This course is also offered at the Bangor Business School in Bangor. Banking and financial services represents a highly competitive and rapidly changing sector in every modern economy. Changes in customer requirements, technology, competitive conditions and regulation create the need for managers, traders and analysts to make rapid and often far-reaching decisions about their short term operations and long term strategies. The MSc International Banking and Development Finance offers you a unique opportunity to study advanced theory and practice relating to financial services, and to develop an appreciation of the causes and significance of current developments in this vitally important and dynamic sector of the economy. Issues you will study as part of your MSc International Banking and Development Finance degree programme include: * Why do financial markets fail? * How does bank regulation take account of the risks facing international banks across different countries? * What are the likely policy responses of multilateral financial institutions? * What is the role of the foreign bank in promoting banking system efficiency in developing countries? * Are there any adverse outcomes associated with liberalisation and, if so, how would the institutional environment affect this? * How do you explain the expansion of international banking markets and where are the efficiency gains? * Why are the banking systems in different countries so diverse? * What determines the structure, performance and efficiency of banking and financial markets? * How volatile are international capital flows and how is monetary policy employed during episodes of financial distress? * Why do banks conduct investment and private banking, what risks do they face, and what are the main strategic and performance features facing the global private and investment banking industry? * How do we measure the risks undertaken by banks? * Can regulators reduce the likelihood of systemic risk? * What are the relationships between risk and return governing investment in company shares and other derivative instruments? * Can market risk be priced accurately? Can credit risk be priced accurately? * How should institutional investors go about constructing a portfolio of assets to maximise returns on behalf of investors? * How do banks use futures, options, derivatives and swaps to manage their balance sheet and off-balance sheet risks? * What are the key principles of international portfolio management in a world of fast and unpredictable movements in exchange rates? With these needs in mind, the MSc International Banking and Development Finance programme at Bangor is designed to develop participants' existing skills through a scheme of specialist advanced study. An important objective is to provide participants with relevant analytical training, so that they are familiar with the latest theoretical and practical developments relating to international banking, development finance and international capital markets. This programme provides a coherent theoretical framework for the various subject areas, but the emphasis throughout is on advanced practical application of banking and financial techniques in a real-world setting.

The MSc International Banking and Development Finance programme at Bangor is designed to develop participants' existing skills through a scheme of specialist advanced study. An important objective is to provide participants with relevant analytical training, so that they are familiar with the latest theoretical and practical developments relating to international banking, development finance and international capital markets. This programme provides a coherent theoretical framework for the various subject areas, but the emphasis throughout is on advanced practical application of banking and financial techniques in a real-world setting.