Postgraduate MSc/PgDip/PgCert

International Banking and Finance

Salford Business School

Attendance

Full-time

Part-time

Course

One year

Two year

Next enrolment

November 2019

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Introduction

In a nutshell

This programme provides you with the knowledge, skills and independent thinking abilities which are essential for developing a career in the financial services sectors, within banking and financial institutions, or in the field of corporate finance.

The programme is highly industry-focussed and culminates in the Industry Collaboration Project.  You will choose one of four options to look at a real industry problem and provide researched solutions, helping you put your learning into practice.

By using real world examples, case studies and problem solving, you will develop a comprehensive understanding and knowledge of the concepts and framework in banking, global financial markets and the finance and investment industry. You will learn about key challenges in the current global economic environment, consider issues from around the world, and analyse and evaluate problems to identify the best solutions to improve international banking and finance strategies and practice.

You will also develop knowledge through practice with a series of professional development workshops that will enhance your employability.

This programme will prepare you to sit the CFA exams. International students should apply for the MSc route.

The course also offers a distance learning option through our official partner Robert Kennedy College, Zurich, Switzerland.

You will:
  • Explore key challenges facing the global economic environment
  • Critically appraise the concepts that underpin financial markets
  • Develop practical skills and transferable knowledge
Placement

options available

International

students accepted

Course accreditations
EPAS logo

This is for you if...

1.

You plan on sitting your CFA exams

2.

You want to analyse the latest trends in the financial services industry

3.

You aspire to a career in financial services, corporate finance or banking

4.

You are a critical thinker

5.

You want to improve your employability

6.

You are interested in exploring key banking and finance theories

Course details

All about the course

The programme is block delivered and there are several entry points throughout the year. Students will take the modules below in a sequence dependent on their start date.

The course is delivered in four blocks of intensive study periods. For each block, you study a single module for a six-week period. Face-to-face teaching is delivered on campus for six hours each week. In addition, you will attend the taught element of the Industry Collaboration Project each Wednesday afternoon during the six-week blocks. During this period, you will also undertake independent study in your own time with online support through the University’s virtual learning environment, Blackboard.

Part time students study alternate modules (one module on, one module off) to complete their degree in two years.

For the final third of your studies, you will work on your Industry Collaboration Project, working with your own or another organisation on a live brief.

Semester one

Corporate and Quantitative Finance

In this module, you will critically assess modern corporate governance in light of the recent financial crisis and review the ethical issues in running modern firms. You will also critically assess modern capital structure theory, the risks and opportunities involved in mergers and acquisitions and the limitations and applications of statistical methods in finance.

Financial Engineering and Risk Management

Through this module you will critically evaluate the limitations and alternative forms of quantifiable risk and devise strategies to mitigate risk in using financial engineering instruments.

Semester two

Equity Valuation and Financial Statement Analysis

This module involves the evaluation of the theoretical basis of modern equity valuation and the concepts behind financial reporting. You will examine the impact of market and accounting based factors on the performance of firm equity value and devise strategies to minimise the risks associated with equity valuation.

Bank Financial Management and International Banking

This module equips you with the tools of analysis to understand the basic mechanics of banks’ financial instruments and their roles in promoting efficiency in the financial markets. You will apply critical frameworks to evaluate the globalisation of financial markets and the continuing liberalisation of economies around the world.

Semester three (Industry Collaboration Project (ICP) - choose from)

Work Placement

The paid Work Placement gives you the chance to undertake a six month project with an organisation located regionally, nationally or internationally. By exploring a key issue impacting an organisation, you will apply the theoretical knowledge gained through your studies and develop and use appropriate problem-solving skills in a real-world environment.

You will create an initial 1,500 word research proposal then compile an 8,500 – 10,000 word portfolio of evidence that shows the work undertaken, the deliverables created, the impact achieved, the theories and concepts applied, the data gathering activities undertaken and a critical reflection by the student of their work practices and learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:
10% project proposal
80% portfolio
10% presentation

Internship

The unpaid Internship option of the Industry Collaboration Project aims to equip you with the relevant practical skills to critically identify and evaluate key issues impacting organisations and their environments either in the UK or overseas.

Over a three month period, you will work alongside an organisation to identify and explore a real organisational issue.  You will have specified learning goals and will need to actively reflect on what is being learned throughout the experience.

You will create an initial 1,500 word research proposal then compile an 8,500 – 10,000 word portfolio of evidence that shows the work undertaken, the deliverables created, the impact achieved, the theories and concepts applied, the data gathering activities undertaken and a critical reflection by the student of their work practices and learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:

10% project proposal
80% portfolio
10% presentation

Dissertation

An advanced-level applied research pathway based on a real-world business problem and examining an issue important to an organisation.   The Dissertation path gives you the opportunity to apply the theoretical and practical knowledge gained from the taught elements of the programme to a current organisational issue and deploy and effectively use appropriate problem-solving skills through critical self-reflection and methodical, systematic research.  It is an excellent option if you are considering moving into academic research and PhD studies.

You will create an initial 1,500 word research proposal consisting of research questions, aims and objectives, and the rationale for undertaking the study.  The 12,000 – 15,000 word dissertation will include literature review, research methodology, analysis of findings, conclusions, recommendations and a critical reflection of your learning. In addition, you will share your findings with key stakeholders. This will generally be a presentation to an audience but might be a poster presentation or a video recording.

Assessment:

10% project proposal
80% portfolio
10% presentation

Entrepreneurship

Through this option you will apply the theory and concepts you have learnt from the taught elements of your programme. With the help of mentors you will develop the skills and thinking that supports entrepreneurial action will working on the development of your own innovative business idea. You will horizon scan for business opportunities, assess the external challenges and consider available strategies that will support your aim of establishing a new businesses, or let you incorporate entrepreneurial thinking into an existing organisation. The three month Entrepreneurship path is assessed through an Initial Business Proposal and an 8,500 word Comprehensive Business Proposal accompanied by a 30 minute presentation.

