Finance Courses in UK

Finance Courses in UK

Finance Courses in UK
Bijay PoudelMon Nov 14 2022

The United Kingdom is home to some of the best universities in the world for studying actuarial science, accounting, and finance. 

The UK offers an enormous variety of finance courses due to its status as the most excellent financial center in the world. 

After working for the "big four," you can get employment with prestigious banks and accounting firms and make between £50,000 and £57,000 per year. 

Keep reading to learn more about the advantages of studying finance in the UK!

Top Finance Certification Courses in the UK

In the UK, you can take the following finance Certification courses:

Chartered Financial Analyst (CFA) Certification

All across the world, financial professionals aspire to have the CFA designation. There are three stages, and it takes each one around four years to complete. It is recognized as one of the most sought-after financial credentials.

This financial certification emphasizes investment analysis and portfolio management.

Along with mathematics, important test topics include economics, financial reporting and analysis, corporate finance, portfolio management, equities, fixed income, derivatives, and alternative investments.

The cost of the designation ranges from $4,000 to $5,000 depending on whether you have to retake any tests and how soon (or late) you apply.

Schedule a time to sit for your exams. Less than 20% of candidates for the whole certification program—all three levels—pass.

Certified Financial Planner (CFP) Certification

Consider getting a CFP accreditation if you're interested in a finance or wealth management profession. As the name suggests, it concentrates on financial planning, the high net worth or retail sector of investment management. A CFP certification is required for anyone who wishes to work with high-net-worth individuals.

One of the least expensive finance certifications is the CFP, which typically costs $2,000 (1,48,405.00 INR) but might vary depending on how many course materials you buy. Sixty-seven percent of students pass the exam.

Certified Public Accountant (CPA) Certification

Many financial professionals choose to get an accounting qualification rather than a finance certification. A CPA is the gold standard in the accounting field and is beneficial for a career in finance. The attestation and auditing, business environment and principles, financial accounting and reporting, and regulation topics are covered in the CPA program.

A CPA certification typically costs roughly $3,000 (2,22,715.50 INR), and the student's employer foots the bill. Every exam has a different pass rate, but it's usually about 50% on the first try.

Financial Modeling & Valuation Analyst (FMVA)® Certification

Professionals in corporate finance now have a new and more common option: earning a financial modeling certification from a company like CFI. Using Excel, the course covers everything from building an economic model to sophisticated valuation techniques and sensitivity analysis. An affordable investment is CFI's extensive Financial Modeling & Valuation Analyst Program (FMVA), which costs $497 (36,878.64 INR) and consists of over 24 modules and over 100 hours of video teaching. A rough 70% of test takers pass the FMVATM exam.

Financial Risk Manager (FRM) Certification

The FRM certification is accessible for people who desire to work as risk officers, risk analysts, or in other risk management jobs. The designation takes about a year and costs about $1,500 (1,11,303.75 INR). The passing percentage for the FRM designation is about 50%.

Finance Courses in the UK: Entry Requirements

Requirements for Undergraduate Courses

Academic Requirement

  • A-levels: AAB
  • International Baccalaureate (IB) Diploma: 34-36 points
  • UCAS tariff point range: 160 to 180

English Language Requirements

  • IELTS: 6.5, minimum of 6.0 in each band
  • TOEFL (IBT): 93

Documents Required

There are various documents we must upload to support the application form to enroll in Undergraduate finance courses in the UK:

  • Mark sheets from 10th and 10+2
  • English language tests include the TOEFL, IELTS, PTE, GMAT/GRE, and others.
  • a CV that contains all pertinent biographical data, educational background, professional experience, and other essential information.
  • 500-word essay outlining your reasons for selecting this program and this university and how the program will help you build a better future.

Requirements for Postgraduate Courses

Academic Requirement

  •  2:1 or above (or international equivalent) in a topic involving a lot of math and numbers.

English Language Entry Requirement

  • IELTS: 7.0, minimum of 6.5 in each band

Documents Required

There are various documents we must upload to support the application form to enroll in Postgraduate finance courses in the UK:

  • TOEFL, IELTS, PTE, and GMAT/ GRE scorecards are examples of English language tests. The 10th, 10+2, and all semesters of the bachelor's degree grade sheets.
  • References from your present and former institutions and references from your current or former employers.
  • two years' worth of experience in basic finance or a comparable field (in some institutes, internships are also considered)
  • a resume that contains all pertinent information, such as name, contact information, educational background, and professional experience.
  • Essay of no more than 500 words outlining your reasons for selecting this program and this college and how the program will help you build a better future.

Finance Courses in the UK: Master of Finance

A master's degree in finance can be obtained in just one academic year from any of the more than 100 universities in the United Kingdom, just like many other degrees accessible in Europe. To enroll in a course at a UK university, international students need a budget between 23,000 and 47,000 GBP (tuition fee).

The Master of Science (MSc) or Master of Finance is the most popular degree for master's in finance and other finance-related courses (MFin). The following courses are typically required for masters in finance programs in UK colleges:

  • Foundation Courses: The foundation modules help students understand the fundamentals and critical financial instruments by covering topics including debt, equities, financial derivatives, market efficiency, portfolio risk, and diversification. It also includes details on basic probability and statistical principles. Students without a financial background will gain a lot from this module.
  • Electives: Students can choose elective classes to further their interests and advance their careers. Advanced Corporate Finance, Applied Trading Strategies, Advanced Options Theory, Asset Allocation & Investment Strategies, Banks, Regulations & Monetary Policy, Credit Risk, Fixed Income Securities, Macroeconomics & Finance for Practitioners, and Introduction to Quantitative Investing are just a few of the required electives that one can select from.
  • Corporate Finance: Some of the subjects covered in the core corporate finance module include derivatives, financial econometrics, investments and portfolio management, macro-finance, and mathematics for finance.
  • Projects: To assist students in connecting theory and practice, this course also contains various projects.

Top Universities for Master of Finance in the UK 

Here are the Top Universities for Master of Finance in the UK with Program details and course duration:

University

Program

Course Duration

the University of Oxford

MSc in Financial Economics 

9 months

the University of Cambridge

Masters in Finance 

1 year

Imperial College of London

MSc in Finance and Accounting; MSc in Finance

1 year

University of Edinburgh

MSc Finance

1 year

University of Manchester

MSc Finance 

1 year

London School of Economics and Political Science

MSc Finance

10 months

University of Bristol

MSc Finance and Investment 

1 year

University of Warwick

MSc Finance 

1 year

University of Glasgow

MSc Finance & Management 

1 year

University of Sheffield

MSc Finance 

1 year

Finance Courses in the UK: Career and Job Scope

The financial management, insurance, commercial banking, and hedge fund industries are all open to Master of Finance program graduates. 

Developing a career in finance can be challenging, but the pay is competitive depending on position, industry, and experience. 

An accountant or financial professional in the United Kingdom typically earns around 115,000 GBP annually (11,50,132 INR). After two to five years of experience, a raise of up to 32% is possible.

The following table lists the top recruiters in the several fields where finance graduates are employed:

Sector

Recruiters

Average Salary (GBP/year)

Professional Services

EY, PwC, Deloitte, KPMG

90,000

Retail Banking and Building

HSBC, Barclays, Lloyds Banking Group

80,000

Investment Banking

Morgan Stanley, Deutsche, JP Morgan

75,000

Insurance

Admiral Group, Aviva, Allianz, AXA, Prudential

72,0009

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