Who is it for?
Our finance courses are for students who want to progress with the knowledge and skills required for a successful career in the increasingly competitive world of global finance and banking.
Your goal is a career in the global banking industry, with no limitations on the country where you end up working. As a vocational course, BSc Banking and International Finance is tailor-made for your ambition to go straight into a job in banking after you graduate. Thinking about a postgraduate qualification? Its academic rigour will prepare you equally well for further study.
Our three degrees in finance (Finance, Banking and International Finance, and Investment and Financial Risk Management) provide detailed knowledge of how financial markets work, how companies make investment, financing and acquisition decisions and how modern banks operate. Whether your interest is domestic or international, this well balanced course has been designed to propel you to the top of the industry.
We offer a wide variety of specialisations: central banking, managerial finance, commercial and retail banking, financial analysis, operations, or strategy.
You can also choose how you complement your core modules, choosing from a wide variety of optional modules including quantitative techniques and financial management, all of which will allow you to gain a good understanding of financial markets, its activities, and its products.
The jobs in this field are both exciting and well paid. They demand intellectual rigour and commercial acumen, and by selecting this course, you too can prepare yourself with the skills and competencies these jobs require.
What will I learn?
- Appreciate the usefulness of quantitative finance in today’s financial markets.
- Develop in-depth, specialist knowledge of banking
- Understand the wide range of functions in banking
- Understand the practicalities of international finance and trade
- Learn how to apply your academic training to develop and implement banking strategy
- Understand new techniques and adapt them to new situations
- Work efficiently and effectively in a management position.
The first year is common across all three of our finance courses, with students from the various disciplines studying together. This provides our students with a strong foundation to financial markets, banking, economics and quantitative methods. You will also gain an understanding of the tools used in applied investment analysis and enhance your mathematical, statistical and computing skills.
Banking and financial institutions
This module looks at key functions of banking firm. The emphasis is on what differentiates banks from other financial institutions, as well as the information problems inherent in the banking industry. Participants will understand why financial intermediaries exist and their role/impact on the global economy.
This module covers communication skills, cognitive skills, IT skills, and social skills. The module aims to provide with an underpinning and understanding of a portfolio of key skills required in the business world to assist participants in their academic study and prepare them for their ensuing professional career.
Finance and investment
This module is an introductory course providing participants with a basic understanding of the financial analysis role in decision-making. More specifically, this module provides a basic level of the core principles of corporate finance, financial markets and investments.
Introductory financial accounting
This module focuses on the interpretation and use of financial accounting information as part of the effective operation of a business. Moreover it looks at the principles that underlie financial accounting, the application of these principles in recording transactions and the preparation of financial statements.
This module looks at the macro aspects of economics such as market growth/cycles, measurement of aggregate activity, basic demand side models of GDP determination, aggregate demand/supply, money in the economy, the transmission mechanism of monetary policy, fiscal policy and the public sector, balance of payments, FOREX and international trade.
Mathematics for Finance
This module provides an introduction to the basic mathematical techniques used in finance to aid decision making, with illustrations to the relevant problems in finance. It gives you the mathematical foundations that are necessary in your second year Finance and Financial Econometrics courses.
This module looks at the micro aspects of economics such as resource allocation, demand-supply and price, consumer demand, production and costs, oligopoly versus monopoly, as well as the roots of market failure/success.
Statistics for finance
This module provides an underpinning and understanding of the basic statistical techniques used in finance to aid decision making. It delivers the statistical foundations necessary for the more advanced finance modules.
The first half of your second year continues to be consistent across all three finance courses. As the year progresses there is an increased focus on developing theoretical knowledge of banking and financial management, finance and economics. You will also study econometrics, which forms the basis of modelling and testing in banking and finance.
Hence, you will gain a good understanding of the relationship between financial theory and empirical testing, and application of this knowledge to the appraisal of the empirical evidence in corporate finance and capital markets. You can choose an additional two elective modules to suit your own interests and aspirations from a wide selection.
Bank risk management
This module introduces the principal sources of financial risk faced by financial intermediaries and the main techniques used to monitor and measure these risks, with special focus on market risk, credit risk and liquidity risk.
