Master’s Programme in Banking and Finance
The Master's in Banking and Finance offers advanced training in theoretical and empirical financial economics. The programme is designed to attract business administration and economics students who wish to pursue a professional or academic career in banking and finance.
The Master's in Banking and Finance provides advanced training in the theory and practice of financial economics. It is intended for business administration and economics students who wish to pursue a professional or academic career in banking and finance.
The programme provides the knowledge and skills required for an international career in banking and finance. It combines solid theoretical foundations with practical applications and is taught in an international environment of students and faculty.
As a student on this programme, you will build a strong grounding in financial theory, including portfolio theory, corporate finance, and derivatives, while also gaining practical skills in econometrics and financial modelling.
The programme has particular strengths in sustainable finance and financial market structure. The former examines the impact of investment decisions not only on investors, but also on other stakeholders and the environment. The latter explores how regulation, technology, and trading rules shape the functioning of financial markets.
Teaching is delivered by dedicated lecturers working at the research frontier of financial economics, with additional insights provided through guest lectures by seasoned practitioners from financial markets and banks.
This Master's programme is offered jointly by the Stockholm Business School and the Department of Economics at Stockholm University.
The Master's in Banking and Finance consists of 4 semesters (2 years) full time study.
Year 1
Semester 1
In the first half of the first semester, students with a background in business take two courses in Economics at intermediary level, while and students with a background in economics take courses in Business at intermediary level. The second part of the first semester the programme offers courses in Financial Institutions Management and Econometrics.
Background in Business Administration
Intermediate Microeconomics, 7,5 (EC2111)
Intermediate Macroeconomics, 7,5 (EC2211)
Background in Economics
Financial Reporting, 7,5 (FE3431)
Corporate Finance, 7,5 (FE3136)
Mutual courses in the second half of Semester 1
Financial Institutions Management, 7,5 (FE5122)
Econometrics for Finance, 7,5 (FE4142)
Semester 2
The second semester develops the disciplinary core and consists of four courses providing training in financial instruments and technical quantitative skills: Financial Derivatives and Risk Management, Fixed Income Securities, Portfolio Theory and Econometrics.
Fixed Income Securities, 7,5 (FE4126)
Portfolio Theory, 7,5 (FE4128)
Financial Derivatives and Risk Management, 7,5 (FE4127)
Time Series Econometrics for Finance, 7,5 (FE4143)
Year 2
Semester 3
The third semester consists of four core courses.
Note: To enter the fourth semester and the degree project the student should have completed a minimum of 75 ECTS within the programme.
Sustainable Finance (FE5135),7,5 ECTS
Financial Market Structure (FE5134), 7,5 ECTS
Advanced Financial Theory (FE5125), 7,5 ECTS
Advanced Financial Empirical Research (FE5127), 7,5 ECTS
Semester 4
The fourth semester consists of writing a Master’s thesis on a programme relevant topic. The dissertation enables you to further advance skills and knowledge you have developed during the taught courses by applying relevant theories and methods to an empirical problem. The thesis is expected to give a substantial contribution to research. The Master's thesis is written in pairs of two students.
Independent project
Selection process
Stockholm Business School intends only to admit applicants with GMAT or GRE result. Seats are allocated through a successive selection (seats are allocated to one selection group at a time). Firstly, seats are allocated to applicants with a GMAT (GRE) result. Lowest GMAT (and converted GRE) score required for Banking & Finance, is 475. Secondarily, if there are seats left, seats are allocated to applicants based on the number of higher education credits (ECTS).
Please upload a copy (print screen) of your score report on your account at universityadmission.se, by February 1st at latest. You must also make sure your test center submits your verified test result directly to Stockholm Business School.
You still must meet the prerequisites for the program even if you have a GMAT or GRE result. Higher Education Credits reported up until 15th of January will be accounted for in the second selection group and the maximum merit value to achieve, is 270 ECTS.
The Master's in Banking and Finance programme provides a solid background for students pursuing a professional career in the financial industry as financial analysts, chief financial officers and portfolio managers. Prospective employers are commercial banks, central banks, investment banking firms and other international financial institutions. The programme also provides a solid background for students pursuing a career in academic research and teaching in the area of financial economics.
For more information about this programme,
please contact our Academic Advisors
