Eastern Mediterranean University (EMU)

Eastern Mediterranean University (EMU)

Program Description :

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.


Course Code Course Title Credit Lecture Hour (hrs/week)
FINA500 M.S. Thesis No-Credit -
BANK501 Asset and Liability Management 3 3
FINA503 Investments 3 3
FINA517 Corporate Finance 3 3
REQ1 Required Course 3 3
FINA521 Investment Appraisal 3 3
REQ2 Required Course 3 3
REQ3 Required Course 3 3
BANK598 Seminar in Banking and Finance No-Credit -


2016 - 2017 Academic Year New Graduate Student Tuition Fee:


Master's Program (with Thesis)


International students (USD )

International students (USD )

With 50%   Scholarship

includes (VAT)

(includes VAT)

Registration fee per course



Thesis registration fee



Term Project (first registration)



Term Project (first registration)



Term Project (second registration)



Seminar (first registration)



Seminar (second registration)



ENG511 , ENGL509 (20 hour/week) (semester fee)



ENGL 513, ENGL 515, ENGL 521, ENGL 523, ENGL 525



Deficiency program course




Department of Banking and Finance