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Course Overview

  • Gain a rigorous understanding of banking and finance practices, ensuring you are equipped to make an immediate impact in national and global businesses
  • Benefit from the expertise and resources that exist within both Winchester Business School and the new Department of Digital Futures.
  • Complete an optional salaried year-long placement in industry to build contacts and understanding of the financial world while still graduating within three year.
  • Develop some of the most in-demand skills in the global and digital economies such as data-analysis proficiency, risk management and cyber security

New Open Banking rules, fintech, big data and analytics are just a few of the exciting changes that are shaking up the banking and finance industries. Our modern and highly relevant degree programme offers you the chance to develop your financial knowledge in the context of the global economy, and equips you with the skills required for a complex and changing business environment.

Throughout this dynamic three-year course the emphasis is on real-world cases and future-relevant knowledge and skills. You have the opportunity to gain work experience, study abroad, undertake a dissertation and gain professional recognition through our established and new relationships with professional bodies and employers.

Built upon the United Nation’s Principles for Responsible Management Education (PRME) initiative, the programme is driven to enhance the key values for achieving sustainability. It is delivered by our research-active and expert team in accounting and finance together with complementary expertise from the banking sector.

As a valued member of the department, you benefit from the excellent learning opportunities and resources that exist within the award-winning Winchester Business School. You also collaborate with the new Department of Digital Futures where you will be able to use banking simulation software for real-life learning.

Year 1 of the programme offers you an introduction to the world of business, finance and banking and also gives you the opportunity to develop your academic and professional skills.

In Years 2 and 3, you have the opportunity to study specialist areas within banking and financial services as well as being able to choose options in relevant business subjects such as data analytics, risk management, cyber security, mathematics, economics and accounting.

Banking and Finance are a winning combination. Our joint honours course provides you with the knowledge, understanding and confidence to enter well-paid, international careers. Both disciplines encourage you to develop skills such as problem-solving, rigorous argument and effective communication, which are in great demand in many employment sectors.

Rewarding professional careers await you in banking, financial services, accountancy and insurance, as well as in investment management, the treasury and audit departments of large companies and government services.

Careers

Key employment destinations include Banking, Insurance, Financial services, Finance, Accountancy, Investment Management, Treasury, Audit, and Government.

Pre-approved for a Masters

If you study a Bachelor Honours Degree with us, you will be pre-approved to start a Masters degree at Winchester. To be eligible, you will need to apply by the end of March in the final year of your degree and meet the entry requirements of your chosen Masters degree.

ABOUT THIS COURSE

Suitable for Applicants from:

UK, EU, World

Work Placements

Standard Business School programmes policy of possible year of work placement between years 2 and 3.

Study Abroad

Our BSc (Hons) Banking and Finance course provides an opportunity for you to study abroad.

For more information see our Study Abroad section. 

Learning and Teaching

Our aim is to shape 'confident learners' by enabling you to develop the skills needed to excel in your studies here and as well as onto further studies or the employment market.

You are taught primarily through a combination of lectures and seminars, allowing opportunities to discuss and develop your understanding of topics covered in lectures in smaller groups.

In addition to the formally scheduled contact time such as lectures and seminars, you are encouraged to access academic support from staff within the course team, your personal tutor and the wide range of services available to you within the University.

Independent learning

Over the duration of your course, you will be expected to develop independent and critical learning, progressively building confidence and expertise through independent and collaborative research, problem-solving and analysis with the support of staff. You take responsibility for your own learning and are encouraged to make use of the wide range of available learning resources available.

Overall workload

Your overall workload consists of class contact hours, independent learning and assessment activity.

While your actual contact hours may depend on the optional modules you select, the following information gives an indication of how much time you will need to allocate to different activities at each level of the course.

Year 1 (Level 4): Timetabled teaching and learning activity* 

Teaching, learning and assessment: 432 hours
Independent learning: 768 hours

Year 2 (Level 5): Timetabled teaching and learning activity*

Teaching, learning and assessment: 288 hours
Independent learning: 912 hours

Year 3 (Level 6): Timetabled teaching and learning activity*

Teaching, learning and assessment: 216 hours
Independent learning: 984 hours

*Please note these are indicative hours for the course.

Location

Taught elements of the course take place on campus in Winchester

Assessment

Our validated courses may adopt a range of means of assessing your learning. An indicative, and not necessarily comprehensive, list of assessment types you might encounter includes essays, portfolios, supervised independent work, presentations, written exams, or practical performances.

We ensure all students have an equal opportunity to achieve module learning outcomes. As such, where appropriate and necessary, students with recognised disabilities may have alternative assignments set that continue to test how successfully they have met the module's learning outcomes. Further details on assessment types used on the course you are interested in can be found on the course page, by attending an Open Day or Open Evening, or contacting our teaching staff.

Percentage of the course assessed by coursework

The assessment balance between examination and coursework depends to some extent on the optional modules you choose. The approximate percentage of the course assessed by different assessment modes is as follows:

Year 1 (Level 4)*:

0% coursework
100% written exams
0% practical exams

Year 2 (Level 5)*:

57% coursework
43% written exams
0% practical exams

Year 3 (Level 6)*:

33% coursework
67% written exams
0% practical exams

*Please note these are indicative percentages and modes for the programme.

Feedback

We are committed to providing timely and appropriate feedback to you on your academic progress and achievement in order to enable you to reflect on your progress and plan your academic and skills development effectively. You are also encouraged to seek additional feedback from your course tutors.

Further information

For more information about our regulations for this course, please see our Academic Regulations, Policies and Procedures.

 

 

ENTRY REQUIREMENTS

2021 Entry: 104-120 points

A GCSE A*-C or 9-4 pass in English Language and Mathematics is required.

International Baccalaureate: 104-120 points to include a minimum of 2 Higher level IB certificates at grade 4 or above.

If English is not your first language: Year 1/Level 4: IELTS 6.0 overall with a minimum of 5.5 in writing or equivalent. 

Course Enquiries and Applications

Telephone: +44 (0) 1962 827234
Send us a message 

International Students

If you are living outside of the UK or Europe, you can find out more about how to join this course by emailing our International Recruitment Team at International@winchester.ac.uk or calling +44 (0)1962 827023

 

Visit us

Explore our campus and find out more about studying at Winchester by coming to one of our Open Days.

Year 1 (Level 4)

Modules Credits

Principles of Microeconomics 20

Microeconomics is a major branch of economic science that studies the behaviour of individuals in making decisions as buyers, sellers, business owners and government. This module introduces students to the key fundamental ideas of Microeconomics and covers the principles, technical language, concepts and fundamental methodologies. This includes the utilization and distribution of limited or scarce resources in the creation, production, supply and consumption of goods and services to meet demands. Where relevant, alternative economic approaches will be identified and considered. Real world data and case studies will be used to reinforce learning and insight. Students will be supported in tutorial seminars to build numeric competency through exercises using economic and business mathematics and statistics.

 

Mathematical Skills for Economists 20

This introductory mathematical module focuses on developing the essential quantitative skills that are used in the theoretical and applied economics. This will include those concepts from mathematics, algebra and calculus that are commonly employed in microeconomics and macroeconomics. It will also include coverage of the descriptive and inferential statistical concepts that are used in applied economics. The module will focus on developing student understanding of these concepts, and their ability to use these mathematical concepts in practice, when they engage with economic theory and applications.

Finance 20

This module aims to introduce the core concepts and key topics areas of business finance and financial environment. It will enable students to develop knowledge and understanding of how the financial markets operate, evaluate alternative sources of finance available to a business, analyse the cost of different sources of finance used by a company and the weighted average cost of capital. Students will also learn how to apply the cost of capital in the investment appraisal process and evaluate the investment projects using the main investment appraisal methods.

Management Information 20

The provision and analysis of financial and operating information is a specialised service function primarily involving the collection, storage and recording of financial and operating data, its conversion to useful information and the effective communication of this information. This information assists management in a complex and dynamic business environment to make optimal business decisions.

Financial Accounting 20

This module aims to provide an introduction to the main technical language and practices of financial accounting and to the application of this knowledge to different forms of business organisation. With a focus on using the IASB’s Conceptual Framework and accounting for transactions and events from first principles, students will develop their conceptual understanding of accounting, their knowledge of the main accounting terminology and their awareness of the nature and purpose of financial reporting.

Foundations of Banking 20

This introductory core module of the banking programme familiarises students with the foundations of banking practice. Despite increasing digitisation, banking is about and for humans and involves decision-making under uncertainty. To understand the relationship between the banker and customer, social psychology is introduced as a tool. Banking is also firmly rooted in commercial law. Thus basic legal principles are explained and applied. This knowledge, together with the students’ training in accounting elsewhere, is drawn together and applied in basic commercial lending practice and relationship management in banking, which form the main content of this module.

