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
Where possible you will have access to advanced statistical software including:
You will also have access to a number of financial databases including:
- Thompson Financial's DataStream
You will use these for your empirical projects in applied econometrics as well as your final dissertation.
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 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.
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).
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
- 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.
This course offers a wide selection of modules spanning from banking to portfolio management.
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
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:
Fees & Funding
The fees displayed here are per course.
Full time: £7,200
Full time: £7,200
Full time: £19,200
Modules for 2017 entry
- NBS8203 Retail and Investment Banking
- NBS8204 Central Banking
- NBS8330 Research Methods in Economics and Finance
- NBS8331 Introductory Econometrics
- NBS8332 Financial Theory
- NBS8333 Financial Derivatives
- NBS8334 Applied Econometrics
- NBS8020 Dissertation
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:
- NBS8018 International Money and Banking
- NBS8187 Time-Series Econometrics
- NBS8200 Behavioural Finance
- NBS8201 Risk Modelling
- NBS8219 Legal and Regulatory Aspects of Money Laundering and Financial Crime
- NBS8249 International Finance
- NBS8259 Cross Sectional and Panel Econometrics
- NBS8335 Corporate Finance
- NBS8336 Portfolio Management
- NBS8340 Introduction to Financial Reporting
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.
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.
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.
Pre-sessional English Course RequirementsPre-sessional English Course Requirements
- 6 week Pre-sessional entry: IELTS 6.0 overall (with 6.0 in writing and a minimum of 5.5 in all other sub-skills)
- 10 week Pre-sessional entry: IELTS 6.0 overall (with 1 sub-skill at a minimum of 5.0 and 3 sub-skills at a minimum of 5.5, including writing)
You can study our Pre-sessional English course at the INTO Newcastle Centre.
How to Apply
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.
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.
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.
In addition to studying, I took up responsibilities in other areas including course representative, peer mentor for other international business school students and committee member of the business school board of students. I was also a member of the parachute club and the experience of skydiving is definitely among the most exciting ones I have ever had.
The programme is very well-designed and has helped me to develop deep theoretical knowledge and analytical and practical skills, through its subjects and assignments. The theoretical strength and skills I've gained have enhanced my ability to shift my career path into the world of investment banking and pursue a career in a relevant area.
The modules were well structured and the assessments, including both individual and group work, engaged both theoretical and real-world knowledge. One of the best skills that I learned from the course was how to analyse data and solve problem using econometric software. I found this skill to be very helpful, especially for my dissertation topic.
The key benefits for me were the opportunities to study new topics in my field in depth and to further expand my understanding of how financial theory and banking affects the modern financial world. In addition, completing groupwork projects with different teams of international students enhanced my team-playing skills.
The Business School pays a lot of attention to personal knowledge development, which means lectures give students lots of opportunities to conduct individual projects, co-operating with peers and having discussions. This unique teaching method made it possible for us to put each theory we learned into practice.