Cardiff Business School Specialist Master’s Programmes Entry 2016/17

www.business.cardiff.ac.uk

Welcome 1

Discover the Cardiff experience Welcome Contents

A leading University . . . Cardiff Business School is committed to Cardiff: A capital city 2 making sure its students have the very Cardiff: A leading University 4 • You’ll be part of a globally recognised, • Staff include Nobel Laureates and Living in Cardiff 6 Russell Group university. numerous Fellows of the Royal Society best experience when they study here. and other prestigious institutions. About the Business School 8 • You’ll benefit from outstanding teaching in a research-led environment. Cardiff is Accounting and Finance 10 ranked in the UK’s top 5 universities for research quality. Finance 12 Economics degree programmes 14 in an outstanding city . . . Financial Economics 16 International Economics, • You’ll live in a friendly, compact and safe • Your money will go further at Cardiff with Banking and Finance 17 city, with all of your study, living and leisure capital city attractions at affordable prices needs within walking distance. including one of the lowest average costs Human Resource Management 18 of living for university cities.1 International Human Resource Management 20 with able and motivated students . . . International Management 22

• You’ll be studying in an international • You’ll be studying in an environment Logistics, transport and University with a diverse student cohort with other able and motivated students. maritime degree programmes 24 drawn from more than 120 countries, with dedicated facilities for the International Transport 26 postgraduate community. We want to help you fulfil your ambitions and from day one. We think this is an important Logistics and Operations leave the University fully equipped to achieve element in ensuring your time with us is Management 27 success in your chosen field. If you join us rewarding and enjoyable, setting you up to who have excellent career prospects . . . you will benefit from research and teaching achieve your ambitions. Marine Policy and of the highest standard, and access to Shipping Management 27 • You can be confident of your future - in • You’ll be in demand – Cardiff is among the world-leading academics who are innovators Our support and interest doesn’t wane 2013/14, 86.9% 2 of postgraduate top 25 universities targeted by employers.3 in their disciplines. when you graduate. After leaving us, you Strategic Marketing 28 respondents had secured employment automatically become a part of our thriving or further study within six months of We have an international reputation for alumni network which gives you Business Strategy and completing their studies. excellence (in research, teaching and for the opportunity to keep in touch with Entrepreneurship 30 environment) recognised by professional peers, academics and colleagues. bodies, global companies and government Research environment 33 Notes research exercises. This sets our students I hope to be able to welcome you to the Alumni profiles 34 1. Moneysupermarket.com Quality of Living Index 2014 apart and gives them a competitive School in the near future but for now let 2. HESA Destination of Leavers Survey 2014 advantage in a crowded jobs market. me wish you every success in your studies. 3. High Fliers Research The Graduate Market 2015 International students 35 In the 2014 Research Excellence Framework Funding and scholarships 36 IMPORTANT INFORMATION. we were ranked 6th in the UK for the quality Please read carefully. The University offers of our research and joint first for research Applications 37 the information contained in this brochure environment. With this result we became as a guide only. It does not constitute a one of only two business schools in the UK contract and is not binding on prospective students, current students or the University. to be ranked in the top ten in each of the While the University makes every effort to government’s five assessment exercises check the accuracy of the factual content since 1992. This consistency is one hallmark at the time of publication, some changes of excellence, another is our accreditation will inevitably occur in the interval between from the Association to Advance Collegiate publication and the academic year to which Schools of Business (AACSB international). This brochure will provide you with more the brochure relates (Entry 2016). For example, degree programmes may have details of our programmes. We hope that changed in line with market and student Exposure to cutting-edge research, they will give you more than just a flavour demand, and research development. unparalleled critical business thinking and of what we have to offer you. However, we Applicants should not, therefore, rely solely access to some of the world’s foremost are always ready to answer any questions on this brochure and should visit the website experts is par for the course as a student you may have, by telephone or email, or for up-to-date information concerning at Cardiff Business School. You will also when you come to Cardiff to visit. You will course content, accreditation, and entry requirements for the relevant academic year be supported in countless other ways and Professor Martin Kitchener find appropriate contacts at the end of when considering applying to the University. benefit from outstanding student resources Dean and Head of School this brochure. 2 Cardiff: A capital city Cardiff: A capital city 3 More online at: www.visitcardiff.com www.cardiff.ac.uk Cardiff: A capital city www.cardiff.gov.uk

“Cardiff is a popular student city, relatively Cardiff is a thriving and attractive city which is widely inexpensive and with a good range of nightlife recognised as an outstanding place to live and study. It and cultural venues.” combines all the advantages of a compact, friendly and Times Good University Guide 2014 inexpensive location with the cultural and recreational facilities of a modern capital city.

Cardiff offers everything from the excitement pedestrianised shopping streets, indoor of the city to the peace and tranquillity of and outdoor markets, and a fascinating Don’t just take our the nearby coast and countryside. With its network of glass-canopied Victorian and distinctive character, good quality of life, Edwardian arcades. word for it... and growing national and international “Modern Cardiff combines the reputation, it hosts many high-profile cultural Cardiff also has more urban green space and sporting events, including international per person than any other core UK city and best of the old and the new...it rugby, soccer, cricket and motor sport. offers easy access to the countryside, has a relatively small population coast and mountains. and is fairly inexpensive to When it comes to entertainment, Cardiff live in. Close to the campus, is well-equipped to satisfy student needs. Lively, confident, cosmopolitan, elegant the city centre has an array There is a multitude of cafes, pubs and and ambitious are all words readily used of shops and entertainment nightclubs. The city is home to the world- to describe modern-day Cardiff. Together, options to cater to all tastes renowned Welsh National Opera, it boasts the city and the University provide students prestigious concert venues such as the with the ‘Cardiff Experience’, a lifestyle our and budgets.” Wales Millennium Centre, St David’s Hall and students remember long after graduation. The Telegraph Guide to UK the Motorpoint Arena, as well as the iconic Millennium Stadium, the National Museum Universities 2012 and Gallery of Wales, several theatres and the historic Cardiff Castle. Come and see for Cardiff is the location for award-winning television productions, including Doctor Who, yourself... Sherlock, Torchwood and Casualty, and the Cardiff benefits from excellent Doctor Who Experience in Cardiff Bay is a road and rail links with Britain’s popular new attraction. other major towns and cities. The city is one of the UK’s best shopping London, for example, is two destinations, enhanced by the opening The Millennium Stadium nestles in the heart hours by train, and the M4 links of the £750 million St David’s Dewi Sant of the city, and is home to numerous sporting both the west and south of retail centre which stands alongside events and concerts throughout the year England, as well as West Wales. Travel to the Midlands and to the North is equally convenient. The journey by road from Birmingham, for example, takes only two hours. The main coach and railway stations are both centrally placed, and Cardiff also benefits from an international airport.

The University is alongside attractive parkland and is adjacent to Cardiff Castle and the city centre Cardiff is one of the UK’s most successful retail centres Cardiff Bay, the city’s waterfront 4 Cardiff: A leading university Cardiff: A leading university 5 More online at: www.cardiff.ac.uk Cardiff: A leading University

“Cardiff University is one of Britain’s leading teaching Cardiff University has an international reputation for excellence and research universities.” in teaching and research, built on a history of service and Telegraph Guide to UK Universities 2014 achievement since 1883, and recognised by our membership of the Russell Group of leading research-led universities.

With attractive and compact campuses, and Pharmacy) are based at the Heath Park excellent student accommodation, and a campus, approximately one mile away, hugely popular Students’ Union, all within which is also home to the University easy walking distance of each other in a Hospital of Wales. thriving city, it is not surprising that Cardiff is a university of first choice among applicants. Although the University dates from 1883, Cardiff is focused on the 21st-century, Choose Cardiff and you’ll be part of a thriving and has modern state-of-the-art buildings postgraduate community in a university and facilities. The University has invested known internationally for outstanding substantially in its estate in recent years research and teaching. Your ambitions and and most academic schools have benefited abilities will be supported by world-class from major refurbishment, including new staff and dedicated resources and your and well-equipped laboratories, lecture career prospects will be enhanced by the theatres, libraries and computing facilities. qualities and capabilities you’ll develop here. While competition for entry is strong, Cardiff Cardiff is an internationally diverse is an inclusive university with a good record community of students, with many different on widening participation and fair access, cultures and languages to be seen and and we welcome applications, irrespective of heard across campus. All students also What the Guides say background, from everyone with the potential have the opportunity to study a language to succeed at Cardiff University. in addition to their degree through the “Cardiff seems to University’s Languages For All programme. have it all: grand The University’s Cathays Park campus is located in and around the impressive The University takes its environmental, civic architecture in Portland stone buildings, parks and wide safety and security responsibilities very a breezy waterside tree-lined avenues that form Cardiff’s seriously. Its comprehensive policies are attractive civic centre. The majority of making great savings in energy consumption location, super-smart academic schools are located here - just a and, to support the safety and security of city bars and venues few minutes’ walk from the heart of the all members of the University community just a short hop from city. The three academic schools offering and their property, there is 24- hour security healthcare courses (excluding Optometry cover throughout the campus. lovely countryside. The University is as confident and forward-looking as the city it’s located in, and has an excellent reputation for the quality of its teaching and research. There are more than 30,000 students, including more than 6,600 from over 100 countries outside the UK, helping to create a vibrant, cosmopolitan community.” Guardian University Guide 2016 A 4 7 0

ACCESS ROUTE (2.5 miles) TO M4 West J32 TO HEATH PONTYPRIDD, MERTHYR TYDFIL, PARK CAMPUS BRIDGEND AND SWANSEA

98 EDEYRN AN ROAD ACCESS ROUTE LL TO CATHAYS PARK CAMPUS

CURRYS (3.5 miles) ACCESS ROUTE TO M4 East J29 NEWPORT, TO TALYBONT BRISTOL AND LONDON

21 124 TESCO

6 Living in Cardiff Living in Cardiff 7 5 More online at: www.cardiff.ac.uk www.cardiff.ac.uk/residences 121 www.cardiffstudents.com 138 Living in Cardiff 7 127 131 121 As a fast developing capital city, Cardiff is a great place to 139 122 be a student. It’s large enough to offer you an exciting 124 variety of activities and entertainment, but small enough for you to feel comfortable. 13 125 1 10 20 30 40 50 Accommodation 17 132 1 10 20 30 40 50

Cardiff offers a range of accommodation that The Graduate Centre 22 is of good quality and value. There is also Dedicated to meeting the needs of our a strong private accommodation sector for postgraduate community, the Graduate

