MSc International Banking, Finance and Risk Management

To keep up with the continued changes in the financial services sector, bank regulation and bank operational risk management, there is an increasing demand for employees to remain at the forefront of these changes.

We collaborate with leading financial services organisations to keep our modules cutting-edge and ensure that by making the decision to study the programme you have the confidence to apply this newly learned information in the industry.

Broaden and enhance your knowledge, understanding and skills in the area of domestic and international bank operations and risk management by learning from our diverse teaching team. They have a broad range of experience, ranging from academic to industry expertise in both the public and private sectors. We work with key industry partners when developing our programmes to ensure you are focusing on the most relevant areas within the field. The Chartered Institute for Securities and Investment, the Financial Conduct Authority, the Bank of England and Bank for International Settlements all emphasize the need for efficient risk measurement and management procedures within banks. We have also worked closely with some major financial institutions to both validate the programme and place students in professional jobs, including Morgan Stanley and Royal Bank of Scotland.

Prepare yourself for working in financial services organisations by focusing on the key programme aims:
  • Learn the fundamental and advanced aspects of domestic and international bank management, operations and risk measurement and management
  • Apply relevant analytical techniques in order to analyse problems and issues arising within banking firms
  • Evaluate theory through critical appraisal of current research in the area of banking
  • Explain and apply current and relevant theories in financial regulation in practical settings
  • Utilise financial securities within a bank management setting
  • Understand how to apply operational risk techniques within a banking firm
  • Critically discuss the operations process of financial markets
  • 2018/19

Award

Mode of study

Duration

Start date

Location

 

MSc
Full Time
16 Months
21 Jan 2019
GCU Glasgow
Award Mode of study Duration Start date Location  
MSc Full Time 16 Months 21 Jan 2019 GCU Glasgow Enquire Apply
  • 2019/20

Award

Mode of study

Duration

Start date

Location

 

MSc
Full Time
1 Year
16 Sep 2019
GCU Glasgow
MSc
Full Time
16 Months
20 Jan 2020
GCU Glasgow
MSc
Part Time
2 - 3 Years
16 Sep 2019
GCU Glasgow
MSc
Part Time
2 - 3 Years
20 Jan 2020
GCU Glasgow
MSc
Distance Learning
1 Year
16 Sep 2019
GCU Glasgow
MSc
Distance Learning
2 - 3 Years
20 Jan 2020
GCU Glasgow
Award Mode of study Duration Start date Location  
MSc Full Time 1 Year 16 Sep 2019 GCU Glasgow Enquire Apply
MSc Full Time 16 Months 20 Jan 2020 GCU Glasgow Enquire Apply
MSc Part Time 2 - 3 Years 16 Sep 2019 GCU Glasgow Enquire Apply
MSc Part Time 2 - 3 Years 20 Jan 2020 GCU Glasgow Enquire Apply
MSc Distance Learning 1 Year 16 Sep 2019 GCU Glasgow Enquire Apply
MSc Distance Learning 2 - 3 Years 20 Jan 2020 GCU Glasgow Enquire Apply

All entry requirements listed here should be used as a guide and represent the minimum required to be considered for entry. Applicants who are made a conditional offer of a place may be asked to achieve more than is stated.

Typical entry requirements

UK Honours degree 2:2 or equivalent

English language

Academic IELTS score of 6.0 (or equivalent) with no element below 5.5.

Please note: if you are from a majority English speaking country, you may not be required to provide further proof of your English Language proficiency.

Additional information

Other academic and vocational qualifications

Each application to GCU is considered on an individual basis. If you do not have the typical academic entry qualifications, but can demonstrate relevant work experience and/or credits from recognised professional bodies, you may be eligible to enter this course via the University's Recognition of Prior Learning scheme.

International pathways

If you do not meet the English language requirements, you may be eligible for the Academic English course.

The tuition fees you pay are mostly determined by your fee status. What is my student fee status?

Tuition fees 2019/20

Home: £5500
RUK: £5500
EU: £5500
International: £12980

Tuition fees 2018/19

Home: £5500
RUK: £5500
EU: £5500
International: £12600

Fees are subject to change and published here for guidance only. Fees and refund policy.

Part-time and distance-learning fees can be paid annually or on a module by module basis.

View part-time and distance learning fees for 2019/20.

As a student at the University, there are additional fees and costs which may or may not apply to you, but that you should be aware of.

