Centre for Financial and Management Studies

Programme Guide
For entry in 2012/2013 Banking Finance Finance & Financial Law International Management (China) International Business Administration Public Management

www.cems.ac.uk

Programme Guide

Entry Requirements
Banking For the MBA and Diploma programme, you should have at least three years relevant work experience as well as a recognised UK Bachelors degree, or international equivalent, in economics, business administration, accounting or related discipline. Your application may also be considered if you have sufcient relevant work experience and a recognised professional qualication in accounting, banking or another related subject. Finance For the MScs and Diploma programmes, you should have a recognised UK Bachelors degree, or international equivalent, in nance, economics, or another appropriate discipline. Qualications in other subjects will be assessed on their merits. Your application may also be considered if you have previous education and experience, equivalent to a degree-level qualication, which includes suitable preliminary training. Finance & Financial Law For the MSc and Diploma programmes, you should have a recognised UK Bachelors degree, or international equivalent, in nance, economics, or another appropriate discipline. Qualications in other subjects will be assessed on their merits. Your application may also be considered if you have previous education and experience, equivalent to a degree-level qualication, which includes suitable preliminary training. International Management (China) For the MSc and Diploma programmes, you should have a recognised UK Bachelors degree, or international equivalent, in a social science discipline. Qualications in other subjects will be assessed on their merits. Your application may also be considered if you have previous education and experience, equivalent to a degree-level qualication, which includes suitable preliminary training. International Business Administration For the MSc and Diploma programmes, you should have a recognised UK Bachelors degree, or international equivalent, in a social science discipline. Qualications in other subjects will be assessed on their merits. Your application may also be considered if you have previous education and experience, equivalent to a degree-level qualication, which includes suitable preliminary training. Public Management For the MSc and Diploma programmes, you should have a recognised UK Bachelors degree, or international equivalent, in a social science discipline. Qualications in other subjects will be assessed on their merits. Your application may also be considered if you have previous education and experience, equivalent to a degree-level qualication, which includes suitable preliminary training. Individual Professional Awards You should have a recognised UK Bachelors degree, or international equivalent, in an appropriate discipline depending on the modules you are interested in undertaking. Your application may be considered if you have previous education and experience, equivalent to a degreelevel qualication, which includes suitable preliminary training. General requirements For all of our modules you are required to have a high level of English language ability in reading and writing, and in study skills. If your rst degree was not taught in English, you will need to provide evidence of language ability as tested by the British Council or another registered body. For further information visit: www.cems.ac.uk/ regulations.shtml. You are required to have internet access to participate in all of our programmes.

Centre for Financial and Management Studies

Contents

Banking 2
MBA Banking Postgraduate Diploma in Banking 2 2

Finance
MSc Finance: Economic Policy Postgraduate Diploma in Economic Policy MSc Finance: Financial Sector Management Postgraduate Diploma in Financial Sector Management MSc Finance: Quantitative Finance Postgraduate Diploma in Quantitative Finance

4
4 5 6 6 8 8

Finance & Financial Law

MSc Finance & Financial Law Postgraduate Diploma in Finance & Financial Law

10
10 11

International Management (China)

MSc International Management (China) Postgraduate Diploma in International Management (China)

13
13 14

International Business Administration

MSc International Business Administration

16
16

Public Management
MSc Public Policy & Management MSc Public Financial Management Postgraduate Diploma in Public Financial Management Postgraduate Diploma in Policy Studies Postgraduate Diploma in Public Management

19
19 20 21 21 22

Individual Professional Award

24

Programme Guide / Banking

Banking
Our Banking programmes are tailored for nancial-sector professionals and provide training in the principles underlying good banking practice. MBA Banking
Academic Director: Dr Yothin Jinjarak / email: Dr.Yothin.Jinjarak@soas.ac.uk Description Banking sector professionals need to have a wide range of skills and knowledge to equip them to meet the constantly changing challenges facing the nancial sector today. The MBA Banking addresses this need by providing you with the academic principles and knowledge foundations for managing and advising in the banking sector. Careers Successful completion of this Masters programme provides a sound foundation for career progression in banking and the nancial sector. Duration The programme takes a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of six modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/mba.shtml You will study three core modules. - Bank Financial Management - Banking Strategy - Introduction to Valuation You will also choose three elective modules. - Banking & Capital Markets - Bank Regulation & Resolution of Banking Crises - Corporate Finance - Financial Law - Law & Regulation of Electronic Finance & Internet Banking - Macroeconomic Policy & Financial Markets - Risk Management: Principles & Applications

Postgraduate Diploma in Banking

Description This Diploma enables people with specialised skills to develop an understanding of a broader range of subjects involved in modern banking. The programme is especially valuable for people holding a nance-related professional qualication who are employed in banks or other nancial rms. Careers Successful completion of this Diploma programme provides a sound foundation for a career in banking or the nancial sector. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will study one core module. - Banking Strategy You will also choose three elective modules. - Bank Financial Management - Banking & Capital Markets - Bank Regulation & Resolution of Banking Crises - Corporate Finance - Financial Law - Introduction to Valuation - Law & Regulation of Electronic Finance & Internet Banking - Macroeconomic Policy & Financial Markets - Risk Management: Principles & Applications

