Overview

Today’s global economy is changing business dynamics across the financial services and banking industries. As a result, positions in commercial banking, investment banking, international banking, and asset securitization are in high demand.

With a Master of Science in Financial Services and Banking (MSFSB), you’ll graduate with more than just a strong foundation in finance. You’ll be an expert in bank management and financial services management. Your classes will explore the creation of derivative products, their use for risk exposure control, and how to market them to corporate clients.

You’ll take Effective Career Planning, a 1-credit introductory course that offers career resources to help you achieve your goals.

You'll also have access to our EDGE Professional Development workshops, which are open to all graduate students across all campuses. Led by executive coaches and corporate consultants, the workshops help you build your resume, develop professional contacts, write cover letters, polish your interview skills, and more.

For Cynthia Dorman (MSFSB ’97), the program offered her a chance to advance her career.

“The MSFSB Program offered the right mix of fundamental finance classes combined with the opportunity to focus in on relevant aspects of banking. The skills I learned enable me to really understand the financial mechanisms of banking, apply them to my career, and have a positive impact on my employer. This ultimately opens the door to many new exciting opportunities and challenges.” Today, Dorman is the vice president of Wealth Management Risk & Control, BNY Mellon.

If you’d like to see what our courses are like first-hand, you can sit in on one of our classes. Email msf@suffolk.edu to schedule.

MSFSB Curriculum

MSFSB Curriculum

11-16 Courses
31-46 Credits

Program Length
12-16 months of full-time study
20-28 months of part-time study

Required Introductory Course (1 credit)

  • SBS-600 Effective Career Planning

    Credits:

    1.00

    Description:

    SBS 600 is the first required course in Suffolk's graduate programs. The course is based on the precepts of experiential learning. Based on the idea that people learn best by participating in meaningful activities, this course provides students with the opportunity to learn about and experience first-hand the many complexities of business and the role of top managers. To accomplish this, SBS 600 is composed of several distinct parts, including the completion of a self-assessment instrument and their own written career development plan. In the campus sections of SBS 600, students will work in small groups as they take on the roles of top managers in a hands-on behavioral simulation. In the online sections, students will conduct a 360 degree evaluation to provide feedback.

    Type:

    MBA & Global MBA Required

Required Prerequisite Courses (12 Credits)

Must be taken or waived prior to enrolling in Finance Core Courses.
  • MBA-622 Operations & Data Analysis

    Credits:

    3.00

    Description:

    This course covers topics of operations management in the services, manufacturing and distribution industries while introducing statistics and quantitative analytic tools relevant to all functional areas. Applications include supply chain management, total quality management, forecasting, inventory planning and control, project planning and management, risk analysis, process design, and human resources issues in a global economy. Analytic tools for these applications include descriptive statistics and graphics, uncertainty assessment, inferences from samples, decision analysis and models, simulation, and regression analysis.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA & Global MBA Core

  • MBA-630 Economic Analysis for Managers

    Credits:

    3.00

    Description:

    This course develops the basic tools for microeconomic and macroeconomic analysis with emphasis on business decision-making and the impact of economic policy on organizational performance and competitiveness with respect to global business.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA & Global MBA Core

  • MBA-640 Corporate Financial Reporting and Control

    Credits:

    3.00

    Description:

    Explores the structure and information content of the three principal financial statements of profit-directed companies, namely the income statement, balance sheet, and statement of cash flows. Students learn skills in how to use accounting information to analyze the performance and financial condition of a company, facilitate decision-making, planning and budgeting, and performance appraisal in a managerial context. Students with no prior background in accounting complete a programmed instruction in the mechanics of double entry accounting at the start of the course.

