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MS FINANCE PROGRAM
Financial institutions undertake the financial sector’s
mobilization of resources. Crucial to the sector’s growth is its
managerial manpower.
The effort in developing such managers had been through MBA programs that
offer elective courses in financial management. However, MBA programs
remain mainly oriented toward training generalist business managers. As
a result, substantial resources are still expended in non-formal special
training in finance.
Furthermore, the growing size and complexity of the Philippine finance
sector has created the need for a specialized degree program in finance.
In accordance with UP’s mandate to be at the forefront of learning
and advanced education, the University became convinced about the financial
services industry’s need for a master's program in finance.
In June 1995, with the strong representations from prospective students
and finance practitioners, UP finance faculty members conceptualized and
designed a master's program in finance. This proposal was later refined
by the faculty of the Department of Accounting, Finance, Economics and
Law, and by the business community. The latter group included officers
and members of the Financial Executives Institute of the Philippines (FINEX)
and the Bankers Association of the Philippines (BAP). Visiting professors
from US and Canadian universities with which UP has academic linkages
further reviewed the proposed program. All these inputs, taken together,
led to the final design of the “MS in Finance Program.”
In accordance with established processes in the University, the Program
was approved by the faculty of the College of Business Administration
(January 3, 1996), the University Council (April 15, 1996), and the Board
of Regents (April 23, 1996).
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