Corporate Finance and Valuation
This module presents core corporate finance material, including topics such as company valuation and investment appraisal and examining questions including how should a firm set its dividend policy, from which sources should a company raise capital and how should companies decide on their acquisition strategy.
The module aims to build on the earlier Introduction to Finance module and applies finance theories and models to derivative securities with the aim of understanding the characteristics of derivatives, the use of derivatives, and their pricing.
This module aims to introduce participants to the fundamental econometric tools for empirical modelling, accustom them with applying these tools to estimation, statistical inference, and forecasting in financial markets; as well as to develop the necessary skills to critically interpret the results of such analysis.
This module aims to provide you with a theoretical and practical background of the current issues of international banking. In particular, the module covers the evolution, structure and strategic drivers of international banking; international banking markets; the kinds and functions of international banks; products and services of international banks; regulation and emerging trends.
Intermediate financial accounting 1
The course aims to develop a wider breadth of accounting knowledge and the ability to understand accounting information in the context of recognised accounting standards and prevailing legal requirements.
This course aims to provide a thorough understanding of the issues that are relevant to the asset management industry, with special emphasis on understanding and measuring investment performance. The focus is on mutual funds, hedge funds and exchange traded funds.
The module aims to provide the fundamentals for the valuation of publicly quoted and privately owned companies. The course is highly participative and extensively uses real-world cases; it also covers ethical issues that arise in valuations.
Corporate risk management
Economics of FOREX
This module provides the framework for a theoretical analysis of operations and key issues in foreign exchange markets. It aims to develop the understanding of international financial markets and the role of exchange rates.
Intermediate financial accounting 2
By completing this module, you should become competent in addressing accounting issues related to Business Combinations and have a solid understanding of the concepts and application of various intermediate financial accounting areas - including intangible assets, financial instruments, provisions and contingent assets/liabilities, deferred taxation - in conformity with International Financial Reporting Standards (IFRS).
Introduction to real estate investment
Risk analysis and modelling
Here, you will develop a knowledge of international finance and economics to an advanced level. You will also select five or six electives which will extend your knowledge of finance and the applications of mathematical models, enhance understanding of the role of banks in financial markets, or allow you to focus on areas including investment or accounting. As a result, you will be able to demonstrate a good knowledge of the major theoretical tools and theories of finance, and their relevance and application to theoretical and practical problems, their assumptions and weaknesses, and ability to propose alternatives.
As one of the electives, you may undertake a dissertation in a financial subject relevant to your interests and career aspirations.
This module provides an understanding and appreciation of the complexities of the foreign exchange markets, by highlighting the difficulties of exchange rate modelling and of the limitations of our current knowledge of the subject.
This course provides a thorough understanding of the role of money in the macro-economy, through a number of economic models, with an emphasis on the role of monetary policy in controlling inflation and output is crucial. There will also be discussion of the international monetary system and choices relating to the international financial architecture.
Final year project or final year course report
This module looks at bank failure, crises and bank regulation, by focusing on financial regulation as a way to make the financial system more resilient to different sources of banking crisis.
Financial services regulation
Fixed income portfolio management
Advanced financial accounting: Theory and practice
Asset liability management
The module brings the risk management of both sides of the balance sheet together in a unified framework. It focuses on the management of financial intermediaries, and aims to analyse financial risks, choose appropriate hedging strategies and monitor their implementation. The prime objective of these lectures is to provide a) a thorough grounding in the way banks and insurance firms operate, b) the necessary theoretical knowledge and statistical tools to measure different kinds of risks, and c) a comprehensive examination of the techniques and instruments for managing those risks in the banking and insurance industry.
Mergers and acquisitions
Bank strategy and management
This course examines several types of corporate reorganizations: mergers and acquisitions, leveraged buyouts, spin-offs, and divestitures, as well as reorganizations in financial distress situations through private workouts and bankruptcy. Particular emphasis is placed on linking conceptual tools and institutional environments to real business decisions.
Corporate social responsibility
Real estate finance and funding
You will be assessed using a variety of methods, depending on module choices including:
- Unseen written examinations, taking place at the end of each term (or at the end of a year, if a module is taught over two terms)
- Class tests
- Online quizzes and tests, using the Virtual Learning Environment
- Group projects, individual projects.
