Finance and Financial Law MSc

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UKPASS code: 060051 | Institution code: W50 | Attendance mode: Full-time
Start: 14 September 2017
Duration: 1 year
Location: Central London
Campus: Marylebone

Undergraduate tuition fees for 2018/19 have not yet been published but are expected to be £9,250.

Home/EU: £13,500.00
Overseas: £14,500.00

Please note: this course is subject to approval.

The Finance and Financial Law MSc is designed to integrate learning in financial theory, markets and institutions, combined with legal study in complementary and specialist areas of financial law. You will gain a deeper understanding of the legal issues and an ability to apply knowledge and skills in professional capacities in a variety of roles in the global financial services industry.

This course is delivered by an experienced inter-faculty teaching team drawn from the Westminster Business School and the Westminster Law School.

The course has an international dimension - you will study in the heart of the capital at our Marylebone campus minutes away from the major global financial and legal centres of the world.

Course content

Study will cover a range of contemporary topics, namely: financial markets and institutions, financial products, regulation and compliance, financial and legal risk management and financial crime.

In addition, the focus on policy matters related to financial regulation will equip you with the skills required to conduct deeper analyses and to undertake research in this multi-disciplinary area of study.

To enable students to build the common key core skills and knowledge base, all students are expected to undergo the Westminster Business School’s pre-course induction process, covering the fundamentals of finance and commercial law.

Modules

The following modules are indicative of what you will study on this course. For more details on course structure and modules, and how you will be taught and assessed, see the full course document.

Core modules

Financial Markets and Institutions

This module offers detailed coverage and analysis of global financial markets and institutions. Theory delivered in class is underpinned by real-life examples. Students will gain hands-on training and exposure to the Bloomberg system in our Financial Markets Suite.

Financial Services Regulation, Risk and Law

In this module you will learn about the contemporary legal issues that pervade the financial services markets in the UK, EU and Internationally. Topics include the creation and sale of financial products, regulatory supervision of financial services, regulatory compliance and consumer and investor protection. We explore the practical impact of policy and regulation using real and fictional case studies.

Global Banking

This module evaluates the role and function of domestic and global banks and their structure and operations. This is accompanied by a thorough examination of the financial risks that banks are exposed to, and the various ways to manage them.

Legal Aspects of Financial Law

The aim of this module is to familiarise students with the legal aspects of corporate finance. The module covers the main areas of financial law including English contract and company law along with agency issues. Whilst the focus is on English law because it so often underpins the law and practice in this field across many jurisdictions, teaching is from a comparative perspective and thus you will learn about the EU, USA and the Middle East, and other emerging markets too. Topics you will study include: capital structure, legal capital and bond markets, financial assistance, takeovers and mergers and corporate control.

Project

An 8–10,000-word dissertation in the area of financial law, regulation or compliance.

Regulatory Risk Management

This module focuses on the management of regulatory risk and covers the detection, investigation and prosecution of financial crime in a business, financial services and commercial context given the global financial crisis. We also explore cybercrime and how the risks it poses to the financial services industry are evaluated and managed and the development of solutions (security) that seek to detect, mitigate and prevent cyber-attacks as well as their prosecution. Topics include the nature and extent of information security, cybercrime and financial crime in the financial services industry, the legislative environment, fraud and anti-money laundering.

Research Methods in Finance and Law

This module aims to develop your knowledge and competence of the research process, and the application of research methods in the area of finance and financial law.

Option modules

You can choose a total of two option modules. Choose one or two from the following list; one may be chosen from anywhere within the University, subject to the Course Leader’s approval.

Banking Risk and Operations

This module provides you with an understanding of banking risks and operations. This includes business lines, investment banking services, operational risk, credit risk, interest rate risk management, asset liability management, capital allocation and ethical issues in banking.

It will provide a level of conceptual understanding that will allow you to critically evaluate research and methodologies and alternative approaches in banking risk and operations.

Compliance and Law in Banking and Insurance

This module offers a detailed examination of the law, legal principles, regulation, compliance and supervision that applies to domestic and international banks and insurance companies. The module also focuses on relevant reforms to the banking and insurance industries.

Contemporary International Financial Management

The study is grounded in the case study method and provides the basic numerical toolkit required to analyse a range of listed companies that are pursuing value-based growth strategies. Thus, students will be able to apply a range of equity valuation methods to contemporary stocks, including those companies where growth is focused on mergers, acquisitions and restructuring events.

