The business finance industry is changing.

Digitalization is changing the nature of finance. Customers expect faster and more efficient online services and more flexible and innovative solutions. Faced with increased regulation, competitive pressures from new entrants, consolidation in the market and tighter margins, the industry is turning to new technologies such as blockchain, AI, cloud computing, big data analytics and mobile platforms.

The MA Business Finance Innovation (formerly called the ‘MA Leasing and Asset Finance’) focuses on innovation, disruption and change in business finance and provides the most up-to-date high-level learning and development opportunity for professionals who want to influence change in the industry. 

In collaboration with

"This industry focused programme has delivered significant return on our initial investment."
Carl D’Ammassa, Group Managing Director, Business Finance, Aldermore Bank PLC

FOR LEARNERS

The MA offers the opportunity for you to gain a prestigious qualification and to position yourself for a bright future in an industry that is powering the growth of the economy. It will help you influence the future of a changing industry fuelled by knowledge, technology and data.

FOR EMPLOYERS

Expand the horizons of your talented people as they apply their learning to strategic, highly disruptive projects where you need a fresh perspective. The MA will help your organization prepare for the impact of fintech and drive your growth and evolution. It’s a cost-effective approach to solving some of the most strategically important challenges. 

FOR HR LEADERS

The MA is an innovative development opportunity that will attract, retain and develop the most valuable people and help drive strategic change. Using modern learning methods, the MA equips students to understand and exploit the latest disruptive trends in business finance and leads to an internationally recognized qualification.

"This programme provides students with the approach necessary to develop new products and services that meet customer needs."
Alan Rhodes, Sales & Marketing Director, Scania Financial Services 
  • A focus on the latest disruptive ideas in finance

    Explore the impacts of new technologies and business models

  • Part-time, workplace-based learning

    Work on projects linked to strategic organisational challanges

  • SUPPORT FROM INDUSTRY MENTORS

    You have access to an experienced industry professional who will support your studies

  • Credit for prior learning and experience

    Claim up to 60 credits for your professional experience

  • Internationally recognised postgraduate qualification

    Benchmarked against the Quality Assurance Agency subject benchmark statement for Business and Management

DEVELOP YOUR POTENTIAL AND ACCELERATE YOUR CAREER

An internationally-recognised qualification that signals your status as a business finance professional.

WHAT OUR EMPLOYERS SAY

“At Aldermore we encourage our colleagues to ‘make a difference’ for our customers and really look to grow and develop in their roles. When the Leasing Foundation launched the MA programme, we were delighted to support Jon Crook as part of the first cohort of students. The programme has been amazing, not only have we seen Jon grow and develop as an individual, he has – through his project work – been able to make a real difference for the business. The programme has encouraged Jon to challenge conventional thinking to resolve and improve some critical points of our service offering. That challenge posed by the MA project, has teased out other areas of focus and more opportunities for Aldermore to look at other adjacent activities and approaches which will materially and positively impact how we do business. The investment in Jon and his participation in this industry focused programme has delivered significant return on our initial investment – not only helping improve things for our customers but also seeing the development of one of our high potential next generation. We are looking forward to seeing more Aldermore citizens go through the programme, build their network and find themselves better placed to support emerging business opportunities and industry challenges.”
Carl D’Ammassa, Group Managing Director, Business Finance, Aldermore Bank PLC

“Ben’s participation in the MA program has been of real benefit to the business. It has really improved his knowledge in regards to the industry with a particular focus on innovation. At the same time the experience has certainly enhanced Ben’s communication skills and confidence both with his colleagues and industry professionals. We have had real tangible benefit from his learnings. His focus of credit scoring has had a big impact on our new Credit Portal & CRM currently in development. He has also been a very good catalyst for sharing current thinking and industry trends with his team members. It’s been a great opportunity for both himself and White Oak UK and undoubtedly contributed to him winning The Young Professional of the Year at the Leasing Life awards.”
Peter Alderson, Managing Director, White Oak UK

“We have two of our employees on the MA.  After 2 years we have seen a significant return on the time they have invested in undertaking the course. Open to new ideas, challenging the norm, and a growing confidence in how they undertake business challenges are ample returns. We see real life benefits within our business.”

