MSc Finance & Management

Key facts

  • Start date: September
  • Accreditation: AACSB, EQUIS & AMBA
  • Study mode and duration: 12 months full-time
  • 2nd in the UK for Accounting & Finance: Complete University Guide 2020

Study with us

  • gain knowledge of financial and mangement principles
  • understand how organisations work
  • develop technical and analytial skills
  • opportunity to study at Toulouse Business School
  • undertake a project in each subject area
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Why this course?

If you're looking to develop your knowledge of finance and management simultaneously before embarking on your first professional business role, then the MSc Finance & Management is the course for you. If you're a graduate with some business experience, this qualification will provide the opportunity for you to further progress your career in a finance and/or management related role.

Jointly developed by the Departments of Accounting & Finance and Strategy & Organisation, this course is designed to give you a competitive edge no matter where your future business career takes you.

The programme offers ambitious graduates a thorough grounding in both financial and management principles. This in-depth understanding of both subject areas will be applicable to roles in any organisation, where a good knowledge of finance and management is required.

Industry professionals are invited on a regular basis to deliver guest lecturers in both finance and management areas.

Ning's story

Having worked for both private and public organisations back home in Thailand, MSc Finance student Ning chose Strathclyde to further her knowledge in both accounting and finance to progress in her career.

What you'll study

You will gain a unique opportunity for acquiring knowledge on two equally fundamental and related functions in any organisation. To achieve this, this programme will give ample exposure to the essential areas in both finance and management in order to equip you with skills and knowledge in order to embark on a sustainable career in finance and management.

Semester 1 is designed to give you the fundamental understanding of finance and accounting with particular focus on international markets. You will also be introduced to management skills through the Professional Management Practice class. Semester 1 will extend your core skills, expand your knowledge of finance and accounting, expose you to a number of management and strategy related topics to deepen your understanding of how organisations pursue their goals. Finally, the third semester will you an opportunity to apply your acquired knowledge in a more practical way.

Study abroad

If you are interested in studying abroad, the ‘Managing in Europe’ elective gives you the opportunity to do attend classes taught at Toulouse Business School in France.

Research projects

During the summer, you will undertake two research projects (one in management, one in finance). This will require you to research an appropriate organisation using concepts relevant to the programme.

Guest lectures

During your study, you will have the opportunity to attend lectures delivered by guest speakers from companies such as Buffwine, Kaaliaer, Marketing Mavens and Swiss Eyewear Group.

Learning & teaching

Core and elective classes will be taught across two semesters running from September to December and January to March. Classes will be taught through a combination of lectures, workshops, case studies and problem solving activities. Research projects are undertaken during the summer months.

Assessment

Every class will either have a class test or assignment (e.g. group/individual projects and presentations) during semesters 1 and 2. Exams will take place at the end of each semester in December and April/May.

Triple-accredited business school

AACSB accreditation logo
EQUIS accreditation logo
AMBA accreditation logo
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Course content

Core classes

Accounting & Financial Analysis

The aim of this class is to provide you with an understanding of the basic principles of financial accounting and financial analysis, the ability to interpret financial statements and their use in assessing the financial position and performance of companies.

This class provides an introduction to the principles of accounting and the analysis of financial statements. It will enable you to prepare financial statements in accordance with International Financial Reporting Standards (IFRS) and to interpret and analyse these statements. Particular emphasis is placed on the accounting concepts and information employed in financial analysis and decision taking.

You'll develop the ability to prepare and interpret financial statements and construct cash forecasts. In addition, you'll develop an understanding of the demand and supply for accounting information; an appreciation of the role of financial analysis and analysts; and an awareness of the statistical characteristics of accounting numbers.

Find out more in the class outline of Accounting & Financial Analysis.

International Financial Markets & Banking

The aim of the class is to provide you with an understanding of the financial system and the roles and functions of financial markets and institutions. A particular emphasis is placed on understanding the roles of intermediaries such as banks and investment firms.