PORT ROAD those students who wish to live in privately Centre provides a wide range of social 137 W owned properties. and study facilities and services, exclusive NE to postgraduates, which complement those 133 All non-UK postgraduate students starting offered by our Academic Schools. 61 1 a course in September are guaranteed A4 a single occupancy place in University The Graduate Centre is equipped with a 47 residences if they submit an online range of facilities to support your studies: 129 application and make a pre-payment in line • Wireless internet access throughout with the deadline relevant to that session. the centre Unfortunately, we are unable to guarantee a • A computer room equipped with a range place in University residences to students of IT facilities arriving during the academic year. • 11 meeting rooms providing space for All study bedrooms in the halls of study and project groups, training residence have computer network We are also unable to guarantee UK workshops, seminars, presentations connection points and access to WiFi postgraduates a place in University and meetings Map highlights 126 residences. • Additional informal group and individual work spaces 123 For full details, please visit the Residences Main Building 39 140 website: www.cardiff.ac.uk/residences The Graduate Centre hosts a programme of Students’ Union 38 135 social events specifically designed to give 141 you the opportunity to meet and get to know Business School 9 & 11 Student Life your fellow students: • Postgraduate Welcome Events at the start The Students’ Union of the academic year for new students Numbered halls of residence Cardiff Students’ Union is one of the • Fortnightly coach trips to destinations More halls are available within biggest, best and most active in Britain. across the UK Y Plas, the Great Hall and the Taf Bar are • Midweek Socials, such as film and quiz this area and further afield - see among the Union’s major attractions. nights our website for details. Y Plas is the students’ own lively nightclub, • One-off events throughout the year such · Aberdare Hall and 121 and is one of the largest in Wales. The as BBQ on the Balcony Great Hall is a 1,500 capacity venue for Meeting Rooms 22 134 The Fitness and Squash Centre is located 130 major concerts and the Taf Bar is the The Cafe Bar also provides a cosy space for at the heart of the main campus · Colum Hall 13 Union’s very own local. postgraduates to unwind, relax and catch up with friends in an informal environment. · Hodge Hall 17 Other facilities include a bank, a print shop, It can be booked free of charge for · Senghennydd Court 47 a hair salon and a bookshop. The Lounge postgraduate-led events and also features offers IT and Skyping facilities, meeting a licenced bar service, run by the Students’ 128 rooms and a ‘chillout’ area, as well as Union, which is open for scheduled events. snooker tables and multi-faith prayer room. How to find the School The Union has its own letting agency and Jobshop an Advice and Representation centre. In Jobshop is the Union’s own student Cardiff Business School is located at the northern end of the addition, it is home to CUTV and Xpress employment service and provides casual, University campus, within walking distance of the city centre. Radio (the students’ own TV and radio clerical and catering jobs around the stations) and more than 200 cultural, University to hundreds of students. political, religious, social and sporting The School is a short walk from Cathays railway station societies. and is easily accessible from University halls of residence.

The Postgraduate Teaching Centre is in close proximity to the Business School. Y Plas is the Students’ Union lively nightclub 8 The School The School 9 More online at: www.business.cardiff.ac.uk About the Business School

The School boasts first-rate facilities for postgraduate study and has recently opened the £13.5 million Postgraduate Teaching Centre.

International Appeal You can be confident of the quality and The International Office is here to help and standard of your Cardiff degree. The when you arrive in Cardiff will provide a Postgraduate Taught University is recognised by more than 90 week of induction and orientation before Programmes professional and accreditation bodies. enrolment. The September induction This ensures that we maintain the highest programme includes: • MSc in Accounting and Finance possible standards of teaching. • A free coach collection service from Cardiff • MSc in Finance Cardiff Business School prides itself on and Heathrow airports. International Office • MSc in Financial Economics being global in its outlook. staff will provide a warm welcome at the • MSc in International Economics, airport and take you and your luggage to Banking and Finance Our world-leading faculty come from your accommodation. • MSc in Human Resource Management more than 35 countries and often have • Practical information and fairs to help • MSc International Human Resource experience of working in business you settle quickly into living and studying Management environments both within and outside the in Cardiff. • MSc in International Management UK. The faculty collaborates with leading • Tours of the University and the city of • MSc in Logistics and Operations academics at the best global business Cardiff to help you to find your way around. Management and management schools and travel • Social events and parties – these are a • MSc in International Transport frequently to extend their knowledge. You great way to make friends. • MSc in Marine Policy and Shipping will work with, and be taught by, staff who • A bank letter service to help you open a Management are pioneers in their subjects and contribute bank account when you arrive in the UK. • MSc in Strategic Marketing to the advancement of knowledge. • MSc in Business Strategy and English Language Programmes Entrepreneurship You will be taught in formal lectures, small The University provides English Language groups (called ‘seminars’) and will be Programmes to full-time international given one-to-one sessions with tutors. The students studying, or intending to study, at curriculum of your course will include the Cardiff University. Language and study skills most up-to-date information appropriate to courses are offered throughout the year, for your career. periods from a few weeks to a full year, to improve your general and academic English. Our students and alumni come from more Our Pre-Sessional Programme in English for than 120 countries worldwide, creating a Academic Purposes is particularly popular. This is a dedicated facility for the On-Site Careers and Employability diverse environment where global These full-time, intensive summer courses postgraduate community and includes two Centre experience informs programme content. are 8 or 10 week programmes designed marquee auditoria; amongst the first in We recently invested in a dedicated on-site We host Bloomberg workshops on campus, specifically to prepare students starting the University to feature lecture capture Careers and Employability Centre, available to give you the opportunity to undertake After graduation you will join a close degrees at Cardiff who hold a conditional facilities, multiple flexible seminar rooms only to Cardiff Business School students. psychometric testing and gain feedback network of alumni who hold top positions in or unconditional offer from the University. designed for small class teaching and on mock tests. Students who perform governments, companies and universities. group working, MSc and MBA Lounges The Centre provides you with one-to-one particularly well at the tests are put in the Your career prospects will be enhanced by and the 60-seat Trading Room. This careers guidance with a Careers Advisor. ‘Top Talent Pool’ from which the very best virtue of the fact that Cardiff University is industry standard, state-of-the-art facility They offer counselling sessions in which you recruiters give job offers to students. a member of the Russell Group. Employers offers Thomson Reuters and Bloomberg can get advice on career decision making, usually favour research-led universities platforms to simulate the real world graduate recruitment opportunities, the Employer-Led Sessions because they know that graduates will be trading floor environment. The School also application process, CV writing, interview Employers such as PwC, KPMG, Deloitte, very well-informed. Of those postgraduate has a separate 460-seat lecture theatre preparations and assessment centres. They Royal Mail, BAE Systems and the Civil students graduating between 2011 and and resource centre, including a 24-hour also are well-connected to industry through Service Fast Stream regularly give employer 2014, 82% were employed or had entered computer laboratory. This is in addition to School relationships and can help facilitate presentations, skills sessions and drop-in further study within six months of completing the Aberconway Building which provides work experience and internship programmes. sessions that help you to understand the their studies. seminar rooms and lecture theatres with employers’ perspective. advanced IT and Audio Visual services, and Seminars and Workshops Services for International Students is home to the Careers Centre. The School’s We offer a wide range of seminars and Entrepreneurship The University provides all of the information on-site library holds over 60,000 books and workshops to help to improve your chances Cardiff University also caters for those and support necessary to help ease the many resources, including academic of getting the job that you want. who think that they would like to start transition to life as a student in Cardiff. journals, are now available electronically their own business in the future. Student Once you have been made an offer you and off-campus. Careers workshops give you help, advice Enterprise at Cardiff University offers will receive advice on immigration, visas, and information on all elements of the skills development, mentoring events, healthcare, climate and living and studying in We work hard to make sure that you get the recruitment process. competitions and business support for Cardiff. You will be able to contact us for any right advice and guidance to find your ideal students and alumni at Cardiff University. advice and support you might need. career and achieve your ambitions. 10 Accounting and Finance Accounting and Finance 11 More online at: www.business.cardiff.ac.uk Accounting and Finance

The Programme AUTUMN SEMESTER KEY FACTS The programme covers the financial and managerial aspects of accounting together Principles of Finance DURATION: 1 year, full-time with the essential principles of finance. This module introduces students to the Students build on these foundations fundamental concepts and issues in modern BEGINS: September 2016 by studying contemporary research in finance that are of concern to all those accounting and finance and by selecting involved in making financial decisions. STRUCTURE: September - June specialist elective modules. Students will learn how to appraise capital Taught Course; June - September investments, how to value various securities Dissertation The taught component covers two academic such as bonds, stocks, futures and options, semesters. The first contains four core and understand alternative asset pricing ENTRY REQUIREMENTS: modules and the second two core modules models. Upper second class honours degree plus two options. During this time students (2:1, GPA 3.0/4.0) in accounting and attend lectures, tutorials and seminars, Advanced Financial Reporting finance (separately or combined) from a coupled with directed reading and other Against a background of dramatic changes recognised institution or a related degree assignments. Following this, students and controversies in the financial reporting which includes the following modules: carry out project work during the summer, environment, this module aims to develop two financial accounting modules, two culminating in the submission of a students’ conceptual understanding management accounting modules, two dissertation. of financial reporting issues and their finance modules. knowledge of the problems and proposed The knowledge and skills obtained in solutions. IELTS: 6.5 with at least 6.0 in each the taught component are applied to a category dissertation in accounting or finance, Research Methods which may cover areas such as auditing, This module seeks to develop a critical corporate governance, financial markets, understanding of research ideas and financial management, financial reporting, methods commonly applied in accounting Why choose this programme management accounting or public sector and finance. Research design and • Access to world-leading experts in accounting. implementation are also addressed with CHOOSE TWO MODULES FROM: accounting the aim of preparing students for the • Excellent career prospects in fields such Programme Structure dissertation. The emphasis is therefore on International Corporate Finance Advanced Management as financial analysis, asset management The programme is designed so that the the practical application of research methods In the last few decades, capital markets Accounting or investment banking foundations of advanced accounting and in accounting and finance. have become international, rather than This module provides an in-depth analysis of Chinese accounting and finance regulations finance are covered in the autumn semester national, in scope. This module aims to a number of key issues relating to the role and practices, and the general and specific Why study Accounting and of the taught component, while the specialist Management Accounting provide students with an understanding of management accounting in the control of underlying causes of the unique features. Finance? topics are studied in the spring semester. In and Control of the content, method and scope of managerial and organisational performance. Aspects of accounting and finance are rarely the spring semester, students augment the Corporate collapses routinely emphasise the international finance and international The module draws heavily on the latest Asset Pricing out of the news. In the global accounting accounting and finance research modules by need for companies to design and implement financial risk management. This equips research material, both theoretical and The asset pricing module is designed area, serious questions of accounting, selecting two modules from six options. appropriate accounting control systems. After students with a thorough grounding in the empirical, to examine these issues. to provide students with a detailed auditing and corporate governance have taking this module, students will understand concepts, principles, theory and techniques understanding of the theoretical foundations been posed following the banking crisis. the contribution of management accounting of international finance, and develops Accounting and Capital Markets that underpin the main models used to price Innovations in financial securities are also and control systems in addressing the their ability to apply financial analysis to The module aims to examine critically the equity, fixed income securities and other creating significant challenges for preparers ‘problem’ of management control and the solve theoretical and applied problems in role of accounting information in capital financial instruments. It also covers the and users of accounting information alike. task of decision-making within organisations. international corporate finance. markets. It focuses principally on the literature that evaluates the extent to which theoretical and empirical evidence on how these models explain real-world financial Technological developments, the Financial Derivatives accounting information is used in investment market prices. globalisation of capital markets, financial SPRING SEMESTER The use or misuse of financial derivatives decisions, but also examines how accounting engineering and changes in regulation has been responsible for past financial can resolve information asymmetries Dissertation have transformed the financial sector so Research Topics in Finance controversies. This module aims to provide between capital providers and management, The dissertation is a 20,000-word research- that many areas of finance are now highly Contemporary research in finance is an introduction to the pricing of the major thus also addressing the stewardship and based study, typically comprising a review sophisticated. Collectively, these changes dynamic, sophisticated and diverse. derivative securities and to introduce contracting roles of accounting information. of the literature and an empirical study of a and trends have created an increase in This module provides students with an how derivatives can be employed in the chosen area of accounting and finance. demand for analytical ability and specialist overview of the key issues arising from management of financial risk. Accounting and Finance in China knowledge in both accounting and finance. the empirical finance literature and also The aim of the module is to develop a provides a critical insight into theoretical International Accounting critical understanding and assessment of Career Prospects and empirical finance research The international financial reporting corporate accounting and finance practices Although this is a specialist programme, methodologies employed in the field. environment is currently an especially in China. It cultivates a greater awareness of students will have a wide range of dynamic one. The aim of this module is to the institutional and environmental factors employment options to choose from, expose students to a variety of international that affect Chinese accounting and finance including professional accountancy, the issues so that they will be able to evaluate behaviours. As China is in a process of financial services sector, management and assess UK financial reporting in a wider transition from a centrally planned economy consultancy or a specialist position in the international context. to a market economy, the module will also public sector. attempt to identify and assess unique features, strengths and weaknesses of 12 Finance Finance 13 More online at: www.business.cardiff.ac.uk Finance

