Finance MSc | 2017/18
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Finance MSc 2017/18 entry

Course code:

BEST054

Study options:

1 year full-time
Part-time

Location:

Coventry University

Starting:

September 2017
May 2018

Fees:

May 2017 start - £13,678 | September 2017 start - £14,311

Find out more

Faculty:

Get in touch

For questions regarding study and admissions please contact us:


+44 (0) 24 7765 2152


Overview

Designed for students who want to work in banking and investment, the Finance MSc can show you how finance impacts business globally.

This course aims to provide you with specialist financial skills and knowledge – everything from derivatives, portfolio theory to risk management, financial modelling and ethical finance. It is designed for people pursuing finance related positions, who want to be able to evaluate the financial impact on businesses in a complex, global environment.

Rated ‘excellent’ by Eduniversal, Coventry Business School offers industry-standard facilities, including our trading floor. Using a range of market-leading software and data packages, such as Bloomberg, Datastream, Fitch-Connect and Thompson Reuters Eikon, you will have the opportunity to practice financial, statistical and econometric analysis, and learn to interpret, evaluate and communicate financial information in real-life business situations.

This course is recognised by the UK’s leading professional financial organisations, including the Chartered Financial Analysts (CFA) UK, offering recognition towards the IMC Advantage Programme, and The Chartered Insurance Institute (CII), with recognition towards Advanced Diploma level in either the Insurance or Financial Services qualifications framework.

Why Coventry University?

An award-winning university, we are committed to providing our students with the best possible experience. We continue to invest in both our facilities and our innovative approach to education. Our students benefit from industry-relevant teaching, and resources and support designed to help them succeed. These range from our modern library and computing facilities to dedicated careers advice and our impressive Students’ Union activities.

Global ready

An international outlook, with global opportunities

Employability

Career-ready graduates, with the skills to succeed

Student experience

All the support you need, in a top student city

Accreditation and Professional Recognition

This course is accredited and recognised by the following professional bodies

Chartered Financial Analysts (CFA)

The MSc Finance is a Chartered Financial Analysts (CFA) recognised degree; as such, students wishing to take the CFA Investment Management Certificate (IMC) can be accelerated through this qualification by gaining recognition for this qualification.


Chartered Insurance Institute (CII)

Successful graduates can gain up to 60 non-specific credit exemption from the Chartered Insurance Institute's (CII) at Advanced Diploma level in either the Insurance or Financial Services qualifications framework.

Chartered Association of Business Schools (CABS)


European Foundation for Management Development (EFMD)

Course information

The emphasis of this career-focused and topical degree is on interpreting, evaluating and communicating financial information for strategic and managerial purposes.

Content is regularly reviewed and updated to reflect new developments and the requirements of the profession, needs of industry and government policy.

We will aim to help you develop a critical awareness and understanding of contemporary financial issues and theories relating to corporate finance, financial strategy, emerging markets and behavioural finance. For example, we’ll explore the use of derivatives as hedging/speculative tools and the problems they can cause for companies.

Enhancing your technical, analytical and mathematical skills, you’ll be exposed to the real financial practices and techniques you will encounter working in the finance industry – through investment software and databases like Bloomberg and Datastream. You should learn to value financial assets such as shares, bonds and derivatives as well develop econometric skills to analyse cross-sectional and time series data.

We strive to provide you with an international perspective on the world of finance as a range of modules have an international focus – covering risk management, emerging markets and corporate finance.

Modules

Overview

In Semester Three, you have the opportunity to either conduct a traditional research dissertation on a topic of your choice or pursue a consultancy project in the form of a company internship as your final project, either at home or abroad.

The availabiliity for internships is limited so there is a competitive selection process where students are required to attend employabilty workshops delivered by the Faculty's PG Employment Personal Tutor, and then attend an internal panel interview here at the University. If successful, you have the opportunity to apply for internship projects that are sourced by the FBL PG Employer Engagement Manager. It is then the internship provider who decides whether they wish to interview the student, and if they want to make an offer of internship. There is no additional cost to the student.

Previous students have worked with companies including TNT, Tarmac, autoXP Ltd, T4 Connex and National Express, not-for-profit organisations like the UK Business Council for Sustainable Development, and a range of charity organisations, including the Islamic Relief Academy, Coventry Citizens Advice Bureau and Garden Organic.

This course includes the Global Professional Development Module. Each of the participating postgraduate courses have an individually tailored version of the Chartered Management Institute (CMI) Global Professional Development module.