You'll develop an understanding of the various characteristics and roles of fixed income, equity, and foreign exchange markets. While some attention will be given to the UK financial markets, the global nature of financial markets will be widely discussed. This class aims to equip you with an awareness and understanding of financial markets and institutions in the context of the global economy. Particular emphasis will be placed on the role and contribution of the banking sector.

This class covers the reasons for, and nature of, of financial markets and institutions with a particular focus on banking, the global nature of these markets and their regulation.

Find out more in the course outline for International Financial Markets & Banking.

Principles of Finance

This class provides an introduction to the basic principles of financial decision taking and the theory of finance. It will develop the basic principles of valuation, the nature of risk and uncertainty, and the relationship between risk and returns. While the analysis will be developed in the context of corporate finance, looking at companies’ decisions on the investments in assets and how these investments will be funded and the nature of the markets in which they take place, it will also consider the principles underlying financial reasoning that can be applied on a more general basis.

Find out more in the class outline for Principles of Finance.

Professional Management Practice

This class develops your awareness and capabilities as a manager using a Personal Development Plan (PDP) process to help you critically evaluate the skills and attributes needed to be effective. Over the course of the year, workshops and exercises will help you identify and move towards fulfilling your potential.

Elective classes

Choose at least one:

Finance

Behavioural Finance

The aim of the class is to provide you with an understanding of the main ideas of behavioural finance. A particular emphasis is placed on understanding the roles of non-rational actions and the development of new financial models that incorporate these ideas.

You'll engage with up to date research and develop a critical view of existing and new finance theories and models. It aims to introduce you to the rapidly evolving area of behavioural finance. You'll develop an understanding of behavioural finance and an appreciation of its possible implications and applications.

This class introduces you to behavioural finance and provides you with an understanding of the main flaws of 'traditional' finance theory from a behavioural finance viewpoint. It will allow you to develop the ability to discuss issues arising from violations of the rationality assumption and will enable you to evaluate new theoretical models based on research in psychology.

The course will allow you to appreciate the role of new developments in finance and their possible implications for established views of the functioning of financial markets.

Find out more in the class outline for Behavioural Finance.

Derivatives

This class will provide you with a strong grounding in derivatives that may be used to manage the financial risks faced by individuals, financial institutions and business corporations.

Find out more in the course outline for Derivatives .

Fixed Income Analysis

This class aims to develop students ability to deal with problems that require forecasting outcomes in the context of incomplete information and to explain the rationale for proposed decisions.

Find out more in the class outline for Fixed Income Analysis class outline.

 

Equity Analysis

The class will provide coverage of a topic that is generally perceived to be critical for a good understanding of finance.  The valuation of equities plays a critical role in the allocation of resources through the financial markets.  Many students taking the M.Sc. programmes at Strathclyde will develop their careers in security analysis that will involve the assessment of the value and prospects of various equity investments.  This class will provide reasonable comprehensive coverage of the relevant analysis in this area.

Find out more in the class outline for Equity Analysis class outline.

Topics in Corporate Finance

In this class, you'll discuss the different ways in which firm's can raise funds, internally and externally, and the role of capital markets in determining the terms on which funding will be available, the costs and risks of difference sources of financing, and the role of taxation.

Find out more in the course outline for Topics in Corporate Finance.

Management classes

Choose at least one:

Business Strategy

This class provides opportunities to explore, understand and apply the language of strategy and strategic management. By examining real-life organisations, you will develop your understanding of the forces within their contextual and transactional environments that influence their strategy, and by applying different strategic frameworks, develop the ability to critically analyse the strategic direction being adopted.

Developing Effective Consulting Skills

This class seeks to provide those contemplating management consulting as part of their career path with the insights and perspectives to be recognised as valuable to clients.

It recognises many of the foundational elements and skills of self-effectiveness and reflexivity developed in and throughout the course. It'll enhance these elements and skills by sharpening awareness of the subtlety and complexity of such issues that are key to trust and relationship-building in consulting.

The successful consultant is aware of the importance of areas of personal expertise and social capital, the importance of trust between client and consultant and the delivery of sustainable solutions. This class offers the opportunity for you to engage with theory and practice to develop your understanding and skills of intervening in organisations.

