School of Economics and Finance

Welcome to the M.Sc. Business Finance School of Economics and Finance Queen Mary University of London London, 25th of September 2015

#1 in London #4 in UK #10th for Research Power About the School… #1 in London #4 in UK #10th for Research Power

About the School…

City Professionals- Visiting Professors Bring practical insights and experience into the classroom. Sir Nicholas Macpherson Permanent Secretary to the Treasury Dr Martin Weale Member of the Monetary Policy Committee at the Bank of England Gerry Perez Director Interactive Brokers (IB) Dr Ibrahim Stevens Senior Economist in the Monetary Analysis area of the Bank of England

City Professionals- Visiting Professors Dr Giles Spungin Global Head of Model Risk Audit, Senior Manager HSBC Konstantinos Maratos Director UBP (Union Bancaire Privée) Jesse McDougall Co-Founder Palomar (Hedge Fund) Nick Baltas Director of Quantitative Equity Research Group UBS AG, London …and many more!

Postgraduate Taught LOW LEVEL OF MATHEMATICS REQUIRED RESEARCH Economics MSc INVESTMENT BANKING Finance and Econometrics MSc Banking MSc Wealth Management MSc Banking and Finance MSc ECONOMICS TRADING LOW LEVEL OF MATHEMATICS REQUIRED Investment and Finance MSc HIGH LEVEL OF MATHEMATICSREQUIRED Business Finance MSc CORPORATE FINANCE ACCOUNTING Finance MSc Accounting and Finance MSc Law and Finance MSc FINANCE LAW Mathematical Finance MSc Law and Economics LLM

People Academic Staff: Luigi Ventimiglia (Director of the Programme) Teaching Assistant: Fadime Sahin (Teaching Assistant) Admin Staff: Stanley Babukutty (Postgraduate Student Support Manager) Sarah Riley (Finance MScs Programme Manager) Check the carrier service too!

MSc Advisory Flowchart Claudio Vallar MSc Banking and Finance Giovanni Nappi Tiziana Maida Monika Schüllerová MSc Banking   Raffaella Esposito MSc Finance Nunzia Riccio MSc Investment and Finance Luigi Ventimiglia MSc Co-ordinator Alfonsina Iona MSc Business Finance Francis Breedon (CFA Path) Yioryos Makedonis MSc Banking / Wealth Management Our programmes Asen Ivanov MSc Behavioural Finance Fadime Sahin MSc Business Finance Anish Augustine Behavioural Finance/Wealth Management You will find your assigned Teaching Assistant Advisor on your Personal details page on MySis. Please check on QMPLUS Postgraduate shared area for your TA Advisor’s office hour. Examples of academic advice are: advising on module selection, concerns and questions about a specific module, guidance with planning academic life.

Term Dates First Semester: 21 September-18 December 2015 5 October 2015: Teaching starts Reading week 09-13 November Second Semester: 11 January-1 April 2016 Reading week 22-26 February 2016 Bank holidays: 25 and 28 March 2016 Revision Week: 25 April-29 April 2016 Unless stated otherwise by individual lecturers Exams: 3 May-10 June 2016 Dissertation: 13th June to 5th August 2016 (TBC) Resits: 1st August to 10th August 2016 (TBC) Graduation Ceremony: December 2016

First Semester Modules: ECOM049 Commercial and Investment Banking (Y. Makedonis) ECOM050 Investment Management (A. Iona) ECOM051 Business Finance (G. Spungin) ECOM053 Quantitative Methods in Finance ECOM094 Eviews (starts on 12th of October) (L. Leonida) (D. Maimone) 11

Second Semester Two compulsory modules: ECOM094 Data Analysis for Research ECOM070 Cases in Business Finance Three options to be chosen from the following list: ECOM026 Financial Derivatives ECOM035 International Finance ECOM038 Behavioural Finance ECOM042 Empirical Finance ECOM055 Risk Management for Banking ECOM057 Asset Management ECOM058 Principles of Accounting ECOM059 Applied Risk Management ECOM064 Applied Futures and Options ECOM069 Banking Regulations ECOM071  Topics in Financial Econometrics ECOM074 Bond Market Strategies ECOM076 Alternative Investments ECOM077 Valuation and Private Equity ECOM078 Topics in Actuarial Finance and Insurance ECOM091 Credit Ratings ECOM095 Mergers and Acquisitions ECOM098 Islamic Finance in Practice ECOM100 Strategic Asset Allocation ECOM097 Portfolio Construction Theory 12

Optional Elements (Semesters A & B) We offer an unparalleled set of optional courses. Designed to equip students with further practical training and key technical skills. These include: Risk Management and Investments VBA for Finance C++ for Finance Matlab Applied Portfolio Management Finance Trading Data Analysis for Research and City CV.

