About This Course
This degree programme provides the opportunity to follow the prestigious CFA (Chartered Financial Analyst) specialist pathway and acquire the skills to complete the CFA Level 1 examination (for both September-intake and January-intake students).Â
The course offers students a sound knowledge of the theoretical foundations that underpin modern investment and risk management techniques, and prepares them for entry into the fast-growing investment management industry. The programme aims to cover the traditional syllabus of a Masters degree in finance whilst providing students with advanced level management and business training in specialised areas of investment, such as the management of equity and bond portfolios; trading techniques; risk management; management of foreign exchange and derivative securities and emerging markets investment. Students will benefit from a unique opportunity to use various online databases available in Ïã¸ÛÁùºÏ²Ê¹ÒÅÆ×ÊÁÏ Business School, such as DataStream and SNL.
Students will acquire advanced, specialised knowledge and skills across a range of investment applications at strategic and operational levels. They will develop intellectual skills and research expertise in the area of investment analysis and portfolio management; technical skills relevant to financial markets’ operation and management; critical skills in examining advanced level theories and empirical evidence; computational skills in financial service activity; and analytic skills in exploring the efficient markets hypothesis.
Programme Length
1 year full-time. This programme offers both January and September start. A 10 month version also available (September start). Students on the 10 month course will study 5 modules in the Autumn and 5 in the Spring.
Chartered Financial Analyst Pathway
Many of our degree programmes provide the opportunity to follow the  specialist pathway and acquire the skills to complete the  (for both September-intake and January-intake students). The CFA has become the most respected and recognised professional qualification in finance in the world.
Students undertaking this pathway will take a new module titled Financial Research & CFA Series during the summer period. Students will attend research seminars in June to be followed by specialist training for the Level 1 CFA exam provided by , who are a well-recognised and accredited provider of CFA education. The teaching will include two days of Research Seminars in June and five two-day blocks of training, plus an additional two-block of revision provided across July and August. Assessments will follow the seminars and the CFA training.
No additional fees are charged for students undertaking this pathway.
However, students will be required to enrol with the CFA Institute and register for the exam. Payment of enrolment and examination fees is to the .
You will be able to register on this CFA pathway after arrival in Ïã¸ÛÁùºÏ²Ê¹ÒÅÆ×ÊÁÏ. If you wish to make any enquiries in advance, please contact owain.apgwilym@bangor.ac.uk.
Course Content
What will you study on this course?
The course is a full-time programme lasting 12 months. It consists of two parts:
Part 1:
Is a wholly taught component, contributing 120 credits. All taught modules carry a credit weighting of 15 credits. Part 1 is taught during the two semesters which make up the academic year. Teaching during semester 1 normally runs from late-September to December, with examinations in January. Teaching during Semester 2 normally runs from late-January to early-May, with examinations in May and June.
Part 2:
This consists of either a supervised Dissertation of around 10,000 words, or a structured Advanced Taught Programme of Summer Study that is specific to your chosen degree. Part 2 is completed during the summer months, from late-May to September. If you undertake a supervised Dissertation, you are expected to submit your Dissertation by September in the calendar year following your initial registration for your postgraduate degree. The assessments for the Advanced Taught Programme of Summer Study are also completed during September in the calendar year following your initial registration.
Compulsory modules:
- Current Issues in International Finance: This module deals with the important current issues in international finance, with focus being placed on current research findings and published papers from international journals.
- International Financial Markets: This module provides an introduction to finance theory, and its practical applications for investors, analysts and portfolio managers.
- Research Methods:Â This module provides the student with knowledge of intermediate and advanced qualitative and quantitative research methods, and provide a basis in research methodology.
- Credit Risk Analytics: This module examines the theory and practice of credit risk analytics and decision science in financial institutions. Particular emphasis will be placed on topical areas within quantitative methods and regulatory requirements.
- Investment Strategy & Portfolio Management: This module analyses portfolio strategies to effectively control risk and enhance returns; develops intellectual skills and research expertise in investment analysis and portfolio management; and demonstrates appropriate modelling techniques for investment decision-making and risk management.
- Financial Analysis: This module analyses the techniques that are used to evaluate a company’s financial position and performance, and develops a critical awareness of the uses of financial data by capital markets for valuation purposes.
Plus choose 1 of the following:
- MSc Dissertation
- Financial Seminar Series
- Applied Financial Projects (30 credits)*
- Financial Research & CFA Series (CFA pathway only)
*Students on the 10 month programme must take this option
Optional Modules – choose 2:
- International Financial Management*
- Financial Econometrics
- Corporate Risk Management*
- Merger and Acquisition
- Financial Ethics and Regulation
*Students on the 10 month programme
Modules for the current academic year
Module listings are for guide purposes only and are subject to change. Find out what our students are currently studying on the Investment Management Modules page.
Course content is for guidance purposes only and may be subject to change.
Entry Requirements
Candidates should have a good first degree or 2(ii) or higher or equivalent from a university or another approved degree-awarding body. Non-graduate qualifications deemed to be of a satisfactory standard for the purpose of postgraduate admission may also be considered. Work experience is desirable.
If your native language is not English, you must provide satisfactory evidence that you have an adequate knowledge and understanding of written and spoken English:Â
- IELTS of 6.0 (with no element below 5.5)
- Pearson PTE: a score of 56 (with no element lower than 51)
- Cambridge English Test – Advanced: 169 (with no element lower than 162)
Careers
Graduates of the MSc in Investment Management are expected to obtain employment in a variety of careers in investment institutions, and will be ideally positioned to become investment specialists or managers and consultants in other corporate bodies. Some students would progress into further postgraduate research study.