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Finance

Programme Structure

2 Year MSc in Finance is a two-year course run in partnership with Grenoble Graduate School of Business (GGSB). GGSB is one of Europe's most prestigious business schools, triple accredited by AMBA , EQUIS and AACSB and ranked by the Economist and Business Week.

The course builds a strong foundation in the theory and practice of making financial decisions in an international environment, so it's ideal for students aiming to work at the senior levels in banking, financial services and corporate finance.

The 2 Year MSc in Finance has a total of 4 stages each reinforcing the previous stage, helping to refine and focus your learning. The first 3 stages are covered during the first year, followed by the 4th stage which is a Capstone Course, encompassing everything you've studied and preparing you to apply your learning in the Final Master's Project, the Professional Dissertation.

  • Company-based learning, internships and full-time work placements for MSc Finance studentsRead moreCollapse

    In line with London School of Business & Finance's ethos of offering students a career-focused innovative education, students on the 2 year MBA, MIB, and 2 Year MSc in Finance programmes from GGSB are now able to devote up to 50 per cent of their course to company-based learning, either in the form of a work placement or a full time paid internship.

    The company-based learning element of the degree will be assessed as a part of the students' academic requirements, allowing students to actively apply the knowledge and skills gained as a part of their studies in the work place. This unique offer enables students to combine real world insights with academic work.
    Students on these programmes will be able to devote six to 12 months of their course on an immersive company-based experience. Enhancing their understanding of real life business processes, it will also form an integral part of students' final management project.
    Students will be able to work with LSBF's Careers and Corporate Division, accessing LSBF's network of over 400 corporate clients and partners in search for the work placement of their choice – not just in the UK, but globally.

    One such partner is Grand City Hotels, one of Europe's largest Hotel operators, based out of Germany. As a part of LSBF's partnership with Grand City Hotels, the company would guarantee qualified LSBF students and graduates with at least 1,200 jobs with Grand City Hotels and Resorts, along with 375 Accelerated Management Training programmes – offering students a unique opportunity to establish themselves within the lucrative hospitality industry in Europe.

    Places on these highly sought-after programmes are strictly limited to 45 students in class.

    APPLY NOW

Duration Content
Stage 1 – Fundamentals of Finance 12 Months
  • Corporate Finance and Investment Decisions
  • Accounting and Financial Statements Analysis
  • Economics for Finance
  • Quantitative Methods for Finance
Stage 2—Mastering Financial Management
  • Mergers & Acquisitions and Company Valuation.
  • Management Control Systems
  • International Financial Management
  • Ethics, Professional Standards and Corporate Governance.
  • Audit and Risk Management
Stage 3—Advanced Finance
  • Advanced Financial Statements Analysis
  • Derivatives
  • Fixed Income Investments
  • Financial restructuring, LBOs and Venture Capital
  • Asset Management
Stage 4—Electives
  • Elective Module 1*
  • Elective Module 2*
Stage 5—Capstone Course 12 Months
  • Serious Game
  • Research Methodology and Dissertation Workshop

Electives

Choose One Elective Modules
London Campus
IT Tools for Market Finance
  1. Financial Modelling using VBA
  2. Bloomberg Trading
Grenoble Campus
Corporate Finance
  1. Cash Management & Bank Relations
  2. Strategic Performance Control
Islamic Finance
  1. Fundamentals of Islamic Finance
  2. Islamic Banking
  3. Islamic Capital Markets
Microfinance
  1. Principles of Microfinance
  2. Operational Management of a Micro Finance Institution
  3. Financial Management of a Micro Finance Institution

