Financial Services Management

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Salford Business School

2014 THE Award Winner
Business School of the Year

Study in my country
Industrial Placement
Part-time study available
Alternative start dates available
Based at MediaCityUK
Work placement opportunity
International Students can apply

3 good reasons to study Financial Services Management at Salford


A course that equips you with the necessary theory and skills to work successfully in the rapidly expanding financial services industry


Excellent career potential and the opportunity to take a Business Innovation Project, enhancing your practical skills and experience


Choose to take a one to three-month Assessed Internship with an employer, supported by Salford Business School

Course Summary

This course offers you an exciting opportunity to join one of the world’s most dynamic growth sectors, with relevance to areas including property, transport, shipping insurance, credit cards, wealth management and home and commercial mortgages.

The fast-paced subject of financial services management also offers significant opportunities in banking and finance as these arenas have recognised the need to re-think their strategies. The chance to develop long and profitable client and customer relationships is open to firms which are thinking and acting strategically, by embracing new approaches, working creatively and innovating to effectively manage costs and improve the understanding of individual customer’s needs.

You may also choose to take advantage a blended distance learning opportunity, available through our official partner - Robert Kennedy College - in Zurich, Switzerland.

Course Details

The programme is block delivered and there are six entry points per year. Students will take the modules below in a sequence dependent on their start date.

This course will provide you with the appropriate advanced-level skills and knowledge you need to contribute to the growing and sophisticated international banking and finance industries.

On completion you will be able to place yourself favourably in a managerial or consulting role. You will be equipped with the skills and understanding necessary to effectively and efficiently perform tasks relevant to your organisation. You'll learn to develop your ability to work effectively in teams and independently, to evaluate critically, think creatively and communicate effectively with respect to issues in the industry; and to recognise good practice in the analysis, planning and management of international banking and finance products and services. You'll also develop an advanced level of understanding of research methods and their application to a wide range of international banking and finance problems.


You will examine exchange, inflation, interest rates and other factors which impact on the performance of firms and assess the significance of decision-making in a global context. You will also evaluate the principles and practices that guide the financial management of multinational enterprise. This module also places an emphasis on the differences between multinational and domestic financial management.
You will develop a comprehensive understanding of the principles of financial management within organisations including the interpretation of accounts, corporate governance, investment strategies and issues of risk and return.


You will learn how to employ critical thinking and review to domestic and international regulatory frameworks for financial and non-financial companies. You will also develop an understanding of the economics of regulation and the problems of compliance.
This module will strengthen your understanding of the role and processes of marketing in organisations, and places a particular emphasis on the service sector. You will learn about and develop skills applicable to managing quality and a wide-ranging analysis of the issues involved in managing strategic marketing and management functions in a service context.


Business Innovation Project (BIP)

Flexible final study options

Salford Business School has one of the most flexible suites of postgraduate taught programmes in the UK.

For the final third of your studies you can choose from 4 differing pathways, all of which are designed to accommodate your career aspirations and enhance your professional practice:

  • Dissertation – traditional 3 month research pathway.
  • Live Project – 3 month group project activity researching a commercial project.
  • Internship – 3 month opportunity to develop your skills working in partnership with an organisation.
  • Placement – 6 month paid work experience implementing a commercial project.
This traditional route involves a substantive piece of research, which can examine contemporary or historical challenges in business, economic or management contexts.

The dissertation can be undertaken within a company, a sponsoring organisation, or investigate an area which is of interest to you.  Study is undertaken in the UK, or sometimes overseas – some international students may possibly return to their country to work on an industrial research project.

