Global Financial Trading MSc 2019/20 entry

Course code:

LONT031
LONT048 (with Professional Practice)

Study options:

1 year full-time
18 months Extended Professional Practice
2 years part-time (UK/EU only)

Location:

Coventry University London

Starting:

September 2019

 

Fees:

£11,867
£12,450 (with professional practice)

Find out more

Faculty:

Coventry University London


Get in touch

Coventry University London

+44 (0) 20 7247 3666


info.london@coventry.ac.uk

Overview

This programme is aimed at students with a strong interest in financial trading in integrated financial markets. You will focus on trading and the behaviour of global financial markets through the use of an on campus simulated trading floor, which provides practical exposure and hands-on experience in the art of trading.

In addition, you will gain career ready business skills that are sought after by employers, including teamwork, communication, presentation and leadership skills.

This course provides students with the practical skills necessary to effectively lead in the fast-paced world of the global markets.

Extended Professional Practice

This MSc course is now available with Extended Professional Practice. This 18-month option is aimed at students who are looking to develop a deeper understanding of business in a very practical way. You will undertake two Professional Practice modules which will take the form of either an internship with a host organisation, or a campus-based professional experience. Students are expected to spend twenty-two weeks at one (or more) work setting(s), and will have the opportunity to apply theory to practice. After completing the extended professional practice students are required to produce a substantial problem-based piece of individual written work.

Why Coventry University London?

We believe that there is no better place to learn about business than to study in the heart of one of the most successful business and financial centres in the world. Launched in 2010 and located in the City of London, we are minutes away from the Bank of England and the London Stock Exchange, and are surrounded by several blue chip companies.

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

Heart of the City

Minutes from the Bank of England and Stock Exchange

What our students say...

The teaching has real contextual relevance in the field of business studies and finance, immediately transferable into a professional career within financial trading. I now work in Abu Dhabi for one of the world’s leading financial advisory organisations.

Aleksandar Kling, graduate

Course information

You’ll develop a thorough understanding of how the markets work, enabling you to make money, while understanding where the pitfalls lie and how best to avoid them.

‘Trading’ covers the selection, purchase and sale of financial securities, and is at the core of global financial markets. Its activities range from arbitrage and market-making by individual traders to proprietary trading by financial institutions. To be a successful trader, and to lead trading desks or departments, you need an understanding of trading economics, global economic fundamentals, market behaviour analysis, technical indicators and algorithmic trading.

Using our on-campus simulated trading floor, this course offers 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.

Course Specification
Download PDF (643 KB)

Modules

Overview

The course considers the principles of global financial markets, the systems used, and their impact across a broad range of contemporary management concerns. It is designed to be intensive and demanding, reflecting the high-pressure yet exciting atmosphere of the global markets and their trading desks.

Modules

  • Ethics and Quantitative Methods

    Ethics define a profession: explore contemporary issues of ethics in trading and the increasing need to respond to scrutiny.

  • Financial Reporting and Analysis

    Interpreting a company’s balance sheets, income statements and cash flow statements is the basis for smart investment choices.

  • Trading Economics

    Learn the connections between microeconomics, macroeconomics and financial markets, and how to interpret and forecast.

  • Global Financial Markets

    Learn how trading on the financial markets is used to set prices for global trade, raise capital, and transfer liquidity and risk.

  • Valuation of Securities and Equity Trading

    Learn a range of instruments for financing and investment, plus trading mechanisms and the investment process for securities.

  • Stochastic Finance

    Bringing together statistics, mathematics and modelling to develop better trading strategies while mitigating risk.

  • Algorithmic Trading

    Unique to our university, this module explores the use of computer algorithms to automate fast and effective trading strategies.

  • Empirical Finance and Accounting Research Methods

    Learn to use financial economics and econometrics and the most relevant research techniques for accounting and finance.

  • Financial Derivatives Trading: Options, Futures and Swaps

    A deep understanding of the complexities and risks is vital for avoiding banking disasters – as we saw in the global economic crisis.

