MSc Investment and Financial Management

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Game-changing ideas can be born when business professionals, entrepreneurial students and tech specialists come together.

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"I chose to study at Norwich Business School because of its reputation. My master’s included the academic disciplines, practical knowledge, professional field of study, key business issues and creative thinking that I particularly wanted to achieve."

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Ferhan Erdinc, Norwich Business School Graduate

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“Competing for employability prizes such as the PricewaterhouseCoopers (PWC) prize helps our students to develop their confidence with prospective employers.” Andrea Finegan, Lecturer in Corporate Finance

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If your ambition is to launch a successful career in the global corporate and financial sector, this course will give you the relevant qualifications, knowledge and skill set required to help you fulfill your potential and take the next step on the path to your chosen profession.

Overview

Designed to fully prepare you for a career in the financial sector as a manager, business analyst, trader, broker, investment advisor, consultant, credit controller, treasurer, banker, market specialist or accountant, the MSc Investment and Financial Management (MIFM) is applied in nature and a proud member of the prestigious CFA Institute® University Affiliation Program.

CFA Institute

 

Course details

There are four unique characteristics to this course:

Professional relevance and employability

Academically rigorous, this course will help you develop the general, and specialist, knowledge, skills and competencies required by employers across the globe including valuable professional qualifications from Thomson Reuters (on Eikon and Datastream). Learning in applied subject areas is lab and coursework-based, employing relevant software, tools and real data.

Broad input/Global output

Building a solid understanding of basic business concepts, functions, roles and decisions, the course requires no prior knowledge of business or finance. As befits the course profile, the material, perspective and student body is truly international.

Exposure to state-of-the-art knowledge

The course introduces you to the experience, expertise and latest research findings of the dynamic Finance research group (FIN). Which means you will be taught by leading academics and professionals at the forefront of research, practice and policy in corporate and investment finance.

NBS 2x3 Learning Method

A systematic approach that structures student learning around three main pillars, namely: asking interesting questions, challenging incorrect assumptions/conventional wisdom, and better exploiting technology. These are highly effective learning methods, supported by clear teaching objectives and evaluation criteria, early feedback from formative assessment, and feed-forward provision prior to exams.

What next?

Graduates of this programme can anticipate exciting career prospects across a variety of international fields.

In the financial sector

Graduates often work as employees or independent professionals for institutions such as investment and commercial banks, insurance companies, hedge, mutual and pension funds, brokers, rating agencies, venture capitalists and regulatory bodies. Relevant job titles include traders, financial analysts and personal financial advisors, financial managers, loan counsellors and officers, securities, commodities, and financial services sales agents, marketing specialists and risk managers. 

In corporations

Graduates are well prepared for successful careers as financial managers, analysts, treasurers, capital budget analysts, credit managers and investor relations specialists. 

In consulting firms

Graduates with finance and investment expertise are often taken on as data analysts, advisors or system developers. 

In the information and technology sector

Firms developing specialised financial software, data, news and analytics frequently employ graduates of the program.

Benefits and opportunities

  • CFA Institute® University Affiliation:  The MSc in Investment and Financial Management offers up to three scholarships for the CFA Program each year.
  • Thomson Reuters Certificates: Support and access to online training for certification in Eikon and Datastream.
  • Cash prize and scholarships: £1,000 will be awarded to the best student on the MSc programme. There will also be opportunities for funded PhD studies in the School.

Course Modules 2018/9

Students must study the following modules for 160 credits:

Name Code Credits

ACCOUNTING AND FINANCIAL MANAGEMENT

Do you want to be fluent in business? Accounting is the language of business and financial management is critical to the survival of businesses. If you want to become knowledgeable in two of the core areas in business such as accounting and financial management, then this module is for you. Throughout the module you will discover why accounting is considered a management information system and why managing the financial aspects of the business will contribute to business success. This is a semester long introductory module and no previous study of accounting or finance is required. The module will be divided in two parts: in the first part you will study accounting and in the second part of the module you will study financial management. In this module, individual study coupled with a series of lectures and seminars will give you a very good overview of the accounting and finance methods and concepts. In accounting you will learn how to read and interpret financial statements, you will acknowledge the importance of understanding and managing costs and the importance of liquidity. In financial management you will learn how investment appraisal and valuation works as well as the advantages and disadvantages of using different forms of equity and debt. All the knowledge gained by taking this module will put you at an advantage in any business meeting, benefiting your future career.

NBS-7026A

20

ADVANCED FINANCIAL AND INVESTMENT MANAGEMENT

This module aims to develop a critical understanding of how investors and portfolio managers operate within the global economy and financial markets. It will introduce key theories, concepts, methodologies, tools and best practices used in investment decision-making. The CFA knowledge domains covered include: Economics, Equities, Fixed Income, Portfolio Management, Alternative Investments and Portfolio Management/Wealth Planning.

