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The award
MSc

How long you will study
12 months

Domestic course fees
GBP 28000 per year

How you will study
full-time

Course starts
September

International course fees
find out

All study options

About Corporate Finance at City, University of London

Overview

Who is it for?

This degree is designed for ambitious students with interest in the area of corporate finance and strong quantitative background. You aim to work for a top international or a global firm as a finance executive. You are interested in questions such as: How do managers choose which new projects to launch and which to abandon? Do mergers and acquisitions increase or destroy firm value? How do you spot good investment opportunities in the stock market? What do hedge funds and investment banks do?

The degree will give you the knowledge and skills to navigate the rapidly changing global landscape of corporate finance.

Objectives

This MSc degree is designed to satisfy your drive to understand how companies manage their investment and financing decisions. In your studies, you will examine questions such as: how financial markets work and how companies access them to finance their operations, what IPOs and mergers and acquisitions are and how they help increase firm value, how to value financial products, such as stocks and derivatives.

Your studies will encompass practical and up-to-date teaching on how the modern corporate finance world works from top academics and practitioners from the City of London. You will graduate fully equipped for a successful career within corporate finance departments of leading global and international corporations, top investment and commercial banks, and family firms.

Unique features of this course are:

  • The course offers core modules on Corporate Finance, Mergers & Acquisitions/Private Equity and Risk Management
  • Tuition from 'practitioner' professors who discuss how theory works in the real world
  • A choice from over 15 finance related electives including international electives in New York, Madrid  and Dubai
  • All teaching done at Cass Business School's location in the heart of London's financial district
  • Opportunities to meet and interact with top finance and business leaders during guest lectures and seminars organised at Cass Business School
  • Support from one of London's best Careers' Office to find your dream job
  • Students on the MSc in Corporate Finance are able to apply for an additional year's study at LUISS or Bocconi business schools in Italy.

Structure

What will you learn

  • Demonstrate a systematic understanding of corporate finance, as well as financial markets, institutions and instruments
  • Understand and critically evaluate current issues in corporate finance from IPOs to debt markets
  • Formulate corporate finance decisions aimed at delivering returns to shareholders and delivering superior ROI
  • Analyse factors affecting the global flows of corporate finance
  • Learn how to network with peers and senior finance professionals in the City of London.

Term 1

Core modules:

  • Corporate Finance and Valuation

    • 15 credits
    • 3 hours per week in lectures
    • 12 hours per week self directed study

    The aim of this course is to introduce you to the field of corporate finance. This is achieved by familiarising you with the core theoretical principles, and equipping you with the basic and most commonly used practical finance tools. The material covered in this course is crucial for professional work in the area of corporate finance as well as for further study of more advanced or specialised corporate finance-related courses. It is relevant for financial officers, economists, investment bankers, analysts, and other decision makers. The course is designed around several overarching principles such as the time value of money, market efficiency, and the goal of value maximisation. The teaching material puts significant emphasis on relevant theories and their practical applications, and is informed by the pertinent academic research and examples from the corporate world from around the globe.

  • Financial Reporting

    • 15 credits
    • 3 hours per week in lectures
    • 12 hours per week self directed study

    The aim of the course is to provide you with an understanding of the principles and practices of accounting and the characteristics and limitations of accounting data.

    The course will make it possible for you to:

    • Prepare and interpret financial statements
    • Comment on accounting policies and discuss their implications for the financial performance of the business
    • Use accounting information to assess the financial situation of a company.
  • Research Methods for Finance Professionals

    • 10 credits
    • 3 x 3 hour lectures over the ten week term
    • 52 hours self directed study over the ten week term

    Strong research is a key element of development strategy for companies and institutions, large and small. This module aims to provide a grounding in financial research, particularly financial modelling and information gathering, which you will be able to use to support your learning on the rest of your course.

    The module will utilise specific training in a financial modelling package in order to provide a strong foundation for the in-depth and specialist teaching and learning of terms two and three of your course. You will also learn how to gather information through database research, which you will be able to use to support your learning, substantiate your arguments and make assessments about the nature of the evidence you are using.

  • Statistics in Finance

    • 15 credits
    • 3 hours per week in lectures
    • 12 hours per week self directed study

    This module is designed to give you an understanding of the basic tools for the statistical and econometric analysis of financial data. The module puts emphasis on the foundations of hypothesis testing and estimation of econometric models that can be used for prediction and pricing.

