Visit our website for more information on fees, scholarships, postgraduate loans and other funding options to study International Banking and Finance at Swansea University - 'Welsh University of the Year 2017' (Times and Sunday Times Good University Guide 2017).
The Master's (MSc) in International Banking and Finance is aimed at candidates who wish to acquire a solid foundation in international banking and finance which will equip them for careers in banking, trading or financial analysis.
- An enhanced specialist programme that maybe completed in a single year
- All modules on the International Banking and Finance course are taught by our world-class faculty who have a breadth of industrial and academic knowledge
- Swansea is joint 1st in Wales for international ranked research (REF 2014)
- A wide range of professional accreditations to accelerate your career depending on the optional modules you take
- 93% of Swansea students in employment six months after graduating
- Access to the School of Management investment and trading simulation room to support in-depth understanding of finance in practice
- High contact time – our modules come with a lecture (in class sizes capped at approximately 150 students) and seminar/tutorial (in class sizes capped at 30) every single week
- Fully refurbished facilities – we have invested half a million pounds in a recent refurbishment to our student facilities
- Scholarships available for outstanding students
- Swansea is 1st in Wales for world-leading impact - 60% at 4-star level (REF 2014)
The International Banking and Finance course will equip graduates with an advanced understanding of the principles and techniques of international finance, development, trade and banking, a knowledge of the activities of financial markets and financial institutions in advanced and emerging economies, and an appreciation of the role of risk management in complex organisations.
Modules on the International Banking and Finance programme may include:
International Financial Markets and Institutions
Financial Reporting and Statement Analysis
International Financial Crises and Bank Regulation
Risk Management in Banking
Economics of Banking
Derivatives and Risk Management
Equities & Fixed Income Securities
Corporate Governance & Ethics
Contemporary Issues in Finance
Advanced Corporate Finance
Financial Market Efficiency & Behavioural Finance
We have an excellent track record of placing our graduates including those from the International Banking and Finance programme with major multinational companies and our graduate employment rate is 92%.
From the moment you arrive at the School of Management as a student on the MSc in International Banking and Finance programme we will work with you to help you build your skills and experience to enhance your career prospects. During your time with us you’ll have the chance to:
- Undertake a work placement or internship through the Swansea Paid Internship Network (SPIN) or ‘Week of Work’ initiative
- Work and network with employers from a range of national and multi-national companies through our visiting speaker programme
- In conjunction with the International Development Office, undertake an Internship in India, with a company such as GE, Thomson Reuters, 3M, Private Equity or Kanvic Consulting
- Boost your skills and meet employers during our biannual Employability Week
- Complete the Swansea Employability Award
- Participate in one of our student challenges and competitions, such as the Branding Challenge, and CIM student competition ‘The Pitch’
International Banking and Finance students will be based in a state-of-the-art building and will benefit from the applied research, innovation and employment opportunities offered by this exceptional working environment on the Bay Campus.
International Banking and Finance students will have access to high-tech teaching and research spaces, that together with collaborative working and practice areas will ensue the School is able to deliver its commitment to offer an engaging and innovative student experience.
This course provides an opportunity to combine an understanding of sophisticated economic theory with advanced finance concepts.
You’ll look at micro and macroeconomics and the methodology of econometric research, whilst acquiring a solid grounding in corporate finance and the financial economics tools commonly used in financial services, quantitative investment analysis and research.
This course is developed and delivered by highly qualified staff with research and consultancy expertise. You’ll take an open-minded approach to economic problems, studying current mainstream theoretical and applied techniques alongside a range of alternative critical perspectives, equipping you to meet the growing demand for economics that can address and resolve real-world problems.
Our Economics department stands for a distinctive type of economics, which is realistic, interdisciplinary and policy relevant. We take an open-minded approach to economic problems, and draw on expertise from one of the major hubs of heterodox economics research in the UK.
Commentary and coverage in the media has highlighted the need for more philosophical discussion about how best to approach economics. Leeds University Business School has been recognised in The Economist as one of the few universities in the UK offering a 'model' for this approach. The University also hosts the Applied Institute of Research in Economics (AIRE).
In addition, you will learn advanced finance concepts from leading academics and practitioners in the Business School’s Accounting and Finance department. You will be able to access the knowledge of our advanced specialist research units, including the Centre for Advanced Study in Finance (CASIF), the Institute of Banking and Investment (IBI) and the Credit Management Research Centre (CMRC).
Throughout the year you’ll study a set of core modules that develop your understanding of economics and finance. As well as microeconomics, macroeconomics, econometrics and how it is applied to real-life problems, you’ll build your knowledge of international banking and finance and corporate finance as a whole.
This knowledge base will support your specialist learning when you choose from a range of optional modules. You could explore different areas of economics such as the economics of globalisation, or concentrate on financial topics such as international business finance or financial derivatives.
These different elements of your learning will give you in-depth knowledge of specific topics alongside your broader grounding in economics and finance. You’ll also sharpen your research skills and gain an awareness of different methodologies. All of these aspects will come together in your dissertation – an independent research project on a topic of your choice. You’ll undertake this over a period of three months with the support of an academic supervisor.
You’ll take seven compulsory modules including your dissertation.
You'll also choose three optional modules.
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.
Independent study is also vital for this course allowing you to prepare for taught classes and sharpen your own research and critical skills.
We use assessment methods such as exams, research reports, written assignments, essays and project work, depending on the modules you choose.
This course will provide you with the essential knowledge and skills to pursue a career in finance and economics, and certifies your abilities for prospective employers. It also provides a sound basis for you to study at PhD level.
