Finance with Specialisations

MSc

Programme details

  • Next start date: Jan 2020
  • Study: Full-time
  • Duration: 12 - 16 months
  • Fee: January 2020: £18,500

Modern finance is complex, demanding, integrated and dynamic. This programme gives you an insight into how this challenging industry works, as well as the opportunity to tailor your learning toward your career of choice.

The programme is delivered by senior experienced academics and prestigious guest lecturers, 
who will teach you the latest developments in the financial industry. You will also collaborate with fellow students from around the world, giving you a global insight into how the markets operate.

As well as a strong grounding in the latest developments in finance, you will be given the chance to pursue a specific field of interest.

Our programme offers three specialisations, including:

  • Trading
  • Banking
  • Risk Management

These options are combined with the core modules to provide a rounded and industry-focused introduction into your future field of expertise.

This rigorous, specialist programme will explain how the international financial markets work, including how capital is raised and how financial securities are priced. The programme will focus on the market mechanisms and how various financial assets are priced and valued by various participants.

We will teach you how to explore financial issues and formulate strategies. We will help you to absorb contrasting perspectives and interpret information. We will deliver hands-on training, including the opportunity to use live data on the Thomson Reuters Eikon platform, and other specialist databases and platforms. We will assist you in developing your research skills, which are highly-prized by global employers.

At Regent's, you'll be based in the heart of London, one of the world's most prestigious financial centres. You'll be able to access one-to-one assistance from staff with valuable experience, as well as insights from guest professionals who are respected in their fields.

MSc Finance with Trading Specialisation 

The trading specialisation provides you with the required knowledge and practical experience for a career in trading or asset management. The ‘virtual’ trading exercise that can last up to two months along with a MSc dissertation topic in trading, asset management or hedge funds provides the calling cards (‘track record’ and in-depth research study) to present to potential employers.

MSc Finance with Banking Specialisation 

The aim of this specialisation is to give you the skills in understanding, analysing and critically examining the purpose, principles and fundamental concepts of today’s financial markets, instruments and institutions, with particular emphasis on banking and its changing nature. The examination of these institutions is situated within the context of globalisation and international markets.

MSc Finance with Risk Management Specialisation 

The elective module of this specialisation is designed for you to critically understand the theory behind fixed income securities and their derivatives and how it is applied or not applied in the practical world. You will be introduced to all the necessary tools that enable you to understand and solve the problems involved in the fixed income arena.

Length

This is a one-year, full time programme.

Core modules

Module Title Credits Overview
Bank Risk Management 20 Banking is a special financial industry sector, whereby banks traditionally manage deposit and loan instruments between lenders and borrowers, and / or engage in financial activities like underwriting, proprietary trading, M&A, whilst constantly facing the constraints and opportunities that any firm faces. Unsurprisingly, banks have been influenced by the globalisation trends affecting their structure and by changes in the regulatory environment. Both of these developments also affect their customers.

Whether a bank chooses to strategically remain focused in one country or expand internationally will affect its profitability, its existing customers, its product range, ultimately its own survival. The nature of banking has been transformed by financial innovation, which at one level originates in banks providing intelligent ways of either managing their risk exposure and / or providing tailor-made financial instruments. The growth of derivative markets and secondary markets in bank deposits and loans has been of special importance in this transformation.

Against this background, over the past couple of decades we have observed bank failure on a large scale in over 90 countries (including the USA), which poses a systemic risk due to the special role banks play in any financial system. In response to these events, to the complexity of new financial instruments and to the challenges of globalization, there is an ongoing effort to develop more effective approaches to bank management and, in particular, more reliable techniques for measuring, monitoring and managing risk.
Corporate Finance 20 This module is designed to develop the MSc Finance students’ understanding of corporate finance theory and practice. It is an advanced course focussing on the interrelationship between investment decisions, financing and corporate value. The principle objective is to ensure a solid understanding of financial, interest rate, cash flow, valuation and structuring techniques that will be synthesised into modules on the programme and directly to inform technical mastery in the critical analysis, application and execution of financial management. The corporate finance module provides the foundation for all modules conceptually and functionally, to name but a few indicative links, banking regulation (FIN7A7) affects a company’s operations (bank or otherwise) which together with monetary policy (FIN7A6) impacts on the company’s capital budgeting and financing decisions. By analysing the challenges a company faces in its capital budgeting and financing decisions, the module also links with the investment analysis module (FIN7A3) in that it provides a way of using these techniques at exploring whether a given company is worth investing and / or trading in (FIN7A9), as well as linking the key parameter of interest rates with the key short term and long term decisions of the firm.
Corporate Valuation 10 This module is designed to provide MSc Finance students with: (1) a critical engagement with reporting and accounting policies and their effect on the numbers in financial statements; (2) and financial statement analysis from an investment perspective. While Financial Accounting provides an understanding of the principles and methods for the preparation of financial statements, this module focuses on the use of financial statements, particularly for valuation. Students will see accounting “come to life” as they apply it to valuation issues. That is why students should have a good understanding of financial accounting principles and financial statements.
Econometrics 10 Econometric research plays a fundamental role both in any science– indeed, one might argue that research provides much of the foundation for our technological society and for our modern world-view. In the world of finance, research is often the basis for decision-making, and many organisations employ a large number of staff in research oriented roles. In academia, research is the way through which the body of knowledge is expanded or modified. One of the capabilities expected from a graduate of the MSc. Programme in Finance is the ability to actively contribute in such contexts and this module – together with the Research Module as well as crucially the dissertation work – is where such capabilities are developed.
Investment Analysis 10 This module is designed to develop the MSc Finance students understanding of investment theory and practice. This course provides students with a framework of consistent fundamental principles which help students to develop the intuition to confront challenges throughout their professional working lives. The fundamental principles (CAPM, APT, EMH, Black and Scholes) are covered both from an academic and practitioners’ point of view. In short, the goal is to link theory with practice. In addition the delivery of the module will be aided by the use of Reuters, Bloomberg and Datastream.
Monetary Policy & Central Bank Operations 20 This module is designed to develop the MSc Finance students understanding of Monetary Policy theory and practice. It is an advanced course that covers the interrelationship between monetary policy decisions, interest rates and investment decisions. The principle objective is to forge a solid understanding of the theories underlying contemporary monetary policy frameworks, demand and supply of money, portfolio choices, rules and reputation of a central bank that will be synthesised into modules on the programme and directly to inform technical mastery in the critical analysis, application and execution of how the monetary policy framework may affect the economic agent decisions.

The module interrelates with Risk Management module (FIN7A5) because it highlights how the banking business and interest rates are affected by monetary policy forces. It is also interconnected with FIN7A7 because financial regulation, together with monetary policy, modifies the competitive environment in which financial intermediaries may operate.
Research Methods 20 Managers in organisations often need to rely on research-based information to make decisions. In order to make proper use of such material and to ensure that any decisions made on the basis of research findings are soundly based, it is necessary to understand the strengths and weaknesses of the methods and techniques used to collect and analyse such information. There is a wide range of possible approaches to conducting research or consultancy studies which vary in terms of the kinds of questions they seek to answer. The methods used to provide answers are explored in this module.
Dissertation 60 The MSc dissertation is an independent piece of research focusing on the selection and analysis of a topic, design of the research, its execution and presentation as a dissertation. It serves as the core integrative and most important element of the M.Sc. programme, realising 60 credits.

Elective modules

You will also take one of the following specialist modules. Modules are offered subject to demand and availability.

Module Title Credits Overview
Banking Regulation (Banking Specialisation) 10 This module is designed to develop the MSc Finance students’ understanding of the Financial Regulation codes and legislation across the globe. It will enable the successful student to critically analyse a range of rules, legislation issues and supervisory approaches with respect to risk, performance and strategic decisions related to the banking and financial industry. The module aims to develop the capacity for the successful student to work in a regulatory or supervisory authority, as well as to understand how the regulatory framework may impact on the different segments of the financial system.
Fixed Income and Derivatives (Risk Management Specialisation) 10 This module is designed to develop the MSc Finance students understand the theory and practice of fixed income markets, instruments and derivatives. This course provides students with a framework knowledge of derivatives with special reference on fixed income assets, such as fixed income securities and related products. The fundamental principles of credit derivatives products such as the credit default swaps, total return swaps and asset swaps will be covered extensively along with credit index products. Special focus will be given on innovative assets such as structured product and alternative assets such as catastrophe bonds. Last, the module will examine the trading mechanisms that govern the cash and derivatives buy and sell positions.
Trading in Financial Markets (Trading Specialisation) 10
Wealth Management 10

How to apply

Applying to study at Regent's University London is quick and easy. We have put together some helpful information to guide you through the process. We accept direct applications and there is no application fee.

Not received your results yet?

That's fine, you can still apply even without your exam results. We can issue a conditional offer without your results. You just need be clear in your application which qualifications you are currently studying for.

Step 1 Apply

You can apply in the following ways:

If you have not uploaded the relevant supporting documents during the online application process, you should ensure that we have the below supporting documents as soon as you have completed your application. These can be sent to the Regent’s Admissions Department via email to [email protected].

