From Knowledge to Competence.
Crossing Borders.
Master’s Program (MSc)
Banking and Finance
A mere five percent of the world’s business schools have managed to achieve this prestigious standard of achievement awarded by the most significant international accreditation institution for business schools.
3
Master’s Program (MSc) in Banking and Finance
Introduction
Prof. Christoph Lengwiler, PhD
Head of Institute of Financial Services Zug IFZ Lucerne School of Business
INNOVATIVE MASTER’S PROGRAM IN SWITZERLAND
We are pleased to present a degree program which makes a valuable contribution to the landscape of Swiss higher education: a consecutive MSc in Banking and Finance offered jointly by Zurich University of Applied Sciences (ZHAW) and Lucerne University of Applied Sciences and Arts.
It has been jointly developed by the Department of Banking, Finance, Insurance of the ZHAW School of Management and Law in Winterthur and the Institute of Financial Services Zug IFZ of the Lucerne School of Business, two renowned, highly regarded institutes of higher education. By combining their core competencies, the two universities deploy them to maximum advantage; the best lecturers of both institutes have been assigned to the project. The result is a Master’s program of the highest quality.
The Master’s program was created in close collaboration with experts from the financial sector. Its content is a direct re-sponse to an increasing demand for highly qualified young professionals. It was felt to be of particular importance for students to have substantial prior knowledge of banking and finance in order for the program to provide advanced spe-cialization. The MSc program has a concept enabling participants to work a part-time job of up to 40%. Many students use this opportunity to further enhance their practical experience in the financial sector while enrolled in this program. The Master’s program was launched in fall 2008. The program in English starts in fall 2015. 60 new students every year, highly positive feedback from graduates, and the career development of our alumni are all proof of its effectiveness. Since fall 2012, the MSc program has been officially certified by FIBAA and the Swiss Center of Accreditation and Quality As-surance in Higher Education OAQ, and recognized by the Swiss federal government.
The program focuses on three core areas: corporate finance, investments, and banking. In the individual specialist fields, students will learn how to examine various topics systematically and scientifically. Studying Banking and Finance in Swit-zerland is particularly interesting, as the Swiss financial center plays a leading role on the world stage and has interna-tional reputation as a preferred provider of financial services.
The success of this degree program is owed to many different contributors: The two universities provide convincing con-tent and compecon-tent instructors, the participants’ employers allow their employees to follow convenient work-study mod-els, participate in study projects, and provide data for Master’s theses, while the students themselves contribute above-average commitment and a solid foundation of knowledge. We are all united in the conviction that this MSc program is a strong pillar of banking and finance education in Switzerland.
Prof. Suzanne Ziegler, PhD
Director, Department of Banking, Finance, Insurance ZHAW School of Management and Law
5
Master’s Program (MSc) in Banking and Finance
6
The Degree Program At a Glance
7
Consecutive Master’s Program
Second Level of a University Course of Study
8
Why a Master in Banking and Finance?
10 The Program
12 Structure of Master’s Program
Modules and Courses
14 Application and Accreditation
16 Coordination
17 Program Management
18 A Collaboration of Two Institutes …
19 … And Two Universities
20 Information for Students
21 Contact
22 Locations
PARTNERSHIP
The Master of Science in Banking and Finance (MSc Banking and
Finance) is an advanced course of study jointly offered by the ZHAW
School of Management and Law and the Lucerne School of Business.
REQUIREMENTS
It builds on a Bachelor’s degree (or an equal qualification) in Business
Administration with a specialization in Banking and Finance.
PROFILE
It provides students with a specialist qualification and management
training based on scientific theory and practical applicability.
DOOR-OPENER
The qualification enables holders to pursue interesting further
develop-ment and career opportunities in the financial sector, both in
Switzer-land and abroad.
FIT TO REQUIREMENTS
The program content was developed in response to clear market
requirements and in close collaboration with the financial sector.
WORKLOAD
The program takes four semesters to complete. It is worth 90 ECTS
credits, which is the equivalent of 2,700 hours of study.
FLEXIBILITY
The program can also be completed in six semesters.
MASTER’S THESIS
During their final semester, students write an academically-based
Master’s thesis on a topic of practical application.
OTHER COMMITMENTS
While enrolled in the program, students can hold a part-time job or do
family work; depending on a student’s willingness and ability to deal
with the pressure, this can amount to a maximum of 16 hours (40%).
