Master of Management in Finance and Investment Management

Purpose

The purpose of this qualification is to provide learners with specialised skills and knowledge in finance and investment management.

A qualified learner will be able to

• Interpret the macroeconomic underpinnings of financial markets.
• Identify researchable issues and provide scientifically acceptable research outcomes that informs improved organisational processes and production.
• Advice corporate/organisations on the fundamentals of investments and wealth management.

Rationale

The Master of Management in Finance and Investment Management is designed to provide learners with specialised management skills in finance and investments. This qualification prepares learners for positions at senior management levels in private financial services firms, government financial institutions and also assists learners with the ability to set up financial schemes that meets the needs of the community. Learners will also be equipped with skills to lead and oversee financial management matters in their respective organisations.

Recognition of Prior Learning (RPL)

Applicants who do meet the admissions process but who can demonstrate to the satisfaction of the University that they have suitable experiential or work based learning, may be considered for admission and/or for the recognition of prior learning. Applicants who, after such assessment, are deemed to have sufficient potential but are in need of further academic development, may be required to broaden their curriculum to include preliminary programmes prior to admission or parallel programmes after admission.

Entry Requirements

The minimum entry requirement for access to this qualification is

• A four-year cognate Bachelor's Degree at NQF Exit Level 8 or equivalent.

This qualification consists of compulsory and elective modules at NQF Level 9, totalling 190 Credits.

Compulsory Modules, 150 Credits

• Corporate Finance and Financial Statement Analysis, 15 Credits.
• Investments, 15 Credits.
• Finance Macro-environment Analysis, 15 Credits.
• Applied Financial Econometrics, 15 Credits.
• Research Report, 90 Credits.

Elective Modules, 40 Credits (select four)

• Advanced Corporate Finance and Corporate Governance, 10 Credits.
• Capital Budgeting and Project Finance, 10 Credits.
• Advanced Financial Statements Analysis and Disclosure, 10 Credits.
• Banking Operations and Financial Institutions Management, 10 Credits.
• Investment Banking and Primary Markets, 10 Credits.
• Development and Entrepreneurial Finance, 10 Credits.
• International Finance and Globalisation, 10 Credits.
• Emerging Markets and Financial Market Development, 10 Credits.
• Trading and Securities Selection, 10 Credits.
• Asset Management and Portfolio Formation, 10 Credits.
• Derivatives, Debt and Structured Contracts, 10 Credits.
• Real-estate Markets and Mortgage Finance, 10 Credits.
• Models, Forecasting and Risk Management, 10 Credits.

1. Interpret the macroeconomic underpinnings of financial markets.
2. Identify researchable issues and provide scientifically acceptable research outcomes that inform improved organisational processes and production.
3. Advice corporates or organisations about the fundamentals of investments and wealth management.

Associated Assessment Criteria for Exit Level Outcome 1

• Financial markets valuation concepts are analysed and applied in different settings and recommendations are made.
• Investment tools are applied to solve real life problems.
• The techniques to evaluate debt and equity assets are appraised and compared to their real-time values.

Associated Assessment Criteria for Exit Level Outcome 2

• Research in the discipline of finance and investment is conceptualised, pursued, presented and appropriate recommendations are made.
• Appropriate theoretical principles are used to analyse and evaluate assets.
• Specialist knowledge in each stage of research, information and data collection and management, analysis and writing process is demonstrated.

Associated Assessment Criteria for Exit Level Outcome 3

• Problem solving skills and expertise is demonstrated in complex and fast paced global contexts.
• Evaluations of the application of the principles of company analysis are written using both accounting and market data.
• A real or hypothetical company is analysed and recommendations about the company's situation and performance to potential investors are made.

Integrated Assessment

Integrated assessment will be achieved through a variety of strategies. These include written examinations, group and individual projects and assignments, practical examinations and a research report. Some of the criteria may be assessed through observation of the learners during their classes.

Integrated assessment will be both formative and summative. Formative assessment will take place during seminar presentations, discussions and project sessions. Self and peer assessment will contribute to formative assessment.

Summative components of assessment will include the research report in which learners define the research question, identify appropriate research methodologies, undertake a literature review, critique the literature, collect and analyse data, and finally compile a report.

The written and practical examinations will require integration of information from the different areas of the course content.