Department website: finance.wharton.upenn.edu
Concentration advisors: Prof. Richard Kihlstrom Office 2255 SH-DH, Office hours by appointment, please email with questions or to set up a time.
If unavailable, please contact Prof. Richard Herring Office 2444 SH-DH, Office hours by appointment, please email with questions or to set up a time.
The Finance major provides students with the analytic and theoretical tools required to master practical issues in Finance, with applications to financial management in business firms, financial institutions, government, and not-for-profit entities.
While some attention is given to the descriptive, institutional, and historical aspects of the field, primary emphasis is placed on the analytical foundations of the discipline, emphasizing theory and methods of analysis and making extensive use of relevant techniques of economic analysis, mathematics, and statistics.
Graduates have begun their professional careers with positions in financial departments of non-financial firms, investment banks, broker-dealers, and management consulting firms, as well as various departments of commercial banks and other financial institutions, not-for-profit entities, central banks, and international financial institutions.
Students wishing to major in Finance are required to take the two core requirements (FNCE 611, Corporate Finance and FNCE 613, Macroeconomics and the Global Economic Environment) and four upper-level elective Finance credit units.
a) If you waive FNCE 611 or FNCE 613 (or both), you must take one additional upper-level elective Finance credit unit, for a total of five upper-level elective units.
b) No more than one credit unit may be an Advanced Study Project (FNCE 890) or an Independent Study (FNCE 899).
c) Courses offered in other departments cannot be counted towards the Finance major unless they have been cross-listed with the Finance Department. In order to apply a cross-listed course to the Finance major, you must be registered for the “FNCE” course (bid on the “FNCE” course ID in the auction).
Courses taken for a Finance Major must be taken for a grade. Pass/fail courses will not be counted toward the Finance major requirements.
A variety of programs can be designed for specific intellectual and career objectives, although students are advised not to become too specialized.
Students should keep in mind that not all courses listed below are offered every semester. Students should check with the Finance Department to verify each semester’s course offerings as well as the professors assigned to those courses.
A complete listing of courses offered in the Department, together with a brief description. Prerequisites, and syllabi, can be found at MBA Course Listings Page.
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