Coursework Crafted by Finance Experts
The practice-oriented curriculum of Northeastern University’s Online Master’s in Finance explores a comprehensive range of relevant financial topics. Designed to serve the needs of working professionals in the finance field, this 30-credit-hour program—which includes six core courses and four electives—can be completed entirely online in as few as 16 months. You may also enhance your studies by selecting from two tracks:
1) Investment Finance Track
Focus your studies on the examination of financial instruments and portfolios of securities. Strengthen your ability to analyze and manage investments in securities, equity and fixed-income securities, options, futures, and other derivative securities, performance analysis, financial risk management, and private wealth management.
2) Corporate Finance Track
Study the sourcing and allocation of capital in an organization to achieve an overall objective, such as maximizing shareholder value for a for-profit entity. Advance your knowledge of financial management and valuation issues, including business planning and analysis, treasury management, strategic planning, capital budgeting, financial risk management, mergers and acquisitions, private equity, venture capital, consulting, and investment banking.
The D’Amore-McKim School of Business also offers an on-campus MS in Finance and a MS in Finance/MBA dual degree. Learn more about the on-campus MS in Finance and the MS in Finance/MBA.
Online Master’s in Finance Course List – Core (6 Courses)
|Course Code||Course Name||Credits|
|FINA 6201||Financial Theory and Policy||3|
|FINA 6202||Analysis of Financial Institutions and Markets||3|
|FINA 6203||Investment Analysis||3|
|FINA 6204||International Finance Management||3|
|FINA 6205||Financial Strategy||3|
|FINA 6206||Finance Seminar||3|
Online Master’s in Finance Course List – Electives (4 Courses)
|Course Code||Course Name||Credits||Investment Finance||Corporate Finance|
|FINA 6211||Financial Risk Management||3||X||X|
|FINA 6212||Fixed Income Securities and Risk||3||X|
|FINA 6213||Investment Banking||3||X||X|
|FINA 6214||Mergers and Acquisitions||3||X|
|FINA 6215||Business Turnarounds||3||X|
|FINA 6216||Valuation and Value Creation||3||X||X|
|FINA 6217||Real Estate Finance and Investment||3||X|
|FINA 6219||Portfolio Management||3||X|
Note: All courses are subject to change.
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Online Master’s in Finance Course Descriptions—Core (6 Courses)
Covers the fundamentals of financial decision-making and introduces students to the basic framework of corporate finance. Topics include tools and applications of financial asset valuations, the risk-return trade-off, modern portfolio theory, methods of calculating the risk of financial assets, tools and applications for analyzing a firm’s capital investment decisions, capital structure and dividend policy issues, theory and evidence concerning corporate restructuring, such as mergers and hostile takeovers, and issues concerning international financial management and the legal, ethical, and regulatory environment of financial management.
Introduces the domestic and international financial system and the institutions within it. Develops data and quantitative analysis tools utilized for economic and financial modeling and analysis. Emphasis is on regression analysis and its application, including how to build and interpret statistical models. Topics include the major types of financial institutions that operate within the global economy and the financial instruments they employ; how exchange rates, interest rates, and security prices are determined and how they affect the global economy; and how governments and central banks impact economic and financial conditions.
Familiarizes students with domestic and international financial markets and the securities traded therein. Discusses a variety of techniques for valuation of financial assets and relies heavily on quantitative methods. Critically analyzes such qualitative concepts as market efficiency, intrinsic value, and risk. The contents of this course—descriptive, theoretical, and applied—seek to provide students with the ability to build unique valuation models to suit the investment alternative they wish to scrutinize. Also provides students with an understanding of how investment theory and investment practice relate.
Develops specific concepts, policies, and techniques for the financial management of a multinational firm. Topics include operation of foreign exchange markets, foreign exchange risk management, sources and instruments of international financing, foreign direct investment and the management of political risk, multinational capital budgeting, and financing control systems for the multinational firm. Prerequisites: FINA 6201, FINA 6202, and FINA 6203.
