Modules

• Applied Corporate Finance (15 credits) - Compulsory

  The aim of this module is to develop an understanding of the major issues in corporate finance. In particular you will develop your ability to analyse corporate finance issues, apply finance theories to deal with practical issues in corporate finance and investigate emerging issues and contemporary trends in the field.

• International Financial Markets (15 credits) - Compulsory

  This module aims to provide an overview of the nature and operation of international financial markets and their traded instruments. You are introduced to the organisation of the international financial system, the markets for foreign exchanges, stocks, bonds, commodities, and the risks and opportunities offered in these markets and systems. You gain essential knowledge for their future career in business, especially in the financial sector.

• International Risk Management (15 credits) - Compulsory

  This module aims to equip your with knowledge essential to critically engage with modern financial risk management theory and practice undertaken by both financial and non-financial institutions. It offers advanced study of key issues, including categories of managed financial risk, the arbitrage-free theory of spot-forward price relations, valuing optionality in a financial risk environment, a comparison of over-the-counter and exchange-traded risk management arrangements, the limitations of risk management techniques and the evolving regulatory environment. You will be able to develop risk modelling skills, analytical and quantitative skills through engagement with current market data on Bloomberg Financial Database and Capital IQ.

• International Financial Regulation (15 credits) - Compulsory

  This module allows you to develop an understanding of the process of financial risk regulation in domestic and international banking. You will have the opportunity to develop skills in banking risk management practice, including knowledge of financial instruments used by financial institutions to manage credit, operational, and market risk. The module will place a strong emphasis on the knowledge of existing international regulatory frameworks, such as the Basel Capital Accords, the European Capital Directives. You will analyse the impact of international financial regulation and accounting standards on emerging markets.

• Banking Theory and Practice (30 credits) - Compulsory

  This module aims to build your knowledge of banking as preparation for more further study. You will approach banking from an economic perspective with an aim to:

  • explore the complexity and integrated nature of financial systems
  • identify and assess different systems of allocating funds for economic development
  • develop your ability to apply introductory risk management tools and techniques in banking
  • investigate emerging issues and contemporary trends in banking theory and practice.

• Applied Financial Econometrics (15 credits) - Compulsory

  This module deals with basic statistical methods and explores the application of these methods to analytical models in finance. You will gain the analytical and programming skills necessary to pursue empirical studies in finance. You will also be encouraged to use previous knowledge in statistics and computer programming.

• Managerial Accounting (15 credits) - Optional

  This module provides a critical understanding of management accounting techniques and practices and their relevance to contemporary business. The relevant concepts and theories, together with a range of emerging issues will be presented and critically evaluated.

• Fixed-Income Securities (15 credits) - Optional

  This module deepens your knowledge and practical understanding of fixed income products and their pricing mechanics. The module will also incorporate new developments in fixed-income derivatives such as mortgage-backed securities, collateralised debt obligations, and other structured fixed-income financial products. You will have the opportunity to use the Bloomberg Financial Database in learning the concepts, valuation principles and application of financial derivative products.

• Data Mining (15 credits) - Optional

  The quantity of data available to analysts is growing at an ever-increasing rate. This data has become a vital tool for decision-making in a competitive world. However the size which makes the data so valuable also makes it difficult to analyse using traditional statistical methods. This module introduces you to a variety of methodologies now employed to explore, analyse, categorise and visualise data from large data sets and multiple related data sets. You will also explore the issues with data sets that are too large even for established data mining methods (“big data”).

• Research Methods and Dissertation (60 credits) - Compulsory

  The module provides you with the opportunity to select your own specialised research topic in the area of financial management. You will be expected to apply relevant theoretical frameworks, the existing seminal and the most up-to-date scholarly literature together with the relevant research methodologies and methods whilst conducting your research. You will be required to independently plan, organise, and coherently produce a limited but a well-researched work.