
MSc in Banking Innovation and Risk Analytics
Edinburgh, United Kingdom
DURATION
1 up to 2 Semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
11 Jun 2025*
EARLIEST START DATE
15 Sep 2025
TUITION FEES
GBP 36,000 **
STUDY FORMAT
On-Campus
* this programme operates a series of selection deadlines; first deadline: 12 October 2022; final deadline: 7 June 2023
** international including EU| GBP 20,400 for home
Introduction
Our MSc in Banking Innovation and Risk Analytics will provide you with a strong foundation in analytical and programming skills applied to risk management and in general to the banking and financial sectors. It will also deliver advanced knowledge of a range of banking innovations and technologies.
Admissions
Curriculum
Semester 1
September–December
Compulsory courses
- Statistics for Analytics
- Programming for Risk Analytics
- Corporate Reporting Analysis
- Introduction to Risk Management in Banks
Semester 2
January–May
Compulsory courses
- Credit Risk Management
- Topics in Banking Innovation
Option courses - choose 2, 3 or 4
- Investment Management
- Data-Driven Business Insights
- Statistical Learning in Banking
- Financial Engineering
- Econometrics for Risk Analytics
- Economic Principles of Blockchain and Cryptocurrencies
Summer
May-August
Dissertation
Details of the Dissertation
Program Outcome
The educational aims of the programme are to give an understanding of the role of banks in an economy, of the structure of banking in different economies, and of risk models that relate to both individual loans and portfolios of loans.
This is designed to help each student develop technical skills to analyse the riskiness of making loans and to manage portfolios of loans and risky assets.
Knowledge and understanding
After successful completion of the programme, students will have:
- A knowledge of the economic roles and structure of banks in different economies
- Knowledge and understanding of the different types of risks that banks face and how to measure them
- Knowledge and understanding of company financial statements
- Knowledge and understanding of statistical and econometric concepts
- Knowledge and understanding of risk models
- Knowledge of the economic and financial environments in which banks operate
- Detailed knowledge and understanding of credit scoring
Graduate attributes
By the end of the programme, students will be able to:
- Identify, define and analyse problems, and select or create processes to solve them
- Exercise critical judgement throughout the learning experience
- Critically assess extant knowledge and recognise the need to regularly challenge all information
- Identify and apply new ideas, methods and ways of thinking
- Respond effectively to unfamiliar problems in new contexts
- Communicate effectively both orally and in writing
- Demonstrate skills with time management
Scholarships and Funding
Applicants to the MSc in Banking Innovation and Risk Analytics can apply for a range of scholarships both from the University and external organisations.
Programme and School scholarships
We are keen to recruit the very best talent from all over the world. To this end, several programme-based and School-funded Scholarships are available, as well as others which are generously sponsored by industry and alumni.
Other scholarships and funding
You may be eligible for scholarships from the University of Edinburgh or an external organisation.
Career Opportunities
Career Development
The MSc in Banking Innovation and Risk Analytics has the potential to transform your career. Our dedicated Student Development Team within the Business School will be an integral part of your student experience from day one. We are here to help you become equipped to maximise your potential in the global market.
Graduate Employment
This programme could lead to a multitude of roles, including:
- Audit/Compliance Analyst
- Banking Regulatory Consultant
- Credit Risk Analyst
- Financial Services Regulatory Advisor
- Governance and Risk Officer
- Portfolio Risk Manager
- Risk Manager (Modelling)
- Risk Management Consultant
- Securities/Credit Officer
Program Tuition Fee
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.