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Banking and Finance (Including Year Abroad)

Course overview

(BSc) Bachelor of Science
Banking and Finance (Including Year Abroad)
University of Essex
University of Essex
Essex Business School
Colchester Campus
Honours Degree

A-levels: BBB
GCSE: Mathematics C/4

IB: 30 points, including Standard Level Mathematics grade 4, if not taken at Higher Level. We are also happy to consider a combination of separate IB Diploma Programmes at both Higher and Standard Level. Exact offer levels will vary depending on the range of subjects being taken at higher and standard level, and the course applied for. Please contact the Undergraduate Admissions Office for more information. Please note that Maths in the IB is not required if you have already achieved GCSE Maths at grade C/4 or above or 4 in IB Middle Years Maths.

Entry requirements for students studying BTEC qualifications are dependent on units studied. Advice can be provided on an individual basis. The standard required is generally at Distinction level.

English language requirements for applicants whose first language is not English: IELTS 6.0 overall. Different requirements apply for second year entry, and specified component grades are also required for applicants who require a Tier 4 visa to study in the UK.

Other English language qualifications may be acceptable so please contact us for further details. If we accept the English component of an international qualification then it will be included in the information given about the academic levels listed above. Please note that date restrictions may apply to some English language qualifications

If you are an international student requiring a Tier 4 visa to study in the UK please see our immigration webpages for the latest Home Office guidance on English language qualifications.

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

If you’re an international student, but do not meet the English language or academic requirements for direct admission to this degree, you could prepare and gain entry through a pathway course. Find out more about opportunities available to you at the University of Essex International College here.

External Examiners

Dr Athanasios Verousis
The University of Newcastle-upon-Tyne
Senior Lecturer in Accounting & Finance
Prof Christos Ioannidis
Aston University

External Examiners provide an independent overview of our courses, offering their expertise and help towards our continual improvement of course content, teaching, learning, and assessment. External Examiners are normally academics from other higher education institutions, but may be from the industry, business or the profession as appropriate for the course. They comment on how well courses align with national standards, and on how well the teaching, learning and assessment methods allow students to develop and demonstrate the relevant knowledge and skills needed to achieve their awards. External Examiners who are responsible for awards are key members of Boards of Examiners. These boards make decisions about student progression within their course and about whether students can receive their final award.


Core You must take this module You must pass this module. No failure can be permitted.
Core with Options You can choose which module to study
Compulsory You must take this module There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Compulsory with Options You can choose which module to study
Optional You can choose which module to study

Year 2 - 2020/21

Component Number Module Code Module Title Status Credits
01 BE311-5-SP Corporate Finance Compulsory 15
02 BE313-5-AU Portfolio Analysis Compulsory 15
03 BE610-5-AU Introduction to Banking Compulsory 15
04 BE314-5-SP Financial Modelling Compulsory 15
05 BE317-5-SP Financial Intermediaries, Instruments and Markets Compulsory 15
06 2nd year EBS (Colchester Campus) option(s) from list Optional 30
07 2nd year EBS (Colchester Campus) option or outside option Optional 15
08 BE910-5-SP Successful Futures Compulsory 0
09 BE917-5-FY Student Success Tutorial Compulsory 0

Year Abroad/Placement - 2021/22

Component Number Module Code Module Title Status Credits
01 AW600-6-FY Compulsory 60

Year 3 - 2022/23

Component Number Module Code Module Title Status Credits
01 BE632-6-SP International Banking Compulsory 15
02 BE332-6-AU Options and Futures Compulsory 15
03 BE631-6-SP Risk Management and Financial Institutions Compulsory 15
04 BE334-6-AU Financial Markets and Monetary Policy Compulsory 15
05 EBS (Colchester Campus) option(s) from list or outside option(s) Optional 45
06 BE937-6-FY Finance Research Project Compulsory 15

Exit awards

A module is given one of the following statuses: 'core' – meaning it must be taken and passed; 'compulsory' – meaning it must be taken; or 'optional' – meaning that students can choose the module from a designated list. The rules of assessment may allow for limited condonement of fails in 'compulsory' or 'optional' modules, but 'core' modules cannot be failed. The status of the module may be different in any exit awards which are available for the course. Exam Boards will consider students' eligibility for an exit award if they fail the main award or do not complete their studies.

