

MSc in Money, Banking and Finance, Lancaster University
Lancaster,
.
12 Months
Check Eligibility
About this course
This MSc programme is designed for graduates in Economics and Finance who aspire to analytical and decision-making roles in banking, government, or financial regulation. Over one year full-time, you will gain proficiency in modern econometric methods, forecasting, and risk assessment. The course covers the analysis of financial markets, institutional frameworks of the money and banking sectors, and the role of governments and central banks in shaping the financial environment. You will also work with macroeconomic models commonly used by central banks, fiscal authorities, and research departments. The programme emphasizes understanding monetary policy, banking, and finance, blending theoretical knowledge with practical skills needed in the financial industry and academia.
Why this course is highly recommended
This programme sits at the intersection of finance, economics, and banking, making it ideal for those aiming for roles that require analytical expertise. It is accredited by the Chartered Banker Institute, with Chartered Banker status achievable upon completion. The course is strongly linked with industry through guest speakers from renowned institutions like the Bank of England and European Central Bank, providing opportunities for networking and insights into real-world financial practices. Graduates often secure positions in banks, financial institutions, consultancies, and regulatory bodies. The comprehensive skill set and industry connections make it a compelling choice for future finance professionals.
Specialisation
The programme offers an in-depth focus on monetary policy, banking operations, financial markets, and risk management. Modules cover topics like applied econometrics, financial markets, international money and banking, macroeconomics, market risk forecasting, and derivatives pricing. Optional modules further delve into corporate finance, investment management, financial econometrics, fixed income markets, and more advanced areas such as behavioural finance and derivatives. The curriculum is tailored to equip students with both theoretical expertise and practical skills in quantitative analysis, financial regulation, and market dynamics.
Course fees
Application fees
33.25L
1st year tuition fees
33.25L
Living cost
-
Living cost
-
Degree requirements
Applicants should have a 2:2 honours degree (UK or equivalent) in Economics, Finance, Accounting, or related business subjects. Graduates from non-business disciplines with a strong quantitative background are also encouraged to apply. For international applicants, the university recommends checking their list of accepted qualifications. English language proficiency is required, typically an IELTS score of at least 6.5 overall, with a minimum of 6.0 in each element. Applicants may also need to provide other English language qualifications depending on their background.
English language test
PTE
58
TOEFL
87
DUOLINGO
-
IELTS
6.5
Career prospects
Graduates are well-equipped to work as analysts—covering financial, investment, quantitative, or risk analysis—as well as portfolio managers and investment bankers. The course prepares students for roles within banks, financial institutions, central banks, and research departments. The skills gained also serve as a strong foundation for pursuing doctoral research in related fields.
FAQs
What are the core modules in this programme?
Core modules include Applied Econometrics, Foundations of Financial Markets, International Money and Banking, Macroeconomics for Money, Banking and Finance, Market Risk Forecasting and Control, Microeconomics for Money, Banking and Finance, Principles of Financial Intermediation, and Topics in Banking Regulation and Financial Stability.
What optional modules are available?
Optional modules include Advanced Corporate Finance, Advanced Investment Management, Derivatives Pricing, Financial Econometrics, Financial Markets and Investment Management, Fixed Income Markets, and Investment Research Methods.
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