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Chicago Booth Launches New Masters in Finance Program
To further develop new ways to bring transformative business education to future leaders, the University of Chicago Booth School of Business launched a new Masters in Finance program. The announcement comes months after the creation of a new Master’s in Management Program at Chicago Booth this summer.
O Master’s Program in Finance is for recent graduates seeking a master’s degree that builds on their analytical aptitude and allows them to launch a career in finance with a competitive advantage over their peers. Prospective students can enroll in the program now, and the first group will begin classes in fall 2024.
“Chicago Booth’s finance faculty is the best in the world. They developed modern financial theory and shaped the course of financial knowledge and markets for more than 100 years,” said Madhav Rajan, dean of Chicago Booth and George Pratt Shultz Professor of Accounting. “We’re excited to bring our transformative approach – and the latest innovations in finance – to talented, analytical college graduates, boosting their careers and placing them at the frontier of this rapidly advancing field.”
In addition to offering courses taught by Booth’s world-renowned faculty, the Master’s in Finance Program has other distinctive features. Includes immersive orientation programming focused on career exploration and advice, and opportunities to specialize in a field that will help ensure students stand out in the job market.
The program, which takes 15 months to complete and includes an internship requirement, prepares students for a wide range of financial careers, including in asset management, fintech and investment banking, with a cutting-edge curriculum that prepares them for the advances that are disrupting financial companies.
“One of the great features of this new program is that students can take courses that are truly on the cutting edge of the technologies and advancements that are revolutionizing the financial industry,” said Ralph SJ Koijen, distinguished services professor at AQR Capital Management. of Finance and scholarship from Fama Faculdade. “The option to take courses that delve into topics such as AI, machine learning, big data, blockchain technology, fintech, and current investment banking topics – among many others – will give students an edge in the market after they graduate.”
Students in the program take four core courses – Investing, Corporate Finance, Data Analysis, and Financial Accounting – as a group, along with nine electives for a total of 13 courses. There are five finance elective requirements, and students choose the remaining four electives from a large subset of MBA courses.
Students also have the option to tailor their finance electives to meet their career goals by choosing one of our three areas of specialization: Asset Management, Investment Banking or Fintech.
“These three areas of specialization are not only areas in which Booth finance faculty produce innovative research, but they are also areas in which we see strong employment opportunities for our students once they graduate,” said Fama professor Stefan Nagel Family Distinguished Service of Finance. “Academic flexibility is one of the main things that sets our Master’s in Finance Program apart. Therefore, although students are not required to select a major, we will strongly encourage them to do so.”
Career development is also present throughout a student’s time in the program – starting before classes even take place – as are experiential opportunities such as internships and a booth-sponsored Leaders in Finance speaker series, which will allow students to network and network. Connect with hiring managers at top financial firms.
Upon completion of the Master’s in Finance Program, students will emerge equipped not only with an in-depth understanding of this dynamic and rapidly evolving industry, but also with a diverse set of skills that go beyond the theoretical domain.
“We developed this transformative program to not only expand students’ quantitative skills, which are essential to excel in the world of finance, but also to enhance their interpersonal and critical thinking skills,” said Starr Marcello, vice dean of MBA programs from Booth. . “By combining a deep knowledge of finance with the ability to communicate effectively and solve problems, our Master of Finance graduates will be prepared to succeed in their first jobs and beyond.”
–Adapted from a story first published on the Chicago Booth website.