Taught course

Finance and Business Economics

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 a degree in economics, finance or business studies. You must have taken a significant number of economics, finance and quantitative modules during your degree to at least second year undergraduate level (third year for four-year degree courses, but accounting is not a substitute for finance), and a major or specialisation in economics or finance in your final year. You must 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 economics and finance throughout their degree and a final year major or specialisation in economics, and strong quantitative skills (as outlined above). Due to competition for places, we give preference to applicants with an undergraduate degree in economics or finance. 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

This course is ideal for students looking for a finance degree with a focus on economics in a business context.
You will receive expert advanced training in both finance and related areas of business economics.
This course is evenly balanced with modules examining the links between international macroeconomics and global capital markets.
A major piece of empirical research, in finance or business economics, completes your studies and allows you to research an area of interest in detail. You’ll graduate from the course equally equipped to pursue careers in financial services, banking or industry, or an academic career via a PhD.
Course structure
(All taught course units are 15 credits)
Semester 1
· Data Analysis for Business Economics
· Essentials of Finance
· International Macroeconomics and Global Capital Markets
One elective unit from:
· Derivative Securities
· Foundations of Finance Theory
· Portfolio Investment
Semester 2
· Corporate Finance
· Financial Econometrics
· The Analysis of Business Structures
One elective unit from:
· Advanced Empirical Finance
· Financial Statement Analysis
· International Finance
· International Trade:
· Theory, Policy and Practice
· Mergers and Acquisitions: Economic and Financial Aspects
· Real Options in Corporate Finance
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 in finance or business economics.
Examples of recent dissertation projects include:
· The role of institutional investors in corporate governance
· Corporate governance in the UK
· Corporate payout policy
· The information content of equity analyst reports of Chinese firms
· Forecasting international real estate returns
· Abnormal returns over the merger cycle
· Security offerings
Career opportunities
Recent recruiters include: Accenture, CGI Group Inc, Bloomberg, China Everbright Bank, Ernst & Young, Frost Forretningsutvikling AS, HSBC, HRMC, Skye Bank Plc, Statoil ASA

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 available - contact the Postgraduate Admissions Office for further details.

Qualification and course duration

MSc

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

Course contact details

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