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MBA in Applied Security Analysis


Take Your Investment Expertise to New Heights

Up your value as an investor with a top-ranked MBA that sets you apart in the investment world. Supported by the Hawk Center for Investment Analysis, this is the longest-running program of its kind and remains one of the nation’s leading academic programs for applied investment education. The curriculum emphasizes application of modern investment theory to the management of a $25 million portfolio.


Hands-on experience managing real money and making investment decisions that make a real impact


Access to alumni who teach and mentor, and serve as a network to find internships and full-time job positions


A low faculty-to-student ratio enables close monitoring of students’ financial modeling and reports and detailed, real-time feedback

Curriculum

The Wisconsin Full-Time MBA curriculum integrates a strong foundation in general management with highly focused preparation in applied security analysis. You will begin taking specialization right away.

As a Chartered Financial Analyst (CFA) Program partner, the Wisconsin School of Business integrates at least 70 percent of the CFA certification program content into the curriculum. The three-year CFA certification exam program is the standard accreditation of the financial and investment industry, and the applied security specialization in the Wisconsin MBA Program will prepare you for exam day from your very first semester.

Year 1

First Semester

  • Data to Decisions
  • Financial Accounting
  • Introduction to Financial Management
  • Operations Management
  • Leading and Working in Teams
  • Marketing Management
  • Introduction to Applied Security Analysis

Second Semester

  • Ethics, Integrity and Society
  • Integrated Company Analysis
  • Business Strategy
  • Economics for Managers
  • Security Analysis
  • Introduction to Applied Portfolio Management
  • Analysis of Fixed Income Securities

Year 2

First Semester

  • Applied Security Analysis and Investment Management I
  • Electives (3)

Second Semester

  • Applied Security Analysis and Investment Management II
  • Electives (2)

Applied Learning

Beginning immediately, you’ll learn from direct contact with leading investment practitioners, use the same analytical tools used by professionals, and control more than $25 million in actual securities. You will learn how to put those investment skills into practice through regular contact with global investment leaders at conferences, networking luncheons, and in the classroom.

Small program size means you get a lot of interaction and hands-on experience to build your résumé, including:

Two students working together
  • Manage more than $25 million of equities and fixed-income assets in the second-year specialization capstone
  • Learn from a wide range of financial professionals the keys to assessing the quality of corporate business models, weighing risks and opportunities, and applying valuation methodologies to a variety of security holdings
  • Apply what you learn in the classroom to real business decisions, supported by alumni and successful industry leaders, as with a recent applied learning session in which students presented an action plan for increasing portfolio performance to a practicing fund manager
  • Gain proficiency with the same industry tools investment professionals rely upon, including Bloomberg® Terminals, Morningstar® financial data, and FactSet® Analytics the core skill sets required in today’s financial markets through access to Wall Street Prep evaluation and financial statement modeling materials, templates, and training, including a two-day Wall Street Prep bootcamp.
MBA students talking
  • Build the core skill sets required in today’s financial markets through access to Wall Street Prep evaluation and financial statement modeling materials, templates, and training, including a two-day Wall Street Prep bootcamp.
  • Prepare for the Chartered Financial Analyst® (CFA) Program exam series through a specialized curriculum and access to additional CFA resources as part of the CFA Institute University Affiliation Program
  • Participate in the CFA Institute Research Challenge
  • Learn from financial industry leaders from across the globe through subsidized trips to the global CFA Institute Annual Conference, held at international financial centers such as Frankfurt and Montreal

Expert Support and Career Connections

Knowledge Center

The applied security analysis specialization is supported by a dedicated knowledge center, the Hawk Center for Investment Analysis, backed by extensive industry support. A network of more than 650 Hawk Center alumni helps you launch your career in investment research or portfolio management. Dedicated space in Grainger Hall serves as applied security analysis students’ home base and encourages collaboration.

