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 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 provides 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 consists 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.
Internships possibilities at the Institute of International Monetary Research. Funding available (Santander scholarships)
This program is suitable for graduates with finance, economics, business, mathematics or related learning backgrounds and was tailored for people with or without work experience who intend to go on to work for industry. It places particular emphasis on economic coverage of financial and monetary themes, but it is also a good choice for students who have economic and monetary economic research interests.
This program will help you establish a mature and comprehensive understanding of economics, money and financial frameworks and mechanisms. This course will equip candidates with the needed techniques, knowledge in the banking, finance and monetary area, as well as research institutes specialized in the above sectors.
It is designed to meet the needs of those who:
On successful completion of the programme, students will obtain:
On completing the programme, you may find the following potential employees:
The programme is studied over one year (full-time). The academic year consists of two fifteen week semesters, each containing twelve weeks of teaching. The revision and assessment takes place at the end of each semester. While most summative assessment takes place at the end of the semester, some takes place during the teaching period along with a range of formatively assessed exercises, essays and projects. In addition, after successful completion of exams in Semester Two, students proceed to undertake a dissertation.
Students take 180 credits worth of modules. In Semester One students take four core compulsory modules in the analysis of economics theory and policy and quantitative methods, totalling 60 credits. In Semester Two, all students take two required 15 credit modules relating to monetary and financial policy. In addition, two further 15 credit modules are chosen from those offered by the School. After completion of the taught stage of the course, students proceed to take a 60 credit Dissertation that consists of two parts. First, Economic Research Methods (15 credits) provides an introduction to research methods including alternative approaches which is assessed via a critical literature review. Second, the Dissertation itself (45 credits).
Understanding modern financial economics, which includes asset pricing, risk management, monetary policy and financial regulations for pursuing careers at, for example, banks, capital funds and finance ministries.
The spectacular growth of international capital markets is creating great opportunities. But, as the latest financial crisis has shown, this also entails major challenges for financial decision-makers and regulators of financial markets. The academic Master’s specialisation in Financial Economics is ideal for students who want to understand the workings of global financial markets, from asset pricing and risk management to monetary policy and financial regulation. It provides you with the necessary knowledge and skills set for careers in not just banks, investment funds, and financial exchanges, but also finance ministries or other governmental or non-governmental bodies of financial market oversight.
See the website http://www.ru.nl/masters/fe
- You will be part of a new generation of finance professionals, who not only understand traditional approaches in financial economics but who can also integrate modern behavioural and institutional aspects. This gives you a good understanding of the highly volatile behaviour of financial markets, including bubbles, crashes and crises.
- Besides offering a sound theoretical foundation, there is also plenty of attention for applying these concepts to real-world situations.
- You will be trained to think independently and critically about the way in which financial economics can be applied in your professional field and you will develop skills that will make a difference in the highly competitive global labour market.
- The specialisation pays special attention to global aspects of corporate finance, preparing students for an international career.
- Our lecturers are active in academic and applied research which allows them to incorporate the latest academic developments and applied issues. This will also enable you to actively participate in academic research in your Master’s programme.
- Professors and students interact in small groups, thus strengthening the academic atmosphere.
- Radboud University offers ‘Economics Plus’. Traditional economic models and business approaches are expanded with relevant knowledge from related disciplines such as psychology, teaching more in-depth knowledge that can be applied in today’s globalised world.
One of the most important aspects of this specialisation is to fully understand how financial markets work and what the possible implications are of measures taken to regulate them. How are asset prices of stocks, bonds, derivatives and other financial assets determined? How do markets deal with financial risk and how can we manage it? You are challenged to go further than simply understanding the concepts and to think creatively about ground breaking ideas of how to regulate constantly developing financial markets and new financial instruments. It’s about trying to get financial markets to work more efficiently, without exuberant bubbles and catastrophic crashes, and in support of a prospering world economy.
Employers are increasingly looking for a new generation of financial professionals, who understand more than the traditional concepts in financial economics and who can integrate this knowledge with institutional and behavioural insights to tackle a wide variety of problems. This Master’s specialisation will provide you with in-depth knowledge in asset pricing, risk management, monetary policy and financial regulations as well as behavioural finance. With this specialisation you will get the best possible understanding of how financial markets work and how to use your analytical skills to deal with today’s problems in financial markets.
Our graduates have the necessary knowledge and skills to work for commercial banks, investment banks, and various types of stand-alone investment funds, as well as financial exchanges. Furthermore, careers in finance ministries or other governmental or non-governmental bodies of financial market oversight, such as central banks, the IMF and the World Bank, are also well within your reach. Due to our international approach, and by choosing the relevant electives, this Master’s can also prepare you for financial careers in multinational enterprises or large national companies.
The Master’s specialisation in Financial Economics primarily looks at financial markets, their behaviour, their regulation, and monetary policies. In this specialization we take a bird’s eye view and investigate global financial markets as a whole, for example, stock markets, commodity markets or derivative markets. But we also analyse the different classes of market participants, for example, banks, insurances, pension funds, activist investors and hedge funds. There are many topics that will be studied including bubbles and crashes in financial markets, exchange rate policies between countries and how they affect economic growth. But also measures that a government can take to minimise the risks that banks take, or financial innovations and how they can help to improve economic growth.
- Much more than traditional financial economics
We want to educate a new generation of finance professionals; ones who not only understand traditional financial economics, but can also work with modern institutional and behavioural insights. Financial markets are internationally integrated and often truly global. That is why at Radboud University, we also teach students how to be aware of the different institutional, cultural and psychological aspects in various financial markets. At Radboud University, we also know that psychological biases and emotions play a role in financial decisions. Therefore, a good understanding of financial economics includes knowledge about behavioural finance. Behavioural finance is a modern field in finance that uses psychology-based theories to explain financial decisions of individuals and how these can influence financial markets and create anomalies.
