Finance
Accessibility to preeminent finance faculty and cutting-edge academic research are key ingredients to providing undergraduate and graduate students with the tools and methods necessary to expand their understanding of finance. Rigorous training at all academic levels prepares students for the quantitative and analytical challenges in both the business and academic fields.
Concentrations and degrees for qualified students include:
- Undergraduate Concentration in Finance
- Master of Science in Finance
- Ph.D. Program in Finance
Our nationally recognized Finance Department, cited by U.S. News & World Report as among the top 15 in the country, hosts the Finance Department Seminar Series featuring top scholars from around the world addressing current research and trends in the field. These weekly seminars provide an engaging forum for students, faculty, and practitioners alike. In addition, informal brown bag lunches are hosted throughout the year by the Department.
Members of the Finance Department consistently facilitate meaningful interaction between students and professionals through an alumni advisement system which supplements faculty advisement in the areas of financial institutions, manufacturing firms, service firms, nonprofit organizations, and government agencies.
Concentration in Finance
Finance Concentration Course Requirements
All required finance core courses (1–3) and select electives (4) must be taken in CSOM only.
Five Prescribed Courses
1. MFIN1021 Fundamentals of Finance (formerly Basic Finance) (prerequisite: ACCT1021)
2. MFIN1127 Corporate Finance (prerequisite: MFIN1021)
3. MFIN1151 Investments (prerequisite: MFIN1021)
4. One elective from the following list* (courses listed below must be taken in CSOM)
- MFIN2202 Derivatives and Risk Management
- MFIN2205 Corporate Financial Strategies
- MFIN2220 Global Macro and the Financial System
- MFIN2230 International Finance
- MFIN2235 Investment Banking
- MFIN2250 Fixed Income Analysis
- MFIN2265 Behavioral Finance
- MFIN2270 Data Analytics in Finance
- MFIN2275 Digital Self-Defense with Python
- MFIN2285 Advanced Corporate Finance
- MFIN6650 FinTech and Cryptocurrencies
5. At least 1 elective from any MFIN^ course offered outside of the required courses or another from the set list above.
* Not every course will be offered each semester. Additional courses may be added to the set list in the future. Please pay careful attention to prerequisites which are listed in Eagle Apps Course Information and Schedule.
See Course Information and Schedule for up-to-date course listings.
Regardless of your concentration, we expect finance concentrators to have understanding in the following areas:
- Major investment, financing and governance decisions (e.g., capital structure, merger and acquisitions, dividend, board of directors, etc.) of corporations;
- The risk and return trade-offs in investment and know how to evaluate basic financial products (e.g., stocks, bonds and derivatives);
- The role of financial institutions/intermediaries (e.g., investment and commercial banks, asset management companies) in the financial system;
- The role of financial markets in the economy and the need for efficient regulations.
For more information about the concentration in finance, visit the Finance Department web page.
Minor in Finance
This minor is for non-CSOM students who are interested in learning more about finance to be better prepared for careers in financial institutions, service firms, nonprofits, and government agencies.
6 Required courses:
- ACCT1021 Introduction to Financial Accounting
- MFIN1021 Fundamentals of Finance (formerly Basic Finance) (sophomore or junior year)
- MFIN1127 Corporate Finance (prerequisite: MFIN1021) (junior or senior year)
- MFIN1151 Investments (prerequisite: MFIN1021) (junior or senior year)
- One elective from the following list* (courses listed below must be taken in CSOM)
- MFIN2202 Derivatives and Risk Management
- MFIN2205 Corporate Financial Strategies
- MFIN2220 Global Macro and the Financial System
- MFIN2225 Financial Policy
- MFIN2230 International Finance
- MFIN2235 Investment Banking
- MFIN2250 Fixed Income Analysis
- MFIN2265 Behavioral Finance
- MFIN2270 Data Analytics in Finance
- MFIN2275 Digital Self-Defense with Python
- MFIN2285 Advanced Corporate Finance
- MFIN6650 FinTech and Cryptocurrencies
6. At least 1 elective from any MFIN^ course offered outside of the required courses or another from the set list above.
* Not every course will be offered each semester. Additional courses may be added to set list in the future. Please pay careful attention to prerequisites which are listed in Course Information and Schedule.
See Course Information and Schedule for up-to-date course listings.
Information for Study Abroad
All students wishing to study abroad must first meet with an advisor in the Office of International Programs (OIP).
If accepted into the study abroad program and approved by the Undergraduate Dean's Office (Fulton 315), the student should then fill out the “Study Abroad Course Evaluation Form” on the Student Services website to seek approval to take a course abroad.
Any requested finance elective abroad must be equivalent to a finance elective taught at 51.
The Finance Department requires that Financial Accounting (ACCT1021) and Fundamentals of Finance (formerly Basic Finance) (MFIN1021) be taken at Boston College as prerequisites for any finance elective prior to going abroad. All required finance concentration core courses plus the elective from the short list must be taken in CSOM only.
All approvals should be obtained prior to going abroad.
No approvals will be granted after the course has been completed.
For more information about study abroad, visit the Finance Department web page.