MSc in Banking, Economics and Finance
Cranfield, United Kingdom
MSc
DURATION
1 year
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
21 Sep 2026*
EARLIEST START DATE
28 Sep 2026
TUITION FEES
GBP 29,650 **
STUDY FORMAT
On-Campus
* for UK and Irish students
** for overseas students | £15,500 - for home students
Key Summary
About: Cranfield’s MSc in Banking, Economics and Finance is led by the Economics and Banking Group. The course is accredited by the Chartered Banker Institute and leads to the Associate Chartered Banker qualification (subject to passing criteria). You will earn a Principles for Responsible Banking Academy (PRBA) digital badge from the United Nations Environment Programme Finance Initiative (UNEP FI) and GIZ partners.
Career Outcomes: You’ll boost employability and can expect faster progression in banking, finance, risk management, consultancy and government roles. Industry and alumni prepare you for roles in commercial banks, regulatory bodies and financial consultancies focused on responsible and sustainable banking.
Drawing on faculty from across Cranfield School of Management, the programme is led by Cranfield’s Economics and Banking Group, which has been consistently ranked in the UK top 10 in the Financial Times Global MBA Ranking for its teaching of economics in relation to our full-time MBA programme.
This course is accredited by the Chartered Banker Institute. You can obtain the professional qualification of Associate Chartered Banker (subject to passing criteria).
You will also receive a digital badge awarded by the Principles for Responsible Banking Academy (PRBA), which has been established by the United Nations Environment Programme Finance Initiative (UNEP FI) in collaboration with the Chartered Banker Institute and the Deutsche Gesellshaft fur Internationale Zusammenarbeit (GIZ).
Why this course?
- Our Banking, Economics and Finance MSc is accredited by the Chartered Banker Institute. Upon successful completion of all the PG Diploma modules, the students will obtain the professional qualification Associated Chartered Banker.
- You will receive a digital badge awarded by the Principles for Responsible Banking Academy (PRBA), which has been established by the United Nations Environment Programme Finance Initiative (UNEP FI) in collaboration with the Chartered Banker Institute and the Deutsche Gesellshaft fur Internationale Zusammenarbeit (GIZ).
- You will have the opportunity to work on real-business problems set by our industry partners.
- This course will improve your critical awareness of the issues organisations face and will enhance your communication and research skills.
- Our Alumni will be engaged with the course to ensure that you are networking with employers throughout your time at Cranfield.
The Banking, Economics and Finance MSc has been designed for those individuals who wish to develop expertise across three interrelated subject fields.
This MSc will equip students with the level of knowledge and skills required for positions in the financial industry, as well as positions in the public sector and in consultancy services.
To help students find and secure appropriate funding, we have collated details of a range of scholarships and bursaries available, which contribute towards fees and/or living costs for graduates applying for full-time Master's courses in business and management.
- Merit Scholarships
- International Scholarships
- Prodigy Finance Student Loans
Visit our website for more information.
This course comprises twelve core modules, which include one 80-credit individual project. The taught modules will focus on the demands of the external market whilst developing your core knowledge and skills suitable for the dynamic banking, economic, and financial landscape. They will comprise a combination of three 20-credit modules and six 10-credit modules. Specifically, 20 credits focused on Economics content, 20 credits on Accounting and Finance, 60 credits on Banking content, and 20 credits are allocated to Data Analytics.
Compulsory Modules
All the modules in the following list need to be taken as part of this course.
- Contemporary Issues in Banking
- Financial Markets, Regulation and Ethics
- Accounting and Finance
- Digital Banking, FinTech, and Artificial Intelligence
- Sustainable and Green Banking
- Corporate Financial Management
- Financial Data Analytics
- Economics of Markets, Competition and Strategy
- Investment and Portfolio Management
- Responsible Banking
- Research Methods for Business Impact
Elective Modules
One of the modules from the following list needs to be taken as part of this course.
- Valuation and Financial Modelling
- Private Equity
- Mergers, Acquisitions and Restructuring
- Fixed Interest Securities and Credit Risk Modelling
- Investing for Environmental and Social Impact
- International Finance
- International Public Finance and Taxation
Keeping our courses up-to-date and current requires constant innovation and change. The modules we offer reflect the needs of business and industry and the research interests of our staff. As a result, they may change or be withdrawn due to research developments, legislation changes or for a variety of other reasons. Changes may also be designed to improve the student learning experience or to respond to feedback from students, external examiners, accreditation bodies and industrial advisory panels.
To give you a taster, we have detailed the compulsory and elective (where applicable) modules which are currently affiliated with this course. All modules are indicative only and may be subject to change for your year of entry.
Cranfield School of Management consistently performs well in international business rankings. We are ranked 4th in the UK and 25th in Europe in the Financial Times European Business School 2024 Rankings.
We expect that, following completion, you will be able to progress faster in your career, particularly within the financial sector industry. This course will improve your employability prospects by being interdisciplinary and internationally focused.
Moreover, by working with senior professionals in the relevant areas of business, we will ensure that the course stays relevant to industry and prepares you with the right skills to address the latest challenges in banks, businesses, government organisations and consultancies.
Taught modules 60%, Individual Project 40%
Individual Project
You will complete an evidence-led individual project within a banking/economics/finance setting and critically discuss it in a substantial project report, developing justified recommendations and/or action plans. This will enable you to carry out self-guided research and will enhance your analytical skills and critical thinking when producing the report.