Course Overview

Attendance
UK/EU Fees £14,000 *
International Fees £14,500 *
Alumni Discount See details
Duration 1 year

* Price per academic year

Course summary

The Finance MSc (with Banking or International Finance pathways) has been designed specifically to meet the emerging needs of employers in the global financial services sector. This highly flexible course provides you with financial skills that are at the cutting edge of knowledge and developments in our industry, as well as the freedom to specialise in your area of interest. 

This unique mode of study will give you the basic theory and analytical skills you need in finance, followed by in-depth learning either in banking or international finance through specialised modules of study. 

Based in central London, the Finance MSc will expose you to case studies and experiences which will help to transform your skill set so that you can solve complex financial problems in the industry. 

You will graduate with the skill set needed for a career in global financial services; being able to solve complex problems in a clear and systematic manner; communicate clearly to inform both specialist and non-specialist audiences; and use appropriate software tools and financial databases to solve complex problems using quantitative methods and models.

A key benefit of studying finance at the University of Westminster is that you will have access to Westminster Business School’s state-of-the-art Financial Markets Suite (FMS), which exclusively uses the Bloomberg platform as a teaching and research resource. You will gain first-hand exposure to technology widely adopted in the leading global investment banks and learn in a real-time market-driven environment.  

You will also have the opportunity to hear from external speakers and keep up to date with the latest developments and challenges of the finance industry. 

Through our pathway model, you will have more flexibility to design your own career, and in consultations with your Course Leaders, you will be empowered to make informed decisions about future employment. 

The Finance MSc course involves both theoretical and practical content, offering you the chance to build on your first degree and/or work experience with a range of knowledge and skills enabling you to become capable of excelling in your career.

All students on the course will follow a common general set of modules in the first semester of study (September to December), following which you will then choose a pathway to specialise in for the remainder of your studies (January to August). 

Course structure

The following modules are indicative of what you will study on this course.

To help you make an informed decision, you can have a look at how marks have been calculated and study time has been distributed on this course in the past.

Core modules (Both Banking and International Finance Pathways)

This module provides an overview of the essential topics in the field of Finance. In doing so, it provides you with the base of knowledge required for specialisation in the second semester.

This module provides you with an understanding of the mathematics and statistics required to work within the financial markets. The module assumes that you have a basic understanding of mathematics and statistics and builds on this to enable you to implement models and interpret the results of these.

This module introduces you to the roles of financial markets and financial institutions before enabling you to develop a comprehensive understanding of the principles of managing financial risks. In doing this, specific risk exposures in each institution will then be identified and assessed and the application of risk management techniques will then be assessed to gauge their effectiveness.

This module involves preparing an 8,000-10,000-word dissertation in the area of either banking or international finance (depending on the chosen specialisation). You will design research on your own topic of interest and then conduct desk research around this research topic.

This module develops your knowledge and competence of the research process and the application of research methods in the area of banking and international finance. It covers the structure and techniques that you will follow and employ when completing their project.

International Finance Pathway modules

This module provides you with a thorough insight of how financial statements can be better understood when corporations’ business strategies and motives are taken into account. The strategic aspect of financial reporting is investigated under the light of robust economic theories, which helps to capture the true economic performance of a firm and revise the data provided. The module then focuses on prospective analysis, forecasting future, business valuation and evaluation of mergers and acquisitions by using this revised and refined financial data.

This module provides you with a robust understanding of some key aspects of international transactions. This includes available financing options and facilities in both the long and short term; arising key risks and how to mitigate those risks; hedging; and how to most efficiently manage the assets and liabilities of multinationals.

Optional modules (International Finance Pathway)

This module looks at providing explanations for people’s economic decisions by combining behavioural and cognitive psychology theories with conventional economics and finance. Behavioural finance explains how people make financial decisions and also enriches existing models and theories by offering new insights on the behaviour of investors.

This module evaluates the role and function of domestic and global banks; their structure and operations, together with a thorough examination of the risks that they are exposed to; and the various ways to manage them.

This module provides you with a robust understanding of some key aspects of entrepreneurial finance in the international (or global) context. It provides the necessary knowledge and skills enabling students to understand the characteristics of entrepreneurial planning, risks and rewards involved in start-ups, their cash flow management, new venture financial models, venture capital valuation, and how to attract funds for new entrepreneurial businesses.

This module examines the steps involved in the financing of international trade. It looks at the risks associated with trade and the assessment of these risks, as well as different methods companies can use to pay for this trade, such as bonds, guarantees and standby letters of credit.

This module provides you with a detailed understanding of project finance practices. It involves the application of financial theory to plan, design, model and value large scale projects undertaken or sponsored by governments, private sector firms, private finance initiatives or special purpose vehicles.