Stages

  • Stage 1 - Fundamentals of FinanceRead moreCollapse
    • The first stage of the programme will cover the basic knowledge and tools needed by financial professionals such as economics, quantitative methods, financial reporting and analysis, and fundamentals principles of corporate finance.
    Corporate Finance and Investment Decisions
    • The financing cycle of the firm
    • Discounting & compounding interest
    • NPV
    • Investment decisions: cash flows calculations and criteria (NPV, IRR)
    • Nature and types of equity and debt
    • Cost of equity : Gordon Shapiro, CAPM
    • Cost of debt (loans, bonds, leasing)
    • WACC
    • Financing decisions
    • Impact of financial structure on firm value, dividend policy
    Accounting and Financial Statements Analysis
    • Roles and basic principles of financial accounting
    • Overview of international accounting standards
    • Study of the four financial statements
    • Financial analysis — main ratios, assessment of performance in respect of profitability, capital structure, efficiency, and liquidity
    Quantitative Methods for Finance
    • Interaction of supply and demand
    • Basic concepts of macroeconomics
    • Organization of foreign exchange markets
    • Implications of globalization for financial markets
    • Business cycles theory, impact of credit cycles
    • Organization and consequences of European Monetary Union
    Economics for Finance
    • Introduction to descriptive statistics and to probabilities
    • Sampling and estimation
    • Statistical inference and hypothesis testing
    • Correlation analysis and linear regression
    • Multivariate regression
    • Time series analysis
  • Stage 2 - Mastering Financial ManagementRead moreCollapse
    • Building on the basic principles taught in stage 1, stage 2 covers advance corporate finance items (investment under uncertainty, valuation, international financial management) as well as related fields essential for financial managers such as management control systems, ethics and professional standards, and corporate governance.
    Mergers & Acquisitions and Company Valuation
    • Investment under uncertainty — breakeven analysis, sensitivity analysis, scenarios, decisions trees and real options
    • Company valuation techniques and their limitations — book value approach, multiples (comparable companies and transactions), discounted cash flows
    • Valuation of preferred stock and of convertible bonds
    Management Control Systems
    • Cost calculation and analysis
    • Budgeting and planning process
    • Internal reporting and balanced scorecard
    • Performance measurement
    International Financial Management
    • The international environment and foreign exchange markets
    • International capital markets
    • Foreign exchange risks
    • Transaction risk management
    • International investment
    • Hedging techniques
    Ethics, Professional Standards and Corporate Governance
    • Distinction between what is legally acceptable and morally correct
    • Codes of professional conduct in the financial sector
    • Sources and consequences of conflicts of interest between managers, stockholders and other stakeholders
    • Recommended professional practices in corporate governance
    • Main issues in corporate governance — role and organization of the board, management pay, transparency
    Audit and Risk Management
    • Auditing process and tools
    • Risk management systems (including fraud detection) in companies and banks
    • Internal business controls
  • Stage 3 - Advanced FinanceRead moreCollapse
    • Stage 3 aims to provide students with an understanding of the impact on financial analysis of complex topics such as deferred income taxes, balance sheet debt, leases and off-balance sheet debt, employee benefits, and business mergers or consolidation. The course content focuses on the following topics:
      • Derivatives
      • Fixed Income Investments
      • Financial restructuring, LBOs and Venture Capital.
      • Asset Management
      • Advanced Financial Statement Analysis
  • Stage 4 – ElectivesRead moreCollapse
    • Stage 4 allows you to tailor your 2 Year MSc in Finance by taking skill development courses designed to help you apply knowledge and skills to real-world situations. Market Finance is awarded in London, Europe's financial capital while Corporate Finance, Islamic Finance and Microfinance are available in Grenoble.
    1. Corporate Finance
      • Cash Management & Bank Relations
      • Strategic Performance Control
    2. IT Tools for Market Finance:
      • VBA for financial market modelling
      • Trading on the Bloomberg platform
    3. Islamic Finance
      • Sharia's principles and contracts
      • Principles underlying Islamic Banking
      • Portfolio Management specificities
    4. Micro Finance
      • History of Microfinance
      • Markets, Products, Regulations and main players of the microfinance industry.
      • Operational Management of a Microfinance Institution.
      • Financial Management of a Microfinance Institution
  • Stage 5 – Capstone CourseRead moreCollapse

    The Capstone is a financial strategy and interactive case study encompassing all the skills developed throughout the program. The objectives of the module are to improve, and test, the students' ability in the following areas:

    • To critically analyse the main strategic and technical aspects of an actual financial operation, such as a merger, takeover, LBO, IPO, etc
    • To make a written presentation of their analysis
    • To work in a multicultural group under a time constraint
    • To improve their cooperation, communication, negotiation, and leadership skills
  • DissertationRead moreCollapse

    The second year of the programme is devoted to completing the Professional Dissertation under the supervision of a GGSB tutor. The Management Research Methodology module offers a detailed framework of guidance for preparing the Dissertation and covers concepts such as research processes, types of research, research methodology, and sources of collection and the analysis of data.

    The dissertation is an opportunity to apply academic studies to a real-world business scenario, and students are encouraged to choose a dissertation subject that reflects their future career aspirations. The dissertation can be completed alongside an internship or permanent employment in the UK or abroad giving students the chance to combine practical work experience with the latter stages of their Master's degree.

The 2 Year MSc in Finance is designed to stay relevant to the modern international marketplace ensuring that you graduate with an up-to-date skill set that employers value. You can develop your professional skills further by combining the programme with a professional qualification under LSBF's unique Dual Programmes initiative.

To find out more about the career opportunities open to 2 Year MSc in Finance students visit the Career Direction page.

  • Develop specialist business knowledge and practical experience, giving you a competitive advantage in both your final year, and your future career.

  • Opportunity to devote up to 50 per cent of your course time to company-based learning, either in the form of a work placement or a full time job opportunity.

  • The company-based learning takes place in the 2nd year of studies, and is an assessed and compulsory part of the course

apply now
  • Undergraduate degree (2:2 minimum) or equivalent
  • English Proficiency*:
    • IELTS 6.5 – With at least 6.0 in all areas (or equivalent)
    • TOEFL – minimum score of 93 (internet-based), 240 (computer-based), or 587 (paper-based)
  • GMAT is not an obligatory requirement, but is considered an advantage and may be required for some applications. (Target score 550)

*Students who do not satisfy the fluency in English requirement can apply for the LSBF School of English Postgraduate Preparation Programme.

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Next Intake

  • October 2012

Campuses available

  • London

Duration

  • Full Time (24 Months)

Study Modes:

Campus

Fees

Click here for the latest fees.

Click here for the 2012 Bursaries and Scholarships

Application

To apply for this programme or for further information –
Call: + 44 (0)207 823 2303.

apply now
Call us today

To speak to an Advisor, call us.

London:
+44 (0) 207 823 2303

Birmingham:
+44 (0) 121 616 3370

Manchester:
+44 (0) 161 713 1777

Study online with InterActive:
+44 (0) 207 099 0077

Apply now
Bursaries and Scholarships
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Postgraduate Open Day

"LSBF's primary strength is their faculty and quality of lecturers. There is both a Student Services & Careers Support departments, which help us prepare for the job market."

Chrizelle Borja,
Philippines.
MSc in Marketing &
Public Relations.

"I chose London because it's the financial hub of the world and provides unique opportunities. I chose LSBF because of its state of the art facilities and excellent faculty. The faculty here are gurus in their respective fields."

Sarmad Sohail,
Pakistan.
LSBF student.