If you enjoy crunching numbers and are keenly interested in analysing financial and economic trends, then a master's in Finance might be perfect for you!
This degree helps students understand more profound concepts about money management, financial analysis, investments, etc.
A Finance degree is considered the most popular major in the world. It holds great value in the professional world.
Students majoring in this degree can gain fruitful experience as they can have a deeper understanding of financial practices and their theoretical principles and develop critical technical and quantitative skills.
A Master of Finance in the U.K. can help you gain the necessary personal and professional growth skills by honing problem-solving and strategic thinking.
This degree gives you a more significant advantage for your career prospects and makes you capable of earning a competitive salary amongst different industries.
Why Choose a Master in Finance in the U.K?
- Pursuing a master's degree in Finance in the U.K. can open several career doors to one of the country's most reputable companies and accounting firms.
- The U.K. houses some of the best business schools in the world, including Oxford, Cambridge, and Warwick Business School.
- The government of the U.K. has initiated a two-year setback for international students who have completed their degrees, giving them adequate time to obtain a career path.
- The demand for Finance degree holders is still increasing in the job market with the vast job scope and competitive pay.
Top University for Finance in the U.K.
As per the 2023 QS Rankings, the below-mentioned universities are considered the best universities that offer MSc in Finance in the U.K. and globally. The ranking has been based on their course structures, academic reputation, and Faculty/student ratio.
College |
QS Rankings |
Course Name |
Duration |
Tuition Fees (GBP) |
University of Oxford |
4 |
MSc in Financial Economics |
9 months |
48,670 |
London Business School |
12 |
MSc Finance |
10-16 months |
50,100 |
University of Cambridge |
6 |
Master of Finance (MFin) |
12 months |
49,000 |
Imperial College of London |
=19 |
MSc Finance |
12 months |
39,000 |
University of Warwick |
38 |
MSc Finance |
12 months |
38,250 |
University of Manchester |
=19 |
MSc Finance |
12 months |
32,000 |
University of Edinburgh |
=46 |
MSc Finance |
12 months |
34,700 |
Lancaster University |
=65 |
MBA Finance |
12 months |
25,360 |
Bayes Business School |
72 |
Finance MSc |
12 months |
31,000 |
Durham University Business School |
=76 |
MSc Finance |
12 months |
31,000 |
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Master of Finance in U.K. entry requirements for international students
Specific documentation is required to ensure your application process runs smoothly. Academic Documentation and English Proficiency tests are required to move a step further in your admission process.
Documents |
Eligible Criteria |
English Requirements |
IELTS/TOEFL Minimum scores:
|
Academic Requirements |
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Additional Documentation |
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U.K. University Requirement and Information
University of Oxford
- IELTS/TOEFL Requirement: A minimum band score of 7.0 Overall and 6.0 on each component/ A minimum band score of 100 and above with no score less than 20 in all components
- 100 GBP Application fee required
- Academic Requirement: A minimum of 2nd Class Honors in the undergraduate level (3.5 GPA)
- Work Experience is not required but preferred (Internships are also considered)
University of Warwick
- IELTS/TOEFL Requirement: An overall band score of 6.5 and 6.0 in each component/ A band score of 92 and above with no band less than 20
- 35 GBP for Online Application Fee
- Academic Requirement: A minimum of 2nd Class Honors in the undergraduate level (3.5 GPA)
- GMAT/GRE is not required but is preferable for your application process
Lancaster University
- IELTS/TOEFL Requirement: An overall band score of 6.5 and 6.0 in each component/ A minimum band score of 94 and above with no score less than 20 in all components
- No application fee required
- Academic Requirement: A minimum of 2nd Class Honors in undergraduate level
Visa Application Process
A big part of studying abroad that international students must consider is applying for and getting a student visa. For a full-time course, students must possess a tier 4 student visa which can be obtained at the nearest embassy or with the help of a consultancy.
The mentioned list consists of the mandatory documents that you need to apply for a student
visa: -
- Valid Passport
- Passport size photograph
- Letter of Acceptance from the University
- English Proficiency Test Score
Scholarship for Master in Finance in the UK
Most of the universities in the U.K. offer several scholarship opportunities to deserving candidates. Depending upon their academic performance, contribution to research, alumni history, tuition fees are waived.
College |
Scholarship |
Oxford University |
Rhodes Scholarship |
London Business School |
Master in Finance Merit Scholarship |
Cambridge University |
Gates Cambridge Scholarship |
Warwick Business School |
Great Scholarship WBS |
Lancaster University |
Lancaster Global Scholarship |
Bayes Business School |
Clélia Haji-Ioannou Scholarship |
Durham University Business School |
Masters International Scholarship |
Job Prospects and Salary U.K.
Pursuing a master of Finance in the U.K. can lead to a promising career path that can give you financial stability and significant career advancements. Finance Degree Holders can work at the world’s leading companies and accounting firms, such as Goldman Sachs, JP Morgan, and Google.
The typical jobs for finance degree majors include Investment Bankers, Financial consultants, and accountants. The below table mentions the job profiles and the average salary.
Job Profile |
Salary in (GBP) per annum |
Investment Banker |
48,817 |
Stock Brokers |
50,996 |
Financial Consultant |
41,207 |
Accountant |
42,209 |
Financial Auditor |
38,590 |
Financial Analyst |
44,530 |
The UK has a lot to offer to a finance aspirant, including the program's short duration, high returns on investment, and a cheaper degree. Studying in the U.K. also offers an exciting experience.
Along with a good education, students can explore a whole new culture and learn from real-life experiences.
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