Finance MSc

Entry requirements:
2:1 +
Full-time:
1 year
Part-time:
Not available
Start date:
October 2018
UK/EU fees:
£12,850
International fees:
£21,000
Location:
Loughborough

Achievements

5th

for Finance and Accounting

The Times and Sunday Times Good University Guide 2018

Top 10

UK Business School in national league tables

Accredited

Among just 1% of business schools in the world to hold Triple-Accreditation

AACSB, EQUIS and AMBA

75%

of our Business and Management research is rated as 'world leading' or 'internationally excellent'

REF 2014

Overview

Our MSc Finance programme is an applied, broad-based master’s degree that will equip you with the knowledge and skills to work in a wide range of finance roles.

Finance MSc is best suited to students who wish to gain an in-depth understanding of the whole field of finance before choosing their preferred area of specialisation. You will learn both how to evaluate financial issues and to improve the practice of finance.

Our Finance MSc programme will give you an understanding of corporate finance topics such as cost of capital and dividend policy, as well as investment topics such as asset pricing and portfolio selection. You can also gain an understanding of international finance by selecting optional modules in international financial management, global financial markets and/or global investment analysis.

You will be taught by internationally renowned academics who are able to bring fresh insights into their teaching; both from their research, and their advisory roles on government policy and in industry. Research strengths include Financial Markets, Corporate Finance, Accounting and Investments. Teaching is academically rigorous and strong emphasis is placed on practical relevance.

Finance MSc shares a common taught first semester with MSc Corporate Finance and MSc Finance & Investment. It provides flexibility in semesters two and three to choose from a wide range of options including those in Corporate Finance, Investment and International Finance.

MSc Finance is accredited by the Chartered Institute of Management Accountants (CIMA); the world's largest body of management accountants. It offers at least 6 exemptions from CIMA's professional examinations. This is strong recognition of the professional relevance of this programme for students wishing to work in the Finance function of a business or multinational organisation.

CIMA Logo

Our Trading Room, which incorporates Thomson- Reuters Eikon financial trading software, is integrated into the programme and will provide the platform for many of the computer lab sessions, enabling you to practically apply concepts you have learned during the Finance MSc programme. Currently students have access to the Trading Room in the evenings and at weekends. Students can work independently towards a certificate of competency in EIKON which is awarded by Thomson-Reuters.

What makes this programme different?

Who should study this programme?

Our MSc Finance programme is ideal for graduates looking for an applied, broad-based master’s degree that opens up a wide range of finance careers with optional modules that allow you to tailor your degree to fit your career aspirations.

Entry requirements

An honours degree (2:1 or above) or equivalent overseas qualification in business, accounting, maths, physics, engineering, computing, economics or a minor in finance. Good (2:1) grades in quantitative modules are required.

Applications will also be considered from those who do not meet the previous criteria but who can demonstrate numerical proficiency and have either:

  • an appropriate professional qualification in Finance
  • a high 2:2 or above, with one or more years of relevant work experience

See our full list of International Qualification Equivalencies for all countries. Degrees must be obtained from a university or institution recognised by Loughborough University. Please contact us to clarify if required. 

English Language Requirements

All applicants for admission to Loughborough University must have a qualification in English Language before they can be admitted to any course or programme, whether their first language is English or not.

IELTS: overall 6.5 with minimum 6.0 in each component

The School will accept lower IELTS scores if you undertake the University's pre-sessional English course.

TOEFL with an overall score of 92, and no sub-test score below 22

See full list of English language qualifications we accept, with full details on each.

What you'll study

Modules

Finance MSc covers a wide range of topics; to give you a taster we have expanded on some of the core modules affiliated with this programme and the specific assessment methods associated with each module.

Semester 1

Principles of Finance

Develop a broad understanding of the core issues in finance including both investments (such as asset pricing and efficient markets hypothesis) and corporate finance (such as capital budgeting and weighted average cost of capital).

Assessment: Typically this module is assessed by 25% coursework / 75% exam, although the university reserves the right to alter this. 

Financial Markets and Institutions

Acquire an overview of the financial system, get a grasp of how the financial markets operate, the economic problems that face financial institutions and the impact that technology and regulation has had on the industry.

Assessment: Typically this module is assessed by 25% coursework / 75% exam, although the university reserves the right to alter this. 

Financial Reporting and Company Performance

Analyse the nature of financial reporting in theory and practice. Develop a broad grasp of financial reporting and develop an ability to interpret corporate financial performance.

Assessment: Typically this module is assessed by 100% exam, although the university reserves the right to alter this. 

Methods for Financial Data Analysis

Gain a solid foundation in mathematical, statistical and econometric techniques which will be useful both in later modules and in the financial industry.

Assessment: Typically this module is assessed by 25% coursework / 75% exam. 

Semester 2

Corporate Finance

Evaluate key issues in corporate finance in depth and assess the financing decisions of companies. Investigate when capital structure can affect firm value, whether there is an optimal corporate payout policy, does M&A activity ever create value for the bidder and how you can best manage corporate cash holdings.

Assessment: Typically this module is assessed by 100% exam. 

Portfolio Management

Apply knowledge and understanding to complex issues in portfolio management such as how to reduce risk of bond portfolios, how to assess portfolio performance and which strategies should equity portfolio managers follow.

Assessment: Typically this module is assessed by 25% coursework / 75% exam. 