LOCATION
Classes take place from Monday to Wednesday in Winterthur or Zug.
DEGREE
Successful participants graduate with a Master of Science in Banking
and Finance.
PROGRAM START
The degree program is held every year and starts in September.
The Degree Program
7
Master’s Program (MSc) in Banking and Finance
Since September 2008, Swiss universities of ap-plied sciences have been offering consecutive Master’s programs to the graduates of their Bach-elor’s programs in their core disciplines.
WHAT IS A CONSECUTIVE MASTER’S PROGRAM AND WHAT ARE ITS BENEFITS?
Consecutive Master’s programs are aimed at graduates of Bachelor’s programs with above-average ability that are keen to obtain an advanced academic qualification. The minimum requirement for participation in such a consecu-tive Master’s program is a Bachelor’s degree or an equiva-lent qualification. In general, consecutive Master’s pro-grams comprise a total of 90 ECTS credits. This is the equivalent of some 2,700 hours of study - usually accom-plished in the course of four semesters.
Consecutive Master’s programs build on the competen-cies acquired at the Bachelor level. They offer specialized know-how with a focus on scientific competence. At the same time, they are geared towards practical application.
They promote analytical and reflective competence and enhance the career prospects of those aspiring to middle and senior management positions. Many Master’s pro-grams allow students to work part-time. Their newly ac-quired knowledge can therefore be immediately transferred to the job, thus promoting simultaneous professional de-velopment. As a result of the educational reforms of the Bologna Progress, the consecutive Master title is recog-nized all over the world, which enables graduates to also pursue a career abroad.
NOT EVERY MASTER IS THE SAME
The consecutive Master’s program is an advanced level of education that builds on a Bachelor’s program. It is not to be mistaken for an MAS (Master of Advanced Studies) or an MBA (Master of Business Administration). Both the MAS and the MBA are university programs of continuing education aimed at professionals with several years of rel-evant work experience. The effort needed to obtain a Mas-ter of Science is higher and academic performance is weighted more heavily.
Consecutive Master’s Program
FINANCIAL SERVICES PROVIDERS NEED HIGHLY-QUALIFIED PROFESSIONALS.
The prevailing climate of challenges and turbulence in the financial sector has had a dampening effect on growth rates we used to take for granted. This has however led to an increasing demand for talented young professionals able to help bring about the necessary changes and move into managerial positions in due course. These must have sound specialist knowledge, analytical skills, entrepre-neurial thinking, leadership skills, and highly developed action competence. The curriculum of the consecutive Master’s Program in Banking and Finance is geared to-wards precisely such a profile.
The Swiss financial centre is a central pillar of the Swiss economy, generating over 10% of Swiss GDP. In particu-lar, Switzerland plays a leading global role in wealth man-agement: roughly one third of all private assets invested abroad are managed by Swiss banks. Switzerland’s gen-eral stability and the excellence of Swiss banking accounts for its international reputation as a preferred provider of financial services.
VALUABLE QUALIFICATION WITH INTERESTING CAREER PROSPECTS
The consecutive MSc in Banking and Finance is a program of higher professional and managerial education that is based on scientific principles, yet practically oriented and internationally applicable. It provides the basis for success-ful career development in the financial sector or in a corpo-rate financial environment. By systematically linking scien-tific method and practical know-how throughout their course of study, students acquire the tools that will enable them to solve new kinds of problems, keep the upper hand in complex situations, and make sound decisions.
THE SCOPE OF AN MASTER’S PROGRAM IN BANKING AND FINANCE
Graduates of this Master’s program can profit from excel-lent career opportunities, especially in the medium to long term. Their qualifications enable them to follow careers in the financial sector both at the operational and the strategic level. Future employers include banks and financial services providers, pension funds, investment trusts, wealth man-agement and financial consultants, as well as audit firms and the financial departments of companies in every sector. Frequently, graduates of Bachelor’s programs with a spe-cialization in Banking and Finance start out as credit ana-lysts, private client consultants (retail banking), or control-lers in the banking sector.
A Master’s degree is the gateway to many other entry-level career opportunities: In the area of financing, for example, graduates may find employment in mergers & acquisitions and in investment banking; in the management of financial services providers, they work in risk management/asset li-ability management or in corporate development; in the area of investments, multiple opportunities are also avail-able in the private equity and hedge fund sectors, in struc-turing products, and in research. These days, new wealth management consultants usually also require a Master’s degree.
