2021-22 MSc Management with Business Finance Programme Design Document

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1	Advice on completing the document can be found in the INSTRUCTIONS tab and can be sought from your department’s Quality Support Officer in the Academic Quality Team, ASO. (Please note particularly the advice on copying and pasting from other documents into the Google Sheet).
2	1. Admissions/ Management Information
3	Title of the programme – including any lower awards Please provide the titles used for all awards relating to this programme. Note: all programmes are required to have at least a Postgraduate Certificate exit award. See guidance on programme titles in:
4	https://www.york.ac.uk/media/staffhome/learningandteaching/documents/programmedevelopment/Framework%20for%20Programme%20Design%20-%20PG.pdf
5	Masters			MSc in Management with Business Finance
6	Postgraduate Diploma			Postgraduate Diploma in Management with Business Finance						Please indicate if the Postgraduate Diploma is available as an entry point, ie. is a programme on which a student can register, is an exit award, ie. is only available to students exiting the masters programme early, or both.					Exit
7	Postgraduate Certificate			Postgraduate Certificate in Management						Please indicate if the Postgraduate Certificate is available as an entry points, ie. is a programme on which a student can register, is an exit award, ie. is only available to students exiting the masters programme early, or both.					Exit
8	Level of qualification			Level 7
9	This document applies to students who commenced the programme(s) in:							2021
10	Awarding institution								Teaching institution
11	Unviersity of York								University of York
12	Department(s): Where more than one department is involved, indicate the lead department								Board of Studies
13	Lead Department		n/a						UYMS
14	Other contributing Departments:		n/a						UYMS
15	Route code (existing programmes only)							PMMANSBFN1
16	Admissions criteria
17	2:1 or equivalent in Finance or Accounting (ideally including some modules in other management subjects); Management or Business Studies where there has been a substantial Finance, Accounting, and Economics component; Economics, with some modules in Finance and Accounting; or other degrees where Management, Finance/Accounting or Economics make up around half of the modules you studied. We may accept a 2:2 undergraduate degree supported by professional qualifications or at least one year of relevant work experience. Students whose first degree was not taught in English should also have an appropriate English language qualification. Minimum acceptable qualifications are IELTS 6.5 (minimum 6.5 in Writing and 6.0 in all other components).
18	Length and status of the programme(s) and mode(s) of study
19	Programme				Length (years/ months)	Status (full-time/ part-time) Please select	Start dates/months (if applicable – for programmes that have multiple intakes or start dates that differ from the usual academic year)		Mode
20
21									Face-to-face, campus-based			Distance learning		Other
22	MSc in Mangement with Business Finance				12 months	Full-time	September		Please select Y/N		Yes	Please select Y/N	No
23	PG Diploma in Mangement with Business Finance				2 terms (approx. 6 months)	Full-time	September		Please select Y/N		Yes	Please select Y/N	No
24	PG Certificate in Mangement with Business Finance				1-2 terms (approx. 3-6 months)	Full-time	September		Please select Y/N		Yes	Please select Y/N	No
25	Language(s) of study
26	English
27	Language(s) of assessment
28	English
29	2. Programme accreditation by Professional, Statutory or Regulatory Bodies (PSRB)
30	2.a. Is the programme recognised or accredited by a PSRB
31	Please Select Y/N:		No	if No move to section 3 if Yes complete the following questions
32	2.b. Name of PSRB
33
34	2.c. Please provide details of any approval/ accrediation event needed, including: timecales, the nature of the event, central support / information required:
35
36	2.d. Are there any conditions on the approval/ accreditation of the programme(s)/ graduates (for example accreditation only for the full award and not any interim award)
37
38	3. Additional Professional or Vocational Standards
39	Are there any additional requirements of accrediting bodies or PSRB or pre-requisite professional experience needed to study this programme?
40	Please Select Y/N:		No	if Yes, provide details
41	n/a
42	4. Programme leadership and programme team
43	4.a. Please name the programme leader for the year to which the programme design applies and any key members of staff responsible for designing, maintaining and overseeing the programme.
