Part-time MSc Financial Management
Program Overview
The part-time MSc Financial Management program equips students with the skills and knowledge needed for a successful career in finance. Through a blended learning format, students develop analytical skills, financial literacy, and the ability to effectively communicate and solve problems in finance. The program provides opportunities for research, practical application, and building a global network, preparing graduates for diverse career paths in the financial industry.
Program Outline
Degree Overview:
This part-time MSc Financial Management program is designed to equip students with the skills, knowledge, and confidence needed for a successful career in financial management. The program provides a deep understanding of financial markets in a global context and emphasizes the importance of strong analytical skills.
Objectives:
The program aims to develop students' abilities to:
- Understand the tasks and objectives of financial managers and other finance practitioners.
- Describe and interpret the functioning of financial markets.
- Analyze and synthesize complex information from corporations and financial markets.
- Offer solutions to challenging problems in finance.
- Search and gather relevant financial information from various sources.
- Develop flexible and transferable skills essential for finance professionals.
Outline:
Content:
The MSc Financial Management program covers foundational units in finance and accounting, along with advanced units in the following areas:
- Financial Management: This unit delves into the core principles and practices of financial management, including capital budgeting, cost of capital, and financial planning.
- Financial Markets: This unit explores the structure, functioning, and dynamics of financial markets, including equity markets, debt markets, and derivatives markets.
- Financial Strategy: This unit focuses on the strategic use of finance to achieve organizational goals, including mergers and acquisitions, corporate restructuring, and risk management.
- Private Equity: This unit examines the role of private equity in financing and managing businesses, including investment strategies, deal structuring, and exit strategies.
- Data Analysis & Statistical Techniques: This unit equips students with the skills to analyze financial data using statistical methods and econometric tools.
- Quantitative Methods for Financial Management: This unit provides a deeper understanding of quantitative techniques used in financial modeling, valuation, and risk management.
Structure:
The program is delivered in a blended learning format, combining online learning with face-to-face workshops. The workshops are held twice a year for six days each, with locations varying between Manchester, Shanghai, Hong Kong, Singapore, and Dubai.
Course Schedule:
The program is designed to be completed over 24 months. The next enrollment is scheduled for September 2024.
Individual Modules:
The program consists of the following modules:
- Introduction to corporate finance
- Cost of capital estimation and advanced capital budgeting techniques
- The choice between equity capital and debt capital
- FOUNDATIONS OF ACCOUNTING:
- Introduction to accounting
- Accounting conventions and techniques to support organizational decision-making
- Foundations and principles of management and financial accounting
- Introduction to finance
- Time value of money and asset valuation
- Cost of capital and capital budgeting techniques
- Introduction to corporate finance
- Cost of capital estimation and advanced capital budgeting techniques
- The choice between equity capital and debt capital
- Basic econometric tools to estimate relationships between variables
- Formulation of empirical hypotheses to be tested
- Interpretation of results from statistical and econometric outputs
- Basic econometric tools to estimate relationships between variables
- Formulation of empirical hypotheses to be tested
- Interpretation of results from statistical and econometric outputs
- Principles underlying financial decision-making by multinational corporations
- Foreign direct investment decisions, exchange risk and hedging techniques
- Political risk measurement and management
- VENTURE CAPITAL AND PRIVATE EQUITY:
- Introduction to venture capital and private equity
- Fund raising activities by private equity investors
- Identification of capital investment opportunities and capital allocation, and management of investments to maximize returns
- Evaluation of alternative business models to create and capture value
- Short- and long-term financial decisions over the lifecycle of the firm
- Fintech and other innovative sources of finance
- GROUP PROJECT:
- Selection of suitable methods and analysis of information
- Dissemination of the results of the study
Assessment:
Assessment Methods:
The program utilizes a variety of assessment methods, including:
- Assignments: Students complete individual and group assignments to apply their knowledge to real-world scenarios.
- Presentations: Students present their findings and analysis to their peers and faculty. The criteria typically include:
- Analytical skills: Applying critical thinking and analytical skills to solve problems.
- Communication skills: Effectively communicating findings and arguments in written and oral formats.
- Research skills: Conducting research and gathering relevant information.
- Teamwork skills: Collaborating effectively with peers on group projects.
Teaching:
Teaching Methods:
The program employs a variety of teaching methods, including:
- Lectures: Interactive lectures delivered by experienced faculty.
- Case studies: Analyzing real-world business cases to apply theoretical concepts.
- Group discussions: Engaging in discussions and debates to share perspectives and insights.
- Workshops: Hands-on workshops to develop practical skills and knowledge.
- Online learning: Utilizing online platforms for course materials, assignments, and communication.
Faculty:
The program is taught by a team of academics with extensive experience in finance and teaching. The faculty are actively involved in research and bring their expertise to the classroom.