    Type:

    MBA & Global MBA Core

  • MBA-650 Value Based Financial Management

    Prerequisites:

    MBA-622; MBA-630; MBA-640 or ACCT-800;

    Credits:

    3.00

    Description:

    This course introduces the basic principles of corporate finance. The main focus is on fundamental principles such as time value of money, asset valuation, and risk and return tradeoff. Topics to be covered also include cost of capital, capital budgeting, and capital structure.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA & Global MBA Core

Elective Prerequisite Course (3 Credits)

Select one (1) Elective Prerequisite Course if none have been waived. May be taken at any point in program.

  • MBA-610 Organizational Behavior

    Credits:

    3.00

    Description:

    This course explores human behavior and the overall functioning of organizational structures on three levels: the individual, the group, and the organization. Theoretical bases of behavior are used to provide understanding of people's attitudes, motives, and behaviors in group and organizational settings as they relate to leadership, motivation, power, perceptions, group dynamics, communication, diversity, organizational culture, and decision making.

    Type:

    MBA & Global MBA Core

  • MBA-660 Marketing: the Challenge of Managing Value

    Credits:

    3.00

    Description:

    Marketing is changing - constantly driven by dramatic technology developments, globalization, and evolving consumption values, practices, and lifestyles. This course covers Marketing themes, theories, and trends that are critical for superior business performance in the 21st century. In this course, we will examine current marketing theory as it is being shaped by forward thinking academics and new developments in today's business practices. This course provides students with a strong foundation in marketing principles and practices required in upper level elective courses.

    Type:

    MBA & Global MBA Core

  • MBA-670 Information Management for Competitive Advantage

    Credits:

    3.00

    Description:

    This course focuses on exploiting information systems (IS) and information technology (IT) for a competitive advantage. It explores the impact of IS and IT on the internal and external environments of organizations. It examines decisions needed for effective deployment of IS and IT, such as IT infrastructures selection, valuation of IT business models, and analysis of the operational benefits and risks. The course also introduces students to the opportunities and challenges of managing technology activities to meet the needs of business executives, IT executives, users, and IT partners.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA & Global MBA Core

  • MBA-680 Managing in the Ethical & Legal Environment

    Credits:

    3.00

    Description:

    This course explores multidisciplinary analytical techniques and case analysis as strategic management tools to assist executives in successful navigation of an increasingly complex, evolving, and highly competitive business environment in which ethical, legal, economic, and regulatory forces are continuously reshaping the global marketplace both to create and limit competitive opportunities.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA & Global MBA Core

 Financial Services & Banking Core Courses (21 Credits)

  • FIN-800 Financial Statement Analysis for Financial Institutions

    Prerequisites:

    MBA 650

    Credits:

    3.00

    Description:

    An in-depth analysis of financial statements, this course is designed to help investors and managers in their assessment of business entity. This course also analyzes financial services industry: bank financial statement analysis with an emphasis on off- balance sheet lending and borrowing, capital structure issues, and innovations in mortgage-backed securities and asset-based financing techniques are covered. Additionally, the tax implications of various derivative securities is studied.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-808 General Theory in Corporate Finance

    Prerequisites:

    Take MBA 650

    Credits:

    3.00

    Description:

    This course extends the body of knowledge acquired in MBA 650. Students expand knowledge of dividend theory, capital structure theory, capital budgeting, long-term financing decisions, cash management and corporate restructuring, market efficiency, and risk and liability management.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-810 Investment Analysis

    Prerequisites:

    MBA 750 or MBA 650

    Credits:

    3.00

    Description:

    Students examine markets for investment procedures, valuation models, basic analytical techniques, and factors influencing risk/return tradeoffs. This course emphasizes the professional approach to managing investment assets. A variety of investment vehicles are discussed, including stocks, bonds, options, and futures.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-814 Options and Futures

    Prerequisites:

    FIN 810

    Credits:

    3.00

    Description:

    Students explore the pricing of options and futures contracts, the characteristics of the markets in which these contracts are traded, options and futures strategies, and the application of these contracts in the hedging of financial positions. In addition, students are exposed to swap markets and a variety of swaps.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-816 Financial Institutions Management

