Postgraduate MSc

Finance

Attendance

Full-time

Part-time

Course

One year

Two year

Next enrolment

September 2025

Introduction

In a nutshell

International applicants: please check the international intakes page for the latest information and application dates.



Our MSc Finance is an intensive postgraduate course, designed to develop a detailed understanding of the practical application of modern finance theories in the financial world. The programme tracks the CFA syllabus and from the outset, you will take a hands-on approach to handling data and dealing with complex financial models. This degree is taught on our Peel Park campus, close to Manchester city centre, by experienced staff who are specialists in their area.

The modules on this master’s programme are designed to be of maximum relevance as they incorporate the latest developments in the financial sector, equipping you with the skillset to work in all areas of the industry. You will gain the technological skills and independent thinking abilities essential to working alongside companies, and the confidence and self-esteem to progress to senior roles. 

You will not only master the academic theory of the finance industry but become aware of the high ethical standards expected from you as a financial specialist. You will also have the opportunity to gain experience in real-world application as we encourage you to apply your knowledge in new and unfamiliar environments when collaborating with our industry partners.

Five good reasons to choose Salford Business School:

  1. Practical teaching, informed by our industry partners, so you develop the skills employers look for
  2. Enhance your real-world learning on the Finance research project
  3. Beautiful campus just minutes from Manchester city centre
  4. Study in a vibrant financial centre with excellent opportunities for industry engagement and networking
  5. Focus on the digital, ethical and sustainability business challenges of the 21st century.

To find out more, register for one of our Postgraduate Open Days or learn more about our master's courses in business, finance and law.

You will:

  • Explore different financial markets – such as equity, bond/debt/interest rate, foreign exchange and derivative markets - and their role in the economy
  • Consider current developments in the world's financial markets and institutions, including innovation, globalisation, and deregulation
  • Examine the sustainable business principles and practices such as green financing, sustainability reporting, and responsible investment
  • Explore issues in corporate governance and ethics and the role of the board of directors
  • Gain experience in real-world application, learning about complex financial instruments and the working of financial markets
  • Study in a vibrant financial centre with industry and engagement opportunities
Placement

options available

International

students accepted

This is for you if...

1.

You are looking to develop your career or move into management

2.

You enjoy putting your learning into practical experience

3.

You want to challenge yourself with new learning and new experiences

Course details

All about the course

The course is delivered across two semesters of 15 weeks each, with semester 3 dedicated to your dissertation. In semesters 1 and 2, you will have 24 hours of teaching for 12 weeks. Each week you will have two hours for research skill development. Weekly Research Skills classes prepare you for the dissertation in your third semester. In semester 1, you will learn qualitative research methods, and in semester 2, you will learn quantitative research methods.

The Finance Dissertation module accounts for the final 60 credits of your degree. This research dissertation gives you the opportunity to put your learning into practice and enhance your professional experience. You will be allocated a supervisor who will mentor you through the dissertation.

In addition, you will have a one hour Supporting Student Success session each week, delivered through the University’s virtual learning environment, Blackboard. Supporting Student Success helps you settle into studying at the University of Salford and gives you an opportunity to discuss any problems or concerns about your course.

Part time students study alternate modules (one module on, one module off) to complete their degree in two years.

"From the very start of the application process, I believed that the University of Salford made it clear that they would support me through my studies and that was extremely important to me. I am so pleased with the quality of education I have received so I do believe I made the right choice with Salford." - Temisan, MSc Finance

Read more of Temisan's experience studying MSc Finance at Salford 

Read MSc Finance student Nkeiru's experience completing the Global Business Challenge 

Semester One

Financial Markets and Institutions

An integral part of a well-functioning economy is the establishment and smooth operation of a developed financial system. This module introduces you to different financial markets and their role in the economy. These markets include equity, bond/debt/interest rate, foreign exchange and derivative markets. In this module, you will also learn about the trading instruments used in these markets. Moreover, the module offers an exploration of current developments in the world's financial markets and institutions, including innovation, globalization, and deregulation, with a focus on the actual practices of financial institutions, investors, and financial instruments.

Teaching:

  • Interactive lectures, seminars and guest speakers
  • Group working on problem-based learning scenarios including case studies, class-based activities, research articles and web-based materials
  • Guided personal study supported by associated reading list, lecture notes and relevant research articles

Assessments:

100%     Essay to show your independent research and reflection on key issues alongside your analytical and critical skills

 

Corporate Governance and Ethics

The global financial crisis that started in 2007 increased the urgency of the search for a better ethical framework and governance for business. An increase in the range, significance and impact of corporate social and environmental initiatives in recent years suggests the growing materiality of a more ethically informed approach. There are increasing indications of large corporations taking their ethics and corporate governance responsibilities more seriously, and of these issues becoming more critical in the business agenda.