It's equally relevant if you're considering a career in management consulting or as senior managers tasked with the design and delivery of major organisational initiatives.

Global Business Environment

Business organisations and management decisions and actions exist in a complex, dynamic and often turbulent environment. This class will develop your understanding of the many dimensions and layers of the global business environment. It'll encourage you to recognise, understand and reflect upon the challenges and opportunities that various aspects of the business environment present to businesses, organisations and managers operating in an international context. The class will also introduce you to a range of useful theories, concepts and tools for analysing the business environment and give them an opportunity to apply these to ‘real world’ and hypothetical management scenarios.

Managing in Europe

This class gives you the skills involved in managing people in Europe with a focus on cultural and knowledge issues as well as managing cross-cultural differences.

You'll be able to understand the European context in terms of human resource management and employment relations and manage effectively in this context. You'll also be able to adapt to different cultural environments and to manage effectively in an intercultural European context as well as a global context.

Marketing Management

The nature of how we think about ‘markets’, and the activities involved in trying to understand and communicate with customers, is changing rapidly. This class examines contemporary international practice, exploring the major concepts and techniques involved in the marketing planning process. It'll help you analyse what companies are offering, how customers behave, and ultimately identify what they need to do next to deliver on their objectives.

Prior to the start of the work on the projects classes are provided on research methodology for each project. These compulsory classes will provide the basis for the project work, the nature of research work in finance or accounting and the writing and structuring of research reports. The classes will not be assessed but attendance is compulsory.

Research projects

Project Methodology

This class introduces you to a range of different methodological approaches to conducting research and key issues researchers are commonly faced with (eg relevance of practitioner engagement, ethics). You'll be provided with a broad overview of research choices and issues from the perspective of Strathclyde staff representing each department in the Business Faculty who will present vignettes from their own research projects.

Project 1: Finance & Project 2: Management

These projects provide you with a valuable opportunity to apply what you have learned through the taught modules to a more practical situation. Working under the supervision of a faculty member, you'll spend time working individually, or in a group, on a topic of central interest in these areas. You'll learn the skills needed to develop a proposal and conduct an effective enquiry into your topic areas, producing reports that are both informed and practical.

Project subject matters are diverse, with a vast array of industries and topics to consider. While many projects can be subject specific, increasingly, many projects are undertaken with organisations, which allow you to learn more about a specific industry or work with a particular company.

Our experience shows that such interactions often act as a catalyst for future career opportunities. While you'll be encouraged to put forward your own suggestion of a company, we do have client projects on offer, so are more than happy to assist you in identifying appropriate clients and partnerships.

Strathclyde Business School

Strathclyde Business School was founded in 1948 and is a pioneering, internationally renowned academic organisation with a reputation for research excellence.

One of four faculties forming the University of Strathclyde, SBS is a triple-accredited business school (AACSB, EQUIS and AMBA) and was the first business school in Scotland to achieve this accolade in 2004. The Business School is home to seven subject departments and a number of specialist centres, all of which collaborate to provide a dynamic, fully-rounded and varied programme of specialist and cross-disciplinary courses.

Strathclyde Business Network

As a postgraduate student at Strathclyde Business School, you may choose to join the Strathclyde Business Network, a student-led initiative that facilitates interaction with business and industry leaders.

The Network aims to foster knowledge sharing, facilitate discussion and enable networking opportunities with the very best business professional in industry. Every year the Network organises Glasgow Business Summit, which is the first-ever student-led business conference in Scotland and brings together students with leading businesses from across the UK.

QS logo 2019 - 5 stars
Complete University Guide League Tables logo - 2nd Place for Accounting & FInance
Financial Times European Business Schools Rankings logo 2018
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Entry requirements

Academic requirements/experience

Second-class Honours degree, or overseas equivalent (see our country pages for further information) in economics, accounting, business studies, maths, statistics, computing or related subjects.

English language requirements

Our IELTS requirement is 6.5, however some courses may look for more. Find out more about our English language requirements. If you need to improve your English to meet the language conditions of your degree offer, you can take one of our ELT English language courses here without needing to re-take IELTS or another English language test.

