The MSc programme in Money, Banking and Central Banking is designed to offer specialised teaching in banking and financial markets which is particularly relevant given all the changes introduced during the last global financial crisis, as well as the changes made by major central banks in the running of their monetary policies since then.
Monetary analysis has been mainly disregarded in the years running up to The Global Financial Crisis and this contributed to high rates of growth of money which ultimately led to unsustainable economic growth and financial instability. Unlike any other degree in the UK ours emphasises the importance of high quality monetary and banking analysis so we can assess those policies compatible with stable economic growth and financial stability over the long term. Expert knowledge of monetary economics and monetary policy, risk management and financial institutions is going to be of crucial important to understand the world after the recent crisis.
The degree will provide the latest research methods and tools to teach students to think analytically and critically, and apply their knowledge to practical problems faced by investment banks and central banks and other financial institutions.
This degree aims to produce graduates with this specialised knowledge and the skills required for a career in central banking and finance (in particular in investment banking), as well as monetary analysis suitable to pursue a career in consultancy businesses, research departments and specialised media. We welcome both recent graduates and those already in employment in these areas who wish to further their careers.
The bulk of the programme will consist of several modules providing the theoretical and analytical tools for the students to understand central bank operations and policies, as well as banking business, so they can identify how money is created in modern economies and analyse how changes in the amount of money affect overall prices as well as the running of the economy along the cycle. Students will also learn the statistical techniques and use specialised software to gather and analyse macroeconomic and financial data. At the end of the programme students will submit a master’s dissertation.
Modules taught on this degree include:
We offer two entry points, in September and January. We also offer a part-time programme for those professionals already working and looking forward to furthering their education and careers in money and banking.
Students will be offered the option to take an examination and get the Professional Risk Managers’ International Association (PRMIA) accreditation in financial risk management. In particular the students will be able to get the Associate Professional Risk Manager Certificate (Associate PRM Certificate), which is a PRMIA programme offered online for staff entering the risk management industry.
The programme covers fundamental concepts of the risk management profession and has become a well-known benchmark in this market both in the UK and in the rest of the world. The materials for preparing for the exams are fully available on the PRMIA’s website and include scheduled readings and webinars series. In addition, the teaching staff of our master’s programme will offer extra academic support to the students willing to take the exam.
With the banking industry undergoing major changes, there has never been a more exciting or challenging time to join the profession.
Our Finance and Banking MSc programme will prepare you for a wide range of careers in finance, designed to equip you with the knowledge and skills to help organisations understand complex financial issues and develop practical solutions.
The course explores the changing environment within which financial institutions operate, the globalisation of finance, changes in technology, and the regulatory environment. You will also gain an appreciation of the evolution of finance and banking theory, as well as contemporary debates and controversies.
This course is part of our Finance MSc programme. All students complete the same core finance modules, then from the end of the first term you will be able to tailor the course to your individual strengths and career aspirations through option modules and the option to specialise in one of five areas.
The other specialisms offered are:
The course is composed of three phases:
All modules on the course involve both taught sessions and guided independent study. For a typical module, approximately 30% of the total hours comprise taught activity, 10% is guided study and supervision, and the remainder is independent study.
Core modules will give you practical background knowledge in key finance subjects. From term 2 you will be able to tailor your course through a choice of specialisms and option modules. The specialisms currently offered are banking, accounting, investment, economics and risk management.
Mandatory specialism module (Term 2)
Option modules (choose one)
Completion of your final project (dissertation) takes place throughout the summer after teaching finishes. You submit your project in October and receive your MSc award in December.
In the final phase of the course, you will complete a dissertation relating to finance and banking.
The dissertation will be 10,000–15,000 words long. It will address an accounting problem that requires you to undertake research leading to practicable recommendations based on sound analysis and judgement. You will finalise the topic in consultation with the course leader and other specialists in banking research.
You will receive help from your dissertation supervisor, who will monitor and support your progress. The dissertation is submitted in October.
As part of your course you will have access to modern computing facilities and specialist computing packages, for students on the Market-making and Investment Strategies module this includes access to our real-time trading room, fed by up-to-the-minute data from Reuters.
One of a handful of such facilities across the UK, our trading room sessions are supervised by guest traders and provide you with the opportunity to apply your skills to real markets and real data, and make use of simulation software to recreate the pressure of a trading floor.
We also invite guest traders to discuss curriculum topics, pass on their trading experience and supervise trading sessions.
