Loyola University Chicago

Quinlan School of Business

Curriculum

Master of Science in Finance (MSF)

Completion of the Master of Science in Finance degree requires 12 courses, with additional prerequisite courses depending on academic background.

The curriculum is divided into three sets of courses: prerequisites, required courses, and electives. The required courses are designed to develop strong analytical and modeling skills. The electives include three career tracks — corporate finance, risk management, and asset management — and are aligned with professional designations including CFA, FRM, and CAIA. Ethical decision-making is woven throughout the program, which will help position you as a responsible leader in your organization.

Current Students
Students who began the program before Fall 2016 may pursue the program curriculum in effect when they entered their program or may switch to the revised curriculum outlined below. More details →

Prerequisites* (5)

  • Calculus: MATH 131, MATH 161, or equivalent
  • Principles of Micro/Macroeconomics: ECON 450, ECON 201, ECON 202, or equivalent 
  • Statistics: ISSCM 491, ISSCM 241, STAT 103, STAT 203, or equivalent
  • Introductory Accounting: ACCT 400, ACCT 201, or equivalent
  • Business Finance: FINC 450, FINC 332, or equivalent

Bloomberg Training is also required. Students should take this training either before starting the degree program or very early in the program.

Required Courses (9)

  • FINC 452: Investment Management
  • FINC 620: Financial Mathematics and Modeling I
  • FINC 621: Financial Mathematics and Modeling II
  • FINC 622/ECON 622: Derivative Securities
  • FINC 624: Interest Rate Risk Management
  • FINC 625: Applied Econometrics
  • FINC 626: Credit Risk Management and Structured Finance
  • MGMT 441/448: Ethics of Finance
  • FINC 630: Finance Capstone Course

Electives (Choose 3)

Choose three elective courses from one of the following three career tracks: corporate finance, asset management, and risk management.

Corporate Finance (CFA)

  • FINC 453: Topics in Advanced Financial Management
  • FINC 457: Cases in Corporate Finance
  • FINC 628: Valuation
  • ACCT 404: Financial Statement Analysis
  • FINC 556: Investment Banking

Asset Management (CFA/CAIA)

  • FINC 553: Applied Portfolio Management
  • FINC 599a: Special Topics in FINC, Fixed Income
  • FINC 628: Valuation
  • FINC 599b: Special Topics in FINC, Venture Capital/Private Equity
  • FINC 455: International Financial Management

Risk Management (FRM/CAIA)

  • FINC 599a: Special Topics in FINC, Fixed Income
  • FINC 628: Valuation
  • FINC 557: Enterprise Risk Management
  • FINC 455: International Financial Management
  • FINC 456: Management of Financial Institutions

* The prerequisite requirement is met if you have completed a minimum of one undergraduate course (3 credit hours) of comparable content in the prerequisite subject area within the last seven years with a grade of B (or equivalent) or higher.