Introduction

Finance and German at Aberdeen brings the strong competitive advantage of a major European language and culture to your powerful understanding of the principles of finance and wider business skills. You will be an extremely sought-after graduate across industry, public and other sectors, with opportunities expected to grow further with growing internationalisation and innovations in the financial world.

This programme is studied on campus.

In Finance, you will explore financial management, corporate and personal finance, financial institutions, derivatives and the stock market. You will analyse and evaluate financial problems and gain the practical skills to understand and use information from financial newspapers and documents.

Your knowledge will grow in the dynamic, international environment of our Business School of 45 nationalities, inspired by staff who are leaders in business practice and theory, in small classes with real-life scenarios, the input of employers and the support of dedicated careers advisers.

You will also benefit from professional training facilities, such as our virtual Thomson Reuters Eikon trading floor, used by major financial services companies across the world and integrating real activity in financial markets directly into students’ courses.

German at Aberdeen has an outstanding reputation with the highest possible rating of ‘Excellent’ in the last national Teaching Quality Assessment. You will gain a broad understanding of Germany’s complex history and culture in today’s German-speaking countries and enjoy many opportunities to practise your developing language skills informally including our German Society and Drama Group.

As an integral part of your 5-year programme, you will spend the whole of year three taking your language and cultural skills to a very high level as a teaching assistant or visiting student in Germany or Austria.

You will have many advantages to offer employers operating in multinational companies in Europe, and also the European Commission, in addition to other international organisations.

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Key Programme Information

At a Glance

Learning Mode
On Campus Learning
Degree Qualification
MA
Duration
60 months
Study Mode
Full Time
Start Month
September
UCAS Code
NR32

What You'll Study

Year 1

Year 1

Compulsory Courses

Academic Writing for Business (AW1003)

This compulsory evaluation is designed to find out if your academic writing is of a sufficient standard to enable you to succeed at university and, if you need it, to provide support to improve. It is completed on-line via MyAberdeen with clear instructions to guide you through it. If you pass the evaluation at the first assessment it will not take much of your time. If you do not, you will be provided with resources to help you improve. This evaluation does not carry credits but if you do not complete it this will be recorded on your degree transcript.

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Professional Skills Part 1 (PD1001)

This course, which is prescribed for level 1 students and optional for level 2 students, is studied entirely online and covers topics relating to careers and employability, equality and diversity and health, safety and wellbeing. During the course you will learn about the Aberdeen Graduate Attributes, how they are relevant to you and the opportunities available to develop your skills and attributes alongside your University studies. You will also gain an understanding of equality and diversity and health, safety and wellbeing issues. Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’ (non-completion will be recorded as ‘Not Achieved’). The course takes approximately 3 hours to complete and can be taken in one sitting, or spread across a number of weeks and it will be available to you throughout the academic year.This course, which is prescribed for level 1 students and optional for level 2 students and above, is studied entirely online and covers topics relating to careers and employability, equality and diversity and health, safety and wellbeing. During the course you will learn about the Aberdeen Graduate Attributes, how they are relevant to you and the opportunities available to develop your skills and attributes alongside your University studies. You will also gain an understanding of equality and diversity and health, safety and wellbeing issues. Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’ (non-completion will be recorded as ‘Not Achieved’). The course takes approximately 3 hours to complete and can be taken in one sitting, or spread across a number of weeks and it will be available to you throughout the academic year

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The Economics of Business and Society (EC1006) - 15 Credit Points

This course is an introductory course in microeconomics where we study the decision making of individual actors (consumers, employees, firms, governments, etc.) in an economy. Actors must make decisions about behaviours because they face scarce resources, but often they find that trading with other actors in markets can increase the wellbeing of all parties. This course models and examines the nature of these interactions, highlighting when they work well and when they fail to increase wellbeing and what might be the solution to these failures.

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Finance 1: Finance, Risk and Investment (FI1004) - 15 Credit Points

This foundation course in finance, risk and investment is the requisite for several degree programmes and for level 2 real estate and finance courses. The module considers the nature and operation of investment markets, focusing on three asset classes; shares, bonds and real estate. It looks at the characteristics of these investment options in terms of their risks and returns. The module introduces basic financial mathematics: time value of money, calculation of present values and investment rates of return. Finally, it considers the role of financial institutions and regulatory bodies in personal finance, where consumers and financial markets interact.

