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Different course options

Full time | Colchester Campus | 1 year | 03-OCT-24

Study mode

Full time

Duration

1 year

Start date

03-OCT-24

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Banking

Course type

Taught

Course Summary

Why are banking and finance so important for our economy? How do banks work? How do their activities affect business cycle fluctuations or even economic crises? And how can economic policy, particularly monetary policy, steer the banking sector and the overall economy towards desirable outcomes?

If you wish to pursue a career in the financial industry, central banks, civil service or academia, MSc Money and Banking is for you. Our course provides you with specialised training in money and banking, and equips you with state-of-the-art tools and methods in economics and finance. You explore topics including:

  • Financial intermediation and money creation
  • Commercial and investment banks
  • The monetary transmission mechanism
  • The implementation of monetary policy and its interaction with financial markets

We are top 5 in the UK for research, with over 90% rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and we have strengths in the areas of:

  • Game theory and strategic interactions
  • Theoretical and applied econometrics
  • Economic policy

The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.

Your future

After completing your masters, you may wish to extend your knowledge with a research degree – many Essex graduates decide to stay here for further study.

Alternatively, our course also prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.

Our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.

Modules

What value is added by your business? And how is this value added? Such questions are asked to business leaders. Understand the core economic reasoning behind commercial and investment banking, looking at financial intermediation and money creation, as well security, mergers and acquisition.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

£14,330

International fees
Course fees for EU and international students

For this course (per year)

£22,400

Entry requirements

A degree with an overall 2.2 in a discipline related to economics such as: Economics, Maths, Engineering, Finance, Physics or any other degree with a strong maths component. The Degree should contain some economics components including Macroeconomics; Microeconomics or Econometrics.

University information

The University of Essex prides itself on being at the forefront of change. It is an institution with a culture of boldness where creativity and curiosity in learning are both encouraged and expected. It’s a UK university, placing 36th and 32nd according to the Whatuni Student Choice Awards 2023 and the 2024 Complete University Guide rankings, respectively. At the University of Essex, students are taught by world-leading academics in a...more

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