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

University Affiliation Program with the CFA Institute logo‌‌‌This 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 Banker Institute

We are a Chartered Banker Institute Centre of Excellence. We are one of only 8 centres globally to have this status. This course has a Chartered Banker pathway so you can achieve the Associated or full Member status of the Chartered Banker Institute. Membership forms a solid base for a successful career in banking and financial services.

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.‌

Chartered Institute of Management Accountants (CIMI) logo‌Chartered Institute of Management Accountants (CIMA)

Students who pass the exam in our module NBS8340: Introduction to Financial Reporting will be exempted from the CIMA examination in BA3: Fundamentals of Financial Accounting (part of CIMA Certificate in Business Accounting).

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, as well as the 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:

Course Downloads

Modules

Modules for 2017 entry

Compulsory modules

Optional modules

You will take further optional modules to a value of 30 credits, of which at least 10 credits must be taken in Semester 1. You can choose 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

2018-2019 fees

The fees displayed here are per course.

MSc

UK

Full time: £7,200

EU

Full time: £7,200

International

Full time: £19,200

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.

Find out the equivalent qualifications for your country.

Use the drop down above to find your country. If your country isn't listed please email: international.recruitment@ncl.ac.uk for further information.

English Language Requirements

Select an English language test from the list to view our English language entry requirements.

Please email us at international.recruitment@ncl.ac.uk for further information.

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

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 £50. 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