Our MSc Banking and Finance programme will equip you with the practical skills to understand and model banking and financial markets, using the toolkit of economics. You will learn how the actions of governments, firms, households, and financial intermediaries affect national and global financial, bond, and foreign exchange markets.

In addition to this, you will be exposed to the theory and practice of bank credit and lending, as well as financial institution risk management. This programme is ideal for those who wish to pursue a career in financial services, international financial management, or central banking and financial regulation.

Our modules are underpinned by the latest research and best practice, having been designed to provide you with up-to-date and relevant knowledge of banking, finance and research methods. There is also some opportunity to choose optional modules that will enable you to specialise in the areas of economics, banking and finance that best suit your career ambitions and interests.

Learning, teaching and assessment

Teaching on the Banking and Finance programme is provided by our world-renowned specialist staff using a number of methods, including lectures, seminars, group work, feedback forums, one-to-one sessions with programme tutors, and workshops. Modules are assessed by a combination of examinations and skills-based coursework.

Semester 1

Compulsory modules

  • Financial Economics
  • Economic Data Analysis
  • The Financial System
  • Research Communication (two-semester module)

Optional modules (choose one)

  • Macroeconomic Policy and Financial Markets
  • Economics of Firms and Markets

Semester 2

Compulsory modules

  • Banking and Financial Markets
  • Applied Financial Econometrics
  • Research Communication (two-semester module)

Optional modules (choose two)

  • Risk Management and Derivatives
  • Corporate Finance
  • International Money and Finance

Summer period

Compulsory modules

  • Banking and Finance in Practice

Optional modules (choose one)

  • Economics Research Project
  • Applied Research Practice Seminars
  • The School reserves the right to vary the list of all modules.

Entry criteria

An honours degree (2:1 or above) or equivalent overseas qualification in economics, business (with a strong quantitative component), finance, management science, operations research, mathematics, physics, and engineering. Applicants from other degree disciplines may be considered, but as for all applicants, good (2:1 or above) grades in relevant mathematics/statistics modules are expected.

English language requirement for international students

IELTS: overall 6.5 with minimum 6.0 in each component.

The School will accept lower IELTS scores if you undertake the University's pre-sessional English course.

TOEFL: overall score of 92, and no sub-test score below 22.

Program taught in:

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Last updated December 11, 2018
This course is Campus based
Start Date
1 year
13,400 GBP
21,900 GBP (International fee)
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MSc Banking and Finance