cefims programme guide 2013

8/13/2019 CeFiMS Programme Guide 2013

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Centre forFinancial andManagement Studies

www.cefims.ac.uk

For entry in 2012/2013

Programme

Guide

BankingFinance

Finance & Financial Law

International Management (China)

International Business Administration

Public Management


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Entry Requirements

Banking

For the MBA and Diploma programme,

you should have at least three yearsrelevant work experience as well as arecognised UK Bachelors degree, orinternational equivalent, in economics,

business administration, accountingor related discipline. Your applicationmay also be considered if you havesufficient relevant work experience

and a recognised professionalqualification in accounting, bankingor another related subject.

Finance

For the MScs and Diplomaprogrammes, you should have arecognised UK Bachelors degree,

or international equivalent, in finance,economics, or another appropriate

discipline. Qualifications in othersubjects will be assessed on theirmerits. Your application may alsobe considered if you have previous

education and experience, equivalentto a degree-level qualification, which

includes suitable preliminary training.

Finance & Financial Law

For the MSc and Diplomaprogrammes, you should have arecognised UK Bachelors degree,or international equivalent, in finance,

economics, or another appropriatediscipline. Qualifications in othersubjects will be assessed on theirmerits. Your application may alsobe considered if you have previous

education and experience, equivalentto a degree-level qualification, whichincludes suitable preliminary training.

International Management (China)

For the MSc and Diploma

programmes, you should have arecognised UK Bachelors degree,

or international equivalent, in a socialscience discipline. Qualifications inother subjects will be assessed ontheir merits. Your application may alsobe considered if you have previous

education and experience, equivalent

to a degree-level qualification, whichincludes suitable preliminary training.

International Business

Administration

For the MSc and Diplomaprogrammes, you should have arecognised UK Bachelors degree,

or international equivalent, in a socialscience discipline. Qualifications inother subjects will be assessed ontheir merits. Your application may alsobe considered if you have previous


Public Management

For the MSc and Diplomaprogrammes, you should have arecognised UK Bachelors degree,or international equivalent, in a social

science discipline. Qualifications inother subjects will be assessed ontheir merits. Your application may alsobe considered if you have previous


Individual Professional Awards

You should have a recognised UK

Bachelors degree, or internationalequivalent, in an appropriatediscipline depending on the modulesyou are interested in undertaking.Your application may be considered

if you have previous education andexperience, equivalent to a degree-level qualification, which includes

suitable preliminary training.

General requirements

For all of our modules you arerequired to have a high level ofEnglish language ability in reading

and writing, and in study skills.If your first degree was not taught

in English, you will need to provideevidence of language ability astested by the British Council or

another registered body. For furtherinformation visit: www.cefims.ac.uk/regulations.shtml.

You are required to have internet

access to participate in all ofour programmes.

Programme Guide


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Centre for Financial and Management Studies 1

Contents

Banking 2

MBA Banking 2

Postgraduate Diploma in Banking 2

Finance 4

MSc Finance: Economic Policy 4Postgraduate Diploma in Economic Policy 5

MSc Finance: Financial Sector Management 6Postgraduate Diploma in Financial Sector Management 6MSc Finance: Quantitative Finance 8Postgraduate Diploma in Quantitative Finance 8

Finance & Financial Law 10

MSc Finance & Financial Law 10Postgraduate Diploma in Finance & Financial Law 11

International Management (China) 13

MSc International Management (China) 13Postgraduate Diploma in International Management (China) 14

International Business Administration 16

MSc International Business Administration 16

Public Management 19

MSc Public Policy & Management 19MSc Public Financial Management 20Postgraduate Diploma in Public Financial Management 21Postgraduate Diploma in Policy Studies 21Postgraduate Diploma in Public Management 22

Individual Professional Award 24


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2Programme Guide / Banking

BankingOur Banking programmes are tailored for financial-sector professionals

and provide training in the principles underlying good banking practice.

MBA BankingAcademic Director: Dr Yothin Jinjarak/ email: [email protected]

Description

Banking sector professionals need

to have a wide range of skills andknowledge to equip them to meet

the constantly changing challengesfacing the financial sector today.The MBA Banking addresses thisneed by providing you with the

academic principles and knowledgefoundations for managing and

advising in the banking sector.

Careers

Successful completion of this

Masters programme providesa sound foundation for careerprogression in banking and thefinancial 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 offive years.

Programme structure

The programme is made up ofsix modules. For a more detailed

description of the modulesavailable, visit: www.cefims.ac.uk/programmes/mba.shtml

You will study three core modules.

- Bank Financial Management- Banking Strategy- Introduction to Valuation

You will also choose three electivemodules.

- Banking & Capital Markets- Bank Regulation & Resolution

of Banking Crises- Corporate Finance- Financial Law

- Law & Regulation of ElectronicFinance & Internet Banking

- Macroeconomic Policy

& Financial Markets- Risk Management: Principles

& Applications

Postgraduate Diploma in Banking

Description

This Diploma enables people withspecialised skills to develop an

understanding of a broader range ofsubjects involved in modern banking.

The programme is especially valuablefor people holding a finance-related

professional qualification whoare employed in banks or otherfinancial firms.

Careers

Successful completion of this

Diploma programme provides asound foundation for a career inbanking or the financial sector.

Duration

The programme takes a minimumof one calendar year to complete.

Each of the modules lasts eight weeks.You are registered for a maximum of

five years.

Programme structure

The programme is made up offour modules. For a more detaileddescription of the modulesavailable, visit: www.cefims.ac.uk/

programmes/diplomas.shtml

You will study one core module.

- Banking Strategy

You will also choose three electivemodules.

- Bank Financial Management- Banking & Capital Markets

- Bank Regulation & Resolutionof Banking Crises

- Corporate Finance- Financial Law- Introduction to Valuation- Law & Regulation of Electronic

Finance & Internet Banking

- Macroeconomic Policy& Financial Markets

- Risk Management: Principles& Applications


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Module descriptions

Banking & Capital Markets

This module explores the

microeconomics of banking fromthe perspectives of both theoryand practice. The range of topicsincludes: information theory ofbanks, bubble economy, credit

rationing, and banking regulations.

