The Stirling MBA in Finance is a new collaboration between Stirling Management School and Foreign Trade University in Hanoi, Vietnam. The course will be delivered at Foreign Trade University with modules being delivered by academic staff from both institutions.
The course aims to provide the student with the awareness, knowledge, tools and techniques that are essential for dealing with business challenges. The course offers a critical knowledge of functional areas of business and management along with an appreciation of strategy and the development of responsible management and effective leadership.
Students should have two years work experience and GPA of 7.0. If students have GPA of 8.0, then direct entry will be allowed. In addition, if the student has greater than five years senior management experience, the application will be considered on its merits.
English language requirements
Students will also need to demonstrate English Language proficiency by one of the following:
- a minimum overall IELTS score of 6.0,(with at least 5.5 in each skill);
- minimum TOEFL scores of: Listening 21, Reading 22, Speaking 23, Writing 21;
- FTU institutional TOEFL ITP with the above scores for listening, reading and writing.
Proficiency in spoken English will be assessed by interview; undertaken previous academic study or a professional qualification taught and assessed
Funding opportunities should be discussed with FTU staff.
Modes of study
18 months part-time (maximum): evening and weekend study
Course start date
January in each calendar year
For further information or to apply online, please contact:
University of Stirling
Stirling FK9 4LA
Tel: + 44 (0) 1786 467046
Fax: + 44 (0) 1786 466800
Centre for International Development
Foreign Trade University
91 Chua Lang St., Hanoi, Vietnam
Tel: + 844 3259 5801
Fax: + 844 3834 3605
Structure and content
Understanding business in terms of environmental, cultural, social and economic sustainability are central to the Stirling MBA in Finance. These concerns and perspectives are explored, particularly in the context of doing business in, and with, emerging economies, and the contrast of doing business in this environment with elsewhere.
The course consists of eight taught modules, which are completed between January and September. In addition, at the end of the taught modules, there is an MBA Dissertation. Students are allowed up to six months to complete the Dissertation.
Delivery and assessment
All modules will be delivered at Foreign Trade University in Vietnam. Students will be assessed by a combination of coursework and written examination. This varies from module to module. Some modules may also include group work and presentations.
- Advanced Leadership and Strategy (BUVP25): Bringing together leadership theory and practice in a personal challenging environment, this module will expose students to some of the leading leadership thinking to help them develop confidence in their abilities and understanding of their own leadership strengths. Students will also gain an understanding of the needs, contexts and processes involved in strategic management within organisations.
- International Business and Emerging Markets – Contemporary Issues & Debates (BUVP24): The module will offer a comprehensive look at emerging markets, as they become important players in the global economy. The module will also focus on the strategic challenges and opportunities created by the rapid growth of these markets for firms and government policy in western economies. It will offer a conceptual framework to analyze emerging markets from multiple perspectives: that of constraints and opportunities of indigenous entrepreneurs, multinationals from developed countries tapping into emerging markets for their next growth spurt, and emerging market multinationals as they become global players.
- Accounting and Finance (BUVP20): This module will aim to provide foundation knowledge and understanding of the principles of accounting and corporate finance. The accounting section will examine published accounting information from a user’s perspective. The corporate finance section will provide an introduction to some of the major issues involved in making corporate investment and financing decisions.
- Quantitative Methods for Business and Finance (BUVP13): This module will provide students with the statistical and computing skills needed to understand the modern finance literature and to operate in a financial environment. In detail, it will provide a basic understanding of statistical sampling along with its usefulness and meaning; explain linear regression analysis as a business tool using the ordinary least squares method, covering both simple and multiple regressions; understand the properties of cross-section and time series data; and help students develop and apply these analytic skills using appropriate software such as Excel.
- Decision-making for Responsible Business (BUVP23): This module is designed to introduce students to a broad range of critical and self-reflective material on the role of business in society. It contains a specific business ethics element whereby students are encouraged and supported to examine the relationships between individual, group, organisational and societal ethics and values.
- Research Project Management (BUVP27): This module introduces various approaches to researching in the field of business and management. You will be shown how these methods can be used in practice. The module enables students to focus in particular on the research methods and approaches that are best suited to their project.
- Securities, Futures and Options (BUVP10): The module will provide an understanding of the uses and the valuation of the main derivative financial instruments: futures, swaps and options. It will cover the trading mechanisms used on derivative markets and explains the fundamental principles underlying the pricing of derivative instruments. Particular attention is paid to the practicalities of using derivative instruments for risk management purposes. The module also provides an introduction to the working of the foreign exchange market and the derivative instruments traded thereon.
