The MSc in International Money & Banking is a one-year, full-time Masters degree that provides students with excellent training for careers in banks, financial institutions, insurance companies, Central Banks and Ministries of Finance/Economics as analysts and/or advisers, as well as in the relevant departments of higher education.
The degree focuses on the use of advanced economics, quantitative methods, finance and banking (financial intermediation) theory in the understanding of the functions and problems of the international money markets and financial institutions.
Its purpose is to equip students with a range of methodological and problem solving skills and specialised knowledge relevant for international money and banking.
The degree will provide insights into the causes and effects of the ongoing Financial Crisis. Underlying causes of the crisis such as moral hazard and agency issues will be addressed in the Economic Theory & Applications and Incentives & Performance units; the transmission of the crisis through financial markets and into the real economy will be addressed in the Economics of Financial Institutions and the Economics of Bond Markets units, while the policy response will be analysed in the International Monetary Policy & Institutions units.
The MSc in International Money & Banking has a strong analytical specialist core including new units in the Economics of Financial Markets and Financial Economics, supported by new optional units, in the Economics of the Bond Market and International Monetary Policy & Institutions.
This specialist knowledge is further supported by the study of econometrics and appropriate topics from economic theory that provide general analytical theoretical insights which are then used in the more specialist units. The structure is academically robust, with emphasis on enhancing the students problem solving ability and understanding.
The programme compliments the existing range of established postgraduate programmes currently offered by the University, including the MSc Economics, MRes Economics and the MSc Economic & Finance programmes.