What is the role of banks in society today? How do they create value for their shareholders? And why do they need such extensive regulation?
Our MSc Banking and Finance builds on your existing knowledge of finance, economics or business to prepare you for a challenging and rewarding career in the banking sector.
You’ll explore bank efficiency, bank failures and crises, regulatory frameworks and risk. You’ll investigate the challenges of modern banking and understand how innovation in financial technology has disrupted the sector.
You develop a detailed understanding of areas including:
This course is taught at Essex Business School. Our expert team are at the forefront of financial debate and have presented their research at the Bank of England, the European Central Bank and the Federal Reserve. By embedding the latest academic and industry thinking into our teaching, you experience an education that’s at the forefront of the issues impacting today’s banking and finance sectors.
Essex has one of the largest groups of finance academics in the UK, providing a wide range of courses in banking, finance, investment, risk management and financial econometrics. This means you’ll also be able to choose from a huge range of optional modules to tailor your course to your interests and aspirations.
Our aim is to give you the best foundation for a career in banking or elsewhere in the finance sector. We want to help you understand the theory and put it into practice.
You’ll learn to use our Bloomberg Financial Markets Lab, which gives you access to the data and analytical tools found in financial institutions across the City of London and throughout the world.
Our Finance Group is one of the largest in the UK. Our team of experts are at the forefront of financial debate and combine academic and industry experience to explore issues that are truly relevant to people’s lives:
You’ll be taught by our team of experts with both academic and industry experience, including Professor Claudia Girardone. Claudia is Professor of Banking and Finance at Essex Business School and is also Director of the Essex Finance Centre (EFiC) and the School’s Director of Research. Professor Girardone has published over 50 articles on various aspects of banking and finance in books and peer-reviewed international journals and is currently on the editorial board of several journals. Her research focuses on banking sector performance and stability, bank corporate governance, the industrial structure of banking and access to finance.
We are home to two research centres, Essex Finance Centre(EFiC) uses social science theories to address the important issues faced by today’s organisations in the commercial, public and third sectors whilst Essex Centre for Macro and Financial Econometrics brings together academic and industry expertise from both inside and outside the University of Essex to research and help solve important issues in macroeconomics and financial markets.
Our zero-carbon building reflects our sustainable approach to business.
Located on our Colchester Campus and part of the Knowledge Gateway, our Essex Business School building features a unique winter garden, which gives the building its own micro-climate. The Eden-style dome provides an innovative working environment, which includes:
MSc Banking and Finance provides you with the foundation for a rewarding career in banking and finance, equipping you with the skills to lead at a global level. 93% of our Essex Business School students are in employment or further study (Graduate Outcomes 2020).
Many of our graduates enjoy roles in a host of occupations, including financial analysis, management, public administration and accountancy. They work for high-profile organisations and innovative SMEs such as:
We’re also proud of our student entrepreneurs, including international business incubator 0100Ventures and entrepreneurship website SlovakSTARTUP.
We work with the University’s Student Development Team to help you enhance your CV by taking part in careers opportunities, such as work experience, internships, placements, and voluntary opportunities. You can also attend our industry expert lectures in finance, as part of your course.
A 2:2 degree, or international equivalent, in a numerate discipline such as: Economics, Finance Mathematics, Statistics, Science or Engineering.
Your degree should contain at least one module relating to: Economics, Finance, Mathematics (calculus), Quantitative Finance/Methods or Econometrics (probability).
We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.
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The University uses academic selection criteria to determine an applicant’s ability to successfully complete a course at the University of Essex. Where appropriate, we may ask for specific information relating to previous modules studied or work experience.
We offer a flexible course structure with a mixture of core/compulsory modules, and optional modules chosen from lists.
Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The course content is therefore reviewed on an annual basis to ensure our courses remain up-to-date so modules listed are subject to change.
Following the impact of the pandemic, we made changes to our teaching and assessment to ensure our current students could continue with their studies uninterrupted and safely. These changes included courses being taught through blended delivery, normally including some face-to-face teaching, online provision, or a combination of both across the year.
The teaching and assessment methods listed show what is currently planned for 2021 entry; changes may be necessary if, by the beginning of this course, we need to adapt the way we’re delivering them due to the external environment, and to allow you to continue to receive the best education possible safely and seamlessly.
Components are the blocks of study that make up your course. A component may have a set module which you must study, or a number of modules from which you can choose.
Each component has a status and carries a certain number of credits towards your qualification.
|Status||What this means|
||You must take the set module for this component and you must pass. No failure can be permitted.
|Core with Options
||You can choose which module to study from the available options for this component but you must pass. No failure can be permitted.|
||You must take the set module for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.|
|Compulsory with Options
||You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
||You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.|
The modules that are available for you to choose for each component will depend on several factors, including which modules you have chosen for other components, which modules you have completed in previous years of your course, and which term the module is taught in.
Modules are the individual units of study for your course. Each module has its own set of learning outcomes and assessment criteria and also carries a certain number of credits.
In most cases you will study one module per component, but in some cases you may need to study more than one module. For example, a 30-credit component may comprise of either one 30-credit module, or two 15-credit modules, depending on the options available.
Modules may be taught at different times of the year and by a different department or school to the one your course is primarily based in. You can find this information from the module code. For example, the module code HR100-4-FY means:
The department or school the module will be taught by.
In this example, the module would be taught by the Department of History.
|The module number.||
The UK academic level of the module.
A standard undergraduate course will comprise of level 4, 5 and 6 modules - increasing as you progress through the course.
A standard postgraduate taught course will comprise of level 7 modules.
A postgraduate research degree is a level 8 qualification.
The term the module will be taught in.
COMPONENT 01: CORE
COMPONENT 02: COMPULSORY
COMPONENT 03: CORE
COMPONENT 04: CORE
COMPONENT 05: COMPULSORY
COMPONENT 06: OPTIONALEBS (Colchester Campus) option from list
COMPONENT 07: OPTIONALEBS (Colchester Campus) option from list
COMPONENT 08: COMPULSORY
£19,380EU students commencing their course in the 2021-22 academic year will be liable for the International fee.
Fees will increase for each academic year of study.
We hold Open Days for all our applicants throughout the year. Our Colchester Campus events are a great way to find out more about studying at Essex, and give you the chance to:
If the dates of our organised events aren’t suitable for you, feel free to get in touch by emailing firstname.lastname@example.org and we’ll arrange an individual campus tour for you.
We aim to respond to applications within two weeks. If we are able to offer you a place, you will be contacted via email.
For information on our deadline to apply for this course, please see our ‘how to apply’ information.
Home to 15,000 students from more than 130 countries, our Colchester Campus is the largest of our three sites, making us one of the most internationally diverse campuses on the planet - we like to think of ourselves as the world in one place.
The Campus is set within 200 acres of beautiful parkland, located two miles from the historic town centre of Colchester – England's oldest recorded town. Our Colchester Campus is also easily reached from London and Stansted Airport in under one hour.
If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360 degree virtual tour allows you to explore the Colchester Campus from the comfort of your home. Check out our accommodation options, facilities and social spaces.
Our staff travel the world to speak to people about the courses on offer at Essex. Take a look at our list of exhibition dates to see if we’ll be near you in the future.
At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.
The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.
The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.
Want to quiz us about your course? Got a question that just needs answering? Get in touch and we’ll do our best to email you back shortly.