University home > Unit and programme catalogues in 2021/22 > Programme catalogue > Faculty of Social Sciences and Law > School of Accounting and Finance - Business School > Banking, Regulation, and Financial Stability (MSc) > Specification
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Programme code | 9EFIM007T |
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Programme type | Postgraduate Taught Degree |
Programme director(s) |
Klaus Schaeck
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Faculty | Faculty of Social Sciences and Law |
School/department | School of Accounting and Finance - Business School |
Teaching institution | University of Bristol |
Awarding institution | University of Bristol |
Mode of study | Full Time |
Programme length | 1 years (full time) |
This is a specialist high-quality MSc programme in Banking, Regulation, and Financial Stability which seeks to provide excellence in teaching and learning within a high quality research environment.
This programme develops student’s interest in knowledge, understanding, and experience of banking research with an applied focus. The teaching is research-led and offers a comprehensive foundation in issues related to banking, banking regulation, and financial stability. The objective is to nurture and advance student’s interest in and knowledge and understanding of the range of skills required by individuals working in the banking industry in general, and in functions that support regulation and financial stability of banks in particular (where ‘banking’ is broadly defined to include both commercial and central banks).
It will introduce the use of databases that are also widely used in the banking industry such as SNL financial, and it will also provide training in the appropriate research methods in econometrics to allow students to analyse such data. To illustrate, the module “Econometrics” is mandatory but students who are keen to further advance their methodological skill set are given a choice to take options in “Further Econometrics” and “Programme Evaluation”. Alternatively, students who are keen to take a more practical approach towards banking may take the option “Bank Management and Risk Management”, while students who are keen to branch out into other areas of finance and economics are given a variety of choices among a list of different options such as “Derivatives”, or “Further Macroeconomics”. All teaching is research based and led by research-active scholars.
The dissertation provides opportunities for students to undertake an independent, in-depth study of a chosen research question in banking, supported by a thriving research culture. Moreover, this programme will offer a route for students wishing to take up postgraduate research in banking, and it equips them with the knowledge and skills to successfully pursue careers in the banking industry, advisory teams of accounting, auditing, and consulting firms that focus on banks, and regulatory bodies and agencies such as central banks, supervisory agencies, and deposit insures.
The programme aims to develop innovative, technically skilled, and creative high-quality graduates who
- are able to apply econometric techniques to timely and policy relevant questions in banking that help model the behavior of banks or banking systems; - have a thorough grasp of the relevant academic literature in banking; - understand and critically appraise the role of regulation and supervision in banking to ensure financial stability; - comprehend and reflect on the complexity of bank business activities and the risks they pose for individual banks and the economy as a whole, including the welfare implications of bank failures and banking crises; - are able to continue pursuing studies at doctoral or MRes level successfully so as to complete theses in their chosen fields. The programme places emphasis on students' written analyses of and critical engagement with issues arising from research; - are able to develop a broad range of transferable skills, including oral argument, rigorous time management skills, critical thinking, conceptualisation, independent learning and team work; - are able to collaborate in international teams; and haveinterpersonal skills needed in internationally active organisations.
Programme Intended Learning Outcomes | Learning and Teaching Methods |
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Programme Intended Learning Outcomes | Learning and Teaching Methods |
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Programme Intended Learning Outcomes | Learning and Teaching Methods |
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Statement of expectations from the students at each level of the programme as it/they develop year on year.
Level M/7 - Postgraduate Certificate |
For a postgraduate Certificate, students are required to complete the first term taught units in the programme. The structure of the degree programme has been designed to engage the student in a cumulative process of developing skills and knowledge through a sequence of complementary stages. In the first term, all Certificate, Diploma and Masters students develop foundational knowledge and understanding of the contemporary issues in banking and are introduced to research design and econometric methods. They develop general intellectual skills and attributes necessary for that knowledge and understanding; and are required to develop several practical skills. (60 credit points). |
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Level M/7 - Postgraduate Diploma |
For a postgraduate Diploma, students are required to complete all the taught units in the programme. In the second term, all Diploma and Masters students acquire a deeper knowledge and understanding of more specific areas of research in banking. These units explore more advanced topics that build on the material learned in the first term. The intellectual and practical skills learned in the first term are also developed, applied and extended. This will be demonstrated by gaining a minimum mark of 50 per cent in all taught units (120 credit points). |
Level M/7 - Postgraduate Masters |
The dissertation acts as the culmination of the student's progress through the degree programme, as she/he applies the appropriate technical, methodological and intellectual skills that have been developed to a piece of research devised in consultation and supervised by a staff advisor and located clearly within banking. This will be demonstrated by gaining a minimum mark of 50 per cent in the dissertation and a total of 180 credit points. |
The intended learning outcome mapping document shows which mandatory units contribute towards each programme intended learning outcome.
