Newcastle University Business School

Banking & Finance

Banking and Finance MSc

Full time: 12 months

Profile

Our Banking and Finance MSc provides you with the skills and expertise to pursue a career in the banking and financial market industries.

Worldwide growth in the financial services sector has increased the demand for professionals with specialist skills and competencies in banking and finance. This course is responsive to trends and issues in global financial services industries.

It features topics including:

  • retail banking
  • investment banking
  • investment management
  • central banking

What you'll learn

We will teach you how retail and investment banks function within financial markets. You'll also understand the role of other financial intermediaries.

You will study and apply theoretical frameworks in economics and finance. The course will also encourage you to engage with contemporary debates on issues related to financial markets and institutions. 

We will provide you with the opportunity to understand and critically analyse:

  • the role of commercial and investment banks within international financial markets
  • the functioning of financial markets
  • a wide range of investment management topics

Advanced software

Where possible you will have access to advanced statistical software including:

  • Eviews
  • SPSS
  • Stata
  • Gauss
  • MATLAB
  • SAS
  • Maple
  • Minitab

You will also have access to a number of financial databases including:

  • Bloomberg
  • Thompson Financial's DataStream
  • Fame
  • Amadeus
  • WRDS
  • Compustat
  • CRSP
  • Oriana

You will use these for your empirical projects in applied econometrics as well as your final dissertation. 

Your development

On completion of this course, you will develop relevant skills and a practical understanding of:

  • the role of retail and investment banks in modern economies
  • the operational behaviour of banks, financial markets and investors
  • contemporary debates in international financial markets
  • empirical modelling techniques in the areas of economics and finance
  • how to synthesise and present relevant data, conclusions and recommendations

Course recognition by professional bodies

CFA Institute's University Recognition Program

This course is part of the CFA Institute's University Recognition Program. This means that our course(s) incorporate at least 70% of the CFA Program Candidate Body of Knowledge (CBOK). We provide a solid grounding in the CBOK which will position you well to sit the CFA exams.

As a student on this course, you might be eligible for a CFA scholarship. This would entitle you to reduced CFA exam fees, including accompanying relevant materials.

Chartered Institute of Securities and Investments (CISI)

You will also benefit from our status as a Chartered CISI Partner University. The CISI is a leading international professional body for securities, investment, wealth and financial planning. You will have an opportunity to become a CISI member free of charge. Our partner status make sure you will be well prepared to sit the CISI Level 6 Financial Markets exam, as well as for your future career in investment and wealth management.

Career focus

This course will suit you if you are motivated to pursue any of the following careers

  • banker in retail and investment banks
  • financial trader, financial analyst or risk manager in financial institutions
  • economist in private and government organisations

Graduates from this course have undertaken various roles including:

  • Financial Analyst
  • Financial Trader
  • Fund Manager
  • Financial Economist
  • Chief Financial Officer
  • Auditor
  • Risk Analyst

Some graduates have gone on to do research in this area. At Newcastle, we offer PhD programmes in:

Throughout your time here you will have one-to-one support from our award-winning Careers Service. They will help you to make the most of your skills and to find the best opportunities. 

Delivery

This course offers a wide selection of modules spanning from banking to portfolio management. 

Guest lectures

Guest lectures on the course complement the study of theoretical frameworks. These lectures analyse the most recent trends in financial markets and banking industries. They also provide an overview of the available opportunities within the financial sector. 

You can view the profiles of some of our previous guest lecturers to get an idea of what we offer.

Events and networking opportunities

We offer a wide range of extra activities to help develop your skills and expand your knowledge of financial matters. They will also give you insights into different roles in the financial industry and boost your employability. This includes training on financial trading delivered with Amplify Trading, a CFA annual global investment challenge.

Throughout the academic year we also hold many events on campus that you are welcome to join. They are topical and provide great opportunities for you to network with:

  • national and multinational organisations
  • alumni
  • peers

Research led teaching

This course is delivered by a mix of highly experienced and prominent academics.

The course builds on our established research strengths in finance and economics:

Profiles of the academic staff who teach on the course:

Modules

Modules for 2016 entry

Compulsory modules

You will take compulsory modules to a value of 150 credits:

Optional modules

You will take optional modules to a value of 30 credits from the following:

These modules will be offered subject to availability. Other modules may be available to you with approval of the Degree Programme Director and subject to availability and timetabling.

Fees & Funding

2017-2018 fees

The fees displayed here are per course.

MSc

UK/EU

Full time: £6,000

International

Full time: £18,500

Funding for UK/EU students Number of awards Value of awards
Humanities and Social Science Postgraduate Excellence Scholarships

Up to 18 scholarships

£2,000 scholarships, awarded as a tuition fee discount.

