MSc Finance and Investment degree

Entry requirements
2:1 +
Full-time
1 year
Part-time
Not available
Start date
September 2020
UK / EU fee
£13,800
International fee
£23,200
Location
Loughborough
Application status
Open

Overview

Our MSc Finance and Investment programme is designed to fast-track the careers of graduates from non-finance backgrounds who want to pursue a career in financial management for commercial and non-commercial organisations.

Studying investments raises some interesting issues, such as; why do companies trade so much? Is the best investment strategy to simply track the stock market index? How should risk be measured? How should assets be priced?

Our masters in Finance and Investment will provide you with tools to evaluate issues facing financial market participants and to improve the practice of investment and risk management. It focuses on both the trading and portfolio management sides of finance and has a substantial focus on investment within core modules, including portfolio management, financial trading and global investment analysis. These draw on the cutting-edge research expertise of our School staff.

You will be taught by internationally renowned academics who are able to bring fresh insights into their teaching; both from their research, and their advisory roles on government policy and in industry. Research strengths include Corporate Finance, Accounting, Financial Markets and Corporate Governance. Teaching is academically rigorous and strong emphasis is placed on practical relevance. MSc Finance and Investment shares a common taught first semester with MSc Finance and MSc Finance & Investment before specializing in Corporate Finance in semesters two and three.

MSc Finance and Investment is accredited by the Chartered Institute of Management Accountants (CIMA); the world's largest body of management accountants. It offers at least 6 exemptions from CIMA's professional examinations. This is strong recognition of the professional relevance of this programme for students wishing to work in the Finance function of a business or multinational organisation.

CIMA Logo

Our Trading Room, which incorporates Thomson- Reuters Eikon financial trading software, is integrated into the programme and will provide the platform for many of the computer lab sessions, enabling you to practically apply concepts you have learned during the programme. Currently students have access to the Trading Room in the evenings and at weekends. Students can work independently towards a certificate of competency in EIKON which is awarded by Thomson-Reuters.

Who should study this programme?

Our MSc Finance and Investment programme is ideal for graduates with ambitions to work in investment management, investment banking and related sectors. You learn about trading, portfolio management and global investment analysis and have exposure to key financial trading software throughout the course. 

Why you should choose us

Why you should study this degree

What makes this programme different?

What you'll study

Our MSc Finance and Investment will give you the analytical skills to critically evaluate complex investment issues, both systematically and creatively, to improve the practice of risk measurement and investment management.

Methods for Financial Data Analysis (15 credits)

This module will provide you with a solid foundation in the mathematical and statistical techniques and skills used both in your other MSc modules and in the financial industry.

Module content

Topics studied may include:

  • mathematical relationships and functions
  • basic calculus, including maximisation and minimisation
  • descriptive statistics and graphical data summary
  • statistical inference and hypothesis testing
  • regression analysis
  • multicollinearity
  • heteroscedasticity
  • serial correlation
  • basic diagnostic testing.

Learning outcomes

On completion of this module you will:

  • have an understanding of the standard mathematical and analytical techniques used by financial analysts and financial market participants, and an awareness of the strengths and weaknesses of these methods
  • be able to apply basic techniques of data description and analysis to financial data
  • have developed their skills in numeracy, data description, the use of spreadsheets and statistical software.

Teaching and learning

  • practical classes and workshops: 4 hours
  • lectures: 20 hours
  • guided independent study: 126 hours

Assessment

  • 1,500-word individual coursework project: 25%
  • 2-hour exam: 75%

Principles of Finance (15 credits)

This module will give you a broad understanding of the core issues in finance and develop your numerical reasoning and data interpretation.

Module content

Topics studied may include:

  • rates of return
  • interest rates and the time value of money
  • capital budgeting
  • portfolio theory
  • Capital Asset Pricing Model (CAPM)
  • the efficient market hypothesis
  • the weighted average cost of capital
  • basics of capital structure

Learning outcomes

On completion of this module you will be able to:

  • explain and interpret rates of return, interest rates and basic bond pricing
  • critically discuss the advantages and disadvantages of using various capital budgeting techniques
  • undertake a detailed Net Present Value calculation, including calculating the weighted average cost of capital and incorporating taxation
  • analyse the rudiments of portfolio selection and how the Capital Asset Pricing Model follows from this environment
  • analyse the theory of and selected empirical evidence on the Efficient Markets Hypothesis
  • evaluate the impact of capital structure on the value of the firm
  • evaluate arguments and evidence in relation to fundamental issues in corporate finance and investments
  • employ appropriate tools to analyse and solve problems faced by corporate treasurers and fund managers
  • construct a financial data set and apply core financial concepts to analyse it
  • communicate quantitative information, analysis, argument and conclusions appropriately for a professional audience

 

Teaching and learning

  • practical classes and workshops: 8 hours
  • lectures: 22 hours
  • guided independent study: 120 hours

Assessment

  • 2,000-word group coursework assignment: 25%
  • 2-hour exam: 75%

Financial Markets and Institutions (15 credits)

This module will give you an overview of the financial system, including:

  1. an appreciation of the economic problems that financial institutions and markets seek to overcome
  2. an understanding of the organisation and operation of the major financial institutions and markets
  3. an appreciation of the impact of technology and regulation on the evolution of the industry
  4. an awareness of how alternative structures of financial systems seek to solve common problems.

