Banking and Finance MSc

Key information

Duration:
1 year full time, 2 years part time
Start date:
September 2018
Apply by:
1 August (International), 1 September (UK/EU)

Gain a comprehensive understanding of the main theoretical and applied concepts in banking and finance.

We offer you training in banking, management and accounting as well as an in-depth appreciation of the finance industry in particular. This gives you a wide range of opportunities to specialise in advanced topics in banking and finance.

You're taught by academics at the forefront of the contemporary research agenda. Our teaching is in line with the most recent developments in the industry.

Why choose this course?

  • Business and economics at Sussex is ranked in the top 50 in the world (Times Higher Education World University Rankings 2018).
  • Learning with people from all over the world will provide you with the expertise and confidence to do well at a global level.
  • Our wide range of business courses – from management, marketing and entrepreneurship to accounting and finance – are all taught by top academic researchers and experienced industry practitioners.
“The lectures and seminars are really interactive and promote in-depth analysis, critical thinking and systematic problem-solving.” Cihan TemizBanking and Finance MSc

Entry requirements

Degree requirements

You should normally have an upper second-class (2.1) undergraduate honours degree or above.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please select your country from the list.

Argentina

Degree requirements

Licenciado/Titulo with a final mark of 7.5-8.5 depending on your university. 

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Australia

Degree requirements

Bachelors degree with second-class upper division.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Azerbaijan

Degree requirements

Magistr or Specialist Diploma with a minimum average mark of at least 4 or 81%

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Bahrain

Degree requirements

Bachelors degree with CGPA 3.0/4.0 (Grade B).

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Bangladesh

Degree requirements

Masters degree with CGPA of at least 3.0/4.0.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Brazil

Degree requirements

Bacharel, Licenciado or professional title with a final mark of at least 7.5 or 8 depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Brunei

Degree requirements

Bachelors (Honours) degree with second class upper division or GPA 3.1/4.0.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Canada

Degree requirements

Bachelors degree with CGPA 3.3/4.0 (grade B+).

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Chile

Degree requirements

Licenciado with a final mark of 5-5.5/7 depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

China

Degree requirements

Bachelors degree from a leading university with overall mark of 75%-85% depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Colombia

Degree requirements

Licenciado with ‘Acreditacion de alta calidad' and a GPA of 3.5.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Cyprus

Degree requirements

Bachelors degree or Ptychion with a final mark of at least 7.5.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Ecuador

Degree requirements

Licenciado with a final mark of at least 17/20.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Egypt

Degree requirements

Bachelors degree from a university with an overall grade of 75%

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

France

Degree requirements

Licence with mention bien or Maîtrise with final mark of at least 13.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Germany

Degree requirements

Bachelors degree or Magister Artium with a final mark of 2.4 or better.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Ghana

Degree requirements

Bachelors degree from a public university with second-class upper division.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Greece

Degree requirements

Ptychion from an AEI with a final mark of at least 7.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Hong Kong

Degree requirements

Bachelors (Honours) degree with second-class upper division.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

India

Degree requirements

Bachelors degree from a leading institution with overall mark of 55-70% depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Indonesia

Degree requirements

Bachelors degree from an 'A' accredited university with GPA 3.0/4.0. 

Bachelors degree from a 'B' accredited university with GPA 3.2/4.0.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Iran

Degree requirements

Bachelors degree (Licence or Karshenasi) with a final mark of at least 15.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Italy

Degree requirements

Diploma di Laurea with an overall mark of at least 105.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Japan

Degree requirements

Bachelors degree with a minimum C/GPA of at least 3.0/4.0 or equivalent.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Jordan

Degree requirements

Bachelors degree with CGPA of at least 3.0/4.0.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Kazakhstan

Degree requirements

Bachelors degree with an overall mark of 4 or better (on a scale of 1-5)/GPA 3,33.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Kenya

Degree requirements

Bachelors (Honours) degree with second-class upper division.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Kuwait

Degree requirements

Bachelors degree with CGPA of at least 3.0/4.0 or B+

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Lebanon

Degree requirements

Bachelors degree with CGPA 3.5/4.0 or 14/20.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Malawi

Degree requirements

Masters degree, depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Malaysia

Degree requirements

Bachelors degree with CGPA of at least 3.0/4.0

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Mexico

Degree requirements

Licenciado with a final mark of at least 8.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Nepal

