Skip navigation
Finance (Financial Technology and Banking) at Durham University - UCAS

Durham University

Degree level: Postgraduate

Finance (Financial Technology and Banking) (Taught)

Course summary

The MSc in Finance (Financial Technology and Banking) focuses on a highly specialised sector of finance that is involved every day in the lives of people and in the decisions and directions taken by businesses and organisations across the globe. It will equip you with the skills and knowledge to work successfully in this vitally important area of finance. You will learn how to apply state-of-the art analytical skills, technical skills, and research techniques to financial scenarios in a teaching environment that is challenging and rewarding. Learning is designed to reflect our core values of fairness in how we experience the financial world and equality of access to financial services. Leading global financial institutions and businesses and prestigious PhD research programmes all look for such knowledge and experience. The 12-month full-time course comprises a combination of core and optional modules, culminating in a practice-based business project or a research-based dissertation depending on the learning direction you choose. Through a blend of lectures, seminars, and practical work, you will study an up-to-date range of modules including financial technologies, bank management, specialist finance software, banking and financial intermediation and econometric methods. The course has partnership status with the Chartered Financial Analyst Institute (CFA), the leading global association for investment professionals and the accepted benchmark around the world for technical excellence in financial markets. The School has made a significant investment in database resources, giving you access to live and historical data from providers including Bloomberg, Capital IQ, Thomson Reuters, DataStream and Orbis. These state-of-the-art databases give you the opportunity to interrogate the financial records of millions of companies worldwide and add valuable insight to your research. By joining us, you will experience teaching by passionate and dedicated academics who are committed to the study of finance and how it interacts with the everyday lives of individuals and its role within global institutions. Having completed the course, you will be equipped to enjoy a successful career working or researching in finance, banking, or a related discipline. Core modules: Financial Technologies I features the software, hardware, and innovative algorithmic technologies typically employed by and in financial innovation and is a platform for you to develop further skills in this area. Financial Technologies II uses examples and case studies based on real financial innovation scenarios and is focused on how financial technologies are built and implemented in practice. This is a practical module that teaches skills related to financial technologies and infrastructures. Bank Management develops your knowledge of key concepts and issues in banking related to the management of lending processes, bank funding structure, liquidity and risk management, and performance measurement. Python for Finance explores general principles and specific techniques of programming in the Python software and its applications in finance, including portfolio management, algorithmic trading, risk management and asset pricing. Banking and Financial Intermediation teaches the key concepts and issues in financial intermediation related to the specificities of banking firms, financial stability and regulation. Econometric Methods develops the econometric skills necessary for empirical research in economics and/or finance as well as the ability to understand more advanced econometric techniques that will be taught in the second term of the MSc. The Dissertation, on a finance topic of your choice, develops your ability to plan and manage your own learning. It provides an opportunity to conduct an in-depth investigation at an advanced level and present your findings and conclusions.

Modules

In recent years, optional modules have included: Advanced Financial Theory; Behavioural and Neurofinance; Climate Finance; Corporate Finance; Derivative Markets; Financial Modelling and Business Forecasting; Financial Risk Management; Fintech Regulations; International Financial Economics; International Study Tour; Islamic Banking and Finance; Islamic Capital Markets; Islamic Law and Financial Transactions; Market Microstructure; Mergers and Acquisitions and Corporate Restructuring; Portfolio Management; Security Analysis; A language module.

Assessment method

Assessment on this course is rigorous and carried out through exams in January, May and June, a range of assignments and a 12,000-word dissertation in which you carry out independent research and develop your analysis skills. Outside of timetabled contact hours, you will be expected to undertake your own independent study in preparation for exams, seminars, assignments, and other forms of assessment as well as general background reading in order to broaden your subject knowledge.


How to apply

International applicants

If you are an international student who does not meet the requirements for direct entry to this degree, you may be eligible to take a pre-Masters pathway programme at the Durham University International Study Centre.

Entry requirements

The Masters in Finance programme is designed for new or recent graduates. Certain routes within the Masters in Finance programme may also be of interest to those who already have practical experience in the field of finance. Prospective candidates must hold qualifications equivalent to a UK first or upper second-class honours degree in any discipline. Applicants are also expected to have strong quantitative skills for the programme, which includes fundamental concepts of calculus and statistics. Therefore, having studied a relevant mathematics/quantitative module at university level or a minimum of A level Mathematics (or its equivalent) is a prerequisite for prospective candidates. For applicants whose first language is not English: a minimum score of 6.5 in IELTS, with no element below 6.0; or a minimum score of 92 in TOEFL, with no element below 23; or an equivalent qualification.


English language requirements

Durham University welcomes applications from all students irrespective of background. We encourage the recruitment of academically well-qualified and highly motivated students, who are non-native speakers of English, whose full potential can be realised with a limited amount of English Language training either prior to entry or through pre-sessional and/or in-sessional courses. It is the normal expectation that candidates for admission should be able to demonstrate satisfactory English proficiency before the start of a programme of study, whether via the submission of an appropriate English language qualification or by attendance on an appropriate pre-sessional course. Acceptable evidence and levels required can be viewed by following the link provided.

English language requirements

https://www.durham.ac.uk/study/international/entry-requirements/english-language-requirements/


Fees and funding

Tuition fees

England £16000 Year 1
Northern Ireland £16000 Year 1
Scotland £16000 Year 1
Wales £16000 Year 1
Channel Islands £16000 Year 1
EU £35500 Year 1
International £35500 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

The tuition fees shown are for one complete academic year of study and are set according to the academic year of entry. Fees will be subject to an annual inflationary increase and are expected to rise throughout the programme of study. The fee listed above is for the first year of the course only.

Sponsorship information

For further information see the course listing on the Durham University Business School.

Finance (Financial Technology and Banking) at Durham University - UCAS