Module content

Topics studied may include:

  • an overview of the financial system
  • a short history of money
  • banking and banking relationships
  • bonds and bond markets;
  • money markets and liquidity
  • equity finance and corporate governance
  • equity markets and equity trading
  • payments systems and financial infrastructure
  • derivatives and proprietary trading

Learning outcomes

On completion of this module, you will be able to demonstrate a comprehensive understanding of:

  • the functions of a financial system
  • the structure of the global financial system
  • the contractual and informational costs involved in financial intermediation
  • the main types of financial institution and the principal markets in which they operate
  • the historical development of money and banking and of bond and equity markets
  • the role of the central bank in the financial system
  • the broad costs and benefits of different financial activities.

You will also have:

  • acquired knowledge of many of the key terms widely used in financial markets and financial institutions
  • an understanding of the balance sheets and income statements of banks and other financial intermediaries
  • the ability to critically discuss some of the major controversies about the efficiency and stability of the financial system.
  • skills in accessing and summarising data from professional (BankScope and other financial) databases
  • knowledge of identifying and extracting key information from a large body of printed and electronic material on the internet and in the financial press and other sources.

Teaching and learning

  • practical classes and workshops: 6 hours
  • lectures: 20 hours
  • guided independent study: 124 hours

Assessment

  • group Wiki project: 5%
  • group financial institution report: 20%
  • 2-hour exam: 75%

Financial Reporting and Company Performance (15 credits)

This module will enhance your financial literacy and develop your ability to analyse and interpret company financial performance.

Module content

Topics covered may include:

  • the nature and purpose of financial reporting in theory and practice
  • published financial statements and their relevance to stakeholder needs
  • analysing the financial strengths and weaknesses of an organisation within its environment
  • international regulation of financial reporting
  • accounting for pensions

Learning outcomes

On completion of this module you will be able to:

  • define and critically evaluate fundamental principles and concepts of financial reporting
  • analyse and interpret financial reports prepared in accordance with International Financial Reporting standards
  • critically discuss the contents of published financial reports and the regulation of financial reporting in an international context
  • apply fundamental accounting concepts, principles and techniques in the preparation of both cash and accruals based financial reports
  • calculate appropriate ratios for analysis and interpretation of financial information
  • critically evaluate alternative solutions in complex scenarios

Teaching and learning

  • practical classes and workshops: 2 hours
  • lectures: 33 hours
  • guided independent study: 115 hours

Assessment

  • 3-hour exam: 100%

Business Communication for Finance (15 credits)

This two-semester module will see you develop an understanding of the financial professional's role in managing company performance.

Module content

Topics studied may include:

  • analysis of financial information
  • use of Balanced Scorecard approaches to develop strategic understanding of business performance
  • self-management: exploring key issues in the areas of developing professional skills such as time management, interpersonal skills and self-learning.
  • team working: key theories of team working
  • leadership: key theories and practical issues around areas such as project management and decision making.

Learning outcomes

On completion of this module you will be able to:

  • demonstrate understanding of the interplay between financial and non-financial performance measurement
  • explain and apply key theoretical and practical approaches to communication skills development, including self-awareness and team working
  • explain and apply key theoretical and practical approaches to leadership
  • define, apply and appraise a suitable framework for business performance management
  • identify and apply effective communication strategies within an organisational setting
  • work effectively in a team to complete a project on time and produce a high quality presentation
  • apply communication and interpersonal skills to project work

Teaching and learning

  • practical classes and workshops: 4 hours
  • lecturesL 20 hours
  • guided independent study: 126 hours

Assessment

  • group presentation: 25%
  • 1,500-word individual essay: 25%
  • 2,500-word group pproject: 50%

Portfolio Management (15 credits)

This module will:

  1. develop the skills you need to apply knowledge and understanding to complex issues in portfolio management
  2. allow you to apply tools of analysis to critically evaluate portfolio management issues and performance outcome
  3. build on the skills and knowledge from the semester one module Principles of Finance and selectively apply these in a portfolio context.

Module content

Topics studied may include:

  • term structure of interest rates
  • bond portfolio management
  • stock selection
  • multifactor asset pricing models
  • investment funds and equity portfolio strategies
  • portfolio performance evaluation.

Learning outcomes

  • On completion of this module you will be able to:
  • assess how selected theories of finance apply in the portfolio management context and the empirical evidence on these
  • appraise the role of portfolio management for the wider economy
  • analyse alternative models of risk measurement
  • evaluate arguments, theory and evidence in relation to key issues of portfolio management
  • construct a data set from relevant sources for application
  • synthesise important issues and themes from the portfolio management and performance literature
  • obtain, analyse and apply information from a variety of sources including publicly available material
  • use skills in synthesis
  • work in a team to produce a professional report for an appropriate audience (eg for portfolio managers).

Teaching and learning

  • practical classes and workshops: 2 hours
  • lectures: 30 hours
  • guided independent study: 118 hours

Assessment

  • 2,000-word group coursework assignment: 75%
  • 2-hour exam: 75%

Financial Statements and Business Valuation (15 credits)

This module will deepen and broaden your understanding of conceptual and theoretical issues in accounting and financial management through real life examples. You will also develop an understanding of the analysis of firms' financial reports relevant to the investment decision and firms' valuations.

Module content

This module uses the published accounts of major corporations to derive value metrics usable in fundamentals driven trading strategies. Content includes:

  • uses of financial statements
  • accrual accounting and valuation models
  • analysis of reformulated financial statements.

Learning outcomes

On completion of this module you will be able to:

  • analyse the origins of corporate value
  • critically evaluate how shareholder wealth is created and destroyed
  • question the links between financial management and financial stock market analysis
  • analyse financial accounting and capital market information in real life cases and situations
  • gather financial and other relevant business data from public sources including real-time business information services
  • construct Excel-based valuation templates.
  • reason numerically and interpret numerical information
  • work as a team to gather real-time data and use appropriate analytical tools to produce a group project.

