Master of Science in Management: Financial Management
Financial Management Specialization
The Financial Management specialization covers financial management in:
- Financial management of current operations
- Capital markets
- Investment valuation
- Multinational financial management
- Behavioral finance
- Cost management
- Strategic financial management
The program emphasizes development of management skills and the use of financial analyses in decision making and performance management.
The MSM program prepares graduates for a number of entry-, mid-, and high- level positions, as determined by a student's work experience.
Depending on a student's background and an employer's criteria, graduates of the Financial Management specialization may qualify for these positions:
- Controller or Treasurer
- Financial Manager
- Capital Investment Analyst
- Financial Liaison with Business Units
- Credit or Cash Manager
- Financial Consultant or Advisor
- Financial, Budget, or Management Analyst
- Cost Analyst or Program Analyst
Students who have not taken a finance course recently are strongly encouraged to take UCSP 620 and UCSP 621 prior to taking MGMT 640.
MGMT 630 is not recommended for this specialization because it will restrict students to one class a semester for future semesters due to prerequisites.
Students who have not had any recent statistics use should take UCSP 630 prior to taking MGMT 650.
Students who wish to improve their graduate writing skills may take COMM 600, Academic Writing for Graduate Students (3).
Core Required Courses
UCSP 615 Orientation to Graduate Studies at UMUC (0), to be taken within the first 6 credits of study
- MGMT 610 Organizational Theory (3)
- MGMT 615 Intercultural Communication and Leadership (3)
- MGMT 640 Financial Decision Making for Managers (3)
- MGMT 650 Statistics for Managerial Decision Making (3)
MGMT 670 Strategic Management Capstone (3)
Clustered Course Option
- MGMT 610 must be taken within the first 6 credits of the MS in Management program.
- Students must complete 24 credits, including other core requirements, before enrolling in MGMT 670.
- MGMT 640 and MGMT 650 should not be completed simultaneously.
- MGMT 640 is prerequisite to FIN 610 in the Financial Management specialization.
Financial Management (FIN) Specialization Required Courses
- FIN 610 Financial Management in Organizations (3)
- FIN 615 Financial Analysis and Modeling (3)
- FIN 620 Long-Term Financial Management (3)
- FIN 630 Investment Valuation (3)
- FIN 645 Behavioral Finance (3)
- FIN 660 Strategic Financial Management (3)
- FIN 640 Multinational Financial Management (3)
Note: Some course titles and numbers were revised beginning with the fall 2007 semester. If you began your program prior to fall 2007 and have chosen to follow the pre-fall 2007 curriculum, please refer to the pre-fall 2007 Study Plan to determine your degree requirements.