The MSc in Banking & Finance draws upon the many years of experience held by The London Institute of Banking & Finance in educating professionals in banking as well as our unrivalled understanding of the financial services industry, supported by a strong group of academics with first-hand knowledge and industry experience.
The London Institute of Banking & Finance has made employability a cornerstone of all our programmes and is focused on producing graduates that have the critical combination of knowledge, practical skills, and understanding that can be applied in the professional world. The MSc in Banking & Finance crucially reflects what employers tell us they are looking for from potential recruits.
The MSc in Banking & Finance offers very specialised modules which expose you to state of the art theories and empirical applications in banking and finance, using real-life cases and examples, advanced financial modelling techniques, and databases. The programme allows you to develop both theoretical and applied perspectives as well as a range of specialist skills which you will be able to apply to any organisation in the financial services industry. The programme provides you with a deep knowledge and practical understanding of financial markets and the international, economic, and regulatory environments in which organisations operate. The programme encourages critical analysis and evaluation of complex situations involving strategic, financial, and risk management decisions of firms and financial institutions using appropriate techniques. The programme also provides you with advanced modelling and valuation tools to perform security analysis and valuation, including fixed income, equity and derivatives, and portfolio management. The modules facilitate student engagement and interaction both in class and outside, notably via forums but also through group work, e.g., case study, trading game.
The MSc in Banking & Finance aims to:
- Enable you to develop a broad and comprehensive knowledge and understanding of core areas of banking and finance that underpin sound decision-making.
- Provide you with opportunities to investigate and analyse a range of issues relating to financial markets, the financial services industry and its environment, both local and global, to engage in practitioner debate, and to critique theory in the light of practice (and vice versa).
- Enable you to apply both academic tools and industry methodologies to critically analyse and evaluate operational and strategic decision-making in banking and finance.
- Develop your ability to work at the frontiers of knowledge and understanding of banking and finance, and to apply this knowledge and understanding systematically and creatively to new, complex, and unpredictable circumstances in order to improve the practice of banking and finance.
- Provide you with the opportunity to evaluate the impact of changing customer demand, regulatory change and risk management on the practice of banking and finance.
- Develop your knowledge and understanding of the interrelationships between strategic and operational decision-making and risk management in different economic and business contexts, both locally and globally.
- Give you insights into and the understanding of the local/global tensions in banking and finance.
- Support your understanding of and reflections on ethical and good governance issues within banking and finance, and the range of means to manage and account for them.
- Enable you to critically analyse relevant strategies in other sectors of the economy and evaluate their appropriateness/impact in the financial services sector.
- Enhance your suitability for senior management roles within banking and finance.
- Enhance your ability to become an autonomous and self-directed learner, able to manage your own professional development throughout your working life.
The MSc in Banking & Finance is targeted at individuals either in senior management positions within the financial services industry, or those aspiring to such roles. You may already be employed within the financial services sector at the time of entry to the course or wishing to enter the industry, post-Masters. The emphasis of the programme is on helping you to develop a broader and more reflective understanding of issues related to the practice of banking and finance.
The compulsory modules are intended to provide you with the key analytical and underpinning knowledge frameworks, which provide a firm base for a broad range of subject disciplines relevant to the financial services industry, namely Financial Markets, Institutions & Instruments; Bank Risk Management & Regulation; Corporate Finance; Economics; and Leadership in Financial Services.
The optional modules build upon the underpinning knowledge and skills already acquired in the degree. The options have a more specialised technical orientation and are designed to specifically apply, reflect upon and evaluate theory and practice relevant to the financial services industry. It is recognised that there are essentially two areas of specialisation, Commercial & Corporate Banking and Investment Management, according to different career aspirations.
The degree is not primarily aimed at providing support towards an academic career, although you may wish to pursue that route and the inclusion of the dissertation with associated research training encourages such ambitions.
Careers and Employability
Our expert Careers and Employability team is on hand to help you develop your career plan, develop a job strategy, build your professional network and connect you with timely opportunities for professional development and employment post-graduation. We work with SMEs and leading employers in the financial services sector and can connect you with opportunities both within the UK and abroad.
Our services include:
- Individual career coaching with our Head of Careers
- A CV and cover letter development service
- Internships and graduate support with job searching
- Mock interviews
- Weekly Masters jobs alert
- On-campus employer events
- Mentoring programmes
The MSc Careers and Employability Training programme is built into your timetable and will cover the following workshops:
- Introduction to career development and planning
- CVs and cover letters
- Building your personal branding and networking
- LinkedIn career development
- Market overview of financial services and banking careers
- Careers in consulting
- Informational interviewing
- How to work with search firms
- Assessment centre training
- Mock interviews
- Building career resilience
Alongside these workshops, as a student of The London Institute of Banking & Finance you will have full access to all of our professional networking events.
Assessments range from reports, projects, case studies, essays, closed-book examinations and research proposals. The assessments are designed to be as authentic as possible to the kind of tasks that you may be expected to undertake in your workplace.
All modules are taught through a combination of classroom presentation, group activities and real-time tutorials.
Support & Guidance
There is a wealth of support available through our Student Centre on campus. Help is available with pastoral matters, academic issues, career guidance and student engagement activities. Our academics are easily accessible for personal tutor meetings and can provide further support and advice on any aspect of your studies.
We offer all our students access to our e-Mentoring platform. Future Self Mentors are made up of individuals who are equipped to support you with study skills, motivation and time management. As our mentors are already working within the financial services industry they can also provide advice and guidance on career development and securing employment opportunities.
Normally a 2.1 Honours degree (or equivalent) from a recognised institution. Degrees should be in a field of business, finance, or economics. However, exceptions are willingly considered if an appropriate level of mathematical skill can be demonstrated. A sample mathematical paper is available to test your skills and we encourage inquiries if this is your background.
Applicants for whom English is not their first language would be expected to demonstrate their competence through achieving an IELTS score of 7.0 or above with no element below 6.5 (or equivalent).
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