Year 2 (Level 5)

Modules Credits

Microeconomic Analysis 30

The module builds on the concepts and models developed in the Level 4 Microeconomics module. Students continue to build competency in microeconomics using empirical data, statistics, policy analysis and microeconomic theory. The module will encourage students to understand the underlying behaviour of economic markets and financial systems in the context of uncertainty and risk.

Econometrics 15

This module focuses on the applied quantitative techniques which constitute the core of econometric theory and applications. It will focus on regression analysis, focussing on its essential theoretical background, and an emphasis on applied analysis. Students will develop the skills to conduct basic independent research, using appropriate information technology for applied econometric analysis, and evaluating and communicating the results of their work.

Research Methods for Accounting, Finance and Economics 15

The module is designed to enhance students’ conceptual understanding of current research and developments within the accounting and/or economics discipline(s) and to develop their capacity for independent critical thinking and self-managed learning. The module provides students with an appreciation of the issues involved in developing a research project, to enhance their understanding of published research and how to critique it, and to enable them to design, justify and defend their own research inquiry.

Data Analysis 15

An understanding of data and an appreciation of the key tools needed to analyse business data is becoming an essential skill for finance professionals. This module introduces students to the topic of data analytics and demonstrates how to apply it effectively in a business context. On this module, students will learn how to select and use tools to extract, validate and analyse data. Communication and visualisation of data, for example by using pie charts or cluster diagrams, will also be covered, allowing students to communicate their findings to both accounting and finance specialists and non-specialists.

Management Accounting, Planning and Control 15

The module builds on the introduction to management accounting studied at Level 4, and prepares students for advanced aspects of management accounting and finance at Level 6. This module will cover the design, use, application and evaluation of management accounting systems and techniques in organisations. There will be a particular focus on the practical commercial context and the theoretical underpinnings of budgeting and the planning, control and decision-making processes in organisations.

Financial Management 15

The module aims to develop students’ knowledge of investment appraisal techniques, valuation techniques and dividend policy. Students will learn how financial markets operate and how to evaluate the alternative sources of finance available to a business. The module builds on students’ knowledge of finance and financial management from Level 4, as well as preparing students to study more advanced aspects of financial risk management and investing at Level 6.

Ethics and Sustainability in Banking 15

This module focuses on two main issues, namely firstly the ethics of banking. For this, fundamental ethical considerations are covered and then they are applied to two key features of banking, namely charging interest (usury) and creating credit, in both historical and contemporary context. Secondly, in this module the topic of sustainability is introduced and applied to banking. Is the banking sector intrinsically unsustainable? Has banking been enhancing economic sustainability or has it been a factor in rendering economic activity unsustainable? Students will find answers to these questions and discover how banking can be made both sustainable and a key force towards ensuring environmental sustainability of the economy as a whole. Furthermore, students will encounter the UN Sustainable Development Goals and the link to banking.

Optional Sandwich Year

Modules Credits

Employment Experience 120

The aim of this module is to offer students to opportunity to undertake meaningful and relevant employment experience.   The employment experience will take the form of a 30 week long work placement and the student will be required to demonstrate the relevance of the work practice to the named route of study.  The employment experience will involve students’ demonstrating competency in key skills, such as communication and team working, and tasks relevant to their field of study.  This will necessarily require the student to apply learning from their studies to the work place, thus providing the opportunity to fully integrate their academic study with meaningful employment experience.

Year 3 (Level 6)

Modules Credits

Monetary and Financial Economics 15

The module will cover advanced topics in macroeconomics. This includes studies in international economics, financial engineering (hedge funds, derivatives and currency swaps) and a critical appraisal of forecasting techniques. The content of the module will cover economic welfare, trade cycles and sustainable growth. The module will encourage critical thinking, logic and reflection in assessing experimental and behavioural economics, and techniques for exploring issues such as ethics, responsible management and professional codes of practice. Macroeconomic theory will be used to critically consider issues such as orthodoxy versus heterodoxy. Statistics, numeric competency, models in macroeconomics and graphs will be prevalent in the module – this will include materials on GDP, measuring national income and output, and assessing money supply and policy.  Topics such as governance and law will be linked to macroeconomic frameworks, regulation and compliance.

