MSc Business (Financial Management)
During Term 1 and 2 you study the compulsory modules and your choice of an optional module. The compulsory modules provide key management and business expertise, all designed to contribute to a career in financial management.
We offer a range of optional modules, giving you stimulating choices. You undertake one optional module in term 2 and if you select the term 3 Business in Practice route you will also select two other optional modules. Please note that module availability may vary and that your first choice may not be guaranteed. Please see the drop down link for module descriptions.
Assessment is a mix of exams, project work, and tests. Your dissertation or Business in Practice module brings all your learning together.
Please note that this course is currently going through a review and there may be changes to the module structure for 2018 entry. Please check the website regularly for the most up to date details.
Choice of Dissertation or Business in Practice route:
If you are considering further academic study (PhD) and you would like the opportunity to research a topic relating to finance, the 8,000 word dissertation will enable you to test and apply the techniques and theories you have gained. You will be supervised and supported throughout and will usually submit your dissertation in early September.
In total you will study eight compulsory modules and one optional module, and complete a dissertation and a Research Methodology module.
Business in Practice route
If you would like to develop further applied skills and specialist knowledge to suit your career aspirations, you can complete your studies with two additional optional modules and our applied Business in Practice module. You will develop deep functional and industry expertise with practical insights from our faculty and our CareersPlus & Corporate Relations team.
In total you will study eight compulsory modules, two optional modules and also complete the compulsory Business in Practice capstone module.
See indicative compulsory and elective modules for this course
Analysis of Economic Behaviour
The module aims to provide in-depth coverage of fundamental behavioural economic concepts. It will familiarise students with conventional assumptions about the behaviour of individuals and firms as well as their interactions in markets.
Assessment – Exam 100%
Quantitative Methods for Financial Management
This module aims to provide an introduction to advanced quantitative methods to students. The module will equip students with an understanding of descriptive statistics and data presentation and enable them to apply the major tools needed for finance related MSc level study. This will include basic statistics and econometric tools.
Assessment - Exam 80% / Class test 20%
This module will provide the necessary background in financial management, asset pricing and investments. We will talk about how assets are priced in the markets, review modern valuation techniques and asset management tools.
Financial Reporting & Statement Analysis
This modules enable students to interpret financial statements in context and apply appropriate models and techniques for company valuations.
Financial Markets & Instruments
This module is designed to analyse financial products and instruments, looking at how they are issued and traded, and provide a good overview of markets and organisations, market participants, and their roles.
This module aims to provide students with a fundamental understanding of corporate finance theory and practice. It reviews how firms raise money, manage their finances and distribute profits to achieve their goals.
Strategic Management Accounting
The module will develop the technical skills and understanding of the behavioural consequences of management accounting process and enables strategic decision-making.
Indicative Optional Modules
Economics in the Global Growth Environment
This is a summer term elective option that is open to students who have opted for the Business in Practice route. This module provides real world examples and case studies which illustrate how economic thinking helps businesses make the most of new opportunities while managing the risks associated with expansion into new markets and regions. The topics covered draw on ideas and research from macroeconomics, microeconomics, international finance, energy, resources, development and labour economics. The module teaches introductory economics, from a global perspective.
Assessment - Assignment 100% - focussed on a case study of a business expanding into a new region or country.
Mergers & Acquisitions and Corporate Control
This module studies issues and questions that the financial community is concerned with around announcements of mergers and acquisitions, value consequences of M&A transactions for both target and acquirer shareholders, sources of value creation, and the selling process.
Forecasting for Decision Makers
This is a summer term elective option that is open to students who have opted for the Business in Practice route. The module aims to providing training on methods that aid decision making when managers face an uncertain future. The module covers methods for short-term and long-term forecasting of product demand and macroeconomic variables. The module discusses how forecasting aids decision making.
Assessment - Individual Assignment 80% / Group Report 20%
Derivatives and Corporate Risk Management
This module provides systematic understanding of relevant knowledge about key risk factors that firms might face and how firms can reduce their risk using various financial instruments.
This is a spring term module option. Students will investigate and analyse organisational situations where issues of ethics, values and responsibility are paramount.
Assessment - Assignment 100%
Business IT & Services
This is a summer term module option, available as a choice to students who have selected the Business in Practice route. Students will investigate the management issues surrounding the utilisation and delivery of business IT and services within organisations, with particular focus on the new major trend of outsourcing
Assessment - Group Assignment 30% / Individual Assignment 70%
This module will study how various corporate governance mechanisms affect behaviour and value of the firm.
Entrepreneurship and Business Venturing
This is a summer term module option, available as a choice to students who have selected the Business in Practice route. In this module you will study the contexts, components, and processes of entrepreneurial behaviour in different types of organisations and focus on key issues in developing business proposals and plans.
Assessment – Group Presentation Assignment 40% / Individual Assignment 60%
This is a summer term elective option that is open to students who have opted for the Business in Practice route. The module aims to develop a critical awareness of the issues, problems, concepts, and skills associated with the development of international business strategy and operations. Topics will include: the drivers and processes of internationalisation, cross-cultural management challenges, the assessment of overseas investment opportunities and the specific challenges of emerging markets.
Assessment - Group Presentation 20% / Individual Assignment 80%
Leading for Innovation
Innovation is the very core of competitiveness. But innovation often can come in very different forms and depending who will pick up this innovation it might or might not be properly diffused and spread out so that it results in a greater competitiveness.
If you select the dissertation route, this module will give you the academic skills to confidently approach your dissertation topic.
Assessment - Assignment 100%
Business in Practice
The Business in Practice module is the compulsory capstone module for students who choose this Term 3 route. It will illustrate business theory in practice by combing academic lecture input with expert practitioner insights, and will also provide intensive personal work-skills development via WBS CareersPlus team.
Assessment – Firm Analysis Assignment 60% / Individual Reflective Journal Assignment 40%