Degree requirements

Masters degree with overall mark of 80%

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Nigeria

Degree requirements

Bachelors degree with second-class upper division or CGPA of at least 3.5/5.0.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Norway

Degree requirements

Bachelors degree with an overall grade of B.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Oman

Degree requirements

Bachelors degree with CGPA of at least 3.3/4.0.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Pakistan

Degree requirements

Four-year bachelors degree with overall grade of 65% or Masters with 60%

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Palestine

Degree requirements

Bachelors degree with GPA of at least 3.5/4.0 or B+

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Paraguay

Degree requirements

Bachelors with a final mark of at least 7.5/10.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Peru

Degree requirements

Licenciado with a final mark of 14/20 depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Philippines

Degree requirements

Masters degree with 1.5/5.0 (where 1 is the highest) or 3.7/4.0

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Qatar

Degree requirements

Bachelors degree with an overall CPGA of at least 3 (on a scale of 4).

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Russia

Degree requirements

Magistr or Specialist Diploma with a minimum average mark of at least 4.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Saudi Arabia

Degree requirements

Bachelors degree with a CGPA 3.5/5.0 or 3/4.0.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Singapore

Degree requirements

Bachelors (Honours) degree with second-class upper division or CAP 4.0.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

South Africa

Degree requirements

Bachelors (honours) degree with second-class division 1.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

South Korea

Degree requirements

Bachelors degree from a leading university with CGPA of at least 3.5/4.0 or B+

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Spain

Degree requirements

Licenciado with a final mark of at least 2/4.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Sri Lanka

Degree requirements

Bachelors Special degree with upper second honours.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Switzerland

Degree requirements

Licence or Diplôme with 5/6 or 8/10.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Taiwan

Degree requirements

Bachelors degree with overall mark of 70%-85% depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Thailand

Degree requirements

Bachelors degree with CGPA of at least 3.0/4.0 or equivalent.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Turkey

Degree requirements

Lisans Diplomasi with CGPA of at least 3.0/4.0 or equivalent depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

United Arab Emirates

Degree requirements

Bachelors degree with CGPA of at least 3.0/4.0 or equivalent.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

USA

Degree requirements

Bachelors degree with CGPA 3.3-3.5/4.0 depending on your university.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Vietnam

Degree requirements

Bachelors degree (with a Graduate Thesis/research component) with CGPA of at least 3.3/4.0 or 7.5/10.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Zambia

Degree requirements

Masters degree with GPA of 2.0/2.5 or equivalent.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

Zimbabwe

Degree requirements

Bachelors (Honours) degree with second-class upper division.

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

Please note

Our entry requirements are guidelines and we assess all applications on a case-by-case basis.

My country is not listed

If your country is not listed, you need to contact us and find out the qualification level you should have for this course. Contact us at pg.enquiries@sussex.ac.uk

Subject-specific requirements

Your qualification should demonstrate evidence of ability in mathematics or quantitative-related areas. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

English language requirements

IELTS (Academic)

Standard level (6.5 overall, including at least 6.0 in each component).

Check your IELTS qualification meets all of our entry requirements and find out more about IELTS

Alternative English language qualifications

Proficiency tests

Cambridge Advanced Certificate in English (CAE)

For tests taken before January 2015: grade B or above.

For tests taken after January 2015: 176 overall, including at least 169 in each skill

We would normally expect the CAE test to have been taken within two years before the start of your course.

You cannot combine scores from more than one sitting of the test. Find out more about Cambridge English: Advanced

Cambridge Certificate of Proficiency in English (CPE)

For tests taken before January 2015: grade C or above.

For tests taken after January 2015: 176 overall, including at least 169 in each skill.

We would normally expect the CPE test to have been taken within two years before the start of your course.

You cannot combine scores from more than one sitting of the test. Find out more about Cambridge English: Proficiency

Pearson (PTE Academic)

62 overall, including at least 56 in all four skills.

PTE (Academic) scores are valid for two years from the test date. Your score must be valid when you begin your Sussex course. You cannot combine scores from more than one sitting of the test. Find out more about Pearson (PTE Academic)

TOEFL (iBT)

88 overall, including at least 20 in Listening, 19 in Reading, 21 in Speaking, 23 in Writing.

