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The two-semester Master of Science in Wealth Management (MSWM) program emphasizes asset allocation and investment selection to construct investment portfolios for individuals, institutions, and businesses. This program equips students for careers in asset and wealth management, endowment management, equity research, fixed income, derivatives, hedge funds, mutual funds, and pension funds.
The MSWM degree requires the completion of 30 credits, including 18 required credits and 12 elective credits.
Orientation Programs
All Specialized Master’s Programs students kick off their degrees with a multipronged orientation program designed to prepare them for academic, personal and professional success.
Students will participate in various online and in-person orientation activities prior to beginning their fall semester at Olin. SMP Start is a set of online modules that introduce students to the ins and outs of Washington University including policies and procedures, health and wellness, leadership opportunities, and more. SMP Orientation Week includes workshops, events, and cohort overviews including introductions to faculty and advisors. This week is set up to help students with their final preparations before the start of their first semester. Orientation includes career sessions, which serve as catalysts for students to help them get started in their career search. These programs are packed with opportunities for students to bond with their program cohort and to connect with their peers in all of the Specialized Master's Programs.
Students new to the United States may have the opportunity to participate in SMP GO, during which they will acclimate to the Olin Business School culture and strengthen their English and business communication skills.
Simultaneously, students will complete optional online, asynchronous foundation courses to bolster their background and maximize their academic preparation before the start of their degree program.
Required Courses
Students must complete the following courses:
| Code | Title | Units |
|---|---|---|
| ACCT 5030 | Business Analysis Using Financial Statements | 1.5 |
| FIN 5240 | Options and Futures | 1.5 |
| FIN 5250 | Fixed Income Securities | 1.5 |
| FIN 5270 | Financial Markets and Institutions | 1.5 |
| FIN 5280 | Investments Praxis | 3 |
| FIN 5320 | Investment Theory | 1.5 |
| FIN 5340 | Advanced Corporate Finance I - Valuation | 1.5 |
| FIN 5501 | Legal, Compliance and Taxation Aspects of Wealth Management | 1.5 |
| FIN 5502 | Wealth Management - Practice | 1.5 |
| FIN 5505 | Behavioral Finance | 1.5 |
| FIN 5115 | Wealth Management Tools and Ethics | 1.5 |
Elective Courses
Students must choose four or more of the following elective courses:
| Code | Title | Units |
|---|---|---|
| FIN 5023 | Venture Capital Methods | 1.5 |
| FIN 5025 | Private Equity - Methods | 1.5 |
| FIN 5315 | ESG Investing | 1.5 |
| FIN 5331 | Financial Technology for Managers: Oversight, Cybersecurity and Regulation | 1.5 |
| FIN 5400 | Real Estate Finance | 1.5 |
| FIN 5503 | Endowments, Foundations and Philanthropy | 1.5 |
| FIN 5504 | Hedge Fund Strategies | 1.5 |
Other Electives
MSWM students must complete 12 total credits of electives. In addition to elective courses listed above, additional approved elective courses are listed here:
| Code | Title | Units |
|---|---|---|
| ACCT 5031 | Advanced Business Analysis Using Financial Statements | 1.5 |
| ACCT 5670 | Taxation of Individuals | 3 |
| FIN 5024 | Venture Capital Practice | 1.5 |
| FIN 5026 | Private Equity - Practice | 1.5 |
| FIN 5232 | Mergers & Acquisitions | 1.5 |
| FIN 5241 | Derivative Securities | 1.5 |
| FIN 5300 | International Finance | 1.5 |
| FIN 5341 | Advanced Corporate Finance II - Financing | 1.5 |
| FIN 5550 | Risk Management and Insurance | 1.5 |
| FIN 5575 | Introduction to Blockchain and Cryptocurrencies | 1.5 |
| MGT 5600 | Professional Business Communication | 1.5 |
| MKT 5760 | Understanding and Influencing Consumer Behavior | 1.5 |