School of Business

MBA in Business Administration, Finance Concentration

The finance concentration offers advanced financial training to professionals who want to specialize in the field of finance. Students choose concentration courses from the areas of financial modeling, investments, international finance, valuation or current issues. The finance concentration focuses on the application of financial tools to real world problems, technical competence in the various functions of finance, and professional responsibility and ethics.

The master of business administration program at the University of Southern Maine is composed of twenty-seven credit hours of core courses and nine credit hours of elective or concentration courses. In addition, up to fifteen credit hours of foundation courses may be required depending on the student's previous academic background.

Foundation Courses (0-15 credits)

M.B.A. courses numbered below MBA 610 are not applicable toward the thirty-six credits needed for graduation. Admitted students whose educational background is lacking the foundation courses are required to satisfactorily complete each of these courses or their equivalents as stipulated in their letter of admission.

Grades earned in M.B.A.-level foundation courses are included in the student's grade point average. Any foundation courses in which a student earns less than a C grade (2.0) must be repeated.

Faculty strongly recommend that students, who do not have a solid recollection of foundation course content, retake or, at a minimum, review content material independently prior to enrolling in core courses. Students may consult the School of Business web site or faculty for information on course content.

A minimum grade of C (2.0) from a regionally accredited institution of higher education or successful completion of an equivalent CLEP exam or departmental exam (if available) is needed to meet a foundation course requirement. Coursework from non-accredited institutions will be evaluated on an individual basis. After admission students needing foundation courses are expected to enroll in the graduate courses to meet the requirement. In extenuating circumstances a student may petition the director for permission to enroll in undergraduate equivalent courses to meet M.B.A.-level foundation course requirements. Any undergraduate courses taken will not be included in the computation of the student's graduate grade point average.

     EDU 671 Organizational Behavior
     MBA 501 Economics Analysis
     MBA 502 Accounting Concepts
     MBA 504 Probability and Statistics for Business Decision Making
     MBA 505 Financial Management

Computer application skills

All students are expected to have basic computer skills in word processing and spreadsheet usage, either through prior experience or education. Students lacking in computer application skills are responsible for seeking coursework that will fulfill these expectations.

Core Courses (27 credits)

     Alpha Course:  MBA 611 Introduction to Organizational Change
     Accounting (Select one)
          ACC 630 Management Accounting Systems
          MBA 631 Financial Accounting
     Ethical and Legal Issues: MBA 615 Ethical and Legal Issues in Business
     Finance (Select one)
          MBA 623 Financial Engineering
          MBA 625 International Finance (may not double count in International)
          MBA 626 Strategic Valuation
          MBA 627 Investment Management
          MBA 628 Financial Markets and Institutions
          MBA 629 Financial Modeling
     Information Systems: MBA 674 Strategic Management of Technology and Innovation
     International (Select one)
          MBA 612 Topics in International Business
          MBA 625 International Finance
     Marketing: MBA 660 Managerial Marketing
     Operations: MBA 672 Supply Chain Management
     Capstone: MBA 698 Practicum

Electives (nine credits; select three courses)    

All MBA students are required to take at least one 600-level MBA finance course above. Students earning the concentration in finance take three additional 600-level MBA finance courses.
     MBA 623 Financial Engineering
     MBA 625 International Finance
     MBA 626 Strategic Valuation
     MBA 627 Investment Management
     MBA 628 Financial Markets and Institutions
     MBA 629 Financial Modeling
     MBA 699 Special Topics in Finance
    *MBA 691 Independent Study in Finance
    *MBA 695 Internship in Finance
*Students may select either MBA 691 or 695, but not both.

As of September 1, 2019, USM has placed a hold on admissions to the Master of Business Administration program. At that point applications will be accepted through the University of Maine for an MBA offered in Portland, Orono and online.  Review of applications after September 1, 2019, for Spring and Fall 2020 will be conducted at the University of Maine.  For more information, please see Maine MBA or contact Maine Business School at 207-581-1968 or mbs@maine.edu.