The master program Corporate Governance & Finance combines knowledge of financial management and governance systems with advanced academic research skills. Based on a blended learning concept, the program employs a balanced mix of online courses and traditional classroom lectures. Corporate Governance & Finance is not a typical distance education program, but is designed to match the requirements of students who wish to remain employed while studying. The program is fully taught in English and marked by continuous interaction between students and lecturers. The clear structure of semesters assists students in planning in advance and fulfilling their professional, academic, and private commitments simultaneously. Typically, graduates of Corporate Governance & Finance will be hired in or promoted to leading positions in fields such as corporate management, compliance, business consulting, politics, lobbying, financial institutions, and research.
The master program Corporate Governance & Finance addresses the specific needs of employed students. The blended learning concept comprises synchronous and asynchronous online lectures and mandatory classroom lectures in Innsbruck to assure high flexibility and optimized time-management.
Corporate Governance and Finance are of utmost importance for the long-term success of a company. Good and efficient management and control is not only important for international companies but increasingly relevant for medium-size businesses as well. Financial management is a strategic task for long-term existence of businesses. In today’s business environment, it must be coupled with good corporate governance to ensure sustainable success of the firm. The master program Corporate Governance & Finance enables graduates to take on senior management positions, and to assume responsibilities at the interface of financial management and regulatory frameworks.
The program is designed to suit the requirements of students who wish to remain employed during their studies. In order to help learners fulfilling their professional, academic and private commitments, semesters are structured consistently. For this, online lectures are held during evening hours and mandatory classroom attendance in Innsbruck is limited to a minimum. Typically, three courses take place in the first half of a semester with each course lasting three weeks. Following these nine weeks there is one week in which students must attend four days of classroom lectures and exams in Innsbruck. The second half of a semester is structured the same way with nine weeks of online courses and one week in which four days of classroom lectures and exams close the semester. The fourth study semester is structured differently. There are only six weeks of online lectures followed by one week with four days of mandatory classroom lectures and exams. After this, students are supposed to write their Master thesis and sit the final exam.
This practitioner-oriented Master’s degree provides students with a practical and theoretical foundation for successful careers in risk management, compliance, regulation and allied work streams within the financial services industry. Skills are developed through creating a broader understanding of financial firm risk-taking, accountability, governance.
The emphasis is on a deep analysis of mainstream and critical authorship. We will challenge current and past thinking on the role of financial institutions and markets. The programme particularly encourages students to examine regulatory structures and concepts in the context of recent and past financial crises.
Students will build the skills and knowledge needed to gain an understanding of financial reform processes and their consequences for markets around the world. Rigorous classroom teaching coupled with extensive reading provides students with a sound theoretical basis. An understanding of substantive legal issues is also developed.
Contributions by industry and regulatory experts introduces students to the nuances of real world application of theoretical constructs. Practical case studies, current legal positions and interactive student discussions or presentations are used in most lectures. In addition legal, academic, practitioner and regulatory input is gained through specialist guest lectures and visits as per the ability of the year-group.
Some key topics taught within this degree include:
October – December: Part 1 Autumn Term
January: Part 1 Exams
January-April: Part 2 Spring Term
May – June: Part 2 Exams
June – August (12 month programme only): Part 3
August/Sep (12 month programme only): Part 3 Coursework deadlines
Part 1 compulsory modules
Part 2 compulsory modules
Part 3 optional modules
Students on the 12-months programme should choose one from the following:
Full-time: 9 months Full-time: 12 months
Students will be resident and undertake full-time study in the UK. Under both, the 9 and 12-month programmes students take compulsory and/or elective modules in Part 2.
The 12 month option involves taking an elective 20 credit module between July and August, which would also mean a 20 credit reduction in the number of taught modules taken in the spring term.
The financial services sector has an ever-expanding need for graduates trained in the fundamentals of compliance, governance and regulation. This increasing demand has been fuelled by implementation of a number and rules and laws, including the EU Market Abuse Directive, Markets in Financial Instruments (MiFID), global standards such as Basel II, and the FSA and US regulators’ focus on principles-based regulation, all of which require significant in-house compliance resources.
With recent explosive growth in capital markets such as China,India, the Middle East and Eastern Europe, combined with the increasing complexity of financial products and a growing sophistication on the part of investors and market participants, there are immense challenges facing institutions, compliance professionals within them and regulators.
Our graduates are in a very strong position to build successful careers in the compliance or legal divisions of investment banks, fund managers and hedge funds, retail banking institutions and other market participants.
The ICMA Centre is a Chartered Institute of Securities and Investment (CISI) Centre of Excellence. Centres of Excellence are a select group of UK universities, recognised by the CISI as offering leadership in academic education on financial markets. Students who are on a financially-related masters course recognised by the CISI are eligible for exemptions and membership.
ICMA Centre students who register and successfully complete two CISI Diploma in Capital Markets modules (Securities and Bonds & Fixed Interest Markets) are eligible for an exemption from the third module (Financial Markets).
ICMA Fixed Income Certificate
To obtain the requisite knowledge to pass the rigorous FIC exam, students are required to take the ICMA Centre Fixed Income Cash and Derivatives Markets module at Part 2. In order to receive the FIC certificate, students will need to register and pass the FIC exam through ICMA.