MSc International Banking & Finance

Postgraduate, Full-Time

Acquire the skills and tools you need for successful international banking management based on a critical understanding of theories and research in banking and finance.

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Course introduction

Whether you're contemplating a career in business or currently working and looking to upgrade your qualifications, this course will give you the tools you need for successful banking institution management.

Covering issues that range from creativity in business to the global economic environment and organisational behaviour, this course addresses the essentials of modern business and opens doors to increased employment opportunities at a postgraduate level.

Student discussion

The MSc in International Banking & Finance will familiarise you with the most current developments in global financial markets from the unique perspective of banking institutions.

The programme aims to prepare you for a career in banking and finance by enabling you to develop expertise in key areas of international banking institutions management.

You’ll acquire a critical understanding of current theories and research in the fields of banking, finance and law and develop the practical skills to apply this knowledge within an institutional framework.

You’ll learn to evaluate alternative theories and methodologies in international banking and finance and to make critical judgements on their applicability to complex issues where there is incomplete information.

This is a one year full-time course starting in September and is split up into three trimesters. You will learn by a variety of teaching methods including lectures, tutorials and independent study.

Subjects include

  • Financial Management
  • Financial Markets, Institutions and Banking
  • International Economic Law
  • International Banking and Insurance
  • Strategic Management in Global Banking
  • Research Methods
  • Dissertation
  • One option 

Study modules mentioned above are indicative only. Some changes may occur between now and the time that you study.

Full information on this is available in our disclaimer.

Graduates with an MSc in International Banking & Finance would normally seek to further their career in the areas of international banking, including:

  • international banks and financial institutions
  • international, regional and national regulatory agencies
  • government agencies and policy think-tanks
  • journalism and financial news
  • academics and research
  • consultancy
  • industry and commerce
  • non-profit development agencies

If you're already working in banking, you can expect to advance your personal development.

The entry requirement for this course is a Bachelor (Honours) Degree at a 2:2 or above. It is desirable to have a degree in Accounting, Finance, Economics and Law but is not essential.

We may also consider lesser qualifications if you have sufficient professional work experience within the industry. 

English language requirements

If your first language isn't English, you'll normally need to undertake an approved English language test and our minimum English language requirements will apply.

This may not apply if you have completed all your school qualifications in English, or your undergraduate degree was taught and examined in English (within two years of starting your postgraduate course). Check our country pages to find out if this applies to you.

Our entry requirements indicate the minimum qualifications with which we normally accept students. Competition for places varies from year to year and you aren't guaranteed a place if you meet the minimum qualifications.

International students

If your qualifications aren't listed above, visit our country pages to get entry requirements for your country.

Please note that non-EU international students are unable to enrol onto the following courses:

BN Nursing/MN Nursing (Adult, Child, Mental Health or Learning Disability)

BM Midwifery/MM Midwifery

Admissions policies

We are committed to being as accessible as possible to anyone who wants to achieve higher education.

Our admissions policies will help you understand our admissions procedures and how decisions are made.

Tuition fees
Students from 2018/19 2019/20
Home/EU £7,000 tba
Overseas £13,000 tba

Frequently Asked Questions about Fees
Information of Bursaries and Scholarships

Modules that you will study* as part of this course

Dissertation ( FIN11130 )

Research methodologies, critically reviewing literature, research design and ethics, data collection methods (qualitative, quantitative and mixed), analysis methods, research writing and dissemination. Individual research, production of a dissertation, reflection on work undertaken.

Further information

Employment Law ( LAW11101 )

European, statutory and common law rights: Employment courts and procedure; institutions of employment law; Human Rights.
The employment relationship: formation and sources of the contract of employment; specific and implied terms and the legal consequences of unilateral change.
Contractual and statutory protection on dismissal; redundancy; transfer of undertakings and deficient wages.
Unlawful discrimination and remedies.
Equal pay; maternity pay and family friendly rights.
Intellectual Property; Data Protection; confidential information and 'whistle-blowing'.
Health and Safety law.
Collective employment law: trade unions; immunities and industrial action.

