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Master of Financial Economics (MFE)

Master of Financial Economics (MFE)

Online MFE MFE in Athens International MFE

Program Locations and Details

Program Overview & Chartered Financial Analyst Designation

  • Professors who teach in the MFE have practical, real-world experience.
  • Business Week has ranked Ohio University’s business school as one of the top 50 business schools in the United States.
  • The success rate of MFE students on the CFA Level 1 examination is approximately twice the national average.

The MFE program is designed for students who wish to pursue a career in the investment world. It combines economics, finance and accounting by focusing on practical skills used by professionals in the financial sector.

The content of the financial economics program emphasizes the link between the economy and financial markets, while preparing students for the tremendous challenges of the future. The MFE program has been endorsed by the CFA Institute University Recognition Program for incorporating at least 70 percent of the CFA Candidate Body of Knowledge (CBOK) and placing emphasis on the CFA Institute Code of Ethics and Standard of Practice within the program.

The Master of Financial Economics program prepare students to obtain the Chartered Financial Analyst designation which has become the most respected and recognized investment credential worldwide. Students take courses in portfolio theory, equity markets, bond markets and alternative investments, financial derivatives, financial statement analysis, corporate finance, managerial accounting, microeconomics, macroeconomics, mathematical economics and statistics, econometrics, and international economics and financial markets.

Career and Professional Opportunities—Why Pursue an MFE

Once specialized in Financial Economics, students will be qualified to pursue job opportunities at:

  • Banks’ Trust Departments
  • Mutual Funds
  • Professional Money Management Firms
  • Pension Funds
  • Brokerage Firms
  • Hedge Funds
  • Insurance Companies
  • Investment Banks: Analyze Initial Public Offerings (IPOs), Debt offerings
  • Non-financial Private Corporations (such as IBM): Asset valuation, capital market strategy

A financial analyst in the first seven institutions listed above would do “portfolio strategy,” which includes:

  • Analysis of individual stocks, bonds, etc.
  • Investment timing
  • Investment selection

The MFE teaches skills essential for the job market. These include but are not limited to: bond and equity valuation, options pricing, forecasting techniques, financial statement analysis, derivatives trading, and portfolio management.

Difference from the Applied Economics Degree

The current M.A. program in Economics is a theory program with some application emphasis. It prepares the students for Ph.D. programs, employment opportunities at government agencies such as the Department of Labor, the Department of Commerce, and the Federal Reserve Banks. The MFE program prepares students for employment opportunities in the financial sector. The program plan was designed after interviewing with executives of financial companies like, Merrill Lynch, Investment Management & Research Inc, Franklin Advisors, and National City Corp.

Difference from the MBA

Unlike an MBA program, which is very broad and covers many different general areas, this program is highly focused. It is designed for those who want to pursue careers as bond analysts, equity analysts, investment portfolio managers, etc. Whereas an MBA program is designed to help managers to run a business, the MFE program emphasizes the interaction between financial markets and the economic environment; students in this program learn how to apply current conditions in broad-based economic markets to specific financial markets.

Costs

Domestic

International Graduate Student Expenses

Financial Aid

Limited financial aid is available on a competitive basis. The grade point average (GPA), the university from which the candidate has graduated, and other credentials are used for aid decisions. No separate form is required to apply for financial aid. The applicant needs to specify if he/she would like to apply for aid in the graduate application form.

Program Mission

Since the program is based on the CFA Candidate Body of Knowledge (CBOK), its primary mission is to provide students with the quantitative and theoretical tools for a successful career in investment management.

Program Learning Objectives

  1. Learn how an economy operates in general and financial markets in particular.
  2. Enhance financial analysis and quantitative skills to succeed in financial services industry.
  3. Understand relationship between different segments of financial market (e.g., equity and bond markets).
  4. Understand the portfolios management processes for various investors according to their objectives and constraints using state-of-the-art techniques under the guidance of modern portfolio theories.
  5. Learn how to adhere the Code of Ethics and Standards of Professional Conducts when providing investment services.

Contact Us

For more information about the graduate programs in Economics, contact Dr. K. Doroodian, Director of the Graduate Program in the Department of Economics.

Collaborative Agreement with Otterbein University

Otterbein University and Ohio University singed a collaborative agreement under which Otterbein MBA students who choose a concentration area in finance will take MFE courses at Ohio University-Pickerington. These credit hours will be transferred to Otterbein University and applied toward the MBA credit hours requirements.

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