Program in Finance Graduate School of Management Clark University

Program in Finance Graduate School of Management Clark University

Worcester, MA
student ratio
total students
Not Reported
average amount to complete degree
June 1
fall application deadline
acceptance rate
1 Degree Offered
degrees offered


A Top Finance Graduate Program

The full-time Master of Science in Finance (M.S.F.) program offered by the Graduate School of Management (GSOM) at Clark University prepares students for challenging careers in investment firms, banks, and corporate settings. The M.S.F. program provides students with the skills necessary to solve complex financial problems through a combination of coursework, collaborative learning opportunities, and internships.

Clark University's Graduate School of Management is accredited by the Association to Advance Collegiate Schools of Business (AACSB). The GSOM has also been named a Best Business School by the "Princeton Review." Graduates work all over the world for companies including Reebok International; American Express; the U.S. Department of Revenue; and Bank of America.

Clark offers courses in nontraditional trading strategies and is one of only five U.S. universities to partner with the Chartered Alternative Investment Analyst Association.

Exciting Finance Internships

In addition to completing coursework, most M.S.F. students at Clark participate in internships that provide them with practical experience in finance and business. GSOM students have completed internships with a variety of companies, including Aflac; AIG-Alico; Deloitte Services, LP; IBM Research; KPMG Professional Services; Liberty Mutual; and Merrill Lynch.

Students typically complete internships in Worcester, Boston, and the surrounding areas during the academic year. During the summer, students can pursue international internships in locations such as Kanagawa, Japan; Mumbai, India; and Lagos, Nigeria.

Opportunities for Research and Professional Development

Students in the M.S.F. program work closely with faculty who are leading theorists and industry consultants from around the world. In addition to completing coursework and internships, students may collaborate with professors on a variety of cutting-edge research projects.

All GSOM students at Clark University have access to the Stevenish Career Management Center, which provides a variety of networking, advising, and career search services such as resume and cover letter assistance; mentoring; workshops; and access to career fairs. The Stevenish Career Management Center also helps international students with issues related to cultural barriers and assimilation.

The Graduate School of Management at Clark University is home to several finance- and business-related graduate student organizations, such as the GSOM Student Council; the GSOM Finance Association; and Clark Women in Business.

M.S.F. Coursework and Elective Options

The Master of Science in Finance program at Clark University is offered as a full-time cohort program consisting of 10courses and a professional internship that is completed during three semesters and one summer. Students typically complete 3 courses during the 1st fall semester; 3 courses during the spring semester; and 4 courses during the 2nd fall semester.

All M.S.F. students complete 8 core courses, including courses on subjects such as advanced derivatives; case studies in corporate finance and case studies in derivatives; computational finance; financial econometrics; fixed-income securities; investment analysis; and investment strategies. Students may choose 2 electives in accounting, economics, or finance. There are four prerequisites courses that must be completed before enrolling: Accounting, Economics, Statistics and Calculus.

M.S.F. students are each required to complete a professional internship. This requirement can be waived for students who have more than 3 years of relevant, full-time work experience.

The M.S.F. and M.B.A. Dual-Degree Program

The dual M.S.F. and Master of Business Administration (M.B.A.) degree program at Clark University is designed for students interested in combining in-depth financial knowledge with a broader base of essential business and strategic capabilities, such as leadership, decision-making, marketing, and operations.

Students in the dual-degree program complete 10 courses from the M.S.F. program and 9 to 12 courses from the M.B.A. program. The entire dual-degree program can be completed in 3 years of study.

Distinguished Faculty Members with Diverse Research Interests

Students learn from accomplished faculty members with a broad range of research interests. Professor Gillaume Weisang researches Bayesian statistics and Bayesian econometrics; hedge fund performance evaluation and replication; and hedge fund systematic risk. He is the author of numerous articles and book chapters.

Professor Shu Feng's research interests include derivatives, institutional investors, risk management, and portfolio management.

Professor Sitikantha Parida's research interests include empirical asset pricing and behavioral finance.

