The current tumultuous global financial crisis may be the first you have ever experienced in your lifetime, yet less severe financial crises happen every ten or twenty years. Understanding financial modeling, mergers and acquisitions and real options, corporate governance, business ethics and business strategy from a historical and current perspective can be an invaluable asset toward career advancement.
Program Description
A Master of Science (MSc) in Finance from Webster is designed to provide a quantitative and comprehensive examination of the finance field. Students advance through the topics of corporate finance, investments, and market instruments and institutions. Additionally, students experience a significant exposure to supporting coursework in the closely related fields of accounting and economics. A capstone course ties together the major finance topics and exposes students to literature, and the analysis thereof, pertinent to the field. After a comprehensive examination of the field, students may choose their electives to satisfy their specific career goals.
Webster Vienna has become a recognized educational institution in the University Affiliation Program (UAP) of The CFA Institute. The Master of Science in Finance program has been acknowledged as incorporating at least 70 percent of the Chartered Financial Analyst® (CFA®) Program Candidate Body of Knowledge. Also a limited number of Webster Vienna's students can apply for the CFA® Program Awareness Scholarship each year.
Learning Outcomes
- Graduates can determine the value of financial assets.
- Graduates can analyze the financial decisions of a corporation.
- Graduates can measure risk and formulate strategies to reduce it.
Program Prerequisites*^
- BUSN 5600 Accounting Theory and Practice (3 hours)
- BUSN 5620 Current Economic Analysis (3 hours)
- BUSN 5760 Applied Business Statistics* (3 hours)
* if not waived, it counts towards elective credit hours
^ additional courses may be required for students who do not meet admissions requirements
Further information about program prerequisites can be found here
Program Curriculum*
The Master of Science (MSc) in Finance requires successful completion of 39 US credit hours, including 36 US credit hours of core courses and 3 US credit hours of electives from the field. Students who require prerequisite courses may have to complete more than the minimum required US credit hours for this degree. *Fall 2019 intake or later. (View previous degree requirements.)
The following courses are required for the MSc in Finance:
- BUSN 6070 Management Accounting (3 hours)
Prerequisites: BUSN 5600 and BUSN 5760 - BUSN 6120 Managerial Economics (3 hours)
Prerequisites: BUSN 5620 and BUSN 5760 - FINC 5000 Finance (3 hours)
Prerequisites: BUSN 5600 and BUSN 5760 - FINC 5100 Financial Modeling (3 hours)
Prerequisite: FINC 5000 - FINC 5210 Investments (3 hours)
Prerequisite: FINC 5100 - FINC 5810 Capital Budgeting and Corporate Investments (3 hours)
Prerequisite: FINC 5100 - FINC 5830 Institutions and Financial Markets (3 hours)
Prerequisite: FINC 5100 - FINC 5840 International Finance (3 hours)
Prerequisites: FINC 5100 - FINC 5880 Advanced Corporate Finance (3 hours)
Prerequisite: FINC 5000 - FINC 6290 Mergers and Acquisitions (formerly Financial Strategies) (3 hours)
Prerequisite: completion of all of the required courses above - FINC 6250 Thesis (6 hours)
After Graduation
MSc in Finance graduates can find career opportunities in financial services, commercial banking, corporate finance, financial planning, investment banking, money management, insurance, and even real estate. Knowledge of international finance, financial markets, and corporate financial management is a useful skillset, sought out by a variety of companies, government agencies, and other organizations who require financial managers to oversee the preparation of financial reports, reduce risk, direct investment activities, and implement cash management strategies.
Resources & Roadmaps
Resources for MSc Finance Students
*Note: Program prerequisites are to be completed before beginning MSc in Finance coursework. Prerequisite courses are required for students who have not completed an appropriate equivalent within the five years prior to entering the MSc in Finance program. Prerequisite / Equivalent courses must have been completed with a grade of B or better. If the appropriate prerequisite course content was completed more than five years prior to entering the program, the department will allow a waiver if the student demonstrates command of the content area by successfully completing a waiver examination. If you are interested in taking a prerequisite waiver examination, please see the department coordinator. The prerequisite courses BUSN 5600 and BUSN 5620 may not count as electives. There is no prerequisite waiver exam for BUSN 5760 Applied Business Statistics.
Faculty - Business and Management
Dr. Nikolaos Antonakakis
Head of Department and Associate Professor and Area Coordinator for Economics
Finance
nikolaos.antonakakis[at]webster.ac.at
Dr. Pernille Eskerod
Full Professor and Area Coordinator for Management and Organizational Behavior
pernille.eskerod[at]webster.ac.at
Dr. Maria Madlberger
Full Professor and Area Coordinator for Marketing
maria.madlberger[at]webster.ac.at
Dr. Menbere Workie Tiruneh
Associate Professor
Finance and Economics
menbere.workie[at]webster.ac.at
Dr. Ronald Hochreiter
Associate Professor
Finance
ronald.hochreiter[at]webster.ac.at
Dr. Maria-Teresa Punzi
Assistant Professor
Economics
maria-teresa.punzi[at]webster.ac.at
Dr. Eva Zedlacher
Assistant Professor
Management
eva.zedlacher[at]webster.ac.at
Mr. Adam Louis Troldahl, MA
Department Coordinator
adam.troldahl[at]webster.ac.at
Ms. Dorothy Kishbaugh, LMSW
Department Coordinator
dorothy.kishbaugh[at]webster.ac.at
Active in 2020-2021
Dr. Florin Abazi
Computer Science
abaziflo[at]webster.edu
Dr. Mehdi Ali
Economics
mehdiali29[at]webster.edu
Dr. Maximilian Benner, M.Sc.
Economics
maximilianbenner[at]webster.edu
Mr. Alfred Dolecek, MSc.
Accounting and Marketing
alfreddolecek24[at]webster.edu
Univ.-Doz. Dr. Claus Ebster
Marketing & Management
clausebster36[at]webster.edu
Mag. Alexandra Federer, MBA
Marketing
alexandrafederer[at]webster.edu
Mr. Massimiliano Falcinelli, MS
Computer Science
mfalcinelli49[at]webster.edu
Dr. Paul Fischer, LLM
Business Law
paulfischer44[at]webster.edu
Dr. Andrea Gaal
Management
andreagaal70[at]webster.edu
Dr. Hossein Hassani
Statistics
hosseinhassani57[at]webster.edu
Ms. Casandra Hutchinson, MSc
Math & Statistics
chutchinson61[at]webster.edu
Prof. Mag. Dr. Dr. Petra Inwinkl
Management
petrainwinkl[at]webster.edu
Mr. Michael Kapfer, MBA
Marketing & Public Relations
michaelkapfer77[at]webster.edu
Dr. Christian Kreuzer
Finance
ckreuzer26[at]webster.edu
Dr. Christopher Kronenberg
Management & Entrepreneurship
ckronenberg96[at]webster.edu
Mr. Charles La Fond, MBA
Management
charleslafond29[at]webster.edu
Dr. Xavier Matteucci
Marketing
xmatteucci75[at]webster.edu
Mr. Alan Noble, MA
Management
alannoble03[at]webster.edu
Dr. Heinz Palasser, MBA, MSc
Accounting
heinzpalasser17[at]webster.edu
Mag. Svetla Pehlivanova-Porenta
Management
svetlap16[at]webster.edu
Dr. Hanno Poeschl, MSc, MBA
Finance & Management
hannopoeschl35[at]webster.edu
Dr. Rudolf Rössel, MBA
Computer Science
rudolfroessel99[at]webster.edu
Dr. Roman G. Seligo
Sales Management
romanseligo46[at]webster.edu
Mr. Robert Senz
Finance
robertsenz64[at]webster.edu
Dr. A. Nicholas Simon
Business Law
nicholassimon91[at]webster.edu
Dr. Christian Steineder
Mathematics
csteineder10[at]webster.edu
Mr. Miguel Suarez Vasquez, PhD, MSc, MBA
Business & Accounting
miguelsuarez21[at]webster.edu
Dr. Owat Sunanta
Math & Statistics
owatsunanta43[at]webster.edu
Mr. William Tippin, DM, CMC
Management [Fall 2020 Visiting Sverdrup Fellow]
wmtippin[at]webster.edu
Mr. Emil Tsenov, MA
Marketing
emiltsenov73[at]webster.edu
Dipl.Kfm. Norbert Wetzel, MBA
Finance & Human Resources Management
norbertwetzel59[at]webster.edu
Mag. Christian Wozabal, MBA
Accounting
cwozabal74[at]webster.edu