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Who is this programme for?

The MSc in Banking was introduced specifically to support the development of individuals in leadership positions, or who aspire to leadership roles.

It exposes students to contemporary issues in ethics and corporate governance relevant to financial institutions within the context of understanding the importance of effective risk management. Students then progress to develop expertise in corporate finance, asset management and strategy. The remaining curriculum develops a deeper understanding of risk instruments and management, negotiation skills, and introduces the important topic of decision-making and its applicability to financial services.

The overall aim of the programme is to develop banking professionals who have a wide frame of reference with the ability to critically evaluate their business environment to provide leadership to support a sustainable banking model for the benefit of customers, shareholders and society

How you will benefit

This programme will support your personal and professional development whilst giving you a deep integrated, understanding of banking.

It will:

•Broaden your knowledge and understanding of the requirements for responsible banking, and the management of banks in the interests of a wide range of stakeholders.

•Enhance your business judgement, critical analysis and problem solving skills.

•Develop your thinking on key business challenges and ethical dilemmas faced by management when striving to improve business performance.

•Provide you with the opportunity to develop comprehensive knowledge and expertise across a broad curriculum relevant to financial institutions.

•Develop a holistic professional skill set to ensure commercial sustainability and the maintenance of the trust of customers and wider stakeholders.

Entry requirements

The minimum entry requirements are;

Honours degree (second class honours grade 2 award or higher) in business or a related discipline (e.g.) accounting, finance or economics and at least three years' relevant work experience in banking or financial services.


Those who do not hold a degree, but have exceptional middle or senior management experience are eligible to apply and will be considered on a case-by-case basis.

Professional Body Membership

You must be a current member of The Institute of Banking, or become a member, to register for this programme. Membership is currently €40 per calendar year.

Continuous Professional Development

Those awarded the Chartered Banker designation on foot of having satisfied both the educational and work experience requirements will be required to complete 6 CPD hours annually to maintain the designation. We provide all of the required CPD content with a combination of online courses and face-to-face events.


24 months (part-time).


Postgraduate courses are lecture-based and delivered on a part-time basis. Students can register for a maximum of two modules per trimester. Each 10 ECTS module comprises of up to 30 delivery hours per trimester.

Further enquiries

Sarah Pyne- Programme Manager

Subjects taught

Modules and learning outcomes

01 Ethics and Corporate Governance (NFQ level 9, 10 ECTS)

This module looks at the corporate governance best practice principles and their application in both a financial services and a general organisational setting. It also aims to provide students with a deeper understanding and appreciation of the ethical dimension of corporate governance and, in doing so, stresses the importance of corporate culture to the longevity of organisations. In considering the behaviours and decision-making processes of individuals, groups, and specifically those charged with governing organisations, the module offers approaches for dealing with common ethical dilemmas and ethical crises.

02 Risk Management in Financial Institutions (NFQ level 9, 10 ECTS)

This module presents risk management best practice principles and their application in financial services. It is both quantitative and qualitative in nature reflecting the breadth of the topic. The module introduces a number of topics and methodologies and will also require input from your professional experience to develop a practical understanding of risk management in operation. The module addresses the different types of risk including market, interest rate, credit, conduct and operational risk.

03 Corporate Finance (NFQ level 9, 10 ECTS)

This module addresses the essential aspects of corporate finance, including agency theory, project investment appraisal, the financing and maturity mix, working capital management policy, mergers and acquisitions, and dividend policy. It will give you the knowledge and skills essential in corporate banking and develop your professional judgement in considering financing proposals from corporate customers.

04 Asset Management (NFQ level 9, 10 ECTS)

An understanding of robust financial planning and wealth management is an important pre-requisite for meeting customers' financial and lifestyle objectives. This module covers core concepts in modern portfolio theory and marries them with the practical application of tools and techniques to construct and manage client portfolios. It assimilates a range of theoretical and empirical evidence to provide the best solutions when advising customers on investment and wealth management.

05 Strategy and innovation for retail financial services (NFQ level 9, 10 ECTS)

Globally, advances in information technology have disrupted banks' traditional business models and forced a re-evaluation of strategy. This new digital era has fundamentally changed the role of branch networks with the emergence of omni-channel distribution via the internet and mobile devices. This module considers the strategic choices available to management and investigates the new and emerging business models. It explores advances in data analytics to understand consumer behaviours and the development of a compelling customer experience in the digital world. Understanding the impact of innovation is a critical factor in creating a strategic framework for new solutions and opportunities to support competitive advantage.

06 Tax and estate planning (NFQ level 9, 10 ECTS)


This module introduces the fundamentals of the Irish taxation system and international aspects of taxation relevant to financial planning and wealth management. It covers the key taxation provisions and reliefs of the Irish tax legislation applicable to succession and estate planning which are relevant to the financial planner.

07 Behavioural decision-making (NFQ level 9, 10 ECTS)

In this module you will be introduced to the interface of economics and human behaviour in financial decision-making. The applicability of behavioural finance ranges from providing alternative insights into understanding stock market crises to retail financial services. You will explore the limits of traditional economic analysis of decision-making under uncertainty, and develop your understanding of the behavioural critique and its applicability across a range of financial settings

08 Managing for compliance (NFQ level 9, 10 ECTS)


Compliance is a core function in financial services firms and is recognised by regulators as an essential part of the control infrastructure. Indeed the role of compliance and indeed the compliance manager/officer as a trusted adviser to the business has become a key differentiator for many firms. This module examines the development of compliance as an assurance function and evaluates its strategic role in an organisation in aligning with the business and delivering value. It also focuses on specific issues relevant to managing a compliance function to ensure it fulfils its assurance role within an organisation.

09 Risk-based financial management (NFQ level 9, 10 ECTS)

This module introduces risk-management policy and develops a critical appreciation of hedging, speculation and arbitrage as a lens with which to understand different approaches to managing, and taking on, risk. It develops the fundamental principles of derivative instruments, their pricing and how they can be applied to execute a hedging strategy, and develops an understanding of the flexible nature of derivative instruments for constructing trading strategies. Contemporary issues and trends in the professional and academic literature are also dealt with to bridge theory and practice.

Winning business negotiation strategies (NFQ level 9, 10 ECTS)

This module equips you with both the practical skills and the theoretical understanding required to be a better negotiator. Negotiation practice, in the form of role-play, is central to this module. You will learn how to improve your negotiation skills to achieve better outcomes for you and your professional practice.



The MSc in Banking is awarded on successful completion of all nine modules. This MSc is accredited and awarded by UCD (at postgraduate level 9).

Assessment method

Assessment is a combination of continuous assessment and written exams. The pass mark is 40% in all modules in line with UCD academic policy.

Course fee

The fees are c4,600 for the first academic year (c10,900 for the programme in total). We encourage candidates to register for the full academic year, but if you choose to register on a per module basis, fees are broken down as follows;

•Ethics and Corporate Governance €1,100
•Risk Management in Financial Institutions €1,100
•Corporate Finance €1,300
•Asset Management €1,100
•Strategy and Innovation for Retail Financial Services €1,300
•Tax and Estate Planning €1,100
•Contemporary Issues in Financial Services €1,100
•Managing for Compliance (Optional) €1,100
•Risk-Based Financial Management €1,300
•Winning Business Negotiation Strategies €1,300

Fees will be reviewed annually.

Tax relief may be available to candidates who are paying fees in a personal capacity. Further information is available from The associated annual CPD fee for the Chartered Banker designation is €255.

Enrolment and start dates

Please contact the course provider for the next enrolment and start date.

Remember to mention gradireland when contacting institutions!