Postgraduate Master’s Loan Scheme

Maximum of £10,000 (2016 entry) or £10,280 (2017 entry)

Postgraduate Opportunity Scholarships 2017/18

40

£5,000

Non EU students Number of awards Value of awards
Indonesia Endowment Fund for Education (LPDP)

Not specified.

The scholarship covers tuition fees and living expenses.

Vice-Chancellor's International Scholarships

255

£3,000

Our students/graduates Number of awards Value of awards
20% Alumni Tuition Fee Discount

Discount varies by level of tuition fee.

Our students/graduates Number of awards Value of awards
20% Alumni Tuition Fee Discount

Discount varies by level of tuition fee.

UK/EU students Number of awards Value of awards
Two PhD Studentships in Environmental/Animal Science/Clean Technology - Assessment of Environmental Impact of European Pig Systems

2

100% tuition fees at the UK/EU rate for the duration of your PhD and an annual stipend of £14,533  

Architecture, Planning and Landscape - Postgraduate Taught Home and EU Scholarship Scheme 2017

Not specified.

£2,000 scholarships (which will be deducted from your tuition fees) and full fees scholarships.

Humanities and Social Science Postgraduate Excellence Scholarships

Up to 18 scholarships

£2,000 scholarships, awarded as a tuition fee discount.

Doctoral Training Studentships (MRes plus PhD) in Cloud Computing for Big Data

12

100% of UK/EU tuition fees paid and an annual tax free stipend (or living allowance) of £14,296. Also significant additional funding to cover research costs and local, national and international travel (conferences and exchanges).

Postgraduate Master’s Loan Scheme

Maximum of £10,000 (2016 entry) or £10,280 (2017 entry)

PhD in Marine Science and Technology - Shipping Exhaust Gas Emission Modelling, Indexing and Regulation

1

100% of UK/EU tuition fees paid. £13,726 living expenses per year.

Disabled Students' Allowances

Varies

Professional and Career Development Loans

Varies

PhD Studentship in Chemical Engineering and Advanced Materials: The Use of Perovskite-type Oxygen-carriers for Hydrogen Production via Chemical Looping

1

Depending on how you meet the EPSRC’s eligibility criteria, a full award covers tuition fees at the UK/EU rate for the duration of your PhD and an annual stipend £14,296 (2016/17).  A partial award covers fees at the UK/EU rate only.

PhD Studentship in Chemical Engineering and Advanced Materials: Next generation of composite molten salt-ceramic membranes for selective separation of NOx, SO2 and CO2

1

Depending on how you meet the EPSRC’s eligibility criteria, a full award covers tuition fees at the UK/EU rate for the duration of your PhD and an annual stipend £14,296 (2016/17).  A partial award covers fees at the UK/EU rate only.

Industrial CASE PhD Studentship in Chemical Engineering and Advanced Materials: Data-driven modelling of glass durability and glass pouring rate in nuclear waste vitrification process

1

100% tuition fees at the UK/EU rate (depending on how you meet the EPSRC’s eligibility criteria), and an annual stipend £14,296 (2016/17).  A partial award covers fees at the UK/EU rate only.

PhD in Civil Engineering Discrete Element Method modelling of non-spherical particles: application to geomaterials, process and mining engineering

1

100% of UK/EU tuition fees paid and annual living expenses of £14,296 (full award). 

NIHR School for Primary Care Research Doctoral Studentship

1

100% UK/EU tuition fees paid and annual living expenses of £16,000.  Significant additional funding to cover research costs and local, national and international travel (conferences and exchanges).

PhD Studentship in Public Health and Epidemiology - Life-course determinants of poor oral health in older people: an epidemiological study using population-based cohorts in the UK and USA

1

100% of UK/EU tuition fees paid and annual living expenses of £14,296.   Also significant additional funding to cover research costs and local, national and international travel (conferences and exchanges).

1968 Postgraduate Hardship Fund

1

£2300

PhD in Geosciences (NERC Oil and Gas CDT studentship) - How depositional properties dictate the early diagenetic pathways and reservoir quality of sandstones?

1

100% of UK/EU tuition fees, annual living expenses of £14,296 (full award) and Research Training Support Grant (£5,000 p.a). 

PhD Studentship in the Institute of Health and Society and Durham County Council – Developing and feasibility testing an intervention to prevent childhood obesity in the early years

1

100% of UK/EU tuition fees paid and annual living expenses of £14,296.  This award also includes some funding to cover research costs and travel to conferences.

