This programme benefits from Surrey Business School’s excellent reputation in Accounting and Finance courses, and offers an advanced understanding in banking and finance as well as the opportunity to specialise through optional modules.
At Surrey Business School, we take pride in the quality of our research and teaching. Our excellent standards are reflected in the findings of the last Research Assessment Exercise, our accreditations from the AACSB and the AMBA, and our close links with national and international businesses of all sizes and across all sectors.
This programme will help you to understand, among other things, the rapidly changing financial market conditions, the source of the recent financial crisis and the rationale for the ‘bailouts’ of several banks worldwide.
The programme will provide you with a rigorous treatment of the theory of banking and finance and how this relates to the role of banking institutions in international and national economies. It also equips you with technical skills in the econometric techniques that are necessary to understand the literature and undertake independent empirical research in banking and finance. The optional modules offer you a wider perspective on the subject matter and allow you to specialise in areas that you find of particular interest.
|C - Compulsory, O - Optional (totalling 30 credits)|
|Money and Banking||15||C|
|Foundations of Finance||15||C|
|International Corporate Governance||15||O|
This module introduces money and banks (microfoundations) and the implications for allocative efficiency and regulation, whilst looking at the complex roles of asymmetric information, signalling, adverse selection, risk aversion, agency and moral hazard in banking activities.
This module provides a complete introduction to financial theory through a study of the problems of investing capital, specifically valuation of securities both as individual investments and their contribution to risk and return in a portfolio context.
Finance is regarded as applied economics. A good grasp of quantitative methods in economics is essential for finance and accounting-related studies. This module is an introduction to the techniques of econometrics and the use of an econometric package.
Introducing the process of research project formulation and the key elements of research design, this module should prepare you to execute your research study for your dissertation in a systematic and scientific manner.
This module provides a substantial course in corporate finance following the Foundations of Finance module. This exposure will help you understand some of the more difficult materials in corporate finance and also present corporate finance as the working of a number of integrated and powerful institutions.
This module studies the various stages of the investment analysis and management process, from the award of an investment sponsor’s mandate, through investment manager selection, to the portfolio and performance outcome of that selection. Consideration is made at each stage of who makes the decisions and what those decisions are based upon. This includes asset allocation and comprises equity investment, active versus passive investment, drivers of value, security selection, investment style and investment performance.
This module builds on financial economics theories to encompass the latest developments in corporate governance worldwide. The theoretical study is supported by empirical evidence in which corporate governance develops by examining the legal structure and capital market for various countries at macro level, and the firm’s structure which influences the effectiveness of corporate governance at macro level. It takes an international approach by contextualising its development and providing a stimulating range of academic and practitioner research, and topical case studies.
This module is targeted at students interested in understanding the purpose and use of derivative securities, specifically forwards, futures, swaps and options. Applications in hedging and speculating in corporate and funds management are used to reinforce a rigorous development of arbitrage theory that underpins the pricing behaviour of derivative securities.
Risk management focuses on the types of risk that arise for a business including market risk, credit risk and interest risk. This module considers financial risk management strategies, how risk is evaluated, the methods that are available to hedge against risk and the strategies that are employed to mitigate risk. This is complemented by consideration of operational risk and key risk management issues for financial institutions, including regulatory issues such as Basel II.
This module provides you with an understanding of worldwide financial markets and the main types of securities traded in these markets, as well as how to use these securities to hedge risks in world financial markets.
The dissertation is the final element of the programme and it provides an opportunity for a sustained period of research. It allows you to concentrate on topics that are of particular interest to you and it draws upon a range of different aspects of the taught programme, particularly the Research Methods module. It also gives you an opportunity to work on your own with individual supervision.
The module allows you to:
You will also be expected to demonstrate an awareness of any ethical dilemmas that arise in your research.
Surrey Business School is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and by the Association of MBAs (AMBA).
Applicants should normally hold a Bachelors degree (UK 2.1 or above) or equivalent qualification from a recognised British or overseas university in a related subject (including accountancy, business administration, economics, engineering, finance, management, mathematics, physics or science).
If an applicant’s Bachelors degree is not in a subject related to the MSc, some relevant work experience would be an advantage. Higher level professional qualifications may also be accepted. Each applicant is assessed on their own merit.
IELTS minimum overall: 6.5
IELTS minimum by component: 6.0
We offer intensive English language pre-sessional courses, designed to take you to the level of English ability and skill required for your studies here.
|Study mode||Start date||UK/EU fees||Overseas fees|
Please note these fees are for the academic year 2014/15 only. All fees are subject to annual review.
The University of Surrey are pleased to offer three scholarship schemes aimed at further enhancing our cultural diversity:For more details
The University of Surrey is delighted to announce it has recently been selected to participate in the Tullow Oil Scholarship Scheme.For more details
Open to lecturers and administrative staff at Indonesian universities.For more details
Thinking of continuing your education at Surrey? As an alumni of Surrey you could be eligible for a 10% discount on our Taught Masters programme fees.For more details
Experienced staff in our International Student Office are available to help from the moment you consider studying at the University. We offer professional advice on immigration, visa issues, entry qualifications, pre-departure information, employment regulations and international student welfare.
Professor Hilson, Programme Director for MSc Extractive Industries, the Environment and Sustainability, was interviewed by the New York Times in a recent article, On Moroccan Hill, Villagers Make Stand Against a Mine. Professor Hilson is a leading global authority on the environmental and social impacts of the small-scale mining sector.
At Surrey we are committed to enhancing our portfolio of postgraduate programmes to meet the demands from industry. This year we have introduced 13 new Postgraduate Masters courses which will prepare the way forward for your exciting future.
Originally invented by Yale economist Professor Robert Shiller, the Continuous Workout Mortgage is a new type of home loan that automatically reduces monthly payments when house prices decrease.
Professor Alan Brown, Associate Dean for Entrepreneurship and Innovation at Surrey Business School, recently talked invention, engineering and education with the co-founder of Apple, Steve Wozniak, at the IBM Innovate2013 conference in Orlando, Florida.
“Everyone was very kind and my lecturers and the other staff were so friendly, it was just like a family.”
The University of Surrey’s commitment to the future of mobile communications has been recognised with a share of £50 million in government funding to stimulate the UK economy.
Alan is Professor of Entrepreneurship and Innovation in the Surrey Business School where he leads activities in the area of corporate entrepreneurship and open innovation models. He also focuses on innovation in a number of research areas including global enterprise software delivery. Alan is also an IBM Distinguished Engineer at IBM Rational Software where he consults on business strategy and new business models.
Jeff Willcocks is the Managing Director at Trend Machinery and Cutting Tools Limited. He was asked to take over the management of the organisation on completion of his MBA and has been Managing Director since 2006.
Yasir Jawed is the CEO of Master Lubricants FZ-LLC, a lubricating oil blending plant in the UAE. He also acts as Director of three other companies.
Maciej Kokot is CEO at Fellow Foods. He has started three businesses since graduating from the University of Surrey.
Louise Tharnthong is a Senior eCommerce Manager for Tesco Lotus in Thailand. She was the lead project manager for Tesco Click & Collect after completing their Business Leadership Graduate Scheme, before becoming Senior eCommerce Manager for Tesco Lotus where she leads the business unit.