MSc in Banking and Finance
This MSc develops the knowledge and analytical skills needed for a successful career in banking, finance and related areas. It is aimed at students from a variety of backgrounds, including students with no previous training in economics or accountancy.
The overall objective of the course is to impart the knowledge and skills needed for a successful career in banking and finance, or a related field. Developments in banking and finance are occurring rapidly, and with growing complexity. So people working in this area must be able to understand and analyse current developments, and also be able to anticipate future developments. The course is designed for students from a variety of backgrounds, and does not require any previous training in economics or accountancy.
The specific objectives of the course are:
- to provide knowledge and understanding of the nature of financial systems, and the particular roles of banks and the central bank
- to develop the capacity to appraise and compile economic and financial reports
- to understand those aspects of economics that are most relevant for a career in banking and finance
- to develop an appreciation of the international dimension of financial systems
- to develop the ability to apply appropriate risk management techniques
- to develop the capacity to understand, assess and comment on company accounts
- to develop the facility to use spreadsheets and econometric techniques to analyse corporate performance, and to identify trends in financial markets
- to develop the ability to appraise investment projects with capital budgeting techniques
- to develop an understanding of the key financial decisions made by corporations, and their use of the equity and bond markets to raise finance
- to provide knowledge and understanding of different types of banking and financial systems, including those in emerging countries and countries in transition
- to provide an understanding of the theory, methodology and techniques of research in banking and finance, and also of the potential limitations of this research
Structure and content
September 2014 saw the introduction of an intensive and invigorating period of ‘learning to learn’ for Stirling Management School’s postgraduate students. Activities, workshops and information sessions were held during this period to help students better prepare for the year ahead in order to ensure that they make the most of their time at Stirling.
By the end of this period, students were fully prepared to embark upon the formal teaching course invigorated and committed to the journey ahead with newly developed skills.
Providing students with the very best start to their studies, these activities support students to:
- discover more about the exciting period of learning ahead;
- develop an understanding of the course expectations;
- get to know the teaching team and support staff;
- learn more about a diverse range of approaches to learning;
- understand what it takes to work as part of a successful team;
- develop presentation skills and build confidence in public speaking;
- learn about cultural and individual differences;
- discover all that the University campus and the vibrant city of Stirling has to offer;
- maximise their time studying at Stirling;
- have fun and make new friends.
Students were introduced to their course, fellow students and the University by taking part in the Stirling Management School Flying Start Leadership Programme. This induction enabled students to develop skills to get the most out of their studies and to progress quickly in their career.
Delivery and assessment
Modules are taught by a combination of lectures and small group teaching, in the form of seminars, workshops or computing labs. Assessment in most modules includes coursework, often a mid-semester test, and an end-of-semester examination. Resit examinations are available.
Successful completion of the taught element of the course leads to the award of the Diploma or allows you to continue for the award of the MSc by completing dissertation based on an original research question agreed by yourself and your supervisor. The project should reflect your own understanding and knowledge of selected topics learnt during taught modules.
There is an excellent employment record among graduates, many of whom now work in financial institutions in the UK and abroad.
MSc Banking & Finance graduates are currently working around the world in countries such as Kenya, Indonesia, China, India, Norway, Ghana, Turkey, Greece and Malta. They are actively contributing to the performance of the following organisations: Alpha Bank, Ministry of Finance, Greece, Citibank, Santander, Ernst & Young, HSBC, Jones, Lang LaSalle, Grant Thornton UK LLP, Bank of China, Vodaphone, CITIC Trust, Emporiki Asset Management.
- 2016/17 Overseas £13,950
- 2016/17 Home/EU £6,100
- 2015/16 Overseas £13,500
- 2015/16 Home/EU £6,000
A minimum of a second class Honours degree or equivalent. Applicants without these formal qualifications but with significant appropriate/relevant work/life experience are encouraged to apply.
English language requirements
If English is not your first language you must have one of the following qualifications as evidence of your English language skills:
- IELTS: 6.0 with 5.5 minimum in each skill
- Cambridge Certificate of Proficiency in English (CPE): Grade C
- Cambridge Certificate of Advanced English (CAE): Grade C
- Pearson Test of English (Academic): 54 with 51 in each component
- IBT TOEFL: 80 with no subtest less than 17
If you don’t meet the required score you may be able to register for one of our pre-sessional English courses. To register you must hold a conditional offer for your course and have an IELTS score 0.5 or 1.0 below the required standard.
This school offers programs in: