M.S. in Aviation Finance

student sitting in the college of business atrium

At the Daytona Beach Campus, the Master of Science in Aviation Finance is housed in the David B. O'Maley College of Business. The program focuses on the financial aspects of aviation, including the business and operational components of the aviation and aerospace industry, as well as economics, accounting, and financial practices and models used in the aviation industry. The program includes study of financial analysis and decision-making in international markets. A typical first year includes aviation management core courses such as Strategic Marketing Management in Aviation and Accounting for Decision-Making, along with required finance courses such as Managerial Finance and Investments. Students select four courses from a list of open electives and may pursue the ISTAT University and NAFA certificates within the degree.

Program-Level Student Learning Outcomes

Students will:

  • Demonstrate manager-level knowledge in aviation finance, accounting, and economics.
  • Use appropriate qualitative and/or quantitative techniques to solve and defend reasoned solutions to business problems.
  • Analyze the business ethical environment and apply ethical reasoning.

Daytona Beach Program Requirements

Core Requirements18
Capstone/Concluding Degree Requirement3
Electives12
Total Credits33

Core Requirements

ACCT 517Accounting for Decision Making3
ECON 523Advanced Aviation Economics3
FINE 520Managerial Finance3
FINE 615Investments3
FINE 618Advanced Corporate Finance3
ECON 620Air Transport Econometric Modeling3
Total Credits18

Capstone/Concluding Degree Requirement

FINE 699Special Topics in Finance3
or FINE 696 Graduate Internship in Finance
Total Credits3

Electives

Students select four courses from the list below and may pursue the ISTAT University and NAFA certifications with the degree.

Choose Four of the Following:12
Strategic Marketing Management in Aviation
Airline Operations and Management
International Aviation Finance
Aircraft Funding Legal and Financial Analysis (Required for ISTAT University and NAFA certificates)
Aircraft Transaction and Risk Modeling (Required for ISTAT University certificate)
Business Aircraft Transactions, Financing, and Risk Modeling (Required for NAFA certificate)
Total Credits12

Suggested Plan of Study

Year One

Fall
RequirementsCredits
ACCT 517 - Accounting for Decision Making3
FINE 520 - Managerial Finance3
ECON 523 - Advanced Aviation Economics3
or Elective
Semester Hours9
Spring
RequirementsCredits
FINE 615 - Investments3
FINE 618 - Advanced Corporate Finance3
MKTG 515 - Strategic Marketing Management in Aviation or ECON 523 - Advanced Aviation Economics3
or Elective
Semester Hours9
Summer
RequirementsCredits
Summer Internship0-3
Semester Hours0-3

Total Credits

Total Hours for All Requirements: 18-21

Year Two

Fall
RequirementsCredits
ECON 620 - Air Transport Econometric Modeling3
FINE 618 - Advanced Corporate Finance3
FINE 623 - Aircraft Funding Legal and Financial Analysis3
Semester Hours9
Spring
RequirementsCredits
FINE 624 - Aircraft Transaction and Risk Modeling3
FINE 625 - Business Aircraft Transactions, Financing, and Risk Modeling3
Semester Hours6

Total Credits

Total Hours for All Requirements: 15