TOEFL (iBT) scores are valid for two years from the test date. Your score must be valid when you begin your Sussex course. You cannot combine scores from more than one sitting of the test. Find out more about TOEFL (iBT)

The TOEFL Institution Code for the University of Sussex is 9166.

English language qualifications

AS/A-level (GCE)

Grade C or above in English Language.

Hong Kong Advanced Level Examination (HKALE)/ AS or A Level: grade C or above in Use of English.

French Baccalaureat

A score of 12 or above in English.

GCE O-level

Grade C or above in English.

Brunei/Cambridge GCE O-level in English: grades 1-6.

Singapore/Cambridge GCE O-level in English: grades 1-6.

GCSE or IGCSE

Grade C or above in English as a First Language.

Grade B or above in English as a Second Language.

German Abitur

A score of 12 or above in English.

Ghana Senior Secondary School Certificate

If awarded before 1993: grades 1-6 in English language.

If awarded between 1993 and 2005: grades A-D in English language.

Hong Kong Diploma of Secondary Education (HKDSE)

 Level 4, including at least 3 in each component in English Language.

Indian School Certificate (Standard XII)

The Indian School Certificate is accepted at the grades below when awarded by the following examination boards:

Central Board of Secondary Education (CBSE) – English Core only: 70%

Council for Indian School Certificate Examinations (CISCE) - English: 70% 

International Baccalaureate Diploma (IB)

English A or English B at grade 5 or above.

Irish Leaving Certificate

Grade C (Honours) or above in English.

Malaysian Certificate of Education (SPM) 119/GCE O-level

If taken before the end of 2008: grades 1-5 in English Language.

If taken from 2009 onwards: grade C or above in English Language.

The qualification must be jointly awarded by the University of Cambridge Local Examinations Syndicate (UCLES).

West African Senior School Certificate

Grades 1-6 in English language when awarded by the West African Examinations Council (WAEC) or the National Examinations Council (NECO).

English language support

If you don’t meet the English language requirements for your degree, you may be able to take a pre-sessional course.

Visas and immigration

Find out how to apply for a student visa

Admissions information for applicants

How to apply

You apply to Sussex using our postgraduate application system.

Personal statement

Yes. You must submit a personal statement as part of your application. 

Find out how to write a personal statement

If your qualifications aren’t listed or you have a question about entry requirements, email pg.enquiries@sussex.ac.uk

Pre-Masters

Need to boost your academic skills for your taught course? Find out about Pre-Masters routes

Application deadlines

1 August (International), 1 September (UK/EU)

Course details

Full-time and part-time study

Choose to study this course full time or part time, to fit around your work and family life. Modules for the full-time course are listed below.

For details about the part-time course, contact us at bmec@sussex.ac.uk

How will I study?

You study core modules and options in the autumn and spring terms. In the summer term, you conduct a research project.

You'll be assessed through a variety of methods including unseen examinations and a dissertation.

Modules

These are the modules running in the academic year 2017. Modules running in 2018 may be subject to change.

Core modules

Core modules are taken by all students on the course. They give you a solid grounding in your chosen subject and prepare you to explore the topics that interest you most.

Options

Alongside your core modules, you can choose options to broaden your horizons and tailor your course to your interests.

Find out about studying business and management at Sussex, including finance, banking, logistics and entrepreneurship

Our experts

I am committed to continuing to publish in leading banking and finance journals, which means I bring the best from new research into my teaching.”Emmanuel Mamatzakis
Professor of Finance
Prof Katie Bailey

Prof Katie Bailey

Professor Of Management

Research interests

Change Management, employee engagement, gender and employment, HRM in the public sector, Human resource management, knowledge-intensive firms, meaningful work, strategic human resource management

View Katie Bailey's profile

Dr Bruce Hearn

Dr Bruce Hearn

Senior Lecturer in Accounting & Finance

Research interests

Corporate finance, corporate governance, Finance, Financial Management

View Bruce Hearn's profile

Prof Ranko Jelic

Prof Ranko Jelic

Professor of Finance

Research interests

Corporate finance, European corporate bonds, Management Buyouts, Private equity, Privatisation

