Modules for course N2AO | MSC/MANFIN
MSc Management and Finance

This is a provisional list of modules to be offered on this course in the 2018–19 academic year.

The list may not be complete, and the final course content may be different.

You can also view the modules offered in the years: 2016–17; 2017–18.

Find out more about studying and applying for this degree.

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Year 1 Modules

Compulsory Modules

0 to 105 credits from:

  • September start must take:
  • ASB-4010: New Venture Creation (15) (Semester 2)
    Entrepreneurship theory and evolution of the concept; Starting your own business; Creativity and Innovation; Franchising; Buying a business; Succeeding in family business.
  • ASB-4403: Int'l Financial Markets (15) (Semester 1)
    An overview of financial markets and instruments; Review of the concepts of risk and return; Portfolio theory and diversification; The capital asset pricing model; Other asset pricing models; Efficient markets, behavioural finance and anomalies; Hedging, speculation and arbitrage; Foreign exchange and derivative markets; Option characteristics and option pricing; Forwards, futures and swaps.
  • ASB-4405: Int'l Financial Management (15) (Semester 2)
    The financial management of multinational companies (MNCs). The macroeconomic, fiscal, currency and political environments. Determinants of exchange rates, and purchasing power and interest rate parity. Management of exchange rate exposure through forwards, options. Corporate financing decisions and the role of the global financial markets. Cost of capital and performance evaluation; capital investment appraisal. Working capital management and the positioning of funds in the MNC.
  • ASB-4408: Financial Econometrics (15) (Semester 2)
    • Review of the linear regression model: estimation and hypothesis testing; • Dynamic regression models: distributed lag and autoregressive models; • Non-stationarity and testing for unit roots; • Modelling long-run relationships: cointegration; • Modelling volatility: univariate ARCH and GARCH models; • Regression analysis using panel data.
  • ASB-4413: Int'l Strategic Management (15) (Semester 1)
    The concepts of strategic management. The vocabulary of strategy; prescriptive and emergent strategies. Strategy, the organisation and the environment. The core processes: strategic analysis; strategy formulation; strategic choice. Vertical integration; make/buy decision; corporate parenting and internationalisation.
  • ASB-4431: Organisations and People (15) (Semester 1)
    Theories and models of management: classical and contemporary; Organisation structures: strategy, design and function, job design; Organisation cultures: values, ethics, norms of behaviour; Organisation processes: survival, change, growth and development; Organisational learning, and learning organisations; Individual differences: perception, learning, motivation, equality and diversity; Groups and teams in the organisation; Managing relationships: power, control and conflict resolution, communication; Managers as leaders, people developers, coaches; Managing and rewarding performance.
  • ASB-4601: Research Methods (15) (Semester 1)
    Describing and summarising data; Probability and probability distributions; Principles of statistical inference; Correlation and regression analysis; Regression models for panel data.
  • The above modules are compulsory for September intake students. This means that students arriving in September must take all of the above modules.

0 to 90 credits from:

  • January start must take:
  • ASB-4010: New Venture Creation (15) (Semester 2)
    Entrepreneurship theory and evolution of the concept; Starting your own business; Creativity and Innovation; Franchising; Buying a business; Succeeding in family business.
  • ASB-4101: Research Methods (15) (Semester 2)
    Describing and summarising data; Probability and probability distributions; Principles of statistical inference; Correlation and regression analysis; Regression models for panel data.
  • ASB-4103: Int'l Financial Markets (15) (Semester 2)
    An overview of financial markets and instruments; Review of the concepts of risk and return; Portfolio theory and diversification; The capital asset pricing model; Other asset pricing models; Efficient markets, behavioural finance and anomalies; Hedging, speculation and arbitrage; Foreign exchange and derivative markets; Option characteristics and option pricing; Forwards, futures and swaps.
  • ASB-4108: Financial Econometrics (15) (Semester 1)
    • Review of the linear regression model: estimation and hypothesis testing; • Dynamic regression models: distributed lag and autoregressive models; • Non-stationarity and testing for unit roots; • Modelling long-run relationships: cointegration; • Modelling volatility: univariate ARCH and GARCH models; • Regression analysis using panel data.
  • ASB-4413: Int'l Strategic Management (15) (Semester 1)
    The concepts of strategic management. The vocabulary of strategy; prescriptive and emergent strategies. Strategy, the organisation and the environment. The core processes: strategic analysis; strategy formulation; strategic choice. Vertical integration; make/buy decision; corporate parenting and internationalisation.
  • ASB-4431: Organisations and People (15) (Semester 1)
    Theories and models of management: classical and contemporary; Organisation structures: strategy, design and function, job design; Organisation cultures: values, ethics, norms of behaviour; Organisation processes: survival, change, growth and development; Organisational learning, and learning organisations; Individual differences: perception, learning, motivation, equality and diversity; Groups and teams in the organisation; Managing relationships: power, control and conflict resolution, communication; Managers as leaders, people developers, coaches; Managing and rewarding performance.
  • The above modules are compulsory for January intake students. This means that students arriving in January must take all of the above modules.