Centre for Financial and Management Studies

Module descriptions Banking & Capital Markets This module explores the microeconomics of banking from the perspectives of both theory and practice. The range of topics includes: information theory of banks, bubble economy, credit rationing, and banking regulations. Bank Financial Management This module concentrates on the principles of bank management of assets and liabilities. You will learn about the principles of bank balance sheet management and money market operations, as well as liquidity ratios and capital adequacy ratios. You will also study issues of bank supervision and regulation. Bank Regulation & Resolution of Banking Crises The recent banking crisis has motivated heightened discussion of the merits of bank regulations used to minimise the risk of bank distress and intervention tools to mitigate its effects. In this module you will study technical aspects of bank regulation, supervision and intervention to resolve crises. Banking Strategy The module examines bank strategy in the global economy. This module deals with the strategic (as opposed to operational) side of international banking, such issues as how banks are funded, how they acquire loan books, how they enter new markets and how they deal with international regulatory requirements. Corporate Finance By studying this module you will learn how to relate nance theories and practice to the nancing and investing decisions of enterprises in modern economies. Financial Law This module provides an understanding of the essential elements of nancial law, examining the legal principles governing both the relations between nancial institutions and their customers and also the nancial relations between commercial entities. The module is based on English law. It includes such topics as bank deposits and accounts, the law relating to money and payments, and the law covering both secured and unsecured lending. Introduction to Valuation This module introduces you to the core principles of valuation creation. The module discusses the theoretical foundations of valuation methods, based on the seminal contributions by Modigliani and Miller, and examines the interactions between strategy and nance. You will learn how to value a company through detailed examples and by making use of spreadsheet models. Law & Regulation of Electronic Finance & Internet Banking From this module, you will gain a grounding in the legal and regulatory issues concerning electronic banking and nance in different jurisdictions, including in the UK and at EU level. You will also acquire an understanding of the impact that this has on nancial services in general, and their transactional and contractual aspects, in particular. Macroeconomic Policy & Financial Markets This module focuses on the relationship between macroeconomic policies and nancial markets. How do central banks policies on interest rates and credit relate to nancial markets? What is the relationship between budget decit and nancial markets? How do nancial markets relate to investment and savings ow? This module includes both theory and empirical material. Risk Management: Principles & Applications You will study in depth the techniques of risk management in corporations. The module covers the use of derivatives, portfolio allocation, the value of risk, and the management of credit risk and operations risk. It includes cases and applications.

Programme Guide / Finance

Finance
Our Finance programmes provide three alternative pathways designed to suit your skills and objectives, allowing you to deepen your understanding of nancial markets, banks and their relation to economic performance. MSc Finance (major: Economic Policy)
Academic Director: Ms Sonja Ruehl / email: Ms.Sonja.Ruehl@soas.ac.uk Description Designed principally for postgraduates working on economic policy in government, central banks, other public organisations, international institutions and consultancy, this programme will increase your understanding of the principles, applications, and context underlying economic policy, focusing on the nancial aspects of policy making. Careers As a graduate of this programme you will be well prepared for senior positions in government, central banks, other public organisations, international institutions and consultancy. Duration The programme takes a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of eight modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/mscs.shtml You will choose ve core modules. Core modules - Banking & Capital Markets - International Finance - Macroeconomic Policy & Financial Markets - Microeconomic Principles & Policy - Public Financial Management: Revenue - The IMF & Economic Policy You will also choose three modules from the list of electives or core modules. Elective modules - Bank Financial Management - Bank Regulation & Resolution of Banking Crises - Corporate Finance - Corporate Governance - Derivatives - Econometric Analysis & Applications - Econometric Principles & Data Analysis - Finance in the Global Market - Financial Econometrics - Modelling Firms & Markets - Project Appraisal - Risk Management: Principles & Applications - Research Methods - Dissertation

Centre for Financial and Management Studies

Postgraduate Diploma in Economic Policy

Description The Diploma programme focuses on the nancial aspects of policy making, increasing your understanding of the principles, applications and context underlying economic policy. It can also provide a suitable route towards entering the MSc Finance (major: Economic Policy). Careers As a graduate of this programme you will be prepared for a career as an economist in government, central banks, other public organisations, international institutions and consultancy. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will choose four modules. - Banking & Capital Markets - International Finance - Macroeconomic Policy & Financial Markets - Microeconomic Principles & Policy - Public Financial Management: Revenue - The IMF & Economic Policy

Module descriptions Banking & Capital Markets This module explores the microeconomics of banking from the perspectives of both theory and practice. The range of topics includes: information theory of banks, bubble economy, credit rationing, and banking regulations. International Finance In this module you will concentrate on external nance and foreign exchange and relate them to macroeconomic behaviour. You will be introduced to the major institutions of international nance and examine empirical data on the nancial ows of the world. Macroeconomic Policy & Financial Markets This module focuses on the relationship between macroeconomic policies and nancial markets. How do central banks policies on interest rates and credit relate to nancial markets? What is the relationship between budget decit and nancial markets? How do nancial markets relate to investment and savings ow? This module includes both theory and empirical material. Microeconomic Principles & Policy From both traditional and behavioural perspectives you will study the principles underlying consumer demand and producer supply. You will also learn about different market structures and implications of these for the producing and output decisions of rms. Public Financial Management: Revenue The module addresses the theory and practice of public nance with special reference to how governments raise revenues and how they use taxation to pursue policy aims. This module is mainly concerned with taxation, borrowing and aid. The IMF & Economic Policy The module examines the changing roles of the IMF and the nature of the economic principles that it encourages countries to pursue. You will learn about some of the effects that these policies have on the economic environment of business, on the nancial sector and on social conditions.

Programme Guide / Finance

MSc Finance (major: Financial Sector Management)

Academic Director: Dr Yoshikatsu Shinozawa / email: Dr.Yoshikatsu Shinozawa@soas.ac.uk Description Designed to advance a career in management within banks and other nancial rms, this programme enables you to deepen your understanding of the principles, applications, and context underlying decision making in nancial sector management. Careers As a graduate of this programme, you will be well prepared for senior management positions in retail banking, investment banks, fund management, consultancy, central banks and international bodies. Duration The programme takes a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of eight modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/mscs.shtml You will study ve core modules. Core modules - Bank Financial Management - Banking & Capital Markets - Banking Strategy - Corporate Finance - Finance in the Global Market You will also choose three modules from the list of electives or core modules. - Bank Regulation & Resolution of Banking Crises - Corporate Governance - Derivatives - Econometric Analysis & Applications - Econometric Principles & Data Analysis - Financial Econometrics - International Finance - Introduction to Valuation - Macroeconomic Policy & Financial Markets - Microeconomic Principles & Policy - Modelling Firms & Markets - Risk Management: Principles & Applications - The IMF & Economic Policy - Research Methods - Dissertation

Postgraduate Diploma in Financial Sector Management

Description The Diploma programme is designed to provide a strong foundation for a career in banks or other nancial institutions. It enables you to have a greater understanding of the principles, applications, and context underlying decision making in nancial sector management. The programme can also provide a suitable route towards entering the MSc Finance (major: Financial Sector Management). Careers As a graduate of this programme you will be prepared for a career in retail banking, investment banks, fund management, consultancy, central banks and international bodies. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will choose four modules. - - - - Bank Financial Management Banking & Capital Markets Banking Strategy Bank Regulation & Resolution of Banking Crises - Corporate Finance - Finance in the Global Market