Bank Financial Management

This module concentrates on theprinciples of bank management of

assets and liabilities. You will learnabout the principles of bank balancesheet management and moneymarket operations, as well as

liquidity ratios and capital adequacyratios. You will also study issues of

bank supervision and regulation.

Bank Regulation & Resolution of

Banking Crises

The recent banking crisis hasmotivated heightened discussionof the merits of bank regulations

used to minimise the risk of bankdistress and intervention tools to

mitigate its effects. In this moduleyou will study technical aspects ofbank regulation, supervision and

intervention to resolve crises.

Banking Strategy

The module examines bank strategyin the global economy. This module

deals with the strategic (as opposedto operational) side of internationalbanking, such issues as how banksare funded, how they acquire loan

books, how they enter new marketsand how they deal with internationalregulatory requirements.

Corporate Finance

By studying this module you will

learn how to relate finance theoriesand practice to the financing and

investing decisions of enterprisesin modern economies.

Financial Law

This module provides an

understanding of the essential

elements of financial law, examiningthe legal principles governing boththe relations between financial

institutions and their customers andalso the financial relations betweencommercial entities. The moduleis based on English law. It includessuch topics as bank deposits and

accounts, the law relating to moneyand payments, and the law coveringboth secured and unsecured lending.

Introduction to Valuation

This module introduces you tothe core principles of valuationcreation. The module discussesthe theoretical foundations of

valuation methods, based on theseminal contributions by Modiglianiand Miller, and examines theinteractions between strategyand finance. You will learn how to

value a company through detailedexamples and by making use ofspreadsheet models.

Law & Regulation of Electronic


From this module, you will gaina grounding in the legal andregulatory issues concerning

electronic banking and finance

in different jurisdictions, including

in the UK and at EU level. You will

also acquire an understandingof the impact that this has onfinancial services in general, andtheir transactional and contractual

aspects, in particular.

Macroeconomic Policy

& Financial Markets

This module focuses on therelationship between macroeconomicpolicies and financial markets.How do central banks policies oninterest rates and credit relate

to financial markets? What isthe relationship between budgetdeficit and financial markets?

How do financial markets relateto investment and savings flow?This module includes both theoryand empirical material.

Risk Management:

Principles & Applications

You will study in depth thetechniques of risk management

in corporations. The module coversthe use of derivatives, portfolio

allocation, the value of risk, andthe management of credit riskand operations risk. It includescases and applications.


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4Programme Guide / Finance

FinanceOur Finance programmes provide three alternative pathways

designed to suit your skills and objectives, allowing you to deepenyour understanding of financial markets, banks and their relationto economic performance.

MSc Finance (major: Economic Policy)Academic Director: Ms Sonja Ruehl / email: [email protected]

Description

Designed principally for postgraduatesworking on economic policy ingovernment, central banks, other

public organisations, internationalinstitutions and consultancy, thisprogramme will increase your

understanding of the principles,applications, and context underlyingeconomic policy, focusing on thefinancial aspects of policy making.

Careers

As a graduate of this programmeyou will be well prepared for senior

positions in government, centralbanks, other public organisations,

international institutions andconsultancy.

Duration

The programme takes a minimumof two calendar years to complete.Each of the modules lasts eight weeks.


Programme structureThe programme is made upof eight modules. For a moredetailed description of the modulesavailable, visit: www.cefims.ac.uk/programmes/mscs.shtml

You will choose five 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 coremodules.

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


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Module descriptions


This module explores the

microeconomics of banking fromthe perspectives of both theoryand practice. The range of topicsincludes: information theory ofbanks, bubble economy, credit


International Finance

In this module you will concentrateon external finance and foreign

exchange and relate them tomacroeconomic behaviour. Youwill be introduced to the majorinstitutions of international finance

and examine empirical data on thefinancial flows of the world.


& Financial Markets

This module focuses on therelationship between macroeconomicpolicies and financial markets.How do central banks policies on

interest rates and credit relateto financial markets? What is

the relationship between budgetdeficit and financial markets?How do financial markets relate

to investment and savings flow?This module includes both theoryand empirical material.

Microeconomic Principles & Policy

From both traditional and behaviouralperspectives you will study theprinciples underlying consumerdemand and producer supply.You will also learn about different

market structures and implicationsof these for the producing andoutput decisions of firms.

Public Financial Management:

Revenue

The module addresses the theoryand practice of public financewith special reference to how

governments raise revenuesand how they use taxation topursue policy aims. This moduleis mainly concerned with taxation,

borrowing and aid.

The IMF & Economic Policy

The module examines the changingroles of the IMF and the natureof the economic principles that it

encourages countries to pursue.You will learn about some of theeffects that these policies haveon the economic environment ofbusiness, on the financial sector

and on social conditions.

Postgraduate Diploma in Economic Policy

Description

The Diploma programme focuses on

the financial aspects of policy making,increasing your understanding of theprinciples, applications and contextunderlying economic policy.

It can also provide a suitable routetowards entering the MSc Finance(major: Economic Policy).

Careers

As a graduate of this programmeyou will be prepared for a career asan economist in government, central

banks, other public organisations,international institutions and

consultancy.

Duration


Each of the modules lasts eight weeks.You are registered for a maximum offive years.

Programme structure

The programme is made up offour modules. For a more detaileddescription of the modules

available, visit: www.cefims.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


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MSc Finance (major: Financial Sector Management)Academic Director: Dr Yoshikatsu Shinozawa / email: Dr.Yoshikatsu [email protected]

DescriptionDesigned to advance a career inmanagement within banks and other

financial firms, this programmeenables you to deepen yourunderstanding of the principles,applications, and context underlying

decision making in financial sectormanagement.

Careers

As a graduate of this programme,you will be well prepared for seniormanagement positions in retailbanking, investment banks, fundmanagement, consultancy, central

banks and international bodies.

Duration


of two calendar years to complete.Each of the modules lasts eight weeks.You are registered for a maximum offive years.

