Key Facts

Course Title: Finance and Information Technology (MSc)
Course type: MSc, Postgraduate Diploma, Postgraduate Certificate
Mode of Study:Full Time
Contact Details:Claire Butters
Contact email:c.l.butters@keele.ac.uk
Website: Go to School homepage
Faculty: Faculty of Humanities and Social Sciences
Subject Area: Business and Management

Overview

A very warm welcome to our MSc in Finance and Information Technology. Rapid changes in information and technology, a changing and complex industry and the globalisation of the world’s economic and financial systems demand that modern day finance professionals have the analytical and technical skills alongside the intellectual curiosity to enable them to learn and adapt throughout their working lives. They must be able to work in teams of diverse technical and cultural backgrounds.

To meet these demands the areas of Computer Science and Economics jointly offer an MSc in Finance and Information Technology designed for students who wish to pursue a career in finance or wish to apply their IT skills within a financial department or organisation.

We think that our programme provides an exciting learning environment that enables our students to develop their potential to work in the fast-paced and challenging finance industry. It will build up your range of knowledge and skills that will be relevant for your later professional life.

Please use this page to find out about our course, teaching methods and application procedure, and if you have further questions feel free to come back to us and ask.

We welcome applications from both home and overseas students.  We have a range of support services available for all students and further information specifically for international students can be found by clicking on the International Applications Information link above.

Aims of the Course

The MSc in Finance and Information Technology is designed to provide the systematic understanding of finance together with the technical ability and professional skills to help work with, manage or develop information systems within a financial organisation.

Successful students will gain

  • A systematic understanding of knowledge in the relevant areas of finance and information technology
  • A command of analytical techniques, computing and appropriate software in the relevant areas of finance and information technology.
  • Increased confidence in the analysis, synthesis and evaluation of problems and their solutions.
  • Improved employability through enhanced professional and practical skills, including project management, team building and communication skills.

Career Destination Information

The course provides students with career related skills and expertise. Typical career destinations may include corporate treasury functions (such as cash management, risk management, capital budgeting), fund management and investment banking. Some graduates are likely to be employed in the management, control or design or development of information systems within these sectors.

Entry Requirements

All applicants must hold at least a second-class honours degree (2.2 or above) or overseas equivalent, in a business related subject area demonstrating quantitative content or in an alternative quantitative subject. Students who have appropriate professional qualifications or relevant work experience may also be considered. The University uses a range of relevant selection criteria including academic qualifications, professional experience, evidence of likely commitment to academic study, and an estimate of a candidate’s future potential.

Anyone applying from a country where English is not the first language is required to take one of the internationally recognised English language tests such as Academic IELTS.  The minimum entry level is IELTS 6.5 or equivalent English language test scores with a minimum of 5.5 in each subtest.

For overseas students who do not meet all direct entry requirements, we offer the opportunity to take an intensive pre-masters programme leading to the MSc may be offered. 

Course Content

The MSc programme starts in September and lasts 12 months. During the first semester (September to January) students take the following four core modules:

Semester 1

Finance
  • Financial Markets
  • Quantitative Methods in Finance

Information Technology
  • Project Scope and Portfolio Management
  • Systems Design and Programming


In the second semester (January to May) students take the following modules:

Semester 2

Finance
  • Financial Modelling
Plus one from;
  • Applied Finance
  • Corporate Finance
  • International Money and Finance
Information Technology
  • Metrics Esimation Analysis and Teams
Plus one from;
  • Cloud Computing
  • Web Technology and Security

 

Each taught module is worth 15 credits so from May to September, students undertake a project or a dissertation, which is worth 60 credits. Students gaining 120 credits from taught modules and successfully completing the dissertation will be awarded an MSc. Students gaining 120 credits but not proceeding to the dissertation/project will be awarded a Postgraduate Diploma. Students who do not gain 120 credits but pass modules worth 60 credits will be awarded a Postgraduate Certificate. 

* Some options may require prior programming ability.

Teaching and Assessment

Each taught module is worth 15 credits so from May to September, students undertake a project or a dissertation, which is worth 60 credits. Students gaining 120 credits from taught modules and successfully completing the dissertation will be awarded an MSc. Students gaining 120 credits but not proceeding to the dissertation/project will be awarded a Postgraduate Diploma. Students who do not gain 120 credits but pass modules worth 60 credits will be awarded a Postgraduate Certificate. 

* Some options may require prior programming ability.

The Course Director is responsible for running the programme and providing support and information for students. Modules are taught in lectures, tutorials and computer laboratory classes. Practical use is made of standard software and data sources. Taught modules are usually assessed by a combination of unseen examination and coursework which may include essays, mini projects and tests. Guidance is provided on dissertation/project topics and each student will be assigned a supervisor.

Additional Costs

Apart from additional costs for text books, inter-library loans and potential overdue library fines, we do not anticipate any additional costs for this postgraduate course.

Systems Analysis

The aim of this module is to provide skills in systems analysis using an object oriented approach to modelling and specifying system requirements.  In particular, students will understand the scope, nature and purpose of systems analysis, be provided with an overview of systems analysis within the context of the phases of the Unified Process and then be taught the appropriate techniques for requirements, acquisition formalisation.

Enterprise Information Systems

Key to the effective use of IT within an organisation is the ability to analyse the business and be able to assess the IT needs to support the business strategy.  This module focuses on providing the student with the skills to do this analysis and the knowledge of enterprise information systems to enable the selection and introduction of effective IT solutions at all levels within an organisation.

International Money and Finance

The module examines the linkages between financial markets that tie together asset and goods prices through the operation of the foreign exchange market.  This module also studies how the market responds to international arbitrage opportunities and examines relevant hedging strategies.

Behavioural Finance

The module studies the conceptual basis of behavioural finance, including heuristics and biases that inform financial decision making. In this respect this module examines the influence of trader psychology on the market behaviour and related market outcomes.

Enhanced IT Architecture

The module studies the concepts, methods and tools involved in the IT architecture discipline and it examines the role of IT architects and software architecture within development projects. This module also outlines current architectural developments, such as service-oriented architectures. 

 N.B. The schedule shown may be re-arranged with minor adjustments

The Graduate Attributes Statement is designed to raise awareness of the attributes that will be developed whilst you are a student at Keele University. It explains each of the attributes in detail, tips on how to achieve them and how they relate to your chosen programme of study.

The Graduate Attributes Statement for this course can bedownloaded here.

Paula Namwanje, Uganda

Paula Namwanje, Uganda

"The main reason I came back to Keele to do a Masters was because of the love I have for this university."

MSc Accounting and Financial Management