The foundation of the programme is built in the first term with the study of two core courses: Corporate Finance and Asset Markets. Corporate Finance begins with the firm's investment decision and the cost of capital. This in turn is linked to the firm's financial structure and market environment where the firm operates. It studies in detail major financial decisions including dividend choice, going public, mergers and acquisitions, and restructuring in financial distress. Asset Markets takes the student from fundamental concepts to up-to-date applications in fixed-income, equity, and derivatives markets.
In the second term, students deepen their specific knowledge of private equity by taking a dedicated course taught by the School's Abraaj Group Chair in Private Equity. This will explore the structure of private equity (PE) funds and how PE can be used in start-ups, in scaling-up cash flow businesses, and in restructuring firms facing financial distress. It explores the link between PE and venture capital on the one hand and public securities markets on the other. This course involves case studies and is taught in conjunction with a range of practitioners in the field. Students write a 6,000 extended essay on a topic related to PE as part of the assessment for this course.
Additionally, during the second term students will take three optional half unit courses on topics such as financial systems, risk management, portfolio management methods, advanced derivatives and structured financial products, fixed income, advanced corporate finance, and applied financial valuation.
Term 1: Compulsory courses
Term 2: Compulsory course
Students must choose three half-unit options from the following list of courses.
N.B. Students must select at least two options from the list of dedicated options (*)
Exclusive to MSc Finance / MSc Finance & Private Equity students:
Students are required to write a 6,000 word extended essay as 80 per cent of the assessment in the core Private Equity course.