MBA in Financial Management

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EUR 3,985.00
EUR 3,750.00

About this course

Aims of the Program

Finance is often referred to as the language of business. It allows various functions and processes within a company to communicate effectively and align with the organization's strategic objectives. Finance is the structural framework that enables companies to operate smoothly. Planning and decision-making within a financial context allow firms to maximize resource utilization and gain a competitive advantage. In response to the increasing demand for professional training in this dynamic and evolving field, ESADE has developed this advanced program. It provides a thorough exploration of the techniques and policies necessary to manage and plan a company's strategic future in an increasingly competitive, innovative, and international environment.

The program aims to:

  1. Offer a systematic approach to analyzing corporate operations, focusing on value creation from the perspective of Financial Management.
  2. Equip participants with a global vision to analyze financial statements, make informed investment decisions, understand business appraisal methodologies, and manage risks using derivatives.


Program Outcomes

The Intended Student Learning Outcomes for the program include:

  1. The ability to create well-supported solutions to business problems using relevant theories, concepts, and practices.
  2. Proficiency in analyzing complex data to inform business decisions.
  3. The ability to integrate knowledge of current business practices and managerial techniques to develop strategic plans.
  4. Effective communication of complex ideas, issues, and conclusions through both written and oral communication.
  5. The ability to analyze legal, economic, and ethical issues to propose socially responsible solutions in a global business context.
  6. Competence in distinguishing the leadership skills necessary to work effectively in teams.
  7. The ability to apply specialized knowledge to develop well-reasoned opinions on contemporary issues such as the need for innovation, integrity, and leadership in managing change.
  8. The capacity to conduct individual research in their chosen area of concentration.


Degree Awarded

Upon successful completion of the program and achievement of the required competencies, graduates will be awarded an MBA in Financial Management.


Employment Opportunities

Graduates of the MBA in Financial Management are well-prepared for careers in financial management, whether within small to medium enterprises (SMEs), multinational organizations, or consulting firms. Possible job titles include:

  • Financial Trainee
  • Financial Management Consultant
  • Financial Analyst
  • Business Consultant
  • Business Analyst
  • Business Trainee
  • Assistant Treasurer
  • Assistant Controller

While the program focuses on the financial side of management, it also provides a strong foundation for broader managerial roles.


Educational Objectives

The core objectives of this Master's program are summarized by the five A's of financial management: Attract, Allocate, Administer, Analyze, and Anticipate.

  1. Attract: Attracting capital involves critical decisions regarding financing sources. This program offers insights into the dynamics of international capital markets and how they can be leveraged to raise funds for ventures ranging from startups to multinational projects.
  2. Allocate: In today’s fast-paced business world, financial managers need a modern toolkit for making complex capital budgeting decisions. The program covers techniques for estimating cash flows, calculating costs of capital, and applying real options for handling uncertain investment decisions.
  3. Analyze: Financial managers must continuously analyze the company's performance in terms of profitability, liquidity, and solvency. This involves financial statement analysis and cost calculation, as well as managing risk exposures.
  4. Administer: A financial manager's administrative duties include collecting, registering, consolidating, and reporting financial data. Knowledge of financial accounting and expertise in treasury management are essential in this area.
  5. Anticipate: A key role of the CFO is to anticipate future events and cash flow streams. This includes cash planning, budgeting, investment planning, and risk assessment.


Educational Methods

The Faculty of Business and Economics at ESADE emphasizes modern teaching methods that complement traditional approaches, supporting educational objectives across various courses. While traditional class attendance is compulsory, a variety of teaching techniques are used, depending on the course and instructor. These include:

  • Practical exercises, IT-based activities, and group discussions to improve theoretical understanding and practical skills.
  • Group work allows students to explore case studies under instructor supervision, reinforcing practical knowledge.
  • Course projects where students apply learned techniques to solve specific problems and present their findings.
  • The use of contemporary resources such as Moodle (Modular Object-Oriented Dynamic Learning Environment), an online platform that facilitates course management and student engagement.


