Corporate Finance M.S.

Program Overview

Rider’s Master of Science in Corporate Finance is designed to prepare students for a leadership role in managerial finance in a corporate setting. Our program capitalizes on the strengths of Rider’s AACSB-accredited Accounting program and nationally-ranked Finance program, allowing students to develop and practice skills that can lead to success in the corporate environment. Our distinctive managerial and accounting emphasis will put students on a track to become a CFO. Through our program, students will become adept at synthesizing financial and accounting data, and using modeling to recommend financial strategies that impact high-level business decisions.

Curriculum Overview

The Rider MS in Corporate Finance curriculum includes pre-required and core classes.  Depending on the background of the individual student, completion of the degree may require between 30-40.5 credits.  Rider's College of Business Administration is accredited by the AACSB International (Association for the Advancement of Collegiate Schools of Business), a distinction held by fewer than 4% of business programs worldwide

Classes for the program are offered in the evening, Monday through Thursday, and online courses. Students may enter the program in the fall, spring and summer semesters and can elected to pursue the MS in Corporate Finance on a full or part-time basis. Courses are taught in small sections, usually by full-time faculty holding doctoral degrees. Faculty are engaged in research in their fields and have business experience as well. 

Degree Offered

Master of Science in Corporate Finance

Contact

Mrs. Jean Cherney
Graduate Business Academic Coordinator
Sweigart Hall 236
609-895-5557
jcherney@rider.edu

Program Website:  www.rider.edu/corpfinance

Program Requirements

(30 credits)

The Master of Science in Corporate Finance program consists of 30 semester hours at the graduate level.  The courses in the program provide a depth of knowledge and skills in three main areas: managerial accounting and financial statement analysis, corporate finance, and investments and legal/ethical aspects of management . Students may also be required to take an additional 10.5 credit hours of pre-program requirement based on their educational and professional experience.

MACC 652Analysis of Accounting Data3
PMBA 8220Strategic Accounting for Manager3
PMBA 8240Applied Corporate Finance3
PMBA 8290Legal and Ethical Aspects of Managemen3
PMBA 8324Financial Accounting & Report3
PMBA 8325Enterprise Risk Management3
PMBA 8341Corporate Treasury Management3
PMBA 8343Investment Instruments and Strategies3
PMBA 8345International Financial Management3
PMBA 8346Financial Modeling3
Total Credits30

Preliminary Requirements

Students may also be required to take an additional 10.5 credit hours of pre-program requirement based on their educational and professional experience.  Waiver of these courses follows the guidelines defined under the Waiver of Courses section.

PMBA 8020Fundamentals of Accounting3
PMBA 8030Economic Analysis3
PMBA 8040Basic Financial Principles1.5
PMBA 8051Fund of Statistical Analysis3
Total Credits10.5

Business Writing Requirement

One objective of the MS in Corporate Finance program is to develop strong written communication skills. This will be done both formally, through a class for those not demonstrating a level of proficiency expected for business professionals, and informally for all students through faculty review of student-prepared course materials such as research reports, case study write-ups and papers.

Each student who enters the a Graduate Business degree program must have their writing skills formally assessed in one of the following ways:

  1. Through the writing portion of the GMAT or GRE.  A score of 4.5 or better on the GMAT writing section or a score of 4 or better on the GRE Analytical Writing section would rate the student as proficient. 
  2. Through the Graduate Business Writing Assessment, a 60-minute test in which students write a passage in response to a prompt.  The passage is graded using a rubric that assesses Voice/Tone; Organization; Ideas, Support and Development; and Grammar and Mechanics.  Students must score a 3 (adequate) on all four of the writing elements for a passing grade.

