University of Bath

University of Bath

International Money and Banking

The MSc in International Money & Banking is a 1 year, full time Masters degree that provides students with excellent training for careers 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 inter mediation) theory in the understanding of the functions and problems of the international money markets and financial institutions. It's purpose is to equip students with a range of methodological and problem solving skills and specialised knowledge relevant for international money and banking. The degree will provide insights into the causes and effects of the ongoing financial crisis. Underlying causes of the crisis such as moral hazard and agency issues will be addressed in the economic theory and applications and incentives and performance units; the transmission of the crisis through financial markets and into the real economy will be addressed in the economics of financial institutions and the economics of bond markets units, while the policy response will be analysed in the international monetary policy and institutions units. The MSc in International Money & Banking has a strong analytical specialist core including new units in the economics of financial markets and financial economics, supported by new optional units, in the economics of the bond market and international monetary policy and institutions. This specialist knowledge is further supported by the study of econometrics and appropriate topics from economic theory that provide general analytical theoretical insights which are then used in the more specialist units. The structure is academically robust, with emphasis on enhancing the students� problem solving ability and understanding.

Entry requirements

Academic requirements: 1st or 2.1 Honours degree (or equivalent) in economics or an appropriate subject, from a recognised university. English Language requirements: IELTS 6.5 (with not less than 6.0 in each of the 4 components); TOEFL 580 (paper based test) or 237 (computer based test) with a score of not less than 4 in TWE or 92 (internet based test) with not less than 21 writing, listening 21, reading 22 and speaking 23.

Course modules

Core units: Economic theory and applications 1; econometrics for economics and finance; financial economics; international monetary economics; economics of financial institutions; financial econometrics. Optional units: Development economics; economics of bond markets; economic theory and applications 2; growth theory; international monetary policy and institutions; incentives and performance.

Assessment methods

The final 1/3 of the programme comprises a dissertation.


Qualification Study mode Fee Course duration
MSc Full-time £ 17,000 per Academic year (overseas fees) 1 years
MSc Full-time £ 9,000 per Academic year (home fees) 1 years
MSc Full-time £ 9,000 per Academic year (EU fees) 1 years

Campus details

Campus name Town Postcode Region Main campus Campus Partner
University of Bath Bath BA2 7AY South West

Key information

Programme Administrator
Telephone number: 
01225 383144