    Prerequisites:

    Take MBA-650;

    Credits:

    3.00

    Description:

    Students learn concepts and techniques required for successful management. They also analyze the interplay between regulation and innovation, and their joint effect on the organizational structure of financial institutions.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-818 Econometrics

    Prerequisites:

    Take FIN-810

    Credits:

    3.00

    Description:

    Students are introduced to mathematical statistics and basic econometrics. They study fundamental econometric tools as well as hypothesis testing, analysis of variance, linear regressions, simultaneous equations, and models of qualitative choice.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-820 Financial Policy

    Prerequisites:

    Take FIN-808 FIN-810 and FIN-814;

    Credits:

    3.00

    Description:

    Students examine financial theories, techniques, and models applied to the study of corporate financial decisions, aspects of corporate strategy, industry structure, and the functioning of capital markets.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

Elective Courses (9 Credits)

Select three (3)
  • FIN-812 Capital Budgeting

    Prerequisites:

    Take FIN-808;

    Credits:

    3.00

    Description:

    Students examine techniques and decision-making rules for the evaluation and selection of long-term investment projects by corporations and the interaction of investment and financing.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-831 Portfolio Management

    Prerequisites:

    FIN 810

    Credits:

    3.00

    Description:

    Students learn theory and techniques of scientific portfolio management, including the establishment of portfolio objectives, evaluation of portfolio performance, asset allocation strategies, and the use of derivative securities in portfolio insurance.

    Term:

    Offered Spring Term

    Type:

    MBA Finance

  • FIN-845 Private Capital Markets

    Prerequisites:

    Take MBA-650;

    Credits:

    3.00

    Description:

    This course addresses the financial needs of private businesses, focusing on the financial motives and needs of private company owners and their advisors. The course is an opportunity to present private finance as a complement to corporate finance/public finance so as to prepare students to better serve or participate in making better financing decisions in the marketplace of privately held businesses.

    Term:

    Offered Fall Term

    Type:

    MBA Finance

  • FIN-880 Investment Banking

    Prerequisites:

    MBA 650

    Credits:

    3.00

    Description:

    Students analyze the main functions of investment banks such as origination, syndication, and distribution of security issues. They examine pricing of new issues and secondary offerings by investment banks, mergers and acquisitions, leveraged buyouts, valuation of closely held companies, and restructuring of distressed companies. The role of investment bankers in restructuring industry and financing governments and ethical issues faced by investment bankers will be studied.

    Term:

    Offered Fall Term

    Type:

    MBA Finance

  • FIN-882 Financial Engineering

    Prerequisites:

    Take FIN 814

    Credits:

    3.00

    Description:

    Students develop a framework for understanding, analyzing, and valuing modern financial instruments. Students examine several types of derivative securities and their use in managing financial risk. While the interests of issuers, intermediaries, and investors will all be considered, the primary emphasis will be on the perspective of corporate financial managers and the use of modern financial technology in the creation of value for shareholders.

    Term:

    Offered Fall Term

    Type:

    MBA Finance

  • FIN-884 Fixed Income Securities

    Prerequisites:

    Take FIN-810

    Credits:

    3.00

    Description:

    The course is designed to provide information on various types of fixed income securities and markets, theories and concepts of the term structure of interest rates and valuation of fixed income securities, measurement and management of risk for traditional bonds and bonds with embedded options, understanding of the role of derivatives such as mortgage-backed securities, asset-backed securities, swaps and exotic options, credit analysis and bond rating, portfolio management and performance evaluation. This course is generally offered as an intensive elective.

    Term:

    Offered Spring Term

    Type:

    MBA Finance

  • FIN-887 Fundamental Equity Analysis

    Prerequisites:

    Take FIN-810;

    Credits:

    3.00

    Description:

    Students examine fundamental equity analysis as the convergence of a number of skills such as accounting, financial, and strategic analysis with detective work and experience. Students practice communicating and defending an argument, use a business analysis framework that helps tie together strategy and finance, practice model building and practical approach to profitability in the markets.

