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MSc International Money and Banking

MSc International Money and Banking

Different course options

Full time | University of Birmingham | 1 year | SEP

Study mode

Full time

Duration

1 year

Start date

SEP

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Banking

Course type

Taught

Course Summary

The correlation between macroeconomics, banking, international finance and financial markets is explored throughout this course, giving you a deep insight and advanced knowledge of the wider world of global business and international finance and financial markets.

We train our students for careers as economists or managers in commerce, industry, banking, financial services or the public sector. This programme aims to equip you with a range of methodological and problem-solving skills and specialised knowledge relevant for international money and banking.

This programme complements the MSc in Money, Banking and Finance, and, as with that programme, is of particular interest to those wishing to pursue careers in the financial sector. It provides you with an advanced knowledge of the related disciplines of macroeconomics, banking, international finance and financial markets.

Your employability options are vast and varied, our strong links with industry mean that rigorous undergraduate academic study is combined with a real practical focus, leading to excellent job opportunities.

Careers in Business

Careers in Business is a dedicated service for postgraduate Business School students. We’ll help you in all aspects of your career management, from planning your job-seeking strategies, applying for jobs, preparing for interviews and assessment centres and developing your essential employability skills. At the start of your programme you will receive an email from our team, giving details of how you can access Careers in Business Online. Please get in touch to find out how our Careers in Business team can support you.

Modules

The module covers the notions of risk and return in equity markets both in the context of asset pricing, with some consideration given to the management of equity portfolios. The stochastic discount factor approach is employed to present a general theory of the pricing of stocks, bonds, and derivatives and enables the estimations of particular models derived from the general theory. Emphasis will initially be given to the analysis of the time series properties of asset returns, such as fat tails and skewness, and dynamic properties, for example volatility clustering and long memory, will be investigated. The capital asset pricing model (CAPM) and the arbitrage pricing theory (APT) will be used as the foundation of the equilibrium pricing of financial assets. The discount factor, Generalised Methods of Moments and state-space language are considered in the context of the beta, mean-variance, and regression language common in empirical work and earlier theory. The module concludes by looking at the new research area of behavioural finance.
Dissertation (Economics) (60 Credits) - Core

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

£10,260

Average for all Postgrad courses (per year)

£5,202

International fees
Course fees for non-UK/ international students

For this course (per year)

£21,960

Average for all Postgrad courses (per year)

£12,227

Entry requirements

A 2:1 bachelor’s Honours degree (or overseas equivalent) in Economics or a related discipline. You are expected to have received a good training in economics, to at least intermediate level, and to have taken at minimum: Microeconomics, Macroeconomics, Econometrics or Statistics, and Mathematics or a Quantitative module at bachelor’s level.

University information

Part of the Russell Group of UK universities, the University of Birmingham has been developing great minds, encouraging challenging debates and pushing the boundaries of innovation and excellence for over 100 years. Over 14,000 students from over 150 countries choose to study at Birmingham, meaning you will be part of a diverse and vibrant community. 40% of this student population are postgraduates. Birmingham understands that you want to...more