|Location||United Kingdom, London, Campus Marylebone|
|Type||Master courses, full-time|
|Nominal duration||1 year|
|Tuition fee||£14,500.00 per year|
Undergraduate diploma (or higher)
Directly relevant degree disciplines include business studies, economics, geography, management, and operations research
IELTS 6.5 with a minimum score of 6 in each element or TOEFL or CAE equivalent
At least 2 reference(s) must be provided.
The Finance and Financial Law MSc is designed to integrate learning in financial theory, markets and institutions, combined with legal study in complementary and specialist areas of financial law. You will gain a deeper understanding of the legal issues and an ability to apply knowledge and skills in professional capacities in a variety of roles in the global financial services industry.
This course is delivered by an experienced inter-faculty teaching team drawn from the Westminster Business School and the Westminster Law School.
The course has an international dimension – you will study in the heart of the capital at our Marylebone campus minutes away from the major global financial and legal centres of the world.
Study will cover a range of contemporary topics, namely: financial markets and institutions, financial products, regulation and compliance, financial and legal risk management and financial crime.
In addition, the focus on policy matters related to financial regulation will equip you with the skills required to conduct deeper analyses and to undertake research in this multi-disciplinary area of study.
To enable students to build the common key core skills and knowledge base, all students are expected to undergo the Westminster Business School’s pre-course induction process, covering the fundamentals of finance and commercial law.
Financial Markets and Institutions
This module offers detailed coverage and analysis of global financial markets and institutions. Theory delivered in class is underpinned by real-life examples. Students will gain hands-on training and exposure to the Bloomberg system in our Financial Markets Suite.
Financial Services Regulation, Risk and Law
In this module you will learn about the contemporary legal issues that pervade the financial services markets in the UK, EU and Internationally. Topics include the creation and sale of financial products, regulatory supervision of financial services, regulatory compliance and consumer and investor protection. We explore the practical impact of policy and regulation using real and fictional case studies.
This module evaluates the role and function of domestic and global banks and their structure and operations. This is accompanied by a thorough examination of the financial risks that banks are exposed to, and the various ways to manage them.
Investment Banking Legal Practice
The purpose of this module is to help students familiarise themselves with the main elements of capital markets law and the relevant regulatory provisions governing capital markets activities (e.g. business valuation, stock exchange listing and public offers, brokerage, mergers and acquisitions). It also gives an insight into the practical aspects of their application in a financial services commercial context. The learning process relies heavily on the use of case studies and practical examples of recent transactions.
An 8–10,000-word dissertation in the area of financial law, regulation or compliance.
Regulatory Risk Management
This module focuses on the management of regulatory risk and covers the detection, investigation and prosecution of financial crime in a business, financial services and commercial context given the global financial crisis. We also explore cybercrime and how the risks it poses to the financial services industry are evaluated and managed and the development of solutions (security) that seek to detect, mitigate and prevent cyber-attacks as well as their prosecution. Topics include the nature and extent of information security, cybercrime and financial crime in the financial services industry, the legislative environment, fraud and anti-money laundering.
Research Methods in Finance and Law
This module aims to develop your knowledge and competence of the research process, and the application of research methods in the area of finance and financial law.
Participants graduating from this programme will be able to apply skills in a broad range of challenging and rewarding careers in the financial services industry, government departments, commercial law firms, regulatory bodies and related specialist practices or businesses.
We provide our students with work placements and international opportunities to support them in becoming highly employable, globally engaged graduates, and with one million businesses operating within 20 miles of the University of Westminster, over 84% of our students are in work or further study six months after graduation. Our graduates work in a variety of sectors and organisations, from small/medium-sized companies and start-ups to large not-for-profit organisations and corporates.