Manchester Metropolitan University

MSc/PgDip/PgCert

Banking and Finance

2017 entry

Features and benefits of the course

  • You will be taught in the internationally recognised multi award-winning Business School on All Saints Campus. Watch the video to find out more.
  • As a student of the Accounting, Finance and Economics Department, you will have complementary access to Bloomberg, the leading global platform used by the world’s leading banks, corporations and government agencies for news, data, analytics and research. 
  • Read the latest post on our economics blog at: www.business.mmu.ac.uk/eomics
  • There are opportunities to focus your assignments on your employment goals, or your current employer.
  • You will have extensive access to real world data and academic journals.
  • Our academic team includes internationally renowned economists and finance specialists.
  • Timetabled lectures and seminars are complemented by the guest lecture series run by the Accounting, Finance and Economics Society.
  • Teaching staff on this programme are highly experienced practitioners and active researchers. Read more about the staff from the Department of Accounting, Finance and Economics

Adding value to your employability skills

Throughout your studies there is strong provision for employability and gaining graduate employment through our Careers and Employability Hub and a range of additional activities that include:

Live business project 

Many employers require graduates who possess a range of skills and knowledge, including experience in the workplace. Masters students of the Business School take a unit called Investigating Business Practice, where you will act as a consultant for a real business. This will develop your project management, team working, client management and business consultancy skills.

In groups, you will be matched with a business organisation that is seeking solutions to an issue that is related to your subject area. You will be expected to meet with the client company, identify the key issues that the client is facing and be required to scope out their specific requirements and business needs, delegate roles and tasks within your team and then respond professionally to this brief, showcasing strategies and proposals that they can realistically implement into their business. 

Behind-the-scenes business visits

As a Masters student of the Business School, you have the opportunity to participate in a number of free business visits that allow you to see behind the scenes of real companies and learn about how these businesses are structured and operate. The business visit programme varies each year, the following are indicative of the type of business visits that are available:

  • Manchester United Football Club – museum and stadium tour plus guest speaker on business operations
  • Robinson’s Brewery – tour of 175 year old family run brewery and guest speaker
  • BBC at MediaCityUK - tour of BBC studios at MediaCityUK with an insight into how TV broadcasting works.
  • Jaguar LandRover - tour of the LandRover factory including every stage of the assembly process to the finished product.

Professional development weeks

The Faculty of Business and Law hosts two Professional Development Weeks annually. Free and open to all students, this includes a festival of skills-development activities, practical support in developing your CV and employability skills, and the opportunity to network with actively recruiting graduate employers. 

Expert guest lectures

A number of guest lectures take place each year with leading speakers from industry. The Business School shares extensive links with over 25 professional bodies including the Chartered Management Institute and the Institute of Leadership and Management. We invite speakers from various industries onto campus as guest lecturers to share their knowledge with current Masters students. 

Accreditations, Awards and Endorsements

Placement options

Postgraduate internship programme

Employers look favourably on candidates who can demonstrate relevant and practical work experience. All Masters students at the Business School are encouraged to undertake an optional, short-term internship with a real business in order to develop relevant experience relating to their studies. 

The Postgraduate Internship Programme is an optional unit which allows you to gain up to fourteen weeks of work experience in a business environment; putting your studies into practical application, at the same time as gaining practice credits, which are recorded on your degree qualification transcript. 

A dedicated Placement and Project Coordinator will guide you through this process, by sourcing and advertising suitable roles throughout the year, offering 1-2-1 application advice, and supporting you to make speculative applications to source your own Internships. 

Internships can be part-time or full-time but must fit around your scheduled classes.

About the course

Our postgraduate programmes aim to combine academic knowledge from leading research in the area with the professional skills that employers are seeking.

Our research in business and law brings together a number of synergistic research centres and knowledge clusters and our doctoral school of PhD researchers who work with teaching staff on the design of the programme. 

Industry experienced teaching expertise

Teaching staff on this programme are from the Department of Accounting, Finance and Economics and combine a rich mix of industry qualified and research active academic staff. 

Meet the lecturers: 

Dr Kat Werner | Programme Leader

Typical units of study may include

Year 1

Units on the programme are designed to develop your critical thinking on key areas whilst allowing you to apply your learning into practice by undertaking a live business client project, before embarking on a consultancy based dissertation.

You will study the following units:

Core units

  • Corporate Finance and Strategy
  • Financial Economics and the Banking Crisis
  • Investigating Business Practice
  • Research Methods 
  • Dissertation

Option units

  • Financial Planning and Wealth Management

OR

  • Behavioural Economics and Financial Decision Making

Core Units
Corporate Finance and Strategy

This unit will develop your knowledge and skills in designing and implementing business strategy in the context of the external environment and internal capabilities. Key themes covered in this unit include: Corporate strategic theories; Implementation issues/approaches; external and internal environmental analysis; financial risk management; financial objective settings and financial analysis techniques.

Dissertation

To successfully complete the Masters award, you are required to undertake a 15,000 word dissertation, supported by an individual tutor. This piece of individual work can be used to inform research in industry or a sector that is aligned to your career aspirations.

This unit is your chance to undertake a consultancy dissertation, which could be based on a current or potential employer. This would involve identifying and structuring an investigative managerial or business issue, producing a substantial written document of your conclusions and recommendations. Conducting primary research in the client organisation would be required in order to offer short to medium term solutions to the business, identifying implications of these actions for the wider profession.

You may also wish to do one of four other types of dissertation including:

  • Enterprise Based Business Plan: Developing a Business Plan for a start-up business, underpinned by secondary data and fieldwork on the proposed business area, with the objective of a possible launch of a small enterprise.
  • Empirically based: Answering distinct research questions, triggered by an issue of strategic or operational importance, mainly by conducting fieldwork (collecting primary data), with the objective of drawing out the implications for the wider professional practice.
  • Action Learning: This involves examining, in a reflective way, a problem-solving ‘action intervention’ made by the author in his/her organisation through the lens of relevant literature, with the objective of demonstrating insights and enhanced managerial competence, and drawing out the implications for the wider management professional practice.
  • Library based: This would involve answering distinct research questions, which are triggered by an issue of strategic or operational importance, mainly by gathering secondary data and doing a meta-analysis of published interpretations of existing data sets, with the objective of drawing out the implications for the wider managerial professional practice.
Financial Economics and the Banking Crisis

This unit explores the workings of the financial system, why the system developed and what can go wrong. You will explore the global economic crisis, the possible causes and solutions. The aim of the unit is to develop your key analytical skills in financial economics and understanding of the warning signs in the economy and the role of the central bank. Key themes of the unit include: Financial System Theory; Government Policy and the financial system; Exchange rate economics; Interest rate determination; Advanced economic theory in financial decision-making; The pension crisis and solutions; The economic and financial crisis; Taxation, Fiscal Policy and the economy.

Investigating Business Practice

In this unit you will work on a live business problem, from the setting of objectives through to the production and presentation of recommendations for a business audience. This is an investigative unit that will enable you to synthesise theoretical knowledge with practical application and supports the development of professional and employability skills.

You will apply a problem-based learning approach through:
Project Management techniques
Project design
Scoping and parameter setting
Problem identification and problem solving
Business writing
Reflective learning


Full time students will conduct this as a team project. Students may be permitted to complete an individual project based in their workplace, provided they can demonstrate that they have an evidential base to reflect on their team/leadership skills in their learning log.

Research Methods (AFE)

This unit will prepare you for your Master's Dissertation. It aims to develop your critical thinking, reflective writing and other study skills, including analysis and referencing, to successfully study at Masters level. The unit will introduce you to general research methods needed to successfully develop a dissertation proposal or research brief. 

