TORONTO, April 17 /CNW/ - A new graduate degree for Finance professionals
has been successfully launched by the University of Toronto's Rotman School of
Management. The Master of Finance is a 20-month, five-term program that will
provide a mix of theoretical and applied finance courses at the highest
academic levels to professionals currently working in the Finance industry.
Interest is running high in the program and the first class starting in
September 2007 is expected to be full, with students representing all aspects
of the Finance industry.
The establishment of the program has been warmly received by the finance
industry in Toronto. "The Master of Finance degree will provide a major career
boost to anyone who is serious about advancing in the competitive global
financial sector," says Marlene Puffer, Managing Director, Twist Financial
"The program fulfills a need for specialized financial training that is
not currently being provided in Toronto. Similar programs have been offered
for years by universities in most of the world's financial centres such as
London and New York," says program co-director Prof. Jan Mahrt-Smith, who
previously taught in the Master of Finance program at London Business School.
"Recent published studies have expressed concerns about a forthcoming talent
shortage in Toronto's finance industry and we believe that this program will
develop the finance industry leaders needed in the future."
"By learning about the 'business of finance' as opposed to just
quantitative skills, Master of Finance students are being prepared to move
quickly into leadership positions. Their ability to understand and develop
advanced financial models and strategies, and at the same time communicate
with clients about real world business needs, makes them superb candidates for
the top finance positions in any institution," says program co-director Prof.
John Hull, who also holds the Maple Financial Group Chair in Derivatives and
An exciting feature of the program is a portfolio management project
spanning both years of the program. Utilizing the resources of the Rotman
School's unique Financial Research and Trading Lab, students will develop an
investment strategy to meet client objectives and then implement that
"Usually these types of projects last only a few months. Being able to
run the project over the length of an academic program makes it a particularly
effective learning experience," says project coordinator Prof. Eric Kirzner,
who also holds the John H. Watson Chair in Value Investing. While fund
management is one aspect of the Master of Finance program, other areas of
emphasis include corporate finance and M&A, derivatives and financial
engineering, fixed income markets, risk management, as well as leadership and
other business skills.
Classes will held on Wednesday evenings and during the day on alternate
Saturdays, allowing students to develop their skills while working full time.
Graduates of the Rotman Master of Finance program will to work in areas such
as investment banking, commercial banking, fund management, trading and risk
management, and corporate finance. Complete program information, including
application details, is available online at: www.rotman.utoronto.ca/MFin.
With a wide range of options, the Rotman School has a program to fit any
schedule. Currently the Rotman School offers a Two-Year MBA Program, which
admits 270 full-time students per year from over 25 different countries. The
Three-Year MBA Program enrolls up to 65 working professionals each year in
each of the Evening and Morning cohorts, who pursue their studies on a part
time basis. There are also two Executive MBA programs, including the One-Year
MBA for Executives program and the Omnium Global Executive MBA, which offers
classes in seven key centres of international business on four continents over
The University of Toronto's Joseph L. Rotman School of Management has set
out to become one of the world's top tier business schools. Located in North
America's 3rd largest financial centre, the Rotman School is taking an
innovative approach to management education, built around Integrative
Thinking(TM) and Business Design(TM). For more information and to find out why
the Financial Times and BusinessWeek rank Rotman among the leading business
schools internationally, visit www.rotman.utoronto.ca.
Integrative Thinking and Business Design are registered trademarks of the
Rotman School of Management.
For further information:
For further information: Ken McGuffin, Manager, Media Relations, Rotman
School of Management, University of Toronto, Voice: (416) 946-3818, E-mail: