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Come and see our City of London campus to see what we can offer you.

Full-time degree

BSc (Hons) in Finance, Investment & Risk

Do you want a career in investment banking? On this degree programme you will learn in a business-like environment and gain experience of the financial services industry.

Students in classroom using laptops

About the programme

Our BSc in Finance, Investment & Risk will teach you the core elements of investment, financial analysis, and risk management that underpin sound decision-making. 

We will introduce you to the practical elements of trading a variety of financial instruments within the contemporary market environment by Amplify Trading. And by attending real-life trading simulation sessions in the City with investment experts, you'll develop the practical skill set that many financial institutions actively seek.

You will learn how to evaluate the impact of changing regulatory and operating conditions and gain an understanding of the local and global tensions in banking and financial services. 

Ethics and professional standards form a key component of the programme and will be taught at every stage.

Key facts

  • Learn in a business-like environment and gain experience of the financial services industry
  • Study in the heart of the City of London
  • Membership of the London Institute of Banking & Finance while studying
  • Access to networking opportunities and events
  • 100% of our students are either in full-time employment or in further study within six months of graduating
  • We were voted joint first in London for overall student satisfaction (NSS 2018), our banking and finance degrees help you to focus on your future
  • Applications must be made via UCAS

"The lecturers are really helpful with setting up meetings. They have lots of connections because they work in this industry!"

Hazel Smith, student.


First-year modules

Foundations of economics (compulsory – 20 credits)

  • Microeconomics: resource allocation, demand, supply and price, production and costs, market structure, input markets and market failure
  • Macroeconomics: inflation, unemployment, economic growth, monetary policy, fiscal policy, foreign exchange, and balance of payments

Personal development and employability (compulsory – 20 credits)

  • Self-management
  • Team work
  • Leadership and influencing
  • Negotiation
  • Self-awareness of strengths and weaknesses
  • Career planning
  • Communication – written and oral
  • Proficiency in Word, Excel, PowerPoint, VBA or Python and selected financial databases

Introduction to banking: Institutions, law, regulation and ethics (compulsory – 20 credits)

  • An overview of the financial services industry institutions and their role
  • The risks financial services industry institutions face
  • The need for a legal and regulatory framework
  • Ethical theories
  • The banker-customer relationship, duties to clients and employers
  • Insolvency
  • Professional behaviour and ethical dilemmas, conflicts of interest
  • Insider dealing, money laundering, internal corruption
  • Tax legislation
  • Principles of finance (compulsory – 20 credits)

    • The time value of money with applications to valuation
    • Portfolio theory and the risk-return concept
    • Efficient markets and behavioural finance
    • Corporate governance, stewardship and agency
    • Financial markets and instruments – notably bonds, equities, and derivatives

    Introduction to financial and management accounting (compulsory – 20 credits)

    • Financial accounting: recording transactions, preparing financial statements, and interpreting of financial accounting data
    • Management accounting: overheads, relevant costing and approaches, cashflows, and budgeting

    Introduction to quantitative techniques for business and finance (compulsory – 20 credits)

    • Maths – basic algebra and calculus
    • Statistics – collecting and summarising data, index numbers, probability and selected distributions, sampling, estimation and hypothesis testing, correlation, simple linear regression and forecasting
    • The module makes use of Visual Basic for Applications (VBA) or Python and statistical/econometrics packages

    Second-year modules

    Corporate finance and valuation (compulsory – 20 credits)

    • Investment, financing, and dividend policies
    • Company valuation
    • Strategic advice
    • Event studies

    Foreign exchange markets (option – 20 credits)

    • The operations of foreign exchange markets
    • Market microstructure
    • Models of exchange rate determination
    • The impact of exchange rate regimes on monetary and fiscal policy

    Derivatives and risk management (compulsory – 20 credits)

    The different types of derivative instruments' characteristics, covering:

    • pricing
    • hedging
    • forwards
    • futures
    • options and swaps

    Portfolio management (compulsory – 20 credits)

    • Key concepts of modern portfolio theory – and application to portfolio selection and management – fundamental to those specialising in investments
    • Investor risk-return profiles
    • Portfolio construction and diversification
    • Security selection, optimal and efficient portfolio selection
    • The main equilibrium models for asset pricing, and performance evaluation

    Second-year option modules

    Applied econometrics (option – 20 credits)

    An application of statistical and econometric methods to a range of problems in banking and finance, including:

    • a review of sampling
    • estimation and simple linear regression
    • multiple linear regression
    • non-linear relationships
    • dummy variables
    • model specification
    • failure of regression assumptions
    • limited dependent variables
    • time-series
    • non-stationarity
    • panel data

    The module makes use of VBA or Python and statistical/econometrics packages.

    Financial accounting (option – 20 credits)

    This module develops the knowledge and understanding of financial accounting and accounting information within recognised accounting standards and legal requirements. 


    The focus is on:


    • principal financial statements
    • financial reporting systems and quality
    • analysis of tangibles, inventories, long-lived assets, taxes, debt, off-balance-sheet assets and liabilities, and share capital

    Emerging markets (option – 20 credits)

    • An overview of economic, financial, political, legal, technological, socio-cultural and ethical issues
    • Characteristics
    • Development stage and growth
    • Currency
    • International capital flows
    • Islamic finance
    • Crises and contagion

    Fintech (option – 20 credits)

    This module is taught through a combination of workshops and guest speakers from the industry and covers the development of e-commerce, alongside other modern technologies such as:

    • social media
    • the importance of disintermediation
    • the rise of challengers
    • peer-to-peer platforms (P2P)
    • crowdfunding
    • cryptography
    • cryptocurrency (eg. bitcoin)
    • blockchain
    • big data
    • cybersecurity
    • regtech
    • a potentially cashless society

