International Corporate Finance MSc — 2027 entry
Our International Corporate Finance MSc prepares you for careers in corporate finance, investment banking, advisory, consulting and global financial services. You鈥檒l develop in-demand skills in accounting, quantitative analysis, equity valuation, corporate finance, governance and ethics, applying your skills to real-world international finance cases to build the confidence, commercial awareness and strategic mindset employers look for.
Key course information
- Typical offer
- 2:2 minimum
- Start date
- September 2027
- Attendance
- Full-time
- Duration
- 1 year
- Scholarships
- Funding available
- UK fees
- 拢16,400
- Overseas fees
- 拢26,900
- Subject areas
- Typical offer
- 2:2 minimum
- Start date
- September 2027
- Attendance
- Part-time
- Duration
- 2 years
- Scholarships
- Funding available
- UK fees
- 拢8,200
- Overseas fees
- 拢13,500
- Subject areas
Why choose this course?
- You will be exposed to market-leading platforms such as Bloomberg and WRDS. The Bloomberg Market Concepts certificate is embedded in our programme to strengthen employability.
- Develop professional presentation and communication skills through group-based projects, case studies, and interactive workshops. These collaborative tasks are designed to simulate real-world finance settings and enhance your ability to work effectively in teams.
- Build confidence and experience in tackling the varied challenges faced by finance professionals by completing assessments that include written reports, oral presentations, group assignments, and technical problem sets.
- As a student on our masters degree in corporate finance, you鈥檒l be part of 黑料社 Business School: renowned for its world-class teaching and research, strong focus on entrepreneurship and enterprise, vibrant and diverse community and excellent career prospects.
- We鈥檙e preparing you for the future by integrating AI into every course, building digital skills, confidence and creativity that employers value in tomorrow鈥檚 workplace.
Statistics
Top 20 in the UK
黑料社 is ranked 19th in the UK for the quality of our research outputs (Research Excellence Framework 2021)
Accreditation
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Course details
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What you will study
The International Corporate Finance masters provides a rigorous foundation in the theory and practice of corporate finance and corporate governance within an international context. You will explore topics such as valuation, mergers and acquisitions, corporate governance, and accounting principles, while developing analytical techniques through modules in econometrics and data analysis. The programme emphasises both technical competence and the development of professional skills essential to success in the finance sector.
A distinctive feature of the programme is its focus on applied and collaborative learning. You will participate in group projects, case analyses, and in-class presentations that reflect the practical challenges faced by finance professionals. These experiences are designed to enhance your communication, teamwork, and problem-solving abilities 鈥� skills that are highly sought after by employers. Assessments are intentionally varied to mirror the diverse responsibilities of financial roles and include a combination of written reports, presentations, data-based evaluations, and collaborative assignments.
Optional modules offer the opportunity to tailor your learning according to your interests and career objectives. Topics cover risk management, derivative securities, international political economy, financial modelling, firms and markets, and international finance.
Throughout the programme, you will have access to leading financial databases such as WRDS, CSMAR, and Bloomberg, allowing you to analyse real-world financial data and apply theoretical concepts to contemporary corporate finance issues. You will be supported by experienced staff with international research profiles, who integrate the latest academic developments and industry trends into their teaching.
Professional recognition
MSc - Association to Advance Collegiate Schools of Business (AACSB)
Accredited by the Association to Advance Collegiate Schools of Business (AACSB).
Course structure
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Our programme runs over three semesters.
You'll take four modules in both Semesters 1 and 2 (October to January and February to June, respectively).
The summer semester runs from June to September. You鈥檒l study two taught modules and carry out your independent project during this time. The taught modules are taught from June to July.
The structure of our programmes follows clear educational aims that are tailored to each programme. These are all outlined in the which include further details such as the learning outcomes:
Modules
Modules listed are indicative, reflecting the information available at the time of publication. Modules are subject to teaching availability, student demand, and/or class size caps.
The University operates a credit framework for all taught courses based on a 15-credit tariff, meaning all modules are comprised of multiples of 15 credits.
