Newcastle University

MSc Finance and Financial Regulation

Programme description

In light of the current economic climate, regulation and regulators have been in the spotlight as never before. Growth is occurring in these two sectors as governments and private organisations look to gain a greater understanding of how to create a more stable and robust financial industry moving forward.

Run in partnership with the School of Law, the MSc in Finance and Financial Regulation introduces students to the essentials of financial theory, including legal and regulatory supervision. The programme focuses on the central importance of regulation and supervision in ensuring that confidence and stability return to and enhance the recovery of the world’s financial markets.

Who is the programme for?

The programme offers candidates an opportunity to broaden their knowledge and understanding of legal and regulatory frameworks, while acquiring technical expertise in the field of finance and financial regulation. This degree of specialism would not otherwise be available on a general law degree.

Professional skill development

On a professional level, students will develop applied skills in:

• Document analysis and interpretation
• Navigating legal and regulatory texts and rulebooks
• Oral and written presentation

Programme structure

The programme is modular in structure, comprising 180 credits, which are studied on a full-time basis over 12 months.

Compulsory modules (130 credits) include:

• NBS8015 Financial theory and corporate policy (20 credits)
• NBS8019 Research methods in international economics and finance (10 credits)
• NBS8218 Legal and regulatory aspects of banking supervision (10 credits)
• NBS8219 Legal and regulatory aspects of money laundering and financial crime (10 credits)
• NBS8243 Introduction to law, regulation and legal methods and regulatory techniques (20 credits)
• NBS8246 Dissertation (60 credits)

Candidates shall take further optional modules to a value of 50 credits from the following:

• GEO8019 Money, space and power (10 credits)
• NBS8018 International money and banking (10 credits)
• NBS8200 Behavioural finance (10 credits)
• NBS8201 Risk modelling (10 credits)
• NBS8203 Retail and investment banking (10 credits)
• NBS8204 Central banking (10 credits)
• NBS8244 Islamic finance and islamic economics (10 credits)
• NBS8249 International finance (10 credits)

Lecturer quote

‘This programme has attracted very high quality students this year. So far two of those closer to graduation have received job offers from leading regulatory compliance consulting firms and at least one student has been accepted for further study for a PhD in the area of financial regulation.’ Professor Joanna Gray, Professor of Financial Regulation Newcastle Law School (2011).

Entry Requirements

Candidates are required to hold a minimum upper second class first degree (2:1) or overseas equivalent, in a related subjected area. For example: business, law or finance.  Candidates from other disciplines will also be considered.  Candidates must also have a basic level of numeracy which is equivalent to the UK GSCE Grade B in Mathematics.

Applicants who hold non-standard qualifications, and/or have an appropriate level of relevant experience, will be encouraged to apply and considered on an individual basis.

Applicants whose first language is not English require IELTS 6.5 or equivalent, with no less than 6.0 in any element.  Pre-sessional courses in English language are provided by the University and successful completion of these may be a condition of entry.

Fees

Fees per academic year 2012-13

UK/EU: full time £8,500

International: full time £15,900

Please refer to our Tuition Fees section for information about changes to fees and fee discounts.

• Postgraduate funding opportunities
• How to apply

Related Programme of Interest:

MSc Finance and Law with Islamic Finance