Bachelor of Commerce in Banking, Finance and Investments AND Economics

Bachelor of Commerce in Banking, Finance and Investments AND Economics

MQF Level

6

Duration and Credits

3 Years

180 ECTS

Mode of Study

Full-time

Banking, Finance and Investments

Over the course of the Bachelor of Commerce in Banking and Finance, you will gain essential insights on how banking and finance make part of a dynamic industry to drive global economies. The variety of taught units comprise the foundations and intricacies of financial management, risk assessment, and investment strategies, which are part and parcel with the principles of banking operations, equity markets, and regulatory frameworks that shape the sector's evolution. The course is designed to equip you with the ability to analyse market trends, optimise investment portfolios, and prepare you to make informed decisions for when you will work with a prospective company. By the end of the course, you will have acquired a refined skillset that will hone your problem-solving skills and prepare you to thrive for a rewarding career in banking and finance.


Economics

The Bachelor of Commerce in Economics is designed to teach you the intricate threads of global economies. This course will grant you the perspectives of micro and macroeconomics, allowing you to become proficient in the seemingly enigmatic facets that shape financial landscapes. The broad and intricate taught study-units will provide you with the principles of supply and demand, market competition, and economic policy, gaining a profound understanding of how these elements influence societies and businesses.


Communication and Academic Skills Programme

The communication and academic skills programme complements students’ main course of study. It introduces them to writing and presenting as situated within academic contexts sensitive to specific disciplines and develops their competences for future careers.

Information for International applicants

Banking, Finance and Investments

An Intermediate Level pass in Pure Mathematics.

Applicants wishing to choose Banking, Finance and Investments as one of the two main areas of study may also be admitted into the Course if they are in possession of a pass at Intermediate Level in Pure Mathematics together with one of the following qualifications:

  1. the Certificate in Banking of the Chartered Institute of Bankers (comprising six subjects) or
  2. the Advanced Diploma in Financial Services offered by MCAST or
  3. any other qualifications deemed relevant by the Board, provided that the qualifications comprise not less than 120 ECTS credits and are offered at MQF Level 4 or higher.

Economics

An Intermediate Level pass in Pure Mathematics.


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You can submit your application online. The deadlines for submission of applications vary according to the intake and courses. We encourage all international applicants to submit their applications as soon as possible. This is especially important if you require a visa to travel and eventually stay in Malta.

You can compare your national qualifications to the local requirements by visiting our qualifications comparability webpage. Access more information about our admission process and English language requirements.

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Our dedicated team at the student recruitment office is here to support you every step of the way. From the moment you start your application to the moment when you receive your decision letter, we're here to assist you. If you have any questions or need further information, don't hesitate to reach out to us. You can contact us at info@um.edu.mt, and our team will be more than happy to help.

After you receive an offer from us, our International Office will assist you with visas, accommodation and other related issues.

Banking, Finance and Investments

In addition to the compulsory study-units, students are required to choose two areas of study and register for the study-units accordingly.
 
Semester 1
 
Compulsory Units (All students must register for this/these unit/s)
 
EMA1008 Quantitative Analysis for Business 1 4 ECTS   (NC)    
EMA1011 Introduction to Management and Applied Fundamentals 4 ECTS   (NC)    
EMA1100 Business Statistics 1 4 ECTS   (NC)    
EMA1310 Foundations and Applications of Economics 4 ECTS   (NC)    
EMA1312 Introduction to Psychology in Business and Public Life 4 ECTS   (NC)    
EMA1313 Introduction to Sociology for Business and Public Life 4 ECTS   (NC)    
EMA1314* Financial Accounting and Control 1 4 ECTS   (NC)    
EMA1316** Accounting Theory and Practice 1 4 ECTS   (NC)    
EMA1317 Policy and Governance for Business 4 ECTS   (NC)    

* EMA1314 is to be taken by students who are not in possession of Accounting at Advanced Level as well as students who possess an Advanced Level in Accounting but will not choose Accountancy as a major area.
** EMA1316 is to be taken by students with an Advanced Level in Accounting who are selecting Accountancy as their major. Students without an Advanced Level in Accounting, but who are eligible to major in Accountancy according to the Bachelor of Commerce Bye-Laws (i.e., those with another relevant qualification in Accounting approved by the Board, or those with two Advanced Matriculation Level subjects and a grade C or better), must take both EMA1314 and EMA1316.
 
