MS in Finance

Specialized degree for in-depth knowledge

There is an increasing demand for specialized business master's degrees — especially in the fields of finance and accounting. Whether you are currently working in the financial sector and are seeking an advanced position, or plan to transition into a finance career, the Master of Science in Finance will provide the in-depth knowledge focused on applied finance and the quantitative and analytical skills you need.

If you do not have prior education or experience in finance, additional foundation courses can prepare you to succeed in the MS in Finance program.

CFA alignment

The CFA® Institute is internationally recognized as promoting the highest standards of ethics, education and professional excellence. Our MS in Finance curriculum has been designed to align with the CFA common body of knowledge, and it will prepare you for CFA designation, which is highly valued by many employers.

Ideal for working professionals

The MS in Finance program, which has been designed to be completed in about two years, requires 30 credits of comprehensive coursework and completion of an exam.

MS in Finance admission criteria 

All Master of Science in Finance students must meet UW-Whitewater Graduate School admission criteria and meet the program criteria through one of the pathways described below. (Expand each heading for full details.) Many applicants will qualify for admission without GMAT/GRE scores. In addition, while the program has been designed primarily for individuals with prior education in finance, students with other undergraduate degrees can join the program by taking additional foundation courses.

Still unsure whether you must submit a GMAT/GRE score? Our interactive evaluation form can help you navigate the admission requirements, as well as documentation that would be needed for admission review.

What if you do not meet the admission requirements? Please email or call us at (262) 472-1945 to see if you could be admitted on a conditional basis.

Earned an AACSB-accredited undergraduate degree with a GPA of 3.0 or higher.
or
Earned a regionally-accredited undergraduate degree with a GPA of 3.5 or higher.
or
Earned a regionally-accredited undergraduate degree with a GPA of 3.0 or higher and have at least four years of qualified professional experience.


Earned a graduate degree from a regionally-accredited U.S. institution or equivalent international institution.


Have at least seven years of qualified professional experience.
or
Have four years of qualified professional experience and earned a regionally-accredited undergraduate degree with a GPA of 3.0 or higher.


Served or is serving in the U.S. military with qualified active duty.


Hold professional certification approved by the College of Business and Economics.


Completed the Graduate Management Admission Test (GMAT) or Graduate Record Exam (GRE)* with:

  • A composite score of at least 1,100 based on the following formula
    • (GMAT score) + [200 x (overall undergraduate GPA based on a 4-point scale)]
  • A composite score of at least 1,150 based on the following formula
    • (GMAT score) + [200 x (last half of undergraduate GPA based on a 4-point scale)]
  • A composite score of 950 - 1,100 for consideration of probationary admission based on the following formula
    • (GMAT score) + [200 x (overall undergraduate GPA based on a 4-point scale)]

*GRE scores are converted to comparable GMAT scores.


Overview

The Master of Science in Finance degree requirements have been designed to prepare you for success as a student in the program and your subsequent career. More information on the program structure and courses can be viewed in the Graduate Catalog

To earn the UW-Whitewater MS in Finance, you must:

  • Complete the 30-credit course requirements.
  • Complete Common Body of Knowledge Courses, as required.
  • Pass the comprehensive examination.
  • Students must maintain a grade point average of at least 3.0 on a 4.0 scale to graduate.

By completing the Master of Science in Finance degree program, you will be able to:

  • Use data analysis to reach financial decisions
  • Use various forecasting techniques
  • Value real assets
  • Value financial assets
  • Analyze credit risk structure of interest rates
  • Evaluate financial derivatives
  • Compare and contrast various financial markets
  • Quantify and manage risk
  • Apply critical thinking to decision making
  • Develop and improve written and oral communication skills

A bachelor's degree is the minimum requirement for financial analysts, personal financial advisers, loan officers and other positions; however, there is a graduate degree wage premium. In one research study, financial professionals with master's degrees reported earning 38% ($28,000) more than those with just bachelor's degrees.1 

Furthermore, the Bureau of Labor Statistics2 shows that positions in the financial industry have both strong wage rates and occupational outlooks.  Financial analysts earned a 2017 median pay of $84,000 per year and expected faster than average occupational growth rate (2016 - 2026), while financial managers earned a 2017 median pay of $125,080 per year and expected a much faster than average occupational growth rate (2016 - 2026).

1Georgetown University Center on Education and the Workforce Analysis of U.S. Census Bureau, 2009 - 2013

2Bureau of Labor Statistics Occupational Outlook Handbook