Finance and Investment MSc
Subject and course type
- Accounting, finance and banking
- Postgraduate
Kingston University’s MSc in Finance and Investment will give you the skills, perspective and knowledge needed for a successful career in corporate finance, financial management or another related field.
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Develop in-demand skills for a fast-evolving industry
Previous graduates have progressed to roles such as finance controller, corporate treasurer, financial analyst and more.
Our MSc Finance and Investment is a contemporary, industry-aligned course which develops the skills employers now expect from finance and investment professionals.
This course gives you with the knowledge and practical abilities needed for a successful career in banking, investment management, financial analysis, risk management and the wider financial services sector.
You will build strong foundations in corporate finance, investment analysis, portfolio management and financial risk. You’ll learn how organisations make financial decisions, how investments are valued, and how financial risks are measured and managed in global markets.
The programme blends analytical skills with applied learning. You’ll work with real financial data, industry-standard platforms such as Bloomberg, and case studies that reflect current issues in the financial sector. Our research-active staff bring expertise from both academia and industry, giving you access to up-to-date insights and practice-focused teaching.
We work closely with employers and professional bodies to ensure the curriculum remains relevant and aligned with industry needs. Whether you are looking to progress within the finance industry or move into a specialist investment or risk management role, this MSc prepares you with the technical, analytical and professional skills needed for the next step in your career.
This course was previously known as Finance MSc. The awarding title has been updated to Finance and Investment MSc to better reflect the content of the programme.
Why choose this course
While you study, you’ll benefit from top quality teaching at Kingston University. Not only is Kingston University Gold rated in the Teaching Excellence Framework, Kingston Business School is also in the 6% of business schools in the world to be accredited by the Association to Advance Collegiate Schools of Business (AACSB) International.
As part of Kingston Business School’s Department of Accounting, Finance and Informatics, you’ll tap into a learning powerhouse with global partnerships. Our courses are accredited by professional bodies like ACCA, CIMA, ACT, RICS and ICAEW.
Kingston is one of the few UK universities with a Bloomberg Trading Room. Throughout your studies, you’ll have access to this state-of-the-art trading simulator, which has 12 dual screen terminals with Bloomberg Professional® service and Bloomberg Terminal®. It’s the perfect way to refine your practical skills and progress towards Bloomberg certification, which can be a huge advantage in the job market.
Accreditation
This course is accredited by the Association of Corporate Treasurers (ACT).
Upon completion of module International Money & Finance (BA7020) you will gain exemptions from the Certificate in Treasury units; Unit 1: The context of treasury, Unit 2: Cash and liquidity management, Unit 3: Corporate finance and Unit 5: Risk analysis and management.
You would then be required to complete one further unit to complete the CertT. This accreditation is renewed on an annual basis.
Ready for business
At Kingston Business School, we believe that professional success is shaped by honing your personal capacity and skillset, supported by the academic framework of knowledge. Through vocationally rich, employer-engaged and research-informed courses, we work alongside our students to help them meet personal goals and career ambitions.
Kingston Business School accreditation
Kingston Business School holds the prestigious international accreditation by the AACSB (Association to Advance Collegiate Schools of Business) in recognition of the excellence of its business education. This accreditation has been earned by just 6% of the world's business schools. It recognises the high quality and standard of our business degree offerings.
Course content
In this research-led masters, you will learn from recent journal articles and research papers, live data and up-to-the-minute theories and models. You will learn from real-life examples and case studies during the taught sessions. The programme has a balanced approach between quantitative and qualitative methods, and it provides candidates with the computer and research skills required by employers in this highly competitive sector.
You will develop your understanding of the purpose and nature of financial accounting and reporting, and look at how theoretical and conceptual issues integrate with operational and practical activities.
You will also look at the political, economic, social, technological, legal and environmental factors that influence an organisation's social responsibilities, and how these integrate with a company's strategic decision-making processes. You will examine the core theories of finance and investment, and how they can be used in practical decision-making contexts.
This course is underpinned by the latest research and best practice. Modules have been developed to provide you with up-to-date and relevant knowledge of accounting, finance and research methods.
Year 1 is made up of six core modules and one optional module.
Year 2, the Professional Placement Year, is optional and offers a full year of work experience.
Please note: Optional modules only run if there is enough demand. If we have an insufficient number of students interested in an optional module, that module will not be offered for this course.
Year 1
Core modules
30 credits
During this module, you will gain a thorough understanding of modern portfolio theory and its implications for asset pricing, asset management, and investment decisions associated with risk management. The main topics covered include:
- portfolio diversification
- optimal portfolio construction
- expected utility theory
- capital asset pricing model
- arbitrage pricing theory with application
- the formulation and implementation of various active and passive investment strategies
- the analysis and management of risks associated with particular strategies.
This module also looks at the different types of investment banks and the strategies they employ. You will cover:
- investment banks
- private equity investment – types and techniques
- debt and equity underwriting by investment banks
- trading techniques
- mergers and acquisitions
- securitisation
- hedge funds
- mutual funds and other funds
- wealth management, and clearance and settlement.
