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Basma Akbar came to Bayes Business School from Kuwait to study on the MSc in Banking and International Finance. In this video she tells us why she loved studying in London and learning from renowned professors.

Overview

Who is it for?

The MSc degree in Corporate Finance is designed for ambitious students with interest in the area of corporate finance. Your background is not necessarily in finance or accounting, but you have a keen interest to study corporate finance and aim for a professional career in this or a related field.

You aim to work as a finance professional for an investment bank, a consulting firm, or a global corporation as a finance manager. You are interested in questions such as:

  • How do investors decide which stocks (e.g. Tesla vs. Ford) and which markets (e.g. the UK vs. Italy) to invest in?
  • The benefits of international compared to domestic mergers?
  • How do hedge funds and investment banks compete in the market?
  • What skills and knowledge you need to work for a hedge fund, a private equity firm, an investment bank or one of top accounting firms, an M&A boutique or a finance department at a global corporation.
  • How to value a company for a private equity buyout, an acquisition or an IPO?
  • How to analyse financial statements to understand firm’s profitability and future prospects

The degree attracts top students from around the world and is among the most popular degrees students apply to. During the studies, you will have the opportunity to meet and network with alumni working in the finance profession and learn their inside tips on getting a finance job. The programme is widely recognised by top recruiters in the City of London and internationally.

Objectives

*You might still see us referred to as Cass Business School. Find out more about our name change.

The Corporate Finance master’s is designed to satisfy your drive to understand how companies manage their investment and financing decisions.

In your studies, you will examine questions such as: how financial markets work and how companies access them to finance their operations, what IPOs and mergers and acquisitions are and how they help increase firm value, how to value financial products, such as stocks and derivatives.

Your studies will encompass practical and up-to-date teaching on how the modern corporate finance world works from top academics and practitioners from the City of London.

You will graduate fully equipped for a successful career within financial management and corporate finance departments of leading global and international corporations, top investment and commercial banks, and family firms.

Unique features of this degree are:

  • core modules in Corporate Finance, Financial Accounting, Mergers & Acquisitions/Private Equity and Risk Management
  • tuition from 'practitioner' professors who discuss how theory applies to the real world
  • hands-on courses on the use of Excel, VBA and opportunity to learn other programming languages such as Python
  • a choice from over twelve finance related electives including international electives in New York, Madrid, Portugal and Milan
  • opportunities to meet and interact with top finance and business leaders during guest lectures and seminars
  • support from one of London’s best Careers’ Office to help you secure future employment (including one-to-one sessions to prepare you for interviews, networking sessions, work on your CV, advice on application and a Career’s Fair where you can meet potential employers)
  • networking events with alumni and finance professionals
  • the opportunity to apply for an additional year's study at LUISS or Bocconi business schools in Italy to quality with two MSc degrees (one from the Bayes Business School and the other from LUISS or Bocconi)
Bjorn-Olafsson
Bjorn
Corporate Finance
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Want to find out more about student life? Chat with our student ambassadors and ask any questions you might have.

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Structure

What will you learn

On the Corporate Finance MSc, you will learn to:

  • Demonstrate an in-depth understanding of corporate finance issues, such as project valuation, optimal firm financing and evaluating firm performance, as well as of financial markets, institutions and instruments
  • Understand and evaluate current issues in corporate finance, including IPOs, mergers and acquisitions, and events in debt markets
  • Formulate finance decisions aimed at delivering returns to shareholders and superior Return on Investment
  • Analyse factors affecting the global flows of finance, e.g. in and out of Asian markets
  • Learn how to network with peers and senior finance professionals in the City of London

Induction weeks

All of our MSc courses start with two compulsory induction weeks which include relevant refresher courses, an introduction to the careers services and the annual careers fair.

Assessment methods

Assessment

We review all our courses regularly to keep them up-to-date on issues of both theory and practice.

To satisfy the requirements of the degree course students must complete:

  • nine core courses (15 credits each)

and either

  • five electives (10 credits each)
  • three electives (10 credits each) and an Applied Research Project (20 credits)
  • one elective (10 credits) and a Business Research Project (40 credits)

Assessment of modules on the MSc in Corporate Finance, in most cases, is by means of coursework and examination. Coursework may consist of standard essays, individual and group presentations, group reports, classwork, tests and problem sets. Please note that any group work may include an element of peer assessment.

