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Wednesday, January 15, 2020

MIT Sloan launches MITx MicroMasters Program in Finance

The skills and expertise required for a career in finance are in high demand across industries and the world. To address this need, MIT recently launched the MITx MicroMasters Program in Finance, an online program taught by faculty in the MIT Sloan School of Management and the Institute’s fifth MicroMasters Program to date. Available on the edX platform, the program offers recent graduates, early- to mid-stage professionals, and other individuals interested in or already pursuing a career in finance an opportunity to enhance their financial skill set or to fast-track a master’s degree in finance from MIT Sloan.

“The MITx MicroMasters Program in Finance is part of MIT’s mission to make high-quality education accessible around the world. A pioneer and leader in the field of finance, MIT Sloan is uniquely positioned to drive awareness about financial issues, increase interest, and build skills,” says David Schmittlein, the John C Head III Dean of MIT Sloan. “This program is an exciting opportunity to give learners who cannot come to campus the knowledge, models, and tools needed to advance their careers.”

The MITx MicroMasters Program in Finance includes a bundle of five online courses in finance taught by MIT Sloan faculty on the edX platform. Drawn from the STEM-based curriculum taught on campus, all five courses mirror on-campus, graduate-level MIT coursework and cover topics such as modern finance, financial accounting, mathematical methods for quantitative finance, and derivative markets. Learners will gain a comprehensive understanding of global markets and learn to apply critical financial theories, models, and frameworks across all areas of finance.

MIT Sloan Professor Leonid Kogan, who teaches in the MITx MicroMasters Program in Finance, says, “Finance can fuel progress in the way people live, the health of our world, and the integrity of our global financial systems. MIT Sloan is a robust ecosystem of finance educators, research innovators, and industry practitioners with diverse and accomplished students and alumni working at the forefront of the field to solve high-impact problems and drive progress. The MicroMasters program enables students around the world to engage in this ecosystem and learn how to make a positive difference in finance.”

Heidi Pickett, assistant dean of the Master of Finance Program, agrees. “Finance is the backbone of how economies and companies operate. It is necessary in virtually every part of the world in both the private and public sectors. This program will help meet the growing and evolving needs of finance by training professionals and helping qualified individuals to fast-track their MIT master’s degree in finance.”

Learners who complete and pass each course in the program may apply to the MIT Sloan Master of Finance Program and, upon acceptance, earn credit for the work performed online. This educational pathway allows learners to complete the master’s degree quicker, with only two terms spent on campus at MIT.

The first available course in the MITx MicroMasters Program in Finance starts April 1. To complete this course as part of the program, learners must be enrolled prior to that date.

“We are proud to launch our fifth MITx MicroMasters program for learners around the globe in collaboration with MIT Sloan,” says MIT Dean for Digital Learning Krishna Rajagopal. “MicroMasters programs unlock the potential of learners with the drive and capability to tackle MIT courses, advancing their careers without interrupting their careers.”



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