View additional costs

Scholarships

We provide high-quality education for a fair price; as the University for the Common Good, we are committed to offering accessible higher education for talented students by keeping our tuition fees low and providing a generous scholarship package of over £2.5 million per year.

View our Postgraduate scholarships.

A Santander fee scholarship of £5,000 is available to study a full time Masters level programme at GCU. Find out more.

For new international students, particular care is taken around our induction events which begin on 13 September 2019 to welcome you to the UK and GCU prior to the start of teaching. There will be a whole host of fun and informative activities taking place during this period, including campus tours, city tours and social events where you can meet other international students. Where possible, we encourage you to arrange travel to allow you to arrive in time to enjoy these.

Find out more about international life at GCU.

Financial Securities Analysis

You will develop a critical awareness of the financial risks inherent in financial markets and be able to analyse the products which are used to manage these risks. There is a focus on understanding contemporary finance and its theoretical foundations, capital structure and dividend policy. You will build on this knowledge by analysing the Capital Assets Pricing Model and Arbitrage Pricing Theory.

Bank Management Operations and Strategy of Financial Institutions

You will gain a clear and consolidated view of the main operations of banks and the products and services offered by them with emphasis on risk management and operations strategies. A core element of this module is the use of spreadsheet to solve case-studies; this is used to encourage the development of analytical skills and is an invaluable exercise if you choose to pursue a career in this area.

Financial Services Regulation

Critically assess the operation of financial regulators and regulations. You will examine theoretical approaches to regulations, regulatory structures, and the role of both the regulator and the regulated while also focusing on regulation in practice, both in the UK and internationally. Additionally you will study banking regulation, the conduct of business regulation, and the importance of risk as a driver of both regulation and regulators.

Bank Operational Risk and Global Operations Management

You will examine the nature of operational risk as an Enterprise-Wide Risk and how to calculate operational risk capital under the Basel Capital Framework. You will also be introduced to the three key themes of operational risk taxonomy: Cause-Driven, Impact-Driven, and Event-Driven, as well as the mitigation and Assurance methods for managing operational risk(s).

Global Finance

Further explore the ideas and terminology behind international macro and international financial systems. Building upon your knowledge you will analyse theories of exchange rate determination, their application in empirical research and the risks present in foreign exchange markets. Finally you will gain an understanding of international financial markets and the range of services and securities they offer.

Financial Risk Modelling

This module is a combination of enterprise and financial risk modelling using both Excel and @Risk software programs to develop risk management models. You will be exposed to the measurement and modelling of the industry accepted categorisation of risks, and focus on issues relating to how losses can arise in any business decision and the methods of managing and controlling those losses.

Ethics, Governance and Responsible Leadership

By examining the private, public and social enterprise sectors, you will be equipped with a set of analytical tools and concepts to drive responsible decision-making, whilst highlighting the difference between compliance and ethically driven behaviours. You will gain a theoretical and practical understanding of real world issues, from a UK and global perspective, and learn from the PRME related principles and the Common Good attributes which are central to this module.

Applied Professional Practice

Following on from the knowledge you have gained in Ethics, Governance and Responsible Leadership and with a focus on self-reflection, in this module you will develop your professional competence by undertaking a professional engagement activity. The link between these two core modules reinforces the significance of ethical and responsible decision making and leadership within your future career.

Masters Research Project

The final element of the programme is the Masters Research Project which provides you with an opportunity to design and undertake a piece of original research. You will apply methods and theories that are commonly used within the field of International Banking, Finance and Risk Management, with the support of internationally published literature demonstrate best practice in this field.

The programme has been designed to allow you the opportunity to work both individually and collaboratively with your peers on a variety of assessments. The style of coursework is specific to each module to ensure it challenges you in the most appropriate way relating to the nature of the topic. The range of assessments includes case studies, blogs, presentations, journals (e-diaries), and a dissertation project.
Whether you are a graduate starting your career, or a practitioner working in the industry, this programme will further your knowledge and expertise in this dynamic international financial sector. Graduates from our programme have gained employed in the following roles: Risk Analyst at Morgan Stanley, Associate at PWC, Associate Investment Manager at Tilney Bestinvest Group, Foreign markets analyst at MHP S.A, Credit Assessment & Debt Recovery at Lafarge, Private Client Banking Executive at Barclays Wealth and Investment Management, AVP Financial Crime Compliance at HSBC among many others.

This programme is accredited by the Chartered Institute for Securities and Investment (CISI) and the Chartered Insurance Institute (CII).