Course summary
Why are banking and finance so important for our economy? How do banks work? How do their activities affect business cycle fluctuations or even economic crises? And how can economic policy, particularly monetary policy, steer the banking sector and the overall economy towards desirable outcomes? If you wish to pursue a career in the financial industry, central banks, civil service or academia, MSc Money and Banking is for you. Our course provides you with specialised training in money and banking, and also equips you with state-of-the-art tools and methods in economics and finance. You explore topics including:
- Financial intermediation and money creation
- Commercial and investment banks
- The monetary transmission mechanism
- The implementation of monetary policy and its interaction with financial markets
Modules
You can tailor your learning experience with a choice of optional modules. More information about these can be found on the University of Essex website
Entry requirements
Entry requirements for this course can be found on the course finder on the University of Essex website – www.essex.ac.uk
Fees and funding
Tuition fees
| England | £15000 | Year 1 |
| Northern Ireland | £15000 | Year 1 |
| Scotland | £15000 | Year 1 |
| Wales | £15000 | Year 1 |
| Channel Islands | £15000 | Year 1 |
| Republic of Ireland | £15000 | Year 1 |
| EU | £23500 | Year 1 |
| International | £23500 | Year 1 |
Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website .
Additional fee information
Fees displayed are for 2025-26 entry. Fees for part-time courses are calculated pro-rata to the relevant full-time fee.
Tuition fees may be subject to annual increases in each year of study in line with inflation.
Provider information
University of Essex
Wivenhoe Park
Colchester
CO4 3SQ