    Third-year modules

    Equity investment (compulsory – 20 credits )

    • Conservative key investment management strategies – long only, eg, passive index tracking or active style investing
    • Less traditional key investment management strategies – eg, long-short equity market neutral or style rotation
    • Traditional and advanced portfolio performance evaluation techniques
    • Non-traditional equity funds, eg sovereign wealth funds, socially responsible investment funds, exchange traded funds, and Islamic funds

    International finance (compulsory – 20 credits)

    International corporate finance within the context of managing a multinational corporation and controlling international operations, including:


    • international sources and investment of funds
    • identification of corporate foreign exchange risks
    • tax legislation and transfer pricing
    • ethical issues

    Fixed income and credit risk (compulsory – 20 credits)

    • An overview of fixed income markets and securities
    • Different types of bonds and new, developing, and international bond markets
    • Interest rate modelling, including term structure, yield spreads, risk analysis, options and swaps
    • Credit risk modelling, including pricing credit derivatives
    • Bond portfolio management

    Investment banking (compulsory – 20 credits)

    • Financial and strategic-related client advice
    • Raising financial capital
    • Underwriting
    • Mergers and acquisitions
    • Corporate restructuring, including ring-fencing
    • An overview of services such as market making, derivatives and equity securities trading, and fixed income instruments, currencies, and commodities (FICC) services

    Third-year option modules

    Corporate strategy (option – 20 credits)

    • The goals and key elements in corporate strategy formulation and implementation
    • Core business definition
    • Internal and external environment
    • Peers’ strategy

    Alternative investments (option – 20 credits)

    • Alternative investments beyond the traditional investment portfolios, such as equities and bonds
    • Vehicles, methods and industries, including hedge funds, commodities, real estate, energy, distressed securities and private equity

    Capstone Project (option - 20 credits)

    An independent, research-based project – including work-based learning and knowledge acquired in the degree – where you will collect, analyse and present information and data. Research framework sessions cover:

    • planning, research objectives and questions
    • literature review
    • data collection
    • ethical issues
    • methodology
    • analysis and write-up

    Private equity and venture capital (option – 20 credits)

    • Private equity and venture capital
    • Deal-making
    • Fundraising
    • Venture valuation
    • Investment exits
    • Innovation outputs
    • Corporate governance
    • Ethical issues

    Read the full programme specification here

    "Everyone here is so supportive and ready to help you out with anything, from the full-time programme team to the lecturers, who offer an easy approach and great advice."

    Adella Formosa, student

    See more student stories

     

    Entry requirements

    We normally make offers of AAB/ABB at A Level. (This excludes General Studies, Critical Thinking, Extended Projects and Citizenship Studies).

    All applicants are usually required to hold a minimum of GCSE Maths Grade B or Grade 6 + GCSE English Grade C or Grade 4. Ideal applicants will have studied one of the following A Levels: Mathematics, Further Mathematics, Economics, Statistics or Physics.

    We accept the BTEC Extended Diploma at D*DD and the Diploma and Subsidiary Diploma along with other qualifications. We also accept the International Baccalaureate (30-32 points) and holders of the AAT/ACCA diplomas are encouraged to apply. Offers may vary.

    Our Financial Capability qualifications can contribute to our entry requirements, and will help you stand out from other applicants.

    Assessments

    You will be assessed in a variety of ways throughout your studies including assignments and exams. You might be assigned to:

    • write a blog, case study, essay or report
    • take part in a forum discussion, group assignment or project
    • prepare an individual project or dissertation, portfolio or presentation
    Exam questions may be based on Mathematics, require a short answer or an essay. We use different types of exams including multiple choice tests, unseen exams, seen exams, take home or open book.

    Find out more about how we assess our students

    Our faculty

    Our team of lecturers have a combined experience of both academic and practitioner experience. Many of our lecturers have worked in the financial services industry and keep up to date with industry regulations and news. This means they can show you how theory relates to practice. Our experts will give you:

    • guidance on risk management protocols, the psychology of trading and its effect on the management of risk
    • personalised 'trading reviews' of your performance

    Meet our lecturers
    4

    Careers

    Graduates of this programme are likely to go on to careers in investment banking roles as:

    • traders
    • fund and asset managers
    • analysts and brokers

    You will be supported throughout your studies to gain summer internships to give your career a head start.

    The programme is also an excellent foundation for further specialist studies in Finance at masters level.

    Find out about our careers and employability services

    Frequently Asked Questions

    Our students automatically receive affiliate membership to Student Central, which covers all the universities in London.


    This will give you the opportunity to meet other students in London and give you access to over 40 clubs and student societies. You will also be able to take advantage of the discounted gym and get involved with Student Central’s weekly social events and activities.

    Yes. We have a dedicated Careers and Employability Service at our Lovat Lane campus who offer one-to-one support to students.


    We will help you with everything – from putting your CV together and writing a cover letter writing, to help finding an internship or graduate position. We also host a series of online and campus events. 

    We fund and support our Student Societies to organise social events, trips and the End of Year Student Party. And we work with student representatives to make sure you have the best possible time while you’re studying with us.

    What’s more, London is one of the world’s most historic and vibrant cities, and an excellent place to live as a student. From our Lovat Lane campus you can easily reach:


    • the West End – well known for its shops and theatres
    • the Southbank, a cultural centre and home to Shakespeare’s Globe, the National Theatre, British Film Institute and the Tate Modern
    • Brick Lane – famous for its markets, bagels and curry houses
    • the Olympic Park – site of the 2012 Olympics, and great for walking, shopping and eating out.

    And there’s so much more!

    Looking for further information?

    If you have any questions about our banking and finance programme or applying to us, please contact the Full-time Programme Team on +44 (0)20 7337 6293/4 or email ftp@libf.ac.uk 

    Man writing notes in a classroom


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