Industrial CASE PhD Studentship in Chemical Engineering and Advanced Materials: Data-driven modelling of glass durability and glass pouring rate in nuclear waste vitrification process

1

Depending on how you meet the EPSRC’s eligibility criteria, a full award covers tuition fees at the UK/EU rate for the duration of your PhD and an annual stipend £14,296 (2016/17).  A partial award covers fees at the UK/EU rate only.

PhD Studentship in Cell and Molecular Biosciences - Systems modelling of miR and mRNA networks in cartilage and osteoarthritis

1

100% tuition fees and stipend (£14,526 for 2017-18) for the duration. 

EPSRC PhD Studentships – Electrical and Electronic Engineering

UK students – 4 studentships
Non-UK EU students – 1 studentship

100% of UK/EU tuition fees.
UK students – annual tax-free stipend (living allowances) of £20,000.
Non-UK/EU students - annual tax-free stipend (living allowances) of £15,000.

EPSRC CASE PhD Studentship in Nanoscale Tomography and Chemical Analysis of Soft Materials in 3D

1

100% of UK/EU tuition fees paid and annual living expenses of £14,057 (full award).  Additional contribution from Proctor and Gamble to be confirmed before commencement.  Also significant additional funding to cover research costs and local, national and international travel (conferences and exchanges).

The Iland Research and Travel Award (For research relating to European Culture or Global Challenges)

Varies.

Research and travel awards of up to £1,000 for UK/EU postgraduate students.

The value of the scholarship will be paid directly to the award-holder and can be used as a contribution towards the costs of travel, accommodation and subsistence.

EPSRC Studentship – Electrical and Electronic Engineering

1

100% tuition fees and UK/EU rate for 4 years of study (MSc year + 3 years PhD), plus an annual stipend of £14,533.

Integrated PhD Studentship in the School of Mechanical and Systems Engineering: Bioprinting for Osteoporosis Modelling

1

100% of UK/EU tuition fees paid and an annual stipend of £14,000 in year 1 and £18,000 in years 2-4 (available to UK/EU applicants only).  Also additional funding to cover research costs and local, national and international travel (conferences and exchanges).

Postgraduate Opportunity Scholarships 2017/18

40

£5,000

MRes/PhD Studentship in Neurosciences – The Pattern and Progression of Dementia with Lewy Bodies

1

100% of UK/EU tuition fees and annual living expenses of £16,000.  Also significant additional funding to cover research costs and local, national and international travel (conferences and exchanges).

International (Non EU) students Number of awards Value of awards
School of Architecture, Planning and Landscape - Postgraduate International Scholarship Scheme (2017)

Not specified

£2,000 tuition fee scholarships

Vice-Chancellor's International Scholarships

255

£3,000

International Family Discounts (IFD)

10% of the tuition fee per year.

Fulbright Scholarships

Varies

British Marshall Scholarships

40

Varies

Newcastle University Overseas Research Scholarship (NUORS)

15

Tuition fee scholarships of typically £7,800 - £11,700 per year. The award covers the difference between fees for UK/EU students and international students.

Chinese Business Excellence Scholarships

Tuition fees scholarships from £5,000 for a range of Business School postgraduate courses.

Commonwealth Shared Scholarships Scheme

6

Tuition fees, living expenses, return economy air fare, study travel grant towards the costs of study-related travel within the UK or overseas plus a warm clothing allowance.

Newcastle Santander Scholarships

10

£5,000 payable towards the first year of tuition fees.

Indonesia Endowment Fund for Education (LPDP)

Not specified.

The scholarship covers tuition fees and living expenses.

USA Athlete Scholarship

10

£5000- £8000 payable towards the first year of tuition fees and a comprehensive support package (see Overview for further details).

All students Number of awards Value of awards
Doctoral Training Studentships (MRes plus PhD) in Digital Civics

11

100% of UK/EU tuition fees paid and an annual tax free stipend (or living allowance) of £14,296. Also significant additional funding to cover research costs and local, national and international travel (conferences and exchanges).

MSc Funding - 1st Class Scholarship (School of Civil Engineering and Geosciences)

Not specified

£2,000

Clinical Research Funding - various

Varies

Health Education England Bursaries (Physician Associate Studies, PGDip)

20 awards for 2017 entry

£18,000 bursary (£9,000 per year) and a contribution towards travel costs. The Bursary is paid as a tuition fee discount direct to the University.

School and Research Institute Studentships, Bursaries and Scholarships

Varies

Postgraduate Tuition Fee Instalments
2% Tuition Fee Discount

2% off annual tuition fee

Commonwealth Scholarship and Fellowship Plan (CSFP)

Varies

Varies.