Term dates

Term dates 2021/22

  • Induction: 20th September 2021 - 1st October 2021
  • Term one: 4th October 2021 - 17th December
  • Term one exams: 10th January 2022 - 21st January 2022
  • Term two: 24th January 2022 - 8th April 2022
  • Term two exams: 25th April 2022 - 6th May 2022
  • Term three - international: 9th May 2022 - 20th May 2022
  • Term three: 23rd May 2022 - 8th July 2022
  • Term three assessments: 11th July 2022 - 22nd July 2022
  • Resits: 15th August 2022 - 26th August 2022
  • Additional resit week – tests only: 29th August 2022 - 2nd September 2022
  • Research Project Submissions: Thursday 1st September 2022

Note: term one resit tests for the Energy / Shipping Trade and Finance degrees will normally take place in the week immediately prior to the August resit period.

Timetables

Course timetables are normally available from July and can be accessed from our timetabling pages. These pages also provide timetables for the current academic year, though this information should be viewed as indicative and details may vary from year to year.

View academic timetables

Please note that all academic timetables are subject to change.

Teaching staff

Course Director

Pawel Bilinski

Dr Pawel Bilinski

Director of the Centre for Financial Analysis and Reporting Research

The teaching staff on the MSc in Corporate Finance have many years of practical experience working in industry and are also active researchers in their fields

This knowledge and experience inform the highly interactive lectures that make up the master's degree.

Other module leaders include:

Dr Sonia Falconieri

Dr Ivana Raonic
Dr Ivana Raonic on Financial Reporting: “The aim of this course is to equip students with critical understanding of the principles and practices of accounting, characteristics and limitations of accounting data. Students will learn how to prepare and interpret financial statements, to apply and comment on accounting policies and to use accounting information to assess financial performance of the business.”

Professor Ana Maria Fuertes
Professor Ana Maria Fuertes on Statistics in Finance: “This module is designed to give you knowledge of quantitative methods that can be effectively used to analyse financial data. Although some theory is needed to understand the methods, the emphasis is on a hands-on approach to provide you/students with practical skills.

Dr Dirk Nitzsche
Dr Dirk Nitzsche on Theory of Finance: “The module Theory of Finance provides you with an introduction to different financial instrument as well as the they theoretical concepts used in finance.  The emphasis in the module is very much on the practical applications of those theoretical concepts and issues such as should we really invest in the optimum weights or what can we expect from the stock market in the long term are being discussed.

Stefano De Cesaris
Stefano De Cesaris on Topics in Mergers and Acquisitions: “Students will learn how companies use M&A transactions to implement their strategic plans and how such transactions are structured and analysed. Emphasis is given to applied financial analysis, case studies are used throughout the module and lectures are complemented by guest presentations given by M&A practitioners.

Professor Paolo Volpin

Dr Zhongwei Huang
Dr Zhongwei Huang on Financial Statement Analysis: “This module leverages many materials from bulge bracket and boutique investment banks to showcase how various techniques covered in the module are used by professionals from the Wall Street, providing students with hands-on experience in analysing and interpreting financial information disclosed by firms listed on major stock exchanges."

Dr Francisco Urzua
Dr Francisco Urzua on Advanced Corporate Finance: “This course provides students with an in-depth knowledge of corporate finance, complemented with cases and discussions of real life examples.

Application

How to apply

We only accept online applications.

Apply for MSc Corporate Finance

2021 applications

The application deadline is 1st August 2021: Late applications may be assessed on a case-by-case basis.

Documents required for decision-making

  • Transcript/interim transcript
  • Current module list if still studying
  • CV
  • Personal statement - this should be around 500 words in length and answer the following:
    • Why have you selected this course? What are your motivating factors?
    • What are your areas of interest within the course?
    • What contributions do you feel you can make to the course?
    • How do you see the course affecting your career plans?

Documents which may follow at later date

  • English language test result if applicable
  • GMAT result if applicable
  • Confirmation of professional qualification examinations/exemptions/passes, if applicable
  • Two references
  • For a successful application to receive an unconditional status all documents must be verified, so an original or certified copy of the degree transcript must be uploaded to the application form or e-mailed to the relevant Admissions Officer upon request

We cannot comment on individual eligibility before you apply and we can only process your application once it is fully complete, with all requested information received.

Individual Appointments

Unfortunately, as a result of the evolving situation regarding the coronavirus (COVID-19) pandemic, we can only offer online appointments to discuss your application. To book one, please get in touch with the relevant Admission Officer.

Please note - these are subject to availability.

Ask a student

Chat to one of our current master's students now about applying for a MSc at Bayes.

Terms and conditions

Students applying to study at Bayes Business School are subject to City, University of London's terms and conditions.

