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Graduate Programs
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 385T, 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 385T and FIN 286 as pre-requisites.
Curriculum Requirements
FIN 286 – Valuation (flexible core)
FIN 394.1 Advanced Topics in Corporate Finance
FIN 397.1 Investment Theory & Practice
It is advised that students take FIN 394.1 and FIN 397.1 during the spring
semester of their first year in the MBA program.
Finance and Real Estate Block
Students take any three non-core, graduate courses with the
prefix of FIN or RE taken during the second year in the MBA
program.
Accounting Block
Students take any non-core, graduate course with the prefix of
ACC.
Total required hours: 20
