MSc Finance

This module provides students with fundamental knowledge in principles of international corporate finance and asset pricing to understand and analyse the major issues affecting the financial policies of corporation in capital markets. This course is concerned with the decisions that firms make about financing their investment in a global economic environment. You will study the principles underlying such decision-making, their application and debates over them in relation to the modern literature to develop analytical skills in a challenging global environment, and other complex specialised contexts.

Welcome to this module on Risk Management: Principles and Applications. This module has four main aims, to: illustrate the main types of risk; present the most important ideas and methods used in the analysis of portfolios of financial securities, including stocks and bonds; explain how rational investors can use financial derivatives (mainly, futures and options) in order to alter the risk of their investment position; and illustrate some more specialised risk management techniques, such as Value at Risk and Credit Risk. The emphasis throughout is on the general principles behind the investment decisions, rather than on case studies or anecdotal evidence. Thus, you will study: the main features of portfolios, which include stocks and bonds, how to calculate their risk, and how investors can combine their holdings of different securities to reduce their overall risk without sacrificing return. Similarly, when you deal with futures and options, you will explore how these instruments can be used to manage risk and to expand the opportunity set of investors.

This module provides students with fundamental knowledge in principles of international corporate finance and asset pricing to understand and analyse the major issues affecting the financial policies of corporation in capital markets. This course is concerned with the decisions that firms make about financing their investment in a global economic environment. You will study the principles underlying such decision-making, their application and debates over them in relation to the modern literature to develop analytical skills in a challenging global environment, and other complex specialised contexts.

Welcome to this module on Risk Management: Principles and Applications. This module has four main aims, to: illustrate the main types of risk; present the most important ideas and methods used in the analysis of portfolios of financial securities, including stocks and bonds; explain how rational investors can use financial derivatives (mainly, futures and options) in order to alter the risk of their investment position; and illustrate some more specialised risk management techniques, such as Value at Risk and Credit Risk. The emphasis throughout is on the general principles behind the investment decisions, rather than on case studies or anecdotal evidence. Thus, you will study: the main features of portfolios, which include stocks and bonds, how to calculate their risk, and how investors can combine their holdings of different securities to reduce their overall risk without sacrificing return. Similarly, when you deal with futures and options, you will explore how these instruments can be used to manage risk and to expand the opportunity set of investors.

This module provides students with fundamental knowledge in principles of international corporate finance and asset pricing to understand and analyse the major issues affecting the financial policies of corporation in capital markets. This course is concerned with the decisions that firms make about financing their investment in a global economic environment. You will study the principles underlying such decision-making, their application and debates over them in relation to the modern literature to develop analytical skills in a challenging global environment, and other complex specialised contexts.

Welcome to this module on Risk Management: Principles and Applications. This module has four main aims, to: illustrate the main types of risk; present the most important ideas and methods used in the analysis of portfolios of financial securities, including stocks and bonds; explain how rational investors can use financial derivatives (mainly, futures and options) in order to alter the risk of their investment position; and illustrate some more specialised risk management techniques, such as Value at Risk and Credit Risk. The emphasis throughout is on the general principles behind the investment decisions, rather than on case studies or anecdotal evidence. Thus, you will study: the main features of portfolios, which include stocks and bonds, how to calculate their risk, and how investors can combine their holdings of different securities to reduce their overall risk without sacrificing return. Similarly, when you deal with futures and options, you will explore how these instruments can be used to manage risk and to expand the opportunity set of investors.

This module provides students with fundamental knowledge in principles of international corporate finance and asset pricing to understand and analyse the major issues affecting the financial policies of corporation in capital markets. This course is concerned with the decisions that firms make about financing their investment in a global economic environment. You will study the principles underlying such decision-making, their application and debates over them in relation to the modern literature to develop analytical skills in a challenging global environment, and other complex specialised contexts.

Welcome to this module on Risk Management: Principles and Applications. This module has four main aims, to: illustrate the main types of risk; present the most important ideas and methods used in the analysis of portfolios of financial securities, including stocks and bonds; explain how rational investors can use financial derivatives (mainly, futures and options) in order to alter the risk of their investment position; and illustrate some more specialised risk management techniques, such as Value at Risk and Credit Risk. The emphasis throughout is on the general principles behind the investment decisions, rather than on case studies or anecdotal evidence. Thus, you will study: the main features of portfolios, which include stocks and bonds, how to calculate their risk, and how investors can combine their holdings of different securities to reduce their overall risk without sacrificing return. Similarly, when you deal with futures and options, you will explore how these instruments can be used to manage risk and to expand the opportunity set of investors.

