M.S. in Finance

Worcester, Massachusetts

 

INTAKE: Jan & Aug

Program Overview

The STEM-designated M.S. in Finance program at Clark University offers a rigorous and quantitative curriculum meticulously designed to equip students with the advanced financial knowledge and analytical skills essential for success in today's complex global financial markets. Recognizing the increasing importance of data-driven decision-making in finance, the program integrates principles from economics, statistics, and mathematics to provide a comprehensive understanding of financial theory, investment analysis, risk management, and financial modeling. The STEM designation underscores the program's focus on quantitative methods and analytical rigor, preparing graduates for technically demanding roles in the finance industry.

STEM Designated: As a STEM-designated program, the M.S. in Finance at Clark University emphasizes a strong, science-based approach to understanding and analyzing financial markets and instruments. This designation highlights the program's commitment to providing a curriculum grounded in mathematical finance, statistical analysis, and quantitative modeling, preparing graduates for technically demanding roles in financial analysis and risk management.

Curriculum: The curriculum is thoughtfully structured to provide a comprehensive understanding of core finance principles and advanced financial techniques. Core coursework typically includes financial econometrics, investment analysis, corporate finance, derivatives, risk management, and financial modeling. Students can further specialize their knowledge through elective courses focusing on areas such as quantitative finance, fixed income analysis, international finance, and financial technology (FinTech). The program integrates rigorous quantitative methods, statistical software applications, and real-world case studies to solidify theoretical understanding and develop practical analytical skills.

Research Focus: The research focus within the M.S. in Finance program at Clark University often aligns with contemporary issues and advancements in financial theory and practice. Faculty and students may engage in research projects related to areas such as asset pricing models, market efficiency, behavioral finance, financial risk management, derivative valuation, and the application of machine learning in finance. The program encourages students to develop strong research skills, enabling them to critically analyze financial data, evaluate financial models, and contribute to the evolving knowledge in the field of finance.

Industry Engagement: Clark University actively fosters connections with the financial industry to provide M.S. in Finance students with valuable real-world exposure and career opportunities. This engagement often includes guest lectures from finance professionals, networking events with financial institutions and firms, opportunities for internships or applied projects, and participation in finance workshops and conferences. These interactions provide students with practical insights into current financial market trends, allow them to build professional networks, and ensure the curriculum remains relevant to the demands of the rapidly evolving finance job market.

Global Perspective: The M.S. in Finance program at Clark University inherently incorporates a global perspective, recognizing the interconnectedness of global financial markets and the importance of understanding international financial systems. Coursework often examines international finance, exchange rate dynamics, global investment strategies, and the impact of global economic events on financial markets. Clark University's diverse international student body and faculty further contribute to a rich global learning environment, preparing graduates to analyze and navigate the complexities of international finance and to work effectively in global financial institutions.

Pollster Education

Location

Worcester, Massachusetts

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

USD 26750

Postgraduate Entry Requirements

Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 70% or above in their bachelor's degree.

English Language Proficiency:

  • IELTS: Overall band score of  6.5 or 7.0 with a minimum of 6.0 in each component.
  • TOEFL: Overall score of 85 or higher.
  • PTE: Overall score of 61 or higher.
  • DET (Duolingo English Test): Minimum score of 120.

Clark University in Worcester, Massachusetts, United States, offers a variety of scholarship opportunities specifically designed to support international students in pursuing their academic goals. Recognizing the financial challenges that many international students face, Clark is providing merit-based and need-based financial aid to attract talented and motivated students from around the globe.

Merit-Based Scholarships: Clark University awards several merit scholarships to international students based on academic excellence, leadership qualities, and other achievements. These scholarships vary in amount and can significantly reduce tuition costs. The university’s recognizing outstanding international applicants ensures that many students receive financial assistance during the admissions process.

Need-Based Financial Aid: Although international students are generally expected to demonstrate the ability to finance their education, Clark does offer limited need-based aid to international applicants who demonstrate exceptional financial need. Students are encouraged to apply early and provide all required financial documentation to be considered.

Clark University International Scholarship: One of the prominent awards for international students is the Clark University International Scholarship, which is granted to highly qualified students to help offset the cost of tuition. This scholarship is competitive and requires strong academic records along with a contributing to the campus community.

Graduate Assistantships and Fellowships: Graduate international students at Clark can apply for assistantships and fellowships, which provide tuition remission and a stipend in exchange for teaching, research, or administrative work. These opportunities not only help financially but also offer valuable professional experience in the students’ field of study.

External Scholarships and Funding: Clark encourages international students to seek external scholarships and funding sources from governments, private organizations, and international foundations. 

Graduates of the M.S. in Finance program at Clark University possess a highly valued and versatile skillset, opening doors to a multitude of exciting and impactful career opportunities within financial institutions, corporations, and investment firms.

Financial Analyst: Analyzing financial data, providing investment recommendations, managing financial risk, and supporting financial planning for corporations or investment firms.

Investment Analyst: Researching and evaluating investment opportunities, developing financial models, and providing buy/sell recommendations for asset management firms or hedge funds.

Risk Manager: Identifying, assessing, and mitigating financial risks for financial institutions, corporations, or regulatory agencies.

Portfolio Manager: Developing and implementing investment strategies and managing investment portfolios for individuals, institutions, or mutual funds.

Quantitative Analyst (Quant): Developing and applying mathematical and statistical models to solve complex financial problems, often in areas like algorithmic trading or risk management.

Corporate Finance Analyst: Focusing on financial planning, capital budgeting, mergers and acquisitions, and other strategic financial decisions within corporations.

Financial Consultant: Providing expert financial advice and guidance to individuals or corporations on investment strategies, financial planning, and wealth management.

Derivatives Trader/Analyst: Trading or analyzing derivative securities such as options, futures, and swaps, often requiring strong quantitative skills.

Financial Planner: Helping individuals and families achieve their financial goals through investment planning, retirement planning, and estate planning.

Credit Analyst: Evaluating the creditworthiness of individuals or corporations to determine the risk of lending or investing.


Similar Courses
WhatsApp Enquiry Call Enquiry