Why this course?
In today’s unpredictable financial markets, strategic financial decisions and policies frequently need to be considered in relation to various legal requirements and constraints.
Business people increasingly need to have an understanding of the financial and accounting principles which underpin and inform legal regulation of financial institutions, financial instruments and financial markets.
Consequently, finance graduates who also have a strong legal knowledge, will be very attractive to a range of financial institutions and other organisations, both in the UK and overseas.
This joint masters programme between the Department of Accounting & Finance and the Law School addresses this skills gap in the global market by introducing students to both the legal aspects of regulation of international finance as well as to principles of accounting and finance.
The programme comprises both core and optional classes in finance and law.
It aims to provide students with a number of key learning outcomes:
1. To understand the core elements of financial theory and corporate financial theory.*
2. To understand key elements in financial law and regulation including the private law in respect of the structuring of individual transactions and the public law relevant to regulation of financial markets and institutions from the perspective of UK, EU and international law.*
* Students will have the option of developing skills in various specialist areas in finance or business and commercial law.
The programme also facilitates the development of various cognitive skills and non-subject specific skills.
You'll learn the ability to:
-critically analyse and evaluate arguments
-utilise quantitative techniques
-work on an independent and group basis
-structure and resolve problems
-take decisions in complex situations
-exercise judgement in taking decisions in the absence of complete information and understanding
-use software packages; and, communicate and present ideas effectively
Students are required to complete two academic research projects – one in finance and one in law.
Strathclyde Business School has undergone a £23.2 million transformation to locate departments in a single business quarter and provide state-of-the-art teaching facilities for our staff and students. The major refurbishment includes two new 100-seat lecture theatres, tutorial rooms for up to 40 people and smaller break-out rooms.
All postgraduate finance students will gain substantial exposure to appropriate databases including Datastream, SDC Platinum, and Bloomberg, as part of their studies.
This newly offered programme shares several common elements with our world-class programme MSc in Finance, currently ranked 28th in the world by Financial Times. About two-thirds of the syllabus are in common with MSc in Finance programme and students will be studying several classes together with the students of MSc in Finance programme.
To enhance the learning experience and allow students exposure and engagement with industry, an ongoing series of guest lecturers from relevant professions and organisations will be on offer.
Principles of Finance
Accounting for Financial Analysis
International Banking Law
Advanced Corporate Finance & Applications
Financial Regulation & Compliance
Students on the programme will be required to take electives from:
-Risk Management for Banks
-Financial Management for Banks
-Portfolio Theory Management
-Contemporary Employment Relations
-Labour Law in the Global Economy
-Comparative Company Law
-World Trade Law
-UK & EU Environmental Law
-International Environment Law
-Law of International Business
-International Investment Law
-Intellectual Property Law
Students on the MSc will complete a project in Finance and a project in Law.
Learning & teaching
The course is delivered through a series of lectures, workshops, case studies and problem solving activities.
The course is assessed through written assignments, group and individual projects, examinations and presentations. Students will be assesses by a range of methods including written assignments, examinations, and individual & group projects.
How can I fund my course?
There are scholarship opportunities available for students applying for the MSc Finance. Opportunities include:
-Accounting & Finance Scholarships: https://www.strath.ac.uk/studywithus/scholarships/strathclydebusinessschoolscholarships/accountingfinancescholarships/accountingandfinancescholarships/
Check our Scholarship Search for more help with fees and funding: https://www.strath.ac.uk/studywithus/scholarships/
Students living in Scotland can find out more about funding from the Student Awards Agency Scotland.
Students ordinarily resident in England may be eligible to apply for a loan of up to £10,000 to cover their tuition fees and living costs. Students resident in the EU may also apply.
The international market for graduates in finance continues to expand, but the opportunities for employment with the better known financial institutions remains competitive.
The employability of those finance graduates who can also demonstrate a good knowledge of law will be enhanced, and prove to be very attractive to those organisations, financial institutions and law firms, involved in financial decision taking and the resolution of financial issues.
UK students are required to have a good honours degree (2.1 preferred) or equivalent in economics, accounting, business studies, maths, statistics, computing, or related subjects, or an equivalent professional qualification. Overseas students' qualifications will be judged on an equivalent basis.