The Master of Science program in finance requires a minimum of 42-45 s.h. of graduate credit. A cumulative g.p.a. of at least 2.75 is required in all course work.
The M.S. with a major in finance requires the following course work.
Corporate Financial Reporting (MBA:8140) and Managerial Finance (MBA:8180) may be waived for accounting or finance undergraduate majors who earned a minimum g.p.a. of 3.25 or passed the Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA, Level 1) Examination; ACCT:9030 Financial Accounting Standards and Analysis is highly recommended as a substitute elective for these students. Students should consult their advisor.
|FIN:9150||Financial Modeling and Firm Valuation||3|
|FIN:9220||Fixed Income Securities||3|
|FIN:9280||Global Structured Finance||3|
|MBA:8130||Business Communication (taken three times for 1 s.h. each)||3|
|MBA:8140||Corporate Financial Reporting||3|
|MBA:8170||International Economic Environment of the Firm||3|
Elective credit varies for students. The following elective course work is possible. Students should consult their advisor.
|All students must complete one of the following experiential elective options:|
|FIN:7975||Thesis in Business||arr.|
|FIN:9225||Applied Fixed Income Analysis - Fixed Income Fund||3|
|FIN:9250 & FIN:9260||Applied Securities Analysis - Henry Fund I-II||6|
|FIN:9390||Putting Finance into Practice||3|
|Any of these:|
|FIN:9140||Corporate and Financial Risk Management||3|
|FIN:9230||Real Estate Finance and Investments||3|
|FIN:9290||Alternative Investments and Portfolio Strategies||3|
|FIN:9300||Corporate Investment and Financing Decisions||3|
|FIN:9310||Corporate Financial Strategy||3|
|ACCT:9030||Financial Accounting Standards and Analysis||3|
|ACCT:9050||Taxes and Business Strategy||3|
|Courses in analytics, mathematics, statistics, or actuarial science (consult advisor)|
Applicants must meet the admission requirements of the Graduate College; see Manual of Rules and Regulations of the Graduate College.
- have earned a bachelor's degree from a U.S. college or university, or have earned an equivalent degree from another country;
- submit unofficial transcripts with their application and official transcripts for admission;
- have earned a minimum g.p.a. of at least 3.00 or the international equivalent;
- have taken the Graduate Record Examination (GRE) General Test or the Graduate Management Admission Test (GMAT) unless the applicant earned an undergraduate degree at the University of Iowa in business or other STEM designated field with a minimum g.p.a. of 3.25 or above, or if they have successfully completed the Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA, Level 1) Examination;
- submit a statement of purpose with a maximum length of 500 words; and
- submit two recommendations that must be received within two weeks of the submission deadline.
Applicants whose first language is not English must score at least 600 (paper-based) or 100 (internet-based) on the Test of English as a Foreign Language (TOEFL), or an iBT total score of 7.0 with no subscore lower than 6.0 on the International English Language Testing System (IELTS). Scores should be sent to the University of Iowa directly from the testing agency. Automatic waivers of the TOEFL requirement are granted for applicants who have completed a baccalaureate or more advanced degree from an accredited college or university in the United States, United Kingdom, Ireland, Canada (excluding French Quebec), English-speaking Africa, Australia, or New Zealand.
Applicants who use the IELTS test are required to take the on-campus English Proficiency Examination.
Application deadlines are as follows—
Priority deadline: January 31
International student deadline: March 15
Domestic student deadline: June 1
Careers for M.S. graduates in finance include corporate treasury operations, cash management, mergers and acquisitions, investment banking, sales and security trading, security analysis, commercial banking and financial services, credit analysis, mortgage lending, financial planning, consulting, public administration, insurance roles, and real estate.
The Career Services team offers multiple resources to help students find internships and jobs.