Master of Science in Strategic Finance > Program of Study
Program of Study
Foundation Course Work
| IU Southeast Course* | IU Southeast Equivalent** | Credits |
|---|---|---|
| Foundations in Accounting | F501 | 3 |
| Foundations in Finance | F502 | 2 |
| Foundations in Economics | F503 | 3 |
| Foundations in Marketing | F504 | 2 |
| Foundations in Statistics | F505 | 2 |
| Foundations in Operations Management | F506 | 2 |
| Intermediate Accounting I | A311 | 3 |
| Management Information Systems | K321 | 3 |
20 credit hours*** |
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Undergraduate courses may be substituted as follows:
- A201 Financial Accounting and A202 Managerial Accounting are equivalent to F501 Foundations in Accounting.
- F301 Financial Management is equivalent to F502 Foundations in Finance.
- Undergraduate courses in macroeconomics and microeconomics are equivalent to F503 Foundations in Economics.
- M301 Marketing Management is equivalent to F504 Foundations in Marketing.
- E280 Statistics is equivalent to F505 Foundations in Statistics.
- P301 Operations Management is equivalent to F506 Foundations in Operations Management.
- K321 Management Information Systems or suitable skills in computer science.
*Must have achieved a minimum grade of C- in each foundation course. Even though a minimum grade of C- is required for each of the courses listed above, students with higher grades will increase their prospects for admission into the M.S.S.F. program.
**The Graduate Business Policies Committee will determine course equivalencies.
***Courses in the foundation requirement must be completed with a cumulative GPA of 3.0 or better.
Program of Study
The 36 credit hour M.S.S.F. curriculum emphasizes decision-making skills throughout the program. The M.S.S.F. curriculum does not follow a rigorous sequence of course work, and M.S.S.F. courses may be taken in any sequence after foundation requirements have been met.
Curriculum
A normal graduate course load is 6 credit hours in each of the spring and fall semesters, and 3 credit hours during each of the two summer sessions for a full-time working professional.
Normally, students will be expected to complete the degree in a maximum of five years from the time they begin M.S.S.F. course work. In special circumstances, a student may be given permission to extend the study to a sixth year, but additional curriculum and degree requirements may be added. The M.S.S.F. program must be completed within six years.
Candidates for the Master of Science in Strategic Finance degree must fulfill the following requirements:
- a minimum of 36 graduate credit hours, of which each course counts only once toward graduation unless the bulletin specifically states that the course may be repeated for credit,
- a minimum grade of C (2.0) in each course,
- a minimum grade of B (3.0) in all transfer courses accepted by the Graduate Business Policies Committee,
- a minimum cumulative grade point average of 3.0 (B)
- satisfactory completion of the community service component.
| M.S.S.F. Curriculum 36 Credit Hours |
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|---|---|---|---|---|---|---|---|---|
| Managerial Component (18 credit hours, 3 credit hours each) | ||||||||
| BUSE | A505 | Strategic Cost Management | Must complete A505, A507, and C522 before enrolling in the Strategic Finance Component. | |||||
| A507 | Modeling and Simulation | |||||||
| C522 | Financial Management | |||||||
| C523 | Systems Decision Theory and Applications or E588 Project Management |
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| E581 | Special Topics: Information Technology Management Issues |
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| B516 | Ethical and Legal Environment of Business | |||||||
| Strategic Finance Component (18 credit hours) | ||||||||
| Required (9 hours, 3 credits hours each): | ||||||||
| BUSE | E565 | Taxes and Business Decisions | ||||||
| E594 | Business Analysis and Valuation | |||||||
| E595 | Advanced Corporate Finance | |||||||
| Electives (6 hours, 3 credits hours each except B511, B513, and H542 [1.5 hours each]): | ||||||||
| BUSE | B511 | Business Communications | All courses in the Managerial Component and all required courses in the Strategic Finance Component must be completed before enrolling in D530. | |||||
| B513 | International Environmental Analysis | |||||||
| E557 | Investment Management | |||||||
| E568 | International Financial Management | |||||||
| E596 | Intermediate Accounting II | |||||||
| G553 | Advanced Auditing | |||||||
| H541 | Not-for-Profit Accounting | |||||||
| H542 | Advanced Financial Accounting | |||||||
| H546 | Advanced Taxation | |||||||
| H558 | Wage and Salary Administration | |||||||
| Business Strategy Component (3 credit hours, 1 course): | ||||||||
| BUSE | D530 | Business Policy and Strategy* | ||||||
| *All other courses must be completed before enrolling in D530. | ||||||||
Community Service Requirement
M.B.A./MSSF students must perform at least 20 hours of community service in a project(s) that involves their contribution in the form of business knowledge, leadership, and/or expertise. Some examples include volunteering for Big Brothers/Big Sisters; providing tax assistance for the elderly or disadvantaged; participating in a United Way agency; or serving on a not-for-profit board or advisory council. Activities that serve a narrowly defined population such as being an officer at the local Rotary Club or a church deacon are not appropriate for this requirement. Furthermore, participation in admirable community service projects such as Habitat for Humanity would not be acceptable unless the service was in the form of contributing business expertise or in a leadership role. Services in which the student organizes and/or directs the project for a non-profit organization are acceptable. Examples such as directing and/or organizing a community cleanup sponsored by the Rotary Club or chairing a church clothing drive for the needy are acceptable projects because they serve a need of the greater community.
The requirement may be completed any time during the academic program, but as early in the program as possible and prior to the last 12 credit hours of course work in the graduate curriculum. Students must submit a written proposal to the Graduate Business office outlining a plan for satisfying this requirement prior to performing the project containing the following information:
- Name of the community organization or project selected to fulfill this requirement
- Name and telephone number of contact person at that organization
- How your business knowledge, leadership, and expertise will be applied
- Estimated time frame for completion of the project, including beginning and ending dates if possible.
Normally, proposals are approved within one week. Proposals that differ from typical projects, however, may require additional time for approval, and any services rendered prior to the approval of a proposal do not satisfy this requirement. Certification by the participating organization is also required.
At the conclusion of the community service activity, students must submit a one- to two-page typewritten report summarizing the project, the project outcomes, and student’s contributions to these outcome(s) to the Director of the Graduate Business Programs.