Analysis of MIT Financial Professional (I)

Today, we will mainly interpret the overall situation of the MIT financial professional project, and we will explain the admission requirements and employment conditions in the later period.

1. Project Overview: The Master of Finance program is a project for leaders of future financial sectors who want to make a difference in the complex international economic environment. The duration of the project is 12 months or 18 months. The 12-month project started in 2008. 18 The project started in 2015. The 18-month project includes four semesters and a summer internship. This project must complete an additional essay. The Master of Finance program is based on MIT’s unique academic leadership in the financial field, and combines its traditions with the latest innovations, theories, Combination of practice. The project is dedicated to improving students’ methods of using mathematics models and quantitative analysis methods to solve complex financial problems, and is enrolled in July each year.

2. STEM project: According to the report of the school on June 22, 2016, the Master of Finance project has officially become a STEM project on June 2. Unlike the original 12-month OPT time, after the project became a STEM project, students could stay in the United States for an additional 24 months for a total of 36 months. This means that international students can apply for an additional OPT duration after graduation to increase opportunities for internships or work in the United States.

In order to become a STEM project, a change in the course setting made by Master of Finance:

MIT’s Master of Finance program has added capital markets and corporate finance to existing financial mathematics, financial markets, and advanced corporate finance courses. Finance) Financial engineering Several concentrations.

3. Course setting: The MFin course contains essential basic and advanced courses, restricted electives, practical lessons and general electives. With the approval of the Dean, students may choose to complete a dissertation or an independent research project to replace one or more elective courses.

(1) Required Course: CORE REQUIREMENTS

FINANCIAL THEORY: Core theoretical courses in capital markets and corporate finance.

Corporate Finance (CORPORATE FINANCIAL ACCOUNTING): Learn to produce and analyze financial statements.

FUNDAMANTALS OF FINANCIAL MATHMATICS: Fundamental mathematical principles needed to teach modern finance: linear algebra, probability theory, stochastic processes, statistics, optimization, and Matlab programming.

(2) Advanced Course: REQUIRED ADVANCED SUBJECTS

FINANCIAL MARKETS: Focus on financial theory and empirical evidence that are helpful for investment decisions, including financial risk factors, financial models, and financial markets.

ADVANCED CORPORATION FINANCE: This course covers advanced topics including complex valuations, dynamic and static capital structures, risk management, options, and more.

ANALYTICS OF FINANCE: Learn quantitative financial analysis methods.

(3) Practical course: REQUIRED ACTION LEARNING: The purpose is to help students build a bridge between theory and reality. Students need to work together to solve real problems and provide students with opportunities to contact with industry experts.

Capital Markets/Investment Management Seminar (PROSEMINAR IN CAPITAL MARKETS/INVESTMENT MANAGEMENT)

Corporate Finance/Investment Banking Seminar (PROSEMINAR IN CORPORATE FINANCE/INVESTMENT BANKING)

FINANCE RESEARCH PRACTICUM: A team-based project to conduct research on financial projects or research issues raised by external sponsors.

(4) Professional Extended Course: REQUIRED PROFESSIONAL DEVELOPMENT COURSE

Core Values, Rules and Commitments of Financial Professionals (CORE VALUES, REGULATION, AND COMPLIANCE FOR FINANCE PROFESSIONALS)

(5) Restrict electives: RESTRICTED ELECTIVES (at least three)

ENTREPRENEURIAL FINANCE AND VENTURE CAPITAL

OPTIONS AND FUTURES MARKETS

Mergers and ACQUISITIONS

International Capital Markets (INTERNATIONAL CAPITAL MARKETS)

Functional Finance and Strategic Finance (FUNCTIONAL AND ATRATEGIC FINANCE)

Financial Market Dynamics and Human Behavior (FINANCIAL MARKET DYNAMICS AND HUMAN BEHAVIOR)

(6) Ordinary electives: GENERAL ELECTIVES

In addition to the above courses, students can also take elective courses in finance or other departments, including electrical engineering, computer science, economics, and mathematics.

4. THREE CONCENTRATIONS:

(1) Specific concentration: capital markets, corporate finance, and financial engineering

(2) Completion of concentration is optional and not necessary to obtain a degree.

(3) Students studying financial engineering concentration can be seen as completing two concentrations of MFIN degree requirements.

(4) What kind of student is suitable for financial
engineering concentration?

Having good mathematics and computer programming skills, and pursuing students who have more development in the technical aspects of the financial field after graduation.

(5) Three concentration curriculum settings:

capital markets(choose 3):——Concentration Electives:

Options & Futures Markets, Fixed Income Securities & Derivatives, International Finance, Financial Engineering, Functional Finance & Strategic Finance (Functional & Strategic Finance), Asset Management, Life Cycle Investment and Retirement Finance (Asset Mgmt, Lifecycle
Investment and Retirement Finance, Financial Market Dynamics

corporate finance(choose 3)——Concentration Electives:

Entrepreneurial Finance, Options & Futures Markets, Mergers & Acquisitions, International Finance, Functional & Strategic Finance, Business Analysis Using Financial Statements

financial engineering

Concentration Required Courses:

Advanced Financial Mathematics: summer term, Options & Futures Markets, Financial Engineering, Fixed Income Securities & Derivatives, Functional Finance And Strategic Finance (Functional
& Strategic Finance)

Concentration Electives:

International Finance, Financial Market Dynamics, Data Tech for Quant Finance, Additional Quant Courses (TBD)

5. Career support: The MIT Sloan Career Development Office, MIT Global Education & Career Development Office. helps students identify various job search channels and establish effective job search strategies. They organize job fairs, post recruitment information, publish information online, provide recommendations, contact alumni, and hold career fairs.

6. Alumni Network: MIT Sloan students can contact over 23,000 MIT Sloan alumni and over 128,000 MIT alumni. The school often holds professional seminars, experience sharing sessions, etc. Students can obtain one-on-one alumni services or online alumni resources. In addition, the MIT Sloan Office of External Relations will host the Student-Alumni Mentoring Program.

7. Campus activities: With more than 60 clubs at MIT Sloan, students are always able to find a place that suits them regardless of their interests. Among them, Venture Capital and Innovation Conference and Sports Analytics Conference are two of the largest conferences organized by students in the United States, and MIT Sloan Women in Management Conference has invited Jan Fields (former president of McDonald’s) and MIT Sloan alumna Robin Chase (founder of Zipcar).

Student Leadership: The Master of Finance Leadership Development Program and the MIT Leadership Center jointly organize activities to exercise students’ leadership. Projects include: MIT Sloan Student Senate, Senate Committees, Dean’s Student Advisory Council, Club Leadership.

Event and Competitions: Student Club Events and Conferences, Master of Finance Speaker Series, Competitions and Hackathons, Study Tour, Student Treks, Competitions, Speakers, Networking .

8. Resources:

Academic, Research, and Learning Support: Research Centers, OpenCourseWare(OCW)
Initative, Independent Activities Period, Dean‘s Innovative Leader Series, MIT Libraties, Information Services & Technology, Writing & Communication Center, Harvard/MIT Cooperative Society(The Coop), MIT Press Bookstore

Family: MIT Work-Life Center, MIT Spouses & Partners Connect,

Housing and Transportation: MIT Housing Office, MIT Campus Map, Directions to MIT, Visitor parking, MBTA.

Culture: Arts at MIT, MIT Activities Committee(MITAC), MIT Museum, MIT List Visual Arts Center.

(Unfinished, to be continued)