MSc Financial Decision Analysis
These Master’s courses are designed for graduates who wish to develop their knowledge and understanding
of finance and financial analysis.
The MSc Finance is specifically aimed at involving financial decision analysis in a areas, with many being actively engaged
graduates who wish to pursue a career in variety of different organisations. In the in research. Their research informs all
investment analysis, stockbroking, securities second semester a number of optional our teaching and provides an up-to-date
trading, fund management, banking and units are offered, which are particularly education in an active learning environment.
investment banking in financial institutions in relevant for different career paths. Students We also have regular discussions with
London, Europe and overseas. The course wishing to move into similar careers to employers and professional bodies to ensure
is also suitable for those aiming for careers those studying the MSc Finance are likely to that our courses are relevant to the needs of
in corporate financial management in large study the finance options. Those students industry and the skills they require from our
non-financial companies. wishing to move into accountancy or general graduates.
management are more likely to study options
The MSc Financial Decision Analysis is such as strategic management accountancy Our excellent reputation and the quality
practically orientated and based on financial, and resource allocation or information of our graduates provides an excellent
computational and modelling studies related strategy. springboard for a rewarding and challenging
to financial decision making and analysis, career. We have a demonstrable record
including investment, risk management, Portsmouth Business School of achievement in terms of graduate
budgeting, finance, financial analysis, Portsmouth Business School is renowned employment, which enables our graduates
planning and forecasting, and research for its friendly and supportive atmosphere, to go onto a wide range of occupations in a
methods. The course is specifically designed which will encourage you to develop your variety of sectors.
for those with non-financial backgrounds abilities and realise your full potential. All our
who would like to move into positions teaching staff are experts in their subject
MSC FINANCE • MSC FINANCIAL DECISION ANALYSIS
UNIVERSITY OF PORTSMOUTH • BUSINESS SCHOOL www.port.ac.uk
Course content and structure
MSc Financial Decision Analysis Unit descriptions Information Strategy: the importance
You will study five core units and three Financial Analysis will enable you to of information systems in achieving the
optional units (see below). This degree can gain a critical awareness of the financial strategic objectives of an organisation is
be studied over a period of 14 months full environment from both an accounting considered in this unit. It will also analyse
time or 30 months part time. and finance perspective. You will learn the key issues relating to the strategic
to understand and interpret company management of the information resource.
Core units reports, examine the role of the regulatory
• Financial Analysis environment for corporate reporting and Behavioural Finance looks at the
the stock market, and explore the pricing of psychological, institutional and agency
• Decision and Risk Analysis bonds and shares. theory ideas; key empirical research on
the explanatory and predictive power of
• Corporate Finance Decision and Risk Analysis: the key areas models on the implementation of investment
of decision and risk analysis are covered in strategies; guided critical analysis of research
• Business Systems and Planning this unit, alongside the process of decision and analysis of live data.
making, key statistical concepts, and
• Research Methods selecting and using appropriate software Derivatives will develop your knowledge of
tools as aids to decision making. the theory and applications of key financial
Optional units derivatives products with the emphasis on
• Strategic Management Accounting and Corporate Finance will look at shareholder futures, forwards, interest rates and swaps.
Resource Allocation value and the goals of the firm, corporate
governance, advanced capital budgeting, Business Valuation explores particular
• Information Strategy strategic analysis of capital investment issues in corporate finance practice related
decisions, dividend policy, financing policy, to the important area of business valuation.
• Behavioural Finance and mergers and acquisitions. This area of study is particularly relevant
for mergers and acquisitions, initial public
• Derivatives Business Systems and Planning covers offerings, litigation and forensic accounting
business planning and control systems, work.
