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Master of Science:

in Finance

The Master's Degree in Finance at SUMMA University will enable you to specialise in the area of finance, allowing you to occupy positions of managerial responsibility. You will delve into the most current fields of knowledge in the sector, while consolidating and mastering the main financial concepts.

Semester Credit Hours

36 credits - hours

Estimated Completion Time

12 months
Master: Online



With this program, the student will become a specialist in the financial area, allowing him or her to assume responsibilities and have decision-making capacity within a Financial Department, as well as occupy other positions of managerial responsibility.

They will be able to manage and respond effectively to the challenges that arise in the day-to-day financial area of companies, through a very practical acquisition of knowledge.

The world of finance has traditionally been, is and will continue to be one of the sectors with the highest employability rates in the labour market. The financial area is essential in any type of institution.

In recent years, competition has increased in all sectors, not only due to the economic crisis but also due to the emergence of new business models, innovations and technological tools, which have also been transferred to the financial market, causing companies to demand trained professionals capable of facing these new challenges.

The student will complete the acquisition of knowledge thanks to immersion learning, through interaction with a optional powerful business management simulator.

  • Apply financial concepts and analytical tools in business decision making.
  • Evaluate accounting information for organizational decision-making.
  • Create a financial portfolio with projected returns and associated risks.
  • Evaluate the complexities of the financial ecosystem within the digital economy.
  • Design a digital transformation strategy for a business reflective of dynamic financial trends.
  • Develop a financial risk management strategy to support sound business growth in a changing global environment.

The learning methodology is based on the "case method", a virtual course with interactive screens, virtual lectures, videos of the teacher, virtual review sessions and interactive exercises.

You will have weekly work planning and the personalized monitoring of an academic mentor. The teaching staff is made up of PhDs from the world of business and academia.

The financial sector has traditionally been, is and will continue to be, one of the sectors with the highest employability rates in the labour market. Financial management is essential in any organization (public or private, national or international, etc.).

Some of the professional opportunities of this Master's Degree are:

  • Account Auditor
  • Financial Analyst
  • Financial Agent
  • Financial Consultant/Controller
  • Wealth Manager
  • Treasury Manager
  • Financial Risk Manager
  • Expert in International Banking
  • Investment Banking Manager
  • Commercial Banking Manager

  • You will learn with a unique methodology, adapted to your needs and highly flexible.
  • You will have at your disposal a multitude of audiovisual resources in the form of the professor's video and virtual whiteboard to facilitate the learning of the quantitative knowledge of your Master's degree.
  • You will work with real cases of successful companies, such as Repsol, Google, Minnesota Mining and Manufacturing (3M), Sanofi, Proelectric Corporation or Vueling.
  • You will consolidate all your knowledge through "immersion" learning with SUMMA University's Business Management Simulator.
  • You will have personalized monitoring by your academic mentor and the support of a teaching staff made up of top-level professional doctors.
  • You will be provided with content that is 100% up-to-date with the latest changes and trends in the sector.
  • You will acquire all the necessary knowledge to lead in the area of finance, allowing you to occupy positions of managerial responsibility.
  • The accounting profession is one of the professions with the greatest future prospects until 2024 according to the United States Department of Labor.

The objective of the course is to establish the mathematical knowledge and numerical skills necessary for a perfect handling of financial instruments both in the short and long term: Loans, Borrowings, FRA, Exchange Insurance and others.

Content:

  • The Basics: Financial Laws
  • Constant Financial Rents
  • Variable Financial Income
  • Loans
  • Introduction Borrowing
  • Forward Rate Agreement and Exchange Rate Insurance

The objective of the course is to show the structure and organization of the markets and institutions that make up the international financial system, to enter into the functions of central banks and the objectives of compliance with their corresponding monetary policies, as well as the study of the main indicators of the economic situation, very useful when preparing macroeconomic forecasts and understanding the functioning of the markets.

Content:

  • Introduction to the Financial System
  • Monetary policy
  • Macroeconomic Magnitudes and Short-Term Indicators

In this course the student will learn about the analysis of financial documents and their usefulness. You will learn what is active, passive, and capital and their respective differences. In addition, you will find out how a Trial Balance is prepared, its usefulness and need in the company. You will be exposed to the analysis of income accounts, expenses, reserve accounts, amortization and distribution of dividends, among others. Nonetheless, you will be learning the financial management of money inflows and outflows and the importance of providing reports on the fiscal health of the company through financial ratios and how important this is for the shareholders and managers of the company

Content:

  • Trial Balance.
  • The Profit and Loss Account.
  • Analysis of financial reports.

