Programme Specification and Curriculum Map for MSc Financial Management

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Nov 10, 2013 (3 years and 7 months ago)

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MSc Financial Management 2009/2010

1


Programme Specif
ication and Curriculum Map
for MSc

Financial
Management








1. Programme title

Financial Management

2. Awarding institution

Middlesex University

3. Teaching institution

Middlesex University

4. Programme accredited by

N/A

5. Fin
al qualification

PGDip

MSc

6. Academic year

2009
-
20
10


7. Language of study

English

8. Mode of study

F
ull Time
/P
art
T
ime


9. Criteria for admission to the Programme

Applicants must either:



hold a UK or recognised overseas Bachelor’s

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獴慮摡rd) or 慣捥ct慢l攠敱畩v慬敮t, or



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10. Aims of the programme

The programme aims to:



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vi摥 獴畤敮ts wit栠h桥 k湯wl敤g攠慮搠ekill猠t漠敱畩瀠t桥m for 愠捡r敥r i渠愠摩v敲獥e
r慮g攠ef 扵獩湥獳 潲g慮i獡瑩s湳n



develop students’ competence to apply a range of financial and accounting skills to the
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摥v敬潰 t桥 捲iti
捡c 慮d a湡lyti捡c 慢iliti敳f st畤e湴猠i渠r敬慴楯渠t漠fi湡湣n慬
m慮ag敭敮t,



摥v敬潰 捲iti捡c, 慮慬yti捡c 慮搠灲潢lem
-
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灲数慲p 獴畤敮ts for 杲g摵慴攠em灬潹m敮t, 慮d



enhance the development of the students’ s
kill献

MSc Financial Management 2009/2010

2



11. Programme outcomes

A. Knowledge and understanding

On completion of this programme the
successful student will have knowledge
and understanding of:

A1

c
urrent developments and topical
issues in the practice of financial
management
;

A2

t
heoretical
and conceptual grounding in
finance and its latest development
;

A3

c
ritical analysis and evaluation of
financial situations taking into account
the relevant quantitative and qualitative
issues
;

A4

r
esearch methods and techniques
.


a.

For the award of PGDip, A
1, A2 and A3 are
met.

Teaching/learning methods

Modules are delivered through a series of
lectures to impart knowledge and set the
boundaries of syllabus. In addition
workshops and seminars are used to
discuss current issues and theoretical
concepts. Tex
tbooks, journal articles and
other relevant materials are recommended
to them. In addition, students learn through
solving exercises and case studies.


Assessment Method

Students’ knowledge and understanding is
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m整桯摳K r
湳n敮 數慭楮慴楯測n敳獡s 慮搠
r数潲t writi湧 灬畳⁣慳u st畤i敳⁴o
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of Aㄬ A㈬ 慮d A㌮3 A r敳敡r捨⁰r潰潳ol t漠
t敳e A㐮 T桥獥 慳獥s獭敮t m整桯摳 慬l潷
f潲m慴楶攠f敥摢慣欠t漠ot畤敮t献

B. Cognitive (thinking) skills
b

On

completion of this programme the
successful student will be able to:

B1

c
ritically analyse and interpret financia
l
and non
-
financial information;

B2

c
ritique the relevant and complex
theories and issues in the field of
financial management
;

B3

a
pply the r
elevant theories and/or
theoretical models to practical
problems and situations and present
informed arguments on strengths and
weaknesses of the theories and
theoretical models used
;

B4

i
dentify and develop an area of
research in topical issues in finance

B5

m
odel the major areas of financial
decision making use of quantitative
information.

b.

For the award of PGDip, B1, B2, B3 and B5
are met.

Teaching/learning methods

Students are assisted through workshop
exercises for B1 & B5. One to one
supervision is gi
ven for B4. These
teaching methods provide the opportunity
for formative feedback.


Assessment method

Students’ cognitive skills are assessed by:

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r数潲t
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fi湤ings to form 潰i湩潮猠慮搠dake
摥捩獩潮献

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r敳e慲捨 灲潰p獡s 慮搠dr潤畣瑩u渠nf a
摩獳敲sati潮K

MSc Financial Management 2009/2010

3



C. Practical skills

On completion of the programme the
successful student will be

able to:

C1

r
etrieve financial and non
-
financial
information from a range of different
sources

including electronic
databases;

C2

a
pply the results of financial and non
-
fina
ncial analysis;

C3

c
alculate the future returns of different
proposed projects as
part of the
decision making process.


