Global Financial Trading MSc

 

Course Code

LONT071 LONT072 (with Extended Professional Practice)

Location

Coventry University London (City of London)

 

Study mode

Full-time
Part-time

Duration

1 year full-time
2 years part-time
18 months Extended Professional Practice

Start date

September 2022
January 2023


Course overview

Study level: Postgraduate

Explore the environment of the financial trading sector, helping you to build the quantitative and qualitative skills you need to work strategically within it.

Trading is at the core of global financial markets and covers a broad spectrum of activities, from arbitrage and market making by individual traders to proprietary trading by financial institutions. An understanding of global economic fundamentals, of market behaviour analysis, technical indicators, algorithmic trading and quantitative portfolio management is essential to be a successful trader.

  • Explore the main theories of economics and finance and work with economic and financial data to examine how different activities and external events affect the world.
  • Gain practical exposure and hands on experience in the art of trading by exploring the behaviour of global financial markets, on our dedicated, simulated trading floor.
  • Study on a course which has been devised in close collaboration with city financial traders and informed by the advice of practitioners in this field.
  • Apply to study our Global Financial Trading MSc with Extended Professional Practice route, an 18-month option aimed at individuals who are looking to attain a deeper understanding of business in a very practical way.
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Global ready

An international outlook, with global opportunities

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Teaching excellence

Taught by lecturers who are experts in their field

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Employability

Career ready graduates, with the skills to succeed

Why you should study this course

  • Industry-standard technology

Traders depend heavily on technology for research, modelling, decision-support and portfolio-tracking. You’ll receive exposure to industry-standard software and technical tools such as Bloomberg Terminals, S&P Capital IQ and their integration into Python, R & Excel. You are also encouraged to study for the Bloomberg Market Concepts qualification to enhance your employability.

  • London location

Our location in the City of London means we are at the heart of the number one global finance and asset management city. You will be studying on the doorstep of the finance and asset management industries where you will have many opportunities for access to current market participants, placements2/employment and continuing personal development with financial employers.

  • Industry insight

You’ll be taught by highly qualified industry-experienced academics with sound finance knowledge who are qualified academically and professionally (staff are subject to change). You’ll also have the opportunity to attend tailored talks by experts from academia, the City of London and the real world of finance and investment touching various areas of finance and leadership.

  • Prepare for your future

This is a professionally focused programme which has been devised in close collaboration with industry experts and informed by the advice of the highest-level practitioners in this field. There is a strong focus on ethics and professional conduct. You’ll have many opportunities to mix with employers and to build your CV. Should you wish to start your own business, we offer business start-up advice and support through our Enterprise Hub.

  • Real-world experience

This course offers the opportunity for you to undertake an internship2 in different aspects of finance with reputable companies in industries attractive to students and with whom the university has existing relationships. You also have the opportunity to apply for our Global Financial Trading MSc course with Extended Professional Practice. This is an 18-month option and is aimed at individuals who are looking to attain a deeper understanding of business in a very practical way. You are expected to spend twenty-two weeks at one (or more) work setting(s) and will have the opportunity to apply theory to practice. Find out more about our Extended Professional Practice study option.

Immerse yourself in Coventry University London’s global community and emerge as a talented, career-ready graduate with an international outlook.

The modules were the ideal balance each semester so that students like myself could comprehend and explore various subjects while working toward their absolute favourites through internships in the following semesters. My class included students from all around the world, with varying degrees of experience and a healthy competitive spirit, making class all about the worldwide experience.

Aayushi Srivastava, MSc Global Financial Trading with Extended Professional Practice student, quoted in 2021
Aayushi Srivastava

An enriching time at university

Haris is an ACCA candidate from Lahore studying Global Financial Trading MSc with Extended Professional Practice at Coventry University London. After completing his course, Haris aspires to work in an investment bank as a successful analyst.

Read Haris' story
London skyline with red bus

What you'll study

This course aims to offer hands-on experience in the art of trading. This practical dimension is underpinned by a solid grounding in the behaviour of global financial markets, the principles of equity trading and evaluation, bond trading and financial derivatives, stock markets in emerging economies, and proprietary trading. This course can be carried out over one academic year (full-time), or over two academic years (part-time).

