MSc (2 years full-time) Investment and Finance (with Advanced Practice)

Entry year:
2026/27
Start date:
September
Study mode:
Full-time
Course duration:
2 years
Campus:
Mount Pleasant

About this course

This Advanced Practice course combines both the theoretical learning of Investment and Finance and the practical application of it through a real consultancy project.

  • Prepare for a range of careers in finance
  • Learn to think strategically about finance with an emphasis on research and critical analysis
  • Benefit from academic expertise in a variety of financial management disciplines
  • Winner! Business School of the Year, Times Higher Education Awards 2025
  • Winner! Business School of the Year, Educate North Awards 2025
  • One Year Study Option
  • Part Time Study Option

The field of investment and finance forms part of the structure of all organisations and the general health of the economy. In every arena, the effective financial investment and management of funds enables businesses to operate successfully, achieving and exceeding their set goals. Engaging in this course of study will provide you with a perennial skillset, and a valuable piece of professional development if you are looking to take your career to the next level of responsibility, and salary bracket.

The overall aim of the MSc Investment and Finance programme is to produce postgraduates who are able to make a valid and meaningful contribution within the field of finance. This will be achieved by exposing you to the current theories, concepts and developments within this discipline and, by doing so, you will become competent and thoughtful practitioners.

You will develop an understanding of the interpretation, uses, and analysis of financial and investment information in a practical domestic and international context. Your reflective, critical and evaluative thinking will be improved through exposure to contemporary and current issues in finance and via teaching and learning that is strongly supported by research and professional practice.

This intellectually challenging programme of study will focus on current issues, themes, and applications within the field of finance and financial management. Your analytical, critical and problem-solving skills will be extended through the academic evaluation of literature and current financial practices.

During the second year of the course, you and your fellow students will undertake a semester-long group consultancy project, working on a project brief provided by a business. This project enables you to apply the theoretical knowledge you have learned and gain workplace experience at the same time.

Liverpool Business School at Liverpool John Moores University is a member of AACSB International The Association to Advance Collegiate Schools of Business.

AACSB International is a global association of leaders in education and business dedicated to supporting and advancing quality business education worldwide. Through membership, accreditation, research, thought leadership, professional development, and advocacy, AACSB partners with over 1,500 organizations, from more than 90 countries globally. Membership or participation in the Global Education Alliance does not imply accreditation.

Course modules

Discover the building blocks of your programme

Further guidance on modules

Modules are designated core or optional in accordance with professional body requirements, as applicable, and LJMU’s Academic Framework Regulations. Whilst you are required to study core modules, optional modules provide you with an element of choice. Their availability may vary and will be subject to meeting minimum student numbers.

Where changes to modules are necessary these will be communicated as appropriate.

Core modules

Research and Quantitative Methods for Finance
20 credits

This module explores advanced research methodologies, examining research philosophy, the formulation of rigorous research questions, and systematic literature review techniques. Students will critically evaluate qualitative and quantitative research approaches, ethical considerations, data collection methods and sampling strategies. The module analyses statistical and econometric methods, regression techniques, and model specification, assessing applications to cross-sectional, panel and time series data. Applied quantitative analysis is examined with a focus on interpreting empirical results, model diagnostics, hypothesis testing, and effective communication of research findings in financial and economic contexts.

Corporate Finance
20 credits

This module explores corporate financial environments, examining equity markets, sources of finance, capital structure, and corporate valuation. Students will assess shareholder returns and market efficiency, evaluating dividend policies and M&A activity. The module analyses financial risk management strategies, covering the use of options, swaps, forwards, and futures in mitigating financial and foreign exchange risks. International corporate finance is examined with a focus on cross-border financial reporting, taxation, international hedging, and arbitrage strategies.

Financial Markets, Institutions and Investments
20 credits

This module explores financial markets and institutions, examining their types, roles, functions and interconnections within the broader financial system. Students will analyse central banks, monetary policy operations, and interest rate mechanisms, evaluating their effects on banking sector structure, regulation, and market competition. The module critically assesses equity markets, stock exchanges, listing practices, and debt market structures, alongside foreign exchange and cryptocurrency markets. Alternative financial systems are examined with a focus on sustainable finance practices and ethical considerations influencing contemporary financial market operations.

Financial Economics
20 credits

This module explores financial economics, examining the evolution of global finance and the impact of economic developments on financial systems. Students will analyse key economic theories, assessing the role of liquidity, interest rates, and risk in shaping monetary policy and financial stability. The module evaluates systemic risk, financial crises, and market contagion, exploring economic policy responses to instability. Students will also apply advanced economic models, assessing the role of money and credit, and the relationship between financial development and economic growth.

