The Online Master of Science in Finance at Northeastern's D'Amore-McKim School of Business will help you cultivate the high-level knowledge needed to drive financial strategy, even during times of uncertainty. Northeastern University offers an academically rigorous program with immersive, experience-powered opportunities and flexibility to suit your schedule.
No other program will give you both the technical and analytical skills you need for success in the finance field, while also helping you hone skills like creativity and problem solving that will make you an effective modern business leader.
Choose from two tracks—Corporate Finance or Investment Finance
Earn your degree in as few as 16 months
Courses limited to 20 students
Vast global alumni network—find connections, access expert opinions, and gain industry insight
Why this program?
The Online Master of Science in Finance is designed to develop your expertise in finance, both in theory and in practice. You'll dive into concepts and learn how to minimize risk, maximize return on investments, and sustain growth. You'll learn from industry experts who understand how data and technology are shaping the field of finance and the global economy.
Northeastern’s Online Master of Science in Finance at a glance:
Earn a degree from a Top 40 research university
Learn both essential and high-level finance knowledge so you can drive financial strategy, increase shareholder value, support flexible operating models, minimize risks, and maximize revenues
Tailor your degree by selecting a track in Investment Finance or Corporate Finance
Take part in intimate online courses that foster a strong peer network and allow for robust interaction with your faculty
Listen to lectures, access course materials, and submit assignments by deadlines at your own pace each week
Supplement your study for the Chartered Financial Analyst designation with CFA preparations integrated into your coursework
Participate in an International Field Study as an elective, where you can study and travel over approximately eight days and gain new perspectives on global business while meeting classmates and faculty in person
Expand your network and connect with other experienced finance professionals by gaining access to 40,000 distinguished alumni from D'Amore-McKim and 235,000 alumni from Northeastern
Choose from two tracks
The Online MS in Finance features two in-demand study tracks, allowing you to specialize your master’s degree to align with your career goals.
Master the tools and methods used to manage assets and portfolios within the financial industry. Strengthen your ability to analyze and manage investments in securities, equity and fixed-income securities, options, futures, and other derivative securities, performance analysis, financial risk management, and private wealth management.
Learn ways to manage financial resources within an organization to help increase profitability and shareholder value. Advance your knowledge of financial management and valuation issues, including strategic business planning and analysis, treasury management, consultation, and various aspects of investment and portfolio management.
At Northeastern’s D-Amore-McKim School of Business, the Online MS in Finance has been designed for resilient, lifelong learners like you. Experience in financial theory, strategy, and practice is embedded into the curriculum by a faculty of subject matter experts who bring their own unique knowledge and insight.
This program includes experience-powered learning opportunities, which is the hallmark of a Northeastern education. You’ll be embedded in project-based work where you can apply your knowledge right away and become a more creative and agile employee.
The Online MS in Finance program consists of 30 credit hours that span 10 individual courses. Students begin with six required courses that delve into the underpinnings of finance prior to completing four elective courses that expand their depth of knowledge into various aspects of the industry.
You'll learn best when you are challenged and supported. That’s why Northeastern's academic environment is rigorous, guided, and flexible. You'll focus on one course at a time for an intensive learning experience. Start when you're ready at one of Northeastern's multiple start times each year and plan your class schedule to fit your needs.
You can complete the program in as few as 16 months, and your dedicated student services advisor will be with you each step of the way from planning your schedule, to asking tough questions that will challenge your perceptions, to helping you build your community.
FINA 6201 – Core Financial Theory and Policy (3 credit hours)
Covers the fundamentals of financial decision-making and introduces students to the basic framework of corporate finance. Topics include tools and applications of financial asset valuations, the risk-return trade-off, modern portfolio theory, methods of calculating the risk of financial assets, tools and applications for analyzing a firm’s capital investment decisions, capital structure and dividend policy issues, theory and evidence concerning corporate restructuring, such as mergers and hostile takeovers, and issues concerning international financial management and the legal, ethical, and regulatory environment of financial management.
FINA 6202 – Core Analysis of Financial Institutions and Markets (3 credit hours)
Introduces the domestic and international financial system and the institutions within it. Develops data and quantitative analysis tools utilized for economic and financial modeling and analysis. Emphasis is on regression analysis and its application, including how to build and interpret statistical models. Topics include the major types of financial institutions that operate within the global economy and the financial instruments they employ; how exchange rates, interest rates, and security prices are determined and how they affect the global economy; and how governments and central banks impact economic and financial conditions.
