Introduction
A part-time, online programme delivered in partnership with the Bank of England.
Built with finance industry professionals in mind this specialised modular programme has been designed to introduce you to the latest evidence-led and practice-informed financial regulation and monetary policy.
Offering a choice of three intake dates and four qualification levels, this course would be valuable to those working in the Banking or the Finance sector, be that central, commercial or retail banking, regulatory, advisory, or investment banking.
Due to its modular nature, you may choose to study a single module contributing to your personal development and granting you a Postgraduate Award qualification upon successful completion or enrol on a higher award up to a Masters qualification.
Choose to start in either February, June or October each year.
Benefits
By studying this programme with Warwick Business School in partnership with the Bank of England you will benefit from:
Expertise - The modular structure of the programme allows you to study and focus on individual module topics and to return to build up to a higher award and further expertise at a later date
Flexibility - Taught entirely online, this programme offers you the flexibility to study at a time that suits you
Skills and tools to drive your organisation - Continuing to work while studying allows you the opportunity to make theory accessible and relevant, applying it to your day-to-day work and reflecting upon the practicalities of the real world
Evidence your knowledge - Completion of this programme provides evidence of your professional learning while providing new skills and insights through cutting-edge research and the latest thought-leadership in financial regulation
Global network - Benefit from being part of a global cohort, allowing you to develop your professional network and understand different cultures and work practices
Academic excellence with practical insight - Research-led teaching and Practitioner involvement in course design and delivery ensure that what you learn is relevant for the practicalities of the real world.
Careers support - Through a range of online resources you will have the opportunity to engage with a range of online services covering topics such as Career Management, Pay Negotiation and career consultations.
Benefits to your employer
Through your participation in the programme your employer may also benefit from the following:
Better 'on the job' performance - You will be more effective at work, generating new ideas to resolve business issues without having to take time away from your usual responsibilities
Relevance - This programme offers the opportunity to study a particular area of relevance to your role with the option to continue on to gain further expertise
Best practice - You will bring back to your organisation many proven tools, ideas and best practice, as well as be able to apply your new knowledge with a greater awareness of the wider business environment
Networking - Your expanded networking opportunities with like-minded individuals will not only be of benefit to you but to your employer as well.
Why WBS?
Warwick Business School (WBS) is a world-class business school at the heart of the University of Warwick, a world-class university. We are a global school that welcomes participants from all over the world, and we have harnessed our expertise, reputation and track record into this programme.
WBS has one of the world’s best online learning environments supporting our online programmes, while the Bank of England, formed in 1694, has the expertise and a world reputation for excellence, accrued over many years as the central bank behind one of the world’s foremost financial markets.
A global reputation
Our MSc Global Central Banking and Financial Regulation is delivered on the same bespoke online platform as our Distance Learning MBA, which the Financial Times ranked as 1st in the world in its Online MBA Ranking 2019. We are also proud to be part of an elite group of global business schools who have triple accreditation from AACSB, EQUIS and AMBA.
Excelling at teaching and research
Finance is a well-established subject area within Warwick Business School; at the forefront of academic research and practice.
Real-world impact
Warwick Business School is highly engaged with practice, allowing us to marry interdisciplinary global research with real-world knowledge. Through our partnership with the Bank of England, we are uniquely positioned to transpose the latest in research to real-world examples and situations.
Designed for industry professionals
This online programme is suitable for those who work currently in the banking or professional services industry and are looking to evidence their knowledge, gain insight or change focus into central banking or financial regulation.
Continuous Professional Development
The option to undertake a single module allows you to focus on one specific area of expertise, with completion granting you a Postgraduate Award from the University of Warwick. A single module may benefit you from consolidating and evidencing your knowledge in an area relevant to your role or by providing fresh insight and opening up new opportunities.
Careers support
As a member of the WBS community, you will benefit from coaching and career consultation, access to a global network and networking events and a range of online resources covering topics such as pay negotiation, interview simulation and CV building.
Course Details
This programme is suitable for those looking to evidence their knowledge, gain insight or develop their career in central banking or financial regulation and seeks to spread the best thought leadership in financial regulation to central bankers, financial regulators and all finance professionals in the global financial industry.
It is 100% online and delivered on the same bespoke platform, my.wbs, as our Distance Learning MBA which the Financial Times ranked as 1st in the world in its Online MBA Ranking 2020.
As well as access to rich multimedia learning resources and live online sessions with leading members of faculty via your PC, tablet or mobile, my.wbs also enables you to interact with your peers and academic tutors in a supportive and interactive online learning environment.
