From derivatives and investments to mergers and acquisitions and global markets, this course covers the essential information you need to pursue a range of exciting careers in finance at an international level, or an academic career via a PhD.
Investing in an MSc Finance adds up to a great career and you gain valuable quantitative skills that are in high demand by employers. A dissertation, focusing on empirical research, allows you to explore your chosen area of interest in detail, and you are supported throughout by our high-calibre staff.
Recent graduates have accepted positions in the City, with the `Big 4' global financial services firms, major world banks and financial institutions.
The MSc Finance is recognised by the Economic and Social Research Council as postgraduate preparation for a PhD.
We're pleased to announce that we have teamed up with Kaplan Schweser to facilitate student preparation for the CFA exams. Students attending our finance-related Masters - MSc Accounting and Finance, MSc Finance, MSc Finance and Business Economics and MSc Quantitative Finance - who perform well in Semester one and show a strong interest in CFA, will get free access to Kaplan's online training materials for CFA Part One.
Kaplan is a global firm offering professional training and helping individuals and organisations obtain financial certifications and designations. They will support our students by giving them access to tuition material, online question banks and progress tests, as well as mock exam runs. They will also offer tutor support and 1-2-1 sessions.
Students enrol in the CFA Program to build a strong foundation of advanced investment analysis and real-world portfolio management skills. Preparing for the Level I exam is the first step toward earning the Chartered Financial Analyst ® (CFA) credential, the most respected and recognised investment designation in the world.
Trading BootCamp Week
Each year, Alliance MBS runs a five-day Trading BootCamp for all current students studying MSc Accounting and Finance, MSc Finance, MSc Finance and Business Economics and MSc Quantitative Finance. These trading simulations provide students with the experience of real-world trading and the opportunity to engage with contemporary financial markets, enabling them to apply their classroom theory in practice.
To deliver the Trading BootCamp, the School has teamed up with Amplify Trading to provide those looking to enter the financial industry with a crucial skill-set. Amplify Tradings are a global financial trading and training firm, which offers training to some of the world's largest financial institutions, such as HSBC, Citigroup and Deutsche Bank. They have developed special software that enables students to experience a live trading floor and two experienced traders will deliver the week-long training.
Each day there will be four hours of classes in the morning followed by four hours of trading practice in the afternoon. Engaging in live breaking news, economic data and geopolitical events, students will be able to apply their understanding, technical expertise and risk management practises in trading different asset classes.
This is a fantastic opportunity for accounting and finance students at Alliance MBS and is another way in which we prepare students for successful careers after graduation.
The Finance Zone in Alliance Manchester Business School gives you access to one of the UK's most comprehensive collections of specialist financial and business databases that are used by top researchers around the world. These include Bloomberg, Datastream, Thomson ONE, Compustat, WRDS, Capital IQ and many more.
Worshipful Company of International Bankers Affiliation
Our accounting and finance division courses are now affiliated with the Worshipful Company of International Bankers (WCIB). This means that every year the best dissertation out of the following four courses will receive the WCIB Prize worth £300.
- MSc Accounting
- MSc Accounting and Finance
- MSc Finance
- MSc Quantitative Finance
The winner will also enter the competition for the prestigious WCIB Lombard Prize. The Lombard Prize consists of a solid silver Armada dish, a cheque for £1500, one-year honorary membership to the Company and attendance at the Annual Banquet to collect the prize.
We normally look for a UK bachelor degree with first or upper second class honours or the overseas equivalent, with excellent results in finance subjects (accounting is not considered to be financed).
When assessing your academic record, we take into account your grade average, position in class, references and the standing of the institution where you studied your qualification.
You need to have studied or been studying a degree in finance, economics or maths. You must have taken a significant number of finance and quantitative courses during your degree (accounting is not considered to be financed). You must be taking a major or specialisation in finance in your final year and need to achieve top-level results in final year finance subjects. You must also demonstrate a solid background in quantitative skills, econometrics or maths.
Applicants studying degrees in business administration, business management or commerce, can be considered but must be able to demonstrate a very strong background in finance throughout their degree and a final year major or specialisation in finance (as outlined above). Due to competition for places, we give preference to applicants with a bachelor degree in finance or economics.
We highly recommend GMAT or GRE for applications to all our accounting and finance related programmes. We anticipate a well-balanced score with a strong performance in the quantitative sections.
Course units details
The course consists of both compulsory and optional taught units.
- Cross-Sectional Econometrics
- Asset Pricing
- Derivative Securities
- Portfolio Investment
- International Finance
- Time Series Econometrics
- Corporate Finance
- Current Issues in Empirical Finance
- Financial Statement Analysis
- Real Options in Corporate Finance
- Qualitative Research Methods
- Mergers and Acquisitions: Economic and Financial
Coursework and assessment
Assessment is by a combination of group assessment and presentations, coursework, assignments and examinations. The dissertation normally ranges between 30 and 50 double-spaced pages.
The course conforms to the present ESRC guidelines for Masters degrees and has ESRC recognition as a postgraduate training year in preparation for undertaking a PhD.
The course has a partnership with the Chartered Financial Analyst Institute.
About the School
Alliance Manchester Business School is one of the UK’s first two business schools, set up in 1965), and is now the largest campus-based business and management school in the UK. Manchester is recognis ... Read More