Sir Mark Waller Postgraduate Law Scholarships

6 for international students, 2 for home/EU students.

Full and partial (£2,500-£3,000) tuition fee scholarships.

Charities and Trusts

Varies

Allergy Module Funding

Varies

Employer Sponsorship

Varies

FindAMasters.com and FindAPhD.com Postgraduate Scholarships

Not specified.

FindAMasters.com and FindAPhD.com are offering £12,000 in scholarships for postgraduate study.

Postgrad Solutions Study Bursaries

15

£500 payable towards tuition fees.

Teacher Training (PGCE programmes)
Cognitive Behavioural Therapy PGDip Bursaries

£2,000

The North of England P and I Association Limited (NEPIA) Studentship

1

£2500

Sport Scholarships

Varies

£500 - £10,000

PhD Studentship in Chemical Engineering and Advanced Materials: Mathematical modelling studies of rhythmic hydrogels for medical applications

1

Depending on how you meet the EPSRC’s eligibility criteria, 100% tuition fees at the UK/EU rate for the duration of your PhD and an annual stipend £14,296 (2016/17).  A partial award covers fees at the UK/EU rate only.

Research Excellence Academy PhD Studentship in Linguistics

1

The studentship includes the UK/EU rate of tuition fee and £14,296 living expenses per year (2016-17 Research Councils UK rate).

PhD Studentship in Chemical Engineering and Advanced Materials: Understanding Biological Pathways for Nanoparticle Synthesis

1

Depending on how you meet the EPSRC’s eligibility criteria, 100% tuition fees at the UK/EU rate for the duration and an annual stipend £14,296 (2016/17).

PhD Studentship in Cancer Research - Functional screening for novel therapies in high-risk childhood cancers

1

100% of UK/EU tuition fees paid and annual living expenses of £14,171.  Successful international candidates will be required to make up the difference between the UK/EU and international fee.

Business Excellence Scholarships

Tuition fees scholarships from £2,000 - £5,000 for a range of Business School Master’s courses.

MBA Business Excellence Scholarships

Tuition fee scholarships of £6,000 will be awarded to high achieving MBA candidates.

MBA Leadership Scholarships

Tuition fee scholarships of £10,000 will be awarded to high achieving MBA candidates.

PhD Studentship in Diagnostic Test Evaluation Methodology - Evaluations of diagnostic tests in the presence of an imperfect reference standard and the health economic considerations

1

100% of UK/EU tuition fees and annual living expenses of £14,296.  Also additional funding to cover research costs and local, national and international travel (conferences and exchanges).  Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD Studentship in School of Chemistry - Quantum Mechanical Simulations for the Development of Novel Cancer Therapies

1

100% tuition fees at the UK/EU rate and an annual stipend at RCUK rate (£14,296 2016/17).  Successful non-EU international students will be required to make up the difference between the UK/EU fees and international fees.

Research Excellence Academy PhD Studentship in Sociology - asylum seekers and refugees in peripheral urban areas in the north of England and the Italian South

1

100% of UK/EU fees and an annual stipend at RCUK rates (rate for 2016-2017 was £14,296 per year).  Also included is a research training and support grant of £750 per year and an overseas fieldwork support grant of £450 per year.

PhD Studentship in Cancer Research – Characterising Gene Expression Profiles in B-cell Precursor Acute Lymphoblastic Leukaemia to inform Treatment Options

1

100% of UK/EU tuition fees paid and annual living expenses of £14,057 (full award). Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD Studentship in Cell and Molecular Biosciences - Mechanistic understanding of cell wall biosynthesis to combat antimicrobial resistance

1

100% of UK/EU tuition fees paid and annual living expenses of £14,525.   Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD Studentship in Cell and Molecular Biosciences - Regulation of transcription and its implementation in synthetic biology

1

100% of UK/EU tuition fees paid and annual living expenses of £14,296 (full award).  A partial award covers fees at the UK/EU rate only.  Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD Studentship in Cell and Molecular Biosciences - Circadian regulation of gene expression and its application in synthetic biology

1

100% of UK/EU tuition fees paid and annual living expenses of £14,296 (full award).  A partial award covers fees at the UK/EU rate only.  Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD Studentship in Cell and Molecular Biosciences - Exploring the role of the human microbiota in promoting resistance to pathogenic fungi

1

100% of UK/EU tuition fees paid and annual living expenses of £14,296.  Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD Studentship in Energy - Trilemma evaluation of whole energy systems

1

100% of UK/EU tuition fees paid, annual living expenses £14,057. Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD Studentship - Prediction in brain-body interaction as a basis for emotions (and feelings)

1

The studentship carries an award of £14,296 per annum plus 100% of UK/EU tuition fees.

Great Britain Sasakawa Foundation MLitt/PhD Studentships for Studies Relating to Japan

Up to 3 (MLitt or PhD)

£10,000,contributing towards your MLitt/PhD tuition fees and living costs. 

PhD Studentship in Marine Science and Technology: An investigation of the relationship between the ‘in-service’ roughness of marine coatings, their impact on boundary layer flow dynamics/drag and ship operational efficiency

1

Fully funded for 3 years by International Marine, including 100% tuition fees at the UK/EU rate for the duration, an annual stipend £14,296 (2016/17), and costs of attendance at relevant workshops/conferences.

Masters by Research (MLitt) Scholarships in the School of Modern Languages

1

The Scholarship includes the UK/EU rate of tuition fee and £7,500 living expenses.

MA Scholarships in the School of Modern Languages

Scholarships are available up to the value of £5,000, awarded as a tuition fee discount.

PhD Studentship in Cancer Research - Molecular Characterisation of Primary Uterine Leiomyosarcoma and Preclinical Investigation of Response to Non-genotoxic Activators of p53 via the MDM2/p53/PPM1D Signalling Network

1

100% of UK/EU tuition fees paid and annual living expenses of £14,553. Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD Studentship in Computing Science - A Computational Systems Biology Approach to Psoriasis Treatment (Rosetrees Trust)

1

100% of UK/EU tuition fees paid and an annual stipend of £14,296 (full award).  Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD studentship in Molecular Microbiology - Constructing a crystal shell: biogenesis and function of the Clostridium difficile surface layer

1

Tuition fees at UK/EU rate and annual living expenses of £14,296.  Also significant additional funding to cover research costs and local, national and international travel (conferences and exchanges).  Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD studentship in Cancer Research - Validating key therapeutic targets in prostate cancer

1

100% of UK/EU tuition fees paid and annual living expenses of £17,000.  Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD project in Pure Mathematics: subalgebras of modular Lie algebras

1

100% tuition fees, a tax-free stipend of (up to) £14,296pa (16/17 level), a desktop computer, and £1500 travel allowance.

PhD in the School of Mathematics and Statistics - A project in Higher Dimensional Homological Algebra

1

100% tuition fees, a tax-free stipend of (up to) £14,296pa (16/17 level), a desktop computer, and £1500 travel allowance.

Eleanor Pinkney Oddie Postgraduate Scholarship for Latin

2

£1000

PhD Studentships in Neuroscience - Wellcome Trust Centre for Mitochondrial Research Studentship

4

100% of UK/EU tuition fees paid and annual living expenses of £14,553.  Successful international candidates will be required to make up the difference between the UK/EU fees and international fees.

PhD studentship - Institute of Cellular Medicine –Biomarker Identification and Ultra-Sensitive Assay Development for Antimicrobial Resistance (AMR)

1

100% of UK/EU tuition fees paid and annual living expenses of £14,553.  A successful international candidate would be required to make up the difference between the UK/EU fees and international fees.

Six PhD Studentships- Institute for Agri-Food Research and Innovation (IAFRI)

6

100% tuition fees at UK/EU rate plus an annual stipend of £14,553.  Successful non-EU international students will be required to make up the difference between the UK/EU fees and international fees.

Entry Requirements

A 2:1 honours degree, or an international equivalent. You also need to show a firm grasp of:

  • basic calculus
  • probability theory
  • statistical inference

If this is not evident from your transcripts, please use your personal statement to give details of your mathematical knowledge.

We will also consider your application on an individual basis if you have a 2:2 honours degree and substantial, relevant, professional experience.

International Students

To study this course you need to meet our Band 6 English Language requirements:

Direct Entry: IELTS 6.5 overall (with a minimum of 6.0 in all sub-skills)

If you have lower English Language scores, you may be accepted onto a pre-sessional English course. 

Our typical English Language requirements are listed as IELTS scores but we also accept a wide range of English Language tests.

The equivalent academic qualifications that we accept are listed on our country pages.

How to Apply

Use our Applicant Portal to apply for your course. We have a step-by-step guide to help you.

Start dates

The course starts in September. There is no application closing date for this course.

We suggest international students apply at least two months before the course starts. This is so that you have enough time to make the necessary arrangements.

Application fee

There is a non-refundable application fee of £40. You need to pay this before we can process your application.

To pay your application fee and make an application please visit our WebStore.

Deposit

If you live outside the UK/EU you must:

  • pay a deposit of £1,500
  • or submit an official letter of sponsorship

The deposit is payable after you receive an offer to study at Newcastle University. The deposit is non-refundable, but is deducted from your tuition fees when you register.

Student Profiles