The outcomes from both programs have been evaluated on an on-going basis. Specific learning outcomes were established by the Finance faculty in November, 2011.
The learning objectives of the Master's in Finance program are measured through the summer master's reserach completed by each student and through a required student evaluation of the program.
The learning objectives of the doctoral finance program are measured through on-going research during the program and through communication with graduates to assess research productivity and preparation.
The current list of objectives and assessment measurements are listed below. Information regarding the assessment tools and related academic courses can be reviewed in the attached document.
Master’s in Finance
Skills in Finance - The student will:
• Demonstrate knowledge of theories and models relevant to the field of finance.
• Apply concepts and techniques from complex finance topics.
• Demonstrate understanding of how finance knowledge is created.
Oral and Written Communication - The student will:
• Express complex financial information and concepts clearly and concisely when speaking and writing.
• Integrate complex financial information and analysis into a written report in a well-organized and easy to understand manner.
Software Skills - The student will:
• Use a range of internet and database sources to support assigned projects, e.g., Bloomberg, CRSP, SDC.
• Use software applications, such as Excel, SAS, MATLAB and VBA.
Teamwork - The student will:
• Provide and receive feedback, ideas and instruction in a professional manner.
• Organize tasks and delegate responsibility to complete collaborative projects in a timely and professional manner.
• Explain the impact of each team member (including self) on the collaborative project and the role each member plays.
Ph.D. Program (updated 5/10/13)
Research - The student will:
• Perform high-quality research in finance that is worthy of publication in top-tier journals (i.e., research question and design is significant, data analysis is strong).
• Demonstrate understanding of how his or her research contributes to finance knowledge (i.e., idea raised is original and positioned well within literature).
Oral and Written Communication in Finance
• Express financial information and concepts clearly and concisely when speaking (i.e., interacts fluently with audience and keeps attention on the presentation, provides clear summary information with well-designed graphics).
• Integrate financial information and analysis into written research in a well-organized, understandable manner (i.e., document is error-free and easy to read, writing flows smoothly).