MSc Banking and Finance

A 2.1 undergraduate Honours degree in a closely related discipline such as finance, accounting and economics from the UK or the equivalent international qualification.Applicants with relevant work experience are welcome, and the University maytake work experience into account when evaluating applications.

For fees and funding options, please visit website to find out more

Alumni from the Banking and Finance programme, and more generally from other Masters programmes in the Business School, have secured employment in the fields of:

management consultancy
accountancy
investment analysis
investment banking
commercial banking
trading and asset management
other aspects of the financial services industry

Compulsory

• Advanced Corporate Finance: focuses on empirical and theoretical issues that arise in modern corporate finance.
• Applied Financial Econometrics: develops students' ability to undertake quantitative research by equipping them with econometric tools and techniques to analyse and interpret financial data.
• Banking and Finance: provides students with an in-depth knowledge and a rigorous background in the mainstream areas of modern banking and finance.
• Portfolio Management: covers concepts such as valuation, efficient diversification, and predictability of asset returns. The module contains a balance between theoretical models and their practical applications.
• Financial Data Analysis with Bloomberg: is designed to empower students to navigate the dynamic landscape of finance using Bloomberg as a powerful analytical tool and will balance key finance concepts with practical application.

Optional

Students choose two optional modules, taking one in each semester.

Here is a sample of optional modules that may be offered.

• Behavioural Finance: introduces students to key concepts in behavioural finance and distinguishes between conventional financial theory and behavioural approaches. Focuses on deviations from rational models, illuminating resulting biases that impact upon financial markets, their institutions, and other participants.
• Financial Systems: outlines the fundamentals of financial systems, focusing on the influence of technology and innovation along with the challenges that these pose to regulators. This module is required for achieving Chartered Banker Status.
• International Financial Management: covers the foreign exchange market, international monetary systems, exchange rate determination, currency risk management, and international investment and diversification.
• Risk Management: provides an insight into managing the exposure to risk and how to apply relevant theories to realistic financial decision problems. This module is required for achieving Chartered Banker Status.
• Financial Technology (FinTech): equips students with a knowledge of the technology underpinning FinTech by introducing advancements in blockchain, machine learning, and artificial intelligence, and provides an overview of key trends and considers the impact of FinTech on key aspects of Financial Services.
• Corporate Governance: explores how major corporate control events, such as mergers and acquisitions, leveraged buyouts, asset sales, spinoffs, financial distress, and bankruptcy, (re)shape firms and affect stakeholders.

Optional modules are subject to change each year and require a minimum number of participants to be offered; some may only allow limited numbers of students (see the University's position on curriculum development).

Dissertation

Students attend lectures throughout Semesters 1 and 2 to prepare them for conducting the research portion of the dissertation. The dissertation is normally on a specific area of banking and finance; however, you will have the freedom to develop a topic of your own, which is of interest to you and will contribute towards career development or further study goals.

You will be assigned a supervisor based on your research proposal submitted in the second semester. Students will then research and write a 15,000-word dissertation over the summer to be submitted on a date specified in August.

If students choose not to complete the dissertation requirement for their Masters degree (MSc), there are exit awards available that allow suitably qualified candidates to receive a Postgraduate Diploma. By choosing an exit award, you will finish your degree at the end of the second semester of study and receive a PGDip instead of an MSc.