The online master’s degree in finance concentration offers a deep dive into all aspects of the financial world. Most accredited schools have some mandatory courses in the program, and students can choose from a wide variety of choices. Here are some sample courses that students will come across in an online master’s in finance degree.
International Finance – The online program core courses provide a deep dive into international markets, foreign currencies, the tools available for global financial management, international tax laws, economic, political, and legal issues. It is through international finance that the dynamics of international monetary systems, investment analysis, foreign direct investment, global strategic management, global financial system, advanced financial management, balance of payments, human resource management and exchange rates. The study of a Masters degree in International Finance is a good basis for someone to understand various aspects of international trade.
Investment Analysis and Portfolio Management – In this online learning core courses program, students are exposed to portfolio management, advanced corporate finance, personal finances, financial reporting, corporate valuation, quantitative skills, analytical tools for maintaining a portfolio of securities, and how to maximize the profit for the investors. This module covers the field of investment and financial aid towards making the students proficient in the field of chartered financial analyst and help them understand and create financial strategies. It describes the main participants, their objectives and constraints, and the major investment markets. The module covers investment strategies for bonds, equities, and structured products including the use of derivatives in managing risk.
Risk Management – In the online program core courses program, students will be taught how to identify risk and minimize exposure to that financial risk. The course in Risk Management covers the key topics of risk management and will provide learners with an in-depth knowledge of the field. You will study the various risks that property and liability owners face on a daily basis and the manner in which they mitigate such risks. This involves risk involved in portfolio management as well.
Financial Planning -In this online core courses program is designed to teach students about macroeconomics and microeconomics, financial data, and counseling. Students are also exposed to estate planning, insurance, retirement, and benefits planning, financial aid, financial accounting, financial modeling, risk management, real estate investment, critical thinking skills, business strategy, managerial finance, security analysis and portfolio management. A financial plan is a comprehensive picture of your current finances, your financial goals and any strategies you’ve set to achieve those goals as well as understanding financial markets. Good financial planning should include details about your cash flow, savings, debt, investments, insurance and any other elements of your financial life.
Corporate Finance – In this course, students are taught topics such as capital structures, strategic financial decisions, financial aid, financial accounting, financial markets, financial modeling, financial strategies, international finance risk management, cost of capital vs. cost of operations, forecasting, etc. In particular, there are four elements within corporate finance that everyone should be mindful of when doing any type of analysis. These four critical elements in corporate finance are operating flows, invested capital, security analysis, cost of capital, and return on invested capital.
Banking – This course is designed to teach students about various aspects of how banks operate: legal issues, protecting assets of customers, advanced topics like cryptocurrencies, financial markets, growth, risk management etc. Banking curriculum is organized to provide a broad and fundamental understanding of commercial banking, financial markets, investment and portfolio management, international finance and what is required to successfully manage a commercial bank in today’s challenging financial services environment.
Quantitative Methods in Finance -Quantitative methods in Finance is an advanced financial course in which students are trained on using statistical models to provide students with tools that can help forecast capital market movements along with loan defaulting predictions. This course allows students to rely on mathematical models based on history for managing various financial aspects. The Master in Quantitative Finance has a technical focus. You will not only learn to apply state-of-the art methods, but also to understand their mathematical and statistical details. This knowledge prepares you to develop new methods yourself and to keep up with the fast developments in this field after graduation.
Financial Decision Process – The financial decision process is a fundamental course that exposes students to accounting and financial management, quantitative skills and qualitative skills, investment management, financial theory, managerial decisions, analytical analysis, cost-volume-profit analysis.
Applied Behavioral Finance – Applied behavior finance is an advanced financial course that deals with behavioral Finance, financial psychology, human emotions, and errors that people make in financial decisions. The course trains students on how to improve the financial health of their customers.