Further information

Financial Management ( ACC11118 )

The financial environment, types of debt and equity instruments and their features, measurements of the cost of capital including WACC, capital structure theories and practices, investment appraisal techniques including Net Present Value and Internal Rate of Return, appraising investment under conditions of risk and uncertainty including M&A projects; working capital management and short term financing decisions, risk management policies involving operating and financial risk

Further information

Financial Markets, Institutions and Banking ( FIN11128 )

Financial system: functions, structure, intermediaries and globalisation
Interest rates: theory, determinants of supply and demand, equilibrium rates, policies
Financial markets: money, bond, equity and derivative markets, integration, infrastructures
Financial Institutions: insurance, savings, investment, asymmetric information, moral hazard interest
Modern Banks: organisational structure, activities, risks, regulation, failures, competitive issues

Further information

Global Finance ( FIN11108 )

The module will examine the structure and functions of the international monetary and financial system. It will analyse the development and the implications of the global financial marketplace. It will examine the functions, products, participants, operational arrangements of, and the linkages between, the money markets – short-term interest rate products, the foreign exchange market, the government and corporate bond markets, the equity capital markets and the international derivatives markets.

Further information

International Banking and Insurance ( FIN11107 )

It will review the different trade finance techniques and schemes provided to develop international trade, including documentary credits, forfeiting and other specialist finance instruments. Examine the role of banks and insurance companies and government agencies in providing finance, insurance and guarantee schemes for international business. Be able to appraise the different products and services available in the international market. Analyse the different payment methods. Critically appraise the different techniques for managing risk within financing international trade. There will be an examination of the functions, generic products and operational mechanics of the foreign exchange market and the international financial derivatives markets – forwards, futures, options and swaps

Further information

International Economic Law ( LAW11109 )

Legal framework of international economic law; World Trade Organisation (WTO) law; international financial regulation; regulation of multinational corporations; international investment law. economic co-operation; prevention or encouragement of cartels; convergence of laws regulating economic activity.

Further information

Investment, Corporate Finance and Portfolios ( ACC11113 )

Review of risk and return fundamentals and portfolio theory
Valuation models equity and bonds
Computation of efficient portfolios and the efficient frontier
Evaluating investments, investment strategies and models
Earnings quality issues and financial ratio analysis, Common stock financing, Debt Financing
Alternative investments
Measures of investor risk aversion, and the concept of utility
Portfolio management strategies
Internationally diversified portfolios
Behavioural finance issues - aspects of investor psychology and behaviour

Further information

Principles of Financial Regulation ( FIN11105 )

The module will critically appraise the rationale for financial market regulation and evaluate the regulations in both developed and developing financial markets. Assess the impact of regulation on both the provider of financial services and the consumer by analysing the conduct of business procedures and regulations. Examine and appraise the move by regulators from procedure and rules based regulatory environment to a principles based regulatory environment and to discuss the rationale for this development. Evaluate the issues raised for regulators with the increasing globalisation of the financial markets and institutions and the increasing use of the Internet for the provision of financial services. Consider the appropriateness of the regulations of international banks and Internet transactions. Examine previous regulatory failures and appraise the lessons learnt and how these can be developed to inform future regulations while maintaining choice and competition for consumers of financial services.

Further information

Research Methods ( SOE11131 )

Research methodologies, critically reviewing literature, research design and ethics, data collection methods (qualitative, quantitative and mixed), analysis methods, research writing and dissemination.

Further information

Strategic Financial Management ( ACC11106 )

Strategic financial management - nature and theories
Sources of finance from a strategic point of view
Strategic financial risk management
Interest and market risk management
Theory and practice of capital structure - impact to corporate strategy
Dividend policy - implications to shareholder value
Takeovers, mergers and acquisitions (M&As)
Capital adequacy
Option valuation

Further information

Strategic Management in Global Banking ( FIN11129 )

Strategy: Definition, Development and Strategic Decision Making
Financial Intermediation, Banking and Metrics
The post-crisis regulatory landscape
Customers, Markets and Marketing
Managing International Businesses
Organisational form, ownership, governance
Change, IT and fostering innovation
Managing risk, developing reputation
Global Banking Opportunities

Further information

* These are indicative only and reflect the course structure in the current academic year. Some changes may occur between now and the time that you study.