Gain a comprehensive framework of knowledge, insight and vision regarding the key issues in financial management and international business. The MSc in Finance (Finance and Management) pathway develops your cognitive, critical, intellectual and research skills, plus relevant personal and interpersonal skills to interact in the real world of business and finance.
A good honours degree (minimum 2:2) from the UK or an equivalent internationally recognised qualification in a business, management or marketing related discipline.
All applicants are considered on an individual basis and additional qualifications, professional qualifications and relevant experience may also be taken into account when considering applications.
Please see our International Student website for entry requirements by country and other relevant information. Please note that international fee-paying students cannot undertake a part-time programme due to visa restrictions.
The University requires all non-native speakers of English to reach a minimum standard of proficiency in written and spoken English before beginning a postgraduate degree. Certain subjects require a higher level.
For detailed information see our English language requirements web pages.
Please note that if you are required to meet an English language condition, we offer a number of pre-sessional courses in English for Academic Purposes through Kent International Pathways.
Duration: 1 year full-time
This programme provides the training required for the Bloomberg Certificate. You will have opportunities for practical work to be carried out in the Business School’s dedicated Bloomberg Lab. The virtual trading platform allows you to access and engage with market data through practical case studies and the use of online databases.
In addition, you will be invited to take part in a programme-wide case competition, which will comprise a company analysis and will be judged by experts from the industry.
The course structure below provides a sample of the modules available for this programme. Most programmes require you to study a combination of compulsory and optional modules. You may also have the option to take ‘wild’ modules from other programmes offered by the University in order that you may explore other subject areas of interest to you or that may further enhance your employability.
The following modules are offered to our current students. This listing is based on the current curriculum and may change year to year in response to new curriculum developments and innovation:
Topics covered by the module are:
The Risk-Return Relationship
The Arbitrage Pricing Theory
Multifactor Asset Pricing Models
Mergers and Acquisitions
This module will cover the following topics:
• Investment appraisal techniques and decisions
• Stock market efficiency – capital market behaviour
• Portfolio theory
• The Capital Asset Pricing Model
• Sources of finance
• Capital Structure
Business failures in the global financial sector, and the subsequent repercussions for a range of different groups, not just shareholders, have put the spotlight on the role of business and the behaviour of managers. Is business just responsible for maximising profit for its owners, or does it have responsibilities to other groups? This raises a number of difficult questions; which groups? responsible for what? And if so, how to discharge these responsibilities?
The Globalisation and Corporate Responsibility module has three main aims:
• To develop critical thought, insight and debate regarding the changing role of business in today's society.
• To broaden your views on the role of business in society.
• To provide you with the tools, skills and knowledge to manage responsibly.
The nature of the topic is constantly changing and evolving; therefore the module will be
subject to continual refinement according to developments in industry, government and academia. Specific issues to be covered will include:
• Definitions of Corporate Responsibility
• The Role of Business and Society
• Theories of Corporate Responsibility
• Ethics Theory
• Business Ethics and Corporate Governance
• Areas of Corporate Responsibility
• Firm Level Responses
• Social Accounting
• Criticisms of Corporate Responsibility
• Social Entrepreneurship
- Financial markets and their role for economic activity
- Historical overview of financial markets
- Financial markets in US, UK, Europe and Japan
- Emerging financial markets (BRICS)
- Alternative Investments
- Credit Markets
- Asset Backed Securities and securitization
- Energy markets (oil, gas, CO2, weather, electricity)
- Exchange rate markets
This module develops the necessary knowledge and skills for students to be able to successfully complete a business report/dissertation proposal. Topics are:
- Choosing a company for analysis/ the finance topic of interest
- Identifying suitable finance issues relevant to the chosen company
- Searching and reviewing the literature and Bloomberg
- Choosing suitable methods and approaches for analysing the chosen company
- Preparing the business report/dissertation proposal
- Structuring the business report/dissertation
- Introduction to OB and HRM
- Strategic HRM
- Performance Management
- Strategic Recruitment and Selection
- Diversity and Equal Opportunity in the Workplace
- Organisational Culture and International HRM
- Reward Management
- Learning and Training at Work
The aims of the module are to:
- Develop an appreciation of the complexity and diversity associated with doing business internationally.