• Business Valuation including issues such as budgeting, the
design of management control systems, and International Banking and Finance: banks
• Fixed Income Securities the design and development of spreadsheet- play a fundamental role in domestic and
based decision support systems. global financial markets. This unit focuses on
MSc Finance key issues in international banking, covering
You will study seven core units and one Research Methods: so that you are well both descriptive and explanatory aspects.
option (see below). The degree can be equipped to complete your dissertation,
studied over a period of 14 months full time. this unit explores research philosophy and Modern Portfolio Theory reviews key
approaches, literature reviews, sampling, theoretical issues such as expected return,
Core units questionnaires and interviews. volatility, the efficient frontier, the random
• Financial Analysis walk hypothesis, the efficient markets
Option Pricing Theory: some entrants onto hypothesis, capital assets pricing model,
• Decision and Risk Analysis the programme will have had little exposure arbitrage pricing theory and multi-factor risk
to derivative products. This unit will therefore models.
• Modern Portfolio Theory review the basic facts and terminology about
options and develop some ideas in time Fixed Incomes Security provides students
• Option Pricing Theory series (non-mathematical terms). It will then with a thorough understanding of the fixed
go on to develop the main option pricing income securities market and develops
• Derivatives models and you will learn how to apply the analytical skills specific to valuing fixed
these models in the option pricing theory income securities and the management of
• Behavioural Finance quantitative methods workshops. interest rate risk.
• Fixed Income Securities Strategic Management Accounting
and Resource Allocation explores the
Optional units relationship between strategy, strategic
• International Banking and Finance management and strategic management
accounting and sets the latter in the context
• Business Valuation of the historical development of management
accounting in general. It also critically
evaluates the various tools, techniques and
approaches with regard to their strengths
and weakness in a variety of contextual
MSC FINANCE • MSC FINANCIAL DECISION ANALYSIS
UNIVERSITY OF PORTSMOUTH • BUSINESS SCHOOL www.port.ac.uk
Your learning experience Entry requirements
Both courses require a good honours degree
from an internationally recognised university
For the MSc Finance, your degree should
be in business, accounting or economics.
Alternatively, equivalent professional
qualification that includes quantitative
material together with relevant work
experience will also be considered.
The MSc Financial Decision Analysis is
designed for those who don’t necessarily
have a financial background and relevant
work experience will also be taken into
International students require IELTS score
Teaching methods for both degrees include There are over 10,000 electronic journals of 6.5 or TOEFL 600, computerised 240 or
lectures, seminars, computer-based available, together with thousands of equivalent.
workshops and case studies. Student ebooks, which can be accessed across
participation is encouraged and classes campus, from home or wherever there is an Find out more
are challenging, but informal and friendly, internet connection. If you are interested in studying these
promoting discussion and debate. The courses, you can meet us at one of our
course tutors are available to support your For international students we have a many Open Days held throughout the year.
studies and you will also have a personal dedicated team of advisors to support you We are happy to answer any queries that
tutor to provide help and guidance for any as you settle into life in Portsmouth and you have and tell you even more about
problems that you might have. Assessment at the University. One of the team almost ourselves. Please contact us for further
on most units is through a mix of certainly has direct experience of your culture details or for an invitation to our Open Days.
coursework and examination. and may even speak your language. We look forward to meeting you.
You will also be required to prepare a Career prospects
15,000-word research dissertation on a Past students have gained employment in
subject of your own choice. A supervisor will a wide range of roles and industrial sectors.
be appointed to support your study. These include accountancy and general
management as well as investment analysis,
Our facilities and resources banking and investment banking in financial
You will attend lectures in the purpose-built institutions. Both courses are also suitable
Richmond Building, where the Business for students who are aiming for careers in
School is located. It offers a computer drop- corporate financial management in large
in and resource centre containing a wireless non-financial companies.
network access area, as well as printing and
photocopying facilities. Students wishing to enter the financial
sector will be eligible for direct entry into
The University Library is at the centre of associate membership of the Securities
academic life and is only a short walk away. and Investment Institute (a UK professional
Open from 8am until midnight every day body) on satisfactory completion of the
during term-time, it provides a variety of MSc Finance or the MSc Financial Decision
information to help with study and research. Analysis (where finance options have been
It has also invested heavily in the purchase of followed).
University of Portsmouth
Richmond Building T: +44 (0)23 9284 4220
Portland Street F: +44 (0)23 9284 4650
Portsmouth PO1 3DE E: firstname.lastname@example.org
United Kingdom W: www.port.ac.uk/pbs