What to Know Before Starting a Master’s in Finance in the UK

If you’re looking to pursue your career in the world of finance, you may want to look into a master’s in finance. The UK is renowned for its top-quality universities and being a global financial hub with solid links to the industry, making it the perfect location to study. 

This blog post will explore all the reasons why taking up a finance degree in the UK is a smart choice as well as the benefits of studying in the UK, eligibility requirements, documents you’ll need to apply for and more information so you can make the best choice for your career. Read on to find out everything you need to know. 

 

What is a Master’s Degree in Finance?

 

A master’s in finance is a postgraduate degree in Finance designed to provide advanced knowledge and practical skills in financial theory, quantitative methods and real-world financial applications. 

While studying this type of degree, you’ll usually come across topics such as corporate finance, asset markets, investment analysis, risk management and financial engineering. These programmes are perfect if you’re particularly interested in the banking, investment management, consulting or corporate finance sectors. 

 

Why Study a Master’s in Finance in the UK?

 

The UK is home to some of the world’s top finance programmes, offered by multiple prestigious institutions. London, as a leading global financial centre, provides exceptional networking opportunities, access to internships and exposure to multinational employers. 

Finance courses in the UK are internationally recognised, meaning your degree will be able to travel borders, impressing employers all over the globe. It usually takes one year to complete a course like this, which is taught by research-active academics and industry professionals, ensuring you get both an academic and practical educational experience.  

 

MSc Finance Eligibility Criteria

 

Eligibility requirements for MSc finance courses in the UK vary by university, but here is what you will typically expect to find: 

• A strong undergraduate degree, usually a 2:1 (upper second-class honours) or above, in finance, economics, mathematics, engineering or a related quantitative field. 

• Evidence of quantitative skills, often demonstrated through prior coursework in mathematics, statistics or econometrics. 

• Some universities consider applicants from less quantitative backgrounds if the applicant has completed relevant modules or professional qualifications (such as CFA Level 1). 

• English language proficiency for international students, typically proven by IELTS or TOEFL scores. 

 

Course Structure of MSc Finance

 

A master’s programme in finance is typically structured over 9 to 12 months of full-time study or up to 21 months part-time. 

Here’s what you can expect from the curriculum: 

• Core modules

  Corporate finance, asset markets, financial modelling and quantitative methods. 

• Elective modules

  Risk management, portfolio management, mergers and acquisitions, financial engineering and advanced derivatives. 

• Applied components

  Case studies, group projects and sometimes a dissertation or capstone project. 

• Professional development

  Some programmes offer CFA preparation, Bloomberg Market Concepts certification or hands-on trading experience. 

Evening or weekend classes may be available for part-time students, especially in London, to accommodate working professionals. 

 

Benefits of Pursuing a Master’s in Finance in the UK

 

• Global recognition

  UK degrees are highly regarded by employers worldwide. 

• Industry connections

  The proximity to London’s financial districts will give you access to top firms, guest lectures and networking events. 

• Short duration

  Most programmes are completed in one year, allowing for a quicker return to the workforce. 

• Diverse student base

  Students from around the globe create a rich learning environment and international network. 

• Practical skills

  There’s a strong emphasis on real-world applications, including trading simulations, internships and industry projects. 

 

Required Documents for a Finance Master’s in the UK

 

If you’re thinking about taking up a finance course or even an online master’s in finance, here are the required documents you’ll need when it comes to completing your application. 

Applications typically require: 

• Academic transcripts and degree certificates 

• Personal statement or statement of purpose 

• CV or resume 

• Letters of recommendation (usually two) 

• Proof of English language proficiency (if applicable) 
  
  
• Professional qualifications (if relevant) 
  
  
• Passport copy (for international applicants) 

Some universities may also request a research proposal, especially if the programme includes a dissertation. 

 

Online and Part-Time MSc Finance Options in the UK

 

Many UK universities now offer flexible study options, including online finance courses or a blend of online and on-campus study. Take a look below to see the main differences.  

• Online MSc Finance

  Fully online programmes allow students to study from anywhere, often with part-time pacing. These programmes cover the same core content and are great if you’re studying alongside a full-time job or if you’re unable to relocate. 

• Part-Time MSc Finance

  Designed for those working full-time, these programmes typically take 21–24 months and offer evening or weekend classes, especially in London. 

Both options maintain academic rigour and provide access to university resources, virtual networking and career support. 

 

How Much Does an MSc in Finance Cost in the UK?

 

Tuition fees for master’s in finance in the UK programmes in the UK vary widely: 

• Top universities: £23,000 to £47,000 per year. 

• More affordable options: Some universities outside London offer programmes from £15,000 to £22,000 per year. 

• Living costs: London is the most expensive, with monthly costs over £1,360. Smaller cities and towns offer lower living expenses, typically £635 to £1,040 per month. 

Prospective students should also budget for books, materials, travel and personal expenses. 

 

Career Opportunities After a Master’s in Finance in the UK

 

There are a multitude of finance graduate jobs in the UK. Graduates of this sort of course are highly sought after by global employers. As we mentioned above, this degree can open doors to a range of roles in sectors from corporate finance to asset management to even the exciting field of fintech.  

Major recruiters include Goldman Sachs, JP Morgan and Google, with starting salaries ranging from £39,000 to £99,000 per year, depending on the role and location. 

 

Top Career Paths for MSc Finance Graduates

 

Now that you’ve got an idea of what a finance course entails and what you’ll need to apply, let’s take a look at what will be waiting for you after completing your degree. 

Here are the top finance careers in the UK for graduates: 

Financial Analyst

Financial analysts interpret financial data, forecast trends and support decision-making in corporations, banks or investment firms. They play a crucial role in budgeting, valuation and strategic planning.

Investment Analyst

Investment analysts focus on researching securities, markets and economic trends to guide investment decisions. They often work for banks, asset management firms or hedge funds.

Portfolio Manager

Portfolio managers construct and manage investment portfolios, balancing risk and return to meet clients’ objectives. They may work for mutual funds, pension funds or private wealth firms.

Risk Analyst

Risk analysts assess potential threats to an organisation’s financial health, including market, credit and operational risks. They develop strategies to mitigate these risks and ensure regulatory compliance.

Financial Advisor

Financial advisors offer tailored advice on investments, retirement planning, tax strategies and overall financial well-being to individuals and businesses.

 

A master’s in finance from LSBF UK is a powerful credential that can accelerate your career in the global financial sector. With rigorous academic training, practical experience and access to industry networks, graduates are well-equipped for a variety of high-impact roles. By preparing thoroughly and understanding what to expect, you can make the most of your study experience in the UK and set yourself up for a successful career in the financial sector. 

 

FAQs about studying finance in the UK

 

 1. What is the duration of a UK master’s in finance programme?

 Most full-time MSc Finance programmes in the UK last 9–12 months, while part-time options typically take 21–24 months to complete. 

2. Which financial course is popular in the UK?

 The MSc Finance is the most widely recognised and popular postgraduate finance qualification, offered by leading universities across the country. 

3. When should I start applying for a master’s in finance in the UK?

 Applications usually open in the autumn for entry the following September. It’s advisable to apply early, as programmes fill up quickly and some universities have rolling admissions or multiple deadlines. 

4. Are there part-time or online options for studying finance in the UK?

 Yes, many universities offer part-time and online master’s in finance programmes, allowing students to balance studies with professional or personal commitments. 

5. Are scholarships available for international students of an MSc in Finance?

 Many UK universities offer scholarships for international students based on academic merit, financial need or specific criteria. It’s important to check each university’s website for details and application deadlines.