MBA in Finance

Request More Information

MBA with a Concentration in Finance Program Overview

Our AACSB-accredited online Master of Business Administration with a concentration in finance is a 33- to 42-credit program that provides highly marketable operational knowledge and leadership skills with an in-depth focus on financial management.

Our MBA with a concentration in finance helps you master strategic thinking and management skills that can be seamlessly applied to real-world scenarios. Through the course of this comprehensive program, you’ll gain a deep understanding of the interpretation and application of multiple areas of investment, economics, and accounting.

Designed to allow working professionals to complete the program at their own pace, our online MBA with a concentration in finance can be completed in as little as four semesters. Each online course is taught by the same doctoral-level business professionals who teach on campus.

Careers for MBA in Finance Graduates

UT Permian Basin’s online program will prepare you for advancement in a wide variety of corporate careers, including:

  • Financial Analyst
  • Financial Planner
  • Financial Manager
  • Policy Director
  • Budget Analyst
  • Auditor
  • Business Development Director
  • Planning Analyst
Preparation Courses

Upon admission (regular and conditional), students will be evaluated for statistical literacy. Students who need additional skills in this area are referred to BUSI2342 until literacy requirement is fulfilled. Statistical literacy (BUSI2342) must be remedied in the first semester in which the student is accepted into the MBA program and must be taken before the student enrolls in ACCT 6301, BUSI 6302, FINA 6321, FINA 6320, MNGT 6366, or electives in accounting, finance, management, or marketing.

Courses
Duration
Credits
BUSI 2342 - Principles of Statistics
8 weeks
3
The course is an introduction to the principles of statistics and their application to problems in business and economics. Topics include the basics of probability theory, descriptive statistics, sampling methods, statistical estimation, hypothesis testing, and the basics of linear regression.
Prerequisites: MATH 1324 - Applications of Discrete Mathematics
Semesters Offered: N/A
Core Courses

12 Credit Hours

Courses
Duration
Credits
ACCT 6301 - Accounting Analysis
8 weeks
3
A foundation in the fundamentals of financial and managerial accounting information designed for the planning, assessment, and control of business entities. Emphasizes the use of information for decision-making.
Prerequisites: N/A
Semesters Offered: Spring A 2022 Summer A 2022
FINA 6320 - Financial Management
8 weeks
3
Survey of foundational concepts in finance; in particular, discounted cash flow analysis and its applications to valuation of bonds, stocks, and corporate capital assets. Introduction to the following topics: bond and stock markets; pricing mechanisms in those markets; relationship between risk and return; capital budgeting methods based on discounted cash flow valuation.
Prerequisites: ACCT 6301 - Accounting Analysis
Semesters Offered: Spring A 2022 Summer A 2022
MNGT 6360 - Organizational Behavior
8 weeks
3
The systematic study of individual, team, and structural characteristics that influence behavior within organizations. Cross-cultural applications are discussed.
Prerequisites: N/A
Semesters Offered: Fall B 2021 Spring B 2022 Summer B 2022
MRKT 6310 - Marketing Management
8 weeks
3
An analysis of the customer/market relationships with the company in an open market system characterized by the presence of strong competition within a very fluid business environment. Managerial decision making with this matrix will be stressed.
Prerequisites: N/A
Semesters Offered: Fall B 2021 Spring A 2022 Summer A 2022
Courses Beyond Core

