Finance and Spanish & Latin American Studies (5 years), MA

In this section
Finance and Spanish & Latin American Studies (5 years), MA

Introduction

Finance and Spanish & Latin American Studies at Aberdeen brings the strong competitive advantage of a major international second language and culture to your powerful understanding of the principles of finance and wider business skills, making you 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.

Study Information

At a Glance

Learning Mode
On Campus Learning
Degree Qualification
MA
Duration
60 months
Study Mode
Full Time
Start Month
September
UCAS Code
RN43

In Finance you’ll explore financial management, corporate and personal finance, financial institutions, derivatives and the stock market. You’ll 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’ll 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.

Aberdeen is one of the most dynamic place to study and research the Spanish language and the cultural frameworks in countries where it is spoken. You’ll be equipped with the skills to communicate in a global language, spoken by 350 million native Spanish speakers in 19 Latin American states, Spain, and increasingly in the US.

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 a Spanish-speaking country.

The combination of your business, language and cultural skills will give you a special advantage to employers operating in multinational environments, including the energy industry which is important in the growing economies of Latin America.

What You'll Study

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.

Getting Started at the University of Aberdeen (PD1002)

This course, which is prescribed for level 1 undergraduate students (and articulating students who are in their first year at the University), is studied entirely online, takes approximately 5-6 hours to complete and can be taken in one sitting, or spread across a number of weeks.

Topics include orientation overview, equality and diversity, health, safety and cyber security and how to make the most of your time at university in relation to careers and employability.

Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’.

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.

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.

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.

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?

Optional Courses

Select ONE of the following options:

Beginner

  • Spanish Language 1 (SP1027)
  • Spanish Language 2 (SP1528)

Intermediate

  • Spanish Language 2 (SP1028)
  • Spanish Language 3 (SP2525)

Advanced

  • Spanish Language 3 (SP2525)

All options will also select:

  • Spain: A Cultural History (SP1538) AND/OR Latin America: A Cultural History (SP1032)

Plus select further credit points from courses of choice to reach 120 credit points

Spanish Language 1 (SP1027)

15 Credit Points

This is a fast-paced and intensive language course for students with very little or no previous knowledge of Spanish who have been allocated onto this course by our diagnostic test. It is aimed at students intending to pursue an honours (single or joint) degree in Spanish and Latin American Studies but is also suitable for students on other degree programmes.

Spanish Language 2 (SP1528)

15 Credit Points

This is a fast-paced language course for students with some previous knowledge of Spanish who have been allocated onto this course by our diagnostic test. It is aimed at students intending to pursue an honours (single or joint) degree in Spanish and Latin American Studies but is also suitable for students on other degree programmes.

Spanish Language 2 (SP1028)

15 Credit Points

This is a fast-paced language course for students with some previous knowledge of Spanish who have been allocated onto this course by our diagnostic test. It is aimed at students intending to pursue an honours (single or joint) degree in Spanish and Latin American Studies but is also suitable for students on other degree programmes.

Spanish Language 3 (SP2525)

15 Credit Points

This course follows Spanish Language 2 or can be taken by students who have the required level of Spanish as determined by the diagnostic test (see below).

Latin America: A Cultural History (SP1032)

15 Credit Points

This course will introduce students to Latin American history, culture and society from the pre-Hispanic period to the present through a selection of archaeology, historical and contemporary writings, visual culture and music. All texts studied will be available in English translation.

Encountering the Other in Iberia and the Americas (SP1538)

15 Credit Points

The course introduces students to colonial encounters ranging from Muslim Iberia to the pre-conquest Americas and continuing into the period of the Spanish Empire. From the nineteenth century, conquest and colonial encounters continued as newly-independent Spanish American states seized indigenous territories, while colonial mentalities re-surfaced in contexts as diverse as the Spanish Civil War and Southern Cone dirty wars. These examples show how colonial encounters helped shape contemporary Spain and Spanish America.

Year 2

Compulsory Courses

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.

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.

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

Optional Courses

Select ONE of the following options:

Beginner

  • Spanish Language 3 (SP2025)
  • Spanish Language 4 (SP2526)

Intermediate/Advanced

  • Spanish Language 4 (SP2026)
  • Spanish Language 5 (SP2531)

Both options will select:

  • Spain: Texts and Contexts (SP2036) AND/OR Latin America: Texts and Contexts (SP2538)

Plus select further credit points to a total of 120 credits.

Spanish Language 3 (SP2025)

15 Credit Points

This course follows Spanish Language 2 or can be taken by students who have the required level of Spanish as determined by the diagnostic test (see below).

Spanish Language 4 (SP2526)

15 Credit Points

This course aims to prepare intending Honours students of Spanish and Latin American Studies for their compulsory period abroad in a Spanish-speaking country.

The course will develop further Spanish language skills, both receptive and productive. Classes on grammatical and linguistic analysis will contribute to the development of both sets of skills. In addition students will complete a structured self learning programme of audio-visual study and grammatical reinforcement study.

Spanish Language 4 (SP2026)

15 Credit Points

This course aims to prepare intending Honours students of Spanish and Latin American Studies for their compulsory period abroad in a Spanish-speaking country.

The course will develop further Spanish language skills, both receptive and productive. Classes on grammatical and linguistic analysis will contribute to the development of both sets of skills. In addition students will complete a structured self learning programme of audio-visual study and grammatical reinforcement study.

Spanish Language 5 (SP2531)

15 Credit Points

This course follows Spanish Language 4 and aims to prepare non beginners intending Honours students of Spanish and Latin American Studies for their compulsory period abroad in a Spanish-speaking country.

The course will develop further Spanish language skills, expanding on the vocabulary and introducing formal documents and letters. Classes on grammatical and linguistic analysis will contribute to the development of both sets of skills. In addition students will complete a structured self learning programme of vocabulary and grammatical reinforcement study.

Latin America: Texts and Contexts (SP2036)

15 Credit Points

This course uses texts, which can include plays, films, novels, music, letters and an etiquette guide, to understand issues, concerns and themes in Latin American history. The course is organised chronologically and each week classes focus on texts from a particular country as a means to discuss bigger questions, such as how to make a new nation after three hundred years of colonial rule and a decade of warfare, how to demonstrate your honourability in an anonymous city and what cultural models are the best source of inspiration. The course also focuses on 'context' shared throughout Latin America.

Spain: Texts and Contexts (SP2538)

15 Credit Points

This course takes a broad look at different texts spanning from the late 15th century to the present day. We will study these texts in the original language but with the help of English translations, providing a smooth introduction into reading Spanish language literature. The first half of the course concentrates on the late medieval and early modern eras, through two highly entertaining texts: Celestina and Life Is Dream. The second half concentrates on the 20th century through a combination of poetry, short fiction and film.

Year 3

Compulsory Courses

Residence Abroad Project (SP30AB)

15 Credit Points

The aim of the Residence Abroad Project is to develop an in-depth understanding of a specific aspect (anthropological, political or cultural) connected with one of the Spanish and Latin American countries in which students are staying. Students are expected to study a topic in its socio-and to complete a report in Spanish of c. 2000-2500 words.

Year 4

Compulsory Courses

International Financial Management (FI3503)

30 Credit Points

Multinational corporations face a range of risks in an international setting, including exchange rate, political and financing risk. The course considers the complexities of financial management in these settings. It aims to develop students understanding and ability to apply finance theory to international financial management. This course will develop student skills in the analysis of issues including globalisation and the multinational corporation; foreign exchange markets and exchange rate determination; international capital markets, debt and banking; risk management and foreign currency derivative securities

Spanish Language 6 (SP30A3)

15 Credit Points

This is a core prescribed course open only to Junior Honours Spanish and Latin American Studies students and a selected range of other programmes at the appropriate level. This course aims to enable you to identify and use, accurately, fluently, and with an appropriate level of sophistication, a range of vocabulary and linguistic registers at advanced level.

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.

Optional Courses

Select a further 45 credit points from level 3 Spanish and Latin American Studies courses.

Year 5

Compulsory Courses

Spanish Language 7 (SP40A5)

30 Credit Points

This is the final Spanish language course within the degree that will provide students with advanced comprehension and writing skills in general and specialised registers.

Optional Courses

Select ONE of the following dissertation options:

  • Dissertation in Hispanic Studies (SP4039)
  • Dissertation in Finance (FI4501)

Plus, select ONE of the following:

  • Empirical Methods in Finance (FI4003)
  • Financial Strategy and Investment Management (FI4002)

Plus select further credit points from level 4 courses in Finance and Spanish & Latin American Studies 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

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.

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.

Dissertation in Spanish (SP4039)

30 Credit Points

This year-long course unit combines dissertation research with research methods training. The dissertation is a piece of extended independent research (8,000-10,000 words long), structured as a critical evaluation, analysis or argument, about a topic germane to Spanish and Latin American Studies. The topic is chosen by the student, in conjunction with the dissertation coordinator and an individual Departmental supervisor, both of whom approve the topic. Students are encouraged to design their topic building on their previous studies, especially honours courses. The dissertation offers a chance for students to carry out in-depth independent study in Spanish and Latin American Studies, and to acquire and develop valuable research skills. The course begins, in the first half session, with workshops on diverse research methods and the creation of peer support groups. The second half session includes structured meetings with the dissertation supervisor and meetings with the peer support group, as well as independent research and writing.

We will endeavour to make all course options available. However, these may be subject to change - see our Student Terms and Conditions page.

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 Spanish & Latin American Studies?

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.
  • 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.
  • Experience the Bloomberg Terminal, a software platform that provides real-time and historical data, market-moving news and analytics to help leading business and financial professional make better informed investment decisions.

Why Spanish & Latin American Studies

  • The opportunity to study visual culture, literature, history, politics and anthropology in relation to Spain and/or Latin America.
  • Special areas of research expertise include 20th century Spain, contemporary and historical Mexico, visual culture, gender studies, history of science in Latin America, and studies of citizenship and society.
  • Multicultural north-east Scotland, with many Spanish speakers working or studying in this region due to its role as a world centre for oil and gas.
  • The spectacular, award-winning Sir Duncan Rice Library, with top-class study facilities, state-of-the-art learning technology, and extensive Spanish and Latin American works to inspire your studies.
  • A packed campus programme of events, exhibitions, film showings, and the annual WayWORD literary festival which welcomes international figures, experts, writers and scientists to campus every spring, including authors writing in Spanish.

Entry Requirements

Qualifications

The information below is provided as a guide only and does not guarantee entry to the University of Aberdeen.


General Entry Requirements

2024 Entry

SQA Highers

Standard: AABB

Applicants who have achieved AABB (or better), are encouraged to apply and will be considered. Good performance in additional Highers/ Advanced Highers may be required.

Minimum: BBB

Applicants who have achieved BBB (or are on course to achieve this by the end of S5) are encouraged to apply and will be considered. Good performance in additional Highers/Advanced Highers will normally be required.

Adjusted: BB

Applicants who achieve BB over S4 and S5 and who meet one of the widening access criteria are guaranteed a conditional offer. Good performance in additional Highers/Advanced Highers will be required.

More information on our definition of Standard, Minimum and Adjusted entry qualifications.

A LEVELS

Standard: BBB

Minimum: BBC

Adjusted: CCC

More information on our definition of Standard, Minimum and Adjusted entry qualifications.

International Baccalaureate

32 points, including 5, 5, 5 at HL.

Irish Leaving Certificate

5H with 3 at H2 AND 2 at H3.

PLEASE NOTE: National 5/ Standard Grade/ GCSE (or equivalent) in Mathematics / Applications of Mathematics is required in addition to the requirements noted above.

2025 Entry

SQA Highers

Standard: BBBB

Applicants who have achieved BBBB (or better), are encouraged to apply and will be considered. Good performance in additional Highers/ Advanced Highers may be required.

Minimum: BBC

Applicants who have achieved BBC at Higher and meet one of the widening participation criteria above are encouraged to apply and are guaranteed an unconditional offer for MA, BSc and BEng degrees. 

Adjusted: BB

Applicants who have achieved BB at Higher, and who meet one of the widening participation criteria above are encouraged to apply and are guaranteed an adjusted conditional offer for MA, BSc and BEng degrees.

We would expect to issue a conditional offer asking for one additional C grade at Higher. 

Foundation Apprenticeship: One FA is equivalent to a Higher at A. It cannot replace any required subjects.

More information on our definition of Standard, Minimum and Adjusted entry qualifications.

A LEVELS

Standard: BBC

Minimum: BCC

Adjusted: CCC

More information on our definition of Standard, Minimum and Adjusted entry qualifications.

International Baccalaureate

32 points, including 5, 5, 5 at HL.

Irish Leaving Certificate

5H with 3 at H2 AND 2 at H3.

PLEASE NOTE: National 5/ Standard Grade/ GCSE (or equivalent) in Mathematics / Applications of Mathematics is required in addition to the requirements noted above.

Entry from College

Advanced entry to this degree may be possible from some HNC/HND qualifications, please see www.abdn.ac.uk/study/articulation for more details.

The information displayed in this section shows a shortened summary of our entry requirements. For more information, or for full entry requirements for Arts and Social Sciences degrees, see our detailed entry requirements section.


English Language Requirements

To study for an Undergraduate degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:

IELTS Academic:

OVERALL - 6.0 with: Listening - 5.5; Reading - 5.5; Speaking - 5.5; Writing - 6.0

TOEFL iBT:

OVERALL - 78 with: Listening - 17; Reading - 18; Speaking - 20; Writing - 21

PTE Academic:

OVERALL - 59 with: Listening - 59; Reading - 59; Speaking - 59; Writing - 59

Cambridge English B2 First, C1 Advanced or C2 Proficiency:

OVERALL - 169 with: Listening - 162; Reading - 162; Speaking - 162; Writing - 169

Read more about specific English Language requirements here.

Fees and Funding

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

Fee information
Fee category Cost
RUK £9,250
Tuition Fees for 2025/26 Academic Year
EU / International students £20,800
Tuition Fees for 2025/26 Academic Year
Home Students £1,820
Tuition Fees for 2025/26 Academic Year

Scholarships and Funding

Students from England, Wales and Northern Ireland, who pay tuition fees may be eligible for specific scholarships allowing them to receive additional funding. These are designed to provide assistance to help students support themselves during their time at Aberdeen.

Financial support for your study year abroad

We provide funding to students starting in 2021/22 on degrees with a compulsory period abroad at the same level as the Turing funding. This financial support can be used towards rent in your new city overseas, general living costs, or travelling to see more of your new home country. Students going abroad will continue to pay their normal rate of tuition fees with no increased charges or need to change tuition fee arrangements to the host university. For a full overview of how the tuition fees work, you can check this helpful funding table on our website.

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 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 and Employability 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. However, these may be subject to change - see our Student Terms and Conditions page.

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Get in Touch

Contact Details

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

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