Taught course

Finance

Institution
The University of Manchester · Accounting and Finance
Qualifications
MSc

Entry requirements

We normally look for a First or Upper Second class honours (2:1) degree from a UK university or the overseas equivalent. You need to have studied or be studying a degree in finance, economics or mathematics. You must have taken a significant number of economics or finance and quantitative courses during your degree. You must either be majoring or specialising in finance in your final year with top level results in final year finance subjects, or be majoring or specialising in economics with top level results in final year economics subjects, with a strong aptitude to study finance at Masters level. You must also demonstrate a solid background in quantitative skills, econometrics or mathematics. We also consider applicants studying degrees in business administration, business management or commerce who can demonstrate a very strong background in finance throughout their degree and a final year major or specialisation in finance, and strong quantitative skills. Due to competition for places, we give preference to applicants with an undergraduate degree in finance or economics. We highly recommend GMAT or GRE for applications to all our accounting and finance related programmes. We anticipate a well-balanced score with a strong performance in the quantitative sections. All applicants must pay a £60 non-refundable application fee before applications are considered. See MBS website for further details of entry requirements and method of payment.

Months of entry

September

Course content

From derivatives and investments to mergers and acquisitions and global markets, this course covers the essential information you need to pursue a range of exciting finance careers at an international level. Investing in our MSc Finance can be the start of a great career and you gain valuable quantitative skills that are in high demand by employers.

Investing in our MSc Finance can be the start of a great career and you gain valuable quantitative skills that are in high demand by employers. A dissertation, focusing on empirical research, allows you to explore a research area of interest in detail, supported throughout by our high-calibre staff.

Recent graduates have accepted positions in the City, with the ‘Big 4’ global financial services firms, major world banks and financial institutions.

Course recognition

The course meets ESRC guidelines for Masters degrees and has ESRC recognition as a postgraduate training year in preparation for a PhD. It also holds the award of partnership status from the CFA Institute, the global association for investment professionals.

Career opportunities

Recent recruiters include: Apple Inc, Bangkok Bank plc, Bloomberg, Central Bank of Chile, Cisco Systems, Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers, Statoil ASA

Course structure

(All taught course units are 15 credits)

Semester 1

· Derivative Securities

· Essentials of Finance

· Introduction to Quantitative Methods

One elective unit from:

· Foundations of Finance Theory

· International Macroeconomics and Global Capital Markets

· Portfolio Investment

Semester 2

· Advanced Empirical Finance

· Corporate Finance

· Financial Econometrics

One elective unit from:

· Financial Statement Analysis

· International Finance

· Mergers and Acquisitions: Economic and Financial Aspects

· Real Options in Corporate Finance

· The Analysis of Business Structures

Summer research period

Research dissertation [60 credits]

The dissertation is an integral part of the course. It gives you the opportunity to apply what you have learned in the taught part of the course. It normally consists of a piece of empirical work, involving qualitative research methods or traditional statistical methods.

Examples of recent dissertation project topics include:

· The investment value of analyst forecasts

· Stabilisation of initial public offerings (IPOs)

· Forecasting international real estate returns: portfolio choice applications

· An empirical analysis of corporate financing policies and corporate governance

· Managerial compensation and corporate governance

· Initial public offerings: debt IPOs, adviser switching, contracting, governance, performance and venture capital backing

· Sovereign wealth funds and global financial stability

· Stock markets and the macroeconomy

Information for international students

IELTS 7.0 or TOEFL 100 internet-based. Only applicants who already meet the minimum English language requirements will be considered. English language test results submitted must be less than two years old. See the website for more information: http://www.mbs.ac.uk/masters/entry-requirements/language-requirements.aspx

Fees and funding

UK students
£20,000
International students
£23,000

MBS Scholarships are also available - contact the Admissions Office for details and visit the MBS website for further details: http://www.mbs.ac.uk/programmes/masters/courses/scholarships/

Qualification and course duration

MSc

distance learning
- months
block mode
- months
full time
12 months
part time
- months

Course contact details

Name
PGT Masters Admissions
Email
pg@mbs.ac.uk
Phone
+ 44 (0)161 306 1339