  • 3 month research project culminating in a 12-15,000 word dissertation
  • Topics can be undertaken in a number of areas:
    • personal interest in a topic area which supports your career aspirations.
    • an academic’s research area which explores challenging developments in the supervisor’s  area of expertise.
    • in partnership with a company or sponsoring company.
    • an entrepreneurial opportunity, particularly suitable if you wish to research your own  business opportunity.
This is a group project (teams of 2 to 5 students) examining an organisational problem or opportunity. Students work on sizeable commercial projects, which are broken down by the team.  Live projects reflect commercial realities of delivering complex commercial projects through the combined efforts of a committed team.
  • 3 month commercial research project.
  • Group presentation and executive report, coupled with an individual 8-10,000 word report.
This involves working on a company project. The majority of internships are voluntary positions, which support work experience with a company in a particular sector. A number of projects exist for suitable students, in many cases students are supported in finding and securing internships with the support of the School’s Employability Hub.
  • 1 to 3 month commercial project, undertaken full or part-time with the host company.
  • Internships are often voluntary positions providing interesting project experience, some positions are paid – potentially up to 86 UNITE Projects are available in 2013-14.
  • 30-40 minute commercial presentation and 10,000 word professional dissertation.
Placements are paid positions working on implementing a commercial project. Placements provide valuable experience for student to demonstrate their commercial capabilities. Placements are limited and are competitive.
  • 4 to 6 month work based project undertaken at the organisations premises.
  • Assessment consist portfolio of work, visitor assessment, presentation and interim report, culminating in a work related dissertation of 10,000 words.
  • Placements can be undertaken in the UK or overseas.
  • Students can undertake placements with their sponsor or employing organisation.
  • For international students placements are 6 months maximum due to visa restrictions.
  • For home/EU students, placements can possibly be extended to 12 months.
  • The salary range for placements range from £14,320 to £25,000 pro rata – the average is £19,555 pro rata.

Part-time study

If you are on the part-time course, you will be able to register for individual modules as part of CPD. The following example shows how the course could be taken on a part-time basis over two years:  

Year 1 - Semester 1
Accounting and Finance

Semester 2
Risk, Regulation and Compliance

Semester 3
International Financial Management  

Year 2 – Semester 1
Marketing and Service Management

Semesters 2 & 3
Business Innovation Project

Entry Requirements

Normally a minimum 2:2 honours degree or equivalent or successful completion of the Graduate Certificate International Management.  

A wide range of professional qualifications are also accepted either in partial or complete fulfilment of entry requirements.  

Where a student has gained a recognised Honours degree but does not meet the normal entry qualification requirement, they may still be considered for entry if they can demonstrate relevant work experience of a minimum two years duration post study and acceptable level of responsibility.   

Accreditation for Prior Experiential Learning (APEL)

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.

Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL). 

English Language Requirements

Normally IELTS 6.5 with no individual element below 5.5, or equivalent recognised Secure English Language Test, (SELT).

If the English language qualification is slightly below this level candidates may be able to take one of the many English courses available in the University. For further information search for English on Course Finder.

Suitable For

This course is ideal if you are looking to build a career in the banking, insurance or mortgage industries, or want to pursue one of many other opportunities that exist in this popular and diverse commercial sector. The financial services sector is the UK's largest employer with over one million people working across a variety of industries.

Applicant profile

This course offers excellent scope for aspiring and existing managers who want to improve their career development opportunities and employability prospects for a rewarding career in banking and finance. If you want to progress into a senior position in the public, private or third sectors this course will offer you the chance to gain skills which are highly sought by employers across a wide variety of organisations.


The course is delivered in four blocks of three-day intensive study periods, followed by independent study and online support through the University’s virtual learning environment, Blackboard. Each module is taken and assessed over a six week block.

Teaching is delivered through a combination of lectures, seminars and tutorials, using a wide range of learning activities.


Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.

Postgraduate Staff Profile

Dr Eileen Roddy

Eileen is a professional trainer and qualified lecturer in accounting and strategic management. Eileen has been the Head of Partnerships and Registrations for the Chartered Institute of Management Accountants. Prior to this she had managed the international business interface between a large HE business school and its partners, and was a principle lecturer. Her recent research interests include investigation into the alignment of global strategy and control towards the optimisation of performance.