Modules

  • Semester 1

    • Financial Statements Analysis
    • Derivatives
    • Corporate Finance
    • Quantitative Methods
  • Semester 2

    • Behavioural Finance
    • International Risk Management
    • Governance, Accountability and Ethics
    • Global Professional Development - Consultancy


    Optional modules (1 of the following):

    • Emerging Markets Finance
    • Institutional Investments
  • Semester 3

    • Dissertation or Company Internship

In more detail...

  • Strong industry links with major employers.
  • Outstanding facilities include our trading floor featuring 42 dual screen Bloomberg terminals.
  • Professional mentor scheme, which includes team managers from industry, entrepreneurs and faculty professors.
  • High levels of student satisfaction – 88% overall for Business and 84% for Accounting and Finance in the Postgraduate Taught Experience Survey (PTES) 2016.
  • Opportunity to apply to our internship programme. Previous students have received support to work at organisations including HHS, Aston Martin, Tarmac, Jewson, Penso, and Interserve. There is no financial support available by the University.
  • Innovative, interactive teaching designed to embed professional skills. For example, you will practise trading on our Bloomberg trading floor, which incorporates analytical, news and real-time data platforms to give you first-hand experience of these industry-standard tools.
  • Relevant field trips, which have previously included places and companies such as Oman, Dubai, Brussels, India, Manchester United FC, BMW Mini, Jaguar Land Rover, Samsung, and Hyundai, offering students the opportunity to learn about business practices and culture across the globe. Additional costs may apply, dependent on the destination and availability of University funding. All details will be available prior to attending the field trip.

Access to market leading databases such as Thompson-Reuters Eikon, Bloomberg, Bankscope and Datastream.

Our main study themes are: 

  • Marketing: Develops a critical understanding of the principles and practice of marketing including environmental analysis, buyer behaviour, strategic market segmentation, targeting and positioning, and the design of marketing mixes. You will examine the value and purpose of marketing across a range of contexts including the private and public sectors both in a service and global context.

  • Finance: We will help you learn how to interpret and use financial information within the strategic framework of a business oriented toward the user rather than the preparer of corporate financial statements. You will be introduced to the practical tools for assessing financial performance and economic condition of a business, analysing the financial reports of real-world public companies. You should also explore the key concepts of managerial accounting and how to identify relevant costs for short-term and long-term decision making as well as financial and non-financial measures for evaluating the performance of business units or divisions. 

  • Human Resource Management (HRM): Provides an overview of HRM in the context of modern society and modern organisations, reviewing the changing cultural nature of the employment relationship and the potential contribution of HRM to organisational effectiveness and efficiency. We will consider the challenges and opportunities for managers relating to performance, particularly with regards the processes of change, common in any Multinational Enterprise (MNE) as a result of rapid change within the external environment and intensified global competition. We will cover the key concepts, theories and practical applications in change management, taking into consideration cross-cultural management and relevant research in social anthropology, sociology, organisational behaviour, public relations and intercultural communication.

  • Strategic analysis: Effective strategic choice and management is dependent on widespread and current information and data regarding an organisation’s strategic position. To broaden your perspective and increase your understanding of the principles of strategic management, you will be introduced to a variety of models for strategic analysis and strategy formulation. You should explore the pros and cons of strategic choices and consider the impact of and consequences of strategy implementation.

  • Managing change across cultures: The aim of the module is to help enhance your ability to perform successful change management processes in MNEs and other organisations operating on the global stage and in particularly to excel in future roles as global managers in multi-culturally diverse contexts. This will be achieved through introducing you to key concepts, theories and practical applications in Change Management in addition to innovatively drawing upon cultural research from both Cross-Cultural Management and more advanced social theoretical advancements in Social Anthropology and Sociology. The interdisciplinary nature of this module is further strengthened by incorporating relevant literature from Organisational Behaviour, Public Relations, and Intercultural Communication.

  • Financial risk management: Developing knowledge and expertise to be able to apply alternative hedging methods, use financial derivatives or non-financial derivatives methods, to manage the typical financial risks that companies face in the modern business environment. You should learn to evaluate the advantages and disadvantages of alternative methods, considering the situations given, presenting a critique of the theoretical explanations for corporate hedging.

  • Corporate finance: Although we do cover some of the fundamental fields of finance, including Portfolio Theory, Capital Asset Pricing, Valuation or Risk Management, our primary focus is to examine and discuss some of the more controversial issues in corporate finance, for example in the area of behavioural finance or management team compensation. You will be encouraged to adopt a questioning approach to the theories and to develop a habit of critical evaluation of the results of reported empirical tests.

