MSc in International Economics, Banking and Finance

General

Program Description

MSc in International Economics, Banking and Finance

The MSc in International Economics, Banking and Finance provides a rigorous training in modern economic and financial methods as they are applied to monetary, banking, financial and international economic problems in the real world.

Why study the MSc in International Economics, Banking and Finance?

The programme is designed for recent graduates with solid quantitative skills, who want to specialise in the money and banking field. It is also of interest to those who graduated less recently and who are currently working in a financial institution or other private or public sector body, such as a central bank or national treasury.

The challenging mixture of theoretical and applied elements will equip you for a responsible post in the financial and commercial worlds.

About the MSc in International Economics, Banking and Finance programme

This programme was one of the first finance oriented degrees to be offered in the UK and Cardiff Business School has over 20 years of experience in producing first class graduates from the programme.

The programme:

  • prepares students to work as analysts in the banking and financial industry
  • exposes students who do not necessarily have an undergraduate specialism in economics to the 'big picture' of the macroeconomy, monetary policy and the international economy, in which the banking and financial sector operates
  • trains students in the tools of analysis used to understand banking behaviour, decision making under uncertainty and risk management

Benefits of studying the MSc in International Economics, Banking and Finance

  • Graduates have a good employment rate with alumni working in the European Commission, Eurobank, Bank of England and Chinese financial institutions amongst many others
  • Candidates make extensive use of the Business School's Trading Room as part of the programme
  • Students benefit from a residential workshop in Gregynog Hall, to prepare them fully for the dissertation phase
  • The programme features faculty who are leading experts in their field, with seminars given by both academics and industry experts
  • The programme is designed for students both from developed and developing countries. Approximately 50% of the cohort have significant work experience in the financial industry, creating a diverse experience

A Residential Programme

A residential programme is provided as an integral element of the programme, with no additional charge. Students spend three days at Gregynog Hall, a converted stately home in Mid-Wales. During the trip, guest lecturers give insights into their business experiences and a series of case-based practical sessions give students the opportunity to practice their negotiating and conflict resolution skills.

Programme Structure

Students follow four core modules in the first semester and three core modules and one elective module in the second semester.

Semester 1

  • Macroeconomics
  • Microeconomics: Economics of Uncertainty
  • Principles of Finance
  • Quantitative Methods

Semester 2

  • International Banking
  • Issues in Money and Banking
  • Principles of Money and Banking

and one optional module from

  • Development Finance
  • Economic Forecasting
  • International Finance
  • International Trade
  • Investment and Electronic Trading
  • Marketing of Financial Services

Students must achieve a satisfactory standard in assessed work and examinations covering the taught component in order to move on to the dissertation stage.

Dissertation

This requires students to produce a 15,000 - 20,000 word dissertation.

Career Prospects

Graduates from this degree have gone on to work as bank risk managers, financial analysts, central bankers, bank regulators and to undertake further research at PhD level.

Key facts

We require at least an upper second class Honours degree or equivalent

IELTS: 6.5

Tuition fees: £6,345 (UK/EU), £16,470 (Rest of the world)

Last updated January 2018

About the School

Our world-leading research was ranked 5th amongst UK universities in the 2014 Research Excellence Framework for quality and 2nd for impact. We provide an educationally outstanding experience for our s ... Read More

Our world-leading research was ranked 5th amongst UK universities in the 2014 Research Excellence Framework for quality and 2nd for impact. We provide an educationally outstanding experience for our students. Read less