Centre for Financial and Management Studies

Module descriptions Bank Financial Management Concentrating on the principles of bank management of assets and liabilities, you will learn about the principles of bank balance sheet management and money market operations, as well as liquidity ratios and capital adequacy ratios. Banking & Capital Markets This module explores the microeconomics of banking from the perspectives of both theory and practice. The range of topics includes: information theory of banks, bubble economy, credit rationing, and banking regulations. Banking Strategy The module examines bank strategy in the global economy. This module deals with the strategic (as opposed to operational) side of international banking, such issues as how banks are funded, how they acquire loan books, how they enter new markets and how they deal with international regulatory requirements. Bank Regulation & Resolution of Banking Crises The recent banking crisis has motivated heightened discussion of the merits of bank regulations used to minimise the risk of bank distress and intervention tools to mitigate its effects. In this module you will study technical aspects of bank regulation, supervision and intervention to resolve crises. Corporate Finance By studying this module you will learn how to relate nance theories and practice to the nancing and investing decisions of enterprises in modern economies. Finance in the Global Market You will study theory and practice which seek to explain the ways in which nance is handled internationally. The module explores the sources of capital for the multinational rm and looks at global nancial markets, including foreign exchange, stocks, bonds and derivatives markets.

Programme Guide / Finance

MSc Finance (major: Quantitative Finance)

Academic Director: Prof. Pasquale Scaramozzino / email: Prof.Pasquale.Scaramozzino@soas.ac.uk Description This programme has been created principally for postgraduates whose work in banks and other nancial institutions requires a knowledge of statistical (particularly econometric) and quantitative approaches to risk and derivatives. It is particularly suitable if you have a rst degree in engineering, applied science, applied mathematics, economics, or similar subjects, but is also suitable for others with quantitative skills. Careers As a graduate of this programme you will be well prepared for senior research and other positions in banking, fund management, consultancy, central banks and international bodies. Duration The programme takes a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of eight modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/mscs.shtml You will study ve core modules. Core modules - Derivatives - Econometric Analysis & Applications - Econometric Principles & Data Analysis - Financial Econometrics - Modelling Firms & Markets - Risk Management: Principles & Applications You will also choose three from the list of electives or core modules. Elective modules - Banking & Capital Markets - Bank Regulation & Resolution of Banking Crises - Corporate Finance - Corporate Governance - Finance in the Global Market - International Finance - Macroeconomic Policy & Financial Markets - Microeconomic Principles & Policy - The IMF & Economic Policy - Dissertation (quantitative topics only)

Postgraduate Diploma in Quantitative Finance

Description The Diploma programme has been created for postgraduates working in banks and other nancial institutions who require a knowledge of statistical (particularly econometric) and quantitative approaches to risk and derivatives. The programme can also provide a suitable route towards entering the MSc Finance (major: Quantitative Finance). Graduates with strong previous quantitative training (such as engineers) and graduates with lower levels of previous training can both benet from the programme by choosing appropriate modules. (The programmes Academic Director will advise you on your module choices.) Careers As a graduate of this programme you will be well prepared for research and other positions in banking, fund management, consultancy, central banks and international bodies. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will choose four modules. - Derivatives - Econometric Analysis & Applications - Econometric Principles & Data Analysis - Financial Econometrics - Modelling Firms & Markets - Risk Management: Principles & Applications

Centre for Financial and Management Studies

Module descriptions Derivatives The expansion of nancial markets since 1973 has been founded on the growth of derivatives. This was made possible by the development of models for valuing derivatives based upon the mathematics and stochastic calculus. In this module you will learn the application of those principles to the valuation of derivatives. Econometric Analysis & Applications This module is designed to follow on from Econometric Principles & Data Analysis. You will learn more advanced techniques of dummy variables, lags and expectations, simultaneous equations models, non-stationary and co-integration and forecasting. Econometric Principles & Data Analysis This module focuses on the use of statistical and mathematical methods in analysing economic data. You will examine the interaction between data and economic theories, with particular attention to hypothesis testing, regression analysis, and the treatment of heteroscedasticity and autocorrelation. Financial Econometrics In this module you will study time series techniques and their application to nancial markets, strengthening your ability to analyse market behaviour. Modelling Firms & Markets This module introduces you to the economics of information and uncertainty. You will gain an understanding of the basic concepts of game theory, examine the problems of private information, and analyse the role of asymmetric information in market interactions. Risk Management: Principles & Applications You will study the techniques of risk management in corporations, including the use of derivatives, portfolio allocation, the value of risk and the management of credit risk and operations risk. It includes cases and applications.

I decided upon the quantitative options, because I wanted the technical skills to understand the new nancial economics. As for the courses themselves they steer a happy medium between the practical and the formal. The courses are in nance not mathematics and the readings are related to the real world! The two assignments per course serve to reinforce the tutorial material. John Beechinor MSc Finance (major: Quantitative Finance)

Programme Guide / Finance & Financial Law

10

Finance & Financial Law

Our Finance & Financial Law programmes uniquely combine nancial principles and applications with current nancial law and regulation. MSc Finance & Financial Law
Academic Directors: Dr Richard Alexander / email: Dr.R.Alexander@soas.ac.uk Dr Federico Mucciarelli / Dr.F.Mucciarelli@soas.ac.uk Description There are rapid and wide-ranging changes in nancial markets around the world and in the legal and regulatory environment in which they operate. This creates a demand for people with expertise in both nance and nancial law. This MSc takes an integrated approach to these two aspects by including risk management, regulation, mergers and acquisitions, initial public offerings, formation of companies and the bank-client relation, bond issues, and loans. It relates to both national and international nance and will introduce you to how nancial and legal principles are applied in practice as well as in theory. Careers Graduates of the MSc Finance & Financial Law nd that their specialist knowledge is in demand by international banks and investment rms, legal practices, and regulatory institutions. Duration The programme takes a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of eight modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/mscs.shtml You will study ve core modules. - - - - Introduction to Law & to Finance Corporate Finance Financial Law Legal Aspects of International Finance - Risk Management: Principles & Applications You will also choose to study three elective modules. - - - - - Bank Financial Management Banking & Capital Markets Corporate Governance Finance in the Global Market Law & Regulation of Electronic Finance & Internet Banking - Legal Aspects of Corporate Finance - Regulation of International Capital Markets - Research Methods - Dissertation

