Financial and Business Management MSc

Why choose this course?

This course is a combination of two highly successful courses run by the Business School – the Accounting and Finance MSc and the International Business Management MSc. Both have established international reputations for excellence. 

The programme is intensive, thorough and challenging, designed to give you the theoretical and practical skills essential for managing today's businesses.

This course is suitable for students who have not studied economics, finance or accountancy at bachelors level, as well as those with previous qualifications and experience.

Mode Duration Attendance Start date
Full time 1 year 1–4 days per week September 2022
Full time 2 years including professional placement 1–4 days per week plus placement year September 2022
Location Kingston Hill

2021/22 entry

If you are planning to join this course in the academic year 2021/22 (i.e. between August 2021 and July 2022), please view the information about changes to courses for 2021/22 due to Covid-19.

 

Continuing students

Students who are continuing their studies with Kingston University in 2021/22 should refer to their Course Handbook for information about specific changes that have been, or may be, made to their course or modules being delivered in 2021/22. Course Handbooks are located within the Canvas Course page.

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. 
  • There are opportunities for diverse methods of learning, including real-life case studies, financial data platforms (such as Bloomberg, Fame and Datastream), and an online simulation game.
  • This course is accredited by the Association of Corporate Treasurers and offers exemptions from its professional exams.
  • Free car parking at the Kingston Hill campus is available for students of this course. The campus can also be easily accessed by public transport. Halls accommodation is just a walk away from the classrooms.

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 5% of the world's business schools and recognises the high quality and standard of our business degree offering.

Kingston Business School Accreditations

At Kingston Business School we lead

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 Risk Financing (BA7101) you will gain exemptions from the Certificate in Treasury Unit 3: Corporate finance. You would then be required to complete four further units to complete the CertT.

This accreditation is renewed on an annual basis.

What you will study

The course is highly practical. Each module has been designed to teach you the skills that employers value most. You will even be assessed in practical terms, with tests based on real-life practices, so that you can get used to the way you will work for an employer when you have finished the course.

You will learn the computer and research skills employers demand for working in this highly competitive sector. The programme has a balanced approach, teaching you how to interpret and solve problems using both quantitative and qualitative methods.

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, 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 placement year)

Core modules

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.

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.

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.

Management Accounting

15 credits

This module will enable you to understand and prepare management information to support the decision making in an organisation. You will be able to calculate the costs associated with the production of products and provision of services, and determine their price and you will be able to understand budgeting approaches and how budgets are produced. Effective performance management systems including performance measures, to assist management decision making, are also covered.

International Business Strategy with Simulation

30 credits

The success of an organisation depends on the ability to make fast, widely supported and high-quality decisions on a frequent basis. Many of those decisions affect the organisation's long-term ability to succeed and remain sustainable.

This module involves studying how social and economic organisations assimilate and process information, and interpret and make decisions within their environments. These decisions tend to involve imitating their competitors or differentiating themselves from them. You will examine a number of conceptual and analytical approaches and models to help you understand:

  • the internal assets and capabilities of an organisation, as well as its political dynamics;
  • its relationships with suppliers, customers, regulatory bodies and other institutions; and
  • all of the above in the context of globalisation and international competition.

Following on from this analysis, you will consider the issues involved in understanding and designing strategic options, including those related to managing risk, managing expectations for accountability and ethical business behaviours (corporate social responsibility, responsible management), and financial and accounting considerations.

The aim of this module is to:

  • analyse the various bases of competitive advantage available to the firm;
  • evaluate and prioritise internal strengths and weaknesses upon organisational strategy, including the impact of resources, capabilities and power/politics;
  • evaluate and prioritise environmental impacts upon organisational strategy, including the impact of risk, uncertainty, institutions and cultures; and
  • appreciate the potential diversity in the strategies of public, private, voluntary, profit and not for profit organisations.

Optional modules

International Marketing

15 credits

This module aims to develop students' knowledge of marketing within an international context. It will highlight the numerous challenges and opportunities faced by a firm when marketing its products and services beyond its domestic borders.

Topics explored will include marketing environment, cultural diversity, research in an international context, emerging markets, international market selection and market entry strategies and marking mix decisions. Also discussed will be the impact of internet and new technology trends such as artificial intelligence on various facets of international marketing.

The module will be delivered via lectures, case study workshops and will be potentially supported by guest speakers. Students will be expected to contribute to class discussions and in-class activities, some of these may be linked to the module assessment.