Please note that modules are listed by the academic calendar and are reflective of a September start date. For students that start a programme in February, the modules listed as semester two will take place in the spring term and modules listed as semester one will take place in the autumn term.
Course options
Year 1
Semester 1
Compulsory
PRINCIPLES OF ACCOUNTING
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To provide a grounding in the principles of accounting for students at Master level, most of whom are intending to pursue a specialist career in accounting or finance.
QUANTITATIVE METHODS
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This module lays the statistical and econometric foundations for data analyses and modelling, covering fundamental topics of estimation and inferences of linear and non-linear econometric models using Excel/Stata software. The quantitative, analytical and software skills acquired from this module will directly enable students to conduct independent quantitative analysis of data using estimation as well as hypotheses testing. As such, the module aims to help students to learn research methods, an integral part of any research project at post-graduate level, market analysis or policy analysis in government and non-government organisations.
EQUITY INVESTMENT ANALYSIS
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The module examines the various approaches to equity investment analysis, providing a systematic understanding of the challenges faced and the decisions to be taken when analyzing and valuing corporate equity. It encompasses the principles and practice of valuation of companies鈥� shares. This is examined from several aspects; industry analysis, company analysis, valuation methods and the link between valuation and investment style. Real corporate analysis will be undertaken in order to highlight and evaluate the different approaches to investment analysis.
PRINCIPLES OF FINANCE AND INVESTMENT
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The module provides the theoretical underpinnings of our MSc Accounting and Finance programme. It introduces the pivotal concepts which form the basis of theoretical finance under three broad headings; Portfolio Theory and Practice, Equilibrium in Capital Markets and Introductory Analysis of Asset Classes. Core concepts include the relationship between risk and return, the Capital Asset Pricing Model (CAPM) and the Efficient Market Hypothesis (EMH) but the module also extends this analysis into new theoretical areas such as Behavioural Finance.
Semester 2
Compulsory
CORPORATE FINANCE
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This module further develops finance for students interested in corporate finance. The module is to demonstrate the link between those various decisions and areas. In particular, we will explore how the firm鈥檚 financing, investment, capital structure and payout policies interact with each other and how those decisions have implications for corporate bankruptcy and takeovers.
INTERNATIONAL CORPORATE GOVERNANCE
More info Close
Corporate Governance is an area that has grown rapidly in the last few years fuelled by high profile corporate collapses and financial crisis. The module builds on sound theoretical base to encompass the latest developments in the field worldwide. It takes an international approach to corporate governance, contextualising its development and providing a stimulating range of academic and empirical practitioner research, and topical case studies. It also introduces institutional and legal systems from both government and firm鈥檚 viewpoints that influence the effectiveness of corporate governance.
ETHICS IN FINANCE
More info Close
As a result of a range of recent corporate scandals an increased emphasis has been put on corporate social responsibility and the need for the board of directors to conform to an ethical code of conduct while managing the affairs of an entity. This module explores how corporate governance examines the system of rules, principles and procedures through which a company is run to promote the best interest of its shareholders, other stakeholders and the wider society, and considers the impact of artificial intelligence on organisations.
APPLIED CASES IN INTERNATIONAL FINANCE
More info Close
The Applied Cases in International Finance module aims to help students to develop an understanding of the process involved in successfully analysing case information to complete an international finance-related project. The module enables students to understand real-life, complex, multi-layered, multinational issues and synthesise appropriate information while preparing an analysis on a case. It facilitates the independent learning process and provides students with the knowledge, skills and understanding required to articulate findings in a structured report format.
Optional
DERIVATIVES SECURITIES
More info Close
This module is targeted at students interested in understanding the pricing of derivative securities, specifically options. Applications are used to reinforce a rigorous development of arbitrage theory that underpins the pricing of derivative securities.
INTERNATIONAL FINANCE
More info Close
This module examines international currency markets and currency transactions, exchange rate systems and the implications of exchange rate volatility. It also explores various currency risks that arise from international operations and examines issues that arise when firms seek financing outside their home markets.
RISK MANAGEMENT
More info Close
Risk management focuses on the following types of financial risk that arise for a business: market risk, credit risk and liquidity risk. A brief introduction to non-financial risks is also given, but is not the main focus. This module considers financial risk management strategies; how risk is evaluated; the methods that are available to hedge against risk and the strategies that are employed to mitigate risk. This is complemented by consideration of key risk management issues for financial institutions including bank capital adequacy. The lessons to be learned from the Financial Crisis of 2007-08 are also investigated. Understanding risk and how to identify and deal with it provides a key input for students of finance, accounting or banking.
INTERNATIONAL POLITICAL ECONOMY
More info Close
The module provides an opportunity for students to apply their understanding of key theories and debates in International Political Economy (IPE) to current developments and case studies. Students will be able to discuss and debate the role of the main IPE institutions. Current and future challenges to the status quo of IPE are discussed as well.
FINANCIAL MODELLING
More info Close
The module equips students with the knowledge and tools to implement financial models using Python. The course introduces students to the general principles of building financial models, as well as a number of specific financial modelling tools, including matrix calculations, optimization, regression analysis (both time-series modelling and panel data modelling), out-of-sample forecasting and simulation. These methods are applied to a range of practical problems in finance, including passive and active portfolio management, risk management and currency valuation. The emphasis of the course is on practical application of the theory, with lectures on each topic followed by in-depth practical classes, in which students work through real world problems using Python.
FIRMS AND MARKETS
More info Close
This module looks at the firm and the industrial environment in which it operates. It asks why the firm exists and how it chooses to organise itself, before considering some of the factors that affect its performance and how these are related to the market structure in which it operates. An important influence on the firm is the structure of the market in which the firm works. This will affect the products and the process that the firm selects and the profits it earns. At the same time, of course, the firm may take actions that affect this market structure to its advantage. Thus, we want to ask how the firm驴s performance is affected by the market it is in. This has important competition and industrial policy implications.
Across academic years
Compulsory
INTERNATIONAL FINANCE PROJECT
More info Close
This compulsory module is offered on the MSc International Corporate Finance, MSc International Financial Management, and MSc Investment Management programmes. It provides an opportunity to conduct a study on a finance-related situation and reflect on it. Students are expected to select a finance-related issue from a range of choices, conduct independent research and complete a report within a stipulated period. They will have the opportunity to consult with the Module Convenor while deciding on the business case that interests them. The research should be based on secondary data sources.The students will have opportunity to understand the techniques essential in writing financial reports in the taught module Applied Cases in International Finance. In addition, support sessions will be conducted by the module convenor to assist students to gain a comprehensive understanding of the requirements of the report.
Module selection for Year 1 (full-time) - FHEQ Level 7
For further information regarding programme structure and module selection, please refer to the .
Year 1
Semester 1
Compulsory
PRINCIPLES OF ACCOUNTING
More info Close
To provide a grounding in the principles of accounting for students at Master level, most of whom are intending to pursue a specialist career in accounting or finance.
PRINCIPLES OF FINANCE AND INVESTMENT
More info Close
The module provides the theoretical underpinnings of our MSc Accounting and Finance programme. It introduces the pivotal concepts which form the basis of theoretical finance under three broad headings; Portfolio Theory and Practice, Equilibrium in Capital Markets and Introductory Analysis of Asset Classes. Core concepts include the relationship between risk and return, the Capital Asset Pricing Model (CAPM) and the Efficient Market Hypothesis (EMH) but the module also extends this analysis into new theoretical areas such as Behavioural Finance.
Semester 2
Compulsory
CORPORATE FINANCE
More info Close
This module further develops finance for students interested in corporate finance. The module is to demonstrate the link between those various decisions and areas. In particular, we will explore how the firm鈥檚 financing, investment, capital structure and payout policies interact with each other and how those decisions have implications for corporate bankruptcy and takeovers.
