Program Overview
The MSc in Financial Management is a part-time blended learning program designed for professionals seeking to enhance their finance skills for career advancement. Delivered through a combination of online content and face-to-face workshops, it covers core financial concepts and analytical techniques, equipping students with the acumen to succeed in the financial services industry or related fields. The program is developed by the prestigious Alliance Manchester Business School and offers access to extensive databases and learning materials.
Program Outline
Degree Overview:
The MSc in Financial Management is a part-time blended learning program designed for professionals who want to build their knowledge and skills in finance. It is suitable for individuals with no finance experience seeking a career change into the financial services sector, those needing to enhance their finance skills for career advancement in any sector, and those looking to build upon existing finance experience to progress their careers in financial services or related industries. The program aims to equip students with the financial acumen needed to succeed and solve business challenges in any sector while working full-time. It provides a deep understanding of the characteristics and functioning of financial markets in a global context.
Outline:
The program is delivered through a blended learning format, combining online content with face-to-face workshops held twice a year in Manchester, Shanghai, Singapore, Hong Kong, or Dubai. The workshops provide opportunities for networking with peers and the academic team, engaging in experiential learning, and applying theory to real-world business problems.
Course Units:
The program consists of the following modules:
- Accounting Decision Making (15 credits): This module covers accounting conventions and techniques to support organizational decision-making, including management and financial accounting principles.
- Financial Decision Making (15 credits): This module introduces basic finance techniques, focusing on problem-solving in finance contexts. Topics include time value of money, valuation of securities, financing a firm, cost of capital, capital budgeting, risk and returns, and share price behavior.
- Corporate Finance (15 credits): This module focuses on corporate finance, covering cost of capital estimation, advanced capital budgeting techniques, and the choice between equity and debt capital.
- Global Financial Markets and Institutions (15 credits): This module provides an understanding of financial markets and institutions within a global context, emphasizing the role of the financial system, different financial institutions, and the operation of key financial markets.
- Data Analysis and Statistical Techniques (15 credits): This module equips students with statistical and econometric techniques used in finance, including basic econometric tools, hypothesis formulation, and interpretation of statistical and econometric outputs.
- Financial Statement Analysis (15 credits): This module covers strengths, limitations, and developments in contemporary financial reporting, interpretation and assessment of firm performance, and credit and debt analysis to predict financial distress.
- International Financial Management (15 credits): This module focuses on financial decision-making by multinational corporations, covering foreign direct investment decisions, exchange risk and hedging techniques, and political risk measurement and management.
- Quantitative Methods for Financial Management (15 credits): This module builds upon the "Data Analysis and Statistical Techniques" module, introducing sophisticated statistical tools for finance practitioners, including time-series analysis, forecasting, and modeling dynamic interactions between variables.
- Venture Capital and Private Equity (15 credits): This module covers venture capital and private equity, including fundraising activities, identification of investment opportunities, capital allocation, and management of investments to maximize returns.
- Business Models and Financial Strategy (15 credits): This module examines alternative business models, short- and long-term financial decisions, and innovative sources of finance, including fintech.
- Group Research Project (30 credits): This module involves a group research project, requiring students to identify a topic, formulate a plan, collect information and data, select suitable methods, analyze information, and disseminate the results of their study.
Assessment:
Assessment for each unit (excluding the final project) consists of two assessments, which can be individual or group coursework. Online quizzes and activities are used for formative assessment. The final project is a 30-credit group research report, requiring an 8,000-10,000-word assignment adhering to the University's academic standards.
Teaching:
The program is primarily delivered online, allowing students to study flexibly at their own pace. Face-to-face workshops are held twice a year, providing opportunities for experiential learning, interaction with the academic team, and networking with peers. The teaching approach emphasizes practical applications, using problem-solving, case studies, and real-world financial data.
Careers:
The MSc in Financial Management equips students with the skills and knowledge required for successful careers in financial management and related fields. The program provides a balance between theoretical foundations and practical applications, enabling graduates to solve complex business challenges.
Other:
The program is developed and delivered by Alliance Manchester Business School (AMBS), a triple-accredited business school with a global network of over 60,000 alumni. The program leverages access to extensive financial databases and learning materials. The workshops are held at prestigious locations across the world, including Manchester, Shanghai, Singapore, Hong Kong, and Dubai.
The course fee is £21,000 for those joining the course in September 2024. The fee covers your tuition.
