Graduate Program in Finance
For specific concentration inquiries regarding the Graduate Programs please contact the department's Academic Coordinating Committee member listed at the end of the page.
Currently the Department of Finance offers concentrations in the following areas:
- Finance Concentration
- Corporate Finance Concentration
- Investment Management Concentration
- Energy Finance Concentration
- Real Estate Finance Concentration
- Private Equity Finance Concentration
The objective of the program is to prepare MBA students for financial positions with non-financial corporations, the financial services industry, private equity firms, energy companies, and real estate firms. This program builds on the existing faculty expertise in the Department of Finance and the McCombs School of Business. Based on students' choices among a multidisciplinary set of courses in finance, accounting and other fields, students are able to develop concentrations in the areas of corporate finance, investments, and private equity as well as energy finance and real estate finance.
In recent years, finance has been the largest, single placement area in the MBA program with approximately 40% of all the job offers made to MBA students for positions in finance. A representative list of firms who recruited UT MBA students for finance-related positions over 2004-2005 can be found following the course requirements for each concentration. The Department has consulted with many of these firms, as well as other finance recruiters, in the development of the program.
One of the goals in designing the program is to provide students with the maximum flexibility possible in course selection, while insuring that students have sufficient exposure to the academic subjects necessary to certify them as prepared for finance-related careers. The Finance concentration (as well as each additional concentration area) has three required courses for all students beyond the introductory course BA 285T, Financial Management: FIN 286, Valuation, FIN 394.1, Advanced Topics in Corporate Finance and FIN 397.1, Investment Theory and Practice. Students then take 12 additional semester credit hours from two curriculum blocks. The two blocks are: (1) Finance and Real Estate, requiring a minimum of three courses selected by the student from the non-core, graduate electives offered by the Department of Finance; and, (2) Accounting, with a minimum of one graduate accounting course beyond the accounting core requirement. Students can freely select courses for each block to design a curriculum that best prepares them for their desired financial positions. Students planning to complete the Finance concentration should take FIN 394.1 and FIN 397.1 during the spring semester of their first year. Most of the remaining Finance electives have these 2 courses along with BA 285T and FIN 286 as pre-requisites.
Academic Coordinating Committee
The following Finance Department faculty serves as the Academic Coordinating Committee for the program. Students are encouraged to contact them for advice.