The MSc International Financial Management & Control takes place over 3 terms. Thus, during the 1st term, you will learn concepts such as financial analysis, control, and performance management along with the most advanced digital analysis techniques in the field.
In the 2nd term, you will be equipped with the skills needed to develop a financial strategy and analyze the effects of international corporate governance from a sustainable perspective.
Finally, in the 3rd term, you will need to work on your Master Thesis, supported by the TBS faculty. Additionally, you will have the chance to undertake a 4-to-6-month internship in a renowned national or international company. At TBS Business School, both in masters and bachelor degrees, internships teach our students how to face real challenges in well-known companies.
Throughout the whole course, you will benefit from our Soft Skills Certificate and the Company Visits Program.
*Non-contractual information. Courses are subject to change every academic year.
In order to get to know the content program of this Master of Science in finance, you must know that the first term is divided into 5 modules, designed to provide you with sound fundamentals in financial management & control.
International Financial Reporting & Analysis
By the end of this course module, you will be able to perform a comprehensive financial analysis of the domestic or international business. You will also learn how to successfully develop a company’s tax plan.
- International Corporate Accounting
- Business & Financial Statement Analysis
- International Tax law
Management Accounting & Control
During this module, you will learn how to design, use, and monitor the accounting management tools needed to carry out the strategic sustainable aims of the company.
- Strategic Management Accounting
- Performance Management
- Responsible Management Control Systems
Advance Performance Management
You will be provided with the skills needed to select and apply strategic management accounting techniques in different local and global business contexts to contribute to the planning, control, and evaluation of the performance of an organization and its strategic and operational development.
- Globalization Effects on Markets
- Strategic Performance Management in SMEs/Scale-Ups
- Performance Evaluation & Corporate Failure
Digital Accounting & Data Analytics
You will learn to handle the latest developments at the intersection of accounting, the new digital technology systems, such as ERP programs, and Data Analysis software.
- Accounting Information Systems
- Data Analytics
- Financial Modelling
Research Methods in Financial Management & Control I
This module will provide you with an overview of research methods in international financial management and control, and introduce you to academic writing.
- Qualitative Research in Financial Accounting
- Quantitative Research in Financial Accounting
This period is divided into 4 modules, based around the development of a financial strategy and the understanding of international corporate governance from a sustainable perspective.
By the end of this module, you will be able to understand and implement key financial strategic decisions.
- Mergers, Acquisitions & Private Equity
- Capital Structure, Dividend Policy & Firm Value
- Fundraising Methods
Financial Management & Auditing
During this module, you will learn to set up tools to make short-term financial decisions in order to maximize long-term value and efficiently managing risks.
- Cash Management
- Financial Risk Management
- Operational Auditing
Corporate Governance & Sustainability
This module will equip you with the skills needed to analyze the determinants and effects of international corporate governance practices on corporate finance issues.
- International Corporate Governance
- Boards Duties & Business Ethics
- Sustainability & Integrated Reporting
Research Methods in Financial Management & Control II
- Research Proposal Design & Writing
Soft Skills Certificate
This subject will help you develop the management, leadership, and professional skills you need to enhance your relational and behavioral abilities required to make the most of your career in financial management & control.
This certificate is the result of a collaboration between 26 lecturers and professionals in leadership and management, in conjunction with TBS Career Starter.
Management & Leadership Skills
This module will provide you with 9 key skills to lead teams and manage your professional career:
- Effective communication
- Lifelong learning
Leadership & Management
- Creating an inspiring vision
- Leading teams
- Responsible decision-making
- Managing interpersonal relations
- Building trust and well-being in the workplace
- Effective influencing
TBS Career Starter offers this module inside the program content of the MSc finance to help you reveal your hidden talents and make the right decisions to move towards your deepest aspirations.
Over the course of lectures, workshops, individual tests, and coaching sessions, experts will help you start your career, ask the right questions, and identify the best internship or job for you.
- Coaching: We will help you uncover your skills, strengths, and areas for improvement. Using personality tests and individual coaching, we will combine your self-knowledge with your aspirations and career choices.
- Personal Branding: You will take part in workshops to build your CV and e-portfolio to highlight your experiences and skills to future employers.
Company Consulting Mission (SESAME)
You will have the chance to try out your consulting skills during a two-week, real-life, transversal consultancy assignment!
Your class will receive a letter of engagement on a topical strategic issue from a TBS partner company.
With the help of TBS lecturers, students will work out a strategy to analyze the company’s competition and positioning. After a discussion, they will put forward strategic and operational recommendations to respond to the issues facing the company.
This practical task will allow you to put the skills and knowledge you have learned during your program into action.
Some of the TBS partner companies that have worked with students in previous years include:
- Aerospace Valley
- Cap Gemini
- Comtesse du Barry
- Continental Automotive
- Mars Petfoods
- Rockwell & Collins
Company Visits Program
The master’s program offers you the chance to visit several companies so that you can experience them from the inside. The visits will be directly related to the activities and projects on the MSc International Financial Management & Control course.
Some of the companies visited during previous years include:
- Mandarin Hotel
As part of the course, you will write an individual dissertation on a current financial management issue from an academic or professional perspective. This thesis will contribute towards the study, analysis, formalization, and abstraction of the topic in question. The essay must include the following aspects:
- Motivation: A justification of your choice of the research issue
- Resourcefulness: The ability to write and prepare a research article
- Creativity & common sense: A structured and logical methodology
- Cross-functionality: Having a multidimensional approach to solving problems
A suitable master’s thesis is a requirement for graduation.
You will be given the chance to work as an intern at a company in Spain or abroad over a period of 4 to 6 months. You do not need to complete an internship in order to graduate.
Nonetheless, TBS encourages you to complete an internship to supplement your education with professional experience in financial management, as it would help towards better professional integration.
Students who complete an internship will earn 10 additional ECTS credits for the new skills they have learned
TBS Career Starter will offer you support to develop your skills, as well as giving you professional tools to find the right internship to suit your career. You will receive individual coaching to ensure you make the most of your internship.
It can be difficult to find an internship as it requires perseverance, autonomy, and initiative. You will receive support during the Career Starter workshops, which will help you boost your employability on your internship search.
How to find your internship?
In previous academic years, students from master’s programs have completed internships with some of the following companies and organizations: