Banking Innovation and Risk Analytics MSc

Learning will primarily be through:

• lectures
• set reading
• class discussions
• exercises
• group-work assignments
• problem-solving in tutorials
• case studies

Assessment methods include examinations, assignments, presentations or continuous assessment.

• MSc Banking Innovation and Risk Analytics programme structure overview

Find out more about compulsory and optional courses

We link to the latest information available. Please note that this may be for a previous academic year and should be considered indicative.

Award	Title	Duration	Study mode
MSc	Banking Innovation and Risk Analytics	1 Year	Full-time	Programme structure 2023/24

You will gain knowledge and/or understanding of:

• the economic roles and structure of banks in different economies
• the different types of risks that banks face and how to measure them
• company financial statements
• statistical and econometric concepts
• risk models
• the economic and financial environments in which banks operate
• credit scoring

2023/24 entry requirements

These entry requirements are for the 2023/24 academic year and requirements for future academic years may differ. Entry requirements for the 2024/25 academic year are published below.

Entrance to our MSc programmes is strongly competitive. You can increase your chances of a successful application by exceeding the minimum programme requirements.

• Important points to note when applying for this programme

Academic requirements

You will need a UK first-class or 2:1 honours degree in one of the subjects below, or an equivalent overseas qualification.

• An undergraduate degree in a quantitative subject, finance, economics, business or management is normally required. Acceptable quantitative subjects include mathematics, statistics, operational research, informatics, computer science, physics, and engineering.

• Candidates with a very good Honours degree in other areas of study or relevant business experience will be considered on an individual basis.

Supporting your application

• Relevant work experience is not required but may increase your chances of acceptance.

• Preference will be given to those with grades above the minimum requirements due to strong competition for places on this programme.

Students from China

This degree is Band A.

• Postgraduate entry requirements for students from China

2024/25 entry requirements

These entry requirements are for the 2024/25 academic year and requirements for future academic years may differ. Entry requirements for the 2025/26 academic year will be published on 11 July 2024.

Entrance to our MSc programmes is strongly competitive. You can increase your chances of a successful application by exceeding the minimum programme requirements.

• Important points to note when applying for this programme

Academic requirements

You will need a UK first-class or 2:1 honours degree in one of the subjects below, or an equivalent overseas qualification.

• An undergraduate degree in management science, operational research, statistics, econometrics, mathematics, physics, computer science or engineering is normally required.

• Candidates with a degree in business, management, finance or economics will be required to have covered some quantitative content.

• Candidates with a very good Honours degree in other areas of study or relevant business experience will be considered on an individual basis.

Supporting your application

• Relevant work experience is not required but may increase your chances of acceptance.

• Preference will be given to those with grades above the minimum requirements due to strong competition for places on this programme.

Students from China

This degree is Band A.

• Postgraduate entry requirements for students from China

International qualifications

Check whether your international qualifications meet our general entry requirements:

• Entry requirements by country

English language requirements

You must demonstrate a level of English language competency at a level that will enable you to succeed in your studies, regardless of your nationality or country of residence.

English language tests

We accept the following English language qualifications at the grades specified:

• IELTS Academic: total 7.0 with at least 6.0 in each component.
• TOEFL-iBT (including Home Edition): total 100 with at least 20 in each component. We do not accept TOEFL MyBest Score to meet our English language requirements.
• C1 Advanced (CAE) / C2 Proficiency (CPE): total 185 with at least 169 in each component.
• Trinity ISE: ISE III with passes in all four components.
• PTE Academic: total 70 with at least 59 in each component.

Your English language qualification must be no more than three and a half years old from the start date of the programme you are applying to study, unless you are using IELTS, TOEFL, Trinity ISE or PTE, in which case it must be no more than two years old.

Degrees taught and assessed in English

We also accept an undergraduate or postgraduate degree that has been taught and assessed in English in a majority English speaking country, as defined by UK Visas and Immigration:

• UKVI list of majority English speaking countries

We also accept a degree that has been taught and assessed in English from a university on our list of approved universities in non-majority English speaking countries (non-MESC).

• Approved universities in non-MESC

If you are not a national of a majority English speaking country, then your degree must be no more than three and a half years old at the beginning of your programme of study.

Find out more about our language requirements:

• English language requirements

Application fee

This programme requires a non-refundable application fee.

• £60

Deposit

You will need to pay this deposit within 28 days of receiving your offer of admission (either unconditional or conditional).

• £1,500 (this contributes towards your tuition fees)

Additional programme costs

See the programme website for more information on additional costs, as well as application fees and deposit payment.

• MSc Banking Innovation and Risk Analytics - fees and living expenses

Living costs

You will be responsible for covering living costs for the duration of your studies.

Tuition fees

Award	Title	Duration	Study mode
MSc	Banking Innovation and Risk Analytics	1 Year	Full-time	Tuition fees

Featured funding

• Business School scholarships

• External Scholarships

UK government postgraduate loans

If you live in the UK, you may be able to apply for a postgraduate loan from one of the UK’s governments.

The type and amount of financial support you are eligible for will depend on:

• your programme
• the duration of your studies
• your tuition fee status.

Programmes studied on a part-time intermittent basis are not eligible.

• UK government and other external funding

Other funding opportunities

Search for scholarships and funding opportunities:

• Search for funding