Risk Financing

15 credits

This module explores the selection, implementation, and monitoring of risk financing techniques-ways in which an organization can obtain funds to pay for any critical and/or accidental losses which strike it. The module also aims to develop a 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 as a risk financing technique; financing property, net income and personnel losses; accounting and some 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. It also demonstrates and discusses the significance of the use of risk transference and risk financing tools in the range of distinct contexts and to evaluate the economic consequences of Portfolio Management, Pensions Schemes, Fund Management, Insurance and alternative financing strategies. The module will provide candidates with the computer/IT, research and subject-based skills required by employers in this highly competitive sector. There will be also a programme of guest lecture from insurance and risk management sector experts.

Research project

Research Project

30 credits

The Research Project module is a core module for the postgraduate modular finance scheme. This module is based on the BA7032 Financial Modelling and Research Methods module that provides you with an understanding of research methodology and the research methods and skills that you will need to complete your research project successfully. To help you do this you will be allocated an individual supervisor who will provide guidance and encouragement. During this module you will draw on the knowledge and skills that you have gained during the earlier taught modules, but you will also acquire new skills and knowledge that will enhance your profile as a critical, independent, and creative thinker - just the sort of high level skills that modern employers are looking for. Whilst this is a demanding module, it is also a module that will give you an immense amount of satisfaction, because the research project and dissertation is your own, and what gaining a master's degree is all about.

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.

Modules

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 help lead to careers in corporate finance and financial management areas or work in relevant government bodies sectors.

Typical roles may include analyst, financial planner, controller, sales manager, financial accountant, international relationship manager.

Graduates have gone on to work for Bloomberg, Starcom MediaVest Group (USA), Hellenic Bank (Cyprus), Thai Military Bank (Thailand), National Social Protection Agency (Maldives), Emaar Economic City (Saudi Arabia), Rabobank and RedCloud Technologies.

Entry requirements

Typical offer

A 2:2 or above honours degree or equivalent in a relevant discipline.

Candidates with non-standard qualifications but with relevant experience are welcome to apply.

If you do not have an honours degree you will need to provide evidence that you have satisfactory knowledge of relevant subjects. This could be an appropriate 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 don't 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 no element below 5.5. 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 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

Professional Placement Year

Year 1
  • Scheduled teaching: 339 hours
  • Guided independent study: 1461 hours
Professional Placement Year
  • Guided independent study: 50 hours
  • Placement: 1150 hours
  • 19% of your time is spent in timetabled teaching and learning activity
  • Professional Placement Year - 100% of your time is spent on guided 
  • Contact hours may vary depending on your modules

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: 87%
  • Practical: 4%
  • Exam: 9%
Professional Placement Year
  • Coursework: 100%
  • Practical: 0%
  • Exam: 0%
  • 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

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 one 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

2022/23 fees for this course

Home 2022/23

  • MSc full time £11,800

International 2022/23

  • MSc full time £17,000

2021/22 fees for this course

Home 2021/22

  • MSc full time £11,560

International 2021/22

  • MSc full time £16,500

Fees for the optional placement year

If you choose to take a placement as part of this course, you will be invoiced for the placement fee in Year 2. Find out more about the postgraduate work placement scheme and the costs for the placement year.

Funding and bursaries

Kingston University offers a range of postgraduate scholarships, including:

If you are an international student, find out more about scholarships and bursaries.

We also offer the following discounts for Kingston University alumni:

Additional costs

Depending on the programme of study, there may be extra costs that are not covered by tuition fees which students will need to consider when planning their studies. Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, access to shared IT equipment and other support services. Accommodation and living costs are not included in our fees. 

Where a course has additional expenses, we make every effort to highlight them. These may include optional field trips, materials (e.g. art, design, engineering), security checks such as DBS, uniforms, specialist clothing or professional memberships.

Textbooks

Our libraries are a valuable resource with an extensive collection of books and journals as well as first-class facilities and IT equipment. You may prefer to buy your own copy of key textbooks – this can cost between £50 and £250 per year.

Computer equipment

There are open-access networked computers available across the University, plus laptops available to loan. You may find it useful to have your own PC, laptop or tablet which you can use around campus and in halls of residences. Free WiFi is available on each of the campuses. You may wish to purchase your own computer, which can cost from £100 to £3,000 depending on your course requirements.

Photocopying and printing

In the majority of cases written coursework can be submitted online. There may be instances when you will be required to submit work in a printed format. Printing, binding and photocopying costs are not included in your tuition fees, this may cost up to £100 per year.

