University home > Unit and programme catalogues in 2021/22 > Programme catalogue > Faculty of Social Sciences and Law > School of Economics > Economics, Finance and Management (MSc) > Specification
Please note: you are viewing unit and programme information for a past academic year. Please see the current academic year for up to date information.
Programme code | 9ECON008T |
---|---|
Programme type | Postgraduate Taught Degree |
Programme director(s) |
Maija Halonen-Akatwijuka
|
Faculty | Faculty of Social Sciences and Law |
School/department | School of Economics |
Second School/department | School of Accounting and Finance - Business School |
Teaching institution | University of Bristol |
Awarding institution | University of Bristol |
Mode of study | Full Time |
Programme length | 1 years (full time) |
MSc Economics, Finance and Management is an interdisciplinary programme that equips students with the knowledge and skills to address the strategic challenges facing modern businesses and organisations operating in competitive national and global markets. The programme aims to take students with limited or no knowledge of economics, finance and/or management, and to provide them with an understanding of the key theories and current issues in the field as well as core data analytic skills. The programme has a strong emphasis on real world applications and offers two pathways for the students to specialise in. Strategy and Business pathway is designed for students aiming for management roles and International Economics and Finance pathway is suitable for, but not limited to, careers in banking and financial institutions. The students can also opt for a general pathway combining units from both Strategy and Business and International Economics and Finance pathways. The programme has a quantitative focus and requires an undergraduate degree in a subject that demonstrates mathematical ability.
Core mandatory units in Economics, Finance and Management (in TB1) teach the students the key concepts and theories in each discipline. Students then select into pathways for TB2: Strategy and Business pathway, International Economics and Finance pathway or general pathway. In the specialised pathways students choose optional units from a well-coordinated selection in the three disciplines. Organising the units in pathways emphasises the links between the three disciplines and offers a well-rounded view of the theme. Students can also choose a general pathway. Dissertation topics build directly on students’ learning in TB2 units. Furthermore, data analytic skills are taught in TB2 so that they are directly relevant for dissertation work. This well-coordinated programme can take students who initially have limited or no previous knowledge of the three disciplines to a level of multidisciplinary understanding of either Strategy and Business, International Economics and Finance or combination of the two.
In addition to subject knowledge, this programme aims to develop students’ teamwork and communication skills as well as self-management in line with Bristol Skills Framework. The students gain experience in teamwork either in the form of summative group assignment, formative case study discussion, presentations or more informal interactions in classes and seminars. Communication skills are improved by various written assignments, presentations and discussions. Self-management, including time management, is developed to deal with the requirements of the programme.
Programme Intended Learning Outcomes | Learning and Teaching Methods |
---|---|
|
Content will be delivered by a combination of lectures, exercise/practise lectures, small group tutorials, computer labs and group work. Unit director determines the mixture of teaching methods to be pedagogically appropriate for achieving the intended learning outcomes of the unit. Exercise/practise lectures are given for the whole cohort and may include solving exercises or presenting empirical papers and demonstrating on-screen how the paper analyses data. Tutorials will emphasise student led discussion based on assigned exercises, cases and reading. Directed and independent reading, with a strong emphasis on effective use of key texts and a range of literature and other information sources: academic texts, journals, articles and Blackboard. An appropriate software package will be introduced for data analysis and hands-on experience will be provided in computer labs. For dissertation projects, students will be allocated a supervisor with whom they hold regular supervision meetings. |
Methods of Assessment | |
Students will be subject to a range of formative and summative assessments across the programme. The assessment strategy for each unit is outlined in the unit specification linking it to Intended Learning Outcomes of the unit. Summative assessment includes exams, individual assignments, group assignments, multiple choice questions online tests, portfolio of activities and dissertation. Formative assessment includes assignments, exercise sets, presentations, case study discussions and more informal interactions with instructors, dissertation supervisors and peers. These methods of assessment are related to all of the Programme Intended Learning Outcomes in the ‘Knowledge and Learning’ category. |
