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 to 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.
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.
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 a 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.
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 modelling 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 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.
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
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
Master of Finance students complete coursework focusing on professional development.
- MGTF 416: Professional Seminars Finance introduces industry trends and issues and includes regular industry discussion forums on current events and issues.
- 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 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.
About the School
The Rady School of Management at UC San Diego is a professional school within one of the top-ranked institutions in the U.S. for higher education and research. Established in 2003 and accredited by AA ... Read More