About the MSc programme
The MSc Finance (part-time) programme provides a unique opportunity to pursue a world-leading MSc Finance degree alongside a full-time career. It is designed for professionals working in London who aspire to high-powered careers in finance and who wish to acquire a more in-depth and academically rigorous knowledge of the subject. The programme is LSE’s most established MSc degree for executives and is specifically tailored to meet the needs and demands of part-time students, not only in terms of academic content but also in terms of the structure and timing of teaching and the support provided for students throughout the programme.
The MSc Finance (part-time) is identical in academic structure and content to the Full-time programme, only differing in the mode of teaching, with the Part-time programme taught exclusively in the evenings over two years, All courses (which are available to MSc Finance students only) are taught by the Department’s world-leading faculty and encompass a range of innovative and cutting-edge subjects. The degree is therefore ideal for students seeking an academically rigorous and internationally-recognised master’s in Finance to give them a solid foundation in the field and enhance their career.
The programme is aimed students from any academic background with good undergraduate degrees and good quantitative skills. The mathematics used in the programme includes basic calculus and statistics, which applicants should be able to demonstrate through either their previous academic studies or professional experience. Submission of GRE or GMAT test results is an advantage but not a requirement. Some knowledge of economics would be an advantage, but this could have been acquired professionally. As the programme is designed primarily for professionals working full-time in London in the finance sector (or in related fields), two to five years of relevant work experience will be considered an advantage.
The foundation of the programme is built in the first year with the study of two compulsory courses - Asset Markets and Corporate Finance. In the second year, students deepen their knowledge by taking four optional half unit courses, on topics such as financial systems, risk management, portfolio management methods, advanced derivatives and structured financial products, fixed income, advanced corporate finance, and applied financial valuation. Students will also be required to write an extended essay in the place of an exam in one of the four optional courses. All students are required to attend a pre-sessional course in September, which covers preparatory quantitative methods.
Throughout the programme, the Department provides a range of tailored resources to support part-time students in combining their studies with demanding professional lives. These include regular academic help and review sessions, dedicated course support and extensive administrative support for all students. Students are also given access to a range of practitioners both in class and via the programme’s alumni network. Being only a short journey form the City and Canary Wharf LSE is ideally located for professionals to commute to and from the office for lectures, to study with their classmates or attend public lectures.
Year one: Compulsory courses
Corporate Finance begins with the firm's investment decision and the cost of capital. This in turn is linked to the firm's financial structure and market environment where the firm operates. It studies in detail major financial decisions including dividend choice, going public, mergers and acquisitions, and restructuring in financial distress.
Asset Markets takes the student from fundamental concepts to up to date applications in fixed-income, equity, and derivatives markets.
Year two: Options
Students take four half unit courses from the following dedicated courses:
Applied Financial Valuation* covers advanced topics in corporate finance and valuation and introduces students to valuation techniques for both securities and projects.
Cases in Corporate Finance* looks at how to apply corporate finance concepts in a wide variety of business situations.
Financial Engineering* provides a thorough grounding in the theory and practice of financial engineering.
Fixed Income Securities and Credit Markets * provides a thorough grounding in recent developments in fixed income securities pricing, hedging and portfolio management.
Risk Management for Financial Institutions* develops a conceptual framework for thinking about financial risk and to show how these concepts are implemented in practice in a variety of contexts.
Topics in Portfolio Management* cover the main topics in equity portfolio management, with a strong focus on empirical applications.
Students also have the option of taking the following non-dedicated courses, taught in the daytime, during the second year (subject to availability): Global Financial System* and International Finance*.
For full details of available courses see the Programme Regulations.
As the vast majority of MSc Finance (part-time) students are already working in finance (or in a related role) when they join the programme, each individual’s future direction upon graduation depends on their own aspirations and career experience. However, whatever their reason for pursuing the programme, whether it be to help fast-track their professional development, change trajectory or simply gain more knowledge in relation to their current role, the programme aims to equip students with the knowledge and skills to succeed in, and enhance, their career.
This programme is not a suitable preparation for the PhD Finance at LSE (see MSc Finance and Economics).
Visit the MSc Finance (part-time) page on the London School of Economics and Political Science web site for more details!
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