Utrecht University

Banking and Finance, M.Sc.

  • Application Deadline
  • 12 months
    Duration
  • Tuition Fee
    15575 EUR/year
    Tuition fee
    2060 EUR/year
    Tuition fee
  • English
    Language
Utrecht's UniversityMaster in Banking and Finance will focus on international financial markets, the function and behaviour of banks and bankers, the regulatory institutions that govern banks and other financial institutions worldwide, the effectiveness of regulation and the banks strategic allocation, funding and investment decisions, and the sustainability of financial solutions and concepts.

About

The Master of Science in Banking and Finance is offered by the Utrecht University.

Financial markets play a key role in the current and future stability of firms, government bodies, states – and of course of the individual and society as a whole. If you want to make a positive impact on the future of international finance, the Master’s in Banking and Finance at Utrecht University School of Economics (U.S.E.) is the programme for you. Based on Utrecht University’s research expertise, this multidisciplinary finance Master’s will show you the interplay of three fundamental factors : financial markets must be supervised effectively to function well; financial institutions – specifically banks – play a major part in the efficient functioning of these markets; and sustainability of financial solutions is an important aspect and requirement for a new generation of bankers and regulators. The Sustainable Finance Lab in Utrecht is at the heart of a national and international debate in Finance and is well integrated into this master specialization.

In the Master in Banking and Finance you will focus on international financial markets, the function and behaviour of banks and bankers, the regulatory institutions that govern banks and other financial institutions worldwide, the effectiveness of regulation and the banks’ strategic allocation, funding and investment decisions, and the sustainability of financial solutions and concepts.

Career Perspectives

The Utrecht University MSc in Banking and Finance is an excellent foundation for many positions within international firms. The programme trains you to become an effective economist with a sound understanding of the interplay between financial institutions and international capital markets. You will understand clearly the practical impact of the financial industry on the people of the world, using a management perspective that takes a broader societal view into account. As a graduate, you will be well-prepared for a range of different careers in financial institutions or the financial service industry like (international) banks, investment funds, insurance firms, pension funds or financial market regulators.

Programme Objective

This MSc in Banking and Finance provides you with the knowledge, understanding, and skills necessary for a career in a variety of financial institutions and with a focus on banks, investment funds and regulation. You will gain specialised knowledge, for example in sustainable finance, which is highly relevant for a new generation of bankers and regulators. This Master’s programme includes all important aspects of modern banking and finance. On this basis you have the opportunity to specialize in fields like international financial markets, investment banking, and sustainable finance.

Much of what you will be confronted with is practice related, in the form of real-world cases or engagement with professionals from financial institutions and regulatory agencies. You will also be able to actively participate in major research projects, conduct your own research, present your results, and write short essays and a major thesis. You will have the opportunity to be part of high-profile debates in the Sustainable Finance Lab on the role of finance and how to make it more sustainable.

By the end of this programme in Utrecht you will be able to:

  • understand how financial assets are priced;
  • manage investments in financial assets;
  • understand how (international) financial markets function and how they are regulated;
  • understand financial risk and how it is managed in financial insitutions;
  • understand the role of banks and how they function;
  • understand the challenges and possible solutions to make finance more sustainable;
  • put academic knowledge and skills into practice;
  • conduct independent research which contributes to the field of economics and business;
  • solve problems independently and in a team, while taking social factors into consideration;
  • demonstrate mastery of subject-specific English terminology;
  • manage your own personal and professional development.

Accreditation

Accredited by the NVAO - Accreditation Organisation of the Netherlands and Flanders.

Programme Structure

Courses included:

  • Empirical Economics
  • Asset Pricing
  • Money, Financial Markets And Institutions
  • Financial Statement Analysis
  • Risk Management In Financial Institutions
  • Research Project
  • Financial Regulation
  • Multinational Firms
  • Entrepreneurial Finance
  • Asset Pricing
  • Tax Policy
  • Macroeconomic Policy
  • Public Policy and Competition
  • Management Control Systems
For more information please visit the programme website.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Credits
    60 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus
  • More information Go to the programme website

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

  • Minimum required score (Grade B):

    193

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score:

    96

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

  • A BSc of a research universityin Economics or Economics and Business Economics, with substantial quantitative background,preferably with some degree of specialisation in Banking and Finance.The International Office assesses all international credentials according to the credential evaluation criteria of the Nuffic (the Netherlands Organisation for international cooperation in Higher Education), and advises the Admissions Committee on this subject;
  • You are able to express yourself in proficient English, both orally and in written text, as evidenced by your motivation letter and/or writing sample, and the interview that is part of the selection procedure.
  • Further accepted proof of your proficiency in English: CPE- Grade C

Tuition Fee

  • International

    15575 EUR/year
    Tuition Fee
    Based on the original amount of 15575 EUR for the full programme and a duration of 12 months.
  • EU/EEA

    2060 EUR/year
    Tuition Fee
    Based on the original amount of 2060 EUR for the full programme and a duration of 12 months.

For more information about tuition fees and exemptions have a look at the programme website.

Living costs for Utrecht

900 - 1,450 EUR/month
Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Scholarships, fellowships, and grants offered by Utrecht University, the Dutch government, and other organisations can help fund your studies at the university. You can begin your search for funding by reviewing the list below, which contains some of the scholarships and loans available to international students:

  • Utrecht Excellence Scholarships
  • Holland Scholarships
  • Orange Tulip Scholarships
  • Canadian student loans
  • Fulbright / NAF
  • US Federal Loans
  • Erasmus+ Master loans

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.