Finance

Qualification(s) available: MSc

UK fee:
£16,900
International fee:
£29,950
Scholarships available
Entry requirements
2:2 (55%)
Full-time
1 year
Part-time
Not available
Location
Loughborough
Start date
October 2023
Department
Business and Economics
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Our MSc Finance is an applied, broad-based master’s degree that is CIMA accredited, CFA-affiliated and designed to equip you with the knowledge and skills to work in a wide range of financial roles.

The programme is best suited to those who wish to gain an in-depth understanding of the whole field of finance before choosing their preferred area of specialisation – our optional modules will allow you to tailor your degree to fit your career aspirations. You will learn both how to evaluate financial issues and to improve the practice of finance.

Our master’s in Finance shares a common taught first semester with the MSc Corporate Finance and MSc Finance and Investment programmes. In semesters two and three you will then choose from a wide range of modular options, including those in corporate finance, investment and international finance.

Within corporate finance, you will gain a deeper understanding of topics such as cost of capital and dividend policy, as well as investment topics such as asset pricing and portfolio selection. You will also have the opportunity to explore international finance by selecting optional modules in international financial management, global financial markets and/or global investment analysis.

You will be taught by internationally renowned academics who are able to bring fresh insights into their teaching, both from their research and from their advisory roles on government policy and in industry. Our research strengths include financial markets, corporate finance, accounting and investments. Teaching on the programme is academically rigorous and you will benefit from the strong emphasis on practical relevance.

Refinitiv Workspace financial trading software is integrated into the programme and will provide the platform for many of the computer lab sessions in our dedicated Trading Room, enabling you to practically apply concepts you have learned during the programme. Workspace will be used for individual and group assessments and 24/7 remote access will also be available. You can also work independently towards a certificate of competency in Workspace, which is awarded by Refinitiv (London Stock Exchange Group).

Why you should choose us

Top 15 in the UK for Accounting and Finance Complete University Guide 2024
Triple-accredited UK business school AACSB, EQUIS, AMBA
Top 15 in the UK for graduate prospects in Accounting and Finance Times and Sunday Times Good University Guide 2024
Top 10 in the UK for career after 15 months in Accounting and Finance The Guardian League Table 2024
2nd for job prospects Best UK Universities 2023, StudentCrowd

Why you should study this degree

  • Our programme is CFA affiliated and CIMA accredited.
  • You will study at a school ranked top 10 in the UK for Business, Management and Marketing, and top 20 for Accounting, Finance and Economics.
  • Equips you for a career in the fast-paced finance sector.
  • Includes the latest research insights from our academics who are experts in their field.
  • You can put theory into practice using Refinitiv Workspace financial trading software.
  • There is an opportunity to gain a certificate in Workspace.
  • Scholarships are available for the best candidates.
Financial trading software at Loughborough University
MSc Finance graduate Vishal on his career acceleration

My favourite module was Financial Trading, as it taught me how to be a trader and how to trade currency in financial markets. We also had the opportunity to use software to simulate trading.

Bingquan MSc alumnus

Professional recognition

Our master's in Finance is accredited by the Chartered Institute of Management Accountants (CIMA), the world's largest body of management accountants, and offers at least eleven exemptions from their professional examinations. This is strong recognition of the professional relevance of this programme for those wishing to work in the finance function of a business or multinational organisation.

Our MSc Finance is part of the CFA (Chartered Financial Analyst) Institute University Affiliation Program. This status is granted to institutions whose degree programme incorporates at least 70% of the CFA Programme Candidate Body of Knowledge (CBOK), which provides a solid grounding in the CBOK and prepares you well for CFA exams and the opportunity to ultimately obtain the Chartered Financial Analyst® designation, which has become the most respected and recognized investment credential in the world. In addition, as a member of the CFA Institute University Affiliation Program, Loughborough University is eligible to award a limited number of scholarships to its MSc students for the CFA Program each year, which will be allocated on the basis of academic merit.