    Term:

    Offered Spring Term

    Type:

    MBA Finance

  • FIN-895 MSF Thesis

    Prerequisites:

    Inactive course August 7 2003 03:15pm Michael Spooner

    Credits:

    3.00

    Description:

    MSF Thesis work

  • FIN-900 Special Topics in Finance

    Prerequisites:

    MBA 650

    Credits:

    3.00

    Description:

    An in-depth analysis of timely special issues in the field of finance. Specific topics are announced when the course is scheduled.

    Type:

    MBA Finance

  • FIN-910 Directed Individual Study

    Prerequisites:

    Instructor's approval required

    Credits:

    3.00

    Description:

    A student-initiated directed study project, generally for three credit hours and completed within one quarter or semester. The student and faculty advisor must concur on a written proposal and final report, and the proposal must be approved by the Office of the Dean prior to registration.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FNIB-825 Multinational Financial Management

    Prerequisites:

    MBA-650 OR MBA-750

    Credits:

    3.00

    Description:

    This course covers corporate financial decisions in an international setting with a focus on foreign exchange management and capital budgeting.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA International Business,MBA Finance

  • BLLS-871 Corporate Crime and Financial Fraud

    Credits:

    3.00

    Description:

    The course will present an in-depth study of corporate crime and financial fraud using case law and recent major corporate debacles as case studies (i.e.; Enron-publicly traded energy company and Refco-Wall Street commodities trading firm) to explain theories of corporate, managerial, and third party professional criminal liability. These case studies will closely examine the particular financial accounting devices and schemes employed to defraud various stakeholders, the failure of the industry watchdogs to detect the fraudulent schemes, and the regulatory and legislative response aimed at restoring confidence in the marketplace. Other selected topics include: corporate governance, corporate finance, corporate compliance programs, ethical misconduct by outside legal, accounting, investment and banking professionals, Sarbanes Oxley Act (SOX), Foreign Corrupt Practices Act (FCPA),Organizational Sentencing guidelines and a selection of business financial crimes including mail fraud, wire fraud, money laundering, conspiracy, securities violations, qui tam litigation (whistleblowers) and financial accounting crimes. As an introduction to corporate governance, the course will also provide a basic foundation in the finance, legal and economic principles that define the corporate entity as a business organization such as capitalization, basic tax principles, legal requirements, management structure, financing options and stock issuance.

    Term:

    Offered Spring Term

    Type:

    MBA Business Law & Ethics

  • MGIB-850 Global Travel Seminar

    Prerequisites:

    MBA 600 or MBA 700

    Credits:

    3.00

    Description:

    The seminar is designed to develop student's awareness, understanding and knowledge of managing in an international context. The format will consist of several preparatory sessions, at Suffolk and an intensive one week seminar outside the United States. Topics will include, but are not limited to, managing cultural and structural differences, geo-political-economic considerations, international human resources and strategic management issues. The scheduling and the host country destination, as well as content emphasis, will vary from term to term. A maximum of two off-campus courses is permitted subject to the 30 credit residency requirement.

    Type:

    MBA International Business,Global MBA Required

Careers

Your Suffolk MSFSB degree can take you many places.

Our alumni hold executive positions at many prominent banks and businesses, including Fidelity Investments, BNY Mellon, Federal Reserve Bank of Boston, and Putnam Investments. They go on to become commercial banking managers, banking analysts, investment officers, equity analysts, and more.

They form a powerful global network that serves as a vital career resource to our students. Join our alumni community today.

