The UIC Liautaud Master of Science in Finance program prepares highly qualified individuals for professional careers in finance. The one-year program emphasizes a strong foundation in the financial principles that underlie modern finance. For students seeking employment in the wide range of finance occupations in both the private and public sectors, the program takes full advantage of the leading global financial markets in Chicago. Students will be equipped with the leading technology for accessing financial information in our state-of-the-art Trading Lab.
For those who seek professional certification, investment in the MSF program offers a valuable return. Graduates of the UIC Liautaud program will be well prepared to take the professional exams that measure the competence and integrity of financial analysts. They will also be prepared for certifications in independent risk management and decision making. Holders of these certificates gain a competitive edge and are typically rewarded with higher salaries.
The finance department at UIC is a leader in the financial services industry centered in Chicago. Our research-oriented faculty emphasize innovative and developing areas of finance, including risk management, derivatives, corporate finance, portfolio management, banking and global financial markets. Exposure to finance research is an important element of the program and gives our students a first look at the newest insights and trends across the evolving financial landscape.
Degree candidates must have a cumulative grade point average of at least 3.00 (A=4.00) for 32
hours counting toward the degree.
Required Courses: (12 hours)
Quantitative Methods in Finance
Elective Courses: Select 5 below (20 hours)
Elective courses will be selected in consultation with an adviser with the intent to meet the
educational goals and occupational needs of the student. Courses can be chosen from the
following list of approved electives. Other courses may be elected with prior approval of the
Director of Graduate Studies. At most, 8 hours can be in disciplines other than Finance.
Theory and Structure of Options and Future Markets
Commodities, Energy and Related Markets
Money and Banking
Empirical Issues in Finance
Market Microstructure and Electronic Trading
Financial Statement Analysis
Corporate Valuation & Accounting Information
Information and Decision Sciences
Data Mining for Business
Business Research and Forecasting
Time Series Analysis
Students are expected to have successfully completed prior study comparable to the following courses, or demonstrate appropriate comparable work experience, before beginning the MS in Finance program:
- Introduction to Financial Accounting (ACTG 210/ 211 or ACTG 500)
- Introduction to Finance (FIN 301/302 or FIN 500)
- Business Statistics and/or Quantitative Methods (IDS 371 or FIN 330)
For applicants with limited to no background in the above areas, these courses will be added to their 32-credit program of study. The number of courses that can be added ranges from 1-3 additional courses, depending on an applicant’s background and is determined at the time of admission.