I chose the MSc Finance & Financial Law because I wanted to gain an in-depth technical view of how corporate nance and project nance transactions work from both a nancial and legal point of view. The programme far exceeded my expectations and went into great detail around the legal aspects around the different banking transactions. I can already see the benet on a daily basis at work. Douglas Mundopa, Senior Dealmaker FNB Commercial a division of FirstRand Bank Limited

Centre for Financial and Management Studies

11

Postgraduate Diploma in Finance & Financial Law

Description This Diploma is ideal for those who already have some experience in either law or nance. The ability to weight the choice of modules towards law or nance will mean that students can tailor their learning according to their needs, interests and pre-existing expertise. Careers As a graduate of this programme, you will be well prepared for working in the nancial services sector or as a regulator with responsibility for nancial institutions. The Diploma would also be benecial to existing members of commercial law rms wishing to offer an Module descriptions Introduction to Law & to Finance The rst part of this module provides an introduction to common law. The emphasis is on the fundamental commercial subjects. In the second part, you will be introduced to the main ideas and methods in mathematics that are used in nancial analysis. Note that both parts of the module are compulsory for all students, regardless of your previous qualications. Corporate Finance By studying this module you will learn how to relate nance theories and practice to the nancing and investing decisions of enterprises in modern economies. Finance in the Global Market You will study theory and practice which seek to explain the ways in which nance is handled internationally. The module explores the sources of capital for the multinational rm and looks at global nancial markets, including foreign exchange, stocks, bonds and derivatives markets. Financial Law This module provides an understanding of the essential elements of nancial law, examining the legal principles governing both the relations between nancial institutions and their customers and also the nancial relations between commercial entities. The module is based on English law. It includes such topics as bank deposits and accounts, the law relating to money and payments, and the law covering both secured and unsecured lending. Legal Aspects of International Finance This module covers the legal aspects that complement the nancial modules: Finance in the Global Market and Banking & Capital Markets. The teaching is based on English law and makes reference to the law of other jurisdictions where this is relevant. You will be shown how contractual principles are applied to commercial fundraising transactions and how to differentiate between legal principles and the market practices that shape these transactions. Risk Management: Principles & Applications You will study the techniques of risk management in corporations in depth. The module covers the use of derivatives, portfolio allocation, the improved service to clients in the nancial sector, or for nanciers wishing to enter such sectors as compliance or begin careers in the government service. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will study one core module. - Introduction to Law & to Finance You will also choose to study three elective modules. - Corporate Finance - Financial Law - Legal Aspects of International Finance - Risk Management: Principles & Applications

Programme Guide / Finance & Financial Law

12

value of risk, and the management of credit risk and operations risk. It includes cases and applications. Banking & Capital Markets In this module, you will analyse the environment of international management. You will look at global nancial markets, including forex, bond and derivative markets, international nancial instruments, international banking and the nancial and legal aspects of regulation. Bank Financial Management This module concentrates on the principles of bank management of assets and liabilities. You will learn about the principles of bank balance sheet management and money market operations, as well as liquidity ratios and capital adequacy ratios. You will also study issues of bank supervision and regulation. Law & Regulation of Electronic Finance & Internet Banking From this module, you will gain a grounding in the legal and regulatory issues concerning electronic banking and nance in different jurisdictions, including in the UK and at EU level. You will also acquire an understanding

of the impact that this has on nancial services in general, and their transactional and contractual aspects, in particular. Regulation of International Capital Markets You will study the regulatory issues that relate to the international capital markets and to several important domestic and regional capital markets, such as the US, the UK, and the EU. Corporate Governance The legal, political and economic features of major corporate governance systems are analysed in this module. You will examine how corporate governance systems inuence the performance of individual rms and the allocation of capital within a country, as well as the evolution of diverse ownership and governance structures across different economies. Legal Aspects of Corporate Finance The essential legal principles relating to the incorporation, running and nancing of companies are the subject of this module. The teaching is based on English law as it forms the model for the company law structures of many jurisdictions around the world.

Research Methods This module will provide you with a thorough understanding of the theoretical concepts, methodological approaches and reporting issues that underpin good quality research, and has a special emphasis on how to evaluate the merits of existing research. Completion of this module is a prerequisite if you have decided to write a dissertation. Dissertation The dissertation is a supervised piece of research on a topic that we will agree with you. It should be 10,000 words long. Before we can consider a proposal to submit a dissertation, we will need to review your academic performance so far. Completion of the Research Methods module is a prerequisite for writing the dissertation.

Centre for Financial and Management Studies

13

International Management (China)

Both programmes will help you develop management skills that can be applied worldwide and increase your understanding of the Chinese business environment. MSc International Management (China)
Academic Director: Dr Damian Tobin / email: Dr.D.Tobin@soas.ac.uk Description Multinational companies and rms throughout the world have a growing need for senior personnel with high quality management skills and an in-depth knowledge. The MSc International Management (China) responds to the need created by the emergence of China as a leading economy in the global supply chain. This MSc gives you the opportunity to study the interplay between the global, local and cross-cultural factors that inuence management decisions in China-related business. Careers As a graduate of this programme, you will be well prepared for a senior position in large corporations, banks, nancial services companies, business and management consultancies, regulatory authorities and international organisations. Duration The programme takes a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of eight modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/mscs.shtml You will study ve core modules. - Cross-Cultural Management - International Management - Management in China: Domestic Development - Management in China: International Perspectives - Topics in the Chinese Economy You will also choose three elective modules. - - - - - Corporate Finance Corporate Governance Finance in the Global Market Financial Reporting International Human Resource Management - Introduction to Valuation - Risk Management: Principles & Applications - Research Methods - Dissertation

Programme Guide / International Management (China)

14

Postgraduate Diploma in International Management (China)