  • Copies of academic transcripts and certificates from all university studies (i.e. undergraduate degree)
  • One letter of academic recommendation
  • A copy of your CV/resumé showing your work experience, if applicable.
  • A 1,000 word personal statement outlining the reasons for applying to your chosen programme. This should demonstrate an understanding of a current issue relevant to the subject, how you feel you will benefit from the programme of study, what contributions you will make to the University and how this will help your future career aspirations.
  • A copy of your passport photograph (ID) page
  • If you are not a native English speaker, proof of your English proficiency

For some of our programmes, the selection process may include an interview. Interviews can take the form of a one-to-one interview or group interview. These are generally conducted on campus but may be conducted by telephone or as a Skype call. Arrangements of these are made between the Admissions Department and the applicant.

Step 2 Receive a response to your application

You can expect to receive a decision on your application within 10 working days of receipt of your completed application and supporting documents.

We will assess whether you meet our entry requirements and will notify you of the decision via email.

Step 3 Accepting your offer

If you wish to accept the offer, please pay the advance tuition fee deposit (non-refundable) to confirm your place. 

Please see here for information on how to pay.

Step 4 After you have accepted your place

Closer to the start of the term the Admissions Team will send information regarding the registration process. This will include information on completing your online enrolment prior to your arrival as well as a checklist of documents you will need to bring with you to fully register onto the programme.

Information for international students

If you are an overseas student requiring visa sponsorship to study in the UK, our team will be in touch with information on applying for your student visa and the documents you will need. More information can be found on our visas and immigration page.

Scholarships, funding and bursaries

India Postgraduate Taught Masters scholarships

Regent’s University London has a long-standing tradition of welcoming talented students from all over India. Our students from this region have always had a strong entrepreneurial spirit and have graduated from Regent’s fully equipped to join a large multinational, start their own company or join the family business. Regent’s is therefore pleased to offer five postgraduate scholarships specifically for students of Indian nationality, each worth £3,000.

Full details

Regent’s Family Reward

Regent’s offers an intimate style of education, characterised by lots of personal attention. This personalised approach extends beyond our students to their families, with the University welcoming increasing numbers of brothers, sisters and even children of our alumni each year. The University is delighted to offer the Regent’s Family Reward as a thank-you to our alumni for their and their families’ loyalty.

Full details

Regent's Postgraduate Progression Scholarships

Regent's Postgraduate Progression Scholarships reward the loyalty of undergraduate students who progress to enrol on a postgraduate degree with us. It's our way of saying thank you. Scholarships are worth up to 15% of tuition fees. 

Full details

Future Finance loans

Alternative loan funding* for students studying at Regent's University London.

Full details

US Financial Aid

Direct subsidised and unsubsidised loans for US citizens, as well as Direct PLUS loans for eligible US citizens and Green Card holders administered by the US Department of Education (USED) for all eligible degree programmes offered at Regent’s University London.

Full details

State-Sponsored Funding for Students from Norway

Loans and grants for Norwegian students studying for undergraduate or postgraduate degrees at Regent's University London.

Full details

State-Sponsored Funding for Students from Sweden

Loans and grants for Swedish students studying for undergraduate or postgraduate degrees at Regent's University London.

Full details

Postgraduate loans - Student Finance England 2018-19

Student Finance England (SFE) is now offering funding for UK and EU nationals, as well as students with the status of Migrant Worker (under the age of 60 on the date of first class of the first Master’s degree).

Students, who already hold one Master’s degree (or an equivalent or higher-level qualification) will not be eligible.

Full details

Tuition fee

Starting September 2019: £18,500
Starting January 2020: £18,500

Non-refundable advance deposit

Home/EU students: £1,000
Non-EU students: £4,000
Non-EU students in receipt of US Federal Loans: £1,000

What do fees include?

Fees cover the cost of all tuition and access to the University’s IT infrastructure and library learning resources. 

What other costs should I budget for?

You will need to budget additional funds for accommodation and living expenses, travel, and any additional trips, visits, activities or courses (such as Summer programmes) that you choose to participate in outside of the tuition offered as part of the programme.

The library hold a limited number of copies of core text books and where possible in e-format. You will be encouraged to purchase your own text books and will need to budget approximately £80-£100 for the year, depending on your programme of study.

When are fees paid?