21 Credit Hours

Courses
Duration
Credits
MNGT 6320 - Production & Operation Management
8 weeks
3
The role of the operations management function within the context of an organization, be it public or private, profit or nonprofit, manufacturing or service. The course emphasizes the application of concepts of in process analysis, material management, and quality management. Both quantitative and behavioral perspectives are presented.
Prerequisites: N/A
Semesters Offered: Spring A 2022 Summer A 2022
ACCT 6311 - Information Systems Management
8 weeks
3
Methods and problem resolution in developing and managing company-wide information systems.
Prerequisites: N/A
Semesters Offered: Fall B 2021 Spring B 2022 Summer B 2022
MNGT 6301 - Legal Environment of Business
8 weeks
3
A foundation in the role of law in our system of business and commerce both facilitating and constraining business decision-making. In addition, this course will introduce the operation of legal institutions and the fundamentals of legal reasoning.
Prerequisites: N/A
Semesters Offered: Spring A 2022 Summer A 2022
FINA 6321 - Corporate Finance & Strategy
8 weeks
3
Foundational concepts of modern corporate finance. Course topics include capital budgeting and long-term financing, capital budgeting concerns, and application of valuation methods to long-term investment decisions by the company. Long-term financing concerns and how the firm will raise funds to pay for its investments in capital projects is also explored. Other key topics include capital structure of the firm, managerial incentives and corporate control, and financial risk management.
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Fall B 2021 Spring B 2022 Summer B 2022
MNGT 6366 - Strategic Management
8 weeks
3
Opportunity for development and implementation of knowledge from multiple disciplines and integration of viewpoints of different functions of an organization. Case evaluation and discussion are stressed.
Prerequisites: ACCT 6301 - Accounting Analysis FINA 6320 - Financial Management MNGT 6360 - Organizational Behavior MRKT 6310 - Marketing Management
Semesters Offered: Fall B 2021 Spring B 2022 Summer B 2022
BUSI 6302 - Business Analytics
8 weeks
3
This course introduces the practical and advanced data analytics for all business majors. The course covers topics of script programming, data/statistical analysis, and data visualization. Students will practice data analytic methods and use related software to solve real-world business questions.
Prerequisites: N/A
Semesters Offered: Spring A 2022
BUSI 6325 - International Business
8 weeks
3
The course investigates government and businesses across borders and the dynamics between countries/regions, including country profiles, national economic policies, regional integration, trade, law, and foreign direct investment. This course is macro in nature and focuses on international business and its overriding theories, and how to apply them in management decisions. Cross-listed with MRKT 6301.
Prerequisites: N/A
Semesters Offered: Spring A 2022 Summer A 2022
Finance Elective Courses
Courses
Duration
Credits
FINA 6325 - Financial Derivatives I
8 weeks
3
Introduction to futures and forward contracts and their markets, including how these derivatives are created and traded. The course covers how businesses can use these contracts to hedge risk. Students are introduced to the principles of valuation and pricing for these securities and the mathematical models that apply. Swaps may be covered if time permits.
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Spring B 2022
FINA 6327 - Investments
16 weeks
3
Introductory course in investments. Topics include lessons from the history of financial markets, focusing on stock and bond markets; basic principles of stock and bond valuation; introduction to metrics for measuring market performance; introduction to diversification, market efficiency, and portfolio construction within this framework; and the economic and monetary environment in which security markets function.
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Whole Fall 2021
FINA 6330 - International Finance
8 weeks
3
A comprehensive study of international financial markets that covers currency exchange mechanisms in theory and practice, including international monetary systems, offshore financial markets, and currency risk management.
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Summer B 2022
FINA 6331 - Energy Finance
8 weeks
3
This course introduces students to the principle concepts and application in energy finance. Topics include: fundamental of petroleum and value chain, oil and gas financial statement analysis, financing energy companies and projects, O&G database application, and energy risk management using derivative instruments. Students will complete energy projects incorporating major components of the course to tackle real-world problems.
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Spring B 2022
FINA 6335 - Energy Investment and Risk Management
8 weeks
3
New offering, course details to be added soon. Please reach out to an MBA faculty member for more information.
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Summer A 2022

Admission Requirements

Waived GRE and GMAT 

Requirements for graduate entrance exams (GRE, GMAT) are temporarily waived for graduate applicants. This waiver will apply through Spring 2022. 

Regular Admission Requirements

  • Bachelor’s degree from an accredited college or university 
  • GPA of at least 3.0 in the last 60 hours leading towards a bachelor’s degree
  • GMAT scores at average percentile or better*
    • Entrance score: ES = (GPA X 200) + (GMAT): above 1120
  • Official transcripts

Conditional Admission Requirements

  • Bachelor’s degree from an accredited college or university
  • GPA between 2.5 and 3.0 in the last 60 credit hours leading towards a bachelor’s degree
  • GMAT scores at average percentile or better*
    • Entrance score: ES = (GPA X 200) + (GMAT): above 1120
  • Other evidence (at least one of the following):
    • Two letters of recommendation
    • Professional experience and/or awards
  • Official transcripts

*GMAT requirement may be waived for applicants with a cumulative undergraduate GPA of 3.25 and above or a GPA of 3.25 and above in the last 60 hours of their undergraduate degree from an accredited university. Students who are granted the GMAT waiver may be required to submit two letters of recommendation, at least one of which must be from an immediate supervisor or instructor that can testify to the applicant’s professional experience.

Official Transcripts

Copies of official transcripts must come directly from the school in a sealed envelope and can be mailed to: 

UT Permian Basin
Office of Admissions
4901 E. University Blvd.
Odessa, TX 79762

Official transcripts in electronic format can be sent to admissions@utpb.edu.

Supporting Documents

All supporting documents related to a graduate program, such as letters of recommendation, essays, statements of interest, resumes, professional work experience, and awards should be sent to the Graduate Studies Office:

UT Permian Basin
Graduate Studies
4901 E. University Blvd.
Odessa, TX 79762-0001

Electronic versions of supporting documents may be emailed to gradstudies@utpb.edu. 

Waiver Policy

If you have an undergraduate degree in business, you may be able to complete the program with as few as 33 credit hours. If your undergraduate degree is not in business, you will have to complete all 42 credit hours.

Application Fee

The application fee is $40.

