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Program Description
The master of science (M.S.)
in finance is designed to provide
quantitative and comprehensive
examination of the finance field.
Students will advance through corporate finance,
investments, and market instruments and institutions.
Additionally, students will experience significant
exposure to supporting coursework in the closely
related fields of accounting and economics.
A capstone experience will tie together the
major finance topics and expose students to
literature, and the analysis thereof, pertinent to
the field. After a comprehensive examination of
the field, students may choose their electives to
satisfy their specific career goals. Students
desiring to take advanced certification, such as the
CFA (Chartered Financial Analyst) or CFP
(Certified Financial Planner), will want to take
advanced courses in Investments and Portfolio
Management, while student interested in pursuing
careers in other fields may to take Entrepreneurial
Finance, Capital Budgeting, International Finance,
or similar advanced topics offered by the School of
Business & Technology.
Program Curriculum
The M.S. in finance requires successful completion of 36
credit hours including 27 required credit hours and 9 credit hours of electives.
The following courses are required for the M.S. in finance:
 BUSN 6050 Macroeconomic Analysis
BUSN 6070 Management Accounting
FINC 5000 Finance
FINC 5210 Investments
FINC 5830 Institutions and Financial Markets
FINC 5870 Derivatives
FINC 5880 Advanced Corporate Finance
FINC 6290 Financial Strategies
Prerequisites:
BUSN 5600 Accounting Theory and Practice
BUSN 5620 Current Economic Analysis
BUSN 5760 Applied Business Statistics
Note: Program prerequisites are to be completed before
beginning course-work for the M.S. in finance for
those students who have not completed prerequisite
courses (or an appropriate equivalent) withing five years of
entering the program and having earned a grade of B or better.
If the approprate prerequisite course content was completed
longer than five years prior to entering the program, the
department will allow a waiver if the student demonstrates
their command of the content area by successfully completing
a waiver examination. The prerequisite courses BUSN 5600
and BUSN 5620 may not count as electives in the 36-credit-hour
M.S. in finance.
 Webster
University St. Louis Graduate Thesis Guidelines
Course Descriptions
BUSN 6050 Macroeconomic Analysis
The course provides the consumer of macroeconomic
news a conceptual foundation in macroeconomic theory.
The goal is to prepare the manager/ analyst to
consume macroeconomeic news and anlysis and to
draw independent conclusions. Prerequisite: BUSN 5620.
BUSN 6070 Management Accounting
The student examines advanced topic in management accounting
as these relate to management information needs for planning,
control, and decision making. Topics include interpretation of
standard cost variances; application of quantitative techniques;
evaluation fo divisional performance; activity-based costing;
and the behavioral impact of accounting systems.
Prerequisites: BUSN 5600 and BUSN 5760.
FINC 5000 Finance (Requisite Course)
The student examines the general nature of financial management,
the American financial system, taxes, and the major financial decisions of
corporations. Specific attention is given to present value and capital budgeting;
risk and asset pricing; financial analysis and forecasting; financial decisions
and market efficiency; and capital structure. Problem-solving methodology is used
to illustrate the theories and tools in financial decision making.
Prerequisite: BUSN 5600 and BUSN 5760 (BUSN 5200 cannot be substituted for FINC 5000.).
FINC 5210 Investments
Principles and methods of investing in securities of business
and government. This course is a study of practical management
of portfolios containing both fixed-income and equity investments.
The course will examine the issues in and the procedures for
security analysis and portfolio management. The emphasis is on
the application of analytical techniques and portfolio management
theories for individual investors. Prerequisite: FINC 5000.
FINC 5830 Institutions and Financial Markets
Students develop a unified framework for understanding financial intermediaries
and markets. They examine the structure, regulation, and operation of banking and
non-banking financial institutions; analyze how central bank operations affect
financial institutions; and develop an understanding of money and capital markets,
the flow of funds through the economy, and the role of financial and futures markets.
Prerequisite: FINC 5000.
FINC 5870 Derivatives
This course shows how financial managers can use capital
markets technology and explores how derivatives can be
used to manage financial risks and position firms to
exploit strategic opportunities, reduce financing costs,
and structure incentives. Students learn the mechanics of
options, forwards, futures and swaps and study uses of
these intruments. Prerequisites: FINC 5210, FINC 5880, a
nd BUSN 5760 or equivalent.
FINC 5880 Advanced Corporate Finance
This advanced study of corporate financial analysis and planning
includes capital budgeting, cost of funds, and capital structure
and valuation. Selected topics that may be covered are leasing,
mergers, takeovers, business failure, reorganization, and liquidation.
A combination of problem-solving and case study methodologies is
used to illustrate theories and techniques helpful in financial
analysis and planning. Prerequisite: FINC 5000.
FINC 5890 Financial Statement Analysis
Interpretation, analysis, and evaluation of financial reports from viewpoints
of creditors, owners, investment frims, and others concerned with business
strengths or weaknesses. The impact of general business and specific industry
situations, behavior of financial markets, credit or lending criteria,
and equity investment standards as related to financial statements
to determine present and future financial condition are
covered. Prerequisite: FINC 5000 and BUSN 5600 or equilvalent.
Capstone Course
FINC 6290 Financial Strategies
This course will be a final, comprehensive finance offering
that will make use of cases and/ or simulations to enhance
the real-world applicability of the finance degree and to
integrate all previous coursework. Prerequisite: completion of
all other required courses for the M.S. in fianace
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