Our BSc Banking and Finance (including foundation year) is open to Home and EU students. It will be suitable for you if your academic qualifications do not yet meet our entrance requirements for the three-year version of this course and you want a programme that increases your subject knowledge as well as improves your academic skills.
This four-year course includes a foundation year (year zero), followed by a further three years of study. During your year zero, you study four academic subjects relevant to your chosen course as well as a compulsory English language and academic skills module.
You are an Essex student from day one, a member of our global community based at the most internationally diverse campus university in the UK.
How does financial theory aid corporate decision making? How do banks manage risk across global markets?
The past 20 years have seen banks and financial markets become increasingly globalised. Deregulation and advances in technology have empowered banks to expand their offerings, making them an integral component of all financial sectors.
BSc Banking and Finance combines academic rigour with practical financial skills to meet the needs of demanding careers in banking and finance. You have access to real-world Bloomberg Market Data Feed (B-PIPE), information and analytics in our virtual trading floor, where you can practise trading and analysing financial data.
You explore topics including:
The first year focuses on the finance and banking area of your degree and introduces you to the main functional areas of business, including accounting, finance, management and marketing. This gives you flexibility to work in any area of finance and banking or business after graduation.
In your final year, you have the opportunity to put your knowledge into practice by completing an in-depth, independent research project or dissertation. This will give you the chance to further develop vital employability skills in areas of research, time management and critical thinking.
Essex is one of just three UK universities to have received Q-Step Affiliate status, including for our BSc Banking and Finance, to support the way we develop the quantitative skills of our graduates.
This means we can provide work placement bursaries to develop your skills in evaluating numerical evidence, analysing data and designing research. We also offer the opportunity to follow a specialised degree path, where you graduate with enhanced quantitative skills. These are evidenced on your degree transcript to help give you the competitive edge in the graduate job market.
BSc Banking and Finance is taught at Essex Business School. Our finance group is one of the largest in the UK and our focus on ethical management means you graduate with the ability to make sound, responsible financial decisions.
Our students and staff join us from all over the world, so you join an international business community.
Essex Business School is an Investment Management Certificate (IMC) Advantage Partner and this course is aligned to the IMC syllabus, the industry’s benchmark entry-level qualification.
The University of Essex is also a member of the CFA Institute University Affiliation Program, enabling us to award up to six exceptional students each year with a scholarship that goes towards the fees for the CFA Program Level One exam, so you can start your journey to becoming a Chartered Financial Analyst (CFA). Achieving this accolade is one way to enhance your CV if you're interested in pursuing a career in investment management.
This course can also be taken with an optional study abroad or placement year.
The study abroad version of this course enables you to study overseas during your penultimate year. In all other areas, this version of the course remains identical to the standard variant.
You can study abroad with one of our exchange partners in the United States, Europe, Canada, Australia, New Zealand, Latin America, the Middle East, Hong Kong and Japan. In doing so, you experience other cultures and languages, meet new people, and gain intercultural skills that are sought-after by employers.
Alternatively, you may choose to take on a placement year to gain relevant work experience within an external business.
The Essex Business School Placements Manager can offer bespoke support throughout the process of researching, applying and interviewing for placements. However, it is your responsibility to apply, prepare for and secure your own role. In recent years, our students have gained placements with organisations such as BMW, Samsung and Cummins.
You’re taught by a group of highly qualified and enthusiastic academics and practitioners with diverse research interests. Their work has been discussed in the Bank of England and the Federal Reserve.
Our staff specialise in areas including:
Professor of Banking and Finance, Claudia Girardone, leads the way in finance research as Director of the Essex Finance Centre (EFiC), our long-established and world-renowned teaching excellence and research centre in finance and banking.
Professor Girardone is also Director of Research for Essex Business School and leads on embedding EFiC group research in the curriculum. You will benefit from her application of banking sector performance indicators and corporate governance in our finance programmes.
Our staff embed the latest research into your course, so you learn about real-world issues affecting business right now.
Our BSc Banking and Finance is based at our Colchester Campus.
In our landmark Essex Business School building - the first zero carbon business school in the UK - you’ll see our sustainable approach to business first-hand. Set around a lush winter garden, are a wealth of inspiring teaching and study zones.
Our unique building provides you with superb facilities:
Discover our trading floor:
Our business school is located on the University’s Knowledge Gateway, where you may be able to take advantage of networking and work experience opportunities with businesses located on site.
