The MSc Banking and Finance is ideal for graduates who have not studied finance at undergraduate level and is suited to those with a degree in a business, economics or similar subject who wish to develop a career in the banking, finance or financial services sectors.
You will have the opportunity to engage with current business, banking and financial issues through specialist input and the completion of independent study. You will also be able to produce a substantial piece of original research into a banking or finance related issue.
You will study the following units:
Corporate Finance and Strategy Financial Economics and the Banking Crisis Investigating Business Practice Research Methods Dissertation
Financial Planning and Wealth Management
Behavioural Economics and Financial Decision Making
Course in Depth
Corporate Finance and Strategy This unit will develop your knowledge and skills in designing and implementing business strategy in the context of the external environment and internal capabilities. Key themes covered in this unit include: Corporate strategic theories; Implementation issues/approaches; external and internal environmental analysis; financial risk management; financial objective settings and financial analysis techniques.
Financial Economics and the Banking Crisis This unit explores the workings of the financial system, why the system developed and what can go wrong. You will explore the global economic crisis, the possible causes and solutions. The aim of the unit is to develop your key analytical skills in financial economics and understanding of the warning signs in the economy and the role of the central bank.
Investigating Business Practice In this unit you will work on a live business problem, from the setting of objectives through to the production and presentation of recommendations for a business audience. This is an investigative unit that will enable you to synthesise theoretical knowledge with practical application and supports the development of professional and employability skills.
Research Methods This unit will prepare you for your Master's Dissertation. It aims to develop your critical thinking, reflective writing and other study skills, including analysis and referencing, to successfully study at Masters level. The unit will introduce you to general research methods needed to successfully develop a dissertation proposal or research brief.
Dissertation In this unit you are expected to identify, structure, frame and investigate a complex managerial or financial issue and produce a substantial written document of your research, achievements and conclusions.
One option unit from:
Behavioural Economics and Financial Decision Making This unit develops an understanding of the use of the concepts and techniques of behavioural economics, with particular focus on the design of financial products and investment portfolios. The ability to synthesise and analyse the data necessary for portfolio construction and asset allocation is examined using the principles and techniques of behavioural finance.
Financial Planning and Wealth Management This unit examines the core components of financial planning and wealth management, including investment management, financial protection and the design of portfolio solutions for clients.
You will be taught in the Business School’s £75 million teaching and research headquarters on All Saints Campus. As a student of the Accounting, Finance and Economics Department, you will have complementary access to Bloomberg, the leading global platform used by the world’s leading banks, corporations and government agencies for news, data, analytics and research. There are opportunities to focus your assignments on your employment goals, or your current employer. You will have extensive access to real world data and academic journals. Our academic team includes internationally renowned economists and finance specialists. Timetabled lectures and seminars are complemented by the guest lecture series run by the MMU Accounting, Finance and Economics Society. Teaching staff on this programme are highly experienced practitioners and active researchers.