We highly recommend students join our thriving Student Investment and Trading Society, which is established and run by students for the purpose of organising social and networking events, arranging talks by visiting industry experts and facilitating annual trading competitions against other universities.
Experienced, professionally qualified lecturers and small class sizes will ensure your learning needs are supported. Online learning tools and libraries also ensure academic journals, e-books, business articles and other resources are available to you 24/7, both for use at the university and at home.
You will also have access to our Careers Service, including CV checking, mock interviews and advice on setting up your own business.
Banking is a profession that offers a huge variety of opportunities, the possibility of rapid career progression, and good pay and benefits.
The course prepares you for a range of careers in central banks, finance departments of industrial and service companies, regulatory bodies, government agencies, financial consultancies and auditors. Such companies are actively looking to recruit postgraduate-level professionals.
According to Michael Page’s 2015 annual Banking & Financial Services Survey, employment is expected to grow across the sector, with 45% of respondents expecting an increase in their team’s headcount.
There is a particularly strong demand for banking graduates in developing economies where financial organisations are seeking postgraduate-level professionals with a sophisticated understanding of banking.
The course is also ideal preparation for continuing your studies at MPhil or PhD level, or working as a professional researcher in finance.
You are ambitious to succeed in global banking and finance. Your strong quantitative skills give you an ideal starting point as you begin to investigate the deeper levels of strategy and operations in banks and banking markets. Your interest in banking is matched by your desire to establish yourself in this highly competitive marketplace where pressure and risk management accompany job satisfaction and financial rewards.
The course will give you the knowledge and skills to navigate the rapidly changing global banking landscape.
Take a step closer to your successful career in global banking and finance with this highly practical MSc. This course is tailormade to develop professional standards and competence for those wishing to pursue careers in the banking industry. Cass offers an innovative blend of theoretical and vocational learning equipping you with the outlook, the skills and the temperament to make things happen.
You’ll be based within a stone’s throw of the City of London, giving your studies a uniquely practical orientation with regular teaching from senior bankers and finance professionals.
We review all our courses regularly to keep them up-to-date on issues of both theory and practice.
To satisfy the requirements of the degree course students must complete:
Assessment of modules on the MSc in Banking & International Finance, in most cases, is by means of coursework and unseen examination. Coursework may consist of standard essays, individual and group presentations, group reports, classwork, unseen tests and problem sets. Please note that any group work may include an element of peer assessment.
The Banking and International Finance course starts with two compulsory induction weeks, mainly dedicated to:
This master's degree is designed to help launch a career in the banking industry, but also as central bankers, supervisors and regulators. It offers the foundation for a varied range of careers.
The degree is fully accredited by the Chartered Bankers Institute (CBI), which ensures its content is kept up to date and relevant to the industry.
Graduates from the MSc Banking and International Finance move into a variety of careers, from investment banking (Morgan Stanley, Deutsche Bank, UBS, JP Morgan, Goldman Sachs) to commercial banking (Barclays, HSBC, Lloyds, BNP Paribas); to rating agencies (Fitch, S&P) to securities sales and trading desks at major finance firms, foreign exchange desks, hedge funds, private banking, asset management, credit products, financial and credit risk management consultancy
Integrated financial markets and global businesses contribute significantly to modern banking, which is inseparable from international finance.
This course gives you a comprehensive overview of central issues in banking and international finance, with an understanding of the forces that sway financial markets as well as the theories underlying commercial and international banking. You’ll gain knowledge and skills that can be practically applied, and put them to the test in real-life scenarios through practical exercises.
You’ll learn from highly qualified tutors with research and consultancy expertise in credit, banking and finance. A strong research culture and excellent links with industry, commerce and professional bodies will give you the rare opportunity to gain a real understanding of the current challenges and issues facing the world’s international financial institutions.
As a student, you will be able to access the knowledge of our advanced specialist research units, which also have strong links with leading institutions in the US, Europe and Asia. These include the Centre for Advanced Study in Finance (CASIF), the Institute of Banking and Investment (IBI) and the Credit Management Research Centre (CMRC). This research makes an important contribution to your learning on the MSc Banking and International Finance; you will benefit from a curriculum that is informed by the latest knowledge and critical thinking.
You will also benefit from our strong relationships with the finance, credit and accounting professions. This provides a connection to the latest practitioner and policy developments, giving you a masters degree that is relevant to the contemporary environment.
This course develops your knowledge of international finance and business to an advanced level.
You’ll develop your existing skills in quantitative data analysis, applying financial methods and theories to solve complex business problems. You’ll examine the global financial sector as you study corporate finance, international business finance and commercial banking.