The dual disciplines of banking and finance mean that you will be well suited to sector specific roles in trading, analyst or wealth management as well as more generalist financial roles such as management consultancy or financial management.
We embed a series of core and specific skills into our undergraduate curriculum for BSc Banking and Finance to ensure that our graduates are suited to careers in finance, banking and management roles.
All of our taught modules embed elements of our skills map which emulate the skills which are required by employers of finance graduates, these generally include:
We embed a structured approach to student development and skills support throughout the curriculum and through additional support from the Essex Business School Learning Team.
Our students have gone on to become financial analysts, risk analysts, hedge fund managers and insurance trainees, with recent graduate destinations including:
Our banking and finance graduates enjoy successful careers in their fields.
Additional to the skills development offered by Essex Business School, BSc Banking and Finance students can also take advantage of the University of Essex Careers Service which focuses in particular on supporting the development of undergraduate employability, including: careers fairs, career mentoring, skills development, careers advice and guidance, placement year support, job opportunities, start-up support and more.
My favourite aspect of my course is that it taught me how banks operate in the financial system and it provided me with the ability to study risks and different ways to manage them. The course has a practical side to it that enables me to understand how the different financial institutions work and operate and how their interrelation is crucial to the stability of the financial system.
Soukayna Hachimi, BSc Banking and Finance with Placement Year, 2019
UK and EU applicants:
All applications for degree courses with a foundation year (Year Zero) will be considered individually, whether you
Our standard offer is 72 UCAS tariff points from at least two full A-levels, or equivalent.
Examples of the above tariff may include:
For this course all applicants must also hold GCSE Maths at grade C/4 or above (or equivalent). We may be able to consider a pass in Level 2 Functional Skills Maths where you cannot meet the requirements for Maths at GCSE level. However, you are advised to try to retake GCSE Mathematics if possible as this will better prepare you for university study and future employment.
If you are unsure whether you meet the entry criteria, please get in touch for advice.
Mature applicants and non-traditional academic backgrounds:
We welcome applications from mature students (over 21) and students with non-traditional academic backgrounds (might not have gone on from school to take level 3 qualifications). We will consider your educational and employment history, along with your personal statement and reference, to gain a rounded view of your suitability for the course.
You will still need to meet our GCSE requirements.
Essex Pathways Department is unable to accept applications from international students. Foundation pathways for international students are available at the University of Essex International College and are delivered and awarded by Kaplan, in partnership with the University of Essex. Successful completion will enable you to progress to the relevant degree course at the University of Essex.
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.
Sorry, the entry requirements for the country that you have selected are not available here. Please select your country page where you'll find this information.
English language requirements for applicants whose first language is not English: IELTS 5.5 overall, or specified score in another equivalent test that we accept.
Details of English language requirements, including UK Visas and Immigration minimum component scores, and the tests we accept for applicants who require a Student visa (excluding Nationals of Majority English Speaking Countries) can be found here
If we accept the English component of an international qualification then it will be included in the information given about the academic levels listed above for the relevant countries.
Please note that date restrictions may apply to some English language qualifications.
If you are an international student requiring a Student visa to study in the UK please see our immigration webpages for the latest Home Office guidance on English language qualifications.
What if my IELTS does not meet your requirements?
If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.
Do I need to have achieved an acceptable English language qualification before I apply?
You don’t need to achieve the required level before making your application, but it will be one of the conditions of your offer.
What if the English language qualification I hold, or am taking, is not listed?
If you cannot find the qualification that you have achieved or are pending, then please contact Admissions on firstname.lastname@example.org for advice.
Our Year 0 courses are only open to UK and EU applicants. If you’re an international student, but do not meet the English language or academic requirements for direct admission to your chosen degree, you could prepare and gain entry through a pathway course. Find out more about opportunities available to you at the University of Essex International College.
The course structure is designed to cover everything a future leader in the banking and financial industries may need to know.
During your year zero, you study four academic subjects relevant to your chosen course as well as a compulsory English language and academic skills module.
In year one our current students cover a more broad range of business topics, as well as being introduced to accounting and finance. However, we are planning some changes to our first year and we’ll be tailoring it more closely to your chosen course. After that your compulsory modules will cover topics such as corporate finance, portfolio analysis, international banking, financial markets and policy. You’ll also be able to pick from a variety of optional modules to further your understanding of your favourite banking and finance topics or to explore other areas of the business world.