Percentage of the course assessed by coursework
The balance of assessment by examination, practical examination and assessment by coursework will to some extent depend on the optional modules you choose. The approximate percentage of the course assessment, based on 2017/18 entry is as follows:
70% written, 0% practical, 30% coursework
74% written, 0% practical, 26% coursework
53% written, 0% practical, 47% coursework.
Most contact hours take the form of lectures. A number of tutorials, exercise classes and surgery hours are scheduled during the first year, the number decreasing as you progress and you become more able to direct your own learning. Approximate study time based on 2017/18 entry is as follows:
20% scheduled learning, 80% independent learning, 0% placement
17% scheduled learning, 83% independent learning, 0% placement
12% scheduled learning, 88% independent learning, 0% placement.
For a full breakdown of the current and forthcoming academic year view our term dates page.
Course timetables are normally available from July and can be accessed from our timetabling pages. These pages also provide timetables for the current academic year, though this information should be viewed as indicative and details may vary from year to year.
Please note that all academic timetables are subject to change.
How to apply
All applications should be made through UCAS, the Universities and Colleges Admissions Service. Applications are made via Apply, UCAS's online application system.
UCAS Institution code: C60 (Cass Business School and City, University of London)
UCAS Course code: N302 / N312 with professional placement
You can find more information at UCAS and in the UCAS Handbook.
Terms and conditions
Students applying to study at Cass Business School are subject to City, University of London's terms and conditions.
If you are studying General Studies, Critical Thinking or a native language A-Level, these subjects will not be included in any offer condition.
For A-Level applicants we also require a minimum of grade 5 (C) in GCSE English and grade 6 (B) in GCSE Maths.
BTEC/OCR Cambridge Technical Level 3 Extended Diploma: DDD
For BTEC/OCR Cambridge Technical applicants we also require a minimum of grade 5 (C) in GCSE English and grade 7 (A) in GCSE Maths.
For candidates taking a combination of A Level/BTEC/OCR Cambridge Technical qualifications we accept the following:
- BTEC/OCR Cambridge Technical Level 3 National Diploma (grades DD) with one A-Level (grade A)
- BTEC/OCR Cambridge Technical Level 3 Subsidiary Diploma/National Extended Certificate (grade D) with two A-levels (grades AA)
For combination BTEC/OCR/A-Level applicants we also require a minimum of grade 5 (C) in GCSE English and grade 7 (A) in GCSE Maths.
IB: 35 points overall (can include up to three bonus points) with 5 minimum in each subject.
Access to Higher Education: Pass the course with 45 level 3 credits including minimum 30 distinction credits and the remaining 15 credits at merit or above.
For Access applicants we also require a minimum of grade 5 (C) in GCSE English and grade 6 (B) in GCSE Maths.
Foundation course for UK/EU students
If you do not meet the qualification criteria for this course, you may still meet the criteria for our Finance Foundation course. The Foundation course is a one-year full-time programme that provides an entry route to any of the following finance-related courses: BSc Banking and International Finance, BSc Finance and BSc Investment and Financial Risk Management.
We accept a wide range of international and other UK qualifications at Cass.
If you do not qualify for direct entry, there are several partners that offer preparatory international foundation courses for students seeking entry to undergraduate degrees. These include:
INTO City, University of London
Don’t meet the entry requirements? INTO City, University of London offers a range of academic and English language programmes to help prepare you for study at City, University of London. You’ll learn from experienced teachers in a dedicated international study centre.
These programmes are designed for international students who do not meet the required academic and English language requirements for direct entry. To prepare for this degree course, learn more about the International Foundation in Business and Economics with Accounting.
Kaplan International College (KIC) London
Additionally, City works in partnership with KIC London to provide a range of preparatory courses for international students. KIC London courses offer comprehensive support to students - including regular one-to-one tuition. Students who successfully complete the KIC London Foundation course at the required level are guaranteed progression to City, University of London degree courses.
