Master’s in Financial Management
Informative Session Master’s in Financial Management +info 24.05.2012
Informative Session Master’s in Financial Management +info 31.05.2012
Informative Session Master’s in Financial Management +info 06.06.2012
Informative Session Master’s in Financial Management +info 14.06.2012
Informative Session Master’s in Financial Management +info 20.06.2012
Informative Session Master’s in Financial Management +info 05.07.2012
Informative Session Master’s in Financial Management +info 12.07.2012
Informative Session Master’s in Financial Management +info 19.07.2012
Informative Session Master’s in Financial Management +info 24.07.2012
Informative Session Master’s in Financial Management +info 30.05.2012
Informative Session Master’s in Financial Management +info
General Description
ESIC, selected by the Financial Times, as one of the 4 best schools in Spain to study a Master’s Degree in finance.
The Master’s in Financial Management from ESIC offers you the necessary specialisation to become an expert in business finance.
Through broad, intense and practical training we promote the development of managerial abilities in all students on the programme.
A programme based on practical study of the most current methods that are used during decision-making in international financial environments and that offer the possibility to specialise and obtain more professional experience through our collaboration agreements with companies such as Bankinter, BBVA, La Caixa, Cajamadrid, Cajamar and Grupo Santander.
This Master’s programme integrates financial functions with the broadest framework of business strategy, linking finance to operational decisions:
- It details the functions and key techniques in finance, as well as their common nature and essence within any type of organisation.
- It adds the relevant parameters of this environment and the growing interaction between the different markets.
- It is based on a balance between knowledge and experience.
- The faculty of teachers is made up of a team that combines management with teaching.
A training programme of prestigious recognition that gives students the capacity to organise and coordinate operational and financial actions, breaking them down into adequate functions and processes.
Student Profile
The Master’s in Financial Management is conceived as a specialisation programme for:
- Professionals in the area of finance who want to update their knowledge.
- Advisors and consultants who want to make an intense and systematic review of their financial management.
- Graduates who want to specialise in finance, treasury management, management control, information, accounting or administration systems.
Methodology
The methodology that is applied on this Master’s boosts the development of your technical and managerial capabilities.
You will be able to perfect your knowledge and skills in financial management, combining presentations about concepts and techniques with the study and debate of practical cases that reflect business situations in an international environment.
The course also includes the use of a Strategic and Financial Management Simulator, in a dynamic, competitive and international context.
As a student on this course you will integrate into work teams that simulate Management Committees, enabling you to lead your company in competition with the rest, through decision-making about the joining of management areas with a special emphasis on finance.
This management simulator allows you to act as an authentic manager, planning, managing and controlling the rate of your virtual companies.
During all sessions:
- Specific IT models are used for financial management.
- Creativity techniques, problem analysis and role-playing are adopted in order to stimulate participation.
- Direct interaction between teachers and students is encouraged by means of modern communication technology.
Students are assessed throughout the course of the programme in order to ensure the assimilation of all contents. Students will have to pass ten individual evaluations and the final project (the real business project), which will count for 30% of their final mark.
Programme
This module gathers all the basic common tools that a financier uses on a daily basis. It also blends concepts and terminology amongst students so they can benefit from the previous sessions. The subjects in this module include:
- Objectives and responsibility of finance.
- Accounting information system.
- Cost analysis system.
- Economic-financial diagnostics.
- Mathematics for financial management.
- Relevant parameters in the economic environment.
- The impact of the tax context.
- Audit.
An analysis of short-term financial resources from an operational management perspective is dealt with in this module. The module starts with the strategic review of the management of the liquidity of the company, from the amount of receipts and payments made. For this, contrasting diagnostic instruments are used, such as financial ratios and a Statement of Cash Flows. However, the working capital model and its relationship with the company’s working capital requirements will be studied on a more profound level for being the most powerful tool to efficiently manage operating funds. The rest of module reviews, in keeping with the framework of this model, each of the management parameters that directly or indirectly influence the liquidity of the company, such as the following:
- Purchase management and negotiation with suppliers.
- Stock management.
- Credit and customer charging policies.
- Treasury management.
- Short-term financial banking instruments.
- Calculation of the effective cost of financial operations.
Investments set strategies so that their rigorous analysis and management act as a guarantee of growth and survival of the company. The objective of this module is to present the current economic and financial criteria in order to evaluate investment projects and link them with the strategic requirements
- Organisation and control of the investment function.
- Economic and financial evaluation criteria.
- Risk and inflation treatment.
- Investment project financing.
