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  • Finance MSc

Finance MSc

Why choose this course?

If you want to pursue a rewarding, exciting and challenging career in the financial sector then this course provides the knowledge and skills you need, even if you do not already have experience in finance. 

This Finance MSc will give you well-integrated knowledge of management accounting and financial accounting, finance and investment; whilst developing your ability to relate these areas to the wider issues of management and corporate strategy. It produces graduates who are prepared for high-level jobs in the financial industries. 

This course is equally suitable both for students who have studied economics/ finance/ accountancy before as well as those who seek a career change.

Mode Duration Attendance Start date
Full time 1 year 1–4 days per week September 2020
Full time 2 years including professional placement 1–4 days per week plus placement year September 2020
Location Kingston Hill

Reasons to choose Kingston University

  •  Kingston Business School is one of only five per cent of the world's business schools to be accredited by AACSB International.
  • This course offers the highest number of exemptions (4 out of 5) for gaining a professional certificate from the Association of Corporate Treasurers.
  • Kingston is one of the few UK universities with a Bloomberg trading room. It also has specialist databases such as Thomson Reuters, Bloomberg, and Fame

Kingston Business School Accreditations

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 five per cent of the world's business schools and recognises the high quality and standard of our business degree offering.

Kingston Business School Accreditations

Accreditation

Association of Corporate Treasurers

Association of Corporate Treasurers

Association of Corporate Treasurers

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.

What you will study

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 five core modules, one optional module and a research project.

Year 2, the Professional Placement Year, is optional and offers a full year of work experience.

 

Year 1

Year 2 (optional)

Core modules

Financial Modelling and Research Methods

30 credits

The Financial Modelling and Research Methods module is a core module for the postgraduate modular finance scheme. The module has two parts. The first part provides an underpinning and understanding of numerical techniques used in the business and finance world to aid strategic decision making. It aims to provide students with the accounting, mathematical and statistical foundations that are necessary in the areas of accounting and finance. The second parts deals with an understanding of research methodology and the research methods and skills that the students will need to complete their research project successfully during the summer period.

Corporate Finance and Financial Statement Analysis

30 credits

The module is designed to offer knowledge of a unique combination of major cotemporary theoretical and empirical developments in the area of corporate finance and the analysis and valuation companies both from an accounting and financial perspective. The corporate finance part allows students to develop a critical knowledge and understanding of the core theories and concepts in the field of corporate finance. It further develops their skills and ability to apply their knowledge and understanding in real corporate life cases. The Financial statement analysis part allows students to develop a critical knowledge and understanding of the accounting principles and enable them to analyse financial statements and reports using financial ratios and other metrics. It also equips students with the knowledge to assess corporate profitability and financial stability and to critically evaluate the corporate reporting choices. This module adds value and it is relevant to those who are interested in a career in the corporate or in the financial services sector, as well as those who are interested in working as financial advisors and consultants or as financial analysts. Other professional such as accountants and corporate lawyers can also benefit and enjoy broader career development opportunities through the skills that the knowledge of the subjects covered in this module offers.

Portfolio Theory and Investment Banking

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; and
  • 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; and
  • 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.

Financial Accounting and Financial Management

30 credits

This module introduces financial accounting and financial management in a business context. It will provide you with a mix of practical know how as well as a theoretical underpinning. The module explains the principles for constructing the key financial statements that will allow you to produce financial statements from transaction records using double entry principles. You will also learn how to conduct an appraisal of an organisation's financial statements and look at companies' financial statements and their regulation.

The lectures for this module take an active learning approach that involves informal feedback through discussion and practice questions. The financial management section of this module gives you the skills to take a senior financial management position in a modern organisation.

Market-based Accounting

15 credits

Market-based accounting deals with the interrelationship between capital markets and accounting information. This module familiarises students with important issues in empirical accounting research and applies the concepts underlying accounting and finance, as applicable in capital market settings. The module builds on the knowledge gained in both ‘Financial Accounting' and ‘Corporate Finance' and provides skills necessary in both the accounting and finance profession.

Optional modules

International Money and Finance

15 credits

This module offers an intuitive analysis of the international financial management environment. It studies the role and functions of international financial markets (FX, capital markets) and institutions, and assesses the tools that can be employed by firms' managers to assess and control for risk in these markets. Moreover, it provides students with an understanding of international economic linkages, international monetary systems, and parity conditions in international financial markets. Several real world examples and journal articles are employed to bring together theoretical considerations and practise. This module is assessed with a combination of an exam and a coursework and is delivered by weekly seminars.

