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:  Students who demonstrate mastery of the material may waive required courses and replace them (with the help of an advisor) with elective courses that would be of most value to them.

  • Management 201Quantitative AnalysisAddresses 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.
  • Management 202Financial ManagementProvides 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.
  • Management 211— Financial AccountingCovers financial accounting concepts and the analytical tools needed to understand and interpret financial statements. Examines the uses of financial accounting information.
  • Management 231— Corporate FinanceAn 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.
  • Management 227— Fixed Income Securities and MarketsCovers analytical techniques related to fixed-income securities. Includes basic analytical tools in fixedincome markets. Topics include relative pricing of fixed-income securities, yield-curve estimation, securities with embedded options, and trading strategies. Utilizes interest rate swaps, mortgagebacked securities, and credit derivatives.

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

  • Management 232Derivatives and Asset PricingExplores 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.
  • Management 244Corporate Risk ManagementProvides 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.
  • Management 252Investments & Portfolio ManagementDiscusses 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.

Finance Capstone Seminar Courses (8 units):

  • Management 295FSeminar in Empirical Methods in FinanceCovers 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 enodogenity issues. Demonstrates programming in SAS and/or Gauss.
  • Management 295GSeminar in Corporate FinanceDeals 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.

Open Electives (3 courses - 12 units)

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

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