PROGRAMME STRUCTURE KEY FACTS The programme: STAGE 1: STAGE 2: DURATION: 1 year, full-time • Provides access to three leading financial THE FOUNDATION AND THE SPECIALISATION STAGE STAGE 3: databases: WRDS (Wharton Research CONSOLIDATION STAGE CORE MODULES THE DISSERTATION BEGINS: September 2016 Data Services), Thomson Datastream and Thomson One Banker Research Methods in Finance Research Topics in Finance STRUCTURE: September - June • Makes extensive use of the Trading Room, This module develops your knowledge and The aim of this module is to provide you with and application. A particular emphasis is From June to September you will work on Taught Course; June - September with one module taught entirely in this understanding of the research methods an overview of the key issues arising in the given to martingale pricing theory. an individual, research-based dissertation Dissertation facility used in the field of finance and reviews the classical and contemporary empirical finance • Marketing of Financial Services - The role under the supervision of a faculty member. • Gives students the opportunity to potential limitations of existing methodology. literature. Specifically, you will be given of marketing in the financial services Support is given from the outset in preparing ENTRY REQUIREMENTS: undertake the Thomson Reuters Xtra While some mention of econometric insight into the motivation, methodologies industry is becoming increasingly for the dissertation via a range of first- Upper second class honours degree Product Certification Programme, at no techniques is inevitable, the focus is on employed and contribution of the papers in important. The aim of this module is to and second-semester modules, including (2:1, GPA 3.0/4.0) from a leading extra cost, showing future employers your methodologies, including measuring and this literature and you will be provided with draw your attention to the development Research Methods in Finance and Research university, in finance or a related degree capability in using the software benchmarking techniques, that are specific a critical evaluation of a selection of these of a financial services strategy within Topics in Finance. which includes the following modules: • Gives students real skills which they can to finance. papers. As part of this module, you will write an organisation and the diagnosis one quantitative module with 60% use in a professional capacity a research proposal for your dissertation. of the factors that may hinder its pass rate and three analytical finance • Is taught in small class sizes, as a result Principles of Finance implementation. modules, all with 60% pass overall. of competitive entry requirements This module will give you an overview of Empirical Finance • Investment and Electronic Trading - This financial markets with particular emphasis This module introduces you to the major module will provide you with knowledge IELTS: 6.5 with at least 6.0 in each Career Prospects on the portfolio investment decision times series econometric techniques of investment valuation and trading in the category Graduates from the MSc in Finance will process. that are widely used in the modelling of financial markets. In particular, you will attract job offers from a range of financial financial data and the testing of hypotheses learn methods of investment valuation institutions including investment banks, Quantitative Methods concerned with the functioning and how they relate to practice. The hedge funds and stock exchanges. Some The module provides a theoretical and of financial markets. It will provide you module will also enable you to understand “Cardiff Business School’s top ranking, of our graduates will also find roles within practical training in econometric methods with the capacity for understanding and modern electronic trading, both in theory the quality of its supervisors and research The MSc in Finance is an academically- organisations and corporations with a and their application to financial problems. critically appraising applied work in financial and in a simulated trading environment. facilities made it easier for me to choose challenging yet practically-focused master’s strong interest in finance. These include The module makes extensive use of the econometrics. The module will enable you The module makes use of the School’s Cardiff University. The MSc in Finance programme. It draws on input from world- consultancies, national and international School’s computer laboratories. to undertake your own quantitative research Trading Room. has enhanced my knowledge and has leading academics and gives you the regulators, and the finance divisions of projects. • Asset Pricing - The asset pricing module provided a clear pathway for my career. opportunity to develop the confidence, multinational corporations. Market Structure and Trading is designed to provide students with a It is an intense course but it is also knowledge and skills needed for a Systems At least one of the following two modules: detailed understanding of the theoretical rewarding and the modules are very well successful career in finance. Assessment You will be taught the essentials of price • Corporate Finance - This module reviews foundations that underpin the main structured. The academic staff are highly You will be assessed through written discovery, trading strategies, market advanced topics relating to the financing models used to price equity, fixed income professional, supportive and can be easily Why Study the MSc in Finance? examinations, essays and reports, case microstructure and the trading systems used of corporate investments and corporate securities and other financial instruments. approached.” Given the increasing integration of national analyses and presentations, article review, in financial markets. You will be exposed restructuring. The module examines the It also covers the literature that evaluates capital markets, it is becoming more and group work and problem-based reports. to trading systems both in theory and in a main issues relating to the financing the extent to which these models explain TAWFIQ MOSTAFA MSC FINANCE more important to possess a high-quality This mixture helps you to think critically simulated trading environment. The module of corporate investments when the real-world financial market prices. postgraduate qualification in finance if and analytically and provides practice with will also review the role of various traders assumptions underlying perfect capital you wish to work for financial institutions, problem solving in various scenarios. such as informed traders, noise traders and markets are not upheld. corporations or government bodies involved liquidity traders. Extensive use will be made • Financial Derivatives - This module with stock markets, project investment and Group work and discussion also provide of the School’s Trading Room. focuses on the pricing of the major the finance industry. valuable experience of working as part derivative securities and provides you of a team, while presentations help to with training in the use of derivatives in The MSc in Finance equips you for a enhance communications skills. The variety managing risk. successful career in the finance industry of assessment methods is designed to or related industries. You will understand develop a range of abilities and skills in Plus at most one other module from the and be able to undertake high-quality both theoretical and practical aspects of following list: research to inform your decision-making accounting and finance. process. Students have the opportunity to • International Banking - In this module develop and extend their problem-solving you will review the main principles skills though seminars, tutorials and and problems of international banking. practical sessions. The module is intended to cover both theoretical issues as well as the institutional background to international banking. • International Finance - This module aims to familiarise you with the important theories of exchange rate determination and international risk management. • Mathematical Finance - Suitable for students with a background in mathematics and other highly quantitative disciplines, this module gives an overview of modern mathematical finance theory 14 Economics degree programmes Economics degree programmes 15 More online at: www.business.cardiff.ac.uk Economics degree programmes

