MIM Compass Ebook

Manchester Business School
MSc Finance and Business Economics

Program Name:

MSc Finance and Business Economics


The MSc Finance and Business Economics course will appeal to students who wish to pursue a career in financial markets, banking and financial institutions, or in industry. The course also provides excellent training in research methods and practices for anyone who wishes to progress to studying for a PhD with a view to obtaining eventually a position on the staff of a Business School.

The course aims to provide advanced training for students in both finance and related areas of business economics. The course has an international orientation, with a strong empirical content. You carry out a major piece of empirical research in a dissertation project from either the finance or business economics areas.

Course teaching and dissertation supervision are shared equally by two key divisions within Manchester Business School: the Manchester Accounting and Finance Group (MAFG) and Marketing and International Business (MIBS). Assessment is by a mixture of coursework and exams.

Course structure

(all taught course units are 15 credits)

Semester 1

- Essentials of Finance
- Data Analysis for Business Economics
- International Macroeconomics and Global Capital Markets

One course unit from:

- Foundations of Finance Theory
- Portfolio Investment
- Derivative Securities

Semester 2

- Corporate Finance
- The Analysis of Business Structures
- Financial Econometrics

One course unit from:

- Financial Statement Analysis
- Advanced Empirical Finance
- Mergers and Acquisitions: Economics and Financial Aspects - International Finance
- Real Options in Corporate Finance
- International Trade: Theory and Policy and Practice
- International Business, Governments and Competitiveness

Summer research period

Research Dissertation (60 credits)
 The dissertation is an integral part of the course. It gives you the opportunity to apply what you have learned in the taught part of the course. The dissertation normally consists of a literature survey in an applied or empirical area of accounting and finance followed by a piece of empirical work. Half of the students are supervised on business economics projects by staff in PMO, and the other half of the enrolled students are supervised in MAFG on a finance project.

Examples of recent dissertation projects include:
• The role of institutional investors in corporate governance
• Corporate governance in the UK
• Corporate payout policy
• The information content of equity analyst reports of Chinese firms
• Forecasting international real estate returns
• Abnormal returns over the merger cycle
• Security offerings

Teaching mode:

Full Time



Tuition fees:

Home/EU £17,300
Overseas £20,100




15 September 2014


12 Months




Application deadline:

Rolling admission - please apply as early as possible.



Application procedure:

Entry requirements

Please note: there is a non-refundable application fee of £60.

First or upper second class honours (2:1) degree from a UK university or the overseas equivalent, in finance, economics or business.




academic background in business or economics