MSc
1 year full time, 2 years part time
Starts September 2017

Management and Finance

Gain the managerial and analytical skills required by employers in both the private and public sectors.

This course offers a broad training in management, together with an appreciation of the financial environment of contemporary business. Our wide range of options allows you to tailor the MSc to your interests.

The MSc in Management and Finance has made me unique in my field of work, especially through my theoretical arguments and analysis.”Nii Ardey Tagoe
Management and Finance MSc

Key facts

  • Our courses are designed to prepare you for a successful business career.
  • Learning with people from all over the world helps you develop the expertise and confidence to work globally.
  • Our wide range of business modules is taught by top academic researchers and experienced industry practitioners.

How will I study?

In the autumn and spring terms, you choose options alongside your core modules to broaden your horizons and tailor your course to your interests.

During the summer term, you research and write a business analysis report based on the analytical techniques in management and finance you have learned on the course. The core accounting module during the spring term prepares you for writing the report.

Assessment methods are a combination of coursework, essays, group and individual reports, presentations and unseen examinations.

Full-time and part-time study

You can choose to study this course full time or part time. Find the modules for the full-time course below. 

For details about the part-time course structure, contact us bmec@sussex.ac.uk

What will I study?

  • Module list

    Core modules

    Core modules are taken by all students on the course. They give you a solid grounding in your chosen subject and prepare you to explore the topics that interest you most.

    • Personal and Professional Development for Management and Finance

      15 credits
      All Year Teaching, Year 1

      This module aims to develop your mastery in personal and interpersonal effectiveness in order to support career entry and development, thereby enabling positive and professional organisational impacts.

      From your point of view, the module facilitates acclimatisation to your local learning environment as a basis for contributing to contemporary working environments at local, national and international/global levels (the workplace).

      From employers' point of view, the module develops rounded graduates who have not only a subject/technical capacity but also a personal and professional capability. This capability, which is readily transferable to the workplace, distinguishes students who successfully complete the module from other graduates.

      The module comprises study of, and development in, the individual and interactive organisational behaviours that underpin professional performance and mindful practices in the workplace.

      1. Elements of effective self-management in the workplace

      Content/applications, e.g.: self-perception; self-awareness; personal values; learning preferences; personal reflection; communication styles, verbal and non-verbal communication; self-management; stress management; reflective practice.

      Core concepts: perception; perceptual world and filters; habituation; mental sets; conditioning; behaviour modification; cognitive and social learning; reflective thinking.

      2. Elements of effective inter-personal relationships in the workplace

      Content/applications, e.g.: confidence and assertiveness; cultural awareness and sensitivity to diversity factors; inter-cultural communication; teams and team building; team-based and creative decision-making; listening and communicating; handling emotion and conflict. 

      Core concepts: socialisation; behaviour modification; cultural similarities and differences; prejudice; group working.

      3. Individual strategies and techniques for self-development

      Content/applications, e.g.: personal development planning; goal setting; identification of priority learning and training needs; receiving
      feedback; cross-cultural relations.

      Core concepts: motivation and exchange.

      4. Qualities of personal leadership approaches and their impacts on others

      Content/applications, e.g.: influence and persuasion; negotiation; networking; diversity management; managing feedback; co-operation and compromise; goal accomplishment.

      Core concepts: leadership, power; leaderful behaviour. 

      5. Development of continuing professionalism in engaging with others in the workplace

      Content/ applications, e.g.; continuous professional development; ethical principles in the management of others; international and
      global mindsets.

      Core concepts: life-long learning; emotional and social literacy; ethics.

    • Corporate and International Finance

      15 credits
      Autumn Teaching, Year 1

      This module covers the most important topics in corporate finance such as: capital investment decision-taking; financing andcapital structure; risk management; and portfolio theory. You will then analyse issues in international finance including: models of exchange rates; efficiency in foreign exchange markets; monetary unions; and international financial crises.

    • Leading and Managing People

      15 credits
      Autumn Teaching, Year 1

      Learn how to lead and manage people and gain the skills for your future career.