FINA 6203 – Investment Analysis (3 credit hours)
Familiarizes students with domestic and international financial markets and the securities traded therein. Discusses a variety of techniques for valuation of financial assets and relies heavily on quantitative methods. Critically analyzes such qualitative concepts as market efficiency, intrinsic value, and risk. The contents of this course—descriptive, theoretical, and applied—seek to provide students with the ability to build unique valuation models to suit the investment alternative they wish to scrutinize. Also provides students with an understanding of how investment theory and investment practice relate. Prerequisite: FINA 6201.
FINA 6204 – International Finance Management (3 credit hours)
Develops specific concepts, policies, and techniques for the financial management of a multinational firm. Topics include operation of foreign exchange markets, foreign exchange risk management, sources and instruments of international financing, foreign direct investment and the management of political risk, multinational capital budgeting, and financing control systems for the multinational firm. Prerequisite: FINA 6201.
FINA 6205 – Financial Strategy (3 credit hours)
Develops financial, analytical, and communication skills necessary to design and implement a financial strategy consistent with firm value creation in a dynamic environment. Stresses the impact of ethical and legal considerations, global markets, and technological innovation on efficient economic outcomes. Emphasizes written and oral communication skills. Upon completion of this course, students should be able to identify and analyze a firm’s strategic opportunities and propose a suitable financial strategy that is consistent with firm value creation. Prerequisite: FINA 6201.
FINA 6206 – Finance Seminar (3 credit hours)
Structures discussion of current topics in finance literature. Students read and present the works of leading researchers. Topics are broad and may cover various areas of corporate finance, investments, and institutions. Students also complete an original project emphasizing current methodologies of analysis. Prerequisite: FINA 6203.
Provides an overview of all the hedging markets and hedging instruments. Explores specific hedging use of options, forwards, futures, swaps, and options on futures. Focuses on advanced financial risk management of interest rates, currency rates, equity returns, and fixed income returns. Students use readings and case problems to study when and how to use hedging instruments to alter a portfolio’s risk exposure. Prerequisite: FINA 6203.
FINA 6212 – Fixed Income Securities and Risk (3 credit hours)
Exposes students to theory, applications, and evidence concerning highly sensitive interest rate products. Discusses recent developments in pension fund management, asset/liability management, duration matching, “gap” management, concurrent interest rate and exchange rate management, and other important issues now confronting domestic and international financial and corporate management. Studies how to customize a risk management program. Prerequisite: FINA 6203.
FINA 6213 – Investment Banking (3 credit hours)
Discusses the policy, strategy, and administration of financial services firms. Topics include issuance of securities, the service function within financial services, pricing a negotiated issue of common stock or competitive bid issue, and meeting capital requirements of a securities firm. Prerequisite: FINA 6201.
FINA 6214 – Mergers and Acquisitions (3 credit hours)
Explores the environments that have recently given rise to a large number of corporate mergers and the business factors underlying these corporate combinations. Examines the financial, managerial, accounting, and legal factors affecting mergers. Studies how to appraise a potential merger and structure a merger on advantageous terms. Prerequisite: FINA 6201.
FINA 6215 – Business Turnarounds (3 credit hours)
Concentrates on the diagnosis, prescription, and implementation of actions pertinent to business turnarounds, troubled companies, workouts, bankruptcies, and liquidations. Case studies and readings guide the student through the maze of financial, ethical, legal, general business, and strategic aspects of turnarounds, culminating in the student evaluating and developing a turnaround plan. Prerequisite: FINA 6201.
FINA 6216 – Valuation and Value Creation (3 credit hours)
Explores recent developments in financial management and financial analysis using modern finance theory to make capital allocation decisions that lead to long-run value maximization for the corporation. Focuses on applications and financial model building, risk analysis for valuation applications, and business strategies to measure and manage corporate value and value creation. Topics are relevant to value consultants, corporate managers, and securities analysts. Prerequisite: FINA 6201.
FINA 6217 – Real Estate Finance and Investment (3 credit hours)
Provides students with a comprehensive understanding of real estate finance. Emphasizes factors affecting real estate investment. Topics include valuation (appraisal), market analysis, development, taxation, ownership types, short-term financing, mortgage markets, and investment strategies. Designed for students interested in a general overview of real estate finance, as well as those intending to pursue a career in the real estate field. Prerequisite: FINA 6201.
