Pursuing a Masters in Finance in the UK offers a blend of academic excellence and practical experience in one of the world’s leading financial hubs. With renowned universities, cutting-edge curricula, and extensive industry connections, the UK provides an ideal environment for aspiring finance professionals to enhance their knowledge, develop critical skills, and advance their careers globally.
| Masters Of Finance In UK Programme Highlights | |
| Number of Universities | 127 |
| Duration | 9 months to 1 year |
| Average Tuition Fees | GBP 23,000 – GBP 47,000 |
| Eligibility | IELTS: 6.0 – 7.5, TOEFL: iBT: 100, Duolingo English Test: 125 |
| Job Positions | Financial Analysts, Commercial or Investment Bankers, Stock, Insurance or Real Estate Brokers, Economists, etc. |
| Top recruiters | Goldman Sachs, JP Morgan, Google, Morgan Stanley, HSBC, UBS, Barclays, Citi |
| Average Salaries | GBP 39,000 to 99,000 |
Why Study Masters In Finance In UK?
Studying Masters in Finance in the UK offers numerous advantages and benefits, making it an attractive choice for aspiring finance professionals. Here are some compelling reasons to consider pursuing a Masters in Finance in the UK:
- Renowned Universities and Reputation: The UK is home to several prestigious universities with a long-standing tradition of academic excellence. Institutions such as the University of Oxford, the University of Cambridge, the London School of Economics (LSE), and Imperial College London consistently rank among the top universities globally. Studying at these esteemed institutions enhances your credentials and opens various career opportunities.
- Career Prospects and High-Paying Jobs: According to the Financial Times, in 2022, around 91% of the graduates from the Master of Finance have been employed within three months of graduation. The UK’s finance industry offers many opportunities in investment banking, asset management, corporate finance, risk management, and financial analysis. The top three UK companies in the finance sector are Goldman Sachs, JP Morgan, and Google.
Top Universities For Masters In Finance In UK
Several top universities in the UK offer outstanding Master’s programmes in Finance. Based on factors such as tuition fees, QS rankings, and the variety of programmes offered, we have compiled a list of the top five universities you should consider for an MS in Finance in the UK.
| QS World University Rankings (2024) | University | Programme Offered | Application Deadline |
| #3 | The University of Oxford | MSc in Financial Economics | 6 March 2024 (Closed) |
| #2 | The University of Cambridge | Masters in Finance | 31 May 2024 (Closed) |
| #6 | Imperial College London | MSc Finance | Rolling Basis |
| #22 | The University of Edinburgh | MSc Finance | Round 4: 24 April 2024Round 5: 12 June 2024 |
| #32 | The University of Manchester | MSc Finance | 8 March 2024 (Closed) |
| #45 | London School of Economics and Political Science | MSc Finance | Rolling Basis |
| #55 | The University of Bristol | MSc Finance and Investment | 24 July 2024 |
| #67 | The University of Warwick | MSc Finance | 2 August 2024 |
| #=76 | The University of Glasgow | MSc Finance & Management | Round 4: 1 April 2024Round 5: 1 June 2024 |
| #104 | The University of Sheffield | MSc Finance | June 2024 |
Eligibility Criteria For Masters In Finance In The UK
When filling out the application form for a Master’s in Finance in the UK, ensure you upload the following supporting documents:
- A Bachelor’s degree with at least 60% in Maths, Finance, Science, Economics, or Engineering.
- GMAT or GRE scores (optional but highly recommended). Aim for a GMAT score of 650 or a GRE score of 320 or higher to strengthen your application.
- References from your most recent or current educational institution or workplace.
- Proof of 2 years of experience in core finance or finance-related roles (some institutes may also consider internships).
- A CV detailing your personal information, academic qualifications, work experience, skills, and expertise.
- A passport and student visa.