The programme can be studied over one year full-time or part-time up to three years. You can start in September or January.

Many of our teaching staff are research active and will disseminate up-to-date developments in their fields, fostering debate and discussion. For example, recent cohorts have explored the effects of the financial crisis on stock markets and corporations, particularly from a risk perspective. Likewise, the impact of the 2016 Brexit vote on financial markets and exchange rates have been covered. You will also have the opportunity to conduct your own supervised research as part of your dissertation – topics covered by students recently include credit risk management, investment banking in emerging markets and corporate governance frameworks of MNCs.

Staff will use their own research to bring contemporary issues into the curriculum. We have expertise in: inter-organisational relationships; the securities markets; relationship marketing; supply chain and logistics; lean management; HRM; strategic management in the retail sector; entrepreneurship; economics; organisational survival and CSR issues.

We will also study a range of diverse case studies to illustrate current challenges or new insights and the effects of globalisation on business organisations including private sector business organisations, not-for-profit organisations and public organisations. For example, we consider the importance of inventory management through the use of case studies which focus on companies such as Aldi and Boeing.

MBA Finance students have the opportunity for assignment purposes to use the Trading Floor to gain access to databases such as Bloomberg, Reuters and Datastream.

You will have the opportunity to participate in range of field trips and industry visits, at home and abroad, with past students travelling to Oman to visit world class organisations like Schlumberger, Tribune Newspaper and Nawras Telecom Company, as well as UK companies like BMW Mini and Jaguar Land Rover. Additional costs may apply, dependent on the destination and availability of University funding. All details will be available prior to attending the field trip.

Teaching methods include: lectures, seminars, laboratory sessions, web-based learning, problem-solving, classes and tutorials, workshops, research design tutorials, dissertation supervision and guided and self-directed study.

You will be assessed using a variety of methods, with each year of study usually including: some examinations and time constrained tests; some course work in the form of reports or essays; group work, such as presentations or reports; and practical work.

Some of this will depend on the options selected, but clear information on assessment techniques will be available before you make a choice. 

An estimated percentage breakdown of your final grade assessment is as follows:

  • Formal examinations:45%
  • Dissertation/Internship: 28%
  • Coursework/ tests: 27%

45% asessed by formal examination

On successful completion, you should have knowledge of:

  • Financial concepts, theories and their application to real world situations
  • Financing arrangements, strategies and governance structures of business entities.• Complex operation and function of financial markets in different regulatory settings
  • Contemporary and controversial issues of finance in global financial markets.

 

On successful completion, you should be able to:

  • Demonstrate diagnostic and decision-making skills – such as optimising investment strategies for both firms and individuals in dealing with financial management problems. • Work out the implications of emerging finance issues and debates.• Use advanced mathematical and statistical techniques for financial and investment analysis. For example, use of past stock return data to test asset pricing models and/or stock market efficiency
  • Select, retrieve and analyse relevant data and information from finance-related databases like Datastream and Bloomberg to solve practical problems
  • Design and conduct research in financial management using appropriate methodologies to advance knowledge in these areas
  • Critically evaluate the conceptual and theoretical frameworks of finance and challenge assumptions
  • Exercise judgment in the selection of different methods and approaches to financial management in the corporate environment
  • Critically assess the economic environment and financial policy in developed and emerging markets.

In a typical teaching week, you will have up to 13 ‘contact’ hours of teaching. This generally breaks down as:

  • Personal tutorial/small group teaching: 5 hours of tutorials or, later, project supervision, each week.
  • Large group teaching: 8 hours of lectures each week.

In addition, you will be expected to undertake a further 25 hours of self-directed studying and revising in your own time each week, including some guided study using handouts, online activities etc.

Global ready

Did you know we help more students travel internationally than any other UK university according to data from the experts in higher education data and analysis, HESA?

In 2014/15, we were able to provide a total of 2,264 student experiences abroad that lasted at least five days, 73% of which were our own organised trips for undergraduates and 27% from postgraduate travel. Plus, we've been able to help more than 5,000 students spend time in other countries, from America to China, India and beyond.

Much of this travel is made possible through our Global Leaders Programme, which enables students to prepare for the challenges of the global employment market, as well as strengthening and developing their broader personal and professional skills.

