Program Overview

Program Overview

The Money, Banking, and Finance MSc program at the University of Sheffield is designed to provide students with a comprehensive understanding of monetary policy, the banking industry, and finance. This program is ideal for individuals seeking to excel in the banking and finance sectors.

Course Description

The program places an emphasis on applied macroeconomics, econometric methods, modern theories of banking and finance, and monetary economics. Students will have access to a range of optional modules, allowing them to specialize in their area of interest. The program culminates in an extended research project, where students will apply key analytical and technical skills under the guidance of experienced academics.

Modules

The program consists of the following modules:

• Core modules:
  • Macroeconomic Analysis
  • Econometric Methods
  • Theory of Banking
  • Monetary Economics
• Optional modules (choose two):
  • Asset Pricing and Portfolio Theory
  • Behavioural Finance
  • Corporate Finance
  • Microeconomic Analysis
• Additional optional modules (choose one):
  • Derivatives, Options, and Securities
  • Applied Econometrics: Cross-sectional and Panel Data Approaches
  • Applied Econometrics: Time Series Approaches
  • International Money and Finance
  • Industrial Organisation
• MSc Dissertation (60 credits)

Duration and Attendance

The program is full-time and lasts for one year.

Career Prospects

Graduates of this program are highly sought after by companies around the world, including the Bank of England, PwC, IBM, Deloitte, and Bloomberg. Over 90% of graduates are in employment or further study within 15 months of graduation.

School

The program is offered by the School of Economics, which has a global reputation for expertise in practical and real-world economics. The school's academics are involved in shaping policy and advising government departments, ensuring that the program's content is informed by the latest research and developments.

Student Profiles

Students have praised the program for providing a beautiful experience of studying in the Department of Economics.

Entry Requirements

• Minimum 2:1 undergraduate honours degree in economics or a related field
• Module requirements:
  • Macroeconomics
  • Microeconomics
  • Mathematics
  • Statistics or Econometrics
• English language requirements: IELTS 6.5 (with 6 in each component) or University equivalent

Fees and Funding

• Home (2026 annual fee): £12,680
• Overseas (2026 annual fee): £32,905
• Scholarships: £3,000 tuition fee discount for overseas fee-paying students, and up to £2,500 discount for Sheffield graduates

Research Areas

The program's research areas include labour economics, micro-econometrics, and wellbeing, with academics such as Dr Mark Bryan contributing to the field. Dr Bryan is an expert in labour economics and has advised the UK government on issues such as the minimum wage and the impact of the recession.