The Program
Our Master of Science in Banking and Finance is a unique specialized Master’s program: It builds on a Bachelor in Business Administration with a special-ization in Banking and Finance. In other words, it continues from a specialization that has been ac-quired and advances it further.
OBJECTIVES AND PROFILE
The MSc in Banking and Finance profile derives from the goal to prepare students for demanding roles in the finan-cial sector or closely related fields, in accordance with the current state of science. As a university of applied ces, we strive for a balanced relationship between scien-tific foundation and consistent practical orientation which, ideally, links higher education with practical experience. At the same time, the Master’s degree program expands stu-dents’ general competencies in line with the general objec-tives of higher level university education. A Master’s degree program therefore aims to expand and consolidate both the professional and the methodological competence of participants.
These objectives are the basis for the factors that set the MSc in Banking and Finance apart from similar programs offered by other tertiary institutions:
– In contrast to other Master’s programs, we only admit students who have a specialization in Banking and Finance as part of their Bachelor’s qualification worth at least 30 ECTS credits. Students therefore already have solid specialist knowledge in corporate finance (financing), financial services management, financial instruments (investments), and financial markets. – While the program focuses on banking and finance, it
has, at the same time, a generalist outlook and offers a range of further specialization options.
The program takes four semesters to complete, with class-es scheduled for the first half of the week to allow students to work at least part-time. As a result, possibilities to link theoretical concepts with practical experience are not only provided by the instructors but also come from the stu-dents themselves.
SCIENTIFICITY AND APPLICABILITY
A large part of the program, nearly half in fact, is devoted to applied research: Students acquire advanced research and methodological skills; they carry out application-ori-ented research projects and write an academic Master’s thesis on a topic of practical relevance.
We consider it to be of vital importance to convey scientific competencies that can be used to solve the real-life prob-lems of the professional world.
TEACHING AND LEARNING
The program generally follows the principles of blended learning: Classroom instruction, self-study, and e-learning are combined in ways that are conducive to learning. In order to ensure that scientificity and applicability are inte-grated effectively, instructors at the Master’s level are all senior lecturers with academic qualifications as well as cur-rent practical experience.
The MSc in Banking and Finance program consists of 12 modules that together promote entrepreneurial, profes-sional, and methodological know-how.
11
Master’s Program (MSc) in Banking and Finance
1 st S e m e st er 2 nd S e m e st er 3 rd S e m e st er 4 th S e m e st er PROGRAM FOCUS
– Advanced understanding of the markets for financial services and the environment of financial services pro-viders
– Management of financial services institutions and their employees
– Dealing with the specific problems of financing and investments
– Systematic risk management in the financial services sector
– Applying well-founded concepts to address concrete practical challenges
– Ability to apply scientific methods in carrying out prac-tically-oriented research projects
– A Master’s thesis which makes an individual contribu-tion to applied research literature and uses the profes-sional and methodological competencies acquired
R e ta il B an kin g – B u sin e ss B an kin g – P riv a te B an kin g – In ve st m e n t B a n ki n g – Dom e st ic – In te rn a ti on a l M1 6C Market and Environment of Financial Institutions M8a 3C Leadership and Human Resource Management M9 9C Research Skills M7 6C Corporate Finance M12 15C Master’s Thesis M2 6C Management of Financial Institutions M4 6C Controlling and Business Processes in Banking M6
6C Alternative Investments M119C Applied Research Projects M3
6C Risk Management M5
6C Investments
M8b
3C Leadership and Ethics M109C Practical Exercises in Research Methods
MSC BANKING AND FINANCE: PROGRAM STRUCTURE
M = module; C = ECTS credits (1 credit = 30 hours of study)
Pr o g ra m -re la te d p ro fe ss io n a l a ct iv it y n o t e xc eed in g 4 0 % G ap s in k n o w led g e o f b an kin g & f in an ce ca n s ti ll b e c lo se d a t t h is s ta g e
