MSc

International Finance and Banking

Key Facts

Course Code N126
  • Qualification

    MSC

  • Typical Course Length

    1 Year

Apply Now

The MSc International Finance and Banking degree programme provides you with the knowledge and skills required for a successful career in banking, with an emphasis on the international banking business. You will study and gain an in-depth understanding of international finance with the banks as the purveyors of finance in a globalised world. You will study banking and financial intermediation, international financial markets and the roles that banks play in those markets. Within the programme, you will examine and evaluate the importance of central banking and international regulatory frameworks such the Basel III and the important roles they play in maintaining a sound international financial system. Throughout the programme, you will have the opportunity to study and understand the concept of risk management especially with respect to managing portfolios of bank risk assets.

The knowledge you gain will be applied within a framework of corporate governance and sustainability equipping you with the skills to appreciate and evaluate the crucial role that ethical governance plays in the success of international business organisations such as banks. These skills will be underpinned by sound financial theories, concepts and empirical evidence. 

Overview

As a student on the MSc in International Finance and Banking, you will gain a thorough understanding of international financial markets, financial institutions, and financial instruments. You will study equity instruments, bonds and other fixed-income instruments, derivatives, and risk management. In corporate finance, you will build an in-depth understanding of the financing options available to companies and their tax implications, the choice of a company’s capital structure, evaluation of the company’s cost of capital and its relevance to investment decisions, measurement and evaluation of financial performance, and dividend policy. In the area of international capital markets, you will study foreign exchange markets, and you will develop an understanding of the complex factors affecting the movement of capital in a globalized world. To underpin your study of financial instruments and financial markets, you will be encouraged to develop an independent capability to design and estimate appropriate models for the analysis of financial data.

Course Details

Duration:

One year full-time. The academic year (September to September) is divided into three semesters: September to January; January to June; June to September.

Assessment:

Assessment takes the form of; research proposals including a related bibliographic element, case studies, oral assessments and essays. Each student will complete a MSc dissertation worth 60 credits, which deals with aan area of chosen study in the third semester. 

Entry Requirements:

A good Honours Degree (or its equivalent) plus satisfactory references from your University. Previous experience in a relevent subject is necessary.

English Language Requirements:

If you have a Bachelor’s degree from a UK University, you do not need to take an English proficiency test.

Non-native English speakers who do not meet this requirement must take a University-recognised test of academic English language proficiency. For further information please see our English Language requirements page.

Course Fees:

Please see the tuition fee pages for current tuition fees. Please note that all fees are subject to an annual increase.

Funding:

Funding opportunities may be available, please check our funding calculator for details.

Modules

Core

Module Name Module Code Credit Value
Advanced Corporate Finance ABM1320 20
Banking And Financial Intermediation ABM1520 20
Corporate Governance And Sustainability ABM5420 20
Dissertation ABM1960 60
Financial Research Methods ABM1420 20
International Financial Markets And Investments ABM1220 20

Options

Module Name Module Code Credit Value
International Finance And Capital Markets ABM1820 20
Portfolio Analysis And Management ABM1620 20

Employability

The MSc International Finance and Banking degree at Aberystwyth University gives you the opportunity to pursue a career within the finance and banking sector at national and international levels. Potential careers include:

  • Financial strategy
  • Actuarial profession
  • Corporate banking
  • Tax
  • Investment analysis
  • Financial trading
  • Retail banking.


Upon completion of the MSc International Finance and Banking degree, you will possess the following transferable skills that are highly sought after by employers:

  • Understanding organisational behaviour and structure
  • Improved numeracy skills and the ability to research, interpret and use business and financial data
  • Deep understanding of the causes and effects of economic and other external changes
  • The ability to communicate clearly written and spoken
  • Effective problem solving
  • Analytical and creative thinking skills
  • Decision-making
  • The ability to work independently and as part of a team
  • Time-management and organisational skills
  • Self-motivation and self-reliance.


Learning & Teaching

You will be taught by expert academic staff across lectures, tutorials and seminars. In addition to individual essays and written exams in some modules, students are assessed on other activities that require report-writing, presentation and research skills.

Semester One: 

  • International Financial Markets and Investments
  • Corporate Finance
  • Financial Research Methods

Semester Two:

  • Financial Analysis and Decision Making
  • International Finance and Capital Markets 
  • Banking and Financial Intermediation OR Portfolio Analysis and Management

A final dissertation will also need to be submitted for completion.