Masters degrees in Banking offer advanced study of the banking industry, training postgraduates in the services provided by high street banks, investment banks and related organisations. Some programmes may also examine the working of pension funds, venture capital groups or other organisations which manage large sums of money.
Related postgraduate subjects include Investment and Insurance. Entry requirements normally include an undergraduate degree in a relevant subject such as Finance.
The banking sector exists to provide common financial services to consumers and - ideally - to support stable economic growth and financial stability across society. Courses in this field therefore equip you with the skills to manage monetary movements across a range of industries, sectors and regional areas.
Training covers investigation of concepts surrounding monetary economics, policy and risk management. This includes building your understanding of money markets through a combination of market research, monetary analysis and financial management.
Specifically, this may involve activities such as financial forecasting and exchange rates, bank lending and portfolio management. You may opt to specialise your studies towards areas such as central banking or international banking.
Alongside banking, careers can include roles in insurance, loans or credit companies, as well as management for departments of large institutions such as universities, or international corporations.
Start of programme: November / January / March / May / July
Mode of Attendance: Distance Learning
The MSc Finance (Banking) is designed for postgraduates wanting to enter the banking sector and professionals already working in financial or neighbourhood sectors looking to gain competitive advantages deepening their knowledge in financial management, particularly in core banking activities (maturity/risk mismatch management), retirement and financial planning, commercial credit and factoring, and liquidity and risk management.
The MSc is made up of eight modules. Each module is studied in eight-week sessions. You can only take one module at a time, but each module is typically available in at least two of the year's study sessions. This gives you the flexibility to plan how you study during the year, enabling you to fit your study in with your professional, family and personal commitments.
You will be individually assigned an online academic tutor for the duration of each module with whom you can discuss academic queries at regular intervals during the study session. You will also have a named administrator providing you with help and advice throughout your studies.
Before the start of each module you have enrolled on, you will be sent a package containing all of the study materials that you need to complete the module – the core text, textbooks, a collection of key articles, and any module related software.
To make your experience as a distance learning student more complete and rewarding, we provide access to the Virtual Learning Environment, which is a web-accessed learning environment. Via the VLE, you can communicate with your assigned academic tutor, administrators and other students on the module using discussion forums. The VLE also provides access to the module Study Guide and assignments, as well as a selection of electronic journals available on the University of London Online Library.
For each module, you will sit a three-hour examination, held on a specified date in September/October, and complete two assignments during the module study session. Assignments are submitted and feedback given online. Examinations and assignments are weighted 70:30.
As a graduate of this programme you will be well prepared for senior positions in banking, asset management, pension funds, regulators and financial institutions.
World-ranked for Masters in Finance by the Financial Times, this degree is widely regarded as one of the leading applied finance programmes in Europe. It has been specially designed with the support of industry practitioners to equip you with the skills and knowledge needed to succeed in the challenging field of international securities and investment banking. It enables our graduates to acquire the practical skills and knowledge sought by employers in the sector through a unique combination of interactive, technically advanced teaching and hands-on training.
It is our longest established programme with over 2,000 alumni around the world. It is also the most flexible finance programme with a choice of over 20 elective modules, providing a broad expertise to equip those who have yet to settle on a specialism, and who look to a wider choice of potential career paths. You will benefit from exposure to advanced analysis tools and resources valued by the financial markets that aim to enhance your practical skills and market awareness. As part of the programme, you will gain an in-depth understanding of the operations of financial markets, securities trading, corporate transactions, valuation, investment strategies and quantitative techniques.
October – December: Part 1 Autumn Term
January: Part 1 Exams
January-April: Part 2 Spring Term
May – June: Part 2 Exams
June – August (12 month programme only): Part 3
August/Sep (12 month programme only): Part 3 Coursework deadlines
Part 1 compulsory modules
Part 2 optional modules
Students on the 9-month (12-month) programme can select 100 (80) credits from the following modules:
Part 3 optional modules
Students on the 12-months programme should take 20 credits from the following:
Full-time: 9 months Full-time: 12 months
Students will be resident and undertake full-time study in the UK. Under both, the 9 and 12-month programmes students take compulsory and/or elective modules in Part 2.
The 12 month option involves taking an elective 20 credit module between July and August, which would also mean a 20 credit reduction in the number of taught modules taken in the spring term.
Those who graduate in ISIB will leave us well equipped to pursue a wide range of careers in financial services. Many join investment banks to train as financial markets professionals in trading, sales and research, whilst others specialise in complex derivative products and others join brokers and commodity bankers. In addition, many graduates follow other career paths including consultancy, accountancy, operations, IT, and higher education and doctoral research.
The ICMA Centre is a Chartered Institute of Securities and Investment (CISI) Centre of Excellence. Centres of Excellence are a select group of UK universities, recognised by the CISI as offering leadership in academic education on financial markets. Students who are on a financially-related masters course recognised by the CISI are eligible for exemptions and membership.
ICMA Centre students who register and successfully complete two CISI Diploma in Capital Markets modules (Securities and Bonds & Fixed Interest Markets) are eligible for an exemption from the third module (Financial Markets).
ICMA Fixed Income Certificate
To obtain the requisite knowledge to pass the rigorous FIC exam, students are required to take the ICMA Centre Fixed Income Cash and Derivatives Markets module at Part 2. In order to receive the FIC certificate, students will need to register and pass the FIC exam through ICMA.
This Master's will help you enhance your skills and knowledge, and advance your career. You will gain a competitive edge by acquiring an advanced and critical understanding of theoretical frameworks and applied aspects of banking, financial regulation, financial markets, bank management and corporate financial management.
Our courses focus on providing you with practical application of banking and finance knowledge and techniques. This will allow you to develop the ability to research issues, analyse and solve problems and operate effectively in the context of modern banking and finance environments.
Recognising that the banking industry and financial markets are highly globalised and dynamic, this Master's has been developed so that it incorporates a study of different banking systems, international financial markets and emerging global trends and developments in banking in its core content.
Our innovative courses offer you a chance to explore in depth cutting edge developments in areas such as risk measurement and modelling, business and corporate banking and Islamic banking.
The dissertation element will give you an unique chance to develop your research abilities and deepen your expertise in an area of banking and finance in which you have developed a specific interest.
Our accounting and finance subjects at the University of Greenwich are ranked:
Greenwich is one of the top two most globally diverse universities in the UK, US, Australia and New Zealand, by Hotcourses Diversity Index.
We have also been named as one of the "most international" universities on the planet by Times Higher Education magazine.
This degree aims to:
Students are required to study the following compulsory courses.
Students are required to choose 1 course from this list of options.
Students are required to study the following compulsory courses.
Students are required to choose 45 credits from this list of options.
Students are required to study the following compulsory courses.
Students are required to choose 75 credits from this list of options.
Students are assessed through:
Graduates have management opportunities in the banking and finance areas. In recent years employers of our students and graduates include:
Helping graduates into careers is a very important part of our mission as a university. Job prospects for Greenwich graduates have been improving rapidly, with 93 per cent of 2014/15 Greenwich graduates looking for work were already in jobs or further study by January 2016 (according to latest national figures).
You will have frequent networking opportunities: Industry experts provide guest lectures, career development advice and curriculum input. Sector professionals are involved in developing content and teaching on various courses.
As part of our continuing Big Picture guest seminar series, senior executives from organisations including Northern Trust and Barclays are invited to pass on their insights and experience.
We have developed strong relations with companies in London's financial centres, including in the City, Canary Wharf and Fenchurch Street. This offers you networking, mentoring and internship opportunities in a perfect location to develop your career.
You can also reach out to top employers through our dedicated Business School Employability Office (BSEO). The BSEO team develops your employment skills through CV support, careers fairs, interview skills workshops and guidance through mentors to progress in the industry.
The BSEO team was shortlisted for the Times Higher Education Leadership and Management Awards which shows its dedication to actively support your career development.
We encourage you to join societies such as the Trading and Investment Society and take part in student competitions like the UK Trading Challenge. We are proud that our team of first year Greenwich students won the competition, beating teams from many other universities.
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)
Banking and financial services represents a highly competitive and rapidly changing sector in every modern economy. Changes in customer requirements, technology, competitive conditions and regulation create the need for managers, traders and analysts to make rapid and often far-reaching decisions about their short term operations and long term strategies. The MSc and MA in Banking and Finance degree courses at Bangor offer you a unique opportunity to study advanced theory and practice relating to financial services, and to develop an appreciation of the causes and significance of current developments in this vitally important and dynamic sector of the economy.
Issues you will tackle as part of your MA/MSc Banking and Finance degree programme include:
Why are the banking systems in different countries (such as the UK, Germany, Japan and the US) so diverse?
What determines the structure, performance and efficiency of banking and financial markets?
Why do banks and financial intermediaries exist?
What are the main theories of the banking firm?
How relevant are financial intermediaries in a world of increasing securitization and with the evolution of virtual banking?
How do banks optimally allocate capital?
Does bank regulation increase or decrease risks?
How do we measure the risks undertaken by banks?
Can regulators reduce the likelihood of systemic (system-wide) risk?
What are the relationships between risk and return governing investment in company shares and other derivative instruments?
