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  Admission Requirements

  Admission decisions are based on an undergraduate GPA, GMAT score (if needed), work experience, and other degrees.

  • A University of Detroit Mercy Graduate Application Form, with the application fee (waived for online applications);
  • Official transcripts for all previous academic work;
  • An official report with the scores earned on the GMAT (if needed);
  • A resume;
  • A letter of ; and
  • Any other information that the applicant feels is important to the admission decision.
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  Program Requirements

  The Graduate Certificate in Finance is a 15 credit-hour program.

  Required Courses

  • MBA 5210 Personal Development, Ethics, and Social Responsibility (3 credits)
  • MBA 5220 Strategic Financial Management (3 credits)
  • MBA 5420 Portfolio Management (3 credits)

  Elective Courses (2 courses required)

  • MBA 5400 Capital Budgeting Decision (3 credits)
  • MBA 5430 Risk Management (3 credits)
  • MBA 5450 Global Corporate Finance (3 credits)
  • MBA 5460 Corporate Restructuring (3 credits)
  • MBA 5465 Financial Institutions and Markets (3 credits)
  • MBA 5480 Debt, Equity and Financing Structuring (3 credits)
  • ACC 5520 Corporate Fraud Detection and Prevention (3 credits)
  • ACC 5540 Cash Crisis Management (3 credits)
  • ECN 5460 Money and Capital Markets (3 credits)

  Foundation Courses

  All students are required to show competence in Foundations of Finance and Accounting by taking MBA 5180 and ACC 5100 respectively, or an equivalent, or show prior academic preparation through their academic transcripts. Credit will be given for courses taken to fulfill this requirement but this credit will not count towards the certificate.

  • ACC 5100 Corporate Financial Accounting (3 credits)
  • MBA 5180 Fundamentals of Financial Management (3 credits)
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  Admission Status

  Guest Student Status

  Individuals currently enrolled in another AACSB accredited MBA program may obtain guest student status at University of Detroit Mercy for a limited number of courses by providing a statement of good standing from their school's dean or program director, or by applying for guest student status using a Michigan Intercollegiate Graduate School form (MIGS). The MIGS application can be obtained in the Graduate Business Programs office.

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  Program Characteristics

  Several important aspects of the Graduate Certificate in Finance should be noted. These include policies regarding grade point averages, class scheduling, and advising.

  Cumulative Grade Point Average

  Students in the Graduate Certificate in Finance are required to achieve and maintain a cumulative grade point average (GPA) of 3.0 or better (on a 4.0 scale). A 3.0 cumulative GPA is required for final completion of the program requirements.

  Academic Standing

  While an individual may be admitted into the Graduate Certificate in Finance on a regular-acceptance basis, it is possible that the individual's eventual cumulative GPA may fall below a 3.0 in any particular term. When this situation occurs, the student automatically is placed on "academic probation". This status dictates that the student's cumulative GPA must continue to improve in each consecutive term thereafter until the cumulative GPA reaches 3.0 and is then sustained at that level or higher. If, after being placed on academic probation, the student's cumulative GPA does not improve in each subsequent term, the student will be academically dismissed.

  Class Scheduling

  Classes are scheduled in the evening and on the weekend. Classes are currently offered on the McNichols Campus. Evening classes begin at 6:40 p.m., Monday through Thursday for Term I and Term II. Terms are 15 weeks in length. Each summer session is seven weeks in length. Summer I commences in early May. Summer II begins in late June.

  Full-Time and Part-Time Student Status

  An individual may undertake the Graduate Certificate in Finance on a part-time basis. Full-time student status usually involves a nine or above credit-hour course load in Terms I and II. Part-time student status usually entails a 1-8.5 credit hour load in Terms I and II.

  Residence and Time Requirements

  Students who have not completed their required certificate program within two years may be subject to re-evaluation and additional coursework. Students not enrolled for more than four consecutive terms will be required to re-apply for admission.

  International Students

  International students should consult with the International Services office.

  Advising

  The director of Graduate Business Programs serves as general academic advisor for all students entering the Graduate Certificate in Finance program. When appropriate, specific advising matters may be referred to the advisor in a particular academic discipline.

  Student Responsibilities

  Students in the College of Business Administration are responsible and accountable for knowledge of the requirements and procedures set forth by the College and University. Administrators, advisors, and faculty are available to assist students by explaining the various requirements and procedures for each program. However, the ultimate responsibility for compliance rests with the student.

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  MBA with Certificate

  MBA students may use their three MBA electives to focus in finance. In order to receive the Graduate Certificate in Finance, two (2) additional finance elective courses are required beyond the MBA degree requirements, totaling five (5) courses. For details, a student should consult with the director of Graduate Business Programs.

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  Program Contact Information

  Graduate Admissions Counselor: Theresa Carson

  • Telephone: 313-993-3309 or 800-635-5020
  • Fax: 313- 993-1673
  • Email: carsonta@udmercy.edu

  
  

  Director of Graduate Business Programs: Wonseok Choi, Ph.D.

  • Telephone: 313-993-3356
  • Fax: 313-993-1673
  • Email: choiwo1@udmercy.edu

  
  

  Coordinator of Student Services: Carrol Parris

  • Telephone: 313-993-1203
  • Fax: 313-993-1673
  • Email: parriscl@udmercy.edu