Taught course

Capital Markets, Regulation and Compliance

Institution
University of Reading · ICMA Centre
Qualifications
MSc

Entry requirements

You are normally required to have a minimum 2:1 honours degree (or equivalent from a university outside the UK).

Degree Discipline – Any discipline – no quantitative requirement

GMAT – No requirement

Months of entry

September

Course content

In this programme, skills are developed through creating a broader understanding of financial firm risk-taking, accountability, governance. The emphasis is on a deep analysis of mainstream and critical authorship. We will challenge current and past thinking on the role of financial institutions and markets. The programme particularly encourages students to examine regulatory structures and concepts in the context of recent and past financial crises.

Students will build the skills and knowledge needed to gain an understanding of financial reform processes and their consequences for markets around the world. Rigorous classroom teaching coupled with extensive reading provides students with a sound theoretical basis. An understanding of substantive legal issues is also developed.

Contributions by industry and regulatory experts introduces students to the nuances of real world application of theoretical constructs. Practical case studies, current legal positions and interactive student discussions or presentations are used in most lectures. In addition legal, academic, practitioner and regulatory input is gained through specialist guest lectures and visits as per the ability of the year-group.

Key topics

Some key topics taught within this degree include:

  • The causes and consequences of risk-taking – an in-depth understanding of the financial crisis
  • Solvency II, Basel, UCITS, company law and corporate governance requirements
  • The roles, structure and responsibilities of key regulatory and supervisory bodies including the Basel Committee on Banking Supervision, IAIS, IOSCO, European Systemic Risk Board, SEC, FINRA, UK FSA and its successors, Bank of England and other central banks, EBA, ESMA, EIOPA, BaFin, global, regional and national regulators.
  • Risk appetite and the role of the Board of Directors, Chief Risk Officer and Senior Management
  • How to build a risk management framework and a compliance plan
  • Rationales for regulation and optimal regulatory structures
  • Prudential and conduct of business controls
  • Stakeholders and the consequences of regulatory and governance failures

Expert contributors

As part of the MSc Capital Markets, Regulation and Compliance course, you will be taught by a number of experts and academics with a wide range of professional experience. This includes:

  • Dr Joerg Krause – Vice-Chair of the Supervisory Forum of the International Association of Insurance Supervisors (IAIS)
  • Ms Latha Balakrishnan – Former Director of Compliance at the British Business Bank
  • John Christensen – Co-founder of the Tax Justice Network

Information for international students

  • TOEFL (Test of English as a foreign language): Overall score of 100 with no less than 20 in Listening, Writing and Reading and 21 in Speaking
  • IELTS (British Council International English Language Test): Score of 6.5 overall with no component less than 6 when attending the 6-week pre-sessional English course offered by the University of Reading. Entry to this pre-sessional course with a score of 6.5 fulfils your English language requirement.

Please note that students not attending a Pre-Sessional course will need to pass IELTS with an overall score of 7 and no component less than 6.0.

Fees and funding

UK students
£16,900
International students
£24,300

Qualification, course duration and attendance options

  • MSc
    full time
    9-12 months
    • Campus-based learningis available for this qualification

Course contact details

Name
Global Recruitment Team
Email
student.recruitment@reading.ac.uk