Postgraduate MSc/PgDip/PgCert

Finance and Investment Management

Salford Business School

Full-time

Part-time

Attendance

One year

Two year

Course

June 2019

Next enrolment
Introduction

In a nutshell

This programme follows the Chartered Financial Analyst (CFA) syllabus, preparing students to sit for the professional CFA exams.

Your studies will cover modern finance and investment theory to provide you with solid foundations and practical business techniques so that you are fully aware of the implications and assumptions in use. You will learn to critically appreciate the limitations of modern finance and investment methodologies and to apply them in different contexts.

The programme is industry-focussed and makes extensive use of real-world examples to examine the application of your learning. You will work in the University's Bloomberg trading room to develop your trading skills.  In the final semester, you will work on the Industry Collaboration Project, a live industry brief either for your own employer or with another organisation.  You will choose one of four options to look at a real industry problem and provide researched solutions, helping you put your learning into practice.

International students should apply for the MSc route.

You will:
  • Receive training on the University’s Bloomberg Trading facilities
  • Explore key finance and investment management theory
  • Prepare to sit CFA examinations
Placement

options available

International

students accepted

This is for you if...

1.

You aspire towards a career in finance or investment management

2.

You enjoy practical learning

3.

You are a critical thinker

4.

You have an interest in trading

5.

You aim to become a Chartered Financial Analyst

6.

You enjoy exploring real-world examples and case studies

Course details

All about the course

The course is delivered in four blocks of intensive study periods. For each block, you study a single module for a 6-week period. Face-to-face teaching is delivered on campus for six hours each week. In addition, you will attend the taught element of the Industry Collaboration Project one afternoon a week during the six-week blocks.

The Industry Collaboration Project (ICP) module accounts for the final 60 credits of your degree. You will have the opportunity to select between a live project, placement, internship or dissertation, all of which are designed to accommodate your career aspirations and enhance your professional experience.

You will be allocated a supervisor who will mentor you through the ICP. You will also have the opportunity to engage with the Student Hub and askUS. askUS can help with pre project/placement support for students and opportunities for those going on placement to participate in training workshops to ensure best practice. The Student Hub can helps you to find internships, placements and live projects for your Industry Collaboration Project.

Part-time students study alternate modules (one module on, one module off) to complete their degree in two years. During this period, you will also undertake independent study in your own time with online support through the University’s virtual learning environment, Blackboard.

For the final third of your studies, you will work on your Industry Collaboration Project, working with your own or another organisation on a live brief.

Semester one

Risk, Portfolio and Investment Analysis

Risk Portfolio and Investment Analysis aims to help you understand and apply the general principles behind modern risk management approaches. In this module, you will devise strategies to use modern portfolio management approaches and critically evaluate the limitations of modern statistical techniques in making financial decisions.

Corporate and Quantitative Finance

In this module, you will critically assess modern corporate governance in light of the recent financial crisis and review the ethical issues in running modern firms. You will also critically assess modern capital structure theory, the risks and opportunities involved in mergers and acquisitions and the limitations and applications of statistical methods in finance.

Semester two

Fixed Income and Derivative Securities Analysis

This module aims to help you understand and apply the general principles behind the valuation of fixed income and derivative securities. You will devise strategies to solve problems facing institutional investors, governments and transnational bodies.

Equity Valuation and Financial Analysis

This module involves the evaluation of the theoretical basis of modern equity valuation and the concepts behind financial reporting. You will examine the impact of market and accounting based factors on the performance of firm equity value and devise strategies to minimise the risks associated with equity valuation.

Semester three (Industry Collaboration Project (ICP) - choose one from)

Work Placement

The paid Work Placement gives you the chance to undertake a six month project with an organisation located regionally, nationally or internationally. By exploring a key issue impacting an organisation, you will apply the theoretical knowledge gained through your studies and develop and use appropriate problem-solving skills in a real-world environment.

You will create an initial 1,500 word research proposal then compile an 8,500 – 10,000 word portfolio of evidence that shows the work undertaken, the deliverables created, the impact achieved, the theories and concepts applied, the data gathering activities undertaken and a critical reflection by the student of their work practices and learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:
10% project proposal
80% portfolio
10% presentation

Internship

The unpaid Internship option of the Industry Collaboration Project aims to equip you with the relevant practical skills to critically identify and evaluate key issues impacting organisations and their environments either in the UK or overseas.

Over a three month period, you will work alongside an organisation to identify and explore a real organisational issue.  You will have specified learning goals and will need to actively reflect on what is being learned throughout the experience.

You will create an initial 1,500 word research proposal then compile an 8,500 – 10,000 word portfolio of evidence that shows the work undertaken, the deliverables created, the impact achieved, the theories and concepts applied, the data gathering activities undertaken and a critical reflection by the student of their work practices and learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:

10% project proposal
80% portfolio
10% presentation

Dissertation

An advanced-level applied research pathway based on a real-world business problem and examining an issue important to an organisation.   The Dissertation path gives you the opportunity to apply the theoretical and practical knowledge gained from the taught elements of the programme to a current organisational issue and deploy and effectively use appropriate problem-solving skills through critical self-reflection and methodical, systematic research.  It is an excellent option if you are considering moving into academic research and PhD studies.