Corporate Governance and Business Ethics

This module examines the theoretical and practical issues involved in the direction and control of companies, which operate in the UK and internationally. It begins by considering the theories upon which corporate governance and corporate social responsibility models are based, particularly agency theory, transaction cost economics, and stakeholder theory. It then reviews some of the most spectacular failures of governance mechanisms in recent years that led to the development of codes of best practice in different national settings. Subsequent sessions examine ethical issues and corporate governance, social responsibility, environmental sustainability, and corporate citizenship.

Derivatives & Structured Finance: Law & Practice

This module offers a detailed examination of the law and practice relating to structuring, documenting and executing structured derivative products, capital markets, and finance transactions; and in particular, the management of legal risk associated with the same.

Course team

Dr Charanjit Singh, Course Leader

Additional costs information 

To check what your tuition fees cover and what you may need to pay for separately, see our What tuition fees cover page.

Employability

Our dedicated Career Development Centre is actively working with an ever-expanding network of over 3,000 employers to provide you with exceptional employability support and guidance. As a result we were nominated as finalists for a significant industry award – the NUE Awards Most Improved Commitment to Employability 2016.

We provide our students with work placements and international opportunities to support them in becoming highly employable, globally engaged graduates, and with one million businesses operating within 20 miles of the University of Westminster, over 84% of our students are in work or further study six months after graduation. Our graduates work in a variety of sectors and organisations, from small/medium-sized companies and start-ups to large not-for-profit organisations and corporates.

During your time at Westminster you will be able to use our comprehensive online vacancy service and meet with our experienced careers consultants, providing you with thorough training and support on CV writing, application forms, interview preparation and assessment centres.

In addition to this, you will receive careers support from academic staff and faculty work placement teams, offering targeted course-specific careers advice and assistance in securing a work placement during your time at Westminster. You can find out more about course-specific career opportunities by visiting the Prospects website.

For more details, visit the employability section on our site.

Career Development Centre

Our Career Development Centre can help and support you throughout your study and after graduation.

We can help you to:

  • find part-time/vacation, placement and graduate jobs, including voluntary experience
  • explore how to develop the skills that employers are looking for
  • plan your career development
  • identify your career options
  • market yourself effectively in CVs, application forms and at interviews
  • develop your enterprise skills

We also organise a range of presentations and networking events with employers, professional bodies, alumni and other organisations throughout the year to help you with career planning.

Find out more about the Career Development Centre.

Work Placements

Our Work Placement Teams are based in your Faculty Registry Office and can help you find a suitable placement, as well as support you in making applications, writing CVs and improving your interview technique.

More details on work placements can be found on our Work placements page.

Study in the city

If you study at the University of Westminster, everything that London has to offer is on your doorstep.

Our central London campuses are ideally located for the city's fantastic learning institutions including libraries, archives and museums, as well as opportunities for shopping, eating out, enjoying London's nightlife or just simply relaxing.

Accommodation

After choosing your course, one of your biggest decisions will be where to live, and we aim to make that choice as easy as possible. Whether you want to apply for our Halls of Residence or live in private housing, we can help you to find the right accommodation.

Fees, funding, bursaries and scholarships

In recent years the University of Westminster's scholarship scheme has been the largest university scholarships scheme in the UK, and our Scholarships Department won the Times Higher Education inaugural Award for Outstanding Support for Overseas Students.

Personal tutoring

All students on courses of a year or more and who are registered for more than three modules will be allocated a personal tutor.

Your personal tutor will be there to support you from induction onwards, helping you to integrate into the University, academically and socially, at an early stage. They will be able to give you advice and support on academic and personal matters affecting your study, as well as developmental advice through regular individual and group tutorials.

Language support

Polylang is a University-wide programme through which you can study a language as a free choice module.

Personal advice and counselling

While most students overcome any problems with help from friends, family or a personal tutor, the University's free counselling and advice services are there if you need them.

International Westminster

With one of the UK's largest international student populations, the University of Westminster has plenty of experience in giving you the help and support you need to make the most of your time with us.

Study Abroad and Summer School programmes

Westminster's Study Abroad programme has been running for more than 15 years, and is one of the largest in the UK – each year we welcome hundreds of visiting students from universities all over the world.

If you are already studying outside the UK, the programme offers you the opportunity to study with us for one or two semesters, or for a period in the summer.

Sport and recreation

The University has extensive sport and recreation facilities, with a sports hall and gym at Harrow, a state-of-the-art gym at Regent Campus, and the University sports ground by the River Thames at Chiswick.

Students' Union

University of Westminster Students' Union (UWSU) aims to make sure you have the best university experience possible by providing a range of activities and support, from sports clubs to society groups, educational advice and social events.

Upcoming postgraduate information evenings

DateTitleLocation
07 June 2017Postgraduate Information EveningCavendish, Harrow, Little Titchfield Street, Marylebone, Regent Street
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