Fixed Income
• BU.232.620 Linear Econometrics for Finance
• BU.232.630 Non-Linear Econometrics for Finance

Electives (8 credits):

Students choose 4 courses from the following:

• BU.231.790 Advanced Corporate Finance
• BU.210.650 Advanced Financial Accounting
• BU.232.790 Advanced Hedge Fund Strategies
• BU.232.750 Advanced Portfolio Management
• BU.520.710 Big Data Machine Learning
• BU.231.720 Corporate Governance
• BU.232.770 Cryptos and Blockchain
• BU.232.725 Emerging Markets
• BU.233.730 Entrepreneurial Finance
• BU.230.750 Financial Crises and Contagion
• BU.231.710 Financial Institutions
• BU.230.620 Financial Modeling and Valuation
• BU.232.715 Financial Stability
• BU.230.730 Managing Financial Risk
• BU.231.740 Mergers and Acquisitions
• BU.220.610 The Firm and the Macroeconomy
• BU.232.730 Wealth Management