Banking & Finance degree programme
Banking is a major economic sector, with many opportunities. When you graduate, you will be working in an exciting and constantly evolving field.
Banks play a fundamental role in the economy.
They provide a wide range of services that enable individuals and businesses to launch their projects. The security they provide helps to build trust between parties in all transactions. This is a very attractive sector for students, as there are many opportunities and a wide variety of jobs. With a degree in banking and finance, you will have all the skills that recruiters are looking for and you can start an exciting career.
The importance of banking
The economy relies heavily on banks. They act as trusted intermediaries in many contexts. They provide a safe environment for individuals and businesses to deposit their money. They alsomanage transactions, ensuring a high level of security and trust between different parties. They enable fast international money transfers and provide payment systems.
- Banks, especially central banks, also play an important role in regulating and stabilising the economy.
They work with governments to implement policies aimed at reducing inflation, adjusting interest rates, etc. They also help individuals and businesses achieve their goals. Because they have a large reserve of money, they can lend some of it to fund personal projects, such as buying a house, or business projects, such as buying a new warehouse, a larger office or investing in research and development. Businesses also benefit from insurance to manage risk.
- Banks can also provide advice to their customers
For example, they can help businesses make the best investment decisions. They also help individuals with services such as wealth management or retirement planning. Starting your studies in banking and finance is a great way to prepare for a promising career. The sector offers a wide range of opportunities and there are many ways to get promoted. As banking is a global sector, there is also the possibility of an international career. Banking also offers high salaries and bonuses.
In addition, banking is a modern sector that embraces new technologies to provide a better service.
The future of banking
Digital technologies are changing the face of banking. FinTech is one of the most important aspects of this development. Also known as financial technology, FinTech is an umbrella term that refers to new technologies in the sector.
For example, payment apps or banks that operate entirely online are some of the best-known innovations that have come about thanks to FinTech. New technologies also make it possible to reduce costs, using AI and machine learning to automate basic tasks and be more efficient in their more value-added tasks. More innovations will emerge in the coming years, promising an exciting future for professionals in the sector.
Recent years have also seen the rise of banking as a service (BaaS), which has the potential to disrupt the sector. If a company wants to offer banking services to its customers, it has to build an entire branch, comply with all the regulations and adapt. This is costly and time-consuming. This is where BaaS comes in: banks can now allow third parties to access their system and offer their services through their app, website, etc. The user interacts with the company throughout the process, but everything is managed by the bank. It opens the door to a lot of innovation and banks will have access to new markets, will have new ways to compete and will generate more revenue by offering these services.
A degree in banking and finance is fundamental to develop your innovative mind and be ready for an ever-changing sector.
Career prospects after obtaining a degree in banking & finance
With a degree in finance and banking, you can work in many companies, not just banks. You will have acquired skills in corporate finance that many companies are looking for, such as risk management or making investment decisions. This is why you can join the finance department of an international corporation or even a consulting firm. If you work for a bank, you can specialise in a particular field, such as private equity.
If you work for a bank, your day-to-day job will involve dealing with customers, whether individuals or companies. You will listen to their needs and offer advice and financial products. You can work in a physical branch or for an online bank. There are also opportunities for international careers in the largest banks.
After graduation, you can work as a:
- Financial analyst
- Private Equity Analyst
- Investment Banking Analyst
- Impact Investing Analyst
- Wealth Manager
Key recruiters in Banking & Finance
What skills will you gain from studying banking & finance?
Studying to obtain a banking and finance degree will give you all the skills you need to work in the sector.
Whether you work for a bank or a company, you will have acquired the skills that you need in corporate finance: valuation, capital structure or payout policies… You will also develop your critical thinking to value companies and design efficient financial policies. You will also develop a business-oriented mind, with courses on corporate strategy and the fundamentals of corporate law.
During the programme, you will also acquire horizontal skills such as leadership, management and cultural awareness, as well as soft skills such as problem solving, communication and relationship building, adaptability...
Why should you pursue a degree in banking & finance at EDHEC Business School?
EDHEC Business School offers an MSc in Corporate Finance & Banking that will help you achieve your goal.
The expertise of our school in finance is internationally recognised. In 2022, the Financial Times ranked our Master in Finance as the 5th best in the world. Join our programme and prepare for an exciting career in a dynamic and evolving sector.
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