MSc International Money & Banking

Qualifications and durations

  • Full-time MSc (1 year)


Dr Kerry Papps and students Charo Samson and Zhinqing Xin, discuss the MSc International Money & Banking programme.

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The MSc in International Money & Banking is a one-year, full-time Masters degree that provides you with excellent training for a career in banks, financial institutions, insurance companies, Central Banks and Ministries of Finance/Economics as analysts and/or advisers, as well as in the relevant departments of higher education.

The degree focuses on the use of advanced economics, quantitative methods, finance and banking (financial intermediation) theory in the understanding of the functions and problems of the international money markets, monetary policy and financial institutions.

The degree provides focus on monetary economics and banking while building on elements of advanced economic theory that will allow to draw on a wide range of methodologies in the investigation of specific problems. It will allow you to address problems such as the recent financial crisis. The investigation into real economic and monetary problems are aided by a rigorous training in econometrics that will allow to make sound empirical investigations.

The dissertation will allow you to work together with a member of staff on a topic of your interest and apply your knowledge to a specific problem.

Our MSc courses in economics have received high student satisfaction levels:

  • in the 2015 Postgraduate Taught Experience Survey, 94% of students agreed that their course had enhanced their academic ability
  • in the University of Bath’s 2015 Alumni Survey, 97% of economics graduates agreed that they were proud of their connection to the University of Bath

You can find more about this course by viewing our webinar.

This course complements the existing range of established postgraduate programmes currently offered by the Department of Economics, including the MSc Economics, MRes Economics and the MSc Economic & Finance programmes.

Course structure

Core units

  • Microeconomics
  • Macroeconomics
  • Financial economics
  • Econometrics for Economics & Finance
  • Financial Econometrics
  • Economics of Financial Institutions
  • International Monetary Economics

Optional units

  • International Monetary Policy and Institutions
  • Introduction to Quantitative Finance
  • Financial risk management
  • International Finance
  • Incentives and Performance
  • Computational Economics
  • Growth Theory

The final third of the course comprises a dissertation to be completed over the summer.

View Programme & Unit Catalogue for further information (this is the current structure of the programme – the structure for 2016/17 will appear here in July 2016).


Graduates of the course have excellent employment prospects. While some progress on to doctoral study, some of our graduates work for the following organisations:

  • Senior Analyst at Eka Canada Inc.
  • UK Power & Gas Trader at GDF SUEZ Energy
  • Associate CDS Trader at Citi
  • Consultant at JDX Consulting
  • Data Integrity & Custom Basket Analyst at UBS, Shanghai

Entry requirements

Academic requirements


A first or 2:1 honours degree (or equivalent) in economics or an appropriate quantitative subject (such as engineering, computer science or maths), which includes modules in at least two of the following: microeconomics, macroeconomics and econometrics.


You are expected to have obtained marks consistently in the range of a 2.1 or first (or equivalent) in at least five quantitative units such as: calculus, linear algebra, data analysis, game theory, operational research, probability, statistics, microeconomics, econometrics or financial engineering. Some of these modules should have been taken in your final two years of study.


English Language requirements

Certificates must be dated to within two years of the start of the programme of study.

  • IELTS 6.5 (with no less than 6.0 in each of the four components)
  • PTE Academic of 62 with no less than 59 in any component

If you wish to improve your English proficiency before commencing your studies, pre-sessional language training can be arranged through the Academic Skills Centre.

You may be eligible for a combined offer to include both pre-sessional English 5 (PS5) and the Master's degree programme. The advantage of this offer is that overseas students can apply for a Visa for the full duration of the programme rather than re-applying for a Visa at the end of the pre-sessional course.


  • Two references are required. At least one of these must be an academic reference.

How to apply

You can must apply to study through the Faculty of Humanities & Social Sciences Graduate School.

Financial information


Potential sources of funding


We suggest you apply before the following dates if you wish to study this programme:

  • 30 June 2016 for International Students (who need to apply for a UK Visa).
  • 31 August 2016 for Home/EU students.
  • Funding deadlines for Studentships and Scholarships


Tel: +44 (0)1225 38 3144

Related links


Department of Economics research

Our research activities cover all the mainstream fields of Economics. A combination of active strategy and natural evolution has led to the development of these groups:

In addition to these Research Clusters, we have also been involved with Health Economics, Contemporary Global Politics, and History of Economic Thought research.


Economics at Bath

The Department of Economics has a strong international research reputation in mainstream economics. The department has attracted substantial funding for its work on, for example, Environmental Economics.

We are ranked 8th for Economics in the Complete University Guide 2017.