NBS-7049X

20

CORPORATE FINANCIAL MANAGEMENT

This module is about the principles of corporate finance. The most important topics of this module are the following: goals and governance of the corporation, stakeholders and impact on corporate objectives, valuing bonds and common stocks, risk and cost of capital, corporate performance, agency problems and executive compensation packages, pay-out policy, capital structure, valuation, debt financing, mergers, corporate restructuring and corporate control around the world.

NBS-7045B

20

INTEGRATED BUSINESS DECISIONS

This is a module with a twist - building on core skills such as team-working, marketing, accounting and strategy, you'll apply your knowledge and work in teams to win different 'games' - the military has previously used such games to teach strategy and tactics. Updated to reflect the international business environment, you'll be using each game as a way to embed your knowledge and see if your team emerges as the winner!

NBS-7034X

20

INTERNATIONAL CORPORATE GOVERNANCE

This module provides the knowledge required to understand the critical role that corporate governance plays in helping to ensure confidence in financial markets. It will cover the following topics: the main corporate governance issues and the two dominant approaches to corporate governance (i.e. concentrated versus dispersed ownership structures and their related agency problems, shareholders and stakeholders view); roles of institutional investors, individual investors and stakeholders; shareholder activism; board structures including board independence and board diversity; the remuneration of CEOs and other board directors including stock option plans; regulatory aspects of corporate governance; practice and effectiveness of corporate governance both in the UK and in other selected countries; the debate on the convergence or divergence of corporate governance national systems (including the role of supra-national economic institutions as driving forces towards a convergence process). The effect of the global financial crisis in re-shaping the current debate on corporate governance and the perceived failures of corporate governance will also be taken into account.

NBS-7048B

20

MANAGEMENT SKILLS AND PERSONAL DEVELOPMENT

This module is designed to give you a solid set of management skills through which your learning from across all modules develops into a coherent whole. The focus will be on developing management skills recognised as important for securing meaningful employment in the global marketplace appropriate to the Master's level of qualification. This is an applied vision and skill development module, focusing on the development of the new skill sets for managers of the 21st century. It is designed as a learning environment and a management trainee program that focuses on the development of knowledge and skills for global leaders. A core belief underlying our approach, demonstrated in interactive sessions, stems from the Chinese proverb, "Tell me and I forget. Show me and I remember. Involve me and I understand." A variety of methods will be used to simulate a real-world business environment such as collaborative learning, lectures, management training videos, presentations, films, discussions, role plays, and workshops. This module is one of the few management courses in the UK that builds on unique features, such as individual customization, creative skill development, project based learning, and positive change. We will have intensive brainstorming sessions, problem based learning plus facilitated and self-directed action learning to help you and your colleagues develop and apply management skills for your career in the 21st century. In today's global, rapidly changing knowledge-based economy, learning and experimenting with management skills and personal development is one of the smartest investments you can make for your career. This module is only available to Norwich Business School MSc students.

NBS-7031X

20

MANAGING PEOPLE AND ORGANISATIONS

The purpose of this module is to provide you with an overview of people management - including topics from both Organisational Behaviour and Human Resource Management - and permit you to explore the question of; if people are your business, why is managing people in an organisational context so difficult? In the module you will learn about the process and development of the so-called 'soft' management competencies as well as hard management. You will focus on the development of these skills in order to increase productivity and performance as well as develop and manage people in different business contexts. You will begin with an overview of different organisational behaviours and how these can be managed within the organisation. You will learn key frameworks from organisational behaviour and human resource management and how these concepts that for instance can include leadership, team working, motivation and diversity can be applied to business scenarios. You will realise both soft and hard aspects of management in managing individual people, as well as acquiring knowledge about key HRM function and the role of line managers in managing staff. On successfully completing this module you will have gained experience of discussing differing key organisational and HRM concepts and how they can apply in different settings resulting in different outcomes. You will have gained a sensitivity to the diversity of people and organisations. You will be able to analyse organisational contexts and how people are managed to understand how you yourself would like as an individual to be managed and how this knowledge can be applied to others in a variety of different business settings.

NBS-7024A

20

STRATEGIC MARKETING MANAGEMENT

The main objective of this module is to equip you with an in-depth understanding of the strategic marketing planning process. You will be able to apply marketing principles in a strategic context and develop both a theoretical and practical knowledge of strategic marketing. A key feature is that you'll consider approaches to strategic marketing from an international perspective. Please note this module is only available to NBS MSc students.

NBS-7025A

20

Students will select 20 credits from the following modules:

These modules will run in semester 2.

Name Code Credits

ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT

This module aspires to provide you with knowledge on the significance of entrepreneurship within the economy, research-led understanding of factors that affect the entrepreneurial process and small business management functions respectively.

