Full-time Master of Science in Finance Academic Program FAQ
Admissions
Academic Program Related Questions
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There are two main differences: 1. program duration and 2. how many classes are taken each term. The 12-month program includes in-person fall, spring, and summer coursework. Classes are completed in late July and the conferral date (date on your diploma) is in August. For students starting in the 12-month program in Fall 2024, the conferral date will be August 22, 2025. The 15-month program includes fall, spring, no summer coursework, and then additional fall coursework. Classes are completed and conferral date is in December. For students starting in the 15-month program in Fall 2024, the conferral date will be December 31, 2025. Tentative sample program plans with course sequence and credit load per term are shown below:
12-month program
Fall 1 - 2024
Fall 2 - 2024
Spring 1 - 2025
Spring 2 - 2025
Summer - 2025
210.620 Accounting and Financial Reporting
232.701 Investments
120.601 Business Communication
230.620 Financial Modeling and Valuation
131.601 Business Leadership and Human Values
231.620 Corporate Finance
232.610 Computational Finance
232.710 Derivatives
232.640 Empirical Finance
Elective 5
510.601 Statistical Analysis
232.620 Linear Econometrics for Finance
232.630 Non-Linear Econometrics for Finance
232.720 Fixed Income
Elective 1
Elective 2
Elective 3
Elective 4
15-month program
Fall 1 - 2024
Fall 2 - 2024
Spring 1 - 2025
Spring 2 - 2025
Summer - 2025
Fall I - 2025
Fall II - 2025
210.620 Accounting and Financial Reporting
232.701 Investments
120.601 Business Communication
230.620 Financial Modeling and Valuation
131.601 Business Leadership and Human Values
Elective 4
231.620 Corporate Finance
232.610 Computational Finance
232.630 Non-Linear Econometrics for Finance
232.640 Empirical Finance
Elective 3
Elective 5
510.601 Statistical Analysis
232.620 Linear Econometrics for Finance
232.710 Derivatives
232.720 Fixed Income
Elective 1
Elective 2
*This is a sample program plan that is subject to change.
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Yes, both programs are 36-credits include the Financial Econometrics area of concentration which is STEM designated.
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Yes, the 12 and 15-month programs have the same curriculum that includes the CFA Institute’s Candidate Body of Knowledge, preparing you to sit for the CFA exams.
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The 12-month and 15-month versions of the program are each taught at both of our locations. You must submit an application to one version of the program at one location. You may not apply to multiple versions of multiple locations at the same time.
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The 15-month program is ideal for those who plan to use the summer to gain practical experience rather than taking Carey courses. This may include participating in consulting projects with community businesses, joining travel-based leadership courses, or applying to internship programs or full-time employment. International students should contact the Office of International Services to check full or part-time work eligibility based on visa status.
This track is also ideal for students looking for a lighter courseload per term. A lighter courseload increases capacity to attend co-curricular programming, participate in faculty research, and/or engage in the local community.
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The 12-month program is ideal for those looking to gain a masters degree in one year to enter the job force right away. This program is also ideal for those looking to pursue a second degree at Carey, obtaining two masters degrees in two years
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No, there are no practicum or internship electives in the 12 or 15-month curriculum.
Note: 15-month program International students who apply and are approved for CPT will be enrolled in a zero credit course titled BU.001.600 Graduate Internship Project. For more information on CPT, please visit: https://ois.jhu.edu/Students/Current_F1_Students/F-1_Training_and_Employment/Curricular_Practical_Training/index.html.
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Students accepted to the 12-month program can request a deferral to the following year, but they can only defer to the 12-month version of the program. If interested in the 15-month program the following year, students must reapply.
Students accepted to the 15-month program can request a deferral to the following year, but they can only defer to the 15-month version of the program. If interested in the 12-month program the following year, students must reapply.
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Yes, students in both programs may be in some of the same sections of classes in fall and spring.