Your main study themes are:

  • Change
    The recent financial crisis has led to fundamental economic, social, technological and geo-political changes, and the emergence of new and different realities in the markets. To respond effectively, traders, managers and leaders must develop very different patterns of thinking and behaviour.
  • Decision support
    Successful trading depends on making the right decisions at the right time – which depends, in turn, on being able to access and analyse the right information.
  • Managing risk
    Risk and reward are two sides of the same coin. Therefore, to achieve rewards, you must identify, assess, model and mitigate risk – and you must also master the various tools, including technology, which will help you.
  • Ethics
    The crisis has also led to greater ethical scrutiny of trading in order to avoid a repeat of the morally dubious/illegal conduct which came to light; for example, trading sub-prime mortgages bundled into securities; trading financial instruments too complex to understand; and banks rigging interest rates in their favour.

Modules

  • The aim of the module is to enhance your knowledge in the theories, tools and methods of modern economics, together with the application of these methods to the critical analysis of economic problems. This module is designed to introduce you to economic theory and policy. 

    Compulsory

  • This module aims to provide you with the necessary quantitative skills to pursue empirical research in the areas of accounting, finance and economics. It provides the opportunity to study and reflect upon a range of quantitative techniques, statistics inference, econometrics skills and research methodologies to interpret, evaluate and perform an empirical finance research.

    Compulsory

  • This module aims to provide you with an exposition on equity investments and financial markets that will take you from the basic concepts, strategies, and fundamentals to a more detailed understanding of the markets, advanced strategies, and models. By the end of this module, you will have a critical understanding of stock selection, portfolio and performance management.

    Compulsory

  • The aim of this module is to provide you with a bond and debt management exposition that will take you from the core bond investment theories and fundamentals to a more detailed understanding of the markets and advanced strategies. This module helps you to develop the relevant knowledge and understanding of fixed income instruments and interest rate models for those aiming for a career in the fixed income field. 

    Compulsory

  • The goal of this module is for you to integrate statistical tools with your studies and research that are useful in conducting empirical elements of research in finance. The focus of the module is on the use of data and econometric analysis to answer real-world questions and examine financial theory.  

    Compulsory

  • Main aim of this module is to provide a skill set to devise and execute powerful algorithmic trading strategies from scratch. You will learn back-testing, paper trading and finally real trading for the algorithmic strategies that you have created from scratch. 

    Compulsory

  • The module introduces you to stochastic calculus. From this foundation, it implements probabilistic and stochastic models and introduces you to discrete-time and continuous-time stochastic processes. Stochastic models are then used to study the underlying parameters of analytical valuation models such as the Black-Scholes-Merton option pricing model, and interest rate models. 

    Compulsory

  • This module provides the essential knowledge of derivative securities, and alternative investments which constitute the basic products and strategies used within Banking, Investment Management and by Alternative Investment Managers. This module explores, describes, and analyses the characteristics of commonly used financial derivative securities (e.g. forwards and futures contracts, options, and swaps) and alternative instruments which include private equity, real estate, hedge funds, commodities, and infrastructure. 

    Compulsory

  • Choose one of the following:  

    Dissertation (60 credits)

    The aim of this module is to provide you with the opportunity to undertake a substantive piece of independent research, integrating research skills development and extending your knowledge and experience to a specialist area. The Dissertation topic may arise from the literature relating to the course of study. Alternatively, it may relate it to current/past work experience. You may be able to use the research topic that was developed in other modules and can be further developed through discussion with the Dissertation Supervisor. The topic selected will need to be appropriate to the course of study, logistically feasible, adequately resourced and will adequately address ethics, safety and any required permissions. Therefore, you and your supervisor will need to invest some time in thinking about the chosen area and topic for research.