Travel

Travel costs are not included in your tuition fees but we do have a free intersite bus service which links the campuses, Surbiton train station, Kingston-upon-Thames train station, Norbiton train station and halls of residence.

Materials

You will be advised to purchase a specific calculator at a cost of approximately £10-£20.

Changes to courses for 2021/22 due to Covid-19

Course information (changes for 2021/22 entry)

Composition of the course

The experience of delivering courses in 2020/21 under the various Covid-19 restrictions has enabled us to better prepare and plan the delivery of our courses in 2021/22. We are confident the course can be delivered as planned and, therefore, we do not anticipate having to make any further changes to the course, i.e. number of modules or credits in a year, in response to issues arising from the pandemic. However, if this becomes necessary, the changes will be highlighted to students via email before enrolment.

Unless government advice instructs otherwise, Study Abroad programmes will take place in 2021/22. The safety of all our students is paramount, therefore, as per normal practice, all Study Abroad activities must also be approved by the University's insurers to ensure that students are adequately protected during their period abroad. We will provide updates as the pandemic situation stabilises and/or further government advice is released.

Changes can be made to courses as part of normal enhancement processes in order to keep our courses up to date with current developments in that subject area and in response to feedback from students and other key stakeholders. Any such changes made to the composition of the course will be highlighted to students by email before enrolment.

Modules

The experience of delivering courses in 2020/21 under the various Covid-19 restrictions has enabled us to better prepare and plan the delivery of our courses in 2021/22. We are confident the course can be delivered as planned and, therefore, we do not anticipate having to make any further changes to module titles and summaries or to the availability of modules in response to issues arising from the pandemic.

Changes can be made to modules as part of normal enhancement processes in order to keep our courses up to date with current developments in that subject area and to provide a high quality student experience. Any such changes made to module titles, module summaries and/or availability of modules will be highlighted to students by email before enrolment.

Length of course

We expect to deliver the course within the planned timescales to enable successful students to progress through and graduate from the course without delay.

In exceptional circumstances the sequence of learning and teaching activities may be changed in 2021/22, e.g. moving those modules which can be delivered more effectively to the first teaching block and moving back those – such as practical modules and placements – which may be more difficult to deliver due to some ongoing restrictions.

In some cases, it may be necessary to delay placement modules which may then impact the length of the course. In these circumstances the University will guide students through the appropriate options available to ensure students are able to make informed choices.

Entry requirements (changes for 2021/22 entry)

We have not changed entry requirements as a direct result of the pandemic.

Entry requirements for international students

We have not changed entry requirements for international students as a direct result of the pandemic.

Teaching (changes for 2021/22 entry)

Changes to the way the course will be delivered

As we transition from the pandemic restrictions, we expect to steadily increase the proportion of on-campus teaching. We will continue to provide a proportion of online learning, as experience has shown that this enriches and supports the student learning experience.

If the pandemic affects teaching and learning activities in 2021/22 more than we currently anticipate, the proportion of online learning will increase. However, unless a lockdown is enforced, we will ensure that all courses provide a reasonable percentage of their teaching and learning activities on campus.

Should your circumstances prevent your attendance at on-campus sessions, you should still be able to engage with your course remotely in a way that allows you to progress. Where this is not possible, for example on courses with high practical content, your course team will be able to advise you on the options available to you.

Changes to teaching in the event of a further lockdown or adjustments in government advice

The University will continue to closely monitor government announcements and advice in relation to the pandemic and, where required, will take any necessary action in order to comply with such advice.

In the event that a further lockdown is enforced in 2021/22 the University will aim to deliver the course fully online once more. The majority of our courses are prepared to be delivered fully online if the situation requires it. Where the quality of the student experience may be compromised, or the course is unable to be delivered fully online, the University may need to suspend the delivery of that course until a time that it can be delivered. Students will be supported in these situations to ensure they are able to make the right choices for their particular circumstances.

Changes to the overall breakdown of scheduled teaching hours, placements and guided independent study hours for Year 1

Changes to the overall breakdown of scheduled learning and teaching hours, placements and guided independent study hours were not and will not be made as a direct result of the pandemic.

‘Scheduled learning and teaching' includes teaching delivered online, either live or recorded/on demand.

Timetable

Your individualised timetable for teaching block 1 (i.e. up to December 2021) should be available by the end of August. Timetables for teaching block 2 (i.e. from January 2022) will not be available until the autumn. We make every effort to ensure timetables are as student-friendly as possible.