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Accounting and Entrepreneurship (AC1515) - 15 Credit Points

This is an introduction to accounting which aims to provide an understanding of how organisations – particularly small and medium sized businesses – capture, create and use accounting information both to guide their activities internally within the management function and to communicate their financial performance and position to external users of the accounts. This course allows students to develop practical and analytical skills through a problem-solving approach to accounting-related aspects of business performance reporting and control, particularly in relation to bookkeeping, accounts preparation, budgeting and management accounting.

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The Global Economy (EC1506) - 15 Credit Points

This course is an introductory course in macroeconomics where we study the behaviour of the economy as a whole. Whereas microeconomics focuses on individual markets, macroeconomics addresses the “big issues” such as unemployment, inflation, economic growth, and financial crises. Macroeconomics is a lively subject, full of discussion and debate, as economists and policymakers take different views on macroeconomic issues, their causes and appropriate policy responses. Issues such as: Is the economy growing? What causes unemployment and how can we reduce it? How can we avoid recessions? When is inflation a problem? Are banks lending too much?

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Optional Courses

Beginner

  • German for Beginners 1 (GM1054)
  • German for Beginners 2 (GM1554)
  • Background to German Beginners 2 (GM1549)
  • Select further credit points from courses of choice to reach 120 credit points

Advanced

  • German Language 1 (GM1050)
  • German Language 2 (GM1550)
  • Modern German Culture 1 (GM1052) AND/OR Modern German Culture 2 (GM1556)
  • Select further credit points from courses of choice to reach 120 credit points
German for Beginners 1 (GM1054) - 15 Credit Points

This language course provides students with a sound foundation in German (grammar and vocabulary). It enables students to understand the gist of authentic written and spoken German and to speak and write about familiar topics with a degree of accuracy and fluency.

No previous knowledge of German is required, but this course is also for students which took German at school before, on any level lower than Higher or A-level.

With 3 Language Classes and 1 Language Practical per week this course encourages and supports students to develop their personal self-study strategies.

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German for Beginners 2 (GM1554) - 15 Credit Points

This language course provides students with a sound foundation in German (grammar and vocabulary). It enables students to understand the gist of authentic written and spoken German and to speak and write about familiar topics with a degree of accuracy and fluency.

No previous knowledge of German is required, but this course is also for students which took German at school before, on any level lower than Higher or A-level.

With 3 Language Classes and 1 Language Practical per week this course encourages and supports students to develop their personal self-study strategies.

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Background to German Beginners 2 (GM1549) - 15 Credit Points

This course is intended for beginners, wishing to proceed with German Studies beyond level 1. It provides an introduction to selected German Short Stories from the 20th-century, with a particular focus on relating these to their cultural, historical and social context.

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German Language 1 (GM1050) - 15 Credit Points

This module is designed for students with an SCE H in German or equivalent. The course develops receptive and productive oral and written German language skills. Students who are considering applying for entry to German Honours must take this course.

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German Language 2 (GM1550) - 15 Credit Points

This module is designed for students with an SCE H in German or equivalent. The course develops receptive and productive oral and written German language skills. Students who are considering applying for entry to German Honours must take this course. The course builds on GM1050.

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Modern German Culture 1 (GM1052) - 15 Credit Points

Learn more about German 20th-century literature, dealing with the events that shaped German and European history. As in all good literature, we will discuss universal themes and topics covering all of the most important aspects of modern life.

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Modern German Culture 2 (GM1556) - 15 Credit Points

Learn more about modern German history, culture and literature while also extending your skills in reading German texts.

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Year 2

Year 2

Compulsory Courses

Personal Investment (FI2001) - 15 Credit Points

The objective of the course is to introduce the concept of personal financial management. This is done by developing financial awareness and capability in evaluating contemporary products of the financial services industry through an understanding of the industry's institutions, regulation, marketing and products. The aim is to give students the knowledge that they need to make long term decisions about their own and other people's finances that will increase life-time wealth. They will also learn about the role of the financial advisor and the qualifications required both from the perspective of a consumer and as a potential career option.

