At Chicago, Booth is launching a master's degree in finance, the second new degree in 88 years

The   Booth School of Business announces a new master's program in finance, the second new program announcement this year

In July, the University of Chicago Booth School of Business launched its first new degree since World War II, a Master of Science in Management. Six months later came another big announcement: On Tuesday, Dec. 12, the Booth School of Business launched a new master's degree in finance, starting in fall 2024. "Booth's School of Finance in Chicago is the best in the world," said Madhav Rajan, Booth's dean and the George Schultz Professor of Accounting, when the school announced the new degree. “For more than 100 years, they developed modern financial theory and shaped the course of financial knowledge and markets. We are excited to bring our transformative approach and the latest innovations in finance to talented, analytically minded university graduates, helping them launch their careers and putting them at the forefront of this fast-changing field. "

The program will have a standard course of 15 months and an accelerated course of 10 months. Applications are now open; the first deadline is January 25, 2024, and the second deadline is March 29, 2024. Tuition for the program has not yet been released.

Education consists of 13 courses and 4 specialties

At Chicago, Booth is launching a master's degree in finance, the second new degree in 88 years

Starr Marcello, Booth School of Business: "Combining a deep understanding of finance with the ability to communicate and solve problems effectively, our MSc in Finance graduates will prepare them for their careers in the early years and beyond. Set yourself up for success at work."

The University of Chicago Booth School of Business has long been recognized as a leader in financial education, with 32.6% of the MBA Class of 2023 entering the field, down slightly from 2022 but higher than any MBA class since the Class of 2016. The median annual salary for finance graduates this year is $175,000, with graduates in some professional fields earning more; The highest-paid Boothie class of 2023 is for graduates working at private equity firms, with a base salary of $247,500. The school's longtime recruiters include Goldman Sachs, Bank of America, Citigroup and Morgan Stanley. The story continues

The new master's program in finance is only the second new program in the 88-year history of the Business School. Booth described it this way in his press release:

"Education includes an inclusive orientation program with a focus on career research and counseling, as well as opportunities to specialize in a specific field, which will help ensure students stand out in the labor market.

“Students in the Booth Master of Finance program take as a group four core courses—investing, corporate finance, data analytics, and financial accounting—and nine electives in a total of 13 courses. There are five electives in finance and students can choose the remaining four electives from various MBA courses. Students can also tailor finance electives to meet their career goals by choosing one of four areas of specialization: asset management, investment banking, financial technology, or financial studies. "Career development also takes place throughout the student's time in the program (starting even before classes start), as well as experiential opportunities such as internships and the Booth-sponsored Financial Leaders Speaker Series, which will allow students to network and connect with hiring managers at Contact Top Financial Companies. "

Students can delve into artificial intelligence, blockchain and financial technology

The school claims that students who complete the new Masters in Finance program will "not only have a deep understanding of this dynamic and fast-growing industry, but also a range of skills that go beyond the theoretical realm".

"One of the hallmarks of this new program is that students can take courses that are truly relevant to the latest technologies and advancements that are disrupting the financial industry," said Ralph S.J. Koijen, AQR Capital Management Distinguished Service Professor of Finance and Fama Faculty Fellow, the school said in a statement. "By choosing courses that delve into topics such as artificial intelligence, machine learning, big data, blockchain technology, fintech and current topics in investment banking, students will gain an advantage in the market after graduation."

"We designed this transformative program not only to improve students' quantitative skills, which are critical to success in finance," said Starr Marcello, associate dean of Booth's MBA programs. important), but also aims to improve their interpersonal and critical thinking skills. ," says a report on the new program on Booth's website. "Combining a deep understanding of finance with the ability to communicate and solve problems effectively, our Master of Finance graduates will be prepared to succeed in their early careers and beyond."