The module covers an extensive range of issues and, in the next eight weeks, you will study a wide spectrum of topics associated with the relationship between the IMF and macroeconomic stabilisation. Because the subject matter is vast, I have tried to focus on some of the key themes and provide some indications as to where this subject matter can be studied in greater detail if or when you have time to do so.

It is widely recognised by academic economists and policymakers that developed and efficient banking and capital markets are an important prerequisite for economic growth. However, it is also recognised that banking and financial crises can cause abrupt slowdowns or reversals of growth. The drive to understand these phenomena has generated a large body of research, leading to new theories and empirical studies of key features of banking and capital markets. This literature provides the underpinning for the subject material of this module.

This module examines the role and importance of bank financial management to the modern bank. It teaches the basic models of financial management taught by University Economics Departments and Business Schools, which were constructed from the experience of mature capitalist economies. The module discusses the various trends shaping banking markets, such as institutionalisation, securitisation, globalisation and concentration.

This module will introduce the main econometric methods and techniques used in the analysis of issues related to finance. The first objective of this module is to introduce the main econometric methods and techniques used in the analysis of issues related to finance. A module with the title Financial Econometrics assumes that such a field exists.
In this module, we define financial econometrics as ‘the application of statistical techniques to problems in finance’. Although econometrics is often associated with analysing economics problems such as economic growth, consumption and investment, the applications in the areas of finance have grown rapidly in the last few decades.

This course has been specially designed to increase the depth of your understanding of macroeconomics by focusing on the relationship between financial markets and macroeconomics. We place the subject in a real-world context, aiming to show how theoretical and empirical knowledge of macroeconomics and financial markets provides ways to analyse the salient problems faced by modern macroeconomic policy makers.

The objective of this module is twofold: to provide analytical training in theories of international finance and to develop students' critical understanding of current policy debates on global (US dollar) financial cycles, global asset management, dynamics of currency and financial crises, management of exchange rates and capital accounts, international monetary and financial architecture, and other global economic issues. Emphasis is placed on critical engagement with theories in the light of empirical evidence and real-world issues.

This module introduces the basic concepts of corporate governance and theory of the firm. It is specially designed for the undergraduate study of such areas as management, finance, financial law, corporate law, economics and related subjects. The course is designed to increase the depth of your understanding of corporate governance issues. As corporate governance is a multi-disciplinary subject – covering such topics as law, politics, management, finance, and economics - the course outlines the key theoretical and practical issues underpinning the study of corporate governance, and how they affect the governance of the modern corporation. International comparisons and differences in corporate governance are emphasised throughout the course.

Research plays an essential role in business and in public policy and management. Increasingly, organisations undertake small-scale research projects, to find out about matters relating to the concerns of their organisation or to critically evaluate existing policies. Both commercial firms and government institutions rely upon research to inform their decisions, to test the effectiveness of existing policies, to predict the effects of intended future policies, to understand management processes and decisions and to gain insights into public preferences and opinions about public services.
Whether you are studying this module in order to carry out research in your professional role, to commission and project-manage research conducted by others or to complete a dissertation for your MSc qualification, your ability to appropriately and rigorously design, execute report, and evaluate research is essential.

The dissertation is a supervised piece of research on a topic that we will agree with you. The length will be 10,000 words. Before we can consider a proposal to submit a dissertation we will need to review your academic performance so far. Students wishing to take the Dissertation should ideally do so in their second or third year of study.

This course has been specially designed to increase the depth of your understanding of macroeconomics by focusing on the relationship between financial markets and macroeconomics. We place the subject in a real-world context, aiming to show how theoretical and empirical knowledge of macroeconomics and financial markets provides ways to analyse the salient problems faced by modern macroeconomic policy makers.

The objective of this module is twofold: to provide analytical training in theories of international finance and to develop students' critical understanding of current policy debates on global (US dollar) financial cycles, global asset management, dynamics of currency and financial crises, management of exchange rates and capital accounts, international monetary and financial architecture, and other global economic issues. Emphasis is placed on critical engagement with theories in the light of empirical evidence and real-world issues.

Research plays an essential role in business and in public policy and management. Increasingly, organisations undertake small-scale research projects, to find out about matters relating to the concerns of their organisation or to critically evaluate existing policies. Both commercial firms and government institutions rely upon research to inform their decisions, to test the effectiveness of existing policies, to predict the effects of intended future policies, to understand management processes and decisions and to gain insights into public preferences and opinions about public services.
Whether you are studying this module in order to carry out research in your professional role, to commission and project-manage research conducted by others or to complete a dissertation for your MSc qualification, your ability to appropriately and rigorously design, execute report, and evaluate research is essential.

The dissertation is a supervised piece of research on a topic that we will agree with you. The length will be 10,000 words. Before we can consider a proposal to submit a dissertation we will need to review your academic performance so far. Students wishing to take the Dissertation should ideally do so in their second or third year of study.