English language requirements
Information for international applicants
For international applicants requiring a Tier 4 student visa we accept any of the below English language proficiency qualifications at the grades listed:
- IELTS (Academic or UKVI): 6.5 overall with no less than 6.0 in any sub test
- Pearson Test of English (PTE) Academic: 58 overall with minimum 50 in each component
- IGCSE: English as a First Language (Syllabus 0500 & 0522) or English as Second Language (Syllabus 0510 & 0511) at Grade B or above
- International Baccalaureate: Grade 5 at Higher or Standard level
- Trinity College (Integrated Skills): ISE III – pass in each area
- INTO City Pre-sessional English: 6.5 overall with no less than 6.0 in any sub test (NB. Must be the 6 or 8 week Cass-specific course)
- Cambridge English Advanced (also known as Certificate in Advanced English): Grade C (180-192) at CEFR Level C1
- Cambridge English Proficiency (also known as Certificate of Proficiency in English): Grade C (200-212) at CEFR Level C2
- Hong Kong Diploma of Secondary Education (HKDSE): English Language Examination grade 4 or above
An exception to the above criteria applies to Tier 4 applicants from the below majority English-speaking countries for whom we can accept a wider range of English qualifications:
- Antigua and Barbuda
- The Bahamas
- New Zealand
- St Kitts and Nevis
- St Lucia
- St Vincent and the Grenadines
- Trinidad and Tobago
- United Kingdom
- United States of America
Don’t meet the English language requirements? INTO City, University of London offers English language programmes to help prepare you for study at university. These intensive and flexible courses are designed to improve your English ability for entry to degree courses.
Information for home and EU applicants
In addition to the above English language proficiency qualifications accepted for International applicants, as a Home or EU applicant we can also accept any of the below English qualifications:
- GCSE: Grade C or 5
- O-Level: Grade C
- TOEFL: 100 overall with no less than 23 in any sub test
- A-Level: Grade C
- Cambridge English First (also known as Certificate of First in English): Grade A (180-190) at CEFR Level C1
Cass Business School gives you the opportunity to spend a year studying at one of our partner institutions, which are located around the world including Canada, Australia and Europe.
Universidad Argentina de la Empresa
Located in the heart of Buenos Aires, UADE has exchange agreements with 40 partner universities around the world. You will take modules from the undergraduate Global Management degree.
Queensland University of Technology
Located in the bustling city of Brisbane, QUT was the first Australian university to gain 'triple crown' accreditation (EQUIS, AMBA and AACSB).
Giving you the chance to study in Australia's 2nd largest city, RMIT is one of Australia's original educational institutions. Their well-established business school allows students to choose from a wide-range of subjects.
University of Queensland
Located in the popular Australian city of Brisbane, the University of Queensland features in the top 100 of 3 of the major rankings (QS, THE and ARWU).
University of Sydney
As Australia’s first university, the University of Sydney has an excellent long-standing reputation and is also ranked best student experience in Australia.
Vienna University of Economics and Business
WU has triple accreditation, one of only two German-speaking universities belonging to this group. They have a well-established exchange programme, with around 240 partner universities around the world.
Like Cass, HEC Montreal is triple accredited (EQUIS, AMBA and AACSB) and was the first school in North America to achieve this. There are opportunities to study in French or English.
Smith School of Business - Queen's University
Queen's Smith School of Business has a rich history dating back to 1841 and is consistently ranked as one of Canada's leading universities. It welcomes over 300 exchange students every year from more than 40 countries.
Ivey Business School, Western University
Ranked in the top 100 for Financial Times MBA Rankings, Ivey School of Business provides a competitive combination of world-class teaching and modern facilities.
Sauder School of Business, University of British Columbia
UBC is one of Canada's leading research universities and is consistently ranked in the top 40 of the world. Located 30 minutes from the heart of down-town Vancouver it attracts students from more than 140 countries world-wide.
Universidad de Chile
Based in the cultural city of Santiago, the Universidad de Chile is one of only 10 Latin American universities ranked among the world’s top 500. It is ranked 6th in the QS Latin American Ranking 2016.
Renmin University of China
Located in Beijing, Renmin Business School is both EQUIS and AACSB accredited. Their MBA programme is ranked in the top 50 in the world by the Financial Times.
Shanghai Jiao Tong University
You will take classes from the Antai College of Economics and Management, which was the first business school in mainland China to have been triply accredited by AACSB, EQUIS and AMBA. They have Bachelor programmes in Economics and Finance.
ESCP Europe, Paris campus
Like Cass, ESCP is triple accredited (EQUIS, AMBA and AACSB). The Paris campus is located in the centre of the city. The Masters in Management, from which you will take classes, is currently ranked 4th in the Financial Times rankings (2016).