You will construct and manage investment portfolios for a specific period and present the results. You will use the dedicated Bloomberg Trading Room and software packages to develop your practical experience of industry standard systems and use real, live data.
15 credits
This module is particularly relevant to those who are interested in a career as a financial data analyst, financial advisor or consultant. It offers a solid theoretical grounding in econometrics theories and explores the application of this knowledge to analytical models in business as well as finance.
You will develop analytical and programming skills drawn from the current empirical finance literature and the underlying econometric techniques used to evaluate alternative models of the dynamics of firm performance, asset prices, returns and sustainability.
You will also gain skills in statistics and computer programming. You will have access to the Bloomberg Trading Room, where you will analyse financial data from Thomson Reuters Refinitiv Eikon, Bloomberg, FAME and more.
30 credits
This module will provide you with a broad understanding of the nature of derivative securities and how they can be used by banks and other financial institutions.
You will examine the valuation methods available and the mathematics behind derivatives and fixed income securities valuation. You will learn about numerical schemes such as the binomial lattice to value derivative and fixed income securities.
You will then move on to look at market calibration of alternative derivative models to illustrate how such models can be fitted to observed derivative prices.
15 credits
This module provides an underpinning and understanding of the numerical techniques used in the business and finance world to aid strategic decision-making.
You will be equipped with the accounting, mathematical and statistical foundations that are necessary in the areas of accounting and finance and highly valued by employers.
You are encouraged to read articles from academic journals and discuss your findings during the interactive sessions, and you will also be able to make use of the Bloomberg Trading Room to analyse financial data.
15 credits
This module introduces you to the integration of global sustainability imperatives into investment decision-making. It explores both the theoretical foundations and practical application of sustainable finance, alongside the relevant national and international regulatory frameworks shaping sustainable development.
You will examine key concepts including the United Nations Sustainable Development Goals (SDGs), Corporate Social Responsibility (CSR), and Environmental, Social and Governance (ESG) investing. The module also considers how sustainable projects can be financed through capital markets and alternative financing mechanisms, equipping you with the knowledge to align investment strategies with long-term environmental and social impact.
60 credits
This module will introduce you to methods and procedures for identifying, investigating and analysing a research problem, and an opportunity to apply these tools in the development of a dissertation. You will be expected to be familiar with the theory and research in your chosen area of study, and to demonstrate your ability to review and apply concepts and techniques critically.
Optional modules (choose one)
15 credits
This module offers an intuitive analysis of the international financial management environment.
You will study the role and functions of international financial markets (FX, capital markets) and institutions, and assess the tools that can be employed by firms' managers to assess and control for risk in these markets.
You will learn about international economic linkages, monetary systems and parity conditions in international financial markets. Several real-world examples and journal articles are used to bring together theoretical considerations and practise.
15 credits
This module explores the interrelationship between capital markets and accounting information.
You will be introduced to key issues in empirical accounting research, applying fundamental concepts from accounting and finance in capital market contexts.
Building on knowledge from both 'Financial Accounting' and 'Corporate Finance', the module equips you with essential skills for success in both the accounting and finance professions.
15 credits
This module explores the selection, implementation, and monitoring of risk financing techniques – the ways in which an organisation can obtain funds to pay for any critical or accidental losses. This module develops your critical awareness of risk within institutions and in a wider social context. Topics include:
- framework for risk financing;
- criteria for risk financing technique selection;
- insurance and reinsurance;
- financing property,
- net income and personnel losses;
- accounting and income tax aspects of accidental losses;
- insurance pricing;
- selection of insurers and their representatives;
- implementing risk retention-available options including use of affiliated insurers; and
- risk cost allocation.
Year 2 (optional placement year)
The professional placement year is optional. It takes place after the full-time year. It allows students to do a 12-month work placement as part of their course. The work placement is an assessed part of the course and is therefore covered by a Student Route visa.
Find out more about the postgraduate work placement scheme.
Core module
120 credits
The Professional Placement module is a core module for those students following a masters programme that incorporates an extended professional placement that follows completion of the first 180 credits of taught modules and project or dissertation. It provides students with the opportunity to apply their knowledge and skills in an appropriate working environment, and to develop and enhance key employability skills and subject specific skills in their chosen subject.
It is the responsibility of individual students to locate and secure a suitable placement opportunity; this will normally involve one placement which must be completed over a minimum period of 10 months and within a maximum of 12 months. The placement must be approved by the module leader prior to commencement to ensure its suitability.
Career opportunities
You’ll complete this course with the skills needed for careers in both financial and non-financial institutions, as well as for paths in corporate financial management. Previous graduates have progressed to roles like finance controller, corporate treasurer and financial analyst. You could also go on to a career in sectors such as banking and finance, treasury, fintechs and credit control.
Some of our graduates work at fintechs or startups, including:
- Exate Technology
- Mazars UK
- Mahindra & Mahindra Financial Services Limited
- Funding Circle
Teaching and assessment
When not attending timetabled sessions you will be expected to continue learning independently through self-study. This typically will involve reading journal articles and books, working on individual and group projects, undertaking preparing coursework assignments and presentations, and preparing for exams. Your independent learning is supported by a range of excellent facilities including online resources, the library and CANVAS, the online virtual learning platform.
