MASTER OF SCIENCE IN FINANCE

Submitted by admin on 11 January 2021

In the field of finance, this proliferation of knowledge has led to an increasingly greater proportion of business organizations side-stepping the traditional financial system mediated by banks, to participate in the market-driven financial system where capital is obtained directly from the financial markets. In tandem, there is an increase in demand for skills and expertise in the concomitant areas of asset management, real estate finance, and securities analysis. These changes have caused organizations to increasingly seek specialized management skills and avoid management generalists.  Higher education in the field of finance needs to provide this advanced specialized training, featuring a solid foundation of finance as well as a broader focus on accounting, auditing, economics, law, and business administration. 

The Masters of Science in Finance program is designed to train business leaders, financial policy managers, and academicians who are firmly grounded in the core areas of corporate finance, capital markets, asset management, financial risk management, financial reporting, securities research, and strategic management control.  A range of careers is available for graduates including management of financial institutions, financial analysis, financial market trading, real estate, consultancy, and financial regulatory agencies. 

 

Program Courses

First Year- Semester I

Advanced Microeconomics

Financial Accounting

Corporate Governance and Business Regulatory Framework

Corporate Financial Strategy

Research Methods for Financial Studies

 

Electives (Any One)

Behavioral Finance

Treasury Management

Management Control Systems

Systems and Operations Management

 

First Year- Semester II

Advanced Macroeconomics

Management Accounting

Financial Management

Finance Theory

Econometrics for Finance

Electives (Any One)

Working Capital Management

Business Valuation

Funding New Ventures

Performance Measurement and Management

 

Research Proposal (Thesis)

 

SPECIALIZATIONS

Second Year- Semester I

Finance and Accounting Specialization

Prerequisite:BAF 816  Performance Measurement and Management

Core Courses

Advanced Financial Accounting

Auditing and Forensic Accounting

Tax Planning and Management

Finance Seminar

 

Finance and Investments Management Specialization

Prerequisite BAF 805: Behavioral Finance

Core Courses

Securities Valuation and Investments Management

Real Estate Finance

International Financial Markets and Investments

Finance Seminar

 

Finance, Banking, and Capital Markets Specialization

Prerequisite: BAF 805: Behavioral Finance

Core Courses

Commercial Banking

Corporate Restructuring Mergers and Acquisitions

Investment planning and Risk Management

Finance Seminar

 

Finance, Risk and Insurance Management Specialization

Prerequisite: BAF 805: Behavioral Finance

Core Courses

Risk Management and Insurance

Risk and Financial Derivatives

Actuarial Valuation

Finance Seminar

 

Quantitative Finance Specialization

Prerequisite BAF 805: Behavioral Finance

Core Courses

Derivatives Pricing

Asset Pricing, Management & Portfolio Formation

Models, Forecasting and Risk Management

Finance Seminar

 

Finance and Strategy Specialization

Prerequisite BAF 805: Behavioral Finance

Core Courses

Corporate Restructuring Mergers and Acquisitions

Investment planning and Risk Management

Advanced Strategic Management

Finance Seminar

 

Thesis Research

Project Proposal

 

Second Year- Semester II

Thesis/Project Writing and Submission

 

Programme Requirement

Admission Requirements

To qualify for admission to the programme, the candidate shall be:

  1. A holder of at least an upper second class honors degree in Finance, Accounting, Banking, Insurance, Economics, Mathematics, Statistics and Engineering from Maseno University or any other recognized university; or
  2. A holder of a lower second class degree in Finance, Accounting, Banking, Insurance, Economics, Mathematics, Statistics and Engineering from Maseno University or any other recognized university plus either:

A Postgraduate Diploma in a relevant field; or

Two years’ working experience in a relevant field; or

Research experience as demonstrated by publications in peer-reviewed journals.

 

Course Category
Graduate
Course Teaser

In the field of finance, this proliferation of knowledge has led to an increasingly greater proportion of business organizations side-stepping the traditional financial system mediated by banks, to participate the market-driven financial system where capital is obtained directly from the financial markets. In tandem, there is increase in demand for skills and expertise in the concomitant areas of asset management, real estate finance and securities analysis. These changes have caused organizations to increasingly seek specialized management skills and avoid management generalists.  Higher education in the field of finance needs to provide this advanced specialized training, featuring a solid foundation of finance as well as a broader focus of accounting, auditing, economics, law and business administration. 

The Masters of Science in Finance program is designed to train business leaders, financial policy managers and academicians who are firmly grounded in the core areas of corporate finance, capital markets, asset management, financial risk management, financial reporting, securities research and strategic management control.  A range of careers are available for graduates including management of financial institutions, financial analysis, financial market trading, real estate, consultancy and financial regulatory agencies. 

 

Department
Accounting and finance