This module provides you with a thorough understanding of short-term financial risks, such as capital, liquidity, interest rate, and management of these risks. The module also examines short-term financing options, the function of the corporate treasury, and the macroeconomic and regulatory environment.

Entry Requirements

Applicants should normally hold a first degree in finance, economics, business studies or management from a recognised institution (minimum Lower Second Class Honours or international equivalent) and demonstrate interest and motivation in the subject area.

In exceptional cases, applicants may be accepted based on their professional qualifications or extensive work experience in the global financial services sector (subject to the approval of the Course Leader or the Director of Postgraduate Studies).

If English is not your first language, you will need an IELTS score of 6.5, with a minimum score of 6 in each element. 

View more information about our entry requirements and the application process

Applicants should normally hold a first degree in finance, economics, business studies or management from a recognised institution (minimum Lower Second Class Honours or international equivalent) and demonstrate interest and motivation in the subject area.

In exceptional cases, applicants may be accepted based on their professional qualifications or extensive work experience in the global financial services sector (subject to the approval of the Course Leader or the Director of Postgraduate Studies).

If English is not your first language, you will need an IELTS score of 6.5, with a minimum score of 6 in each element

More information

Careers

If you take the international finance pathway, you will have the in-depth knowledge of financial theory and practice to pursue careers in areas including international management, consultancy with major international firms operating across national boundaries or international financial analysis.

The University of Westminster is committed to developing employable graduates by ensuring that:

  • Career development skills are embedded in all courses.

  • Opportunities for part-time work, placements and work-related learning activities are widely available to students.

  • Staff continue to widen and strengthen the University’s links with employers in all sectors, involving them in curriculum design and encouraging their participation in other aspects of the University’s career education and guidance provision.

  • Staff are provided with up-to-date data on labour market trends and employers’ requirements, which will inform the service delivered to students.

Our Careers and Employability Service is here to support you to achieve your full potential.
 
With a growing network of over 3,000 employers around the world and a team of experienced careers consultants, we provide you with a variety of opportunities to work and develop new skills. As a University of Westminster student, you’ll have access to our services throughout your studies and after you graduate.
 
We can help you:
    •    find work placements, graduate jobs or voluntary experience related to your course
    •    discover international opportunities to enhance your employability
    •    write effective CVs and application forms
    •    develop your interview and enterprise skills
    •    plan your career with our career consultants
    •    gain insights into your chosen industry through mentoring
    •    meet employers and explore your career options at our employer fairs, careers presentations and networking events 
 
Find out more about the Careers and Employability Service.

 

Find out more about other employability initiatives at the University of Westminster. 

Fees and Funding

UK and EU tuition fee: £14,000 (Price per academic year)

When you have enrolled with us, your annual tuition fees will remain the same throughout your studies with us. We do not increase your tuition fees each year.

Find out how we set our tuition fees.

Alumni discount

This course is eligible for an alumni discount. Find out if you are eligible and how to apply by visiting our Alumni discounts page.

Funding

As well as tuition fee loans, there is a range of funding available to help you fund your studies.

Find out about postgraduate student funding options.

Scholarships

The University is dedicated to supporting ambitious and outstanding students and we offer a variety of scholarships to eligible undergraduate students, which cover all or part of your tuition fees.

Find out if you qualify for one of our scholarships.

International tuition fee: £14,500 (Price per academic year)

When you have enrolled with us, your annual tuition fees will remain the same throughout your studies with us. We do not increase your tuition fees each year.

Find out how we set our tuition fees.

Alumni discount

This course is eligible for an alumni discount. Find out if you are eligible and how to apply by visiting our Alumni discounts page.

Funding

Find out about funding for international students.

Scholarships

The University is dedicated to supporting ambitious and outstanding students and we offer a variety of scholarships to eligible undergraduate students, which cover all or part of your tuition fees.

Find out if you qualify for one of our scholarships.

Bloomberg Suite

Students on this course have access to our purpose-built Financial Markets Suite (FMS).

 

Bloomberg Suite teaching

 

Read more about this state-of-the-art platform used by leading global investment banks.

Facilities

Course Location

Our Marylebone Campus has benefitted from a multi-million-pound refurbishment resulting in new workshops, digital studios and development of the Marylebone Library. The campus is home to Westminster Business School and our award-winning Architecture, Planning and Tourism courses. For more details, visit our Marylebone Campus page.

Contact us

Contact the Course Enquiries Team:

+44 (0)20 7915 5511

[email protected]

Opening hours (GMT): 9am–4.30pm Monday to Friday

More information

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