Please note that it may not be possible to deliver the full list of options every year as this will depend on factors such as how many students choose a particular option. Exact modules may also vary in order to keep content current. When accepting your offer of a place to study on this programme, you should be aware that not all optional modules will be running each year. Your tutor will be able to advise you as to the available options on or before the start of the programme. Whilst the University tries to ensure that you are able to undertake your preferred options, it cannot guarantee this.

What will I be doing?

TEACHING

Face to face teaching is delivered on campus for two half days each week. In addition, you will attend the taught element of the Industry Collaboration Project each Wednesday afternoon during the six week blocks, with independent study completed in your own time through the University’s virtual learning environment, Blackboard. Individual student timetables will be provided during induction week.

Teaching is delivered through a combination of lectures, seminars and tutorials, using a wide range of learning activities.

ASSESSMENT

Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.

Salford Business School

Salford Business School aims to be the most business-informed, industry-relevant business school in the UK. Industry shapes everything we do, from informing our students’ learning to providing work placements, driving our research and influencing our academic staff.

We want you to gain the best academic and personal experience possible. As a student here, you’ll have access to a range of experiences and opportunities, including internships and work placements in the UK or internationally so you graduate with much more than a degree.

Facilities

Salford Business School is located at the heart of the University’s Peel Park campus and just minutes from Manchester city centre. Teaching facilities include Lady Hale and Chapman buildings, which offer stylish modern spaces with lecture theatres equipped with the very latest technology and large screen displays. A dedicated Employability team will help you with work placements and access to work skills. Throughout campus, there is a choice of individual study areas, communal learning and breakout spaces, plus a selection of food outlets.

Programme leader

Professor Ghulam Sorwar

Professor Sorwar started his working life at the Derivatives Desk of Abbey Life Investment Services. He then decided to leave industry to complete a PhD. His main area of research focuses on Derivatives Pricing, Risk Management and the Financial Crisis. He has taught across a wide range of modules including Mathematical Finance and Corporate Finance amongst others. Currently he is both the Module Leader and teaches Risk, Regulation and Compliance and Bank Management.

Getting Here

If you’re planning on commuting, both our MediaCityUK and Peel Park campuses are perfectly placed. Whether by bus, rail, bike or car, we’re easily accessed from all over Greater Manchester, Lancashire and beyond. 

Get more information about your options for commuting, or hear about the experience from current students
 

Employment and stats

What about after uni?

Recent graduates have joined the international banking and finance industries, corporate sector, and the academic community. You will gain a highly-regarded formal qualification, as well as personal and organisational management skills that will enhance your career prospects. 

A taste of what you could become

A chartered public finance accountant

A stockbroker

An actuary

A data analyst

An economist

And more...

Career Links

The University of Salford grew out of the institutes of the late 19th century that provided a talented, technically proficient and professional workforce to support the UK’s rapidly growing industries. In the 21st century, this still holds strong. Whilst industry has changed significantly, the need for industry-focused education is equally relevant today.

We teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.

The curriculum across our postgraduate courses balances academic teaching and professional experience. Our industry partners give us their input into the curriculum so that the teaching reflects industry’s current and future needs and you develop the skills that employers want. The Industry Collaboration Project, which forms the final third of your study, is designed to give you real-world experience so you can apply the theory you have learned.

The series of guest lectures and industry visits allows you the chance to mix with professionals from industry, make connections, set up placements and conduct research.

Requirements

What you need to know

APPLICANT PROFILE

This course is suitable for graduates who have studied economics, finance, accounting, business studies, management or any other relevant disciplines. The course is also ideal if you are already working in the banking and financial services sector and want to enhance your career prospects.

The MSc is the only route available for international students.

ENGLISH LANGUAGE REQUIREMENTS

International applicants will be required to show a proficiency in English. An IELTS score of 6.5 (no element below 5.5) is proof of this.

If the English language qualification is slightly below this level candidates may be able to take one of the many English courses available in the University.

Standard entry requirements

Undergraduate degree

Normally a minimum 2:2 honours degree or equivalent or successful completion of the Graduate Certificate International Management.

A wide range of professional qualifications are also accepted either in partial or complete fulfilment of entry requirements.

Where a student has gained a recognised honours degree but does not meet the normal entry qualification requirement, they may still be considered for entry if they can demonstrate relevant work experience of a minimum two years duration post study and acceptable level of responsibility.

Alternative entry requirements

Accreditation of Prior Learning (APL)

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.

The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.

Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL).

How much?

Type of study Year Fees
Full-time home/EU 2019/20 £7,776per year
Full-time international 2019/20 £14,274per year
Part-time 2019/20 £1,296 per 30 credit module
Full-time home/EU 2020/21 £7,920per year
Full-time international 2020/21 £14670per year
Part-time 2020/21 £1,320 per 30 credit module
Additional costs

For more information please see our funding section.

You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.

Scholarships for international students 2019/20 and 2020/21

International applicants to Salford Business School postgraduate master’s programme may be eligible for the Salford Business School Postgraduate International Excellence Scholarship worth £3,500, or the Salford Business School Silver Award worth £2,500. 

For more information go to International Scholarships

Apply now

All set? Let's apply

Still have some questions?  Contact us

By email (UK/EU applicants): enquiries@salford.ac.uk

By email (international applicants): international@salford.ac.uk

By phone:  +44 (0) 161 295 4545

Enrolment dates

November 2019

January 2020

March 2020

June 2020

September 2020

November 2020