Why are banking and finance so important for our economy? How do banks work? How do their activities affect business cycle fluctuations or even economic crises? And how can economic policy, particularly monetary policy, steer the banking sector and the overall economy towards desirable outcomes? Our MSc Money and Banking provides fascinating insights into these questions. The course is structured around two key modules: Banking and Monetary Economics. Banking introduces you to the basic principles of financial intermediation and money creation, looking at both commercial and investment banks. It will offer a conceptual perspective at the services provided by these institutions and the way they interact with the wider economy. Monetary Economics focuses on theoretical and empirical questions regarding the monetary transmission mechanism, the implementation of monetary policy and its interaction with financial markets.

With the skills and knowledge you acquire from studying within our Department of Economics, you will be in demand from a wide range of employers. We have excellent links with the research community, both in the UK and worldwide, and strong ties with the business/consultancy world, especially in London and other major financial centres. Examples of the jobs you may do after graduating are: statistician; economist in a bank or other financial organisation; official in a regulatory agency; business or financial analyst; economic analyst or advisor; financial, management or economic consultant; managerial position; and government official.