- Provide an overview of the major theories and concepts which have been developed by academics and practitioners in order to understand the international business
- Offer some practical solutions to the problems faced by the international business community.
- Derive insights which will enable students to effectively play part in managing resources across national boundaries within their organisation, at present or in the
Business in an International Perspective is an exploration of an area that is highly topical within the practice of management and scholarly research. The chances are high indeed that, at some time during their career, today's MSc graduates will work for an international organisation, an international market research company or a multinational enterprise. The notion of purely domestic organisation is becoming more and more difficult to substantiate. The module adopts an analytical and critical perspective to the somewhat prescriptive literature which is associated with this contentious problem area.
The topics addressed in this module will include:
- International business and international trade theory
- Cultural factors and their impact on business, including human resource management
- Risk analysis, country risk and the consequences for trade and investment
- Government-business relations and market regulation
- International organisations and international business: GATT/WTO and multilateral trade issues
- The world financial environment and the multinational finance function: foreign exchange markets, business implications of exchange rate changes
- Corporate social responsibility and the impact of international business on various stakeholders
This module aims to develop the ability to analyse financial crises and bank regulation, examining the roots, consequences and remedies for the financial crises with the special emphasis on the current global financial crisis. The module also aims to understand the complexity of the financial crisis and the role of bank regulation.
The module will cover topics including the Financial Crisis, banking supervision and regulation, the Basle Accord, banking failures, rating agencies and Financial Crisis, the role of international financial institutions.
The strategy module has two main learning components:
- Acquiring theory and concepts in strategy and strategic management.
- Application of theory and concepts to the analysis of organisations.
The aim is to critically examine and provide insights into the practice and process of strategic management within a variety of private and public sector organisations.
What actions can employees pursue in order to attain superior performance for their organisation relative to their competitors? This course is designed to allow students to develop their skills of strategic analysis and their ability to think about the selection and implementation of appropriate strategies in different industry contexts and in different types and styles of organisations, including non-profit and public sector organisations.
- What is Strategy, and Why is it Important?
- The Context of Strategy
- Competitive Strategy and Strategic Choices
- Resource Based Strategy
- Managing Strategic Change
- Corporate Social Responsibility
- Strategy in the Food sector
The module provides an understanding of the ethics of cultural, economic, organisational and regulatory issues that arise in an international setting and of the diverse range of methods employed for ethical decision-making by multinational enterprises. Indicative topics are as follows:
- Ethical theories, limitations of ethical theories
- Ethics of self, national and global interest
- Cultural context based ethics
- Ethics of financial and taxation decision making
- Moral imperatives for global financial decisions
- Corporate social responsibility
- UN global compact principles in relation to human rights
Introduction of default risk concept and credit risk-related securities.
Credit rankings (internal and external rating) and the role of credit rating agencies, credit migration.
Default prediction and credit scoring models.
Credit risk portfolio models (risk-adjusted performance, stress-testing portfolio losses).
Corporate bonds and yield spreads.
Default risk pricing models (structural models and reduced-form models).
Market default models: (CreditRisk+, Credit Metrics™, KMV model).
Credit derivatives and credit risks of derivatives.
This module assumes basic knowledge and understanding of risk-return relationship, portfolio theory, and CAPM. It considers the investment and portfolio management decision in more detail by first examining the asset allocation decision and investments in a global context. It then attempts to evaluate different types of securities (bonds and stocks) in which investments can be made using a three-step top-down approach consisting of macro- and micro-market analysis, industry analysis and finally, company analysis. It then critically examines different equity portfolio management and performance evaluation strategies.
Understanding the Multinational Enterprise (MNE) and Foreign Direct Investment (FDI) is a key issue in economic theory and business. Since the emergence of the contemporary MNE at the end of the 19th century, changes in the macroeconomic and microeconomic environment, forced multinationals to change as a response to the rise of new technologies and products, the wider international division of labour and of course the greater integration of production, services, and – financial and other – markets. This changing process became more intense after the 1960s when U.S. and Japanese MNEs emerged as basic players in the international chessboard. Accompanied by the traditional European MNEs formed a triad that still dominates FDI in the world.
