Master of Science in BANKING Degree

The entire Master of Science in Banking Degree program is now available on the Internet.

 The Master of Science in Banking Degree program, which was developed in a collaboration between TGIF and Mercy College, is based on a model that has been successfully used for graduate-level education. This degree program differs from existing graduate programs, which typically focus on finance, but not on banking.

 The general learning objectives of the program are oriented to the student’s application of an integrated knowledge of six areas of banking to real world situations. The six areas are the financial system, bank operations, bank lending, securities markets, international banking and strategic management for financial institutions.

 The content of the program is also drawn from the fields of accounting, law, economics, finance, management and marketing. This learning process promotes the development of interpersonal skills by assigning students to cohorts and requiring them to take all of their courses with the same group of colleagues.

 The curriculum of the program is divided into six 6-credit courses, each of which covers an area of banking and relates to a general learning objective. The degree requirement is 36 credits. Students are expected to complete the program in two years, including two summer sessions.

 The entire Master of Science in Banking Degree program is now available on the Internet.

 

Admission Requirements

 1.    A Baccalaureate Degree from an accredited college or university.

2.     An acceptable record in academic work as reflected by official transcripts

3.     At least two years of prior work experience.

4.     Two letters of recommendation that provide evidence of personal and professional qualifications for graduate study.

Program

Students will earn a Master of Science in Banking Degree upon successful completion of this two-year, 36 credit, program. The entire program is available at both the New York campus at 80 Maiden Lane, Dobbs Ferry, and on the Internet.

Classroom: All courses in the program may be completed at either of the following locations: 

The Global Institute of Finance & Banking, 80 Maiden Lane, New York, NY 10038 

Mercy College, 555 Broadway, Dobbs Ferry, N Y 10522

Online:       All courses in the program may be completed online. This option allows students anywhere in the world to participate in this innovative academic experience.

Term Schedule

Students will take one 6 credit banking specific course per semester as offered

 Banking Courses

MS    510    The Financial System

MS    520    Bank Operations

MS    530    Bank Lending

MS    540    Securities Markets  

MS    550    International Banking

MS    560    Strategic Management for Financial Institutions

COURSE DESCRIPTION

 

MS 510      The Financial System

An introduction to the study of the banking and securities industries. Establishes the functions of financial intermediaries and financial markets in the financial system. Examines the role of banks, thrifts, and nondeposit intermediaries as well as the roles of the various financial markets, including money markets, bond markets, and equity markets in meeting the needs of lenders and borrowers, including governments, businesses, and consumers. 

MS 520      Bank Operations

A study of bank operations.  Introduces the system of bank accounting. Topics include the deposit operations of banks in the context of their regulatory environment; bank payment systems, with emphasis on check clearing operations and electronic funds transfer systems; audit and internal control systems in computerized banking operations; bank examination processes; operational planning; and human resource policies and practices.

MS 530      Bank Lending

A study of bank lending. Provides techniques of financial statement analysis, with emphasis on interpretation and understanding of financial statements.  In addition, it will present an examination of corporate finance including the time value of money, asset valuation, optimal management of short term assets and liabilities, capital budgeting, capital structure, and risk concepts. Examines the process of commercial lending, including credit analysis, risk assessment, loan pricing and loan documentation.

MS 540      Securities Markets

A study of Securities markets. Examines the financial markets, with emphasis on the processes by which securities are issued in the primary markets and traded in the secondary markets. Examines the techniques of bank asset and liability management in relation to the securities markets. Examines the business of investment banking as a service to bank clients.  

 MS 550      International Banking

 A study of international banking. It examines the techniques of financing international trade, including the methods of handling documentary collections and letters of credit; the foreign exchange markets with emphasis on their relationship to bank management and client service; current practices in global finance as utilized by multinational enterprises.  

 MS 560      Strategic Bank Management

 This course requires students to integrate knowledge acquired in the other courses under the perspective of strategic management.  Topics include leadership, strategic planning, organizational structure, marketing, budgeting, human resource development, and overall performance evaluation.  Students will work together in teams to develop a strategic plan for a bank and/or securities firm, the features of which will be presented in a case study.  In addition, each student will complete an individual research project.