Programme structureThe programme is made upof eight modules. For a more

detailed description of the modulesavailable, visit: www.cefims.ac.uk/programmes/mscs.shtml

You will study five 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 coremodules.

- 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 designedto provide a strong foundation for acareer in banks or other financial

institutions. It enables you to

have a greater understanding ofthe principles, applications, andcontext underlying decision makingin financial sector management.

The programme can also providea suitable route towards enteringthe MSc Finance (major: FinancialSector Management).

Careers

As a graduate of this programme youwill be prepared for a career in retailbanking, investment banks, fundmanagement, consultancy, central

banks and international bodies.

Duration


of one calendar year to complete.Each of the modules lasts eight weeks.You are registered for a maximum offive years.

Programme structure


available, visit: www.cefims.ac.uk/



- Bank Financial Management- Banking & Capital Markets

- Banking Strategy- Bank Regulation & Resolution

of Banking Crises- Corporate Finance- Finance in the Global Market


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Module descriptions


Concentrating on the principles of

bank management of assets andliabilities, you will learn about theprinciples of bank balance sheetmanagement and money marketoperations, as well as liquidity ratios

and capital adequacy ratios.


This module explores themicroeconomics of banking from

the perspectives of both theoryand practice. The range of topicsincludes: information theory ofbanks, bubble economy, credit


Banking Strategy

The module examines bankstrategy in the global economy.

This module deals with the strategic(as opposed to operational) sideof international banking, such

issues as how banks are funded,how they acquire loan books,

how they enter new markets andhow they deal with internationalregulatory requirements.

Bank Regulation &

Resolution of Banking Crises

The recent banking crisis hasmotivated heightened discussion

of the merits of bank regulationsused to minimise the risk of bankdistress and intervention tools to

mitigate its effects. In this moduleyou will study technical aspects ofbank regulation, supervision andintervention to resolve crises.

Corporate Finance

By studying this module you willlearn how to relate finance theoriesand practice to the financing and


Finance in the Global Market

You will study theory and practice

which seek to explain the waysin which finance is handled

internationally. The moduleexplores the sources of capitalfor the multinational firm andlooks at global financial markets,including foreign exchange, stocks,

bonds and derivatives markets.


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MSc Finance (major: Quantitative Finance)Academic Director: Prof. Pasquale Scaramozzino / email: [email protected]

Description

This programme has been createdprincipally for postgraduates whose

work in banks and other financialinstitutions requires a knowledge ofstatistical (particularly econometric)and quantitative approaches to risk

and derivatives. It is particularlysuitable if you have a first degree inengineering, applied science, appliedmathematics, economics, or similarsubjects, 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 positionsin banking, fund management,consultancy, central banks andinternational bodies.

Duration

The programme takes a minimumof two calendar years to complete.


Programme structure

The programme is made upof eight modules. For a moredetailed description of the modulesavailable, visit: www.cefims.ac.uk/

programmes/mscs.shtml


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 thelist 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 (quantitativetopics only)

Postgraduate Diploma in Quantitative Finance

Description

The Diploma programme has beencreated for postgraduates working inbanks and other financial institutionswho require a knowledge of statistical

(particularly econometric) andquantitative approaches to riskand derivatives.

The programme can also provide asuitable route towards entering theMSc Finance (major: QuantitativeFinance). Graduates with strong

previous quantitative training (suchas engineers) and graduates withlower levels of previous training can

both benefit from the programme by

choosing appropriate modules. (The

programmes Academic Director willadvise you on your module choices.)

Careers

As a graduate of this programme youwill be well prepared for researchand other positions in banking, fundmanagement, consultancy, centralbanks and international bodies.

Duration


Each of the modules lasts eight weeks.You are registered for a maximum of

five years.

Programme structure




- Derivatives- Econometric Analysis

& Applications


- Financial Econometrics- Modelling Firms & Markets



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I decided upon the quantitative options, because

I wanted the technical skills to understand thenew financial economics. As for the coursesthemselves they steer a happy medium betweenthe practical and the formal. The courses are infinance not mathematics and the readings arerelated to the real world! The two assignmentsper course serve to reinforce the tutorial material.

John BeechinorMSc Finance (major: Quantitative Finance)

Module descriptions

Derivatives

The expansion of financial markets

since 1973 has been founded onthe growth of derivatives. This wasmade possible by the developmentof models for valuing derivativesbased upon the mathematics and

stochastic calculus. In this moduleyou will learn the application ofthose principles to the valuation

of derivatives.

Econometric Analysis

& Applications

This module is designed to followon from Econometric Principles &

Data Analysis. You will learn moreadvanced 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 useof statistical and mathematicalmethods in analysing economicdata. You will examine theinteraction between data andeconomic theories, with particular

attention to hypothesis testing,regression analysis, and the

treatment of heteroscedasticityand autocorrelation.

Financial Econometrics

In this module you will studytime series techniques and theirapplication to financial markets,

strengthening your ability to analyse

market behaviour.

Modelling Firms & Markets

This module introduces you to

the economics of informationand uncertainty. You will gain an

understanding of the basic conceptsof game theory, examine theproblems 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 ofrisk and the management of creditrisk and operations risk. It includes

cases and applications.


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10Programme Guide / Finance & Financial Law

Finance & Financial LawOur Finance & Financial Law programmes uniquely combine financial

principles and applications with current financial law and regulation.

MSc Finance & Financial LawAcademic Directors: Dr Richard Alexander / email: [email protected]

Dr Federico Mucciarelli / [email protected]

Description

There are rapid and wide-rangingchanges in financial markets aroundthe world and in the legal andregulatory environment in which

they operate. This creates a demandfor people with expertise in bothfinance and financial law. This MSctakes an integrated approach to

these two aspects by including riskmanagement, regulation, mergersand acquisitions, initial publicofferings, formation of companiesand the bank-client relation, bond

issues, and loans. It relates toboth national and internationalfinance and will introduce you to

how financial and legal principlesare applied in practice as wellas in theory.

Careers

Graduates of the MSc Finance& Financial Law find that theirspecialist knowledge is in demand byinternational banks and investment

firms, legal practices, and regulatoryinstitutions.

Duration

The programme takes a minimumof two calendar years to complete.Each of the modules lasts eight weeks.You are registered for a maximum offive years.

Programme structure

The programme is made up

of eight modules. For a moredetailed description of the modulesavailable, visit: www.cefims.ac.uk/programmes/mscs.shtml


- Introduction to Law & to Finance- Corporate Finance

- Financial Law- Legal Aspects of International

Finance- Risk Management: Principles

& Applications

You will also choose to study threeelective 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 InternationalCapital Markets

- Research Methods- Dissertation

I chose the MSc Finance & Financial Law because I wanted to gainan in-depth technical view of how corporate finance and projectfinance transactions work from both a financial and legal point ofview. The programme far exceeded my expectations and went intogreat detail around the legal aspects around the different bankingtransactions. I can already see the benefit on a daily basis at work.

Douglas Mundopa, Senior DealmakerFNB Commercial a division of FirstRand Bank Limited


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Postgraduate Diploma in Finance & Financial Law

Description

This Diploma is ideal for those who

already have some experience ineither law or finance. The abilityto weight the choice of modulestowards law or finance will meanthat students can tailor their learningaccording to their needs, interestsand pre-existing expertise.

CareersAs a graduate of this programme,you will be well prepared for workingin the financial services sectoror as a regulator with responsibilityfor financial institutions. TheDiploma would also be beneficialto existing members of commercial

law firms wishing to offer an

improved service to clients in thefinancial sector, or for financiers

wishing to enter such sectors ascompliance or begin careers in thegovernment service.

Duration

The programme takes a minimumof one calendar year to complete.Each of the modules lasts eight weeks.


Programme structure



You will study one core module.

- Introduction to Law & to Finance

You will also choose to study threeelective modules.

- Corporate Finance- Financial Law- Legal Aspects of International

Finance


Module descriptions

Introduction to Law & to Finance

The first part of this module providesan introduction to common law.The emphasis is on the fundamental

commercial subjects. In the secondpart, you will be introduced tothe main ideas and methods inmathematics that are used infinancial analysis. Note that bothparts of the module are compulsoryfor all students, regardless of yourprevious qualifications.

Corporate Finance

By studying this module you willlearn how to relate finance theoriesand practice to the financing andinvesting decisions of enterprisesin modern economies.


You will study theory and practicewhich seek to explain the ways

in which finance is handledinternationally. The moduleexplores the sources of capitalfor the multinational firm and

looks at global financial markets,including foreign exchange, stocks,bonds and derivatives markets.

Financial Law

This module provides anunderstanding of the essentialelements of financial law, examiningthe legal principles governing boththe relations between financialinstitutions and their customersand also the financial relationsbetween commercial entities.The module is based on Englishlaw. It includes such topics as bankdeposits and accounts, the lawrelating to money and payments,

and the law covering both securedand unsecured lending.

Legal Aspects of International

Finance

This module covers the legalaspects that complement the

financial modules: Finance in theGlobal Market and Banking &Capital Markets. The teaching isbased on English law and makesreference to the law of other

jurisdictions where this is relevant.You will be shown how contractualprinciples are applied to commercial

fundraising transactions and howto differentiate between legalprinciples and the market practicesthat shape these transactions.

Risk Management:


You will study the techniques ofrisk management in corporations in

depth. The module covers the use ofderivatives, portfolio allocation, the


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12Programme Guide / Finance & Financial Law

value of risk, and the managementof credit risk and operations risk.It includes cases and applications.

Banking & Capital MarketsIn this module, you will analysethe environment of international

management. You will look atglobal financial markets, includingforex, bond and derivative markets,international financial instruments,international banking and

the financial and legal aspectsof regulation.


This module concentrates on the

principles of bank managementof assets and liabilities. You willlearn about the principles of bankbalance sheet management and

money market operations, aswell as liquidity ratios and capitaladequacy ratios. You will alsostudy issues of bank supervisionand regulation.

Law & Regulation of Electronic


From this module, you will gaina grounding in the legal and

regulatory issues concerningelectronic banking and finance indifferent jurisdictions, includingin the UK and at EU level. You will

also acquire an understanding

of the impact that this has onfinancial services in general, andtheir transactional and contractualaspects, in particular.

Regulation of International

Capital Markets

You will study the regulatory issuesthat relate to the international capital

markets and to several importantdomestic and regional capitalmarkets, such as the US, the UK,

and the EU.

Corporate Governance

The legal, political and economicfeatures of major corporategovernance systems are analysed

in this module. You will examinehow corporate governance systemsinfluence the performance ofindividual firms and the allocationof capital within a country, as well as

the evolution of diverse ownershipand governance structures acrossdifferent economies.

Legal Aspects of Corporate Finance

The essential legal principles relating

to the incorporation, running andfinancing of companies are thesubject of this module. The teaching

is based on English law as it formsthe model for the company lawstructures of many jurisdictionsaround the world.

Research Methods

This module will provide you witha thorough understanding of thetheoretical concepts, methodological

approaches and reporting issuesthat underpin good quality research,and has a special emphasis on howto evaluate the merits of existing

research. Completion of this moduleis a prerequisite if you have decidedto write a dissertation.

DissertationThe dissertation is a supervisedpiece of research on a topic thatwe will agree with you. It should be10,000 words long. Before we canconsider a proposal to submit a

dissertation, we will need to reviewyour academic performance so

far. Completion of the ResearchMethods module is a prerequisite

for writing the dissertation.

S 3


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International Management (China)Both programmes will help you develop management skills that

can be applied worldwide and increase your understanding of theChinese business environment.

MSc International Management (China)Academic Director: Dr Damian Tobin / email: [email protected]

Description

Multinational companies and firmsthroughout the world have a growing

need for senior personnel with highquality management skills andan in-depth knowledge. The MScInternational 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 opportunityto study the interplay between the

global, local and cross-culturalfactors that influence managementdecisions in China-related business.

