Course Overview
The MSc Finance and Wealth Management is a specialized one-year program designed to develop the technical, quantitative, and analytical skills needed for careers in finance and wealth management professions. This comprehensive program covers strategic wealth management, investment analysis, financial econometrics, and performance management. Students will learn to manage wealth for themselves and others, construct portfolios, assess client needs, and apply modern econometric techniques. The program combines theoretical knowledge with practical applications through diverse assessment methods, preparing graduates for roles as financial advisors, investment analysts, and wealth managers in the global financial industry.
Course Structure
Core Modules
Strategic Wealth Management & Financial Planning
Develop tools for managing personal and client wealth. Learn portfolio management from investment policy statement to portfolio construction. Study regulatory environment, wealth management process, client needs assessment, tax management, and financial planning. Cover expected utility, dividend policy, growth, and share valuation.
Investment Analysis and Financial Econometrics
Develop understanding of investment theory and practice. Cover investment environment, portfolio and capital market theories. Apply modern econometric techniques with emphasis on financial econometrics, statistical models, and data understanding. Learn ARCH and GARCH models and use statistical software for analysis.
Performance Management
Study leadership, management, project management, investment, financing, and dividend policy decisions. Understand firms' financial management, long-term investment, and working capital management. Learn capital budgeting techniques and how leadership styles impact firm performance.
Dissertation
Independent research project on a topic relevant to finance and wealth management. Design and execute research, present findings as a dissertation. Demonstrate knowledge and skills required to organise and conduct academic research in finance.
Optional Modules (Choose One)
International Finance and Risk Management
Understand strategic financing, investment, and risk management in global context. Study financial management of multinational enterprises, global money and capital markets, exchange rate risk management, and financial derivatives for risk management.
Monetary Policy and Financial Markets
Study money, monetary policy, and financial markets in globalized world. Learn techniques for monetary policy decisions, money creation process, general equilibrium theory, inflation, portfolio theory, and central bank independence.
Learning Outcomes
Confidently manage personal and client wealth through strategic financial planning
Construct investment portfolios that meet client needs and risk profiles
Apply modern econometric techniques for financial data analysis
Use statistical software for econometric analysis including ARCH and GARCH models
Make informed investment decisions based on critical analysis
Understand capital budgeting techniques and dividend policies
Apply corporate financial theory in real-world scenarios
Evaluate leadership and management styles' impact on firm performance
Lead and manage projects successfully using appropriate techniques
Conduct independent academic research in finance and wealth management
Course Benefits
Specialized focus on wealth management and financial planning
Development of technical, quantitative, and analytical finance skills
Intensive one-year program for rapid career entry
Flexible study schedule - lectures 3 days per week
Multiple intake dates for professional flexibility
Choice of optional module for specialization
Strong emphasis on practical applications and real-world scenarios
Preparation for Chartered Financial Analyst (CFA) examinations
Access to London's financial district for networking and opportunities
Mix of assessment methods including portfolios and examinations
Career Opportunities
Financial Advisor
Wealth Manager
Investment Analyst
Portfolio Manager
Financial Planner
Investment Banker
Risk Manager
Asset Manager
Financial Consultant
Investment Strategist
Private Banker
Financial Research Analyst
Progression Routes
- PhD in Finance or Wealth Management
- Doctor of Business Administration (DBA)
- Chartered Financial Analyst (CFA) qualification
- Professional certifications in wealth management
- Executive education programs in finance
Admission Requirements
Entry Requirements
- At least a 2:2 honours degree equivalent to UK Honours Degree
- Degree in finance, economics, accounting or a related discipline
Tuition and Fees
Deposit
Varies - Deposit requirements to be confirmed upon offer
Scholarships
Scholarships are available
Scholarships can cover up to Varies of the tuition fees.
Accreditation
Birkbeck, University of London