The changing geography of international production and investment reflects the dynamic interaction of many economic, organizational and policy factors. While many of these factors have long been relevant, their combination today represents the new forces influencing MNEs' location decisions. A simplistic approach of FDI towards location would not be appropriate to allow us to understand the complexity of international investments decisions. What is needed is a multidisciplinary approach of the phenomenon. It is the aim of this module to offer this multidisciplinary approach to students.
By applying appropriate research methods, students employ relevant finance techniques to evaluate a chosen company. Analysis about the company’s financial practices and performance is then drawn together and presented in a report format.
The programme involves a taught and a project component. The taught programme is assessed by a mixture of coursework assignments throughout the year, and by examinations in May and June. Once these are completed, you work full time on the Business Report in Finance.
This programme aims to:
You gain the following knowledge and understanding
You gain the following intellectual skills:
You gain the following subject-specific skills:
You gain the following transferable skills:
The 2021/22 annual tuition fees for this programme are:
For details of when and how to pay fees and charges, please see our Student Finance Guide.
For students continuing on this programme fees will increase year on year by no more than RPI + 3% in each academic year of study except where regulated.* If you are uncertain about your fee status please contact firstname.lastname@example.org
Find out more about general additional costs that you may pay when studying at Kent.
Search our scholarships finder for possible funding opportunities. You may find it helpful to look at both:
In The Complete University Guide 2020, the University of Kent was ranked in the top 10 for research intensity. This is a measure of the proportion of staff involved in high-quality research in the university.
Please see the University League Tables 2020 for more information.
In the Research Excellence Framework (REF) 2014, we were placed 25th (out of 101 institutions) in the UK for research intensity in business and management studies and 98% of our research was judged to be of international quality. The School’s environment was judged to be conducive to supporting the development of research of international excellence.
The School was also ranked 24th for its breadth and depth of research across the whole community of research active staff by the Association of Business Schools
Research activities at Kent Business School are broadly organised into six areas;
The Finance group addresses academically interesting and practical contemporary issues in finance and banking. Staff pursue research in several areas, including: derivatives pricing and risk management; financial econometrics; international banking; financial regulation; corporate finance; asset pricing and real-estate modelling.
The People, Management and Organisation group examine themes in the areas of employment relations, human resource management, organisational behaviour and leadership. The group covers a wide range of research, including employment relationships, the role of social partners, the effects of skills, technology and culture on the world of work, employee engagement, and the role of leadership.
For more information, see our Applied Research Centres:
Full details of staff research interests can be found on the School's website.
Institutional theory and organisational change; performance measurement and balanced scorecard; behavioural aspects of budgetary and management control; public sector accountability.View Profile
Public sector accounting; public sector accountability; accounting history; constitutional accountability.View Profile
Auditing, Auditing and corporate governance, Auditors’ legal responsibilities.View Profile
Financial economics, international finance, macro and monetary economics.View Profile
Credit risk; Mutual fund performance; Behavioural finance; Capital structure.View Profile
Tax planning and business start up's. (Corporate) tax avoidance.View Profile
Examining the behaviour of securities in the equity markets, analysing potential determinants of security price movements along with testing various pricing models.View Profile
Financial management; The role of management accounting in decision making; Structures of corporate finance; Financial markets.View Profile
How institutions affect international business and have employed institutional theory to examine the determinants of inward and outward foreign direct investment from Central and Eastern Europe.View Profile
Strategic management, international business management, European integration, corporate financing in Central and Eastern Europe, equity culture development and financial institutions.View Profile
Hospitality and tourism, performance measurement and management, digital strategy, management consultancy, business school research and teaching impact, and solving the UK productivity puzzle.View Profile
Psychological aspects of decision-making processes within the general context of employee happiness, well-being, and engagement, and their impact on organisational performance.View Profile
You gain much more than an academic qualification when you graduate from Kent Business School – we enhance your student experience and accelerate your career prospects. Our finance programmes equip you with an impressive set of skills and specialist knowledge. In addition, inbuilt practical experience will help you succeed in a competitive job market.