Careers

As a graduate of this programme,you will be well prepared for asenior position in large corporations,banks, financial services companies,

business and managementconsultancies, regulatory authoritiesand international organisations.

Duration



Programme structure

The programme is made up

of eight modules. For a moredetailed description of the modulesavailable, visit: www.cefims.ac.uk/



- 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 ResourceManagement

- Introduction to Valuation- Risk Management: Principles& Applications


14Pr gr G id / I t r ti l M g t (Chi )


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14Programme Guide / International Management (China)

Postgraduate Diploma in International Management (China)

Description

The rapid growth of the Chinese

economy and its increasingimportance in the global economyhas resulted in a growing demandfor people with advanced degrees inmanagement and an understanding

of the business culture andmanagement issues in China.This Postgraduate Diploma

responds to this demand. Youwill study the interplay betweendomestic development and theinternational perspective inChinas economy and developyour understanding of management

topics from an international andcross-cultural perspective.

Careers

As a graduate of this programme,you will be well prepared for

management-level positions inlarge corporations, banks, financial

services companies, businessand management consultancies,regulatory authorities andinternational organisations,particularly those with an emphasis

on, or presence in, China.

Duration

The programme takes a minimumof one calendar year to complete.Each of the modules lasts eight weeks.You are registered for a maximum offive years.

Programme structure

The programme is made up of

four modules. For a more detaileddescription of the modules

available, visit: www.cefims.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 electivemodule.

- 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 willlearn how to relate finance theoriesand practice to the financing and


Corporate Governance

This module will teach you how

to analyse the legal, politicaland economic features of majorcorporate governance systems.You will examine how these systemsinfluence the performance of

individual firms and the allocationof capital within a country andinvestigate the evolution of diverse

ownership and governance structuresacross different economies.

Cross-Cultural Management

You will study the importance ofculture in management and developskills that will help you to analysewhen national culture is, and is not,

an influence on decision-making.


You will study theory and practice

which seek to explain the waysin which finance is handledinternationally. The moduleexplores the sources of capitalfor the multinational firm and

looks at global financial markets,including foreign exchange, stocks,bonds and derivatives markets.

Financial Reporting

This module focuses oninternational financial reportingwith emphasis on recognitionand measurement of assets andliabilities. The module looks at

analysis of a range of contemporaryaccounting issues within theoreticalframeworks such as agency theory

and from the perspective of theconceptual framework used insetting accounting standards.

International Human Resource

Management

This module introduces you to thebasic concepts of international

human resource management andwill survey the span of British and



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American human resource systemsand consider how far British andAmerican concepts of HR apply in

a Chinese context.

International Management

You will look at the organisational

forms that enable internationalbusinesses to seize newopportunities; how the strategicplans of multinational companiesare implemented in their foreign

subsidiaries and in joint ventures,and how the hazards of operating inunfamiliar territories are mitigated.


This module introduces you to thecore principles of valuation creation.The module discusses the theoreticalfoundations of valuation methods,

based on the seminal contributionsby Modigliani and Miller, andexamines the interactions betweenstrategy and finance. You will learnhow to value a company through

detailed examples and by makinguse of spreadsheet models.

Management in China:Domestic Development

You will explore the major domesticissues that have influenced thedevelopment and growth of Chinaseconomy and the challenges that

lie ahead. Topics include Chinasdevelopment strategy, the role of thestate, the rapid growth of the privatesector, reforms in management

practices, and financial marketand exchange rate policies.

Management in China:

International Perspectives

You will study recent andcontemporary developments inChinese management practices.

You will focus particularly on policiesfor trade, foreign direct investmentand technology transfer, and onthe relationship between the PRC,Hong Kong and Taiwan, as well ashow international businesses deal

with the art of Chinese negotiation.

Risk Management:


You will study the techniques of risk

management in corporations indepth. The module covers the use ofderivatives, portfolio allocation, thevalue of risk, and the management

of credit risk and operations risk.

Topics in the Chinese EconomyYou will gain an extensive knowledgeof a wide range of economic and

social issues concerning thecontemporary business environmentin China. Topics include population,

migration and labour; rural

development; agriculture andfood security; energy needs; theenvironment; living standards; and

cross-strait trade relations withTaiwan. It will also examine Chinasfuture growth trajectory.

Research Methods

This module will provide you

with a thorough understandingof the theoretical concepts,

methodological approaches andreporting issues that underpingood quality research. Completion

of this module is a prerequisitefor writing the dissertation.

Dissertation

The dissertation is a supervised

piece of research on a topic thatwe will agree with you. It shouldbe 10,000 words long.

The programme has been incredibly beneficial I have learned a great deal that has aided my work

Jonathan MachaMSc International Management (China)

16Programme Guide / International Business Administration


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International Business AdministrationThis innovative programme looks to developing and harnessing

regional knowledge and international business skills tounderstand and respond to global business developmentopportunities and challenges.

MSc International Business AdministrationAcademic Director: Dr Damian Tobin / email: [email protected]

Description

International businesses have agrowing need for senior personnelwith high quality management skillsand specialist regional knowledge.

As the regions of Asia and ofAfrica take roles as leading andemerging economies in the world,this MSc International Business

Administration responds to thisneed. Students will study theinterplay between global and localfactors that influence managementdecisions in business.

Careers

As a graduate of this programme,you will be well prepared for a senior

position in corporations, banks,financial services companies, businessconsultancies, regulatory authoritiesand international organisations.

Duration

This new programme will beavailable to commence study inMay 2013. The programme will takea minimum of two calendar years

to complete. Each of the moduleslasts eight weeks. You are registeredfor a maximum of five years.

Programme structure



You will study two core modules.

