The Master's Degree in Commercial Banking and Anti Money Laundering Programme is designed to cater for students and professionals who desire to further their careers in Banking and Finance and is idel for offcers in the Banking, Credit Unions, Financal and Intelligence Agencies, the Commercial Courts, and the Attorney General Chambers.
It will provide a comparative advantage to any candidate seeking employment in those sectors.
The Banking specialization
provides a detailed
examination of the workings
of banks and related deposittaking financial
intermediaries in the context
of the banking system in
particular, and the financial
system generally.
The core units equip students
with an in depth understanding of the structures and functioning of financial
institutions, and issues related to banking in a contemporary, globalized economy. As
well as providing the necessary knowledge of bank management, risk management
and risk assessment, the Banking specialization offers intermediate corporate
finance, equipping graduates with a well-rounded qualification that is modern, in depth
and competitive.
A postgraduate qualification in banking offers the highest standard of qualifications
in the theory and application governing contemporary financial institutions. It
includes a detailed examination of the workings of banks and related deposit-taking
financial intermediaries in the context of the banking system in particular and the
financial system generally.
The banking units are tailored to provide students with knowledge that will be of use
to them in career paths in both the retail and corporate banking sectors as well as the
prudential regulatory authorities.
Retail bankers act in a customer service role, advising on and assisting with services
such as setting up savings accounts, authorizing loans and moving money.
Credit Banking courses will provide a structured training path through the credit life
cycle from rating analysis, capital structure analysis, loan structuring to the drafting of
loan documentation and the planning of debt restructuring and loan recovery. Our
credit analysis training will enable banking professionals can learn how to identify and
analyze the Early Warning Signals of financial distress and to formulate timely a viable
debt recovery plan. Moreover, we offer courses so that Risk Professionals can acquire
advanced credit portfolio modelling skills to analyze, stress test, measure and mitigate
the default risks in commercial and retail banking.
Graduates are prepared for careers in all aspects of the financial services industry:
commercial banking, insurance, credit unions, investments, regulation and consumer
finance.
This program is ideal for:
- Students expecting to earn a master's degree in banking and financial services,
and
- People with a bachelor’s degree in business seeking to expand their knowledge
and opportunities with a concentration in the banking and financial services
industry
Our faculty have extensive experience in money center and community commercial
banking organizations, where they gained hands-on experience in lending, bank
operations, bank management, investments, financial planning, trust operations, law,
and bank regulation. This industry experience, coupled with the academic theories
behind the operations and practices of the industry, will give you a strong foundation on
which to build career success.
Among other topics, students study anti-money laundering (AML), combating the
financing of terrorism and targeted sanctions law, policy, compliance and risk
management.
The field of financial integrity is diverse, encompassing international standards and
domestic rules for combatting money laundering, terrorist financing, weapons
proliferation, drug trafficking, human trafficking and other nefarious conduct that can be
funded through the misuse of financial systems.
Our students graduate ready to work in the field of financial integrity across all sectors,
including international organizations, government, law enforcement, banking, business
and consulting.
Our program enjoys the strong support of local, state and regional banking and financial
service professionals, many of whom employ our graduates.
Careers
Graduates of the program can expect to find opportunities as financial managers,
lenders, compliance officers, analysts, personal financial advisors, and insurance
underwriters.
Comprehensive curriculum
Our master’s program gives you an in-depth, 360-degree understanding of the many
critical anti-money laundering and financial integrity areas. You will study retail banking
and credit, administrative law, criminal law, banking law, compliance and risk
management, international monetary flows and a host of other topics necessary to a
comprehensive understanding of financial integrity.
Our program is flexible. It can be tailored to meet your specific professional goals.
Specializations
Michael University’s Master’s in Retail Banking and Banking Credit program promotes
in-depth study requiring research, analysis, and strategic vision that can position you as
the extraordinary leader with your profession. At the same time, several specializations
allow you to concentrate on a specific area of study such as:
- Money laundering
- Finance
- Treasury Management
- Accounting
Admission to Graduate Standing - Conditionally Classified
It may be possible for applicants who have minimal deficiencies in the prerequisite
requirements detailed above, but who are otherwise highly qualified, to be admitted with
conditionally classified graduate standing. Provisions must be made for removal of
deficiencies prior to the granting of classified standing. For further information, consult
the graduate program adviser.
Tuition and Fees
The tuition and fees are for the 2020-2021 academic year effective as of Fall Term 2020
(September 2020). Tuition and fees are subject to annual revision, announced each
Summer Term for the Fall Term. Further details about tuition may be found in the
Tuition and Fees.
More about this program
- Master’s in Retail Banking and Banking Credit
- Courses in this department
- 36 Credit Hours Required
Accreditation
Michael University Agreements: Articulation Agreement between Michael University and
Havana University, Cuba dated August 2006. Articulation Agreement between Michael
University and Higher Technical University “Jose Antonino Echevarria”, dated August 30th,
2006. Articulation Agreement between Michael University and the Ministry of Higher Education,
Cuba dated September 7th, 2006, which is a revised version of the first agreement dated May
5th, 2003.