Teaching/learning methods

C1 is developed through labs and library
research. Workshops and coursework are
used to develop C2 and C3 skills.


Assessment method

Students’ practical skills are assessed by
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i獳srtati潮
c
.


c. For the award of PGDip, the skills are
assessed in the coursework only.


12. Programme structure

12. 1 Overall structure of the programme

This programme is delivered over a period of 12 months. Students have to
successfully complete
a total of 4 taught modules including 3 compulsory modules
and 1 optional module. Students are also required to attend lectures and computer
labs for the dissertation module in Autumn and Spring terms and are expected to
complete their dissertation over t
he summer period.


MSc Financial Management 2009/2010

4



12.2 Levels and modules


Level 4

COMPULSORY
1

OPTIONAL

2

PROGRESSION
REQUIREMENTS

Students must take all of
the following:


FIN4501*

Financial Reporting

FIN4503*

Strategic Management
Accounting

FIN4505*

Corporate Finance

FIN451
1

Dissertation (60 credits)


* (30 credits)


Students must also choose
ONE from the fo
llowing 30
credit modules:


FIN4507 Corporate
Governance and Corporate
Accountability

FIN4509 Financial
Management for the Small
Business

HRM4330 Employment
Systems in th
e Global
Economy

HRM4370 Globalisation and
Work

MGT4111 Management
Concepts: Theory and
Practice

STX4300 Quantitative Data
Analysis




12.3 Non
-
compensatable modules.

Module level

Module code

N/A



13. A curriculum map relating learning outcomes to m
odules

See Curriculum Map
attached


14. Information about assessment regulations

University and School Assessment Regulation apply to this programme. There are no
exemptions to the regulations.


15. Placement Opportunities, Requirements and Support (
if applicable)

N/A





1

Compulsory modules are those that must be taken, that is, the qualification cannot be made unless these modules have
been successfully completed. Each of these modules makes a unique contribution to the learning objectives of the
programme.

2

Optional mo
dules are those from which a specified minimum number must be taken, that is, the qualification cannot be given
unless these specified minimum numbers of optional modules have been successfully completed. Each of the possible
combinations of optional modu
les will make a similarly unique

contributi
on to the achievement of the learning objectives of the
programme.

MSc Financial Management 2009/2010

5



1
6
. Future careers

A representative from the Career Advisory Service is invited to speak to students
during their induction programme week. This allows students to become more familiar
with the services that are offered by the Care
er Advisory Unit of the Business School.


17
. Particular support for learning

English Language Support, ILRS Facilities, Programme Handbook and Module
Handbook, Programme Induction, Access to Student Counsellors, student e
-
mail and
internet access.


1
8
. JACS code (or other relevant
coding system)

N340

1
9
. Relevant QAA subject benchmark
group(s)

Benchmark statement for Business and
Management


20
. Reference points



QAA Guidelines for programme specifications



QAA Qualifications Framework



Middlesex Unive
rsity Regulations



Middlesex University Learning Framework


Programme Design Guidance, 2007



Middlesex University Business School Teaching, Learning and Assessment
Strategy



Business and Management subject Benchmark


2
1
. Other information

Methods for eval
uating and improving the quality and standards of learning are:
-

External Examiner Reports, Annual Monitoring reports, Board of Study, Module
Evaluation and Report, Peer Teaching Observations, Student Evaluation, Validation
and Review Panels, Review of Aca
demic Provision, QAA Academic Review. See
procedures handbook
http://mubsweb.mdx.ac.uk/www/curriculum/quality/qualdocs.htm

or further information on how these procedures continue t
o provide ongoing quality
assurance and enhancement


Please note: this specification provides a concise summary of the main features of the
programme and the learning outcomes that a typical student might reasonably be expected
to achieve if s/he takes fu
ll advantage of the learning opportunities that are provided. More
detailed information can be found in the student programme handbook and the University
Regulations.