Features of Moodle include:

  • Assignment submission
  • Discussion forums
  • File downloads
  • Grading and instant messaging
  • Online calendar and news announcements
  • Quizzes and Wiki

The system enhances communication between students and instructors, enabling out-of-classroom learning, reducing paper waste, and promoting transparency.



Graduation Requirements

To graduate, students must complete all required courses, laboratory work, reports, and practical assignments, earning the required credit hours for graduation. A minimum CGPA of 3.00 and no grades below C are necessary for graduation. Diplomas are awarded by the University Senate upon recommendation from the faculty.


This comprehensive program prepares students for a successful career in financial management, equipping them with the skills and knowledge needed to excel in the business world.

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Course Overview
This compulsory course focuses on the application of economic principles, theories, and practices to key management decisions within organizations. It aims to enhance students' ability to apply both micro and macroeconomic reasoning in the context of business management. The course provides a strong theoretical foundation and practical tools for efficient management and strategic decision-making in firms. Students will also develop critical and analytical thinking skills to assess and make informed business decisions.


Course Objectives

  1. Increase students' understanding and application of economic concepts in business contexts.
  2. Introduce economic theories and tools that support effective firm management.
  3. Develop students’ skills for making strategic business decisions grounded in economic principles.
  4. Improve critical and analytical thinking regarding business strategies and economic challenges.


Learning Outcomes
By the end of this course, students should be able to:

  1. Demonstrate an intermediate understanding of consumer behaviour and market demand.
  2. Analyse different market structures and formulate competitive strategies.
  3. Evaluate the impact of government intervention on market dynamics and business operations.
  4. Assess the influence of macroeconomic factors on business strategies and societal outcomes.
  5. Apply economic reasoning to solve complex business challenges and improve decision-making processes.

Course Overview
This course equips students with essential financial skills and analytical techniques necessary for making informed financial decisions in a business context. It focuses on key financial concepts such as the time value of money, valuation of stocks and bonds, and the preparation and analysis of financial statements. Students will also learn to compute cash flows, make capital investment decisions, and evaluate investment projects effectively. Through practical applications and problem-solving, the course prepares students to handle financial challenges in organizational settings.


Learning Outcomes
Upon successful completion of the course, students will be able to:

  1. Develop and interpret financial statements to assess organizational performance.
  2. Apply the time value of money concept to calculate present and future cash flows, stock values, and bond prices.
  3. Enhance skills in computing cash flows and making sound capital investment decisions.
  4. Analyse financial statements to evaluate the viability of investment projects.
  5. Make informed and strategic financial decisions to support business growth and sustainability.

Course Overview
This course prepares participants to apply marketing concepts and techniques, equipping them for the responsibilities of a marketing manager. It focuses on strategy development, evaluation, and implementation across diverse business environments. Students will gain practical skills in market research, brand management, customer relationship management, and the integration of digital marketing tools. The course emphasizes both theoretical frameworks and real-world applications, enabling participants to develop and execute effective marketing strategies.


Course Objectives

  1. Equip students with the knowledge to design and implement marketing strategies in various business contexts.
  2. Train students in market research and trend analysis for data-driven decision-making.
  3. Develop expertise in brand positioning, equity management, and global brand strategies.
  4. Provide insights into effective customer relationship management (CRM) techniques.
  5. Integrate modern digital marketing tools into strategic planning.


Learning Outcomes
By the end of this course, students will be able to:

  1. Design comprehensive marketing strategies using segmentation, targeting, and positioning frameworks.
  2. Conduct market research and analyse trends to support strategic decision-making.
  3. Manage brand positioning, equity, and develop global branding strategies.
  4. Implement effective customer relationship management (CRM) initiatives.
  5. Integrate digital marketing tools such as social media and content marketing into broader marketing strategies.

Course Overview
This course enhances students’ understanding of the role and significance of research in business and management. It equips students with the skills to design and execute their own research projects, providing a solid foundation in research methodologies, data collection, and analysis techniques. The course emphasises practical applications, including the use of research tools and ethical considerations in conducting studies.


