15-3 Finance Course Roadmap

This roadmap should be viewed as one plan for structuring your schedule. There is a lot of flexibility when you take Course 15 classes. Even if you think it is too late to declare Course 15, email: ugeducation@sloan.mit.edu or come see us in E52-150 (Suite 133).
Subjects that fulfill both Course 15-3 and GIR requirements are bold.

15-3 Finance Single Major PDF Version

Notes:
¹Students can choose to take both 15.417 and 15.418. Students who take 15.401(rather than 15.417) must take15.418. Students who take 15.402 (rather than 15.418) must take 15.417. Majors who take only one of 15.417 or 15.418, must take15.276 or 15.279 to complete their second CI-M.

²Contact the MIT Sloan Undergrad Office for alternative options for the Probability & Statistics requirement. Please note, the course or courses MUST cover both Probability and Statistics in depth similar to 15.069. Course 15/6 and 15/14 double majors can petition Course 6/Course 14 to count 15.069 as a substitute for 14.30 or 18.05.

³14.01 is a HASS subject. 15.0111 is not a HASS subject.Students who take 15.0111 will need to take an additional HASS course.

⁴Students can use no more than one subject in their primary major department to fulfill the REST requirement.Students who take 15.069 cannot use 15.053 (15-3 Restricted Elective) to fulfill the REST requirement.

⁵75-81 additional units will be needed to accrue the 180 units beyond GIRs. 

⁶See ‘Choosing Between Alternate Versions of Subjects’ below for advice on course selection.
 

Choosing Between Alternate Versions of Subjects

Lab in Investments / Managerial Finance (Finance Theory I): 15.401 is a 9 unit course. 15.417 is a 15 unit course. 15.401 and 15.417 share the same lecture. 15.417 has an additional LAB/CI-M component, hence the extra 6 units. The advantage of 15.417 is that the LAB/CI-M component was specifically designed to give students an "internship-like" experience where the work and deliverable is similar to what one would produce at the end of a summer finance internship or as a first year analyst. Students interested in quantitative finance or sales and trading are especially recommended to take 15.417.

Lab in Corporate Finance / Corporate Finance (Finance Theory II): Similar in structure to 15.401/15.417. 15.402 is a 9 unit course. 15.418 is a 15 unit course. 15.402 and 15.418 share the same lecture. 15.418 has an additional LAB/CI-M component, hence the extra 6 units. As with 15.417, the advantage of 15.418 is that the LAB/CI-M component was specifically designed to give students an "internship-like" experience where the work and deliverable is similar to what one would produce at the end of a summer finance internship or as a first year analyst.Students interested in investment banking or private equity are especially recommended to take 15.418.

Microeconomics: 14.01 counts as a HASS subject and is a prerequisite for higher level Course 14 courses. 15.0111 is a great option for those looking for a focus on using microeconomic principles inbusiness decision making and/or are not looking to do advanced work in Economics.

Probability & Statistics: We anticipate that the majority of Course 15 students will take 15.069, asit involves how to apply probability and statistics in different business areas/situations. 14.30 is analternative for Course 14/15 and 6-14/15 double majors. 18.05 is an alternative for Course 6 and18 majors.Contact the Sloan Undergrad Office for alternative options for the Probability &Statistics requirement. Please note, the course or courses MUST cover both Probability andStatistics in depth similar to 15.069. 

Course 15 subjects with a '1' in the fourth decimal place (ex. 15.433/15.4331): The subject number with an extra '1' is the undergraduate number of the graduate subject. They meet together, inthat they share the same lecture and deliverables, but the faculty have a different expectation and evaluation criteria for the undergraduates as compared to the graduate students (due mainly to the difference in professional experience that students have to draw upon). The undergraduate coursenumber was added as a way to hold seats specifically for undergraduates. As with all undergraduate Course 15 subjects, there is no bidding necessary.

Contact the Undergraduate Team