You’ll be able to gain specialist knowledge with your choice of optional modules in a range of subject areas, including International Investment, Economics of Globalisation and Risk and Insurance.
To demonstrate the knowledge and skills you gain during the programme, you’ll design and carry out your own research dissertation in the final semester. This allows you to focus on a topic of your choice, developing your ability to tackle the most pressing challenges currently facing the industry.
Throughout the course we support you to develop the professional skills that will be critical for a successful career in the financial services.
You’ll study eight compulsory modules including your dissertation.
You'll also take two options, one of which must be either International Investment or Economics of Globalisation and the International Economy.
We use a variety of teaching and learning methods to help you make the most of your studies. These will include lectures, seminars, workshops, online learning and tutorials.
In addition to the assessed modules and research dissertation, you benefit from professional training activities and employability workshops. Thanks to our links with major companies across the business world, you can also gain a practical understanding of key issues.
For example, students have developed their knowledge of financial markets through a one-week trading simulation delivered in partnership with Amplify Trading. Read more about professional development activities for finance students.
Independent study is also vital for this course allowing you to prepare for taught classes and sharpen your own research and critical skills.
Assessment methods emphasise not just knowledge, but essential skills development too. They include formal exams, group projects, reports, computer simulation exercises, essays and written assignments, group and individual presentations and reflective logs.
This diversity enables you to develop a broad range of skills as preparation for professional life.
Graduates of the MSc Banking and International Finance can expect to have worldwide appeal to employers in finance, investment banking and financial services.
Many of our graduates have gone on to pursue successful careers in commercial and investment banking, corporate finance and financial analysis. Alternatively, the course can provide an excellent grounding for a career in financial journalism.
This masters is also an excellent qualification for individuals seeking to pursue a postgraduate research degree.
We help you to achieve your career ambitions by providing professional development support and training as part of the Masters programme. You benefit from the support of a Professional Development Tutor, who will work with you to develop the important professional skills that employers value.
We’re committed to offering a wide range of development and training opportunities. Recent activities have included CV building and interview sessions, professional risk management workshops and commercial awareness networking events.
Read more about our careers and professional development support.
The University of Leeds Careers Centre also provides a range of help and advice to help you plan your career and make well-informed decisions along the way, even after you graduate.
This course has been designed specifically to enhance knowledge of the banking and finance industry and improve your employability prospects.
You will learn about key challenges in the current global economic environment, consider issues from around the world, and analyse and evaluate problems to identify the best solutions to improve international banking and finance strategies and practice.
Banking continues to experience a number of problems requiring the development of new opportunities and you will find this course is relevant, innovative and challenging.
You may also choose to take advantage a blended distance learning opportunity, available through our official partner - Robert Kennedy College - in Zurich, Switzerland.
The programme is block delivered and there are six entry points per year.
This course has been designed specifically to enhance knowledge of the banking and finance industry and improve your employability prospects. Specifically the course will:
On successful completion of the course students will be able to:
The course is currently delivered in four blocks of three-day intensive study periods, followed by independent study and online support through the University’s virtual learning environment, Blackboard. Each module is taken and assessed over a six week block.
From September 2017, this delivery format will change. Students will continue to study a single module for a 6 week period. Face to face teaching will be delivered on campus for two half days each week. In addition, you will attend the taught element of the Business Innovation Programme each Wednesday afternoon during the 6 week blocks, with independent study completed in your own time through Blackboard. Individual student timetables will be provided during induction week.
Teaching is delivered through a combination of lectures, seminars and tutorials, using a wide range of learning activities.
Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.
Recent graduates have joined the international banking and finance industries, corporate sector, and the academic community. You will gain a highly-regarded formal qualification, as well as personal and organisational management skills that will enhance your career prospects.
Salford Business School is located at the heart of the University’s Peel campus in the newly refurbished Lady Hale Building, and the Chapman Building, offering state-of-the-art facilities for the Business School’s student learning community and just minutes from Manchester city centre.
Chapman is a stylish modern space with six lecture theatres equipped with the very latest technology and large screen displays, a series of communal learning and breakout spaces, plus a Fairtrade café with panoramic views across the campus. Lady Hale is the home to all dedicated business school student support including the school office, an employability hub, a base for the Business School society, and several open study spaces.
MediaCityUK is a vibrant place in which to live, work, socialise and study. Home to major BBC and ITV departments, the University of Salford and over 80 businesses across the creative and digital sectors, MediaCityUK is recognised as one of the most innovative developments in Britain.