  • Final Term Project Options (without Extended Professional Practice)

    Choose one from the following:

    Dissertation

    Take a more academic approach by producing a major piece of writing on a topic relevant to global trading.

    Internship

    Your opportunity to do a term’s work experience in industry, producing a substantial piece of accompanying work.

    Individual or Group Consulting Project

    Undertake a significant project advising a real client on a trading issue, working independently or as part of a team.

    Financial Trading Simulation Project

    Apply your trading skills to a software-based trading simulation called PORT; you will load a portfolio and manage its progress.

  • Extended Professional Practice

    Postgraduate Professional Practice 1

    Postgraduate Professional Practice 2

    Postgraduate Professional Practice Project

In more detail...

  • This course has very high levels of student satisfaction
  • You’ll develop your trading skills using the same financial trading and analysis software as is used in the industry, helping you to be workplace-ready when you graduate
  • Your learning will cover the most up-to-date, advanced skills which are in high demand among employers, including stochastic finance, computational trading and algorithmic trading (in fact, this is the only master’s course in the UK to teach algorithmic trading)
  • There are opportunities for internships, live consultancy projects, fields trips (including to leading London institutions plus financial centres overseas), contact with City-based strategic business partners, business networking, and guest lectures from high-flying traders
  • You’ll have the chance to participate in national and international financial trading competitions
  • You’ll be taught by tutors with extensive experience in global financial trading and who are highly qualified both academically and professionally – for instance, as chartered accountants, chartered financial analysts and financial risk managers
  • Should you wish to start your own business, we offer business start-up advice and support during the course.

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.

Coventry University has been awarded ‘Gold’ in the government’s Teaching Excellence Framework, so you can expect to benefit from exceptional teaching here at our London campus. Your tutors are all experienced and highly qualified, both as academics and in industry, and will mercilessly exploit their ‘little black books’ of contacts in order to create learning opportunities for their students.

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. You’ll also have the option to do work experience, an internship, a live consultancy project for a real client, or a realistic business simulation.

Your tutors will arrange a variety of exposures to the world of trading, both within and beyond the classroom. 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.

You’ll also be expected be a highly motivated independent learner. You’ll be encouraged to make the most of all the opportunities afforded by London’s financial districts, including the City of London and Canary Wharf. You could take advantage of tours, museums, exhibitions and conferences. Since this is an intensive programme, a significant proportion of your time should be dedicated to personal study, a lifelong skill which will serve you well throughout your career.

Teaching methods may include:<br> Lectures, seminars, textbooks, workshops, debates, case studies, consultancy projects, simulations, business plans, online collaborations

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 placements. Assessments will include the use of Excel and its many data analysis tools 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 course aims to prepare students to:

  • Adopt and articulate the highest ethical and professional standards.
  • Understand the impact of external factors on global finance and trading organisations – such as legal and regulatory systems; ethical, economic, environmental, social and technological change issues; international developments and corporate governance.
  • Identify, measure and manage risk within global financial markets.
  • Analyse and evaluate financial assets using a range of asset pricing-models and tools, while critically assessing their assumptions and limitations
  • Apply financial models to consistently and objectively evaluate return rates on risky assets and their derivatives.
  • Use a range of effective research techniques, both qualitative and quantitative, while fully understanding the strengths, weaknesses and limitations of each.
  • Make the most well-informed decisions possible against a backdrop of organisational and economic uncertainty.
  • Use appropriate decision-making techniques including identifying, formulating and solving business problems; identifying and evaluating options; and implementing and reviewing decisions.

This course takes a global perspective across the syllabus. You’ll study subjects such as ethics, economics, financial reporting, price-setting, raising capital and investment within their global context. You’ll build experience of busy, internationalised workplaces and of people from a wide range of cultural backgrounds.

You’ll have the opportunity to do an internship or live consultancy in your final term, which you could arrange to do overseas. You’ll also be offered a field trip to a financial centre abroad. Studying as part of an international cohort should not be underestimated: you will learn from the global perspectives which each student brings, and from learning to work effectively across cultures.

