Banking and Finance MSc/PG Cert/PG Dip | Middlesex University London
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Banking and Finance MSc/PG Cert/PG Dip

Learn about the course below

Banking and Finance MSc/PG Cert/PG Dip

Code
PGN302
Start
October 2017
(September 2017 - EU/INT induction)
Duration
1 year full-time
2 years part-time
Attendance
Full-time
Part-time
Fees
£10,500 (UK/EU)
£14,000 (INT)
Course leader
Nitin Deshmukh

With immense power to affect organisations, economies and the day-to-day lives of everyday people, our banks and financial systems play a vital role in maintaining stability throughout the world. A career in this sector is filled with exciting and important challenges to right the wrongs of the recession and develop new innovative ways to do business.

Why study MSc Banking and Finance at Middlesex?

Featuring the advanced learning you need to embark on a stimulating career in the financial sector, this course has an emphasis on relevant and prominent issues for the sector such as financial regulation, risk management, international systems, banking institutions and securities markets. We value skills training as highly as we value theory, so you can also expect to learn the practical ways in which you can use this knowledge within your profession, including training in a range of financial software systems.

Many of our academics are involved in pioneering research in areas such as portfolio management, corporate finance and ethics in finance, and have been practitioners with organisations such as Standard and Poors and The European Bank for Reconstruction and Development. They have the knowledge and expertise to ensure you emerge from the course with a thorough understanding of domestic and international banking, together with a practical knowledge of key quantitative concepts.

Course highlights:

  • International focus to increase your career opportunities in corporate finance, risk management, investment banking, private banking, and treasury
  • Year-long modules to improve learning and enhance assimilation of complex subjects in a rewarding and beneficial manner
  • Advanced skills preparation in financial modelling, econometrics, and quantitative risk management to prepare you for the practical requirements of your profession
  • Training in specialist industry standard databases systems such as Bloomberg and Datastream, as well as software packages including Stata

What you will study on the MSc Banking and Finance ?

Our modules are specifically structured to give you plenty of time to utilise large amounts of data and explore complex subjects to their fullest. To begin with the course will equip you with the theory and practice needed to communicate and evaluate empirical work, as well as giving you valuable training in specialist databases and software packages. You will then move on to explore relevant theories such as financial derivative products, international financial regulation, financial risk management and key aspects of corporate finance, as well as how to apply them to practical situations in the financial sector.

Now with the skills and knowledge to research and disseminate financial data to support arguments and draw valuable conclusions you will embark on an original dissertation research project. This is a chance for you to extend your knowledge of a selected topic and to apply it to the formulation and design of a substantive investigation.

There are three different awards available for this course:

  • PG Certificate route comprises two 30 credit modules
  • MSc route comprises two 30 credit modules, four 15 credit modules and a dissertation
  • PG Diploma route comprises two 30 credit modules and four 15 credit modules
  • Modules

    • Banking and Financial Institutions (30 Credits) - Compulsory

      This module aims to advance students understanding of modern financial systems and institutions, utilising economic theory and empirical evidence. The programme initially explores the complexity and the integrated nature of international banking systems and regulation.

      The module emphasises the relationship between financial systems and economic performance, particularly the mechanisms by which the former may help to improve resource allocation and economic growth and stabilise banking systems. It also examines the causes of weaknesses in financial systems, including the roots of financial crises. Information-related problems and the way these are addressed by different types of financial institutions and systems will be central to the analysis.

      The investigation of emerging issues and contemporary trends in domestic and international banking will also be an important part of the programme. It aims at developing students ability to apply economic/finance tools and techniques in a variety of decision-making contexts for banking.

    • Financial Econometrics (30 Credits) - Compulsory

      This module aims to equip students with theoretical concepts and applications of modern applied econometrics. Students will acquire an understanding of the empirical techniques commonly used in economic research; the problems of data collection and analysis and the importance of empirical work in different fields of economic practice and policy. Expertise will be developed in the use of appropriate computational software packages Stata.

      Students will also learn to use two specialist databases, Bloomberg and Datastream. The skills needed to communicate the results of empirical work in finance and economics, and to critically evaluate results, projections and forecasts in academic work and public policy.

    • Applied Corporate Finance (15 Credits) - Compulsory

      The aim of this module is to develop an understanding of the major issues in corporate finance. In particular it develops the student s ability to analyse corporate finance issues; apply finance theories to deal with practical issues in corporate finance; and investigate emerging issues and contemporary trends in the field.

    • International Financial Markets (15 Credits) - Compulsory

      The general aim of this module is to develop in students an advanced understanding of financial derivative products. More specifically, the module aims to provide students with an understanding of the pricing mechanics of financial derivative instruments and an understanding of the applications of financial derivative instruments in hedging, arbitrage and speculation. The module will incorporate the Bloomberg Financial Database in teaching the concepts, valuation principles and application of financial derivative products.

    • International Risk Management (15 Credits) - Compulsory

      The aim of this module is to develop in students an advanced understanding of the theory and practice of financial risk management, and will provides students the opportunity to develop risk modelling skills, analytical and numerical skills in banking risk management practice. Based on recent theoretical and empirical developments, the module rigorously examines the framework in which financial and non-financial firms make their financial risk management decisions with an emphasis on firms operating in an international environment. The module will incorporate the Bloomberg Financial Database in the teaching of the principles of financial risk management.

