Master's Programme Banking and Finance

Faculty Innsbruck University School of Management
Duration / ECTS-Credits 4 semesters / 120 ECTS-Credits
Academic Degree
Master of Science (MSc)
Qualification Level
Master (Second Cycle)
ISCED-F 0412 Finance, Banking and Insurance
Mode of Study
Full-Time
Study Code
C 066 974
Curriculum Information on the Curriculum (2008W) *
Admission Requirements
Relevant bachelor's degree or equivalent


* Information on the Curriculum (2008W)

The complete version of the curriculum reflects the currently valid version of the curriculum. It is for informational purposes only and is not legally binding. The legally binding version of the curriculum, including any amendments, may be found in the University of Innsbruck Bulletins.

In order to determine which version of the curriculum is applicable in your case, see the Catalogue of Studies
  available at: http://orawww.uibk.ac.at/public/lfuonline_meinestudien.studienblatt
  Section: Current curriculum version

University of Innsbruck Bulletins » (Click to open all University of Innsbruck Bulletins)

Information about examination regulations, assessment and grading

Examination regulations

The examination regulation is an integral part of the curriculum, detailed information can be found under the paragraph examination regulations.

Description of the applied grading system (including the ECTS Grading Table) »

The ECTS Grading Table is a statistical representation of the distribution of all successfully completed examinations in a given programme of study or subject (based on all registered students for the programme or subject). The ECTS Grading Table is updated in regular intervals.

 Austrian grading
 scheme
 Definition
 %-age
      
 1  EXCELLENT:
 Outstanding performance
31.2
= 100%

 2

 GOOD:
 Generally good, but with some errors
43.1
 3  SATISFACTORY:
 Generally sound work with a number of substantial errors
18.2
 4  SUFFICIENT:
 Performance meets the minimum cirteria
5.7
 successfully
 completed
 Positive performance, where a strict differentiation is not adequate
1.8
 5  INSUFFICIENT:
 Substantial improvement necessary; requirement of further work
     
 not completed 
 Negative performance, where a strict differentiation is not adequate
     
Source: Academic year 2014/2015
 

Overall classification of the qualification

Not applicable
Explanation: An overall classification (mit Auszeichnung bestanden/pass with distinction, bestanden/pass, nicht bestanden/fail) – is awarded, in accordance with § 73 Para 3 UA, only for examinations that conclude a programme of study and consist of more than one subject (an examination of this type is not specified in the curriculum of this programme of study).

Requirements

Relevant bachelor's resp. diploma degrees at the University of Innsbruck:

Criteria for the determination of equivalence:

Admission to the master's degree programme may also be possible if a student has completed a bachelor's degree in a relevant related field. As part of the determination of equivalence, the following core areas of the completed bachelor's degree programme (without taking the bachelor's thesis into account) will be assessed:

  • 100 ECTS-Credits Core Area: Economics

In the event that equivalence has been established in principle but with certain qualifications missing for full equivalence, supplemental examinations may be required. These examinations must be completed during the master degree programme.

Starting in academic year 2015/2016 qualitative admission requirements will be additionally reviewed:

Knowledge of banking and finance along with the analytical/methodical competences necessary
to solve problems in these areas and to understand the content of this curriculum.

It is assumed that this knowledge has been attained, if a student has positively completed 30 ECTS credits in
economics, mathematics and/or statistics and a minimum of 22.5 ECTS credits in the areas of
investment and financing, bank management, financial management or risk management.

Recommended Course Sequence

The exemplary course sequence given below is recommended for full-time students beginning their study programme in the winter semester. The table shows one possible course sequence for the bachelor's programme and is not compulsory. Delays resulting from repeated examinations are not taken into account.

The standard duration of the study programme is 4 semesters or 120 ECTS-Credits, whereby according to the Universities Act of 2002, a workload of 1,500 (real) hours per academic year must be fulfilled, corresponding to 60 ECTS-Credits (one ECTS-Credit is equivalent to a workload of 25 hours).

First Semester »

10.0 ECTS-Credits: Principles of Financial Economics and Financial Intermediation
  5.0 ECTS-Credits: Financial Reporting
  5.0 ECTS-Credits: Derivatives
  5.0 ECTS-Credits: Methods of Empirical Finance
  5.0 ECTS-Credits: Principles of Mathematical Finance

Second Semester »

  5.0 ECTS-Credits: Corporate Finance
  5.0 ECTS-Credits: Asset Allocation and Wealth Management
  5.0 ECTS-Credits: Market Efficiency
  5.0 ECTS-Credits: Management of Financial Institutions
  5.0 ECTS-Credits: Applied Empirical Finance
  5.0 ECTS-Credits: Ethical and Methodological Aspects in Banking and Finance