Students who fall below the proficient levels as identified above on any of the specified assessments will be required to do one of the following:

  • Complete a business/workplace writing course at a U.S.-accredited university. The student must achieve a “C” or better in the course, demonstrating basic proficiency. Courses must be approved by the Associate Dean for Graduate Programs.  ENG 321 is not included as an approved course for this purpose. 
  • Retake either of the above assessments until a proficient level is reached. Students will be provided with a directory of resources to improve their business writing skills prior to retaking the assessments including Rider writing lab, online tutorials and not-for-credit courses.

Students need to satisfy the above requirement within the first 6 credit hours of taking breadth and elective courses in the graduate business program. Students who do not satisfy the above requirement within the specified time frame will not be allowed to take additional breadth or elective courses in the graduate business program until the requirement is satisfied; he or she may continue to enroll in pre-program courses.

MS in Corporate Finance –Waiver of Courses

A waiver of a course from pre-program requirements may be granted under the following conditions:

  • If the student has graduated from an AACSB-accredited business program within five years prior to semester admitted, and the student has achieved a “B” or better in the equivalent course or sequence of courses.
  • If the student has achieved a “B” or better in an equivalent course (at an accredited four-year institution) or a graduate course within six years prior to the semester admitted.
  • Based on a combination of previous education and work experience at the Associate Dean for Graduate Programs’ discretion.
  • With the approval of the Associate Dean for Graduate Programs, students may take proficiency exams to test out of the pre-program courses if the above criteria are not met. A grade of “B” or better is required on proficiency exams. Within the first year of matriculation, a student is able to take a proficiency exam once on one of the six specified dates. Students may not repeat any proficiency exams.

If a student is granted a waiver for any pre-program requirements, the student is responsible for a satisfactory level of competency with the representative material. If necessary, the student should review and/or seek tutoring support for the waived material in preparation of advanced courses. Any appeal of a waiver decision based on previous course work must be made to the Associate Dean for Graduate Programs within the first semester of the program.

Core Course Waivers

Students with undergraduate coursework in accounting may be able to substitute electives for PMBA 8220 and PMBA 8324 in the following situations so as not to duplicate course work content:

1. Students who took the equivalent ACC 302 Cost Management and meet the waiver guidelines list above with a B or better, may waive PMBA 8220 Strategic Accounting for Manager and replace it with a PMBA or MAcc elective. 

2. Students who took the equivalent ACC 310 Acct Theory & Concepts I AND ACC 311 Acct Theory & Concepts II and meet the waiver guidelines list above with a B or better, may waive PMBA 8324 Financial Accounting & Report and replace it with a PMBA or MAcc elective.

Courses and Descriptions

PMBA 8220 Strategic Accounting for Manager 3 Credits

This course emphasizes the issues encountered by managers regarding performance measurement, incentives, ethics and strategic management accounting tools. Students will learn to recognize ethical issues and apply a code of conduct to those issues, understand the criteria for recognizing revenue, analyze cash flows for investment decisions, compute measures of returns on investments, and understand the uses of a Balance Scorecard in performance evaluation. This course will also cover transfer pricing issues and methods in domestic and international settings, the application of differential analysis to a variety of short-run decisions, and the application of traditional costing methods, activity-based costing, activity-based management, and target costing to products and services. Preparation of a master budget and its role in planning, control, and decision making is also discussed. This course is not open to MAcc students.

Prerequisite(s): Completion of MBA pre-program courses.

PMBA 8240 Applied Corporate Finance 3 Credits

This course is designed to further develop the students’ skills through practical application of concepts and tools taught in prior finance courses. Students will learn by solving real-world case studies and learning to communicate clearly their decisions to both sophisticated and lay audiences. The primary method of instruction is the preparation, presentation, and discussion of finance cases. Each case study session will be preceded by lectures and discussion of the main theoretical concepts. The case studies considered will cover a wide range of corporate financial problems including value creation, capital budgeting, capital structure, cost of capital, and mergers and acquisitions. Throughout the course, attention will be given to the international dimensions of the issues and problems presented and discussed.

Prerequisite(s): Completion of PMBA 8040 and PMBA 8220.