Teaching and learning

  • practical classes and workshops: 4 hours
  • lectures: 30 hours
  • guided independent study: 116 hours

Assessment

  • 2,000-word group coursework assignment: 25%
  • 2-hour exam: 75%

Derivatives and Risk Management (15 credits)

This module will introduce you to derivative instruments and their use in risk management.

Module content

Topics covered may include:

  • derivatives markets
  • pricing of futures and forwards contracts
  • swaps
  • option pricing
  • applications of derivatives instruments in hedging and speculation.

Learning outcomes

On completion of this module you will be able to:

  • analyse the operation and pricing of derivative instruments, including futures and options, and their function for the purpose of hedging, speculation and arbitrage
  • identify the fundamental concepts of derivative financial instruments
  • evaluate the roles and effectiveness of derivative instruments in risk management
  • solve structured theoretical problems relating to pricing derivative instruments

Teaching and learning

  • practical classes and workshops: 2 hours
  • lectures: 20 hours
  • guided independent study: 118 hours

Assessment

  • 3-hour exam: 100%

Business Communication for Finance (15 credits)

This two-semester module will see you develop an understanding of the financial professional's role in managing company performance.

Module content

Topics studied may include:

  • analysis of financial information
  • use of Balanced Scorecard approaches to develop strategic understanding of business performance
  • self-management: exploring key issues in the areas of developing professional skills such as time management, interpersonal skills and self-learning.
  • team working: key theories of team working
  • leadership: key theories and practical issues around areas such as project management and decision making.

Learning outcomes

On completion of this module you will be able to:

  • demonstrate understanding of the interplay between financial and non-financial performance measurement
  • explain and apply key theoretical and practical approaches to communication skills development, including self-awareness and team working
  • explain and apply key theoretical and practical approaches to leadership
  • define, apply and appraise a suitable framework for business performance management
  • identify and apply effective communication strategies within an organisational setting
  • work effectively in a team to complete a project on time and produce a high quality presentation
  • apply communication and interpersonal skills to project work

Teaching and learning

  • practical classes and workshops: 4 hours
  • lecturesL 20 hours
  • guided independent study: 126 hours

Assessment

  • group presentation: 25%
  • 1,500-word individual essay: 25%
  • 2,500-word group pproject: 50%

Optional modules (choose one)

Corporate Finance (15 credits)

This module will:

  1. develop a critical understanding of modern corporate finance theory and its associated concept in an international business context
  2. provide you with a deeper understanding of the key financial decisions made by public limited companies within the international financial environment in which they operate
  3. enable you, through the application of appropriate tools and techniques, to both evaluate and solve complex corporate finance problems.

Module content

Topics studied may include:

  • sources of long-run financing
  • dividend irrelevance theory and factors affecting a company's dividend policy and alternatives to cash dividends
  • firm capital structure and firm value.
  • mergers and acquisitions
  • firm cash management

Learning outcomes

On completion of this module you will be able to:

  • assess the financing structure of companies
  • evaluate the role of long-term and short-term sources of finance in determining the value of companies' investment projects
  • evaluate possible links between capital structure, payout policy and firm value
  • assess potential advantages and disadvantages of mergers and acquisitions
  • evaluate differences in corporate finance practices under the international framework
  • assess the role of corporate social responsibilities in determining firm performance
  • analyse the implications of financing choices (both short-term and long-term) made by corporations
  • evaluate the potential effects of mergers and acquisitions on firm value.

Teaching and learning

  • practical classes and workshops: 2 hours
  • lectures: 30 hours
  • guided independent study: 118 hours

Assessment

  • 3-hour exam: 100%

International Financial Management (15 credits)

This module will:

  1. build on the pre-requisite module Principles of Finance
  2. develop a thorough understanding of the practice of financial management in companies operating in the international environment
  3. develop critical reasoning skills in the context of international financial risk management.

Module content

Topics covered may include:

  • foreign exchange markets and parity relations
  • management of foreign exchange exposure and political risk
  • currency derivatives
  • financing
  • net present values
  • capital structure decisions in international business.

Learning outcomes

On completion of this module you will be able to:

  • critically discuss the operations of the foreign exchange market and particularly different potential foreign exchange rate regimes
  • describe, both theoretically and empirically, the relationship between foreign exchange spot rates, forward rates, international interest rates and international inflation
  • demonstrate how to estimate the magnitude of foreign exchange risk
  • evaluate the role that both strategic risk management and derivatives hedging can play in reducing foreign exchange risk and increasing shareholder value
  • critically assess current issues in international treasury management
  • critically evaluate arguments and evidence in relation to key issues in international finance
  • evaluate and assess alternatives in complex international finance scenarios
  • reason numerically using advanced techniques and interpret numerical information.
  • write an effective group report for an international financial management audience using appropriate tools.

Teaching and learning

  • tutorials: 4 hours
  • practical classes and workshops: 4 hours
  • lectures: 22 hours
  • guided independent study: 120 hours

Assessment

  • 2,500-word group coursework assignment: 25%
  • 2-hour exam: 75%

Global Financial Markets and the Financial Crisis (15 credits)

This module will analyse in-depth the causes, implications, and regulatory responses to the recent global banking crisis. In particular, the objectives are:

  1. to review and analyse the theoretical basis of financial innovation and its impact on financial institutions and markets, and the role of derivative instruments in the banking crisis
  2. to review and analyse price- and credit derivative instrument
  3. to analyse in depth the nature, causes, policy responses, and implications of the global financial crisis
  4. to consider post-crisis scenarios for bank business models and regulation.