You will create an initial 1,500 word research proposal consisting of research questions, aims and objectives, and the rationale for undertaking the study.  The 12,000 – 15,000 word dissertation will include literature review, research methodology, analysis of findings, conclusions, recommendations and a critical reflection of your learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:

10% project proposal
80% portfolio
10% presentation

Entrepreneurship

Please note, this option is available from September 2019
Through this option, along with applying your theoretical knowledge from the taught elements of the programme, you will develop the transferable skills and qualities required for entrepreneurial behaviour and work on your own innovative business idea. You will reflect on business opportunities, challenges and strategies with the aim of establishing a new businesses, or incorporating entrepreneurial thinking into the management of an existing organisation. The three month Entrepreneurship path will be assessed through the development of an Initial Business Proposal and an 8,500 word Comprehensive Business Proposal accompanied by a 30 minute presentation.

Please note that it may not be possible to deliver the full list of options every year as this will depend on factors such as how many students choose a particular option. Exact modules may also vary in order to keep content current. When accepting your offer of a place to study on this programme, you should be aware that not all optional modules will be running each year. Your tutor will be able to advise you as to the available options on or before the start of the programme. Whilst the University tries to ensure that you are able to undertake your preferred options, it cannot guarantee this.

What will I be doing?

The course is block delivered with students studying a single module for a six week period. Face to face teaching is delivered on campus for two half days each week. In addition, you will attend the taught element of the Industry Collaboration Project each Wednesday afternoon during the six week blocks, with independent study completed in your own time through the University’s virtual learning environment, Blackboard. Individual student timetables are provided during induction week.

Teaching is delivered through a combination of lectures, seminars and tutorials, using a wide range of learning activities.

ASSESSMENT
Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.

Salford Business School

Salford Business School aims to be the most business-informed, industry-relevant business school in the UK. Industry shapes everything we do, from informing our students’ learning to providing work placements, driving our research and influencing our academic staff.  You will work in the Bloomberg trading suite which replicates a real-world trading room.

We want you to gain the best academic and personal experience possible. As a student here, you’ll have access to a range of experiences and opportunities, including internships and work placements in the UK or internationally so you graduate with much more than a degree.

Our facilities

Salford Business School is located at the heart of the University’s Peel Park campus and just minutes from Manchester city centre. Teaching facilities include Lady Hale and Chapman buildings, which offer stylish modern spaces with lecture theatres equipped with the very latest technology and large screen displays. A dedicated Employability team will help you with work placements and access to work skills. Throughout campus, there is a choice of individual study areas, communal learning and breakout spaces, plus a selection of food outlets.

Employment and stats

What about after uni?

Students on completing this course will be able to work as analysts, investment manager, risk managers, fund managers in a wide range of financial industries.

A taste of what you could become

A chartered financial analyst

A stockbroker

An actuary

A data analyst

An economist

And more...

Career Links

The University of Salford grew out of the institutes of the late 19th century that provided a talented, technically proficient and professional workforce to support the UK’s rapidly growing industries. In the 21st century, this still holds strong. Whilst industry has changed significantly, the need for industry-focused education is equally relevant today.

We teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.

The curriculum across our postgraduate courses balances academic teaching and professional experience. Our industry partners give us their input into the curriculum so that the teaching reflects industry’s current and future needs and you develop the skills that employers want. The Industry Collaboration Project, which forms the final third of your study, is designed to give you real-world experience so you can apply the theory you have learned.

Requirements

What you need to know

This programme is suitable for any graduate who wishes to specialise in modern finance, banking, risk management and investment.

The MSc is the only route available for international students.

English Language Requirements

Normally IELTS 6.5 with no individual element below 5.5, or equivalent recognised Secure English Language Test, (SELT).

If the English language qualification is slightly below this level candidates may be able to take one of the many English courses available in the University.

Standard entry requirements

Undergraduate degree

A minimum 2:2 degree or equivalent or successful completion of the Graduate Certificate International Management.  A wide range of professional qualifications are also accepted.  

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

Alternative entry requirement

Accreditation of Prior Learning

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.

Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL).

How much?

2019 fees shown below are for programmes starting in September 2019.  The fees for programmes starting in March, June and July 2019 are:

Home/EU        £8,550
International    £14,400

Type of study Year Fees
Full-time home/EU 2019 £7,776per year
Full-time international 2019 £14,274per year
Part-time 2019 £1,296 per 30 credit module
Additional costs

For more information please see our funding section.

ADDITIONAL COSTS

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.

Apply now

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Enrolment dates

June 2019

July 2019

September 2019

November 2019

January 2020

March 2020

June 2020

July 2020

September 2020

November 2020