      In this module you study:

      • major contemporary research in leadership and human resource management
      • the relationships that exist within organisations and how organisational members are influenced by: the leader, power, relationships and organisational culture
      • the usefulness and limitations of theories, tools and practice in order to develop critical and analytical skills. 

      You also develop your problem solving skills so that you can develop your own leadership and people management abilities.

    • Business Analysis Report

      45 credits
      Summer Teaching, Year 1

      The main aim of this module is to give you the tools to research and write a study of your own design in the form of a business analysis report. Your study will comprise of an appraisal of corporate financial performance, including interfirm comparison and trend analysis, with reference also to market forecasts and corporate valuation.

      As part of this module, you learn analytical skills, so that you can apply theoretical models to practice in the context of financial appraisal and corporate management strategy.

      In preparation, you critically survey relevant theories and published findings, and employ them to draw conclusions regarding the performance and valuation of competitive firms.

      If you are a sponsored student, you can examine the competitive performance and valuation of your own organisation as part of this module.

    Options

    Alongside your core modules, you can choose options to broaden your horizons and tailor your course to your interests.

    • Business Communication Skills

      15 credits
      Autumn Teaching, Year 1

      In this module, you explore the core concepts and issues in business communication, and raise your awareness of the practical requirements for effective communication in academic and professional contexts in both written and spoken English.

      As part of the module, you gain practical training in the communication skills required to become an expert communicator in business environments.

      Your studies in this module focus on aspects of critical thinking, reading and writing and the conventions and requirements of different genres of business texts.

      You gain extended training in the key linguistic and academic competencies needed to undertake various business communication tasks within the broad theoretical framework of business communication theory.

      This module will be core if your first language is not English, but an option if you are a native English speaker (or have native speaker competence).

    • Management, Innovation and Organisational Performance

      15 credits
      Autumn Teaching, Year 1

      This module aims to help you develop a critical awareness and deep understanding of the principles and practices associated with management and performance excellence, and provides insight into the drive for continuous improvement of products, services and processes for enhanced competitive positioning from effective innovation management.

      The module includes a focus on strategies for sustainable improvement in performance of operating systems, ethical practice, organisational mindset, and planning and control mechanisms employed to effectively manage and monitor socio-economic performance for sustainable business operations.

      By critically assessing the application of a range of tools, techniques and frameworks within a variety of best practice organisations across a number of industry sectors, at both national and international level, you will examine 'value' from a range of stakeholder perspectives.

    • Business Ethics and Corporate Social Responsibility

      15 credits
      Spring Teaching, Year 1

      This module is aimed at students on the range of 'conversion' type of MSc programmes across the department and is delivered in the International Accounting and Governance programme as a core. The focus is on contemporary perspectives and practices within the broadly defined areas of Corporate Social Responsibility and Governance.

      The module starts from the premise that CSR is a contested, problematic and developing area of study. There is an acceptance that an understanding of ethical frameworks is required to inform debate on this subject and that research generated evidence and insights are necessary to substantiate assertion.

      The focus is also practical, and you will individually undertake research into an organisation's orientation and practice towards its stakeholders. A critical and questioning approach to this will be encouraged and required to 'see beyond' the often platitudinous veneer that can characterise this relationship.

      Throughout the module the emphasis will be on devloping your own coherent and informed view of matters such as corporate and governance, together with issues of professional ethics within a globalised context. In particular, we examine the extent to which corporate governance practices are moving towards convergence.

      The coursework requires you to work individually to produce a case study analysis of contemporary stakeholder issues and to thereby further your understanding and exercise research skills and judgement. Supporting and underpinning this is a week by week seminar programme requiring you to ascertain and appreciate your own and others' 'ethical profiles', locate and interpret research-based insights and undertake case study analysis of organisational practices and professional ethical dilemmas.

      An examination will test your grasp of relevant concepts, theory and ability to apply insights.

    • Business Strategy

      15 credits
      Spring Teaching, Year 1

      This course aims to give students a strong grasp of the issues, tools and theoretical perspectives underlying the practice of strategy and its links with management. Using a combination of theory, practice and cases students will learn how to apply principles of strategy to companies.

