Master's Programme Banking and Finance
Curriculum (2024W)
Master of Science
Duration/ECTS-Credits
4 semesters/120 ECTS-Credits
Mode of Study
Full-time
Language
English
Requirements
Relevant bachelor's degree/equivalent and Language Certificates
Faculty
Faculty of Business and Management
Qualification Level
Master (Second Cycle)
ISCED-11: Level 7, EQF/NQF: Level 7
ISCED-F
0412 Finance, Banking and Insurance
Study Code
UC 066 974
Application
It is recommended to commence the programme in the winter semester in order to avoid study delays.
The curriculum is the basis of a degree programme. A look at the curriculum for the Master's Programme Banking and Finance will give you a detailed overview of the structure, content, examination regulations and qualification profile of this Master's degree.
The curriculum can clarify several important questions before you start your studies. For example, which criteria have to be fulfilled for enrolment in the Master's Programme Banking and Finance, how long the programme takes, which modules have to be completed and much more.
The curriculum 2024W currently applies to the Master's Programme Banking and Finance.
Information on the Curriculum (2024W)
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 Bulletin September 5th 2024, Issue 88, No. 1086 (Equivalence list) - English Version
- English version of the Curriculum (from October 1st 2024)
- University of Innsbruck Bulletin April 2nd 2024, Issue 32, No. 642
Requirements
Relevant bachelor's resp. diploma degrees at the University of Innsbruck:
- Bachelor's Programme Management and Economics
- Bachelor's Programme International Economics and Business Studies
- Diploma Programme International Economic and Business Studies
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.
The following qualitative admission requirements according to § 63a Para 1 Universities Act also apply:
- 10 ECTS-equivalents in the areas of economics, mathematics and/or statistics
- 10 ECTS-equivalents in the areas of investment and financing, bank management, financial management or risk management
- In the winter semester 2024/2025, a fundamentally revised curriculum for the Master’s programme Banking and Finance will come into force. The Master's programme Banking and Finance and all other English-language Master's programmes at the Faculty of Business and Management have been fundamentally revised. The courses now include a more flexible range of (research) topics. One change is that the Master’s programme Banking and Finance and all English-language Master's programmes now have as an additional qualitative admission requirement a GMAT with at least 550 points or GMAT Focus with at least 525 points.
For graduates of the Faculty of Business and Management at the University of Innsbruck, the GMAT is waived for an overall grade between 1.0 and 2.8. This admission requirement holds in addition to the existing requirement of 10 ECTS-equivalents 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).
5.0 ECTS-Credits: Principles of Behavioral Finance
5.0 ECTS-Credits: Principles of Mathematical Finance
5.0 ECTS-Credits: Fundamentals of the Financial Markets
5.0 ECTS-Credits: Corporate Finance
5.0 ECTS-Credits: Statistical Methods and Programming
5.0 ECTS-Credits: Empirical Finance
5.0 ECTS-Credits: Financial Institutions
5.0 ECTS-Credits: Ethics and Sustainability
5.0 ECTS-Credits: Asset Allocation and Wealth Management
3 out of 4 of the following modules:
5.0 ECTS-Credits: Financial Econometrics
5.0 ECTS-Credits: Methods in Behavioral Finance
5.0 ECTS-Credits: Market Efficiency
5.0 ECTS-Credits:Financial Reporting and Controlling
5.0 ECTS-Credits: Derivatives
5.0 ECTS-Credits: International Finance
20.0 ECTS-Credits: Elective Modules
25.0 ECTS-Credits: Master’s Thesis
5.0 ECTS-Credits: Research Colloquium for Master Thesis
| Semester | ECTS-AP | Titel |
|---|---|---|
| 1 | 5 | Principles of Behavioral Finance |
| 1 | 5 | Principles of Mathematical Finance |
| 1 | 5 | Fundamentals of the Financial Markets |
| 1 | 5 | Corporate Finance |
| 1 | 5 | Statistical Methods and Programming |
| 1 | 5 | Empirical Finance |
| 2 | 5 | Financial Institutions |
| 2 | 5 | Ethics and Sustainability |
| 2 | 5 | Asset Allocation and Wealth Management |
| 2 | 5 | Financial Econometrics (choose 3 out of 4 modules) |
| 2 | 5 | Methods of Behavioral Finance (choose 3 out of 4 modules) |
| 2 | 5 | Marked Efficiency (choose 3 out of 4 modules) |
| 2 | 5 | Financia Reporting and Controlling (choose 3 out of 4 modules) |
| 3 | 5 | Derivatives |
| 3 | 5 | International Finance |
| 3 | 20 | Elective Modules |
| 4 | 25 | Master’s Thesis |
| 4 | 5 | Research Colloquium for Master Thesis |
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.
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 | 37.5 | = 100% | |
| 2 | GOOD | 40.7 | ||
| 3 | SATISFACTORY | 15.6 | ||
| 4 | SUFFICIENT | 6.2 | ||
| 5 | INSUFFICIENT |
March 2025
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).
Forms
- Application for the Master's Thesis (inclusive english translation)
- Cover Sheet for the Master's Thesis
Forms and Guideline for submitting the Master's Thesis (valid since 01.11.2023)
Recognitions (in German only)
Contact and Information
Examination Office
Location Universitätsstraße 15
Associate Dean of Studies
Mag. Mag. Matthias STEFAN, PhD
Dean of Studies
Univ.-Prof. Mag. Dr. Mike Peters