Application period/deadline: March 14 - 28, 2018
• An internationally comparable degree in Economics from an AASCB accredited business school
• In-depth understanding of finance theory and financial markets
• Special insight into alternative investments and individual investor behaviour
The international master’s programme in Finance is a two-year programme that covers the core areas of finance, investment management, and corporate financial management. The program includes such courses as:
• Asset pricing
• Portfolio management
• Alternative investments
• Corporate finance
• Corporate governance
• Financial risk management
The program also includes a module of core courses which covers fundamental theory, mathematical methods, and research methods.
Students gain special insight into the areas of the management of alternative assets and individual investor behaviour. The Finance Department of Oulu Business School has unique databases which allow top-level research in these areas.
The programme has a double degree programme with HEC School of Management, University of Liege, Belgium. A limited number of qualified students accepted to the programme complete their first year of studies in Oulu and the second year of studies in Liege. Upon successful completion of the programme, students will be awarded the degrees of M.Sc. Finance from the University of Oulu and Master’s degree in Management, Banking and Asset Management, from the University of Liege.
Students are also eligible to go abroad on an exchange programme during the two-year programme in Oulu.
Graduates understand finance theory and have the technical skills to apply theory to practice. The programme prepares students for such positions as:
• Asset Manager
• Financial / Market Analyst
• Investment Banker
• Corporate Financial Manager
Application period/deadline: March 14 - 28, 2018
• An internationally comparable degree in Economics from an AASCB accredited business school
• Analysis of accounting information for internal decision-making and outside investors
• In-depth knowledge of firm valuation, auditing, cost accounting, and capital investment planning
The International Master’s Degree Programme in Financial and Management Accounting (FMA) is a two-year programme concentrating on the analysis of accounting information for the needs of a company’s internal decision-making as well as for outside investors. The programme will give you relevant expertise and core knowledge towards the adaption of an international financial reporting system, and help develop skills matching the growing need for management control and accounting of internationally operating firms. In particular, you will go through at least the following topics:
• International financial reporting
• Corporate governance
• Econometrics
• Management control
• Auditing
• Firm valuation
• Cost accounting
• Financial analysis
• Globally responsible business
The 2-year programme has two specialization options:
• Financial Accounting
• Management Accounting
After the first semester, each student decides to pursue with a focus on courses of one of the two specializations.
Financial Accounting explores profit and loss accounting, usage of financial statement data in decision-making, incentive compensation of top management, auditing, and firm valuation.
Management Accounting focuses on cost accounting, budgeting, capital investment planning, and management control.
Optional modules make it possible to widen your expertise into:
• The respective other specialization option
• Finance
• Economics
• Practical expertise (internship)
The programme is part of several international Master’s programmes at Oulu Business School. Studying at OBS has become a genuinely multicultural experience, as international degree students, exchange students from all over the world, and of course Finnish students are attending the courses of the FMA programme. A firm connection to working life is given through real-life projects, case studies and national competitions you can participate in in the scope of your studies. The mix of lecturers being OBS professors, guest professors and practitioners guarantees that you will develop a diversified perspective on current issues in accounting.
Whether you aim at pursuing an academic career or working in the industry after finishing your studies, you will be well-prepared for both options.
Possible titles include:
• Chief Financial Officer
• Controller
• Auditor
• Financial Analyst
• Consultant
Students applying for the programme must possess an applicable B.Sc. degree in one of the following fields of study: business studies, social sciences, education, natural sciences, mathematics, or engineering.
