In today’s global competitive marketplace, the successful corporate executive needs to understand how the legal system and legal regulation can impact on their own area of expertise. Accordingly, the BangorBusinessSchool and the Bangor School of Law have combined to offer an innovative suite of interdisciplinary MBA and MA programmes.
The MA in Banking and Law is an interdisciplinary programme that will enable the student to study key legal and regulatory developments affecting the financial sector. This includes the regulation of financial services, security instruments, corporate finance, arbitration and other issues affecting modern banks at UK, EU and international level. As well as the general principles of International Banking Law, you will also choose from a wide range of law and business. The programme will equip candidates with higher level knowledge in both the Banking and Law areas, as global Banking practice today is heavily influenced by the Law. In particular the financial and regulatory lessons to be drawn from the so-called ‘credit crunch’ in the USA and the UK will be examined. The MA degree is suitable for those who wish to adopt a predominantly non-quantitative approach to their studies. Course Structure
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 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 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 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 Banking and Capital Markets Law: This module will provide a sound understanding of the law and practice of modern international banking, including the regulation and prudential supervision of banks in the UK and EU in the areas of capital adequacy and risk management.
Optional Law modules (choose 2):
Comparative Corporate Governance: Major corporate scandals in the US, Europe and the UK in recent years have raised questions about the organisation and governance of companies, in particular large multinational organisations. The growth of private equity buy-outs has also raised issues of transparency and accountability.
Credit and Security Law: The supply of credit is the lifeblood of industry but of course a lender will require security. This module will examine in detail the provisions relating to the regulation of the supply of credit to consumers and business.
International Corporate Finance Law and Merger Regulation Law: This module focuses on the study of leading case law and selected legislation, relating to international mergers and their financing from several common law countries such as the USA, Britain, Ireland, Canada, Australia and New Zealand, as well as China, India and the EU.
International Commercial Arbitration: This module considers the theoretical and institutional structure of arbitration and alternative dispute resolution, examines the legal framework within which disputes are resolved and reviews the practice of international commercial arbitration.
Consumer Law: This module focuses on the main areas of legal liability and the pitfalls that can arise if an organisation does not comply with the relevant consumer protection rules both in the UK and Europe.
Intellectual Property Law: This module addresses the fundamentals of intellectual property law, the definition and scope of copyright; the authorship, ownership, duration and qualification for copyright protection.
Competition Law: This module focuses on the theory and law of competition, focusing on UK competition law, and EU competition law relating to the control of restrictive practices, vertical and horizontal restraints and abuse of a dominant position. Comparative regimes, in particular that of the US, are examined.
Industrial Property Law: This module examines the history and development of industrial property law in the UK, EU and internationally. It covers the law relating to trade secrets, patents, copyrights, design rights and trademarks.
World Trade Law: This module studies aspects of the regulation of international trade through the General Agreement on Tariffs and Trade (GATT) and the World Trade Organisation.
International Insurance Law: Insurance plays an important role in commerce and risk management. Insurance contracts are governed by the rules of general law of contract. The module explores the nature and scope of the contract of insurance, considers the general principles of insurance, and examines the relationships between parties to a contract.
International Taxation Law: This module studies the basic principles of income taxation of international transactions involving taxpayers of several European countries (including the UK, the Netherlands, France, Germany, Ireland), the US, Australia, Canada and Japan.
Employment Law: Modern employment law is complex, and imposes major compliance costs on employers. This module covers contract of employment, minimum wage legislation, discrimination against employees, and unfair dismissal actions before Employment Tribunals.
International Environmental Law: This module focuses on internationally recognised principles and values concerning environmental protection, and how they are translated into legally enforceable tools. Methods of environmental regulation are analysed and compared.