INTERNATIONAL CORPORATE GOVERNANCE
More info Close
Corporate Governance is an area that has grown rapidly in the last few years fuelled by high profile corporate collapses and financial crisis. The module builds on sound theoretical base to encompass the latest developments in the field worldwide. It takes an international approach to corporate governance, contextualising its development and providing a stimulating range of academic and empirical practitioner research, and topical case studies. It also introduces institutional and legal systems from both government and firm鈥檚 viewpoints that influence the effectiveness of corporate governance.
ETHICS IN FINANCE
More info Close
As a result of a range of recent corporate scandals an increased emphasis has been put on corporate social responsibility and the need for the board of directors to conform to an ethical code of conduct while managing the affairs of an entity. This module explores how corporate governance examines the system of rules, principles and procedures through which a company is run to promote the best interest of its shareholders, other stakeholders and the wider society, and considers the impact of artificial intelligence on organisations.
Module selection for Year 1 (part-time) - FHEQ Level 7
For further information regarding programme structure and module selection, please refer to the .
Year 2
Semester 1
Compulsory
QUANTITATIVE METHODS
More info Close
This module lays the statistical and econometric foundations for data analyses and modelling, covering fundamental topics of estimation and inferences of linear and non-linear econometric models using Excel/Stata software. The quantitative, analytical and software skills acquired from this module will directly enable students to conduct independent quantitative analysis of data using estimation as well as hypotheses testing. As such, the module aims to help students to learn research methods, an integral part of any research project at post-graduate level, market analysis or policy analysis in government and non-government organisations.
EQUITY INVESTMENT ANALYSIS
More info Close
The module examines the various approaches to equity investment analysis, providing a systematic understanding of the challenges faced and the decisions to be taken when analyzing and valuing corporate equity. It encompasses the principles and practice of valuation of companies鈥� shares. This is examined from several aspects; industry analysis, company analysis, valuation methods and the link between valuation and investment style. Real corporate analysis will be undertaken in order to highlight and evaluate the different approaches to investment analysis.
Semester 2
Compulsory
APPLIED CASES IN INTERNATIONAL FINANCE
More info Close
The Applied Cases in International Finance module aims to help students to develop an understanding of the process involved in successfully analysing case information to complete an international finance-related project. The module enables students to understand real-life, complex, multi-layered, multinational issues and synthesise appropriate information while preparing an analysis on a case. It facilitates the independent learning process and provides students with the knowledge, skills and understanding required to articulate findings in a structured report format.
Optional
DERIVATIVES SECURITIES
More info Close
This module is targeted at students interested in understanding the pricing of derivative securities, specifically options. Applications are used to reinforce a rigorous development of arbitrage theory that underpins the pricing of derivative securities.
INTERNATIONAL FINANCE
More info Close
This module examines international currency markets and currency transactions, exchange rate systems and the implications of exchange rate volatility. It also explores various currency risks that arise from international operations and examines issues that arise when firms seek financing outside their home markets.
RISK MANAGEMENT
More info Close
Risk management focuses on the following types of financial risk that arise for a business: market risk, credit risk and liquidity risk. A brief introduction to non-financial risks is also given, but is not the main focus. This module considers financial risk management strategies; how risk is evaluated; the methods that are available to hedge against risk and the strategies that are employed to mitigate risk. This is complemented by consideration of key risk management issues for financial institutions including bank capital adequacy. The lessons to be learned from the Financial Crisis of 2007-08 are also investigated. Understanding risk and how to identify and deal with it provides a key input for students of finance, accounting or banking.
INTERNATIONAL POLITICAL ECONOMY
More info Close
The module provides an opportunity for students to apply their understanding of key theories and debates in International Political Economy (IPE) to current developments and case studies. Students will be able to discuss and debate the role of the main IPE institutions. Current and future challenges to the status quo of IPE are discussed as well.