Alan Rhodes, Sales & Marketing Director, Scania Financial Services 

 

WHAT OUR STUDENTS SAY

“The Masters course in Leasing and Asset Finance at Falmouth University has so far exceeded my initial expectations. As well as giving a good grounding on the asset finance industry, and examining theories that I have already applied to my own business, the course has been extremely useful in encouraging me to look further than the inner workings of my own business and appreciate some of the issues that are affecting the wider industry and the economy in general. For this and many other reasons, I would recommend this course to any asset finance brokers that are considering applying.”
Luke Hultquist, Halo Asset Finance

“I’ve found the course to be stretching but very valuable. It has provided varied insights into the Leasing and Asset Finance industry as well as developing my leadership style and project management tools which are usable in any industry. The use of online tools to connect the cohort I am in has fostered great discussions and the mentors provided have added further value and perspectives on AF and general finance skills.”
Jonathan Crook, Aldermore

THE COURSE STRUCTURE

The course consists of three parts. Each part contains specific modules that explore different aspects of creativity, leadership and innovation in finance.

The three parts are linked by workplace-based projects that explore real business issues. If you successfully complete all three parts you will accumulate the required 180 credits for the award of a Master of Arts (MA).

You will explore online content delivered by Falmouth University’s Learning Space, and you will be supported by academic supervisors from Falmouth University and mentors from The Leasing Foundation.


PART
one

Part 1 contains modules on the emerging trends in the industry  that will provide you with a grounding in key issues around the strategic issues for the industry and approaches to creative leadership and innovation. Part 1 includes the opportunity to study contemporary case studies both individually and in an online study group. A workplace-based project will allow you to explore the issues in context and a residential sandpit meeting will provide you with an opportunity to share knowledge and insights with your fellow students and mentors from the Foundation.

Time  Commitment. Part 1 consists of two, 200-hour* modules in The Leasing and Asset Finance Industry, and Strategy and Innovation in Leasing and Asset Finance, a 200-hour* workplace-based project and a residential sandpit meeting.

PART
two

Part 2 explores creativity, innovation and leadership. The module in this study block draws ideas and inspiration from the creative industries whose products and services to explore creativity, leadership and innovation. An individual workplace-based project allows you to explore the issues in context and a residential sandpit meeting provides you with an opportunity to share your knowledge and insights with fellow students and mentors from the Foundation.

Time Commitment. Part 2 consists of a 200-hour* module in Creative Business , a 400-hour* workplace-based project and a residential sandpit meeting.

 

PART
three

Part 3 is based on a single MA project along with a residential sandpit meeting with industry leaders and mentors from the Foundation.

The project at the heart of your MA is a substantial piece of research work that will allow you to consolidate and extend your learning in the context of real business challenges in your organisation based on rigorous research and analysis.

 

Time Commitment. Part 3 consists of a single 600-hour* MA project and a residential sandpit meeting.

 

*This figure is a notional total time commitment and includes the time you might spend completing your assessments, your self-organised learning, doing online research, interaction with your fellow students online and in the sandpit, and in discussion with your mentor.

THE COURSE CONTENT

PART 1 Modules

one

LAF101

The Industry

This module provides an overview of the evolving business finance industry. You will explore how product sets are evolving and the regulatory, technology and market changes and look at futures for the industry in the next decade that are driven by emerging financial technologies and the sweep of digitalization across the industry.

Aims of the Module
– to provide a comprehensive contemporary overview of the leasing and asset finance industry and how it is changing
– to familiarise you with key resources that can be used to understand the industry
– to allow you to build an understanding of the key drivers of change in the industry.

Credits This is a 20 credit module. 

Delivery The module is delivered via online, webinar and audio content on the Learning Space (Learning Management System), academic tutor and mentor contact.

Time commitment This module notionally takes 200 hours to complete. 

LAF102

Leadership, Innovation and Strategy 

Companies in the leasing and asset finance industry are operating in a high-growth, intensely competitive environment where increasingly sophisticated business customers are demanding easier access to more flexible finance and expect better customer service and access to online services. In this module you will explore the dynamic industry environment through individual and collaborative analysis of contemporary case studies with a focus on the leadership, innovation and strategy challenges that the industry is facing.

Aims of the module
– to explore leadership, innovation and strategy in the context of current industry developments

– to allow you to explore innovation in the industry through real-life case studies
– Equip you to critically analyse case studies.

Credits This is a 20 credit module. 

Delivery The module is delivered wholly online via the Learning Space. You are required to contribute to the online discussion forums on the Learning Space.

Time commitment This module notionally takes 200 hours to complete. 

LAF103/LAF104

Workplace-based
project (1)

 Workplace project 1 is made up of two modules. LAF103 allows you create a project scope and plan, which is then completed in LAF104.

You will work with your academic supervisor, organisational sponsor and your Leasing Foundation mentor to identify a suitable project that matches your interests, the context of your organisation and explores a relevant industry theme. The aim of the project is to integrate the skills and knowledge you have gained by application to a project related to leasing and asset finance in the context of your own organisation.

Aims of the Modules
– to help you identify and analyse a topic in leasing and asset finance based around current organisational developments
– to communicate the analysis through written and other materials
– to support you in discussing and exploring this analysis in a group setting.

Credits LAF103 and LAF104 are 10 credits each.

Delivery The modules are delivered via on-line supervision, mentoring and a 2 day residential sandpit in LAF104. 

Time commitment These modules notionally take 200 hours to complete. 

Part 2 Modules

two

LAF105

Creative Business

This module explores creativity as a driver for innovation and as a core competence of leadership. You will examine a range of principles, techniques and published research to help you consider your role as a leader who supports creativity in others and leads by example. We draw ideas and inspiration from the creative industries, whose products and services are dependent on the continuing creativity of their staff.

Aims of the Module
– to help you develop a creative mind-set, and enhance your personal creativity
– to help you support others in developing and applying their creativity
– to improve your, and your organisation’s, capability to identify, diagnose and solve complex problems and spot opportunities.

Credits This is a 20 credit module. 

Delivery The module is delivered via online, webinar and audio content on the Learning Space, academic tutor contact with your mentor. 

Time commitment This module notionally takes 200 hours to complete. 

LAF106/LAF107

Workplace-based project (2)

Workplace project 2 is made up of two modules. LAF106 allows you create a project scope and plan, which is then completed in LAF107.

You will work with your organisational sponsor and Leasing Foundation mentor to identify a suitable project that matches your interests, the context of your organisation and explores a relevant industry theme. The aim of the project is to integrate the skills and knowledge you have gained by application to a project related to leasing and asset finance in the context of your own organisation.

Aims of the Modules 
– to help you identify and analyse a topic in leasing and asset finance based around current organisational developments
– to allow you to communicate the analysis through a variety of materials
– to support you in discussing and exploring this analysis in a group setting.

Credits LAF106 is a 10 credit module and LAF107 is a 30 credit module.

Delivery These modules are delivered via on-line supervision, mentoring and a 2 day residential sandpit in LAF107. 

Time commitment These modules notionally take 400 hours to complete. 


Part 3 Modules

three

LAF108

MA project 

Your part 3 MA project is a substantial piece of research and analysis centred on the context of your own organisation, challenges for leadership in that context, relevant innovation and organisational design issues and the impacts on the industry.

Your academic advisor, working alongside your Foundation mentor and your company sponsor, will advise you on shaping the project and supporting you through to completion. The project could take a number of forms, including a dissertation, case study, strategy document or consultancy project. You will be encouraged to shape your project around the strategically important issues facing your business.

The project includes a residential sandpit meeting that provides an opportunity to share your knowledge and insights with fellow students, your academic advisors, the Falmouth University academic community and mentors from the Foundation.

Time commitment This module notionally takes 600 hours to complete. 

TEACHING AND LEARNING

TEACHING AND LEARNING 
The MA Business Finance Innovation adopts a learning approach centred on:
  • integration with your workplace experience
  • exploiting your existing knowledge of your organisation’s market context and business model
  • mentoring and support from the Leasing Foundation’s Fellows
  • collaborative learning by sharing your work with your peers

KNOWLEDGE BENCHMARKING

The course is benchmarked against the Quality Assurance Agency (QAA)’s subject benchmark statement for Business and Management, part of the UK Quality Code for Higher Education, that defines what can be expected of a graduate in the subject, in terms of what they might know, do and understand at the end of their studies.

INDUSTRY OVERSIGHT

The course is overseen by an industry advisory group led by Ian Smith, CEO of 1pm plc, whose role is to ensure the course is innovative and remains relevant to the latest industry developments.

WORKPLACE LEARNING
We recognise that effective modern learning is connected to the workplace and therefore your course is centred on projects based in your workplace. You will be expected to identify an organisational sponsor from your own organisation (often your line manager) who will facilitate your projects.

