Foundational courses are intended for students who do not have training or prior coursework in accounting, finance and statistics. A course in business writing and communication is also required.

FIN 500 Financial and Managerial Accounting
This course will develop accounting analysis useful for managerial decision-making purposes. Topics will include an introduction to elements of financial accounting, cost-profit-volume analysis, manufacturing costs and elements of cost accounting, special decision analysis, budgeting, variances, and controllability and responsibility accounting.

FIN 523 Financial Management
This course covers the fundamental principles of finance. The primary concepts covered include the time value of money, principles of valuation and risk. Specific applications include the valuation of debt and equity securities as well as capital budgeting analysis, financial manager’s functions, liquidity vs. profitability, financial planning, capital budgeting, management of long term funds, money and capital markets, debt and equity, management of assets, cash and accounts receivable, inventory and fixed assets.

MGT 506 Economics for Managers
This course introduces managers to the essence of business economics – the theories, concepts and ideas that form the economist’s tool kit encompassing both the microeconomic and macroeconomic environments. Microeconomic topics include demand and supply, elasticity, consumer choice, production, cost, profit maximization, market structure, and game theory while the Macroeconomic topics will be GDP, inflation, unemployment, aggregate demand, aggregate supply, fiscal and monetary policies. In addition the basic concepts in international trade and finance will be discussed.

MGT 506 Managerial Economics
This course introduces managers to the essence of business economics — the theories, concepts and ideas that form the economist’s tool kit. Microeconomic topics include demand and supply, elasticity, consumer choice, production, cost, profit maximization, market structure, and game theory; macroeconomic topics will be GDP, inflation, unemployment, aggregate demand, aggregate supply, and fiscal and monetary policies. In addition, basic concepts in international trade and finance will be discussed.

MGT 700 Econometrics
An introduction to the science of designing statistical models of economic processes. Students will be required to build and estimate a number of models during the term. Topics include regression theory, statistical difficulties in regression analysis, advanced topics in single-equation regression, models of qualitative choice and simultaneous equation estimation. Prerequisites: MGT 503

FIN 629 Fixed Income Analysis
This course addresses money flows and the cost of credit for major money market institutions, including banks, bank holding companies and the “shadow banking” system. It entails a broad survey of the structure and financial condition of the banking industry. The course provides a theoretical and practical understanding of why these markets exist and who the key players are, how the markets work, the rules governing their operation, and how they are evolving. We will spend considerable time in discussing regulation of the financial markets and financial services industry.

FIN 627 Investment Management
This course takes a practical approach to managing investments. It covers a wide variety of investment vehicles, from pure equity and debt offerings to complex derivatives and options. Various investment strategies are presented which are focused on the different fundamental approaches and tactics used by leading investors to achieve their financial goals. The course also focuses on investment styles, including momentum, growth, income, distressed, asset allocation and vulture investing. Students participate in real-time simulation experiences to create viable portfolios of stocks, bonds and other investments, tracking their performance against the overall market and the class on a weekly basis.

FIN 638 Corporate Finance
This course serves as a second semester sequence in corporate finance. Among the topics covered are: leverage on the balance sheet and weighted average cost of capital; bankruptcy, turnarounds, and recapitalizations; international currency hedging; stock options; private equity valuation; mergers and acquisitions; and the issuance of public and private securities.

FIN 510 Financial Statement Analysis
This course deals with interpretation of financial statements, evaluation of the alignment between business strategies and financial performance, identification of potential business risks, and comparison of the performance of different companies. The course introduces business analysis and valuation techniques and uses real data to help students comprehend financial statement analysis tools. 

FIN 628 Derivatives
This course covers the fundamentals of financial derivatives, including the basic properties and pricing of futures, options and swaps. It also explores trading and hedging strategies involving financial derivatives. Special topics, such as exotic options and credit derivatives, are explored. The course provides the foundation of financial derivatives and lays the ground for a rigorous risk management course and other advanced quantitative courses, such as stochastic finance.

FE 511 Introduction to Bloomberg and Thomson Reuters
The focus of this course will be on equity, futures, FX, options, swaps, CDSs, interest rate swaps and so on. As part of the course, students become Bloomberg certified. The course also covers the Thomson Reuters Tick History data.

FE 515 Introduction to R
Upon completion of this course, students will understand the programming syntax of R, and should be able to use it in future courses.
Upon completion of this course, students will understand the programming syntax of R, and should be able to use it in future courses.

FE 517 SAS for Finance
This course teaches the basics of SAS programming using financial data and applications. The course provides an introduction to programming, graphics and data analysis using SAS software. The course concentrates on fundamental components of SAS: data processing; managing SAS libraries; graphical and statistical procedures; and creating, formatting and exporting reports.

FE 520 Introduction to Python for Financial Applications
This course covers the basis syntax rules, modules, importing packages, data visualization and introduction to machine learning on Python. Upon completion of this course, students will be able to complete a simple project with Python.

Your application must include official transcripts from all universities you have attended. These records must show your name, the name of the university attended, enrollment dates, coursework completed, and grades assigned.

You must include a résumé with your application that highlights: 

• Academic record

• Work and internship experience

• Leadership abilities

Stevens often invites master's candidates to interview prior to making an admissions decision. If you are selected for an interview after submitting your application, you will receive instructions via email.

Your application must include two letters of recommendation. The strongest applications will include one letter from a current supervisor, and one from a former supervisor or previous employer who can speak to your leadership potential and discuss your professional performance. 

In order to maintain pace in the classroom, students are required to have completed courses in accounting, finance and statistics prior to starting the program. You may be eligible to waive one or more of these courses based on your professional experience. Stevens also offers noncredit courses in these disciplines for students needing to satisfy this requirement.

Candidates to the Finance program are required to submit GMAT or GRE scores with their application; part-time students (full-time professionals) are eligible to waive this requirement. Admission to this program is competitive, and only students with strong test scores will be considered. However, it's important to keep in mind that your test scores are only one feature of your application, and will be considered along with your other credentials. Please use the following reporting codes to submit test scores to Stevens:

• GRE: 2819

• GMAT: 638LX12

International students also must include TOEFL or IELTS scores along with their applications.