This module will thus give you the opportunity to explore issues in corporate governance and ethics and the important role of the board of directors in improving governance and in embedding a more ethical approach in organisations.

Teaching:

  • Lectures to communicate key knowledge of corporate governance concepts
  • Seminars to explore and apply this knowledge to real corporate governance contexts.
  • Case studies, practical exercises, ethics vignettes and guest speakers and/ or study visits
  • Guided personal study supported by associated reading list, lecture notes and relevant research articles

Assessments:

100%        Individual essay

Contemporary Issues in Finance

The aim of this module is to give students an overview of the factors that shape contemporary financial systems. The module will cover the causes of the financial crisis and make a strategy to tackle the next financial crisis, geopolitical conflicts and their impact on finance, climate financing, and the recent development of finance such as cryptocurrency, etc.

Semester Two

New

Sustainable Finance

The aim of this module is to provide students with a comprehensive understanding of sustainability principles, practices and frameworks. This module will cover sustainability reporting, sustainable supply chain management, green procurement, and stakeholder engagement etc.

Optional modules: select two from:

FinTech

This module looks at the latest developments in the area of Financial Technology. It starts by discussing the nature of blockchains and the innovation in financial services that are likely to take place in the coming years. It then examines the importance of modern cryptography and explores cryptocurrencies such as Bitcoins and how they are mined. This module makes use of real-world examples of how FinTech is already having an impact on the way the financial services are affected. Finally, it looks at examples of how different countries have reacted to the use of cryptocurrencies through government press releases.

Teaching:

  • Interactive lectures and seminars
  • Small group learning sets will be used as the basis for problem-based learning scenarios designed to include case studies, class-based activities, research articles and web-based materials
  • Guided personal study supported by associated reading list, lecture notes and relevant research articles

Assessments:

100%      Individual report

International Finance

The module will enable you to devise ways of protecting a business from international risk. This will firstly include an understanding of the importance of exchange rates in assessing international interest and inflation rates and their effect on international trade; secondly, the role of derivative instruments and their application to hedging strategies to insure against excessive price volatility including the use of options, futures and swaps; thirdly, international risk reduction through structuring a business, invoicing policy and cash management. Finally, the module examines macro issues including crises, country risk analysis, theories of international trade and the balance of payments.

Teaching:

  • Interactive lectures and seminars
  • Small group learning sets will be used as the basis for problem-based learning scenarios designed to include case studies, class-based activities, research articles and web-based materials
  • Guided personal study supported by associated reading list, lecture notes and relevant research articles

Assessments:

100%      Data analysis report

Banking and Financial Regulation

Banks play a major part in funding companies and by extension in economic development. Their increasing importance has led to regulation on an international level that affects all banking operations both large and small throughout the world. These major developments over the last 20 years make banking a fundamental part of understanding finance and the nature of the regulatory regime. You will have the opportunity to evaluate the performance of a bank as well as to analyse loan data and assess loan products. This allows you to appreciate the problems of lending, issues that are fundamental to all businesses.

You will look at the macro banking environment, study bank regulation and analysis, consider how bank management helps you to manage risk and learn about current issues in banking such as money laundering and internet banking.

Teaching:

  • Interactive lectures and seminars
  • Student activities and discussions
  • Guided personal study supported by additional reading list, lecture notes and relevant research articles

Assessments:

100%      Individual assessment

Semester Three - choose one of:

Dissertation

This module aims to enable you to evaluate research methodologies, develop critiques, interpret knowledge and, where appropriate, propose new hypotheses. To develop in your qualities and transferable skills required for employment or further research e.g. initiative, conceptual, and analytical thinking competencies, as well independence and interpersonal awareness in complex and unfamiliar situations. This module will cover both qualitative and quantitative research methods. 

In the first two trimesters, you will attend weekly classes to develop your qualitative and quantitative research skills. In the final trimester, you will undertake research on a topic of your choice using the skills and knowledge learned during the programme. You will be supported by a subject specialist.

Assessments:

Final dissertation - 12,000-15,000 words

Internship

The Internship is your opportunity to consolidate your learning by engaging with key theories and concepts associated with your programme of study to produce written work that demonstrates your depth of knowledge and originality in approach and content

In the first two trimesters, you will attend weekly classes to develop your qualitative and quantitative research skills. In the final trimester, you will complete a three-month internship (paid or unpaid) with a client on a project relevant to your programme of study. At the end of the internship, you will submit a reflective report on the application of your skills within the internship.