Module content

Topics covered may include:

  • financial innovation and instruments
  • securitisation and credit derivatives
  • banking and the financial crisis
  • financial regulation

Learning outcomes

On completion of this module you will have an understanding of:

  • securitisation, the role of derivative instruments, changing bank business models, how financial crises emerge, the role of regulation in banking and the financial system, the new economics of banking, and the central role of capital in banking
  • the operation of derivative financial instruments such as swaps, options, forward agreements, credit derivatives, etc.
  • the evolution of bank business models; understand how crises emerge in banking systems
  • the objectives and role of regulation in the financial system.

You will also:

  • be able to assess the nature of banks' business strategies
  • have acquired skills in understanding issues in applied financial analysis
  • be able to critically assess media comment on banking and regulation issues.

Teaching and learning:

  • lectures: 20 hours
  • guided independent study: 130 hours

Assessment

  • 3,000-word individual coursework assignment: 25%
  • 2-hour exam: 75%

Business Economics (15 credits)

This module will give you an understanding of the economic concepts and models appropriate to business decision-making.

Module content

Topics studied may include:

  • an introduction to economics
  • microeconomics
  • economic models
  • supply, demand and market equilibrium
  • competition
  • pricing
  • market failure
  • aggregate demand and supply
  • inflation
  • unemployment
  • growth
  • trade.

Learning outcomes

On completion of this module you will be able to:

  • use economic theory to explain and analyse the behaviour of consumers, organisations and the economy in general
  • discuss how economics has developed as an explicit ethical science
  • discuss how economic theory can be used to help management decision making
  • select relevant economic concepts and apply them to real life situations
  • use diagrams, examples from national and international sources and basic mathematics to explain the behaviour of consumers organisations and the macro economy
  • write essays to explain the behaviour of consumers, organisations and the macro economy
  • interpret numerical and diagrammatic economic information/arguments.

Teaching and learning

  • practical classes and workshops: 8 hours
  • lectures: 25 hours
  • guided independent study: 117 hours

Assessment

  • 3,000-word group coursework assignment: 25%
  • 2-hour exam: 75%

Applied Financial Econometrics (15 credits)

This module will equip you with the quantitative techniques necessary to conduct empirical work in the area of applied finance and economics.

Module content

Topics studied may include:

  • Unit roots
  • cointegration
  • general autoregressive heteroscedasticity and its applications in finance
  • limited dependent variable models
  • panel data techniques.

Learning outcomes

On completion of this you will:

  • have acquired knowledge of quantitative techniques used in applied finance and economics
  • be able to apply the techniques taught using appropriate econometric software.
  • have developed skills in decision making, numeracy and clear communication.

Teaching and learning

  • practical classes and workshops: 4 hours
  • lectures: 20 hours
  • guided independent study: 126 hours

Assessment

  • 4 x 1,000-word coursework assignments based around directed applied econometric work: 40% (10% per assigment)
  • 2-hour written examination: 60%

Optional modules (choose three)

Global Investment Analysis (15 credits)

This module will:

  • assess complex issues in international investment
  • apply tools of analysis to critically evaluate global investment phenomenon
  • to build on the skills and knowledge from semester one and semester two modules, especially Portfolio Management, and selectively apply these in a global context.

Module content

Topics covered may include:

  • foreign exchange market and parity relations
  • international asset pricing
  • international portfolio diversification
  • international market integration
  • macro analysis and global investment strategy.

Learning outcomes

On completion of this module you will be able to:

  • appraise selected theories of investment apply in a global context and assess the empirical evidence on these
  • analyse international investment issues using appropriate tools
  • assess the extent to which international financial markets are integrated
  • evaluate the international investment environment
  • identify relevant sources of data for application and construct data sets
  • synthesise important issues and themes from the international asset pricing and portfolio performance literature
  • obtain, analyse and apply information from a variety of sources including publicly available material
  • use skills in synthesis both in terms of summarising literature and in terms of combining individually written sections into an integrated group project
  • work effectively as a team to produce an international investment project for an asset management audience.

Teaching and learning

  • practical classes and workshops: 6 hours
  • lectures: 16 hours
  • guided independent study: 128 hours

Assessment

  • presentation: 10%
  • 2,500-word group written assignment: 40%
  • 1.5-hour exam: 50%

Corporate Governance and Responsibility (15 credits)

This module will develop an understanding of corporate governance and responsibility and will explore different governance mechanisms.

Module content

Topics studied may include:

  • theories of corporate governance
  • regulation of corporate governance
  • boards of directors
  • ownership and control
  • executive remuneration
  • accountability and corporate social responsibility
  • international aspects of corporate governance.

Learning outcomes

On completion of this module you will be able to:

  • critically assess the role of corporate governance in the broader corporate environment
  • critically analyse key aspects of current governance regulation
  • debate issues of corporate responsibility
  • evaluate the operation and effectiveness of various corporate governance mechanisms on company behaviour
  • assess the relevance of corporate responsibility reporting to company stakeholders
  • evaluate current research.

Teaching and learning

  • practical classes and workshops: 5 hours
  • lectures: 19 hours
  • guided independent study: 126 hours

Assessment

  • 3-hour exam: 100%

Financial Trading (15 credits)

This module will allow you to become familiar with the application of standard tools of financial analysis to trading operations in foreign exchange, security and derivative markets. It covers valuation of trading positions, trading strategies and the measurement and management of market risk. The course will be delivered using a combination of lectures, class room exercises and work with a trading simulation software package.

Module content

Topics studied may include:

  • the trading process for exchange and over-the-counter (OTC) markets
  • information, liquidity and trading
  • trading strategies
  • managing market risk
  • simulated trading of financial market instruments.

Learning outcomes

On completion of this module, you will be able to:

  • explain the arrangements for trading the main classes of financial instruments
  • appraise the financial theories for why trading takes place
  • critically discuss the demand for immediacy and the role of liquidity in the functioning of financial markets
  • assess the ethical and reporting issues for business transacted in secondary markets.

You will also have delveloped skills in:

  • trading of financial portfolios including cash, financial assets and derivative instruments (equity, fixed income and options)
  • interpreting trading data and evaluate its implications for financial markets
  • using professional software package in a financial trading context
  • analysing the risk exposure of various trading positions / portfolios
  • appraising techniques for and approaches to risk management
  • advanced use of information technology
  • interpreting numerical information
  • analysis and evaluation.

Teaching and learning

  • practical classes and workshops: 8 hours
  • lectures: 14 hours
  • guided independent study: 128 hours

Assessment

  • 4,000-word group assignment: 50%
  • 2,000-word individual report

Financial Market Project (15 credits)

This module will:

  1. develop sound research skills and techniques to successfully complete projects which can be applied in the future either in industry or in further study
  2. provide an opportunity for original investigation in the field of financial markets and to apply skills students have learned during semesters one and two of your master's programme
  3. develop a detailed understanding of the process of research design
  4. allow you to conduct and sustain in-depth independent study on a single finance topic.

Module content

Introductory lectures in this module will cover the core skills and key topic areas to be investigated. You will then undertake focused study on a specialist subject area relating to financial markets.

Learning outcomes

On completion of this module you will be able to:

  • demonstrate an understanding of the primary sources and databases used in the analysis
  • report the key findings and interpretations to others
  • analyse and interpret the main results of the project
  • demonstrate an understanding of relevant methods and techniques employed in the application
  • design and carry out a well-formulated and defensible analysis of a financial markets-related problem
  • show an ability to synthesise and critically review literature relating to financial markets
  • develop a deep understanding of the literature on financial markets
  • develop confidence to undertake an individual investigation
  • engage independently and in teamwork in research methods and problem solving strategies
  • gather and organize large amounts of material
  • synthesise material into clear, accessible, and professional-quality prose.

Teaching and learning

  • lectures: 8 hours
  • tutorials: 8 hours
  • guided independent study: 134 hours

Assessment

  • 4,000-word individual coursework assignment: 100%

The information above is intended as an example only, featuring module details for the current year of study. Modules are reviewed on an annual basis and may be subject to future changes – revised details will be published through Programme Specifications ahead of each academic year. Please see Terms and Conditions of Study for more information.

How you'll be assessed

Modules are assessed by a combination of examinations and skills-based coursework. In general, the weight on examinations is higher than on coursework.

How you'll study

  • Lectures
  • Seminars
  • Tutorials
  • Independent study
  • Group work
  • Supervision
  • Workshops
  • Practical sessions

Your personal and professional development

Our School of Business and Economics is committed to helping you develop the skills and attributes you need to progress successfully in your chosen career.

Future career prospects

Loughborough finance graduates are highly sought after and work in a wide range of finance roles. Indicative positions include roles with many of the major global banks and large business as well as the Big Four Accounting firms;

  • HSBC
  • Morgan Stanley
  • JP Morgan
  • Chase
  • UBS
  • Standard Chartered
  • DHL
  • Scottish and Southern Energy
  • Virgin

Graduate destinations

Many graduates begin their careers as an Analyst, Associate or Management Trainee, with the best reaching Senior Manager, Assistant Vice President or Director level positions within 10 years.

Expected destinations for MSc Finance graduates include Investment Banking and Asset Management. Example initial job titles include: Portfolio Analyst, Investment Banker, Financial Market Trader, Equity Researcher, Financial Risk Analyst and Private Client Wealth Manager.

Your personal development

As part of our ongoing commitment to support you with your personal and professional development, all our Business and Economics postgraduate students have the opportunity to attend an impressive range of extra-curricular masterclasses and public lectures – all on campus and free of charge.

Furthermore, on successful completion of this programme, students should be able to:

  • Appraise the core theories of finance and assess the empirical evidence on these
  • Critically evaluate arguments and evidence related to investment practice.
  • Critically discuss the financing arrangements and governance structures of business entities
  • Evaluate the factors influencing investment behaviour
  • Demonstrate a critical awareness of how financial markets operate in different setting
  • Debate the role of finance in society and the wider economy

Entry requirements

Our entry requirements are listed using standard UK undergraduate degree classifications i.e. first-class honours, upper second-class honours and lower second-class honours. To learn the equivalent for your country, please choose it from the dropdown below.

Entry requirements for United Kingdom

2:1 honours degree (or equivalent international qualification) in business, accounting, maths, physics, engineering, computing, economics or a minor in finance. 2:1 grades are required in quantitative modules.

Afghanistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Masters 95% 85% 70%

Albania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diplomë e Nivelit të Pare (First Level (University) Diploma (from 2010) 9.5 8.5 8

Algeria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licence (4 year) / Diplome d'Inginieur d'Etat / Diplôme d'Etudes Supérieures 16 14 12

Argentina

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Argentina 8.5 7.5 6.0

Armenia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalavri Kochum 90% 80% 70%
Magistrosi Kochum 3.9 3.5 3.0

Australia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Honours degree (AQF level 8) First Class, 80% Upper Second, 70%, H2A Lower Second, 60%, 2B
Ordinary degree - AQF Level 7 pass (mark 46 or 50) High Distinction (80% or 85%) Distinction (75% or 80%) Distinction (70% or 75%)

Austria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Degree/ Diplomstudium / Magister degree A (or 1.5) mit Auszeichnungbestanden 60% or B or 3.0 (or 2) 50% or C or 2.7 (or 3)

Azerbaijan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalavr Diplomu 4.5 4 3.5
Diplomu (Specialist Diploma) 90% 80% 70%

Bahamas

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Degree from University of the West Indies only 1st (GPA 3.6) 2:1 (GPA 3.0) 2:2 (GPA 2.5)

Bahrain

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.8

Bangladesh

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
BUET or 'Good Private' University - 4 year degree BUET - 1st (70%) / 3.5 BUET - 2nd (60%) / 3.0 BUET - 2nd (55%) / 2.75
Other universities - Masters (1-2 years) following a 3 or 4 year degree 80% / 4.0 65% / 3.25 50% / 2.5

Barbados

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Barbados - Degree from University of the West Indies only 1st (GPA 3.6) 2:1 (GPA 3.0) 2:2 (GPA 2.5)

Belarus

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Specialist Diploma (5Yr) 9 7 5

Belgium

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor degree Magna Cum Laude Cum Laude 60%/12
Licenciaat 80% 70% 60%
Licencie 17 14 12

Belize

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Degree from University of the West Indies only 1st (GPA 3.6) 2:1 (GPA 3.0) 2:2 (GPA 2.5)

Benin

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Maitrise 18 15 or Bien 12 or Assez Bien

Bermuda

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Degree from University of the West Indies only 1st (GPA 3.6) 2:1 (GPA 3.0) 2:2 (GPA 2.5)

Bolivia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
A Licenciado, 4 years Private (public/private) 85/78 75/66 67/55

Bosnia and Herzegovina

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma Visokog Obrazovanja / Diplomirani 10 9 8

Botswana

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's degree A or 80% B or 70% C or 60%

Brazil

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Brazil - 4 yr Bacharel or Licenciado/Licenciatura or Título Profissional 8.5 (A) 7.5 6.0

Brunei

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Brunei First Upper Second (60%/B/3.1) Lower Second (50%/C/2.7)

Bulgaria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
5 yr Diploma za Zavarsheno Visshe Obrazovanie (Diploma of Completed Higher Education) 6 5 4

Cambodia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 years 90% or 9 or 4.0 80% or 8 or 3.5 70% or 7 or 3.0

Cameroon

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor degree or Diplome d'Etudes Superiures de Commerce 1st or 15 2:1 or 14 2:2 or 12.5
Diplome d'Ingenieur or Diplôme d'Ingénieur de Conception or a Maitrise or a 4 year Licence 20 or GPA 3.7 20 or Bien (GPA 3.4) 20 or Assez Bien (GPA 3.1)

Canada

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0/percentage scale 3.7/85% 3.3/75% 2.7/68%
Out of 9 8 6 5
Out of 12 10 8 6

Chile

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Grado de Licenciado / Título (Profesional) de [subject area] (4 years) 6 5.5 5

China

Students are required to have a bachelor degree (4 years) for entry to a postgraduate programme. The University uses the Shanghai Academic Ranking of World Universities to identify the required final mark, as outlined on the table below:

First class (70%) Mid 2:1 (65%) 2:1 (60%) Mid 2:2 (55%) 2:2 (50%)
Shanghai Rank Top 250 85% 81% 80% 78% 77%
Shanghai Rank 251-500 89% 84% 83% 81% 80%
Shanghai Rank 501+ 92% 87% 86% 85% 82%

Affiliated colleges

The University will consider students from Affiliated Colleges in the following way:

Applicants from colleges affiliated to universities in the top 250 Shanghai rankings will considered if they have achieved or are likely to achieve final marks of 80%-84%.

Applicants from colleges affiliated to universities which are 251-500 in the Shanghai rankings will considered if they have achieved or are likely to achieve final marks of 82%-87%.

Applicants from colleges affiliated to universities which are above 500 in the Shanghai rankings will considered as follows:

  • School of Business and Economics: not considered
  • All other programmes if they have achieved or are likely to achieve final marks of 82%-87%.

Universities given special consideration

Applicants from a small number of Chinese universities that specialise in business, management, finance or creative arts will be given special consideration by the University. The full list of these universities and the Shanghai band under which they will be considered can be found in the PDF below.

Download the list of Chinese universities given special consideration here

Students who do not meet the above requirements may occasionally be considered if they have a relevant degree, can show good grades in relevant subjects, and/or have substantial relevant work experience.

