Presented to the Mānoa Faculty Senate by the Committee on Academic Policy and Planning (CAPP) for a vote of the full Senate on November 14, 2018, a resolution supporting the proposal for a Master of Science in Finance. Approved by the Mānoa Faculty Senate on November 14, 2018 with 47 votes in support of approval; 0 votes against; and 1 abstention.
RESOLUTION SUPPORTING THE PROPOSAL FOR A MASTER OF SCIENCE IN FINANCE
WHEREAS, the financial industry has become increasingly complex and requires systematic and in-depth training in financial theory and practice beyond what is possible during undergraduate study; and
WHEREAS, the financial industry is one of the largest industries in the State of Hawaii and has been growing rapidly; and
WHEREAS, the curriculum in the program has been aligned with the Hawaii Graduation Initiative goals and strategies to increase educational capital and align curricula with community and workforce needs and the University of Hawaii Innovation Initiative goal to diversify Hawaii’s economy; and
WHEREAS, the Master of Science in Finance (MSF) is a full-time, one-year, non-thesis, Plan B graduate degree program requiring 30 credits; and
WHEREAS, this program will help students to obtain the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), and/or the Certified Financial Planner (CFP) certifications that are important standards in the financial industry in order to significantly broaden career opportunities and earning potential for graduates; and
WHEREAS, the MSF program will build on the strengths of the Shidler College of Business but distinguish itself from the traditional MBA program due to its shorter length, more specific focus, and openness to applicants with undergraduate degrees but no work experience; and
WHEREAS, there are no additional costs for this program; therefore,
BE IT RESOLVED, that the Mānoa Faculty Senate recommends approval of the proposal to establish a Master of Science in Finance degree program.
Supporting document:
Proposal for a Master of Science in Finance (MSF)