In addition to a highly regarded formal qualification, you’ll gain personal and organisational management skills that will enhance your career prospects. Recent Salford Business School graduates have gained employment with organisations including Ernst & Young, British Airways, BMW, the NHS, BUPA and KPMG.

Graduates have found opportunities in a wide range of industries ranging from banking to working for airlines, national/local government, the insurance industry and client relationship management. The knowledge and skill sets on the course provide a wealth of opportunities for ambitious individuals.

Career Prospects

This course will provide you with flexible employment opportunities leading to potential roles with a variety of management-level national and international sectors.

Recent Salford Business School graduates have gained employment with leading companies including:

  • Ernst & Young
  • Dixons Group plc
  • British Airways
  • Cooperative Insurance Services
  • BMW
  • American Express
  • BBC
  • Citibank
  • Ladbrokes
  • Numberica
  • Office of the Legal Services Ombudsman
  • KPMG
  • PricewaterhouseCoopers
  • Premier Travel Inn
  • BUPA
  • Thomson Holidays
  • BT
  • DTS Logistics
  • Greater Manchester Police
  • The NHS

Alumni Profile

"Overall my experience has been excellent. The course was exactly what I was looking for, combining both technical modules like financial decision making and other more management focused modules looking at the latest trends in banking and financial services.

There was a good combination of helpful and knowledgeable teaching staff and an excellent support infrastructure, including the library with its extensive online resources necessary for carrying out research. I enjoyed studying with people from varied cultures and backgrounds, and especially liked studying with a relatively small group of students. Due to this fact we all were able to get good personal support, advice and close attention from our tutors.

The friendly atmosphere at the University and within the Business School is very helpful to your studies. Fellow students were also very helpful and supportive to each other; I really enjoyed this aspect very much. I made lots of friends during my time at the University."

Olga Ivannikova, MSc Financial Services Management (2008)

Links with Industry

Our course team maintains excellent relations with local, national and international organisations, commentators and employers.

Our teaching is industry-led, inspired by contemporary practice and developed in partnership with business leaders. Our academics are experts in their field and work closely with industry to ensure that our courses reflect the needs of business and provide our students with that extra edge when it comes to securing a job.

Our part-time students are drawn from a wide range of public, private and third sector organisations, allowing you to enjoy highly valuable networking opportunities.

Salford Business School also operates a guest lecture course which allows you the chance to mix with professionals from industry, make connections, set up placements and conduct research.

Further Study

Research in Salford Business School is coordinated by Professor Jim Yip, Pro-Vice Chancellor (Research & Innovation). More information and contact details:  

For those who wish to go further academically, a range of research PhD opportunities in all areas of finance and management are available, offering you the opportunity to concentrate on any specialism requiring an in-depth understanding of corporate finance.

Fees and Funding

Fees 2016-17

Type of StudyFee
Part-time£1,250 per 30 credits
Full-time International£13,300, part-time £2,217 per 30 credits
Full-time PgDip£5,000
Full-time PgCert£2,500

Additional costs

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.

Scholarships and Bursaries

We offer awards to help you study through our:

  • Vice-Chancellor's Excellence Scholarship
  • University of Salford student loyalty discount
  • Country bursary scheme for International students only

There are also other sources of funding available to you.

For more information please see our funding section


Salford Business School is located at the heart of the University’s Peel campus in the newly refurbished Lady Hale Building, and the Chapman Building, offering state-of-the-art facilities for the Business School’s student learning community and just minutes from Manchester city centre. Chapman is a stylish modern space with six lecture theatres equipped with the very latest technology and large screen displays, a series of communal learning and breakout spaces, plus a Fairtrade café with panoramic views across the campus. Lady Hale is the home to all dedicated business school student support including the school office, an employability hub, a base for the Business School society, and several open study spaces. MediaCityUK is a vibrant place in which to live, work, socialise and study. Home to major BBC and ITV departments, the University of Salford and over 80 businesses across the creative and digital sectors, MediaCityUK is recognised as one of the most innovative developments in Britain.