This module examines the principles and practice of portfolio management, from the perspective of the individual investor, and the professional fund manager employed by an institutional investor, such as a mutual fund, pension fund, or hedge fund. Over a period of decades there has been rapid and far-reaching change in the investments industry. Deregulation and financial liberalisation, and developments in information and communications technology, have contributed to a massive expansion of financial markets and the development of new trading strategies. The downside of these developments was a financial crisis in the late 2000s of a magnitude not seen previously since the 1920s and 1930s. Several of the causes of this crisis can be traced directly to innovations in security design, trading strategies fuelled by leverage, a lack of transparency, and a widespread attitude of complacency towards risk among investors, financial intermediaries, and regulators.

This module aims to introduce you to the theory and practice of public finance, with special reference to how governments raise and use revenues. It is concerned with taxation, borrowing and aid. There are economic principles that bear on the issues of financing public expenditure and these are covered in the module. At the same time, however, we recognise that decisions on taxation, borrowing and aid are not taken solely with reference to economics but also to politics, and the module raises relevant political and social issues too. While the module has some emphasis on taxation in poorer countries, they are not its exclusive concern.

This course has been specially designed to increase the depth of your understanding of macroeconomics by focusing on the relationship between financial markets and macroeconomics. We place the subject in a real-world context, aiming to show how theoretical and empirical knowledge of macroeconomics and financial markets provides ways to analyse the salient problems faced by modern macroeconomic policy makers.

The objective of this module is twofold: to provide analytical training in theories of international finance and to develop students' critical understanding of current policy debates on global (US dollar) financial cycles, global asset management, dynamics of currency and financial crises, management of exchange rates and capital accounts, international monetary and financial architecture, and other global economic issues. Emphasis is placed on critical engagement with theories in the light of empirical evidence and real-world issues.

Research plays an essential role in business and in public policy and management. Increasingly, organisations undertake small-scale research projects, to find out about matters relating to the concerns of their organisation or to critically evaluate existing policies. Both commercial firms and government institutions rely upon research to inform their decisions, to test the effectiveness of existing policies, to predict the effects of intended future policies, to understand management processes and decisions and to gain insights into public preferences and opinions about public services.
Whether you are studying this module in order to carry out research in your professional role, to commission and project-manage research conducted by others or to complete a dissertation for your MSc qualification, your ability to appropriately and rigorously design, execute report, and evaluate research is essential.

The dissertation is a supervised piece of research on a topic that we will agree with you. The length will be 10,000 words. Before we can consider a proposal to submit a dissertation we will need to review your academic performance so far. Students wishing to take the Dissertation should ideally do so in their second or third year of study.

This course has been specially designed to increase the depth of your understanding of macroeconomics by focusing on the relationship between financial markets and macroeconomics. We place the subject in a real-world context, aiming to show how theoretical and empirical knowledge of macroeconomics and financial markets provides ways to analyse the salient problems faced by modern macroeconomic policy makers.

The objective of this module is twofold: to provide analytical training in theories of international finance and to develop students' critical understanding of current policy debates on global (US dollar) financial cycles, global asset management, dynamics of currency and financial crises, management of exchange rates and capital accounts, international monetary and financial architecture, and other global economic issues. Emphasis is placed on critical engagement with theories in the light of empirical evidence and real-world issues.

This module introduces the basic concepts of corporate governance and theory of the firm. It is specially designed for the undergraduate study of such areas as management, finance, financial law, corporate law, economics and related subjects. The course is designed to increase the depth of your understanding of corporate governance issues. As corporate governance is a multi-disciplinary subject – covering such topics as law, politics, management, finance, and economics - the course outlines the key theoretical and practical issues underpinning the study of corporate governance, and how they affect the governance of the modern corporation. International comparisons and differences in corporate governance are emphasised throughout the course.

Research plays an essential role in business and in public policy and management. Increasingly, organisations undertake small-scale research projects, to find out about matters relating to the concerns of their organisation or to critically evaluate existing policies. Both commercial firms and government institutions rely upon research to inform their decisions, to test the effectiveness of existing policies, to predict the effects of intended future policies, to understand management processes and decisions and to gain insights into public preferences and opinions about public services.
Whether you are studying this module in order to carry out research in your professional role, to commission and project-manage research conducted by others or to complete a dissertation for your MSc qualification, your ability to appropriately and rigorously design, execute report, and evaluate research is essential.

The dissertation is a supervised piece of research on a topic that we will agree with you. The length will be 10,000 words. Before we can consider a proposal to submit a dissertation we will need to review your academic performance so far. Students wishing to take the Dissertation should ideally do so in their second or third year of study.