 
Semester 2
 
Compulsory Units (All students must register for this/these unit/s)
 
BKF1243 Foundations of Banking, Finance and Investments 4 ECTS   (NC)    
BKF2071 Principles of Finance 4 ECTS   (NC)    
ECN2230*** Macroeconomics for Finance 4 ECTS   (NC)    
EMA1315 Writing and Research Skills for Business Students 4 ECTS   (NC)    
MGT1200**** Business Statistics 2 4 ECTS   (NC)    

*** ECN2230 is not to be taken by students majoring in Banking and Finance and Economics.**** MGT1200 is to be taken by students taking Banking and Finance and Economics or Management.
 

Students are required to register for ALL compulsory study-units (28 ECTS), 28 ECTS credits in the other area, and 4 ECTS of optional study-units to a total of 60 ECTS credits.
For students majoring in Economics and Management, Management and Marketing or Management and Public Policy, no optional study-unit can be taken during Year 2 of the course. In this case, students majoring in Economics and Management need to register for study-unit ACC3521 and students majoring in Management and Marketing or Management and Public Policy need to register for MGT2365.

 
Semester 1
 
Students majoring in Banking, Finance and Investments with Accountancy are required to register for the following study-units:
 
BFI2001 Financial Modelling 4 ECTS   (NC)    
 
Compulsory Units (All students must register for this/these unit/s)
 
BKF2011 Banking 1 4 ECTS   (NC)    
BKF2041 Financial Services Law 4 ECTS   (NC)    
 
Students majoring in Banking, Finance and Investments with Economics, Business and Enterprise Management, Marketing, Insurance and Risk Management, or Public Policy, are required to register for the following study-unit:
 
BKF2321 Accounting for Bankers 1 and 2 4 ECTS   (NC)    
 
Recommended Optional Units
 
BKF2041* Financial Services Law 4 ECTS      
ELP1062 English Proficiency 2 ECTS      
IOT2002 Communication and Innovation 4 ECTS      
IOT2003 Foresight - A Tool for Shaping Futures 4 ECTS      
IOT2005 Leadership and Organisational Innovation 2 ECTS      
MGT2031* Operations Research 4 ECTS      
MGT2361 Soft Skills for the Workplace 4 ECTS      
MRK2000* Marketing Foundations 4 ECTS      
PHE0109 Badminton 2 ECTS      
PHE0110 Squash 2 ECTS      
PPL2226 The Public Policy Environment 4 ECTS      
TRS2281 Travel and Transportation Management 4 ECTS      

* In the case of optional study-units marked with an asterix, students cannot register for study-units pertaining to the Department of their chosen Areas of Study.
 
 
Semester 2
 
Compulsory Units (All students must register for this/these unit/s)
 
BKF2050 Foundations of Risk Management 4 ECTS   (NC)    
BKF3111 Practical Issues in Banking 4 ECTS   (NC)    
BKF3310 Thomson Reuters - Applied Analytics 4 ECTS   (NC)    
BKF3330 Blockchain and Cryptocurrencies 4 ECTS   (NC)    
 
Recommended Optional Units
 
BKF2050* Foundations of Risk Management 4 ECTS      
ECN2310* Introduction to Political Economy 4 ECTS      
ECN3301* Industrial Economics and Competition Law 4 ECTS      
EST2020 Small States and the European Union 4 ECTS      
IOT2008 Innovation and Entrepreneurship: Practical Approaches 4 ECTS      
MGT2344 Creativity and Personal Development 4 ECTS      
PHE0109 Badminton 2 ECTS      
PHE0110 Squash 2 ECTS      

* In the case of optional study-units marked with an asterix, students cannot register for study-units pertaining to the Department of their chosen Areas of Study.
 

Students are required to register once for EMA3001 - Statistical Design and Tools for Business (4 ECTS). Moreover, students are required to register for ALL compulsory study-units and any electives (if present) amounting to 28 ECTS credits in each area, to a total of 60 ECTS credits.

 
Semester 1
 
Compulsory Units (All students must register for this/these unit/s)
 
BKF3041 International Banking 1 4 ECTS   (NC)    
BKF3050 Equity Markets 4 ECTS   (NC)    
EMA3001 Statistical Design and Tools for Business 4 ECTS   (NC)    
 
Students majoring in Banking, Finance and Investments with Economics are required to register for one of the following study-units and choose one elective study-unit from the below list:
 
BFI3344 Investment Banking 4 ECTS      
BFI3345 Fund Administration 4 ECTS      
BKF3061 Finance of International Trade 4 ECTS      
 
Students majoring in Banking, Finance and Investments with Management, Accountancy, Public Policy, Marketing, or Insurance are required to register for the following study-unit and choose one elective study-unit from the below list:
 
BKF2091 Money and Banking 4 ECTS   (NC)    
 
Elective Units (Elective units are offered subject to availability, a minimum number of student registrations and time-table constraints)
 
