Finance MSc

Postgraduate (12 months full-time)

Chelmsford

September 2016

Intermediate awards: PG Cert, PG Dip

Overview

Gain the skills you need to make measured and effective financial choices. With our Masters degree you’ll be primed to make investment portfolio decisions that pay off.

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Full description

Careers

Lord Ashcroft International Business School is held in high regard by employers. We’re the business school of choice for a number of world-renowned employers including Barclays, UPS, Crawfords and Harrods, whose staff study our business degrees.

This course is your opportunity to learn advanced level skills across a range of financial areas, including working with complex data and using sophisticated mathematical and simulation modelling techniques. You’ll be able to manipulate data to aid decision- and policy-making, and may work at managerial and directorial levels in a wide range of financial environments.

Modules & assessment

Core modules

  • Financial Management
    The primary objective of this module is to provide a conceptual and analytical framework for looking at organisations operating in capital, financial and operational markets. To this end, international and global considerations, both quantitative and qualitative, will be given high prominence. Strategic financial management issues covered include raising finance (both short and long term), efficient allocation and utilisation of financial resources (including investment appraisal), and maintaining control over those resources to ensure objectives are met (treasury management and control of working capital). Students will gain an appreciation of the two core themes prevalent throughout financial management, namely, the relationship between financial risk and expected return, and the overriding objective of maximising shareholder wealth. These themes will then be built upon to include the inter-relationships between the various elements of financial management. Assessment will be by assignment and scenario based examination questions, requiring judgement to evaluate the issues key to a particular scenario, relationship between the issues, and suitable decisions to resolve the underlying problem. One of the main focuses for the design of this module has been the further development of relevant employability and professional skills. Such skills are implicit in the learning outcomes.
  • Global Financial Markets
    The course is designed to provide a rigorous grounding of financial theories and instruments to finance and non-finance executives and practitioners. Since the financial derivatives boom of the late 1980s and 90s, finance has transformed into a complex discipline leading to restricted understanding of its processes. Global Equity markets have been vital in the transformation of economies with the cycles of economic booms and bust often credited to the functioning of capital markets. The recent financial crisis has sparked a debate into an extensive understanding of financial instruments, institutions, their evolution, limitations and risks. Through this course candidates should experience the inter-relationship between the various elements of global equity markets as well as gaining an appreciation of core themes which are prevalent throughout financial analysis. Econometric modelling will equip students with an in depth understanding of the methods involved in determining risk and return from a global perspective. The module will also provide students hands-on experience with the use of a virtual trading platform. The trading platform will incorporate the module’s theoretical learning into practice by requiring students to build effective portfolios and techniques to “beat the market”.
  • Financial Modelling and Business Forecasting
    The course is designed to provide a rigorous grounding of derivative instruments, including derivative markets, futures, options and swaps. Since the financial derivatives boom of the late 1980s and 90s, finance has transformed into a complex discipline leading to restricted understanding of its processes. The role of key players namely, hedgers, speculators and arbitrageurs have been crucial in the development and proliferation of financial instruments, especially derivatives, futures, options and swaps. Financial instruments play a significant role across the global markets as instruments of risk management. They are extensively used for minimising risks and transferring to those who are essentially willing to take risks. Such instruments, especially derivatives, grant market participants an easy/less expensive way in which one can build their desired portfolio with minimum level of risk. They are risk management and portfolio restructuring tools. Considering that, one might wonder why these instruments are risky. The recent financial crisis has sparked a debate into the derivate bubble that led to economies losing billions of pounds worth of investments. Therefore, there is a growing need to undertake an extensive understanding of financial instruments, institutions, their evolution, limitations and risks. Through this course candidates should experience the inter-relationship between the various elements of financial instruments as well as gaining an appreciation of core themes which are prevalent throughout financial analysis. Econometric modelling will equip students with an in depth understanding of the methods involved in determining risk and return from a global perspective. The module will also provide students hands-on experience with the use of a virtual trading platform. The trading platform will incorporate the module’s theoretical learning into practice by requiring students to build effective portfolios and techniques to “beat the market”.
  • Mergers and Acquisitions
    Merger and acquisition (M&A) has long been an option for organisations. The adoption of such a strategy may be for many diverse reasons. The module begins by considering these motives, and begins to explore the integration of such a choice into the overall strategic plan. The techniques that may be used to value a potential M&A are then considered together with the capital market effects. This analysis is to provide an evaluation of what advantages and likely gains can be expected to be acquired by all parties to the planned proposal. The fact that gains are expected gives rise to the consideration of the tactics of the parties during the negotiations. This leads to consideration of the funding requirement and how the finance can be provided. The integration of the M&A is then considered and how the effectiveness and success can be measured. The module is designed to be contextualised for students from different organisations and sectors, and for it to be delivered to students without practical management experience. One of the main focuses for the design of this module has been the further development of relevant employability and professional skills. Such skills are implicit in the learning outcomes. Multiculturalism has been considered during the design of this module and will be considered when the assessment brief is written.
  • Research Methods for Business and Management
    This module prepares students to undertake a piece of business or management research for their Masters project by developing appropriate knowledge, understanding and transferable intellectual and practical skills. Emphasis is placed on developing skills most likely to lead to a successful closure of a research journey set within any organisational setting identified by students in the role of either academic or practitioner researchers. Skills such as the ability to frame research aims, generate research questions/hypothesis, and research objectives, the ability to generate a conceptual framework, the ability to select and justify a particular research design and methodology and the ability to act as an ethical researcher so as not to spoil the field are all central features of this module. In addition the generation of core practical skills such as the ability to generate and analyse quantitative and qualitative data are central to this module. By developing this knowledge, understanding and transferable intellectual and practical skills the true aims of conducting research will be realised. Students will gain confidence in a range of cognitive and practical skills suitable to conducting research projects in a range of international business contexts so as to add to knowledge and understanding. One of the main focuses for the design of this module has been the further development of relevant employability and professional skills. Such skills are implicit in the learning outcomes. Multiculturalism has been considered during the design of this module and will be considered when the assessment brief is written.
  • Postgraduate Major Project
    This module support students in the preparation and submission of a Master stage project,Dissertation. For 60 credits this involves a length of 15,000 words. The major project enables you to demonstrate some or all of the following: - the ability to raise significant and meaningful questions in relation to your specialism; - depth of knowledge which may involve working at the current limits of theoretical and or research understanding; - critical understanding of method and its relationship to knowledge; - awareness of and ability to develop solutions to ethical dilemmas likely to arise in your research or professional practice; - the ability to draw meaningful and justifiable conclusions from information which may be complex or contradictory; - the capability to expand or redefine existing knowledge; to develop new approaches to changing situations; and contribute to the development of best practice; - the ability to communicate these processes in a clear and effective manner, as appropriate to the 'audience'; and - the capability to evaluate your work from the perspective of an autonomous reflective learner. One of the main focuses for the design of this module has been the further development of relevant employability and professional skills. Such skills are implicit in the learning outcomes. The project is developed in conjunction with a specified supervisor and must be in the area of study of the Masters course being undertaken. The Major Project should enable you to demonstrate the ability to explore important and relevant questions in the context of your specialist area. You should be able to explore detailed knowledge of the research area, demonstrating depth and/or breadth as appropriate; a critical understanding of appropriate methodologies and theories; the ability to present well-argued conclusions from a range of different sources, using material that may be complex and challenging, as appropriate. You should be able to recognise and propose solutions to issues raised in the course of research. You should be able to communicate your research in coherent terms, both orally and in writing, as required.

Optional modules

  • Non-Commercial Governance
    The module will compare and contrast practice in the public and private sectors and consider to what extent it is appropriate to introduce private sector systems and practices into the public and not-for-profit sectors. The module will also draw on theoretical material developed for the International Governance module. This module considers the particular requirements of governance in the public sector and the charity and third sectors. It will consider:- the specific characteristics of corporate governance in relation to organisational vehicles in those sectors.- the specific characteristics of corporate governance in the context of public policy formation since 1945.- the main characteristics of governing organisations in the absence of a 'rational economic calculator' and the consequent theoretical issues involved. Practical examples will be drawn from across the sectors with case studies being utilised where possible and appropriate. Assessment will be by assignment and group presentation.

Assessment

We’ll assess you in a number of ways, both individually and as part of a group, including:

  • simulation-enhanced assignment
  • portfolio-based assessment
  • case-based examinations
  • group presentations
  • individual assignments
  • report preparation.


This is a 1 year programme

Alongside your core modules you will pick a number of optional modules. Please note that modules are subject to change and availability.


Where you'll study

Your faculty

The Lord Ashcroft International Business School is one of the largest business schools in the East of England, with nearly 100 full-time teaching staff and approximately 6,000 students from more than 100 countries.

Our striking and award-winning business school building in Chelmsford, as well as new buildings in Cambridge, offer the most advanced learning technologies. We’re well-recognised for our centres of excellence by students, employers and professional bodies alike.

What makes us stand out is that our courses don't just give you sound academic knowledge – they’re at the cutting edge of current business practice and highly relevant to employers. This is owing to the close links we have with the business community and the partnerships we've developed with a wide variety of businesses and public service organisations. 

We're interested in people who are confident, ambitious and ready to take the challenge of making a difference in the world of business. If that's you, we'd love to hear from you.

Where can I study?

Chelmsford
Tindal Building on our Chelmsford campus

Our striking, modern campus sits by the riverside in Chelmsford's University and Innovation Quarter.

Explore our Chelmsford campus

Fees & funding

Course fees

UK & EU students, 2016/17 (per year)

£7,100

International students, 2016/17 (per year)

£11,200

How do I pay my fees?

Paying upfront

You won't need to pay fees until you've accepted an offer to attend, but you must pay your fees up-front, in full or in instalments.

How to pay your fees directly

International students

You must pay your fees up-front, in full or in instalments. You will also be asked for a deposit or sponsorship letter/financial guarantee. Details will be in your offer letter.

Paying your fees
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Funding for UK & EU students

It’s important to decide how to fund your course before applying. Use our funding guide for postgraduate students to learn more about the following:

  • The Government’s new £10k Masters loan
  • Applying for our scholarships
  • Additional funding options and support
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Funding for international students

We've a number of scholarships, as well as some fee discounts for early payment.

Entry requirements

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Important additional notes

Our published entry requirements are a guide only and our decision will be based on your overall suitability for the course as well as whether you meet the minimum entry requirements. Other equivalent qualifications may be accepted for entry to this course, please email answers@anglia.ac.uk for further information.

Entry requirements are for September 2016 entry. Entry requirements for other intakes may differ.

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International students

We welcome applications from international and EU students, and accept a range of international qualifications.

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English language requirements

If English is not your first language, you'll need to make sure you meet our English language requirements for postgraduate courses.

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Improving your English language skills

If you don't meet our English language requirements, we offer a range of courses which could help you achieve the level required for entry.

We also provide our own English Language Proficiency Test (ELPT) in the UK and overseas. To find out if we are planning to hold an ELPT in your country, contact our country managers.

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Get more information

UK & EU applicants

01245 68 68 68

Enquire online

International applicants

+44 1245 68 68 68

Enquire online