Third Semester »

  5.0 ECTS-Credits: Elective Module (1+2)
  5.0 ECTS-Credits: Elective Module (1+2)
  5.0 ECTS-Credits: Elective Module (1+2)
  5.0 ECTS-Credits: Elective Module (1+2)
  5.0 ECTS-Credits: Elective Module (1+2)
  5.0 ECTS-Credits: Elective Module (1+2)

Fourth Semester »

25.0 ECTS-Credits: Master’s Thesis
5.0 ECTS-Credits: Research Colloquium for Master Thesis


(1) Two elective modules  totalling 15 ECTS-Credits from the catalogue § 7 Para 2 have to be completed.
(2) One elective module  totalling 15 ECTS-Credits from the catalogue § 7 Para 3 has to be completed.


Graphic chart »

ma_banking-and-finance_studienverlauf_2014_en


Elective Modules § 7 Abs. 2 »

  5.0 ECTS-Credits: Corporate Valuation
  5.0 ECTS-Credits: Portfolio Optimization and Management
  5.0 ECTS-Credits: Applied Behavioral Finance
    5.0 ECTS-Credits: Experimental Finance
    5.0 ECTS-Credits: Applied Risk Management
    5.0 ECTS-Credits: Information Economics
    5.0 ECTS-Credits: International Finance
    5.0 ECTS-Credits: Real Options
    5.0 ECTS-Credits: Market Microstructure
    5.0 ECTS-Credits: Financial Regulation
    5.0 ECTS-Credits: Theoretical Corporate Finance
    5.0 ECTS-Credits: Fixed Income
    5.0 ECTS-Credits: Complexity in Financial Markets
    5.0 ECTS-Credits: History of Finance
    5.0 ECTS-Credits: Current Topics in Banking and Finance

Elective Modules § 7 Abs. 3 »

  10.0 ECTS-Credits: Special Topics in International Accounting 
10.0 ECTS-Credits: Interdisciplinary Perspectives on Accounting
10.0 ECTS-Credits: Current Topics of Information Systems, Especially Social Aspects of Information Systems
10.0 ECTS-Credits: Ethics in Organizations
10.0 ECTS-Credits: Gender, Work and Organization
10.0 ECTS-Credits: Art, Culture, and Expert Organizations
10.0 ECTS-Credits: HRM and Organization
10.0 ECTS-Credits: Organizational Communication and Governance
10.0 ECTS-Credits: Current Issues in Theory and Practice of Organizations
10.0 ECTS-Credits: Econometrics
10.0 ECTS-Credits: Game Theory
10.0 ECTS-Credits: Entrepreneurship
10.0 ECTS-Credits: Marketing Performance Management
10.0 ECTS-Credits: Current Topics in Strategy & Marketing
10.0 ECTS-Credits: Creativity & Change Management
    5.0 ECTS-Credits: Human Relation Management (I): Intercultural Human Resource Development
    5.0 ECTS-Credits: Human Relation Management (II); Employment-Oriented Consulting
    5.0 ECTS-Credits: Interdisciplinary Skills

Qualification Profile and Skills

The Master's Programme Banking and Finance is intended to provide students with the abilities to fulfill demanding tasks, particularly in companies in the finance sector.

The content of the master's programme focuses on both necessary theoretical fundamentals and on the conditions for the implementation and applicability of scientific knowledge. The degree program is held in English.

Students of the master's program acquire the following skills:

  • Solid knowledge of quantitative methods for financial issues
  • The ability to treat scientific issues independently
  • The ability to apply scientific knowledge to practical problems
  • Reflective consideration and application of acquired abilities

The master's programme also provides the basis to pursue an academic path through continuation to a doctoral program.

Expected Learning Outcomes

Graduates possess highly specialized knowledge in the areas of finance markets, financial institutions and investment and finance decisions in companies. They are able to apply their competences in these core areas and at the intersections to other areas of economics and business administration by formulating and substantiating arguments scientifically and by solving problems innovatively.

Future Prospects: Occupational Profiles and Career Opportunities

The Master's Programme in Banking and Finance qualifies graduates for positions in companies in the finance sector, e.g. banks, financial services companies and insurance companies. The specific competences of graduates are also essential for finance departments of large companies.

Postgraduate and further Studies at the University of Innsbruck

Examination Dates (in German only)

Forms

Recognitions (in German only)

Contact and Information

Examination Office
Standort Universitätsstraße 15 Piktogramm barrierefreier Zugang

Associate Dean of Studies 
 Mag. Alexander Peter Kupfer, PhD

Dean of Studies
Ao.Univ.-Prof. Dr. Michael Habersam

Information for students with disabilities