Financial markets play a key role in the stability and prosperity of economies, governments and organisations, with profound effect on the individual and society as a whole. Are you fascinated by the dynamic context of today’s financial markets, and do you want to make a positive impact on the future of international finance and banking? Then the Master’s in Banking and Finance at Utrecht University School of Economics (U.S.E.) is the programme for you.
Based on Utrecht University’s research expertise, this unique and state-of-the-art Finance Master’s gives you a deep understanding of the interaction between the economic environment, economic policy, financial markets and financial institutions.
In the Master in Banking and Finance you will focus on:
Read more about the study programme.
The MSc programme in Banking and Finance is part of the CFA® Institute University Recognition Programme. As such, this Master’s programme is a good choice for students interested in enrolling in the CFA® Programme and obtaining the CFA® charter, the designation of excellence in the investment community. U.S.E. can offer scholarships to outstanding master students to undertake CFA® exams at a special price.
This MSc in Banking and Finance provides you with:
Upon completion of the MSc in Banking and Finance you are prepared for a wide range of positions in (international) financial institutions: central and commercial banks, consulting firms, investment funds, hedge funds, insurance firms, pension funds or financial market regulators. Read more about possible career prospects.
The banking and financial markets face many complex challenges. We’ll provide you with the expertise to understand and overcome them. By the end of your course, you’ll have all the skills you need for a huge range of careers across the sector.
Our expert researchers and practitioners will provide innovative theories on key issues in the industry. And you’ll have plenty of opportunities to put it into practice. Our industry-standard software and datasets, and our virtual trading floor give you the chance to test your skills – using the same tools as the professionals.
The Banking and Finance MSc course is an innovative course designed to provide you with an in-depth understanding of the finance and banking industry. The programme will also equip you with essential research, analytical and critical thinking skills.
Our programme focuses on such areas that have major practical and theoretical application as: investment analysis and management, portfolio creation and management, investment and commercial banking, asset and risk management, mergers and acquisitions, financial derivatives, quantitative financial analysis, taxation and banking regulation.
The course is made up of optional and required modules, and you will complete the course in one year, studying September to September. You must take modules totalling 180 credits to meet the requirements of the qualification, and 60 credits will come from a dissertation of around 15,000 words.
You will study a range of required modules such as Quantitative Methods for Finance, Investments, Commercial and Investment Banking, Financial Derivatives and Statements. In addition to a compulsory 15,000-word dissertation, you will choose further related modules to support your study interests.
This course will provide the skills you need to work in a wide range of careers in finance or banking.
Whether you’re a student or a working professional, our aim is to maximise your employability. And we have a great track record, with a number of innovative postgraduate programmes and great graduate employment statistics.
We design the programme so you’ll be exempt from the exams normally needed for professional qualifications.
Our careers consultants and links with industry will give you a head start in the job market. Many students find internship placements and we offer optional short courses designed to equip you with even more practical skills for working life.
We use lectures, seminars and group tutorials to deliver most of the modules on the course. You will also be expected to undertake a significant amount of independent study.
Typically, one credit equates to 10 hours of work.
Throughout the degree students are assessed by a variety of methods, which could include written examinations, coursework and individual or group projects and presentations. The dissertation will be assessed on one 15,000-word extended piece of writing. Assignment feedback is provided within four working weeks of submission.
Some unique features of our MSc Banking & Finance are:
Graduates from programmes run previously by the programme directors are highly sought after by investment banks, corporate risk management units, insurance companies, fund management institutions, financial regulatory bodies, brokerage firms and trading companies. Recent employers of these graduates include Capital Investment, Credit Suisse, European Bank for Reconstruction & Development, Fitch Ratings, HSBC and Morgan & Stanley. Some graduates have pursued research degrees in financial mathematics.
Banking & Financial Services is designed to develop expertise in topics relevant to the banking sector, and the provision and valuation of financial services. It is ideally suited for those who want a career in banking or financial management, and provides a thorough knowledge of the main components of commercial and investment banking in a dynamic economic environment which is governed by structural regime changes.
You will take four core and two optional courses and complete a substantial independent piece of work, normally in the form of a dissertation.
This programme will help prepare you for employment with financial institutions including banks, the International Monetary Fund, the World Bank and government bodies involved in financial-decision making, as well as firms involved with financial transactions and provision. Recent graduates have gone on to work for organisations such as Bloomberg, central and private banks, and consulting firms. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.