Financial Risk Management 15

This module aims to develop your knowledge and understanding of the various types and nature of financial risk. It covers the main frameworks and techniques concerning the management of financial risk and will also enable students to understand the practical aspects of financial risk management.

Investments 15

This module aims to develop an understanding of the key concepts of investments.  It introduces the core investment principles and techniques which will enable students to make informed investment decision. It will also enable students to evaluate the fair price of financial assets and the usefulness of technical analysis.

Local Banking and the World Financial System 15

This module deals with the structure, challenges and trends in the world financial system, beginning with the Bretton Woods gold-dollar standard and its transformation to the petro-dollar standard, and discusses the implications for banking. It covers the developments of major economies to establish rival financial systems not centred on the dollar and the risks and opportunities this creates. At the same time this global perspective is compared to the needs of local bank customers and the differing designs of banking structures (centralized vs. decentralized) with their implications for equitable, sustainable, stable and non-inflationary growth without crises. In this context, the local (community) banking model is covered. The dichotomy between global finance and local finance will be linked to the challenges faced in attempting to achieve the UN Sustainable Development Goals and the role played by banking.

Critical Issues in Banking 15

This module is the most advanced module in the banking programmes and is aimed at equipping students to deal with the most critical issues in banking. Specifically, it seeks to develop awareness, knowledge and skills in understanding both the theories and practice of the core banking activities and how to manage banks in a sustainable and successful way over the long-run, compliant with regulations and also contributing to society in a positive way. The module will allow students to develop the ability to undertake a comprehensive evaluation of the banking business from a critical viewpoint and suggest steps to improve long-term bank performance and client as well as stakeholder satisfaction. Furthermore, students will encounter the UN Sustainable Development Goals and the link to banking in this module.

Bank Regulation 15

The financial system has been flawed for many years and despite ongoing and increasing efforts to regulate the financial services industry we have seen successive bank failures and systemic failures within the financial system. In many respects, banking regulation and regulators have contributed to these failures and this course will start to delve into the main causes of these failures, how regulators have introduced new regulation, their methodology and rationale and actual effect. Students will be able to recommend improved and simplified regulation to ensure the banking system serves the needs of the economy and society at large. As regulators are increasingly concerned with sustainability issues, students will also encounter the UN Sustainable Development Goals and the link to banking in this module.

Optional modules
  • Digital Finance 15 credits
  • Development Economics 15 credits
  • Volunteering in Banking 15 credits
  • Behavioural Economics & Finance - 15 credits
  • International Financial Reporting - 30 credits
  • Dissertation - 30 credits

Optional Credits

Monetary and Financial Economics 15

The module will cover advanced topics in macroeconomics. This includes studies in international economics, financial engineering (hedge funds, derivatives and currency swaps) and a critical appraisal of forecasting techniques. The content of the module will cover economic welfare, trade cycles and sustainable growth. The module will encourage critical thinking, logic and reflection in assessing experimental and behavioural economics, and techniques for exploring issues such as ethics, responsible management and professional codes of practice. Macroeconomic theory will be used to critically consider issues such as orthodoxy versus heterodoxy. Statistics, numeric competency, models in macroeconomics and graphs will be prevalent in the module – this will include materials on GDP, measuring national income and output, and assessing money supply and policy.  Topics such as governance and law will be linked to macroeconomic frameworks, regulation and compliance.

Financial Risk Management 15

This module aims to develop your knowledge and understanding of the various types and nature of financial risk. It covers the main frameworks and techniques concerning the management of financial risk and will also enable students to understand the practical aspects of financial risk management.

Investments 15

This module aims to develop an understanding of the key concepts of investments.  It introduces the core investment principles and techniques which will enable students to make informed investment decision. It will also enable students to evaluate the fair price of financial assets and the usefulness of technical analysis.

Local Banking and the World Financial System 15

This module deals with the structure, challenges and trends in the world financial system, beginning with the Bretton Woods gold-dollar standard and its transformation to the petro-dollar standard, and discusses the implications for banking. It covers the developments of major economies to establish rival financial systems not centred on the dollar and the risks and opportunities this creates. At the same time this global perspective is compared to the needs of local bank customers and the differing designs of banking structures (centralized vs. decentralized) with their implications for equitable, sustainable, stable and non-inflationary growth without crises. In this context, the local (community) banking model is covered. The dichotomy between global finance and local finance will be linked to the challenges faced in attempting to achieve the UN Sustainable Development Goals and the role played by banking.

