University of Miami to Offer an Online Master of Science in Finance

Program can be completed in 16 months

The University of Miami's School of Business Administration has announced that it will launch an online Master's in Finance program.

The program will be taught by the same faculty who teaches the school's on-campus programs. It can be completed in 16 months.

Students will be able to choose from two certificate tracks: corporate finance, or financial decision-making. Each will prepare students for careers in distinct areas of finance. "The corporate finance track builds skills relevant to those pursuing careers in or interacting with functions such as the controller’s office, treasury management, capital budgeting, and investor relations," according to the school.

The financial decision-making track, on the other hand, is intended for "those who plan to work in a corporate setting or in the management of mutual funds, hedge funds, and pension funds."

With the new online Master's in Finance, Miami is set to join a growing number of US business schools who are offering similar programs. In 2013, Georgetown University's McDonough School of Business announced that it would be offering an online MS in Finance; Indiana University's Kelley School of Business and Arizona State University's School of Business offer similar programs, among others.

The University of Miami's online Master's in Finance is set to launch in January 2015. To apply for the program, interested candidates should have an undergraduate GPA of at least 3.0, but there will be some flexibility based on work experience and coursework. A GMAT score is also required, unless the candidate's undergraduate GPA was at least 3.2.

Inaugural tuition reductions and merit scholarships of up to 30 percent are available for qualified applicants.

For more information, please see the University of Miami's online Master in Finance program webpage.

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