MENTORING
You will be supported by mentors from the Leasing Foundation, who are all experienced industry professionals from across the industry, and academic advisors from Falmouth University.

LEARNING EXPERIENCES
You will collaborate in a variety of online learning activities, including webinars and online discussion groups, plus undertake residential workshops (sandpits) that will challenge your thinking and further develop your ideas and interests.

ASSESSMENT METHODS
Your learning will be rigorously assessed using a variety of methods including individual written reports, presentationsonline and face to face contributions to group discussion and debate and podcasts.

THE ENTRY REQUIREMENTS

IS THIS COURSE FOR ME?
This course is suitable for you if you are already working in the business finance industry.

You may be working at any level and in any area of your business, including marketing, underwriting, technology, human resources or customer services. You might have experience in banking, specialist commercial finance, lending or finance broking, or in specialist areas such as equipment leasing or professional finance. 

You might, but not necessarily, have a first degree in business, finance or a related area, a related professional qualification (such as the Professional Certificate in Banking), or any of a number of lower-level qualifications such as the FLA Diploma in Asset Finance. 

CAN I GET CREDIT FOR MY PREVIOUS EXPERIENCE OR QUALIFICATIONS?
If you have appropriate experience and qualifications you can use them to be awarded a maximum of 60 credits towards the 180 credits needed for the MA through an APEL (Accreditation of Prior Experiential Learning) or APL (Accreditation of Prior Learning) process. If you wish to claim credit you will be asked to demonstrate that your prior experience and learning is relevant, current and at an appropriate level. The university will advise you in detail on the process of claiming credit for your prior experience and qualifications when you apply. 

WHAT QUALIFICATION DO I GET ON SUCESSFULLY COMPLETING THE COURSE?
You will be awarded an MA (Master of Arts) on successful completion of the course. If you are subsequently unable to complete the MA you may be awarded a PGCert or PGDip qualification.

HOW DO I APPLY?
You will apply via Falmouth University’s online application system. You may also be interviewed by Falmouth University academic staff and by Professor Peter Thomas from The Leasing Foundation. The interview may be in person or online.

WHAT WILL THIS COURSE COST?
The total cost of tuition for this course if you complete the MA (part-time) is £8,000. This comprises a fee of £2,667 for each of the three parts.

You will also be required to pay travel and accommodation costs for the 2-day residential sandpit at each level. You will require a minimum of two nights (Friday-Saturday) accommodation in Falmouth or nearby. Hotel prices range from £50-150 per night.

You may also pay a fee for assessment of prior experience and qualifications and the university will discuss this fee when you apply.

There are a variety of payment arrangements, including by instalment, an upfront single payment or payment at the start of each part of the course. The university will discuss the options with you when you apply.

THE CAREER OUTCOMES

The course focuses on innovation, disruption and change in business finance and provides the most up-to-date high-level learning and development opportunity for professionals who want to influence change in the industry. 

The course will provide you with opportunities for career progression by giving you high level knowledge and valuable skills and increase your visibility in your organisation and in the industry. 

Successful completion demonstrates your commitment to continued professional updating, your focus on personal achievement and your knowledge of contemporary and emerging industry developments. Studying the MA also provides entry to the vibrant and growing community of professionals who are part of the Leasing Foundation’s global network, so increasing your visibility.

If you successfully complete the course we would expect you to be more employable in a wider variety of industry segments or to be more successful in accelerating your career with your current employer.


TO LEARN MORE ABOUT THE COURSE, AND FOR AN INFORMAL DISCUSSION ABOUT ENTRY REQUIREMENTS, CORPORATE PARTNERSHIPS OR WORKING WITH THE MA BUSINESS FINANCE INNOVATION, CONTACT

PETER THOMAS

Executive Director, The Leasing Foundation, visiting professor of Financial Innovation.

Peter Thomas

peter.thomas@leasingfoundation.org



+44 7597 570095

CONTACT

JEREMY RICHARDS

MBA Director, Falmouth University.

JEREMY RICHARDS

jeremy.richards@falmouth.ac.uk



01326 370463

CONTACT

Please refer to the Falmouth University web site at http://www.falmouth.ac.uk for general information on programmes of study, eligibility requirements, fees and terms and conditions relevant to studying at Falmouth University.