You must take four compulsory modules for the MSc.
- Corporate Finance: investigates the problem of how a collection of corporate liabilities are affected in value by corporate actions.
- Financial Econometrics: the theory and practice of financial econometrics.
- International Finance: key issues in international finance including analysing models of exchange rate determination.
- Investment Analysis: basic concepts of investment value analysis.
In your second semester, you will have the opportunity to choose two modules from a selection of topics. The assessment patterns for individual optional modules may vary from the details given above.
Here is a sample of optional modules that may be offered:
- Behavioural Finance: examines the effects of behavioural biases in financial markets.
- Corporate Governance and Risk: covers three key components: corporate governance, risk management, and financial management.
- Experimental Economics and Finance: exposes students to the methodology of experimental economics.
- Financial Intermediation: theoretical issues involved in financial intermediation with a focus on analytical models.
- Portfolio Theory and Management: key issues in asset allocation and portfolio composition and management at an advanced level.
- Risk Management: standard techniques in risk and insurance.
The topics, and therefore module titles, vary year on year as they reflect staff research interests; in addition, optional modules require a minimum number of participants to be offered (see the University’s position on curriculum development).
The final element of the MSc is a 15,000-word dissertation. The dissertation should be on a topic relevant and appropriate to the MSc that you are interested in, chosen in discussion with your supervisor who will support you through the process.
You will receive training in Semester 1 in framing a hypothesis, conducting bibliographic research, writing a literature survey, and structuring a dissertation.