Corporate Finance MSc

Compulsory modules:

• Corporate Finance and Valuation

  • 15 credits
  • 3 hours per week in lectures
  • 12 hours per week self directed study

  The aim of this course is to introduce you to the field of corporate finance.

  This is achieved by familiarising you with the core theoretical principles, and equipping you with the basic and most commonly used practical finance tools.

  The material covered in this course is crucial for professional work in the area of corporate finance as well as for further study of more advanced or specialised corporate finance-related courses. It is relevant for financial officers, economists, investment bankers, analysts, and other decision makers.

  The course is designed around several overarching principles such as the time value of money, market efficiency, and the goal of value maximisation.

  The teaching material puts significant emphasis on relevant theories and their practical applications, and is informed by the pertinent academic research and examples from the corporate world from around the globe.

• Financial Markets and Securities

  • 15 credits
  • 3 hours per week in lectures
  • 12 hours per week self directed study

  The aim of this course is to equip students with critical understanding of the principles and practices of accounting, characteristics and limitations of accounting data.
  
  Students will learn how to prepare and interpret financial statements, to apply and comment on accounting policies and to use accounting information to assess financial performance of the business.

  The course will make it possible for you to:

  • Prepare and interpret financial statements
  • Comment on accounting policies and discuss their implications for the financial performance of the business
  • Use accounting information to assess the financial situation of a company.

• Data Analysis for Finance

  • 15 credits
  • 3 hours per week in lectures
  • 12 hours per week self directed study

  This module is designed to give you knowledge of quantitative methods that can be effectively used to analyse financial data. Although some theory is needed to understand the methods, the emphasis is on a hands-on approach to provide you/students with practical skills.

  The module puts emphasis on the foundations of hypothesis testing and estimation of econometric models that can be used for prediction and pricing.

• Financial Reporting.

  • 15 credits
  • 3 hours per week in lectures
  • 12 hours per week self directed study

  The course will make it possible for you to:

  The module gives you an understanding of the principles and practices of accounting, the characteristics and limitations of accounting data.

  You will be able:

  • to prepare and interpret financial statements
  • to comment on accounting policies and to discuss its implication for the financial performance of the business
  • to use accounting information to assess the financial situation of a company.

Compulsory modules:

• Advanced Corporate Finance

  • 15 credits
  • 3 hours per week in lectures
  • 12 hours per week self directed study

  The aim of this course is to develop an understanding of modern corporate finance so that the corporate manager, the investment banker and the financial analyst will have the conceptual foundations for making informed corporate assessments of key financial decisions.

  This course provides students with an in-depth knowledge of corporate finance, complemented with cases and discussions of real life examples.

• Corporate Risk Management

  • 15 credits
  • 3 hours per week in lectures
  • 12 hours per week self directed study

  The module will make it possible for you to acquire an understanding of the principal objectives and constraints of corporate risk management.

  The aim of this module is to provide you with an understanding of the multinational corporation, the global risk management markets and the use of derivatives and other hedges to mitigate risk exposures.

• Financial Statement Analysis

  • 15 credits
  • 3 hours per week in lectures
  • 12 hours per week self directed study

  The ability to understand and analyse financial statement information is a key skill in a wide range of business activities, from managing a corporation to investing in securities.

  This module leverages many materials from bulge bracket and boutique investment banks to showcase how various techniques covered in the module are used by professionals from the Wall Street, providing students with hands-on experience in analysing and interpreting financial information disclosed by firms listed on major stock exchanges.

• Topics in Mergers and Acquisitions.

  • 15 credits
  • 3 hours per week in lectures
  • 12 hours per week self directed study

  Students will learn how companies use M&A transactions to implement their strategic plans and how such transactions are structured and analysed.
  
  Emphasis is given to applied financial analysis, case studies are used throughout the module and lectures are complemented by guest presentations given by M&A practitioners.

You may choose from these two options in your final term.

• Five elective modules plus Career Management Skills and Research Methods
• Three elective modules plus a General Research Project.

• General Research Project

  This module will help you integrate your learning across a range of skills and in particular to enable you to demonstrate the results of your learning through the development of a final project. You may choose to complete more traditional academic desk research, complete a business plan or carry out a consultancy project and any reasonable proposal is acceptable providing that it is agreed with the project supervisor and the course director

• Career Management Skills and Research Methods

  Supporting your wider learning and career success through the development of key transferrable skills and attributes that you will use both in your programme and across your career. In particular: research and analysis, career planning and employability skills development, and sustainable working.

  Develop a grounding in research methods, targeted to your particular degree requirements. You will be able to use these skills to support your learning, substantiate your arguments and make assessments about the nature of the evidence you are using.

  Career and employability skills development, delivered in a highly targeted and applied format throughout the year, will help you develop your aspirations, take a planned and efficient approach to your job search and / or entrepreneurial plans, and help you create a strong base from which to manage your career in the longer term. The content of this module will also help you understand how to apply your learning in the wider context of your career.

Electives offered in 2023

• Advanced Company Valuation
• Corporate Restructuring
• Ethics, Society and the Finance Sector
• Hedge Funds
• Intro to Python
• Private Equity Investment
• Technical Analysis and Trading Systems
• VBA with Application for Finance.

International electives

• FinTech (taught in Italy)
• Investment Strategy (taught in New York, USA)
• Project Finance and Infrastructure Investment (taught in Madrid, Spain).

More about elective modules at Bayes

Please note that electives are subject to change and availability