FINANCIAL MODELLING
More info Close
The module equips students with the knowledge and tools to implement financial models using Python. The course introduces students to the general principles of building financial models, as well as a number of specific financial modelling tools, including matrix calculations, optimization, regression analysis (both time-series modelling and panel data modelling), out-of-sample forecasting and simulation. These methods are applied to a range of practical problems in finance, including passive and active portfolio management, risk management and currency valuation. The emphasis of the course is on practical application of the theory, with lectures on each topic followed by in-depth practical classes, in which students work through real world problems using Python.
FIRMS AND MARKETS
More info Close
This module looks at the firm and the industrial environment in which it operates. It asks why the firm exists and how it chooses to organise itself, before considering some of the factors that affect its performance and how these are related to the market structure in which it operates. An important influence on the firm is the structure of the market in which the firm works. This will affect the products and the process that the firm selects and the profits it earns. At the same time, of course, the firm may take actions that affect this market structure to its advantage. Thus, we want to ask how the firm驴s performance is affected by the market it is in. This has important competition and industrial policy implications.
Across academic years
Compulsory
INTERNATIONAL FINANCE PROJECT
More info Close
This compulsory module is offered on the MSc International Corporate Finance, MSc International Financial Management, and MSc Investment Management programmes. It provides an opportunity to conduct a study on a finance-related situation and reflect on it. Students are expected to select a finance-related issue from a range of choices, conduct independent research and complete a report within a stipulated period. They will have the opportunity to consult with the Module Convenor while deciding on the business case that interests them. The research should be based on secondary data sources.The students will have opportunity to understand the techniques essential in writing financial reports in the taught module Applied Cases in International Finance. In addition, support sessions will be conducted by the module convenor to assist students to gain a comprehensive understanding of the requirements of the report.
Module selection for Year 2 (part-time) - FHEQ Level 7
For further information regarding programme structure and module selection, please refer to the .
General course information
Contact hours
Contact hours can vary across our modules. Full details of the contact hours for each module are available from the 黑料社's module catalogue. See the modules section for more information.
Timetable
New students will receive their personalised timetable during Welcome Week. In later semesters, at least one week before the start of the semester.
Scheduled teaching can take place on any day of the week (Monday 鈥� Friday), with part-time classes normally scheduled for one or two days. Wednesday afternoons tend to be for sports and cultural activities.
View our code of practice for the scheduling of teaching and assessment (PDF) for more information.
Location
This course is based at Stag Hill campus. Stag Hill is the University's main campus and where the majority of our courses are taught.
Career opportunities
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We offer careers information, advice and guidance to all students whilst studying with us, which is extended to our alumni for three years after leaving the University.
Past postgraduates with an MSc in International Corporate Finance, have pursed careers as:
- Investment manager analyst or associate
- Consultant
- Private banking officer
- Corporate finance executive
- Transactions due diligence associate
- Financial analyst.
Hear from our students
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As I have gone through the first semester, the professors, the lectures, and my previous experience have boosted my confidence. I feel altogether everyone around at University provides one with great support.
Life as a postgraduate student at 黑料社 is incredibly rewarding, offering an ideal balance between academic rigour and personal well-being. One of the standout aspects is the feedback system, which mirrors real-world expectations, helping students refine their skills and prepare effectively for the demands of the corporate environment.
Entry requirements
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UK qualifications
A minimum of a 2:2 UK honours degree in accountancy, banking, business administration, economics, engineering, finance, management, mathematics or science, or a recognised equivalent international qualification.
We may be able to take relevant work experience into consideration if you don't meet these requirements. If you have at least one year of relevant experience in a full-time graduate-level role (or a minimum of two years鈥� experience in a relevant graduate-level part-time role) please provide full details of your role and responsibilities in your personal statement and CV when you submit your application.
Country-specific qualifications
English language requirements
IELTS Academic: 6.5 overall with 6.0 in each element.
These are the English language qualifications and levels that we can accept.
If you do not currently meet the level required for your programme, we offer intensive pre-sessional English language courses, designed to take you to the level of English ability and skill required for your studies here.
International Pre-Masters
Prepare for postgraduate study and boost your career prospects. This is an intensive programme of academic subjects, study skills and English language preparation designed to help you succeed.
