School of Management and Languages

Transcription

1 MSc Finance MSc Finance & Management Programmes Booklet School of Management and Languages

2 MSc Finance Programmes: Booklet School of Management and Languages MSc Finance MSc Finance & Management Programmes Booklet MSC FINANCE PROGRAMMES: 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 Finance Programmes: Booklet Within this Programme Booklet you will find key information for your Finance 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 in Finance and MSc in Finance and Management. The programmes cover the major areas of corporate finance, investment, financial markets, derivatives and management, and give due weight to theory, empirical evidence, quantitative methods and practical issues. They will help prepare you for professional employment in the large financial sector or as financial managers in the private or public companies. They also provide the knowledge base for those intending to pursue doctoral research in finance. The University has strong links with the financial sector in Edinburgh, which is a major centre for banking fund management and life assurance, and contains the head offices of two of Britain s largest banks. The programmes are taught mainly by staff in the Department of Accountancy, Economics and Finance, with contributions from members of the Department of Business Management and Department of Actuarial Mathematics and Statistics. The staff in these three departments has a wide range of expertise and research interests, which is especially advantageous when it comes to choice of dissertation. 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 Moh Sherif Programme Director MSc in Finance and MSc in Finance and Management [2]

5 2 Academic staff and office locations 2.1 MSc Finance Programmes Director Programmes Director Office Location Dr Moh Sherif Room MB 1.64 (Mary Burton Building) Telephone +44(0) Fax +44(0) Teaching Staff for MSc Finance Programmes Teaching Staff Location & Contact Details Areas of Teaching Dr Santhosh Abraham Lecturer in Accountancy Prof Andy Adams Professor of Finance Ms Josephine Bisacre Senior Teaching Fellow in Business Law Prof Mustafa Caglayan Professor of Finance Dr Pierdomenico de Gioia- Carabellese Senior Lecturer in Law Prof David Cobham Professor of Economics Hon. Prof. Tom Chadwick P/T Professor in Management Dr Adrian FitzGerald Specialist Lecturer in Investment Management Mr Paul Gordon Lecturer in Accountancy Mr Robert Graham Lecturer in Management Prof. Roszaini Haniffa Professor of Accountancy MB MB MB MB Room MB P.de_Gioia- MB Contact through PG Office MB Room MB MB Accountancy Finance Law Finance Business Management, Law Economics Business Management Investment Management, Portfolio Management Accountancy Business Management Accountancy [3]

6 Teaching Staff Location & Contact Details Areas of Teaching Mr Amos Haniff Senior Teaching Fellow in Management Dr Boulis Ibrahim Lecturer in Finance Dr Bill Jackson Senior Lecturer in Accountancy Dr Eddie Jones Senior Lecturer in Finance Prof Nick Paisey Professor in Accountancy Dr James Richards Lecturer in Human Resource Management Dr John Sanders Lecturer in Management Dr Moh Sherif Lecturer in Finance Dr Bing Xu Lecturer in Finance Room MB MB Room MB MB Room MB Room MB G Room MB G MB HP Business Management Finance Accountancy Finance Accountancy Business Management Business Management Finance Finance Additional members of 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 aims and objectives of the MSc Finance and the MSc Finance and Management are to develop students knowledge and understanding of academic finance and of the financial sector, including theory, empirical research and practical issues. It is designed for those who wish to pursue a professional career in the financial services, or any other career which calls for familiarity with the financial world. It is also designed to provide the knowledge base and the analytical and research skills necessary to continue to doctoral study in finance. Students can expect to develop their knowledge and ability as follows: Knowledge and understanding Core theories and concepts in finance. The way financial decisions or questions are analysed or modelled in theory. For example, how the values of assets or projects are determined; how much a company decides to borrow; how investors select portfolios of assets. Empirical research in finance: critical appreciation of methods used to test models and hypotheses; knowledge of empirical findings. Institutional knowledge: the way financial markets and institutions operate. Financial practice: the nature of financial decisions in companies and financial institutions. Analytical skills Ability to follow complex lines of reasoning, expressed verbally and algebraically. Use of analytical techniques, e.g. the analysis of a company s financial statements; the application of models to value financial assets; certain statistical methods. Assessment of empirical evidence. Assessment of alternative theories or explanations or points of view regarding a given question. [5]

8 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 the two Finance programmes are as follows: Master of Science in Finance (Programme Code C387-FIN) Postgraduate Diploma in Finance (Programme Code C385-FIN) Master of Science in Finance and Management (Programme Code C327-FIM) Postgraduate Diploma in Finance and Management (Programme Code C325-FIM) 4.2 Programme Structure The overview of the different programme structures and assessments for the MSc and PG Diploma in Finance / Finance and 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 Finance 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 Finance: Mandatory Courses Course Course Name Semester Assessment Code C31CF Corporate Finance 1 CW (30%) / Exam (70%) C31CG Corporate Governance: Theory and Research 1 CW (30%) / Exam (70%) C31FN Financial Analysis 1 CW (30%) / Exam (70%) C31CM Capital Markets 1 CW (20%) / Exam (80%) C31DE Derivatives 2 CW (20%) / Exam (80%) C31RM Research Methods 2 CW (100%) C31RF Research in Finance 2 CW (50%) / Exam (50%) For Masters Students Only Course Course Name Semester Assessment Code C31AF Accounting, Banking or Finance Dissertation 3 CW (100%) Finance: Optional Courses Choose one of the following courses in Semester 2 Course Semester Semester Assessment Code C31CR Comparative Financial Reporting 2 CW (30%) / Exam (70%) C21EF Emerging Financial Markets 2 CW (40%) / Exam (60%) C31M International Managerial Accounting 2 CW (30%) / Exam (70%) [7]

10 4.4 Programme and Assessment Overview: Finance and Management 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 Finance and Management: Mandatory Courses Course Course Name Semester Assessment Code C11CS Competitive Strategy 1 CW (50%) / Exam (50%) C31CG Corporate Governance: Theory and Research 1 CW (30%) / Exam (70%) C31FN Financial Analysis 1 CW (30%) / Exam (70%) C11PA Project Management 2 CW (50%) / Exam (50%) C21EF Emerging Financial Markets 2 CW (40%) / Exam (60%) C31RM Research Methods 2 CW (100%) For Masters Students Only Course Course Name Semester Assessment Code C31AF Accounting, Banking or Finance Dissertation 3 CW (100%) Finance and Management: Optional Courses Choose one of the following courses in Semester 1 Course Course Name Semester Assessment Code C31CF Corporate Finance 1 CW (30%) / Exam (70%) C31CM Capital Markets 1 CW (20%) / Exam (80%) Choose one of the following courses in Semester 2 Course Course Name Semester Assessment Code C31CR Comparative Financial Reporting 2 CW (30%) / Exam (70%) C11PV Project Economics and Evaluation 2 CW (40%) / Exam (60%) C31RF Research in Finance 2 CW (50%) / Exam (50%) [8]

11 4.5 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. [9]

12 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 may be examinable. 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 fields of Finance, Management and related subjects. To see a full list of the journals available both in electronic and printed format, visit the Library s website at: [10]

13 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 Finance 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 [11]

14 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: [12]