View Ranko Jelic's profile

Prof Emmanuel Mamatzakis

Prof Emmanuel Mamatzakis

Professor of Finance

Research interests

Corporate finance, corporate governance, Finance, Financial accounting, Financial Crisis in Greece, Financial Econometrics, Financial Management, Financial Markets, Financial stability, Public finances

View Emmanuel Mamatzakis's profile

Dr Mike Osborne

Dr Mike Osborne

Senior Lecturer in Accounting & Finance

Research interests

Capital budgeting, Corporate finance, Finance, Fixed income mathematics, Interest rates, Investment appraisal, Project analysis, Retail finance, Time value of money

View Mike Osborne's profile

Prof Barry Reilly

Prof Barry Reilly

Professor of Econometrics

Research interests

Applied Econometrics, Development Economics, Economics of Sport, Labour economics

View Barry Reilly's profile

Dr Shqiponja Telhaj

Dr Shqiponja Telhaj

Reader in Economics

Research interests

Applied microeconomics, Economics of Education, Labour economics

View Shqiponja Telhaj's profile

Course enquiries

+44 (0)1273 872668 
bmec@​sussex.ac.uk

Find out about the School of Business, Management and Economics

Fees and scholarships

How much does it cost?

Fees

UK/EU students:
£10,600 per year
Channel Islands and Isle of Man students:
£10,600 per year
International students:
£17,900 per year

Note that your fees may be subject to an increase on an annual basis.

If you’re studying part time over two years, you’ll be charged 50% of the equivalent 2018 full-time fee in each year of study. The fee in your second year – if you continue your studies without a break – will be subject to a 2.5% increase (subject to rounding).

Living costs

Find out typical living costs for studying at Sussex

How can I fund my course?

Postgraduate Masters loans

You can borrow up to £10,280 to help with fees and living costs if your course starts on or after 1 August 2017. Loans are available from the Student Loans Company if you’re from the UK or if you’re an EU national studying for a Masters.

Find out more about Postgraduate Masters Loans

Scholarships

Our aim is to ensure that every student who wants to study with us is able to despite financial barriers, so that we continue to attract talented and unique individuals.

How Masters scholarships make studying more affordable

Working while you study

Our Careers and Employability Centre can help you find part-time work while you study. Find out more about career development and part-time work

Careers

You’ll gain the essential skills and knowledge for a successful career in banking and finance. This MSc helps you develop the managerial and technical analytical skills required by employers in the finance industry in both the private and public sectors.

This course is for you if you aim to work in:

  • the City of London
  • multinational banking and financial corporations
  • investment banking and fund management 
  • large international financial bodies such as the IMF, OECD and the World Bank
  • central banks such as the Bank of England, FED and the ECB
  • Government bodies such as the Treasury 
  • auditing, bank supervision and regulation
  • financial markets and regulators.

Graduate destinations

95% of students from the Department of Business and Management were in work or further study six months after graduating. Our graduates have gone on to jobs including:

  • audit executive, China XianFeng Finance Ltd
  • investment manager, Hainan Airlines
  • management information analyst, Credit Suisse.

(EPI, Destinations of Leavers from Higher Education Survey 2015 for postgraduates)

Accounting for Decision Makers

  • 15 credits
  • Autumn Teaching, Year 1 credits

This module is designed as an introduction for non-financial managers to comparative international accounting, and financial reporting and analysis, within the context of converging standards.

No prior knowledge of accounting procedures is assumed or required.

Bank Financial Management

  • 15 credits
  • Autumn Teaching, Year 1 credits

This module provides a comprehensive account of the primary aspects of bank financial management.

Bank financial management covers the fundamental bank instrumental techniques, such as bank asset investment and bank funding instruments, and measuring costs and yield curves.

The modelule demonstrates how bank managers evaluate bank performance, specifically using operational performance measures and frontier analysis, then details the elements of bank asset and bank liability management.

Innovative aspects of bank strategies are covered, including bank funding alternatives, pricing off balance sheet items, and contingent claims products. International banking and foreign exchange are also discussed.

In addition, the module deals with bank mergers and acquisitions.

Corporate and International Finance

  • 15 credits
  • Autumn Teaching, Year 1 credits

This module covers the most important topics in corporate finance such as: capital investment decision-taking; financing andcapital structure; risk management; and portfolio theory. You will then analyse issues in international finance including: models of exchange rates; efficiency in foreign exchange markets; monetary unions; and international financial crises.

