This is a generalist finance degree that is suitable for postgraduate students who want to pursue a career that lies broadly within the financial sector. The programme is fully focused on a wide range of applied and theoretical topics that prepare graduates for important employment opportunities in finance.
Master Programs in Finance in the Dundee United Kingdom. This is a generalist finance degree that is suitable for postgraduate students who want to pursue a career that lies broadly within the financial sector. The programme is fully focused on a wide range of applied and theoretical topics that prepare graduates for important employment opportunities in finance.
The MFin International Finance programme benefits from our considerable strength in finance where staff from applied and theoretical finance disciplines have been brought together in the same School.
The MFin International Finance programme is a ‘skills’ based finance degree that contains 8 finance modules and a short focused finance based business report. The structure of the report has been developed following feedback from employers who indicate that they prefer graduates who are able to write concisely, accurately and clearly in a focused report rather than write in the style of a lengthy and less focused dissertation.
The programme begins with a two week foundation programme where students become familiar with a range of concepts in business statistics, economics and finance. The programme helps students to understand how the University operates and how to make the most of the range of student services that are freely available. The foundation programme importantly introduces you to your fellow students who will become a major part of your learning experience at Dundee and will continue to be part of your network of friends and business connections after you graduate.
Off-Campus Learning Events: The programme includes off campus learning events embedded in the modules of some of the modules. These events aim to extend your leaning skills in ways that are directly relevant to the pathway and your personal development. These off campus events are one or two days in length and the cost of the transport, event and any necessary accommodation is covered by the MSc programme. At present there are off campus events embedded in the finance and banking pathways. More off campus events are being arranged and further events are being developed to begin this year.
Urban Experience Event: The MSc programme places considerable importance on ‘team building’ and understanding the role that international and domestic cultural variation plays in the workings of firms, and product and employment markets. These issues are addressed through a unique ‘Urban Experience’ event that helps team building and the development of learning skills. Business themes are also explored in the event.
Distinguished Visitor Series: A feature of the programme is the Distinguished Visitor and Enterprise Gym Lecture Series. Distinguished practitioners in the field are invited to the University to hold seminars highlighting critical aspects of business, finance, banking, management, marketing and human resource management. It offers students a unique opportunity to meet with business leaders and explore current issues with them.
Internships in China
Enhance your employability with graduate internship opportunities.
Finance focussed business report
The structure of the report has been developed following feedback from employers who indicate that they prefer graduates who are able to write concisely, accurately and clearly in a focused report rather than write in the style of a lengthy and less focused dissertation.
The programme is focused clearly on the applied and theoretical aspects of finance so as to develop you for a career in the finance sector. The inclusion of a shorter finance report allows the programme to expand the opportunity for you to undertake more skills based modules that will improve your career prospects.
In the modern world finance takes an ever increasing role in business, development and the economy. The MFin International Finance programme provides you with the skills and training to play an important role in the finance sector and to develop a career in finance. To achieve this the programme provides you with the right mix of applied and theoretical skills to both understand the issues facing firms and how to deal with these issues.
This course is developed for students who have completed their undergraduate study and are now looking to develop their finance related skills so as to pursue a successful career in the finance sector.
We provide a fresh approach to International Finance that is suitable if you have studied economics, business management or accountancy before or if you are new to the subject. Around half of the students on the programme have a business background while the rest of the students come from a very wide range of non-business backgrounds. The programme has been designed with these students with non-business backgrounds in mind while still challenging students whose first degree has been a business related subject.
What You'll Study
How you will be taught
Teaching focuses on the applied and real world aspects of finance. The programme is delivered mostly within a framework of lectures, workshops and tutorials although other methods of teaching are offered on modules when they aid in understanding and learning.
How you will be assessed
Module content is assessed through a combination of coursework, quizzes, and end of module exams. The weighting on the coursework component varies depending on the content of the module but may account for as much as 40-50% of the overall degree.
The compulsory modules on the programme are:
Foundation Economics and Statistics for Business #
The module is taught intensively in the first two weeks of the Programme. Students joining the programme have a wide range of academic and professional backgrounds and the module aims to provide each student with the basic knowledge and skills required for the main components of the programme. The module includes a selection of key concepts and tools in microeconomics, macroeconomics, finance and statistics: demand and supply; elasticities; costs, revenue and market structures; GDP, monetary and fiscal policy; basic mathematics for business; description of data – graphical, tabular and descriptive statistics; data collection and sampling; index numbers; distributions, correlation and hypothesis testing.
Global Financial Markets
This module will increase your knowledge and develop understanding of the behaviour of financial agents and the workings of global financial markets within the framework of modern finance theory. Topics that you will cover are the time value of money and discounted cash flow analysis, theories of the yield curve and bond valuation, risk-return trade-off and mean-variance portfolio theory, Capital Asset Pricing Model and the Efficient Market Hypothesis, alternative approaches to stock valuation and financial ratio analysis, influence of corporate dividend policy and capital structure on stock pricing, functions of futures exchanges and the valuation of financial and commodity futures, and the properties and valuation of option contracts.