Explore our international experiences

1st for

international experiences

Sending more students overseas than any other UK uni (HESA)


2,264

Student experiences

The number of student trips abroad for at least 5 days in 2014/15



12,000

and counting

The number of students we’ve helped travel internationally so far

21

global programmes

As well as trips, we offer other opportunities like language courses


Entry Requirements

Applicants should hold a good Honours degree 2.2 or above in a relevant academic discipline. Applications from candidates with relevant experience will be considered on an individual basis.

Applicants should hold a good Honours degree 2.2 or above in a relevant academic discipline. Applications from candidates with relevant experience will be considered on an individual basis.

English as a Foreign Language: This course requires IELTS of 6.5 overall. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

Applicants should hold a good Honours degree 2.2 or above in a relevant academic discipline. Applications from candidates with relevant experience will be considered on an individual basis.

English as a Foreign Language: This course requires IELTS of 6.5 overall. Pre-sessional English is available if required.

Our International Student Hub offers information on entry requirements for your country, as well as contact details for agents and representatives should you need more advice.

More detail

Tuition Fees

We pride ourselves on offering competitive tuition fees which we review on an annual basis and offer a wide range of scholarships to support students with their studies. Course fees are calculated on the basis of what it costs to teach each course and we aim for total financial transparency.

Starts

Fee


September 2017

May 2017 start - £9,602 | September 2017 start - £10,121 (per year)


May 2018

May 2017 start - £9,602 | September 2017 start - £10,121 (per year)


Scholarships

If you're a truly outstanding undergraduate candidate we may be able to offer you a Coventry University Scholarship. Coventry University Scholarships are awarded to recognise truly exceptional sports achievement and academic excellence.

Starts

Fee


September 2017

May 2017 start - £9,602 | September 2017 start - £10,121 (per year)


May 2018

May 2017 start - £9,602 | September 2017 start - £10,121 (per year)


Scholarships

For the September 2017 and January 2018 intakes, we're investing £1 million into scholarships for high achieving and enterprising students.

Our scholarships are worth up to £10,000 and every student that applies will be considered. Fulfil your potential this academic year with Coventry University!

Starts

Fee


September 2017

May 2017 start - £13,678 | September 2017 start - £14,311 (per year)


May 2018

May 2017 start - £13,678 | September 2017 start - £14,311 (per year)


Scholarships

For the September 2017 and January 2018 intakes, we're investing £1 million into scholarships for high achieving and enterprising students.

Our scholarships are worth up to £10,000 and every student that applies will be considered. Fulfil your potential this academic year with Coventry University!

Career prospects

This Masters course can help lead to careers in the financial services, corporate finance, treasury or banking sectors.

"Typical roles may include financial planners and controllers, treasurers, stock brokers, commodities traders, cash and fund managers, insurance adjusters and other positions in banking and finance. Recent graduates have gone on to work for the likes of HSBC, Boeing and S&P, whilst many others have decided to continue their academic studies in the form of a PhD.

We strongly advise you to take advantage of internship opportunities and work closely with companies across the UK. Lasting between 8 and 12 weeks, this provides an opportunity to gain valuable work experience within the workplace. Students have worked on a range of interesting financial projects for organisations including Tarmac, TNT and National Express in the commercial sector and Islamic Relief, Citizen’s Advice and Garden Organic in the charitable sector. 

If you wish to follow the internship option in Semester 3,  there is a competitive selection process where students are required to attend employabilty workshops delivered by the Faculty's PG Employment Personal Tutor, and then attend an internal panel interview here at the University. If successful, you have the opportunity to apply for internship projects that are sourced by the FBL PG Employer Engagement Manager. It is then the internship provider who decides whether they wish to interview the student, and if they want to make an offer of internship. There is no additional cost to the student.

Coventry University is committed to preparing you for your future career and giving you a competitive edge in the graduate job market. The University's Careers and Employability team provide a wide range of support services to help you plan and prepare for your career."

Where our graduates work

Recent graduates have gone on to work in varied roles, such as a Financial Planning Analyst for City Bank Indonesia, Senior Finance Officer for Royal Jordanian Airlines and Financial Administrator for Bank of China.

Disclaimer

By accepting your offer of a place with us, a Student Contract (“the Contract”) will be formed between you and the University. The Contract will detail all of your rights and also the obligations you will be bound by during your time as a student and will also contain all of the obligations that the University owes to you.  We would encourage you to read the Student Contract before you accept any offer of a place at the University. A copy of the Contract can be found here.