Our Finance MSc teaches you advanced knowledge and skills in financial markets and institutions. You'll learn how they function and interact with the real economy.
Worldwide growth in the financial services sector has furthered the demand for students with specialist skills and competencies in finance.
Our course is responsive to trends and issues in global financial markets and services. It features compulsory modules in financial theory and corporate policy. It also includes optional modules on financial markets, financial institutions and applied empirical methods in finance. It is closely related to our Banking and Finance MSc.
This course will suit you if you are motivated to pursue a career in:
- investment banking
- financial research
- financial trading
What you'll learn
Your studies will include financial markets and institutions and the management of asset-specific, company and country risk. We'll teach you how to analyse their roles within the international financial system.
The course will develop your understanding of the key financial principles and theories. You'll also improve your existing IT and research skills, which employers value in this competitive sector.
You'll understand and analyse international financial markets, institutions and the strategies of investors. We'll encourage you to engage with contemporary debates on important issues related to the operation of financial markets and institutions. You will learn about the types and function of financial markets such as stock, bond, foreign exchange and derivative markets.
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'll use these for your empirical projects in applied econometrics as well as your final dissertation.
On completion of the course you will be able to:
- apply appropriate econometric and computational techniques in the area of finance
- show advanced capability with some econometric and computational techniques
- critically analyse the results generated by these techniques
- synthesise and present relevant data, conclusions and recommendations to both specialist and non-specialist audiences
- apply knowledge, skills and understanding to complex issues within the finance and related industries
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 degree 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.
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).
Graduates from the course have undertaken various roles including:
- Chartered Financial Analyst
- Financial Trader
- Risk Analyst
- Chief Financial Officer
Throughout your time here, you will have one-to-one support from our award-winning Careers Service. They can help you make the most of your skills and to find the best opportunities.
The course is modular, with taught modules from October to May and a final dissertation project from June to September.
Guest lectures by practitioners and policy makers on this 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 range of extra-curricular activities to develop your skills and knowledge on financial matters. We also help you gain 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 hold many events on campus that you are welcome to join. Events are topical and provide great opportunities for you to network with:
- national and multinational organisations
Research led teaching
This course builds on our established research strengths in finance and economics:
Profiles of academic staff who teach on the course:
Modules for 2017 entry
- NBS8015 Financial Theory
- NBS8019 Research Methods in Economics and Finance
- NBS8186 Introductory Econometrics
- NBS8202 Financial Derivatives
- NBS8257 Applied Econometrics
- NBS8020 Dissertation
You will also take optional modules to a value of 50 credits, of which you must take at least 10 credits in Semester 1 and 20 credits in Semester 2. You can choose from the following:
- NBS8018 International Money and Banking
- NBS8187 Time-Series Econometrics
- NBS8200 Behavioural Finance
- NBS8201 Risk Modelling
- NBS8203 Retail and Investment Banking
- NBS8249 International Finance
- NBS8259 Cross Sectional and Panel Econometrics
- NBS8335 Corporate Finance
- NBS8336 Portfolio Management
- NBS8337 Economics of Commodity Markets
- NBS8340 Introduction to Financial Reporting
Fees & Funding
The fees displayed here are per course.
Full time: £7,200
Full time: £7,200
Full time: £19,200
A 2:1 honours degree, or international equivalent. Your transcripts need need to show an understanding of:
- basic calculus
- probability theory
- statistical inference
You can use your personal statement to show your mathematical knowledge if it is not clear from your transcripts.
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.
There is a great sense of community within the Business School. Right from the induction week, there were a number of opportunities to socialise with and work alongside postgraduate students following different degree programmes to my own. Being based in the same building, it was very common for me to see people I knew and have a chance to catch up with them.
Everything was new for me – the structure of the lessons and the new English speaking environment. I really enjoyed lectures and seminars. I met many different people from different cultural backgrounds. It was an unforgettable experience.
I found the empirical methods taught in this programme to be most useful. The Empirical Methods module taught me how to use software to analyse a large amount of data and deliver a good report. Through seminars and workshops, I had opportunities to contribute to discussions and actively learn through practicing skills.
I have developed the ability to apply theory and the programme has helped me to enhance my teamwork skills. Newcastle has become my ‘home town’ in the UK. During my time here, I’ve met young people from all over the world, and we have created our own family, living and learning together like sisters and brothers.
We have very good facilities at the University in terms of libraries, computer clusters, lecture theatres and the Careers Service. All the buildings have computer clusters, the Career Service holds numerous events for students and our lecture theatres are very well planned and huge and equipped with the all the latest technology.
I lived with other international postgraduate students in student accommodation - it gave me good opportunities to build relationships and make friends with other students. I was a little anxious about travelling abroad to a new place to study but it was really great in Newcastle - I certainly enjoyed myself and I think you'll really enjoy it too!