Faculty Bios

Associate Professor of Finance
PhD, University of Texas at Arlington
MS, Texas Tech University
gormus_a@utpb.edu

Alper Gormus, PhD, is an associate professor of finance, chair of accounting, finance, and economics, finance and energy programs coordinator, and Jack D. Ladd coordinator. He graduated from The University of Texas at Arlington in 2012 with his PhD and joined UTPB in the fall of 2020. Prior to his start at UTPB, he worked as faculty, teaching classes at The University of Texas at Arlington and Texas A&M University. His research interests include energy and oil markets and emerging prices in markets. His work has been published in Emerging Markets Finance and Trade, Energy Economics, and Economic Letters. Dr. Gormus will be teaching the following classes within the finance undergraduate program and the MBA program: Principles of Finance, Principles of Real Estate, Financial Management, and Investments.

“I strongly believe student success to be the driving factor for all we do, and must do, in academia. In terms of how I contribute, combining my industry experience with academics has always served me well in the classroom. While I have worked in numerous projects across many areas in finance and economics, a large portion of my research has been in energy investments. I was fortunate enough to publish my research in some of the top academic journals in the field.”

Associate Professor of Finance
PhD, University of North Texas
MA, University of Texas at Austin
haensly_p@utpb.edu

Paul Haensly, PhD, is an associate professor of finance within the College of Business at The University of Texas Permian Basin. He graduated with a PhD in finance from the University of North Texas in 1994 and joined UTPB in 1997. Prior to teaching at UTPB, he served as an adjunct, lecturer, and visiting assistant professor in multiple universities in Dallas from 1993-1997. His research interests include price behavior, acceptance rates, and financial strategies, and his work has been published in the Journal of Finance Management and Analysis, Journal of Asset Management, and Quarterly Journal of Business and Economics. Dr. Haensly currently teaches the following classes within the finance undergraduate program and the MBA in finance program: Options and Futures, Investments, and Financial Management.

“I teach a variety of finance courses at UTPB. My research interests are primarily in investments and financial markets. I went back to get a PhD in finance because a friend of mine (a finance professor at University of North Texas at the time) persuaded me that my math skills would give me a leg up when doing research in finance.”

Associate Professor of Finance
PhD, Kent State University
MS, Kent State University
MBA, Kent State University
MComm, Bangalore University
pai_p@utpb.edu

Prakash Pai, PhD, is an associate professor of finance at The University of Texas Permian Basin. He started in the role of assistant professor of finance in 2003. He earned a doctor of philosophy in 2004 from Kent State UniversityDr. Pai has published papers in the Financial Services Review, Insights to a Changing World, Journal of International Finance Studies, Journal of International Finance and Economics, and the International Journal of Business ResearchHe has presented at the Financial Management Association International Annual Meeting, the International Academy of Business and Economics, Financial Management Association, the Academy of Business Research, and the Academy of International Business and Economics. His professional certifications include International Banking Operations Certificate, Banking Diploma, and a Certified Association of the Indian Institution of Bankers.

Professor of Marketing
Director of Graduate Programs, College of Business, UT Permian Basin
saran_a@utpb.edu

Anshu Saran, PhD, is a professor of marketing within the College of Business at The University of Texas Permian Basin. Graduating with his PhD from The University of Texas – Pan American, he joined UTPB in the fall of 2006. Prior to this, he served as faculty and taught at the APS University Rewa, Amity Business School Noida, and The University of Texas – Pan American. His research includes competing in the global marketplace, marketing strategies, social media ad marketing, and cultural differences in international business and marketing. His work has been published in the International Journal of Business Research, Journal of International Business Research, and Journal of Global Marketing. Accumulating work experience for 12 years in different parts of the world, he served as chief operating officer for Tata International Ltd. along with other accolades in India. Dr. Saran currently teaches the following classes within the MBA program: International Business (on-campus and online) and Marketing Strategy.

“My research interests and experience in international business and marketing have supported my academic endeavors and helped me incorporate industry examples in the curriculum, creating value for students and supporting their job and career progression.”

We’re pleased to offer program admission on a rolling basis.

Rolling admission refers to our process of accepting and evaluating applications as we receive them and moving any applications that miss the deadline to the next semester. However, if you want to enroll in courses for a specific semester, you will need to make note of the application deadlines found below. If you don’t complete your application and submit the required materials by the deadline, your application will be rolled over to the next semester. 

LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Fall A8/23/2110/15/218/9/218/16/214/1/218/25/218/20/219/24/21
Fall B10/18/2112/10/2110/4/2110/11/214/1/2110/18/2110/15/2111/19/21
LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Spring A1/10/223/4/2212/17/211/3/2211/1/211/12/221/7/222/11/22
Spring B3/14/225/6/222/28/223/7/2211/1/213/16/223/11/224/15/22
LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Summer A5/9/226/24/224/25/225/2/224/1/225/11/225/6/226/10/22
Summer B6/27/228/11/226/13/226/20/224/1/226/29/226/24/227/29/22
CONNECT WITH US