Grenoble School of Management
Established in 1984 and situated in the thriving City of Grenoble, the School is ranked 27th in the Financial Times European Business School Rankings. There are opportunities to take classes in both French and English.
ESSEC Business School
Established in 1907, ESSEC is one of the leading institutions in Europe for business education. Their BBA was the first programme in France to receive the prestigious AACSB and EQUIS accreditations.
University of Mannheim
The University of Mannheim Business School is highly ranked and has an excellent reputation. You will be studying modules from their Bachelor degrees in Business Administration and Business Education in either German or English.
Technische Universität München
TU Munich was named as the number one university in Germany in the QS World University Ranking 2016.
Chinese University of Hong Kong
CUHK was ranked the most innovative university in Hong Kong in 2016 (Reuters). The 137 hectare campus overlooking Tolo Harbour houses a range of facilities such as world-class libraries, art museums, music halls, a swimming pool, sports fields, tennis courts, squash courts, a water sports centre and gymnasiums.
University of Hong Kong
HKU is consistently ranked in the top 50 world universities (Times Higher Education World University Rankings). You will be studying at their Faculty of Business and Economics.
Hong Kong University of Science & Technology
HKUST is ranked 4th in the QS Asian University Rankings 2016. HKUST Business School was the first school in Asia to be awarded dual accreditation by AACSB and EQUIS. It offers 11 undergraduate business programmes.
LUISS Guido Carli
LUISS Guido Carli is a private Italian university located in the heart of Rome. You are able to study in either Italian or English and there is an intensive Italian language course available before the start of term.
Based in Milan, Bocconi is a triple accredited school (EQUIS, AMBA and AACSB) and is ranked 6th in the Financial Times European Business Schools Ranking 2016.
BI Norwegian School of Management
BI is the only Norwegian university with triple accreditation and has student exchange agreements with more than 200 institutions in 45 different countries.
National University of Singapore
NUS is ranked 1st in the QS Asian University Rankings 2016 and is one of the top 25 world ranked universities (Times Higher Education World University Rankings). More than 1,000 exchange students visit NUS each year.
Nanyang Technological University
Nanyang is ranked 54th in the Times Higher Education's World University Rankings. You will have the chance to study at one of Asia's most prestigious universities in the heart of Singapore.
Singapore Management University
SMU was founded in 2000 by the government of Singapore, modelling itself on an American style university structure. SMU has over 180 exchange partner universities around the world.
Seoul National University
SNU was founded in 1946 as the first national university of Korea. SNU Business School was also the first business school in Korea to be certified by the Associate to Advanced Collegiate Schools of Business (AACSB).
IE Business School
Situated in the heart of Madrid's financial district, IE Business School is ranked 1st in Spain and 5th in Europe (FT European Business School rankings 2015).
ESADE Business School
The school is located in Europe’s most international city and Spain’s second largest city, Barcelona. Like Cass, ESADE is triple accredited (EQUIS, AMBA and AACSB).
Rotterdam School of Management, Erasmus University
RSM is consistently ranked in the top 10 business schools in Europe and has 'triple crown' accreditation (AACSB, AMBA and EQUIS). You will study all modules in English.
University of Illinois at Urbana-Champaign
Set amidst the rural Midwest a couple of hours from Chicago, UIUC's College of Business is ranked amongst the top 10 of public institutions of higher education in the US.
Emory University, Atlanta
Located near downtown Atlanta, Emory University Goizueta Business School's BBA programme is currently ranked No. 15 by both Bloomberg BusinessWeek and U.S. News & World Report.
McCombs School of Business, University of Texas at Austin
One of the largest business schools in the US, McCombs is ranked the 6th undergraduate business programme in the 2017 US News and World Reporting Ranking.
Robert H. Smith School of Business, University of Maryland
Located in College Park, eight miles from The White House and downtown Washington, D.C. you will be studying at the Robert H. Smith School of Business whose undergraduate programme was ranked number 19 in the USA (2016 U.S. News & World Report).
Ross School of Business, University of Michigan
The Ross School of Business has one of the top undergraduate business programmes in the USA, ranked #4 (US News & World Report, 2016). You will take modules from their Bachelor in Business Administration.
