Finance

Admissions | Program Structure | Finance Seminars | Recent Thesis Topics

The MSc in Finance equips students with a solid understanding of financial theory and research methodology. Graduates are prepared to build successful careers in research or analysis in the financial sector or in government. The program also serves as excellent preparation for those wishing to pursue their studies at the doctoral level.

Successful applicants to the MSc Finance program have strong quantitative and analytical abilities and a solid understanding of economic theory and research methodology. Ultimately, they apply these skills and knowledge while conducting original research in the form of a master’s thesis, working under the direct supervision of a faculty member.

Admissions

Candidates interested in the MSc Finance program must have completed an undergraduate degree with excellent grades and a focus on finance and economics. In a small number of cases, applicants with a limited background in finance and economics, but who have a specialization in a quantitative discipline such as mathematics, statistics, computer science, or engineering, or a comparable research concentration in one of the social sciences, may be considered.

Program Structure

The MSc program is a 45-credit program. The allocation of credits in the MSc program is as follows:

Core Courses	2 courses	6 credits
Research Methodology	1 course	3 credits
Specialized Finance Seminars (see below)	5 seminars	15 credits
Research Thesis		21 credits

Specialized Finance Seminars

MSCA 621 - Investment Theory
MSCA 622 - Investment Management
MSCA 623 - Financial Theory and Corporate Policy
MSCA 624 - Mergers, Restructuring and Corporate Control
MSCA 625 - Options and Futures
MSCA 629 - International Financial Management
MSCA 632J - Financial Engineering
MSCA 632K - Corporate Governance and Executive Compensation

Recent Thesis Topics

• Are Small Bidders Better Bidders? An Investigation of Explanatory Factors of the Bidder Size Effect on Announcement Abnormal Returns
  
• Examining the Implications of Financing Choice for Cash Acquisitions
  
• Stock Market Integration in CARICOM Member States: A Look at the Barbados, Jamaica and Trinidad and Tobago Stock Exchanges
  
• Real Option Value of Regional Integration of Foreign Investors
  
• The Hedging Effectiveness of Single Stock Futures: A Study Using Constant and Time-Varying Hedge Ratios Under GARCH Modeling
  
• Cross-Border Block Share Purchases and Transfer of Corporate Governance
  
• The Predictive Power and Economic Effectiveness of Trading Rule Strategies in the Canadian Equity Market