Gain a strong foundation in management principles and specialized skills in financial decision making with a master's degree in management with a specialization in financial management.

The Master of Science in management with a specialization in financial management from University of Maryland Global Campus provides you with solid management skills that are essential to the core functions of every organization. This program offers you the tools to make high-level decisions that can impact an organization's current operations and financial future.

These program requirements are for students who enroll in the 2019–2020 academic year. For prior year academic requirements, visit the catalog archive in the Current Students section.

About the Management Master's Degree with Financial Management Specialization

Courses in the financial management specialization feature projects for companies, studies of real crises, and analysis of real-time data sets. Among other topics, you'll study financial management methods used by government agencies, nonprofit groups, and privately held companies, as well as behavioral finance, long-term financial management and investing, international finance, and strategic financial management. A board of industry leaders and employers advises our faculty to make sure courses stay up-to-date with industry trends.

What You'll Learn

Through your coursework, you will learn how to

  • Manage your organization's current financial operations (cash, inventory, accounts receivable policy, payables, short-term loans, etc.)
  • Make long-term financial decisions, such as evaluating and selecting capital investments, financing capital requirements, taking a company public, and navigating mergers and acquisition as well as bankruptcy/liquidation
  • Incorporate international environments and opportunities into your planning
  • Manage costs and risks and evaluate investments using industry software
  • Perform financial analysis and modeling
  • Make strategic management decisions to solve operational problems

Coursework Examples

In past projects, students have had the opportunity to

  • Use Harvard University's case studies on companies facing financial challenges to analyze their situation and propose solutions
  • Examine the sources of the 2008 global financial crisis and analyze how companies acted to recover or moderate its effects
  • Play the role of a new CFO tasked with performing a comprehensive analysis of a hypothetical S&P 500 company and document findings in a paper for review by the company's CEO

Management Master's Degree with Financial Management Specialization Requirements

Our curriculum is designed with input from employers, industry experts, and scholars. You'll learn theories combined with real-world applications and practical skills you can apply on the job right away.

Master's - specialization Courses

Introductory Course

  • UCSP 615
    (to be taken within the first 6 credits of study)

Core Courses

  • MGMT 610
  • MGMT 615
  • MGMT 640
  • MGMT 650

Core Rules & Recommendations

  • MGMT 610 must be taken within the first 6 credits.
  • MGMT 640 and MGMT 650 should not be taken at the same time.

Specialization Courses

  • FIN 610
  • FIN 615
  • FIN 620
  • FIN 630
  • FIN 640
  • FIN 645
  • FIN 660

Specialization Rules & Recommendations

  • FIN 610 must be taken before all other FIN courses.
  • MGMT 640 must be taken before FIN 610.
  • FIN 620 and FIN 630 must be taken before FIN 660.
  • FIN 630 must be taken before FIN 645.

Capstone Course

  • MGMT 670

Capstone Rules & Recommendations

  • You must complete 24 credits, including all core requirements, before enrolling in MGMT 670.

Other Requirements

  • You must maintain a GPA of 3.0 or higher at all times.
  • All degree requirements must be fulfilled within five consecutive years.
  • Any transfer credits must have been earned within the five-year time frame to be applied toward a graduate degree.

Career Preparation

This program is designed to help prepare you for a leadership position in financial management in areas such as financial planning, financial analysis, investments analysis, loans, and consulting.

Experience Recommended for Success in the Program

We recommend a background in statistics, finance, and accounting. If you don't have recent statistics experience, we recommend you take UCSP 630. If you lack a background in finance or accounting, we recommend you take UCSP 620. We recommend UCSP 605 if you'd like to improve your graduate writing skills.

Student Clubs and Organizations

    Type: Student organization
    Available To: Undergraduate and Graduate

    The Accounting and Finance Forum provides information about the accounting and finance majors as well as topics of interest from course selection to career paths. It assists students with the exploration of resources on accounting and finance careers and the accounting and finance fields, including job postings and information about career opportunities.