“After eight years in software, I started to think about what I really wanted to do. . . . Finance was my biggest hobby.”
In a program without majors, no topic is minor
We’ve structured the MFin program to ensure that students have a strong understanding of the fundamentals of financial theory and practice, along with the flexibility to customize your coursework and experience to meet your career and personal goals.
Fundamentals First, Then Electives
Over the summer term, all students take intensive courses in finance theory and corporate financial accounting. In the first semester, you begin to specialize with coursework from a set of restricted electives, then further expand in your chosen area with general graduate electives from MIT Sloan or other MIT departments, such as Electrical Engineering and Computer Science, Economics, or Mathematics.
Group learning and interaction with peers are highly valued and fostered at MIT. In courses based on cases and problem sets, you will connect with MIT students from around the world. Working in small groups, you will learn from and challenge one another, sharing different perspectives and backgrounds while building lasting relationships.
Beyond Finance Classroom
The MFin at MIT Sloan is a business degree taught in a business school, with all the benefits that come from that environment. Some MFin classes are taken with other graduate students including, MBAs, PhDs, and MIT Sloan Fellows. As an MFin student, you will be welcome to join MIT’s Finance Club, Investment Management Club, and Venture Capital & Private Equity Club, as well as many other social and professional clubs available to all graduate students.
The 12-month curriculum consists of the following components:
- Required summer courses in finance theory, financial mathmatics, and accounting to provide the foundation for financial management, along with workshops to improve “soft” business skills such as writing resumes and cover letters, interviewing, and networking.
- A series of required advanced subjects, including a quantitative financial analysis course, which covers mathematical, statistical, and computational methods, an investments course which covers portfolio and pricing theory, and an advanced corporate finance course.
- A set of required electives that focus on managerial areas in finance.
- An array of electives ranging from financial technology courses and quantitative methods to economics, and additional advanced finance courses.
- Action Learning courses that integrate financial theory and applications with hands-on work experience in the financial industry. These project-based courses challenge students to solve real-world problems with MIT's partner corporations, culminating in student solutions presented to the actual corporate decision makers.
- A professional development course consisting of sessions focusing on ethics, professionalism, and giving voice to values.
- Optional industry trek to New York City and study tour to Asia to broaden exposure to financial careers and to the financial community.
Students have an option of writing a 24-unit thesis, which may replace a maximum of two electives, or a 12-unit independent study, which may count as one general elective, pending approval by the faculty director.
“I came to Sloan because of its high rankings within the sustainability community, specifically the professors. The S-Lab class itself is part of what drew me to Sloan. And the reason I came to business school was to learn the business speak that really is what connects with people."
“These companies are really excited to work with MIT students.They reach out to the community to set up these projects and are great to work with. They give us access to all their resources and are very open to us.”
“At MIT Sloan you have a lot of opportunities to explore entrepreneurship. Especially in a place like Kampala where you have a lot of development, entrepreneurship can be very exciting.”
“Because of the diversity of our backgrounds, when we hit the ground in Tanzania it almost was a natural play where different people assume different roles.”
“It was really rewarding that they wanted to know what we thought. We left there being fairly certain that they will do some of the things that we suggested.”
“The assistant to the CEO was like our host mom while we were there. She arranged our housing for us, she took us out to her friend’s game farm, and we got driven around in 4x4s. She was just wonderful to meet, and we developed a personal as well as professional relationship with her.”
“The conditions in the neighborhoods we were visiting were different than what we realized before getting there. Beyond that, what was surprising was that there weren’t surprises!”
“One of the reasons I came to Sloan was because I wanted to be at a top MBA institution worldwide. But I also wanted access to working with the latest innovations and the highest technology that was coming out of the MIT labs.”
"The classroom itself is filled with so much collective brain power . . . it's obvious that I'm caught up in a room full of 124 of the brightest, most curious people from around the world."
“The concept behind enterprise architecture is that you have all these machines, you have all these business processes, you have all these people doing things, how do you make sure they all come together and achieve business objectives that make you more competitive.”
“We’re very interdisciplinary. Among the faculty in the group are an economist, a political scientist, a sociologist, and an industrial relations specialist. We’ve always made a big effort to be open to a variety of perspectives, but also to go beyond being open to them, to want to bring them in, because it makes for a richer environment.”
“I knew about American business, but not enough about what’s really become a global economy. … You can read about it all you want, but there’s no substitute for being there and seeing the context and seeing how completely different these [other countries] are.”
“We are very much an action-learning environment. The way to learn leadership is not only through reading cases, not only through learning theory — in fact we don’t want people to regurgitate the theory. We want people to take theory and to live it, use it.”
“I love being in a place that is such a nexus of people and ideas — people coming to learn something new and to define themselves. Being a part of that process is a real honor and a real gift.”
"After we gave our recommendations, the great part was that the very next day the CEO was in the boardroom implementing them with his top vice presidents."
“I took finance courses from Nobel laureates Franco Modigliani, Myron Scholes, and Robert Merton. That unbelievable experience led me to seek a PhD in finance and build a consulting and money management business that utilized options and hedging insights first taught to me by those legendary professors at MIT Sloan.”