  • Theory of Finance

    • 15 credits
    • 3 hours per week in lectures
    • 12 hours per week self directed study

    The course will make it possible for you to:

    • Acquire a good understanding of the different financial markets and the various instruments which are traded in those markets
    • Understand the importance of risk, its trade off with returns and how it is being used in asset allocation decisions
    • Be able to apply for junior positions at investment banks, fund management companies or other financial institutions or financial organisations.

Term 2

Core modules:

  • Advanced Corporate Finance

    • 15 credits
    • 3 hours per week in lectures
    • 12 hours per week self directed study

    The aim of this course is to develop an understanding of modern corporate finance so that the corporate manager, the investment banker and the financial analyst will have the conceptual foundations for making informed corporate assessments of key financial decisions. The course puts significant emphasis on the interactions between capital markets and the value of the underlying real assets.

  • Corporate Risk Management

    • 15 credits
    • 3 hours per week in lectures
    • 12 hours per week self directed study

    The module will make it possible for you to acquire an understanding of the principal objectives and constraints of corporate risk management.

    The aim of this module is to provide you with an understanding of the multinational corporation, the global risk management markets and the use of derivatives and other hedges to mitigate risk exposures.

  • Financial Statement Analysis

    • 15 credits
    • 3 hours per week in lectures
    • 12 hours per week self directed study

    The ability to understand and analyse financial statement information is a key skill in a wide range of business activities, from managing a corporation to investing in securities. The overall aim of this module is to help students learn and practise a variety of financial statement analysis techniques which can support business decision-making processes.

  • Topics in Mergers and Acquisitions

    • 15 credits
    • 3 hours per week in lectures
    • 12 hours per week self directed study

    This module provides an understanding of the roles and mechanisms of entrepreneurial and buyout finance from both theoretical and practical perspectives, as well as providing you with a detailed understanding of the financial issues within a strategic context regarding mergers and acquisitions from an international perspective.

Term 3

You may choose from these three options in your final term.

  • Option 1: Students can opt to write a 10,000 word business research project (40 credits) and take one specialist elective module (1 x 10 credits).
  • Option 2: Students can take two out of three core elective modules and three further specialist elective modules (5 x 10 credits).
  • Option 3: Students can opt to write a 3,000-5,000 words Applied Research Project (20 credits) and take three specialist elective modules.

Core elective modules

  • Private Equity Investment
  • The Economics of Corporate Governance
  • Corporate Restructuring
  • Additional 12 electives to choose from, including international electives in New York, Madrid and Dubai.

Projects

  • Business Research Project

    It is important for aspiring professionals to demonstrate, on an individual basis, their ability to apply concepts and techniques they have learned in an in-depth study of a topic of their choice and to organise their findings in a report, all conducted within a given time limit.

    To train you to undertake individual research and provide you with an opportunity to specialise in a contemporary business or finance topic related to your future career aspirations.

    You are required to submit a project of approximately 10,000 words on any subject area covered in the rest of the programme. Typical projects can involve any of the following: extracting data from electronic databases or by hand; statistical analysis of large or small populations; interviews; case studies of an industry or a sector or of a business / finance issue in a particular country setting.

  • Applied Research Project

    The aim of this module is to enable you to demonstrate how to integrate your learning in core and elective modules and then apply this to the formulation and completion of an applied research project. You will be required to demonstrate the skills and knowledge that you have acquired throughout your MSc study.

    You will undertake a short piece of applied research on a question of academic and/or practical relevance. Guidelines will be provided in order to help you identify the research question. Based on your chosen topic, you must write a report of around 3,000–5,000 words that summarises and critically evaluates your method and your findings.

See the MSc in Corporate Finance programme specification

Assessment methodsTerm datesAssessment methods

Assessment methods

Assessment

We review all our courses regularly to keep them up-to-date on issues of both theory and practice.

To satisfy the requirements of the degree course students must complete:

  • nine core courses (15 credits each)

and either

  • five electives (10 credits each)
  • three electives (10 credits each) and an Applied Research Project (20 credits)
  • one elective (10 credits) and a Business Research Project (40 credits)

Assessment of modules on the MSc in Corporate Finance, in most cases, is by means of coursework and examination. Coursework may consist of standard essays, individual and group presentations, group reports, classwork, tests and problem sets. Please note that any group work may include an element of peer assessment.