Admissions Requirements and Prerequisite Coursework

To be considered for admission into the M.S.F. or the dual M.S.F. and M.B.A. degree programs at Clark University, each student must submit an application and fee; a personal statement; a resume; 2 letters of recommendation; and official transcripts from all colleges and universities attended. Students must also submit GMAT or GRE scores. Applicants with Ph.D. degrees, M.D. degrees, or J.D. degrees from accredited universities are not required to submit GMAT or GRE scores.

Students from all academic backgrounds may apply to the M.S.F. or dual M.S.F. and M.B.A. programs.

Financial Aid at Clark University

The Graduate School of Management offers generous merit-based tuition scholarships to full-time and qualified part-time students. Competitive candidates for scholarships have strong academic credentials, test scores, leadership abilities and potential for professional success.All GSOM students can apply for graduate assistantships, which pay hourly wages for providing teaching and/or research support to faculty.

A Thriving City with Classic New England Charm

Clark University is situated in the heart of Worcester, Massachusetts, the 2nd largest city in New England. Worcester, which was recently named one of the 10 Most Livable Cities in the U.S. by "Forbes" magazine, is located 1 hour from Boston and 3 hours from New York City. Worcester boasts a thriving business community that includes biotech, manufacturing, and technology companies.

Location & Contact

Program in Finance

Graduate School of Management
Clark University

950 Main Street
Worcester, MA 01610-1477
United States

Dr. Catherine Usoff


Phone: 508-793-8822
Fax: 508-793-8822

Mr. Patrick Oroszko

Enrollment and Marketing Director

Phone: 508-793-8822
Fax: 508-793-8822

Request More Info

Degrees & Award

  • Degrees Offered
    • Major Degree Levels Offered
    • Finance And Banking Master of Science in Finance (MSF)
  • Degrees Awarded
    • Master's Degrees 92
    • Doctoral Degrees Not reported
    • First Professional Degrees Not reported
    • Other Advanced Degrees Not reported
    • * Shows the number of degrees awarded for the last academic year that data was reported.
  • Earning Your Degree
    • Part-time study available? Not reported
    • Evening/weekend programs available? Not reported
    • Distance learning programs available? Not reported
    • Terminal master's degree available? Not reported
  • Degree Requirements
    • Master's Degrees
    • Doctoral Degrees Not reported
    • First Professional Degrees Not reported
    • Other Advanced Degrees Not reported


88% of applicants are admitted.
  • Acceptance Rate
    • Applied 725
    • Accepted 639
    • Acceptance Rate 88
    • Enrolled 100
  • Applying
    • Application Fee - Domestic $75
    • Application Fee - International $75
    • Electronic applications accepted? Yes
    • Applications processed on a rolling basis? Yes
  • Application Deadlines
    • Type Domestic International Priority Date
    • Fall deadline June 1st Not Reported Yes
    • Winter deadline Not Reported Not Reported Not Reported
    • Spring deadline December 1st Not Reported Yes
  • Entrance Requirements
    • Master's DegreesNot Reported
    • Doctoral's DegreesNot Reported
    • First-Professional's DegreesNot Reported
    • Other Advanced DegreesNot Reported
    • International DegreesNot Reported

Tuition & Fees

  • Tuition & Fees *
    • Tuition & FeesNot Reported
    • *Average dollar amount (tuition & fees) required to complete the degree
  • Financial Support
    • Financial award applicants must submitNot Reported
    • Application deadlines for financial awardsMay 31
    • Types of financial support availableTuition Waivers

Student Body

  • Gender
    • Total Graduate Students196
    • Female Percentage51%
    • Male Percentage49%
  • Participation
    • Total Graduate Students196
    • Part-time Percentage1%
    • Full-time Percentage99%
  • Ethnicity
    • Hispanic / Latino0%
    • Black / African American0%
    • White / Caucasian67%
    • American Indian / Alaskan Native0%
    • Asian17%
    • Native Hawaiian / Other Pacific Islander0%
    • Two or more races0%
    • Unknown16%


  • Existing Research
    • Focus of faculty researchMarketing, accounting, human resource management, management information systems, business finance
    • Externally sponsored research expenditures last yearNot Reported




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