Graduates of our MSc Economics and Finance have careers worldwide as advisers, researchers and quantitative analysts in economic and financial institutions, consultancy and public service.
We encourage you to prepare for your career from day one. That’s one of the reasons Leeds graduates are so sought after by employers.
You will be able to access careers and professional development support, which will help you develop key skills including networking and negotiating, and put you in touch with potential employers.
The Careers Centre 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. Find out more at the Careers website.
This programme provides advanced study of finance and is particularly suitable for graduates in finance and accounting related subjects who wish to prepare for careers in the financial sector. We welcome graduates from a wide range of disciplines who want to consolidate their understanding of finance. Many MSc graduates are now employed in banks and financial institutions in the UK and worldwide. Others have entered careers in higher education and research.
To improve your prospects in the graduate job market, CFA Level I dedicated training will be offered before the June 2017 exam to selected candidates on a competitive basis. MSc Finance students nearing completion of the ACCA Fundamentals stage will also be able to select a designated ACCA pathway.
You will study a range of modules as part of your course, some examples of which are listed below.
Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research.
This course has been designated an ACCA Academic Professional Partnership Programme by the Association of Chartered Certified Accountants (ACCA).The globally-recognised ACCA qualification has been developed with employers, and provides you with the skills and knowledge to be work-ready, wherever you are in the world.
Provided you have the right qualifications on entry to the MSc, you can follow an ACCA pathway through the programme which provides a recognised level of tuition for two of the ACCA’s Professional-level papers: P2 (Strategic Business Reporting) and P4 (Advanced Financial Management).
Who is eligible?
To be accepted on to this ACCA pathway, you will need to have already passed ACCA’s Fundamentals exams F1–F9, or to have exemptions from the Fundamentals level. This is in addition to meeting the entry requirements for this course.
On this pathway you have the same module choice as all other Finance MSc students, except that in the second term you must take the following modules. In the summer term you have a free choice of dissertation topic.
The Chartered Financial Analyst (CFA) Program is the leading professional qualification in the global investment industry. As a CFA Affiliated University, our MSc Finance and MSc Accounting and Financial Management programmes are recognised for their strong connection to professional practice and ability to prepare students for the CFA exams. Only a handful of UK business schools have been granted this status by the CFA.
These Masters programmes include a special CFA dissertation aimed at suitably qualified students wishing to sit the June CFA Level I exam and gain this prestigious qualification. You will benefit from five weeks of professional teaching by specialist CFA tutors from Fitch Learning covering the entire CFA Level I syllabus, supplemented by online support, key resources and real-time feedback via the Fitch Learning CFA training portal.
On completion of the module, you will sit a 3-hour mock Level I examination and the results contribute 42% to your overall dissertation mark. The CFA dissertation is available at no charge to all MSc Finance and MSc Accounting and Financial Management students who meet minimum performance criteria during the first term. CFA scholarships are also available to help you gain CFA Level I, and details are automatically sent to eligible students during Summer term.
Most modules use more than one type of assessment including formal exams (normally January and March/April), individual coursework essays and assignments, group-based reports and case study analysis. To pass, you'll need an overall average of at least 50% with no more than three modules in the 40%–49% mark range (following resit exams). A minimum pass mark of 50% in the dissertation is also required for the award of the MSc degree.
For many students, the desire to boost their career prospects and move more quickly into senior roles is a key reason for acquiring a Masters degree. That's why we integrate careers support into our MSc programmes, and offer a range of facilities to help you in your career development and job search process.
Like all of the School’s Masters students, you will have access to guidance and support from the LUMS careers team. But to give you extra industry-specific job-hunting skills, we have partnered up with a financial markets specialist who has worked for several leading investment banks and also financial technology institutions. As a financial careers coach still working in the financial markets, his role is to make you aware of many different opportunities that exist within the sector, giving you a clear picture of the particular skills required – and, crucially, an insider view on what employers will be looking for.
To help you differentiate yourself in a fiercely competitive market, he provides guidance on writing CVs and cover letters for the financial market, interview skills, and performing well at assessment centres.
The MSc in Computational Finance will introduce students to the computational methods that are widely used by practitioners and financial institutions in today's markets. This will provide students with a solid foundation not only in traditional quantitative methods and financial instruments, but also scientific computing, numerical methods, high-performance computing, distributed ledgers, big-data analytics, and agent-based modelling. These techniques will be used to understand financial markets from a post-crisis perspective which incorporates findings from the study of financial markets at high-frequency time scales, modern approaches to understanding systematic risk and financial contagion, and disruptive technologies such as distributed-ledgers and crypto-currencies. The programme is highly practical, and students will have the opportunity to apply their learning to real-world data and case studies in hands-on laboratory sessions.
Computational Finance studies problems of optimal investment, risk management and trade execution from a computational perspective. As with any engineering discipline, computational finance analyses a given problem by first building a model for it and then examining the model. In computational finance, however, our model is typically analysed by running computer programs, rather than solving mathematical equations. In addition to standard computational methods such as Monte-Carlo option pricing, you will also learn more advanced modelling techniques such as agent-based modelling, in which the model itself takes the form of a computer program.
The programme will provide a foundation in the core skills required for successful risk management and optimal investment by giving a grounding in the key quantitative methods used in finance, including computer programming, numerical methods, scientific computing, numerical optimisation, and an overview of the financial markets. You can then go on to study more advanced topics, including the market micro-structure of modern electronic exchanges, high-frequency finance, distributed-ledger technology and agent-based modelling.
Students are expected to go in to careers such as Investment Banking, Hedge Funds and Regulatory Bodies.