Master's Programme Banking and Finance
| Faculty | Faculty of Business and Management |
| Duration / ECTS-Credits | 4 semesters / 120 ECTS-Credits |
| Academic Degree |
Master of Science (MSc) |
| Qualification Level |
Master (Second Cycle) ISCED-11: Level 7, EQF/NQF: Level 7 |
| ISCED-F | 0412 Finance, Banking and Insurance |
| Mode of Study |
Full-Time |
| Study Code |
UC 066 974 |
| Curriculum | Information on the Curriculum (2008W) * |
| Language of Instruction | English |
| Admission Requirements |
Relevant bachelor's degree or equivalent and Language Certificates |
| Application | It is recommended to commence the programme in the winter semester in order to avoid study delays. |
* 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: https://lfuonline.uibk.ac.at/public/lfuonline_meinestudien.studienblatt
Section: Current curriculum version
University of Innsbruck Bulletins » (Click to open all University of Innsbruck Bulletins)
- Englisch version of the Curriculum (from October 1 2019)
- University of Innsbruck Bulletin February 13 2019, Issue 15, No. 265 (modification of the curriculum)
- University of Innsbruck Bulletin October 15 2014, Issue 3, No. 8 (Equvalence list)
- Englisch version of the Curriculum (from October 1 2014)
- University of Innsbruck Bulletin June 2 2014, Issue 23, No. 392 (modification of the curriculum)
- English version of the Curriculum
- University of Innsbruck Bulletin September 30 2009, Issue 113, No. 435 (amendment of the curriculum)
- University of Innsbruck Bulletin May 4 2007, Issue 53, No. 227
Requirements
Relevant bachelor's resp. diploma degrees at the University of Innsbruck:
- Bachelor's Programme Management and Economics
- Diploma Programme International Economic and Business Studies
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 20 ECTS credits in
economics, mathematics and/or statistics and a minimum of 15 ECTS credits in the areas of
investment and financing, bank management, financial management or risk management.
Proof of general university entrance qualification:
The general university entrance qualification for admission to a master's programme must be proven by the completion of a subject-related bachelor's programme, another subject-related programme of at least the same higher education level at a recognised domestic or foreign post-secondary educational institution, or a program defined in the curriculum of the master's programme. To compensate for significant differences in subject matter, supplementary examinations (maximum 30 ECTS credits) may be prescribed, which must be taken by the end of the second semester of the master's programme. The rectorate may determine which of these supplementary examinations are prerequisites for taking examinations provided for in the curriculum of the master's programme.
In the course of the proof of the general university entrance qualification, the completion of the following core areas within the framework of the completed bachelor's degree programme shall be examined in any case:
- 100 ECTS-Credits Core Area: Economics
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).
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
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
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)
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.
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
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: Management of Employment Relationshipgs: Current Topics
10.0 ECTS-Credits: Organizational Communication and Governance
10.0 ECTS-Credits: Current Issues in Theory and Practice of Organizations
7.5 ECTS-Credits: Econometrics
7.5 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
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 grade distribution table) »
The grade distribution 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 grade distribution table is updated in regular intervals.
| Austrian grading scheme |
Definition |
%-age |
||
| 1 | EXCELLENT: Outstanding performance |
36.6 |  |
= 100% |
|
2 |
GOOD: Generally good, but with some errors |
42.1 |
||
| 3 | SATISFACTORY: Generally sound work with a number of substantial errors |
15.8 |
||
| 4 | SUFFICIENT: Performance meets the minimum criteria |
5.5 | ||
| 5 | INSUFFICIENT: Substantial improvement necessary; requirement of further work |
Overall classification of the qualification
Not applicable
Explanation: An overall classification (mit Auszeichnung bestanden/pass with distinction, bestanden/pass, nicht bestanden/fail) – is awarded 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).
Information about the Programme (in German only)
Forms
- Application for the Master's Thesis
- Cover Sheet for the Master's Thesis
- Declaration of Academic Honesty (in German only)
- Submission of the Master's Thesis
- To block a thesis
Recognitions (in German only)
Contact and Information
Examination Office
Standort Universitätsstraße 15 
Associate Dean of Studies
Mag. Mag. Matthias STEFAN, PhD
Dean of Studies
Univ.-Prof. Mag. Dr. Mike Peters