In 2020/21 it was agreed that scheduled learning and teaching could take place on any day of the week between 9am and 9pm, to maximise the time available for teaching in order to accommodate smaller group sizes and social distancing. This meant we sometimes had to use Wednesday afternoons and enrichment week for additional teaching slots. If we need to accommodate smaller group sizes and social distancing in 2021/22 we expect to adopt a similar approach. Timetables for part-time students will depend on the modules selected.

Assessment (changes for 2021/22 entry)

The experience of delivering courses in 2020/21 under the various Covid-19 restrictions has enabled us to better prepare and plan the delivery of our courses in 2021/22. We are confident the course can be delivered as planned and, therefore, do not anticipate having to make any further changes to the course, i.e. to the overall methods of assessments, in response to issues arising from the pandemic. However, if this becomes necessary, the changes will be highlighted to students via email before enrolment.

Changes are made to modules, including how they are assessed, as part of normal enhancement processes to keep our modules up to date with current developments in that subject area and in response to feedback received from students and other key stakeholders. Any changes to the overall methods of assessment for Year 1 of the course will be highlighted to students by email before enrolment.

If social distancing or lockdown restrictions are in place in 2021/22, online alternative options to formal on-campus examinations, including practical examinations, will be made available to students where possible.

Staff (changes for 2021/22 entry)

No changes are expected to the general level of experience or status of staff involved in delivering the course.

Staff are engaged in Continuous Professional Development activities to develop their teaching expertise, as part of the normal enhancement processes, to ensure that course teams have the required breadth of expertise.

Fees, funding and additional costs (changes for 2021/22 entry)

Tuition fees

There will be no changes to published tuition fees for 2021/22.

Additional costs (e.g. field trips, materials, equipment, etc.)

As we transition from the pandemic restrictions, we expect to be able to increase student access to on-campus facilities. Students will therefore have access to University computers and library facilities.

If, due to an increase in social distancing requirements or the enforcing of a lockdown, it becomes necessary to significantly increase the proportion of teaching delivered online, students will need a personal laptop or computer and access to the internet to participate in online teaching and learning activities. Students who are able to travel will have access to computers on campus, however, it should be noted that access to on-campus facilities might be restricted if social distancing requirements are enforced.

The University is committed to supporting students who are unable to access suitable technology to ensure equity of access in a blended delivery mode.

Funding

There will be no changes to any existing University funding arrangements for 2021/22. Currently there are no indications from the UK government that there will be any changes to government funding arrangements.

Fees and funding for international students

There will be no changes to published tuition fees or funding arrangements specifically relating to international students for 2021/22.

Work placements and field trips (changes for 2021/22 entry)

We are anticipating that placements (including work and clinical placements) and field trips included as part of the course will go ahead in 2021/22. However, to ensure students gain maximum value from placement activities, it may be necessary to reschedule them to later in the year, when any impacts from the pandemic restrictions are minimised.

Any proposed changes to placements or field trips would go through the University's agreed processes where the impact of the change will be carefully considered.

In the interests of the health and wellbeing of our students, all placement arrangements must be approved by the University's insurers and the appropriate risk assessments made before students are sent on a placement.

Courses which require placements or field trips to be completed in order to pass relevant modules will have contingency plans in place in the event that a placement or field trip cannot be completed due to another lockdown or more stringent social distancing measures.

Award, qualification and accreditation (changes for 2021/22 entry)

Qualification

No changes will be made to the qualification awarded, e.g. BSc (Hons), MSc, etc., as a direct result of the pandemic.

Changes can be made to courses, including the qualification awarded (although very rare), as part of normal enhancement processes in order to keep our courses up to date with current developments in that subject area. Any changes made to the qualification awarded for the course will be highlighted to students by email before enrolment.

Accreditation

The experience of delivering courses in 2020/21 under the various Covid-19 restrictions has enabled us to better prepare and plan the delivery of our courses in 2021/22. We are confident the course can be delivered as planned and in accordance with any professional body requirements. We do not anticipate making any further changes to courses in response to any issues arising from the pandemic and which would put at risk any professional body accreditation status.

Additional (changes for 2021/22 entry)

International students should maintain awareness of the UK government's and their home country's government's advice on possible travel restrictions. The University will closely monitor advice and guidance published by the UK government and assess its impact on our international students. Appropriate advice and guidance will be provided as and when required.