- Strategic evaluation of investments.
The management of long-term funds analyses the financial structure of the company; this refers to the most adequate relationship between debt financing and equity. The criteria governing this decision intend to balance the resulting debt profitability with the risks in the debt service. This Module explores the following topics:
- Financial sources of Spanish companies.
- The capital cost of the company.
- Criteria to define the financial structure and the dividend policy.
- Leasing, renting, factoring and confirming financing.
This international module is broken down into three distinct parts:
- Firstly, the function of the international financial market is described, with a special emphasis on the interbank and foreign exchange markets, this being where the interest and exchange rate of each currency is set, highlighting two relevant financial factors within international operations.
- The next section deals with the identification, evaluation and management of financial risks resulting from normal fluctuations in interest rates and currency exchange that are denominated in different transactions. It also reviews the major classical instruments hedging these risks, such as FRAs, insurance exchange, the future and financial options.
- After reviewing the market and risks, we address the analysis of the most important operations in international finance, and in particular the financing of exports and imports. The module concludes with a detailed account of the different payment methods that are used internationally, where the documentary credit is extremely important.
This Module deals with the study of management control, which is understood as the set of actions needed to achieve the objectives of a company. It begins with the design criteria and formulation of a long-term financial plan, as part of the chosen strategy, and is specified for each year in the operational and financial budget. As a basic tool, the concept of a Balanced Scorecard is used, which allows a rigorous formulation of the strategy through the planning and control of key successful factors, linking both to the short-term plan. The topics covered in this module are:
- The strategy and financial plan
- Strategy control: control panel
- Operational and financial budgets
- Budget control
- Business management control
- Internal control criteria
This part of the course includes the most important techniques related to the company's financial strategy. Its objective is to set the long-term implications of the company's operational performance. The issues addressed are:
- Strategic financial dimension.
- Financial implication of operational activities.
- Company assessment.
- Value creation for shareholders.
Students on this Master's are organised into teams, each of which represents the Management Committee of a company that competes with others in the production and distribution of the same product in domestic and international markets. Each team must lead their company with the objective of creating economic value. To do this, they must make decisions about the various areas of management, which are evaluated by a computer model that represents the behaviour of the sector of activity in which all teams compete. This is a comprehensive exercise because it covers the entire company and their relationship with the environment they are in. It is dynamic because successive and interrelated decisions are made, so that students have the opportunity to learn and improve their management skills. It is competitive because the results of the decision of each team also depend on the decision made by the competitors.
The simulator is participatory because students work in teams to imitate the Management Committee of a company. It offers an excellent experience to practice, virtually, the work that the management of any medium sized company develops. Teamwork, personal contribution, a strategic approach and mastery of analysis techniques are the keys to success.
Professional Careers
As soon as you have finished your postgraduate training, we help you start your professional career by offering you professional guidance. More than 3.500 job offers can be found using our Careers Department.
We also offer courses, seminars, conferences, round table discussions and presentations from companies that will help improve your professional growth and incorporation into the working world.
International Options
During the course of your studies at ESIC you will be able to develop broad and intense international activity, which is present during international congresses, multicultural events, exchanges of teaching staff and our traditional Summer Courses.
In addition, we havean International Advice Service for Students(SAIE).This is a specialised consultancy and advice department that helps students gather together all the documents that are necessary to study at theinternational universities that have training agreements with ESIC. We provide support for both Undergraduate and Master’s students.
When using this transversal service, an International Student Advisor will be on hand to provide you with all of the necessary help and guidance relating to:
- Documentation: sending, submission andcorrect preparation.
- Organisation of Orientation Meetings: explaining the functions and specific processes of each school.
- Welcome Pack and Orientation Day: orientation and introduction days for foreign Undergraduate and Master’s students and groups that come to study specific subjects. These include guided tours and cultural activities in the city of Madrid.
- Housing Service: housing agreements and offers so that you can enjoy a comfortable stay while you study.
Furthermore, we have a specialised language department, ESIC Languages, where you will be able to prepare and acquire the necessary skills in order to pass the first official foreign language exams. These exams will open doors to the majority of the most prestigious international training institutions.
Institutional Relationships
At ESIC we work closely with institutions in order to promote cultural extensions favouring the European and international dimension of all of our teaching activities, studies and investigations.
We strive to offer high quality teaching that is constantly developing, dynamic, professional and technologically advanced and commits to students through innovation. We have links and collaboration agreements with a number of institutions and companies from different productive sectors. Similarly, we are linked to many other Spanish, European and American universities that share our unique objective: to provide excellence in student training.