Induction Weeks

The MSc in Corporate Finance course starts with two compulsory induction weeks, including:

  • an introduction to the Cass Careers offering with a focus on key skills and attributes that employers are looking for. The annual MSc Careers Fair at this time also provides the opportunity to meet over 60 companies who are recruiting across many sectors including finance, energy, insurance, real estate, shipping, strategic management and internal auditing.
  • a refresher course of basic financial mathematics, statistics, computing and electronic databases.
Term dates

Term dates

Term dates 2018/19

In-person ID-Checks (all students must attend): Commences 17 September 2018

Compulsory Induction: 18 - 29 September 2018

Term I
1 October 2018 - 7 December 2018
Term I exams
7 January 2019 - 18 January 2019

Term II
21 January 2019 - 29 March 2019
Term II exams
22 April 2019 - 3 May 2019

Term III
6 May 2019 - 28 June 2019
Term III exams
1 July 2019 - 12 July 2019

Resit period
Students who are required to resit an examination or invigilated test  will do so in the period:
12 - 30 August 2019

Submission deadline for Business Research Project or Applied Research Project 
1 September 2019

Official Course End Date
30 September 2019

Application

How to apply

Documents required for decision-making

  • Transcript/interim transcript
  • Current module list if still studying
  • CV
  • Personal statement (500-600 words)

Documents which may follow at later date

  • IELTS/GMAT result
  • Confirmation of professional qualification examinations/exemptions/passes, if applicable
  • Two references
  • Work experience is not a requirement of this course
  • For a successful application to receive an unconditional status all documents must be verified, so an original or certified copy of the degree transcript must be sent by post to Specialist Masters Programme Office, 106 Bunhill Row, London, EC1Y 8TZ, UK

We cannot comment on individual eligibility before you apply and we can only process your application once it is fully complete, with all requested information received.

Individual Appointments

If you would like to visit us to discuss your application please do arrange an individual appointment.

Entry requirementsGMATEnglish language requirementsEntry requirements

Entry requirements

A UK upper second class degree or above, or the equivalent from an overseas institution.

Some level of previous study or evidence of skills in finance or quantitative methods is essential.

GMAT

GMAT

Highly recommended.

A well-balanced score in the range of 600-800 will significantly strengthen your application

English language requirements

English language requirements

The required IELTS level is an average of 7.0 with a minimum of 6.5 in the writing section and no less than 6.0 in any other section.

Career pathways

Graduates from the MSc in Corporate Finance move into a diverse range of financial careers including:

  • Corporate finance departments at global, international and family firms (e.g. Coca Cola, Unilever, Sinopec, Tata Motors, China Mobile, Ford, SAIC Motor, Marks and Spencer, BP)
  • Investment banking and commercial banking (e.g. JP Morgan, Morgan Stanley, Goldman Sachs, Barclays, RBS, China Construction Bank, China Development Bank)
  • Management consultancy (e.g. Accenture, IBM, McKinsey)
  • Securities sales and trading desks at major finance firms, foreign exchange desks, hedge funds, private banking, asset management, credit products, financial and credit risk management consultancy.

Typical jobs for our graduates include; Finance Executive, Analyst, Banking Associate, Consultant, Corporate Banking Analyst, Fund manager, Fund Accountant, Investment Banking Analyst, Investment Manager, M&A Associate, Management Consultant, Operations Specialist, Project Assistant, Project Coordinator, Project Manager.

They have worked in locations from Baku to Bangkok, Beijing, Milan, Nairobi, New Delhi, and Stockholm.

View data from our Graduate Destination Survey (pdf) from 2015

Study options for this course

  • The award How you will study How long you will study Course starts Domestic course fees International course fees
  • The awardMScHow you will studyFull-timeHow long you will study12 months
    Course startsSeptemberDomestic course feesGBP 28000 per yearInternational course fees find out

Notes about fees for this course

UK/EU/International

£28,000 Tuition fees are subject to annual change

Fees in each subsequent year of study (where applicable) will be subject to an annual increase limited by the All Items Retail Prices Index. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study (where applicable).

Deposit: £2,000 (paid within 1 month of receiving offer and non-refundable unless conditions of offer are not met)

First installment: Half fees less deposit (payable during on-line registration which should be completed at least 5 days before the in-person ID–checks)
Second installment: Half fees (paid in January following start of course)

Information about Scholarships

Entry requirements

Contact City, University of London to find course entry requirements.

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