Fees are payable in the following instalments:

  • An initial non-refundable advance deposit paid when you accept your offer of a place
  • The advance deposit is allocated against the first term’s fees
  • Tuition fees (including fees for subsequent terms) are due two weeks in advance of classes commencing

Additional fee charges

  • The programme fee outlined is for the full Masters programme including the dissertation element
  • Should there be a requirement to retake modules during an additional term of study or during the dissertation term,  there will be an additional charge per module retaken at the rate applicable to that period of study
  • The module charge will be calculated on a credit basis for each module, in line with the overall credit weighting of the programme  
  • Fees for subsequent years of study are subject to fee inflation
  • The University aims to keep annual fee increases in line with the University’s cost inflation. The expectation is that this will be no greater than UK consumer price inflation (CPI) plus 3%. There are occasionally variations to this dictated by the costs of running specific programmes or facilities required for our programmes
  • As a registered charity, all fee increases are subject to approval of the Trustee Board thus ensuring that affordability for our students remains a primary concern in any decisions regarding fee increases
     

Teaching and Assessment

Our programme is designed to give you a thorough insight into finance, with a practical approach that can be applied to a future career.

Students are introduced to different perspectives, and encouraged to analyse and interpret information independently. You'll also work with diverse and multicultural teams, learning from different perspectives and honing your collaborative skills.

Teaching will be carried out through workshops, lecturers, seminars and group work, as well as solo study.

Academic Calendar

Contact hours and expected workload

The contact hours are 14 hours per week for 11 weeks for each teaching term (term 1 and term 2). The expected workload is 1800 notional hours for the entire programme.

Teaching staff

Our lecturers have a high-level of academic experience, as well as familiarity with the industry. Our staff have worked in a range of fields in banking and finance in a variety of roles. We also welcome guest lecturers to provide insight into the latest developments in the industry.

Methods of assessment

You will be assessed through a combination of:

  • Essays
  • Examinations
  • Presentations
  • Written assignments and projects
  • In class tests

Disability Support

We welcome and support students with a wide range of disabilities and health concerns. This includes learning difficulties, visual and hearing impairments, mental health difficulties, autism spectrum conditions, mobility difficulties, and temporary or chronic health conditions.

Our dedicated Disability Officer is here to support you. We ask that you speak with Student Registry and our Disability Officer as early as you can to enable us to support you. Find out more about our disability support and contact us.

Academic requirements

A Regent’s education provides you with a high level of personal attention, and this begins from the moment you apply to study with us. We want to understand who you are and what your skills and interests may be – we are interested in your potential, as well as your prior achievements. We review each application comprehensively and on its individual merit, considering all of your skills, interests and attributes. Typically, we will make an offer to a student holding a minimum lower second class (2:2) UK Honours undergraduate degree in a business, financial, mathematical or analytical subject from a recognised institution. Other equivalent international qualifications from recognised institutions will be accepted.

We also welcome applications from candidates who do not meet the essential entry criteria outlined above. In order to be accepted for exceptional entry, you must:

  • Hold a minimum of two years’ relevant work experience
  • Provide a 1000-word personal statement outlining your reasons for applying, and how your previous experience is of relevance to the programme you are applying for
  • Be prepared to attend an interview with the Postgraduate Admissions Panel

English Language requirements 

We require proof of English Proficiency. For example, we ask for:

  • IELTS: Overall score of 6.5, with 6.0 or above in all 4 component parts
  • PTE Academic: Overall score of 58, with 51 or above in each individual component
  • TOEFL IBT: Overall score 80 (We do not accept TOEFL from applicants requiring a Tier 4 visa, as this qualification is no longer accepted by the UK Visas and Immigration Department (UKVI)
  • A-level/GCSE/IGCSE English: grade C / 4 or above (for IGCSE certificates, please provide the Supplementary Certifying Statement with the breakdown of component grades)
  • International Baccalaureate: Grade 5 in A1 or A2 English at Higher or Standard Level

This list is not exhaustive, we will review the English qualifications you have as part of your application and be in contact if we require anything further.

For applicants who wish to improve their English language proficiency, please see our English language courses.

On-campus diagnostic test

For offer holders in London, we can provide a free on-campus English diagnostic test. This test must be arranged in advance. To book a test, please contact [email protected]. Please note, this is a diagnostic test for Regent’s University London only. 

Our specialisations give you the opportunity to tailor your programme to the career you desire. We offer a strong grounding in different aspects of finance, coupled with the option to focus in on a particular interest.

Our MSc Finance opens up a number of opportunities, including:

  • Investment banking
  • Wealth management
  • Risk analysis
  • Business treasurer 
  • Corporate finance
  • Financial news analysis

You will gain a critical understanding of various aspects of finance, as well as the ability to analyse and interpret information and collaborate with others.

Apply now

Apply now