MSc in Investment Analysis

Academic Year 2017/18

Structure and Content

The Master’s programme is a one-year, full-time programme. Your programme begins with an initial taught component of two 15-week semesters, involving lectures, practical case study work and workshops, with a supervised dissertation in the final period.

In the autumn semester you will take the following modules:

  • Financial Reporting: Provides an appreciation of the underlying assumptions and limitations of accounting information. Measurement and reporting problems involved in financial accounting ‘solutions’ adopted by regulators are discussed
  • Corporate Finance: Provides an understanding of how corporations raise finance (debt and equity) and how they invest money (capital budgeting). Also examines other major decision areas of corporate finance and how these affect the value of the firm
  • Economics for Business and Finance: Introduces students to economics as a discipline, assuming no prior knowledge of economics, and focuses on aspects most relevant to a career in finance
  • Quantitative Methods in Finance: Provides the statistical and computing skills necessary to fully understand modern banking and finance operations. Spreadsheets are used to manipulate statistical models and to estimate linear models

In the spring semester you will take the following modules:

  • Financial Statement Analysis: Develops skills in the interpretation and use of financial statements, focusing on company valuation and identification of companies that may become insolvent. Includes a group project where students collaborate to write and present an investment analysis report on a UK quoted company
  • Derivatives: Focuses on the uses and the pricing of the key derivative instruments: options, futures, forwards and swaps
  • Investments - Equity Portfolios and Pricing: Provides an understanding of equity portfolio management and pricing. Focuses on the valuation of equities and the management of equity portfolios.
  • Investments - Fixed Income and Alternative Investments: Provides an understanding of security valuation and portfolio management. Focuses on the valuation of both fixed-interest securities and issues around alternative investment products such as hedge funds, fund of funds and venture capital.
  • Law of Investment Regulation: Introduces investment regulation and the development of markets with focus on the international, US and EU context. Considers UK insider dealing and the Code of Ethics and Standards of Professional Conduct of the CFA® Institute is also covered

 

Academic Year 2015/16

Structure and Content

The Master’s programme is a one-year, full-time programme. Your programme begins with an initial taught component of two 15-week semesters, involving lectures, practical case study work and workshops, with a supervised dissertation in the final period.

In the autumn semester you will take the following modules:

  • Financial Reporting: Provides an appreciation of the underlying assumptions and limitations of accounting information. Measurement and reporting problems involved in financial accounting ‘solutions’ adopted by regulators are discussed
  • Corporate Finance: Provides an understanding of how corporations raise finance (debt and equity) and how they invest money (capital budgeting). Also examines other major decision areas of corporate finance and how these affect the value of the firm
  • Economics for Business and Finance: Introduces students to economics as a discipline, assuming no prior knowledge of economics, and focuses on aspects most relevant to a career in finance
  • Quantitative Methods in Finance: Provides the statistical and computing skills necessary to fully understand modern banking and finance operations. Spreadsheets are used to manipulate statistical models and to estimate linear models

In the spring semester you will take the following modules:

  • Financial Statement Analysis: Develops skills in the interpretation and use of financial statements, focusing on company valuation and identification of companies that may become insolvent. Includes a group project where students collaborate to write and present an investment analysis report on a UK quoted company
  • Derivatives: Focuses on the uses and the pricing of the key derivative instruments: options, futures, forwards and swaps
  • Investments and Portfolio Management: Focuses on the valuation of both equities and fixed-interest securities and the management of equity and fixed-interest portfolios
  • Law of Investment Regulation: Introduces investment regulation and the development of markets with focus on the international, US and EU context. Considers UK insider dealing and the Code of Ethics and Standards of Professional Conduct of the CFA® Institute is also covered

Academic Year 2014/15

In the Semester 1 you will take the following modules:

  • Financial Reporting: Provides an appreciation of the underlying assumptions and limitations of accounting information. Measurement and reporting problems involved in financial accounting ‘solutions’ adopted by regulators are discussed
  • Corporate Finance: Provides an understanding of how corporations raise finance (debt and equity) and how they invest money (capital budgeting). Also examines other major decision areas of corporate finance and how these affect the value of the firm
  • Economics for Business and Finance: Introduces students to economics as a discipline, assuming no prior knowledge of economics, and focuses on aspects most relevant to a career in finance
  • Quantitative Methods in Finance: Provides the statistical and computing skills necessary to fully understand modern banking and finance operations. Spreadsheets are used to manipulate statistical models and to estimate linear models

In the Semester 2 you will take the following modules:

  • Financial Statement Analysis: Develops skills in the interpretation and use of financial statements, focusing on company valuation and identification of companies that may become insolvent. Includes a group project where students collaborate to write and present an investment analysis report on a UK quoted company
  • Derivatives: Focuses on the uses and the pricing of the key derivative instruments: options, futures, forwards and swaps
  • Investments and Portfolio Management: Focuses on the valuation of both equities and fixed-interest securities and the management of equity and fixed-interest portfolios
  • Law of Investment Regulation: Introduces investment regulation and the development of markets with focus on the international, US and EU context. Considers UK insider dealing and the Code of Ethics and Standards of Professional Conduct of the CFA® Institute is also covered

Delivery and Assessment

Successful completion of the taught modules leads to the award of a Postgraduate Diploma. The Master’s degree is awarded on satisfactory completion of a dissertation, following the Diploma examinations. Dissertation topics range over all areas of relevance to investment analysis and allow completion of a case study or research topic dissertation.

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