60 credits from:

  • ASB-4902: MSc Dissertation (60) (Semester 3)
    There is no set syllabus. The dissertation encourages students to develop a critical awareness of the professional skills relevant to the strategic management of a variety of business practices. Students choose their research topic, provided that there is suitable and sufficient reading material available, and a member of staff is available to supervise in the chosen area of study.
  • ASB-4903: Financial Seminar Series (60) (Semester 3)
    The content below is that delivered in 2015, but the content will vary from year to year. This will enable the seminar programme to include staff research specialisms, to reflect current and topical research issues and to adapt to any staffing changes. Topics:- Set A: Accounting Set I. A1. Corporate governance and executive compensation (Professor John Ashton). A2. Impression management (Dr Doris Merkl-Davies). Set B: Banking and Finance. B1. Competition in the banking sector (Professor John Ashton). B2. Valuation for mergers, acquisitions and leveraged buyouts (Dr Ru Xie). Set C: Corporate Finance. C1. Event studies and the measurement of abnormal returns (Dr Gwion Williams). C2. Dividend policy (Professor Lynn Hodgkinson). Set D: Financial Markets. D1. The role of rating agencies in financial markets (Professor Owain ap Gwilym). D2. Market microstructure and high frequency trading (Professor Owain ap Gwilym). Seminar E1: Monetary Policy. E1. The conduct of monetary policy (Dr Rhys ap Gwilym). Set G: Accounting Set II. G1. Earnings management (Dr Aziz Jaafar). G2. Accounting and sustainability (Professor Lynn Hodgkinson). Each student must attend six of the above research seminars, as follows: MSc Accounting, MSc Accounting and Banking, MSc Accounting and Finance: Seminars A1, A2, C1, C2, G1, G2. MSc/MA Finance, MSc International Finance, MSc Investment Management, MSc/MA Management and Finance: Seminars B2, C1, C2, D1, D2, E1. MSc/MA Banking and Finance, MSc International Banking, MSc/MA Islamic Banking and Finance: Seminars B1, B2, C1, C2, D1, E1.
  • ASB-4910: Finc'l Research & CFA Series (60) (Semester 3)
    In the Research Seminar component, the precise content will vary from year to year. This will enable the programme to include staff research specialisms, to reflect current and topical research issues and to adapt to any staffing changes. Indicative content for 2016 (labelling is consistent with the existing ASB4903/4896 module): A1. Corporate governance and executive compensation (Professor John Ashton). C1. Event studies and the measurement of abnormal returns (Dr Gwion Williams). D1. The role of rating agencies in financial markets (Professor Owain ap Gwilym). Each student must attend two of the above research seminars, as follows: MSc Accounting, MSc Accounting and Banking, MSc Accounting and Finance: Seminars A1, C1. MSc/MA Banking and Finance, MSc International Banking, MSc/MA Islamic Banking and Finance, MSc/MA Finance, MSc International Finance, MSc Investment Management, MSc/MA Management and Finance. Seminars C1, D1. MBA Banking and Finance, MBA Finance, MBA Islamic Banking and Finance. Seminars A1, D1. This is applicable to September and January intakes, in both Bangor and London. In the CFA component: Prepare students to undertake a professional exam. Training will cover topics on the CFA Level 1 syllabus. Indicative content for 2016: Ethical and Professional Standards; Quantitative Methods; Economics; Financial Reporting and Analysis; Corporate Finance; Portfolio Management; Equity Investments; Fixed Income Investments; Derivatives; and Alternative Investments.