This pathway is ideal preparation for a career in business, banking, financial institutions, regulatory bodies or government bodies. You can also enter other industries with an invaluable blend of finance and management skills.
Careers in finance continue to provide exceptional earning potential in the UK and globally; the very highest-paying job specialisms in the finance sector include structurer, trader, M&A and fund management (13 May 2016, City A.M.).
Our students have an excellent record for employment. Recent graduates are now working in top global companies including AXA, BNP Paribas, FactSet, HSBC, PwC, Santander, Thomson Reuters, USB Investment Bank and Zurich Financial Services.
Kent Business School is a member of the European Foundation for Management Development (EFMD) and the Chartered Association of Business Schools (CABS); and the Kent MBA is an Association of MBAs (AMBA) accredited programme.
In addition, KBS has accredited programmes with the following professional bodies:
KBS is a signatory of the United Nation's Principles for Responsible Management Education (PRME), which provides a global network for academic institutions to advance corporate sustainability and social responsibility.
Kent Business School (KBS) offers an optional 1½-week refresher quantitative skills workshop in Mathematics, Statistics and Excel, prior to the start of your main MSc programme. The workshop is offered at no extra tuition cost; however, students will need to make their own accommodation arrangements and register to attend via the online booking form.
The workshop will refresh your knowledge of the quantitative concepts and techniques needed for your Master's studies. It is organised as a series of short lectures and practical workshops, and you will have the opportunity to go through a series of theoretical and practical exercises with staff from the School. There will be no assessment at the end of the course.
If you have accepted a formal offer for this programme and you would like to attend the workshop, please register to secure your place.
Kent Business School occupies a purpose-designed building consisting of executive learning facilities with wireless provision throughout. Each postgraduate student is assigned a specific member of academic staff who acts as your first point of contact throughout your studies. There is a lively postgraduate community at the School, with plenty of space to relax and interact with your fellow students and our academic staff.
On the Canterbury Campus, Kent Business School recently moved into a new academic building, known as The Sibson Building, a vibrant new campus destination. This state-of-the-art building includes lecture theatres, seminar rooms, dedicated MBA, PhD and IT suites. These new learning and teaching spaces, as well as modern social and breakout areas, encapsulate Kent Business School’s academic values and identity.
New academic facilities and social spaces for Kent Business School at Medway have also recently opened. The Sail and Colour Loft features six seminar rooms, a group learning room, a computer suite, quiet study areas, student social spaces and a special reference collection of core text books. Kent’s libraries offer over a million books, periodicals and journals, and we have subject-specific librarians to help you secure access to the information you need.
We also offer excellent teaching facilities with tailor-made specialist resources. Postgraduate students can access a range of specialist software packages used in quantitative analysis and in finance. Most academic schools have specific study areas for postgraduates and there is also a general postgraduate common room with work area.
Kent Business School has more than 40 internationally recognised academics from 23 different countries. Most of our teaching faculty are involved with researching the latest issues in business and management, working with organisations to provide new insight for business leaders and policymakers. Their knowledge and findings feed into the programmes to ensure they are both cutting-edge and globally relevant.
Kent Business School has close links with a number of European institutions including Neoma Business School, Jean Moulin University Lyon III and Rennes School of Business in France; EBS University of Business and Law, Germany; IE University, Madrid and LIUC Università Carlo Cattaneo in Italy. Our international partners include Hong Kong Baptist University where we offer dual Masters programmes in both Finance and Business Analytics; City University of Hong Kong; Renmin University of China and Universiti Teknologi, Malaysia.
Staff publish regularly and widely in journals, conference proceedings and books. Among others, they have recently contributed to: Applied Mathematical Finance; International Journal of Financial Economics and Econometrics; European Journal of Finance; Journal of Banking and Finance; International Journal of Theoretical and Applied Finance.
All students registered for a taught Master's programme are eligible to apply for a place on our Global Skills Award Programme. The programme is designed to broaden your understanding of global issues and current affairs as well as to develop personal skills which will enhance your employability.
Learn more about the applications process or begin your application by clicking on a link below.
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