Investment Management
20 credits

This module examines the principles and practices of investment and portfolio management, focusing on the relationship between risk and return, capital allocation, and portfolio construction. Students apply mean-variance analysis and asset pricing models to evaluate portfolio decisions.

The module distinguishes between passive and active management approaches and assesses how investment policy statements shape strategic asset allocation. Asset selection and diversification are explored across equities and alternative investments, with emphasis on optimising risk-adjusted performance.

International investment is addressed through the evaluation of global market opportunities, cross-border portfolio risks, and professional approaches to managing institutional and individual funds.

Dissertation
60 credits

This module provides structured supervision to support students in developing and executing an independent research project in finance. Students will formulate and refine a research problem, establish clear research aims and objectives, and construct a robust research design. The module emphasises critical engagement with academic literature, ensuring students demonstrate an advanced understanding of theoretical and empirical contributions relevant to their chosen topic.

Supervision will guide students in applying appropriate research methodologies, with a focus on both qualitative and quantitative techniques. Ethical considerations, research governance, and data integrity will be reinforced throughout the process. Students will critically analyse and interpret their findings, demonstrating academic rigour in synthesising evidence and drawing well-supported conclusions.

The module culminates in the production of a dissertation that reflects independent research, critical reasoning, and the application of financial and economic principles to a significant research question.

Advanced Practice (Investment and Finance)
60 credits

The aim of this module is to enable students to work as part of a consultancy team on a business finance project, applying financial theory to a practical organisational brief. Under academic supervision, students will engage in structured project delivery, with weekly progress presentations and scheduled tutorials providing continuous feedback and developmental support throughout the consultancy process.

Forensic Financial Analysis and Modelling
20 credits

This module explores forensic financial analysis and financial modelling, providing students with the skills to identify and investigate financial fraud while developing structured financial models.

Students will examine corporate scandals, money laundering risks, and financial statement fraud, evaluating investigative approaches used in forensic financial analysis.

The module also develops advanced financial modelling skills, applying Excel functions, scenario analysis, and data modelling techniques.

Students will assess financial forecasting, valuation modelling, and risk evaluation, using stress testing and sensitivity analysis to support financial decision-making.

Your Learning Experience

An insight into teaching on your course

Study hours

Full-time students undertake three modules for each of the two semesters (which are generally offered over two days a week). Part-time students undertake at least one module per semester over the two semesters of the first year and the remaining modules over the two semesters of the second year. The dissertation is produced between June and August in the final year.

Teaching methods

Your tutors will take a proactive role in continually reviewing the financial sector and the relevance of the programme on a regular basis. This constant process of review and revision adds value and currency to the modules tutors deliver through the academic research they produce.

Tutors also work with a range of financial/accounting professional bodies to ensure that teaching reflects current practice within the industry. This approach means you will gain in-depth knowledge and skills that will optimise your learning potential.

Applied learning

You will have the opportunity to develop your practical skills through case studies and worldwide events, by applying investment and financial management knowledge to improve organisational effectiveness and efficiency. You will cover topics including quantitative methods for finance, financial markets and institutions, strategic management, corporate finance and the globalisation of finance to name but a few.

Furthermore, you will undertake in-depth research in various industries, through completion of a range of assessments and a dissertation. This real-world focus will provide immediate value to your present and future employers.

How learning is monitored on your programme

To cater for the wide-ranging content of our courses and the varied learning preferences of our students, we offer a range of assessment methods on each programme.

Assessment methods on this programme are varied to include a Vlog, presentations, reports, tests, examinations and a dissertation.

Where you will study

The School is based in the Redmonds Building, in the heart of the bustling Mount Pleasant Campus and Liverpool 's growing Knowledge Quarter. The building is home to high quality lecture theatres and seminar rooms, social spaces, and a café. It is only a short walk from LJMU's Mount Pleasant Campus Library, which contains all the resources you will require for your studies, and is open seven days a week.

Liverpool Business School also has a dedicated Management Development Suite, based in a listed building in the historic Georgian Quarter of Liverpool and a short walk from the Redmonds Building. The building has recently undergone £1.2 million investment to provide a professional learning space.

Course tutors

Postgraduate research opportunities

At LJMU, you can take the next step in your academic journey with a PhD or MPhil, available on a full-time or part-time basis. International students also have the option to study remotely.

  • PhD duration: Up to 4 years full-time, or up to 7 years part-time
  • Funding options: Choose between funded projects (with supervisors already in place) or self-funded study

Our Doctoral Academy is here to support you every step of the way—from your first enquiry through to successful completion—working closely with Schools, Faculties, and Professional Services.