44	Dr Adriana Cornea-Madeira
45	4.b. Who has been involved in producing the PLOs, programme map and enhancement plan? (please include confirmation of the extent to which colleagues from the programme team /BoS have been involved; whether student views have been incorporated, and also any external input such as external examiners, employer liaison board)
46	Hafiz Hoque has led the process of producing the PLOs and other relevant documentation for this programme. In this process, he has been assisted by module leaders on the programme, along with various other senior academics in the Management School. Advice has also been sought from ASO and colleagues from other Universities who have implemented similar schemes. Further input from students and external stakeholders (i.e. careers service, employees) has been obtained.
47	5. Purpose and learning outcomes of the programme
48	5.a. Statement of purpose for applicants to the Masters programme Please express succinctly the overall aims of the programme as an applicant facing statement for a prospectus or website. This should clarify to a prospective masters student why they should choose this programme, what it will provide to them and what benefits they will gain from completing it.
49	In a dynamic business environment characterised by rapid changes in internal and external factors such as technology and ease of information-sharing, managers require cutting-edge skills and knowledge to be able to make the right decisions at the right time. With our MSc degree in Management with Business Finance, you will be equipped with the techniques and managerial skills, particularly the decision-making skills, needed not just to survive, but to succeed in a modern-day business environment. Specifically, the programme provides you with the know-how and skills required to manage an organisation efficiently and profitably through an understanding of how to: (1) formulate and implement competitive strategies based on effective data analysis and management; (2) manage complex projects in varying contexts; (3) obtain finance from cheaper sources and profitably invest the funds based on insights into the workings of financial markets and institutions. As a graduate equipped with a widely applicable set of managerial skills, you will be prepared for a high-level career in a wide range of areas such as management consultancy, banking, or a finance/management role in a private or public sector organisation.
50	5.a.i Statement of purpose for applicants registering for the Postgraduate Diploma programme Please express succinctly the overall aims of the programme as an applicant facing statement for a prospectus or website. This should clarify to a prospective diploma student why they should choose this programme, what it will provide to them and what benefits they will gain from completing it.
51	n/a
52	5.a.ii Statement of purpose for applicants registering for the Postgraduate Certificate programme Please express succinctly the overall aims of the programme as an applicant facing statement for a prospectus or website. This should clarify to a prospective certificate student why they should choose this programme, what it will provide to them and what benefits they will gain from completing it.
53	n/a
54	5.b.i. Programme Learning Outcomes - Masters Please provide six to eight statements of what a graduate of the Masters programme will be able to do. If the document only covers a Postgraduate Certificate or Postgraduate Diploma please specify four to six PLO statements in the sections 5.b.ii and 5.b.iii as appropriate. Taken together, these outcomes should capture the distinctive features of the programme. They should also be outcomes for which progressive achievement through the course of the programme can be articulated, and which will therefore be reflected in the design of the whole programme.
55	PLO	On successful completion of the programme, graduates will be able to:
56	1	Gather, critically analyse, interpret and utilise complex qualitative and quantitative data to inform business strategies and decision-making; [data management]
57	2	Manage information systems through critical awareness of multiple perspectives and the shifting nature of sources of data and applying them to maximise efficient business decision-making processes; [informed decision-making]
58	3	Formulate and implement effective business strategies based on conceptual understanding of business theory and financial expertise related to markets, investments, governance, ethics and financial strategy; [strategy and finance, ethics]
59	4	Select appropriately and deploy effectively operational techniques, positioning them in the context of project management frameworks to drive organisational strategy and/or solve business problems; [techniques + frameworks]
60	5	Independently investigate in a dissertation a significant issue of their choice in business, management or finance by deploying research methods and wider skills and knowledge acquired from the taught modules of the programme, and critically analysing, interpreting, and presenting in-depth focussed results, recognising the nature and inherent ambiguity of the research process; [research]
61	6	Communicate, orally, in written format, and in context, complex business, management and financial information in a clear and accessible manner suitable for high-level, professional audiences. [communication]
62	7	n/a
63	8	n/a
64	5.b.ii. Programme Learning Outcomes - Postgraduate Diploma Please provide four to six statements outlining what a graduate of the Postgraduate Diploma programme will be able to do. Taken together, these outcomes should capture the distinctive features of the programme. They should also be outcomes for which progressive achievement through the course of the programme can be articulated, and which will therefore be reflected in the design of the whole programme.
