b'MESSAGE FROMTHE DIRECTORto a high placement record, despite thefact that several other universities havebegun offering a Master in Financedegree.The Minor in Finance for ourundergraduate students is equallyimportant to us. The transition from theundergraduate certificate program to aMinor in Finance has been smooth andeffective. In the first year, we saw fewerstudents due to the more restrictiveMARKUS requirements (the number of coursesBRUNNERMEIER that count toward both the minor and theEdwards S. Sanford economics major). In May 2025, 59Professor of Economics students (21 females) graduated with aMinor in Finance. Despite morechallenging requirements for the Minor,Dear friends and supporters of the Bendheim the UMF Class of 2026 consists of 113Center,students (38 females). However, we arepleased to see the Minor program gainingDuring the 2024-2025 academic year we traction as we collaborate with financecontinued to increase our Master in Finance clubs and increase student engagement.(MFin) program size to 80 students. Inprevious years, we broadened our applicant During the 2024 fall term, we offered ourpool and increased the number of highly new course Eco 102: Introduction toqualified US citizens. We also worked hard to Personal Finance. The course was verymake our applicant pool more diverse. These popular, with 142 Princetonefforts helped us this year.undergraduate students taking it. Thecourse exposes students to the basicOverall, our Master in Finance program concepts of finance and should help themcontinues to be one of the top programs in the to make informed financial decisionsworld. The graduating class of 2025 consisted later in life. Although it is intended forof 37 students (17 female and 20 male). All but freshmen, we were surprised by thetwo students in the MFin program graduated number of juniors and seniors who tookwith a job already secured. We are committed the course.1'