The MS in Finance curriculum consists of the Jumpstart business boot camp in June, the Finance Core in July, electives, and a capstone project course. Jumpstart will introduce nonbusiness students to business topics, including financial accounting, economics, and data modeling.
The Finance Core—required of all students—is a concentrated immersion in basic financial economics and introduces students to the foundational principles of finance, including the concepts of complete markets, no-arbitrage pricing, and market efficiency. Finance Core is the beginning of your Kelley MS in Finance degree coursework.
Students with a business degree can complete the degree in 11 months (July through May). Students without a business degree are required to take Jumpstart and will graduate in 12 months (June through May).
F516: Corporate Finance and Valuation
How do pharmaceutical firms like Merck decide which projects to fund? What sources of capital can a start-up firm tap? What role does the internal capital market at Samsung play? How are such firms valued by investors? How did Kraft value the synergies it expected from Cadbury and why was Warrant Buffett averse to a stock deal between the two firms?
Finance offers a rigorous analytical framework with which to analyze such financing and investment decisions of individuals and firms. A study of this framework will help you make value-creating financial decisions for yourself and your firm. Participants will learn how the decisions of a company affect shareholder value. We will also study how shareholder value is affected by a firm’s financing decisions, such as the choice of using debt or equity capital.
F521: Financial Market Strategies
This course focuses on valuation and trading strategies in capital markets, by evaluating the return and risk of financial securities using quantitative methods. This includes topics in advanced portfolio theory, general asset pricing, bond pricing, bond trading strategies, derivative pricing, and hedging strategies. In a nutshell, this course attempts to provide you with a grasp of the demand side of the financial securities markets.