Finance, MS
for the Master of Science in Finance
Terminal masters: The Master of Science in Finance (terminal master's) is a 15 month program designed primarily for practitioners in finance-related positions. The program is designed to be completed in 15 months, beginning in August.
Admission requirements and other details about the program can be found on our website.
Admission
The minimum required grade point average for admission is 3.0 (A = 4.0). To be admitted without deficiencies, the applicant should have completed one undergraduate course each in computer science, financial accounting, managerial accounting, and principles of economics as well as two courses each in calculus, probability and statistics, and financial management. Courses to remove deficiencies may be taken after beginning the program, but such courses will not count toward the departmental requirements for graduation. All applicants are required to submit Graduate Management Admission Test (GMAT) or GRE scores. Most international applicants are also required to submit Test of English as a Foreign Language (TOEFL) IELTS or iBT scores. The test scores will be used by the Admissions Committee, along with other information, in evaluating the applicant’s qualifications for graduate study.
for the Master of Science in Finance
Terminal masters: The Master of Science in Finance (terminal master's) is a 15 month program designed primarily for practitioners in finance-related positions. The program is designed to be completed in 15 months, beginning in August.
Admission requirements and other details about the program can be found on our website.
For additional details and requirements refer to the department's graduate programs and the Graduate College Handbook.
For Students in the MSF Program
Students enrolled in the Master of Science in Finance as their primary degree program must fulfill the following requirements.
| Code | Title | Hours |
|---|---|---|
| Core courses | ||
| FIN 501 | Financial Economics | 4 |
| FIN 511 | Investments | 4 |
| Professional Development | 2 | |
| Professional Development (Must take for 2 hours) | ||
or FIN 585 | MSF Academy I | |
| Graduate Level Finance (FIN) Electives | 18 | |
| Other Graduate Coursework | 12 | |
| May include additional courses in finance (FIN). | ||
| Minimum Hours for Degree | 40 | |
For Students in the Finance Ph.D. Program
Students enrolled in the Finance Ph.D. program as their primary degree program can earn a Master of Science in Finance with the approval of the Director of Graduate Studies by completing 32 graduate hours of Finance (FIN) courses. For additional details and requirements consult an advisor and/or refer to the Graduate College Handbook.
| Code | Title | Hours |
|---|---|---|
| Total Finance (FIN) Hours | 32 | |
Other Requirements
| Other Requirements may overlap | |
| Minimum 500-level Hours Required Overall | 12 |
| Minimum GPA: | 3.0 |
for the Master of Science in Finance
Upon graduation, students will be able to:
- Demonstrate an in-depth understanding of the various functional areas of financial management in a global setting.
- Apply core knowledge to new and unfamiliar circumstances and unpredictable environments.
- Perform quantitative analysis and use mathematical and statistical analysis in finance problems.
- Work effectively on team projects with people from a variety of professional and cultural backgrounds.
- Demonstrate effective oral and written communication skills.
for the Master of Science in Finance
Department of Finance
Chair of Department: Louis Chan
Director of Graduate Studies: Martin Widdicks (MSF)
Finance Department website
340 Wohlers Hall, 1206 S. Sixth Street, Champaign, IL 61820
(217) 244-2239
Finance email
Gies College of Business
Gies College of Business website
Admissions
Graduate College Admissions & Requirements