Develops financial, analytical, and communication skills necessary to develop and implement a financial strategy consistent with firm value creation in a dynamic environment. Stresses the impact of ethical and legal considerations, global markets, and technological innovation on efficient economic outcomes. Emphasizes written and oral communication skills. Upon completion of this course, students should be able to identify and analyze a firm’s strategic opportunities and propose a suitable financial strategy that is consistent with firm value creation. Prerequisites: FINA 6201, FINA 6202, FINA 6203, and FINA 6204.
Structures discussion of current topics in finance literature. Students read and present the works of leading researchers. Topics are broad and may cover various areas of corporate finance, investments, and institutions. Students also complete an original project emphasizing current methodologies of analysis. Prerequisite: FINA 6201, FINA 6202, FINA 6203, and FINA 6204.
Online Master’s in Finance Course Descriptions—Electives (4 Courses)
Provides an overview of all of the hedging markets and hedging instruments. Explores specific hedging use of options, forwards, futures, swaps, and options on futures. Focuses on advanced financial risk management of interest rates, currency rates, equity returns, and fixed income returns. Students use readings and case problems to study when and how to use hedging instruments to alter a portfolio’s risk exposure. Prerequisite: FINA 6201, FINA 6202, and FINA 6203 (which may be taken concurrently).
Exposes students to theory, applications, and evidence concerning highly sensitive interest rate products. Discusses recent developments in pension fund management, asset/liability management, duration matching, “gap” management, concurrent interest rate and exchange rate management, and other important issues now confronting domestic and international financial and corporate management. Studies how to customize a risk management program. Prerequisite: FINA 6201, FINA 6202, and FINA 6203 (which may be taken concurrently).
Discusses the policy, strategy, and administration of financial services firms. Topics include issuance of securities, the service function within financial services, pricing a negotiated issue of common stock or competitive bid issue, and meeting capital requirements of a securities firm. Prerequisites: FINA 6201, FINA 6202, and FINA 6203.
Explores the environments that have recently given rise to a large number of corporate mergers and the business factors underlying these corporate combinations. Examines the financial, managerial, accounting, and legal factors affecting mergers. Studies how to appraise a potential merger and structure a merger on advantageous terms. Prerequisites: FINA 6201, FINA 6202, and FINA 6203.
Concentrates on the diagnosis, prescription, and implementation of actions pertinent to business turnarounds, troubled companies, workouts, bankruptcies, and liquidations. Case studies and readings guide the student through the maze of financial, ethical, legal, general business, and strategic aspects of turnarounds, culminating in the student evaluating and developing a turnaround plan. Prerequisites: FINA 6201, FINA 6202, and FINA 6203.
Explores recent developments in financial management and financial analysis through the use of modern finance theory to make capital allocation decisions that lead to long-run value maximization for the corporation. Focuses on applications and financial model building, risk analysis for valuation applications, and business strategies to measure and manage corporate value and value creation. Topics are relevant to value consultants, corporate managers, and securities analysts. Prerequisites: FINA 6201, FINA 6202, and FINA 6203.
Provides students with a comprehensive understanding of real estate finance. Emphasizes factors affecting real estate investment. Topics include valuation (appraisal), market analysis, development, taxation, ownership types, short-term financing, mortgage markets, and investment strategies. Designed for students interested in a general overview of real estate finance, as well as those intending to pursue a career in the real estate field. Prerequisites: FINA 6201, FINA 6202, and FINA 6203.
Includes portfolio construction, revision, and performance measurement, and highlights portfolio construction in an efficient capital market. Topics include risk-return analysis, the effects of diversification on risk reduction, and the costs of inflation, taxes, and transaction costs on fixed income and equity security portfolios. Examines financial models of capital asset pricing as the basis for the analysis of portfolios from the institutional investor’s viewpoint.
Prerequisites: FINA 6201, FINA 6202, and FINA 6203 (which may be taken concurrently).