Essential Quantitative Finance

  • 15 credits
  • Autumn Teaching, Year 1 credits

You study:

  • elementary concepts in probability and statistics and how these are applied to the random variables (such as asset returns) that are commonly encountered in financial problems
  • univariate sample statistics and how this leads on to probability distributions that are commonly used in finance, including the binomial, Poisson, normal and lognormal distributions
  • sampling distributions and how these are applied to simple inference relating to financial problems
  • sample and population covariance and correlation and how this leads on to the basic principles of simple linear regression and Ordinary Least Squares (OLS) estimation, the general linear model, hypothesis tests and model specification
  • omitted variables, and other causes of autocorrelation and heteroscedasticity in the context of applied financial problems.

Bank Risk Management

  • 15 credits
  • Spring Teaching, Year 1 credits

In this module, you study the different risk management techniques used to assess and control risk in the banking sector.

You look at:

  • Value-at-Risk (VaR)
  • risk control techniques including limit setting and risk budgeting
  • Debit and Credit Value Adjustments (DVA and CVA)
  • credit risk assessment
  • credit lines
  • bank stress tests, which are designed to detect weak spots in the banking system so that preventative action can be taken.

Financial Derivatives

  • 15 credits
  • Spring Teaching, Year 1 credits

This module provides up-to-date coverage of the main aspects of financial derivatives. Moreover, it gives an overview of the mechanics of futures markets, the hedging strategies using futures, the determination of forward and futures prices, the mechanics of options markets and the swaps, and the Greek letters. The module presents the corner stone of financial derivatives, namely the Black-Scholes-Merton Model and goes further to introduce Value at Risk.

Research Methods (Finance, Accounting and Banking)

  • 15 credits
  • Spring Teaching, Year 1 credits

Provide students with the necessary training to undertake research.
Provide students with an understanding of the relevance and importance of alternative epistemological positions in the social sciences and the nature of both qualitative and quantitative approaches to research.
Develop students understanding of the nature of research in the social sciences by examining the study skills necessary to manage and undertake a research project.
Provide students with opportunities to be familiar with frontier empirical and theoretical research.
Provide students with a good foundation for undertaking a dissertation.

Research Project (MSc Banking and Finance)

  • 45 credits
  • Summer Teaching, Year 1 credits

In this module, you undertake an applied research project.

Specifically, your project involves researching and writing up, in the form of a dissertation, a specific aspect of banking - in a way that would support effective decision-making within an international/national banking context.

As part of this module, you learn research skills and, through reflective practice, you apply those skills to a specific research topic in banking.

For example, you will be able to estimate bank efficiency scores using either non-parametric (DEA) or parametric (SFA) methodology, and then empirically examine the impact of underlying contributing factors, such as Basel III regulation framework, on efficiency.

Towards this goal, you benefit from our new state-of-the-art academic building and the new on-line databases such as Bloomberg and Bankscope.

The aim is for you to critically survey and identify relevant theories and models and then to employ them in banking and finance.

The skills and context aspects of the module will help prepare you for this task, as well as helping you to develop transferable skills.

You may wish - for instance if your studies are sponsored by an organisation - to examine a particular problem/area for your organisation.

Your studies in this module are split into two phases, which include the following topics:

  1. Planning phase (spring term)
    • research problems, issues and controversies in the field of banking and finance
    • planning and designing research
    • literature review
    • methodologies in banking
    • analysis of data
    • empirical estimations
    • implications and conclusions.
  2. Research phase (spring-summer term)
    • individual, self-directed research of your approved topic, leading to the submission of your written research portfolio and research project.

Commodity and Energy Markets

  • 15 credits
  • Spring Teaching, Year 1 credits

You study and analyse the commodity markets, looking at distinctive features, complex price risks, and widespread valuation and hedging challenges.

You look at how techniques and tools from the traditional financial markets are adapted and extended and examine fundamental commodity concepts such as:

  • contango
  • backwardation
  • physical delivery and storage
  • seasonality and other prominent features of the behaviour of commodity spot and forward prices.

