Master of Finance

Master of Finance

Kickstart Your Finance Career

The Robert H. Smith School of Business Master of Finance (MFin) program gives you the advanced knowledge you’ll need to launch an exciting career in finance. Our students are data-informed, analytical thinkers interested in applying the latest finance technologies to careers in corporate investment, risk management and asset allocation.

Why Get a Master of Finance at Smith?

Smith's Master of Finance (MFin) provides you with a sophisticated, high-level understanding of finance. We’ll help you acquire in-demand technical skills, gain proficiency in AI tools, critically think through financial obstacles and explore ways to communicate complex financial ideas to others. As a Smith finance student, you'll also have gain access to cutting-edge financial resources through Bloomberg and Mergent.

Advance Toward Finance Certifications

Learn useful skills that can prepare you to take the Certified Financial Analyst (CFA) and the Financial Risk Manager (FRM) exams.

Learning Tailored for the Workplace

Combine the theories you learn in class with projects and experiences that mirror what you'll do in the workplace.

Use Latest Programming Technology

Explore key finance concepts and learn the latest industry technologies, such as Python and R.

Upcoming Master of Finance Events

Admissions, Info Session

Which Business Master’s Is the Right Program for Me?

Thursday, November 21, 2024
8:30 AM EST
View Event Which Business Master’s Is the Right Program for Me?

Smith Social - Baltimore

Thursday, November 21, 2024
6:30 PM EST
View Event Smith Social - Baltimore
Info Session

Estudia negocios en Smith!

Tuesday, December 3, 2024
7:00 PM EST
View Event Estudia negocios en Smith!

Our Faculty Is Name-Brand

Did you know that two Smith professors who teach in the MFin program have prominent financial models named after them? Pete Kyle, one of the foremost financial economists of our time, is the namesake of the Kyle Model, which provides a foundation for the modern theory of market microstructure. The Heston Model is named after Steve Heston, and it describes the evolution of the volatility of an underlying asset.

Top 20 Public College for High-paying Jobs in Finance, U.S.

Wall Street Journal, 2023

Alumni Profiles

Our MFin students pursue competitive and exciting finance opportunities in their fields after graduating. Their experiences at Smith helped them to expand their network, solidify their career goals and prepared them to perform their job responsibilities a step above the rest.

“The finance career coach, Pauline Ma, is like my mentor — or even family. Pauline helped me explore who I am as a person, which allowed me to find opportunities that triggered my interests.”

Fang Yu (Louis) Liu
Master of Finance ’21

“Professor Kozak went above and beyond to make sure I had a deep understanding of the material.”

Michelle Weinfeld Kudwitt
Master of Finance ’20
Finance Associate at Caithness Energy

“Doing hands-on projects allowed me to better understand model development, quantitative analytics and technical programming. I was more than prepared to explore the finance world after graduating.”

Xinyue (Sherry) Zhang
Master of Finance ’16
Risk Analyst at World Bank Group

Master of Finance at a Glance

2 or 3
Semesters
30
Credits
3.4
Average GPA
Average tuition money saved by pursuing a business master’s degree through the Plus 1 program compared with a traditional graduate program path.

Available as a Plus 1 Program

If you’re a current University of Maryland freshman, sophomore or junior, you can pursue your Master of Finance degree through the Plus 1 program. You’ll save time and thousands of dollars on graduate tuition through this accelerated business master’s program.

Learn More: Plus 1 Program

Apply and Receive Admissions Benefits

Maryland Advantage can make it easier for applicants who have completed their undergraduate and/or graduate degree in the United States to transition into the business master’s program by helping them save money on tuition, skip graduate entrance exams and get personalized career counseling before starting their program.

Learn More: Admissions

Acquire Valuable Skills with STEM Designation

As a Master of Finance (MFin) student, you’ll lean into a wide range of concepts ideal for a career in corporate finance, risk management or asset management. You’ll also put your quantitative skills to full use as you explore concepts and tools, such as:

  • Big data and machine learning in finance
  • Climate finance
  • Corporate and credit risk management
  • Credit risk modeling
  • Financial data analytics
  • Financial strategy
  • Institutional asset management
  • Mergers and acquisitions
  • Portfolio management
  • Python
  • Quantitative investment
  • SAS
  • Valuation and business modeling
  • Venture capital and private equity

Explore Our Focus Areas

Choose a specialized focus area to acquire the targeted skills you’ll need in your finance career.