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Finance 2: Business Finance (FI2004) - 15 Credit Points

The main aim of this course is to develop a sound understanding of fundamental principles underlying the theory and practice of finance, thereby providing a strong basis for further study of advanced finance theory and cognate disciplines. The course introduces students to important concepts in finance: principles of assets pricing, concept of risk and return, theory of interest rates and pricing fixed income securities, evaluation of investment project with a focus on embedded real options. It equips students with good analytical skills in order to understand the implications of financial decisions by understanding the fundamentals that govern them.

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Financial Markets and Regulation (FI2501) - 15 Credit Points

This course provides students with an understanding of the financial system, primarily from a UK perspective, introducing students to the reasons for, and nature of, financial markets and institutions before moving on to explore the need and importance of financial regulation, and investigating the causes and consequences of the recent global financial crisis. The course will introduce students to a variety of topics including the role of wholesale and retail banks, non-bank financial institutions, the debt and equity markets, and the derivative markets; market efficiency, UK and international regulation, consumer protection and market abuse.

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Understanding Statistics (PO2508) - 15 Credit Points

This course aims to provide students with an understanding of statistical concepts and methods relevant to accounting, management, finance, real estate and economics. The course is intended to enable students

i) To understand the principles of descriptive statistics, index construction, statistical inference, correlation, regression and time series analysis

ii) To apply statistical techniques to the analysis of accounting, business and economic issues and interpret findings

iii) To identify important sources of data in accounting, business and economics

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Modern German Culture 4 (GM2543) - 15 Credit Points

This course consists of the study of selected aspects of modern German culture and involves the close analysis of German texts. The latter are normally 20th-century texts.

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Modern German Culture 3 (GM2043) - 15 Credit Points

The meaning of life? Knowledge of good and evil? What are the limits of human understanding? Of scientific inquiry? Goethe's Faust knows of no questions that are too big to tackle. In the course, students will encounter some of the greatest literary figures of European thought and literature, and follow them on their perilous journey.

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Optional Courses

Beginner

  • German Language (Advanced Introductory) 1 (GM2040)
  • German Language (Advanced Introductory) 2 (GM2540)

Advanced

  • German Language 3 (GM2042)
  • German Language 4 (GM2542)
German Language (Advanced Introductory) 1 (GM2040) - 15 Credit Points

The course consists of language classes leading to advanced communicative competence in German and it will include the analysis of contemporary texts drawn from a variety of contexts. This course may be taken only by students who have completed the German for Beginners courses.

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German Language (Advanced Introductory) 2 (GM2540) - 15 Credit Points

The intention of the course is to extend and reinforce further students' command of German grammar, vocabulary and syntactic structures, and to introduce various styles of written and spoken German. The course builds on the work done in GM2040 and is intended only for continuing beginners.

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German Language 3 (GM2042) - 15 Credit Points

This level two language course will build on and extend students' fluency and written skills in German.

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German Language 4 (GM2542) - 15 Credit Points

Building on work done in GM 2042, the course will develop further language skills.

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Year 3

Year 3

Compulsory Courses

  • Academic year spent in German-speaking country
Year 4

Year 4

Compulsory Courses

Finance 3: Corporate Finance (FI3004) - 30 Credit Points

This course introduces students to a number of areas of corporate finance including examining capital structure theory, project valuation models, the financing decisions of the firm, and corporate restructuring (including reorganisations and mergers and acquisitions). The main aim of the course is to equip students with good analytical skills in order to understand the implications of corporate financing decisions by understanding why companies behave the way they do with respect to financing choices and how this interacts with the real world financial markets, and to enable students to understand the theoretical underpinnings of corporate finance theory.

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German Junior Honours Language Study (GM3069) - 15 Credit Points

This junior honours language course will build on and extend students' written skills and fluency in German.

