Management (MiM)

• Dr Lakshmy Subramanian

To introduce the concepts and techniques of Microeconomics (e.g. market analysis, price theory, rationality) and Macroeconomics (e.g. inflation, exchange rates and interest rates) in a way which provides a core foundation for later applied financial analysis in a range of other core and elective courses on the MSc in Finance and Management and MSc in Investment Management.

In the Context of the Financial markets, it is imperative that you become aware of the fundamental principles and concepts pertaining to Economic Theory per se. Studying economics not only provides knowledge for making decisions but also offers a tool with which to approach questions such as the desirability of a particular financial investment opportunity, the benefits and costs of alternative careers, or the likely impacts of public policies.

The initial few sessions are spent on discussion of the concept of equilibrium as it applies to the micro and macro structures of a broad range of financial markets. In the next four sessions, you will gain an understanding of choice theory and rational economic decision making as it applies to the levels and structure of prices of assets in a broad range of financial markets is developed. Finally, remaining sessions are devoted to discussion of the concepts and ideas in macroeconomics which have a direct relevance to financial markets. Particularly, discussion is centered on understanding of monetary economics and the institutional context to which it applies. Discussion of structure of money and capital markets rounds up this module.

On successful completion of this module, you should be able to:

1. Assess the concept of equilibrium as it applies to the micro and macro structures of a broad range of financial markets.
2. Discuss and justify the rationale of choice theory and rational economic decision making as it applies to the levels and structure of prices of assets in a broad range of financial markets.
3. Appraise the monetary institutional context as this is reflected by money and capital markets.
4. Examine the use of relevant geometric and quantitative models to explain and analyse monetary and financial phenomena.
5. Assess and effectively discuss real world problems that relate to global financial markets.

Admission Requirements

Academic Requirements

You need the following GMAT score:

Required score: 600

The GMAT is specifically designed for admission to business or management schools, and is meant to test how prepared you are for a business degree programme

You will need:

• a UK first or second class Honours degree in a relevant subject area or
• an equivalent international qualification (find out whether your qualification meets our requirements by visiting our International Student page) or
• relevant work experience in combination with a degree below second class Honours.

If you do not meet our formal entry requirements, but still feel you can demonstrate the ability to complete the course successfully, you may still be accepted onto a course. Each application will be considered on its merits.

Having taken your application into consideration, the course director may also require you to take GMAT (minimum score 600) or GRE (75th percentile in both the verbal and quantitative reasoning sections). The GMAT course code for the MSc in Management is K2H-N3-14 and our GRE institution code is 3641

Students requiring a Tier 4 (General) visa must ensure they can meet the English language requirements set out by UK Visas and Immigration (UKVI) and we recommend booking an IELTS for UKVI test.

English Proficiency: IELTS 6.5 or equivalent.

Tuition & Financial Information

Detailed tuition information is not available. Please contact the university for the most current tuition and fee information.

Application Deadline

Please contact the university for application deadline information.

About Cranfield University



Cranfield University

Cranfield, United Kingdom

Cranfield University is a distinguished institution of higher education committed to academic excellence, innovative research, and preparing students for leadership in their chosen fields. The...

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Application Information

• Start Date 21 January 2026
• Language English
• Duration 12 months

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