Description The rapid growth of the Chinese economy and its increasing importance in the global economy has resulted in a growing demand for people with advanced degrees in management and an understanding of the business culture and management issues in China. This Postgraduate Diploma responds to this demand. You will study the interplay between domestic development and the international perspective in Chinas economy and develop your understanding of management topics from an international and cross-cultural perspective. Careers As a graduate of this programme, you will be well prepared for management-level positions in large corporations, banks, nancial services companies, business and management consultancies, regulatory authorities and international organisations, particularly those with an emphasis on, or presence in, China. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will study three core modules. - International Management - Management in China: Domestic Development - Management in China: International Perspectives You will also choose one elective module. - - - - - - Corporate Finance Corporate Governance Cross-Cultural Management Finance in the Global Market Financial Reporting International Human Resource Management - Risk Management: Principles & Applications - Topics in the Chinese Economy

Module Descriptions Corporate Finance By studying this module you will learn how to relate nance theories and practice to the nancing and investing decisions of enterprises in modern economies. Corporate Governance This module will teach you how to analyse the legal, political and economic features of major corporate governance systems. You will examine how these systems inuence the performance of individual rms and the allocation of capital within a country and investigate the evolution of diverse ownership and governance structures across different economies. Cross-Cultural Management You will study the importance of culture in management and develop skills that will help you to analyse when national culture is, and is not, an inuence on decision-making. Finance in the Global Market You will study theory and practice which seek to explain the ways in which nance is handled internationally. The module explores the sources of capital for the multinational rm and looks at global nancial markets, including foreign exchange, stocks, bonds and derivatives markets. Financial Reporting This module focuses on international nancial reporting with emphasis on recognition and measurement of assets and liabilities. The module looks at analysis of a range of contemporary accounting issues within theoretical frameworks such as agency theory and from the perspective of the conceptual framework used in setting accounting standards. International Human Resource Management This module introduces you to the basic concepts of international human resource management and will survey the span of British and

Centre for Financial and Management Studies

15

American human resource systems and consider how far British and American concepts of HR apply in a Chinese context. International Management You will look at the organisational forms that enable international businesses to seize new opportunities; how the strategic plans of multinational companies are implemented in their foreign subsidiaries and in joint ventures, and how the hazards of operating in unfamiliar territories are mitigated. Introduction to Valuation This module introduces you to the core principles of valuation creation. The module discusses the theoretical foundations of valuation methods, based on the seminal contributions by Modigliani and Miller, and examines the interactions between strategy and nance. You will learn how to value a company through detailed examples and by making use of spreadsheet models. Management in China: Domestic Development You will explore the major domestic issues that have inuenced the development and growth of Chinas economy and the challenges that

lie ahead. Topics include Chinas development strategy, the role of the state, the rapid growth of the private sector, reforms in management practices, and nancial market and exchange rate policies. Management in China: International Perspectives You will study recent and contemporary developments in Chinese management practices. You will focus particularly on policies for trade, foreign direct investment and technology transfer, and on the relationship between the PRC, Hong Kong and Taiwan, as well as how international businesses deal with the art of Chinese negotiation. Risk Management: Principles & Applications You will study the techniques of risk management in corporations in depth. The module covers the use of derivatives, portfolio allocation, the value of risk, and the management of credit risk and operations risk. Topics in the Chinese Economy You will gain an extensive knowledge of a wide range of economic and social issues concerning the contemporary business environment in China. Topics include population,

migration and labour; rural development; agriculture and food security; energy needs; the environment; living standards; and cross-strait trade relations with Taiwan. It will also examine Chinas future growth trajectory. Research Methods This module will provide you with a thorough understanding of the theoretical concepts, methodological approaches and reporting issues that underpin good quality research. Completion of this module is a prerequisite for writing the dissertation. Dissertation The dissertation is a supervised piece of research on a topic that we will agree with you. It should be 10,000 words long.

The programme has been incredibly benecial I have learned a great deal that has aided my work Jonathan Macha MSc International Management (China)

Programme Guide / International Business Administration

16

International Business Administration

This innovative programme looks to developing and harnessing regional knowledge and international business skills to understand and respond to global business development opportunities and challenges. MSc International Business Administration
Academic Director: Dr Damian Tobin / email: Dr.D.Tobin@soas.ac.uk Description International businesses have a growing need for senior personnel with high quality management skills and specialist regional knowledge. As the regions of Asia and of Africa take roles as leading and emerging economies in the world, this MSc International Business Administration responds to this need. Students will study the interplay between global and local factors that inuence management decisions in business. Careers As a graduate of this programme, you will be well prepared for a senior position in corporations, banks, nancial services companies, business consultancies, regulatory authorities and international organisations. Duration This new programme will be available to commence study in May 2013. The programme will take a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of eight modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/mscs.shtml You will study two core modules. - International Business Strategy - Managing the Trans-National Corporation You will also choose six elective modules. At least two will be from the International Business modules and at least two from Regional Focus. International Business modules: - Banking Strategy - Corporate Finance - Corporate Governance - Finance in the Global Market - Financial Reporting - Introduction to Valuation - Management Accounting - Management Information & Information Systems - Risk Management: Principles & Applications Regional Focus modules: - The Economy of China AND - Management in China - The Economy of Sub-Saharan Africa AND - Management in Sub-Saharan Africa Research: - Research Methods - Dissertation

This Programme will become available to study from May of 2013. Applications will open in September 2012.