Courses

  • FIN-800 Financial Statement Analysis for Financial Institutions

    Prerequisites:

    MBA 650

    Credits:

    3.00

    Description:

    An in-depth analysis of financial statements, this course is designed to help investors and managers in their assessment of business entity. This course also analyzes financial services industry: bank financial statement analysis with an emphasis on off- balance sheet lending and borrowing, capital structure issues, and innovations in mortgage-backed securities and asset-based financing techniques are covered. Additionally, the tax implications of various derivative securities is studied.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-801 Money & Capital Markets

    Prerequisites:

    MBA 650

    Credits:

    3.00

    Description:

    Students analyze markets for financial assets, including the money market and various bond and stock markets. They learn determinants of the level and structure of interest rates, the Federal Reserve impact on markets, how financial institutions operate with respect to their sources and uses of funds, essentials of the regulatory structure of financial markets, transaction costs, and interrelations among markets.

    Term:

    Offered Spring Term

    Type:

    MBA Finance

  • FIN-805 Capital Management

    Prerequisites:

    MBA 750 or MBA 650

    Credits:

    3.00

    Description:

    This course is designed to extend the body of knowledge acquired in MBA 650. Topics include: dividend policy, capital structure policy, capital budgeting, long-term financing decisions, cash management and corporate restructuring, market efficiency, risk and liability management.

    Term:

    Offered Spring Term

    Type:

    MBA Finance

  • FIN-808 General Theory in Corporate Finance

    Prerequisites:

    Take MBA 650

    Credits:

    3.00

    Description:

    This course extends the body of knowledge acquired in MBA 650. Students expand knowledge of dividend theory, capital structure theory, capital budgeting, long-term financing decisions, cash management and corporate restructuring, market efficiency, and risk and liability management.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-810 Investment Analysis

    Prerequisites:

    MBA 750 or MBA 650

    Credits:

    3.00

    Description:

    Students examine markets for investment procedures, valuation models, basic analytical techniques, and factors influencing risk/return tradeoffs. This course emphasizes the professional approach to managing investment assets. A variety of investment vehicles are discussed, including stocks, bonds, options, and futures.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-812 Capital Budgeting

    Prerequisites:

    Take FIN-808;

    Credits:

    3.00

    Description:

    Students examine techniques and decision-making rules for the evaluation and selection of long-term investment projects by corporations and the interaction of investment and financing.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-814 Options and Futures

    Prerequisites:

    FIN 810

    Credits:

    3.00

    Description:

    Students explore the pricing of options and futures contracts, the characteristics of the markets in which these contracts are traded, options and futures strategies, and the application of these contracts in the hedging of financial positions. In addition, students are exposed to swap markets and a variety of swaps.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-816 Financial Institutions Management

    Prerequisites:

    Take MBA-650;

    Credits:

    3.00

    Description:

    Students learn concepts and techniques required for successful management. They also analyze the interplay between regulation and innovation, and their joint effect on the organizational structure of financial institutions.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-818 Econometrics

    Prerequisites:

    Take FIN-810

    Credits:

    3.00

    Description:

    Students are introduced to mathematical statistics and basic econometrics. They study fundamental econometric tools as well as hypothesis testing, analysis of variance, linear regressions, simultaneous equations, and models of qualitative choice.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-820 Financial Policy

    Prerequisites:

    Take FIN-808 FIN-810 and FIN-814;

    Credits:

    3.00

    Description:

    Students examine financial theories, techniques, and models applied to the study of corporate financial decisions, aspects of corporate strategy, industry structure, and the functioning of capital markets.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

  • FIN-831 Portfolio Management

    Prerequisites:

    FIN 810

    Credits:

    3.00

    Description:

    Students learn theory and techniques of scientific portfolio management, including the establishment of portfolio objectives, evaluation of portfolio performance, asset allocation strategies, and the use of derivative securities in portfolio insurance.