    Internship and Consulting Project* (60 credits)

    The internship consulting project offers you a unique opportunity to apply for practical, meaningful and hands-on work experience, to learn how to work collaboratively with others and obtain a better perspective of careers within the field of Accounting, Finance and Economics. The aim of this module is to develop work-related knowledge, skills and capabilities necessary to pursue further career-related opportunities related to your subject area. The internship consulting project should allow you to put into practice, in a professional environment, the skills and knowledge gained throughout your postgraduate studies. This module will also enhance your own understanding of your working practice, time management, and develop your critical and self-reflective awareness through reflecting on your own learning and personal development in a strategic, analytical and autonomous way. Academic supervisors will guide you through the process, and you will have meetings to review progress and provide a space for critical reflection and feedback. You will work independently, whilst being clearly provided with support through every stage of your journey, including through directed formative submissions. Altogether, you will be able to develop a meaningful project, demonstrating and applying skills attained during the course of your studies at Coventry University London.

    Simulation Project (60 credits)

    The Simulation module is an action-based learning module, in which you have the opportunity to act as a professional in the field of accounting, finance and economics in a simulated business environment; making business decisions and seeing the results (real time) in a highly competitive environment over several rounds of simulation representing business years. The Simulation module creates a platform that provides you with the real experience on your learning journey by introducing you to an environment where you actively engage in deep learning through anticipating outcomes and observing the effects of the decisions and business choices you make. The module helps you to learn, to reflect and refine your knowledge by actively engaging in group business review facilitated by your supervisor. This review process helps to reinforce learning derived from application of theoretical framework/models /concepts explored in earlier terms.

    Compulsory

  • This pathway includes the option to study for the MSc with Extended Professional Practice (EPP), with an extended period of internship. This is an 18-month option and is aimed at individuals who are looking to attain a deeper understanding of business in a very practical way. You are expected to spend twenty-two weeks at one (or more) host employer or campus-based setting(s) and will have the opportunity to apply theory to practice. Find out more about our Extended Professional Practice study option.  

    Extended Professional Practice 1 (0 credits)

    This is a compulsory module on MSc courses with Extended Professional Practice. This non-credit bearing module, together with Extended Professional Practice 2 will provide students on Extended Professional Practice MSc courses with a substantive professional experience. This will take the form of either an internship with a host organisation*, or a campus-based professional experience. This experience will support the development of your personal and professional skills, such as communication, team-working, self-management, project management and critical reflection to enhance their future employability. You will be expected to augment your previous learning and experiences in order to develop your knowledge and skills of professional practice in your chosen subject area. This module will also provide you with the necessary experience and focus on completing the project report for Extended Professional Practice Project.

    Please note: It is recommended that work experience during Extended Professional Practice 1 module should be at least 11 weeks in length and full time. Approval of work settings by the Talent Team beforehand is mandatory, to be evaluated on its own individual merit, and achievement of the professional practice’s learning and development objectives. All students, regardless of internship length, must adhere to attendance monitoring requirements throughout the course.

    Extended Professional Practice 2 (0 credits)

    This is a compulsory module on MSc courses with Extended Professional Practice. This non-credit bearing module is a continuation of Extended Professional Practice 1, providing students on an Extended Professional Practice MSc courses with a substantive professional experience. This will take the form of either a continuation of the internship* with a host organisation, or the campus-based professional experience. This module aims to provide you with further professional experiences, building on knowledge and skills, previously gained, consolidating and refining your personal and professional skills, theory and practice and further enhance your future employability. You will be expected to augment your previous learning and experiences in order to develop additional knowledge and skills of professional practice in your chosen subject area. As with the Extended Professional Practice 1, this module will also provide you with the necessary experience and focus on completing the project report for Extended Professional Practice Project.

    Please note: It is recommended that work experience during Extended Professional Practice 2 module should be at least 11 weeks in length and full time. Approval of work settings by the Talent Team beforehand is mandatory, to be evaluated on its own individual merit, and achievement of the professional practice’s learning and development objectives. All students, regardless of internship length, must adhere to attendance monitoring requirements throughout the course.

    Extended Professional Practice Project (60 credits)

    This is a compulsory module on MSc courses with Extended Professional Practice. This module aims to integrate theory and practice either through undertaking an Extended Professional Practice or campus-based project in an area relevant to the subject being studied. This will have involved you working on an organisational issue either within a host organisation* or on campus addressing a project brief, as part of the Extended Professional Practice modules 1 and 2.

