(MSc) Master of Science
Investment and Wealth Management
Current
University of Essex
University of Essex
Essex Business School
Colchester Campus
Masters
Full-time or part-time
None
MSC N39024
10/05/2023
Details
Professional accreditation
None
Admission criteria
A 2:1 degree, or international equivalent, in a numerate discipline such as: Economics, Finance, Mathematics, Statistics, Science or Engineering.
Or a 2:1 degree, or international equivalent, in any other discipline, which includes at least two modules from the fields of either Quantitative Methods, or Economics, or Finance and/or Investment, or Banking.
IELTS (International English Language Testing System) code
If English is not your first language, we require IELTS 6.5 overall with a minimum component score of 5.5
Additional Notes
The University uses academic selection criteria to determine an applicant’s ability to successfully complete a course at the University of Essex. Where appropriate, we may ask for specific information relating to previous modules studied or work experience.
Course qualifiers
A course qualifier is a bracketed addition to your course title to denote a specialisation or pathway that you have achieved via the completion of specific modules during your course. The
specific module requirements for each qualifier title are noted below. Eligibility for any selected qualifier will be determined by the department and confirmed by the final year Board of
Examiners. If the required modules are not successfully completed, your course title will remain as described above without any bracketed addition. Selection of a course qualifier is
optional and student can register preferences or opt-out via Online Module Enrolment (eNROL).
None
Rules of assessment
Rules of assessment are the rules, principles and frameworks which the University uses to calculate your course progression and final results.
Additional notes
Please refer to the full time version of this course for information on Core and Compulsory modules.
External examiners
Dr Nikolaos Voukelatos
Senior Lecturer in Finance
University of Kent
External Examiners provide an independent overview of our courses, offering their expertise and help towards our continual improvement of course content, teaching, learning, and assessment.
External Examiners are normally academics from other higher education institutions, but may be from the industry, business or the profession as appropriate for the course.
They comment on how well courses align with national standards, and on how well the teaching, learning and assessment methods allow students to develop and demonstrate the relevant knowledge and skills needed to achieve their awards.
External Examiners who are responsible for awards are key members of Boards of Examiners. These boards make decisions about student progression within their course and about whether students can receive their final award.
Programme aims
- To provide students with the opportunity to broaden and deepen their knowledge of advanced concepts in finance and investment.
- To provide students with the opportunity to analyse the role of financial information and data.
- To equip students with a knowledge of advanced research methodologies covering quantitative approaches to empirical research.
- To provide students with the advanced knowledge and skills to enable them to proceed to independent, self-directed research.
- To develop students' critical and analytical skills which will prepare them for employment in the financial or business sectors or an education environment.
Learning outcomes and learning, teaching and assessment methods
On successful completion of the programme a graduate should demonstrate knowledge and skills as follows:
A: Knowledge and understanding
A1: Role and nature of advanced concepts and theoretical models in finance and data analytics
A2: Competing perspectives and associated empirical evidence relating to finance and management issues.
A3: Epistemological and social scientific influences and interpretations of finance and management
A4: An in-depth understanding of the various research methodologies available to investigate finance and management issues and the influences of these methods on the understandings generated.
A5: In-depth understanding of particular areas in which the student has chosen to specialise.
Learning methods
Outcomes A1-A5 are acquired through lectures, seminars, individual tasks, and directed independent study.
The development of the dissertation in consultation with a supervisor provides an additional opportunity for achieving learning outcomes A1-A5.
Lectures and seminars introduce the required theories and understanding to facilitate exploration of the character, contexts, practices and interpretations of finance and investmentrelated issues while demonstrating and encouraging a critical and reflexive approach.
Directed independent study and reading, along with individual tasks, facilitate further exploration of the relevant areas.
Students are expected to extend and enhance the knowledge and understanding they acquire from lectures and classes by regularly consulting library and journal materials relating to course.
Assessment methods
Outcomes A1-A5 are informally assessed via oral presentations.