Colombia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado / Título de [subject area] 4.5 3.75 3.2

Costa Rica

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado 9 8 or 80 7 or 75

Croatia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Baccalaureus / Prvostupnik 4.5 3.8 3.0

Cuba

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4-year Titulo de Licenciado / Licenciatura 5 4 3

Cyprus

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Cyprus 8.5 7.0 6.5

Czech Republic

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalár (after 2001) 6 yr integrated Magistr 1 1.5 2

Denmark

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
5 year Candidatus/Candidata Magisterii or Bachelor degree (7 point scale) 12 10 7

Dominican Republic

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year Licenciado 3.8 Magna Cum Laude 3.5 Cum Laude 3.2
Título de [subject area] - 85% 82%

Ecuador

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Título de Licenciado 8.5 8 7
Título de [subject area] 85% 80% 70%

Egypt

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Egypt 3.5 3.2 2.8
Universities only BA 90%, BSc 85% BA 80%, BSc 75% BA 65%, BSc 65%

El Salvador

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
5 year Licenciado 8.5 7.5 6.5
Título de Ingeniero 85% 75% 65%
Arquitecto - Muy Bueno Bueno

Estonia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalaureusekraad or Magister or Magistrikraad 5 or A 4 or B 3 or C

Ethiopia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's A/GPA 4.0 A/GPA 3.5 B/GPA 2.8

Finland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kandidaattii/Kandidat (out of 3) 3 2 1
Maisteri/Magister (out of 5) 4.5 3 2.5

France

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licence (3 years)/ Maitrise/ Diplôme d'Ingénieur 14 12 11

Georgia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4-year degree (% = new system) 5 (95%) 4.5 (85%) 4 (75%)

Germany

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
German Bachelor/ Diplom, Magister Artium / Zeugnis über den Zweiten Abschnitt der Ärztlichen Prüfung 1.5 2.5 3.0

Ghana

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Ghana First Upper second/60% Lower second/50%

Greece

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
AEI 8.5 7.0 6
TEI 8.5 7 6.5

Grenada

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Degree from University of West Indies - classification 1st 2:1 2:2
Degree from University of West Indies - grade / percentage A B / 75% C / 55%
Degree from University of West Indies - GPA 3.6 3.0 2.0

Guatemala

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Liceniado / Titulo de (subject area) - 4years 90% (public university) / 95% (private university) 80% (public university) / 85% (private university) 60% (public university) / 70% (private university)

Guyana

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's GPA 4 GPA 3.5 3.0

Honduras

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Título de Licenciado / Grado Académico de Licenciatura (4 year degree) - GPA out of 5 GPA 5 or 90% GPA 4 or 80% GPA 3.5 or 70%

Hong Kong

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.5

Hungary

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Alapfokozt or Egyetemi Oklevel / Bachelor 5 4 3

Iceland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Baccalaurreatus degree or Kandidatsprof/Candidatus Mag 8.5 7.5 6.5

India

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Institutions listed on the Indian Ranking of Higher Educational Institutions Framework 65% (First) 60% (First) 55% (Upper second)
All other Indian institutions 70% (First with distinction) 65% (First) 60% (First)

Indonesia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sarjana I (S1) from A (or B) credited Universities 3.7 (4.0) 3.3 (3.7) 3 (3.3)

Iran

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Iran 17 15 13

Iraq

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Iraq 80% 75% 70%

Ireland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Republic of Ireland First (70%) Upper second (60%) Lower second (50%)

Israel

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
3 yr Bachelor Degree 90% 80% 70%

Italy

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma di Laurea 109/110 104/110 (or 27) 100/110 (or 26)

Ivory Coast

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diplome d'Etude Approfondies, Diplome d'Etude Superieures or Diplome d'Etude Superieures 16 14 (Bien) 12 (Assez Bien)

Jamaica

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
For degrees studied at The University of West Indies or degrees accredited by UCJ and CCCJ 1st (GPA 3.6) 2:1 (GPA 3.0) or B 2:2 (GPA 2.0) or C

Japan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Japan 85% 80% or B or 3.0 70% or C or 2.0

Jordan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3 or 3.5/5 or 75% 2.8 or 65%

Kazakhstan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 5.0/percentage scale 4.5 or 90% 4 or 85% 3.5 or 80%
GPA 4.33 scale 3.9 3.7 3.2
GPA 4.0 scale 3.7 3.4 3

Kenya

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kenya First / 70% / A Upper second / 60% / B Lower second / 50% / C

Kosovo

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kosovo 10 9 8

Kuwait

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.6 3.0 2.8

Latvia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Latvia 9 7 6

Lebanon

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
American 90% (3.5) 80% (3.2) 70% (2.8)
French 18 15 12

Liberia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's 4.0 or 90% 3.5 or 85% 3 or 80%

Libya

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
BSc Engineering, Architecture, Medicine 85 (3.6) 75 (3.0) 65 (2.5)
Other bachelor's degree from a university 90 (4.0) 85% (3.6) 75% (3.0)

Lithuania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Lithuania 9 8 7

Macau

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Macau 1st or GPA 3.7 2:1 or GPA 3.0 2:2 or GPA 2.5

Macedonia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Macedonia 10 9 8

Malawi

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's only MSc 75% MSc 70% MSc 65%

Malaysia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Classification First Class 2.1 2.2
GPA 4.0 scale 3.5 3.0 2.8

Malta

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Malta 1st (80%) 2:1 (70%) 2:2 (55%)

Mauritius

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Mauritius 1st or 70% 2:1 or 60% 2:2 or 50%

Mexico

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Mexico 9 8 7

Moldova

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma de Licenţă (Diploma of Licentiate) 10 9 8

Mongolia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Диплом Специалиста (Specialist Diploma) 90% or 3.5 80% or GPA 3.2 70% or GPA 3.0

Morocco

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Morocco 17 15 13

Mozambique

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year Licenciatura 16 14 12

Myanmar (Burma)

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
2 year Master's degree 5 or 85% 5 or 75% 4.5 or 65%

Namibia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Namibia 80% or A 70% or B 60% or C

Nepal

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's (after 3 year bachelor degree) 90% or 3.9 GPA 80% or 3.8 GPA 65% or 3.3 GPA