      The course begins by covering key skills and tools for strategic analysis. These include tools for analysing a firm's macroenvironment and competitive environment, as well as an organisation's own resources and capabilities. It then provides an in-depth summary of the strategy process as it is used by managers, and then discusses the range of theoretical perspectives that inform our understanding of this process.

    • Corporate Governance

      15 credits
      Spring Teaching, Year 1

      This module aims to introduce you to the roles and functions of boards of directors as well as the organisational structure of different types of firms, such as those within extended family networks and those of an entrepreneurial nature. This will involve developing understanding of information management systems and accounting techniques that assist effective board-level decision making as well as in the assessment of board and CEO effectiveness. The relevance of different boards structures will be discussed through a comparison of split boards and supervisory boards and the module will cover contemporary issues such as shareholder activism, the role of family and corporate block-shareholder control. Equally, the importance of worldwide differences in legal and institutional settings and their impact on corporate structure and governance will be discussed. While you will gain appreciation into contemporary issues effecting management structure of major corporations you will also be expected to apply this in real-life topical settings.

    • Entrepreneurial Finance

      15 credits
      Spring Teaching, Year 1

      This module provides you with an understanding of the role finance plays in the survival and growth of small firms. It begins by discussing the challenges of characterising firm growth and how firms use capital to grow, drawing upon empirical evidence on the topic. It then covers the variety of sources firms may use for external capital, including (but not limited to) banks, business angels, venture capitalists and small cap stock markets, and how these investments are valued. It concludes by discussing differences in funding environments for small firms in different countries, and covers the challenges faced by policymakers in developing policy tools to provide support for small firms.

    • Financial Derivatives for Managers

      15 credits
      Spring Teaching, Year 1

      This module provides up-to-date coverage of the main aspects of financial derivatives. Moreover, it gives an overview of the mechanics of futures markets, the hedging strategies using futures, the determination of forward and futures prices, the mechanics of options markets and swaps, and the Greek letters. The module also presents the corner stone of financial derivatives, namely the Black-Scholes-Merton Model.

    • Financial Risk Management (PG)

      15 credits
      Spring Teaching, Year 1

      This module is designed to provide students with a thorough understanding of different risk management techniques used to assess and control risk in the financial sector of the economy. The module covers: operational risk, financial disasters, risk mitigation techniques and credit risk management.

    • Information Systems and Management

      15 credits
      Spring Teaching, Year 1

      You study how Information Systems are used by organisations in commerical, public and voluntary sectors.

      You explore how Information Systems, including cloud computing and social networking, link technology and business strategy, and help to provide sustainable competitive advantage to businesses.

      You develop an understanding of the systems, technologies, concepts, tools, and frameworks needed to deploy, manage, and evaluate technology strategies, and processes, as well as the resources needed to gain competitive advantage.

    • Intercultural Business Communication

      15 credits
      Spring Teaching, Year 1

      Explore culture and communication in a business context.

      In this module, you study intercultural communication, and are expected to read and write critically about key issues in intercultural business communication. You also study the cultural features and conventions, which affect communication at work.

      You are given the opportunity to theoretically and practically explore areas where cultural knowledge impacts effective business communication and intercultural communicative competence.

    • International Entrepreneurship

      15 credits
      Spring Teaching, Year 1

      The focus of this module is on the development and growth of new firms from establishment to the early stages of international development. Much of the core teaching in international business relates to the strategic decisions made by established large firms, but SMEs are increasingly engaged in both foreign trade and investment - as is evidenced by the phenomena of born-global firms, international new ventures, and rapidly internationalising firms. In this context, the links between entrepreneurship, innovation, and internationalisation are crucial.

    • Investments

      15 credits
      Spring Teaching, Year 1

      In this module, you are introduced to finance theory, and its practical applications for investors, analysts and portfolio managers.

      You start with a detailed review of the concepts of risk and return, and an assessment of portfolio theory, the capital asset pricing and other pricing models for risky assets.