What our students say...

The teaching has real contextual relevance in the field of business studies and finance, immediately transferable into a professional career within financial trading. I now work in Abu Dhabi for one of the world’s leading financial advisory organisations.

Aleksandar Kling, graduate

Entry Requirements

A second class honours degree (2:2) or equivalent, in a relevant subject.

Applications from candidates with relevant experience will be considered on an individual basis. Work experience is desirable but not essential.

A second class honours degree (2:2) or equivalent, in a relevant subject.

Applications from candidates with relevant experience will be considered on an individual basis. Work experience is desirable but not essential.

English as a Foreign Language: This course requires IELTS of 6.5 or equivalent. 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

A second class honours degree (2:2) or equivalent, in a relevant subject.

Applications from candidates with relevant experience will be considered on an individual basis. Work experience is desirable but not essential.

English as a Foreign Language: This course requires IELTS of 6.5 or equivalent. 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

What our students say...

The teaching has real contextual relevance in the field of business studies and finance, immediately transferable into a professional career within financial trading. I now work in Abu Dhabi for one of the world’s leading financial advisory organisations.

Aleksandar Kling, graduate

Starts

Fee


September 2019

£11,867
£12,450 (with professional practice)


Scholarships

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

Starts

Fee


September 2019

£11,867
£12,450 (with professional practice)


Scholarships

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

Starts

Fee


September 2019

£14,509
£16,700 (with professional practice)


Scholarships

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

Flying Start

Included in the fees:

  • Specified core textbooks
  • Any mandatory UK residential field trips
  • Any mandatory UK site visits and trips
  • 1,000 sides of black and white laser prints

Additional costs not included in the fees:

You may have the opportunity to participate in non-mandatory field trips in the UK and abroad. These visits are not included in the programme fee and prices will vary depending on the location of the field trip.

What our students say...

The teaching has real contextual relevance in the field of business studies and finance, immediately transferable into a professional career within financial trading. I now work in Abu Dhabi for one of the world’s leading financial advisory organisations.

Aleksandar Kling, graduate

Career prospects

This course will help you to become a smart and agile trader, able to make fast decisions leading to well-informed and well-executed trades which adhere to the relevant ethical and regulatory frameworks.

You will graduate with a set of highly practical and well-applied skills which are in great demand within the global financial markets. You will demonstrate well-developed powers of analysis, clear perspectives on strategy and strategic thinking, and effective research and communication skills.

You’ll be well-versed in the principles of equity trading and evaluation, bond trading, and financial derivatives, with a good understanding of the economic, financial, social and technological contexts of trading. Successfully completing this course means you’ll have unrivalled competitive advantage in the global finance employment market.

Where our graduates work

When you graduate, you might go to work for a hedge fund, an investment bank, a brokerage or an insurer, working in trading, investments, passing to market, risk-consulting or data analytics.

If you work as a trader, you might specialise in a particular area – such as shares, fixed-interest bonds or forex markets. You could work as a flow trader, buying and selling securities, futures, options and commodities on behalf of clients. You might instead work in proprietary trading, on behalf of the organisation you work for (or yourself). Or you might be a sales trader, placing orders for clients.

Other options will also be open to you; you might be interested in working for a company which doesn’t trade but which supports, analyses or supplies those that do; for example, a technology company, a publisher, or a research, media or news outlet. Alternatively, you might want to start your own business.

What our alumni say

“I wanted to work for Bloomberg when I graduated, and the university’s Employability Team gave me a lot of support with my application. I’ve now been with Bloomberg for three years! I’d recommend this course to anyone.”

Agathe Silvagni, Data Analyst at Bloomberg
Coventry University ranked 15 in the UK
Coventry University awarded TEF GOLD Teaching Excellence Framework
University of the year for student experience
QS Five Star Rating 2019
Coventry City of Culture 2021