Programme Intended Learning Outcomes | Learning and Teaching Methods |
---|---|
|
The development of intellectual skills will be embedded in the delivery of unit content/knowledge. The teaching methods are similar to those used in ‘Knowledge and Learning’, namely a mix of lectures, exercise/practise lectures, small group tutorials, computer labs, group work, self-directed learning, library study and discussions with unit instructors and dissertation supervisors. |
Methods of Assessment | |
The assessment of intellectual skills will be embedded in the formative and summative assessments for all the units to be delivered. Students are expected to proactively engage with unit content and participate actively to develop intellectual skills. Programme Intended Learning Outcomes are assessed by various forms of summative assessment including exams (PILO B1,B3), assignments (PILO B1-B4), dissertation (PILO B1-B4) and formative assessment including, but not limited to, case study discussions (PILO B2, B4) and presentations (PILO B1-B4). |
Programme Intended Learning Outcomes | Learning and Teaching Methods |
---|---|
|
Student acquisition of practical and transferable skills is dependent on how students are required to engage with the content of a unit/programme rather than with the academic content itself. Depending on the requirements of individual units a range of strategies will be employed across the programme to ensure students acquire transferable skills. These include, but are not limited to, 1. Small group tutorials (PILO C2-C5) 2. Group work and in-class group activities (PILO C2-C7) 3. Computer labs (PILO C4, C6) 4. Self-directed learning and library study (PILO C1, C4-C5) |
Methods of Assessment | |
The assessment of practical and transferrable skills will be embedded in the assessments for all the units to be delivered. Students are expected to proactively engage with unit content and participate actively to develop practical and transferrable skills alongside their intellectual skills, knowledge and understanding. Summative assessment of practical and transferable skills is related to how students engage with the theoretical and applied content of the unit/programme and can take a range of forms including exams (PILO C1, C3-C5, C7), individual assignments (PILO C1, C3-C7) and group assignments (PILO C1-C7). Formative assessment includes, but is not limited to, assignments (PILO C1, C3-C7), presentations (PILO C3-C7) and case study discussions (PILO C2-C5). |
Statement of expectations from the students at each level of the programme as it/they develop year on year.
Level M/7 - Postgraduate Certificate |
For a Postgraduate Certificate, students are required to complete the first term taught units in the programme (60 credit points). In the TB1 units in Economics, Finance and Management the students acquire the core concepts and theories in each discipline. |
---|---|
Level M/7 - Postgraduate Diploma |
For a Postgraduate Diploma, students are required to complete all the taught units in the programme (120 credit points). Depending on the students’ choice of pathway, they will acquire a multidisciplinary understanding of Strategy and Business or International Economics and Finance or more general multidisciplinary knowledge in the general pathway. |
Level M/7 - Postgraduate Masters |
The dissertation acts as the culmination of the student’s progress through the degree programme, as s/he applied the appropriate technical, methodological and intellectual skills that have been developed to a piece of research devised in consultation and supervised by a staff advisor. This will be demonstrated by gaining a minimum mark of 50 in the dissertation and a total of 180 credit points. |
The intended learning outcome mapping document shows which mandatory units contribute towards each programme intended learning outcome.
For information on the admissions requirements for this programme please see details in the postgraduate prospectus at http://www.bristol.ac.uk/prospectus/postgraduate/ or contact the relevant academic department.
The MSc programmes are closely linked. Each provides a rigorous training to a level appropriate for someone starting to do research for a PhD or starting a job in a relevant area. The MSc programme lasts 12 months, from October to September. It consists of taught units examined in May/June, followed by a dissertation, which has to be completed by the end of September.
The Department welcomes applications from mature candidates and from candidates from non-traditional backgrounds. The Department also welcomes a growing number of international students from Europe, Asia and the USA who add a stimulating international dimension to the life of the Department.
