University of Edinburgh Business School
MSc in Banking Innovation and Risk Analytics
Edinburgh, United Kingdom
MSc
DURATION
2 semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
GBP 21,420 *
STUDY FORMAT
On-Campus
* Home| International (including EU): £37,800
Key Summary
About: The MSc in Banking Innovation and Risk Analytics at The University of Edinburgh Business School provides foundation in analytical and programming skills for risk management in banking and finance, plus advanced knowledge of banking innovations and technology. It covers risk analytics, programming, statistical modeling, fintech and data analytics, and prepares students for roles in banking, finance or fintech.
Career Outcomes: Graduates work worldwide in roles such as Analyst, Credit Risk Analyst, Model Risk Officer, Underwriter; employers include JP Morgan Chase & Co, EY, Arion Bank and TSB Bank, with alumni employed across China, Singapore, India and the United Kingdom.
Our MSc in Banking Innovation and Risk Analytics will provide you with a strong foundation in analytical and programming skills applied to risk management and in general to the banking and financial sectors. It will also deliver advanced knowledge of a range of banking innovations and technologies.
Semester 1
September–December
Compulsory courses
- Statistics for Analytics
- Programming for Risk Analytics
- Corporate Reporting Analysis
- Introduction to Risk Management in Banks
Semester 2
January–May
Compulsory courses
- Credit Risk Management
- Topics in Banking Innovation
Option courses - choose 2, 3 or 4
- Investment Management
- Data-Driven Business Insights
- Statistical Learning in Banking
- Financial Engineering
- Econometrics for Risk Analytics
- Economic Principles of Blockchain and Cryptocurrencies
Summer
May-August
Dissertation
Details of the Dissertation
The educational aims of the programme are to give an understanding of the role of banks in an economy, of the structure of banking in different economies, and of risk models that relate to both individual loans and portfolios of loans.
This is designed to help each student develop technical skills to analyse the riskiness of making loans and to manage portfolios of loans and risky assets.
Knowledge and understanding
After successful completion of the programme, students will have:
- A knowledge of the economic roles and structure of banks in different economies
- Knowledge and understanding of the different types of risks that banks face and how to measure them
- Knowledge and understanding of company financial statements
- Knowledge and understanding of statistical and econometric concepts
- Knowledge and understanding of risk models
- Knowledge of the economic and financial environments in which banks operate
- Detailed knowledge and understanding of credit scoring
Graduate attributes
By the end of the programme, students will be able to:
- Identify, define and analyse problems, and select or create processes to solve them
- Exercise critical judgement throughout the learning experience
- Critically assess extant knowledge and recognise the need to regularly challenge all information
- Identify and apply new ideas, methods and ways of thinking
- Respond effectively to unfamiliar problems in new contexts
- Communicate effectively both orally and in writing
- Demonstrate skills with time management
Applicants to the MSc in Banking Innovation and Risk Analytics can apply for a range of scholarships both from the University and external organisations.
Programme and School scholarships
We are keen to recruit the very best talent from all over the world. To this end, several programme-based and School-funded Scholarships are available, as well as others which are generously sponsored by industry and alumni.
Other scholarships and funding
You may be eligible for scholarships from the University of Edinburgh or an external organisation.
Graduates from our programmes have gone on to work for a variety of companies. This page details career outcomes for past students from the Banking Innovation and Risk Analytics (formerly Banking and Risk) programme.
Recent graduates
The success of our programmes within the finance portfolio is reflected in the career destinations of our graduates. Hugely respected by global employers, our programmes provide the perfect learning experience with access to world-class academics and courses that are underpinned by real world insights.
Job titles include:
- Analyst
- Associate
- Capital and Impairment Forecasting Analyst
- Corporate Banking Officer
- Credit Risk Analyst
- Credit Risk Consultant
- Model Risk Officer
- Risk Management Specialist
- Team Leader
- Underwriter
Example recruiting companies for recent graduates:
- Arion Bank
- Banco Pichincha
- Bank of Cyprus
- Bank Sinopac
- Cargill
- China Pacific Insurance Group Co Ltd
- EY
- Guidepoint
- JP Morgan Chase & Co
- Kaseya
- Marriott Hotels
- National University of Singapore
- SINOPEC
- TSB Bank
- Yingda Taihe Property Insurance
Working in 11 countries worldwide:
- China
- Cyprus
- Ecuador
- Germany
- Iceland
- India
- Mexico
- Republic of Korea
- Singapore
- Taiwan
- United Kingdom