Can market risk be priced accurately? Can credit risk be priced accurately?
How should institutional investors go about constructing a portfolio of assets to maximise returns on behalf of investors?
How can we assess the investment performance of pension funds, insurance companies and unit trusts?
How do banks use futures, options, derivatives and swaps to manage their balance sheet and off-balance sheet risks?
What are the key principles of international portfolio management in a world of fast and unpredictable movements in exchange rates?
How do banks manage their business so as to maintain customer relationships, improve operational efficiency and add shareholder value?
With these needs in mind, the MSc and MA Banking and Finance programmes at Bangor are designed to develop participants' existing skills through a scheme of specialist advanced study. An important objective is to provide participants with relevant analytical training, so that they are familiar with the latest theoretical and practical developments relating to banking, finance and capital markets. These programmes provide a coherent theoretical framework for the various subject areas, but the emphasis throughout is on advanced practical application of financial techniques in a real-world setting.
The availability of parallel MSc and MA degrees in Banking and Finance allows you to choose between registering for a more technical MSc degree (including a compulsory element in Financial Econometrics), and a less technical MA degree (for which Financial Econometrics is optional). The MSc degree may be more suitable for applicants with some previous background in mathematics, statistics or econometrics, while the MA degree is more suitable for applicants who prefer to adopt a predominantly non-quantitative approach to their studies. However, both degrees include a compulsory module in Research Methods, which includes coverage of both quantitative and non-quantitative research techniques.
The MA Banking and Finance is recognised by the Economic and Social Research Council (ESRC) as the first year of a 1+3 PhD training programme.
January intake: Taught modules are undertaken in the period of January to June and September to January and will involve the study of 120 credits. The dissertation (or equivalent) is valued at 60 credits and is undertaken during the period of June to September.
September intake: Taught modules are undertaken in the period of September to June and will involve the study of 120 credits. The dissertation (or equivalent) is valued at 60 credits and is undertaken during the period of June to September.
Research Methods: This module develops knowledge of intermediate and advanced research methods, and provides a basis in research methodology for those who may eventually wish to pursue research degrees.
Bank Financial Management: This module provides a grounding in the nature, strategic context and managerial functions of financial management in banks, and other financial services firms.
International Financial Markets: This module provides an overview of financial instruments in a multi-currency world, taking account of insights from portfolio theory concerning the relationship between risk and return, the diversification of risk, and the pricing of assets.
International Banking: This module examines the origins of international banking, the activities of international banks, the markets in which they participate, and the sources of risk.
Financial Crises and Bank Regulation: This module examines why banks and financial markets are inherently vulnerable to crises, and analyses the role of policy makers and institutions. The roles of monetary policy, bank supervision and regulation, corporate governance and ratings agencies in mitigating or exacerbating crises are considered.
International Financial Management: In this module the financial management of multinational companies and the influence of macroeconomic, fiscal, currency and political environments on business and financial decision-making are examined in an international and global context.
Islamic Finance: This course provides an insight into topical issues relating to Islamic financial instruments and related risk management issues.
Corporate Risk Management: This module provides an analysis of pure risk and its management.
Financial Institutions Strategic Management: This module examines the main theoretical and practical issues concerning banking business. You will develop a critical awareness of the theory of the banking firm, the motives for international banking, and regulatory and structural issues impacting on bank behaviour.
Financial Analysis: This module analyses the techniques that are used to evaluate a company’s financial position and performance.
Investment Strategy and Portfolio Management: This module evaluates the development of investment strategies for bonds, equities and derivatives that are designed to achieve optimal risk-return outcomes, and examines the measurement and evaluation of the performance of a portfolio of investments.
Islamic Banking: This module provides an insight into the key features of Islamic banking business.
You will gain the necessary skills and knowledge required to work in this growing and sophisticated banking and finance sector.
On completion of your programme you will be able to effectively perform relevant banking and finance tasks, including specific requirements of Islamic banking, financial products and services.
You will also learn to be effective, working independently and as part of a team, while critically evaluating and developing good practice in the planning and management of general, commercial and Islamic banking and financial products and services.
The programme is block delivered and there are six entry points per year.
This course has been designed to provide you with necessary skills and in-depth knowledge required to work in this growing and sophisticated Islamic banking and finance sector. Specifically the course will:
On successful completion of the course students will be able to:
The course is 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. 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:
The weighting between exams and coursework varies between modules and years, but exams still play a major role.
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.
All University of Salford students also have access to the MediaCityUK campus including its study facilities. MediaCityUK is home to major BBC and ITV departments and over 80 businesses across the creative and digital sectors. It is recognised as one of the most innovative developments in Britain and is a vibrant place in which to live, work, socialise and study.
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.