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Banking & Finance MSc

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The banking and financial markets face many complex challenges. We’ll provide you with the expertise to understand and overcome them. By the end of your course, you’ll have all the skills you need for a huge range of careers across the sector.

Our expert researchers and practitioners will provide innovative theories on key issues in the industry. And you’ll have plenty of opportunities to put it into practice. Our industry-standard software and datasets, and our virtual trading floor give you the chance to test your skills – using the same tools as the professionals. 

 


Key benefits

  • You’ll develop a thorough knowledge of commercial and investment banking – as well as the changing structure of the international financial industry.

  • At our central London school, you’ll be taught by financial experts with a huge range of industry experience.

  • Our latest research informs your course. And we’ll help you turn theory into practice so you can use what you learn in the working world.

  • We have an extensive network of contacts from a wide variety of financial organisations. So you’ll have plenty of opportunities to learn from inspiring guest speakers, putting their insider knowledge into practice in real-world scenarios.

Key information

Application status Open

Duration 1 year FT, September to September

Study mode Full-time

Credit value UK 180 / ECTS 90

Course leaders Dr Leone Leonida

Further details

Course contact for further information

Postgraduate Admissions Team, Admissions Office
tel: +44 (0)20 7848 7000
fax: +44 (0)20 7848 7200
https://www.kcl.ac.uk/study/postgraduate/apply/enquiry-form.aspx

Course contact form Postgraduate admissions

Awarding institution King's College London

Faculty King's Business School

Locations

 

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MSc Banking and Finance

King's Business School

Academic leads from King's Business School discuss the MSc Banking & Finance programme.

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Course detail

Description

The Banking and Finance MSc course is an innovative course designed to provide you with an in-depth understanding of the finance and banking industry. The programme will also equip you with essential research, analytical and critical thinking skills.

Our programme focuses on such areas that have major practical and theoretical application as: investment analysis and management, portfolio creation and management, investment and commercial banking, asset and risk management, mergers and acquisitions, financial derivatives, quantitative financial analysis, taxation and banking regulation.

The course is made up of optional and required modules, and you will complete the course in one year, studying September to September. You must take modules totalling 180 credits to meet the requirements of the qualification, and 60 credits will come from a dissertation of around 15,000 words.

You will study a range of required modules such as Quantitative Methods for Finance, Investments, Commercial and Investment Banking, Financial Derivatives and Statements. In addition to a compulsory 15,000-word dissertation, you will choose further related modules to support your study interests.

Course purpose

This course will provide the skills you need to work in a wide range of careers in finance or banking.

Whether you’re a student or a working professional, our aim is to maximise your employability. And we have a great track record, with a number of innovative postgraduate programmes and great graduate employment statistics.

We design the programme so you’ll be exempt from the exams normally needed for professional qualifications.

Our careers consultants and links with industry will give you a head start in the job market. Many students find internship placements and we offer optional short courses designed to equip you with even more practical skills for working life.

Course format and assessment

We use lectures, seminars and group tutorials to deliver most of the modules on the course. You will also be expected to undertake a significant amount of independent study.

Teaching
 Module Lectures, seminars and feedbackSelf-study 
Per 15-credit taught module Between 20 and 30 hours which typically consist of a combination of lectures, case discussion and class activities; there may be some variation in the precise format. Each 15-credit taught module has approximately 120-130 hours of self-guided learning time.
Dissertation module Dissertation workshops and one-to-one supervision. Approximately 596 hours self-study and project work.

 

Typically, one credit equates to 10 hours of work.

Throughout the degree students are assessed by a variety of methods, which could include written examinations, coursework and individual or group projects and presentations. The dissertation will be assessed on one 15,000-word extended piece of writing. Assignment feedback is provided within four working weeks of submission.

Extra information

Some unique features of our MSc Banking & Finance are:
  • Our programme is designed with a view to securing exemptions from exams run by professional bodies providing professional qualifications.

  • Extensive contributions from respected city professionals and industry experts who also teach you, bringing practical insights into the classroom by applying the theory to real-world scenarios.

  • A fully developed careers programme with careers consultants and extensive industry links that aim to maximise your employment prospects.

  • A set of optional short courses designed to equip you with further practical training and key technical skills for the finance industry

  • State-of-the-art facilities such as a virtual trading floor which provides exclusive access to the latest financial software used in the banking and finance industry, and access to specialised financial and economic databases and software used by economists in finance or in government. These facilities are coupled with a range of courses that familiariseyou with such practical skills as trading and database use.

Structure

Year 1


Courses are divided into modules. You will normally take modules totalling 180 credits.
Required Modules

You are required to take:

• Quantitative Methods for Finance (15 credits)

• Investments (15 credits)

• Commercial and Investment Banking (15 credits)

• Financial Statement Analysis (15 credits)

• Financial Derivatives (15 credits)

• Dissertation (60 credits)

Optional Modules

In addition, you are required to take 45 credits from a range of optional modules, which may typically include:

• Asset Pricing (15 credits)

• Empirical Finance (15 credits)

• Applied Risk Management for Banking (15 credits)

• Financial Econometrics (15 credits)

• Corporate Finance (15 credits)

• Empirical Macroeconomics (15 credits)

• Financial Regulation & Governance (15 credits)

• Topics in Applied Finance (15 credits)

• Behavioural Finance (15 credits)

King’s College London reviews the modules offered on a regular basis to provide up-to-date, innovative and relevant programmes of study. Therefore, modules offered may change. We suggest you keep an eye on the course finder on our website for updates.