Learn more about Booth's Master of Finance here. Don't miss the latest news: Another M7 School Launches an MBA, Chicago Bench MBA Average Salary Now Above $200,000

University of Chicago Booth School of Business Launches Master of Finance, Second New Degree in 88 YearsAt Chicago, Booth is launching a master's degree in finance, the second new degree in 88 years

At Chicago, Booth is launching a master's degree in finance, the second new degree in 88 years

The University of Chicago's Booth School of Business announces a new master's program in finance, the second new program announcement this year

In July, the University of Chicago Booth School of Business launched its first new degree since World War II, a Master of Science in Management. Six months later came another big announcement: On Tuesday, Dec. 12, the Booth School of Business launched a new master's degree in finance, starting in fall 2024. "Booth's School of Finance in Chicago is the best in the world," said Madhav Rajan, Booth's dean and the George Schultz Professor of Accounting, when the school announced the new degree. “For more than 100 years, they developed modern financial theory and shaped the course of financial knowledge and markets. We are excited to bring our transformative approach and the latest innovations in finance to talented, analytically minded university graduates, helping them launch their careers and putting them at the forefront of this fast-changing field. "

The program will have a standard course of 15 months and an accelerated course of 10 months. Applications are now open; the first deadline is January 25, 2024, and the second deadline is March 29, 2024. Tuition for the program has not yet been released.

Education consists of 13 courses and 4 specialties

At Chicago, Booth is launching a master's degree in finance, the second new degree in 88 years

Starr Marcello, Booth School of Business: "Combining a deep understanding of finance with the ability to communicate and solve problems effectively, our MSc in Finance graduates will prepare them for their careers in the early years and beyond. Set yourself up for success at work."

The University of Chicago Booth School of Business has long been recognized as a leader in financial education, with 32.6% of the MBA Class of 2023 entering the field, down slightly from 2022 but higher than any MBA class since the Class of 2016. The median annual salary for finance graduates this year is $175,000, with graduates in some professional fields earning more; The highest-paid Boothie class of 2023 is for graduates working at private equity firms, with a base salary of $247,500. The school's longtime recruiters include Goldman Sachs, Bank of America, Citigroup and Morgan Stanley. The story continues

The new master's program in finance is only the second new program in the 88-year history of the Business School. Booth described it this way in his press release:

"Education includes an inclusive orientation program with a focus on career research and counseling, as well as opportunities to specialize in a specific field, which will help ensure students stand out in the labor market.

“Students in the Booth Master of Finance program take as a group four core courses—investing, corporate finance, data analytics, and financial accounting—and nine electives in a total of 13 courses. There are five electives in finance and students can choose the remaining four electives from various MBA courses. Students can also tailor finance electives to meet their career goals by choosing one of four areas of specialization: asset management, investment banking, financial technology, or financial studies. "Career development also takes place throughout the student's time in the program (starting even before classes start), as well as experiential opportunities such as internships and the Booth-sponsored Financial Leaders Speaker Series, which will allow students to network and connect with hiring managers at Contact Top Financial Companies. "

Students can delve into artificial intelligence, blockchain and financial technology

The school claims that students who complete the new Masters in Finance program will "not only have a deep understanding of this dynamic and fast-growing industry, but also a range of skills that go beyond the theoretical realm".

"One of the hallmarks of this new program is that students can take courses that are truly relevant to the latest technologies and advancements that are disrupting the financial industry," said Ralph S.J. Koijen, AQR Capital Management Distinguished Service Professor of Finance and Fama Faculty Fellow, the school said in a statement. "By choosing courses that delve into topics such as artificial intelligence, machine learning, big data, blockchain technology, fintech and current topics in investment banking, students will gain an advantage in the market after graduation."

"We designed this transformative program not only to improve students' quantitative skills, which are critical to success in finance," said Starr Marcello, associate dean of Booth's MBA programs. important), but also aims to improve their interpersonal and critical thinking skills. ," says a report on the new program on Booth's website. "Combining a deep understanding of finance with the ability to communicate and solve problems effectively, our Master of Finance graduates will be prepared to succeed in their early careers and beyond."

Learn more about Booth's Master of Finance here. Don't miss the latest news: Another M7 School Launches an MBA, Chicago Bench MBA Average Salary Now Above $200,000

University of Chicago Booth School of Business Launches Master of Finance, Second New Degree in 88 Years