International Business Finance
You will examine the fundamental concepts and some important empirical aspects of international trade, finance and investment. It introduces the tools and techniques for asset pricing and capital budgeting, provides an overview of financial risk assessment, develops an understanding of the balance of payments and analyses the operation of the foreign exchange market and the determination of exchange rates. Topics you will cover include compounding, discounting and discounted cash flow analysis, the valuation of stocks and bonds in financial markets, a variety of tools and techniques for capital investment decisions, the measurement of risk and the role of risk in asset pricing and financial decision-making, the balance of payments and the influence of macroeconomic factors on trade, the operation of currency markets and theories of exchange rate determination, the application of economic principles and reasoning to a variety of applied and topical aspects of international finance and investment.
Derivatives and Risk Management
The module will broaden your knowledge and understanding of the quantitative theory of financial risk, and how that risk can be managed by financial derivatives, develop critical reasoning skills in the context of financial derivatives and financial risk management, equip you with the practical skills to apply most appropriate financial derivatives to managing and hedging the financial markets volatility. When you finish the module you will be able to explain (i) the sources of financial markets risk, (ii) the key characteristics of various derivative products; (iii) the use of these products as risk management tools and understand the implications of hedging via risk-neutral replication and construct hedge portfolios, and understand pricing and hedging principles of a range of derivatives. You will also be able to use derivatives to design hedging and risk management strategies for consumers and market participants as well as evaluate the alternative risk management techniques and their associated issues available for investment and hedging.
Global Risk Analysis
This module provides you with the necessary analytical skills to understand the global environment within which businesses and managers operate and enable you to evaluate and manage the risks involved in international business in order to make sound financing and investment decisions. You will develop a knowledge and understanding of foreign exchange and eurocurrency markets, models of foreign exchange rate determination and financial products that manage currency risk, models of interest rate determination and financial products that manage interest rate risk, the practical uses of international capital markets for managing risk, the international economic and political environment in which multinational companies operate, the risks of foreign direct and foreign portfolio investment, practical perspectives of risk, and techniques for assessing the risk of capital and financial investments.
Current Issues in Banking and Finance
This module provides you with an extensive, detailed and critical knowledge and understanding of contemporary issues in the banking industry and in financial markets. You will also achieve an understanding of the role of banks as financial intermediaries, the role of banks in the international money, credit and bond markets, the impact of international factors on banks, the regulatory environment in which banks operate, the risks faced by banks and how to mitigate these risks, and the latest trends in innovation and technology in banking.
Emerging Financial Markets and Investment
You will be introduced to the main financial issues confronting developing countries. In particular you will examine current issues in emerging market finance as well as the suitability of mainstream finance theory for emerging financial markets. You will acquire the knowledge and understanding of how emerging stock markets have evolved, international portfolio diversification, the efficiency of emerging capital markets, predicting financial crises, stock market interdependence and stock market listing behavior.
Applied Business Statistics
The module introduces you to a variety of statistical methods useful for decision making and to provide students with the quantitative skills required to use data and information to inform decisions in business and finance. The module provides an introduction to probability theory, estimation and statistical inference and regression analysis. On completion of the module you will be able to apply standard methods of statistical analysis, interpret the results of stochastic models and discuss these models’ more general applications.
Optional Modules: Choose one of either:
Forecasting for Business and Finance
This module is taught intensively in the second five weeks of the semester after Applied Business Statistics. You are provided with the quantitative skills required to forecast future values of business and financial data. This module enables You to access and use a variety of forecasting procedures and provide them with the skills necessary to assess their reliability. You will compare forecasting methods and discuss their uses and limitations.
Econometrics for Finance*
The module provides you with an intuitive grasp of the theoretical concepts and basic skills required to estimate and interpret economic models. In particular, the module equips you with the knowledge and skills required to apply statistical techniques to problems in finance by (i) translating theoretical models into an empirically implementable form; (ii) analysing statistical data; and (iii) interpreting econometric results. The module also provides you with an overview of the empirical methods used by financial academics and professionals in the analysis of financial asset prices.
* Requires prior knowledge of econometrics.
- not included for the purpose of degree classification.
Students will also complete in the summer term:
International Finance Project
This module enables students to acquire the skills to produce an international finance report. The report is short with the aim to make you write concisely and provide clear and focused analysis of a topic or issue in a way that will influence and guide managers and decision makers.
The MFin International Finance programme prepares you for a successful career in the financial sector. You will develop the skills and understanding to work in a range of operations in a variety of businesses such as banks, insurance companies, financial service companies, trading brokers. Working in the finance arms of industries and commercial firms outside of the finance sector is also possible.