The course aims to deepen the knowledge of financial markets and the basic instruments common to any financial system: the most important concepts of the stock and stock market, the characteristics of public and private fixed income, how the foreign exchange market works and derivative products.

Content:

  • Introduction to Securities Markets
  • Stock Markets
  • Characteristics of Fixed Income and Government Debt Market
  • Private Fixed Income Markets
  • Introduction to Forex Markets
  • Introduction to Derivatives: Forwards and Futures
  • Options

The objective of this course is to provide a general idea of the field of economic-financial management and to provide the participant with sufficient criteria for decision-making in the financial area, both at an operational and strategic level.

Content:

  • Financial analysis through ratios
  • Financial Forecasting
  • Investment analysis.
  • Introduction to business valuation.
  • Business valuation models.
  • Consolidation.

The objective of the course is to provide concepts and approaches that help companies calculate, control and reduce their costs.

Content:

  • Costs: Concepts and Definitions
  • Cost Center: Cost Accumulation Systems
  • Costs per order
  • Costs per process
  • Cost-benefit and volume of activity relationships
  • Costs for decision-making
  • Budgets and variances

The aim is to give an eminently practical vision of the various techniques for managing companies' cash flows, as well as the new financial products that enable better risk control in companies. The operations of the treasury department in all its areas are studied, combining theoretical analysis with a constant use of real cases.

Content:

  • Introduction to Cash-Management. Functions of the treasury department. Cash as a profit center.
  • Cash flow management. Management of collections and payments.
  • National and international means of payment.
  • Financing instruments: Short-term and long-term.
  • Management of financial risks in the company.
  • Banking negotiation. Bank-company relationship.
  • Centralization of the treasury.

Know the different budgeting models due to the nature of the business, the tradition inherited from the past, the management computer tool available, the training and mentality of directors and managers, among other parameters.

Content:

  • The budget as a useful management tool.
  • Operating budget.
  • Investment Budget
  • Personnel Budget
  • Treasury Budget
  • Budgeting Process and Criteria

The purpose of this course is to show how the analysis of mergers and acquisitions processes is carried out in companies. To do this, it is necessary to study the entire process, from the motivations to its completion, including the valuation of the target company of the operation, continuing with the negotiation systems and the financing of the operation itself.

Content:

  • Introduction to Business Valuation
  • Basic Notions of Valuation
  • Optimal Capital Structure
  • Mergers and Securitizations
  • Venture Capital
  • Project Finance
  • Excel Tool

The overall objective of the Financial Innovation: Fintech and New Business Models course is to provide students with an in-depth understanding of emerging trends in the financial industry and how technology is transforming traditional business models. Through this course, students will gain knowledge about financial innovations, such as Fintech, and how they are redefining the way financial transactions are conducted and services are offered.

Content:

  • Financial Innovation.
  • Fintech and its Impact on the Financial Industry.
  • New Financial Business Models.
  • Disruptive Technologies in the Financial Industry.
  • Regulation and Challenges in Financial Innovation.
  • Strategies for Financial Innovation.

Budget control looks to the future, although it takes into account historical data, based on the achievements that are produced, managers are continually questioning their most realistic expectations in terms of meeting the goals set.

Content:

  • Management Control Systems and Instruments
  • Formal Management Control System
  • Management Control Processes
  • Performance Appraisal
  • Compensation Administration
  • Service Management / Multinationals / Projects

The Master's in Finance Final Project offers students the opportunity to apply their knowledge in a practical context through the demonstration of advanced analytical activities and contribute to the financial area through applied research. In this way, the student completes their financial study program in a comprehensive way, and applies the knowledge acquired throughout their training to solve a financial problem of a real situation.

Course Learning Objectives:

  • Apply and integrate theoretical and practical knowledge of the financial field acquired through relevant experiences.
  • Conduct critical and detailed research on a specific financial topic, based on properly referenced academic sources.
  • Apply financial tools to analyze the financial and economic situation related to the identified topic.
  • Analyze well-founded recommendations in order to find practical and strategic solutions to the identified issue.
  • Design and application of methodology to address the financial problem through financial modeling, risk assessment or data analysis.

Tuition: Depends on the program
Application fee $100
Books & materials: $0
Graduation fee: $100
Other costs: $0

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