    The module fits with the individual courses’ aims and learning outcomes in that it helps you to integrate your learning across subject specific taught modules within a real business setting. Moreover, the knowledge and understanding gained within the organisational setting will help you to further develop your subject knowledge and understanding when writing the final report. To be successful in your studies but also in your later career, the module aims to equip you with a range of cognitive, practical and transferable skills, including self-reliance skills, interpersonal, leadership and communication skills, in particular the ability to explain complex information in a clear way, numeracy, digital literacy, a lively and enquiring mind with a logical approach to work, creative problem-solving skills and business acumen. This is in line with current expectations by employers surveyed by professional bodies and with recent research on skills requirements in the future workplace. You will further develop your skills as you undertake a reflection of your experiences during the internship or campus based project as part of the final assignment. Apart from increasing your knowledge and understanding, this module also aims to develop you into an ethical, responsible individual that collaborates successfully with and leads others from diverse cultures and backgrounds to achieve shared goals, demonstrating global citizenship and social responsibility.

    Optional

Placement experiences

Our strong global business connections provide students with access to real-life work experience, so you can put your skills into practice and make connections in the world of work.


How you'll learn

Although your studies will be underpinned by solid academic theory, this course has been designed to provide every opportunity to apply what you’ve learned to real business contexts. You’ll use the industry-standard technologies of the trading desk to research and analyse market information and to execute simulated trades.

  • Teaching methods may include live classes, textbooks, workshops, debates, case studies, consultancy projects, simulations and online collaborations.
  • You’ll have opportunities to enjoy field trips, tours, guest lectures and visits to businesses and institutions in the UK and overseas. For example, you might visit the Bank of England, the London Stock Exchange – or even Wall Street.
  • Make the most of extra free self-learning resources such as Bloomberg Market Concepts (BMC) - a library of e-learning courses. To earn the BMC Certificate, you must complete all online learning resources covering financial markets and familiarise yourself with over 100 Bloomberg terminal functions (around 8 hours).
  • Continue your learning outside of the classroom by joining one of our Student Union societies such as the Accounting, Finance and Economics society or the Banking and Finance society.
  • You could also take part in ourHigh Flyers programme, to help you develop the personal and professional skills necessary to thrive in a rapidly changing world, through a suite of extra curricula, non-course specific workshops.

This course can be offered on a part-time basis. Whilst we would like to give you all the information about our part-time offering here, it is tailored for each course each year depending on the number of part-time applicants. Therefore, the part-time teaching arrangements vary. Please contact registry.london@coventry.ac.uk for more information about studying this course part-time.


Teaching contact hours

You will typically receive around 12 hours of contact teaching per week. The contact hours may be made up of a combination of face-to-face teaching, individual and group tutorials, and online classes and tutorials. In addition, you will be expected to undertake a significant amount of self-directed studying and revising in your own time each week, which may include, for example, guided study using hand-outs, online activities.

As an innovative and enterprising institution, the University may seek to utilise emerging technologies within the student experience. For all courses (whether on-campus, blended, or distance learning), the University may deliver certain contact hours and assessments via online technologies and methods. In response to the Covid-19 pandemic, we are prepared for courses due to start in or after the 2022/2023 academic year to be delivered in a variety of forms. The form of delivery will be determined in accordance with Government and Public Health guidance. Whether on campus or online, our key priority is staff and student safety.


Assessment

Your performance will be assessed continually throughout the course. This helps to ensure that both you and your tutors understand your particular talents while recognising where you might need extra support. Besides sitting exams, you’ll experience highly applied and practical assessments which reflect the kind of work which goes on in the workplace. You’ll have opportunities to work on software simulations, consultancy projects, group projects and debates, presentations, business reports and even work experience placements2. Assessments will include the use of Bloomberg terminals, Python, R and its many data analysis libraries and integration interfaces. The practical nature of these assessments means you will develop increasingly critical awareness of your own performance, and that of others – a vital career skill.

The Coventry University Group assessment strategy ensures that our courses are fairly assessed and allows us to monitor student progression towards the achieving the intended learning outcomes.