- International Business Strategy- Managing the Trans-National

Corporation

You will also choose six electivemodules. At least two will be from the

International Business modules andat 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 ChinaAND

- Management in China

- The Economy of Sub-Saharan Africa

AND- Management in Sub-Saharan Africa

Research:


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



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g

Module Descriptions

Banking Strategy

This module looks at how banks

acquire and retain customers.Students will examine how banksuse acquisition and organic expansionin order to increase their marketshare and how choice of expansionmode affects organisational andgovernance structures. Topicscovered include the acquisition and

use of depository funds; interestrate risk; and managing liquidity,credit and capital risk. Case studiesare used to show how banks financeinternational acquisitions and whathappens when these go wrong.The module will also examinehow banks manage the changing

regulatory environment.

Corporate Finance

By studying this module you willlearn how to relate finance theoriesand practice to the financing andinvesting decisions of enterprisesin modern economies.

Corporate GovernanceThis module will teach you howto analyse the legal, politicaland economic features of majorcorporate governance systems.You will examine how these systemsinfluence the performance ofindividual firms and the allocation

of capital within a country andinvestigate the evolution of diverseownership and governance structuresacross different economies.


You will study theory and practicewhich seek to explain the waysin which finance is handled

internationally. The moduleexplores the sources of capital

for the multinational firm andlooks at global financial markets,

including foreign exchange, stocks,bonds and derivatives markets.

Financial Reporting

This module focuses oninternational financial reportingwith emphasis on recognitionand measurement of assets andliabilities. The module looks atanalysis of a range of contemporaryaccounting issues within theoreticalframeworks such as agency theoryand from the perspective of theconceptual framework used insetting accounting standards.

International Business Strategy

You will look at the organisationalforms that enable internationalbusinesses to seize newopportunities; how the strategicplans of multinational companiesare implemented in their foreignsubsidiaries and in joint ventures,and how the hazards of operating in

unfamiliar territories are mitigated.


This module introduces you tothe core principles of valuationcreation. The module discussesthe theoretical foundations ofvaluation methods, based on theseminal contributions by Modiglianiand Miller, and examines theinteractions between strategyand finance. You will learn how tovalue a company through detailedexamples and by making use ofspreadsheet models.

Management Accounting

This module aims to provide anadvanced overview of current

developments in thought andpractice of management accounting,

strategy, and organisationalcontrol. Emphases are given to theeconomic and behavioural analysisof management accounting issuesand to strategic and organisationalaspects of control systems design.

Management in China

You will study recent andcontemporary developments inChinese management practicesusing a variety of case-based andtheoretical approaches. You willfocus particularly on policies fortrade, foreign direct investmentand technology transfer, and onthe relationship between the PRC,Hong Kong and Taiwan. You willalso look at how at internationalbusinesses manage their operationsin China including the effects ofchanging policy priorities, businessnegotiations and joint ventures.

Management Information

& Information SystemsInformation management is centralto all businesses. Successfulbusiness relies on effective designand management of systems tocapture and manage data. Thismodule offers a strategic view ofinformation systems, rather than

the mechanics of hardware andsoftware solutions.

Management in Sub-Saharan Africa

As part of this module you willstudy emerging developments inmanagement practices across theSub-Saharan region. The modulecombines general trends in trade

and investment with specificstudies of business management.



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It focuses on the factors that createsuccessful businesses in Africa, andthe specific business conditions on

the continent.

Managing the Trans-National

Corporation

You will study the Trans-NationalCorporation (TNC) as a distinctsocial, cultural and strategicentity. Topics covered include howTNCs resolve the tension between

centralisation and decentralisation;the structural alternative availableto TNCs and their effect ongovernance, innovation andperformance; and the importance

of culture in management.

Risk Management:


You will study the techniques of riskmanagement in corporations indepth. The module covers the use ofderivatives, portfolio allocation, thevalue 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 andsocial issues concerning the

contemporary business environmentin China. Topics include population,migration and labour; rural

development; agriculture andfood 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 topicsof debate on economic and socialdevelopment and the businessenvironment in Sub-Saharan

Africa. The module focuses on abroad range of topics includingagriculture, labour markets, bankingand microfinance, investment,governance and growth prospects.

It draws on studies of specificindustrial sectors and countries.

Research Methods

This module will provide youwith a thorough understanding

of the theoretical concepts,

methodological approaches andreporting issues that underpingood quality research. Completionof this module is a prerequisite

for writing the dissertation.

Dissertation

The dissertation is a supervised

piece of research on a topic thatwe will agree with you. It shouldbe 10,000 words long.



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Public ManagementSuccessful managers, politicians and professionals runningpublic organisations need to have a range of skills andknowledge and a critical awareness of the challenges facingthem. This programme offers both technical education andcritical and comparative material about how the public sectoris managed across the world.

MSc Public Policy & ManagementAcademic Director: Dr Alberto Asquer / email: [email protected] CeFiMS: Norman Flynn / email: [email protected]

Description

This programme will provide youwith the analytical tools that you

need to understand the principles

and methods of modern public policyand management. The programmewill enable you to make managementdecisions and policy choices in

the financing and management ofinfrastructure and services in thepublic sector. The structure of theprogramme is designed to enable

you to select a pathway that is bestsuited to your specialism, skills andobjectives. You can choose eightmodules in any combination.

Careers

As a graduate of this programmeyou will be well prepared for

senior positions in national andsub-national government sectors,international organisations, regionaldevelopment and aid agencies,and NGOs.

Duration


Each of the modules lasts eight weeks.


Programme structure



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-PrivatePartnerships

- 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


20Programme Guide / Public Management


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MSc Public Financial ManagementAcademic Director: Norman Flynn / email: [email protected]

Description

This programme will provide youwith skills and knowledge in the

field of public finance. It rangesacross all applications, whether inbudgeting, revenue policy, financialreporting and audit, compliance

or where financial matters take acentral position in policy, such as in

public-private partnerships or fiscaldecentralization.

Careers

This degree is suitable for peopleworking in central Finance Ministries,or in financial management roles

in line Ministries, sub-national

governments or financial scrutinyfunctions in Parliaments or SupremeAudit Institutions. It will also bevaluable for people working

in consultancy and advisoryfunctions, and in internationalfinancial institutions.

Duration

This new programme will beavailable to commence study inMay 2013. The programme will take

a minimum of two calendar yearsto complete. Each of the moduleslasts eight weeks. You are registeredfor a maximum of five years.

