(Sean Nealon, UCR Today)
The Flex MBA allows students to tailor the schedule to their needs and complete the program in as little as 20 months or up to several years. The master of finance degree is for full- or part-time students and concentrates specifically on finance.
“The master of finance program is the result of hard work by many at the business school,” said Yunzeng Wang, interim dean of the business school. “Our finance faculty has been instrumental in designing the program, and our dedicated staff members have been diligent in preparing for the program’s launch this fall. Through this new and essential academic offering, we are glad to offer yet another path to excellence for students.”
The school will host information sessions to talk about the new programs, as well as its traditional MBA and masters in professional accountancy degrees. Upcoming sessions are scheduled for: April 10 and 25, May 9 and 22 and June 5. All the sessions will be held at 6 p.m. in Anderson Hall at UC Riverside.
The master of finance can be completed as a full-time student in nine months or as a part-time student in two years. It’s geared toward students with quantitative backgrounds in fields such as business, mathematics, physics, economics, engineering and statistics.
Globalization, rapid advances in computational technology, financial innovation, and shifting regulatory regimes, have all contributed to job opportunities for additional finance professionals with education beyond the bachelor’s degree.
Recognizing the importance of strong quantitative skills, major financial firms and insurance companies have often found that undergraduate education in finance or the broad‐based management education not sufficient.
This was evident during the 2008 financial collapse. The financial engineers who designed the instruments that were problematic in the collapse were narrowly trained and, with hindsight, did not recognize the big‐picture impacts of their actions.
Graduates of the master of finance program will be able to understand and explain the risks and potential returns of sophisticated financial instruments.
Graduates often find work in fields including: commercial banking, investment banking, hedge funds, private equity and venture capital, financial planning and insurance.
The Flex MBA is meant to serve a variety of students including: full-time students who want to earn an MBA on a fast track or who seek to take longer with their studies; international students; working professionals seeking a graduate degree without interrupting their careers; or individuals who need to accommodate responsibilities at home and with family.
After the program launches in the fall quarter, students can enroll in the winter, spring or fall quarter. Evening classes will be offered.
One slower-paced scenario is for a student to take two classes in the fall, spring and winter quarters and take summers off. In that situation, it would take four years to earn the degree.
Application deadlines for both new programs are May 1 for international students and Sept. 1 for domestic students. For more information about the programs call 951-827-6200 or e-mail firstname.lastname@example.org.
Established in 1972, the University of California, Riverside School of Business Administration is the first professional school of its kind in the region, and the only one at a research-based institution. It is home to the largest undergraduate business program in the UC system, as well as the A. Gary Anderson Graduate School of Management, which offers MBA, Flex MBA, Master of Professional Accountancy and Master of Finance programs. Leveraging its location at the nexus of commerce, the UCR business school seeks to develop world-class leaders and scholars who are as diverse as the challenges they face and the enterprises they grow.