Fixed Income Analysis

15 credits

This module focuses on the issues involved in managing a fixed income portfolio. It gives you a broad understanding of the nature of fixed income securities and how they can be used by banks and other financial institutions. You will start by examining fixed income securities markets, then move on to look at the valuation and pricing methods available and the mathematics behind them. You will also cover term structure analysis and the use of derivative instruments in bond portfolio management.

Research project

Research Project

30 credits

This module will begin in semester two, and is completed over the summer. It is an independent research project that you will work on with the supervision of an academic staff member with expertise in your chosen area. To complete this module, you will need to identify an issue to investigate, analyse the issue and structure your approach. You will need to:

  • examine relevant source material;
  • carry out your own research (including collecting an analysing original data, or analysing existing data in an original way); and
  • produce an action-oriented report based on your findings.

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 Tier 4 visa. Find out more about the postgraduate work placement scheme.

Core module

Professional Placement

120 credits

The Professional Placement module is a core module for those students following a Master's 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.

The information above reflects the currently intended course structure and module details. Updates may be made on an annual basis and revised details will be published through Programme Specifications ahead of each academic year. The regulations governing this course are available on our website. If we have insufficient numbers of students interested in an optional module, this may not be offered.

After you graduate

This course can typically help lead to careers for example in banking and finance, treasury, fintechs, credit control areas and sectors.

Typical roles may include credit controller, treasurer, data analyst and junior to middle level finance professional. 

Graduates have gone on to work for fintech companies and start-ups for example Exate Technology, Mazars UK, Mahindra & Mahindra Financial Services Limited and Funding Circle

Entry requirements

Typical offer

We welcome applications from those who possess a good honours degree (or equivalent) in any relevant discipline.

If you do not have an honours degree you will need to show us evidence that you know enough about the relevant subjects to understand the course materials - for example, a professional qualification, training, or work experience in a relevant field. Please contact the postgraduate admissions team to find out more.

Pre-Masters programme

If you do not meet these entry requirements, our pre-masters programme can prepare you for the course.

International

Please note: most students from countries outside the European Union/European Economic Area and classified as overseas fee paying, are not eligible to apply for part-time courses due to UK student visa regulations. For information on exceptions please visit the UKCISA website or email our CAS and Visa Compliance team.

All non-UK applicants must meet our English language requirement, which is Academic IELTS of 6.5 overall with 7.0 in writing and 5.5 in all other elements. Make sure you read our full guidance about English language requirements, which includes details of other qualifications we consider.

Applicants who do not meet the English language requirements could be eligible to join our pre-sessional English language course.

Applicants from a recognised majority English speaking countries (MESCs) do not need to meet these requirements.

Teaching and assessment

Guided independent study

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.

Support for postgraduate students

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

Your workload

Type of teaching and learning

  • Year 1 - 19% of your time is spent in timetabled teaching and learning activity
  • Professional Placement Year - 100% of your time is spent on guided independent study and placement
  • Contact hours may vary depending on your modules

Year 1

Professional Placement Year

Year 1
  • Scheduled teaching: 345 hours
  • Guided independent study: 1455 hours
Professional Placement Year
  • Guided independent study: 50 hours
  • Placement: 1150 hours

How you will be assessed

Assessment typically comprises exams (eg test or exam), practical (eg presentations, performance) and coursework (eg 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

Professional Placement Year

Year 1
  • Coursework: 84%
  • Practical: 0%
  • Exam: 16%
Professional Placement Year
  • Coursework: 100%
  • Practical: 0%
  • Exam: 0%

Feedback summary

We aim to provide feedback on assessments within 20 working days.

Your timetables

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.

Class sizes

You will be part of an intimate cohort of students which supports dedicated academic guidance and advice and the opportunity to build a life-long network of colleagues. Some modules are common across other postgraduate programmes therefore you will be taught alongside students who are on these courses within the Business School.

Who teaches this course

You will be taught by an experienced teaching team whose expertise and knowledge are closely matched to the content of the modules on this course. The team includes senior academics and professional practitioners with industry experience. The following group of staff members are currently involved in the delivery of different elements of this course. This pool is subject to change at any time within the academic year.

Fees for this course

Home and European Union 2020/21

  • MSc full time £11,280

Overseas (not EU) 2020/21

  • MSc full time £16,000
Postgraduate study
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