Finance and Banking MSc

Course structure

The course is composed of three phases:

• Phase 1 teaches the core subjects of finance, economics and research methods

• Phase 2 introduces specialist modules in finance and banking

• Phase 3 is the dissertation that draws together the learning from the whole of the programme, allowing you to develop your research skills and capacity for critical analysis while creating a specialisation in a particular field of finance and banking

All modules on the course involve both taught sessions and guided independent study. For a typical module, approximately 30% of the total hours comprise taught activity, 10% is guided study and supervision, and the remainder is independent study.

Syllabus

Core modules will give you practical background knowledge in key finance subjects. From term 3 you will be able to tailor your course through a choice of specialisms and option modules. The specialisms currently offered are banking, accounting, investment, economics and risk management.

Core modules

• Economics of Financial Markets
• Financial Theory and Practice
• Research Methods for Finance and Economics
• Dissertation

Mandatory specialism module (Term 2)

• Banking and Financial Institutions
• Money, Interest Rates and Banking

Option modules (choose one)

• Advanced Financial Mathematics
• Applied Econometrics and Financial Time Series Analysis
• Banking and Financial Institutions
• Emerging Financial Markets
• Financial Derivatives
• Financial Regulation: Economic Principles and Institutional Frameworks
• Financial Risk Management
• International Portfolio Management
• Issues in Financial Accounting
• Issues in Management Accounting
• Market-making and Investment Strategies

Completion of your final project (dissertation) takes place throughout the summer after teaching finishes. You submit your project in October and receive your MSc award in December.

Modules in focus

Banking and Financial Institutions

This module provides a theoretical background and practical knowledge of the way that banks operate and the problems that they face in the modern financial system. It combines economic theory with historical context to consider issues such as: banking competition; efficiency; the role of domestic, international and shadow banking as well as the interaction between commercial banks; investment banks; and fund managers. The effect of changing technology and new financial regulations are also considered.

• The theory of financial intermediation
• The structure of the financial system
• The internationalisation of banking
• Bank failures
• Banking regulation
• Mergers and acquisitions in banking
• Shadow banking
• Small business finance
• Insurance
• Fund management
• Financial innovation
• Islamic finance

Money, Interest Rates and Banking

The aim of this module is to develop your knowledge of money interest rates and banking. You learn about macro and microeconomic models of money and banking, the limitations of such models, and the policy implications of these models in a dynamic world where the regulatory, technological and macroeconomic background is changing.

• The function and history of money and banking
• Information, expectations and confidence
• Macroeconomic and microeconomic models
• Goals, targets, instruments and strategies of monetary policy
• The monetary transmission mechanism
• Financial intermediation
• Monetary policy and the open economy

Dissertation

In the final phase of the course, you will complete a dissertation relating to finance and banking.

The dissertation will be 10,000–15,000 words long. It will address an accounting problem that requires you to undertake research leading to practicable recommendations based on sound analysis and judgement. You will finalise the topic in consultation with the course leader and other specialists in banking research.

You will receive help from your dissertation supervisor, who will monitor and support your progress. The dissertation is submitted in October.

Real-time trading room

As part of your course you will have access to modern computing facilities and specialist computing packages, for students on the Market-making and Investment Strategies module this includes access to our real-time trading room, fed by up-to-the-minute data from Reuters. 

One of a handful of such facilities across the UK, our trading room sessions are supervised by guest traders and provide you with the opportunity to apply your skills to real markets and real data, and make use of simulation software to recreate the pressure of a trading floor. 

We also invite guest traders to discuss curriculum topics, pass on their trading experience and supervise trading sessions.

Student trading society

We highly recommend students join our thriving Student Investment and Trading Society, which is established and run by students for the purpose of organising social and networking events, arranging talks by visiting industry experts and facilitating annual trading competitions against other universities. 

Learning support

Experienced, professionally qualified lecturers and small class sizes will ensure your learning needs are supported. Online learning tools and libraries also ensure academic journals, e-books, business articles and other resources are available to you 24/7, both for use at the university and at home. 

You will also have access to our Careers Service, including CV checking, mock interviews and advice on setting up your own business. 

Staff profile

Robert Hayward, Course Leader
Robert has 15 years' experience of working in the financial services sector, with responsibility for producing economic forecasts and capital market strategies for traders and bank customers.

He has an MSc in Economics and a PhD on Speculation in the Foreign Exchange Market. He joined the University of Brighton in 2011 and his main interests are capital markets, foreign exchange and behavioural finance.

Meet the rest of our finance team on our blog.

Robert Hayward, course leader

International requirements and visas

We can help you meet our English language or academic entry requirements.

Visas and immigration advice

Course fees

Scholarships, bursaries and loans

We offer a range of scholarships for postgraduate students. Bursaries and loans may also be available to you.

Find out more about postgraduate fees and funding.

What's included

You may have to pay additional costs during your studies. The cost of optional activities is not included in your tuition fee and you will need to meet this cost in addition to your fees. A summary of the costs that you may be expected to pay, and what is included, while studying a course in Brighton Business School are listed here.

• Students who choose to take an optional placement will have travel and living expenses. The cost of this depends on where and how long your placement is.
• Some courses include optional field trips for which the school pays – you may incur minimal costs such as for food and drink and should budget up to £15.
• You will be required to buy textbooks and should budget up to £150.

You can chat with our enquiries team through the Stay in touch panel at the end of this page if you require further information. Or check our finance pages for advice about funding and scholarships as well as more information about fees and advice on international and island fee-paying status.

Info

The fees listed here are for full-time courses beginning in the academic year 2020–21.

Further tuition fees are payable for each subsequent year of study and are subject to an annual increase of no more than 5% or RPI (whichever is the greater). The annual increase for UK/EU students, who are subject to regulated fees, will increase no more than the statutory maximum fee.

You can find out more about our fees in the university's student contract and tuition fee policy (pdf).

The tuition fee you have to pay depends on a number of factors including the kind of course you take, and whether you study full-time or part-time. If you are studying part-time you will normally be charged on a pro rata basis depending on the number of modules you take.

Local area

Campus where this course is taught

Accommodation

Maps