MSc Money, Banking and Central Banking

Postgraduate Entry Requirements:

Academic Qualifications: The minimum entry requirement is typically a bachelor's degree or equivalent qualification with a minimum overall average of 60% or above. The specific entry requirements may vary depending on the desired postgraduate course.  

English Language Proficiency:

• IELTS: An overall score of 6.5, with no individual component score below 6.0.
• TOEFL:  An overall score of 79 with minimum 12 in each section.
• PTE :  An overall score of 59 with minimum 59.

Students must provide:

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

Work experience: Some postgraduate courses may require relevant work experience in the field.

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 Buckingham is dedicated towards providing financial support to international students through a variety of scholarships and bursaries. These scholarships are designed to recognize academic excellence, encourage diversity, and assist students in pursuing their higher education goals.

1. Vice-Chancellor's Scholarship: This is the most prestigious scholarship offered by the university. It provides a substantial tuition fee reduction to high-achieving international students who demonstrate outstanding academic achievements and potential. The scholarship is awarded based on academic merit and applicants are automatically considered during the admissions process.

2. International Law Scholarship: This scholarship is specifically designed for international students applying to the LLB (Hons) in Law program. It provides a significant reduction in tuition fees for the duration of the program. Applicants are assessed based on their academic achievements and potential in the field of law.

3. Merit Scholarships: The university offers merit scholarships to international students who have demonstrated exceptional academic performance. These scholarships provide a reduction in tuition fees and are awarded based on academic achievements and potential.

4. Sports Scholarships: The University of Buckingham recognizes the importance of sports and offers scholarships to talented international athletes who wish to pursue their academic and sporting aspirations simultaneously. These scholarships provide financial support to cover a portion of tuition fees and offer additional support for training and competition.

5. Country-Specific Scholarships: The university offers scholarships specifically tailored to students from certain countries or regions. These scholarships aim to promote diversity and cultural exchange. Eligibility criteria, application requirements, and the value of the scholarships may vary depending on the country-specific scholarship.

6. Alumni Scholarships: The university values its alumni community and offers scholarships to children of University of Buckingham alumni who choose to study at the university. These scholarships provide a reduction in tuition fees and encourage the continuation of the university's legacy.

It is important to note that the availability, eligibility criteria, and application deadlines for scholarships may vary each year.

1. Banking Sector: Graduates of the MSc Money, Banking and Central Banking course are well-equipped to pursue careers in various roles within the banking sector. They can work in commercial banks, investment banks, and other financial institutions. Job positions may include bank analyst, credit analyst, relationship manager, and financial consultant. With their in-depth understanding of money, banking, and central banking, graduates can contribute to the efficient functioning of banking operations and help banks manage risks effectively.

2. Central Banks: Central banks play a crucial role in the stability and regulation of financial systems. Graduates of this course can find exciting opportunities in central banks, both domestically and internationally. They can work as research analysts, policy advisors, or economists within central banks. Their expertise in monetary policy, financial stability, and central banking operations makes them valuable assets in formulating and implementing monetary policies, conducting economic research, and ensuring financial stability.

3. Financial Regulation: The MSc Money, Banking and Central Banking course equips students with a comprehensive understanding of financial regulation and compliance. This knowledge is highly sought after by regulatory bodies and financial institutions. Graduates can pursue careers in regulatory agencies such as the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA), or other regulatory bodies at the national and international level. They can work as regulatory analysts, compliance officers, or policy advisors, contributing to the development and implementation of regulations to safeguard the financial system.

4. Risk Management: The banking and financial sector is constantly exposed to various risks. Graduates of this course possess strong analytical skills and a deep understanding of risk management principles. They can pursue careers in risk management departments of banks and financial institutions. Job roles may include risk analyst, credit risk manager, market risk manager, or operational risk manager. Their expertise in identifying, assessing, and mitigating risks is invaluable in ensuring the stability and sustainability of financial institutions.

5. Financial Consulting: With their specialized knowledge in money, banking, and central banking, graduates can work as financial consultants, providing advisory services to banks, corporations, and government agencies. They can assist clients in making informed financial decisions, conducting risk assessments, and optimizing their financial strategies. Graduates may also work as independent consultants or join consulting firms specializing in the banking and financial sector.

6. International Financial Organizations: International organizations such as the International Monetary Fund (IMF), World Bank, and regional development banks play a crucial role in shaping global financial policies and providing financial assistance to countries. Graduates can explore career opportunities in these organizations, working on projects related to financial stability, monetary policy, and development finance. They can contribute to research, policy formulation, and implementation of initiatives aimed at strengthening financial systems globally.

7. Further Education and Research: The MSc Money, Banking and Central Banking course provides a solid foundation for students interested in pursuing further education or research. Graduates can opt to pursue a Ph.D. in finance, economics, or related fields, enabling them to contribute to academic research and teaching. They may choose careers in academia, working as professors, researchers, or economists in universities and research institutions.

8. Entrepreneurship and Fintech: The knowledge gained from the course also equips graduates with the skills and insights to explore entrepreneurial opportunities in the banking and financial technology sectors. They can leverage their understanding of banking operations, financial markets, and regulatory frameworks to develop innovative fintech solutions or start their own financial ventures.

The MSc Money, Banking and Central Banking course at The University of Buckingham prepares graduates for diverse and rewarding career paths within the banking and financial sector. The combination of theoretical knowledge, practical skills, and industry relevance equips students to make significant contributions to the field. Graduates emerge with a strong understanding of the complexities of money, banking, and central banking, positioning them for success in the ever-evolving world of finance.