Participating investment industry experts and alumni:

  • Guide curriculum
  • Serve as on center advisory boards
  • Initiate applied learning
  • Contribute to the classroom
  • Mentor students
  • Assist with recruiting and placement
Hawk Center board members

Advisory boards

Members of three Hawk Center advisory boards—Hawk Equity Portfolio, Hawk Placement and Networking, and Hawk Fixed Income Portfolio—have deep ties to the industry and consult on all aspects of the program.

See our advisory boards

Board Member Spotlight

Jason Schultz, CFA, CPA
Director–Leveraged Finance Research/Head of Internship Recruiting Northwestern Mutual Investment Management Co.

Jason serves the center as a member of the Hawk Fixed Income Portfolio Advisory Board. He is an experienced investor focused on identification and analysis of and investment in undervalued securities. Jason regularly directs interns to Northwestern Mutual.

World-class Faculty

Our expert faculty members offer a deep-dive investment program that sets you apart.

Faculty Member Spotlights

Betsi Hill

Betsi Hill (MS ’89)

Faculty Associate
Co-Director, Hawk Center for Investment Analysis

Hill provides valuable perspective as she shares extensive industry experience supervising student management of fixed-income portfolios. A program alumna who has served on the advisory board, Hill started her career as a credit analyst for Liberty Mutual, rising to senior positions in fixed income credit research, most recently as partner and head of global credit research at Napier Park Global Capital.

Greg Edwards

Greg Edwards (MS ‘97)

Faculty Associate
Co-Director, Hawk Center for Investment Analysis

Edwards brings more than twenty years of investment management experience to the program, using his background in equity management and research to prepare the next leaders in the field. He guides first year students in the management of equity portfolios. Edwards is a Wisconsin School of Business alumnus and has managed equity portfolios at firms like BlackRock and Baird, most recently serving as a senior analyst at a boutique hedge fund.

Program Voices

Brandon Jankowski
“The support of the alumni from the Wisconsin MBA Program in applied security analysis has far exceeded any of my expectations. I never thought I would get the opportunity to work with and learn from so many successful individuals in the investment management field while I was still in school. Whether it’s being challenged on my investment decisions by our advisory board or just getting the opportunity to learn from and interact with our weekly speakers, my understanding of the investment business and how to be successful in this field has definitely been accelerated by our alumni base.”
Brandon Jankowski (MBA ’16)
High Yield Corporate Bond Research Analyst, Columbia Threadneedle Investments
Evan Bernier
“The strong alumni base is invaluable. The ASAP alumni are professionals doing the exact work we were preparing to do. Alumni supported me by reviewing my stock and other investment reports. They are very genuine and they wanted to see us succeed. Faculty collaboration in the program assures a strong, well-coordinated curriculum. It is very easy to ask for help and get the attention you need to succeed.”
Evan Bernier (MBA ’18)
Equity Research Analyst, Brentview Investment Management
“Managing a fixed-income portfolio gave me a real-world perspective on the roles of both a research analyst and portfolio manager. The real-world experiences that students have elevate the applied security analysis program’s depth of experience in investment management.”
Andrew Sprunger (MBA ’16)
High Yield Credit Analyst, Northwestern Mutual Investment Management Company
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Get to Know our MBAs

Hear about students’ experiences in the program.

Connect With Top Employers

Connect with employers through classroom visits, networking events, and applied learning projects.

Companies that frequently recruit our students

Northwestern Mutual logo
Credit Suisse logo
Barclays logo
Columbia Threadneedle Investments

Applied Security Analysis Careers

Common career paths

  • Equity or Fixed Income Research
  • Portfolio Management

 

Common job titles

  • Portfolio/Fund Manager
  • Portfolio Analyst
  • Buy-Side Analyst
  • Sell-Side Analyst
  • Institutional Sales Representative
  • Wealth Manager
  • Equity Research Associate
  • Equity Analyst
  • Investment Product Manager/Sales Representative
  • Fixed Income Analyst
  • Investment Grade Analyst
  • Leveraged Loan Analyst
  • High Yield Analyst

Your MBA. Your Career Success.

High staff-to-student ratio means you get unlimited support—and exceptional connections—as you step into your ideal career.

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