M.Sc. Banking And FinanceEastern Mediterranean University
Having been providing higher education in TRNC since 1979 with all programs accredited by the Turkish Higher Education Council (YK).
|Delivery Mode||On Campus|
|Study Option||Full Time|
|Tuition Fee||$ 16000|
|Start Date||September 2014|
Banking and Finance Master's Program (On-Campus with/without Thesis)
The Master of Science (M.S.) program in Banking and Finance is designed to equip graduate students with specialized analytical skills applicable to their professional interests in corporate finance, investment appraisal/cost-benefit analysis, project finance, financial risk management, commercial and investment banking, international finance, and financial economics. The graduate students may earn their M.S. degree in Banking and Finance in two ways: With thesis or non-thesis option. With thesis option, students take four core courses plus three elective courses and a master’s thesis. With the non-thesis option, students take five core courses plus the completion of a further five elective courses and a term paper. In addition to the MS degree, the program has strong and established international collaborations. Graduate students can take their elective courses on-line from the Canadian Securities Institute (CSI) obtain the professional designation called Associate of the Institute of Canadian Bankers (AICB). Additionally, through our established cooperation with CSI, students can also take Canadian Securities Course (CSC) which is recognized as the industry benchmark and delivers the training employers demand particularly for securities dealership/agent positions. Lastly, students can also enroll in the CSI’s Personal Financial Planner (PFP) program, a leading industry standard, ensuring that graduates gain the knowledge, skills and tools to evaluate and manage various wealth forms to optimize their clients’ financial situations. Completing the PFP program will qualify you to write the Certified Financial Planner (CFP) examination offered by the Financial Planners Standards Council (FPSC) of Canada. Through the elective courses, the MS in Banking and Finance Program students can take the required courses at EMU on-line and prepare themselves to write the CFP examination by successfully completing the Canadian Securities Course (CSC), Financial Planning I and II courses. Furthermore, the Department of Banking and Finance has an agreement with the John Deutsch International Executive Programs of Queen’s University (Canada) that enable graduate students to earn the Queen’s University Certificate in Investment Appraisal and Risk Analysis while studying at EMU. This is a renowned professional certificate in the area of investment appraisal that graduate students can obtain while studying at Eastern Mediterranean University. By taking three courses from the discipline of investment appraisal at EMU, students qualify to take the Queen’s University comprehensive examination in this field at EMU, and if successful, then are awarded this professional certification.
Applicants are expected to satisfy general admission requirements of the Institute. Applicants to the MS program should have undergraduate degree with a CGPA greater than 2.5 / 4.
Applicants are expected to satisfy general admission requirements of the Institute. In general, students who wish to pursue a given graduate program in the Faculty of Business and Economics, but have completed a BA/BS in another field may be admitted to the program, subject to successfully completing selected prerequisite courses from the related department.
Documents needed for application to Graduate Programs
An official transcript of all university-level courses taken. A comparative mark/grade table if CGPA on the transcript is not out of 4.00.
Attested photocopies of diplomas received from a university or equivalent institutions (i.e. 4 years study bachelor degree). English translations of these documents are necessary if they are in any language other than English.
Documentation of scores received for English and academic proficiency exams/tests. This is not valid for the programs in which the medium of instruction is Turkish. Native speakers should indicate the place of birth and citizenship. All others should provide documents of any one of the below given English Proficiency Tests.
Three letters of reference (not required for EMU graduates).
Give details of any grant/scholarships that you have already been awarded (valid for your studentship at EMU) (add documents).
Give details of any application(s) for a grant/scholarship that you have made (add documents).
Statement of Purpose / Intention (Please submit on a separate sheet: Your purpose in applying to the program chosen, explaining your motivation as well as the areas of specialization which would be of interest to you within the discipline).
A photocopy of your passport or I.D. card.
Two passport-sized (approx. 6 cm x 5 cm) photographs.
Program specific documents: Architecture (Ph.D. & Master): Portfolio.
Candidates are required to submit a document of financial guarantee showing that sufficient funds are available for tuition and living expenses.
General Admission Requirements
Applicants for master‘s programs with thesis must possess a bachelor’s degree with CPGA > 2.50/4.00. For some programs such as professional degree programs, CGPA‘s of 2.00-2.49 may be acceptable subject to Faculty Board decision. Applicants for doctoral programs must possess a master‘s degree. The Turkish citizens should have an ALES score of a minimum of 55 received within last three years. GRE (mathematical) = 610 or GMAT= 450 are equivalent to ALES=55. In some programs additional requirements may be expected. For any further details related departments should be consulted. However students applying for Non-thesis Master‘s programs are exempted from ALES.
An applicant who does not possess the ‘ALES’ certificate may register as a special student. No diplomas are issued for special students. However such students receive a document issued by the Registrar‘s Office specifying courses taken and grades obtained. At most half of the credits necessary to complete the program can be transferred from the program registered as a special student to the current program of study when the student applies as a regular student.
English Language Requirement
For the programs whose medium of instruction is English all written work is assessed at standard international levels of academic English. Hence, all applicants for whom English is a second language is required to present a recent TOEFL or IELTS score or to pass a proficiency examination organized by EMU. English Language Tests and their minimum scores accepted by EMU (valid for both masters and doctoral programs) are listed below. The tests should be taken within last two years except for ÜDS which is valid for lifetime and KPDS valid for 5 years.
Faculty Research Interests
Public Finance, Economic Development, Taxation, Investment Appraisal, Project Finance and Risk Analysis, Micro And Small Enterprise Finance, Financial Liberalization, Financial Crises and Restructuring, Banking Structure and Performance, Social Capital, Dividend Policy, Equity Offerings, Capital Structure, Emerging Markets Finance, Corporate Governance, International Economics, International Trade Theory And Policy, International Finance, Exchange Rate, Economics Policy and Regimes, Econometrics and Growth Models, Microeconomic Theory and Policy, Structure-Conduct and Performance in Banking Financial System and Economic Growth, Governance and Ownership Issues in Banking, Banking Crises and Banking Failures, Profitability in Banking, Capital Adequacy in Banking, Supervision And Regulation, Marketing Strategies in Financial Services, Banking in EU, Financial Marketing, Monetary Union.