Master's Programme in Banking and Finance, 120 credits

The Master’s in Banking and Finance educates students in advanced theoretical and empirical financial analysis. The programme is designed to attract students from business administration and economics backgrounds that are interested in specialized finance training. The programme is jointly taught by Stockholm Business School and the Department of Economics.

Banks are central to the financial architecture of all societies. The changing global financial landscape offers opportunities for innovative thinking to respond to unique demands for financial services by businesses and society at large. This programme is designed to assist students develop global skills and proficiencies to work anywhere in the banking and finance world through a distinctive blend of robust course content and an international student and faculty body.

If you are motivated and driven to be part of the decision making process in a global financial structure, the Master's programme in Banking and Finance will match your ambition with its scope of content, context, and relevance. The programme emphasizes both theoretical as well as practical applications of finance in a global context.

As a graduate from our Master's in Banking and Finance programme, you will have gained a high level of theoretical as well as practical financial knowledge through courses offered in Financial theory such as portfolio theory, corporate finance and financial derivatives, econometric and financial modelling, as well as financial institutions in a global context. Students are taught by committed full-time and part-time faculty members, all of whom are engaged in innovative international financial research. While the programme provides students with a strong foundation in finance, the curriculum was designed to foster critical thinking, deep learning and ethical business behaviour.

 

Programme overview

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 (EC2101)
Intermediate Macroeconomics, 7,5 (EC2201)

Background in Economics

Financial Reporting, 7,5 (FE3431)
Corporate Finance, 7,5 (FE3129)

Mutual courses in the second half of Semester 1

Financial Institutions Management, 7,5 (FE5122)
Econometrics, 7,5 (EC7420)

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.

Note: To continue into year 2, students must have accomplished a minimum of 52.5 ECTS during year 1.

Fixed Income Securities, 7,5 (FE4126)
Portfolio Theory, 7,5 (FE4128)
Financial Derivatives and Risk Management, 7,5 (FE4127)
Econometrics 3B: Time Series Data, 7,5 (FC7413)

 

Year 2

Semester 3

The third semester consists of three core courses and one elective.
Note: To enter the fourth semester and the degree project the student should have completed a minimum of 75 ECTS within the programme.

Elective course, 7,5 (TBA)
Financial Market Structure, 7,5 (FE5133)
Advanced Financial Theory, 7,5 (FE5125)
Advanced Financial Empirical Research, 7,5 (FE4126)

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.

 

Degree project

Master's Dissertation in Financial economics, 30 (FE5963)

How to apply

Read more about our application process and how to apply.

Career opportunities

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.

Contact

For more information about this programme, please contact our Academic Advisors.

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