Course Objectives

  1. Strengthen students’ knowledge of research perspectives and methods in business and management.
  2. Guide students through the research process, from problem selection to data analysis.
  3. Equip students with the ability to develop comprehensive research proposals.
  4. Train students to utilise research tools like Endnote, SPSS, or Atlas.ti for data collection and analysis.
  5. Emphasise the importance of ethical practices in conducting research.


Learning Outcomes
By the end of the course, students will be able to:

  1. Understand and apply various perspectives and methods in business and management research.
  2. Explain and implement the research process, including hypothesis formulation, design, sampling, and data analysis.
  3. Develop and present comprehensive research proposals.
  4. Formulate research questions, conduct literature reviews, and utilise tools like Endnote, SPSS, or Atlas.ti effectively.
  5. Create research tools, such as questionnaires and interview schedules, tailored to specific study objectives.

Course Overview
This course introduces the foundational concepts, paradigms, and limitations of organizational theories, equipping students with the knowledge and skills needed to understand, design, and manage organizations. It examines both macro-level aspects, such as structures, technology, and external environments, and internal processes like culture, decision-making, and conflict management. Through lectures, readings, discussions, case studies, and research projects, students develop a comprehensive understanding of organizational dynamics and their practical implications in various sectors.


Course Objectives

  1. Introduce students to foundational concepts and paradigms in organizational theories.
  2. Provide tools to understand and analyze organizational structures and processes.
  3. Explore the impact of environmental and technological factors on organizations.
  4. Examine internal dynamics, such as culture, leadership, and decision-making.
  5. Foster critical thinking through case studies and research projects.


Learning Outcomes
By the end of the course, students will be able to:

  1. Understand what organizations are, how they are constructed, and how they function.
  2. Analyze public sector organizations and evaluate the impact of environmental factors on their performance.
  3. Grasp and critically assess key organizational theories and related research.
  4. Apply concepts such as leadership, culture, structure, bureaucracy, motivation, and performance to organizational challenges.
  5. Examine and navigate complex systems within organizational contexts.

Course Overview
This course provides students with a comprehensive understanding of the legal framework governing various aspects of business operations. It focuses on the legal environment in which businesses operate, addressing key topics such as legal principles, business regulations, compliance, ethics, risk management, contractual relationships, and government regulations. Through case studies and practical examples, students gain the ability to navigate complex legal issues and ensure business operations align with legal standards.


Course Objectives

  1. Develop a solid understanding of legal principles relevant to business operations.
  2. Explore the regulatory frameworks that impact business decisions and practices.
  3. Provide tools for identifying and managing legal risks in organizational contexts.
  4. Foster critical thinking skills to solve complex legal challenges.
  5. Highlight the importance of ethics and compliance in managing legal responsibilities.


Learning Outcomes
By the end of this course, students will be able to:

  1. Demonstrate advanced knowledge of legal principles applicable to business operations.
  2. Analyze regulatory frameworks and evaluate their implications for businesses.
  3. Identify and assess legal risks to ensure sound decision-making in business operations.
  4. Apply critical thinking to analyze and solve complex legal issues within the business environment.
  5. Integrate ethical considerations into compliance and risk management strategies.

Course Overview
This course introduces students to international business theories and their practical implementation at the graduate level. It covers essential topics, including regional and global strategies, multinational enterprises, international politics and culture, international trade, foreign direct investments, and international financial markets. Through case studies and analytical frameworks, students will gain a comprehensive understanding of the global business system, its evolution, and the interconnected factors shaping international commerce.


Course Objectives

  1. Introduce foundational theories and strategies of international business.
  2. Explore the roles of multinational enterprises in regional and global markets.
  3. Examine the impact of international politics, culture, and economics on business decisions.
  4. Provide insights into international trade, foreign investments, and financial markets.
  5. Highlight ethical considerations, sustainability, and governance in global business practices.


Learning Outcomes
By the end of this course, students will be able to:

  1. Understand the complexities of the global business environment.
  2. Identify and evaluate cross-cultural business dynamics and their implications.
  3. Gain insights into the economic development of nations and their role in global trade.
  4. Interpret and apply key theories of international trade and foreign investments.
  5. Understand the political economy of international trade and its influence on business strategies.

