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.
- Students should take MGMT 610 and MGMT 640 as their first two 3 credit classes.
- 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 UCSP 605, Effective Graduate Writing (0).
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.
* The UCSP 615 requirement may be waived if you previously earned a graduate degree from a regionally accredited institution. For more information, contact your academic advisor.