Curriculum

Finance

There are two finance concentrations: Concentration in Finance (Corporate) and Concentration in Finance (Investment). To receive one of these concentrations, a student must take at least six electives that are beyond the required core courses and are from the set of electives specified for each concentration.

Concentration in Finance (Corporate)

This concentration is designed for the following career paths: Corporate Finance, Venture Capital & Real Estate, and International Finance. Students should note that electives may have pre-requisite requirements. In addition, not all finance electives are offered each year. Both of the following courses are required:

Choose one of the following courses:

Choose one of the following courses:

Choose two courses from the following set of finance electives:

Concentration in Finance (Investment)

This concentration is designed for the following career paths: Banking, Investment Management, and Research, Sales & Trading.

Both of the following courses are required:

Choose one of the following courses:

Choose one of the following courses:

Choose two courses from the following set of finance electives:

  • FINANCE 353 – Derivatives

  • FINANCE 450 – Fixed Income Securities and Risk Management

  • FINANCE 453 – Global Asset Allocation & Stock Selection

  • FINANCE 454 – Financial Engineering

  • FINANCE 458 – Raising Capital: Financial Instruments, Institutions & Strategy

  • FINANCE 491 – Quantitative Finance

Dual Finance Concentration Option

Students wishing to obtain a dual concentration in Finance are required to complete a total of ten courses which are broken down as follows:

  1. take the two required courses for the two different Finance concentrations (FINANCE 351 and 352)

  2. take one of the following (ACCOUNTG 342, 441 or 442)

  3. take one of the following (DECISION 312, 410, 411 or MGRECON 301)

  4. take two finance electives from the approved list of Corporate Finance elective courses

  5. take two finance electives from the approved list of Investment Finance elective courses

  6. take two additional finance electives from either the Corporate Finance or Investment Finance elective sets

Financial Analysis

The Concentration in Financial Analysis is intended to provide skills and subject matter knowledge that will prepare students for careers that use the analysis of accounting numbers to support business decisions, such as consulting (e.g., strategic consulting, litigation support), equity analysis (sell-side or buy-side analysis; portfolio management), commercial banking, investment banking, financial positions in corporations (including in-house acquisitions activities). The accounting courses in the concentration will provide a solid foundation for preparation of pro forma financial statements, reading and analyzing financial reports, analysis of cost drivers and costs (e.g., separation of fixed from variable costs), and valuation techniques. The non-accounting courses augment students’ accounting knowledge with insight into the drivers of profitability within and across industries (competitive analysis; intellectual capital and competitive strategy), better ability to manipulate and analyze financial data (forecasting; information management), and deeper understanding of capital structure and restructuring events that change both asset compositions (e.g., via mergers or spin offs) and capital structures (corporate finance; corporate restructuring).

Coursework

The following two electives are required:

Choose one of the following electives:

  • ACCOUNTG 341 – Managerial Accounting
    or
    ACCOUNTG 491 – Management Control and Financial Reporting

Choose one of the following electives:

Choose two of the following electives:

Certificate of Academic Excellence in Finance

The Certificate of Academic Excellence in Finance distinguishes Duke MBA–Daytime students who focus in the discipline and attain excellent grades in finance courses.

To earn the certificate, you must take at least twelve finance-related electives beyond core finance courses–and six credits beyond those required to receive the MBA. This corresponds to a dual finance concentration in corporate finance and investments plus an extra finance and non-finance elective.

More info on certificate at http://www.fuqua.duke.edu/student_resources/academics/certificates