Programme aims

The BSc in Banking and Finance is a three-year programme of study designed for students with particular interests in banking and finance.
Its main aims are:

1. To provide students with the academic training in the principles of banking and finance.

2. To provide students with the opportunity to analyse the role of financial and banking information and data.

3. To equip students with knowledge of fundamental research methodologies covering quantitative or qualitative approaches to empirical research in finance, with a focus on banking.

4. To develop students' critical and analytical skills and to encourage the acquisition of autonomous study skills in the learning process.

5. To produce students who will have a sufficient variety and depth of knowledge to start careers in the financial sector, most notably in the City of London (banking, stockbroking, derivatives, insurance, regulation and other areas of finance).

6. To provide students the knowledge and analytical skills to pursue postgraduate courses in finance at Essex and elsewhere.

Learning outcomes and learning, teaching and assessment methods

On successful completion of the programme a graduate should demonstrate knowledge and skills as follows:

A: Knowledge and understanding

A1 The contexts in which finance can be seen as operating including knowledge of the institutional framework necessary for understanding the role, operation and function of markets and institutions.
A2 The major theories of asset pricing and their relevance and application to theoretical and practical problems.
A3 The major theories associated with the management of risk, such as portfolio management, asset allocation and the application of financial derivatives to practical problems.
A4 The major theoretical tools necessary for advanced study in finance.
A5 An ability to interpret and analyse financial data using appropriate statistical packages.
A6 The relationship between financial theory and empirical testing and an ability to evaluate empirical evidence.
A7 The factors influencing the investment behaviour and opportunities of private individuals investing in bond, equity, and derivative markets.
A8 The basics of financial statements and appreciation of the limitations of financial reporting practices and procedures.
A9 Understanding of particular areas of banking in which the student has chosen to specialise.
A10 Demonstrate knowledge and understanding of fundamental issues in banking such as risk management and regulation.
Learning Methods: Lectures and tutor-led seminars.

Directed reading.

Individual and group tasks.
Assessment Methods: Unseen written examinations.

Assessed essays.

Class tests.

Pre-published class assignments.

B: Intellectual and cognitive skills

B1 A capacity for the critical evaluation of arguments and evidence.
B2 An ability to analyse and draw reasoned conclusions concerning structured and, to a more limited extent, unstructured problems from a given set of data which must be acquired by the student.
Learning Methods: Lectures and tutor-led seminars.

Directed reading.

Individual and group tasks.
Assessment Methods: Unseen written examinations.

Assessed essays.

Class tests.

Pre-published class assignments.

C: Practical skills

C1 Ability to locate, extract and analyse data from multiple sources, including the acknowledgement and referencing of sources.
C2 Communication skills, including the ability to present quantitative and qualitative information together with analysis, argument and commentary in a form appropriate to a different intended audiences.
Learning Methods: Lectures and tutor-led seminars.

Directed reading.

Individual and group tasks.
Assessment Methods: Unseen written examinations.

Assessed essays.

Class tests.

Pre-published class assignments.

D: Key skills

D1 Present ideas and arguments in a coherent and effective manner;
D2 Use appropriate Information Technology to locate, acquire and analyse data;
D3 Manipulate and analyse numerical (including financial) data and appreciate the nature and limitations of basic statistical concepts.
D4 Identify and analyse problems and apply appropriate knowledge and skills to develop effective solutions;
D5 Problem-solving and analytical skills
D6 Time management, task prioritisation and working to deadlines
Learning Methods: Lectures and tutor-led seminars.

Directed reading.

Individual and group tasks.
Assessment Methods: Unseen written examinations.

Assessed essays.

Class tests.

Pre-published class assignments.


The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

Should you have any questions about programme specifications, please contact Course Records, Quality and Academic Development; email: