The Master of Science in Aviation Finance degree gives students knowledge about operations, along with the portfolio of expertise and skills they need to manage the financial risk, monetary policies, and economic strategies used by commercial firms and regulators in the global air transportation industry.
Graduates are prepared to enter the international banking, energy, finance, leasing, aviation, and aerospace industries.
About Aviation Finance at the Daytona Beach, FL Campus
This degree offering is for those students wishing to pursue a dedicated curriculum in the field of aviation finance. The courses in the program deliver the required knowledge of the business and operational aspects of the aviation/aerospace industry while presenting the needed classes in economics, accounting, and financial practices and models used by firms not just in the aviation industry but business across the globe.
A typical first year will include aviation management core courses such as Strategic Marketing Management in Aviation and Accounting for Decision Making, plus required finance classes like Managerial Finance and Investments.
Requirements and Courses
This degree offering is for those students wishing to pursue a dedicated curriculum in the field of aviation finance. The courses in the program deliver the required knowledge of the business and operational aspects of the aviation/aerospace industry while presenting the needed classes in economics, accounting, and financial practices and models used by firms not just in the aviation industry but business across the globe.
The target for the degree would be students who completed an undergraduate degree in business, accounting, finance or economics, or related transportation fields of a study looking for a rewarding and challenging career in the aviation/aerospace industries. Students from other majors may be accepted into the program, but would first need to successfully complete 15 hours of undergraduate classes in economics, accounting, finance, and business statistics before commencing graduate-level classes. Furthermore, for entry into the program, besides needing to meet current ERAU graduate admission requirements, students would be required to take the GRE exam to complete entry requirements.
In order to earn the ISTAT U certificate, students must complete the following courses:
FIN 623 Aircraft Funding Legal and Financial Analysis Spring
FIN 624 Aircraft Transaction and Risk Modeling Fall
Required Core
ACC 517 Accounting for Decision Making
BA 523 Advanced Aviation Economics
FIN 518
FIN 615 Investments
FIN 618 Advanced Corporate Finance
FIN 620 Air Transport Economic Modeling
Optional Electives (choose 4 courses)
BA 514 Strategic Marketing Management in Aviation
BA 609 Airline Operations and Management
FIN 621 International Aviation Finance
FIN 622 Aircraft and Airline Financing
FIN 623 Aircraft Funding Legal and Financial Analysis *
FIN 624 Aircraft Transaction and Risk Modeling *
Concluding Degree Requirement
FIN 699 Special Topics in Finance or
FIN 696 Graduate Internship in Finance
*In order to earn the ISTAT U certificate, students must complete both FIN 623 & FIN 624