      In the second part of the module, you assess market efficiency, pricing anomalies and behavioural finance, and then consider the implications for hedging, speculation and arbitrage.

      In the final part of the module, you look at specific financial instruments including debt markets, foreign exchange markets and derivative markets, including
      options, forwards, futures and swaps.

    • Management of Risk

      15 credits
      Spring Teaching, Year 1

      Risk surrounds us, and risk management is crucial to organisations. This module aims to provide you with an understanding of the nature of risk and the role of risk management in modern organisations. From this, you develop an understanding of key processes involved in developing a risk management plan and techniques used to identify, assess and manage risk.

      We address the various aspects involved in the management of risk in project and operational business environments. Broader issues of technological risk are also addressed. Topics covered include the:

      • external and internal factors that contribute to the emergence and escalation of risks
      • processes required to manage those risk
      • involvement of stakeholder
      • tools and methods applied to identify assess and control risks
      • management of project risks associated with innovation and technology
      • interface between technological risks and their management within society.
    • Managing Complex Projects, Products and Systems

      15 credits
      Spring Teaching, Year 1

      During this module you will address three central issues:

      Organisational capabilities: how organisational forms and capabilities in project management, systems integration and software engineering are essential in the design and production of CoPS. Special emphasis is given to project management capabilities.

      Models of innovation: how industrial structures, product life cycles and innovation management in CoPS differ from the conventional model of innovation often based on the mass production of consumer goods.

      Firm strategy: how firms are changing their strategic positions, building new service capabilities and creating customer-centric organisations to provide bundles of products and services as integrated solutions to their customer's needs.

    • Managing Human Resources

      15 credits
      Spring Teaching, Year 1

    • Managing Operations and Quality (Spring)

      15 credits
      Spring Teaching, Year 1

      This module provides the student with an understanding of how the fundamental principles of operations management can support the improvement of management performance in both public and private organisations. These principles may be applied equally to both manufacturing and service operations.

      Students will develop an understanding of the systemic and interactive nature of operations and quality management problems and their relationship to the external environment, through the application of quantitative and qualitative analytical skills, utilising guided problem-based activities and case study analysis.

      Quality management processes: the ideas, theories and tools that are central to organisational development, change management, and the performance improvements that are generally desired for individuals, teams and organisations will be explored. Methods used to measure organisational performance other than financial output or profit including focusing on the essential activities, resources and other factors that impact on outputs will be analysed and applied.

    • Managing Virtual Projects

      15 credits
      Spring Teaching, Year 1

      Project Management (PM) is a critical area of management as it increases the probabilities of achieving the set goals within a specific timeframe and budget.

      In this module, we will explore the fundamentals of PM as well as why PM is becoming an increasingly important area for organisations. Particular emphasis will be given on the changing nature of PM in view of the changes brought about by the use of technology in today’s organisations.

      In particular, the module will explore key PM theories, project implementation, virtual project teams, virtual project leadership, project communication, and risk management, among other topics.

      The module has practical significance as well, as it will give an opportunity to apply the taught concepts to manage a group project and to then reflect on this in a number of ways. On completion of the module, you will have an increased understanding of PM skills which you will be able to use in your career, be they in a bank, a consulting firm, a charity, a government department, their own company or elsewhere.

    • Marketing

      15 credits
      Spring Teaching, Year 1

      Gone are the stable markets of yesteryear. Today's markets are characterised by rapidly changing customers' wants, accelerating pace of technological advances, and intensifying competition, presenting major challenges for both incumbent and upstart enterprises alike.

      For most organisations, marketing is a major determinant of success. This course is designed to help students develop an appreciation of the role of marketing and the management of marketing functions in the modern organisation. The impact of marketing and the contribution of marketing to organisational performance in the dynamic, globally competitive markets of today will be addressed. The course will also focus on what being market oriented really means, in practice, to organisations operating in manufacturing and service industries, as well as in profit and non-profit enterprises.