Final dissertation - 10,000-12,000 words

Placement

The Placement is your opportunity to consolidate your learning by engaging with key theories and concepts associated with your programme of study to produce written work that demonstrates your depth of knowledge and originality in approach and content

In the first two trimesters, you will attend weekly classes to develop your qualitative and quantitative research skills. In the final trimester, you will complete a six-month paid placement with a client on a project relevant to the programme of study. At the end of the placement, you will submit a reflective report on the application of your skills within the placement.

Final dissertation - 10,000-12,000 words

Please note that it may not be possible to deliver the full list of options every year as this will depend on factors such as how many students choose a particular option. Exact modules may also vary in order to keep content current. When accepting your offer of a place to study on this programme, you should be aware that not all optional modules will be running each year. Your tutor will be able to advise you as to the available options on or before the start of the programme. Whilst the University tries to ensure that you are able to undertake your preferred options, it cannot guarantee this.

What will I be doing?

100%

Pass rates, 2020-21

22%

Merit

78%

Distinction

TEACHING

The teaching on all our postgraduate courses is based on the following principles:

  • Developing the leader/manager of the future
  • Professional competence
  • Global thinking
  • Ethical, responsible and sustainable practice.

We use a wide range of approaches to teaching to help you learn. Typically a module will include a mixture of activities: generally based around interactive lectures, dealing with a number of specific topics. The tutor introduces and explains key concepts and learning points, which are consolidated by class discussion and case study analysis to help your understanding and to prepare for assessment. You will be encouraged to offer examples from your own experience of work.

In addition, you will get an outline syllabus content and associated reading list at the start of the module which will be the basis for your self-directed study.

An important principle of the learning and teaching strategy is to develop you as a reflective practitioner able to understand your own motivations and abilities.

International student? Returning to study? Making the leap from undergraduate study? Whatever your circumstance, we will support you to move into postgraduate study. Find out more.

ASSESSMENT

Your learning will be assessed through a combination of coursework and examinations. Coursework, some of which is undertaken on an individual basis and some in groups, may take the form of essays, analysis of practical problems and cases, discussion of readings, objective (multiple-choice) tests, computer-based assessment and other forms. Some coursework (in particular individual and group class presentations) may be partly assessed by your fellow students. You will receive structured feedback in respect of coursework to help you develop your knowledge and understanding of materials covered in each module. 

The dissertation in the final semester will count for one third of your final mark.

SUPPORT AND MENTORING

Taking the leap from undergraduate study? Returning after a study break? Joining us as an international student? Whatever your circumstance, we’re committed to supporting you throughout your studies. Find out more about our support for postgraduate students.

Why Choose Salford Business School?

Situated at the heart of Greater Manchester's £5 billion-pound business, finance and digital sector, Salford Business School stands as a dynamic hub for the development and exchange of knowledge. We combine cutting-edge learning with strong industry connections, preparing you to lead change in the fast-paced world of business and finance. 

Our expert-led and industry-informed programmes provide highly practical teaching enriched with real-world learning opportunities. Most of our programmes offer various work placements locally, nationally, and internationally, allowing you to practice and develop your learning. 

Throughout your journey, we will equip you for a fulfilling life and professional career, fostering curiosity, adaptability, and confidence to tackle 21st-century challenges. 

Business: Science or art?

Our postgraduate degree award is a Masters of Science (MSc), reflecting our commitment to data-driven, evidence-based business decisions, even in innovative and creative endeavours. 

At the beating heart of it

You will study at our green Peel Park campus, just a short five-minute journey from central Manchester with close transport links, and our state-of-the-art campus at MediaCity is just a short bus ride away. 

Our dedicated student hub on the sixth floor of the Maxwell Building provides areas for collaborative and independent study and break-out spaces. Additionally, here you can find our in-school progression and careers teams to support your journey. 

Getting here

Our campuses are easily accessible, with Salford Crescent train station at the centre of our Peel Park campus. Whether travelling to us by bus, rail, bike, car, or plane, our campus is easily reached from all over Greater Manchester, Lancashire, and beyond. For international students, Manchester Airport is a short ride away and offers regular flights from London and many international airports. 

Dedicated support

Starting or continuing to study at university is a big decision, and we are committed to supporting you throughout your time with us. 

Our in-school Student Progression Assistants address programme and workload matters, whilst the Careers and Employability team, along with in-school advisors, offers personalised career support. The Library provides diverse learning support beyond your course, and for non-course matters, our university-wide support service, askUS, assist with topics from financial management to wellbeing. 

If entrepreneurship appeals to you, Launch @Salford, our start-up incubator, offers expert insight and support. Additionally, our Business School's Postgraduate Mentoring Scheme connects new master's students with existing ones, providing valuable guidance during your transition. 

