University of Lincoln
MSc Banking and Finance
Lincoln, United Kingdom
DURATION
1 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Sep 2024
TUITION FEES
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STUDY FORMAT
On-Campus
Introduction
The MSc Banking and Finance programme at Lincoln, while extending an existing knowledge and skills base, aims to stimulate students intellectually. It is an intensive course that combines advanced study and research, preparing students for a career in banking and finance. Not only is there an opportunity to acquire a deeper understanding of finance theory but also it places particular emphasis on banking structures and institutions.
The course aims to provide students with the opportunity to analyse the current dynamic environment within the context of appropriate contemporary theory and research. With appropriate levels of sophistication, they can develop the tools and frameworks to analyse issues. Through this process, students can acquire skills that will better enable them to explore and analyse new issues as they emerge.
Research and enquiry are supported through such facilities as the Bloomberg suite and practical use can be made through the possibility of participating in LIBS Student Managed Investment Fund.
How You Study
The MSc in Banking and Finance is a one-year master's course combining advanced study and research. There are two banking modules, three finance, and two econometrics modules. Each student will take eight modules and write a dissertation. The dissertation will give them the chance to work with one of the department's experienced lecturers on a selected topic and apply your knowledge to a specific problem.
Through these modules, students can develop skills and knowledge in areas such as bank performance analysis; managing sources of funds; hedging; economic value of the banking book; risk-adjusted performance measures; credit risk scoring models and credit ratings; valuation and pricing; financial distress and bankruptcy assessment; and raising capital, capital structure, and dividends.
The quantitative methods provided in the econometrics include instrumental variables and two stage least squares; simultaneous equations models; forecasting; and panel data modelling.
Professional Partnerships
MSc Banking and Finance has been approved as an academic partner for the Financial Risk Manager certification by the Global Association of Risk Professionals (GARP). GARP is the world's leading professional organisation for risk managers, dedicated to the advancement of the risk profession through education, research, and the promotion of best practices globally. This programme provides an excellent preparation for employment within the finance industry and its graduates are well prepared to take FRM examination.
As part of the FRM® University Affiliation Course, eligible students can apply for FRM® scholarships that cover the cost of registration for the FRM examination.
Student Managed Investment Fund
Lincoln International Business School offers the Student Managed Investment Fund (LSMIF), which is an investment fund created, operated, and maintained by students within the school, with everything running within the real-world environment of finance.
Students will be managing real money with the objective of positive returns while managing risk. Industry veteran and long-time lecturer Hao Quach will help support the students throughout, with many years of experience in all aspects of investment banking and 20 years teaching in multiple countries, Hao will use his experience to ensure the stability of the fund and provide guidance. Read more about the Student Managed Investment Fund.
Bloomberg Terminal
Students can take advantage of the Bloomberg Terminal, which is designed to help industry professionals make better-informed investment decisions by offering the latest market news along with historical data and an international network for secure and reliable communication.
Bloomberg Terminal offers a practical resource for students to reinforce the theories they learn in lectures, as well as enable them to become familiar with the tools being used by today’s financial services professionals.
Broaden Your Horizons
Lincoln International Business School students can expand their horizons, visit our partner universities, and see international business in action by joining funded international trips to exciting overseas destinations. Places are awarded competitively to eligible students each academic year.
Working in Partnership
Lincoln International Business School works with students and organisations to enhance the contribution of business to society. For students, that means developing their business skills and knowledge to improve their career readiness.
The University of Lincoln is a member of AACSB, a global nonprofit association connecting educators, students, and businesses to achieve a common goal: to create the next generation of great leaders
"This information was correct at the time of publishing (July 2023)"
Admissions
Scholarships and Funding
Several scholarship options are available. Please check the University of Lincoln website for more information.
Curriculum
How You Study
The MSc in Banking and Finance is a one-year master's course combining advanced study and research. There are two banking modules, three finance, and two econometrics modules. Each student will take eight modules and write a dissertation. The dissertation will give them the chance to work with one of the department's experienced lecturers on a selected topic and apply your knowledge to a specific problem.
Through these modules, students can develop skills and knowledge in areas such as bank performance analysis; managing sources of funds; hedging; economic value of the banking book; risk-adjusted performance measures; credit risk scoring models and credit ratings; valuation and pricing; financial distress and bankruptcy assessment; and raising capital, capital structure, and dividends.
