MSc Global Finance and Banking

Gain the research and critical thinking skills to support your career aspirations in global finance and banking.

Course Overview

As today’s global financial landscape evolves more rapidly than ever, it’s vital to stay ahead of the curve. Our expert academics have specially designed this course to help you achieve this and so much more. From future-proof risk management to financial data interpretation, we’ll equip you with the knowledge and skills necessary to excel in international finance.

Rooted in academic excellence and delivered by the triple-accredited King’s Business School, this programme offers a unique blend of theoretical methodologies grounded in real-world practice. As a graduate, you’ll unlock exciting new leadership positions, from asset management and finance consultancy to derivatives analyst and compliance officer roles.

Are you ready to take on the challenge? Join our course and take your career to the next level.

Course details

Mode:100% online
Length:2 years (part-time)
Fees:£26,076
Start dates:January, April and September
Next welcome week:
Next start date:3 September 2024
Application deadline:6 August 2024

How you're assessed

Assessments are designed to test your knowledge, understanding and critical awareness of the topics discussed during the course. We’ll also look at your ability to analyse and apply specialist knowledge to practice. While these may vary between modules, they are likely to include one or more of the following:

Projects

Group presentations

Written coursework (including essays, dissertations and a research project)

What are the entry requirements?

Standard Requirement: You’ll need to meet one of the following criteria:

  • A 2:1 honours degree (or above) in a business, finance or other quantitative subject area or international equivalent.
  • A 2:1 honours degree (or above) in any subject area or international equivalents and at least two years’ relevant professional experience.

Degree certificates or transcripts (including evidence of quantitative subject) will be required when submitting your application. If you’re required to provide evidence of your professional experience, you should also include a CV detailing your professional experience in the finance sector.

Non-Standard Entry Requirement: Applications for candidates who fall outside of the standard entry requirements are still considered and are assessed on a case-by-case basis. This includes candidates applying based on professional experience and/or qualifications.

Non-standard applications must be supported by degree certificates or transcripts (where relevant) and a CV detailing your professional experience in the finance sector.

English Language Requirements: English language band: B 

To study at King’s, it is essential that you can communicate in English effectively in an academic environment. You’re usually required to provide certification of your competence in English before starting your studies.

Nationals of majority English speaking countries (as defined by the UKVI) who have permanently resided in this country are not usually required to complete an additional English language test. This is also the case for applicants who have successfully completed:

  • An undergraduate degree (at least three years duration) within five years of the course start date.
  • A postgraduate taught degree (at least one year) within five years of the course start date.
  • A PhD in a majority English-speaking country (as defined by the UKVI) within five years of the course start date.

Personal Statement and Supporting Information: Depending on your previous qualifications, you may need to submit a personal statement and a reference letter as part of your application.

You’ll need to submit a copy (or copies) of your official academic transcript(s), showing the subjects studied and marks obtained. If you have already completed your degree, copies of your official degree certificate will also be required. Applicants with academic documents issued in a language other than English, will need to submit both the original and official translation of their documents.

You’ll need to submit your CV as part of your application to highlight your experience.

 

Course modules

This module introduces the quantitative methods and financial econometrics used in banking and finance.

You’ll cover industry-standard techniques like Ordinary Least Squares estimation, Instrumental Variable estimation, Probability models, and more. Rather than simply learning about the methodologies, you’ll go further and focus on how they can be applied practically in empirical analyses. 

In this module, you’ll gain a thorough understanding of investment management processes using industry-standard methods employed by banks and financial institutions.

Focusing on the practical application of finance theory, you’ll explore decision-making aspects such as investment rules, diversification, financial market theories, and risk management. By applying these to real-world scenarios, you’ll develop a profound awareness of how contemporary investment techniques drive progress in finance.

This module goes beyond standard accounting practices, focusing on the practical application of financial statement analysis. You’ll explore its use in evaluating investments, assessing ongoing business value, and gauging corporate performance.

Additionally, you’ll learn how it’s used in critical operations like risk identification and management. You’ll become proficient in interpreting key financial statements, ratios, and recognising potential pitfalls.

This module introduces financial derivatives, covering key contracts like Futures, CDOs, CDS, and some Exotic Options. Focusing on practical use, pricing methods, and arbitrage concepts, you’ll learn why and how derivatives are used in industry for hedging and speculation.

You’ll delve into various pricing approaches and applications, including the Binomial Tree Approach, the Black Scholes Model and the Monte Carlo Method for pricing financial derivatives.

This module introduces Corporate Finance and Mergers and Acquisitions, led by an experienced industry practitioner in M&A advisory and Merger Arbitrage Trading.

It covers Corporate Finance professionals’ responsibilities, focusing on modeling tools for valuing projects and companies. The module also explores the roles of traders and portfolio managers, particularly at hedge fund and asset management firms.

This module focuses on practical risk management in the financial industry, exploring types of risks and effective mitigation tools and processes used by institutions.

It goes beyond risk identification, covering analyses of the financial system, key portfolio risks for banks, methods for managing diverse risk types, and an overview of main risk models for managers. By the end of this module, you’ll have a solid understanding of contemporary risks in the financial sector.

This module introduces econometric techniques in finance. You’ll explore empirical research on asset returns, market efficiency, and pricing models like CAPM, APT, and consumption-based CAPM.

You’ll focus on applying the methodology in practical empirical analyses of real finance issues. By the end of this module, you’ll have enhanced your analytical, report-writing, and critical research evaluation skills.

This module delves into the regulatory framework of Wealth Management for both companies and individuals in modern banking. Topics include client rights, complaints, money laundering, and best execution. You’ll explore client profiling for building tailored wealth portfolios, and how they translate into investment guidelines.

The module covers major asset classes, investment approaches, and wealth solutions such as insurance and pensions within the broader wealth portfolio context.

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