This module provides the tools for you to be able to confidently manage your own wealth, as well as that of others. Whether you’re interested in becoming a financial advisor or want to take control of your own finances, this module covers the theoretical and practical aspects of portfolio management, from formulating an investment policy statement to portfolio construction.

You will explore the ins and outs of portfolio management, from developing an investment policy statement to constructing a portfolio that meets your clients’ needs. We’ll examine the regulatory environment, uncovering key financial regulatory regimes and the wealth management process, as well as teaching you how to assess clients’ needs and manage relationships.

Wealth management products and services, client risk profiles, tax management, and financial planning are also covered in this module. You’ll gain a comprehensive understanding of expected utility, dividend policy, growth, and the valuation of shares, building a strong foundation in portfolio theory and capital market assumptions.

Assessment

This module is designed to develop students’ understanding of investment theory and practice. Covering the investment environment, portfolio and capital market theories, the module aims to enable students to understand and apply modern econometric techniques, emphasising financial econometrics and focusing on statistical models, financial econometrics and understanding data.

On successful completion of this module, students will demonstrate a good understanding of the investment environment; have a deep insight into the techniques used in investment analysis and valuation, and how they can be applied in real-world situations; and be able to interpret and make investment decisions based upon an informed and critical approach. Students will also be conversant with the empirical analysis of financial data, and ARCH and GARCH models as well as be able to use statistical software for econometric analysis.

Assessment

Finance managers require skills in leadership and management, project management, investment, financing, and dividend policy in order to make informed decisions. This module offers students the background knowledge required in order to understand firms’ financial management, long-term investment, and working capital management, which will help students to understand financial decision-making in enterprises.

This module will enable students to appreciate types of leadership and management styles and their impact on the performance and relationships in organisations. They will also learn concepts and phases of project management, project management techniques and management and leadership of projects. Students will also be guided through how they can apply corporate financial theory, project management techniques and leadership and management styles in real-life scenarios encountered by entrepreneurs and decision-makers in the corporate world.

On the successful completion of this module, students should be able to demonstrate a good understanding of capital budgeting techniques, sources of short and long-term finance and dividend policy that assist public companies in achieving shareholder wealth maximisation objectives. They should also understand the impact of leadership and management styles on firm performance and the project management techniques to lead and manage projects successfully.

Assessment

Your MSc dissertation is an independent piece of research. You will be graded on your ability to identify a topic relevant to the programme, design and execute research and present it as a dissertation. The core integrative element of the MSc Finance and Wealth Management programme, your dissertation is the final stage of the master’s degree and provides an opportunity to demonstrate that you have gained the necessary knowledge, understanding, conceptual awareness and skills required to organise and conduct academic research.

Assessment