MSc Finance (Banking)

London - UK

 

INTAKE: September

Program Overview

The MSc Finance (Banking) program at the University of Westminster is designed to provide students with advanced knowledge and skills in banking, enabling them to excel in various roles within the banking sector. The program offers a thorough understanding of the banking industry, financial products, risk management, and regulatory frameworks.

  1. Core Finance Knowledge: The program covers essential finance concepts and theories, including financial analysis, investment management, risk management, and corporate finance. Students develop a strong foundation in financial principles and practices that are vital for a successful career in banking.

  2. Banking Specialization: The program focuses specifically on the banking industry, exploring key areas such as commercial banking, investment banking, retail banking, and asset management. Students gain insights into banking operations, regulations, and strategies, developing a deep understanding of the sector's dynamics.

  3. Banking Products and Services: The program delves into the diverse range of banking products and services, including loans, mortgages, credit cards, investment products, and treasury operations. Students learn about product development, pricing strategies, risk assessment, and customer relationship management within a banking context.

  4. Risk Management: The program emphasizes the importance of risk management in banking. Students study different types of risks faced by banks, such as credit risk, market risk, and operational risk. They learn to evaluate and manage risks using quantitative techniques, financial models, and risk mitigation strategies.

  5. Regulatory Framework: The program explores the regulatory environment in which banks operate, including financial regulations, compliance requirements, and ethical considerations. Students gain an understanding of the legal and ethical frameworks that govern banking activities and ensure the integrity and stability of the financial system.

Pollster Education

Location

London - UK

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 15000

Postgraduate Entry Requirements:

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 55 to 60% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
    • TOEFL: A minimum overall score of 88, with at least 17 in Listening, 18 in Reading, 20 in Speaking, and 17 in Writing.
    • PTE Academic: A minimum overall score of 59 with no individual score below 59.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

The University of Westminster offers a range of scholarships and financial support options to help students pursue their academic goals. These scholarships are designed to assist both domestic and international students and provide opportunities for students across various disciplines. 

  1. Westminster International Postgraduate Full Scholarship: Similar to the undergraduate scholarship, this scholarship supports outstanding international students pursuing a full-time postgraduate degree at the University of Westminster. It covers full tuition fees, accommodation, and living expenses for the duration of the program.
  2. Vice-Chancellor's Scholarship: This scholarship is available to both undergraduate and postgraduate students and recognizes academic excellence. It provides a partial tuition fee waiver for the duration of the program.
  3. International Student House Scholarship: This scholarship is specifically for international students who will be residing at the International Student House during their studies. It covers a portion of the accommodation costs.
  4. Westminster Business School Excellence Scholarship: This scholarship is aimed at high-achieving students applying to business-related courses within the Westminster Business School. It provides a partial tuition fee waiver.

Graduates of the MSc Finance (Banking) program from the University of Westminster have excellent career prospects in the banking and financial services industry. 

  1. Banker: Graduates can pursue various roles within commercial banks, investment banks, and retail banks. They can work as relationship managers, credit analysts, investment analysts, or treasury professionals, managing client portfolios, evaluating investment opportunities, or overseeing treasury operations.

  2. Risk Analyst/Manager: Graduates can specialize in risk management roles within banks, assessing and managing different types of risks. They can work as credit risk analysts, market risk analysts, or operational risk managers, ensuring the bank's risk exposure is minimized and compliant with regulatory requirements.

  3. Financial Consultant: Graduates can provide consultancy services to banks and financial institutions. They can offer expertise in areas such as risk management, regulatory compliance, financial product development, or investment strategies, helping banks optimize their operations and navigate complex financial landscapes.

  4. Regulatory Compliance Officer: Graduates can pursue careers in regulatory compliance, ensuring that banks adhere to legal and ethical standards. They monitor changes in financial regulations, develop compliance frameworks, and implement procedures to ensure the bank's operations are in line with regulatory requirements.

  5. Financial Analyst: Graduates can work as financial analysts, providing research and analysis on banking sector trends, market conditions, and investment opportunities. They can work for financial research firms, rating agencies, or consultancy firms, providing valuable insights to clients and investors.


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