MSc Finance and Accounting - Extended

Module: 7FC010

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Globally, there has been growing interest in corporate governance as a result of high profile corporate scandals and failures, and concerns about levels of executive pay. Corporate governance is often viewed as the system of rules, practices and processes by which a company is directed and controlled. There are broadly two broad types of corporate governance mechanisms: internal and external. Internal mechanisms include the board of directors, ownership structure of the organisation, capital structure, internal control systems whilst external mechanisms include the law, the market for corporate control and financial markets. This module will thus explore issues in corporate governance and in particular how corporate governance mechanisms may influence corporate performance. The module will also focus on the tasks of the boards of directors and upon the key role the board plays in ensuring sound corporate governance. The module gives you the opportunity to undertake a quantative analysis using a computer statistical package to explore the relationship between corporate governance mechanisms and firm performance. On successful completion of this module, you should have a sound understanding of corporate governance mechanisms, and how good corporate governance can help to improve company performance.

Module: 7FC003

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Small businesses often encounter financial difficulties in maintaining their operations and/or in satisfying their development aspiration. Given the fact that small businesses form the backbone of most economies, the module aims to explore approaches small firms can follow to secure finance to survive and succeed in the hyper-competitive market. Different options of financial support are investigated including: venture capital, angel finance and bank finance as well as trade credit, financial bootstrapping, and small firm loan guarantee scheme. The principal - agent problem and the notion of asymmetric information are discussed, in parallel to the debate on financing special enterprises, such as firms led by women or ethnic minority entrepreneurs. Beyond these, government initiatives and policy agenda are also examined to evaluate the impact of institutional intervention on small business economy.

Module: 7FC002

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Making a sound corporate financial decision in an international environment is a complex activity. Poor financial decisions and strategies could affect organisations not maximising shareholder value. This module enables you to understand the international financial system and apply the various international financial strategies available to international corporate managers.

• Critically evaluate and apply a variety of corporate & international finance and accounting theories in an organisational setting.
• Critically evaluate and appreciate the relevance of accounting information for business performance management.
• Explore a variety of funding sources for a range of organisations and how crafted public policies address the needs of small firms and entrepreneurs.
• Critically assess how the international economic environment affects businesses.
• Develop a range of inter-personal skills that are appropriate for the international workplace. Synthesise relevant critical thinking through academic research completing an independent research project/dissertation at masters level.
• Analyse the different approaches and techniques that facilitate detailed study at the postgraduate level in business and management issues

Location Mode Fee Year Home/EU Full-time £11834 per year 2020-21 Home Full-time £10900 per year 2021-22 International Full-time £14867 per year 2020-21 International Full-time £15500 per year 2021-22

These fees relate to new entrants only for the academic year indicated for entry onto the course, any subsequent years study may be subject to an annual increase, usually in line with inflation.

• Any undergraduate degree from a UK university or overseas equivalent, or a professional qualification and/or experience considered to be equivalent to the above;
• A reference from a tutor who has supervised the applicant’s undergraduate studies and/or employer;
• Students may apply for recognition of prior learning (RPL) subject to the guidelines set out in the RPL Handbook. RPL includes recognition of prior certificated learning and /or accreditation of prior experiential learning.
• Please check our minimum language entry requirements/before submitting your application.
• We offer a range programmes in English as a Foreign Language if you don't meet these requirements

Applications are also welcome from individuals who do not possess the above qualifications but who have significant management experience and are able to demonstrate previous non-certificated learning equivalent to the above. In such cases, admission to the programme will be based on an evaluation of the applicant’s ability to continue to benefit from and achieve the award.

Postgraduate Loan (Home Fee Status):

You may be able to get a postgraduate student loan from Student Finance England of up to £11,750 to help pay for a Master’s degree. Applications are made through Student Finance England and more information on the regulations and eligibility criteria can be found at Masters Loans gov.uk.

* Any RPL will invalidate your eligibility as you must study a minimum of 180 credits

Changes for EU students:

The UK government has confirmed that EU students starting courses from 1 August 2021 will normally be classified as Overseas (International) students for fee purposes. More information about the change is available at UKCISA:

EU citizens living in the UK with 'settled' status, and Irish nationals living in the UK or Ireland, will still be classified as Home students, providing they meet the usual residency requirements, for more information about EU Settlement Scheme (EUSS) click here.

Postgraduate Loyalty Discount:

You can get 20% discount on a taught on-site postgraduate course if you’re a University of Wolverhampton Graduate.

The University offers a generous 20% Loyalty Discount to students progressing from an undergraduate programme to a taught postgraduate programme, where both courses are University of Wolverhampton Awards.

There is no time limit on how long ago you completed your degree as long as this is your first Masters level qualification.

The discount applies to the first year of enrolment only. Students who receive a loyalty discount are not entitled to any further tuition discount or bursary. For full terms and conditions click here.

Self-funded:

If you are paying for the fees yourself then the fees can be paid in 3 instalments: November, January and April. More information can be found by clicking here.

Sponsored - Your employer, embassy or organisation can pay for your Tuition fees:

Your employer, embassy or organisation agrees to pay all or part of your tuition fees; the University will refer to them as your sponsor and will invoice them for the appropriate amount.

We must receive notification of sponsorship in writing as soon as possible, and before enrolment, confirming that the sponsor will pay your tuition fees.

Financial Hardship:

Students can apply to the Dennis Turner Opportunity Fund for help with course related costs however this cannot be used for fees or to cover general living costs.

Charitable Funding:

You might also want to explore the possibility of funding from charitable trusts; please see the following websites Association of Charitable Foundations, Directory of Social Change or Family Action. Most charities and trust funds offer limited bursaries targeted to specific groups of students so you will need to research whether any of them are relevant to your situation.

You can find more information on the University’s Funding, cost, fee and support pages.

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Module: 7FC014

Credits: 30

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Financial management is critical to enterprises. The module aims to introduce different techniques enterprises can use in financial management and evaluate both numerical and theoretical applications of financial management for enterprises. The module will include calculating economic order quantity, optimal cash balance, debt and equity valuations, and optimal capital structure. Agency theory, pecking order logic, and institutional perspective will be introduced as the theoretical underpinning. This is parallel to the debate on finance issues in family firms and women-led enterprises. Government initiatives and policy agenda are also showcased, whilst the impact of institutional intervention is evaluated.

Module: 7AC007

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

The ability to understand, analyse and question financial information is essential to current managers whether they have a financial or general management role. This module enables you to read, analyse and question the information that is provided by the financial accounting system.The areas covered by this module include both the financial and management accounting information which operational managers will need to contend with in the course of their career

Module: 7FC002

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Making a sound corporate financial decision in an international environment is a complex activity. Poor financial decisions and strategies could affect organisations not maximising shareholder value. This module enables you to understand the international financial system and apply the various international financial strategies available to international corporate managers.

Module: 7AC005

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