We offer a flexible course structure with a mixture of core/compulsory modules, and optional modules chosen from lists. Please be aware that we are planning changes to our first year to make it more relevant to your chosen course.
Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The following modules are based on the current course structure and may change in response to new curriculum developments and innovation.
We understand that deciding where and what to study is a very important decision for you. We’ll make all reasonable efforts to provide you with the courses, services and facilities as described on our website. However, if we need to make material changes, for example due to significant disruption, or in response to COVID-19, we’ll let our applicants and students know as soon as possible.
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: CORE
COMPONENT 03: CORE
COMPONENT 04: CORE
COMPONENT 01: CORE
COMPONENT 02: CORE
COMPONENT 03: COMPULSORY
COMPONENT 04: COMPULSORY
COMPONENT 05: COMPULSORY
COMPONENT 06: COMPULSORY
COMPONENT 07: COMPULSORY
COMPONENT 01: COMPULSORY
COMPONENT 02: COMPULSORY
COMPONENT 03: COMPULSORY
COMPONENT 04: COMPULSORY
COMPONENT 05: COMPULSORY
COMPONENT 06: OPTIONAL2nd year EBS (Colchester Campus) option(s) from list
COMPONENT 07: OPTIONAL2nd year EBS (Colchester Campus) option or outside option
COMPONENT 08: COMPULSORY
COMPONENT 09: COMPULSORY
COMPONENT 01: COMPULSORY
COMPONENT 02: COMPULSORY
COMPONENT 03: COMPULSORY
COMPONENT 04: COMPULSORY
COMPONENT 05: COMPULSORY WITH OPTIONSBE937-6-FY or CS316-6-FY or BE944-6-FY
COMPONENT 06: OPTIONALEBS (Colchester Campus) option(s) from list or outside option(s)
On a placement year you gain relevant work experience within an external business or organisation, giving you a competitive edge in the graduate job market and providing you with key contacts within the industry. The rest of your course remains identical to the standard degree.
On your year abroad, you have the opportunity to experience other cultures and languages, to broaden your degree socially and academically, and to demonstrate to employers that you are mature, adaptable, and organised. The rest of your course remains identical to the standard degree.
£9,250 per year
£19,500 per year
Our events are a great way to find out more about studying at Essex. We run a number of Open Days throughout the year which enable you to discover what our campus has to offer. You have the chance to:
Applications for our full-time undergraduate courses should be made through the Universities and Colleges Admissions Service (UCAS). Full details on how to apply can be found on the filling in your UCAS undergraduate application web page.
Our UK students, and some of our EU and international students, who are still at school or college, can apply through their school. Your school will be able to check and then submit your completed application to UCAS. Our other international applicants (EU or worldwide) or independent applicants in the UK can also apply online through UCAS Apply.
The UCAS code for our University of Essex is ESSEX E70. The individual campus codes for our Loughton and Southend Campuses are 'L' and 'S' respectively.
For information on transferring from another university, applying when you are not at school or college, and applying for readmission, please see How to apply and entry requirements
If you are an undergraduate student residing in the UK who has received an offer to study with us in October 2024, you will receive an email invitation soon to book onto one of our Offer Holder Days. Our Colchester Campus Offer Holder Days run from February to May 2024 on various Wednesdays and Saturdays, and our Southend Campus Offer Holder Days run in April and May 2024 on various Wednesdays and Saturdays. Offer Holder Days provide the opportunity to meet your department, tour our campus and accommodation, and chat to current students. We appreciate that travelling to university events can be expensive, so we are offering an Offer Holder Day Travel Bursary, allowing you to claim up to £150 as reimbursement for travel expenses. For further information about Offer Holder Days, including terms and conditions and eligibility criteria for our Travel Bursary, please visit our Offer Holder Days webpage.
If you are an overseas offer-holder, you will be invited to attend one of our virtual events. However, you are more than welcome to join us at one of our in-person Offer Holder Days if you are able to - we will let you know in your invite email how you can do this.
If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360 degree virtual tours allows you to explore our University from the comfort of your home. Check out our Colchester virtual tour and Southend virtual tour to see 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 University would inform and engage with you if your course was to be discontinued, and would provide you with options, where appropriate, in line with our Compensation and Refund Policy.
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.
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