I went to
Reformation International Theological Seminary for my M.Div. I had to write a 75 page thesis to graduate. They have a ThM program (here's their
catalog) Here's the description of the ThM program:
Master of Theology (Th.M.)
The Master of Theology degree (Th.M.) is an advanced theological degree, available only to students who have an M.Div. or equivalent degree. The Master of Theology degree is awarded in Theological Interpretation’ and should be thought of as a reading-and-research expansion of the subject matter covered in the M.Div. program. Broadly speaking, the Th.M. is a ‘doctoral’ type degree, but having a less stringent workload and lesser writing requirement. Rather than a completely independent research and writing project (as with a Doctorate), the Th.M. candidate
selects an area from his previous studies that is of particular interest to him, and undertakes an agreed upon program of advanced studies in that area, in consultation with an approved mentor and the faculty.
The degree is progressed exactly as are doctoral degrees (see above), but with the following exceptions:
a) An extensive reading list must be agreed upon with Reformation International Theological Seminary and completed as part of the degree requirement. Students must certify completion of their reading, and fully reference their own dissertation from the works consulted.
b) A dissertation of 25,000-37,500 words is required, and must be presented in five bound copies for evaluation by the Review Committee, just as for a doctoral thesis. The Th.M. dissertation subject must be agreed and approved before enrollment.
c) The time-limit for Th.M. is normally one year, and all extensions of this period must be agreed upon by the faculty.
d) There is no requirement for a ‘verbal defense’ of thesis/dissertation to achieve a Th.M.
e) Th.M. dissertations that are considered to have suitable potential may be considered for expansion and submission as doctoral theses (with the approval of the Committee). In this case an additional year is normally allowable beyond completion of the Th.M.
All appropriate fees must be paid before the thesis can be considered. The same thesis cannot be used for both Th.M. and doctoral degrees.