You study:

  • the links with supply and demand and the relationship between the physical and financial markets
  • quantitative techniques for modelling commodity price dynamics
  • pricing and hedging derivative products
  • applications to real-world problems and decisions (such as physical asset valuation, investment, operation or hedging)
  • energy, agriculturals, and metals
  • electricity and carbon emissions, with links to energy and environmental policy.

Corporate Governance

  • 15 credits
  • Spring Teaching, Year 1 credits

This module aims to introduce you to the roles and functions of boards of directors as well as the organisational structure of different types of firms, such as those within extended family networks and those of an entrepreneurial nature. This will involve developing understanding of information management systems and accounting techniques that assist effective board-level decision making as well as in the assessment of board and CEO effectiveness. The relevance of different boards structures will be discussed through a comparison of split boards and supervisory boards and the module will cover contemporary issues such as shareholder activism, the role of family and corporate block-shareholder control. Equally, the importance of worldwide differences in legal and institutional settings and their impact on corporate structure and governance will be discussed. While you will gain appreciation into contemporary issues effecting management structure of major corporations you will also be expected to apply this in real-life topical settings.

Financial and Time Series Econometrics

  • 15 credits
  • Spring Teaching, Year 1 credits

The primary aim of this module is for you to become familiar with a variety of applied time-series econometric techniques, enabling the confident and independent use of these techniques.

An important emphasis of the module is to provide you with 'hands-on' experience of econometric analysis through using a variety of economic data sets.

Financial Crises and Bank Regulation

  • 15 credits
  • Spring Teaching, Year 1 credits

You are provided with a comprehensive analysis of the financial sector regulation and supervision and central bank liquidity management.

The ongoing financial crisis implies that the focus should be on the implications and lessons for the future of the financial markets.

You are presented with the inadequacies in macroeconomic, in particular fiscal, policies and the need to redesign the international financial architecture regarding the regulatory framework.

Information Systems and Management

  • 15 credits
  • Spring Teaching, Year 1 credits

You study how Information Systems are used by organisations in commerical, public and voluntary sectors.

You explore how Information Systems, including cloud computing and social networking, link technology and business strategy, and help to provide sustainable competitive advantage to businesses.

You develop an understanding of the systems, technologies, concepts, tools, and frameworks needed to deploy, manage, and evaluate technology strategies, and processes, as well as the resources needed to gain competitive advantage.

Market and Credit Risk Analysis

  • 15 credits
  • Spring Teaching, Year 1 credits

You assess market risk and credit risk and study the foundations of market risk analysis and the basic Value at Risk (VaR) models.

This includes:

  • the mapping of portfolios to risk factors
  • the construction of covariance matrices and their application to the market risk of portfolios. VaR and ETL is computed at the portfolio level using historical and Monte Carlo simulation and, where possible, analytic solutions and the results are compared and backtested.

Your study of credit risk covers:

  • credit scoring models
  • counterparty credit risk (especially credit exposure, default, and recovery processes) and credit spreads
  • portfolio models of credit risk
  • credit valuation adjustments (CVA).

Money and Banking

  • 15 credits
  • Spring Teaching, Year 1 credits

In this module, you study: 

  • bond, stock and foreign currency markets
  • the role of banks and financial intermediation
  • competition and regulation in banking
  • financial crises
  • the role and policy tools of central banks
  • the role of money and banks in the broader economy.

Multinational Financial Management

  • 15 credits
  • Spring Teaching, Year 1 credits

The main aim of this module is to evaluate the financial decision-making of companies operating internationally, providing an understanding of global capital markets, in the context of international trade patterns, international monetary systems, exchange rate regimes and foreign exchange markets, as well as tax rules and legal and institutional complexities. You will also develop competences in the appraisal of international capital expenditure choices and in the effective implementation of multinational management control systems. In addition, the module considers the political risks faced by multinational enterprises, including firm-specific risk, country risk, and global risk, together with an assessment of the origins and repercussions of the current credit crisis, including the international scale of securitization, and the impact of market failure in international interbank markets on multinational financial management.

Summary outline: currency regimes and markets and the management of foreign exchange risk; measuring and managing exchange exposure; international financing and capital market integration; the cost of capital for foreign investments; capital budgeting for the multinational corporation; working capital management; taxation and transfer pricing; country risk analysis and the implications of the financial crisis of 2007-09 and module resumé.

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