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A Master's degree in Finance is a postgraduate program designed to prepare graduates for careers in Finance.〔(''Master's of the Financial Universe'' ), businessweek.com〕〔For example (Fisher College of Business Specialized Masters - Finance )〕 The degree is often titled Master of Finance or Master in Finance (abbreviated M.Fin or MiF), or Master of Science in Finance (abbreviated MSF in North America and MSc in Finance in the UK and Europe). In the U.S. and Canada the program may be positioned as a professional degree. Particularly in Australia, the degree may be offered as a Master of Applied Finance (abbreviated MAppFin). ==Structure== In general, MSF and M.Fin / MSc programs differ as to intended career preparation and hence degree focus — with the former centered on financial management and investment management, and the latter on more technical roles〔 (although, see below for further discussion as to this distinction). Both degree types, though, emphasize quantitative topics, and may also offer some non-quantitative elective coursework, such as corporate governance, business ethics and business strategy. Programs generally require one to two years of study, and are often offered as a non-thesis degree. The MSF program, typically, prepares graduates for careers in financial management, investment banking and investment management.〔〔For example (Johns Hopkins - Carey's MS in Finance )〕 The core curriculum is thus focused on Managerial finance, corporate finance and investment analysis. These topics are generally preceded by more fundamental coursework in economics, (managerial) accounting, and quantitative methods (usually time value of money and business statistics). In many programs, these fundamental topics are a prerequisite for admission or assumed as known, and if part of the curriculum, students with appropriate background may be exempt from these. The program usually concludes with coursework in advanced topics — where several areas are integrated or applied — such as portfolio management, financial modeling, mergers and acquisitions and real options; managerial economics and various quantitative finance topics may also be offered as advanced courses. The M.Fin / MSc prepares graduates for more technical roles,〔 and thus "focuses on the theory and practice of finance" 〔(Cambridge's Master of Finance )〕 with a "strong emphasis on financial economics in addition to financial engineering and computational methods."〔(Princeton's Master in Finance )〕 The MSF core topics are (often) also covered, although in (substantially) less detail. Elective work allows for specific applications in financial engineering and computational finance, but also in corporate finance, private equity and the like; several of the MSF advanced topics — such as real options and managerial economics — will thus also be offered, here differing as to a more technical orientation. As regards coverage of quantitative finance as compared to more specialized degrees, see below. Note that the MSF-M.Fin distinction is not absolute: some MSF programs offer a "quantitative track",〔For example: (Boston College - Carroll's MSF ); (Brandeis IBS' MSF )〕 or a finance and mathematics dual degree,〔For example, (Tulsa-Collins )〕 while others are specifically technically oriented.〔For example (Clark University ) and (IIT-Stuart )〕 Also, although the "MSc in Finance" generally corresponds to the M.Fin, many schools〔For example (Exeter ) and (Essex )〕 offer a range of MSc programs where finance may be combined with accountancy and/or management, and these then correspond to the MSF; note also that many MSc programs are further specialized, with the degree as a whole focused on, for example, Behavioral finance, Islamic finance or Wealth management.〔For example (Henley-ICMA ) and (City University London - Cass )〕 The MAppFin spans the MSF-M.Fin spectrum in terms of available specializations and corresponding coursework;〔 it differs in that it is "for and by practitioners" 〔 (Master of Applied Finance ): Macquarie University.〕 and therefore "blends... finance theory with industry practice",〔(Master of Applied Finance ): Charles Sturt University.〕 as appropriate to the specialization. Similar to the MSc, programs are sometimes specifically focused on Financial Planning or Banking, for example, as opposed to more general coverage of finance. Some universities offer both the MAppFin and the MFin, with the latter requiring additional semester-time and coursework (and exclusively offering doctoral access). These programs may also differ as to entrance requirements.〔 See for example: Australian National University (); University of Western Sydney (); Curtin University, ().〕 Programs require a bachelor's degree prior to admission, but many do not require that the undergraduate major be in finance, economics, or even general business. The usual requirement is a sufficient level of numeracy, often including exposure to probability / statistics and calculus. The M.Fin and MSc will often require more advanced topics such as multivariate calculus, linear algebra and differential equations; these may also require a greater background in Finance or Economics than the MSF. Some programs may require work experience (sometimes at the managerial level), particularly if the candidate lacks a relevant undergraduate degree. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Master of Finance」の詳細全文を読む スポンサード リンク
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