Centre for Financial and Management Studies

17

Module Descriptions Banking Strategy This module looks at how banks acquire and retain customers. Students will examine how banks use acquisition and organic expansion in order to increase their market share and how choice of expansion mode affects organisational and governance structures. Topics covered include the acquisition and use of depository funds; interest rate risk; and managing liquidity, credit and capital risk. Case studies are used to show how banks nance international acquisitions and what happens when these go wrong. The module will also examine how banks manage the changing regulatory environment. Corporate Finance By studying this module you will learn how to relate nance theories and practice to the nancing and investing decisions of enterprises in modern economies. Corporate Governance This module will teach you how to analyse the legal, political and economic features of major corporate governance systems. You will examine how these systems inuence the performance of individual rms and the allocation of capital within a country and investigate the evolution of diverse ownership and governance structures across different economies. Finance in the Global Market You will study theory and practice which seek to explain the ways in which nance is handled internationally. The module explores the sources of capital for the multinational rm and looks at global nancial markets, including foreign exchange, stocks, bonds and derivatives markets. Financial Reporting This module focuses on international nancial reporting with emphasis on recognition and measurement of assets and liabilities. The module looks at analysis of a range of contemporary accounting issues within theoretical frameworks such as agency theory and from the perspective of the conceptual framework used in setting accounting standards. International Business Strategy You will look at the organisational forms that enable international businesses to seize new opportunities; how the strategic plans of multinational companies are implemented in their foreign subsidiaries and in joint ventures, and how the hazards of operating in unfamiliar territories are mitigated. Introduction to Valuation This module introduces you to the core principles of valuation creation. The module discusses the theoretical foundations of valuation methods, based on the seminal contributions by Modigliani and Miller, and examines the interactions between strategy and nance. You will learn how to value a company through detailed examples and by making use of spreadsheet models. Management Accounting This module aims to provide an advanced overview of current developments in thought and practice of management accounting, strategy, and organisational control. Emphases are given to the economic and behavioural analysis of management accounting issues and to strategic and organisational aspects of control systems design. Management in China You will study recent and contemporary developments in Chinese management practices using a variety of case-based and theoretical approaches. You will focus particularly on policies for trade, foreign direct investment and technology transfer, and on the relationship between the PRC, Hong Kong and Taiwan. You will also look at how at international businesses manage their operations in China including the effects of changing policy priorities, business negotiations and joint ventures. Management Information & Information Systems Information management is central to all businesses. Successful business relies on effective design and management of systems to capture and manage data. This module offers a strategic view of information systems, rather than the mechanics of hardware and software solutions. Management in Sub-Saharan Africa As part of this module you will study emerging developments in management practices across the Sub-Saharan region. The module combines general trends in trade and investment with specic studies of business management.

Programme Guide / International Business Administration

18

It focuses on the factors that create successful businesses in Africa, and the specic business conditions on the continent. Managing the Trans-National Corporation You will study the Trans-National Corporation (TNC) as a distinct social, cultural and strategic entity. Topics covered include how TNCs resolve the tension between centralisation and decentralisation; the structural alternative available to TNCs and their effect on governance, innovation and performance; and the importance of culture in management. Risk Management: Principles & Applications You will study the techniques of risk management in corporations in depth. The module covers the use of derivatives, portfolio allocation, the value of risk, and the management of credit risk and operations risk.

The Economy of China You will gain an extensive knowledge of a wide range of economic and social issues concerning the contemporary business environment in China. Topics include population, migration and labour; rural development; agriculture and food security; energy needs; the environment; living standards; and cross-strait trade relations with Taiwan. It will also examine Chinas future growth trajectory. The Economy of Sub-Saharan Africa The module provides an in-depth understanding of the main topics of debate on economic and social development and the business environment in Sub-Saharan Africa. The module focuses on a broad range of topics including agriculture, labour markets, banking and micronance, investment, governance and growth prospects. It draws on studies of specic industrial sectors and countries.

Research Methods This module will provide you with a thorough understanding of the theoretical concepts, methodological approaches and reporting issues that underpin good quality research. Completion of this module is a prerequisite for writing the dissertation. Dissertation The dissertation is a supervised piece of research on a topic that we will agree with you. It should be 10,000 words long.

Centre for Financial and Management Studies

19

Public Management
Successful managers, politicians and professionals running public organisations need to have a range of skills and knowledge and a critical awareness of the challenges facing them. This programme offers both technical education and critical and comparative material about how the public sector is managed across the world. MSc Public Policy & Management
Academic Director: Dr Alberto Asquer / email: Dr.Alberto.Asquer@soas.ac.uk Director CeFiMS: Norman Flynn / email: Mr.N.Flynn@soas.ac.uk Description This programme will provide you with the analytical tools that you need to understand the principles and methods of modern public policy and management. The programme will enable you to make management decisions and policy choices in the nancing and management of infrastructure and services in the public sector. The structure of the programme is designed to enable you to select a pathway that is best suited to your specialism, skills and objectives. You can choose eight modules in any combination. Careers As a graduate of this programme you will be well prepared for senior positions in national and sub-national government sectors, international organisations, regional development and aid agencies, and NGOs. Duration The programme takes a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of eight modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/mscs.shtml You will choose eight modules. - Public Policy & Management: Perspectives & Issues - Decentralisation & Local Governance - Environmental & Social Impact Assessment - Human Resource Management & Development - E-Government - Managing Organisational Change - Privatisation & Public-Private Partnerships - Project Appraisal - Public Financial Management: Audit & Compliance - Public Financial Management: Financial Reporting (IPSAS) - Public Financial Management: Planning & Performance - Public Financial Management: Revenue - Public Policy & Management: Development Assistance - Public Policy & Strategy - The IMF & Economic Policy - Research Methods - Dissertation

Programme Guide / Public Management

20

MSc Public Financial Management

Academic Director: Norman Flynn / email: Mr.N.Flynn@soas.ac.uk Description This programme will provide you with skills and knowledge in the eld of public nance. It ranges across all applications, whether in budgeting, revenue policy, nancial reporting and audit, compliance or where nancial matters take a central position in policy, such as in public-private partnerships or scal decentralization. Careers This degree is suitable for people working in central Finance Ministries, or in nancial management roles in line Ministries, sub-national governments or nancial scrutiny functions in Parliaments or Supreme Audit Institutions. It will also be valuable for people working in consultancy and advisory functions, and in international nancial institutions. Duration This new programme will be available to commence study in May 2013. The programme will take a minimum of two calendar years to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme Structure You will study four core modules and select four electives. The electives can include study of Research Methods and a Dissertation, taken as two modules. You will choose four core modules. - Macroeconomic Policy & Financial Markets - Public Financial Management: Financial Reporting (IPSAS) OR Financial Reporting (IFRS) - Public Financial Management: Planning & Performance - Public Financial Management: Revenue This Programme will become available to study from May of 2013. Applications will open in September 2012. You will choose four elective modules. - Decentralisation & Local Governance - Management Accounting - Privatisation & Public Private Partnerships - Project Appraisal - Public Financial Management: Audit & Compliance - Public Policy & Management: Development Assistance - The IMF & Economic Policy - Research Methods - Dissertation