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Full-time Master of Science students are required to attend classes in-person in fall, spring, and summer terms. Students who receive a full-time job offer related to their studies beginning in June or July (their final summer term) can provide that job offer to the Programs leadership team to request the ability to take summer classes remotely (synchronous online, meaning on a certain day of the week and at a certain time via Zoom) in order to be able to accept that job offer. Requests will be denied for part-time or internship work. Requests are approved rarely, and only when there is space and capacity to do so. Students with a job offer are not guaranteed virtual classes in the summer term, and we highly recommend all students plan to be in-person for their summer courses. In the past, students have struggled to balance the rigorous full-time coursework with full-time employment. Only students in good academic standing will have requests reviewed. International students should contact the JHU Office of International Services at OIS@jhu.edu to determine eligibility to work in the United States based on their visa.
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The 15-month program is solely in-person. There is no option to be online.
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As this is the first year we are piloting the 15-month course sequence, we don’t know how many applications we will receive. There are fewer seats in the 15-month program as we are piloting the new course sequence, but the curriculum is the same. Students cannot apply for more than one version of the program at a time.
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Your diploma will show program name as MS in Finance, whether you take the 12 or 15-month program. The only difference for the 15-month program is that your transcript will show courses taken across two academic years and the program name on transcript will indicate the 15-month program.
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Yes, class sizes are the same. Class sizes at Carey vary from 28-60.
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The 12-month program students graduate in August (Conferral date in late August). For students starting in the 12-month program in Fall 2024, the conferral date will be August 22, 2025. The 15-month program students graduate in December (Conferral date in late December). For students starting in the 15-month program in Fall 2024, the conferral date will be December 31, 2025. There is one graduation ceremony in May each year. Students who graduate in the 12 and 15-month program can participate in the May ceremony prior to or after program completion.
Tuition and Billing Related Questions
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The tuition for the 15-month program plan in the full-time Master of Science in Finance will be 3-5% more than the tuition for the 12-month program plan. Tuition costs noted are projections. Tuition rates for 2024-2025 will be approved by the Johns Hopkins University Board of Trustees and published in Spring 2024.
The tuition differential for the 15-month program plan supports the additional co-curricular events and student resources, such as career coaching and academic advising, that will benefit students during their extended time on campus.
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We are dedicated to serving our students, colleagues, and the greater Carey community in a compliant and equitable manner. There are no differences in financial aid eligibility for the 12 and 15-month program. Carey offers numerous options for financing your education, including scholarship aid, loans, payment plans, and tuition reimbursement available to those who qualify.
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Students in the 12-month program should plan to be in the Baltimore or Washington D.C. area from mid-August to early August of the next year. Students in the 15-month program should plan to be in the Baltimore or Washington D.C. area from mid-August to end of December of the following year, but students are not required to be in the area during the summer term. All important dates can be found on the academic calendar.
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Students will be billed for health care for each semester in which they are enrolled. Summer terms are not billed separately and are included in the spring semester.
- Fall 2024: August 15, 2024- December 31, 2024
- Spring 2025: January 1, 2025 – August 14, 2025
- Fall 2025: August 15, 2025 – December 31, 2025
Engagement Opportunities
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Yes, students who graduate in August can apply to immediately start a second degree. Students who graduate in December can also apply to start a second degree in January, but not all academic programs have a January start date.
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Carey has a variety of student organizations available to engage with and hone your leadership skills. Students in the 15-month program would be able to serve in organization leadership positions longer.
Case Competitions are hosted nationally and internationally year-round. MBA competitions
Students in the 15-month program can apply to participate in summer travel-based courses like Global Immersion or Leadership Development Expeditions as well.
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The Career & Life Design team tailors our support to the needs of each Carey Business School student. In collaboration with Carey Employer Relations, Alumni Relations, Experiential Learning, Student Affairs, and JHU's Integrative Learning and Life Design, we help connect students to internships, jobs, alumni and industry partners, and industry networking and career growth opportunities. We will collaborate with any student who is interested in landing a summer internship, but there is no guarantee. Our team can help students prepare, search, and apply for internship opportunities, but is the student’s responsibility to drive the process.