MSc Financial Management 2009/2010

6


Curriculum map for MSc
/
PG Dip

Financial Management


This section shows the highest leve
l at which programme outcomes are to be achieved by all graduates, and maps programme
learning outcomes against the modules in which they are assessed.




Module Title

Module Code

Programme Outcomes

A1

A2

A3

A4

B1

B2

B3

B4

B5

C1

C2

C3

Core Modules

Fin
ancial Reporting

FIN4501




















Strategic Management Accounting

FIN4503





















Corporate Finance

FIN4505





















Optional Modules

Corporate Governance and Corporate Accountability

FIN4507




















Financi
al Management for the Small Business

FIN4509























Employment Systems in the Global Economy

HRM4330














Globalisation and Work

HRM4370














Statistical
data analysis

STX4300


















Management Concepts: Theory
and Practice

MGT4111
















Dissertation

FIN4511


























Note
: * Depends on the chosen topic. † Only the results of non
-
financial analysis will be used in FIN4507.







MSc Financial Management 2009/2010

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Programme learning outcomes



Knowledge and understanding

Practical skills

A1

Current developments and topical issues in the practice
of financial management.

C1

Retrieve financial and non
-
financial information from a range
of different sources including electronic databases

A2

Theoretical and conceptual ground
ing in finance.

C2

Apply the results of financial and non
-
financial analysis

A3

Critical analysis and evaluation of financial situations
taking into account the relevant quantitative and
qualitative issues

C3

Calculate the future returns of different prop
osed projects as
part of the decision making process

A4

Research methods and techniques



Cognitive skills

Graduate Skills

B1

Critically analyse and interpret financial and non
-
financial
information.



B2

Critique the relevant and complex theories and
issues in
the field of financial management



B3

Apply the relevant theories and/or theoretical models to
practical problems and situations, and present informed
arguments on strengths and weaknesses of the theories
and/or theoretical models used.



B4

I
dentify and develop an area of research in topical issues
in finance.



B5

Model the major areas of financial decision making use of
quantitative information.





MSc Financial Management 2009/2010

8


Programme Structure

FULL
-
TIME

N
ON
-
S
PECIALIST
F
INANCE

Module Code: Module Title

Coursewor
k


%

Examination
%

Core modules

FIN4501: Financial Reporting

50

50

FIN4503: Strategic Management Accounting

50

50

FIN4505: Corporate Finance

50

50

One module to be chosen from the following list:

FIN4507: Corporate Governance and Corporate Accountabi
lity

100


FIN4509: Financial Management for the Small Business

100


HRM 4330: Employment Systems in the Global Economy

50

50

HRM 4370: Globalisation and Work

50

50

STX4300: Statistical data analysis

60

40

MGT4111: Management Concepts: Theory and Pract
ice

100


Dissertation



FIN4511: Dissertation module (60 credit points).

Lectures and computer labs will be delivered in
the
Autumn and Spring terms. The taught
materials in term 1 and term 2 will be assessed using two coursework assignments, each
carryi
ng 10%. In addition to these, students are required to submit a 2,000
-
word proposal
document in term 2. This proposal has a weighting of 10%. The remaining 70% will be
assigned to the final dissertation which should be completed by the end of the summer pe
riod.

PART
-
TIME

Year One

Module Code: Module Title

Coursework
%

Examination
%

FIN4501: Financial Reporting

50

50

FIN4503: Strategic Management Accounting

50

50

FIN4505: Corporate Finance

50

50

Year Two

One module to be chosen from the following li
st:

Designated modules:

FIN4507: Corporate Governance and Corporate Accountability

100


FIN4509: Financial Management for the Small Business

100


HRM 4330: Employment Systems in the Global Economy

50

50

HRM 4370: Globalisation and Work

50

50

STX4310:

Statistical data analysis

60

40

MGT4111: Management Concepts: Theory and Practice

100


MGT4124: Managing Projects

40

60

Dissertation



FIN4511: Dissertation module (60 credit points).

Lectures and computer labs will be delivered in the Autumn and Spri
ng terms. The taught
materials in term 1 and term 2 will be assessed using two coursework assignments, each
carrying 10%. In addition to these, students are required to submit a 2,000
-
word proposal
document in term. This proposal has a weighting of 10%.

The remaining 70% will be assigned
to the final dissertation which should be completed by the end of the summer period.