Students looking to study finance and information systems at the graduate level can find dual degree programs offering both subjects of study. These programs may require close to 60 credits, depending on a student's educational background. This article will present an overview of the types of courses that programs may cover as well as common admissions requirements.
Overview of Courses Generally Included in Master's Programs Related to Finance and Information Systems
These are some of the course topics that students can expect to take when enrolled in a master's dual degree program that is focused on finance and information systems.
Courses that focus on information management may do so from an information system or information technology perspective. For information systems, students will learn about the administrative aspect of managing computer-based systems while the management of information technology focuses on the technology used in organizations. Other topics students will learn can include the design of information systems and operations scheduling.
Where this topic is concerned, students may cover the management of data or databases. When enrolled in these courses, students may learn how to design databases as well as data modeling. After taking these courses, students should be able to determine how companies can benefit from sharing data.
Project management can be a useful skill for persons pursuing master's degree programs in the areas of information systems and finance. When enrolled in these courses, students can expect to learn the techniques necessary to handle information related to a number of different projects. Some of the areas that can be covered in these courses include time management and cost management.
Financial Decision Making
Decision-making courses will generally be more financial-based than related to information systems. In these courses, students may be introduced to market analysis and financial economics. Students will then learn how to use this information to make decisions regarding pricing practices and portfolio management.
These types of courses usually explore the application of data mining technology in a business organization. Students can expect to learn about data sets and the type of technologies used to acquire data. Other topics that these courses may cover include machine learning and the applications of data mining to handling credit card fraud.
General Admission Requirements for Master's Degree Programs Related to Finance and Information Systems
In order to be admitted into master's degree programs focused on finance and information systems areas, students must have an undergraduate degree, and some schools may require a minimum GPA of 3.0. Along with a school transcript, applicants may be required to submit letters of recommendation, a statement of purpose, a current resume and passing scores on the GRE or GMAT tests. Non-native English speakers may need to submit passing scores on an English Language proficiency test. Prerequisite courses may also be necessary.
Those interested in studying finance and information systems at the graduate level can select dual degree programs. These programs could include courses in data mining, financial decision-making, and project management.