    Term:

    Offered Spring Term

    Type:

    MBA Finance

  • FIN-845 Private Capital Markets

    Prerequisites:

    Take MBA-650;

    Credits:

    3.00

    Description:

    This course addresses the financial needs of private businesses, focusing on the financial motives and needs of private company owners and their advisors. The course is an opportunity to present private finance as a complement to corporate finance/public finance so as to prepare students to better serve or participate in making better financing decisions in the marketplace of privately held businesses.

    Term:

    Offered Fall Term

    Type:

    MBA Finance

  • FIN-880 Investment Banking

    Prerequisites:

    MBA 650

    Credits:

    3.00

    Description:

    Students analyze the main functions of investment banks such as origination, syndication, and distribution of security issues. They examine pricing of new issues and secondary offerings by investment banks, mergers and acquisitions, leveraged buyouts, valuation of closely held companies, and restructuring of distressed companies. The role of investment bankers in restructuring industry and financing governments and ethical issues faced by investment bankers will be studied.

    Term:

    Offered Fall Term

    Type:

    MBA Finance

  • FIN-882 Financial Engineering

    Prerequisites:

    Take FIN 814

    Credits:

    3.00

    Description:

    Students develop a framework for understanding, analyzing, and valuing modern financial instruments. Students examine several types of derivative securities and their use in managing financial risk. While the interests of issuers, intermediaries, and investors will all be considered, the primary emphasis will be on the perspective of corporate financial managers and the use of modern financial technology in the creation of value for shareholders.

    Term:

    Offered Fall Term

    Type:

    MBA Finance

  • FIN-884 Fixed Income Securities

    Prerequisites:

    Take FIN-810

    Credits:

    3.00

    Description:

    The course is designed to provide information on various types of fixed income securities and markets, theories and concepts of the term structure of interest rates and valuation of fixed income securities, measurement and management of risk for traditional bonds and bonds with embedded options, understanding of the role of derivatives such as mortgage-backed securities, asset-backed securities, swaps and exotic options, credit analysis and bond rating, portfolio management and performance evaluation. This course is generally offered as an intensive elective.

    Term:

    Offered Spring Term

    Type:

    MBA Finance

  • FIN-887 Fundamental Equity Analysis

    Prerequisites:

    Take FIN-810;

    Credits:

    3.00

    Description:

    Students examine fundamental equity analysis as the convergence of a number of skills such as accounting, financial, and strategic analysis with detective work and experience. Students practice communicating and defending an argument, use a business analysis framework that helps tie together strategy and finance, practice model building and practical approach to profitability in the markets.

    Term:

    Offered Spring Term

    Type:

    MBA Finance

  • FIN-895 MSF Thesis

    Prerequisites:

    Inactive course August 7 2003 03:15pm Michael Spooner

    Credits:

    3.00

    Description:

    MSF Thesis work

  • FIN-900 Special Topics in Finance

    Prerequisites:

    MBA 650

    Credits:

    3.00

    Description:

    An in-depth analysis of timely special issues in the field of finance. Specific topics are announced when the course is scheduled.

    Type:

    MBA Finance

  • FIN-910 Directed Individual Study

    Prerequisites:

    Instructor's approval required

    Credits:

    3.00

    Description:

    A student-initiated directed study project, generally for three credit hours and completed within one quarter or semester. The student and faculty advisor must concur on a written proposal and final report, and the proposal must be approved by the Office of the Dean prior to registration.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Finance

4+1 Program

If you’re earning an undergraduate business degree at a U.S. institution, you may qualify to earn your MSA, MST, MSF, MSFSB, MSA/MST, or MSA/MSF in as few as 10-12 months of full-time study or 16 months part-time study.

How to Apply

  • You must officially apply to the MSA, MST, MSF, MSFSB, joint MSA/MST, or joint MSA/MSF program during the final semester of your senior year of undergraduate study. (Applications from recent graduates will also be considered.)
  • If you have at least a 3.5 cumulative GPA in your final semester of your senior year, you can waive the GMAT or GRE requirement.
  • Top students will be automatically considered for merit-based fellowship awards (no separate application required).