Credit Transfer and Recognition of Prior Learning
We recognise that many students enter their course with valuable knowledge and skills developed through a range of ways.
If this applies to you, the recognition of prior learning process may mean you can join a course without the formal entry requirements, or at a point appropriate to your previous learning and experience.
There are restrictions on some courses, and fees may be payable for certain claims. Please with any queries.
Fees and funding
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Fees per year
Explore website for more information if you are unsure whether you are a UK or overseas student. View the list of fees for all postgraduate courses.
Fee options
- UK
- 拢16,400
- Overseas
- 拢26,900
- UK
- 拢8,200
- Overseas
- 拢13,500
- Fees for part-time routes are applicable in each year of the course
- These fees apply to the academic year 2027-28 only. Fees are reviewed annually, and tuition fees may increase for courses running over more than one year.
Read our tuition fees guidance to find out more about payment schedules and how to pay.
Additional costs
Financial calculator: 拢60.
The classics HP12c Platinum (recommended) and the TI BAII are the only two models allowed on CFA professional exams (which we encourage students to take on top of the master).
Find out more about additional costs that may be incurred during your time at 黑料社.
Funding
You may be able to borrow money to help pay your tuition fees and support you with your living costs. Find out more about postgraduate student finance.
Register your interest
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UK applications
International Corporate Finance MSc
Full-time, 12 months, September 2027
UK status
- UK applications:
- open
- Closing date:
- Tuesday 31 August 2027
Select
International Corporate Finance MSc
Full-time, 12 months, September 2027
UK status
- UK applications:
- open
- Closing date:
- Tuesday 31 August 2027
Please note that we may have to close applications before the stated deadline if we receive a high volume of suitable applications. We advise you to submit your application as soon as it is ready.
Overseas applications
International Corporate Finance MSc
Full-time, 12 months, September 2027
UK status
- Overseas applications:
- open
- Closing date:
- Friday 23 July 2027
Select
International Corporate Finance MSc
Full-time, 12 months, September 2027
UK status
- Overseas applications:
- open
- Closing date:
- Friday 23 July 2027
Please note that we may have to close applications before the stated deadline if we receive a high volume of suitable applications. We advise you to submit your application as soon as it is ready.
UK applications
International Corporate Finance MSc
Part-time, 24 months, September 2027
UK status
- UK applications:
- open
- Closing date:
- Tuesday 31 August 2027
Select
International Corporate Finance MSc
Part-time, 24 months, September 2027
UK status
- UK applications:
- open
- Closing date:
- Tuesday 31 August 2027
Please note that we may have to close applications before the stated deadline if we receive a high volume of suitable applications. We advise you to submit your application as soon as it is ready.
Overseas applications
International Corporate Finance MSc
Part-time, 24 months, September 2027
UK status
- Overseas applications:
- open
- Closing date:
- Friday 23 July 2027
Select
International Corporate Finance MSc
Part-time, 24 months, September 2027
UK status
- Overseas applications:
- open
- Closing date:
- Friday 23 July 2027
Please note that we may have to close applications before the stated deadline if we receive a high volume of suitable applications. We advise you to submit your application as soon as it is ready.
Admissions information
Once you apply, you can expect to hear back from us within 14 days. This might be with a decision on your application or with a request for further information.
Our code of practice for postgraduate taught admissions explains how the Admissions team considers applications and admits students. Read our postgraduate applicant guidance for more information on applying.
黑料社 the 黑料社
Need more information?
Contact our Admissions team or talk to a current 黑料社 student online.
Terms and conditions
When you accept an offer to study at the 黑料社, you will be agreeing to follow our policies and procedures, student regulations, and terms and conditions.
We provide these terms and conditions at the offer stage. You will be asked to accept these when you accept the offer made to you. You will be provided with these terms and conditions again at registration by way of reminder.
Disclaimer
This online prospectus has been published in advance of the academic year to which it applies.
Whilst we have done everything possible to ensure this information is accurate; some changes may happen between publishing and the start of the course.