M.Sc. On Campus

Banking and Risk

The University of Edinburgh

12 months
28400 GBP/year
18200 GBP/year
Tuition fee
Apply date
Start date


The aim of the MSc in Banking and Risk at The University of Edinburgh is to give students the knowledge, understanding and key skills that will enable them to be effective Managers in financial institutions, especially banks, in any country in the world.  


Recent events demonstrate that the successful management of banks is of crucial importance to western economies. Banking is an industry rather than an academic discipline, and the study of the management of banks is multidisciplinary.

The approach of this programme is to consider the structural, financial and risk and asset management functions of banks.

Why Edinburgh

While there are many masters degrees involving banking offered in the UK, the vast majority provide descriptive material about what banks actually do.

The Edinburgh MSc differs from the majority in that it has a major emphasis on what decisions managers in banks should make and how to make them.

The course has been designed by asking the question ‘what skills do managers in risk functions need to have to be technically excellent at their job’. This unique approach has shaped the content of modules and the structure of the programme.

The MSc in Banking and Risk at The University of Edinburgh utilises knowledge and skills gained through the research carried out by members of the Credit Research Centre (CRC) in the Business School. This is a leading international research centre that specialises in research into credit risk modelling.

A strong academic base, passionate faculty and welcoming city will ensure a rewarding student experience in our city-centre campus. The school has widespread industry links and students will have exposure to a range of guest speakers.

Learning outcomes

You will gain knowledge and/or understanding of:

  • the economic roles and structure of banks in different economies
  • the different types of risks that banks face and how to measure them
  • company financial statements
  • statistical and econometric concepts
  • risk models
  • the economic and financial environments in which banks operate
  • credit scoring

Programme Structure

Learning will primarily be through:

  • lectures
  • set reading
  • class discussions
  • exercises
  • group-work assignments
  • problem-solving in tutorials
  • case studies

Assessment methods include examinations, assignments, presentations or continuous assessment.

Key information


  • Full-time
    • 12 months

Start dates & application deadlines

More details

There are 5 application rounds.


180 alternative credits


On Campus

Academic requirements

GPA admission requirements GPA
Upper Second Class

Other requirements

General requirements

You will need a UK first-class or 2:1 honours degree from a good university in one of the subjects below, or an equivalent overseas qualification.

  • An undergraduate degree in a quantitative subject, finance, economics, business or management is normally required. Acceptable quantitative subjects include mathematics, statistics, operational research, informatics, computer science, physics, and engineering.
  • Candidates with a very good Honours degree in other areas of study or relevant business experience will be considered on an individual basis.

Tuition Fee

To alway see correct tuition fees
  • International

    28400 GBP/year
    Tuition Fee
    Based on the tuition of 28400 GBP for the full programme during 12 months.
  • National

    18200 GBP/year
    Tuition Fee
    Based on the tuition of 18200 GBP for the full programme during 12 months.

Living costs for Edinburgh

725 - 1167 GBP /month
Living costs

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


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.

Our partners

Banking and Risk
The University of Edinburgh


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