Course Overview
This course introduces students to the fundamental tools of managerial accounting, including the balance sheet, income statement, worksheets, and journal & ledger accounts. It explores how accounting concepts and practices can be applied to support effective business decision-making. Additionally, the course highlights the types of financial information managers need, how to obtain it, and its application in essential management functions. Students will gain insights into the principles of international financial management and techniques for managing financial challenges in a global context.


Course Objectives

  1. Introduce students to the basic tools and concepts of managerial accounting.
  2. Demonstrate how accounting principles are applied to enhance business decisions.
  3. Highlight the role of financial information in supporting management functions.
  4. Provide an understanding of international financial management in a globalized economy.
  5. Equip students with techniques to analyze and manage financial risks, including forex risks.


Learning Outcomes
By the end of this course, students should be able to:

  1. Understand the objectives and scope of international financial management in a global context.
  2. Analyze and interpret balance sheets, income statements, and journal & ledger accounts for decision-making.
  3. Evaluate and manage Balance of Payments (BOP) issues effectively.
  4. Analyze parity conditions in international finance and their implications for businesses.
  5. Manage various types of forex risks from the perspective of multinational or transnational companies.

Chapter Highlights

  • Exploration of global education systems and their structures.
  • Analysis of educational policies across diverse regions.
  • Examination of cross-cultural perspectives in education.


Description
This chapter provides an in-depth understanding of international educational practices, policies, and trends. It explores how these practices can be adapted and applied in local contexts to enhance educational outcomes. By examining cross-cultural perspectives, students gain valuable insights into the influence of globalisation on education and the importance of cultural diversity in shaping educational systems.

Module Overview
This module examines the economic aspects of environmental issues and policies, focusing on the tools and strategies needed to address global environmental challenges. Topics include market failure, externalities, and environmental valuation techniques. Students will explore approaches to climate change mitigation, sustainable resource management, and pollution control, emphasising regulatory and market-based instruments such as carbon pricing and cap-and-trade systems. Real-world case studies, including global environmental agreements and the economics of renewable energy, provide practical insights into environmental decision-making.


Learning Outcomes
Upon completing the module, students will be able to:

  1. Understand the economic principles underlying environmental issues and policies.
  2. Analyse market failures and externalities in the context of environmental challenges.
  3. Evaluate environmental valuation techniques for assessing resource and ecosystem services.
  4. Develop strategies for climate change mitigation and sustainable resource management.
  5. Assess the effectiveness of regulatory and market-based instruments in controlling pollution.

Course Description
This course provides students with the skills to interpret and analyse financial statements within the context of insurance companies. It focuses on key measures such as profitability, liquidity, and solvency, enabling students to assess the financial health and performance of insurance organisations. Through practical applications and case studies, students gain insights into the unique financial dynamics of the insurance industry.


Learning Outcomes
Upon completing this course, students will be able to:

  1. Interpret and analyse financial statements specific to insurance companies.
  2. Assess profitability, liquidity, and solvency using financial ratios.
  3. Evaluate financial performance to identify strengths, weaknesses, and risks.
  4. Make data-driven decisions based on financial analysis in the insurance context.
  5. Understand the regulatory and financial reporting requirements unique to the insurance industry.

Course Description
The capstone project serves as the culmination of the programme, allowing students to apply their knowledge and skills to address a real-world business problem. Students will undertake independent research, analyse data, and propose actionable, innovative solutions tailored to their area of specialisation. The project fosters critical thinking, problem-solving, and professional communication skills, preparing students for leadership roles in their respective fields.


Learning Outcomes
Upon completing this course, students will be able to:

      • Conduct independent, in-depth research on complex business challenges.
      • Analyse data using appropriate methodologies to derive actionable insights.
      • Develop and propose innovative, evidence-based solutions to organisational problems.
      • Present research findings and recommendations effectively to diverse stakeholders.
      • Demonstrate integration of theoretical knowledge and practical application in their area of specialisation.
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