    • International Financial Regulation (15 Credits) - Compulsory

      This module aims to allow students to develop an understanding of the process of financial risk regulation in domestic and international banking. This module provides students the opportunity to develop skills in banking risk management practice, including knowledge of financial instruments used by financial institutions to manage credit, operational, and market risk. The module will place an strong emphasis on the knowledge of existing international regulatory frameworks, such as the Basel Capital Accords, the European Capital Directives, along with the impacts of international financial regulation on emerging markets will be analysed and the effect of accounting standards.

    • Dissertation (60 Credits) - Compulsory

      This module aims to provide students with the opportunity to bring together the knowledge and skills developed during the programme and apply them to the problems of formulation, design, execution and analysis of an original research project on a substantive financial issue. It also aims to provide an opportunity for the students to extend their knowledge of a selected topic and to apply it to the formulation and design of a substantive investigation.

You can find more information about this course in the programme specification. Module and programme information is indicative and may be subject to change.

How is the MSc Banking and Finance taught?

As well as standard lectures and seminars the course will also entail individual and group presentations. This academic focused work will be augmented by sessions and training in computer labs, including the Financial Markets Lab. You will also be shown how to collect data from resources such as Datastream, Bankscope and Fame.

With regard to the dissertation the course includes several workshops on different aspects of writing a dissertation from academics teaching on this programme who have produced high-quality, internationally-known research.

Assessment

All modules are assessed through coursework, which can be a combination of individual and/or group work, presentations and class based tests. There are also final exams in 2 modules.

  1. UK & EU
  2. International
  3. How to apply
  1. UK & EU
  2. International

How can the MSc Banking and Finance support your career?

This Banking and Finance course is for those who wish to progress into public and private sectors in the areas of investment banking, corporate banking, financial regulation, investment management, equity, foreign markets, corporate treasury management, derivatives and risk management. Our graduates have gone on to work in a wide range of roles at companies including Barclays, RBS and the Bank of England.

Careers that this course will set you on the path towards include:

  • Finance Analyst
  • Risk Manager
  • Bank Loan Officer
  • Client Relationship Managers
  • Treasury Manager
  • Investment Banker

Dr Nitin Deshmukh
Senior Lecturer

Nitin joined the Business School in 2012. Before joining academia, he worked for several years in industry as a successful fund manager.

Dr Nemanja Radić
Senior Lecturer

Nemanja is an author of several publications in top peer-reviewed journals. Prior to joining Middlesex University, Nemanja held positions in Huddersfield University, London Metropolitan University and University of Rome where he obtained his PhD.

Dr Edward Bace
Senior Lecturer

Edward specialises in transmitting his experience and expertise in credit, commercial and investment banking in educational settings, having gained experience with Standard & Poor's, Lehman Brothers and EBRD.

Professor Ephraim Clark
Associate Professor

Author of eight books and over 90 papers in professional and academic journals, Ephraim has been a full-time academic since 1989. He has two PhDs from the University of Paris, one in Development Economics and the other in Financial Economics.

  • Middlesex staff profile

    Aisha Asad

    MSc Banking and Finance

    I am studying my Masters (MSc Banking and Finance) having previously studied Business and Business Economics. I chose to continue studying with Middlesex at a postgraduate level as the structure of my undergraduate course and the teaching was prodigious, which assisted me in achieving a First Class degree.

    One of the most rewarding aspects of studying at Middlesex was the opportunity to meet the inimitable academics who are inspirational individuals and experts in their subject area; knowing and working with them has been a pleasure. My studies here have enabled me to become a Graduate Teaching Assistant in Economics for the University. I am thoroughly enjoying the experience so far and I am now keen to remain in the field of academia. I would highly recommend Middlesex University to those considering post graduate study. The teaching is prodigious, the ambiance is delightful and the academics are truly inspirational. There really isn’t a better venue to build your academic foundations and shine.

  • Middlesex staff profile

    Jamshed Shaikh

    MSc Money, Banking and Finance Credit Risk Analysis, Standard Chartered Bank

    I chose to study MSc Money, Banking and Finance at Middlesex University because I have experience in the banking industry and the modules offered on the course make it a good combination to climb the career ladder in the banking and financial industry.

    The tutors on the course were helpful, cooperative and some of them, Dr Amrit Judge and Marie Wong especially, were great. The way of rendering knowledge is appreciable and this helps me a lot. The interaction in seminars and the support extended by the tutors remained remarkable.

    I currently work in Credit Risk Analysis at the Standard Chartered Bank in Pakistan. I am currently planning to work on my Doctorate within the next few years, and Middlesex University would be my first choice of institute.

  • Middlesex staff profile

    Myint Chit

    MSc Money, Banking and Finance, currently studying a PhD at Middlesex University

    I chose to study at Middlesex University because it was one of a few universities providing a master degree in banking and finance. My decision to come here was based on the expertise of the teaching staff, the course content, location and value for money.

    I chose MSc in Money, Banking and Finance to extend my knowledge. I wish to apply my knowledge and expertise developed on the course to help to develop the financial sector of my home country. I want to become a senior research fellow in a research institution focusing on East Asian economies. The course lecturers at Middlesex are very helpful and because of their encouragement and help, I graduated MSc degree with distinction.

    Based on my experience, I then decided to do a PhD in Middlesex University and was awarded a four-year PhD studentship by the university. The basis of my research is analysing how exchange rate volatility affects the exports of emerging East Asian economies: China, Indonesia, Malaysia, the Philippines and Thailand. The staff always encourages me to do more and more research and at the same time they are ready to challenge the results to improve the research. Since I came to study in Middlesex University, I have changed my world. Now I am just like in a new world doing what I enjoy.

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