Finance Graduate Program Handbook

The Master of Science in Finance (“MSF”) program, offered by the AACSB-accredited Department of Managerial sciences at the College of Business, is designed to help students develop technical and analytical skills in the area of finance and to acquire the core conceptual knowledge about the applications of those skills in solving financial issues and furthering the body of knowledge through ongoing research. Students completing the program receive a well-rounded education in finance.

Master of Science in Finance students learn from accomplished professors and scholars who are committed to high-quality teaching. Specifically, upon completion of the program students will achieve the following learning outcomes:

  1. Students will be able to understand how markets work according to the Efficient Market Hypothesis.
  2. Students will be able to value financial assets such as stocks, bonds, and derivatives using current valuation methods.
  3. Students will be able to evaluate capital budgeting projects.
  4. Students will be able to construct efficient portfolios.

For more information, visit the Finance Department page or contact the program director:

Hongchao Zeng, Ph.D.
Assistant Professor of Finance
Ansari Business Building 311 B
hzeng@unr.edu
(775) 682-9195

Note: This handbook lists graduate program academic policies and procedures. It includes information on graduate school policies, degree requirements, timeline for degree completion, committee selection guidelines and comprehensive exam/thesis requirements. Every effort has been made to make this handbook accurate as of the date of publication; however, this handbook does not constitute a contractual commitment. Graduate programs may not offer all of the courses as described, and policies are subject to yearly review and changes with program director and Graduate Council approval.

Degree Requirements

The Master of Science in Finance program consists of two options: option A (thesis option) with 30 credits and option B (non-thesis option) with 33 credits. Depending on students’ backgrounds several pre-requisite courses may be required (see below).

The thesis option provides students the opportunity to complete a research project under the guidance of expert faculty. Completing a thesis can strengthen the student’s profile both academically and professionally. Consider these additional points:

The non-thesis option allows the student to have more class time and a structured syllabus instead of research. This might be an option for those who prefer to finish the program as quickly as possible and begin a job search outside of academia or research.

Course Overview

Plan A (non-thesis):

Plan B (thesis):

Electives

Students who do not have a background in finance may be required to take some or all of the following background courses.

The decision which background courses are required is made on a case by case basis and depends on the students’ backgrounds.

Graduate School Academic Requirements

All graduate students must maintain a cumulative graduate GPA of 3.0. If their GPA drops below 3.0 they are either placed on probation or dismissed. Undergraduate courses will not count towards graduate GPA.

Probation

Students whose cumulative graduate GPA is between 2.99 and 2.31 are put on probation. Students are placed on academic probation for one semester. If they fail to raise their cumulative GPA to 3.0 by the end of one semester, they are dismissed from their graduate program. Thesis, dissertation, S/U graded credits, and transfer credits have no impact on a student’s GPA.

Dismissal

Students whose cumulative graduate GPA is 2.30 or lower are dismissed from graduate standing. Dismissed students are no longer in a graduate program but may take graduate-level courses as a Grad Special. Students wishing to complete their degree must obtain approval to take graduate-level courses, raise their graduate GPA to at least 3.0 and then re-apply to a graduate program. Any courses taken to raise their GPA will be included in the graduate special/ transfer credit limitation (9 credits for master’s degrees).

Transfer Credits

Students may transfer credits from institutions to meet the degree requirements. Students can also apply credits from another graduate program at UNR towards the MSF program. Per graduate school policy the combined number of courses transferred from another institution and from another UNR graduate program cannot be more than three (nine credits). The decision whether a course taken in a different program and/or at a different institution meets the MSF program requirements is made on a case by case basis.

Note that pre-requisite / background courses do not need to be transferred.

Graduate School Policy: Transfer credits are credits transferred from another institution. Credits completed at UNR in another program or as a graduate special do not need to be transferred. Transfer credit is requested on the Graduate Credit Transfer Evaluation Request form available on Graduate School website and must be signed by the student, major advisor, and graduate director. Transfer credits applied to a master’s program must comply with the time limitation on master’s work (6 years). Thus, if a student took a course five years prior to admission, they would have to complete the degree within one year for the course to apply to the degree. Credits from a completed master’s degree will be exempt from the 8-year time limitation for those students earning a doctoral degree.

Timeline for Degree Completion

The timeline for completion of the program depends on the following:

Sample timeline for full-time student with background in finance:

First-year Fall Semester (3 courses; 9 credits)

First-year Spring Semester (3 courses; 9 credits)

Second-year Fall Semester (3 courses; 9 credits)

Second-year Spring Semester (2 courses; 6 credits)

Please note the deadlines for the following forms that must be submitted to the graduate school: