The purpose of the MIF pre-course training is to prepare you for the MIF course programme and to bring you up to speed with fundamentals of finance, financial accounting, and quantitative methods and research skills. The MIF pre-course training takes place during the summer months (and, if you wish to start earlier, spring months).
Welcome to the MIF pre-course training!
The purpose of the MIF pre-course training is to prepare you for the MIF course programme and to bring you up to speed with fundamentals of finance, financial accounting, and quantitative methods and research skills. The MIF pre-course training is an online preparatory course. The material is available to all newly enrolled MIF candidates starting from spring months.
On-campus presence is not required, as courses are facilitated entirely through an online learning platform. The programme is designed in a way such that you can study at your own pace – whereever and whenever you want. Full-time delegates holding a research university bachelor’s degree (or higher) in finance or economics/business with substantial coverage of corporate finance, investments, financial accounting, and econometrics and/or statistics/quantitative methods will be exempted from the MIF pre-course training. However, we would recommend all incoming delegates to use the platform in order to review and update your background and knowledge before the start of the regular MIF course programme.
The MIF pre-course training consists of three courses, (i) Fundamentals of Finance, (ii) Financial Accounting, and (iii) Quantitative Methods & Research Skills.
The Fundamentals of Finance course covers basic corporate finance and investments. Topics include:
The Financial Accounting course covers the following topics:
The Quantitative Methods & Research Skills course covers the following topics:
The pre-course training is designed such that you can complete all courses over a period of 2-3 months with a weekly workload of about 10-15 hours. This is rough indication—no universal and precise answer can be given, as it will depend very much on your background.
The MIF pre-course training does not require on-campus presence, as courses are facilitated through an online learning platform. The programme is designed in way such that you can study completely at your own pace. For each course, there will be a multiple choice exam. Exams are graded on a pass/fail basis; in case of a “fail” you will have the opportunity to take a retake exam. For each course, there will be one retake exam.
The MIF pre-course training will have its own website at Amsterdam Business School’s e-learning environment. At this website, you will find a study guide/plan, reading material, web resources, etc. The Fundamentals of Finance course will make use of MyFinanceLab, an online learning facility by Pearson Education. You will have to complete and submit several assignments through this facility.
Yes, all incoming delegates will have access to the pre-course training online platform. In fact, we strongly recommend all delegates to use the platform in order to review their knowledge and background before the start of the regular MIF course programme. For more specific information, see the course site.
The Fundamentals of Finance course requires you to purchase the following book:
Berk/DeMarzo, 2017, Corporate Finance, 4th Global Edition, Pearson Education (with MyFinanceLab access card), ISBN 9781292163031
Make sure that you purchase the book together with the sealed MyFinanceLab (MFL) access code card. The access code card gives you access to MFL, an online learning facility of Pearson Education, which the Fundamentals of Finance course will make use of. Both the book and MFL will be used in various courses of the MIF programme. The Fundamentals of Finance course has a specific online course at MFL. You will have to register to this course using your MFL student access code card. See the course site for more information on this and how to register.
You can buy the book online, e.g., here:
If you prefer, you may purchase an electronic version of the book. In this case, you may have to purchase the MFL access card separately.
Important note: The book’s authors have several other textbooks in corporate finance, such as “Corporate Finance: The Core”, “Fundamentals of Financial Management”, and “Fundamentals of Corporate Finance”. These books differ from the book mentioned above (titled “Corporate Finance”), so be careful to not accidentally purchase the wrong book.
The Financial Accounting course will make use of an online course in financial accounting. Purchase of a textbook is not required.
The Quantitative Methods & Research Skills course does not require purchase of a book. A reader will be made available. You will be asked to review this reader and practice your knowledge doing some exercises. The following topics will be covered:
To follow the MIF pre-course training you need to have access to the Internet, a PC or Mac, Excel and a printer (ideally).
There is no additional fee for the MIF pre-course training. However, upon admission to the MIF programme, we require payment of a non-refundable enrollment fee to secure your place in the MIF programme. The enrollment fee is to be paid before the deadline mentioned in your admission letter and is part of your overall tuition fee. The remainder of your tuition fee is to be paid in installments over the course of the programme. In the unlikely event that you do not pass the MIF pre-course training, the enrollment fee, being non-refundable, cannot be refunded.
While the enrollment is normally non-refundable, we do refund this fee if it turns out that you cannot participate in the MIF programme due to higher forces, circumstances outside your control (such as inability to obtain the necessary visa even though you have taken great care in managing the corresponding process), or exceptional personal circumstances (such as illness). Whether a refund can be given is at the discretion of the Programme Management. The Programme Management may ask for supporting evidence and/or certificates.