The programme comprises a range of compulsory and optional taught modules. Taught element comprises 140 credits and non-taught 40 credits Dissertation.
The MSc will be awarded on successful completion of 180 credits.
Corporate Finance and Risk (Compulsory – 20 credits)
The main purpose of this module is to provide a systematic knowledge and understanding of a range of approaches to corporate finance and risk. It combines a theoretical approach to financial theory with the practical tools and techniques of corporate financial management. It outlines the sources of funds available to the corporate sector and the operation, importance and impact of global financial markets. It examines how corporate organisations plan for, finance, and fund investments, including mergers, acquisitions and brand new operations. The module also outlines the nature of risk and the tools and techniques to cope with and manage risk in the corporate environment.
Written Coursework (60%)
Presentation and Report (40%)
Current Issues in Accounting, Economics and Finance (Compulsory – 20 credits)
The world of finance is ever changing – during any semester there will be major changes in terms of corporate finance, national finance, international finance or all three. The aim of this module is to allow students an opportunity to engage, reflect and critically evaluate these contemporary events.
Written Coursework (50%)
Reflective Logs (50%)
Professional Development and Practice in Business and Management (Compulsory – 10 credits)
The aim of this module is to provide students with the tools, techniques and competencies to enhance both their academic learning and personal development. It requires students to reflect upon their performance and intellectual development. In addition, the module aims to develop and promote critical employability skills to enhance student career opportunities and prospects.
Governance, Risk and Ethics (Compulsory – 20 credits)
This module is designed to enable students to analyse and critically evaluate the role and application of professional ethics and corporate governance and corporate social responsibility (CSR) in the management and control of businesses.
Research Methods (Compulsory – 10 credits)
This module provides a comprehensive introduction to research as practised in finance and related disciplines. It provides an overview of the key quantitative and qualitative methodologies that are needed to undertake, evaluate and present a small scale research project. Following an introduction to research the module will move on to explore the major paradigms and debates.
It will help students to build appropriate strategies for reviewing literature and developing a coherent set of aims and objectives for a research study.
It identifies how to develop research questions/hypotheses and how to produce a robust and realistic research proposal and research design considering issues of data validation, triangulation and reliability.
It will develop the students’ awareness of the importance of Ethical considerations within a research project.
Ethics Form (30%)
Dissertation (Compulsory – 40 credits)
The dissertation provides an opportunity for in depth study of a topic relevant to management. On successful completion of the module, the student should be able to critically evaluate major schools of thought within relevant financial management theory; translate theory into practice through the study of its application in the real world; undertake empirical research in this area and draw strategic conclusions about the implications of the results for managerial decision-making.
Advanced Financial Management (Elective – 20 credits)
This module is designed to enable students to analyse, apply and critically evaluate the role and responsibility of the accountant towards stakeholders and advanced techniques in financial management.
Advanced Corporate Reporting (Elective – 20 credits)
This module is designed to enable students to analyse, apply and critically evaluate the professional and ethical duty of the accountant and the reporting of an entity’s financial performance and position.
Quantitative Finance (Elective – 20 credits)
The aim of the course is to give students confidence and skill in the use of the mathematical and statistical methods used in the field of financial management, including the calculation of financial market yields and prices, frequency distributions, risk and probability, correlation and regression analysis.
Advanced Performance Management (Optional – 20 credits)
This module is designed to enable students to analyse, apply and critically evaluate external influences on organisational performance and strategic performance measures.
Capital Markets and Derivatives (Optional – 20 credits)
The module is designed to build on the finance related knowledge and skills acquired in Compulsory modules a strategic understanding of capital markets and their most volatile instruments. It will provide a sound understanding of modern corporate finance theory and practice and will equip students with the ability to analyse internal & external accounting statements.
Professional Work Experience (Optional – 20 credits)
The aim of this module is to allow students an opportunity to undertake a substantial, significant work placement to gain experience in an organisation relevant to their Master’s Award Students should be able to transfer and apply diagnostic and creative skills, and exercise significant judgment in a range of situations through their experience in their work placement.
Written Report (30%)
Employers Report (30%)
Reflective Log (20%)
The teaching philosophy of these programmes is to deliver wherever possible each module with a multi-disciplinary teaching team, providing a more effective framework to encourage and promote an integrated understanding of the field. The role of the module leader will be to co-ordinate, and in effect oversee the delivery of content by the modular team, ensuring that learning outcomes are met.
Module teaching teams will be drawn from the course teaching team. This will not only enhance student learning but provide teaching staff with the opportunity to develop their own knowledge and understanding of other business and management disciplines. This approach to teaching will shape and direct content in a complementary and mutually reinforcing way, allowing for the development of multi-disciplinary assignments and projects and students could be exposed to integrated formative assessments.
Increasing use is being made of the “Moodle” Virtual Learning Environment and, whilst individual lecturers have individual styles, students will be expected to engage in webinars, on-line discussion forums etc. Prospective students should note that the availability of a VLE is not considered a substitute for regular attendance and in a normal week they will be expected to attend a mixture of lectures and seminars for up to 12 hours per week. Please note that is possible that teaching time is between 9.00 am and 9.00 pm.
There is a common shared spine within these programmes which overlaps with existing Masters level programmes within Cardiff School of Management. Consequently students will, for some modules, be taught with students on the MBA, MSc Financial Management and MSc International Business Management programmes. The teaching team consider this a strength of the portfolio.