Introduction
Pursuing a master’s in finance in the UK is a sought-after choice for international students due to the UK’s prestigious institutions and strong global finance network. With the UK’s unique position as a global financial hub, studying finance here offers a blend of theoretical knowledge and practical experience.
MSM Unify, a trusted overseas education consultant, is committed to helping students find the most suitable institutions, programs, and study destinations. In this guide, we cover everything you need to know about a Master’s in Finance in the UK, from costs to top universities and career prospects.
Why study Master’s in Finance in UK?
1. Global recognition and quality education
With top universities consistently ranked among the best for finance studies, a master’s in finance in the UK provides a robust foundation in financial theories and practices that employers value.
2. Vibrant financial hub
The UK, particularly London, is a thriving global financial hub. This unique setting offers finance students access to internships, networking, and career opportunities with leading banks, investment firms, and multinational corporations.
Leading universities in UK for Master’s in Finance
Below are some of the top universities in the UK known for their finance programs:
|
University |
QS World Rankings 2024 (Finance) |
Location |
| London Business School | 1 | London |
| University of Oxford | 2 | Oxford |
| University of Cambridge | 3 | Cambridge |
| London School of Economics (LSE) | 5 | London |
| University of Warwick | 10 | Coventry |
| Imperial College London | 11 | London |
| University of Manchester | 19 | Manchester |
Disclaimer: Rankings are approximate and may vary based on the source and year.
These universities are known for their world-class faculty, comprehensive curriculums, and strong industry connections. MSM Unify can guide you through selecting the right university and program based on your career goals.
Masters in Finance in UK fees
The cost of study in UK for a master’s in finance varies significantly based on the university, location, and program structure.
|
University |
Fees (GBP) |
| London Business School | £35,000 – £40,000 approximately |
| University of Oxford | £40,500 approximately |
| University of Cambridge | £38,000 approximately |
| London School of Economics (LSE) | £32,000 – £35,000 approximately |
| University of Warwick | £28,000 – £30,000 approximately |
Please note: Tuition fees are approximate and subject to change. Always verify with the university for the latest figures.
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Masters in Finance salary in UK
Earning a Master’s in Finance in the UK can unlock rewarding and high-paying career opportunities in UK:
|
Job role |
Average annual salary (GBP) |
| Financial Analyst | £40,000 – £50,000 approximately |
| Investment Banker | £50,000 – £80,000 approximately |
| Portfolio Manager | £60,000 – £90,000 approximately |
| Financial Consultant | £45,000 – £60,000 approximately |
| Risk Manager | £55,000 – £70,000 approximately |
Please note: Salaries are approximate and can vary depending on factors like location, experience, and employer.
Career prospects
Graduates can explore various roles, such as financial analysts, investment bankers, consultants, or risk managers. MSM Unify can help you navigate the career options post-graduation by aligning your skills with the right job market.
Masters in Finance UK requirements
Each university has unique admission requirements, though some common criteria are:
-
Bachelor’s degree
Typically, a degree in finance, economics, business, or a related field is required.
-
GPA
A strong academic record (equivalent to a UK 2:1 or higher) is often needed.
-
English proficiency
International students must usually provide TOEFL or IELTS scores.
-
Work experience
Some programs, especially those at top institutions, may require relevant work experience.
MSM Unify’s advisors can support you through the application process, ensuring you meet all requirements for your chosen universities.
Cost and living expenses for MS in Finance in UK
In addition to tuition fees, living expenses in the UK are an important factor to consider:
|
Expense |
Cost per month (GBP) |
| Accommodation | £700 – £1,200 approximately |
| Food and groceries | £200 – £300 approximately |
| Transportation | £100 – £150 approximately |
| Miscellaneous | £150 – £200 approximately |
| Total estimated monthly cost | £1,200 – £1,850 approximately |
Please note: Living costs are approximate and can vary.
London tends to have higher living costs than other UK cities, but affordable options exist across regions. MSM Unify can help you evaluate cost-effective options to fit your budget.
Benefits of studying in UK with MSM Unify
1. 1,86,000+ students supported
With 50,000+ programs across 21 study destinations, MSM Unify is an invaluable resource for students aiming to study a master’s in finance in the UK.
2. Tailored guidance
Our consultants can help you choose the most suitable institutions and programs based on your career goals, academic background, and budget.
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Conclusion
Choosing to study in the UK for a master’s in finance is a rewarding decision with numerous advantages. From world-renowned institutions to excellent career prospects, the UK offers international students a compelling platform for growth and success.
MSM Unify can guide you every step of the way—from selecting a program to planning your budget and securing admission. With our extensive resources and expert advisors, we are here to help you realize your study abroad aspirations.
FAQs
1. What is the typical tuition fee for a Master’s in Finance in the UK?
Tuition fees range from £28,000 to £40,000 per year approximately, depending on the university and program.
2. Are scholarships available for international students pursuing a Master in Finance in the UK?
Yes, numerous universities and organizations provide scholarships based on merit or financial need.
3. How long does it take to complete a Master in Finance in the UK?
Most programs take one year to complete full-time.
4. What is the typical salary after a Master in Finance in the UK?
Graduates can expect an average starting salary of £40,000 to £50,000 approximately, depending on the role and location.
5. Which cities are best for studying a Master in finance in the UK?
London, Oxford, Cambridge, and Manchester are popular for finance studies and career opportunities.
6. Do UK finance programs require work experience for a Master in Finance in the UK?
Some programs, especially at top universities, may require relevant work experience.
7. Is London more expensive for students studying a Master in Finance in the UK than other cities?
Yes, London has higher living costs than most UK cities, but students can manage costs with careful planning.
8. What are the job prospects after a Master in Finance in the UK?
Graduates can pursue careers in investment banking, financial consulting, risk management, and more.
9. Do I need a finance background to apply for a Master in Finance in the UK?
While it helps, some programs may accept students from related fields, such as economics or business.
10. How can MSM Unify help me with my application for a Master in Finance in the UK?
MSM Unify’s consultants offer personalized guidance to help you choose the best program, understand application requirements, and secure admission.
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