Unique Approaches:
- Finance Zone: Students have access to Alliance Manchester Business School's Finance Zone, a comprehensive collection of financial and business databases.
- Blended Learning: The program's blended learning format combines online learning with face-to-face workshops, providing flexibility and a dynamic learning experience.
- Global Network: The workshops provide opportunities to connect with peers from diverse professional backgrounds and build a global network.
Careers:
Potential Career Paths:
Graduates of the MSc Financial Management program are well-prepared for a variety of careers in finance, including:
- Financial Analyst: Analyzing financial data and providing investment recommendations.
- Portfolio Manager: Managing investment portfolios for individuals or institutions.
- Corporate Finance Manager: Overseeing financial planning, budgeting, and investment decisions for companies.
- Investment Banker: Advising companies on mergers and acquisitions, capital raising, and other financial transactions.
- Financial Consultant: Providing financial advice to individuals and businesses.
Opportunities:
The program provides students with the skills and knowledge to pursue career opportunities in various sectors, including:
- Financial services: Investment banks, asset management firms, hedge funds, and insurance companies.
- Corporate finance: Companies in various industries seeking financial professionals.
- Government and regulatory bodies: Financial regulators and government agencies.
- Non-profit organizations: Organizations seeking financial expertise for fundraising and management.
Outcomes:
Graduates of the program are equipped with the skills and knowledge to:
- Secure competitive jobs in finance.
- Advance their careers in existing roles.
- Start their own businesses.
- Contribute to the financial industry.
Other:
- Location: The program is delivered in a blended learning format, with course conferences in Dubai.
- Resources: Students have access to Alliance Manchester Business School's Finance Zone, one of the UK's most comprehensive collections of specialist financial and business databases.
- Workshops: The workshops provide opportunities for experiential learning, applying theory to real business problems in multicultural groups.
The University of Manchester Middle East Centre
Overview:
The University of Manchester Middle East Centre is a branch of the renowned University of Manchester, offering world-class blended learning Master's programs in Dubai. It caters to busy executives, providing flexible and convenient options for those seeking to advance their careers, change roles, or become entrepreneurs. The Centre boasts a strong reputation, holding a top ranking in global MBA programs.
Services Offered:
The Centre offers a range of services to students, including:
Blended learning programs:
Combining online and in-person learning to accommodate busy schedules.Global Careers Service:
Providing support and guidance for career development.Networking opportunities:
Connecting students with industry professionals and alumni.Executive Education:
Offering specialized programs for professionals seeking to enhance their skills.Student Life and Campus Experience:
Key Reasons to Study There:
Top-ranked programs:
The Centre's MBA program is highly ranked globally, providing a prestigious qualification.Triple MBA accreditation:
The Centre holds accreditation from AACSB, AMBA, and EQUIS, signifying its high standards.Global reach:
Students benefit from the University of Manchester's international network and connections.Flexible learning:
The blended learning format allows students to study at their own pace and around their commitments.Experienced faculty:
The Centre boasts a team of experienced and knowledgeable faculty members.Academic Programs:
The Centre offers a variety of Master's programs, including:
Global Part-time MBA:
Designed for working professionals seeking to enhance their business acumen.Global Executive MBA:
A rigorous program for experienced executives aiming for leadership roles.Part-time MSc Financial Management:
Focusing on financial management principles and practices.Part-time MA Educational Leadership in Practice:
Equipping professionals with leadership skills in education.Other:
The Centre has a strong focus on social responsibility and actively engages in community initiatives. It also hosts numerous events throughout the year, providing opportunities for networking and professional development.
Entry Requirements:
- **Normally, a 1st or 2:1 UK Bachelor's honours degree or international equivalent or A Master's degree or international equivalent from an institution.
- **We expect that most candidates interested in this Master's will have a degree in engineering, mathematics, business, economics, science or other related subjects; however your degree can be in any discipline if you can demonstrate that you have good numeracy and analytical skills.
- **We can also consider: Excellent candidates with a 2:2 UK Bachelor's honours degree or international equivalent, with at least one year of relevant professional experience who can demonstrate their suitability and motivation for this Master's course. The degree should be in a relevant subject with good grades in quantitative subjects. An interview may be required.
Language Proficiency Requirements:
- In the case of non-native speakers of English an IELTS profile of 6.5 overall with no less that 6.5 in the writing component and no other subsection below 6.0
- **Or TOEFL internet-based score of 90 or more overall, with a minimum writing score of 22 and no other section below 20.
- Or Cambridge Certificate of Advanced English (CAE) or Certificate of Proficiency in English (CPE) overall score of 176 or above, with 176 in writing and no sub-section below 169
- **Or Grade C if taken before January 2015 (the Cambridge First Certificate in English is not acceptable).
- Or Pearson test of English score of 59 or more overall, with a minimum writing score of 59 and no other subsection below 51