2015-2016 Graduate Academic Catalogue 
    Mar 03, 2024  
2015-2016 Graduate Academic Catalogue [ARCHIVED CATALOG]

Master of Science in Finance

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Office: Timonium Campus, Suite 08
Telephone: 410‑617‑5067
Website: www.loyola.edu/sellinger

Associate Academic Dean: Marianne Ward-Peradoza
Program Manager: Patricia Tarrant

The Master of Science in Finance (MSF) offers advanced financial training. The MSF program builds on a foundation of business and qualitative skills and is designed to offer a strong conceptual understanding of finance in order to develop a student's analytical and critical thinking skills. Additionally, the program is designed to enhance the student's ability to sit for the initial professional certification examinations within the finance profession. Four major themes are stressed within the MSF program: technical competence, application of financial tools to decision making, value creation for stakeholders, and professional responsibility and ethics.

Admission Criteria

Detailed admission information (application procedures, required documents, deadlines, etc.) can be found under Admission  

GMAT Waiver Policy

Applicants to the MSF program who meet certain provisions can request consideration for admission without submitting a GMAT score. If, upon review by the admission committee, the applicant is considered admissible without a GMAT score, that requirement will be waived. The following provisions qualify an applicant for consideration for the GMAT waiver: possession of an advanced degree with quantitative content (e.g., master's, doctorate, etc.) or an undergraduate GPA of 3.250 or higher, combined with at least five years of significant professional experience (typically postbaccalaureate) and a personal interview with a Loyola academic advisor.

The admission committee reserves the right to require a GMAT score from an applicant even if the basic conditions are met.

Financial Aid

Student loans are available. All applicants should file a Free Application for Federal Student Aid (FASFA) to be considered for aid. Inquiries concerning loans should be directed to the Financial Aid Office, 410‑617‑5149.

Prerequisites and Basic Competencies

The MSF program attracts students with strong intellectual abilities, demonstrated records of success and the keen desire to pursue a successful career in the field of finance. The program focuses on students who have a bachelor's or master's degree in a business discipline; however, students with strong academic and experience credentials from any academic discipline are accepted. The academic records of all accepted students will be evaluated by a program advisor to determine if foundation coursework is necessary before beginning the core (700-level) courses. Foundation coursework includes accounting, finance, economics, and statistics.

Degree Requirements

A minimum of 30 core course credits (GB 700/800-level) is required of all students. For specific policy information on non-Loyola coursework considered for advanced standing or transfer, as well as Loyola coursework eligible for application from one Loyola business program to another, see Transfer Credit under Academic Regulations and Policies .

The curriculum consists of 10 three-credit courses (7 required, 3 elective) beyond the foundation level. Based upon established policy, the preprogram competency course and foundation courses, GB 500 , GB 600 , GB 611 , GB 613 , and GB 620  may be waived based on prior academic experience.

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