MSc Banking and Finance
The Banking and Finance MSc programme provides participants with an opportunity to critically analyse the role of banking within international financial markets, notably the management of asset-specific, company and country risk. Attention is also placed on developing a contemporary empirical understanding of the behaviour of international financial markets, alongside providing candidates with the ICT and research skills required by employers in this highly competitive sector.
Worldwide growth in the financial services sector has furthered the demand for students with specialist skills and competencies in banking and finance. This programme builds on the School's established research strengths in economics and finance with teaching informed by the Finance and Financial Economics research group. The programme is responsive to trends and issues in global financial services industries.
Who is the programme for?
Closely related to the School's Finance MSc, and in response to strong demand for specialist skills in banking, this programme is aimed at students interested in central, investment or retail banking as well as broader finance topics.
Graduates from this programme have undertaken various roles including: an accountant; a relationship manager; a fund manager; and an auditor (HESA DLHE survey).
The programme is modular in structure, comprising 180 credits, which are studied on a full-time basis over 12 months.
All students will take the following compulsory modules (150 credits):
- Semester one:
- Introductory econometrics (10 credits)
- Research methods in economics and finance (10 credits)
- Retail and investment banking (10 credits)
- Modules taught in both semester one and semester two:
- Financial theory and corporate policy (20 credits)
- Financial derivatives (20 credits)
- Semester two:
- Central banking (10 credits)
- Applied economics (10 credits)
- Semester three:
- Dissertation (60 credits)
- Students will further take optional modules to a value of 30 credits from the following:
- International money and banking (10 credits)
- Time-series econometrics (10 credits)
- Behavioural finance (10 credits)
- Risk modelling (10 credits)
- Legal and regulatory aspects of money laundering and financial crime (10 credits)
- International finance (10 credits)
- Cross sectional and panel econometrics (10 credits)
- Introduction to financial reporting (10 credits)
Modules will be offered subject to availability.
Applicants should normally hold an upper-second class degree (2:1 level) or international equivalent. Background in a relevant area (such as, accounting, economics or finance) is preferable.
Mathematical education as a part of first degree is required. Applications need to demonstrate a firm grasp of basic calculus, probability theory and statistical inference. If this is not clearly evident from your transcripts, please use your personal statement to give details of your mathematical knowledge.
Every application is considered on an individual basis and applicants who narrowly miss the academic entry criteria may be eligible for admission at the discretion of the selector.
Applicants whose first language is not English require IELTS 6.5 or equivalent, with a minimum of 6.0 in all sub-scores. Pre-sessional courses in English language are provided by the University if required and successful completion of these may be a condition of entry.
This school offers programs in: