School of Management and Languages

Transcription

1 MSc Investment Management Programme Booklet School of Management and Languages

2 MSc Investment Management: Programme Booklet School of Management and Languages MSc Investment Management Programme Booklet MSC INVESTMENT MANAGEMENT PROGRAMME BOOKLET WELCOME FROM YOUR PROGRAMME DIRECTOR ACADEMIC STAFF AND OFFICE LOCATIONS PROGRAMME INFORMATION PROGRAMME OVERVIEW AND DELIVERY TIMETABLING AND LOCATION OF LECTURES ADDITIONAL RESOURCES KEY SML STAFF CONTACTS The information contained within this Booklet is correct as of 9 th September Students are advised to check the Postgraduate section of the School website for revised editions in order to ensure they are familiar with the most up-to-date details of their programme:

3 MSc Investment Management Programme Booklet Within this Programme Booklet you will find key information for your Investment Management Programme, including Programme Director, Academic Staff and resources. Please refer to the online Course Catalogue for further information about the academic content of your core and optional courses. Please refer to the SML Postgraduate Student Handbook to find more information about the School, including important dates, examinations, our academic staff, key administrative staff, assessments, progression. You will also find further details about Heriot-Watt University's rules and regulations, as well as links to useful services such as the Students' Union, the International Student Advisors' Office and the Library. You can find the Course Catalogue, full Programme Structures, Postgraduate Student Handbook and more on the SML Postgraduate Portal here: [1]

4 1 Welcome from your Programme Director Welcome to the MSc Investment Management. The programme provides key investment knowledge with an industry focus. We have strong links with the financial sector in Edinburgh, which is a major centre for fund management, so there will be input from many investment management practitioners. The programme will prepare you for a career in investment, either on the buy side or the sell side, or related areas in the financial services industry. It will also provide the knowledge base for those intending to pursue doctoral research in the finance and investment area. The MSc Investment Management is taught mainly by staff in the Department of Accountancy, Economics and, with contributions from members of Department of Actuarial Mathematics and Statistics, and the School of the Built Environment. Heriot-Watt also offers several other finance-related MSc programmes, so there is a large postgraduate student body in the subject area. I wish you every success over the coming year. My colleagues and I will do our best to help you achieve your aims and we invite you to participate in all that the School, the University, and Edinburgh have to offer you. Dr Santhosh Abraham, CFA Programme Director MSc Investment Management [2]

5 2 Academic staff and office locations 2.1 Programme Director for MSc Investment Management Programme Director Dr Santhosh Abraham Office Location Room MB 1.65 (Mary Burton Building) Telephone +44(0) Teaching Staff for MSc Investment Management Teaching Staff Location & Contact Details Areas of Teaching Dr Santhosh Abraham Lecturer in Accountancy Prof Andy Adams Professor of Prof Mustafa Caglayan Professor of Prof David Cobham Professor of Economics Dr Adrian FitzGerald Specialist Lecturer in Investment Management Mr Paul Gordon Lecturer in Accountancy Prof. Roszaini Haniffa Professor of Accountancy Dr Boulis Ibrahim Lecturer in Dr Bill Jackson Senior Lecturer in Accountancy Dr Eddie Jones Senior Lecturer in MB MB MB MB MB MB MB Room MB MB Accountancy Economics Investment Management Portfolio Management Accountancy Accountancy Accountancy [3]

6 Teaching Staff Location & Contact Details Areas of Teaching Dr John-Paul Marney Teaching Fellow in Prof Nick Paisey Professor in Accountancy Dr Moh Sherif Lecturer in Dr Bing Xu Lecturer in Room MB G Room MB MB HP Accountancy Additional teaching staff to be confirmed. Please be aware that locations of academic offices may be subject to change. You can find the office of SML member of staff, by using Heriot-Watt's People Finder: [4]

