Master of Science in Finance
Drew’s STEM-designated Master of Science in Finance (MS) program is a rigorous 30 credit immersion in the quantitative and analytical methods and tools used in financial services today.
Building on Drew’s two decades of success with our unique Wall Street Semester and strong ties to the financial services industry, MS students receive the training and credentials needed to succeed in careers in a variety of organizations, including banks, financial firms, global corporations, government agencies, and nonprofits.
Unique to the Drew MS in Finance program, participating students will have opportunities to apply their knowledge and skills through financial internships, in the real world, while completing classroom coursework. Mentors work with students in diverse areas such as municipal bond research, derivatives trading, and private equity, and each student has the opportunity to network with NYC-based financial institutions while studying at Drew.
A team-based portfolio management assignment occurs during the capstone which allows students to present asset allocation recommendations to a panel of industry practitioners and financial experts. Drew’s co-curricular programming includes guest lectures and trips into NYC to visit financial firms, regulators, and even nonprofits centered on promoting ethical financial behavior and financial literacy.
Concentrations
Financial Engineering
Drew’s STEM-designated Master of Science in Finance program with a concentration in Financial Engineering is a rigorous, 30-credit immersion in advanced finance. Students will learn how to apply finance, mathematics, programming, and engineering methods to build models and solve complex financial problems. Across the financial markets, there is a growing need for financial engineering skills in algorithmic trading, risk management, securitization, and derivatives. Drew students will be leading that change forward.
Investment Management
Drew’s STEM-designated Master of Science in Finance program with a concentration in Investment Management is a rigorous, 30-credit immersion into investments. This concentration emphasizes expertise in financial statement analysis, investment ethics, and advanced portfolio management techniques. Last year, Drew’s Master of Science in Finance Program fielded competitive teams for the CME Group University Trading Challenge and the Chicago Quantitative Alliance (CQA) Investment Challenge. Graduates are prepared for careers in a variety of organizations, such as retail and institutional investment management, trading, and other investment-related services.
Full-Time (One-Year Option)
Step-by-Step Path to Your Degree
Fall (12 credits)
This initial semester covers the basics, including understanding financial statements, analyzing systemic and other external factors, as well as exploring the foundations of investing and securities valuation.
- Financial Statement Analysis (3 credits)
- Financial Risk Management (3 credits)
- Investments I (3 credits)
- Financial Quantitative Analysis (3 credits)
Spring (12 credits)
Building on the fall semester, students will go on to learn about topics, including financial analysis, capital budgeting, and capital structure, as well as emotional-based financial decision-making, experimental finance, psychological theories, and behavioral biases.
- Corporate Finance (3 credits)
- Investments II (elective, 3 credits)
- Derivatives (elective, 3 credits)
- Behavioral Finance (elective, 3 credits)
Summer (6 credits)
Focusing on experiential learning and collaboration, the final semester will challenge students to apply what they’ve learned within the context of an organization, and through the capstone project, work in small groups to analyze and present a multifaceted financial case.
- Internship (3 credits)
- Capstone (3 credits)
Part-Time (Two-Year Option)
Step-by-Step Path to Your Degree
Year 1: Fall (6 credits)
Year one begins with the basics, including understanding financial statements, analyzing systemic and other external factors—as well as exploring the foundations of investing and securities valuation.
- Financial Statement Analysis (3 credits)
- Investments I (3 credits)
Year 1: Spring (6 credits)
The spring semester introduces students to data analysis from multiple perspectives, using previously learned and new mathematical methods to answer empirical questions in finance. Additionally, students have opportunities to fortify core coursework information with learnings found in Drew’s elective offerings that cater to a broad cross-section of interests and career goals.
- Behavioral Finance (3 credits)
- Investments II (3 credits)
Year 2: Fall (6 credits)
Year two addresses the quantitative and qualitative measures of finance. Students learn to identify and assess risk using multiple risk management best practices, while simultaneously focusing on the application of mathematical tools, concepts and models used to approach the real-world problems of finance.
- Financial Risk Management (3 credits)
- Financial Quantitative Analysis (3 credits)
Year 2: Spring (6 credits)
Corporate finance theories and their applications and unstructured and structured data analysis are the focus of the second spring semester. As students become more immersed and comfortable with topics including financial analysis, capital budgeting, capital structure, cost of capital and management of short-term liquidity, they will learn to and apply strategies to evaluate corporate long-term strategic decisions and be exposed to some programming.
- Corporate Finance (3 credits)
- Derivatives (3 credits)
Year 2: Summer (6 credits)
The final stretch. Focusing on experiential learning and collaboration, the final semester will challenge students to apply what they’ve learned within the context of an organization, and through the capstone project, work in small groups to analyze and present a multifaceted financial case.
- Internship (3 credits)
- Capstone (3 credits)
Latest News
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