Modules

Modules

Online pre-study modules

Before the programme begins you will be expected to complete some online pre-study modules which are delivered through The Hub, Imperial College Business School’s virtual learning environment.

These modules will be available to students who have accepted an offer of admission from July onwards, and are designed to give you a basic knowledge of areas which will be covered by the programme throughout the academic year.

This module assumes no prior knowledge and covers the key accounting principles needed before starting the programme. The Accounting Primer module is assessed by a one-hour multiple choice test before the programme begins. The marks will not count towards your final grade but it is a programme requirement that you pass it.

Complete the first stage of your career journey whilst at the Business School: the careers pre-course work. This online module will take you through the process of identifying what career might be right for you and ensure you are best placed to start working with the careers team as soon as you start the programme.

Note: you will not be able to access Imperial College Business School Careers until you have completed this course.

This online module requires you to refine and upload your CV in line with the Imperial College template through the CV development process.
A webinar will provide an overview of roles in the financial services industry and cover aspects of the recruitment process.

This online learning module introduces you to basic concepts in finance and financial valuation models.
When you have completed the module you will be able to:
• Use the time value of money to value assets
• Understand how risky cash flows are valued
• Calculate spot and forward rates
• Understand how a yield curve is obtained
• Understand how portfolio selection problem is solved
• Implement the CAPM equation to estimate the rate of return on risky assets

This module reviews mathematical techniques that you will generally have encountered in your earlier studies.
When you have completed the online module, you’ll be able to:
• Take derivatives and integrate simple commonly encountered functions
• Employ product and chain rules and integrate by parts
• Understand and manipulate simple equations involving vectors and matrices
• Be familiar with commonly encountered matrix functions such as determinants and eigenvectors
• Understand simple properties of linear ordinary differential equations

In this short module, we will explain the key academic issues relating to deliberate and accidental plagiarism including what it is, the different types of plagiarism and the notion of academic integrity, as well as providing advice on how to avoid plagiarism in your work. You are required to complete and pass the online plagiarism awareness test before the start of the autumn term.

These optional interactive courses provide practical advice on working in groups, delivering presentations, and time management. They contain videos of recent students describing their experiences of studying at the Business School, some of the challenges they faced, and suggestions on how to overcome these.

An English Language Development section is also available for non-native speakers of English who wish to practice their skills and develop subject-specific vocabulary. You can upload your writing for detailed feedback from a language tutor.

Foundation module

You will study one foundation module in September that introduces the tools of modern finance.

By the end of this module you will;
• Be confident with the basics of programming in R
• Have developed an understanding of the main financial instruments including debt, equity and financial derivatives and of the concepts of market efficiency, portfolio risk and diversification
• Be able to master the most important techniques of statistics and probability, tailored to applications in finance, risk management and financial engineering
• Have an understanding of corporate accounting processes and techniques used in valuation
• Appreciate and understand the various ways to adjust project financing

Core modules

Develop a solid financial knowledge base through core modules, which build rapidly on previous experience while introducing new and challenging disciplines. Each module comprises 27 hours of lectures.

This is an advanced elective in investments and portfolio management. You will discuss the key trading strategies used by hedge funds and demystify the secret world of active investing. The module combines the latest research with real-world examples and explores several different strategies in depth, including fundamental tools for investment management, dynamic portfolio choice, equity strategies, macro strategies, yield curve logic and arbitrage strategies.

In this module you’ll learn to develop and apply the techniques learnt in the Investments and Portfolio Management module to the pricing of a range of financial derivatives and to the determination of interest rates at different maturities. By the end of the module you’ll have an in-depth understanding of valuation techniques applicable in a variety of financial markets and sought after by prospective employers.

This module will acquaint you with a range of econometric techniques which are an essential part of modern advanced empirical research. The module will be taught through a series of formal lectures, classes and computer based exercises. You will learn to analyse data from any source using a wide variety of techniques.

This online module aims to introduce students to corporate responsibility and professional standards for financial analysts. You will be taken through a review of the key factors and responsibilities for ethical practice in finance. At the end of the module, you will have a compulsory test, which must be passed before you can be awarded the MSc.

This module provides you with a critical understanding of techniques used for investments and portfolio management. The module is accompanied by case studies and realistic practical examples that you will solve each week using R. By the end of the module you’ll be able to implement trading strategies and portfolio construction methods in a wide range of assets.

An introductory macroeconomic module which will emphasise areas particularly relevant for investment decision making. By the end of the module you’ll have an understanding of fundamental economic concepts, and the effectiveness of both monetary and fiscal policies in stabilising the business cycle, particularly in the context of the recent financial crisis.

Success in modern finance requires a solid grasp of mathematics. This module introduces you to a range of essential mathematical tools and their financial applications. By the end of the module you’ll be ready to excel in any area of finance.

Imperial College Business School reserves the right to alter modules whenever they need to be amended or improved. Faculty may also change as and when required.