Rey Juan Carlos, Madrid
Article 8 of Decree 100/1999, of the 12thof July, from the Regional Education and Cultural Ministry of Madrid, establishes the registration terms between ESIC Madrid and the University Rey Juan Carlos, Madrid.
Miguel Hernández de Elche
Decree 154/1999 of the 17th of September, from the Government of Valencia, establishes the registration terms between ESIC Valencia and the University Miguel Hernández, Elche.
We strive to improve your education 365 days a year, 24 hours a day.
Funding and Grants
The completion of this type of programme is an important investment.
At ESIC, we provide funding for students and candidates that meet the requirements of all of the grants programmes. Furthermore, we award grants from the Tripartite Foundation to company staff.
Postgraduate Area / Madrid
- Fourgrants.
- Two for the full time MBA programme.
- Two for the International MBA programme.
- 100% of the registration fees.
- Return ticket to the candidate’s home country.
- Medical Insurance for the duration of the programme.
- Funding of the rest of the programme through bank loans
- Citizens from South American countries are awarded based on their academic qualifications, professional careers and their adaptation to the programme.
- January to March on www.fundacioncarolina.es
- 15 grants that cover 25%of the total Master’s costfor South American students.
- Available on all Master’s programmesthat are taught on the Madrid campus.
- Students from South American countries that arenot residents in Spain.
- Students who have passed the admission process and are registered on the Master’s.
- Official reservation, aformal application must be made for every grant.
- Sending of the completed questionnaire.
- Copies of your last two wage slips or awork contract from the applicant or the person who will pay for the Master’s.
- If you are unemployed, copies of a proof of unemployment document.
- Student Record.
- Personal and academic merits.
- A need for financial help.
- The date on which the application is received will be taken into consideration.
- 15 grantstaking into consideration the date on which the application is received.
- Approximate period: from February 2011 until May 2011 (or until all 15 grants have been awarded).
- Funding that covers between 5% and 15% of the total cost of the Master’s. For all Master’s programmes that are taught on the Madrid campus
- Students who have passed the admission process and are registered on the Master’s.
- Official reservation, a formal application must be made for every grant.
- Sending of the completed questionnaire.
- Copies of your last two wage slips or a work contract from the applicant or the person who will pay for the Master’s.
- If you are unemployed, copies of a proof of unemployment document.
- Student Record.
- Personal and academic merits.
- A need for financial help.
- The date on which the application is received will be taken into consideration.
- De February 2009 to 15th July 2011. This period applies to both the Master’s that begin in September/October 2011 and thosein January 2011.
- The tuition discount is exempt from any grants or funding.
- Discounts cannot be combined with grants or funding.
- Three grants for the completion of Master’s in Marketing and Sales Management and a Master’s in Financial Management.
- Travel expenses grant of 500 Euros for the journey from the student’s home country to Madrid.
- Commitment from EXPIGA to provide maintenance payments.
- Aimed at students who come from countries or situations where educational opportunities of this type are limited.
- Individuals in social organisations that work towards peace and development of the more under developed towns.
- The Commission will study the candidate’s application and documentation in order to process the selection.
- Student will be informed of the final decision before 21nd June 2011
- Date, indicating the chosen Master’s.
- Current CV.
- Copy of your student record (transcript).
- Covering Letter.
- Letter signed by a staff member of responsible stature in social institutions.
- A guarantee letter from a member of staff of Expiga, if applicable (not mandatory).
- Proof of income sufficient to live in Madrid.
- Students who come from countries or situations where educational opportunities of this type are limited.
- Good student record.
- Those with an ability to learn and make the most of the course.
- Social leadership experience.
- Students who have participated in some volunteer/charity work.
- Individuals who wish to positively influence the development of their society.
- Starting 3th May 2011 ending 30st June 2011.
- Send applications to the following address:
ESIC (att. Departamento de Admisiones) Avda. Valdenigrales, s/n . 28223 Pozuelo de Alarcón (Madrid)
- Individual Training Permit that is compatible with ESIC Executive Programmes and Postgraduate Degrees.
- In-Company training.
- Companies that have offices in the country.
- Recipients of Social Security discounts.
- Companies that offer their employees training and pay contributions towards professional training.
- Companies of all sizes and in all locations.
Course prices and campuses
Price: 10.100,00 €
Price: 11.800,00 €
Price: 10.100,00 €
Price: 10.100,00 €
Price: 10.100,00 €
Price: 10.100,00 €
Price: 10.800,00 €
Programme Documentation
Brochure
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