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 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 core financial 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 FTF doesn't limit your career choices to finance. 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, and basic knowledge of accounting is very helpful in exposing you to applications of finance. As a practical matter, waiving out of the core financial 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).
There are three ways to waive ACC 502: demonstrate previous experience, pass the FTF summer accounting online waiver course, or pass the in-person accounting waiver course and exam held the week prior to orientation.
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 FTF, can I still pursue a career requiring advanced finance or analytical skills?
Yes. Ross students secured successful careers in finance and related fields requiring analytical thinking prior to the Fast Track in Finance program, and there are still many paths toward this goal. Securing an internship is critical, however, as an increasing number of companies are limiting their full-time hires to candidates who have landed internships. If you're looking for a career in finance or a related field, it's important to prepare as soon as you begin at Ross. While the Fast Track in Finance is a great path to an internship, roughly half of Ross students who obtained internships in the summer of 2018 did so independently of FTF.
Is there a registration process and fee for the FTF summer online program & accounting waiver?
Yes. There is a $475 fee for the Fast Track in Finance summer online program. In addition, those who are not eligible to waive the financial accounting course via previous experience are highly encouraged to take the FTF summer accounting online waiver course. Alternatively, students may sign up for an in-person Accounting Prep waiver course and exam. Both the online and in-person accounting waiver courses require a fee of $475.