MRes Money, Banking & Finance
Why study for an MRes in Money, Banking & Finance?
The MRes is a one-year full-time Masters degree intended for students who are planning to become academic researchers or consultants, and who would benefit from structured preparation for their PhD studies, or who are required to complete a research training programme as part of their doctoral studies. The programme is suitable both for students who are hoping to continue their doctoral study at Lancaster and those who decide to complete their PhD at another university.
The MRes has two purposes:
1. to provide intending PhD students with a better grounding in a specialist subject area
2. to provide intending PhD students with the qualitative and quantitative research skills they will need in order to undertake their research.
How does the MRes differ from the MSc?
View MRes Money, Banking & Finance programme structure here.
The taught element of the MRes is based on the MSc in Money, Banking & Finance programme during Term 1. However, during Term 2 and alongside optional advanced modules, it also incorporates a specialised module on research skills, essential to successful PhD study in accounting and finance. Finally, during Term 3 (the final Summer term), MRes students are required to produce a dissertation that will typically take the form of a PhD research proposal, enabling a smooth transition from the MRes to doctoral study.
Because of the unique structure of the MRes in Money Banking & Finance, we are able to offer transfer opportunities for our own MSc students to join the MRes programme after Term 1, provided that they have attained sufficiently excellent results. Such transfers are always subject to the approval of the Director(s) of Study in the Department.
Progressing to Doctoral Research programmes
Students who achieve distinction standard (i.e. 70% or more) both for the MRes overall and the dissertation element would be allowed to register as PhD students the following year.
MRes in Money, Banking & Finance: Fees for 2013/14
For academic year 2013/14, the fees for the MRes in Money, Banking & Finance are as follows:
UK or EU students: £13,000 (GBP)
Non-EU students: £18,500 (GBP)
More information is available on funding opportunities for MRes and doctoral study.
Admissions criteria for MRes in Money, Banking & Finance
Entry requirements for the MRes in Money, Banking & Finance are as for the MSc in Money, Banking & Finance programme. However, we will also take into account an applicant's potential for excellence in research and potential for progression to successful doctoral level study. Therefore, offers for MRes study are typically made following the advice of the Department's Directors of PhD Study.