Entry requirements & how to apply

Banking and Finance entry requirements
Minimum requirements

High 2:1

(65%)

Undergraduate degree with high 2:1 honours (i.e. overall average of at least 65% across all years of study) required in a social science related area (e.g. management, economics, finance or other relevant subject) or equivalent overseas qualification. Our programme is most suitable if you have some quantitative background in either finance and/or economics or have a degree with some quantitative elements.

In order to meet the academic entry requirements for this programme you should have a minimum high 2:1 undergraduate degree with a final mark of at least 65% or above in the UK marking scheme. If you are still studying you should be achieving an average of at least 65% or above in the UK marking scheme.

Please note: Meeting the minimum requirements for your application to be considered does not guarantee an offer as applications for this programme are very competitive.

International requirements   Visit our admissions webpages to view our International entry requirements.
English Language requirements Band B Visit our admissions webpages to view our English language entry requirements.

 

Application procedure

Applications must be made online using King’s online application portal apply.kcl.ac.uk and a non-refundable application fee of £100 applies. Your application will be assessed by academic staff in the department; we aim to process all applications within four to six weeks, but during February, March and holiday periods, applications may take longer to process.

Personal statement and supporting information

You will be asked to submit the following documents in order for your application to be considered:

Personal Statement  Yes A personal statement of up to 4,000 characters (maximum 2 pages) is required
Previous Academic Study Yes A copy (or copies) of your official academic transcript(s), showing the subjects studied and marks obtained. If you have already completed your degree, copies of your official degree certificate will also be required. Applicants with academic documents issued in a language other than English, will need to submit both the original and official translation of their documents.
References Yes Two references are required with at least one academic. Professional references will be accepted if you have completed your qualifications over five years ago.
Other Optional Applicants may wish to include a CV (Resume) or evidence of professional registration as part of their application

Application closing date

 We recommend that you submit your application as soon as possible. Our first application deadline is the 31 March 2020. After this date, applications will remain open if places are available, but programmes will be closed as soon as they are full. For programmes with spaces remaining, no further applications will be accepted from non-EU (Overseas) nationals after 31July 2020 or from UK/EU nationals after 28 August 2020.

 

Please note you will not be eligible for an application fee refund if you apply after the first application deadline and places are filled before the final deadlines above and we are unable to process more offers.

 

Help and support

If you don't have a suitable qualification for direct entry to a UK university, or if English isn't your first language, our academic preparation courses can help you get ready for study in the UK.

Preparation courses

Fees and funding

  • Full time Home/EU fees: £35,500 per year (2020/21)
  • Full time overseas fees: £35,500 per year (2020/21)
  • Part time Home/EU fees: N/A
  • Part time overseas fees: N/A

Students starting their programme in 2020/21 who are eligible to pay EU fees will pay the same rate of tuition fees as UK students. This will apply for the duration of their programme, but may be subject to change by the UK Government for subsequent cohorts from 2021/22.

These tuition fees may be subject to additional increases in subsequent years of study, in line with King’s terms and conditions.

Deposit

When you receive an offer for this course you will be required to pay a non-refundable deposit to secure your place. The deposit will be credited towards your total fee payment.

The UK/EU deposit is £500.

The INTERNATIONAL deposit is £2,000. 

  • If you receive an offer on or before 31 March 2020, payment is due by 30 April 2020.
  • If you receive an offer between 1 April 2020 and 30 June 2020, payment is due within one month of receiving the offer.
  • If you receive an offer between 1 July 2020 and 31 July 2020, payment is due within two weeks of receiving the offer.
  • If you receive an offer on or after 1 August 2020, payment is due within 2 days of receiving the offer.

    If you are a current King’s student in receipt of the King's Living Bursary you are not required to pay a deposit to secure your place on the programme. Please note, this will not change the total fees payable for your chosen programme.

Scholarships

We have a number of scholarships available for King’s Business School Master’s students. Please visit our scholarships page for more information.

Additional costs/expenses

In addition to the costs above, you can also expect to pay for: 

  • Books if you choose to buy your own copies 
  • Clothing for optional course related events and competitions 
  • Library fees and fines 
  • Personal photocopies 
  • Printing course handouts 
  • Society membership fees 
  • Stationery 
  • Graduation costs
  • Travel costs for travel around London and between campuses 

Please visit our web pages on fees and funding for more information.

Financial help and support

Visit the fees and funding webpages to find out more about bursaries, scholarships, grants, tuition fees, living expenses, student loans and other financial help available at King's.

Career prospects

Graduates from programmes run previously by the programme directors are highly sought after by investment banks, corporate risk management units, insurance companies, fund management institutions, financial regulatory bodies, brokerage firms and trading companies. Recent employers of these graduates include Capital Investment, Credit Suisse, European Bank for Reconstruction & Development, Fitch Ratings, HSBC and Morgan & Stanley. Some graduates have pursued research degrees in financial mathematics.

Career destinations

  • Capital Investment
  • Credit Suisse
  • European Bank for Reconstruction & Development
  • Fitch Ratings
  • HSBC
  • Morgan & Stanley

 

Testimonials

Next steps

View our postgraduate guide

Learn more about postgraduate degree programmes at King's. Download our guide in PDF format or order a copy.

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