- Other specialisations of Economics
This specialisation looks at Finance from a market perspective and how financial markets can be regulated takes a broad view on markets. If you are more interested in Finance from a firm’s perspective and at its positioning within financial markets, we suggest you take a look at our Master's in Corporate Finance and Control. And for those wanting to know more about the trade relations between countries should take a look at our specialisation in International Economics and Business.
See the website http://www.ru.nl/masters/fe
Combining core economics with relevant finance topics, this course is one of the few of its kind, and ideal preparation for a finance-focused career.
If you are considering work in a financial institution, consultancy, ministry of finance or economics, or central bank, our MSc in Economics and Finance is an excellent choice.
Bringing together a compelling combination of training in advanced economic theory with relevant finance modules, our specialist master’s is one of the few courses in the UK offering this mix of subjects.
Starting with a comprehensive refresher course in essential maths and economics skills, we will go on to explore how economics can be used to help address real financial issues such as the global financial crisis.
You will use a deeper knowledge of economic theory to gain additional insights into these events, and we will support your investigations with rigorous training in econometrics to allow you to interpret and analyse empirical data effectively.
The dissertation will give you the chance to work with one of our experienced lecturers on a topic of your interest and apply your knowledge to a specific problem.
Students have explored topics as wide-ranging as the potential impact of Brexit on the UK financial services sector to the effects of microfinance on poverty reduction in rural China. We offer a series of dissertation workshops in semester two to help you develop your research skills.
By the end of this course you will be able to:
Our teaching staff are all active researchers and regularly publish in the top economics journals, so you will be working with some of the UK’s leading thinkers in economics.
This course is designed to give you the in-depth knowledge and skills needed to secure work in a financial institution, consultancy, ministry of finance or economics, or central bank. It is also suited to those considering PhD study.
Our graduates have excellent employment prospects. Recent students have progressed onto prestigious jobs around the world, including:
Others have opted to stay in academia and complete a PhD.
This course lasts 1 year. Occasionally we make changes to our programmes in response to, for example, feedback from students, developments in research and the field of studies, and the requirements of accrediting bodies. You will be advised of any significant changes to the advertised programme, in accordance with our Terms and Conditions.
These compulsory units are currently being studied by our students, or are proposed new units.
These optional units are currently being studied by our students, or are proposed new units.
You will take specialist modules in finance, banking and monetary economics as well as learning core economic theory. This course equips you well for a career in banking, financial institutions and markets.
Our masters courses will train you for a career as a professional economist. Employers in a wide range of sectors are increasingly looking for economics graduates with postgraduate qualifications.
Recent graduates have taken economist jobs in finance and consultancy such as Bank of America and Deloitte. Others work in public sector and government departments in the UK and overseas such as the Department for Work and Pensions. Some graduates go on to work in academia or in research.
You will also receive advice in taking the next step in your career with dedicated employability support and access to opportunities such as internships that can significantly enhance your career.
You will be taught by some of the top economic experts in their field, receiving the latest cutting-edge teaching from people that care passionately about their subject.
Our research influences and informs real economic policy. We advise government departments in the UK and internationally and global organisations including the European Union, the World Bank and the Organisation for Economic Co-operation and Development (OECD).
The SF6D utility index for valuing health status was developed at Sheffield. This index is used by decision-makers around the world to evaluate the cost effectiveness of health care interventions.
We’re one of the few stand-alone economics departments in the north of England and we’re not part of a large business school. This means you will be part of an economics community, where you will get to know your tutors personally and build friendships with the other students on the masters courses.
Our building is in the heart of the campus in the city centre and has undergone a £3.5 million refurbishment. You will have access to the latest economics computer software such as STATA and MATLAB. Our building is close to The Diamond and the Information Commons which are state-of-the-art facilities for private study with access to the latest economics books and journals.
We offer a range of masters courses both full-time and part-time. All of our courses give you a thorough technical grounding in economic theory and the techniques of applied economic analysis.
Our courses allow you to specialise in a number of different areas, for example finance and financial economics. If you want to advance your knowledge in one of these areas, Sheffield is one of the best places in the UK.
For each course you’ll need to pass eight taught modules over two semesters, four in each. Modules will be taught mainly through lectures, tutorials and computer labs. Assessment is mostly by exams but also includes some coursework. The compulsory dissertation gives you the chance to conduct your own research over a ten week period.
A limited number of National Institute for Health Research (NIHR) studentships are available for home and EU students on this course.
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.
Understand the impact of finance and financial markets on the wider global economy.
You explore the theory of finance and quantitative methods in a way that emphasises logical development and application rather than formulae. You develop the technical and analytical skills required by the finance industry and learn about:
-The uses of finance in developed and developing countries
-Financial and monetary economics
Technical aspects such as corporate finance and financial econometrics
The eight core modules are assessed by unseen examinations, presentations and a term paper. The applied finance research project is the final assessment unit, supervised by faculty, to help you develop your skills as a researcher.
Our aim is to ensure that every student who wants to study with us is able to despite financial barriers, so that we continue to attract talented and unique individuals. For more information on Masters Scholarships visit: http://www.sussex.ac.uk/study/fees-funding/masters-scholarships
This is a demanding course that has been designed in consultation with senior professionals from London’s financial sector. It gives you essential skills and knowledge for a career in international finance.
You develop the technical and analytical skills required by the finance industry and learn about the uses of finance in:
-Developed and developing countries
-Financial and monetary economics
-More technical aspects such as corporate finance and financial econometrics