4+1 BA/MSFA Program Requirement
Students at USF can enroll in a 4 + 1 program in which they obtain both a Bachelor's degree in Financial Economics and a Master of Science degree in Financial Analysis within five years. The MSc in Financial Analysis (MSFA) emphasizes the key role of economic analysis in the investment management and valuation profession. The MSFA is structured around the body of knowledge set forth by the Chartered Financial Analyst Exam program and has been accredited as an Academic Program Partner by the CFA Institute since 2006.
Students in the five-year program begin to take graduate-level courses when they achieve senior-level standing at the University. Students graduate with the B.A. in Financial Economics and officially matriculate into the MSFA program upon completion of College graduation requirements, which include 128 units of credit within which graduate courses will substitute for undergraduate courses in satisfying the B.Sc. requirement. The total units required for the Joint BA/MSFA Program in Economics is 154 units.
Students who graduate from the MSc. in Financial Analysis program will be prepared for a number of career options, including work in the financial industry as a financial analyst, investment manager or investment advisor. Students who graduate with the MSFA degree generally pursue the Chartered Financial Analyst designation as well.
I. Entry Requirements
Students can apply to enter the 4+1 Economics BA-MSFA program from any major at USF if they have a 3.5 GPA in Principles of Microeconomics, Principles of Macroeconomic, Intermediate Microeconomics, Intermediate Macroeconomics and two semesters of Calculus (Math 109 and Math 110).
Transfer students must fulfill this requirement AND have completed a minimum of 8 units of upper-division Economics or Math coursework at USF with a GPA of 3.4 in these courses.
Students in the 4+1 BA/MSFA program are required to maintain a 3.2 GPA in the required courses to stay in the program.
II. Required Undergraduate Economics Courses
ECON 111 Principles of Microeconomics
ECON 112 Principles of Macroeconomics
ECON 311 Intermediate Microeconomics
ECON 312 Intermediate Macroeconomics
ECON 320 Econometrics or 620 Graduate Econometrics
ECON 415 Mathematics for Economists (or 615)
ECON 350 Money & Banking
ECON 450 Monetary Economics
MATH 109 Calculus and Analytic Geometry I
MATH 110 Calculus and Analytic Geometry II
MATH 211 Calculus and Analytic Geometry III
MATH 130 Linear Algebra
MATH 370 Probability and Statistics
UGBA 201 Financial Accounting
UGBA 305 Corporate Finance
III. Required MS in Financial Analysis Courses
All these courses are 2 units.
ECON 712 Financial Markets
ECON 720 Equity Valuation
ECON 722 Fixed Income I
ECON 724 Derivatives I
ECON 726 Advanced Financial Statements
ECON 728 Financial Markets
ECON 730 Behavioral Finance and Risk Management
ECON 732 Derivatives II
ECON 734 International Finance
ECON 740 Capital Markets
ECON 742 Alternative Investments
ECON 744 Financial Econometrics
ECON 746 Portfolio Management
III. Elective Economics Courses
There are no elective courses in the Joint BS Financial Economics/MSFA program.