Outside the classroom QUMMIF The Economics Society Student managed investment fund- currently £30,000 to invest! The Economics Society Trading and Investment Society …..and much more £1000 Cash Prizes for Best QUMMIF Investment Reports £1000 Cash Prizes QUMMIF Trading Tournament Multiple QUMMIF Corporate events 7 City Exams / Certificates presentation (CFA, CISI, IMC etc.) Bloomberg External Events and Bloomberg Certificates Portfolio Manager Course taught on campus Bloomberg and VBA Automatic Trading Integration Workshop with Training Traders Partnership (Technical implementation of trading strategies

Professional accreditations and exemptions The School has got Investment Management Certificate (IMC) accreditation from the CFA (Chartered Financial Analyst) UK for the BSc Economics and Finance and BSc Economics, Finance and Management degrees Students can either undertake the MSc Investment & Finance: CISI specialist pathway to obtain the Chartered Institute for Securities and Investment (CISI) Masters in Wealth Management or students on the programmes MSc Investment & Finance, MSc Banking & Finance, MSc Banking, MSc Business Finance and MSc Law & Finance can apply for an exemption from the first module, Financial Markets. Students need only pass an exam in two further modules to gain the overall CISI Masters in Wealth Management. The Chartered Banker Institute (CBI) has recognised the School’s master’s programmes for advanced standing for the Chartered Banker Diploma by offering module exemptions.

Modules Lectures Classes Books Graded modules are typically taught via the weekly lecture and the support class for 10 weeks. The grade for each module come from the exam, typically worth 80% of the mark and the coursework component, typically worth 20% of the mark (to be held during the module). There is a prize for best coursework for each module (£500). Lectures For each lecture one handout and some exercises can be found and downloaded from the QMPLUS one day prior to the scheduled lecture. Classes You are allocated to a weekly one hour support class where you will have the opportunity to work through exercises with the Teaching Assistant. Books We provide you with e-books for all compulsory modules. 16

Revision Revision lectures for all modules Exams Held centrally, can be in consecutive days! 17

Dissertation (13/6/2016 – 5/8/2016, TBC) You have to write a dissertation that consists of a paper on applied finance or a literature review. How to use data, structure and requirements are discussed in Data Analysis for Research at the beginning of the Second Semester. Resits (August TBC 1/8/2016- 10/8/2016) The exam period is done again for students failing modules. !Can happen in the same day! 18

What to do next? Modules registration B. Download e-books (you will receive an email) C. Always use institutional email

Registration of modules In the postgraduate shared area you will also be able to find the module syllabus for semester A and B modules. There are also a number of module presentations. Teaching Assistant Academic Advisor: their office hours are advertised on the postgraduate shared area in the ‘study support and academic advisors’ section. Go to: https://mysis.qmul.ac.uk 2. Log in using college username and password; Choose the modules (3 options); Choose on the basis of your tastes only. I will let you change at the beginning of semester 2 after the first introductory lectures. “Enter” your diet. Once you have “entered” it, I will check and confirm your selection. 6. Deadline to enter your selections: 9th October 2016

e-book Collection As part of a innovative project and with the intention to become “greener”, the School of Economics and Finance provides you with e-books for compulsory modules. The e-books run on the same platform (Kortex) and have the same functionalities (you will be able to read them on and off-line, take notes, print parts of them). Details will be given to you during the *second week of October* when you will be able to access them. You will receive an email with the instructions to access them. You will also have a dedicated customer care.

Thank you for choosing our School We wish you an exciting, challenging and rewarding experience with us. good luck

School of Economics and Finance