Course modules:
Block 1: Finance, Investments and Financial Management
Block 2: Applied Asset Management
Block 3: Bank Management, Regulation and Supervision
Block 4: Investment Banking, Digital Banking, and Green Finance
Block 5 & 6: Choose one from the below:
- Dissertation
- Applied Research Project
Detailed Module Descriptions
Block 1: Finance, Investments and Financial Management
This module introduces you to the concepts and theories of finance and investment that underlie the techniques which are offered as aids for the understanding, evaluation and resolution of financial managers’ problems. The module covers derivatives (e.g., futures, forwards, options and swaps) and alternative investments (e.g., real estate, private equity, hedge funds and commodities), and lays some essential backgrounds which will be further developed at a later stage of your degree programme.
Block 2: Applied Asset Management
This module provides a broad understanding of the skills needed to turn clients' investment objectives into trading strategies. It is designed to prepare participants for roles in investment firms, regulators, and clients.
Guidance on the links between finance theory and trading will be part of the programme of study. You will manage a simulated sub-portfolio on behalf of a client. During the module, you will report to, and make trading recommendations on behalf of, your client. These reports and recommendations will be in response to real-time daily news, and in response to changes in the client's investment objectives. Participants will need to apply their knowledge of finance theory, and portfolio management, in this changing situation. The module emulates many aspects of a trading floor and participants will learn how to analyse the impact of trading strategies on risk, return, and transaction costs. You will gain an understanding of hedging, and how to manage client cash flows.
Block 3: Bank Management, Regulation and Supervision
The objectives of this module are to provide you with an introduction to the financial management of the commercial banking enterprise, provide a critical understanding of the basic issues involved in value creation and risk management for banking firms, and equip students with the technical and analytical tools, and strategic abilities necessary for managerial responsibility in the financial management of the banking firm. The module will also provide you with a critical understanding of the regulatory and supervisory environment in which financial institutions operate, and the various national and international standards they must comply with.
Block 4: Investment Banking, Digital Banking, and Green Finance
First, the module provides an introduction into various aspects of investment banking. The emphasis will be laid on giving an understanding of the complex interactions of investment banks with competitors, their clients and investors in the market. Second, the module provides you with a critical overview of the diverse banking digital transformation models and further analyses the market’s development through partnerships with the FinTech industry. Third, the module provides a critical overview of the different aspects of green banking, main theories and principles as well as practical how-to guidelines to adopt green banking practices. The module discusses why green banking is central to achieving sustainable development. It illustrates the evolution of green banking around the world, different types of environmental risks created by firms and how these risks offer threats to sustain ability, and ongoing trends and patterns of green banking practice. It also presents an outline of the regulatory framework necessary to help the banking sector adapt to the change towards green banking.
Block 5 and 6: Dissertation
The dissertation is the culmination of the Masters programme and will draw on your learning over the course of the Programme. The dissertation is studied independently with the assistance of a supervisor and is a chance for you to academically pursue an area of Finance or Banking of particular interest. Dissertations can take a range of formats such as empirical research or a systematic review.
OR
Block 5 and 6: Applied Research Project
The applied research project will integrate your academic knowledge with your analytical skills to rigorously investigate a real-world problem or issue in finance or banking, which will be provided to you. The project can focus on a case study, an institutional problem or a broader policy issue.