Master of Science in Aviation Finance (Daytona Beach Campus)

This program delivers the business and operational knowledge of aviation and aerospace along with the application of economic, financial and marketing practices.

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.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.

Applicants possessing an undergraduate degree in Business, Accounting, Finance, Economics or related transportation fields of study are encouraged to apply for the MSAF program. Applicants from other majors are also accepted into the program, but need to have completed certain undergraduate classes in economics, accounting, finance and statistics as deemed appropriate by the faculty in Master’s program committee at the time of application. Applicants lacking this academic preparation will need to take the appropriate ERAU undergraduate courses as a condition for admission. These pre-requisite courses must be completed prior to taking graduate level course work in the subject area.

For applicants whose background is not in Finance, scoring in the top 50th percentile in the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) will make application more competitive. Applicants should possess a strong academic record, generally evidenced by a CGPA of 3.00 or higher.

Language Requirement:

The preferred minimum TOEFL score for admissions is 213 (computer-based), 79 (IBT Internet-based) or 8.5 (Essentials). The preferred IELTS score is 6.0. The preferred Duolingo score is 105. The preferred Cambridge score is 170.