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.
- 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
Download the Programme Specification for a detailed breakdown of its structure, what you will learn and other useful information.
|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||Distance Learning||2 - 3 Years||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
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.
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.
Entry options for international applicants
If you are an international applicant and do not meet the academic requirements above you may be eligible for an International Graduate Diploma or Pre-sessional pre-masters programme at INTO Glasgow. Based in our Glasgow campus, successful completion of an INTO course with the required grades provides you with a guaranteed conditional offer of a place on this degree.
The tuition fees you pay are mostly determined by your fee status. What is my student fee status?
Tuition fees 2019/20
Part-time and distance learning tuition fees
Part-time and distance-learning fees can be paid annually or on a module by module basis.
Fees are subject to change and published here for guidance only. Fees and refund policy.
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.
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.
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.
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).
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.
This programme is accredited by the Chartered Institute for Securities and Investment (CISI) and the Chartered Insurance Institute (CII).