Unit Name | Unit Code | Credit Points | Status | |
---|---|---|---|---|
Management | EFIMM0112 | 20 | Mandatory | TB-1 |
Finance | EFIMM0125 | 20 | Mandatory | TB-1 |
Economics | EFIMM0108 | 20 | Mandatory | TB-1 |
Dissertation (MSc EFM) | EFIMM0083 | 60 | Mandatory | AYEAR |
Students then choose one of the following pathways: | ||||
Students choosing Business and Strategy pathway must take: | ||||
Data Analytics | EFIMM0104 | 15 | Optional | TB-2 |
Plus three units from: | ||||
Strategic Management | ECONM2025 | 15 | Optional | TB-2 |
Competitive Strategy | EFIMM0107 | 15 | Optional | TB-2 |
Corporate Finance | EFIMM0111 | 15 | Optional | TB-2 |
Organisations and Incentives | EFIMM0106 | 15 | Optional | TB-2 |
Digital Business | EFIMM0113 | 15 | Optional | TB-2 |
Students choosing International Economics and Finance pathway must take: | ||||
One unit from: | ||||
Data Analytics | EFIMM0104 | 15 | Optional | TB-2 |
Business and Economic Forecasting | EFIMM0109 | 15 | Optional | TB-2 |
Plus three units from: | ||||
International Business | EFIMM0003 | 15 | Optional | TB-2 |
Financial Markets and Investments | EFIMM0110 | 15 | Optional | TB-2 |
Global Economy | EFIMM0105 | 15 | Optional | TB-2 |
International Finance and Economics | EFIMM0103 | 15 | Optional | TB-2 |
Students choosing General pathway must take: | ||||
One unit from: | ||||
Data Analytics | EFIMM0104 | 15 | Optional | TB-2 |
Business and Economic Forecasting | EFIMM0109 | 15 | Optional | TB-2 |
Plus three units from at least two disciplines: | ||||
Management | ||||
International Business | EFIMM0003 | 15 | Optional | TB-2 |
Digital Business | EFIMM0113 | 15 | Optional | TB-2 |
Strategic Management | ECONM2025 | 15 | Optional | TB-2 |
Economics | ||||
Competitive Strategy | EFIMM0107 | 15 | Optional | TB-2 |
Organisations and Incentives | EFIMM0106 | 15 | Optional | TB-2 |
Global Economy | EFIMM0105 | 15 | Optional | TB-2 |
International Finance and Economics | EFIMM0103 | 15 | Optional | TB-2 |
Finance | ||||
Corporate Finance | EFIMM0111 | 15 | Optional | TB-2 |
Financial Markets and Investments | EFIMM0110 | 15 | Optional | TB-2 |
MSc Economics Finance and Management | 180 |
The pass mark set by the University for any level 7(M) unit is 50 out of 100.
For detailed rules on progression please see the Regulations and Code of Practice for Taught Programmes and the relevant faculty handbook.
All taught masters programmes, unless exempted by Senate, must allow the opportunity for students to exit from the programme with a postgraduate diploma or certificate.
To be awarded a postgraduate diploma, students must have successfully completed 120 credit points, of which 90 must be at level M/7.
To be awarded a postgraduate certificate, students must have successfully completed 60 credit points, of which 40 must be at level M/7.
An award with Merit or Distinction is permitted for postgraduate taught masters, diplomas and certificates, where these are specifically named entry-level qualifications. An award with Merit or Distinction is not permitted for exit awards where students are required to exit the programme on academic grounds but is permitted in designated programmes (as set out in the programme specification) where students choose to withdraw from the intended programme but otherwise achieve the necessary credit points for the exit award.
The classification of the award in relation to the final programme mark is as follows:
Award with Distinction*: at least 65 out of 100 for the taught component overall and, for masters awards, at least 70 out of 100 for the dissertation. **Faculties retain discretion to increase these thresholds.
Award with Merit*: at least 60 out of 100 for the taught component overall and, for masters awards, at least 60 out of 100 for the dissertation. Faculties retain discretion to increase these thresholds.
* The MA in Law has separate regulations for awarding distinction and merit.
** For the award of Distinction, the Faculty of Engineering requires at least 70 out of 100 for the taught component overall and, for masters awards, at least 70 out of 100 for the dissertation.
All taught masters programmes, unless exempted by Senate, must allow the opportunity for students to choose, or be required, to leave at the postgraduate diploma or certificate stage.
To be awarded a postgraduate diploma, students must have successfully completed 120 credit points, of which 90 must be at level M/7.
To be awarded a postgraduate certificate, students must have successfully completed 60 credit points, of which 40 must be at level M/7.
Please note: This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if he/she takes full advantage of the learning opportunities that are provided.
University of Bristol,
Senate House,
Tyndall Avenue,
Bristol, BS8 1TH, UK
Tel: +44 (0)117 928 9000