The MSc Financial Management recognises that today's business managers need to be able to interpret financial information and use it to guide business strategy. There is a strong emphasis in the programme on the development of personal managerial skills and the application of the critical and analytical skills needed by contemporary financial managers.
This qualification provides an excellent platform for those interested in a career in financial management. The curriculum inherent within this programme addresses not only conventional accounting concepts and issues and discussions at the forefront of the discipline, it also encompasses the need for a broader based management perspective that facilitates the continued role of the accountant in all areas of business management. There is a strong emphasis in the programme on the development of personal managerial skills and the application of the critical and analytical skills needed by contemporary financial managers.
Graduates of the programme will be expected to gain employment at managerial level, with the prospects of progressing to Financial Director or Chief Executive in the UK and Internationally. However they will be equally well equipped to take on an entrepreneurial role in a Small to Medium Sized Enterprise (SME) or to advise SMEs on a regional or national basis. This is important in Welsh economy where indigenous SMEs are vital to future economic development and growth.
It would also provide a route for qualified accountants and finance professionals to obtain a level 7 masters award in financial management. Qualified chartered accountants are likely to only have to complete the part 2 dissertation stage.
Professional Learning and Development Pathway
The MSc Financial Management (Professional Learning and Development) is designed for accountants who are currently in the education sector, or for recent graduates who are considering gaining employment in education or academia. This programme provides educators with the opportunity to develop their technical competencies in the field of financial management and to immerse themselves in current issues in the fields of accounting and financial management.
Its aim is to support students as they develop their ability in teaching and understanding of student learning and their ability to make judgements about their professional educational practice. It will allow students the opportunity to develop their technical competencies in the field of financial management and to immerse themselves in current issues in the fields of accounting and financial management. It will also enable students to develop their skills and knowledge of the processes of teaching and learning.
Core modules (compulsory)
Financial Management Strategic Management Contemporary Issues in Corporate Reporting Contemporary Issues in Performance Management Corporate Governance Options (Choose one)
Corporate Finance E-Business Strategy International Business Entrepreneurship Business Decision Making Banking Financial Management and Financial Markets PART II
Students are required to undertake an in-depth business research exercise. It is a vehicle for the integration of skills and knowledge learned during Part 1. It is a substantial piece of work carried out over a period of time, and students can follow their personal preference of subject specialisation.
All students attend a research methods workshop. Following the submission of a research proposal, they are allocated a supervising tutor with whom they will communicate regularly and who will support them throughout the process.
We encourage applications from individuals of all disciplines who currently hold degree and/or professional qualifications. We also encourage applications from individuals with professional, leadership and managerial experience who may be admitted onto a master’s programme at the discretion of the Programme Director.
Applicants must possess one or more of the following:
A recognised Honours degree or equivalent. A professional qualification. Applicants who do not meet the above criteria may be admitted to the course provided they have significant professional or managerial experience deemed appropriate for the programme. Applicants who have a relevant professional accounting qualification (e.g. ACCA, CIMA, ACA ) at credit level 7 may be admitted with exemption from modules in Part 1