In addition to the programme material, you will also benefit from access to a range of optional online careers resources including an online Career Management module and resources covering topics such as Pay Negotiation and Interview Simulation. Please contact us for more information.
Programme structure
Built with the industry professional in mind and delivered by academics from WBS alongside policy experts from the Bank of England, the MSc Global Central Banking and Financial Regulation has been designed to introduce you to the latest evidence-led and practice-informed financial regulation and monetary policy.
This programme consists of six modules (from a choice of seven) of equal weighting and a Research Methods and Dissertation module.
Upon successful completion of a single 20 credit module, you will be awarded a Postgraduate Award. This option is suited to those looking to build and evidence personal development.
From this, you may wish to build up to a higher qualification level such as a Postgraduate Certificate (on completion of three 20 credit modules), a Postgraduate Diploma (on completion of six 20 credit modules) or a full MSc.
Modules
Whether you are studying for personal development or to gain a Masters' level qualification you will have a choice of seven available modules.
Comparative Central Banking
Money, Banks and Macroeconomics
Financial Regulation and Supervision
Monetary Policy and Monetary Analysis
Financial Markets and Financial Risk Management
Behavioural Finance and Big Data
Financial Conduct, Leadership and Ethics
Modules are delivered sequentially throughout the year with intakes in September, February and June. For module content please click on the relevant module in the Module Information section below.
Typically one module will span a 17 week period, culminating in an assessment. As a guide, you can expect to spend approximately 11 hours studying each week.
The MSc can be completed in two years but is more readily manageable in combination with a full working timetable over three years. There is flexibility in the order the modules are studied.
Research Methods and Dissertation
In order to achieve the MSc award, you will be required to successfully complete a Research Methods and Dissertation module. You will be assigned a WBS supervisor who will support you through your dissertation.
Entry Requirements
Academic record: Candidates must possess previous relevant work experience within the banking and financial regulation sector.
Candidates must have an upper second class honours degree at undergraduate level from a UK university or the equivalent from an overseas university.
Applications are also welcomed from candidates who do not have the academic qualifications but possess demonstrable experience of working in banking and financial regulation at a level sufficient with the requirements of the course.
Transcripts: You will need to provide transcripts of your degree. These should be translated into English and we need to see the original or a certified/attested hard copy. If you are unable to send the original/certified copies at the same time of submitting your application then scanned and emailed copies can be accepted temporarily. When sending originals or certified/attested copies we recommend using a tracking service.
English Language: All of our programmes are delivered in English so if English is not your first language, you have not graduated from an English speaking university or worked in an English speaking environment for at least two years you must demonstrate a minimum overall standard in the following recognised tests of English. The certificate will be required as evidence.
IELTS (Academic): 7.0 - all four language components have to be scored 6.0+, with a maximum of two components at the lowest level of 6.0 or 6.5
PTE: 70 - with 51+ in every section
CAE: Grade B – overall score 190 with 2 x 170 and 2 x 190
CPE: Grade B – overall score 190 with 2 x 170 and 2 x 190
TOEFL: 100 – minimum component scores: Listening 21, Reading 22, Writing 21, Speaking 23
Duolingo: In order to verify the Duolingo results online, applicants need to nominate the University of Warwick as an institution who can receive their results. The following Duolingo scores are required for each band:
Band B - Pass overall with a minimum score of 125
References: We require one professional reference from your line manager. Your referee should be able to comment on your banking acumen. We do not accept references from family members or friends.
Your file will be reviewed by the Selection Committee and once they have made a decision we will contact you. If you have been successful you will receive an offer letter and be required to complete the offer response form confirming your decision within 4 weeks.
Experience: The course is primarily aimed at those currently working in the banking and financial regulation industries or the related professional services and your application will therefore be strengthened based on the length and level of previous relevant work experience.
We are, however, happy to consider applications from candidates with a less traditional background who demonstrate the drive and academic capability to succeed on the programme.
Technical requirements: The MSc in Global Banking and Financial Regulation is delivered 100% online and incorporates online text, multimedia, discussion forums and live webinar sessions. You will therefore require a stable and relatively high-speed internet connection, an up-to-date web browser, the ability to listen to sound (a headset or speakers), and a microphone for taking part in live online webinars and group work. You can access the content of the programme on many devices, include desktop, laptop, tablet and mobile.
If you intend to access the programme from a workplace you should ensure that you will not have access restricted by organisational firewalls or policies.
Note: Some countries block access to certain sites (for example, YouTube) and live streaming services (for example, Skype). This could impact your ability to participate in the programme. Please contact us if you have concerns related to this.
