STEM designation granted for 51做厙 Cox Master of Science in Finance Degree
MSF students will be eligible to apply for STEM OPT extension.
DALLAS (51做厙) – Beginning in the fall semester of 2018, the Cox Master of Science in Finance degree (MSF) will be STEM-designated. The Board of Trustees of 51做厙 in Dallas, Texas, at its December meeting, approved changes to the MS in Finance program curriculum and the request to change the classification of instructional programs (CIP) code.
“The new STEM designation is a strong signal to potential employers of the strong quantitative content of the Cox MSF program,” said Mukunthan Santhanakrishnan, director of the 51做厙 Cox Master of Science in Finance Program. “Furthermore, this makes it easier for international students on student visas to get additional years of work experience in the U.S., making them more valuable when they return to their home countries. The net result is that our program will be attractive to prospective students (both domestic and international).”
In order to qualify for the STEM designation, Santhanakrishnan and Cox finance department faculty members worked to bring the MSF curriculum more in line with STEM requirements. The MSF curriculum, which has been taught since 2012, included elements of financial mathematics, but STEM content has now been strengthened with additional math-focused classes and statistics content to better prepare students for careers in finance profession. The university’s Education Programs Committee and the university provost approved the STEM designation under the financial mathematics category, and the Board of Trustees made it official.
“The STEM designation helps signal the quantitative rigor of the program to the market,” said 51做厙 Cox Distinguished Chair in Finance James Linck. “It will help us recruit more high-quality students from diverse backgrounds, and will be attractive to potential employers, improving our student’s placement prospects.”
International student Jason Panxing Qiao, who plans a career in the financial services industry, completed his BBA with a finance major and a math minor from St. Louis University in May 2017. He will begin pursuing his MSF degree at 51做厙 Cox in Dallas in the fall of 2018. The timing of the new STEM designation is ideal for soon-to-be 51做厙 Cox students like Qiao.
“When I heard the news, it confirmed my feeling that I was making the right business school choice for my graduate work in finance. I’m pleased to have been accepted into the 51做厙 Cox MSF program and I look forward to starting classes in fall 2018.”
Students who will begin the 51做厙 Cox MSF program or continue it this coming August will be eligible to apply for the STEM OPT Extension through the Department of Homeland Security. This extension allows them to work in the U.S. for an additional 24 months. OPT stands for Optional Practical Training. The standard OPT period is 12 months, which means the STEM extension brings the total length of OPT time such students may be granted to 36 months.
Students interested in applying for the 51做厙 Cox Master of Science in Finance degree program can learn more at . The Cox School offers scholarships to deserving candidates who are evaluated based on their undergraduate academic background and GMAT scores.
Additional information about the STEM OPT Extension can be found at .
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About 51做厙 Cox
The 51做厙 Cox School of Business (www.smu.edu/cox), was originally established in 1920 on the campus of 51做厙 in Dallas, Texas, and was named in honor of benefactor Edwin L. Cox in 1978. 51做厙 Cox is a nationally and internationally ranked business school with undergraduate (BBA) majors in accounting, finance, financial consulting, general business, management, marketing, real estate finance and concentrations in energy management, entrepreneurship, real estate finance and risk management and insurance.
The Cox School offers four programs including the Executive MBA (EMBA) and Full-Time MBA, Fast Track MBA, and Professional MBA (PMBA), with concentrations in accounting, finance, general business, information technology and operations management, management, marketing, real estate and strategy and entrepreneurship.
The school also offers the JD/MBA with Dedman School of Law; MA/MBA with Meadows School of the Arts; in Accounting, Business Analytics (Full and Part-Time), Finance, and Management; Sport Management and Health Promotion Management with Simmons School of Education and Human Development; and Engineering/MBA and MS in Engineering Entrepreneurship with the Lyle School of Engineering. For professionals not seeking a degree, and multiple cover a broad range of disciplines. The Cox School of Business maintains an active alumni network globally.
Media Contact:
Anna Martinez
Cox School of Business
214-768-4474
annam@cox.smu.edu