University of California, Riverside

Anderson Graduate School of Management



Curriculum



Master of Finance Curriculum

The Master of Finance program requires completion of 48 units for graduation. Students should be able to complete the coursework for the program in one academic year.

Required Courses (20 units)

NOTE:  Required courses may be waived for students with substantial previous training in the topic. 

  • MGT 201:  Quantitative Analysis - Addresses the process of generating decision-making information from data and solving management problems using common computer tools. Covers problem identification and formulation, model selection and use, and interpretation of the results of statistical analysis. Topics include estimation, hypothesis testing, analysis of variance, simple and multiple regression, time series, and forecasting. May not be taken for degree credit by students in statistics undergraduate or graduate programs.
  • MGT 202:   Financial Management - Provides a foundation in theories of finance. Topics include time value of money, security valuation, financial institutions, theories of risk measurements, managing a firm’s investment decisions, capital structure, and sources of financing for a firm.
  • MGT 211:  Financial Accounting - Covers financial accounting concepts and the analytical tools needed to understand and interpret financial statements. Examines the uses of financial accounting information.
  • MGT 227:  Fixed Income Securities and Markets - Covers analytical techniques related to fixed-income securities. Includes basic analytical tools in fixed income markets. Topics include relative pricing of fixed income securities, yield-curve estimation, securities with embedded options, and trading strategies. Utilizes interest rate swaps, mortgage-backed securities, and credit derivatives.
  • MGT 231:  Corporate Finance - An intensive analysis of the effects of corporate financial policy decisions on firm value. Examines the interrelation of firm value, financing policy, investment decisions, and other considerations. Provides an understanding of the theoretical issues involved in the choice of these policies.

Restricted Electives (2 of the following 3 courses - 8 units)

  • MGT 244:  Corporate Risk Management - Provides an overview of derivative financial instruments. Focuses on the use of derivatives to manage risk in a corporate setting. Utilizes the case-method to develop strategies and policies for managing the risk exposure of an enterprise, as well as to assess the relations between risk management and value creation.
  • MGT 252:  Investments & Portfolio Management - Discusses standard asset pricing models, portfolio theory, and empirical uses of securities data. Addresses pricing in the capital markets and empirical issues in testing asset pricing models. Other topics include risk-adjusted portfolio performance, term structure, bond pricing, and bond portfolio management.
  • MGT 268:  Entrepreneurial Finance and Venture Capital - Covers financing of nonpublic and early-stage venture. Includes financial modeling, cash needs assessment, valuation, deal structure, financing alternatives, and harvesting.

Finance Capstone Seminar Courses (8 units):

  • MGT 295F:  Seminar in Empirical Methods in Finance - Covers econometric approaches to analyzing common problems encountered when conducting empirical research. Focuses on hypothesis testing, specification tests, general methods of moments estimation, the capital asset pricing model, multifactor asset pricing models, event studies, operating performance studies, simultaneous equations models, and  endogeneity issues. Incorporatess programming in SAS and/or Gauss.
  • MGT 295G:  Seminar in Corporate Finance - Deals with the contemporary issues in corporate finance. Focuses on selected classic and current empirical and theoretical research in corporate finance. Seeks to provide an advanced and rigorous background in the mainstream issues of modern corporate finance with an emphasis on empirical methodology.

Recommended Electives (3 courses - 12 units)

  • MGT 213:  Trading Strategies and Financial Models - Introduces students to stock market anomalies and ways to predict their strength, to profit from them, and to measure the risk and trading costs of performing such trading strategies. We consider the most well-known empirical deviations from the CAPM and trading strategies based on them. The main idea of the course is to cover an anomaly one week and trade on the anomaly on a simulation trading platform the next week.
  • MGT 232:  Derivatives and Asset Pricing - Explores the pricing of derivatives-based securities. Covers various topics in derivatives markets. Introduces pricing techniques for forwards, futures, options, swaps, and other derivatives. Utilizes empirical data and financial modeling.
  • MGT 237:  International Finance Management - Focuses on the nature, risks, and management of foreign exchange exposure in a corporate setting. Covers trade and international investment theories. Topics include the international financial systems, balance of payments, foreign exchange markets, measurement of foreign exchange risk, hedging, international asset pricing, and trade financing.
  • MGT 274:  Special Topics in Finance - Explores the latest developments in theoretical and empirical finance. Topics include asset pricing, performance evaluation, derivative securities, market microstructure, corporate finance, and corporate control and governance.
  • MGT 276:  Financial Strategy and Corporate Control - Covers the nexus among finance, strategy, governance, and corporate control. Examines the theory and empirical evidence for models of corporate financial policy and the market for corporate control. Emphasizes critical evaluation of the evidence for different models of corporate financial policy.
  • Other electives such as MGT 207, MGT 239, MGT 256, and STAT 206 may be taken with advisor approval.

For more detailed information on courses listed above, visit the UCR Catalog.

More Information 

General Campus Information

University of California, Riverside
900 University Ave.
Riverside, CA 92521
Tel: (951) 827-1012

Contact Information

The A. Gary Anderson Graduate School of Management

Graduate Programs Office
102 Anderson Hall, South

Tel: (951) 827-6200
Fax: (951) 827-2055
E-mail: ucr_agsm@ucr.edu

Footer