Master of Science in Finance (MSF)
Prepare for a successful career in risk management, asset management, or corporate finance.
Our Master of Science in Finance program will provide you with specialized knowledge of financial securities, financial markets, risk metrics, investment criteria, capital budgeting techniques and hedging strategies.
You will also have general modeling and analytical skills, including the ability to write computer programs, work with databases, simulate outcomes, perform regression analysis, and solve constrained optimization problems.
CFA Institute Recognition
We are the only Chicago-area MSF program recognized by the CFA Institute, which indicates that our curricula is closely tied to professional practice and can help you prepare for the Chartered Financial Analyst (CFA) exams. Learn more →
The MSF has been granted a STEM designation because of its emphasis on teaching students how to solve complex finance problems with a suite of quantitative and technological tools, including a requirement that all MSF students learn coding.
Under this STEM classification, international students can extend their training in the U.S. by working in their field of study. Students can qualify for a 24-month OPT (Optional Practical Training) Extension, bringing the total OPT time granted to 36 months.
Loyola's MSF graduates work at investment and commercial banks, investment funds (hedge funds, venture capital funds, mutual funds), insurance companies, trading firms, manufacturing and service companies, consulting firms, and rating agencies as bankers, brokers, portfolio managers, analysts, traders, risk managers, and programmers.
In the last three years, our MSF graduates have been hired by top firms, such as Morningstar, Bank of America, Fifth Third Bank, Morgan Stanley, Merrill Lynch, Discover, GE Capital, Goldman Sachs, and more.
Prepare for the FRM Designation
We are one of 35 graduate finance programs officially designated as an academic partner of the Global Association of Risk Professionals (GARP). This designates our program as ideal preparation for the Financial Risk Manager (FRM) designation, which is the leading professional credential in the fast-growing profession of risk management. Read more →
MSF Program Structure
Graduate courses for the MSF program may be completed on a full-time or part-time basis. You can complete the degree in approximately 12—15 months of full-time study, depending on the pace you choose and the number of courses required.
Classes are held weekday evenings on Loyola's Water Tower Campus, which is conveniently located off the Red Line in downtown Chicago, as well as online. The MSF program is on a 10-week quarter system, and you can begin the program in any quarter.
Benefits of the MSF program
- Prepare for a range of employment options, including joining corporate treasuries, investment banks, insurance companies, and large nonprofit organizations
- Gain analytical skills to solve complex financial problems
- Join an impressive network of successful alumni, many of whom live and work in the Chicago area
- The industry leaders on the Financial Advisory Board ensures that our curriculum—and your MSF degree—remains relevant and cutting edge