Master
Banking and Finance
Brief description
Degree programme code: 066 974
Degree programme: Master's programme
Degree programme duration: 4 semesters
Workload: 120 ECTS credits
Degree: Master of Science (MSc)
Language of instruction: English
Admission requirements: Click here
Application procedure: no
Programme outcomes
The objective of the Master’s programme in Banking and Finance is to provide students with a sound education in core areas from the field of finance. In addition, the programme imparts knowledge from other sub-areas from the field of business and economics as well as from related fields and methodological subjects.
Students of the programme acquire the latest theoretical and methodological competences, equipping them for a successful career in the financial sector, in public administration or with regulatory authorities.
Advanced courses focusing on different research areas provide an opportunity for students to give their education a more practice-oriented or a more academia-oriented focus. Compulsory elective modules and individual specialisations enable students to select courses according to their interests.
Fields of activity
Graduates of the master’s programme in Banking and Finance have the methodological and academic profile required for taking up special positions and leading positions in the financial sector, in public administration or with regulatory authorities.
The special focus on Business Administration trains students in the area of modern bank management or corporate finance and prepares them for careers in consultancy companies, controlling, corporate finance departments, risk management as well as in corporate banking and investment banking.
The special focus on Science Orientation is aimed at students who strive for a career in central banks, state authorities supervising different segments of the financial market, international financial institutions and research departments of banks, or who plan to continue their academic education in the form of a PhD programme in the field of finance.
Structure
Core Programme ECTS credits required: 36 | ECTS credits |
---|---|
Introductory Module: ● Basics of Finance (4 ECTS credits) ● Decision Theory (4 ECTS credits) | 8 |
Core Courses in Finance 1: ● Asset Pricing 1 (4 ECTS credits) ● Banking and Financial Intermediation 1 (4 ECTS credits) ● Corporate Finance 1 (4 ECTS credits) | 12 |
Economics: ● Money and Banking (4 ECTS credits) ● Game Theory and Information Economics (12 ECTS credits) | 16 |
Elective Programme ECTS credits required: 60 Students choose one orientation: | |
---|---|
Business Orientation | ECTS |
Econometrics for Business Orientation
| 8 |
Banking for Business Orientation:
| 24 |
or | |
Corporate Finance for Business Orientation:
| 24 |
Electives in Finance, Accounting and Economic Law | 20 |
Electives in Business, Economics and Statistics | 8 |
or
Science Orientation | ECTS |
---|---|
Core Courses in Finance 2:
| 12 |
Econometrics for Science Orientation:
| 16 |
Banking for Science Orientation or Corporate Finance for Science Orientation or Financial Markets | 16 |
Electives from the fields of: Finance, business administration (in particular accounting and controlling), economy, mathematics and statistics, financial mathematics and actuarial mathematics, econometrics, programming and computer based financial modelling, business law and psychology | 16 |
Master's Thesis Module ECTS required: 24 | ECTS |
---|---|
Master's Thesis Seminar | 2 |
Masterarbeit | 20 |
Masterprüfung | 2 |
Curriculum/Study plan
A list of all courses to be completed is available at the website of the Department of Finance.
Personal requirements
The programme is not only open to graduates from degree programmes focusing on business and economics, but is also aimed at graduates of any fields of study who are interested in financial issues and, in particular, to those with a formal background in academia.
All courses are taught in English. Therefore, English language skills corresponding to language level C1 according to the Common European Framework of Reference for Languages are required.
Please note that there has been a change of Entry Requirements as of 22.01.2021 - click here for more information!
Mathematical and statistical ability
We encourage students with various backgrounds such as business, economics, statistics, mathematics and physics to apply.
A sound background in mathematical and statistical tools is advantageous but not a requirement. But we expect students to have a working knowledge of calculus and should know the basics of vectors and matrices, probability and statistics.
Professional experience
Candidates are not required to have previous work experience and this would not disadvantage them in any way.
Contact and help
Please address questions and concerns regarding the admission procedure to "Studienservice und Lehrwesen" via their contact form.
For questions regarding the content or the organisation of the programme, please contact: ssc.wiwi@univie.ac.at
You find useful information on the website of the SSC.
Additional information about the master’s programme in Banking and Finance is available on the website of the Department of Finance.
Bachelor - All Study Programmes
Master - All Study Programmes
- Applied Economics (started in WS21)
- Banking and Finance
- Business Administration
- Business Analytics
- International Business Administration
- Philosophy and Economics
- Research in Economics and Finance (started in WS21)
- Statistics
- Economics (expiring)