Program Learning Outcomes: Master of Science in Finance Management

 

Overview

The MS in Finance Management (FM) degree program enables students with undergraduate and/or graduate degrees in business to gain an in-depth and applied understanding of the complexities and functions of finance professionals in a globally competitive and rapidly changing business and economic environment. This specialized degree program is designed to address major financial issues facing multinational firms such as capital sourcing, foreign and domestic investment risk, financial performance assessment, and financial forecasting and planning. The coursework supporting this program draws heavily on actual business firms’ financial practice and experience and the distinctive differences between operating a purely domestic versus a global or international business. This program prepares students upon graduation to assume management-level positions, which require an understanding of the tools and techniques used in sophisticated financial analysis, planning and forecasting as well as current business financial functions and practice. Students graduating from this degree program are expected to have a demonstrable set of skills and knowledge that makes them very attractive employment candidates for business firms seeking new financial management-level talent.

 

MS in FM Program Learning Outcomes and Assessment

MS in Finance Management Program Learning Outcomes (PLOs) are program wide objectives that are set by Lincoln University faculty. Each PLO contributes to the achievement of one or several ILOs.

 

PLO MSFM1: Demonstrate expert-level understanding of the aspects of finance management including mathematical, statistical, financial, and economic.

 

Score of 4: Recognizes the business problems, and independently chooses appropriate concepts to describe the problem and to offer a possible solution. Utilizes knowledge in mathematics, statistics, finance and economic to solve this problem.

Score of 3: Recognizes the real-world business problems, but is seeking help to find and apply the appropriate concepts to describe the problem and to offer a possible solution. Lacks knowledge in mathematics, statistics, finance and economic to solve this problem.

Score of 2: Able to recognize the real-world business problem, but is unable to come up with a solution.

Score of 1: Unable to recognize or solve a real-world business problem.

 

PLO MSFM2: Develop knowledge of finance management including international finance, international securities, commercial banking and lending, investment science, real estate, and stock market.

 

Score of 4: Clearly identifies and summarizes latest academic theories and successfully explains why/how they are applicable to the business problems or questions. Clearly and accurately labels not only all the factual, conceptual, and value claims, but also the implications of positions and arguments.

Score of 3: Able to identify latest academic theories but fails to successfully explain why/how they are applicable to the business problems or questions. Successfully separates and labels all the factual, conceptual, and value claims, but lacks solid theoretical perspective.

Score of 2: Able to identify latest academic theories but fails to apply them.

Score of 1: Unable to identify and apply academic theories

 

PLO MSFM3: Recognize financial problems and provide creative solutions. Integrate theory and practice for strategic analysis in the field of finance management.

 

Score of 4: Able to identify, collect, summarize and use in an argument information based on classical and modern academic theories and work of other researchers. Able to plan, design, and execute a research study including applying appropriate methodology and data analysis.

Score of 3: Able to identify, collect, summarize and use in an argument information based on classical and modern academic theories and work of other researchers. However, not able to plan, design, and execute a research study including applying appropriate methodology and data analysis.

Score of 2: Able to identify, collect, summarize but not use in an argument information based on classical and modern academic theories and work of other researchers.

Score of 1: Unable to understand, design or conduct research.

 

PLO MSFM4: Design a research project and apply quantitative methods to analyze financial data.

 

Score of 4: Able to use advanced quantitative methods to analyze the data, derive conclusions, and report results. Able to communicate quantitative/statistical information to persons with limited or no knowledge in statistics.

Score of 3: Able to use advanced quantitative methods to analyze the data, derive conclusions, and report results. However, struggles to communicate quantitative/statistical information to persons with limited or no knowledge in statistics.

Score of 2: Able to use some quantitative methods to analyze the data, derive conclusions, and report results.

Score of 1: Unable to use quantitative methods to analyze the data.

 

PLO MSFM5: Communicate to relevant audiences including written and oral communication

 

Score of 4: Consistently does all or almost all of the following: Accurately interprets evidence, statements, graphics, questions, etc. Identifies the salient arguments (reasons and claims) pro and con. Thoughtfully analyzes and evaluates major alternative points of view. Draws warranted, judicious, non-fallacious conclusions. Justifies key results and procedures, explains assumptions and reasons. Fair-mindedly follows where evidence and reasons lead.

Score of 3: Does most or many of the following: Accurately interprets evidence, statements, graphics, questions, etc. Identifies relevant arguments (reasons and claims) pro and con. Offers analyses and evaluations of obvious alternative points of view. Draws warranted, non-fallacious conclusions. Justifies some results or procedures, explains reasons. Fair-mindedly follows where evidence and reasons lead.

Score of 2: Does most or many of the following: Misinterprets evidence, statements, graphics, questions, etc. Fails to identify strong, relevant counter-arguments. Ignores or superficially evaluates obvious alternative points of view. Draws unwarranted or fallacious conclusions. Justifies few results or procedures, seldom explains reasons. Regardless of the evidence or reasons, maintains or defends views based on self-interest or preconceptions.

Score of 1: Consistently does all or almost all of the following: Offers biased interpretations of evidence, statements, graphics, questions, information, or the points of view of others. Fails to identify or hastily dismisses strong, relevant counter-arguments. Ignores or superficially evaluates obvious alternative points of view. Argues using fallacious or irrelevant reasons, and unwarranted claims. Neither justifies results or procedures, nor explains reasons. Regardless of the evidence or reasons, maintains or defends views based on self-interest or preconceptions.

 

PLO MSFM6: Work effectively with a team of colleagues on diverse projects.

 

Score of 4: Acts with confidence when exercising leadership duties. Circulates a prepared agenda in advance, and balances the need for task accomplishment with the needs of individuals in the groups. Listens actively and shows understanding by paraphrasing or by acknowledging and building on others’ ideas. Shows respect to all group members. Shares information openly. Assigns tasks by seeking volunteers, delegating as needed. Gives recognition and encouragement.

Score of 3: Engages all group members and keeps the group on track by managing time, providing coaching or guidance, using humor, or resolving differences, as needed. Intervenes when tasks are not moving toward goals. Involves the group in setting challenging goals and planning for their accomplishment.

Score of 2: Shows occasional signs of insecurity about leading, or is overly confident about own leadership skills. Gives too much attention to the task or to interpersonal relations in the group, and asks for ideas and suggestions but neglects to consider them. Lets the group ramble or stray off track too much, or keeps the group so rigidly on track that relevant issues or concerns are ignored.

Score of 1: Gives an impression of reluctance or uncertainty about exercising leadership duties. Focuses exclusively on the task to be accomplished without regard for the people, or focuses exclusively on the interpersonal relations and attitudes of people in the group without regard for the task. Asks for ideas or suggestions without intending to consider them. May show favoritism to one or more group members.

 

PLO MSFM7: Identify and analyze the ethical obligations and responsibilities in the field of finance management.

 

Score of 4: Understands and recognizes the ethical responsibilities of an organization; can defend ethical decision if challenged. Capable of making business decisions based on ethical principles. Able to properly incorporate the ideas/published works of others into their own work building upon them. Able to articulate the value of information to a free and democratic society.

Score of 3: Understands and recognizes the ethical responsibilities of an organization; can defend ethical decision if challenged. Capable of making business decisions based on ethical principles. However, not able to properly incorporate the ideas/published works of others into their own work building upon them or to articulate the value of information to a free and democratic society.

Score of 2: Understands and recognizes the ethical responsibilities of an organization; can defend ethical decision if challenged. However, not capable of making business decisions based on ethical principles.

Score of 1: Not able to understand and recognize the ethical responsibilities of an organization.