Optional Modules

0 to 15 credits from:

  • September start choose 1 from:
  • ASB-4030: Knowledge Management (15) (Semester 2)
    An introduction to the current state of KM within organisations including Knowledge Intensive Firms, the role of Knowledge Managers, Chief Knowledge Officers and perspectives of Knowledge Workers. Introduction to key terms such as knowledge, information and learning; and the historical context of Knowledge Management. Ontologies and Epistemologies of Knowledge and how this informs Knowledge Management Strategy. The process of Knowledge Management and Organisational Learning; and the role of the HR/ KM and CKO within this. Knowledge Management Strategies; inc codification and personalisation, and typologies of KM Strategy. Organisational memory and unlearning. Socio-cultural issues related to managing and sharing knowledge within organisations including Communities of Practice, Share/Hoard Dilemma and the issues of politics, power and culture The important role of HRM for KM; particularly in terms of recruiting, rewarding and retaining knowledge workers, leading& motivating knowledge workers and relations issues within the KM contract. The important roles of ICT, with emphasis on Social Media, in KM and how ICT & Social Media is increasingly used for collecting, storing, disseminating and representing formal and informal knowledge within the workplace. Emergent issues relating to International Knowledge Management and sharing across cultures The challenges of valuing knowledge Personal Knowledge Management
  • ASB-4125: Invstmt Strat & Portfolio Mgmt (15) (Semester 1)
  • ASB-4406: Financial Analysis (15) (Semester 2)
    Balance sheet and income statement analysis; Financial ratio analysis and inter-firm comparison; Trend analysis and financial forecasting; Analysis of profitability and growth; The quality of financial statements, and using financial statements in valuation; Cash accounting, accrual accounting and discounted cash flow valuation; Pricing book values and earnings; Assessment of credit and equity risk.
  • ASB-4437: Merger and Acquisition (15) (Semester 2)
    Theory of the firm: "Build vs Buy"; Current issues in the M&A landscape; Motives for M&A; How do mergers work? When do mergers work? Winners and losers; Valuation in the context of an acquisition; Criteria for value-adding acquisitions; Cross-border vs domestic acquisitions.
  • The above optional modules are available to students arriving in September.

0 to 30 credits from:

  • January start choose 2 from:
  • ASB-4030: Knowledge Management (15) (Semester 2)
    An introduction to the current state of KM within organisations including Knowledge Intensive Firms, the role of Knowledge Managers, Chief Knowledge Officers and perspectives of Knowledge Workers. Introduction to key terms such as knowledge, information and learning; and the historical context of Knowledge Management. Ontologies and Epistemologies of Knowledge and how this informs Knowledge Management Strategy. The process of Knowledge Management and Organisational Learning; and the role of the HR/ KM and CKO within this. Knowledge Management Strategies; inc codification and personalisation, and typologies of KM Strategy. Organisational memory and unlearning. Socio-cultural issues related to managing and sharing knowledge within organisations including Communities of Practice, Share/Hoard Dilemma and the issues of politics, power and culture The important role of HRM for KM; particularly in terms of recruiting, rewarding and retaining knowledge workers, leading& motivating knowledge workers and relations issues within the KM contract. The important roles of ICT, with emphasis on Social Media, in KM and how ICT & Social Media is increasingly used for collecting, storing, disseminating and representing formal and informal knowledge within the workplace. Emergent issues relating to International Knowledge Management and sharing across cultures The challenges of valuing knowledge Personal Knowledge Management
  • ASB-4125: Invstmt Strat & Portfolio Mgmt (15) (Semester 1)
  • ASB-4406: Financial Analysis (15) (Semester 2)
    Balance sheet and income statement analysis; Financial ratio analysis and inter-firm comparison; Trend analysis and financial forecasting; Analysis of profitability and growth; The quality of financial statements, and using financial statements in valuation; Cash accounting, accrual accounting and discounted cash flow valuation; Pricing book values and earnings; Assessment of credit and equity risk.
  • ASB-4437: Merger and Acquisition (15) (Semester 2)
    Theory of the firm: "Build vs Buy"; Current issues in the M&A landscape; Motives for M&A; How do mergers work? When do mergers work? Winners and losers; Valuation in the context of an acquisition; Criteria for value-adding acquisitions; Cross-border vs domestic acquisitions.
  • The above optional modules are available to students arriving in January.