Our Economics degree programmes draw on the expertise the ragged edge problem and signal Topics will include introduction to state Principles of Money and Banking extraction, nonlinear modelling. pricing arbitrage and equivalent martingale This module provides the theoretical of a faculty who are known worldwide for their work. The measures, Black-Scholes and arbitrage-free background in monetary economics and Empirical Finance pricing, term structure models, optimal finance. Topics include review of the definition programmes have developed in response to the needs of those This module aims to give an overview of the portfolio choice, optimal consumption and of money, properties of a monetary economy, application of econometrics to the study of investment. measurement of money, the neutrality of wishing to move rapidly to positions of authority within banks financial decision-making. Topics include money, the invalid classical dichotomy, tests of market efficiency, time series Microeconomics Economics of the real balance effect, money-in-the- and financial institutions. methods in finance vector autoregressions, Uncertainty utility function, the cash-in-advance model, causation and cointegration, non-linear This module provides a solid understanding overlapping generations model of money, the methods, generalised autoregressive of microeconomic analysis and its classical quantity theory, liquidity preference, Special features include: conditional heteroscedasicity model, tests application to the analysis of uncertainty. Baumo, Tobin, precautionary demand, Miller- • Extensive use of the School’s Trading for non-linearity, generalised methods of Topics covered will include theory of the Orr model, buffer stocks model, money supply Room moment estimates, applications in the consumer, choice under uncertainty, efficient determination, intermediate targets, interest • World-leading faculty experts who have published literature. allocation of risk, asset markets, adverse rate pegging and price level determinacy, extensive practical experience selection and moral hazard, the principal- rules versus discretion, time inconsistency, • A residential conference, held in Gregynog, Principles of Finance agent model, signalling and screening. reputation and credibility, central bank to further develop your skills This module is concerned with the workings independence, desirability of a conservative of global financial markets. Topics include Financial Derivatives central banker, optimal contracts for central Structure of the Economics introduction to portfolio analysis, mean- The use or misuse of financial derivatives bankers, the lending channel and the programmes: variance and the capital asset pricing has been responsible for past financial Bernanke and Gertler model. The Economics programmes are 12 month, model, arbitrage pricing theory, the concept controversies. This module aims to provide full time programmes. They are split into of diversification for risk management, an introduction to the pricing of the major Macroeconomics two parts: the taught component (September risk reduction strategies by the use of derivative securities and to introduce This module provides a solid understanding – June) and the dissertation phase (June – derivatives, different notions of efficiency how derivatives can be employed in the of macroeconomic analysis and its September). During the taught component, and their implications. management of financial risk. application to monetary and financial issues. in Semesters one and two, you will have a Topics covered include a review of the basics mixture of lectures and tutorials and will Corporate Finance International Banking of income and interest rate determination, be expected to undertake independent This module reviews advanced topics This module is concerned with the principles aggregate demand and supply, and open research between classes. relating to the financing of corporate and problems of international banking. economy macroeconomics continuing with investments and corporate restructuring. The Topics include trends in international macroeconomic policy analysis, expectations module examines the main issues relating banking, banking structures, the theory in macroeconomics, business cycles, policy THE TAUGHT PHASE: to the financing of corporate investments of the banking firm, credit rationing, risk credibility and reputational aspects of policy. when the assumptions underlying perfect management, securitisation, financial SEMESTER 1 Students are also required to submit a MODULES capital markets are not upheld. regulation, international bank regulation and Quantitative Methods Four core modules. dissertation of not more than 20,000 Our Economics degree programmes banking law. This module provides theoretical and words. This gives you a chance to explore draw from one common pool of modules. Investment and Electronic Trading practical training in mathematical and SEMESTER 2 a particular topic in depth and test the Students select different options This module will provide you with knowledge International Trade econometric methods and their application Two/three core modules and one/two applicability of your new learning whilst depending on which programme they of investment valuation and trading in the This module will examine all the main to monetary and financial problems. optional modules. Residential Conference under close supervision. Students learn follow. financial markets. In particular, you will learn aspects of international trade. Starting with Topics covered include a review of basic at Gregynog Hall, Mid Wales. about the methodology of research, the methods of investment valuation and how neo-classical trade theory, the module then mathematical and statistical methods systematic analysis of ideas, the problems Development Finance they relate to practice. The module will also moves on to look at the new trade theory, the linear regression model, static and DISSERTATION of collection, appraisal and presentation of This module provides training in the enable you to understand modern electronic which emphasises economies of scale dynamic models, specification tests, 20,000 words. data, rigorous analysis and the presentation economic underpinnings of the financial trading, both in theory and in a simulated and imperfect competition, then analyses simultaneous equations and forecasting, of conclusions in a clear way. issues which affect developing countries. trading environment. The module makes use strategic trade policy. Finally, the module will with applications to problems in banking The taught phase is designed to prepare Topics include economic development of the School’s Trading Room. focus on firms within the global economy, and finance. This module is taught so the students to appraise and carry out research strategy, project evaluation, domestic and and the extent to which the actions of material will be accessible to you if you projects for themselves. The modules “The MSc in International Economics, external sources of finance, taxation and International Finance multinational enterprises can influence trade are reasonably numerate. The emphasis are therefore not taught as ‘routine’ Banking and Finance granted me public sector control, central banking in This module is concerned with the financial and growth. is on teaching students how to conduct theory modules, but instead focus on the the opportunity to learn from leading developing countries, regulation and credit operations of enterprises in the foreign practical quantitative research projects for techniques and subject areas of money, experts with ‘real-world experience’, control, financial deepening, exchange rate exchange market. It provides an analytical Issues in Money and Banking themselves. banking, finance, trade public policy and alongside new life-long friends. The and interest rate management, financial background for the evaluation of the This module addresses current issues in options and derivatives, as appropriate to programme’s modules have encouraged market development. mainstream theories of exchange rate money, banking and finance. Topics include Marketing of Financial Services the chosen degree programme. me to continually grow in my strengths; determination and links these to domestic the role and development of central banking, This module offers students the opportunity challenged me in areas of weakness and Economic Forecasting and international macroeconomic policies. monetary control, regulated versus to understand the role of marketing in a In each module, the emphasis is on the equipped me with essential business This module provides training in the Topics include the macroeconomics of the deregulated banking, monetary financial services context. Topics include application of rigorous methods to the and life skills that have made me a more methods of forecasting used in commercial open economy, exchange rate fundamentals, disequilibrium, the Japanese banking marketing re-introduced, services marketing, understanding of practical problems. refined and well-rounded individual, and enterprises. It also introduces the theories of spot and forward exchange rate crisis, the potency of monetary policy when the extended marketing mix, characteristics The taught phase is assessed work – that will undoubtedly benefit me in my methods of macroeconomic forecasting. determination, currency options, FOREX. interest rates are zero, currency boards and of services and service quality, key service essays, group work project, individual business career as well as life.” Topics include univariate techniques, case studies in Hong Kong and Argentina, quality issues and the measurement of project or class test – and written extrapolation, charting, Box-Jenkins, Mathematical Finance economic development of India and China, service quality, future developments of the examination. Candidates who satisfy DREW FOWLER, MSC IN INTERNATIONAL the use of survey information, leading This module provides an advanced training monetary policy in China. financial services industry, communications the examiners will proceed to the project ECONOMICS, BANKING & FINANCE indicators, and futures and forward in finance suitable for students with a in financial services and brand development stages of the programme and prepare markets, Black-box and VAR methods, background in mathematics and other in financial services. a dissertation. econometric models, combining forecasts, quantitative disciplines. 16 Financial Economics Financial Economics 17 More online at: www.business.cardiff.ac.uk Financial Economics International Economics, Banking and Finance Why choose this programme? • Computational methods such as MATLAB, E-views and STATA integrated into class. • Extensive use of the trading room Why choose this programme? • Access to visiting experts in the field • Extensive use of the trading room • Programme is designed for students from The MSc in Financial Economics addresses both developed and developing countries the issues of analysis and management of • Residential workship in Gregynog Hall in risk and uncertainty in relation to all of the Mid Wales financial markets. KEY FACTS KEY FACTS DURATION: 1 year, full-time DURATION: 1 year, full-time BEGINS: September 2016 BEGINS: September 2016 ENTRY REQUIREMENTS: ENTRY REQUIREMENTS: Upper second class honours degree Upper second class honours degree (2:1, GPA 3.0/4.0) and the following (2:1, GPA 3.0/4.0) and the following previously studied modules: previously studies modules: microeconomics, macroeconomics and microeconomics, macroeconomics and one quantitative module one quantitative module (econometrics is also desirable) IELTS: 6.5 (at least 5.5 in each category) PROGRAMME STRUCTURE Career Prospects Programme Structure IELTS: 6.5 (at least 5.5 in each category) how to interpret financial data for research Students follow four core modules in the Graduates from this degree have gone Students follow four core modules in the purposes, how to identify and exploit trading first semester and three core modules and on to work as bank risk managers, financial first semester and three core modules and opportunities and how to measure and one elective module in the second semester. The MSc in International Economics, analysts, central bankers, bank regulators one elective module in the second semester. manage risk. Banking and Finance provides a rigorous and to undertake further research at Why Study the MSc in Financial SEMESTER 1 training in modern economics and financial PhD level. SEMESTER 1 Economics? The Trading Room • Macroeconomics methods as they are applied to monetary, • Principles of Finance The programme is designed for people who The School’s Trading Room gives students • Quantitative Methods banking, financial and international A Residential Programme • Macroeconomics are looking for careers as professionals the practical experience needed to fully • Microeconomics: Economics of Uncertainty economic problems in the real world. The residential programme gives students • Microeconomics: Economics of Uncertainty in the finance sector, for example in understand the Stock Exchange. Students • Principles of Finance the opportunity to present their dissertation • Quantitative Methods stockbroking, investment banking or financial are offered the opportunity to gain a This programme was one of the first finance- ideas. The event takes place at Gregynog analysis. The programme gives a solid professional Thomson Reuters Certification SEMESTER 2 oriented degrees to be offered in the UK, Hall, a large country house which dates back SEMESTER 2 quantitative foundation for careers in the qualification, free of charge, putting them • Corporate Finance and Cardiff Business School has over 20 to the 15th century, set in 750 acres • Issues in Money and Banking private and public sector. ahead in the career marketplace. • Empirical Finance years of experience in producing first-class of beautiful, formal gardens and countryside. • Principles of Money and Banking • Financial Derivatives graduates from the programme. Each student makes a five to ten minute • International Banking The programme helps you to understand, Graduates of the programme: presentation to a group of staff and fellow analyse and solve economic problems faced • Understand how to measure and manage Plus one optional module from: Why Study the MSc in International students, followed by a Q&A session. Plus one optional module from: by government agencies, central banks, risk of investment in bonds, stock and • Development Finance Economics, Banking and Finance? Presentations allow students to receive staff • Development Finance financial institutions and industry. derivative securities • Investment and Electronic Trading The programme is designed for recent feedback on their proposed dissertation • International Finance Usually, students will have had • Can organise, interpret and analyse • International Finance graduates with solid quantitative skills, topic, offering a good platform to start • Marketing of Financial Services undergraduate training in economics, finance financial datasets using the latest • International Trade who want to specialise in the money and working on their dissertation. Gregynog is • International Trade or a quantitative discipline and finance, or econometric research techniques, and • Economic Forecasting banking field. It is also of interest to those a great educational and social experience, • Economic Forecasting financial engineering. appreciate the value of macroeconomic • Mathematical Finance who graduated less recently and who are appreciated and enjoyed by attending staff • Investment and Electronic Trading analysis and forecasting for financial • Asset Pricing currently working in a financial institution or and students. Career Prospects markets • Trading other private or public sector body, such as Students must achieve a satisfactory Graduates should find employment as • Understand how microeconomics and a central bank or national treasury. The Programme standard in assessed work and examinations specialists in financial institutions, corporate game theory provide an insight into the Students must achieve a satisfactory • Prepares students to work as analysts in covering the taught component in order to treasury departments, central banks and working of financial markets and illustrate standard in assessed work and examinations The challenging mixture of theoretical the banking and financial industry. move on to the dissertation stage. local government. the working of options, future and other covering the taught component in order to and applied elements will equip you for • Exposes students who do not necessarily derivative securities move on to the dissertation stage. a responsible post in the financial and have an undergraduate specialism in DISSERTATION The Programme • Understand time series econometric commercial worlds. economics to the ‘big picture’ of the This requires students to produce a Students follow modules that cover the techniques with respect to financial DISSERTATION macro economy, monetary policy and 15,000 – 20,000 word dissertation. working of the markets for bonds, stock sector modeling, be competent in using This requires students to produce a the international economy, in which the currencies and derivatives (futures and econometric software, and able to 15,000 – 20,000 word dissertation. banking and financial sector operates. forwards, options and swaps). Much of the design a research project making use of • Trains students in the tools of analysis material is very challenging analytically and econometric techniques used to understand banking behavior, sometimes technically, but attention is given • Will be familiar with modern methods of decision-making under uncertainty and at all times to the practical questions of risk management risk management. 18 Human Resource Management Human Resource Management 19 More online at: www.business.cardiff.ac.uk Human Resource Management

Why choose this programme? Small Group Teaching • Accredited by the Chartered Institute of Teaching is undertaken in small groups, Personnel & Development with an emphasis on the use of case • Taught practical skill such as interview, studies. Assessment methods include psychometric testing, negotiation, conventional essays or reports and group arbitration and team skills assessments that require students to create • Residential trip to Gregynog Hall in posters, for which students develop their Mid Wales visual presentation skills, work with local organisations and receive training in design software such as Adobe Photoshop. KEY FACTS The course attracts students from across DURATION: 1 year, full-time the globe, with a diverse range of experience; many students have previous BEGINS: September 2016 work experience in the HR arena whereas others have recently completed STRUCTURE: September - June undergraduate studies. This diversity Taught Course; June - September provides a forum for lively debate and an HRM project opportunity to understand how HR works in different cultures. ENTRY REQUIREMENTS: Upper second class honours degree Guest Speakers (2:1, GPA 3.0/4.0) in business, social to evaluate new ideas, identify which new Cardiff Business School attracts many high THE PROGRAMME sciences, humanities, law or other practices will have the greatest impact on profile guest speakers ever year. Students relevant subjects, from an approved their organisations and have the confidence are actively encouraged to attend these Human Resource Management Reward Management The practice of HR in the modern university or the international equivalent to disregard others. HR professionals need sessions. Recent guest speakers have in Context This module helps you to understand the workplace to question, be critical and make effective included: This module will examine why understanding important process of reward management This module adopts a distinctive IELTS: 7.0 with at least 6.0 in each judgments. The MSc in Human Resource context is important for HRM, discuss ways within employing organisations. interdisciplinary and cross cutting category Management will provide you with this • Peter Harwood, Chief Conciliator, ACAS in which context can be conceptualised, approach to the study of HR practice within critical insight into HR practice. HR is a • Frances O’Grady, General Secretary of the investigate the nature of the immediate You will learn about the key decisions that organisations. Through the use of illustrative field of management that offers promising Trades Union Congress context of HRM (why organisations are employers face when managing reward, such case studies, the module will explore how careers. An average graduate earns • Will Hutton, Chair of the Work Foundation problematic and why management is as deciding rates of pay or whether or not the practice of human resource management Attracting the very best employees and £24,000 and salaries extend to £100,000 • Mark Serwotka, General Secretary of the needed), outline the wider context of HRM, to use pay for performance, the factors that is mediated in the real world. helping them perform to the best of their for HR Directors and £200,000 for Group Public and Commercial Services Union examine the ways in which we interpret and shape reward practice, such as minimum ability is crucial to the success of every HR Directors. • Tracy Killen, Group HR Director, John Lewis define reality and how this influences how we wage and equal pay law, and the challenges Employment Law organisation. The MSc in Human Resource Partnership understand and practice HRM, and suggest of reward management in international firms. This module aims to provide students Management provides you with the theory CIPD Accreditation • Lord Adair Turner, former Chairman of the the implications for how HRM is undertaken. with the knowledge, understanding and and the practical skills to recruit, train and The Cardiff Business School MSc in HRM is Low Pay Commission Leadership, Work and Organisation skills required to brief organisations on develop employees, and to reward them for approved at advanced level by the Chartered The Management of Human This module aims to develop knowledge the consequences of current and future their performance. You’ll understand how Institute of Personnel and Development and A Residential Programme Resources and understanding of leadership and developments in employment law, and to employees shape an organisation’s culture meets its requirements for professional A residential programme is provided as This module aims to provide students with change within organisational contexts. The give up-to-date, timely and accurate advice as members of a productive and motivated qualification. an integral element of the course, with no a rigorous framework of knowledge and module will encourage a critical evaluation concerning the practical application of legal workforce. additional charge. Students spend three understanding concerning the management of different leadership theories and practice principles at work in different jurisdictions. This means that you are eligible to become days at Gregynog Hall, a converted stately of people within organisations. It has a and explore the role of leaders, managers Why Study the MSc in Human a Student Member of the CIPD when you home in Mid-Wales. During the trip, guest number of distinct learning objectives. and consultants in facilitating organisational, The HRM Project Resource Management? arrive at Cardiff, and on completion of lecturers give insights into their business The module seeks to familiarise students team and individual change and growth. The purpose of the project is to provide The human resource management your course, you will have fully met the experiences and a series of case-based with major contemporary research evidence students with the opportunity to test profession is predicted to grow considerably knowledge elements required for Chartered practical sessions give students the on employment and effective approaches Contemporary issues in the applicability of the knowledge, over the next 10 years, as businesses invest Membership of the CIPD. This qualification is opportunity to practice their negotiating to human resource (HR) and learning and HR research understanding, methodologies and skills in the people that help them succeed. increasingly important for those who wish to and conflict resolution skills. development (L&D) practice. This module introduces students to different learnt in the taught modules in a piece of pursue a career within the HR profession. research traditions (critical and mainstream) independent research with the benefit of Whereas traditionally HR was seen as a Employment Relations and to different forms of research-based individual academic supervision. support function in a business, its strategic Why Study the MSc in Human This module is designed to help students inquiry. The purpose of the latter is to allow importance is now more widely recognised. Resource Management? understand how employment is regulated. students to develop appreciation of a range It introduces the student to the methodology Talented and committed employees Along with the theory of human resource The module explores the relationship of research methodologies and how of research, the systematic analysis of have been identified as a key source of management, you are taught the practical between the three ‘actors’ in the employment they can be used to explore practical ideas, the problems of data collection and competitive advantage, and knowledgeable skills that you will need as an HR relationship: management, employees and questions of human resource management. the presentation of ideas in a clear way. It HR professionals have a key role to play in professional. Sessions are provided on the state. also requires reflection on the implications ensuring that the most effective strategies topics such as interview skills, psychometric for professional practice from an ethical, are adopted. assessment, negotiation, arbitration and The changing configuration of these actors professional and continuous professional team skills. Students have the opportunity will be examined in the light of social, development standpoint. All professions have their fads and fashions, to work in small groups to practise these political and economic developments. It and HR professionals need to have the skills skills in an informal and safe environment. explores the different legal frameworks that are in place in different countries. 20 International Human Resource Management International Human Resource Management 21 More online at: www.business.cardiff.ac.uk International Human Resource Management

Why choose this programme? Small Group Teaching • Taught practical skills such as interview, Teaching is undertaken in small groups, with major contemporary research evidence psychometric testing, negotiation, an emphasis on the use of case studies. on employment and effective approaches arbitration and team skills Assessment methods include conventional to human resource (HR) and learning and • Residential trip to Gregynog Hall in essays or reports and group assessments development (L&D) practice. Mid-Wales which require students to create posters, for which students develop their visual International Management presentation skills, work with local The International Management module gives KEY FACTS organisations and receive training in design a thorough understanding of the emergence software such as Adobe Photoshop. and development of multinational DURATION: 1 year, full-time corporations, their organisational structures The course attracts students from across the and international business strategies. It BEGINS: September 2016 globe, with a diverse range of experience; explores how multinationals have evolved many students have previous work in different environments, including North STRUCTURE: September - June experience in the HR arena whereas others America, Western Europe, East Asia and Taught Course; June - September have recently completed undergraduate emerging and developing countries. The International HRM Project studies. This diversity provides a forum for lively debate and an opportunity to Globalisation and the Management ENTRY REQUIREMENTS: understand how HR works in different of Labour Upper second class honours degree cultures. The world economy is now dominated by (2:1, GPA 3.0/4.0) in business, social transnational and multinational corporations. sciences, humanities, law or other A Residential Programme This raises complex issues for the relevant subjects, from an approved A residential programme is provided as management of human resources, not only university or the international equivalent an integral element of the course, with no for international companies that must now additional charge. Students spend three think global and act local (i.e. develop a IELTS: 7.0 with at least 6.0 in each days at Gregynog Hall, a converted stately global business strategy with due recognition category home in Mid-Wales. During the trip, guest of local culture and values, employment laws lecturers give insights into their business and the like) but also for local firms who experiences and a series of case-based compete with international companies. This The MSc in International Human Resource practical sessions give students the module explores comparative employment Management provides the skills and opportunity to practice their negotiating systems and human resource management, OPTIONAL MODULES understanding required to become an and conflict resolution skills. and the HR policies of transnational and effective Human Resource (HR) practitioner multinational enterprises. Contemporary Issues in Reward Management Leadership, Work and in an international environment. THE PROGRAMME: HR Research This module helps you to understand the Organisation COMPULSORY MODULES The Practice of HR in the Modern This module introduces student to different important process of reward management This module aims to develop knowledge and Over the past thirty years, the world has Workplace research traditions (critical and mainstream) within employing organisations. understanding of leadership and change become increasingly integrated as flows of Human Resource Management in This module adopts a distinctive, and to different forms of research-based within organisational contexts. The module goods, services, capital, labour, information Context interdisciplinary and cross-cutting inquiry. The purpose of the latter is to allow You will learn about the key decisions that will encourage a critical evaluation of and ideas, technologies and expertise The module will examine why understanding approach to the study of HR practice within students to develop appreciation of a range employers face when managing reward, such different leadership theories and practice, across national boundaries increase. context is important for HRM, discuss ways organisations. Through the use of illustrative of research methodologies and how as deciding rates of pay or whether or not and explore the role of leaders, managers Organisations are connected to these wider in which context can be conceptualised, case studies, the module will explore how they can be used to explore practical to use pay for performance, the factors that and consultants in facilitating organisational, flows through global production networks investigate the nature of the immediate the practice of human resource management questions of human resource management. shape reward practice, such as minimum team, and individual change and growth. and commodity chains. context of HRM (why organisations are is mediated in the real world. wage and equal pay law, and the challenges problematic and why management is Cross Cultural Management of reward management in international firms. Employment Law These processes have also led to the needed), outline the wider context of HRM, The International Human Resource The aim of the module is to explain how This module aims to provide students emergence of new governance mechanisms examine the ways in which we interpret and Management Project management processes and practices in Employment Relations with the knowledge, understanding and to facilitate cross-border activities. Such define reality and how this influences how we The project will provide students with the international organisations are affected by This module is designed to help students skills required to brief organisations on changes have raised new and important understand and practice HRM, and suggest opportunity to test the applicability of their cultural differences between nations and understand how employment is regulated. the consequences of current and future issues for human resource managers, the implications for how HRM is undertaken. new learning while under close supervision. regions, and to identify how managers are The module explores the relationship developments in employment law, and to issues that ask far-reaching questions of It introduces the student to the methodology able to deal with these differences in ways between the three ‘actors’ in the give up-to-date, timely and accurate advice those in such positions. The Management of Human of research, the systematic analysis of which facilitate the effective achievement of employment relationship: management, concerning the practical application of legal Resources ideas, the problems of data collection organisational goals. employees and the state. principles at work in different jurisdictions. The programme draws on the School’s This module aims to provide students with and the presentation of ideas in a clear academic strengths in the research area a rigorous framework of knowledge and way. A further aim is to enable students The changing configuration of these actors of International HRM in order to equip understanding concerning the management to apply the knowledge, understanding, will be examined in the light of social, students with the tools for an increasingly of people within organisations. It has a methodologies and skills learnt in the taught political and economic developments. It globalised world. number of distinct learning objectives. The modules to individual independent research explores the different legal frameworks that module seeks to familiarise students with under academic supervision. are in place in different countries. 22 International Management International Management 23 More online at: www.business.cardiff.ac.uk International Management

Why choose this programme? Innovative Teaching THE PROGRAMME MODULES • International visit to a major European city We aim to create an active learning The Programme has been designed around • Provides a detailed focus on the social environment, making full use of the latest two main themes: International Business context of management and organisations technology and multimedia resources. Environment in countries across the globe THEME 1: This module helps students to understand • Taught by highly regarded international As well as lectures and small group work, the the changing nature of the business researchers programme will use emerging technologies Globalisation, Regulation and the environment and the relative influence which offer exciting possibilities for Business Environment of different regions. It explores how the extending our understanding of international Students engage in depth with globalisation geo-political and socio-economic context KEY FACTS management. Video conferencing facilities and its impact on business and can influence the external environment for enable international speakers to address management in particular contexts: business; the significance of liberalisation DURATION: 1 year, full-time classes in an interactive virtual environment. of markets for the dynamic expansion of Faculty and students from a variety of Semester One: Compulsory modules in international capital, and the ‘commodity BEGINS: September 2016 institutions will be able to cooperate on • International Business Environment chain’ and its significance for the tasks though the medium of internet based • Governance, Regulation and Standards in geographical location and structuring of STRUCTURE: September - June communication such as webinars. This Global Business international firms. Taught Course; June - September can be reinforced by the creation of virtual International Management Project communities both within the Learning Central Semester Two: Electives - students choose Governance, Regulation and website and social media. two from the current list of three modules Standards in Global Business ENTRY REQUIREMENTS: • Asian Business Systems The module explores the changing forms Upper second or first class honours MSc International Management students • European Business Systems of governance and regulation emerging degree, (2.1, GPA 3.0/4.0) preferably also go on a five-day study trip to Grenoble • International Business Ethics in the contemporary international business in a business/management area or Business School in the south of France in environment. It assesses the organisational in social sciences. Appropriate work the spring term. Whilst on the trip students THEME 2: and managerial significance of the former experience may also be taken into attend lectures at this prestigious institution, within a globalised business environment account. and are also given time to enjoy the Management in an International that is characterised by increasing historical and cultural delights of Grenoble. Context interconnectedness and interdependency IELTS: 7.0 with no less than 6.0 in any A day trip to the nearby International Labour This theme takes a view inside the between national capitalist political individual component. Organisation in Geneva, Switzerland is also firm and examines aspects of control economies. trade, global criminal networks and drug local culture and values, employment laws part of the itinerary. The cost of the trip is and coordination in multinational firms trade. We will also consider illicit markets and the like), but also for local firms that included in tuition fees; students do not pay together with the organisation of particular Asian Business Systems and businesses to see how they are compete with international companies. This This programme is designed to create extra for the experience. management specialisms in an international This module examines Asian business interconnected with illegitimate activities. module explores comparative employment managers who have specialist knowledge of context. systems, with a particular focus on systems and human resource management, the role of management and management Assessment China (including Hong Kong and Taiwan), International Management and the HR policies of transnational and functions, and a strong understanding of Modules will be assessed through a variety Semester One: Compulsory modules in Japan, Singapore and South Korea. Asian The International Management module gives multinational enterprises. the social, political and ethical context of of methods including individual essays, • International Management firms have become highly competitive a thorough understanding of the emergence business in a globalised world. exams and group work presentations. The • Cross Cultural Management across a range of sectors, particularly and development of multinational International Marketing International Management Project consists in manufacturing of various sorts. Asian corporations, their organisational structures This module aims to provide an The MSc in International Management is of a report of 15,000 words. Semester Two: Electives - students choose economies have become increasingly and international business strategies. It understanding of the contextual factors, designed for those who want to prepare two from the current list of three modules important in the global economy. explores how multinationals have evolved strategic and administrative mechanisms, themselves for a career in international • Globalisation and the Management of in different environments, including North and organisational processes relevant management within an international Labour European Business Systems America, Western Europe, East Asia and to establishing and maintaining effective organisation. • International Marketing This module examines the advantages and emerging and developing countries. international marketing strategies. This will • Managing in International Professional disadvantages of doing business in Europe. be accomplished by exploring the practical Students gain in-depth insights into the Services Firms A central focus is on studying different Cross Cultural Management and theoretical foundations of international theory and practical challenges of managing types of European Business Systems, The aim of the module is to explain how and global marketing activities. in a global context, exploring topics such as: The International Management including coordinated market economies management processes and practices in Project: (e.g. Germany), liberal market economies international organisations are affected by Managing International • The dilemmas facing managers in a This stage is a combination of group and (e.g. the United Kingdom), Nordic capitalism cultural differences between nations and Professional Services Firms highly competitive global environment individual work. Students use the knowledge (e.g. Sweden), Mediterranean Capitalism regions, and to identify how managers are Professional Service Firms (PSFs) such as where regulators, consumers, and skills developed in the modules to (e.g. Spain) and Eastern European able to deal with these differences in ways consultancies, publishers, law and audit governments, shareholders and social analyse issues of their own choice related Capitalism (e.g. Poland). which facilitate the effective achievement of firms, and PR and marketing companies movements are continually monitoring and to problems of managing in international organisational goals. are an increasingly dominant feature of the judging the performance of organisations. contexts. Students submit two pieces of International Business Ethics corporate landscape. The emergence of • How innovation is developed and sustained work: a Research Plan and an International This module examines international Globalisation and the Management new professions, such as auditors, in multinational firms, and the role played Management Project, built from the business from an ethical perspective. We of Labour consultants and PR agents, raise important in this by science, governments, new Research Plan. focus on those aspects of international The world economy is now dominated by questions about what it means to be a technologies and human resource policies. business that are rarely addressed, including transnational and multinational corporations. professional, how such institutions should those that are either illegal or border on This raises complex issues for the be governed, and how professional forms of The programme is taught by highly ranked the illegal. International business is often management of human resources, not only governance fit into a globalised economy. international researchers specialising conducted in areas or in situations where for international companies that must now in the dilemmas faced by managers in right and wrong, and legal and illegal are think global and act local (ie develop a global multinationals. not clear cut. Topics will include organ business strategy with due recognition of 24 Logistics, transport and maritime degree programmes Logistics, transport and maritime degree programmes 25 More online at: www.business.cardiff.ac.uk Logistics, transport and maritime degree programmes

Our operations, logistics, transport and Programme Structure: maritime degree programmes draw upon Between September and June, in Semesters International Logistics the expertise of academics who are known One and Two, you will undertake the taught The International Logistics module aims of improving operational decision-making worldwide for their work in these sectors. component of the programme. to enable students to develop a thorough and the forecasting capabilities of modern appreciation of modern logistics. After organisations. It does so through a great Cardiff University has long served the During this period, you will attend lectures the core components of logistics number of real industrial case studies and operations, logistics, transport and maritime and, in some modules, attend tutorials are explained, the module builds an training in modelling by using modern software communities with a suite of carefully- and undertake case study exercises. understanding through theory and practice solutions. designed and very well regarded taught This classroom-based learning is coupled of what is involved in world-class logistics master’s programmes. The programmes with directed reading to enhance your management today. Logistics Modelling equip students to work in the fields of understanding. Students must achieve a The Logistics Modelling module provides logistics, transport, manufacturing, maritime satisfactory standard in assessed work Strategic Supply Chain an understanding of the use of quantitative business, law, retail, operations management and examinations covering the taught Management models in logistics and supply chain and other related areas. component. This module sets out to provide students management using industrial case studies, with a comprehensive understanding and develops a capability to make system- The academic staff have considerable Students then undertake a dissertation of supply chain management and its wide supply chain decisions. In the first experience in working with the public and between June and September. importance from a strategic perspective. semester, a syllabus emphasising dynamic private sectors in the UK, EU and overseas, It investigates the strategic decision- modelling is introduced, with regard to and their experience is fed back into both Teaching and Assessment making processes in supply chain design decision-making related to the inventory programme development and teaching. Teaching on these programmes embraces including purchasing and develops a critical control and replenishment. In the second The staff are also very active participants a range of methods including traditional appreciation of the need to consider the semester, the emphasis is on other classical in intergovernmental organisations, in class work, group seminars, interactive process, technology, costs and people modelling techniques which cover a wider areas such as policy development, and in problem-solving and continuous elements in supply chain management. range of logistics and supply chain topics advisory work for companies and sectoral assessment. (linear programming, queueing theory, discrete organisations. Operations Management event simulation). The taught component is assessed through The Operations Management module draws Industry Input examinations, essays and project work. upon the latest techniques, systems and International Commercial Lean Operations Ship Chartering and Management Students on these programmes benefit from Students who are successful in the taught thinking in operations management. The Maritime Law The Lean Operations module uses real This new module equips students with a guest lecture series that brings experts to component proceed to stage two and module develops, applies and consolidates The module covers the law relating to the case studies of lean operations to provide a thorough understanding of shipping Cardiff to discuss their experiences of the prepare their dissertation. Candidates who learning through solving problems relating to ownership, registration and operation of students with deeper understanding management as well as knowledge of ship industry. Last year, this included: achieve an appropriately high standard in the real world of operations management. ships, with particular reference to the legal of identifying, analysing and improving chartering in an international environment of • Prof Nikos Nomikos - CASS Business School the examination and dissertation phases consequences of operating a ship operational performance, through the the shipping industry. The module provides • John Burnett –Operations Section Head, are eligible for the award of the degree with International Shipping Policy particularly in respect of the transport of application of the lean and quality the context to critically assess relevance of Aberthaw Power Station (APS) RWE either a distinction or merit. The module covers the international goods. The subjects covered are examined management principles/tools and theories and applications in ship operations. Generations SE regulatory environment for shipping, under English law both in the context of the techniques in different types and sizes of • Ian Harrison – Senior Technical Manager, Accreditation exploring relevance of flag state functions taxonomy of English Civil and Criminal law, industries. International Transport and Intertanko The three MSc programmes benefit from and port state control co-ordination. and of relevant international rules. Sustainable Business • Professor Paul Goodwin – Bath University accreditation by the Chartered Institute of Students are introduced to international Port Policy and Management International Transport and Sustainable • Steve Spall – Director, Innocent Logistics and Transport, the independent versus regional and unilateral approaches to International Trade and Sea This module includes port ownership and Business equips students • Steve Welch and Chris Coles – Yeo Valley professional body for individuals associated regulation including the influence of political, Carriage Law administration, deregulation and institutional with an understanding of sustainable Panel representing Marine Insurance with logistics, supply chains and transport. military and violent threats to shipping and The module provides understanding of the reforms in the port transport industry, business environmental auditing and the Underwriters from London international trade. The module also covers principles of English Law applicable to principles of management organisation, contribution that transportation can make to • Professor Marylyn Carrigan – Center for Graduates of the programme who meet the aspects of the measurement of safety contracts involving the international sale port marketing and the commercial function, future sustainable societies. Business in Society (CBIS), Coventry academic standard required by the Institute output, including specific instruments of of goods and the carriage of goods by sea. port location, employment reforms and University to become a Member, also benefit from a formal safety assessment and including It aims to advance the intellectual policies, dry ports, ports in transport Dissertation reduction in the number of years’ experience economic methods of appraisal. Finally, the development of students through the chains and environmental objectives in port The Dissertation is the final element of the Many students are also offered a field trip they need before they can apply to be a module provides an analysis of maritime application of tools of legal analysis in management. MSc, where students undertake a practical to a practicing organisation related to their Chartered Member. accidents and the links to regulation of approaching factual issues related to complex project of 15,000 words in the area of degree area. Last year this included a site maritime safety and flags of convenience. areas of international economic transactions. Shipping Economics transport, logistics, operations or supply visit to the offices of London Marine MODULE TOPICS This module includes shipping markets chain management, building upon the taught Insurance underwriters, jointly organised Operations Analytics International Transport Operations analysis, bulk shipping markets, including elements of the programme. A series of with the School of Law and Politics. E-Commerce & Information The Operations Analytics module Through this module, students gain an specialised markets the economic research methods lectures are provided Technology is concerned with forecasting and understanding in the management processes mechanisms in shipping, cyclical to give students the necessary skills to The E-Commerce and Information Technology decision making in the new era of Big behind international freight movements. fluctuations, shipping competitiveness, complete the dissertation. module provides a comprehensive Data. It emphasises the abundance of This includes aspects such as transport investment appraisal in shipping, the nature understanding of IT in the logistics and potentially useful digital information, modal choice, terminal selection, economic of liner shipping, costing and pricing of liner transport sectors with reference to the latest and the need for the development of aspects of freight movements and the policy shipping services, economic regulation technological developments. new tools and methodologies that may frameworks within which such services of liner shipping, and co-operation and efficiently and effectively handle such operate. All modes of transport are covered, competition in shipping. large amounts of data for the purpose both on a regional and global scale. 26 International Transport Logistics and Operations Management 27 More online at: www.business.cardiff.ac.uk International Transport Logistics Marine Policy and and

Why choose this programme? • More than 40 years of experience of Operations Shipping teaching and researching in international transport • Strong links with industry Management Management