McIntire School of Commerce, University of Virginia
The McIntire School of Commerce is regarded as one of the best business schools in America. Their UG programme is #5 in the USA (Bloomberg Business Week, 2016). They are partnered with a select number of business schools around the world, with Cass being one of them.
RMIT Vietnam Campus
Living and studying at RMIT Saigon South campus in Ho Chi Minh City will give you great opportunities to get immersed into a dynamic, multicultural and intriguing city.
Replacement Term Abroad
Spend the first term of your 2nd year studying abroad in English at one of our partner universities. You would take modules to the value of 60 credits abroad and return to Cass in the 2nd term to complete your 2nd year.
You can spend a year of your degree course studying at one of our partner institutions, between your second and third year of study. This would add a year to your degree so you would complete your degree in four years.
Please be aware that the options available to you from the full list of partner institutions will depend on the study abroad programme you select. For more detailed information on this, please contact the Student Exchange Team.
Student Exchange Team
Our dedicated Student Exchange Team are available to offer advice to students who wish to explore their study abroad options. They will also support students throughout the application process and during their study abroad year or term. To contact them, email: firstname.lastname@example.org.
The experience of working for a leading institution can be invaluable in terms of your future career. It will enable you to acquire skills and competencies sought by graduate employers and give you an edge over the competition.
BSc Banking and International Finance students enjoy a wide range of opportunities in business areas such as Corporate Finance, Operations, Wholesale Markets, and Asset Management.
Students have recently taken up placements within many leading corporate organisations including:
- AXA Investment Management
- Bank of England
- Goldman Sachs
- Lloyds Bank
- Morgan Stanley
*The fee for this course in 2019/20 is £9,250 for each year of study.
Non-EU international students
**In 2019/20 the fee is £18,000 for the first year of study. The institution reserves the right to increase your tuition fees annually to take account of the institution's increased costs of delivering educational services. The increase will normally be 2% but this is kept under review with reference to the RPI. If the institution intends to increase your tuition fees you will be advised of this alongside the published entry fee.
- Each year, Cass Business School, City, University of London and generous donors create opportunities for students to fully fund or part fund their studies. Find out more about scholarships and loans.
- Fee waivers may be available for this course
- Means tested support may be available for 2019/20 entry. Find out more about undergraduate funding.
The majority of graduates from this undergraduate course embark on careers in the fast-paced world of global finance. Many join investment banks and secure positions in trading, investment banking and sales, specialising in areas such as derivatives. Others join brokerage houses, enter careers in operations or consultancy, or take up postgraduate study.
A career in international finance and banking will suit you if you are focused, target-driven and enjoy working with numbers.
Course information and statistics from 2016-17 Destinations of Leavers from HE
Successfully obtaining the BSc Banking and International Finance allows exemption from the exams of several following professional bodies.
See accreditation details
ACCA (Association of Chartered Certified Accountants)
- F1 Accountant in Business (AB)
- F2 Management Accounting (MA)
- F3 Financial Accounting (FA)
- F5 Performance Management (PM)
- F7 Financial Reporting (FR)
CII (Chartered Insurance Institute)
- CII Insurance students: 530 Business and Economics (worth 30 credits at Advanced Diploma level), 25 non-unit specific credits at Diploma level.
- CII Financial Planning students: 30 non unit specific credits at Advanced Diploma level, 25 non unit-specific credits at Diploma level.
CIMA (Chartered Institute of Management Accountants)
- C01 Fundamentals of Management Accounting
- C02 Fundamentals of Financial Accounting
- C03 Fundamentals of Business Mathematics
- C04 Fundamentals of Business Economics
- C05 Fundamentals of Ethics, Corporate Governance and Business Law
- P1 Management Accounting
- P2 Advanced Management Accounting
CIPFA (Chartered Institute of Public Finance and Accountancy)
- Financial Accounting
- Management Accounting
- Financial Management
ICAEW (Institute of Chartered Accountants in England and Wales)
- Business and Finance
- Management Information
- Financial Management
ICAS (The Institute of Chartered Accountants of Scotland)
Test of Competence
- Financial Accounting
The London Institute of Banking & Finance
- Direct entry into Stage 2 (second year; FHEQ level 5) of the BSc Banking Practice & Management degree.