MSc Finance (Banking and Risk Management)

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 1 Years
Mode On Campus
Level Postgraduate
Degree Masters Degree
Next Intake TBA

Course Overview

The MSc Finance (Banking and Risk Management) at University College Cork offers you an advanced exploration into the critical theories and practical applications of investment, banking, and risk management. This postgraduate programme is ideal for those seeking to deepen their understanding of financial economics, macroeconomics, and sophisticated quantitative financial techniques. You will gain hands-on experience with in-demand data analysis software like Python and R, preparing you for the complexities of modern financial markets and the challenges of managing financial risk.

This full-time, on-campus Masters degree is studied over one year, immersing you in core areas such as asset pricing, derivatives for risk management, and corporate treasury management. You will explore regulation and compliance in capital markets, alongside international finance and quantitative finance modules, applying econometric methods to real-world data. Your studies culminate in either an independent academic research project through a dissertation or practical experience via an industry placement, equipping you with the analytical skills and professional insight for careers in banking, financial analysis, and risk management.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This MSc program in Finance, specializing in Banking and Risk Management, offers a comprehensive exploration of financial markets and instruments. Students will delve into asset pricing, derivatives for risk management, debt instrument analysis, and corporate treasury. The curriculum also covers financial economics, including capital market regulation, international finance, and the intricacies of money, credit, and banking. Advanced quantitative finance methods and research methodologies are integral to the program, culminating in a dissertation or industry placement.

1 Finance

Asset Pricing
Derivatives for Risk Management
Analysis of Debt Instruments
Financial Practice and Ethics
Corporate Treasury Management

2 Financial Economics

Regulation and Compliance in Capital Markets
Money, Credit, and Banking
International Finance I
International Finance II

3 Quantitative Finance

Quantitative Finance I
Quantitative Finance II
Research Methods

4 Summer Term

Dissertation in Financial Economics
Industry Placement

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 23,174.00
Total Program Cost Estimated total tuition
USD 23,174.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 777.00 - USD 1,595.00
Food & Groceries USD 2,807.00 - USD 4,491.00
Transport USD 702.00 - USD 1,684.00
Utilities & Bills USD 1,404.00 - USD 2,105.00
Estimated Total USD 4,913.00 - USD 8,280.00

Living cost estimates are based on Cork Campus.

Outcomes & Employability

What happens after you graduate

93%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Blockchain & Emerging TechnologiesBrokerage & Trading & SecuritiesCybersecurityDevOps & Site Reliability EngineeringHardware & Semiconductor EngineeringIT Support & Systems AdministrationInsurance & Risk ManagementPrivate Equity & Venture CapitalTax & Legal ComplianceTransport Engineering & Infrastructure

Top Employers Hiring for this course

AIB

Amazon

Aviva

Bank of Ireland

Deloitte

EY

Willis Towers Watson pl(WTW)

Why Study MSc Finance (Banking and Risk Management) at University College Cork

What makes this program stand out

Moderate Application response time

University College Cork typically responds to applications within 1 - 2 weeks, giving you clarity on your options quickly.

Life at University College Cork in Ireland

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about MSc Finance (Banking and Risk Management) at University College Cork

Can I work while studying?

International students can work up to 20 hours per week during term time and 40 hours during breaks. No separate work permit is required for eligible full-time students.

What English language score do I need for this course?

To apply, you need to meet specific English language test requirements. Acceptable tests include Duolingo, TOEFL, IELTS, and PTE, each with its own score criteria.

What jobs can I get after studying this course?

Graduates can pursue careers such as Financial Analyst, Risk Manager, Investment Banker, Credit Analyst, and Portfolio Manager.

What will I actually study in this course?

This program covers advanced topics in investment, banking, and risk management. You will engage with subjects like Financial Economics and Quantitative Financial Techniques using software like Python and R.

When can I start — what are the intake months?

The MSc Finance (Banking and Risk Management) program has an intake in September. Ensure you apply before the deadline to secure your place.
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