NBS-7029B

20

INTERNATIONAL FINANCIAL REPORTING

We live in an increasingly connected and globalised world. How companies report their financial performance and position in today's economic environment? If you want to understand international accounting and how businesses communicate their profit or their loss, their assets, liabilities and equity to a wide range of users, then this module is for you. Throughout the module you will discover the techniques of financial reporting and the interesting debates that surrounds them. You will gain a firm grounding in the study of international accounting standards which have begun to dominate financial reporting networks throughout the world. The module includes an examination of current professional reporting requirements for single companies and groups of companies. You will begin with an overview of the regulatory framework for international financial reporting and of the efforts towards international harmonisation. You will then explore the stimulating debate of measurement and valuation in the financial accounting process. You will continue with the equally interesting issue of recognition of assets and liabilities in financial statements and conclude with the fascinating part of analysing financial statements. At the end of this module you will be able to present quantitative financial reporting data, to reflect critically on current financial reporting debates and to analyse quantitative and qualitative financial reporting data. These valuable skills will give you an advantage in your future business career.

NBS-7043B

20

QUANTITIVE FINANCE

This module aims to introduce the conceptual and practical aspects of designing, implementing and evaluating financial models focusing on their application to investment and valuation analysis. You will become familiar with some of the most widely used methodologies, models, tools and systems used in financial practice. Most of the applications of the module will use Microsoft Excel spreadsheets but other add-ons or standalone systems will also be discussed along with sources of financial information and data. The first part of the module will present the main statistical tools used in investment practice, such as descriptive statistics, estimation, regression analysis, time series analysis and simulation analysis. The second part will develop models for the analysis and valuation of equity securities and apply them in a variety of investment scenarios.

NBS-7047B

20

Disclaimer

Whilst the University will make every effort to offer the modules listed, changes may sometimes be made arising from the annual monitoring, review and update of modules and regular (five-yearly) review of course programmes. Where this activity leads to significant (but not minor) changes to programmes and their constituent modules, there will normally be prior consultation of students and others. It is also possible that the University may not be able to offer a module for reasons outside of its control, such as the illness of a member of staff or sabbatical leave. In some cases optional modules can have limited places available and so you may be asked to make additional module choices in the event you do not gain a place on your first choice. Where this is the case, the University will endeavour to inform students.

Further Reading

Entry Requirements

  • Degree Subject All subjects* (excluding UK degrees in a business-related subject, for which our Academic & Professional Courses are more suitable) *Degrees in dance, drama, music, sport, art, and art and design will be considered on a case by case basis and are reviewed closely for their academic content.
  • Degree Classification Good 2.2 or equivalent

Entry Requirement

Applicants should normally have a good first degree from a recognised higher education institution in the UK or overseas in disciplines other than business or management. Applicants from overseas may hold a non-UK degree in any discipline.

It is normal for undergraduate students to apply for entry to postgraduate programmes in their final year of study. Applicants who have not yet been awarded a degree may be offered a place conditional on their attaining a particular class of degree

Students for whom English is a Foreign language

We welcome applications from students whose first language is not English. To ensure such students benefit from postgraduate study, we require evidence of proficiency in English. Our usual entry requirements are as follows:

  • IELTS: 6.5 with a minimum of 6.0 in all components
  • PTE (Pearson): 62 with a minimum of 55 in all components

Test dates should be within two years of the course start date.

Other tests, including Cambridge English exams and the Trinity Integrated Skills in English are also accepted by the university. The full list of accepted tests can be found here: Accepted English Language Tests

INTO University of East Anglia

If you do not meet the academic requirements for this course, you may be able to study one of the International Graduate Diploma programmes offered by our partner INTO UEA. These programmes guarantee progression to selected masters degrees if students achieve the appropriate grade. For more details please click here:

International Graduate Diploma in Business

INTO UEA also run pre-sessional courses which can be taken prior to the start of your course. For further information and to see if you qualify please contact intopre-sessional@uea.ac.uk

Fees and Funding

Tuition Fees for 2018/19

Tuition fees for the academic year 2018/19 are:

  • UK/EU Students: £9,750
  • International Students: £15,900

If you choose to study part-time, the fee per annum will be half the annual fee for that year, or a pro-rata fee for the module credit you are taking (only available for UK/EU students).

International applicants from outside the EU may need to pay a deposit.

We estimate living expenses at £1,015 per month.

Living Expenses

Approximately £9,600 living expenses will be needed to adequately support yourself.

Scholarships

Scholarships may be offered to Home/EU and Overseas students. Scholarships are normally awarded to students on the basis of academic merit and are usually for the duration of the period of study.

Funding for postgraduate study is also available both from the university and from a number of external schemes.

Find out more about scholarships, funding and bursaries.

How to Apply

Applications for Postgraduate Taught programmes at the University of East Anglia should be made directly to the University. You can apply online.

Further Information:

To request further information & to be kept up to date with news & events please use our online enquiry form.

If you would like to discuss your individual circumstances prior to applying please do contact us:

Postgraduate Admissions Office
Tel: +44 (0)1603 591515
Email: admissions@uea.ac.uk

International candidates are also encouraged to access the International Students section of our website.

    Next Steps

    We can’t wait to hear from you. Just pop any questions about this course into the form below and our enquiries team will answer as soon as they can.

    Admissions enquiries:
    admissions@uea.ac.uk or
    telephone +44 (0)1603 591515