Jon M. Huntsman School of Business
Department of Economics and Finance
Introduction
The Master of Science in Financial Economics (MSFE) is designed as a terminal, professional degree in financial economics. The curriculum includes courses in the key areas of finance and the supporting areas of economics and quantitative methods. It is intended to prepare students for a wide range of careers both within and outside the financial industry, including risk management, asset management, macroeconomic and financial forecasting, trading, and financial and economic research.
Not currently offered for initial application. Admission to the MSFE program is only available via transfer from the MFE program with Department Head approval.
Why an MSFE at Utah State University?
The MSFE is offered by the Jon M. Huntsman School of Business through the Department of Economics and Finance.
- Faculty: Since the fall of 2009 the department has hired many new faculty members. A number of these individuals have extensive training in finance or financial-macroeconomics and are producing cutting-edge research in these areas. The faculty includes several members with a CFA. See http://www.huntsman.usu.edu/economicsandfinance/htm/faculty-and-staff for additional information about individual members of our faculty.
- CFA: The MSFE curriculum is designed to help students pass the first CFA exam (i.e., Level I exam) at the end of their second semester in the program. The CFA is the most internationally recognized and credible credential for financial professionals and is earned by passing a series of analytically rigorous exams.
- Bloomberg Terminals and Training: Bloomberg is synonymous with real-time financial information. Every major financial institution hosts Bloomberg terminals. Due to the expense, however, very few universities provide access to Bloomberg. The Department of Economics and Finance at the Huntsman School of Business is one of these select few. These terminals not only support classroom instruction and faculty research but provide a means for students to become certified in the use of Bloomberg – a skill that provides value to future employers on day one of your professional career.
- A Research Portfolio: The MSFE program includes the requirement that each student complete a Plan B paper. It is a little unusual for a professional master’s degree to require a Plan B paper, but we think it is important for students to demonstrate that they have the creativity, discipline, and analytical ability necessary to complete such a project. Students will receive guidance as they write their papers through a faculty committee formed specifically for this purpose. The ideal student will have passed the Level 1 CFA exam, be Bloomberg certified, and have completed a Plan B paper by the time they enter the job market with their freshly minted master’s in financial economics from the Huntsman School of Business.
- Opportunity to help manage real money: Students will make asset allocation, trading, risk management, and credit decisions over the two semesters of the program under the direction of a faculty member who is an experienced financial professional. This valuable experiential learning will help you apply what you learn and allow you to stand out in the marketplace.
Admission Requirements
Admission to the MSFE program in the Department of Economics and Finance requires a minimum grade point average (GPA) of 3.0 (4.0 = A) for the last 60 semester credits earned prior to applying for the program. Ideally, incoming students will have already taken courses in intermediate microeconomics and macroeconomics, econometrics or statistics, mathematical economics/calculus, and corporate finance. Students whose prior academic performance warrants admission but who have not taken some of these courses may be admitted provisionally. Such a student will be required to make up deficiencies by enrolling in appropriate courses prior to beginning the program.
Either the GRE or the GMAT is required. GRE scores should be included with the application. Scores should be at or above the 50th percentile for the verbal portion of the examinations and above the 60th percentile for the quantitative portion. A TOEFL score is also required of all students whose native language is not English. Application forms and more information about application requirements can be found online at http://www.usu.edu/graduateschool/ or by phoning 435-797-1189.
Financial Assistance
Non-resident students are eligible to compete for a tuition waiver for the out-of-state portion of tuition. In addition, students have the opportunity to enroll in the university’s health care program with Blue Cross/Blue Shield at a subsidized rate.
Application Information
To apply, go to http://www.usu.edu/graduateschool/ and click on “Apply” in the left column. From there you’ll be able to navigate through the application process and find more information about the requirements for successfully completing the application.
For More Information
Todd Griffith, Director of Graduate Programs in Economics and Finance
Department of Economics and Finance
3565 Old Main Hill, Logan, Utah 84322-3565
Phone: 435-797-9098, email: todd.griffith@usu.edu