International experience opportunities

This course takes a globalised approach to the curriculum, placing your learning in the context of international challenges, opportunities and regulatory frameworks. It will prepare you for working globally, whether overseas, or for a multi-national, or for a firm which trades internationally. You will have the opportunity for an international field trip2, and you could also arrange to do either a consultancy project or an internship (as part of your final major project) overseas. You may benefit from studying alongside a truly international cohort of students, learning from the perspectives they bring while developing your own ability to work cross-culturally.

Please note that all international experience opportunities may be subject to additional costs, competitive application, availability and meeting applicable visa and travel requirements are therefore not guaranteed.


Job ready

On successful completion of this course, you will be able to:

  • Demonstrate the ability, knowledge and skills to be competent trader, analyst, risk manager, banking professional, financial engineer and effective leader of international organisations in the rapidly changing financial services environment
  • Understand the core business, financial disciplines and methods of working in the financial sector, and be able to apply these in practical contexts
  • Use powers of analysis, strategic approaches and communication skills to meet analytical and leadership challenges of the rapidly changing financial services industry
  • Appraise the current and future environments in which companies operate, as well as develop a competitive, strategic response
  • Define, investigate, analyse, evaluate and respond to tactical and strategic issues of concern to organisations in the financial industry
  • Adopt an analytical and creative approach to problem solving through independent judgement and critical self-awareness, working as individuals or as part of a team
  • Communicate ideas clearly, demonstrating a capacity for logical and coherent thinking
  • Manage your own learning and self-development and use a range of personal skills and competencies that will enable you to operate effectively in your industry.

Entry requirements

An honours undergraduate degree (minimum 2.2) in Accounting, Finance, Economics or any other area with a strong quantitative background or equivalent is required.

Other applications, where the entry requirements have not been met but professional qualifications (equivalent to level 6) can be evidenced, will be considered on a case-by-case basis. Finance related work experience in private, public or third sectors (a minimum of two years would be desirable) will be considered on a case-by-case basis.

We recognise a breadth of qualifications, speak to one of our advisers today to find out how we can help you.

Chat with UK admissions

The course is subject to the Coventry University London’s admission procedures and access policies. To be accepted for the course students must normally possess:

  • 2:2 classification UK bachelor’s degree or equivalent
  • Acceptable subjects: A wide range of subjects accepted in Economics, Accounting and Economics, Finance, Engineering
  • Required module areas: Evidence of quantitative study e.g. accounting, economics, finance, maths, management sciences or engineering.
    Other subjects considered if quantitative ability can be demonstrated.

It is recognised that some applicants may possess more than one of the above. Students with strong quantitative background through Science, Technology, Engineering and Mathematics (STEM) are particularly encouraged to apply.

Select your region to find detailed information about entry requirements:

You can view our full list of country specific entry requirements on our Entry requirements page.

If you do not have the typical entry requirements, you may want to consider studying this course with the International Pathways Programme. Upon successful completion our International Pre-Master's - Business will provide you with the knowledge and skills you need to progress onto this postgraduate degree.

Alternatively, visit our International hub for further advice and guidance on finding in-country agents and representatives, joining our in-country events and how to apply.

English language requirements

  • IELTS: This course requires IELTS of 6.5 overall, with at least 5.5 in each component area. Pre-sessional English is available if required.

If you don't meet the English language requirements, you can achieve the level you need by successfully completing a pre-sessional English programme before you start your course. 

For more information on our approved English language tests visit our English language requirements page.

Chat with International admissions


Fees and funding

2022/23 Tuition fees

Student Full time Part time
UK £14,550 | £19,350 (Extended Professional Practice) per year Not available
International £18,250 | £19,350 (Extended Professional Practice) per year Not available

For advice and guidance on tuition fees3 and student loans visit our Postgraduate Finance page.

We offer a range of International scholarships to students all over the world. For more information, visit our International Scholarships page.


Facilities

Our Global Financial Trading MSc students have access to a wide range of facilities4 to help you become proficient with some of the leading technology in the financial industry, and prepare for the world of work.