Asset Management

Manage a company or individual’s investments and financial portfolio. Future career roles often include investment banking and financial advising.

Climate Finance

Understand, quantify and manage the financial impacts connected to climate change. You will develop climate risk models, learn how to valuate assets factoring in climate-related risks and work closely with sponsors to solve a climate-related financial challenge.

Corporate Finance and Risk Management

Examine a company’s financial picture and learn how to identify, manage and mitigate risk to a company’s earnings. Future career roles often include risk and research analysis and financial consulting.

Learn from Expert Faculty

Your professors are savvy, well-connected finance leaders whose research has changed the world of finance. They will push you to take your skills to the next level and offer valuable guidance as you navigate your coursework and career.

His seminal 1985 paper, nicknamed Kyle '85 by Nobel laureates and others, changed the thinking on the way markets operate.

Co-creator of an entire field of finance research – market microstructure (The Kyle Model).

Expert in market microstructure, corporate finance, asset pricing and management, and private equity.

Albert "Pete" Kyle

Founding executive director of the Federal Statistical Research Data Center at UMD Smith.

Expert in mergers and acquisitions, investments, and corporate governance.

Liu Yang

Former finance executive at Citigroup, Freddie Mac, Fannie Mae and Washington Mutual.

Expert in climate, supply chain and health risk management; bank capital issues and housing finance reform.

Cliff Rossi

Academic Director

Michael Cichello
Academic Director, Master of Finance & Master of Quantitative Finance Programs
mcichell@umd.edu

Faculty

Michael Faulkender

Dean’s Professor of Finance
mfaulken@umd.edu

Serhiy Kozak

Associate Professor
skozak@rhsmith.umd.edu

Albert “Pete” Kyle

Distinguished University Professor
akyle@rhsmith.umd.edu

Vojislav Maksimovic

William A. Longbrake Chair in Finance
vmaksimovic@rhsmith.umd.edu

Clifford Rossi

Professor of the Practice
crossi@umd.edu

Russell Wermers

Paul J. Cinquegrana ’63 Endowed Chair in Finance
wermers@umd.edu

Liu Yang

Associate Professor
lyang1@umd.edu

Where Your Degree Can Take You

$83K
Average starting salary for our MFin graduates*
$118K
Average salary for financial and investment analysts in the DC, Maryland, Virginia area
84%
Percentage of our MFin grads who have secured within six months of graduating*

Source: UMD Smith’s Office of Career Services, U.S. Bureau of Labor Statistics, 2023
*Data for 2023 graduates who reported their salaries to UMD Smith's Office of Career Services. Please note these figures do not meet the 75 percent MBACSEA reporting threshold.

Picture Yourself in These Careers

Advisory Associate

Financial Analyst

Financial Consultant

Research Analyst

Investment Banking Analyst

Risk Analyst

"There are professors at Smith who are renowned across the world for their theories in finance. It was a unique opportunity to learn material from people who were creating those theories.”

Yulia Ogorodova
Master of Finance ’15
VP of Asset Management; Independence Realty Trust, Inc.

Businesses who have hired our Master of Finance Graduates

  • BlackRock
  • Capital One
  • Citi
  • Freddie Mac
  • HSBC
  • Morgan Stanley
  • PWC
  • RiskSpan

Boost Your Professional Skills 

Smith’s Office of Career Services (OCS) can help you bridge the gap between being a student and an employed professional. You’ll have one-on-one access to a career coach who will provide personalized tips on articulating your strengths when interacting with your future employer.

Learn More: Office of Career Services

Connect With Your Classmates

You’ll have plenty of opportunities to make connections at Smith and engage in exciting social activities through the Smith Masters Student Association. You can join an accounting-related club or others that provide you with general connections and skills.

Learn More: Smith Masters Student Association

Finance Advisory Council

Advisory Councils keep us actively engaged with industry leaders and experts, who bring their real-world experience to help shape what students learn, match classroom lessons to real-world needs, and widen the pipeline for internship and job opportunities.

MEET THE ADVISORY COUNCIL

Contact Us

Business Master's Office
2303 Van Munching Hall
College Park, Maryland 20742-1815
Phone: 301-405-2559
E-mail: SmithMasters@umd.edu
Hours: 8:30 a.m. to 4:30 p.m. Monday-Friday

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Questions? Contact the MBA & Business Master's Admissions Office at 301-405-2559 or SmithMasters@umd.edu.

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