入学要求 Requirement:
学术要求: A second-class honours degree in a relevant subject, or equivalent professional experience and/or qualifications.
英语要求:English language proficiency at a minimum of IELTS band 6.5 with a minimum score of 6.0 in all individual components, or equivalent.
学费 Tuition Fee:2011/2012 £10,100
课程特征 Course Features:
The MSc Financial Decision Analysis is practically orientated and based on financial, computational and modelling studies related to financial decision making and analysis, including investment, risk management, budgeting, finance, financial analysis, planning and forecasting, and research methods.
The course is specifically designed for those with non-financial backgrounds who would like to move into positions involving financial decision analysis in a variety of different organisations.
课程内容 Course Content :
You will study five core units and three optional units (see below). This degree can be studied over a period of 14 months full time.
Core units
•Financial Analysis
•Decision and Risk Analysis
•Corporate Finance
•Business Systems and Planning
•Research Methods
Optional units
•Strategic Management Accounting and Resource Allocation
•Information Strategy
•Behavioural Finance
•Derivatives
•Business Valuation
•Fixed Income Securities
Unit descriptions
Financial Analysis
This unit will enable you to gain a critical awareness of the financial environment from both an accounting and finance perspective. You will learn to understand and interpret company reports, examine the role of the regulatory environment for corporate reporting and the stock market, and explore the pricing of bonds and shares.
Decision and Risk Analysis
The key areas of decision and risk analysis are covered in this unit, alongside the process of decision making, key statistical concepts, and selecting and using appropriate software tools as aids to decision making.
Corporate Finance
This unit will look at shareholder value and the goals of the firm, corporate governance, advanced capital budgeting, strategic analysis of capital investment decisions, dividend policy, financing policy, and mergers and acquisitions.
Business Systems and Planning
This unit covers business planning and control systems, including issues such as budgeting, the design of management control systems, and the design and development of spreadsheetbased decision support systems.
Research Methods
So that you are well equipped to complete your dissertation, this unit explores research philosophy and approaches, literature reviews, sampling, questionnaires and interviews.
Strategic Management Accounting and Resource Allocation
This unit explores the relationship between strategy, strategic management and strategic management accounting and sets the latter in the context of the historical development of management accounting in general. It also critically evaluates the various tools, techniques and approaches with regard to their strengths and weakness in a variety of contextual settings.
Information Strategy
The importance of information systems in achieving the strategic objectives of an organisation is considered in this unit. It will also analyse the key issues relating to the strategic management of the information resource.
Behavioural Finance
This unit looks at the psychological, institutional and agency theory ideas; key empirical research on the explanatory and predictive power of models on the implementation of investment strategies; guided critical analysis of research and analysis of live data.
Derivatives
This unit will develop your knowledge of the theory and applications of key financial derivatives products with the emphasis on futures, forwards, interest rates and swaps.
Business Valuation
This unit explores particular issues in corporate finance practice related to the important area of business valuation. This area of study is particularly relevant for mergers and acquisitions, initial public offerings, litigation and forensic accounting work.
Fixed Income Securities
This unit provides students with a thorough understanding of the fixed income securities market and develops the analytical skills specific to valuing fixed income securities and the management of interest rate risk.
教学与评估 Teaching and Assessment:
Teaching methods for both finance degrees include lectures, seminars, computer-based workshops and case studies. Student participation is encouraged and classes are challenging, but informal and friendly, promoting discussion and debate. The course tutors are available to support your studies and you will also have a personal tutor to provide help and guidance for any problems that you might have. Assessment on most units is through a mix of coursework and examination.
You will also be required to prepare a 15,000-word research dissertation on a subject of your own choice. A supervisor will be appointed to support your study.
职业机会 Career Opportunities:
Past students have gained employment in a wide range of roles and industrial sectors. These include accountancy and general management as well as investment analysis, banking and investment banking in financial institutions. Both courses are also suitable for students who are aiming for careers in corporate financial management in large non-financial companies.