Banking and Finance MSc
**Academic Requirement at Undergraduate level for students with British Qualifications stay the same regardless of the Student's country of residence.
Statement of Intent, reference letter, Detailed CV, Academic transcripts, minimum 2 years of work experience at relevant field.
About The Program
About The University
Minimum English language requirements – IELTS 6.0
Minimimum Academic Requirement
English Proficiency Requirement
Average Decision Time
Yearly Tuition Fees
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All eligible students will automatically be considered for an International Scholarship worth £3,000 per year.
All outstanding students (e.g. 1st class honours degree holders, A Grade students, GPA 3.5+/4) will automatically be considered for a Merit Scholarship worth £4,000 per year.
You may also be eligible for other scholarships and discounts available for international students.
This degree programme provides the opportunity to follow the prestigious CFA (Chartered Financial Analyst) specialist pathway and acquire the skills to complete the CFA Level 1 examination (for both September-intake and January-intake students). Click here for more information.
Banking and financial services represents a highly competitive and rapidly changing sector in every modern economy. Changes in customer requirements, technology, competitive conditions and regulation create the need for managers, traders and analysts to make rapid and often far-reaching decisions about their short term operations and long term strategies. The Banking and Finance MSc course at Bangor offers you a unique opportunity to study advanced theory and practice relating to financial services, and to develop an appreciation of the causes and significance of current developments in this vitally important and dynamic sector of the economy.
Issues you will tackle as part of theMSc Banking and Finance degree programme include:
Why are the banking systems in different countries (such as the UK, Germany, Japan and the US) so diverse?
What determines the structure, performance and efficiency of banking and financial markets?
Why do banks and financial intermediaries exist?
What are the main theories of the banking firm?
How relevant are financial intermediaries in a world of increasing securitization and with the evolution of virtual banking?
How do banks optimally allocate capital?
Does bank regulation increase or decrease risks?
How do we measure the risks undertaken by banks?
Can regulators reduce the likelihood of systemic (system-wide) risk?
What are the relationships between risk and return governing investment in company shares and other derivative instruments?
Can market risk be priced accurately? Can credit risk be priced accurately?
How should institutional investors go about constructing a portfolio of assets to maximise returns on behalf of investors?
How can we assess the investment performance of pension funds, insurance companies and unit trusts?
How do banks use futures, options, derivatives and swaps to manage their balance sheet and off-balance sheet risks?
What are the key principles of international portfolio management in a world of fast and unpredictable movements in exchange rates?
How do banks manage their business so as to maintain customer relationships, improve operational efficiency and add shareholder value?
With these needs in mind, this programme at Bangor has been designed to develop participants’ existing skills through a scheme of specialist advanced study. An important objective is to provide participants with relevant analytical training, so that they are familiar with the latest theoretical and practical developments relating to banking, finance and capital markets. These programmes provide a coherent theoretical framework for the various subject areas, but the emphasis throughout is on advanced practical application of financial techniques in a real-world setting.
The MSc Banking and Finance is recognised by the Economic and Social Research Council (ESRC) as the first year of a 1+3 PhD training programme.
January intake: Taught modules are undertaken in the period of January to June and September to January and will involve the study of 120 credits. The dissertation (or equivalent) is valued at 60 credits and is undertaken during the period of June to September.
September intake: Taught modules are undertaken in the period of September to June and will involve the study of 120 credits. The dissertation (or equivalent) is valued at 60 credits and is undertaken during the period of June to September.
Founded in 1884, Bangor University has a long tradition of academic excellence and a strong focus on the student experience. Around 10,000 students currently study at the University, with teaching staff based within fourteen Academic Schools.
The University was founded as a direct result of a campaign in the late nineteenth century for higher education provision in Wales. Funds were raised by public subscription to establish a college of university rank in Bangor. An important feature of its foundation was the voluntary contributions made by local people, including farmers and quarrymen, from their weekly wages over a period of time.
Bangor University is ranked in the top 40 in the UK for research*, according to the Research Excellence Framework (REF) 2014. The REF recognised that more than three-quarters of Bangor’s research is either world-leading or internationally excellent, ahead of the average for UK universities.
Bangor University has achieved a Gold Award, the highest rating possible, in the national Teaching Excellence Framework (TEF).
The TEF assessment took into account teaching quality, learning environment and student outcomes and learning gain. We were judged to deliver consistently outstanding teaching, learning and outcomes for our students and our teaching is of the highest quality found in the UK.
Bangor University is committed to being known globally as The Sustainable University. Much of what we do is based on our desire to bring sustainability to life, whether through our teaching, research or public engagement. We have established The Sustainability Lab to lead on all aspects of sustainability across the University.
Student life at Bangor University is vibrant and diverse. We have more than 200 Students’ Union Clubs and Societies, covering a range of interests, activities and sports, which means there’s something for everyone. Student membership is free, so all our students can take advantage of the extra-curricular opportunities offered. Our Clubs and Societies were named best in the UK at the WhatUni Student Choice Awards 2019.
Students are given help and support from the moment they arrive. Our Student Services Centreprovides advice and guidance on matters from money and housing to disability support, counselling, dyslexia, study skills and local faith provision. Every year hundreds of second and third year students are trained as Peer Guides to welcome new students to Bangor and provide practical advice to help them settle-in.
The University was originally based in an old coaching inn called the Penrhyn Arms. In 1903, the city of Bangor donated a 10-acre site overlooking the city at Penrallt for a new building, and substantial sums of money were raised by local people to help meet the cost. The foundation stone for this was laid in 1907, and four years later in 1911 the main building was opened, together with some arts and social science buildings and part of the Library.
The Science Departments remained in the Penrhyn Arms for another fifteen years. In 1926 they moved to new purpose-built accommodation which had been constructed with the assistance of funds raised by the North Wales Heroes Memorial.
Today, The University has over 11,000 students and 2,000 members of staff. Bangor University is committed to providing teaching of the highest quality, conducting research of the highest quality, taking good care of its students and playing a full role in the wider community of Wales .