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MSc Financial Management

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Key information

Mode of delivery
Online
Start date
Open enrolment
Duration
Varies
Qualification
MSc

Contact

Contact our enquiries team

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Overview

Designed to impart specialist knowledge of the foundations and dynamic nature of finance, the MSc degree helps students make a vital contribution to the financial strength of their business.

Edinburgh Business School at Heriot-Watt University's online MSc Financial Management degree has been designed to give financial professionals the ability to make a crucial contribution where it matters most in business, at the bottom line. It provides a wide-ranging understanding of financial techniques and their application – but does not require a high-level mathematical  understanding of finance theories.

You will engage in a specialist study of the key areas of: corporate finance, mergers, investments, derivatives, credit risk and risk management. The knowledge you gain can be applied in practical ways. Careers in the sector depend upon a strong understanding of the foundations and dynamic nature of finance and investment behaviour. The MSc will give you that, preparing the way for a career in a wide variety of positions within the finance profession.

Degree duration

It takes approximately 200 study hours per course. On average, it takes four years to complete a full MSc, but it can be completed faster or over a longer period. You can choose your own pace by picking up or setting aside your studies whenever it suits you best. Your schedule always takes priority.

Online learning delivery

Our progressive course materials are made available online through our virtual learning environment (VLE). The VLE links you with our expert academics and course materials through videos, webinars, articles, journals, assessments and discussion boards. With us, it's completely up to you when and where you sit your exams and you need only pay for one at a time. You can choose when to sit your exams and if you need to rearrange, that's no problem either. To find out more about the degree structure, resources and support please visit our Online learning delivery and support pages.

Student support

Even the most gifted and most confident of students need a little help from time to time. Whether you study online at home or with a learning partner you're never far from the support of our faculty and your fellow learners. Additional support is available through optional online tuition and revision sessions and other online resources such as tests, practice essays, collaborative discussion forums where you can engage with your fellow students around the world and tools to help you track your progress through the course materials.

Course content

Year 1

The MSc Financial Management covers a wide ranging understanding of financial techniques, which will give you the skills and knowledge you need to progress in your career.

The degree comprises of five mandatory courses, and four optional. Courses are assessed by a Final Online Assessment. Pass this and join our global network of Edinburgh Business School graduates and business professionals.

Degree structure

Any semester
Core
  • Financial Decision Making
  • Advanced Financial Decision Making
  • Lending & Credit Risk Analysis
  • Financial Derivatives
  • Managing Financial Risk
Optional
  • Developing and Executing Strategy
  • Economics for Business
  • Mergers, Acquisitions and Restructuring
  • Quantitative Methods
  • Research Methods for Business

Detailed degree guide

Understanding, Knowledge and Cognitive Skills

  • An understanding of the basic mathematical foundations of finance, which will give the ability to value different financial assets;
  • The ability to identify and isolate the key factors that are fundamental to the valuation of companies and their investments;
  • Being able to develop an understanding of finance and the related subjects that permits an integrated view of the different subjects when confronted with complex financial issues or problems;
  • By the end of the course the student should have the ability and skills developed from the different subjects to analyse key corporate decisions and contribute effectively to a company.

Approaches to Teaching and Learning

The MSc Financial Management is an applied programme aimed at working professionals, providing them the opportunity to reflect on their own practice using contemporary theory in the management field. The programme is designed at the intersection of theory and practice and courses are oriented towards exploration of real-life examples and case studies.

The programme is entirely modular and delivery is flexible, operating a learning rather than a teaching model and each course is designed for self-study. All courses are designed around a comprehensive online offering that contains all necessary learning materials and guidance for students to successfully complete their studies. A key part of this is the opportunity for students to engage with each other as part of a global multicultural learning community.

In addition to the online offering the programme is available via Approved Learning Partners.

Assessment Policies

With the exception of the project, all courses are examined by written examination. Assessment includes objective questions (where appropriate), case studies and essays.  All courses are examined three times per year aligned to Heriot-Watt University's two semesters and the summer period.

The pass mark for all courses is 50%. A candidate must pass all required course units to be eligible for an award. Failing candidates are allowed a single resit in each course.

Assessment for H11PJ is by 100% coursework. One re-assessment opportunity is permitted (coursework re-submission).

Fees and funding

Tuition fees

Additional fee information

Standard fee

Per course: £1,248
Full programme: £11,232

Emerging Economies fee

Per course: £848
Full programme: £7,632

All course fees include one assessment attempt. Each attempt after this point will be charged at £160.

If you want to enrol in live tuition for any or all of course courses, you can opt to at an additional charge. For more information, download the programme prospectus.

Scholarships and bursaries

Each year Edinburgh Business School at Heriot-Watt University makes available a number of scholarships and discounts to help students to achieve one of our awards.

20% Fee Reduction

Students on our online Edinburgh Business School programmes benefit from a 20% fee reduction when purchasing all courses upfront for their programme of choice*.

Take advantage and enrol today.

* This does not apply to PG Cert, PG DIP or DBA programmes.

Alumni Discount

If you are a Heriot-Watt alumnus, you qualify for 20% off your programme fees. For more information on how to claim for your alumni discount contact hwonlineapps@hw.ac.uk

Please note that these discounts cannot be applied simultaneously.

Entry requirements

Typically you will hold a recognised first or second class honours degree, or equivalent professional qualification. Students whose native language is not English and who have not been educated previously in the English language must provide evidence of their English language proficiency.

Rewarding previous study

Edinburgh Business School recognises that some students entering our online MBA or MSc programmes will have completed prior academic study in subjects that align closely to certain EBS courses.

The qualification being presented for exemption consideration should have been gained within the last five years. Qualifications gained over five years ago may be considered if additional supporting evidence shows that you have kept abreast of the current developments in the subject area.

Exemptions are considered only on the basis of qualifications which have been gained through formal assessment. No consideration will be given for life/work experience. 

Exemption from mandatory and optional courses may be granted on the basis of master's/postgraduate level qualifications and professional qualifications only. Undergraduate level qualifications cannot be considered.

Exemptions will not be awarded on the basis of courses which have been used towards the award of another degree (of the same discipline) at Master's level, whether this was awarded by Heriot-Watt University or any other institution. For example, a student who has gained an MSc in Accounting will not be given an exemption in Accounting from Edinburgh Business School's MBA or MSc degree programmes.

Exemption eligibility

If you would like to enquire about your eligibility, please complete an Exemption Application Form.  

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