As a student at Kingston University, we will make sure you have access to appropriate advice regarding your academic development. You will also be able to use the University's support services.
A course is made up of modules, and each module is worth a number of credits. You must pass a given number of credits in order to achieve the award you registered on, for example 360 credits for a typical undergraduate course or 180 credits for a typical postgraduate course. The number of credits you need for your award is detailed in the programme specification which you can access from the link at the bottom of this page.
One credit equates to 10 hours of study. Therefore 180 credits across a year (typical for a postgraduate course) would equate to 1,800 notional hours. These hours are split into scheduled and guided. On this course, the percentage of that time that will be scheduled learning and teaching activities is shown below. The remainder is made up of guided independent study.
- 17% scheduled learning and teaching
The exact balance between scheduled learning and teaching and guided independent study will be informed by the modules you take.
Your course will primarily be delivered in person. It may include delivery of some activities online, either in real time or recorded.
Assessment typically comprises exams (e.g. test or exam), practical (e.g. presentations, performance) and coursework (e.g. essays, reports, self-assessment, portfolios, dissertation). The approximate percentage for how you will be assessed on this course is as follows, though depends to some extent on the optional modules you choose:
- Year 1: coursework: 85%; practical: 0%; exam: 15%
- Professional placement year: coursework: 100%; practical: 0%; exam: 0%
Please note: the above breakdowns are a guide calculated on core modules only. Depending on optional modules chosen, this breakdown may change.
We aim to provide feedback on assessments within 20 working days.
Each student receives a personalised timetable. This is usually available after you have completed your online enrolment, which typically accessible 1 month before the start of your course.
Fees and funding
| Fee Category | Annual Fee |
|---|---|
| Home (UK students) | Full Time £13,500 |
| International | Full Time £19,700 |
| Fee Category | Annual Fee |
|---|---|
| Home (UK students) | Full Time £13,500 |
| International | Full Time £19,700 |
Funding support for postgraduate students
If you are a UK student living in England and under 60, you can apply for a loan to study for a postgraduate degree. Find out more through the government's website.
Scholarships and bursaries
Interested in studying Finance and Investment MSc at Kingston? The following funding support is available:
Get a 40% reduction in fees for taught masters or postgraduate diploma courses with September start dates. Find out more.
Receive up to £5,000 towards tuition in your first year of study. Find out more.
Get a 15% reduction in tuition fees. Find out more.
Kingston University offers a 10% discount on full- and part-time postgraduate degree course tuition fees to our alumni. Visit our postgraduate finance page to find out more.
Additional course costs
Some courses may require additional costs beyond tuition fees. When planning your studies, you’ll want to consider tuition fees, living costs, and any extra costs that might relate to your area of study.
Your tuition fees include costs for teaching, assessment and university facilities. So your access to libraries, shared IT resources and various student support services are all covered. Accommodation and general living expenses are not covered by these fees.
Where applicable, additional expenses for your course may include:
Our libraries have an extensive collection of books and journals, as well as open-access computers and laptops available to rent. However, you may want to buy your own computer or personal copies of key textbooks. Textbooks may range from £50 to £250 per year. And a personal computer can range from £100 to £3,000 depending on your course requirements.
While most coursework is submitted online, some modules may require printed copies. You may want to allocate up to £100 per year for hard-copies of your coursework. It’s worth noting that 3D printing is never compulsory. So if you choose to use our 3D printers, you’ll need to pay for the material. This ranges from 3p per gram to 40p per gram.
Kingston University will pay for all compulsory field trips. Fees for optional trips can range from £30 to £350 per trip.
Your tuition fees don’t cover travel costs. To save on travel costs, you can use our intersite bus service. This route links the campuses and halls of residence with local train stations - Surbiton, Kingston upon Thames, and Norbiton.
You’ll need to buy a specific type of calculator, which should cost between £10 and £20.
Apply for this course
Before you apply
Please read the entry criteria carefully to make sure you meet all requirements before applying.
How to apply online
Use the course selector drop-down at the top of this page to choose your preferred course, start date and mode, then click 'Apply now'. You will be taken to our Online Student Information System (OSIS) where you will complete your application.
If you’re starting a new application, you’ll need to select ‘new user’ and set up a username and password. This will allow you to save and return to your application.
Please note: if you’re from a country outside the EU or EEA that’s classified as overseas fee-paying, you won’t be eligible to apply for a part-time course because of visa regulations in the UK. For information about exceptions, please visit the UKCISA website or email our CAS and Visa Compliance team.
Application deadlines
We encourage you to apply as soon as possible. Applications will close when the course is full.
Course changes and regulations
The information on this page reflects the currently intended course structure and module details. To improve your student experience and the quality of your degree, we may review and change the material information of this course. Find out more about course changes
Programme Specifications for the course are published ahead of each academic year.
Regulations governing this course can be found on our website.