Programme StructureYou will study four core modules andselect four electives. The electivescan include study of Research

Methods and a Dissertation, takenas 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:



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


This Programme will become availableto study from May of 2013. Applicationswill open in September 2012.

The experience of studying and obtaining the MSc Public Policy& Management was one of the best experiences in my careerdevelopment life. The approach used is so effective and encouraging

that it enabled me, at a considerably late stage in my career, to obtainthe Masters degree. Since my graduation, I have been promoted tothe level of Associate Director. I encourage everyone, everywhere inthe world to try postgraduate studies by distance learning; they willnot be disappointed!

Susan Mahembe, Associate Director

Bank of Tanzania Training InstituteMSc Public Policy & Management



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Postgraduate Diploma in Public Financial Management(Endorsed by ACCA)

Description

Organisations need managerswith a thorough understanding

of public finance so that they canmake financial decisions and designand operate financial systems forcollecting, spending and accounting

for public expenditure. Dependingon which electives you choose,

this programme will enable you tomake decisions about investmentprojects, when and how to use

privatisation and public-privatepartnerships, budgeting, financialreporting and audit, and how tomanage the financial relationshipsbetween 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 andNGOs. The programme is endorsedby the Association of Chartered

Certified Accountants (ACCA). If youare already an ACCA member thequalification will be a useful way toimprove your expertise to enable you

to practice in government finance.

Duration



Programme structure


available, visit: www.cefims.ac.uk/



- Decentralisation & LocalGovernance

- Environmental & Social ImpactAssessment

- Privatisation & Public-PrivatePartnerships- Project Appraisal- Public Financial Management:

Audit & Compliance

- Public Financial Management:Financial Reporting (IPSAS) OR




- Public Policy & Management:Development Assistance

Postgraduate Diploma in Policy Studies

Description

Formulated for people working inpolicy-making and advisory capacities,

the Postgraduate Diploma in PolicyStudies provides an overview of thevariety of approaches to public policyand management, from a historical

and comparative perspective. Themodules move through techniquesof policy analysis and implementationto discussion of particular policyissues. The module materials cover

a range of policy issues and a varietyof socio-economic contexts, levelsof government and regime types.

Career

Graduates in Policy Studies arelikely to work within national or sub-national governments; international

organisations, which offer help togovernments; consultancies workingon public sector analysis and reform;

and NGOs operating in developmentand service delivery fields.

Duration



Programme structure

The programme is made up offour modules. For a more detailed

description of the modulesavailable, visit: www.cefims.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

22Programme Guide / Public Management


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Module descriptions

Public Policy & Management:Perspectives & Issues

You will be introduced to the mainprinciples and techniques of public

policy and management. The moduleexamines the scope and functionsof government in a critical andcomparative way, ideal types of

management and policy transfer aswell as introducing policy evaluation.

Decentralisation & Local Governance

You will study the fiscal and policyrelationships between local and

sub-national government. Themodule explores democracy and

public participation in the policyprocess, local poverty reduction

and local economic development.

E-Government

Information and communicationtechnologies are prevalent in

government, in administration,democratic processes and service

delivery. This module offers astrategic view of the design and

implementation of systems forgovernments at national and sub-national levels. It also offers waysto avoid ICT failures.

Environmental & Social Impact

Assessment

This module will give you a

theoretical and applied backgroundto environmental and social impactanalysis a requirement for a widerange of investment projects in

both the public and private sectors.The module also introduces toolsthat are used to support ESIA, waysof improving the effectiveness ofESIA, and other techniques, used

to investigate the environmentaland social implications of projectsand other initiatives.

Human Resource Management

& Development

You will study the management ofpeople in public organisations as

well as models of human resourcemanagement and development.

Other topics studied include jobanalysis, career management,

recruitment and selection,performance management andappraisal, training and developmentand rewards management.


& Financial MarketsThis module focuses on therelationship between macroeconomic

policies and financial markets.How do central banks policies oninterest rates and credit relateto financial markets? What isthe relationship between budget

deficit and financial markets?How do financial markets relateto investment and savings flow?This module includes both theory

and empirical material.

Managing Organisational Change

This module investigates theenvironment of public organisations

and relates the managementof organisational change to

Postgraduate Diploma in Public Management

Description

Public sector organisations need

good managers. This PostgraduateDiploma prepares you for managingand advising in public sectororganisations. There is an emphasison managing people, leadership,

managing change and designingand using information systems.

CareersBy following this programme you willbe well qualified for senior positionsin government public services,international organisations and NGOs.

Duration



Programme structure

The programme is made up offour modules. For a more detailed

description of the modulesavailable, visit: www.cefims.ac.uk/programmes/diplomas.shtml


- Public Policy & Management:

Perspectives & Issues- Human Resource Management

& Development

- E-Government- Managing Organisational Change- Public Policy & Management:

Development Assistance



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sociological and socio-psychologicalanalysis of organisational behaviourand organisational culture.

Privatisation & Public-PrivatePartnerships

This module looks at a variety of

innovations for producing publicservices. These range fromprivatisation to partnerships withprivate and voluntary organisations.The module will enable you to

undertake the analysis necessaryto make the best choice of method,and to begin the process ofimplementation.

Project Appraisal

This module will provide you withthe skills and tools to assessinvestment projects both from a

financial and economic perspective,including risk assessment. It coversthe methods of project appraisal asaids to decision making.


Audit & Compliance

You will learn the uses and

methods of audit, as a tool toensure compliance and as part

of governments efforts to improveperformance. You will learn aboutboth internal and external auditand about the role and functions

of supreme audit institutions.


Financial Reporting (IPSAS) ORFinancial Reporting (IFRS)

Financial reporting standards vary bycountry. These two modules, whichare offered as alternatives, cover thefinancial accounting and reportingstandards used in the public sector,

as prescribed by the International

Public Sector Accounting StandardsBoard OR the standards prevalent in

the private sector and some publicjurisdictions, as laid down in theInternational Financial ReportingStandards. You should choose one

module according to which set ofstandards are in operation whereyou work, or intend to work.