The experience of studying and obtaining the MSc Public Policy & Management was one of the best experiences in my career development life. The approach used is so effective and encouraging that it enabled me, at a considerably late stage in my career, to obtain the Masters degree. Since my graduation, I have been promoted to the level of Associate Director. I encourage everyone, everywhere in the world to try postgraduate studies by distance learning; they will not be disappointed! Susan Mahembe, Associate Director Bank of Tanzania Training Institute MSc Public Policy & Management

Centre for Financial and Management Studies

21

Postgraduate Diploma in Public Financial Management (Endorsed by ACCA)

Description Organisations need managers with a thorough understanding of public nance so that they can make nancial decisions and design and operate nancial systems for collecting, spending and accounting for public expenditure. Depending on which electives you choose, this programme will enable you to make decisions about investment projects, when and how to use privatisation and public-private partnerships, budgeting, nancial reporting and audit, and how to manage the nancial relationships between national and sub-national governments. Careers Students of this programme will receive an invaluable preparation for high-level appointments in government, public services, international organisations and NGOs. The programme is endorsed by the Association of Chartered Certied Accountants (ACCA). If you are already an ACCA member the qualication will be a useful way to improve your expertise to enable you to practice in government nance. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will choose four modules. - Decentralisation & Local Governance - Environmental & Social Impact Assessment - Privatisation & Public-Private Partnerships - Project Appraisal - Public Financial Management: Audit & Compliance - Public Financial Management: Financial Reporting (IPSAS) OR Financial Reporting (IFRS) - Public Financial Management: Planning & Performance - Public Financial Management: Revenue - Public Policy & Management: Development Assistance

Postgraduate Diploma in Policy Studies

Description Formulated for people working in policy-making and advisory capacities, the Postgraduate Diploma in Policy Studies provides an overview of the variety of approaches to public policy and management, from a historical and comparative perspective. The modules move through techniques of policy analysis and implementation to discussion of particular policy issues. The module materials cover a range of policy issues and a variety of socio-economic contexts, levels of government and regime types. Career Graduates in Policy Studies are likely to work within national or subnational governments; international organisations, which offer help to governments; consultancies working on public sector analysis and reform; and NGOs operating in development and service delivery elds. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will choose four modules. - Public Policy & Management: Perspectives & Issues - Decentralisation & Local Governance - Privatisation & Public-Private Partnerships - Public Policy & Management: Development Assistance - Public Policy & Strategy - The IMF & Economic Policy

Programme Guide / Public Management

22

Postgraduate Diploma in Public Management

Description Public sector organisations need good managers. This Postgraduate Diploma prepares you for managing and advising in public sector organisations. There is an emphasis on managing people, leadership, managing change and designing and using information systems. Careers By following this programme you will be well qualied for senior positions in government public services, international organisations and NGOs. Duration The programme takes a minimum of one calendar year to complete. Each of the modules lasts eight weeks. You are registered for a maximum of ve years. Programme structure The programme is made up of four modules. For a more detailed description of the modules available, visit: www.cems.ac.uk/ programmes/diplomas.shtml You will choose four modules. - Public Policy & Management: Perspectives & Issues - Human Resource Management & Development - E-Government - Managing Organisational Change - Public Policy & Management: Development Assistance

Module descriptions Public Policy & Management: Perspectives & Issues You will be introduced to the main principles and techniques of public policy and management. The module examines the scope and functions of government in a critical and comparative way, ideal types of management and policy transfer as well as introducing policy evaluation. Decentralisation & Local Governance You will study the scal and policy relationships between local and sub-national government. The module explores democracy and public participation in the policy process, local poverty reduction and local economic development. E-Government Information and communication technologies are prevalent in government, in administration, democratic processes and service delivery. This module offers a strategic view of the design and implementation of systems for governments at national and subnational levels. It also offers ways to avoid ICT failures. Environmental & Social Impact Assessment This module will give you a theoretical and applied background to environmental and social impact analysis a requirement for a wide range of investment projects in both the public and private sectors. The module also introduces tools that are used to support ESIA, ways of improving the effectiveness of ESIA, and other techniques, used to investigate the environmental and social implications of projects and other initiatives. Human Resource Management & Development You will study the management of people in public organisations as well as models of human resource management and development. Other topics studied include job analysis, career management, recruitment and selection, performance management and appraisal, training and development and rewards management. Macroeconomic Policy & Financial Markets This module focuses on the relationship between macroeconomic policies and nancial markets. How do central banks policies on interest rates and credit relate to nancial markets? What is the relationship between budget decit and nancial markets? How do nancial markets relate to investment and savings ow? This module includes both theory and empirical material. Managing Organisational Change This module investigates the environment of public organisations and relates the management of organisational change to

Centre for Financial and Management Studies

23

sociological and socio-psychological analysis of organisational behaviour and organisational culture. Privatisation & Public-Private Partnerships This module looks at a variety of innovations for producing public services. These range from privatisation to partnerships with private and voluntary organisations. The module will enable you to undertake the analysis necessary to make the best choice of method, and to begin the process of implementation. Project Appraisal This module will provide you with the skills and tools to assess investment projects both from a nancial and economic perspective, including risk assessment. It covers the methods of project appraisal as aids to decision making. Public Financial Management: Audit & Compliance You will learn the uses and methods of audit, as a tool to ensure compliance and as part of governments efforts to improve performance. You will learn about both internal and external audit and about the role and functions of supreme audit institutions. Public Financial Management: Financial Reporting (IPSAS) OR Financial Reporting (IFRS) Financial reporting standards vary by country. These two modules, which are offered as alternatives, cover the nancial accounting and reporting standards used in the public sector, as prescribed by the International Public Sector Accounting Standards Board OR the standards prevalent in

the private sector and some public jurisdictions, as laid down in the International Financial Reporting Standards. You should choose one module according to which set of standards are in operation where you work, or intend to work. Public Financial Management: Planning & Performance You will be introduced to the methods and issues of public nancial management. The module examines cost management, budgeting, expenditure control techniques and performance budgeting. Public Financial Management: Revenue The module addresses the theory and practice of public nance with special reference to how governments raise revenues and how they use taxation to pursue policy aims. This module is mainly concerned with taxation, borrowing and aid. Public Policy & Management: Development Assistance Development assistance is an important part of donor countries foreign policy and can be a signicant source of revenue for recipients. In this module you will study the history of development assistance and assess the impact that receiving aid has on countries in terms of their development, rate of economic growth, labour market, quality of governance, government accountability and policy implementation. Public Policy & Strategy You will cover the policy process, from problem denition and measurement, option appraisal