FINA 6219 – Portfolio Management (3 credit hours)
Includes portfolio construction, revision, and performance measurement, and highlights portfolio construction in an efficient capital market. Topics include risk-return analysis, the effects of diversification on risk reduction, and the costs of inflation, taxes, and transaction costs on fixed income and equity security portfolios. Examines financial models of capital asset pricing as the basis for the analysis of portfolios from the institutional investor’s viewpoint. Prerequisite: FINA 6203.
Your application to this Online MS in Finance program will require the following:
Official transcripts from all colleges/universities attended (International transcripts must be translated and include a WES or CED evaluation)
English proficiency, both written and verbal, is necessary for success in D’Amore-McKim classrooms. If you are not a native English speaker, we require a standardized test of English language proficiency (TOEFL, IELTS, Duolingo in lieu of TOEFL, or PTE Academic scores) unless you completed a bachelor’s or master’s degree at an accredited institution where English is the language of instruction, or you have worked full-time for two years in the United States or other native English-speaking environment.
Undergraduate degree from an accredited institution of higher learning
GPA score of 3.0 or higher on a scale of 4.0
Currently employed with five years of demonstrated leadership experience in a work or professional setting*
*Applications are reviewed holistically and the admissions committee takes into account a wide variety of application criteria. Factors that may strengthen your application include STEM-designated and business degrees, professional designations or certifications, or an optional GMAT score. If you do not meet a minimum requirement listed above, you are still encouraged to apply.
Tuition and fees
2020 - 2021
D’Amore-McKim School of Business Programs $1,640 (per credit hour)
Explore several financing options available, including subsidized and unsubsidized federal loans, private education loans, employer-sponsored tuition assistance, and an annual installment payment plan.
*All tuition and fees are subject to revision by Northeastern University’s Board of Trustees
Double Husky Scholarship (tuition only)
Are you a Northeastern graduate who is considering going back to school to earn a business master’s credential? The Double Husky Scholarship helps Husky alumni finance their graduate education by providing a tuition discount of 25 percent for eligible graduate programs at D'Amore-McKim.
Yellow Ribbon Program
Northeastern University supports veterans through a combination of scholarships and financial aid. Qualified veterans who apply and are accepted into a Northeastern program will receive grant aid that may cover most to all of tuition and fee charges. To be eligible, veterans must have served at least three years of active duty beginning after September 10, 2001.
About Northeastern University
Founded in 1898, Northeastern is a global research university and the recognized leader in experience-powered lifelong learning. Their world-renowned experiential approach empowers students, faculty, alumni, and partners to create an impact far beyond the confines of disciplines, degree, and campus.
Their locations—in Boston; Charlotte, North Carolina; London; Portland, Maine; San Francisco; Seattle; Silicon Valley; Toronto; Vancouver; and the Massachusetts communities of Burlington and Nahant—are nodes in their growing global university system. Through this network, Northeastern expands opportunities for flexible, student-centered learning and collaborative, solutions-focused research.
Northeastern’s comprehensive array of undergraduate and graduate programs—in on-campus, online, and hybrid formats—lead to degrees through the doctorate in nine colleges and schools. Among these, Northeastern offers more than 140 multidisciplinary majors and degrees designed to prepare students for purposeful lives and careers.
About the D’Amore-McKim School of Business
Northeastern’s D’Amore-McKim School of Business prepares people and organizations to thrive in a global business environment of rapid-fire change driven by converging digital technologies. The school develops leaders and innovators who are proficient in human, data, and technological literacies; global in outlook and entrepreneurial in mindset; and invested in lifelong learning for themselves and their teams.
Accreditation and ranking
Northeastern University is regionally accredited by the New England Commission of Higher Education (NECHE)
The D'Amore-McKim School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB) International—the highest standard of achievement for business schools worldwide
Shaped by an experience-powered mission, Northeastern’s voice is one of empowerment. Many of the Finance faculty held significant managerial positions prior to coming to Northeastern and are still heavily involved in the industry through their research and consulting. Our faculty’s deep financial knowledge is shared worldwide, as they are published regularly in the best academic and practitioner journals and are frequently cited in the financial media. They empower their students to be successful, even in times of uncertainty.
Each faculty member shares Northeastern’s commitment toward creating a global ecosystem for research, innovation, and entrepreneurship. They have deep experience leading in today’s rapidly changing world. This includes pioneering scholars and business leaders who are committed to individual student success.