Entry requirements

  • A UK upper second class degree or above, or the equivalent from an overseas institution.
  • Some level of previous study or evidence of skills in finance or quantitative methods is essential.
  • Work experience is not a requirement of this course.

GMAT

  • Highly recommended.
  • A well-balanced score in the range of 600-800 will significantly strengthen your application

English language requirements

If you have been studying in the UK for the last three years it is unlikely that you will have to take the IELTS test

If you have studied a 2+2 degree with just two years in the UK you will be required to provide IELTS results and possibly to resit the tests to meet our requirements.

IELTS

  • The required IELTS level is an average of 7.0 with a minimum of 6.5 in the writing section and no less than 6.0 in any other section.

Some other English Language tests might be accepted

Fees

UK/EU/International £30,000 Tuition fees are subject to annual change

Fees in each subsequent year of study (where applicable) will be subject to an annual increase of 2%. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study for continuing students (where applicable).

Deposit: £2,000 (usually paid within 1 month of receiving offer and non-refundable unless conditions of offer are not met)

First installment: Half fees less deposit (payable during on-line registration which should be completed at least 5 days before the start of the induction period)
Second installment: Half fees (paid in January following start of course)

Information about Scholarships

Career pathways

Career destinations for MSc Corporate Finance

The MSc Corporate Finance will develop your financial expertise to the highest level and equip you with the skills for a successful career in financial management. Many of our graduates go on to work within a diverse range of financial career sectors including investment banking, foreign exchange, hedge funds, private banking, asset management and many more.

Our unique location close to the City of London offers unrivalled access to some of the top financial firms in the industry.

Our dedicated Careers Team will help you identify your ideal career path and work with you to maximise the potential of accomplishing your professional goals.

Class of 2019 profile

Recent graduates have secured positions such as

  • M&A Advisory Intern - M&A - ING
  • Analyst - Consulting Group - Accenture
  • Investment Banking Analyst - Global Banking, Real Assets & Structured Finance - HSBC
  • Investment Banking Analyst - Investment Banking - William Blair
  • M&A Intern - Investment Banking - Mediobanca
  • Investment Analyst - Investment team - Mangrove Capital Partners

Where they are working now

  • UK: 33%
  • EU/EEA: 27%
  • O (Europe other):4%
  • Middle East & Africa: 6%
  • Asia: 31%

Industry post-master's

20% Financial Services - Investment Banking  - Corporate Finance / M&A
14% Financial Services - Accounting / Auditing Services
14% Financial Services - Venture Capital / Private Equity
8% Financial Services - Commercial / Corporate Banking  
6% Consulting - Other

The remaining industries are made up of 39%.

Data provided from alumni who completed the annual destination data survey 2018/19

Alumni stories

Roger Fuchs
Roger Fuchs
Corporate Finance
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Hear from our alumni. Discover the real experiences of learning at Bayes and how Bayes helped to boost our graduates' careers.

Read Roger’s story

Accreditation

Successfully obtaining the MSc allows exemption from the exams of CIMA and ACCA. MSc in Corporate Finance also has the CFA Programme Partner status

*Please note that all accreditations and exemptions are subject to change. Please check if you have specific requirements

See accreditation details

CIMA

CIMA is the world’s leading, and largest, professional body of management accountants.

Students successfully completing the MSc in Corporate Finance will be awarded exemptions from the following modules:

  • BA3: Fundamentals of Financial Accounting
  • F2: Advanced Financial Reporting
  • F3: Financial Strategy

ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants.

Students successfully completing the MSc in Corporate Finance will be awarded exemptions from the following modules:

  • F1: Accountant in Business
  • F2: Management Accounting
  • F3: Financial Accounting

CFA programme partner

The CFA Institute, the global association of investment professionals, recognises the rigour and the relevance of the MSc in Corporate Finance and has awarded this course partner status. CFA Programme Partner status is awarded to a select number of universities around the world whose degree courses incorporate at least 70% of the CFA Program Candidate Body of Knowledge. The CFA Programme is the essential qualification for those wishing to pursue a career in the finance sector and the CFA Institute recognises the MSc in Corporate Finance as strong preparation for their professional exams.

Bayes students on CFA partner courses have the option of taking some additional preparatory classes for the CFA exams. They also have access to CFA study materials (including an online Level 1 sample exam) and complimentary access to Financial Newsbrief, a daily investment brief by the CFA. In addition, there is the opportunity to take part in the CFA Global Investment Research Challenge.

Each year a number of CFA scholarships are available to Bayes students, offering financial assistance with the CFA exam registration fees.