MSc International Banking and Finance

Module: 7FC010

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Globally, there has been growing interest in corporate governance as a result of high profile corporate scandals and failures, and concerns about levels of executive pay. Corporate governance is often viewed as the system of rules, practices and processes by which a company is directed and controlled. There are broadly two broad types of corporate governance mechanisms: internal and external. Internal mechanisms include the board of directors, ownership structure of the organisation, capital structure, internal control systems whilst external mechanisms include the law, the market for corporate control and financial markets. This module will thus explore issues in corporate governance and in particular how corporate governance mechanisms may influence corporate performance. The module will also focus on the tasks of the boards of directors and upon the key role the board plays in ensuring sound corporate governance. The module gives you the opportunity to undertake a quantative analysis using a computer statistical package to explore the relationship between corporate governance mechanisms and firm performance. On successful completion of this module, you should have a sound understanding of corporate governance mechanisms, and how good corporate governance can help to improve company performance.

Module: 7FC009

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Finance involves the application of mathematics and economic theories. Research in banking and finance is increasingly quantitative. Therefore, students in these fields are required and encouraged to take courses in financial econometrics. This module discusses the idea of linear regression model and the methodological issues arising when using linear regression model for empirical finance research. The module will explore the concept of time series analysis which provides a podium to capture empirically relevant features of observed data that may have arisen from a variety of different structural models. The module will further develop techniques of economic and finance modelling relating to theories in finance and economics, such as portfolio theory, asset pricing theories and other theories. On successful completion of this module, you should have a sound understanding of some of the main analysis techniques employed in empirical finance.

Module: 7FC002

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Making a sound corporate financial decision in an international environment is a complex activity. Poor financial decisions and strategies could affect organisations not maximising shareholder value. This module enables you to understand the international financial system and apply the various international financial strategies available to international corporate managers.

1. Compare and contrast different theories of banking, corporate governance and finance and their application to investors, business and financial institutions.
2. Apply a range of empirical techniques to the testing of banking, corporate governance and finance theories.
3. Access a range of career options including, but not limited to the broad banking and financial sector.
4. Synthesise contemporary academic debate that will enable you to progress to doctoral study.
5. Develop a range of inter-personal skills that are appropriate for the international workplace
6. Critically assess how the international economic environment affects businesses

Location Mode Fee Year Home/EU Full-time £10650 per year 2020-21 Home Full-time £10900 per year 2021-22 International Full-time £13350 per year 2020-21 International Full-time £13950 per year 2021-22

These fees relate to new entrants only for the academic year indicated for entry onto the course, any subsequent years study may be subject to an annual increase, usually in line with inflation.

• A good honours undergraduate degree (second class or above) from a UK university or overseas equivalent, or a professional qualification and/or experience considered to be equivalent to the above. Whilst the undergraduate honours degree can be in a non-cognate discipline, a good quantitative background would be helpful.
• A reference from a tutor who has supervised the applicant’s undergraduate studies and/or employer;
• Students may apply for recognition of prior learning (RPL) subject to the guidelines set out in the RPL Handbook. RPL includes accreditation of prior certificated learning and /or accreditation of prior experiential learning.
• Please check our minimum language entry requirements before submitting your application.
• We offer a range programmes in English as a Foreign Language if you don't meet these requirements.

Applications are also welcome from individuals who do not possess the above qualifications but who have significant management experience and are able to demonstrate previous non-certificated learning equivalent to the above. In such cases, admission to the programme will be based on an evaluation of the applicant’s ability to continue to benefit from and achieve the award.

Postgraduate Loan (Home Fee Status):

You may be able to get a postgraduate student loan from Student Finance England of up to £11,750 to help pay for a Master’s degree. Applications are made through Student Finance England and more information on the regulations and eligibility criteria can be found at Masters Loans gov.uk.

* Any RPL will invalidate your eligibility as you must study a minimum of 180 credits

Changes for EU students:

The UK government has confirmed that EU students starting courses from 1 August 2021 will normally be classified as Overseas (International) students for fee purposes. More information about the change is available at UKCISA:

EU citizens living in the UK with 'settled' status, and Irish nationals living in the UK or Ireland, will still be classified as Home students, providing they meet the usual residency requirements, for more information about EU Settlement Scheme (EUSS) click here.

Postgraduate Loyalty Discount:

You can get 20% discount on a taught on-site postgraduate course if you’re a University of Wolverhampton Graduate.

The University offers a generous 20% Loyalty Discount to students progressing from an undergraduate programme to a taught postgraduate programme, where both courses are University of Wolverhampton Awards.

There is no time limit on how long ago you completed your degree as long as this is your first Masters level qualification.

The discount applies to the first year of enrolment only. Students who receive a loyalty discount are not entitled to any further tuition discount or bursary. For full terms and conditions click here.

Self-funded:

If you are paying for the fees yourself then the fees can be paid in 3 instalments: November, January and April. More information can be found by clicking here.

Sponsored - Your employer, embassy or organisation can pay for your Tuition fees:

Your employer, embassy or organisation agrees to pay all or part of your tuition fees; the University will refer to them as your sponsor and will invoice them for the appropriate amount.

We must receive notification of sponsorship in writing as soon as possible, and before enrolment, confirming that the sponsor will pay your tuition fees.

Financial Hardship:

Students can apply to the Dennis Turner Opportunity Fund for help with course related costs however this cannot be used for fees or to cover general living costs.

Charitable Funding:

You might also want to explore the possibility of funding from charitable trusts; please see the following websites Association of Charitable Foundations, Directory of Social Change or Family Action. Most charities and trust funds offer limited bursaries targeted to specific groups of students so you will need to research whether any of them are relevant to your situation.

You can find more information on the University’s Funding, cost, fee and support pages.

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Module: 7FC002

Credits: 20

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Making a sound corporate financial decision in an international environment is a complex activity. Poor financial decisions and strategies could affect organisations not maximising shareholder value. This module enables you to understand the international financial system and apply the various international financial strategies available to international corporate managers.

Module: 7FC015

Credits: 30

Period: 1

Type: Core

Locations: Wolverhampton City Campus

This module examines the need for and methods used in overcoming problems in money and banking in the context of national and global economy. This involves examining the role of central banks in conducting monetary policy and maintaining financial stability and the impact of monetary policy upon the financial system and the macroeconomy as a whole. The issue of financial stability has become especially important since the 2007/8 financial crisis followed by the announcement of the Brexit vote and the onset of the pandemic. These events led to the extensive use of unconventional monetary policy tools and substantial changes in regulations of financial institutions aimed at improving the economic and financial stability. This module provides students with an understanding of monetary theory and policy, the structure of banking and the financial sector, and financial operations. It also encompasses the key principles of financial regulations, the global regulatory frameworks and the main national variations. The module further explores the role of international banking prudential regulation set by the Basel committee in deploying capital as a tool of regulation and a mechanism for controlling risk.

Module: 7FC016

Credits: 30

Period: 1

Type: Core

Locations: Wolverhampton City Campus

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This module provides you with a knowledge and understanding of key practical applications of finance models using standard computer software and financial databases. The module covers a range of topics in finance drawn from modern portfolio theory, risk management and financial modelling