Banking & Finance BA/BSc

Sabrina O'Neil
Oct 20
4 min read

Banking and Finance is the study of how financial systems, institutions, and markets operate to manage money, investments, and economic stability. It explores the principles of banking, investment, financial analysis, and risk management that underpin the global economy.

A Bachelor’s degree in Banking and Finance provides students with the technical and analytical skills needed to work in the financial sector. It combines economic theory with practical financial training, preparing graduates for careers in banking, investment, insurance, and corporate finance.

Why Study Banking and Finance?

There are many reasons why students choose to study Banking and Finance:

An interest in financial systems, money management, and global markets.
The opportunity to develop analytical and quantitative skills.
Excellent career prospects in high-demand financial sectors.
A degree that combines theory, practice, and professional insight.
Pathways to professional qualifications such as CFA, ACCA, or CIMA.
The chance to work in international financial centres like London.

This degree suits students who are ambitious, numerate, and interested in problem-solving, data analysis, and business decision-making.

Course Duration and Structure

In the UK, a Banking and Finance degree typically takes three years of full-time study, or four years with a placement year, foundation year, or study abroad option.

A typical course structure includes:

Year 1: Introduction to economics, financial accounting, mathematics for finance, and banking principles. Students develop a foundation in financial systems and markets.

Year 2: Intermediate modules in corporate finance, investment analysis, financial management, and risk assessment. Many programmes include training in financial software and data analysis.

Year 3: Advanced study in international banking, financial modelling, and portfolio management. The final year often includes a dissertation or applied finance project.

Some universities offer optional placements or internships with banks, investment firms, or financial institutions.

Entry Requirements

Entry requirements vary between universities but typically include one of the following:

A Levels: Including Mathematics, Economics, or Business Studies.
BTEC: A relevant Extended Diploma in Business, Finance, or Applied Science.
International Baccalaureate (IB): Including Higher Level Mathematics or Economics.
Other qualifications: Access to Higher Education Diploma in Business, Finance, or Economics.
English language proficiency: Required for applicants whose first language is not English.
Strong numeracy and analytical ability are important for success in this field.

Teaching and Assessment

Banking and Finance degrees combine academic study with practical application. Students learn through:

Lectures and seminars
Case studies and problem-based learning
Financial data analysis and simulations
Group projects and presentations
Independent research and report writing

Assessment methods typically include:

Written examinations and coursework
Financial modelling and quantitative assignments
Group projects and presentations
Reflective portfolios and essays
A final dissertation or finance-related research project

Many universities use industry-standard software such as Bloomberg, Excel, or Python for data analysis and financial modelling.

Skills You Will Develop

A degree in Banking and Finance provides a strong combination of analytical, technical, and interpersonal skills, including:

Financial analysis and modelling
Understanding of banking operations and financial markets
Risk assessment and management
Quantitative and statistical analysis
Problem-solving and critical thinking
Communication and teamwork
Research and report writing
Ethical awareness and regulatory understanding

These skills are highly sought after in finance, business, and consultancy sectors.

Career Prospects

Graduates of Banking and Finance degrees are well-prepared for a wide range of roles across the financial and corporate world.

Typical career paths include:

Investment banker or analyst
Financial analyst or consultant
Risk or compliance officer
Commercial or retail banker
Financial advisor or wealth manager
Corporate finance associate
Asset or fund manager
Economist or market researcher
Further study for CFA, ACCA, or MSc Finance qualifications

Employers include banks, investment firms, insurance companies, consultancies, and multinational corporations.

Tips for Prospective Students

Keep up with financial news and market trends through sources like the Financial Times or The Economist.
Practise your numeracy and data analysis skills before starting the degree.
Gain work experience or internships in finance or business environments.
Learn to use financial tools such as Excel or Bloomberg terminals.
Develop good time management and attention to detail.
Consider joining university finance or investment societies to build experience and networks.

Course Variations

Universities offer several related or specialised degrees, including:

Finance and Economics: Focusing on economic theory and financial strategy.

Investment and Financial Risk Management: Exploring asset management and risk control.

International Banking and Finance: Focusing on global financial institutions and trade.

Accounting and Finance: Integrating financial management and accounting principles.

Financial Technology (FinTech): Combining finance with innovation and data science.

Corporate Finance and Management: Emphasising business strategy and financial leadership.