- Financial Statement Analysis (BUVP07): This module will enable students to develop skills in the interpretation and use of financial statements. For example, to aid in the decision as to whether to buy, hold, or sell a particular firm’s stock. Focusing on company valuation it includes a project in which a small group of three to five students (exact number at module co-ordinators discretion) work together to write, and present, an investment analysis report on a UK quoted company based on the company financial statements and other publicly-available information. The module will benefit students who are interested in pursuing careers in the city as investment managers, stock brokers, bankers, accountants or consultants.
- Dissertation/Project (BUVP28): The taught element of the course will be followed by the MBA Project which will either be an internship, company-based project or a secondary research dissertation, either in Vietnam or Stirling.
Study abroad opportunities
After the programme of instruction, a candidate for the degree shall either undertake an internship research report or a company/secondary research dissertation on a topic approved by the Programme Director. This shall either be undertaken in Vietnam or Stirling. Students electing to study in Stirling can typically be expected to come to Stirling on a student visitor visa. An additional cost of £800 per student will be incurred for the Stirling option.
Dr Brian Howieson
Stirling Management School is committed to a research-led approach in all of its activities, and this was endorsed by the results of RAE 2008 (Research Assessment Exercise) with all outputs being rated at an international level, with an impressive proportion deemed to be world leading. Indeed, across all three units of assessment relevant to the School (Accounting and Finance, Economics and Econometrics, and Business and Management studies), 85% of outputs were assessed to be at an international level. Accounting and Finance was ranked 1st equal in Scotland and 5th in the UK, and in Business and Management Studies the School was identified as having world leading activity in Retail Studies; Social Marketing; Public Sector; Consumption, Markets.
The MBA in Finance is a unique postgraduate programme which draws on experts from both the University of Stirling in the UK and Foreign Trade University (FTU) in Vietnam. With a 50% split in teaching from each institution, students will benefit greatly from the extensive expertise of the academic group. As an international partner with Foreign Trade University, Stirling is ranked number one in Scotland and eighth in the UK in the Times Higher Education '100 under 50' table.
The University of Stirling is ranked number one in Scotland and eighth in the UK in The Times Higher Education “100 Under 50” table 2012, which ranks the world’s best 100 universities under 50 years old. Stirling is consistently highly ranked as ‘a good place to be’ by our international student community and was recently rated top in Scotland and 2nd in the UK (International Student Barometer 2010).
Attending the course of MBA in Finance co-organized by Foreign Trade University and Stirling Management School, University of Stirling is the best choice that I have ever made. The program is well-designed and all the students are well-supported, which makes it suitable for anyone who not only wants to succeed in his/her career but desires to receive more knowledge as well. Till now, I have to say that I do not regret choosing the course and I do wish that in the end, I will confidently say that MBA in Finance changed my life.
Hien Trang Nguyen, current student
Enrolling in MBA in Finance (MBAF) program was a valuable investment for me. One of the intangible benefits from the program is the opportunity to broaden my perspective on business management, as well as to help me grow both professionally and personally. The MBAF program equipped me with the efficient toolkit that allowed me to understand problems and create solutions for my firm and for my clients. I am very pleased with the quality and professionalism of the program. In addition, the most valuable experience that I obtained during the MBAF program was building relationships with my classmates. These relationships have awarded me a foundation of friends and colleagues that will boost my career and my personal life for years to come.
Kien Do Duc, current student
This program brings many benefits beyond further knowledge. You make friends, you learn from them as well as from lecturers, and you learn in a different way. It's not as difficult as I thought, however, it would be better to have some relevant practical experience in advance.
Trần Thị Thu Trang, current student
Dr Brian Howieson is a Senior Foundation for Management Education Fellow. His previous role was Head of Training, Education and Professional Development for the Royal College of Physicians and Surgeons. Prior to this post, he was a commissioned officer in the British Armed Forces for 19 years.
His main intellectual interest is in leadership and executive education. He is Programme Director for the NHS Scotland MSc in Leadership and Healthcare Management and the forthcoming MSc in Healthcare Leadership with the Royal College of Physicians and Surgeons of Glasgow.
On completion of the MBA, students will enjoy employment opportunities primarily in for-profit business enterprises, but also in social enterprises and public enterprises. Rating agencies, banking and financial institutions, business and marketing research institutes are also viable job options. The MBA also develops individual skills for self–employment to continue a career as a private entrepreneur starting up a business, or private consultants. Students will have developed skills and personal attributes that will make them likely to be successful in their chosen occupations.