Netherlands

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Netherlands 8 7 6

New Zealand

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 Year Honours degree (480 credits) - Level 8 First (7.0) Upper Second (6.0) Lower Second (4.0)

Nicaragua

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciatura (4 year) 90% 80% 70%

Nigeria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
7 point Scale 6 5 4
5 point scale 4.5 3.8 3.5
4 point scale 3.5 3 2.5

Norway

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Norway A B C

Oman

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.5

Pakistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Public Universities 4 Year degree only First with distinction (75%) / 4.0 First (65%) / 3.2 Second (59%) / 2.6
Private Universities 4 Year degree only First with Distinction (85%) First (75%) First (65%)
2 or 3 year bachelor's plus Master's First (60%) Second (55%) Second (50%)

Palestine

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor Degree A / 90% / 3.7 B+ / 85% / 3.3 B / 80% / 3.0

Panama

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 Year Licenciado / Título de [subject area] 91 (A) 81 (B) 71 (C)

Papua New Guinea

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Papua New Guinea 1st 2:1 2:2

Paraguay

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Paraguay - 4 3.5

Peru

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 Year Título de Licenciado / Título de [subject area] 14 13 12

Philippines

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Degree from prestigious state universities or Centres of Excellence (COE) Summa Cum Laude 4.0 / 96% / 1.0 Magna cum Laude 3.5 / 92% / 1.5 Cum Laude 3.0 / 87%/ 2.0

Poland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor Degree (post 2003) Magister (pre- 2003) 5 4.5 / 4+ 4

Portugal

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Portugal 18 16 14

Qatar

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.8

Romania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma de Licenta/ Diploma de Inginer 9 8 7

Russia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Russia 4.5 4.0 3.5

Rwanda

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year bachelor (Hons) degree (480 credits) 1st, 16/20 (80%) 2:1,14/20 (70%) 2:2, 12/20 (60%)

Saudi Arabia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.8
GPA 5.0 scale 4.5 3.75 3.5

Senegal

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Maitrise, Diplome d'Etude Approfondies,Diplome d'Etude Superieures or Diplome d'Etude Superieures Specialisees 16/20 or Tres Bien 14/20 or Bien 12/20 or Assez Bien

Serbia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diplomirani/ Bachelor's degree 9 8 7

Sierra Leone

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Classification - 2:1 2:2
Percentage grading - 60-69% 50-59%
Letter grading - B+ B

Singapore

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Classification First Upper second Lower second
GPA 4.0 scale 3.7 3.0 2.7
GPA 5.0 scale 4.5 3.5 3.0

Slovakia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Slovakia 1.5 or B 2.0 or C 2.5 or C/high D

Slovenia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Slovenia 9.5 8.5 7

South Africa

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Classification 1st 2:1 2:2
Percentage scale 75-100% 70-74% 60-69%

South Korea

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA out of 4.5 4.0 / A 3.5 / B 3.0 / C+
GPA out of 4.3 4.0 / A 3.0 / B 2.7 / C+

Spain

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado / Título de Ingeniero / Título de Arquitecto 8.5 7 6.5
UCM grading 3.0 2.0 1.5

Sri Lanka

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sri Lanka 70% 60% 55%

Sudan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sudan (North and South) 1st or 70% or B+ 2:1 or 66% Mid 2:2 or 60% or B

Sweden

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sweden - Overall grade of VG with a minimum of 90 credits at VG Overall grade of G with a minimum of 90 credits at G

Switzerland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Switzerland 6 5 4

Syria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
State universities 4 years of study 80% 70% 60%
Private universities 4 years of study 90% 80% 70%

Taiwan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Category 1 (4 year degree) 80% 75% 70%
Category 2 (4 year degree) 85% 80% 75%

Tajikistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Tajikistan - 4.5 4

Tanzania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Tanzania 1st 2:1 2:2

Thailand

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.2 2.8

Trinidad and Tobago

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
For degrees studied at The University of West Indies or degrees accredited by ACTT 1st or B+ or 70% 2:1 or B or 65% 2:2 or B- or 60%

Tunisia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licence, Maîtrise, Diplôme National d'Ingénieu 15 (tres bien) 14 (bien) 11 (assez bien)

Turkey

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Lisans Diplomasi or a Műhendis Diplomasi 3.5 3 2.5

Turkmenistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Turkmenistan - 4.5 4

Uganda

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Uganda 1st or 4.4 2:1 or 3.8 2:2 or 3.0

Ukraine

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Dyplom Magistra or a Bachelors degree (11 / 5) 11 or 5 9 or 4.5 8 or 4

United Arab Emirates

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.6

United States of America

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.2 2.8

Uruguay

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado (4 year) 10 9 8

Uzbekistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalavr Diplomi / Diplomi (Specialist Diploma) 90% or GPA 4.5 80% or GPA 4.0 70% or GPA 3.0

Venezuela

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado/Professional title. (4 year) 18/20 or 8/9 16/20 or 7/9 14/20 or 6/9

Vietnam

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Vietnam 8.0 7.0 6.0

Zambia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's A or 4.0 or 80% B+, 3.5 or 70% B or 3.0 or 60%

Zimbabwe

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
3/4 year degree 1st or 75% 2:1 or 65% 2:2 or 60%

English language requirements

Applicants must meet the minimum English Language requirements. Further details are available on the International website.

Fees and funding

UK / EU fee

Full-time degree per annum
£13,800

International fee

Full-time degree per annum
£23,200

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment.

Find out more about master's degree funding