Welcome to the Department of Finance in the Carlos Alvarez College of Business. Our department offers B.B.A. degrees in Finance and in Real Estate Finance and Development.
Our graduate degree programs include a Master of Science in Finance and a Master of Science in Finance with a concentration in Real Estate Finance and Development. Our M.S. Finance programs are included on the U.S. Department of Homeland Security’s STEM Designated Degree Program list. We also have a decade-old Ph.D. program.
Finance is an applied area that studies the ways in which individuals, business entities and organizations allocate resources over time and make decisions in the presence of uncertainty. This includes quantitative analysis of financial markets and financial decision making using mathematical, statistical and computational models. Techniques of financial engineering have become indispensable to a wide spectrum of business activities including investment banking, commercial banking, corporate finance, portfolio management, risk management and insurance and management and decision in the real estate industry.


Department Office
Main Campus, Business Building (BB), 4.01.12
Monday thru Friday | 8 a.m. to 5 p.m.
210-458-6315
Majors
First Gen
Female
December 5, 2025
Networking and Perseverance Helped Secure Carson Cowan’s FuturePublished by Alvarez College of Business
When Carson Cowan walks the stage this December with a bachelor’s degree in finance, he’ll be closing a chapter in his academic journey, but beginning a new one as a full-time treasury analyst at Wells Fargo.
December 5, 2025
Finance Graduate Lands Role with Union Pacific Railroad Post-GradPublished by Alvarez College of Business
When Emilio Ortiz Muñoz thinks about his journey to UT San Antonio, he sees movement. Movement across countries, cities, classrooms and cultures. Movement toward confidence, belonging and the kind of professional clarity he once doubted he could achieve. He graduates this month with a bachelor’s degree in finance from the Carlos Alvarez College of Business and a full-time offer as a corporate auditor with Union Pacific Railroad.
October 16, 2025
Finance Students Gain Investing Experience With Student-Managed FundPublished by Alvarez College of Business
Finance students at UT San Antonio’s Carlos Alvarez College of Business are getting hands-on experience managing a real investment portfolio through a new Student-Managed Fund launched this fall.
Bringing talented academics to share their knowledge and research in the area of finance.