These integrated support methods aim to help you seamlessly transition into your postgraduate course and ensure success during your time with us. 

Programme Leader

Dr Ashraful Alam

Dr Ashraful Alam is a lecturer in Accounting & Finance and Programme leader for MSc in Finance at the University of Salford. Prior to joining Salford, he taught at the University of York (where he completed his PhD), Leeds Beckett University and University of Dhaka. His research interests revolve around R&D investment and governance in emerging markets, gender, climate change, fintech, institutions, accounting practices and accounting changes. He has published articles in R&D Management, The International Journal of Accounting, Technological Forecasting & Social Change, Journal of Business Research, Business Strategy and the Environment, and Journal of Applied Accounting Research.

Read Dr Ashraful Alam's full staff profile 

A global community

Salford Business School is home to a diverse global student-staff community. Our teaching team consists of active researchers, academics, and industry experts who offer the latest in theory, research, and industry expertise. 

Furthermore, our diverse student community brings together individuals from various backgrounds and experiences, providing you with a well-rounded perspective, knowledge, and friendships that will shape you into a future leader and global citizen. This equips you to thrive in life and your career, instilling curiosity, adaptability, and confidence to confront the digital, ethical, and sustainability challenges of the 21st century. 

Employment and stats

What about after uni?

This is an advanced degree and can lead you to a wide range of career opportunities and roles, such as stock market financial analyst, funds portfolio manager and global hedge fund manager.

On successfully finishing this programme, you will be equipped with the skills and understanding necessary to effectively and efficiently perform tasks in a managerial or consulting role. As well as your academic learning, you will develop your ability to work well in teams and independently, to evaluate critically, think creatively and communicate effectively with respect to issues in the industry; and to recognise good practice in the analysis, planning and management of international banking and finance products and services. You'll also develop an advanced level of understanding of research methods and their application to a wide range of real-world problems.

A taste of what you could become

A funds portfolio manager

A stock market analyst

A global hedge fund manager

A management consultant

An entrepreneur

And more...

Career Links

The University of Salford grew out of the institutes of the late 19th century that provided a talented, technically proficient and professional workforce to support the UK’s rapidly growing industries. In the 21st century, this still holds strong. Whilst industry has changed significantly, the need for industry-focused education is equally relevant today.

We teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.

The curriculum across our postgraduate courses balances academic teaching and professional experience. Our industry partners give us their input into the curriculum so that the teaching reflects industry’s current and future needs and you develop the skills that employers want. The Industry Collaboration Project, which forms the final third of your study, is designed to give you real-world experience so you can apply the theory you have learned.

Requirements

What you need to know

APPLICANT PROFILE

You will be keen to develop your financial knowledge but also to develop your skills as an independent learner. You will supported and encouraged to become more articulate, more collaborative and more time conscious. Continuous formative feedback by lecturers will be available on a regular basis.

ENGLISH LANGUAGE REQUIREMENTS

International applicants will be required to show a proficiency in English. An IELTS score of 6.0 (with no element below 5.5) is proof of this. If you need to improve your written and spoken English, you might be interested in our English language courses.

Find out about dedicated support for international applicants.

Standard entry requirements

Undergraduate degree

Normally a minimum 2:2 honours degree or equivalent. A wide range of professional qualifications are also accepted, either in partial or complete fulfilment of entry requirements.

International Students

We accept qualifications from all around the world. Find your country to see a full list of entry requirements.

Alternative entry requirements

Accreditation of Prior Learning (APL)

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.

Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL).

How much?

Type of study Year Fees
Full-time home 2024/25 £8,550.00per year
Full-time international 2024/25 £16,560.00per year
Part-time 2024/25

Part time fees will be calculated on a pro rata basis

Full-time home 2025/26 £8,550.00per year
Full-time international 2025/26 £16,560.00per year
Part-time 2025/26 Part time fees will be calculated on a pro rata basis

Additional costs

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits. For more information please see our funding section.

International applicants 

If you are applying from overseas and are accepted onto the programme with placement, there will be additional costs associated with visa extensions. These include:

  1. Extending your student visa fee (visit gov.uk for more information). Please note, this is in addition to your original student visa fee.
  2. Tier 4 biometrics enrolment fee.
  3. Immigration Health Surcharge 12 month fee (visit gov.uk for more information).

Visit Immigration and Visa FAQ and read the section on extending your Tier 4 visa for further information.

International scholarships

If you are a high-achieving international student, you may be eligible for one of our international scholarships.

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Apply now

All set? Let's apply

Still have some questions? Contact us:

By email: enquiries@salford.ac.uk
By phone: +44 (0)161 295 4545

Enrolment dates

September 2025