Critical Issues in Banking 15

This module is the most advanced module in the banking programmes and is aimed at equipping students to deal with the most critical issues in banking. Specifically, it seeks to develop awareness, knowledge and skills in understanding both the theories and practice of the core banking activities and how to manage banks in a sustainable and successful way over the long-run, compliant with regulations and also contributing to society in a positive way. The module will allow students to develop the ability to undertake a comprehensive evaluation of the banking business from a critical viewpoint and suggest steps to improve long-term bank performance and client as well as stakeholder satisfaction. Furthermore, students will encounter the UN Sustainable Development Goals and the link to banking in this module.

Bank Regulation 15

The financial system has been flawed for many years and despite ongoing and increasing efforts to regulate the financial services industry we have seen successive bank failures and systemic failures within the financial system. In many respects, banking regulation and regulators have contributed to these failures and this course will start to delve into the main causes of these failures, how regulators have introduced new regulation, their methodology and rationale and actual effect. Students will be able to recommend improved and simplified regulation to ensure the banking system serves the needs of the economy and society at large. As regulators are increasingly concerned with sustainability issues, students will also encounter the UN Sustainable Development Goals and the link to banking in this module.

Optional modules
  • Digital Finance 15 credits
  • Development Economics 15 credits
  • Volunteering in Banking 15 credits
  • Behavioural Economics & Finance - 15 credits
  • International Financial Reporting - 30 credits
  • Dissertation - 30 credits

Please note the modules listed are correct at the time of publishing, for full-time students entering the programme in Year 1. Optional modules are listed where applicable. Please note the University cannot guarantee the availability of all modules listed and modules may be subject to change. For further information please refer to the terms and conditions at www.winchester.ac.uk/termsandconditions.
The University will notify applicants of any changes made to the core modules listed above.

Progression from one level of the programme to the next is subject to meeting the University’s academic regulations.

2020 Course Tuition Fees

 UK/EU

International

Year 1 £9,250 £13,500
Year 2 £9,250 £13,500
Year 3 £9,250 £13,500
Total £27,750 £40,500
Optional Sandwich Year £700 £700
Total with Sandwich Year £28,450 £41,200

If you are a UK or EU student starting your degree in September 2020, the first year will cost you £9,250*. Based on this fee level, the indicative fees for a three-year degree would be £27,750 for UK and EU students.

Remember, you don't have to pay any of this upfront if you are able to get a tuition fee loan from the UK Government to cover the full cost of your fees each year. If finance is a worry for you, we are here to help. Take a look at the range of support we have on offer. This is a great investment you are making in your future, so make sure you know what is on offer to support you.

UK/EU Part-Time fees are calculated on a pro rata basis of the full-time fee for a 120 credit course. The fee for a single credit is £77.08 and a 15 credit module is £1,156. Part-time students can take up to a maximum 90 credits per year, so the maximum fee in a given year will be the government permitted maximum fee of £6,935.

International part-time fees are calculated on a pro rata basis of the full-time fee for a 120 credit course. The fee for a single credit is £112.50 and a 15 credit module is £1,687.

*The University of Winchester will charge the maximum approved tuition fee per year. 

ADDITIONAL COSTS

As one of our students all of your teaching and assessments are included in your tuition fees, including, lectures/guest lectures and tutorials, seminars, laboratory sessions and specialist teaching facilities. You will also have access to a wide range of student support and IT services.

Mandatory

Printing and Binding

The University is pleased to offer our students a free printing allowance of £20 each academic year. This will print around 500 A4 mono pages. If students wish to print more, printer credit can be topped up by the student. The University and Student Union are champions of sustainability and we ask all our students to consider the environmental impact before printing. Our Reprographics team also offer printing and binding services, including dissertation binding which may be required by your course with an indicative coast of £1.50-£3.

SCHOLARSHIPS, BURSARIES AND AWARDS

We have a variety of scholarship and bursaries available to support you financially with the cost of your course. To see if you’re eligible, please see our Scholarships and Awards.

Key course details

UCAS code
N310
Duration
3 years full-time; 4 years full-time (sandwich)
Typical offer
104-120 UCAS points
Location
On campus, Winchester