Economics and Finance Masters Degree Courses

Online Event

Professor Frank Skinner10 July 2013

• Teaching based on the latest research• State-of-the-art facilities• Scholarships to help fund your studies• Strong links with employers and exciting networking opportunities•Campus-based university with excellent accommodation on campus

Why choose Brunel?

What’s different about us?Economics and Finance Department at Brunel• Outstanding academic expertise and research-led

teaching• University ranks in top 300 in world - Economics

and Finance is one of the best Departments at Brunel

• Excellent links with business and finance industry• Regular industry talks, guest lectures and

research seminars• Access to a range of professional databases and

opportunity to obtain additional certification with Bloomberg

• Each MSc course has an introductory maths and statistics course and an option per term

MSc Banking and Finance• Offered 1-year full-time or 2-years part-time• Provides advanced training in banking and

finance, in order to develop a career in financial institutions, regulatory organisations and investment banks

• Students specialise on banking and financial regulation as well as financial economics

• A series of Banking and Finance workshops are delivered by industry practitioners which expose students to hands-on practical experience

• Quantitative methods that are useful for subsequent employment and for dissertations form a core part of the course

MSc Banking and Finance

Core modulesTerm 1 and 2:• Banking• International Finance• Quantitative Methods for Finance

and Economics

• Banking and Finance Workshop• Financial Regulation and Macro

Prudential Policy• Global Financial MarketsTerm 3• Dissertation

Optional modulesTerm 1 (choose 1):• Foundations of Finance• Security Analysis and Funds

Management

Term 2 (choose 1)• Business Finance• Financial Analysis

Module highlightsBanking and Financial Regulation• Explores the links between

financial intermediaries, risk and the broader economy

• Seeks to conceptualise the economic function of banks and show how banks are subject to important risks

• The second module looks at the impact of regulation on banks and on the economy as a whole

Global Financial Markets• The two courses on International

Finance and on Global Financial Markets will help set the context in which you study banking

• Students will study a range of ideas applied to different types of financial data from different countries, and gain an understanding as to how banking affects the operation of the economy

MSc Business Finance• Offered 1-year full-time or 2-years part-time• Develops skills in the theory of finance,

company valuation, the assessment of corporate risk, international accounting standards, corporate governance and financial statement analysis

• A series of Business Finance workshops are delivered by industry practitioners which expose students to hands-on practical experience

• Designed for students with a broad background and an emphasis on intelligent analysis rather than detailed mathematical techniques

MSc Business FinanceCore modulesTerm 1 and 2:• Business Economics• Foundations of Finance• Quantitative Methods for Business

Finance

• Business Finance• Business Finance Workshop• Company Valuation

Term 3• Dissertation

Optional modulesTerm 1 (Choose 1):• International Finance • Financial Reporting in Capital Markets

Term 2 (Choose 1)• Investment Valuation Models• International Accounting Standards

and Policy

Module highlights

Business Economics• The course explores decision

making by firms and the tools that they use

• The examples and the structure of the course are fully integrated with a specially designed Quantitative Methods course that is appropriate for the level of technical skills required for the course

Business Finance Workshop• This exciting workshop enables

students to develop techniques used to model financial decisions and markets

• Students will observe a range of methods that arise in other modules being applied to different types of financial data from different countries, and gain an understanding as to how they are used in a corporate environment

MSc Finance and Investment• Offered 1-year full-time• Provides advanced training in corporate

finance and markets for securities, in order to develop a career in financial institutions, and investment banks

• Students specialise on finance and investment as well as financial economics

• You will acquire a systematic understanding of techniques of modelling financial decisions, the valuation of investments and pricing securities using data from a range of different markets

• Quantitative methods that are useful for subsequent employment and for dissertations form a core part of the course

MSc Finance and Investment

Core modulesTerm 1 and 2:• Financial Theory• Security Analysis and Funds

Management• Macro and Financial Econometrics• Financial Analysis• Corporate Finance• Modelling Financial Markets and

Forecasting Term 3• Dissertation

Optional modulesTerm 1 (Choose 1):• Derivative Securities• Financial Reporting in Capital Markets

Term 2 (Choose 1) • Risk Management • International Accounting Standards

and Policy

Module highlights

Financial Theory• This course is designed to provide

students with a thorough knowledge of financial theory through the study of the interaction between firms, individuals and the economy

• The module provides an opportunity for students to develop an understanding of capital markets through the study of portfolio theory, equilibrium asset pricing models and efficient market theory

Security Analysis and Funds Management • The main aim of the module is to

provide an overview of securities traded in fixed income and stock markets and evaluation of portfolios including unit trusts and hedge funds.

• Employ classical models used for portfolio selection and risk management earlier introduced in Financial Theory

MSc Finance and Accounting• Offered 1-year full-time• Develops skills in the theory of finance,

company valuation, international accounting standards, corporate governance and financial statement analysis

• A series of Business Finance workshops are delivered by industry practitioners which expose students to hands-on practical experience

• Designed for students with a broad background and an emphasis on finance and accounting rather than detailed mathematical techniques

MSc Finance and AccountingCore modulesTerm 1 and 2:• Financial Theory • Financial Reporting in Capital Markets • Quantitative Methods for Finance

and Economics• International Accounting Standards

and Policy • Investment Valuation Models• Company Valuation

Term 3• Dissertation

Optional modulesTerm 1 (Choose 1)• International Finance • Derivative Securities• Banking Term 2 (Choose 1)• Business Finance Workshop• Global Financial Markets • Bank Regulation and Macro-

Prudential Policy

Module highlightsInternational Accounting Standards and PolicyThe main aim of this module is to• illustrate the key aspects of

international financial reporting standards which are important to investors

• introduce financial statement analysis and research on the accounting information in financial markets

• This exciting workshop enables students to develop techniques used to model financial decisions and markets

• Students will observe a range of methods that arise in other modules being applied to different types of financial data from different countries, and gain an understanding as to how they are used in a corporate environment

Business Finance Workshop

Careers and employability• Graduates from our MSc programmes now have

senior positions in financial institutions including Standard Life, HSBC in Istanbul, Bank of Cyprus, TD Bank Financial Group in Canada

• We have several graduates who hold positions as government economists including the Bank of England and HM Treasury

• You will have the opportunity to undertake workshops and skills training provided by the University’s Graduate School

• We have an award-winning Placements and Careers Centre that provides a range of career development workshops e.g. interview techniques, CV writing etc.

Some recommended reading

• Elton, E.J., Gruber, M.J., Brown, J.B. and Goetzmann, W.N., Modern Portfolio Theory and Investment Analysis, 2011

• S. Ross, R.W. Westerfield, J. Jaffe and B.D.Jordan ‘Modern Financial Management,’ McGraw-Hill International Edition, Eighth Edition. A standard text, regularly updated and covers much of our material

Recommended reading continued

• Contemporary Financial Intermediation 2nd Edition, Academic Press. By Stuart Greenbaum and Anjan Thakor (2011). This covers a broad range banking issues, but with a focus on the US

• Principles of Corporate Finance, 10th Edition, McGraw Hill. By Richard Brearley, Stuart Myers and Franklin Allen. A standard text, regularly updated and covers much of our material

Q&A session

• Thank you for listening• Any Questions?