Likely Optional Units
Behavioural Economics and Financial Decision Making

This unit develops an understanding of the use of the concepts and techniques of behavioural economics, with particular focus on the design of financial products and investment portfolios. The ability to synthesise and analyse the data necessary for portfolio construction and asset allocation is examined using the principles and techniques of behavioural finance.  The unit includes an advanced study of the behavioural biases related to finance and economic policy, using case studies e.g. The sub-prime mortgage crisis to understand why people make so-called irrational decisions. Furthermore, you will be prepared for a behavioural analysis of policy. There is also an opportunity to explore the application of key statistical techniques and research methodologies.

Financial Planning and Wealth Management

This unit examines the core components of financial planning and wealth management, including investment management, financial protection and the design of portfolio solutions for clients. Key topics covered include: Investment Principles and Risk; the Impact of the Macroenvironment on risk and Investment Performance; Investment Theories; Financial Protection; Client Identification and Analysis; Contemporary Issues in Financial Planning; and Wealth Management.

Programme Review

Each programme of study that we offer undergoes an annual review to ensure an up-to-date curriculum supported by the latest online learning technology. In addition, we undertake a major review of the programme, normally at 6-yearly intervals, but this can take place at a more frequent interval where required. Applicants should note that the programme currently provided may be subject to change as a result of the review process. We only make changes where we consider it necessary to do so or where we feel that certain changes are in the best interests of students and to enhance the quality of provision. Occasionally, we have to make changes for reasons outside our control. Where there are changes which may materially affect the current programme content and/or structure, offer holders will be informed.

Assessment details

You will be assessed by coursework. Research and academic skills will be taught to support the successful completion of your taught units and dissertation/research project.

Additional Information About this Course

N/A

Teaching Staff

Your studies are supported by a team of committed and enthusiastic teachers and researchers, experts in their chosen field. We also work with external professionals, many of whom are Manchester Met alumni, to enhance your learning and appreciation of the wider subject. Details of departmental staff can be found at: http://www2.mmu.ac.uk/business-school/about-us/our-staff/afe/

Typical entry requirements

Normally a good UK honours degree (minimum 2:2), or international equivalent, in a business, economics or finance related subject.

There’s further information for international students on our international website if you’re applying with non-UK qualifications.

How do I apply for this course?

The quickest and most efficient way to apply for this course is to apply online. This way, you can also track your application at each stage of the process.

Apply online now

If you are unable to apply online, you can apply for full- and part-time taught courses by completing the postgraduate application form. There are exceptions for some professional courses – the course information on our on-line prospectus will give you more information in these cases.

Please note: to apply for this course, you only need to provide one reference.

Career options after the course

Graduates from this programme are well equipped to take up positions in corporate finance, banking, financial planning and management roles. The global nature of these industries means that graduates are suited to move into rewarding careers in multinational corporations. 

The Faculty of Business and Law’s dedicated Careers and Employability Service is at your disposal during, and up to three years after you graduate.  With a focus on developing and enhancing your employability skills, there is a range of careers support services on offer during your time here including Professional Development Weeks twice a year, where a festival of skill building activities, training and employer networking takes place.

You are encouraged to explore your employment options during studying for your postgraduate qualification and you will have the opportunity to engage with employers through careers fairs, guest speakers and internships. 

Confirmation of Regulator

The Higher Education Funding Council for England is the principal regulator for the University.

Important Notice

This online prospectus provides an overview of our programmes of study and the University. We regularly update our online prospectus so that our published course information is accurate and up to date. Please note that our programmes are subject to review and development on an ongoing basis. Changes may sometimes be necessary. For example, to comply with the requirements of professional or accrediting bodies or as a result of student feedback or external examiners’ reports. We also need to ensure that our courses are dynamic and current and that the content and structure maintain academic standards and enhance the quality of the student experience.

Please check back to the online prospectus before making an application to us.

The provision of education by the University is subject to terms and conditions of enrollment and contract. The current Terms and Conditions Applicable to the provision of the University’s Educational Services are available online. When a student enrolls with us, their study and registration at the University will be governed by various regulations, policies and procedures. It is important that applicants/students familiarize themselves with our Terms and Conditions and the Key Contract Documents referred to within. Applicants will be provided with access to an up to date version at offer stage. This can be found within the Information for Offer Holders document.