Fast Track in Finance FAQs
What is Fast Track in Finance?
Fast Track in Finance is a Ross initiative designed for MBA students interested in a broad set of careers requiring analytical skills and financial acumen. The primary focus is on fundamental skills required in fields such as business development, consulting and strategy, corporate finance, investment banking, investment management, private equity, and high tech. The goal is to prepare you for summer internship positions at the end of your first year through an accelerated sequence of courses.
Is Fast Track in Finance right for me if I don't have a background in finance?
The renowned financial economist Fischer Black had no formal training in either economics or finance. As long as you have the interest and determination to improve your analytical and financial skills, you are encouraged to sign up for the preparatory work over the summer to assess your readiness to take the accelerated finance core course during the fall A term. You also have to waive the introductory accounting course. Even if you end up taking the non-accelerated curriculum, the preparatory work sets a good foundation for your other coursework.
Is Fast Track in Finance right for me even though I don't plan to pursue a finance career?
Your participation in the fast track doesn't limit your career choices to finance only. While your experience in the fast track may help you lean in favor of a field related to finance, this program is designed for students interested in a broad set of careers that require analytical and financial skills. Also keep in mind that many graduates pursue a field that is different from the anticipated career path before they start the MBA program. Finally, two tracks within the FTF program will create an opportunity for you to either directly take FIN 615 in Fall A or take FIN 513 in Fall A followed by FIN 615 in Fall B.
Why do I have to waive out of the core accounting course?
Accounting is the language of business. Basic knowledge of accounting is very helpful in exposing you to applications of finance, and taking the accounting waiver preparatory course over the summer, if needed (i.e. if ACC 502 is not waived based on previous coursework or professional designation), is beneficial. As a practical matter, waiving out of the core accounting course (ACC 502) creates space during the fall A term of the first-year curriculum for Fast Track students to take the accelerated finance core course (FIN 513, track 1) or enroll in FIN 615 (track 2).
Why do I have to do preparatory work over the summer?
The preparatory work over the summer serves as a boot camp to help you either demonstrate that you are ready to waive the core finance course and take FIN 615 directly (track 2) or bridge the gap between your existing financial knowledge and the minimum required to ensure effective learning in the accelerated finance core course (FIN 513) (track 1) during the fall A term.
What courses are offered in Fast Track in Finance?
If I don't enroll in Fast Track in Finance, can I still pursue a career in finance?
Yes. Ross students have secured jobs and established successful careers in finance prior to the establishment of the Fast Track in Finance, and there are many paths towards this goal. Recently, it has been more common for companies to limit full-time hiring to those candidates who have secured internships. In light of this trend, it is more important for students interested in finance-related careers to prepare themselves as soon as they begin at Ross. Fast Track in Finance is one of those ways. That said, among students who obtained internships in the summer of 2015, roughly half of them were not part of the FTF program.