Triple accredited, the MSc International Banking, Finance and Risk Management aims to develop graduates who will be well positioned to succeed in the dynamic international, finance sector.
We work closely with leading financial services organisations to ensure our programme reflects current issues in the international financial market.
Our programme provides you with a comprehensive knowledge of domestic and international bank operations, financial risk management, and investment banking, as well as the practical skills in financial and analytical techniques and their use in banking. By combining the latest academic thinking with a focus on current industry practice, we ensure our graduates are well-equipped to take advantage of employment opportunities worldwide.
Our diverse teaching team has academic, industry and research experience across a wide range of disciplines in the public, private and voluntary sectors. You will also benefit from our well-established links with the financial services industry, who contribute to the programme through guest lectures, masterclasses and live case studies.
Our programme is designed to enhance career prospects for both graduates pursuing a career in banking and finance and practitioners currently in the industry who wish to increase their knowledge and expertise.
Educational Aims of the Programme
The MSc International Banking, Finance and Risk Management is in line with the University mission to provide flexible, lifelong learning opportunities to students from a wide variety of backgrounds and at different stages of their lives and to provide opportunities for students to follow the University’s programmes through different modes of study whether on campus. It has been developed around a strategy of providing students with knowledge and understanding of the management, operations and risks of banks firms both in an international and domestic setting. Thus, the MSc introduces students to bank operations management and the risks associated with these operations, both financial and non-financial. This strategy underpins the aims and objectives of the programme.
The general aim of the MSc is to provide students with an opportunity to broaden and enhance their knowledge, understanding and skills in the area of domestic and international banking and banking management and risk and to ensure that the quality of provision is maintained and enhanced. More specifically, the Programme aims to provide students with:
- exposure to a broad range of contemporary banking subject areas*;
- the opportunity to acquire and develop skills in the area of banking, finance, bank operations, and banking risk management*;
- an ability to utilise analytical and qualitative techniques in a banking setting*;
- the ability to analyse bank management in an international context*;
- an ability to understand and evaluate financial regulation*;
- knowledge and understanding of financial securities and their use in the banking firm*;
- a critical understanding of ethical and professional behaviour in business the nature of corporate governance and accountability*;
- an ability to analyse operational risk in a bank setting*;
- an understanding of the practical operations of financial markets*;
- a range of transferable skills including critical thinking, numerical, presentation, information technology and independent learning skills*;
- a critical understanding of research methodology; elements of effective self-management in the workplace including:
- the ability to analyse elements of effective interpersonal relationships in the workplace;
- individual strategies and techniques for self-development and qualities of personal leadership approaches and their impacts on others*;
- a foundation for further study or professional employment*.
At the end of their period of study students will be able to:
- explain both the fundamental and advanced aspects of domestic and international bank management, operations and risk measurement and management*;
- apply relevant analytical techniques in order to analyse problems and issues arising within banking firms*;
- evaluate theory through critical appraisal of current research in the area of banking*;
- extrapolate from existing research and scholarship, practice and international developments to identify approaches to improve standards of performance and accountability and ethical issues*;
- explain and apply current and relevant theories in financial regulation in practical settings*;
- utilise financial securities within a bank management setting*;
- apply operational risk techniques within a banking firm*;
- critically discuss the operations process of financial markets*;
- select and utilise relevant research methodology in order to analyse key issues in banking firms;
- utilise current theories of effective self-management in order to help progress their career*;
- utilise enhanced transferable skills, namely communication, group working, independent learning, information and computer technology in the learning process*.
*Students will gain a combination of these Aims and Objectives dependent upon their time of exit. Those graduating with Masters will be subject to ALL the aims and objectives stated above. Those exiting with a Postgraduate Certificate or Postgraduate Diploma will be subject to the aims and objectives that have a 1 beside them. The actual aims and objectives can only be identified after exit and examination of which modules they have successfully attained a passing grade. Note, however, that all students undertaking all taught modules will be exposed to all the Aims and Objectives.
You will develop a critical awareness of the management of large commercial banks both their operations and how this exposes them to risk. This will include a look at the theory behind retail banks and an overview of the sector.
Bank Operational Risk and Global Operations Management
The module will equip you with an understanding of the operational risk and management by analysis of the main operations of banks such as settlement and clearance in both EU and emerging markets, the conduct of business, client asset rules and custody.
Financial Services Regulation
Focuses on banking regulation and conduct of business regulation, as well as setting all of this material within the broader framework of international developments in financial regulation.
Financial Securities Analysis
This module will focus on pricing and placement of financial instruments and how they are traded upon financial markets. You will also study debt, equity, and risk and return.
Ethics and Corporate Governance
This module explores the key issues in corporate governance and the extent to which the arrangements currently in place secure corporate accountability.
Personal and Professional Development
Enables you to identify, understand, develop and articulate your personal abilities in the context of your future career aspirations.
Develops advanced skills related to a range of research methods needed for academic and practical research at Masters level.
The final element of the programme is the dissertation, which provides you with an opportunity to design and undertake a piece of original research in a selective area of banking, finance and risk.
Institute of Operational Risk
Through our accreditation from the Institute of Operational Risk, you have access to a widely recognised professional institute, best practices, knowledge sharing centre and events.
Chartered Insurance Institute (CII)
As an accredited programme, graduates of our MSc International Banking Finance and Risk Management programme may accrue up to 60 non-specific credits at Advanced Diploma level in either the Insurance or Financial Services qualifications framework of the CII.
Cost & Fees
Tuition fees need to be paid to the university however some students are eligible for tuition fee support. The fees and financial support that are relevant to you depend on where you lived before coming to university.
||Annual tuition fees (Full-time)
||Average annual tuition fees (Part-time)
|UK (including Scotland) and Europe
|International (outside Europe)
All entry requirements listed here represent the requirements for entry to the programme that are normally sought. The Admissions Team may assess additional evidence to assess your eligibility, however, depending upon your full academic/employment background.
Typical Entry Requirements
UK Honours degree 2:2 (or equivalent) in financial services, insurance banking, actuarial studies, business management, economics, finance, accounting, investment, maths or any financial services related subject. Applicants with a 2.2 Honours degree an unrelated subject wishing to move into this area may be considered.
Other academic and vocational qualifications
Each application to GCU is considered on an individual basis. If you do not have the typical academic entry qualifications, but can demonstrate relevant work experience and/or credits from recognised professional bodies, you may be eligible to enter this course via the University's Recognition of Prior Learning scheme.
An academic IELTS score of 6.0 (or equivalent) is required, with no element less than 5.5.
For international students who do not meet the minimum English language requirements, we offer Pre-sessional English language courses to help you improve your English language skills.
If you do not qualify for direct entry, INTO Glasgow Caledonian University offers a Graduate Diploma Programme. This course offers a route to Glasgow Caledonian University through an excellent teaching and learning experience located in a purpose built study facilities. Successful completion of the Graduate Diploma Programme at INTO Glasgow Caledonian University to the standard required provides guaranteed progression to this degree.
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