Northwood University's Master of Science in Finance (MSF) degree blends courses in finance, accounting and economics to offer a graduate education in all aspects of finance. The MSF is designed to introduce students to advanced methods for analyzing financial data and will provide them with the skill set to propose, structure and execute financial and/or operational strategies for their companies. Students will also learn how to benchmark results and modify original plans as appropriate. The program is designed to provide substantive courses to prepare students to succeed in diverse settings that include, but are not limited to, corporate finance, banking, financial services, and healthcare. Enrollees in the program who desire to seek the CFA (Chartered Financial Analyst) designation will be introduced to the concepts tested on that exam.


Our courses are offered in a variety of learning modalities during Spring, Summer and Fall semesters at our Troy, Michigan campus. This program can also be completed online. These classes utilize leading edge technology as support. Northwood classes are taught by faculty members who bring real-life executive experience and application-based scholarship into the classroom.


Twelve courses (36 credit hours) including six core courses, two degree electives, three general business electives, and a capstone course.

Course Summary
Core Courses 6 Courses 18 total credit hours
Core Electives 2 Courses 6 total credit hours
General Electives 3 Courses 9 total credit hours
Capstone Course 1 Course 3 total credit hours
Program Totals 12 Courses 36 total credit hours
Course Details
Core Courses (6 required courses):
BUS 5000 - Strategic Business Analysis3 credit hours
ECN 5100 - Microeconomics3 credit hours
FIN 5100 - Accounting Principles and Practice3 credit hours
FIN 5110 - Corporate Finance3 credit hours
FIN 5120 - Investments 3 credit hours
FIN 5130 - Financial Statement Analysis3 credit hours
Finance Core Electives (Select 2 of the following courses):
FIN 5200 - Entrepreneurial Finance3 credit hours
FIN 5210 - Mergers and Acquisitions3 credit hours
FIN 5230 - Risk Management and Derivatives3 credit hours
FIN 5240 - Real Estate3 credit hours
FIN 5250 - Global Finance 3 credit hours
FIN 5260 - Business Financial Strategic Planning 3 credit hours
FIN 5270 - Seminar in Financial Topics3 credit hours
MGT 5220 - Business Ethics3 credit hours
General Electives:
Select three courses from the graduate level curriculum within any of the Finance, Accounting, Tax, Applied Economics or Organizational Leadership programs.
Capstone Course (required to select 1 course):
FIN 6000 - Corporate Case Studies 3 credit hours
FIN 6100 - Portfolio Management 3 credit hours
  • Students who already possess an undergraduate or graduate degree in accounting may take an additional Finance Core elective in lieu of FIN 5100
  • Students must have previously taken an undergraduate course in accounting prior to enrolling in FIN 5100


  • Current Verifiable Resume or Curriculum Vitae (CV)
  • Official Undergraduate Transcripts: Official transcripts from all undergraduate institutions attended, including the institution where a baccalaureate degree was awarded are required. An undergraduate cumulative GPA of at least a 3.00 on a 4.00 scale is required.
  • Professional Graduate Information Session: Consists of an interview with a DeVos Graduate School Admissions Representative and a writing sample exercise.
See also: Admission Requirements


According to the U. S. Bureau of Labor Statistics, employment of financial managers is projected to grow 9% from 2012 to 2022, and "candidates with a master's degree or certification should enjoy the best job prospects."