Master’s Programme in Banking and Finance


Program Description

With a challenging curriculum, the Master’s Programme in Banking and Finance (MBF) is one of the leading international finance programmes. It ranked 6th in the Financial Times Ranking 2019.
In the fields of Financial Markets, Financial Institutions, Corporate Finance and Quantitative Methods, the programme offers high-quality education in both theory and application. It is designed to train our students in the critical reflection of various concepts and approaches prevailing in financial theory and practice.
Educational goals
The programme’s educational goals encompass three dimensions:
1. Functional dimension
An understanding of the function and importance of financial intermediation in the context of the present and future development of economic systems and its integration in the social, legal and political sphere.
2. Instrumental dimension
Knowledge of the theory and application of financial markets, characteristics and implementation of modern financial instruments, and the core functions of modern financial management.
3. Institutional dimension
Knowledge of the core functions of planning, steering and supervision of financial institutions and their strategic business units.
CFA & CAIA programme partnerships
The MBF programme is an official programme partner of the CFA Institute and the CAIA Association. The MBF programme covers more than 70% of the candidate body of knowledge for all three levels of the CFA programme. These partnerships enable the MBF to award CFA and CAIA fellowships each year to outstanding MBF students who embark on the programme.
Curriculum: contents and structure
The MBF programme has a clear and flexible structure. The core studies are made up of three compulsory courses and a wide choice of electives including a research seminar and the Master’s thesis.
Compulsory subjects
In the first semester of the programme, students attend the compulsory courses Financial Markets, Financial Institutions, and Quantitative Methods. In these challenging courses, the essential knowledge of finance will be acquired.
Core electives
In the second and third semesters, students may design their individual curriculum according to their preferences and can choose several core electives in order to focus on financial markets, corporate finance, institutions or methods. They can freely combine courses from our long list of core electives.
Research seminar
In the research seminar, students are required to write a seminar paper with a research focus and they have to present their findings. In combination with the Master’s thesis, the MBF, therefore, provides a thorough preparation for a Ph.D.
Independent electives
Independent electives create additional choices: students may either attend further core electives of the MBF or courses of other Master’s programmes.
Career perspectives
MBF graduates are prepared for the financial challenges of the future both in Switzerland and around the world. They are well equipped to:
• take up jobs in financial institutions such as banks, insurance companies, asset management firms, etc;
• work for consulting firms;
• work as auditors in the fields of banking and insurance;
• go into the finance or strategy departments of industrial corporations;
• pursue an academic career in finance, banking or insurance management in the context of doctoral studies (Ph.D.).
International exchange programmes
MBF students are offered an opportunity to participate in the following double degree and exchange programmes:
• Double degree programmes with ESADE, Barcelona, Spain; HEC, Paris, France; RSM Erasmus University, Rotterdam, Netherlands; Università Commerciale Luigi Bocconi, Milan, Italy; and FGV-EAESP, São Paulo, Brazil
• Exchange programmes with approx. 200 partner universities
Admission to the MBF programme:
Please consult our website for the latest detailed admission criteria.
Last updated Jan 2020

About the School

With success: the University of St.Gallen has constantly been ranked among the top business schools in Europe. The Master's Programme in Strategy and International Management is ranked 1st worldwide i ... Read More

With success: the University of St.Gallen has constantly been ranked among the top business schools in Europe. The Master's Programme in Strategy and International Management is ranked 1st worldwide in the Financial Times Masters in Management Ranking. The Master in Banking and Finance is ranked 6th in the FT Masters in Finance Ranking. International accreditations by EQUIS, AACSB and AMBA underline our commitment to a holistic curriculum that meets the highest academic standards. We aim to develop students both in professional and personal terms by providing them with an education along humanist lines. Read less