For more details on postgraduate research and full details on how to apply, visit the Doctoral Academy website.

Career paths

Further your career prospects

LJMU has an excellent employability record with 97% of our postgraduates in work or further study fifteen months after graduation (Graduate Outcomes Survey, 2025). Our applied learning techniques and strong industry connections ensure our students are fully prepared for the workplace on graduation and understand how to apply their knowledge in a real world context.

On graduation from this course you will be able to apply for a number of positions within the finance industry. You may work in retail and investment banks, insurance/pension companies, financial management/financial consultancy, investment consultancy and analysis or accountancy. Potential roles may include: Finance Manager; Financial Controller; Business Strategist and Financial Consultant.

Financial Managers advise clients on the decisions that will direct all kinds of businesses in the most desirable directions. On graduation you will be able to occupy this kind of advisory position in a wide range of interesting sectors.

You may, for example, find yourself working in the charity sector, retail, the healthcare sector, universities, or multinational corporations to name but a few.

Tuition fees and funding

Year 1:
£9,580
Year 2:
£2,940

Fees

The fees quoted above cover registration, tuition, supervision, assessment and examinations as well as library membership and student IT support with access to printed, multimedia and digital resources including programme-appropriate software and on campus wifi.

Financial Support

There are many ways to fund postgraduate study for home and international students. From loans to International Scholarships and subject-specific funding, you’ll find all of the information you need on our specialist postgraduate funding pages. The University offers a range of financial support for students. You'll find all the information you need on our specialist financial support pages including details of the Student Support Fund and other activities to support with the cost of living.

Additional Costs

In addition to fees, students should also keep in mind the cost of:

  • Accommodation
  • Travel costs and field trips unless paid for by LJMU
  • Stationery, IT equipment, professional body membership and graduation gown hire

Year 1:
£17,250
Year 2:
£3,910

International Scholarships and payment plans

Liverpool John Moores University is committed to supporting international students by providing a range of scholarships and flexible payment plans to help students manage their tuition fees.

Scholarships

LJMU provides a variety of postgraduate scholarships to support international students. Scholarships are available to self-funded students who have accepted their offer and met all the conditions outlined in their offer letter. Students must also demonstrate that they can cover living costs, travel, and other expenses associated to studying at the university. Postgraduate scholarships include tuition fee reductions and are often offered in partnership with external funding organisations such as the British Council and Chevening.

All self-funded international students are eligible for an automatic scholarship worth up to £4,000. For more details and to view our full list of scholarships, visit the international scholarship webpages.

Deposit

All students must pay a £5,000 deposit before they can receive their CAS letter.

For more information view our deposit page.

Tuition Fee Payment Plan

After paying their £5,000 deposit, students have the option to pay their fees in full or in three equal instalments minus any internal scholarships and discounts. There are two payment options available for international students. You can either pay your tuition fees in full before enrolment or opt for a payment plan. With the payment plan, you can pay your fees in three instalments after making your £5,000 deposit. The first instalment is due before enrolment.

All payments should be made through Flywire. Full details can be found in the How to Pay Guide.

Entry requirements

You will need:

Qualification requirements

Undergraduate degree

An accredited UK Honours degree with a minimum 2.2 classification or international equivalent where at least one of the modules undertaken is in accounting and finance.

 

Alternative qualifications considered

A full professional qualification recognised as equivalent to a 2.2 degree.

An award which the university has agreed to accept as equivalent to a degree.

Candidates may qualify for entry to the programme on the basis of considerable relevant work experience, normally comprising at least three years at a managerial or equivalent level, which would be subject to scrutiny by the programme team.

Further information

  • RPL

    RPL is accepted on this programme

International requirements

IELTS

IELTS 6.5 (Min 5.5 in each component)

Further information

  • RPL

    RPL is accepted on this programme

Find your country

Please Note: All international qualifications are subject to a qualification equivalency check.

How to apply

Securing your place at LJMU

To apply for this programme, you are required to complete an LJMU online application form. You will need to provide details of previous qualifications and a personal statement outlining why you wish to study this programme.

Your university life

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The University reserves the right to withdraw or make alterations to a course and facilities if necessary; this may be because such changes are deemed to be beneficial to students, are minor in nature and unlikely to impact negatively upon students or become necessary due to circumstances beyond the control of the University. Where this does happen, the University operates a policy of consultation, advice and support to all enrolled students affected by the proposed change to their course or module.

Further information on the terms and conditions of any offer made, our admissions policy and the complaints and appeals process.