7 3 Programme Information Heriot-Watt University reserves the right to update materials from time to time and will ensure that advance notification concerning changes to materials is provided to students on the relevant section of the University website. It is the responsibility of students to check the website, particularly if they are returning to studies after a period during which their studies have been in abeyance. 3.1 Programme Aims and Objectives The Investment Management degree aims to offer students a coherent programme of study, providing sufficient coverage of the investment management discipline to enable graduates to proceed to professional careers in investment analysis/management. The programme also has sufficient rigour for graduates to undertake research training in any British university. There is sufficient flexibility in provision for students to develop their own areas of interest, especially in the dissertation required for completion of the MSc degree. The programme specifically aims to enable students to: acquire and develop a systematic understanding of knowledge in the area of investment management acquire a critical awareness of current issues in both the academic discipline and professional practice understand and evaluate a comprehensive range of research techniques used in the area of investment management understand how research techniques are put into practice in order to create and interpret knowledge evaluate critically academic research, professional research and pronouncements, and financial and business media articles concerning the investment management environment The programme further aims to: encourage the development of specific interests by enabling MSc students to carry out original research at the forefront of knowledge on a relevant topic through a dissertation assist the development of transferable skills (particularly teamwork, communication and presentation) for employment in the investment management industry or in academic research, and in preparation for lifelong learning and personal development. [5]

8 The programme is designed to facilitate the return to university study, is informed by recent developments in research, encourages the development of professional, transferable skills, and supports the transition into employment upon graduation. The core courses are designed to ensure that students develop the key skills and knowledge appropriate to this level of study, while the range of options, including the dissertation, provides flexibility for students, allowing them to pursue particular interests. The programme will also have a strong international flavour, resulting from international recruitment and the research practice of staff teaching on the degree. Students entering the course have opportunities to develop scholarship skills, undertake professional and employability development, and engage in the practice of reflective learning. 4 Programme Overview and Delivery 4.1 Programme Codes Each undergraduate and postgraduate programme at the University is allocated a unique code. The codes for Investment Management are: Master of Science in Investment Management (Programme Code C397-INV) Postgraduate Diploma in Investment Management (Programme Code C395-INV) 4.2 Programme Structure The overview of the programme structure and assessment for the MSc and PG Diploma in Investment Management are shown on the following pages. The full length document is also available online at: Please note that these documents may subject to change over the course of the academic year. You will be notified of any such changes as appropriate. [6]

9 4.3 Programme and Assessment Overview Students study four taught courses in Semester 1, four taught courses in Semester 2 and Masters students also study the research dissertation in Semester 3 (summer). Each taught course is worth 15 credits and the dissertation is worth 60 credits. For progression to the dissertation, students must satisfactorily complete all 8 taught courses. CW= Coursework Exam= Exam Mandatory Courses Course Code Course Name Semester Assessment C31CM Capital Markets 1 CW (20%) / Exam (80%) C31PM Portfolio Management 1 CW (30%) / Exam (70%) C31RM Research Methods 2 CW (100%) C31IV Current Topics in Investment Management 2 CW (30%) / Exam (70%) For Masters Students Only Course Code C31AF Course Name Semester Assessment Accounting, Banking or Dissertation 3 CW (100%) Optional Courses Choose one of the following in Semester 1 Course Code Course Name Semester Assessment C31CG Corporate Governance: Theory and Research 1 CW (30%) / Exam (70%) C31CF Corporate 1 CW (30%) / Exam (70%) AND Choose one of the following in Semester 1 Course Code Course Name Semester Assessment C31FN Financial Analysis 1 CW (30%) / Exam (70%) C31IA International Accounting Standards 1 CW (30%) / Exam (70%) AND Choose two of the following in Semester 2 Course Code Course Name Semester Assessment C31CR Comparative Financial Reporting 2 CW (30%) / Exam (70%) C21EF Emerging Financial Markets 2 CW (40%) / Exam (60%) C31RF Research in 2 CW (50%) / Exam (50%) C31DE Derivatives 2 CW (20%) / Exam (80%) [7]

10 4.4 Course Catalogue, Structures and Outlines After reviewing your appropriate Programme Overview, Postgraduate Students should then visit the SML Postgraduate Course Catalogue to find out more information about specific courses. The Course Catalogue contains information on all courses, including aims, assessment methods and topics covered. Students should refer to the Catalogue to prepare for their programme and, where appropriate, to select their optional courses. The SML Postgraduate Course Catalogue is published on the Portal here: The Catalogue includes the full Course Structures. More detailed information such as an introduction to the course subject, course objectives, teaching methods, assessment, reading lists and a lecture synopsis will be available on VISION before the first lecture. This is known as the Course Outline. It is the responsibility of each student to ensure that any optional courses are permitted within their specific programme of study and that they have the correct pre-requisites where necessary. No guarantee can be given that all the courses listed in the catalogue will be running each academic year. 5 Timetabling and location of lectures Timetables are available at the beginning of each semester on the Postgraduate noticeboard in the Esmée Fairbairn building and online here: Students will also be advised of any guest lectures and site visits as they are arranged. Attendance at these is compulsory and their content is examinable. [8]