and assessment, to implementation and evaluation, and use case studies from a variety of different settings. While it follows the rational model, it also assesses critically how and where such a model does and does not apply, and covers approaches to strategic management techniques in the public sector. The IMF & Economic Policy The module examines the changing roles of the IMF and the nature of the economic principles that it encourages countries to pursue. You will learn about some of the effects that these policies have on the economic environment of business, on the nancial sector and on social conditions. Research Methods This module will develop your research skills which you can apply later to consultancy and research projects. It will provide you with a thorough understanding of the theoretical concepts, methodological approaches and reporting issues that underpin good quality research, and has a specic emphasis on how to evaluate the merits of existing research. Completion of this module is a prerequisite if you have decided to write a dissertation. Dissertation The dissertation is a supervised piece of research on a topic that we will agree with you. It should be 10,000 words long. Before we can consider a proposal to submit a dissertation, we will need to review your academic performance so far. Completion of the Research Methods module is a prerequisite for writing the dissertation.

Programme Guide / Individual Professional Award

24

Individual Professional Award

To benet from a specialist module or as a prelude to taking one of our programmes, any of our modules can be taken individually.
The Individual Professional Award programme offers a very effective form of exible professional education. Our modules are designed to each rigorously explore themes in depth. The modules have all been designed by professionals whose own research is at the forefront of current thinking. Taking one or two modules can be a very useful way of recognising whether the modules in our programmes are right for you and of testing whether distance learning is the method best suited to your needs. When you complete an IPA successfully you will be awarded a University of London certicate. If the IPA is related to a module on the MSc or Postgraduate Diploma that you want to enrol on and you have achieved a pass mark of 50% or more, then you can be awarded academic credit towards that programme. Duration Each module lasts eight weeks and examinations are held during October. You are registered for a maximum of two years. Programme structure You can choose modules from any of the distance learning programmes that we offer. You may take up to three individual modules in total. For a more detailed description of the modules available, visit: www.cems.ac.uk/programmes/ ipa.shtml Available modules: - Bank Financial Management - Bank Regulation & Resolution of Banking Crises - Banking & Capital Markets - Regulation of International Capital Markets - Banking Strategy - Corporate Finance - Corporate Governance - Derivatives - Microeconomic Principles & Policy - Modelling Firms & Markets - International Finance - Econometric Principles & Data Analysis - Econometric Analysis & Applications - Risk Management: Principles & Applications - Finance in the Global Market - Financial Econometrics - Financial Law - Financial Reporting - Introduction to Law & to Finance - Introduction to Valuation - Law & Regulation of Electronic Finance & Internet Banking - Legal Aspects of Corporate Finance - Legal Aspects of International Finance - Macroeconomic Policy & Financial Markets - Management Accounting - Management in China - The Economy of China - The IMF & Economic Policy - Management in Sub-Saharan Africa - The Economy of Sub-Saharan Africa - Management Information & Information Systems - Managing Organisational Change - International Human Resource Management - Human Resource Management & Development - Cross-Cultural Management - Decentralisation & Local Governance - Privatisation & Public Private Partnerships - Project Appraisal - Environmental & Social Impact Assessment - Public Financial Management: Audit & Compliance - Public Financial Management: Financial Reporting (IPSAS) - Public Financial Management: Financial Reporting (IFRS) - Public Financial Management: Planning & Performance - Public Financial Management: Revenue - Public Policy & Management: Development Assistance - Public Policy & Management: Perspectives & Issues - Public Policy & Strategy - E-Government - Research Methods

Centre for Financial and Management Studies

25

Fees*
You have the option to pay some or all of your module fees at the outset (thus avoiding any subsequent rise in fees) or you can pay for each module each time you enrol in a study session. MSc (8 modules) PG Dip (4 modules) IPA (1 module) Banking MBA (6 modules) Registration fee Module fee Total PG Dip (4 modules) Registration fee Module fee (x4 modules) Total 1,090 1,145 7,960 765 1,145 5,345 9,840 4,920 1,230

Applying
You can apply to start in November, January or June. Applying online is easy. The online application form is available at www.cems.ac.uk/dl registry/dl apply.shtml. This enables you to send an electronic form directly to us and ensures that you do not have to wait long for a decision.

Module assessment
For each module that makes up your programme, you will complete two assignments each worth 15% of your total marks. You will be expected to submit your rst assignment by the Tuesday of Week 5, and the second assignment at the end of the module, on the Tuesday after Week 8. You will also sit a three-hour examination scheduled in October, worth 70% of your total module mark.

When can I take my module?

Each module lasts eight weeks. We divide the year into four sessions in which we offer modules that make up the programme you have chosen. Each module is typically available in at least two sessions. You may study one module per session. To nd out when modules are available, visit: www.cems.ac.uk/ studycalendars.shtml

Find out more

For more information, visit our website www.cems.ac.uk where details of all our programmes, fees, application deadlines and admissions procedures can be found.

* We incorporate all of the module costs into your module fees; however, you may incur additional costs depending on your country of residence, such as: - Fees paid to local examination centres for sitting your exams - Customs duties/taxes where these are payable on educational materials

Contact us
tel +44 (0)20 7898 4050 fax +44 (0)20 7898 4089 email enquiries@cems.ac.uk Centre for Financial and Management Studies SOAS | University of London Thornhaugh Street, Russell Square London, WC1H 0XG, UK www.cems.ac.uk

Learning hours
You will need to allocate at least 15 to 20 hours a week to complete the modules. It is a good idea to plan your study periods to coincide with times of the year when you may be less busy. You should also make sure that you have adequate time to prepare for the exams held in October.

Centre for Financial and Management Studies SOAS | University of London Thornhaugh Street, Russell Square London, WC1H 0XG, UK tel +44 (0)20 7898 4050 fax +44 (0)20 7898 4089 email enquiries@cems.ac.uk

www.cems.ac.uk