The legal and regulatory infrastructure and fundamental theoretical concepts underpinning global finance have undergone fundamental rethinking since 2008.
Recent reforms try to identify the appropriate means to make global financial markets safe again, eliminating the need for future bank bail-outs. As a result, practising in this area has become more challenging for lawyers, bankers, accountants, and regulators.
The pursuit of a successful career in today’s global markets requires an extensive and in-depth understanding of complex and sophisticated global and domestic finance regulations, of the law and practice of international banking, and of the law and practice of corporate finance. In addition it requires a solid understanding of economic theories supporting the operation of global finance.
A qualification in International Banking Law & Finance has become an essential requirement for those who wish to work in the legal, accounting and banking industries, as well as those who aspire to a successful career with regulatory authorities, central banks, and other public sector and international organisations.
As a graduate of this programme you will position yourself as a future leader in the field of banking law and finance.
Based on Edinburgh’s strong law and finance expertise, the programme offers an interdisciplinary study of the legal and economic aspects of international banking and corporate finance, and of global finance regulation. It also uses examples from practice to further your understanding of structural and drafting aspects of international banking and corporate finance transactions.
The programme focuses on:
Please note that due to unforeseen circumstances or lack of demand for particular courses, we may not be able to run all courses as advertised come the start of the academic year.
Potential career paths include banks, law firms, regulatory agencies, central banks, public organisations, asset management, compliance and accountants.
There is growing demand for infrastructure investment globally as traditional sources of public funding and finance can no longer be presumed to provide the required levels of capital. This innovative MSc considers the perspectives of procuring infrastructure as well as providing the private finance to deliver the required investments to close the infrastructure gap.
With a strong commercial focus, the MSc in Infrastructure Investment and Finance (IIF) provides candidates with a well-balanced mix of economic and financial theory as well as industry practice, including modules exploring:
MSc students undertake modules to the value of 180 credits.
The programme consists of eight core modules (120 credits) and a research dissertation (60 credits).
A Postgraduate Diploma, eight core modules (120 credits) is offered.
There are no optional modules for this programme.
All students undertake a substantial research-based dissertation on a research question of their own choosing.
Teaching and learning
The programme is delivered through a combination of lectures, seminars, group tutorials/workshops, project briefings, and individual supervision for the research-based dissertation element. Assessment is through unseen written examinations, 3,000-word written term papers and the 10,000-word dissertation.
Further information on modules and degree structure is available on the department website: Infrastructure Investment and Finance MSc
This degree is designed to enable infrastructure specialists to develop the skills essential to the delivery of complex infrastructure projects. It will equip graduates with the potential to become future innovators, leaders, senior managers, policymakers, researchers and teachers in the fields of infrastructure finance, infrastructure ownership and project management industries. Organisations that are likely to take on graduates of this MSc include infrastructure developers, infrastructure financiers and investors such as banks and equity funds, infrastructure operators, public sector commissioning and regulatory bodies, as well as advisory firms active in the growing infrastructure market.
Recent career destinations for this degree
Completing this MSc will equip graduates with skills necessary for a career in infrastructure financing, procurement and development whether as a public sector advisor, private sector financing specialist or consultant within advisory firms.
Students successfully completing the programme will be able to show:
Careers data is taken from the ‘Destinations of Leavers from Higher Education’ survey undertaken by HESA looking at the destinations of UK and EU students in the 2013–2015 graduating cohorts six months after graduation.
Many governments including the UK, US, the EU, China and India are increasing their focus on improving infrastructure. The required capital for investment is estimated to be in the trillions of US dollars. At the same time there is a compelling need for professionals equipped with the necessary skills and knowledge to deliver regional, national and international infrastructure projects. This pioneering MSc is the only programme in the UK, and one of few globally, to focus on the finance, funding and commercial issues associated with these vast sums of investment and global infrastructure needs.
The School of Construction & Project Management is placed within the renowned UCL Bartlett Faculty of the Built Environment. Based in central London, it is close to world-leading financial, engineering and consulting practices, many of whom are partners. The school has both specialist expertise and excellent relations with a range of industry and government bodies, which will provide a valuable network to students seeking careers in the exciting area of infrastructure financing and development.
The MSc directly benefits from the signing of a Memorandum of Understanding (MoU) between UCL and the European Investment Bank (EIB). This MoU sets out the scope of the EIB's support and ongoing involvement in the planning and delivery of the MSc IIF. The EIB’s involvement aims to enhance students’ understanding of infrastructure finance and investment, through their exposure to the bank’s long and multi-faceted experience in this field.
The IIF MSc is accredited by the Royal Institution of Chartered Surveyors (RICS) and has entered into an academic partnership with the Chartered Institute for Securities & Investment (CISI).
The Research Excellence Framework, or REF, is the system for assessing the quality of research in UK higher education institutions. The 2014 REF was carried out by the UK's higher education funding bodies, and the results used to allocate research funding from 2015/16.
The following REF score was awarded to the department: Bartlett School of Construction & Project Management
81% rated 4* (‘world-leading’) or 3* (‘internationally excellent’)
Learn more about the scope of UCL's research, and browse case studies, on our Research Impact website.
The challenge of responding and adapting to climate change will drive trillions of dollars of new investment over the coming decades, with major changes required across the economy, in energy production and consumption, industry, buildings, transport, infrastructure, forests and agriculture. Delivering this investment will require greatly enhanced capacity in all aspects of carbon finance. In addition, following the Paris Agreement both developed and developing countries now have increased commitments for addressing climate change which is driving increased demand for skills and knowledge in carbon and climate finance.
This programme is the world's first MSc in Carbon Finance, dedicated to professionals in the climate change investment field and focussed on the business opportunities and financial flows driven by society's response to climate change (carbon finance).
The MSc in Carbon Finance will appeal to graduates with significant work experience in business, government or the NGO sector.
Typically students will not have had an opportunity to specialise in climate change but will want to move into a career in climate change investment, carbon markets, consulting or carbon accounting.
Likely future roles include carbon credit development, low carbon portfolio management, renewable energy investment, climate find management, carbon trading, carbon consulting, carbon accounting and related policy or regulatory roles (e.g. with government or NGOs).
Very few business schools in the world have a similar depth of expertise in carbon finance.
Learning will primarily be through lectures, set reading, class discussions, exercises, group-work assignments, problem solving in tutorials and case studies. Assessment methods include examinations, assignments, presentations or continuous assessment.
Students who follow this programme will gain an understanding of: