The MSc Banking and Finance is a unique, specialised postgraduate qualification for aspiring senior managers in the financial services sector. Designed in collaboration with key industry players, the MSc provides in-depth coverage of all topics essential for a successful leadership career in today’s fast-moving and competitive global banking arena.
The MSc provides direct entry to the prestigious Chartered Fellowship of the institute of Financial Services, the professional body of the The London Institute of Banking & Finance. To be awarded Chartered Fellowship (CFIFS) status, it is necessary to hold a minimum of three years relevant professional experience, in addition to the Masters qualification.
It is expected that the successful completion of this course will :
- Enable students to develop a broad and comprehensive knowledge and understanding of core areas of banking that underpin sound decision making.
- Provide students with opportunities to investigate and analyse a range of issues relating to financial markets, the banking sector and its environment, both local and global, to engage in practitioner debate, and to critique theory in the light of practice (and vice versa).
- Enable students to apply both academic tools and industry methodologies to critically analyse and evaluate operational and strategic decision-making in banking.
- Develop students’ ability to work at the frontiers of knowledge and understanding of banking, and to apply this knowledge and understanding systematically and creatively to new, complex and unpredictable circumstances in order to improve banking practice.
- Provide students with the opportunity to evaluate the impact of changing customer demand, regulatory change and risk management on banking practice.
- Develop students’ knowledge and understanding of the interrelationships between strategic and operational decision-making and risk management in different economic and business contexts, both locally and globally.
- Give students insights into and understanding of the local/global tensions in banking.
- Support students’ understanding of and reflections on ethical, good governance and sustainability issues within banking, and the range of means to manage and account for them.
- Enable students to critically analyse relevant strategies in other sectors of the economy and evaluate their appropriateness/impact in the banking sector.
- Enhance students’ suitability for senior management roles within banking.
- Enhance students’ ability to become autonomous and self-directed learners, able to manage their own professional development throughout their working life.
|1||Bank Risk Management and Regulation|
|1||Bank Strategy and Competition|
|2||Financial and Bank Accounting|
|3||Banking and the Economic Environment|
|OPTION MODULES (SELECT 2)|
|1||Capital Markets and Bank Asset-Liability Management|
|2||Commercial and Business Banking|
|3||Leadership in Banking|
|4||Marketing and Distribution of Financial Services|
Normally a 2.1 Honors degree (or equivalent) in a banking, economics or finance-related discipline from a recognised institution
Candidates holding The London Institute of Banking & Finance Associateship (or ACIB) / BSc, or a comparably challenging relevant undergraduate qualification, are encouraged to apply even if they do not meet this criterion.
Demonstration of relevant professional experience. Applicants should either be currently working in, or have experience of working in, the financial services sector.
Applicants for whom English is not their first language would be expected to demonstrate their competence through achieving an IELTS score of 7.0 or above with no element below 6.5 (or equivalent).
The London Institute of Banking & Finance