"Everyone is talking about financial innovation. But when you’ve worked in finance, you realize that there are so many unanswered questions. I came here with a lot of questions. Now, they’re getting answered."
What Is MFin?
The Master of Finance (MFin) program teaches you to use advanced mathematical models and quantitative methods to create innovative solutions to complex finance problems.
MFin is designed to prepare students in a broad range of careers in the financial industry— careers requiring analytical rigor and the ability to innovate around market challenges. Building on the foundation of MIT Sloan’s powerful finance legacy, the MFin program offers an unprecedented combination of heritage, resources, rigor, and relevance to shape the leaders who will shape the industry.
Many Career Options
Many career paths exist for MFin graduates. Employers seeking MFin skill sets include: investment and corporate banks, brokerage firms, financial data providers, asset managers, hedge funds, venture capitalists, ratings firms, consulting firms, insurance companies, and treasury and finance departments of major corporations and government.
Required Core Courses
Required core courses deepen your understanding of the theoretical fundamentals in both finance and corporate accounting. And, as MIT faculty bring current research into the classroom, you’ll be exposed to cutting-edge techniques as they’re developed and often before they’re published. You’ll be immersed in the entire range of possible finance careers. And you’ll take workshops to develop your “soft” business skills, such as building your résumé, writing cover letters, honing your career story, networking, behavioral and technical interviewing—even dining etiquette.
A wide range of electives, from within MIT Sloan and other departments on campus, allows you to customize your knowledge to meet your vision and your future. You will choose from a variety of electives to tailor your MFin experience to the specific area of finance you wish to pursue.
You will take at least one Proseminar. Specific to MIT Sloan, you will join a team to work with high-ranking industry professionals, faculty, and partner companies to solve actual business problems. Proseminars give you exceptional professional access, culminating in a face-to-face presentation to the corporate decision makers responsible for the project. To deepen your real-world exposure, you may also undertake a month-long team project working with leading industry practitioners on important business problems.
Firsthand knowledge is critical to developing a broad understanding of financial markets. To expand your knowledge of careers in finance, and to extend your exposure to the financial community, we have incorporated two industry treks into the curriculum.
During fall SIP week, students participate in the Boston Capital Market Series and meet with industry professionals at Boston-area financial firms as well as the Federal Reserve Bank. To further understand the finance sector, MFin students can travel to Asia in the spring for a weeklong immersion in Asian finance. In Hong Kong and Singapore, students meet with four to five companies per day for a series of discussions.
Immersed in the theoretical world of quantitative analysis and hands-on interaction with the real business world, MFin graduates are sought out for their value in the market and enjoy a wide range of career options. MFin students make use of both the MIT Sloan Career Development Office (CDO) and the MIT Global Education & Career Development (GECD) office.
The MFin program offers students unparalleled opportunities to explore synergies among economics, finance, and accounting, as well as the critical ties among finance and mathematics, statistics, operations research, computer science, and engineering.
“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 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."
“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’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.”
“For 35 years, we’ve been studying how companies get value from information. … We try to help organizations take a more holistic view of what they are trying to do.”
“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.”
“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.”
“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.”
“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!”
“Our mission, along with the mission of MIT Sloan, is to both develop leaders who make a difference in the world, and also to make a contribution to thinking about the topic of leadership.”
“[The India Lab] program is one of the reasons I came to Sloan. ... The hands-on learning that MIT offers was a huge differentiator.”
“I can honestly say that when I was planning on coming to business school I never thought that witnessing the birth of a child would be included in the education. It was definitely an experience.”
“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.”
“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."
"The relationships that we forged helped us to turn out a better project. We were able to test our hypotheses with the people that we spoke with every single day. And really, I think the friendships that you develop really propel the work that you’re doing."
“By training tomorrow’s leaders to manage the risks of the financial system effectively and ethically, we’ll have a fighting chance of surviving even the largest crises.”