11 6 Additional Resources 6.1 Library The Library holds a huge range of study resources for all our students, including books, e-book, journals (paper and electronic), theses and newspapers. Many of these resources are available for long or short loan. The Library also has several study rooms available for private or group use, some of which can be booked in advance. There are areas dedicated for silent study and other areas where quiet discussion is permitted. Wi-Fi access covers the whole Library and Dewey's, the Library's small café is a great place to go when you need to take a short break from your work, or for group discussions. The Library also runs a comprehensive workshop programme to help students improve their study skills, including sessions on referencing, critical thinking, presentation skills and even how to manage exam stress. Opening hours vary during the year, with 24-hour access usually available before during exam diets to support our students during these intensive study periods. For further information on the Library's resources, facilities, workshops and opening hours, please visit the website here: Relevant Journals held at Heriot-Watt University Heriot-Watt University Library has a large collection of specialist journals in the field of finance and investment. To see a full list of the journals available both in electronic and printed format, visit the Library s website at: Recommended advanced reading list: Bodie, Kane & Marcus, Investments and Portfolio Management, 9 th Edition, McGraw Hill, Maggin, Tuttle, Pinto & McLeavey, Managing Investment Portfolios: A Dynamic Process, 3 rd Edition, Wiley, [9]

12 7 Key SML Staff Contacts Senior SML Academic Staff and Directors Head of School Professor Robert MacIntosh Deputy Head of School Professor Ursula Böser Director of Learning and Teaching Dr Bill Jackson Director of Postgraduate Programmes Dr Yvonne McLaren-Hankin Director of Research Director of Undergraduate Teaching Programmes Head of Department: Accountancy, Economics and Head of Department: Business Management Head of Department: Languages and Intercultural Studies Director of Administration and School Registrar Financial Controller / Director of Administration (Resources) Professor Graham Turner Ms Josephine Bisacre Professor Andrew Adams Professor Kevin O' Gorman Professor Isabelle A Perez Mr Campbell Powrie Ms Sylvia Stevenson Key SML Support Staff Postgraduate Secretary (Postgraduate Office) Miss Donna Gall EF 11 pgenquiries@sml.hw.ac.uk School Administrative Officer (Postgraduate) Mrs Stephanie Ashby EF 12 S.A.Ashby@hw.ac.uk Assessment & Progression Administrator Mrs Jessica Forbes MB 1.28 J.Forbes@hw.ac.uk [10]

13 7.2 Key Office Locations All postgraduate queries should initially be directed to the Postgraduate Office in the Esmée Fairbairn Building SML Postgraduate Office Esmée Fairbairn Building: Room 11 School of Management and Languages Heriot-Watt University Edinburgh, EH14 4AS Tel: Fax: Key Dates in Academic Year Postgraduate Enrolment Monday 9 th September 2013 (begins) Semester 1 teaching starts Monday 16 th September 2013 Semester 1 teaching finishes Friday 6 th December 2013 Semester 1 assessment Monday 9 th December 2013 Friday 20 th December 2013 Semester 1 break (Christmas) Monday 23 rd December 2013 Friday 10 th January 2014 Semester 2 teaching starts Monday 13 th January 2014 Semester 2 teaching finishes Thursday 4 th April 2014 Semester 2 break Monday 7 th April Friday 25 th April 2014 Easter Holiday (Good) Friday 18 th April (Easter) Monday 21 st April 2014* Semester 2 assessment Monday 28th April 2014 Friday 23 rd May 2014 Graduation ceremonies Tuesday 24 th June Friday 27 th June 2014 Thursday 20 th November Friday 21 st November 2014 Students are required to attend for the entirety of Semester 1 and Semester 2 teaching periods and be present for the full examination and resit diets. Students must not book holidays during these periods. There will also be a Postgraduate resit diet in the summer of Further details of the Postgraduate resit diet will be provided to students in Semester 2. For more information on reassessment and progression, please read Section 6.2 of the SML Postgraduate Student Handbook. * The University buildings - except for student halls of residences - will be closed for the Easter break. Other buildings closed days for the academic year will be confirmed. The Academic Calendar can also be viewed online here: [11]