The associated informal feedback provided enable students to explore and enhance their understandings and develop presentation skills.
Formal: Outcomes A1-A5 are formally assessed via unseen written examinations and coursework assignments.
B: Intellectual and cognitive skills
B1: Capacity to appraise theoretical ideas.
B2: Assimilate and synthesise advanced theories and concepts from a variety of relevant frameworks.
B3: Formulate logical and coherent arguments.
B4: Interpret and critically evaluate empirical evidence.
B5: Plan and undertake a substantial piece of independent research.
Learning methods
Outcomes A1-A5 are acquired through lectures, seminars, individual tasks, and directed independent study.
The development of the dissertation in consultation with a supervisor provides an additional opportunity for achieving learning outcomes A1-A5.
Lectures and seminars introduce the required theories and understanding to facilitate exploration of the character, contexts, practices and interpretations of finance and investmentrelated issues while demonstrating and encouraging a critical and reflexive approach.
Directed independent study and reading, along with individual tasks, facilitate further exploration of the relevant areas.
Students are expected to extend and enhance the knowledge and understanding they acquire from lectures and classes by regularly consulting library and journal materials relating to course.
Assessment methods
Outcomes A1-A5 are informally assessed via oral presentations.
The associated informal feedback provided enable students to explore and enhance their understandings and develop presentation skills.
Formal: Outcomes A1-A5 are formally assessed via unseen written examinations and coursework assignments.
C: Practical skills
C1: Analyse and evaluate financial and management information
C2: Evaluate the strengths and limitations of different approaches to analysing financial and management information and data
C3: Analyse and evaluate financial and management data
C4: Organise and present (orally and in writing) ideas and materials in the chosen modern language(s)
C5: Gathering and processing information from different sources, e.g. doing a bibliographic search in the library, accessing material from online databases and locating and downloading appropriate foreign language materials from the Web
C6: Record and summarise transactions and other economic events
Learning methods
Skills C1 to C5 are acquired and enhanced primarily through the work that students do for their courses, although lectures provide a means for teachers to demonstrate these skills through examples.
Skill C6 is acquired through the work that students do for their dissertation.
The dissertation further provides ample opportunity for students to acquire and develop skills C1 to C5.
Assessment methods
Informal: Skills C1 to C5 are informally assessed through presentations along with the associated informal feedback.
These further enable students to explore and enhance their understandings, and develop research and presentation skills.
Formal: Skills C1 to C5 are formally assessed via unseen written examinations and coursework assignments.
These facilitate demonstration of knowledge of the relevant financial and investment theories and of a critical and reflexive approach to empirical evidence.
Skill C6 is assessed through the dissertation
D: Key skills
D1: Communicate ideas and arguments in a coherent and effective manner.
D2: Use information technology, such as word processing, databases, the web and econometric packages, to download and analyse financial and economic data.
D3: Manipulate numerical data and apply appropriate statistical or econometric techniques
D4: Problem-solving and analytical skills
D5: Time management, task prioritisation and working to deadlines.
Learning methods
Verbal communication skills (D1) are developed primarily through group discussion in the lectures and classes.
Written communication skills (D1) are developed primarily through the AC953 project and individual tasks.
IT skills (D2) are developed as individual tasks require extensive research involving web-based material, internet and various electronic media.
Numeracy and problem solving skills (D3-D4) are developed principally through specific problem based exercises and tasks given to the students.
Planning and organisation, enterprise and resourcefulness (D5) are essential to any learning process dependent on independent study and to some extent individual advice from teachers.
These skills are further developed as students pursue the learning activities associated with their courses.
Assessment methods
The assessment of the majority of key transferable skills forms an integral part of the overall assessment of the finance degree schemes.
However the approach to assessment varies.
Written communication skills, problem solving, numeracy and IT skills are assessed directly throughout the degree programme.
Personal skills are assessed through coursework.
Verbal communication skills are not formally assessed although feedback on communication skills forms part of the formative feedback provided in tutorial sessions.