Pre-Masters preparation course

The Pre-Masters Programme is a preparation course held at the University of Strathclyde International Study Centre, for international students (non EU/UK) who do not meet the academic entry requirements for a Masters degree at University of Strathclyde. The Pre-Masters programme provides progression to a number of degree options.

Upon successful completion, you will be able to progress to this degree course at the University of Strathclyde.

International students

We've a thriving international community with students coming here to study from over 100 countries across the world. Find out all you need to know about studying in Glasgow at Strathclyde and hear from students about their experiences.

Visit our international students' section

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Fees & funding

2020/21

All fees quoted are for full-time courses and per academic year unless stated otherwise.

Scotland/EU

£13,550

Rest of UK

£13,550

International

£24,300

Additional costs

Textbooks vary in price from around £40 to £100. The majority are provided free in the library or through MyPlace, our Virtual Learning Environment. We recommend that you allow £200 per academic year for books.

Students may be required to make hardcopy submissions for some assignments and will cover the cost of printing. Students are required to print and soft bind their project submission. An average cost would be in the region of £10.

Available scholarships

Take a look at our scholarships search for funding opportunities.

Please note: the fees shown are annual and may be subject to an increase each year. Find out more about fees.

How can I fund my course?

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Scottish and non-UK EU postgraduate students

Scottish and non-UK EU postgraduate students may be able to apply for support from the Student Awards Agency Scotland (SAAS). The support is in the form of a tuition fee loan and for eligible students, a living cost loan. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

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Students coming from England

Students ordinarily resident in England may be to apply for postgraduate support from Student Finance England. The support is a loan of up to £10,280 which can be used for both tuition fees and living costs. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

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Students coming from Wales

Students ordinarily resident in Wales may be to apply for postgraduate support from Student Finance Wales. The support is a loan of up to £10,280 which can be used for both tuition fees and living costs. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

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Students coming from Northern Ireland

Postgraduate students who are ordinarily resident in Northern Ireland may be able to apply for support from Student Finance Northern Ireland. The support is a tuition fee loan of up to £5,500. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

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International students

We've a large range of scholarships available to help you fund your studies. Check our scholarship search for more help with fees and funding.

Glasgow is Scotland's biggest & most cosmopolitan city

Our campus is based in the very heart of Glasgow, Scotland's largest city. National Geographic named Glasgow as one of its 'Best of the World' destinations, while Rough Guide readers have voted Glasgow the world’s friendliest city! And Time Out named Glasgow in the top ten best cities in the world - we couldn't agree more!

We're in the city centre, next to the Merchant City, both of which are great locations for sightseeing, shopping and socialising alongside your studies.

Find out what some of our students think about studying in Glasgow!

Find out all about life in Glasgow

Careers

As a graduate, you will be well equipped with the necessary knowledge and skills to develop your career in both the finance and management sectors. Students recently graduating from the course have secured jobs including:

  • Financial Analyst
  • Personal Financial Advisor
  • Financial Manager
  • Management Consultant
  • Risk Manager
  • Security Analyst
  • Corporate Credit and Business Analyst
  • Credit Analyst
  • Financial Researcher
  • Investment Associate
  • Project Manager

Our recent graduates have joined the following companies:

  • Deloitte
  • Morgan Stanley
  • PwC
  • Aviation Power & Marine
  • Bank of Tokyo-Mitsubishi UFJ (BTMU)
  • Butikkmedarbeider i Color Line
  • Kasikorn Bank
  • Ric Capital
  • Shabghai Jiangshi Investment
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Apply

There’s no need to make an application for all taught postgraduate courses offered within the Department of Accounting & Finance. It’s possible to transfer between programmes after starting your studies, so you should choose only one course for application purposes.

Finance and Management

Qualification: MSc
Start Date: Sep 2020
Mode of Delivery: full-time

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Contact us

SBS Postgraduate Admissions

Telephone: +44 (0)141 553 6105 / +44 (0)141 553 4590

Email: sbs.admissions@strath.ac.uk

Strathclyde Business School, University of Strathclyde
199 Cathedral Street
Glasgow
G4 0QU