Financial Management MSc

At the heart of every nation’s economy, finance offers a world of interesting, challenging and highly lucrative careers. This makes competition for jobs intense, especially in financial management. Our MSc is designed for graduates with a quantitative background but who have limited knowledge of accounting, economics or finance. It provides the knowledge and skills you need to work in financial Prepare for your management and can give you a significant edge in this competitive global sector.

This programme is now closed for 2015 entry but will be available again for 2016 entry in the Autumn. 

 Quick links: Why study this course | Modules | Fees and Funding |Entry RequirementsHow to apply

The finance sector is at the heart of the economy of every nation. The jobs there are interesting, challenging and highly lucrative. However, competition for the jobs is often very intense, especially in the area of financial management. This programme equips students with a broader, deeper, range of the knowledge and skills required for the jobs than any of its kind currently available - a valuable competietive advantage.

Students graduating from this programme will gain:

  • A critical knowledge of corporate finance and foreign exchange markets;
  • The ability to interpret and analyse financial statements;
  • The ability to use a wide range of financial modelling techniques to analyse data, conduct research and forecast variables;
  • Critical knowledge of the literature on private equity and venture finance;
  • Skills for valuing securities, managing risks, and managing treasury departments;
  • A firm grounding in the research training and skills needed for starting a PhD course.

These knowledge and skills are in high demand in banks, insurance companies, stock broking firms and other industries in the finance sector. They are also in high demand in the treasury departments of many local and multinational companies.

ACT University Partner

We are one of the select group of University Partners of the Association of Corporate Treasurers (ACT).  Students admitted to our MSc Financial Management programme in September each year who wish to become student members of the Association will be able to do so from October of the same year.  Such students will have the option to enjoy all the benefits of ACT student membership from that date onward and be able to take the examination(s) of the ACT in October of the following year (i.e. very soon after they finish the MSc programme), if they wish to do so.


Semester 1

Core modules

Semester 2

Core modules

Students will also have seminars on research methods and techniques in Accounting and Finance during this semester, but the seminars are part of the Dissertation Module, rather than a separate module.

Optional modules

Choose THREE of the following:

Fees and funding

  • UK/EU students = £8,010
  • International students = £15,525

Please check with the School for the latest fees information. Learn more about fees and funding.

Business School Scholarships may be available, find out more about our scholarships.

International students can often gain funding through overseas research scholarships, Commonwealth scholarships or their home government. Find out more.

Entry requirements

(a) a second class upper division degree or postgraduate diploma obtained from a university in the UK, or equivalent, in any subject. We accept a range of qualifications from different countries – learn more about our international entry requirements

(b) a pass mark (or a pass grade) in any quantitative subject (such as econometrics, statistics, mathematics, physics, or any other relevant module) obtained on the bachelors degree programme referred to in (a) above, or any pass grade at GCE A-Level in mathematics, further mathematics, statistics or physics;

(c) overall score of 6.5 in IELTS and not less than 6.0 in any band OR overall score of 88 in the internet based TOEFL (with 21 in Reading, 20 in Listening, 22 in Speaking and 21 in Writing); 

Please note that TOEFL IBT will only be accepted for applicants who do not require a Tier 4 visa to study with us.

(d) two satisfactory references, at least one of which must be academic; and

(e) a satisfactory personal statement.

International students:

If you are currently studying at a Chinese university, please view our specific entry requirements including our list of acceptable universities for further study at Birmingham.

How to apply

Applicants are now closed for 2015 and will reopen for 2016 applications in early Autumn.

When clicking on the Apply Now button you will be directed to an application specifically designed for the programme you wish to apply for where you will create an account with the University application system and submit your application and supporting documents online. Further information regarding how to apply online can be found on the How to apply pages

Apply now

Students will take four modules in the first semester and another four modules in the second semester. In addition, they will have a series of seminars on research methods and techniques in accounting and finance in semester two and each student will write a dissertation during the summer period under the supervision of an academic member of staff.

A variety of methods will be used to deliver the programme, including lectures, seminars and classes. Typically, the contact hours for each module on the programme will be approximately 3 per week, for 10 weeks, making a total of 30. Students are expected to complement that with 70 hours of independent study for each module over the 10 week period to read further on the topics and issues that are covered in the lectures, seminars and classes.

The main method of assessment that we use is a 2-hour or 3-hour examination. However, we also use a variety of other methods of assessment, such as class tests, individual assignment, group assignment, presentations, a dissertation, etc. Marks obtained in taught modules will contribute two thirds (i.e. 120 credits) of all the marks that will be used to determine the class of the degree that will be awarded to each student at the end of their programme. The dissertation written by each student will have a weight of 60 credits and contribute the remaining one third.

The contents of our programme reflect many of the topics required to pass examinations and gain full AMCT membership with the Association of Corporate Treasurers (ACT). The ACT is the world’s only chartered body for the treasury profession and qualifies finance professionals working in a broad range of roles in non-financial corporates as well as in banks and other financial institutions.

For further information about the ACT and the syllabuses, please visit ACT qualifications. Students will find the knowledge and skills that they will acquire from our programme very useful in preparing for the examinations of the ACT.

Careers in Business

Careers in Business is a dedicated service for postgraduate Business School students. We’ll help you in all aspects of your career management, from planning your job-seeking strategies, applying for jobs, preparing for interviews and assessment centres and developing your essential employability skills. At the start of your programme you will receive an email from our team, giving details of how you can access Careers in Business Online. Please get in touch to find out how our Careers in Business team can support you.

Career development advice

Our consultants offer an individual advice service, which includes:

  • Career review and objective setting
  • Job-seeking strategies
  • CV review
  • Application advice
  • Interview and selection advice
  • Working in the UK
  • International work enquiries

Skills coaching

Employers aren’t just looking for great qualifications. They want to see high-quality personal skills too, such as team working, leadership, presentation and interpersonal skills. Our Skills Development Consultants offer individual appointments to help you shape and hone these qualities.

Keeping you up to date

Our Employer Liaison Team regularly undertakes initiatives to attract employment/ project opportunities into the Business School. You can find information about vacancies and other openings on Careers in Business Online and on Business School noticeboards, as well as through the Careers and Employability Centre vacancy database .

Careers events and workshops

This is your chance to find out about employment opportunities, develop your skills and network with industry professionals. Our range of career management, personal development and employer events are a great opportunity to discover what’s open to you upon graduation – just sign up to the events to take part.

Using the Careers and Employability Centre

Postgraduate students in the Business School are very welcome to use the services provided by the Careers and Employability Centre such as online vacancy listings, employer presentations and fairs and accessing online careers information. You can use the Careers in Business team for individual appointments, CV checking, mock interviews and other job search-related activities.