MODULE 1: MARKET AND ENVIRONMENT OF FINANCIAL INSTITUTIONS
Ability to assess the key drivers and influencing factors of the financial services sector. 2 compulsory modules (6 ECTS credits, Semester 1)
Course 1.1 Macroeconomics and Financial
Markets Stability
Course 1.2 Financial Market Regulation
MODULE 2: MANAGEMENT OF FINANCIAL INSTITUTIONS
Understand the interaction of strategy, structure, and culture; develop and assess strategies for different types of financial services providers. 2 compulsory modules (6 ECTS credits, Semester 1)
Course 2.1 Strategic Bank Management Course 2.2 Financial Services Marketing MODULE 3: RISK MANAGEMENT
Identify and assess risks for banks and other financial ser-vices providers and manage and monitor them effectively. 3 compulsory modules (6 ECTS credits, Semester 2) Course 3.1 Risk Management in Banking
Course 3.2 Credit Risk Management Course 3.3 Market Risk Management
MODULE 4: CONTROLLING AND BUSINESS PROCESSES IN BANKS
Design internal and external steering processes of banks and utilize them in optimizing performance processes. 3 compulsory modules (6 ECTS credits, Semester 3) Course 4.1 Business Processes and IT Architecture Course 4.2 Performance Management
Course 4.3 Value Reporting MODULE 5: INVESTMENTS
Analyze and estimate key influencing factors for invest-ment decisions in financial markets. 3 of 4 compulsory elective courses (6 ECTS credits, Semester 2)
Course 5.1 Behavioral Finance Course 5.3 Fixed Income Management Course 5.4 Mutual Funds and Pension Funds
Management
Course 5.6 Advanced Portfolio Theory
MODULE 6: ALTERNATIVE INVESTMENTS
Analyze alternative investments and structured products with regard to their contribution to risk and yield of portfo-lios and develop recommendations for an investment strat-egy. 3 of 4 compulsory elective courses (6 ECTS credits, Semester 3)
Course 6.2 Private Equity Course 6.4 Commodities Course 6.6 Derivatives
Course 6.7 Other Alternative Investments
Structure of Master’s Program
13
Master’s Program (MSc) in Banking and Finance
MODULE 7: CORPORATE FINANCE
Assess complex financing problems of companies and de-velop effective solutions.
Course 7.1 is a compulsory course; compulsory elective Courses 7.2–7.7: 2 of 4 (6 ECTS credits, Semester 4). Course 7.1 Advanced Corporate Finance
Course 7.2 Family Business Finance
Course 7.5 Funding and Financial Risk Management for International Corporations
Course 7.6 Tax Management Course 7.7 Restructuring
MODULE 8a: LEADERSHIP AND HUMAN RESOURCE MANAGEMENT
Lead teams and manage one as the situation, people, and objectives require. Compulsory module (3 ECTS credits, Semester 1)
MODULE 8b: LEADERSHIP AND ETHICS
Solve complex leadership problems in a well-considered manner and in line with superior objectives. Compulsory module (3 ECTS credits, Semester 2)
MODULE 9: SCIENTIFIC RESEARCH Assess and apply methods of scientific research. 3 compulsory modules (9 ECTS credits, Semester 1) Course 9.1 Philosophy of Social Science
Course 9.2 Research Methods I Course 9.3 Research Methods II
MODULE 10: PRACTICAL EXERCISES IN RESEARCH METHODS
Effectively apply methods of scientific research in dealing with specific case examples of aspects of banking and fi-nance. (9 ECTS credits, Semester 2)
MODULE 11: APPLIED RESEARCH PROJECTS Carry out application-oriented research projects (group work) on topics covering all modules. (9 ECTS credits, Se-mester 3)
MODULE 12: MASTER’S THESIS
Produce an independent piece of academic work in the context of a practical research project on an aspect of one of the topics covered in the Master’s program. (15 ECTS credits, Semester 4)
ADMISSION REQUIREMENTS
Students are admitted to the MSc in Banking and Finance program by the Head of Program subject to an admission procedure. Candidates should meet the following criteria: – Bachelor’s degree in business administration,
econom-ics, business law, or a related discipline from a univer-sity or univeruniver-sity of applied sciences, or an equivalent qualification
– Proven specialization in banking and finance worth a minimum of 30 ECTS credits (students may be able to qualify after entering the program)
– Proof of English proficiency (candidates must be able to actively participate in all classroom activities) – High level of motivation and ability to perform – Positive outcome of the admission interview
Candidates who lack some of the entry-level competen-cies in banking and finance may be able to obtain them before the end of the first year. In such cases, final admis-sion is subject to the student completing/passing the nec-essary performance assessments.
