Chartered Banker Institute and Cranfield School of Management join forces to launch MSc in Retail and Digital Banking

• 11 October 2018
• News | Press release | Professionalism and Ethics

The Chartered Banker Institute is delighted to announce a new and exciting collaboration with the Cranfield School of Management.

The Institute has formally accredited Cranfield’s MSc in Retail and Digital Banking, which has been launched initially with 31 Metro Bank apprentices. The programme has been designed specifically for banking in a digital age and will enable future generations of bankers to add knowledge and expertise of technology to core banking skills such as credit, risk and regulation. The University plans to open this up to a wider population from next year.

The Institute’s accreditation of this Master’s degree, makes it one of a select few in the UK to be offered this level of recognition, with those successfully completing it, being awarded the Chartered Banker Diploma and Chartered Banker status with the Institute. 

Ongoing Chartered Banker status is subject to adherence to the Chartered Banker Institute’s rules and regulations, including the Code of Conduct, and completion of annual Continuing Professional Development as appropriate to the membership grade.

Chartered Banker is the gold standard for professionals working in the banking sector and is recognised globally as a measure of enhanced standards of excellence and professionalism. The Cranfield School of Management is ranked within the top 10 UK for MSc in Finance and Management according to the Financial Times and number 1 in the UK and number 7 in the world for MSc in Management according to the Economist ranking (2017).

Simon Thompson, Chief Executive, Chartered Banker Institute, commented: “At a time when banks and banking are being shaped by new technology, the launch of Cranfield’s new MSc, in partnership with Metro Bank and the Chartered Banker Institute, couldn’t be timelier.  Future generations of banking leaders need to develop their professional expertise in a wider range of fields than ever before, including banking, technology, management and leadership.  The new MSc in Retail and Digital Banking will help Metro Bank’s future leaders – and many more – develop and demonstrate the knowledge and skills needed to shape the future of banking.  We are, therefore, delighted to accredit the programme and look forward to welcoming those who successfully complete it to our rapidly growing, global family of Chartered Bankers.”

Professor Catarina Figueira at Cranfield School of Management added: “This is the first master’s-level apprenticeship in the UK aimed specifically at senior banking professionals. Having the programme accredited by the Chartered Banker Institute is a fantastic endorsement and will give our students the added benefit of professional recognition. Speaking to professionals across the banking sector, there is a real need for future leaders to understand the changing nature of banking in the digital age.”

“It’s a very exciting initiative, which has also provided Cranfield with the opportunity to collaborate with Metro Bank, a thriving financial institution which clearly understands what the market demands and is growing at a fast pace.”