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International Financial Management (FI3503) - 30 Credit Points

This course is about international financial management; illustrated by using theory, data, examples and practical case scenarios to consider methods for making international financial decisions. A central theme of the course is the evaluation and management of risks that arise in international financial markets. Topics include: the concept of globalisation and the characteristics of multinational corporations; foreign exchange markets, international parity conditions and exchange rate determination; international capital markets, international financing and political risk; risk management, foreign currency hedging and foreign currency derivatives.

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Optional Courses

  • Select a further 45 credit points from level 3 courses in German
Year 5

Year 5

Compulsory Courses

German Language Study for Senior Honours (GM4099) - 30 Credit Points

Building on the skills gained during the Junior Honours language course and before, this module expands and refines German language expertise in writing, reading, speaking and listening, to an advanced level, for their final exit written and oral exam in German.

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Optional Courses

Option 1

  • Dissertation in German (GM4052)
  • Empirical Methods in Finance (FI4003) OR Financial Strategy and Investment Management (FI4002)
  • Select further credit points from level 4 courses in Finance and German to gain a total of 60 credits in each discipline

Option 2

  • Dissertation in Finance (FI4501)
  • Empirical Methods in Finance (FI4003) OR Financial Strategy and Investment Management (FI4002)
  • Select further credit points from level 4 courses in Finance and German to gain a total of 60 credits in each discipline
Empirical Methods in Finance (FI4003) - 30 Credit Points

This course aims to provide an overview of quantitative methods needed to conduct empirical research in finance and financial economics. The course is intended to enable students

i) To develop knowledge and understanding of the theoretical practical approaches to quantitative methods in finance.

ii) To develop the practical quantitative skills to equip students for dissertations in finance and for on-going work in the finance area.

iii) To develop intellectual skills by understanding of the appropriate use of statistical techniques for various financial problems.

iv) To develop the ability to write extended research reports on original topics in finance

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Financial Strategy and Investment Management (FI4002) - 30 Credit Points

Covering the intellectually and commercially fertile ground at the accountancy/finance interface. Considering financial analysis from both theoretical and practical angles. Do you need to understand financial reporting to be an investor? How should we assess the success of an acquisition? Why do accountants think mergers don’t exist? How do companies decide on financing strategies? Does corporate governance and ethics really matter – do share prices react to it? These are some of the questions we will address alongside using DataStream and the ThomsonReuters Eikon system. The course might give you some ideas for your dissertation too.

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German Dissertation (Joint Honours) (GM4052) - 15 Credit Points

Students engage in their first larger project of independent research.

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Dissertation in Finance (FI4501) - 30 Credit Points

All Accountancy and Finance students must undertake a dissertation. Students taking a joint degree may undertake the dissertation in either discipline, but not both. It is designed to show that you are able to:

Carry out a substantial piece of research on a chosen subject without close supervision

Critically analyse and evaluate work carried out by others

Reach your own conclusions based upon your analysis and evaluation of relevant evidence, whether this is prior research only or prior research coupled with your own research.

Write-up the results of your work in a clear, coherent and logical way.

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Course Availability

We will endeavour to make all course options available; however, these may be subject to timetabling and other constraints. Please see our InfoHub pages for further information.

How You'll Study

Learning Methods

  • Individual Projects
  • Lectures
  • Research
  • Tutorials

Assessment Methods

Students are assessed by any combination of three assessment methods:

  • Coursework such as essays and reports completed throughout the course;
  • Practical assessments of the skills and competencies they learn on the course; and
  • Written examinations at the end of each course.

The exact mix of these methods differs between subject areas, years of study and individual courses.

Honours projects are typically assessed on the basis of a written dissertation.

Why Study Finance and German?

Why Finance

  • An excellent teaching environment, committed to the needs of industry, which integrates research into teaching, enables transferable skills and develops intellectual skills on a range of contemporary financial challenges.
  • Professional training facilities such as virtual Thomson Reuters Eikon™ trading floor, used by major financial services companies across the world and integrating real activity in financial markets directly into our students' courses.
  • The spectacular, award-winning Sir Duncan Rice Library, with brilliant study facilities, state-of-the-art learning technology, and an extensive collection of reference books, journals and other media for finance and business studies.
  • A packed campus programme of student, public and business events, and the annual May Festival which attracts public figures, politicians, business leaders, and broadcasters to discuss and debate critical challenges in our world today.
  • Enterprise Campus, a new initiative to nurture entrepreneurial skills and support students wanting to progress their own business ideas.
  • Our location in the main European centre for the oil and gas industry, where multinational firms and financial services all have offices in the city, and close links to our teaching programmes.

Why German

  • The highest possible rating of ‘Excellent’ in the last Scottish national Teaching Quality Assessment.
  • A vibrant international community on campus and across the region, with many German-speaking students, staff and activities to get involved in and practise your language skills.
  • German Society open to all students interested in German and the German-speaking countries, organising drama performances and other events such as Kaffee and Kuchen, a German Stammtisch, film showings, and visits by German speakers and writers.
  • German Drama Group providing a great opportunity to produce an annual play, widen your language skills and meet other German students studying in Aberdeen. Previous years included works of 20th century dramatists Dürrenmatt, Borchert and Horvath.
  • Opportunities to study the rich literature and culture of Austria and Switzerland in addition to Germany.
  • A packed campus programme of events, exhibitions, seminars, invited speakers and the popular annual May Festival which welcomes international figures, experts, authors and scientists to campus every spring, with an increasingly European flavour.
  • Your period abroad as a language assistant or visiting student - we have exchange scholarships with the Universities of Zurich, Kiel and Greifswald, and Erasmus partners including Leipzig, Cologne, Bonn, Trier and Graz in Austria.
  • The spectacular, award-winning Sir Duncan Rice Library, with fabulous study facilities, state-of-the-art technology, and an extensive German collection to inspire your studies.

Entry Requirements

You will find all the information you require about entry requirements on our dedicated 'Entry Requirements' page. You can also find out about the different types of degrees, changing your subject, offers and advanced entry.

Qualifications

SQA Highers - AABB*
A Levels - BBB*

National 5/ S Grade/ GCSE - Maths
IB - 32 points, including 5,5,5 at HL*
ILC - 5H with 3 at H2 AND 2 at H3 OR AAABB, obtained in a single sitting. (B must be at B2 or above)*

*There is no formal requirement for entry to the German beginners' course. A pass in German at SQA Higher, GCE A Level or equivalent is necessary for entry to the German non-beginners course.

Further detailed entry requirements for Arts and Social Sciences degrees.

English Language Requirements

To study for a degree at the University of Aberdeen, it is essential that you can speak, understand, read and write English fluently. Read more about specific English Language requirements here.

Fees and Funding

You will be classified as one of the fee categories below.

Fee Waiver

For international students (all non-EU students) entering in 2017/18, the 2017/18 tuition fee rate will apply to all years of study; however, most international students will be eligible for a fee waiver in their final year via the International Undergraduate Scholarship.

Fee information
Fee category Cost
Home / EU £1,820
All Students
RUK £9,250
Students Admitted in 2018/19 Academic Year
International Students £14,600
Students Admitted in 2018/19 Academic Year

Additional Fees

  • In exceptional circumstances there may be additional fees associated with specialist courses, for example field trips. Any additional fees for a course can be found in our Catalogue of Courses.
  • For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our InfoHub Tuition Fees page.

Our Funding Database

View all funding options in our Funding Database.

Careers

There are many opportunities at the University of Aberdeen to develop your knowledge, gain experience and build a competitive set of skills to enhance your employability. This is essential for your future career success. The Careers Service can help you to plan your career and support your choices throughout your time with us, from first to final year – and beyond.

Our Experts

Information About Staff Changes

You will be taught by a range of experts including professors, lecturers, teaching fellows and postgraduate tutors. Staff changes will occur from time to time; please see our InfoHub pages for further information.

Key Information Set (KIS)

Unistats draws together comparable information in areas students have identified as important in making decisions about what and where to study. The core information it contains is called the Key Information Set.

You can compare these and other data for different degree programmes in which you are interested.

Get in Touch

Contact Details

Address
Student Recruitment & Admissions Service
University of Aberdeen
University Office
Regent Walk
Aberdeen
AB24 3FX