A Vote to Offer Finance-Wealth Management Degree
Rutgers Board of Governors approves creation of innovative finance-wealth management master of science degree
Dec. 7, 2021
By Jeanne Leong
The Rutgers Board of Governors unanimously voted on Tuesday to approve a master’s program in finance-wealth management at Rutgers University–Camden. The proposal for the new degree now goes to the New Jersey Presidents’ Council, which represents the state’s public, private, and community colleges and universities, for action.
Rutgers–Camden Chancellor Antonio D. Tillis lauds the Rutgers Board of Governors for realizing the great demand for highly skilled finance-wealth management experts on both a national and global scale.
“Wealth management is a uniquely qualified skillset that requires wide-ranging experience and knowledge in order to effectively advise clients,” says Chancellor Tillis.
The 30-credit Master of Science in Finance-Wealth Management (M.S.F.W.M.) degree program will include an array of topics in every aspect of the discipline – both client-facing and non-client-facing – and offer a robust balance of instruction in investor psychology, financial knowledge and financial technologies. “This program builds on, and extends, strengths in leadership, analytics and technology,” says Monica Adya, dean of the Rutgers School of Business–Camden. “The flexibility offered by this degree program supports those looking to advance quantitative skills, those seeking holistic leadership in wealth management and those desiring to customize their learning.”
The classes, led by School of Business–Camden faculty, include topics such as behavioral finance, financial technologies, financial data analytics, investment management and machine learning, conflict resolution and negotiations, digital marketing strategy and managing human capital.
David Pedersen, a Rutgers–Camden associate professor of finance, led the creation of the M.S.F.W.M. program, along with finance industry leaders who designed the degree program, and the Dean’s Leadership Council and the Finance Advisory Board.
In addition to classes, students will have experiential opportunities through corporate and community engagement projects and professional development workshops.