65	PLO	On successful completion of the programme, graduates will be able to:
66	1	PG Diploma PLOs explained blow
67	2
68	3
69	4
70	5
71	6
72	5.b.iii. Programme Learning Outcomes - Postgraduate Certificate Please provide four to six statements outlining what a graduate of the Postgraduate Certificate programme will be able to do. Taken together, these outcomes should capture the distinctive features of the programme. They should also be outcomes for which progressive achievement through the course of the programme can be articulated, and which will therefore be reflected in the design of the whole programme.
73	PLO	On successful completion of the programme, graduates will be able to:
74	1	PG Certificate PLOs explained below
75	2
76	3
77	4
78	5
79	6
80	5.c. Explanation of the choice of Programme Learning Outcomes Please explain your rationale for choosing these PLOs in a statement that can be used for students (such as in a student handbook). Please include brief reference to:
81	i) ... in what way will these PLOs result in an ambitious, challenging programme which stretches the students?
82	The learning outcomes for this programme have been designed to give you the chance to acquire an in-depth understanding of management and business finance. The combination of finance with business strategy is particularly challenging as well as interesting since you will need to cope with both quantitative and non-quantitative modules over the period of your learning. In particular, the programme encourages you to think about general business functions, strategy formulation, communication, and data gathering and analysis. Moroever, you will undertake an independent dissertation on a topic of your choice, which may be relevant to your career interest. In this way, the programme will not only be intellectually-stimulating, but will challenge you to undertake a career-advancing project.
83	ii) ... in what way will these PLOs produce a programme which is distinctive and advantageous to the student?
84	The combination of finance with business strategy makes this programme distinctive and advantegous. Specifically, the programme offers you knowledge about a number of areas in business and general management as well as an opportunity for you to become acquainted with financial markets and aspects of financial strategy.
85	iii) ... how the design of the programme enables students from diverse entry routes to transition successfully into the programme? For example, how does the organisation of the programme ensure solid foundations in disciplinary knowledge and understanding of conventions, language skills, mathematics and statistics skills, writing skills, lab skills, academic integrity
86	To enable you to transition successfully onto the programme, pre-arrival and pre-sessional materials will be made available to you. Among other things, these materials will highlight the need for you to make a career plan as the recuitment cycle usually starts in the Autumn term, and sign-post you to the York Futures Online Strength Tests. It is also proposed to offer a week of intensive teaching that brings all of you (students) onto the same platform. Additonally, supports regarding proficiecy in English Language is provided by the English Support Centre in the University. Also, those of you who may not be particularly strong in quantitative subjects may find the services offered by the Maths Skills Centre useful in helping you cope on the programme.
87	iv) ... how the programme is designed to enable students to progress successfully - in a limited time frame - through to the end of the award? For example, the development of higher level research skills; enabling students to complete an independent study module; developing competence and confidence in practical skills/ professional skills. See QAA masters characteristics doument http://www.qaa.ac.uk/en/Publications/Documents/Masters-Degree-Characteristics-15.pdf
88	During the first term, we propose a mix of assignments to make your workloads manageable and for you to smoothly settle onto the programme. The second term is predominantly assessed through written assignments that are designed to test both your understanding of key concepts and your ability to apply these ideas to complex, real-life business and management scenarios. As you then move on through the programme, you will increasingly be asked to devise your own research problems and identify your own topics and questions. You will also be expected to demonstrate the capacity to apply and utilise relevant research techniques to tackle these questions. Finally, the programme will culminate with the independent research dissertation, in which you will be expected to utilise and apply the skills and knowledge that you have learnt during your studies. Alongside the research skills developed in the course of completing the various modular assessments for this programme, you will also receive bespoke training in research methods directly relevant to business and finance. This training will include not only the practicalities of using different quantitative and qualitative research methods, but also the theories and assumptions underpinning these approaches. Teaching in this area will include both practical step-by-step workshops in which you will get to study the research methods adopted by other academics. When it comes to writing your own independent research dissertations, you will also be supported by their own personal supervisor who will offer guidance and support on your proposed research project. These personal supervisors and your module leaders can act as your referees in the recruitment process and articulate the skills you have acquired to potential employers.