Take a virtual tour of our campus to explore all of the facilities available to you.

bloomberg terminal keyboard

Bloomberg Trading Floor

Our Trading Floor has been created to reflect the environment where traders work on the London Stock Exchange. It contains Bloomberg Terminals, which provide access to real-time global financial data, which students learn how to use through teaching and simulated projects.

female delivering a presentation holding a laptop

Standard & Poor Market Intelligence Suite (S&P) 

The S&P Suite contains some of the same software used by Wall Street. Its databases and tools can help you track performance, identify investment ideas, and keep up with industry news and insights.

recruitment session two ladies and one man

The Talent Team

Need employability support? Our dedicated Talent Team are on hand to help. They can assist you in applying for work placements, graduate level jobs and offer skills development workshops. They also organise networking events to introduce you to potential employers and industry contacts.


Careers and opportunities

Our MSc Global Financial Trading and MSc Global Financial Trading with Extended Professional Practice course aims to equip graduates with a set of highly employable behaviours, attitudes and competencies (technical skills: quantitative, analytical, regulatory and soft skills: problem-solving, creativity, communication, team-working, agile) which are in high demand among employers and are indispensable qualities within the financial industry, not only in the UK but worldwide.

Typical career routes for graduates from this course could include (but not limited to): Algorithmic trading, investment and credit analysts; risk management; portfolio managers; financial analysts; corporate financiers; asset management; trading and brokerage; working for international financial and government institutions and academia, including further PhD study.

Where our graduates work

Previous graduates have gone on to work at CitiBank, IBM, in investment management, trading houses, or have gone on to study for a PhD in financial computing.

I applied for this course because I wanted to have a worldwide perspective on the financial sector. Over the last 1.5 years, I've learned more about myself and focused down my areas of interest. I worked two separate internships during the internship term in order to figure out what was right for me and what wasn't. This helped me prepare for the job opportunities I'm currently pursuing.

Aayushi Srivastava, MSc Global Financial Trading with Extended Professional Practice student, quoted in 2021
Aayushi Srivastava

Student experiences

Our students are at the heart of everything we do here at Coventry University London. Hear about Hitanshu, Shaikh, Amrin, Hani and Philippine’s experiences of studying with us in the City of London.


How to apply

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  • 1Accreditations

    The majority of our courses have been formally recognised by professional bodies, which means the courses have been reviewed and tested to ensure they reach a set standard. In some instances, studying on an accredited course can give you additional benefits such as exemptions from professional exams (subject to availability, fees may apply). Accreditations, partnerships, exemptions and memberships shall be renewed in accordance with the relevant bodies’ standard review process and subject to the university maintaining the same high standards of course delivery.

    2UK and international opportunities

    Please note that we are unable to guarantee any UK or International opportunities (whether required or optional) such as internships, work experience, field trips, conferences, placements or study abroad opportunities and that all such opportunities may be subject to additional costs (which could include, but is not limited to, equipment, materials, bench fees, studio or facilities hire, travel, accommodation and visas), competitive application, availability and/or meeting any applicable travel COVID and visa requirements. To ensure that you fully understand the visa requirements, please contact the International Office.

    3Tuition fees

    The University will charge the tuition fees that are stated in the above table for the first Academic Year of study. The University will review tuition fees each year. For Home Students, if Parliament permit an increase in tuition fees, the University may increase fees for each subsequent year of study in line with any such changes. Note that any increase is expected to be in line with inflation.

    For International Students, we may increase fees each year but such increases will be no more than 5% above inflation. If you defer your course start date or have to extend your studies beyond the normal duration of the course (e.g. to repeat a year or resit examinations) the University reserves the right to charge you fees at a higher rate and/or in accordance with any legislative changes during the additional period of study.

    4Facilities

    Facilities are subject to availability. Due to the ongoing restrictions relating to COVID-19, some facilities (including some teaching and learning spaces) may vary from those advertised and may have reduced availability or restrictions on their use.

    Student Contract

    By accepting your offer of a place and enrolling with us, a Student Contract will be formed between you and the university. The 2022/23 Contract is currently being updated so please revisit this page before submitting your application. The Contract details your rights and the obligations you will be bound by during your time as a student and contains the obligations that the university will owe to you. You should read the Contract before you accept an offer of a place and before you enrol at the university.