APPLICATION
The application package should contain the following: – Completed application form
– Proof of qualifications (diploma, diploma supplement, ECTS transcripts, and grade certificates), in particular for the specialization in banking and finance
– Letter of motivation
– Proof of proficiency in English – Resume, incl. photo
– Copy of Bachelor’s/diploma thesis or, if applicable, individual project paper, incl. evaluation/assessment Candidates who have not completed their Bachelor’s pro-gram at the time of application may submit the missing documents once they become available. Please submit your application to:
ZHAW School of Management and Law Student Services MSc
St.-Georgen-Platz 2, P.O. Box, 8401 Winterthur Phone +41 58 934 68 34, [email protected]
APPLICATION DEADLINE
The application deadline expires on 15 June. Late submis-sions may be considered if places on the program are still available. Admission interviews are conducted continually. Early application is recommended since places on the program are assigned on a first-come first-served basis. For further details about our consecutive Master’s pro-grams and to download the application form, please visit
www.zhaw.ch/sml/master.
If you have any questions or need advice, please feel free to contact the Head of Program. For the MSc Program in Banking and Finance to take place, we require a minimum number of participants.
ACCREDITATION
This program has been recognized in the Swiss Confed-eration as well as in the EU and many other countries. The ZHAW School of Management and Law (SML) uses international review boards to support continuous quality development on a voluntary basis. In 2015, the SML be-came the first business school of a Swiss university of ap-plied sciences to be accredited by the Association to Ad-vance Collegiate Schools of Business (AACSB). A mere five percent of the world’s business schools have managed to achieve this prestigious standard of achievement award-ed by the most significant international accraward-editation insti-tution for business schools.
In 2012, as the first university business school in Switzer-land, the SML was awarded the “Institutional Audit” Quality Seal by the Foundation for International Business Adminis-tration Accreditation (FIBAA).
15
STRUCTURE AND ORGANIZATION
The MSc in Banking and Finance is a degree program of-fered jointly by the Lucerne School of Business and the ZHAW School of Management and Law. The two universi-ties have an equal share in the management of this program.
A steering committee has been set up at Executive Com-mittee level to coordinate between the two universities and to decide on fundamental issues concerning the Master’s program.
Coordination
ZHAW School of Management and Law Department Banking, Finance, Insurance (ABF) Lucerne School of Business
Institute of Financial Services Zug, IFZ
Head of Degree Program
Prof. Hans Brunner, PhD Prof. Andreas Dietrich, PhD
Steering Committee
Prof. Florian Angst Prof. Suzanne Ziegler, PhD Prof. Daniel Peter, PhD
Prof. Christoph Lengwiler, PhD
17
Master’s Program (MSc) in Banking and Finance
Program Management
Prof. Suzanne Ziegler, PhD
Senior Lecturer in Banking and Finance
Prof. Christoph Lengwiler, PhD
Senior Lecturer in Finance
Prof. Andreas Dietrich, PhD
Senior Lecturer in Banking and Finance
Prof. Hans Brunner, PhD
Senior Lecturer in Banking and Finance
SUZANNE ZIEGLER
Suzanne Ziegler has a degree in economics (lic. oec.) from St. Gallen University HSG. After completing her studies, she worked for Swiss National Bank, where she was in-volved in systems stability. She has been at the ZHAW School of Management and Law since 2002 and from 2005 to 2011 headed the Center for Banking & Finance. In May 2011 she was promoted to the position of Director of the Department of Banking, Finance, Insurance, which has over 50 employees, as well as the SML Executive Commit-tee. Her research focus is on the Swiss banking system, banking supervision, and banking regulations.
Contact: [email protected] CHRISTOPH LENGWILER
Christoph Lengwiler has a doctorate from the University of Zurich, where he studied banking administration. He has been a senior lecturer and a professor at the Lucerne School of Business since 1987. He is the Head of the Insti-tute of Financial Services Zug IFZ, a position he has held since its formation. Among other things, he is the Vice President of the Board of Directors of Lucerne Cantonal Bank, a member of the Banking Council of Swiss National Bank, and a member of the Board of Directors of a listed private equity fund (shaPE Capital AG).
Contact: [email protected]
ANDREAS DIETRICH
After graduating from the University of St. Gallen HSG, where he studied economics, Andreas Dietrich worked as a business consultant and managed a number of projects in the financial services industry. As a doctoral candidate, he became a research associate at the Banking Institute of the University of St. Gallen HSG; during this time, he also completed a research year at DePaul University in Chica-go, funded by the National Science Foundation. Since March 2008, he has been professor and project manager at the IFZ of the Lucerne School of Business.