PMBA 8290 Legal and Ethical Aspects of Management 3 Credits

The purpose of this course is to prepare students to meet the legal, ethical, and regulatory challenges and opportunities they will encounter as they conduct business as managers and entrepreneurs. To excel, managers and entrepreneurs must recognize that the law is important to firm success and that they must always consider the legal ramifications of their business decisions. Students will learn how to identify legal and ethical issues before they become legal problems and how to communicate and work collaboratively with legal counsel. The course begins with an overview of business ethics and social responsibility and goes on to cover the U.S. court system and the laws of contracts, torts, and intellectual property. The course covers corporate governance issues including the fiduciary duties of officers, directors, and controlling shareholders, public and private offerings of securities, and securities fraud. Environmental regulation, product quality, legal aspects of the employment relationship (as they relate to the liability of the corporation and managers for the acts of their employees), wrongful termination, discrimination, and sexual harassment will also be covered.

Prerequisite(s): Completion of MBA pre-program courses.

PMBA 8324 Financial Accounting & Report 3 Credits

Focus is on analysis and evaluation of alternative accounting methods and the relationship to company policy. Insight is gained through the reading of articles in leading accounting and financial periodicals and Internet research. Cases demonstrating financial reporting methods are assigned and discussed in class. Term project required. Topics include financial instruments, earnings per share, deferred taxes, post-retirement benefits and the accounting rule-making process.

Prerequisite(s): PMBA 8020 and PMBA 8040.

PMBA 8325 Enterprise Risk Management 3 Credits

This course explores current issues and world-class practices of risk management at an organizational level. Emphasis will be placed on the overall risk management cycle of identifying, assessing, responding and managing strategic, reputational, financial and operational risks using contemporary risk management tools.

Prerequisites: ACC 302 or PMBA 8220.

PMBA 8341 Corporate Treasury Management 3 Credits

This course is designed to provide an understanding of modern principles and techniques for corporate treasury management. The course materials are useful for finance, banking, accounting and information system professionals or small business owners. Topics include analysis of liquidity and solvency, credit and accounts receivable management, cash collection and disbursement systems, short-term investment and borrowing, management of treasury information and technology, multinational cash management, and other related topics. Success in this course will help students preparing for the Certified Cash Manager (CCM) exam. This course applies to the Finance concentration.

Prerequisite(s): Completion of PMBA 8040.

PMBA 8343 Investment Instruments and Strategies 3 Credits

Principles of investment analysis and portfolio management. Includes analysis of stocks and fixed income securities, mutual funds, international investing, margin trading and short sales, convertibles, stock options and financial futures. Hedging strategies, market forecasting and tax advantaged investments are also discussed. Makes considerable use of problems to illustrate concepts. This course applies to the Finance concentration.

Prerequisite(s): Completion of PMBA 8040.

PMBA 8345 International Financial Management 3 Credits

The techniques of multinational financial management are developed for enterprises that do business in more than one country and/or have assets and liabilities denominated in more than one currency. The management of foreign exchange and country risks is applied to working capital, capital budgeting, and capital structure decisions. This course applies to the Finance and Global Business concentrations.

Prerequisite(s): Completion of PMBA 8040.

PMBA 8346 Financial Modeling 3 Credits

Spreadsheets are utilized to analyze problems and cases. Students receive instruction in computer use beyond that available in other finance courses. Spreadsheet applications include valuation models, cost of capital, capital budgeting, risk and return, portfolio analysis, stock market analysis, and options and futures. This course applies to the Finance concentration.

Prerequisite(s): Completion of PMBA 8040.

MACC 652 Analysis of Accounting Data 3 Credits

Employs appropriate information technology and analytical techniques to pursue data collection and analysis needs commonly faced by accounting professionals. Uses cases and projects to pursue such areas of decision concern as financial statement analysis, the evaluation of audit risk and selected additional topics. MACC 654 should be taken before this course.

Prerequisite(s): completion of Preliminary Accounting requirements.