The STEM-designated* Finance master’s program reflects the unique blend of technology, analytics and data skills required of professionals in this field, to confront the challenges of today and to better understand the business opportunities of tomorrow.
As a result of this careful curricular design, several important organizations — the CFP Board, CFA Institute and the Global Association of Risk Professionals — have recognized the Stevens master’s in Finance as providing unique value to students who complete these programs.
In addition to its curricular design, the Finance program remains relevant through its Hoboken location, putting the campus a 10-minute train or ferry ride from Wall Street.
*A STEM-designated program allows students from outside of the U.S. to be eligible for a 24-month extension of their Optional Practical Training (OPT).
The concentration in Financial Planning in the master's in Finance program, along with the Financial Planning certificate, is approved from the Certified Financial Planning Board, an indication that these programs sufficiently prepare students to sit for the CFP Exam.
The mission of the CFP Board is to benefit the public by granting the CFP certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning. CFP certification is considered the gold standard in the fast-growing field of financial planning and wealth management.
The CFA Institute aims to lead the investment profession globally by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society. Its Chartered Financial Analyst designation is among the most prestigious in the finance world.
The master’s in Finance has been accepted into the CFA Institute’s University Affiliation Program. This status is granted to institutions whose degree programs incorporate at least 70 percent of the CFA Program Candidate Body of Knowledge (CBOK), which provide students with a solid grounding in the CBOK and positions them well to sit for the CFA exams.
As a participant in the University Affiliation Program, Stevens is allotted a certain number of student scholarships. For information on how to qualify for a scholarship to sit for the CFA exam, contact Dr. Elaine Henry.
As the leading professional association for risk managers, GARP’s mission is to advance the risk profession through education, training and the promotion of best practices globally.
The organization’s Academic Partnership Program was created to help colleges and universities improve their risk management course offerings. The program offers a wide range of benefits for academic institutions, and combines rigorous instruction with practitioner-driven insight to ensure students are prepared for the demands of the global financial industry.
As an Academic Partner, the School of Business plays a crucial role in educating the next generation of highly qualified risk managers. By aligning with GARP, Stevens is part of a network of the world’s top risk practitioners and academics, allowing faculty to create curricula that reflect the latest international standards.