89	v) ... how this programme (as outlined in these PLOs) will develop students’ digital literacy skills and how technology-enhanced learning will be used to support active student learning through peer/tutor interaction, collaboration and formative (self) assessment opportunities (reference could be made to such as blogging, flipped classroooms, response 'clickers' in lectures, simulations, etc).
90	This programme gives you the opportunity to develop your digital literacy skills in a variety of ways. During the course of your studies, you will learn how to obtain data from different databases such as DataStream, CRSP/Compustat, yahoo fnance, etc. You will create your own powerpoint presentations, use a variety of statistical software, and explore different ways of searching for information on the internet. These will be taught in class and integrated in the teaching. There will be guidance on developing higher level skills through workshops offered elsewhere in the University (Library / IT). Like all other programmes, the VLE is also used extensively as a means of transmitting information to, and communicating with, you.
91	vi) ... how this programme (as outlined in these PLOs) will support and enhance the students’ employability (for example, opportunities for students to apply their learning in a real world setting)? The programme's employablity objectives should be informed by the University's Employability Strategy:
92	http://www.york.ac.uk/about/departments/support-and-admin/careers/staff/
93	At the heart of this programme is a strong focus on enhancing your employability. From the start to the finish, the programme has been designed to ensure that you develop skills in business analysis, strategy formulation, information processing and cummunication, gatherring data, and presentation of relevant infromation. Undoubtedly, all these skills are required by employers. In addition, there is a strong emphasis on encouraging you to address problems that are of interest to you. As a result, the programme not only offers you the chance to enhance your specialist knowledge in managment, but it also offers you the chance to develop the sorts of practical skills that you will need to succeed in today's rapidly evolving workplace. Furthermore, the Placement Office of the School and the Career Centre of the University are all available to offer support to you in your job search. Finally, the School frequently organises Master Classes and Career Fairs that brings employers to campus to interact with students and let them know the demands of the world of work.
94	vii) Consultation with Careers The progamme proposal should be discussed with Careers (tom.banham@york.ac.uk, ext. 2686) Please provide details of Careers' comments and your response.
95	Careers were consulted on the required skills employers look for when recruiting postgraduate students. The ability to identify a clear problem and independently conduct a research about it, using appropriate methods and tools was highlighted, and this has influenced the design of the programme by embedding qualitative and quantitative research methods and dissertation into the programme. In addition, you will be given support through a personal dissertation supervisor to ensure that you are able to acquire this important skill.
96	viii) ... how learning and teaching on the programme are informed and led by research in the department/ Centre/ University?
97	Dissertations that are written by the you are choosen from the topics of interest to academics within the group. In other words, the academics who are experts in particular areas will supervise the students. There is clear knowledge transfer and research-led teaching and learning in this program.
98	5.d. Progression For masters programmes where students do not incrementally 'progress' on the completion of a discrete Postgraduate Certificate and Postgraduate Diploma, please summarise students’ progressive development towards the achievement of the PLOs, in terms of the characteristics that you expect students to demonstrate at the end of the set of modules or part thereof. This summary may be particularly helpful to students and the programme team where there is a high proportion of option modules and in circumstances where students registered on a higher award will exit early with a lower one. Note: it is not expected that a position statement is written for each masters PLO, but this can be done if preferred.
99	On completion of modules sufficient to obtain a Postgraduate Certificate students will be able to: If the PG Cert is an exit award only please provide information about how students will have progressed towards the diploma/masters PLOs. Please include detail of the module diet that students will have to have completed to gain this qualification as an exit award.
100	You must accumulate 60 credits across any of the taught modules of the programme in order to achieve a PG Cert. It is expected that by that time you will have progressed towards meeting PLOs 2,3 and 6.