Master of Finance

Rady School of Management

Program Description
AACSB Accredited

Master of Finance

Rady School of Management



The STEM Designated Master of Finance program at UC San Diego's Rady School of Management prepares graduates to tackle significant challenges facing the financial sector.

Rady School Master of Finance graduates have secured positions with organizations such as Goldman Sachs, JP Morgan Chase, Altegris, CITIC Securities, Drobny Capital, Rayliant Global Advisors, Gurtin Municipal Bond Management, PhoenixMart, Meritco Services, Dimensional Fund Advisors, UBS, and Stanford University.

The Home of Econometrics

The Rady School is in a unique position to offer a Master of Finance that emphasizes quantitative methods, empirical work and financial econometrics. UC San Diego has a rich tradition in empirical and theoretical econometrics. Some of the most widely-used empirical models developed from the research of UC San Diego faculty. The emphasis on rigorous empirical data-driven methods differentiates the Rady School’s Master of Finance from programs specializing in financial engineering.

Our Faculty Shaped the Industry

The Rady School of Management’s Master of Finance degree provides rigorous, hands-on training preparing graduates to immediately contribute in environments where quantitative and analytical skills are at a premium.

You will learn leading-edge methods for analyzing "big data" for financial decision making and risk management. The program’s emphasis on quantitative models and methods ensures graduates are equipped to develop innovative solutions to the complex problems facing the financial industry.

Admissions

Master of Finance applicants will have exceptional quantitative skills, strong interest in the analytical foundations of finance and of risk management, and a desire to have an impact in the financial sector.

Schedule Options

Students have the option of completing the program in one year or electing to complete the program in fifteen months by choosing to seek a summer internship and then return to Rady for a final quarter.

Careers In Finance

Finance professionals skilled at producing forecasts of business, industry and economic conditions and financial risk management are in demand in investment institutions across the globe. The United States Bureau of Labor and Statistics expects the risk management field within business to grow at an average rate of 13 percent over the next decade. Longer term career paths may include, but are not limited to, chief risk officer, chief finance officer, risk managers,and as the head of risk management in banks and investment banks, stock exchanges, asset management companies, mutual funds, hedge funds, insurance companies, private equity firms, large corporations, credit rating agencies and regulators.

Master of Finance students receive career support from Career Connections. Through personal coaching, an array of programs and resources and a commitment to creating access to opportunities, Career Connections enhances your potential for success.

Curriculum

Foundations in Econometrics and Empirical Finance

The program emphasizes rigorous training in empirical finance, quantitative methods, financial econometrics, data analysis and risk management. Students are given a solid foundation in econometric modeling and empirical finance. This program satisfies the growing demand for graduates who are able to understand and implement financial models and to innovate and improve upon current empirical methods using structured and non-structured data.

The Master of Finance program is a 52-unit STEM Designated degree program. The curriculum consists of four core courses, eight 4-unit elective courses and a 4-unit capstone. There is also a mandatory Pre-Term Orientation approximately 2 weeks before Fall quarter.

Required and Recommended Courses

The program of study is expected to be completed over four consecutive quarters, which is one full year including the summer quarter.

Required Core Courses

  • MGTF 401 Financial Accounting
  • MGTF 402 Investment Analysis
  • MGTF 403 Advanced Financial Risk Management
  • MGTF 404 Financial Econometrics and Empirical Methods

Elective Courses

Master of Finance students must complete 32 units of offered elective courses, including coursework in Professional Development. Among potential electives:

  • MGTF 405 Business Forecasting
  • MGTF 406 Behavioral Finance
  • MGTF 407 Valuation in Corporate Finance
  • MGTF 408 Real Estate Finance
  • MGTF 409 Mergers, Acquisitions, and Corporate Restructurings
  • MGTF 410 New Venture Finance
  • MGTF 411 Stochastic Calculus and Continuous Time Finance
  • MGTF 412 Financial Statement Analysis
  • MGTF 413 Computational Finance Methods
  • MGTF 414 Analyzing Large Data
  • MGTF 415 Collecting and Analyzing Financial Data

Professional Development

Master of Finance students complete coursework focusing on professional development.

MGTF 417 Professional Communications addresses the communication skills required for effective professionals in the financial services sector. Includes presentations and report writing, as well as networking and career-related communications.

MGTF 416 Professional Seminars Finance introduces industry trends and issues and includes regular industry discussion forums on current events and issues.

Capstone

MGTF 490 Capstone: Applied Finance Project

The Master of Finance capstone is a project-based course; students complete a project that demonstrates the application of learning from the Master of Finance to a financial data or risk management project or initiative.

As a student, you will choose the focus area for your project, allowing you to delve deeply into a subject or problem of interest and demonstrate your skills and knowledge. This may be a project from your own experience or workplace or may focus on an area where you are interested in building a career after graduation. You may work with a team of fellow students or individually.

You will develop your project proposal for the Applied Finance Project during the third quarter of the program, defining the question you want to answer, the data and the methodology you will use, and what you expect to learn from the project. Consultation with faculty is an important part of the process and ensures that the Applied Finance Project is an extraordinary learning experience.

If a student does not have a topic of relevant or appropriate scope, possible projects for consideration will be provided.

Pre-term Orientation

Rady organizes a 1-2 week mandatory Pre-term Orientation for all incoming students. During this time, students will attend workshops about academic requirements, career services, and graduate student life, as well as refresher and introduction courses on various topics relating to the Master of Finance program, such as Matlab, Accounting, Statistics and Excel. Attendance is mandatory and exact dates will be posted approximately 1-2 quarters before Fall admission.

This school offers programs in:
  • English

Cost & Fees

$1152/unit (health insurance not included)

*Fees are subject to change

Entry Requirements

Undergraduate degrees in finance, economics, engineering, computer science, mathematics, physics, or statistics will be considered. Students with non-quantitative undergraduate degrees will be considered on an exceptional basis if they have work or internship experience in a quantitative field.

The following criteria will be considered for admission:

  • Post-university work, internship or research experience in a quantitative discipline.
  • A strong quantitative background including coursework in subjects such as linear algebra, multivariate calculus, differential equations, numerical analysis or advanced statistics and probability.
  • Experience with statistical and econometric applications (Examples: SAS, STATA, MatLab, R, S-Plus).
  • Experience with mathematical tools (Examples: MatLab, or Mathematica).

Application Checklist

A completed Master of Finance application will include the following components:

  1. Application Form
  2. Transcripts
  3. Resume or CV
  4. Quantitative Background
  5. Recommendations
  6. Statement of Purpose
  7. GMAT or GRE Scores
  8. TOEFL, IELTS or PTE Score (for international applicants only)
  9. Application Fee

Miscellaneous

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Last updated August 29, 2017
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2018
Duration
Duration
12 - 15 months
Full time
Price
Price
59,904 USD
Information
Deadline
Nov. 1, 2017
(Early decision deadline); December 1, 2017; February 1, 2018; April 1, 2018 (Final deadline for international applicants); June 1, 2018
Locations
USA - La Jolla, California
Start date: Sept. 2018
Application deadline Nov. 1, 2017
(Early decision deadline); December 1, 2017; February 1, 2018; April 1, 2018 (Final deadline for international applicants); June 1, 2018
End date Request Info
Dates
Sept. 2018
USA - La Jolla, California
Application deadline Nov. 1, 2017
(Early decision deadline); December 1, 2017; February 1, 2018; April 1, 2018 (Final deadline for international applicants); June 1, 2018
End date Request Info
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Master of Finance at the Rady School of Management, UC San Diego