BFI3344 Investment Banking 4 ECTS      
BFI3345 Fund Administration 4 ECTS      
BKF3061 Finance of International Trade 4 ECTS      
BKF3341 Prevention of Money Laundering and Counter Terrorism Financing 4 ECTS      
INS3501 Principles of Environmental Social and Corporate Governance (ESG) 4 ECTS      

 
 
Semester 2
 
Compulsory Units (All students must register for this/these unit/s)
 
BKF3021 Fixed Income Analysis 4 ECTS      
 
Students majoring in Banking, Finance and Investments and Economics are required to register for one of the following study-units and choose one elective study-unit from the below list:
 
BKF3151 Securities Markets and Trading 4 ECTS      
BKF3308 Islamic Finance 4 ECTS      
 
Students majoring in Banking, Finance and Investments and Management, Accountancy, Public Policy, Marketing, or Insurance are required to register for one of the following study-units and choose one elective study-unit from the below list:
 
BKF3320 Econometrics for Banking and Finance 4 ECTS   (NC)    
 
Elective Units (Elective units are offered subject to availability, a minimum number of student registrations and time-table constraints)
 
BEM3002 Statistical Data Analysis in R for Business 4 ECTS      
BKF3031 International Finance 4 ECTS      
BKF3151 Securities Markets and Trading 4 ECTS      
BKF3308 Islamic Finance 4 ECTS      

 

Economics

In addition to the compulsory study-units, students are required to choose two areas of study and register for the study-units accordingly.
 
Semester 1
 
Compulsory Units (All students must register for this/these unit/s)
 
EMA1008 Quantitative Analysis for Business 1 4 ECTS   (NC)    
EMA1011 Introduction to Management and Applied Fundamentals 4 ECTS   (NC)    
EMA1100 Business Statistics 1 4 ECTS   (NC)    
EMA1310 Foundations and Applications of Economics 4 ECTS   (NC)    
EMA1312 Introduction to Psychology in Business and Public Life 4 ECTS   (NC)    
EMA1313 Introduction to Sociology for Business and Public Life 4 ECTS   (NC)    
EMA1314* Financial Accounting and Control 1 4 ECTS   (NC)    
EMA1316** Accounting Theory and Practice 1 4 ECTS   (NC)    
EMA1317 Policy and Governance for Business 4 ECTS   (NC)    

* Study-unit EMA1314 is to be taken by students who are not in possession of Accounting at Advanced Level as well as students who possess an Advanced Level in Accounting but will not choose Accountancy as a major area.

** EMA1316 is to be taken by students with an Advanced Level in Accounting who are selecting Accountancy as their major. Students without an Advanced Level in Accounting, but who are eligible to major in Accountancy according to the Bachelor of Commerce Bye-Laws (i.e., those with another relevant qualification in Accounting approved by the Board, or those with two Advanced Matriculation Level subjects and a grade C or better), must take both EMA1314 and EMA1316.
 
 
Semester 2
 
Compulsory Units (All students must register for this/these unit/s)
 
ECN1201 Economics of Development and Small Island States 4 ECTS   (NC)    
ECN1202 Intermediate Microeconomics 4 ECTS   (NC)    
ECN1203 Intermediate Macroeconomics 4 ECTS   (NC)    
EMA1315 Writing and Research Skills for Business Students 4 ECTS   (NC)    

 

Students are required to register for ALL compulsory study-units (24 ECTS credits), 4 ECTS credits from the elective study-units on offer during the year, 28 ECTS credits in the other area, and 4 ECTS of optional study-units to a total of 60 ECTS credits. For students majoring in Economics and Management no optional study-unit can be taken during Year 2 of the course. In this case, students need to register for study-unit ACC3521.
 
Semester 1
 
Compulsory Units (All students must register for this/these unit/s)
 
ECN2215 Mathematical Economics 4 ECTS   (NC)    
ECN2331 Economics of the Public Sector 4 ECTS   (NC)    
ECN3126 Monetary Economics 4 ECTS   (NC)    
 
Recommended Optional Units
 
BKF2011* Banking 1 4 ECTS      
BKF2041* Financial Services Law 4 ECTS      
ELP1062 English Proficiency 2 ECTS      
IOT2002 Communication and Innovation 4 ECTS      
IOT2003 Foresight - A Tool for Shaping Futures 4 ECTS      
IOT2005 Leadership and Organisational Innovation 2 ECTS      
MGT2031* Operations Research 4 ECTS      
MGT2361 Soft Skills for the Workplace 4 ECTS      
MRK2000* Marketing Foundations 4 ECTS      
PHE0109 Badminton 2 ECTS      
PHE0110 Squash 2 ECTS      
PPL2226* The Public Policy Environment 4 ECTS      
TRS2281 Travel and Transportation Management 4 ECTS      

* In the case of optional study-units marked with an asterix, students cannot register for study-units pertaining to the Department of their chosen Areas of Study.
 