Contact: [email protected] HANS BRUNNER
After his studies in St. Gallen (lic. oec. HSG), Hans Brunner obtained a doctorate from the University of Cologne (Dr. rer. pol.). He worked in a managerial capacity in the bank-ing sector for many years. Since January 2012, he has been a senior lecturer at the ZHAW School of Management and Law in his specialty, overall bank management. Contact: [email protected]
A Collaboration of Two Institutes …
The MSc in Banking and Finance is a joint degree program of the Department of Banking, Finance, Insurance (DBF) in Winterthur and the Institute of Financial Services Zug (IFZ) in Zug. Both university organizations are established providers of Bache-lor’s degree programs with a specialization in Banking and Finance, recommended by the Swiss Bankers Association. The Master’s program builds on the curriculum of these Bachelor’s programs.
INSTITUTE OF FINANCIAL SERVICES ZUG (IFZ) The institute was established in 1997 as the financial com-petence center of the Lucerne School of Business. It is the largest provider of continuing education among Swiss uni-versities of applied sciences. With regard to banking and finance, its BSc, MSc, and continuing education programs as well as its research activities and services in that area comprise the following: management of banks and finan-cial services providers, compliance management, private banking & wealth management, financial markets & invest-ments, corporate finance, private equity, treasury & finan-cial risk management, and real estate management. In the area of controlling & accounting, it is active in controlling & management accounting, financial accounting & corporate reporting, as well as auditing & internal control. The insti-tute currently has around 70 employees.
Further details: www.hslu.ch/ifz
Through their activities in continuing education, research, consulting, and services, the DBF and the IFZ are both ac-tive in all the performance mandates of universities of ap-plied sciences. An important aspect of the MSc in Banking and Finance is its links to ongoing research projects. Both the DBF and the IFZ employ a number of tenured profes-sors, lecturers, and research associates and assistants specializing in banking and finance, who all contribute their professional competencies to this Master’s program. DEPARTMENT OF BANKING, FINANCE, AND INSURANCE (DBF)
This department was set up at the ZHAW School of Man-agement and Law in 2002 and consists of the Institute Wealth and Asset Management, the Center for Risk & In-surance, the Center for Accounting & Controlling, and the Center for Corporate Finance & Private Equity. Its activities in the degree programs and in continuing education, as well as in applied research and consulting mainly focus on the following areas: analysis and optimization of the value chains of financial services providers, financial consulting, private equity for SMEs, funds of hedge funds, financial risk management, and management accounting.
19
Master’s Program (MSc) in Banking and Finance
... And Two Universities
ZHAW SCHOOL OF MANAGEMENT AND LAW The ZHAW School of Management and Law (SML) is one of eight schools of the Zurich University of Applied Sci-ences. It offers internationally recognized Bachelor’s pro-grams, accredited consecutive Master’s propro-grams, a well-established range of continuing education programs tailored to the needs of participants, and innovative re-search and consulting projects. These make the SML one of the leading business schools of Switzerland. Its educa-tional programs focusing on management competencies are scientifically founded, interdisciplinary, practically ori-ented. The SML considers international experience and international contacts to be an essential part of university education and thus actively supports mobility programs for students and members of the faculty. To this end, it main-tains partnerships with over 120 selected universities worldwide.
LUCERNE SCHOOL OF BUSINESS
Lucerne School of Business School is one of the schools of Lucerne University of Applied Sciences and Arts. It is a competence center for higher management education for Central Switzerland and thus makes a valuable contribu-tion to the development of the knowledge society. The Lu-cerne School of Business provides qualifications for
pro-fessionals and managers and supports organizations and institutions in solving their business and economic prob-lems. In addition to a Bachelor’s degree program in Busi-ness Administration with several specializations, it also of-fers various Master’s programs. Of all the Swiss universities of applied sciences, it is the largest provider of continuing education (MAS / DAS / CAS) programs. The Lucerne School of Business has a well-developed network of other tertiary institutions in Switzerland and all over the world, and partners in both the private and the public sectors. Its five institutes are competence centers with far-reaching national and even international ties.
COLLABORATION BENEFITS
Educational collaboration between Swiss universities of applied sciences is encouraged by the Swiss government because the study programs that are thus created benefit from the different strengths and specializations of the part-ners. Both the ZHAW School of Management and Law and the Lucerne School of Business enjoy an excellent reputa-tion as providers of banking and finance know-how as well as for their research projects; both have many years of ex-perience in these areas. This is reflected, among other things, in a high demand for their degree programs and continuing education products.