      The course will introduce students to the theories, concepts, models, techniques and current best-practices for developing and implementing marketing strategies and actions. Marketing decision-making should not take place in a vacuum. The course will familiarise students with the components of market analysis and strategy development with respect to the organisation, its customers, competitors and collaborators.

      There will be more in depth coverage of marketing implementation and control issues through the concept of the integrated marketing mix: the product/service offering and customer service, communications, pricing and channels.

      Specific learning objectives include: developing knowledge and understanding of key theories, concepts and models in marketing to guide the development and execution of marketing strategies; developing the skills to critically analyse marketing situations facing organisations; gaining understanding of marketing decision options and refining decision-making and analytical skills and developing written and verbal presentational skills relating to marketing case studies.

    • Money and Banking

      15 credits
      Spring Teaching, Year 1

      In this module, you study: 

      • bond, stock and foreign currency markets
      • the role of banks and financial intermediation
      • competition and regulation in banking
      • financial crises
      • the role and policy tools of central banks
      • the role of money and banks in the broader economy.
    • Multinational Financial Management

      15 credits
      Spring Teaching, Year 1

      The main aim of this module is to evaluate the financial decision-making of companies operating internationally, providing an understanding of global capital markets, in the context of international trade patterns, international monetary systems, exchange rate regimes and foreign exchange markets, as well as tax rules and legal and institutional complexities. You will also develop competences in the appraisal of international capital expenditure choices and in the effective implementation of multinational management control systems. In addition, the module considers the political risks faced by multinational enterprises, including firm-specific risk, country risk, and global risk, together with an assessment of the origins and repercussions of the current credit crisis, including the international scale of securitization, and the impact of market failure in international interbank markets on multinational financial management.

      Summary outline: currency regimes and markets and the management of foreign exchange risk; measuring and managing exchange exposure; international financing and capital market integration; the cost of capital for foreign investments; capital budgeting for the multinational corporation; working capital management; taxation and transfer pricing; country risk analysis and the implications of the financial crisis of 2007-09 and module resumé.

    • Research Methods (Finance, Accounting and Banking)

      15 credits
      Spring Teaching, Year 1

      Provide students with the necessary training to undertake research.
      Provide students with an understanding of the relevance and importance of alternative epistemological positions in the social sciences and the nature of both qualitative and quantitative approaches to research.
      Develop students understanding of the nature of research in the social sciences by examining the study skills necessary to manage and undertake a research project.
      Provide students with opportunities to be familiar with frontier empirical and theoretical research.
      Provide students with a good foundation for undertaking a dissertation.

Find out about studying business and management at Sussex, including finance, banking, logistics and entrepreneurship

Entry requirements

A lower second-class (2.2) undergraduate honours degree or above with at least an average mark of 55%, normally with evidence of ability in mathematics or quantitative related areas. Equivalent professional qualifications will also be considered.

This course is now closed for non-EU international applicants. It remains open to UK and EU nationals.

English language requirements

Standard level (IELTS 6.5, with not less than 6.0 in each section)

Find out about other English language qualifications we accept.

English language support

Don’t have the English language level for your course? Find out more about our pre-sessional courses.

Additional information for international students

We welcome applications from all over the world. Find out about international qualifications suitable for our Masters courses.

Pre-Masters in Management and Finance

Need to boost your academic skills for your taught course? Find out more about our Pre-Masters in Management and Finance.

Visas and immigration

Find out how to apply for a student visa


Fees and scholarships

How much does it cost?

Fees

Home: £10,250 per year

EU: £10,250 per year

Channel Islands and Isle of Man: £10,250 per year

Overseas: £17,450 per year

Note that your fees may be subject to an increase on an annual basis.

How can I fund my course?

Postgraduate Masters loans

Borrow up to £10,280 to contribute to your postgraduate study.

Find out more about Postgraduate Masters Loans

Scholarships

Our aim is to ensure that every student who wants to study with us is able to despite financial barriers, so that we continue to attract talented and unique individuals.