 
Semester 2
 
Compulsory Units (All students must register for this/these unit/s)
 
ECN2031 Econometrics 1 4 ECTS   (NC)    
ECN2141 Economics of Environmental Policy 4 ECTS      
ECN2332 Economics of Taxation 4 ECTS   (NC)    
ECN3301 Industrial Economics and Competition Law 4 ECTS      
 
Recommended Optional Units
 
BKF2050* Foundations of Risk Management 4 ECTS      
BKF2071* Principles of Finance 4 ECTS      
BKF3111* Practical Issues in Banking 4 ECTS      
INS2100* Insurance Business Development 4 ECTS      
IOT2008 Innovation and Entrepreneurship: Practical Approaches 4 ECTS      
MGT2344 Creativity and Personal Development 4 ECTS      
PHE0109 Badminton 2 ECTS      
PHE0110 Squash 2 ECTS      

* In the case of optional study-units marked with an asterix, students cannot register for study-units pertaining to the Department of their chosen Areas of Study.
 

Students are required to register once for EMA3001 - Statistical Design and Tools for Business (4 ECTS). Moreover, students are required to register for ALL compulsory study-units and two elective study-units amounting to 28 ECTS credits in each area, to a total of 60 ECTS credits.
 
Semester 1
 
Compulsory Units (All students must register for this/these unit/s)
 
ECN3127 Applied Macroeconomics 4 ECTS   (NC)    
ECN3200 International Economics 4 ECTS      
ECN3201 Monetary Policy 4 ECTS      
EMA3001 Statistical Design and Tools for Business 4 ECTS   (NC)    

 
 
Semester 2
 
Compulsory Units (All students must register for this/these unit/s)
 
ECN2041 Econometrics 2 4 ECTS   (NC)    
ECN2161 Applied Microeconomics 4 ECTS   (NC)    
 
Elective Units (Elective units are offered subject to availability, a minimum number of student registrations and time-table constraints)Students are required to choose two of the following study-units:
 
ECN2310 Introduction to Political Economy 4 ECTS      
ECN2333 Housing and Transport Economics 4 ECTS      
ECN3205 European Monetary Union 4 ECTS      
ECN3240 Economics of Innovation, Creativity and Knowledge 4 ECTS      

 

This programme of study is governed by the General Regulations for University Undergraduate Awards, 2019 and by the Bye-Laws for the award of the Bachelor of Commerce - B.Com. - and Bachelor of Commerce (Honours) - B.Com. (Hons) - under the auspices of the Faculty of Economics, Management and Accountancy.

Banking, Finance and Investments

Upon successfully completing the Bachelor of Commerce degree course, you will be able to:

  • Comprehend the fundamental importance of effective management in generating value and the realisation of objectives in any form or type of organisation in an applied manner.
  • Explain the concept of shareholder value maximisation and how it applies in finance.
  • Describe the importance of professional secrecy and anti-money laundering and counter terrorism financing.
  • Identify the main issues that bank managers face on a day-to-day basis.
  • Carry out financial analytics and source an array of information for insurance and banking and finance investment decisions.
  • Calculate the value of fixed income securities.

Economics

Upon successfully completing the Bachelor of Commerce degree course, you will be able to:

  • Comprehend how small states are defined, their special characteristics, and which aspects of economic theory are relevant to small country size and insularity.
  • Describe how markets work across various typologies of market structures, as well as be in a position to assess how changes to the cost of production change with output.
  • Understand how individual behaviour, market forces and government policies combine to affect the environment.
  • Demonstrate awareness about the unintended consequences of public policy.
  • Apply theoretical frameworks to existing trade between countries at different levels of development.
  • Inform policy makers through utility and choice frameworks about the impact of policy on individuals' decisions.

Non EU Applicants:

Fee per academic year: Eur 8,500

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Banking, Finance and Investments

By the end of the course, your strong foundation in banking and finance will prepare you for a variety of career choices, both in the private or public sector. These include roles such as a financial analyst, investment banker, risk manager, or even as a financial consultant, provided that the necessary requirements have been met. You may also choose to enrol in a postgraduate course locally or with a foreign institution, furthermore expanding your career paths that may include the possibility of becoming a researcher or academic.


Economics

By the end of the course, you will have acquired the necessary analytical prowess to navigate complex economic challenges. You will be able to choose roles such as economic analysis, policy advisory, and economic research within the public and private sectors. The course will also provide a strong academic foundation to pursue further studies at a postgraduate level, which may lead you to more specialised fields in economics and providing the possibility of becoming an academic or researcher.


Business Stream

 

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