Admission Process For MSC In The UK
Admissions to UK universities occur in two intakes: January/February and September/October. To apply for an MSc in Finance in the UK, follow these steps:
1. Select a university offering an MSc in Finance.
2. Review the programme’s entry requirements.
3. Submit the application form and the required documents before the deadline.
4. Pay the stated fees and await your confirmation.
5. Upon receiving the confirmation email, pay the tuition fee deposit (if applicable).
6. Obtain the CAS letter and use it to secure a UK student visa.
Documents Required For Masters In Finance In The UK
When applying for a Master’s in Finance in the UK, you need to submit several documents. Make sure you have the following:
- UG degree certificate
- Statement of Purpose
- Letters of Recommendation
- GMAT/GRE scores
- English language proficiency scores
- Work experience letters
- CV/Resume
Cost Of Studying Master Of Finance In The UK
Tuition fees for a Master’s in Finance in the UK range from £23,000 to £47,000. The University of Cambridge has the highest annual tuition fee at £47,125. Here are the tuition fees for Master’s in Finance programmes at top UK universities:
| University | Total Programme Fees in GBP | Total Programme Fees in INR |
| The University of Oxford | 48,670 | 51,76,010 |
| University of Cambridge | 49,000 | 52,11,222 |
| Imperial College of London | 39,000 | 41,47,614 |
| The University of Edinburgh | 34,700 | 36,90,074 |
| The University of Manchester | 32,000 | 34,02,950 |
| London School of Economics and Political Science | 39,984 | 42,52,081 |
| The University of Bristol | 32,700 | 34,77,388 |
| The University of Warwick | 38,250 | 40,67,148 |
| The University of Glasgow | 29,370 | 31,22,932 |
| The University of Sheffield | 26,200 | 27,85,864 |
MSC Finance Salary In The UK
Master of Finance graduates can pursue careers in various sectors, including retail banking, insurance, and investment banking. Top recruiters include Barclays, EY, PwC, Deloitte, KPMG, HSBC, Morgan Stanley, Deutsche Bank, and Allianz. As an MSc Finance graduate from the UK, you can aim for several key job profiles. Here are some of the top ones:
| Job Title | Average Base Salary/ year |
| Financial Analyst | 44,530 GBP |
| Investment Banker | 48,817 GBP |
| Stockbroker | 34,430 GBP |
| Personal Financial Advisor | 41,988 GBP |
| Financial Manager | 59,638 GBP |
Scholarships For Masters In Finance In The UK
Pursuing a Master’s in Finance in the UK can be a significant financial investment, but various scholarships help ease the burden. These scholarships, offered by universities, government bodies, and private organisations, can provide partial or complete funding to deserving students. They aim to support academic excellence and enable talented individuals from diverse backgrounds to access world-class education and advance their careers in finance. Given below are some of the scholarships for masters in finance In the UK
| University | Scholarship | Amount Offered in GBP |
| Imperial College of London | MSc Finance Future Leaders Scholarship | 35,900 |
| University of Edinburgh | Business School International MSc Scholarship | 4,000 – 10,000 |
| University of Manchester | Alliance MBA Masters Scholarships for UK/ EU/ International Students | Full tuition fees |
| London School of Economics and Political Science | Graduate Support Scheme; LSE Master’s Award | 5,000 – 15,000, depending on financial need |
| University of Bristol | Global Accounting and Finance Scholarship | 5,000 |
| University of Warwick | WBS Scholarships | 25 – 50% of the tuition fees |
| University of Glasgow | Adam Smith Business School Scholarship | 10,000 |
| The University of Sheffield | International Merit Postgraduate Scholarship | 25% of the tuition fees |
| University of Cambridge | MFin Programme Scholarship | 5,000 – 25,000 |
| University of Oxford | Alumni Annual Fund Scholarship | 10,000 |
| Oxford Said – HEC Montreal Scholarship | 53,000 |
FAQs
Why is the UK best for a Masters in Finance?
Studying Masters in Finance in UK provides students with the opportunity to receive a top-class education and position themselves in high-paying job profiles. The country is home to well-ranked universities making it an ideal choice for aspiring finance professionals.
What is the average salary for a Masters in Finance in the UK?
The average salary for Masters in Finance ranges between £34,430- £59,638 per year.
Which university is best for a Master in Finance in the UK?
The University of Oxford is considered the best to pursue a Masters in Finance in the UK.
Which country is best for a Masters in Finance?
United Kingdom is considered to be the best to pursue Masters in finance. Apart from that, countries like Germany, Norway, Switzerland, Sweden and USA are great destinations too.
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I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further