KEY FACTS

DURATION: 1 year, full-time Why choose this programme? Why choose this programme? Programme Structure BEGINS: September 2016 • Taught by internationally recognised • Strong links and reputation in the Students must undertake one compulsory leaders in the field international maritime industry module: ENTRY REQUIREMENTS: • Option to take the highly popular • Students have access to an expansive • International Shipping Policy Upper second class honours (2:1) or Lean modules database from Lloyds and Clarkson equivalent. We also accept students Plus three optional modules from: who do not have a degree. They will • Port Policy and Management be considered for the programme if KEY FACTS KEY FACTS • Ship Chartering and Management they have relevant and significant work • International Commercial Maritime Law experience. DURATION: 1 year, full-time DURATION: 1 year, full-time • International Trade and Sea Carriage Law • Shipping Economics IELTS: 6.5, with at least a 6.0 in each BEGINS: September 2016 BEGINS: September 2016 category Followed by a 15,000 word dissertation. ENTRY REQUIREMENTS: ENTRY REQUIREMENTS: Upper second class honours (2:1) or Upper second class honours degree equivalent. We also accept students (2:1) or equivalent. We also accept sea who do not have a degree. They will captaincy qualifications and extensive The MSc in International Transport is a be considered for the programme if marine-related work experience business oriented degree for those in, or they have relevant and significant work wishing to enter, the international shipping, experience. IELTS: 6.5, with at least a 6.0 in each transport and logistics sectors. Cardiff category Business School has over 40 years of IELTS: 6.5, with at least a 6.0 in each experience of researching and teaching category international freight transport, and the programme has a very good reputation in The MSc in Marine Policy and Shipping the industry. Management is a postgraduate programme The MSc in Logistics and Operations designed to give you the capacity to be Today’s freight transport industry needs Programme Structure Management develops students’ academic effective at the highest levels of well-educated and adaptable managers One module from: and technical skills, providing the employment in maritime-related industries at all levels, whether at policy making or • E-Commerce and Information Technology “My time in Cardiff Business school not breadth of understanding that is vital for and maritime administration. operational levels. • Logistics Modelling only enhanced my academic knowledge; successful careers in logistics, supply chain • International Logistics it also assisted me to develop my future management and operations management. The programme provides a wide range of Transport is essential to every society and • International Transport and Sustainable career.” professional skills and leads to a wide accounts for a significant proportion of the Business The Programme variety of job opportunities. Students find cost of most activities. It is a large and SAEYEON ROH, Students must undertake one compulsory employment nationally and internationally complex industry, which includes a wide Plus up to two modules (to make a total of MSC IN INTERNATIONAL TRANSPORT module: in ship operating/management companies, diversity of firms and organisations in the four modules) from: •Operations Management protection and indemnity clubs, industry shipping ports and logistics sectors, as • Port Policy and Management associations and policy organisations. well as supply chains and support services. • Shipping Economics Plus at least one module from: It is an industry at the forefront of • International Commercial Maritime Law • International Logistics The programme is also attractive to those technological development. It provides new • International Trade and Sea Carriage Law • Logistics Modelling already in the marine industry who wish business opportunities in the areas • Ship Chartering and Management • Strategic Supply Chain Management to broaden their experience and gain of logistics and e-commerce. knowledge of key maritime issues. Followed by a 15,000 word dissertation. Plus one or two modules (to make a total of four modules) from: The programme is practically oriented • Lean Operations and draws heavily on the research and • E-Commerce and Information Technology consultancy of the faculty, reflecting the • International Transport and Sustainable University’s leading international position Business in the field of maritime affairs. The • Operations Analytics dissertation stage allows students to further develop an area of special interest Followed by a 15,000 word dissertation. in the maritime field. 28 Strategic Marketing Strategic Marketing 29 More online at: www.business.cardiff.ac.uk Strategic Marketing

Why choose this programme? • Triple accredited by the Chartered Institute of Marketing, Federation of European Direct and Interactive Marketing, and the Marketing Research Society • Is taught in small groups, which maximises the opportunity for discussion and for interaction with faculty members

Why Study the MSc in Strategic Experts from Industry THE PROGRAMME KEY FACTS Marketing? We welcome a wide variety of speakers on The programme consists of two stages – The MSc in Strategic Marketing provides the subject of strategic marketing each year. the taught component and the marketing DURATION: 1 year, full-time you with the knowledge you need to These include: project. succeed as a marketing professional. • David Roche, President of hotels.com® BEGINS: September 2016 You will explore the dynamic role of Worldwide and Venere.comTM SEMESTER 1 marketing in a wide range of consumer, • Llyr Jones, Head of Group Strategy, STRUCTURE: September - June industrial and international markets. BAE Systems plc Strategic Marketing Management Taught Course; June - September • Chris Moss, Founder of Famoss and Taking an in-depth look at strategic marketing and evaluation of digital media and social Participating organisations have included: Marketing Project You will be given the latest information on responsible for building brands such management, the module helps students technologies in society. • Equinox Communications the evolving methods and technologies as Virgin Atlantic and Orange to understand the practical challenges • Consumer Intelligence ENTRY REQUIREMENTS: that are used to promote products and of devising and implementing market-led Measuring Marketing Effectiveness • Cynnal Cymru-Sustain Wales Upper second class honours degree services. You will gain a solid understanding In addition, we host events with The strategic change in a variety of contexts. The Measuring Marketing Effectiveness • Monmouthshire County Council (2:1, GPA 3.0/4.0) which includes of the increasingly demanding business Chartered Institute of Marketing. module introduces students to marketing • Pera Cymru a module in either marketing or environment, and will develop an enhanced Speakers have included: Behavioural Aspects of Marketing metrics and how they can be used effectively • South Wales Police mathematics. ability to adapt swiftly to challenging • Professor Stephen Brown, University This module helps you to understand in the business environment. It gives you the • Welsh Music-SWN Festival marketing situations. of Ulster the behavioural aspects of consumer analytical skills needed to manage marketing • IQED IELTS: 6.5 with no less than 6.0 in any • Claire Swindell, Spindogs and organisational buying and marketing productivity and effectiveness. • JP Executive Lettings and Property individual component • Philip Hamilton, former Managing Director communications in an ever-changing market Management of Wrigley’s environment. You will look at the cognitive Marketing and Society • S.A. Brain and Company • Roger Pride, Managing Director of and situational underpinning of consumer This module expands your marketing • V12 Retail Finance Cardiff and Co and organisational buying, negotiation skills knowledge and considers the social, ethical • Year of the Tiger Health Spa • Liz Doig, Director of Wordtree Ltd in personal selling and creativity in message and environmental issues that surround • Body Clinic formation across marketing communications. marketing. It provides ethical frameworks • Box UK within which marketing and markets can • Holiday Inn Research in Strategic Marketing operate and enables students to apply • Leadership and Management Wales Marketers need to know how to undertake strategic marketing practices within social • National Childbirth Trust research in order to make the best and not-for-profit contexts. • Rhondda Heritage Park decisions. This module helps you to understand the main research methodologies International Marketing Triple Accreditation and techniques within a marketing context, The aim of this module is to provide Our triple accreditation provides choose a suitable method for a given students with an understanding of the key students with: research problem, conduct research and cultural, national and organisational issues • A Diploma in Direct and Interactive interpret findings. that impact on the management function Marketing, awarded by the Federation of in a global business environment. Active European Direct and Interactive Marketing Integrated Marketing involvement in seminars, case-analyses (FEDMA) upon successful completion of Communications and discussion groups will enable discipline the programme The Integrated Marketing Communications specific intellectual and transferable skills to • Exemption from the Chartered Institute module allows you to understand marketing be developed. of Marketing Professional Diploma communications theory and practice • The opportunity to join the Marketing in national and international contexts. STAGE 2: Research Society, once students have The module covers integrated marketing The Marketing Project achieved three years’ work experience communications models, tools, media and The Marketing Project enables you to work on message strategies, the strategic aims a real-life marketing problem in a business, of marketing communications, and using public sector or non-profit organisation. You communications strategy to gain competitive will work in a team of three to five members, advantage and create value. supervised by an academic. You’ll spend two months learning about SEMESTER 2 the organisation’s operating environment, analysing their marketing challenges, Digital Media Marketing designing a marketing plan for the This module helps you to understand the organisation and presenting the proposed theories, approaches, techniques and solution to their management board at a tools used in digital marketing and the role formal presentation. 30 Business Strategy and Entrepreneurship Business Strategy and Entrepreneurship 31 More online at: www.business.cardiff.ac.uk Business Strategy and Entrepreneurship

Why choose this programme? • One of the first providers of master’s level training in entrepreneurship in the UK • Gain experience in how to pitch business ideas • Delivered by internationally-recognised scholars

KEY FACTS

DURATION: 1 year, full-time

BEGINS: September 2016

STRUCTURE: September - June Taught Course; June - September New Venture Plan

ENTRY REQUIREMENTS: Upper second class honours degree (2:1, GPA 3.0/4.0) in any subject SEMESTER 2 SEMESTER 3 IELTS: 6.5 with no less than 5.5 in any individual component Innovation Management New Venture Plan This module discusses how entrepreneurs This module aims to integrate and apply fashion retail, healthcare, IT services, in start-ups and family businesses can core course concepts, skills and techniques hospitality, leisure and sports, charities and shape their organisations so that they in order to construct and present a new local council services. The MSc in Business Strategy and can continuously build and commercialise venture plan for either a start-up company Entrepreneurship provides students with valuable innovations, and how managers or an existing organisation, based on a In the case of developing a start-up the skills required to develop and grow and executives in established firms can defined brief. business, the project team will develop the new ventures both in start-up and corporate become more entrepreneurial in their business model for the business under the contexts. approach to innovation. THE NEW VENTURE PLAN supervision of an external entrepreneur. We recognise that students value the The culmination of the project will be a The programme is designed for graduates Venture Growth and Development opportunity to apply their learning in presentation of the start-up business model seeking a rigorous foundation prior to The module will focus on the issues and practice. We have therefore replaced the to a panel of venture capitalists. launching their own company or entering problems involved in developing and traditional dissertation with a practical an existing corporation in a role focused managing entrepreneurial organisations. New Venture Plan. For the New Venture Plan, on business development and growth. Students will evaluate the factors that you will work in a project team comprising It provides students with the required skills SEMESTER 1 make an organisation effective at each three to five members, supervised by an “Like most international students, I was a via a combination of teaching methods stage of growth. academic expert. little apprehensive about studying abroad. covering knowledge about best business Economics and the Business New Venture Creation But the multicultural environment makes practices, as well as the fundamental Environment This module provides students with an Entrepreneurial Marketing The plan will focus on either the Cardiff one of the most desirable cities principles behind them. Building on these The aims of the Economics and the introduction to the entrepreneurial process. This module provides an in-depth development of a start-up business or to live in. The Business School has an skills, students will also have the opportunity Business Environment module are to It exposes students to the concepts, understanding of the theory, concepts the development of a new venture for an international reputation, excellent library to create a new venture. The development introduce students to the nature and practices, skills and tools of starting and and tools that are used to market a new external organisation. facilities and good teaching staff.” of this new venture will be supported by functioning of firms and markets so growing a new business - whether this be product offering, and are applicable in an academic faculty as well as a corporate that students can improve their in a start-up, corporate or family context. entrepreneurial setting. Emphasis is placed In the case of developing a new venture MITALI CHITRE sponsor or entrepreneur. business decisions, and to encourage on the special requirements for creating and for an external organisation, the project students to understand the social and Entrepreneurial Finance executing marketing plans and programmes team will spend two months learning about The programme consists of nine subjects political environments in which The aims of the module are to provide in a setting of rapid technological change. the participating organisation’s operating completed over one year of study. organisations operate. students with skills in the preparation and environment, analysing the opportunity for interpretation of financial reports, as well Leadership and Personal the new venture, designing and developing Reflective Perspectives and as to provide an understanding of the uses Development the business model for the venture, and Practices of management accounting techniques The module aims to evaluate the indicators presenting the proposed solution to their This module encourages students to reflect in evaluating cost behaviour for decision of personal leadership styles and apply management board at a formal presentation. critically on the nature and challenges making purposes and financial management. these to individual working practice. of entrepreneurship. It addresses those Students will learn to understand the Participating organisations could be small themes relating to entrepreneurship as principles of leadership and how they can start-ups or established organisations, in practice and entrepreneurship in context. help the individual to work more effectively. various industries such as financial services, Research environment 33 More online at: www.business.cardiff.ac.uk Learning environment

INVESTING FOR THE FUTURE Cardiff Business School recently opened its £13.5 million Postgraduate Teaching Centre; a dedicated facility for the postgraduate student community. It offers two marquee auditoria and is among the first in the University to feature lecture capture facilities, seminar rooms designed for small class teaching and group working, MSC and MBA Lounges and the 60-seat Trading Room.

The Postgraduate Hub can also be found here where staff are on hand to help with any queries that you might have. FACILITIES AT CARDIFF BUSINESS SCHOOL The Aberconway Building The Aberconway and Julian Hodge Buildings offer lecture theatres, seminar rooms, coffee shops and the Aberconway Library. The Aberconway Building also houses the Business School’s academic staff.

We also have an onsite Student Support Office, with staff who will help you with issues such as finance, accommodation, visa advice and personal welfare.

Our Careers and Employability Centre has two specialist careers consultants who will help you with everything you need to find your ideal career. Online Access Electronic resources such as business The Aberconway Library information, census records, scientific data, AT A GLANCE The Aberconway Library holds multiple and the full text of newspapers and other • Onsite Careers and Employability copies of key textbooks and more than publications are available to our students. Centre 60,000 books. It subscribes to more than Learning Central, our online study resource, • Onsite Student Support 1,800 national and international journals, also provides students with access to • Trading Room facilities ebooks and newspapers, providing the most lecture notes, reading lists, discussion • Extensive Library recent updates in business thinking. You boards, study materials and lecture • WiFi enabled Campus can also use Cardiff University’s 14 other recordings. libraries. Cardiff University’s libraries are fully computerised, with 24-hour facilities Computing at some locations. A virtual librarian service The Julian Hodge Building offers a 24-hour is also available if you need help but don’t resource centre with 260 networked want to go in to the library. computers.

Your user name and password will allow you to log in to University facilities including a large number of software packages, spreadsheets, statistical packages, databases, word processing and graphics packages.

Help, advice and training are available for students from the University’s Computing Centre.

The campus is WiFi enabled and all student accommodation is networked. 34 Alumni Profiles International Students 35 More online at: www.business.cardiff.ac.uk Alumni profiles International students

As an international student you have access to a personal and will definitely be a good choice. If you are dedicated service from the International Office to help with your considering it please do not hesitate - just go ahead. The place is nice, the people are application and make the transition to studying at Cardiff. Please nice, and the life is nice; you will not regret the choice you made. I am so glad that I contact us; we are here to help. chose Cardiff University as I had a great time there and made a lot of new friends.” Supporting International Students Meet the International Office in Applying to Cardiff University as an The University has a long tradition of your Country International Student Dominic Bevan Jennifer Claridge welcoming international students and prides Staff from the International Office also travel To apply to Cardiff as an international Works at: Reid Lifting Works at: British Film Institute itself on providing a supportive environment. to more than 30 countries each year so you student you should follow the standard Some of the benefits for international can meet University staff and discuss your procedure as outlined on page 37. students studying at Cardiff University study options in person. Studied: MSc Logistics and Operations Studied: MSc Human Resource Managment include: The International Office Management (2012-2013) (2008-2009) Look at the International Office website: As an international student you have access Guaranteed accommodation www.cardiff.ac.uk/international for more to a personal and dedicated service from “I feel very lucky in that unlike many of “Gaining a postgraduate degree in HRM from As an Overseas/EU postgraduate details of where we are travelling, and sign the International Office to help with your my friends, I do not have to question what the Cardiff Business School definitely helped student arriving in September, you are up to receive notifications of visits. application and make the transition to relevance my qualifications have to my me secure my first job. Although I didn’t guaranteed a single occupancy place in studying at Cardiff. Please contact us; we career. There is a lot of investment going have as much workplace experience as University residence as long as you apply Help Making an Application in your are here to help. on in the Business School regarding some applicants, having the MSc showed my through the normal admissions cycle. The Country facilities such as the new building next Sarah Bochud commitment to getting into the profession of accommodation is in a variety of high quality In addition to help provided by the to Julian Hodge Building, as well as an Works at: Swiss State Secretariat HR and my level of academic achievement student residences which are close to International Office, you can get assistance exemplary standard of teaching from the from a highly reputable University. Since campus. You can find out more on the web: from the University’s network of educational dedicated faculty and support staff. for Economic Affairs (SECO) I graduated in 2009 the course has also www.cardiff.ac.uk/residences advisors. To find out whether we have an become CIPD accredited, which will only help educational advisor near you, visit the For those who show the initiative, there are Studied: MSc International Economics, future students when they want to progress Help before you arrive International Office website and select your numerous possibilities to equip yourself Banking and Finance (2008-2009) up the HR ladder. The International Office will send you country: www.cardiff.ac.uk/international with training in areas that you may not have detailed information on how to apply for picked up in earlier schooling. My example “My qualification brought me a lot! With this I enjoyed every minute of the course. It your visa, travelling to Cardiff and the other English Language Requirements would be ICT skills, which has led me to second Master degree obtained abroad I had was a challenging and rewarding year, with necessary arrangements you will need to All students must have a standard of written undertake Excel classes through University’s no problem in finding my first job. By allowing an interesting and varied programme. I felt make to prepare for studying in the UK. and spoken English that will enable you Information Services resources, as well as me to stand out from other applicants, it had really supported throughout the year as well to benefit fully from lectures, seminars embarking on the European Computer - and still has - a very positive impact on my as encouraged to research and pursue my The induction programme and tutorials. The English Language Driving Licence course.” professional opportunities. interests especially when writing my thesis.” In September and January each year qualifications accepted by the University the International Office organises a include IELTS, and the minimum standards In so many ways my experience in Cardiff is comprehensive orientation programme for required are listed on the website. You are unforgettable. The high quality of education new students. In September this includes advised to check the website for the most confirmed that I made the right choice. free collection from Cardiff and Heathrow up-to-date information: www.cardiff.ac.uk/ I also discovered a different system of (London) airports. postgradapply education from the one I had experienced in Switzerland; Cardiff expects more International student advisors English Language Support autonomy and responsibility from students. In addition to the support provided by your Our English Language Programmes are These expectations combined with the School, the University has specially trained available to full-time International and EU strong competencies of the professors international student advisors to provide (non-UK) students studying or intending and the staff - always ready to answer you with assistance on any issues including to study at Cardiff University. Language questions or give some help - are an integral visas and finances. and Skills courses are offered throughout part of the programme and enhance the the year and last from eight weeks to nine status of a degree obtained at the Cardiff International student societies months. They are designed to improve your Jingyuan Luo Business School. The Students’ Union is home to more than general and academic English. Works at: Shanghai Transport & 20 international student societies. The www.cardiff.ac.uk/elt The international network I developed societies run social and cultural events and Further Information: Port Research Center with students and professors is also a organise the annual Go Global international strongly positive point for personal and culture festival. There is also space within Email: [email protected] Studied: MSc Marine Policy (2011-2012) professional relationships.” the Students’ Union for students to meet Tel: +44 (0)29 2087 4432 and relax. “For those who want to pursue a Skype: cardiffuni_international postgraduate degree in a shipping related International careers advice Facebook: www.facebook.com/ field, Cardiff University and the MSc in The University’s Careers Service has cardiffinternational Marine Policy and Shipping Management a Careers Consultant for International Web: www.cardiff.ac.uk/international Students, and provides resources to help you research career paths and opportunities. 36 Funding and scholarships Applications 37 More online at: www.business.cardiff.ac.uk Funding and scholarships Applications

Award of the Degree Candidates who satisfy the examiners and We strongly recommend that you apply comply with regulations regarding residence online if possible, giving you the opportunity and the time limit for submission of their to track the progress of your application. dissertations will be awarded the degree of MSc/Diploma of Cardiff University. Conferral For help with your application form please of degrees is subject to completion of contact the University’s Admissions team: financial obligations to the institution. Email: [email protected] Equal Opportunities Tel: +44 (0)29 2087 9999 Cardiff University is committed to promoting equality and diversity in all of its practices Overseas Applications and activities, including those relating If you are a student from outside the EU to student recruitment, selection and and wish to meet a representative from admission. Cardiff Business School in your home country, you will be pleased to know that The University aims to establish an inclusive staff from the Business School travel culture which welcomes and ensures overseas on a regular basis and will be equality of opportunity for applicants of available to counsel and interview you. all ages, ethnicities, disabilities, family structures, genders, nationalities, sexual They regularly visit education exhibitions, orientations, races, religious or other beliefs, as well as representative offices of the and socio-economic backgrounds. University in many different countries and will be happy to assist you with your This commitment forms part of the Equality application. If you have any queries about and Diversity Policy, which is available at: applying as an international student, please www.cardiff.ac.uk/ cocom/equalityand contact our postgraduate admissions office: diversity/index Email: [email protected] or Applicants with Disabilities/ Tel: +44 (0)29 2087 6953 Specific Needs All offers to study at Cardiff University are Useful Application Information made solely on the basis of academic merit. Cardiff University now offers an online Where applicants have specific requirements application process which allows you to that relate to a disability or medical track the progress of your application. Full This brochure is printed on paper sourced condition, they are encouraged to discuss guidance notes are provided throughout the from sustainably managed sources using Fees and Funding Scholarships these with relevant staff in order that application process. vegetable-based inks. Both the paper used For information on fees, visit: In recognition of the outstanding talent of appropriate arrangements can be made to in the production of this brochure and the www.cardiff.ac.uk/for/prospective/ many prospective students, both Cardiff ensure the University provides an accessible Your application is an important part of manufacturing process are FSC® certified. postgraduate/funding.html University and Cardiff Business School offer environment. Specifically, applicants are the admissions procedure. Applicants The printers are also accredited to ISO14001, a number of highly prestigious scholarships, invited to contact the Disability Adviser should therefore take considerable care in the internationally recognised environmental standard. When you have finished with this The majority of students on designed to attract and reward the brightest who can provide information about the completing the application task in order to brochure it can be recycled, but please consider MSc programmes will be self-funding. students. applications procedure, course delivery and provide the information required in a clear passing it onto a friend or leaving it in your Information about possible sources of access to the physical environment. Where way and to present themselves in the best careers library for others to use. support can be found on the University’s In addition to its own scholarship appropriate, informal visits can be arranged light. We strongly recommend that you website at programmes, the School is also pleased in which applicants can view accommodation ensure that your application is completed Thank you. www.cardiff.ac.uk/postgraduate/pgfunding to offer a number of scholarships in and meet academic staff. in full to avoid any delays. (UK and EU students) and association with partner organisations such www.cardiff.ac.uk/international as large scale corporations. The Disability Adviser can be contacted at: Applicants should enter in the relevant (non-EU students). Student Support Centre section of the application form the names This document can also For the latest information on scholarships 50 Park Place, Cardiff CF10 3AT and addresses of two persons from whom be made available in large offered by the Business School, visit: Tel/Minicom: +44 (0)29 2087 4844 academic references can be obtained. print (text), Braille and on business.cardiff.ac.uk/degree-programmes/ Email: [email protected] Candidates should contact their chosen international-postgraduate-scholarships referees and ask for a reference to be sent audiotape/CD. To request The Application Procedure to the Cardiff Business School. Referees’ an alternative format, The submission of an early application is reports should give an opinion of the please contact advisable, preferably before 31 July of the applicant’s academic ability and suitability year of entry. for the programme. Each report should be Angela Foster-Swailes: clearly marked with the programme title and Tel: 02920 876760 Applications can be made online should state the candidate’s full name as Email: by visiting: given in the application process. http://www.cardiff.ac.uk/for/prospective/pg/ [email protected] apply/index.html Printed July 2015

To find out more about the Cardiff Business School please visit our website at www.business.cardiff.ac.uk

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