You will be introduced to the methodsand issues of public financial

management. The module examinescost management, budgeting,

expenditure control techniquesand performance budgeting.


Revenue

The module addresses the theoryand practice of public finance

with special reference to howgovernments raise revenues and

how they use taxation to pursuepolicy aims. This module is mainlyconcerned with taxation, borrowingand aid.

Public Policy & Management:

Development AssistanceDevelopment assistance is animportant part of donor countriesforeign policy and can be a

significant source of revenue forrecipients. In this module you willstudy the history of developmentassistance and assess the impact

that receiving aid has on countriesin terms of their development,rate of economic growth, labourmarket, quality of governance,government accountability and

policy implementation.

Public Policy & Strategy

You will cover the policy process,

from problem definition andmeasurement, option appraisal

and assessment, to implementationand evaluation, and use case studies

from a variety of different settings.While it follows the rational model,

it also assesses critically how andwhere such a model does and doesnot apply, and covers approaches to

strategic management techniquesin the public sector.

The IMF & Economic Policy

The module examines the changing

roles of the IMF and the natureof the economic principles that itencourages countries to pursue.You will learn about some of the

effects that these policies haveon the economic environment ofbusiness, on the financial sectorand on social conditions.

Research MethodsThis module will develop yourresearch skills which you can applylater to consultancy and research

projects. It will provide you witha thorough understanding of thetheoretical concepts, methodologicalapproaches and reporting issues

that underpin good quality research,and has a specific emphasis on howto evaluate the merits of existingresearch. Completion of this moduleis a prerequisite if you have decidedto write a dissertation.

Dissertation

The dissertation is a supervisedpiece of research on a topic that

we will agree with you. It should be10,000 words long. Before we canconsider a proposal to submit adissertation, we will need to reviewyour academic performance so

far. Completion of the ResearchMethods module is a prerequisitefor writing the dissertation.

24Programme Guide / Individual Professional Award


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The Individual Professional Award

programme offers a very effectiveform of flexible professional education.Our modules are designed to eachrigorously explore themes in depth.

The modules have all been designed

by professionals whose own researchis at the forefront of current thinking.

Taking one or two modules can be a

very useful way of recognising whetherthe modules in our programmes areright for you and of testing whetherdistance learning is the method best

suited to your needs.

When you complete an IPAsuccessfully you will be awarded a

University of London certificate. Ifthe IPA is related to a module on theMSc or Postgraduate Diploma thatyou want to enrol on and you have

achieved a pass mark of 50% or more,then you can be awarded academiccredit towards that programme.

Duration

Each module lasts eight weeksand examinations are held duringOctober. You are registered for amaximum of two years.

Programme structure

You can choose modules from anyof the distance learning programmesthat we offer. You may take up to

three individual modules in total.For a more detailed descriptionof the modules available, visit:www.cefims.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 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 ElectronicFinance & 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 & LocalGovernance

- Privatisation & Public PrivatePartnerships

- Project Appraisal

- Environmental & Social ImpactAssessment

- Public Financial Management:

Audit & Compliance- Public Financial Management:

Financial Reporting (IPSAS)- Public Financial Management:



- Public Financial Management:

Revenue- Public Policy & Management:Development Assistance

- Public Policy & Management:Perspectives & Issues

- Public Policy & Strategy- E-Government- Research Methods

Individual Professional AwardTo benefit from a specialist module or as a prelude to taking oneof our programmes, any of our modules can be taken individually.



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Fees*

You have the option to pay some orall of your module fees at the outset

(thus avoiding any subsequent rise infees) or you can pay for each moduleeach time you enrol in a study session.

MSc (8 modules) 9,840PG Dip (4 modules) 4,920IPA (1 module) 1,230

Banking

MBA (6 modules)

Registration fee 1,090Module fee 1,145Total 7,960

PG Dip (4 modules)Registration fee 765Module fee (x4 modules) 1,145

Total 5,345

* We incorporate all of the module costs intoyour module fees; however, you may incur

additional costs depending on your countryof residence, such as:

- Fees paid to local examination centresfor sitting your exams

- Customs duties/taxes where these arepayable on educational materials

Applying

You can apply to start in November,January or June. Applying online is

easy. The online application form isavailable at www.cefims.ac.uk/dlregistry/dl apply.shtml. This enablesyou to send an electronic form directly

to us and ensures that you do nothave to wait long for a decision.

When can I take my

module?

Each module lasts eight weeks.We divide the year into four sessionsin which we offer modules that makeup the programme you have chosen.

Each module is typically availablein at least two sessions. You may

study one module per session.To find out when modules areavailable, visit: www.cefims.ac.uk/

studycalendars.shtml

Learning hours

You will need to allocate at least

15 to 20 hours a week to completethe modules. It is a good idea to planyour study periods to coincide withtimes of the year when you may beless busy. You should also make

sure that you have adequate time toprepare for the exams held in October.

Module assessment

For each module that makes up yourprogramme, you will complete two

assignments each worth 15% of yourtotal marks. You will be expected tosubmit your first assignment by theTuesday of Week 5, and the second

assignment at the end of the module,on the Tuesday after Week 8. You willalso sit a three-hour examinationscheduled in October, worth 70%of your total module mark.

Find out more

For more information, visit ourwebsite www.cefims.ac.uk where

details of all our programmes, fees,application deadlines and admissions

procedures can be found.

Contact us

tel +44 (0)20 7898 4050fax +44 (0)20 7898 4089email [email protected]

Centre for Financial andManagement StudiesSOAS | University of LondonThornhaugh Street, Russell SquareLondon, WC1H 0XG, UK

www.cefims.ac.uk

Centre for Financial and Management Studies


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SOAS | University of LondonThornhaugh Street, Russell SquareLondon, WC1H 0XG, UK

tel +44 (0)20 7898 4050fax +44 (0)20 7898 4089email [email protected]

www.cefims.ac.uk

cefims programme guide 2013

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