For information on the admissions requirements for this programme please see details in the postgraduate prospectus at http://www.bristol.ac.uk/prospectus/postgraduate/ or contact the relevant academic department.
n/a
Prof Klaus Schaeck
University of Bristol
15-19 Tyndalls Park Road
Bristol BS8 1TU
Unit Name | Unit Code | Credit Points | Status | |
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Macroeconomics | ECONM1011 | 15 | Mandatory | TB-1 |
Asset Pricing | ECONM2035 | 15 | Mandatory | TB-1 |
Introduction to the microeconomic foundations of banking | EFIMM0051 | 15 | Mandatory | TB-1 |
Quantitative Methods for Accounting and Finance | EFIMM0091 | 15 | Mandatory | TB-1 |
Principles of Financial Intermediation | EFIMM0054 | 15 | Mandatory | TB-2 |
Banking Regulation and Financial Stability | EFIMM0053 | 15 | Mandatory | TB-2 |
Dissertation (MSc Banking) | EFIMM0079 | 60 | Mandatory | AYEAR |
Select 30cp from: | ||||
Derivatives | ECONM3017 | 15 | Optional | TB-2 |
Econometrics beyond the mean | EFIMM0096 | 15 | Optional | TB-2 |
Programme Evaluation | ECONM0002 | 15 | Optional | TB-2 |
Public Finance and Monetary Policy | EFIMM0099 | 15 | Optional | TB-2 |
Bank Management and Risk Management | EFIMM0052 | 15 | Optional | TB-2 |
Financial Technology | EFIMM0128 | 15 | Optional | TB-2 |
180 |
The pass mark set by the University for any level 7(M) unit is 50 out of 100.
For detailed rules on progression please see the Regulations and Code of Practice for Taught Programmes and the relevant faculty handbook.
All taught masters programmes, unless exempted by Senate, must allow the opportunity for students to exit from the programme with a postgraduate diploma or certificate.
To be awarded a postgraduate diploma, students must have successfully completed 120 credit points, of which 90 must be at level M/7.
To be awarded a postgraduate certificate, students must have successfully completed 60 credit points, of which 40 must be at level M/7.
An award with Merit or Distinction is permitted for postgraduate taught masters, diplomas and certificates, where these are specifically named entry-level qualifications. An award with Merit or Distinction is not permitted for exit awards where students are required to exit the programme on academic grounds but is permitted in designated programmes (as set out in the programme specification) where students choose to withdraw from the intended programme but otherwise achieve the necessary credit points for the exit award.
The classification of the award in relation to the final programme mark is as follows:
Award with Distinction*: at least 65 out of 100 for the taught component overall and, for masters awards, at least 70 out of 100 for the dissertation. **Faculties retain discretion to increase these thresholds.
Award with Merit*: at least 60 out of 100 for the taught component overall and, for masters awards, at least 60 out of 100 for the dissertation. Faculties retain discretion to increase these thresholds.
* The MA in Law has separate regulations for awarding distinction and merit.
** For the award of Distinction, the Faculty of Engineering requires at least 70 out of 100 for the taught component overall and, for masters awards, at least 70 out of 100 for the dissertation.
All taught masters programmes, unless exempted by Senate, must allow the opportunity for students to choose, or be required, to leave at the postgraduate diploma or certificate stage.
To be awarded a postgraduate diploma, students must have successfully completed 120 credit points, of which 90 must be at level M/7.
To be awarded a postgraduate certificate, students must have successfully completed 60 credit points, of which 40 must be at level M/7.
Please note: This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if he/she takes full advantage of the learning opportunities that are provided.
University of Bristol,
Senate House,
Tyndall Avenue,
Bristol, BS8 1TH, UK
Tel: +44 (0)117 928 9000