MSc Financial Management - FAQ's

What is this course?

This flexible MSc Financial Management equips students with a deep understanding of the tasks finance professionals undertake, and the skills required for a successful career in finance.

This course is suitable for professionals who are looking to step into a mid-level management role, or those seeking a change of career into the Financial Services sector.

If you are looking to further develop and enhance your knowledge of finance or for career progression in your current role then this course is for you.

What is the structure of the course?

Our MSc comprises foundational units in finance and accounting alongside advanced units in the following areas:

  • Financial management
  • Financial markets
  • Financial strategy
  • Private equity
  • Data Analysis & Statistical Techniques
  • Quantitative Methods for Financial Management

A final supervised project will allow you to deepen your finance knowledge and apply your skills by analysing real-world information and addressing questions with practical implications.

What makes this course a blended course?

This online course also offers face-to-face workshops (six days, twice each year) in the location you choose to study in (September and May or June). These valuable opportunities give you time to develop your global network, meet the Manchester academic team, and have full support from the lecturers.

During these workshop, you'll apply theory to case studies based on real business problems while working in multicultural groups with colleagues from diverse professional backgrounds.

Who is the Course Director of this course?

Dr. Amedeo De Cesari is the Course Director for the MSc Financial Management. Senior Lecturer in Finance at the Alliance Manchester Business School (AMBS). Experienced in the areas of corporate finance and governance, with a focus on dividend payments, stock repurchases and executive compensation.

Prof. Arif Khurshed has also been incredibly instrumental in the development of the course – Arif will be teaching on the ‘Foundations of Finance’ unit. Research interests includes initial public offerings, trade credit, venture capital, politics & entrepreneurship, financial literacy.

What is the target?

Manchester: 25
Shanghai: 25
Hong Kong:

Who is this course for/who are we targeting?

If you want to reposition yourself and are looking to further develop and enhance your knowledge of finance, or you are looking for career progression in your current role then this course is for you.

If you are looking to gain a professional qualification from the outstanding Alliance Manchester Business School then this course is for you.

What will this course enable me to do?

You do not need to be a finance specialist to take this course however, you must have a strong interest in accountancy and numbers and robust quantitative skills

  • Understand the interplay between well-functioning financial markets and successful companies;
  • Apply a full range of financial techniques to real-life business situations;
  • Search and gather relevant financial information from multiple sources, including companies' annual reports and financial databases;
  • Offer data-based solutions to complex and relevant business challenges, such as analysis of financial strategies, selecting valuable investment projects.

How will this course help me in my career?

Studying on this course provides students with a great opportunity to apply your professional experience to real-world projects that are relevant to your workplace.

The Financial Management Master's degree is ideal for candidates based in the UK and globally. You will acquire financial skills and expertise to develop your career in finance or secure a management position with a finance emphasis.

How long is this course?

The duration of the course is a 24 months, part-time. You do have up to 5 years to complete this MSc – this means you can hit the pause button on your studies, however this would be up to the Course Director to make that decision.

What are the enrolment dates?

The next enrolment date for this course is September 2021.

What is the cost of the course?

The total cost of the MSc Financial Management is £19,500. You are able to pay this in 4 equal instalments, please see below:

SEMESTER 1: Reservation fee on acceptance of place £1,000, balance before start of semester £3,875
SEMESTER 2: £4,875
SEMESTER 3: £4,875
SEMESTER 4: £4,875

Do you offer any early application discounts?

TBC

What are the entry requirements for this course?

Normally, a 1st or 2:1 UK Bachelor's honours degree or international equivalent from an institution recognised by NARIC.
Or

A Master's degree or international equivalent from an institution recognised by NARIC.

We expect that most candidates interested in this Master's will have a degree in engineering, mathematics, business, management, economics, science or other relevant subjects; however, your degree can be in any discipline if you can demonstrate that you have good numeracy and quantitative ability.

We can also consider:
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/conversation with Course Director, Dr. Amedeo De Cesari may be required.

What are the English Language requirements for this course?

The minimum requirements for this programme are:

  • IELTS: 6.5 overall with 6.0 in listening, writing, reading and speaking. The test date must be no more than 2 years prior to the start of the programme.Make your test score available to The University of Manchester so that we can validate your score online. IELTS website
  • TOEFL (iBT): 90 overall with 20 in listening, writing, reading and speaking. The test date must be no more than 2 years prior to the start of the programme.Make your test score available to the University of Manchester so that we can validate your score.  The University of Manchester institution code is 0757.  Click to view instructions on the TOEFL website
  • PTE Academic: 59-65 overall with 59 in listening, writing, reading and speaking. The test date must be no more than 2 years prior to the start of the programme.Make your test score available to the University of Manchester so that we can validate your score online. Click to view instructions on the PTE website
  • CPE or CAE (Cambridge): Minimum grade 176-184. Email us your Candidate ID and Candidate Secret Number (printed on your Confirmation of Entry) and then we can verify your result online.

You are not required to provide evidence of English language competence if:

  • You are a citizen of a country where English is the official primary language and therefore you are a native speaker.

English Test Exemptions
As an alternative to taking an English Language Test, we can consider one or a combination of the following.
1. You have successfully completed a degree level qualification (recognised by UK NARIC as equivalent to a UK bachelor degree or higher), which was fully taught in English.
You will need to submit your application your degree documents, which officially confirm that your degree was fully taught in English.
2. Is English the main business language in your place of work?
Many candidates to Alliance MBS programmes are working in international companies and organisations. If English is the main business language of the company/organisation where you are currently working and you predominately use English in your role, we can consider this when assessing your English language competency.
You will need to submit official evidence from your company/organisation that states the percentage of your work communication that is in English and the level of your competency. We will then consider whether we can give an exemption from taking an official English test.

Key points about the teaching and learning style of the course:

Methods of learning:
Online tutorials
Video content
Interactive learning with your peers through online discussion boards
Face-to-face teaching through workshops

Students will have a dedicated Study Advisor to support them with non-academic queries throughout their studies

There are no exams to this course. Assessment comprises of individual and group coursework. There are two assessments per unit.

What are the course units?

Unit 1: Foundations of Accounting
Unit 2: Foundations of Finance
Unit 3: Corporate Finance
Unit 4: Global Financial Markets and Institutions
Unit 5: Data Analysis and Statistical Techniques
Unit 6: Financial Statement Analysis
Unit 7: International Financial Management
Unit 8: Quantitative Methods for Financial Management

Units 9-11 are taught during the workshops.

How will I be assessed on the course?

There are no exams to this course. Assessment comprises of individual and group coursework. There are two assessments per unit.

How much time should I commit to the course?

We recommend committing around 15 hours per week of study to this course. This will ensure the best outcome

KEY CONTACTS:

Manchester Course Advisor – Daisy James (daisy.james@manchester.ac.uk/studyonline@manchester.ac.uk)
Admissions Officers - Helen Dowd and Kathryn Howard
Study Advisor – Maria Serra (financialmanagement@manchester.ac.uk)
Applications/UMW Admissions – worldwideapplications@manchester.ac.uk