The quantitative methods provided in the econometrics include instrumental variables and two stage least squares; simultaneous equations models; forecasting; and panel data modelling.
Applied Corporate Finance (Core)
This applied course focuses on the up-to-date empirical evidence in the field of corporate finance. Students have the opportunity to develop knowledge about the empirical research process that helps them develop economic intuition about key corporate finance decisions in practice. Topics cover some of the most engaging ones in corporate finance, including valuation and pricing, governance and control, financial distress and bankruptcy, issues in raising capital, capital structure and dividends, and executive compensation and incentives.
Applied Econometrics for Economics and Finance (Core)
This module aims to illustrate the further techniques of empirical investigation in economics by using real-world empirical applications in the fields related to economics and finance. The topics covered will reflect the development of contemporary applied econometrics. It can also advance students analytical skills of using econometrics software and packages that are essential for students who wish to pursue a professional career in economics, finance or related disciplines.
Commercial Bank Management (Core)
The module aims to focus on the role of financial managers managing a special type of business the commercial banks. The module is designed to give a brief introduction to the banking and financial services industry in an opened and globalized economy context, including the organisation and structure of banking and financial services industry.
Dissertation and Research Design for Finance (Core)
The dissertation provides the opportunity to demonstrate the ability to reflect critically on the aspects relating to their Master's programme. The vehicle will be the researching and writing of a dissertation, based on the methods delivered in the pre-requisite QM modules. The dissertation is the capstone of the Master's learning process and allows the student to demonstrate mastery in scholarship of a programme related topic that they have selected in amalgamation with supervisory tutors.
Econometrics for Economics and Finance (Core)
This module builds upon the principles and methods of statistics and introduces classical econometric modelling by using cross-sectional and panel data. It also aims to equip students with analytical skills of using econometrics software and packages that are essential for students who wish to pursue a professional career in economics, finance or related disciplines. Real-world data will be used in this module to facilitate learning and to develop problem-solving skills.
Financial Technology (Core)
This module aims to provide students with an understanding of the major areas of Financial Technology, the ability to understand blockchain technology, and why so many firms are implementing the technology, as well to reflect on the history, behaviour, and impact cryptocurrencies have had on the financial sector. Students will gain a broad appreciation of recent developments in FinTech, including money and payment, digital finance, alternative finance and, importantly, FinTech regulation.
International Macroeconomics and Finance (Core)
This module equips students with an in-depth and applied-oriented understanding of theoretical and empirical problems addressed in the field known as International Finance (also known as International Macroeconomics / Open Macroeconomics) and to bring students up to the research frontier in International Finance. It draws heavily on financial modelling and financial econometrics.
Machine Learning Applications in Finance and Economics (Core)
Machine learning has become more prominent recently due to the availability of vast amounts of data and more affordable computing power. Machine learning excels at handling large and complex volumes of data with more variables than observations, something the business, policy, economics and finance has in increasing quantities. Leading banks and financial services companies are deploying AI technology, including to streamline their processes, optimise portfolios, decrease risk and underwrite loans among other things. Having the skills to master sift through the plethora of data, to find useful patterns will be highly prized over the coming years.
Risk Management in Banking (Core)
This module provides the students with a technical and broad overview of risk management in banking. The module can benefit students by expanding their understanding of the strong ties between banking risks and financial markets. It can also enable the students to have a critical understanding of the regulatory framework.
Program Outcome
How You Study
The MSc in Banking and Finance is a one-year master's course combining advanced study and research. There are two banking modules, three finance, and two econometrics modules. Each student will take eight modules and write a dissertation. The dissertation will give them the chance to work with one of the department's experienced lecturers on a selected topic and apply your knowledge to a specific problem.
Through these modules, students can develop skills and knowledge in areas such as bank performance analysis; managing sources of funds; hedging; economic value of the banking book; risk-adjusted performance measures; credit risk scoring models and credit ratings; valuation and pricing; financial distress and bankruptcy assessment; and raising capital, capital structure, and dividends.
The quantitative methods provided in the econometrics include instrumental variables and two stage least squares; simultaneous equations models; forecasting; and panel data modelling.
Program Tuition Fee
Career Opportunities
Career and Personal Development
This course is ideal for those wanting to work as a professional banker, or in a financial institution, business, commerce, international agency, and other similar organisations. It is also suitable for those wanting to journey to a PhD.