Information for Students
START OF NEW PROGRAM
The MSc in Banking and Finance starts every year in mid-September and takes two years to complete.
INSTRUCTION
Classroom instruction takes place on Mondays, Tuesdays, and Wednesdays. This enables students to work part-time or do family work.
Classes take place in Winterthur and/or Zug. Depending on the number of students enrolling, it will be decided whether study groups should be formed in both locations or whether the modules will be divided between the two locations.
WINTERTHUR
Innovation enjoys a long and successful tradition in Winter-thur, a university town with a rich commercial and indus-trial history. While it is a relatively small community with a population of about 100,000, its international flair and local ambiance combine to give it a unique charm. Its economic infrastructure has attracted small and large businesses, in-cluding international corporations from all sectors of indus-try, technology, commerce, and education.
There is a wealth of excellent restaurants, bars, clubs, movie theaters, and other entertainment on offer which provide students with the opportunity to go out and social-ize. Upwards of 130 cultural events take place every month. Winterthur also has a lively arts scene; its numer-ous museums, art galleries, and exhibitions are highly re-garded by national and international art experts. A cultural highlight includes the internationally acclaimed “Museum for Photography Winterthur”. Science fans discover aston-ishing feats of technical innovation at “Swiss Science Cen-ter Technorama”. Situated in the heart of Europe, WinCen-ter- Winter-thur is a hub for road traffic and public transportation. A 20-minute train ride takes travelers to Zurich’s city center. And the world – at least via Zurich International Airport – is only a 10-minute train ride away.
COST
The tuition fee for the whole four-semester degree program currently amounts to CHF 4,400. This fee does not include the cost of teaching materials and additional curricular events.
21
Master’s Program (MSc) in Banking and Finance
CONTACT
HEAD OF PROGRAM
Prof. Hans Brunner, PhD
School of Management and Law Technoparkstrasse 2, 8400 Winterthur Phone +41 58 934 66 11
ADMINISTRATION AND REGISTRATION ZHAW Zurich University of Applied Sciences School of Management and Law
Student Services MSc St.-Georgen-Platz 2 P.O. Box 8401 Winterthur Phone +41 58 934 68 34 Fax +41 58 935 68 34 [email protected]
Prof. Hans Brunner, PhD
Head of Program MSc Banking and Finance
If you have any questions or need advice, please feel free to contact the Head of Program.
For further details about our consecutive Master’s pro-grams and to download the application form, please visit
Locations
St.-Georgen-Platz, 8400 Winterthur ZHAW School of Management and Law
LN Technopark (classrooms and lecture halls) MB Tista Murk Building (ZHAW Library)
Lucerne School of Business Institute of Financial Services Zug IFZ Grafenauweg 10 6304 Zug BUS Gubelstrasse Zähl er weg A abac hstr asse General-Guisan-Strasse A abac hstr as se Damm strass e Pila tuss trass e Alp enst rass e Bund esplatz Chamers trasse Bun dess trass e Gottha rdstrasse Grafenaustrasse Grafenauweg SBB-Station Alb isstrasse Alpe nstra sse Rig istr asse Baa rers tras se Baa rers tras se Gubelstrasse IFZ BUS BUS BUS
SITE PLAN ZUG
N BUS BUS BUS Wint erth ur-Töss SBB Sta tion Centre LN MB LT Zur K esse lsch mie de Töss feld stra sse Jäg erstra sse P io niers tr. W yland stras se Ka th arina -S ulz er-Platz Unt ere Voge lsan gstr asse Lagerhausstrasse Hochwachtstrasse Lärc hens tras se Sonnen bergstras se Jona s F urre r-S tras se Hei ligb erg stra sse Ar chstrasse Turbinenstrasse Zürc hers trass e Albr echtstrasse Agnesstrasse Maienstrasse Unter e Unt ere Voge lsan gst ra ss e Anton-Graf f-Strasse Zürcherstrasse Ob ere B rigge rstrass e Briggerstrasse Neuwiesenstr . Tech nopa rkst rass e Bahn mei ster weg P P S ul ze r-Hir zel-S tra s se
SITE PLAN WINTERTHUR
October 2015, Edition 200 This is a climate neutral printed matter / myclimate.or g / No. 01-15-227506