Chancellor’s Masters Scholarship (2017)

Open to students with a 1st class from a UK university or excellent grades from an EU university and offered a F/T place on a Sussex Masters in 2017

Application deadline:

1 August 2017

Find out more about the Chancellor’s Masters Scholarship

Postgraduate Economics Scholarship for African students. (2017)

The scholarship is for a student from a sub-Saharan African country studying for either the Development Economics MSc or the Economics MSc

Application deadline:

1 July 2017

Find out more about the Postgraduate Economics Scholarship for African students.

SPRU 50th Anniversary Scholarship (2017)

Five £10,000 scholarships for outstanding applicants who have accepted a place on one of SPRU’s five MSc courses.

Application deadline:

1 July 2017

Find out more about the SPRU 50th Anniversary Scholarship

St. Kovachev Scholarship for International Marketing MSc (2017)

The scholarship is for a UK/EU student studying for the International Marketing MSc.

Application deadline:

1 July 2017

Find out more about the St. Kovachev Scholarship for International Marketing MSc

St. Kovachev Scholarship in Economics MSc or International Business Economics MSc (2017)

The scholarship is for a UK/EU student studying for the Economics MSc or International Business Economics MSc

Application deadline:

1 July 2017

Find out more about the St. Kovachev Scholarship in Economics MSc or International Business Economics MSc

Sussex Graduate Scholarship (2017)

Open to Sussex students who graduate with a first or upper second-class degree and offered a full-time place on a Sussex Masters course in 2017

Application deadline:

1 August 2017

Find out more about the Sussex Graduate Scholarship

Sussex India Scholarships (2017)

Sussex India Scholarships are worth £3,500 and are for overseas fee paying students from India commencing Masters study in September 2017.

Application deadline:

1 August 2017

Find out more about the Sussex India Scholarships

Sussex Malaysia Scholarships (2017)

Sussex Malaysia Scholarships are worth £3,500 and are for overseas fee paying students from Malaysia commencing Masters study in September 2017.

Application deadline:

1 August 2017

Find out more about the Sussex Malaysia Scholarships

Sussex MBA Scholarship (2017)

The Sussex MBA Scholarship is available on a competitive basis to UK, EU and international applicants who have been offered a place on The Sussex MBA.

Find out more about the Sussex MBA Scholarship

Sussex Nigeria Scholarships (2017)

Sussex Nigeria Scholarships are worth £3,500 or £5,000 and are for overseas fee paying students from Nigeria commencing a Masters in September 2017.

Application deadline:

1 August 2017

Find out more about the Sussex Nigeria Scholarships

Sussex Pakistan Scholarships (2017)

Sussex Pakistan Scholarships are worth £3,500 and are for overseas fee paying students from Pakistan commencing Masters study in September 2017.

Application deadline:

1 August 2017

Find out more about the Sussex Pakistan Scholarships

The Hornsey Scholarship (2017)

A £10,000 award for an outstanding student on the MSc in International Accounting and Corporate Governance.

Application deadline:

31 July 2017

Find out more about the The Hornsey Scholarship

How Masters scholarships make studying more affordable

Living costs

Find out typical living costs for studying at Sussex.


Faculty

Meet the people teaching and supervising on your course.

We offer a unique blend of management and finance, giving students a broad range of skills and opening an equally wide range of professional career opportunities.”Bruce Hearn
Senior Lecturer in Accounting and Finance

Careers

Graduate destinations

95% of students from the Department of Business and Management were in work or further study six months after graduating. Our graduates have gone on to jobs including:

  • management information analyst, Credit Suisse
  • service manager, Sussex Partnership NHS Foundation Trust 
  • statistical officer, Chinese Government.

(HESA EPI, Destinations of Post Graduate Leavers from Higher Education Survey 2015)

Your future career

Our MSc is for you if you're aiming for a career in:

  • global business management or management consultancy
  • corporate finance and financial management
  • local and central government.

Working while you study

Our Careers and Employability Centre can help you find part-time work while you study. Find out more about career development and part-time work

“This MSc is the foundation of my success at a multinational firm. Lecturers from across the world facilitated my transition to an aspiring consultant.” Schervin PouyanSenior Consultant, PwC