University of St Andrews

University of St Andrews

Money, Banking and Finance

The aim of this programme is to develop high analytical ability, to provide students with transferable technical skills in empirical modelling, and to make them knowledgeable about: The functioning and rationale of leading financial institutions; commercial and central banking; the conduct and impact of monetary policy upon the financial system.

Entry requirements

A UK 2.1 Honours degree (single or joint Honours) or equivalent; background should include studies in economics, or cognate areas, including macroeconomics, with some quantitative, statistical content. Applicants must be fluent in written, and oral English, IELTS band 7.

Course modules

Core modules: Banking; money and banking; financial modelling; financial markets and institutions; financial intermediation. Optional modules: corporate finance; corporate governance and risk; financial econometrics, commercial banking; central banking; microstructure of financial markets; monetary policy.

Assessment methods

MSc: 9 months of coursework followed by a supervised 15,000-word dissertation.

Sponsorship information

Carnegie-Cameron bursaries; entrant accommodation bursary; Formula Santander postgraduate scholarship; recent graduate discount; Thomas and Margaret Roddan Trust bursary.


Qualification Study mode Fee Course duration
MSc Full-time £ 8,870 per Academic year (home fees) 1 years
MSc Full-time £ 19,300 per Academic year (overseas fees) 1 years
MSc Full-time £ 8,870 per Academic year (EU fees) 1 years

Campus details

Campus name Town Postcode Region Main campus Campus Partner
University of St Andrews St Andrews KY16 9AX Scotland

Key information

Postgraduate Secretary for Economics
Telephone number: 
01334 462439