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.

Core Courses

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:9150Financial Modeling and Firm Valuation3
FIN:9200Portfolio Management3
FIN:9210Derivatives3
FIN:9220Fixed Income Securities3
FIN:9240International Finance3
FIN:9280Global Structured Finance3
MBA:8130Business Communication (taken three times for 1 s.h. each)3
MBA:8140Corporate Financial Reporting3
MBA:8150Business Analytics3
MBA:8170International Economic Environment of the Firm3
MBA:8180Managerial Finance3
Total Hours33

Electives

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:7975Thesis in Businessarr.
FIN:9225Applied Fixed Income Analysis - Fixed Income Fund3
FIN:9250 & FIN:9260Applied Securities Analysis - Henry Fund I-II6
FIN:9390Putting Finance into Practice3
Any of these:
FIN:4330Investment Banking3
FIN:4450Risk Modeling3
FIN:9140Corporate and Financial Risk Management3
FIN:9230Real Estate Finance and Investments3
FIN:9290Alternative Investments and Portfolio Strategies3
FIN:9300Corporate Investment and Financing Decisions3
FIN:9310Corporate Financial Strategy3
FIN:9350Wealth Management3
ACCT:9030Financial Accounting Standards and Analysis3
ACCT:9050Taxes and Business Strategy3
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.

Applicants must:

  • 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.