The Cranfield MSc in Finance and Management is a one-year programme starting in September each year.
 Term 1: 26 September 2016 to 16 December 2016
 Term 2: 9 January 2017 to 24 March 2017
 Term 3: 10 April 2017 to 23 June 2017
 Term 4: 26 June 2017 to 8 September 2017
The module provides you with a basic foundation in the essentials of corporate financial management. The course focuses on three principal aspects of corporate finance: the investment decision; the cost of capital; and the financing decision. Emphasis is put on empirical research in order to provide participants with an understanding of underlying theory and principles of corporate finance.
The module will help you understand the complexities of international finance, the instruments used to manage risk, and how risk impacts investment and financing decisions.
The module will give you practical insights into the issues that influence the operation of the main financial markets of the world. You will explore trading institutions, market making, position-taking, market types, controversies in trading and debt, equity and derivative markets. You will also examine the principal ethical issues present in all financial markets, reflect on your own ethical decision-making and discuss strategies to deal with challenging ethical dilemmas.
The module is designed to impart greater understanding of empirical methods in finance and develop important skills in the assessment, analysis and interpretation of published financial research. You will also look at some of the unresolved issues in finance and some of the paradigms in financial research methodology.
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This module will provide you with a comprehensive understanding of valuation principles and techniques, as well as equip you with the ability to communicate professionally within financial services organisations. You will explore the ever-increasing sophistication of spread sheets to develop valuation models and be introduced to programming in Visual Basic for Applications to help unlock the potential of Excel to create more powerful and flexible financial models.
The module provides the relevant mathematical and statistical training necessary to be able to conduct appropriate empirical studies and apply theoretical financial models in practice.
The module provides you with a very clear understanding of the basics of accounting. By the end of the course, you will be able to interpret accounting information with confidence and be able to use it to make decisions and to communicate with others.
The module develops your knowledge of modern economic theory to help you understand the relationship between the organisation and its place in today's global economy.
This course introduces you to selected topics in the field of organisational behaviour. It will provoke you to reflect on yourself and your experiences of working with others and to think about managing people in organisations and about organisations themselves.
The module will encourage you to explore the concepts and frameworks required when dealing with strategic issues. This involves determining the purpose of the organisation, establishing objectives, and formulating strategies to achieve the objectives. The module predominantly explores how an organisation positions itself with regard to its changing environment, and in particular its competitors, in order to gain and sustain competitive advantage.
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The module develops your awareness of the context of corporate restructuring, the range and constraints of options available and how to establish the right criteria for making restructuring a success.
This module will build on the learning from the core Corporate Finance module. You will gain in-depth knowledge of why and how choices about capital structure, payout policy and other financial decisions do matter in the real world, to enable you to make the correct financing and investment decisions.
This module focuses on financing issues facing small business ventures from the perspective of both the entrepreneur and the investors. It will provide you with awareness and understanding of the key issues related to the evaluation and financing of entrepreneurial ventures and will explore aspects of deal negotiations and deal structures.
This module will provide you with an applied knowledge of infrastructure financing models that will help you gain the necessary skills for applying these in real-world environment. Upon successful completion of this module, you will be able to use the principles underlying infrastructure investment management, with specific emphasis on development of appropriate financing models.
This module will examine what is meant by organisational performance and the theories of control, performance measurement and management. It will encourage you to consider the applications of direction setting and management control systems, why organisations measure, how performance measures set direction and how performance is delivered.
The module introduces you to the historic pattern of merger and acquisition activity and provides an overview of the five-stage merger and acquisition process. You will explore the organisation's view of mergers, the fundamentals of the deal transaction, antitrust regulation, the bid process and post-acquisition analysis of organisational performance. A simulated takeover game will give you further insight into the acquisition process.
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The module explains the importance of private equity, as well as the rationale behind it and how to measure its performance. By exploring policy issues such as transparency, high leverage and the impact of restructuring, the module helps you to understand the broader context of private equity.
The module provides the participants with a solid knowledge of a variety of econometric techniques, useful in modelling and solving financial problems.
Your thesis gives you the opportunity to carry out a major research project, gain hands-on industry experience and make a real difference in a financial environment. Cranfield's long-standing links with industry and high profile network of more than 16,000 alumni means you will have access to a wide range of international organisations with which to carry out your project.
During terms three and four of the course you will research, report and present on a subject that will be agreed between you and the course director. You will then be assigned a supervisor with expertise in your field of study who will work closely with you to provide expert guidance, advice and industry insights.
The process of writing your thesis will give you grounding in a number of transferable skills that you will be able to apply to future complex research challenges in the workplace. They include:
 Principles of research
 The research process
 Problem formulation
 Data collection
 Data analysis
 Report writing.
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