Business Communication for Finance

Develop an understanding of the financial professional’s role in managing company performance and improve communication and personal skills which are valuable in the business world. This module is usually taught across semesters 1 and 2 while usually being assessed in semester 2.

Assessment: Typically this module is assessed by 100% coursework. 

Optional modules (choose two)

International Financial Management

This module gives students and overview of international financial environment including the foreign exchange theory and the management of foreign exchange exposure and political risk. Students would also benefit from learning applying financing, cost of capital and capital structure decision in the international business context.

Assessment: Typically this module is assessed by 25% coursework / 75% exam. 

Financial Statements and Business Valuation

Deepen your understanding of financial reporting and financial management through real life examples. Advance your skills of analysis for firms’ financial reports and valuations.

Assessment: Typically this module is assessed by 25% coursework / 75% exam. 

Derivatives and Risk Management

Familiarise yourself with the rapidly growing derivative markets and the derivative instruments (e.g. options, swaps, futures) which can be used for risk management.

Assessment: Typically this module is assessed by 100% exam. 

Global Financial Markets and the Financial Crisis

This module will equip you with the skills to analyse the causes and responses to the recent global financial crisis.

Assessment: Typically this module is assessed by 25% coursework / 75% exam. 

Business Economics

Gain an Understanding of Economic Concepts and Models for Business Decision Making.

Assessment: Typically this module is assessed by 25% coursework / 75% exam. 

Small Business and Entrepreneurship

This module introduces students to a range of issues affecting small and medium-sized enterprises. Students would benefit from developing skills to analyse the competitive position and critical success factors of a business, including the effects of government policy and availability of funding.

Assessment: Typically this module is assessed by 100% exam. 

Summer period (choose three)

The choice of optional modules in the summer may depend upon your option choices in semester 2.

Advanced Corporate Finance

Analyse complex issues relating to corporate finance and treasury management including internal capital markets and corporate investment using real options.

Assessment: Typically this module is assessed by 100% exam. 

Corporate Financial Analysis

Building upon prior modules students will study detailed case studies related to corporate finance which could include for example company valuation, firm liquidity or capital structure.

Assessment: Typically this module is assessed by 100% coursework. 

Financial Trading

Become familiar with the application of tools of financial analysis to trading operations in foreign exchange, security and derivative markets. Includes trading strategies, valuation of trading positions and managing market risk.

Assessment: Typically this module is assessed by 50% coursework / 50% exam. 

Global Investment Analysis

Analyse and critically evaluate global investment phenomenon including international portfolio diversification, market integration and global investment strategies.

Assessment: Typically this module is assessed by 50% coursework / 50% exam. Students will also be able to choose at least one optional module during their programme. 

Corporate Governance and Responsibility

Explore different mechanisms of governance and topical issues relating to ownership, control, executive compensation and accountability.

Assessment: Typically this module is assessed by 100% exam. 

Financial Market Project

An opportunity for original investigation on an aspect of financial markets. Develop research skills which can be applied either in industry or in further study. The project could be a critical literature review, a focused empirical project or an essay on a topical issue.

Assessment: Typically this module is assessed by 100% coursework. 

How you'll study

Seminars
Lectures
Tutorials
Independent study
Group work
Practical sessions
Supervision
Workshops

Your personal and professional development

Our School of Business and Economics is committed to helping you develop the skills and attributes you need to progress successfully in your chosen career.

Future career prospects

Indicative positions include roles with many of the major global banks and large businesses, as well as the Big Four Accounting firms:

  • HSBC
  • Morgan Stanley
  • JP Morgan
  • Chase
  • UBS
  • Standard Chartered
  • DHL
  • Scottish and Southern Energy
  • Virgin

Graduate destinations

Loughborough finance graduates are highly sought after and work in a wide range of finance roles. Indicative positions include roles with many of the major global banks (including HSBC, Morgan Stanley, JP Morgan, Chase, UBS, Standard Chartered), large businesses (including DHL, Scottish and Southern Energy, Virgin), as well as the Big Four accounting firms.

Expected destinations for MSc Finance graduates include Investment Banking and Corporate Finance as well as Asset Management and Accountancy. Example initial job titles include: Portfolio Analyst, Financial Management Trainee, Investment Banker, Treasury Analyst, Equity Researcher, Corporate Finance Associate and Financial Market Trader.

Many graduates begin their careers as an Analyst, Associate or Management Trainee, with the best reaching Senior Manager, Assistant Vice President or Director level positions within 10 years. 

Your personal development

As part of our ongoing commitment to supporting you with your personal and professional development, all our Business and Economics postgraduate students have the opportunity to attend an impressive range of extra-curricular masterclasses and public lectures – all on campus and free of charge.

Furthermore, on successful completion of this programme, you should be able to:

  • Appraise the core theories of finance and assess the empirical evidence on these
  • Evaluate the factors influencing investment behaviour
  • Demonstrate a critical awareness of how financial markets operate in different settings
  • Debate the role of finance in society and the wider economy
  • Critically evaluate arguments and evidence related to finance
  • Critically discuss the financing arrangements and governance structures of business entities

Fees and funding

UK/EU:
£12,850
International:
£21,000

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment. Special arrangements are made for payments by part-time students.

Our academics

Our MSc programmes are informed by the experiences and research of our expert staff, many of whom have first-hand experience in business, finance and management, or government advisory roles.

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