What you'll study

The following information is intended as an example only and is typically based on module information for the 2023/24 year of entry. Modules are reviewed on an annual basis and may be subject to future changes. Updated Programme and Module Specifications are made available ahead of each academic year. Please also see Terms and Conditions of Study for more information.

Compulsory modules

The aims of this module are:

  • to develop a broad understanding of core issues in finance
  • to develop numerical reasoning and the ability to interpret numerical data.

The module aims to provide an overview of the financial system, including: an appreciation of the economic problems that financial institutions and markets seek to overcome; an understanding of the organisation and operation of the major financial institutions and markets; an appreciation of the impact of technology and regulation on the evolution of the industry; and an awareness of how alternative structures of financial systems seek to solve common problems.

The aims of this module are:

  • to enhance students' financial literacy
  • to develop students' abilities to analyse and interpret company financial performance.

The aim of this module is to provide students with a solid foundation of the econometric techniques and skills that form the basis for the quantitative/econometric modules of their Masters course. The module aims to provide students, through lectures and computer lab workshops, with the practical techniques economists often use to handle, analyse and interpret economic data.

The aims of this module are:

  • to develop a critical appreciation of the professional skills essential for success in finance and accounting roles;
  • to develop both the technical and soft skills required when working in finance or accounting roles;
  • to build the skills required for tackling finance and accounting assignments when working indidually or in teams;
  • to develop skills in using Office 365 (Excel, Word and Powerpoint) that are needed to work effectively in finance and accounting roles.

 

Compulsory modules

The aims of this module are:

  • to develop the skills which will allow the student to apply knowledge and understanding to complex issues in portfolio management.
  • to apply tools of analysis to critically evaluate portfolio management issues and performance outcome
  • to build on the skills/knowledge from semester one module Principles of Finance (BSP421) and selectively apply these in a portfolio context.

The aims of this module are:

  • to develop a critical appreciation of the professional skills essential for success in finance and accounting roles;
  • to develop both the technical and soft skills required when working in finance or accounting roles;
  • to build the skills required for tackling finance and accounting assignments when working indidually or in teams;
  • to develop skills in using Office 365 (Excel, Word and Powerpoint) that are needed to work effectively in finance and accounting roles.

 

Optional modules (choose two)

The aims of this module are:

  • to equip students with an understanding of economic concepts and models appropriate to business decision making;
  • to contribute to other management disciplines.

The aims of this module are to:

  • To assess the role that financial technologies (fintech) and their applications play in global markets.
  • To develop a deeper understanding of fintech business models from a digital innovation perspective.
  • To explore and evaluate the ethical and developmental impacts of fintech innovations.

The aims of this module are for students:

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

The aims of this module are to:

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

The aim of this module is to introduce students to derivative instruments and their use in risk management.

The aims of this module are to:

  • deepen and broaden students' understanding of conceptual and theoretical issues in accounting and financial management through real life examples;
  • develop an understanding of the analysis of firms' financial reports relevant to the investment decision and firms' valuations.
  • develop an understanding of, and apply, the tools and techniques available to value the stock of listed public companies and apply them;
  • develop and enhance transferable skills.

The aim of this module is to equip students with a sound understanding of the concepts, tools and practical experience of using new cryptography based data technologies to disintermediate and promote innovation and competition across financial services. New financial technologies support the use of shared and open data in banking and other financial services. Examples include Open Banking pioneered in the UK, data services on credit scores and other information to support alternative lending platforms, and the use of distributed ledger technologies (DLT or blockchain) to provide a shared permanent data record. These technologies also underpin the rapidly evolving innovations in cryptocurrencies, stablecoins and decentralised finance, seen by many as a disruptive alternative to mainstream finance.


Students will learn, primarily through case analysis, about the supporting technologies and how these allow a supporting 'eco-System¿ of third parties to compete in providing financial services. They will also examine the challenge posed for incumbents competing against challengers and maintaining and innovating banks own systems; and the associated public policy issues concerning financial, privacy and competition regulation. The module will also examine the emerging initiatives in 'crypto¿ and 'decentralised finance defi that are still at an early proof of concept stage but challenging many of the accepted arrangements in traditional finance.

The aim of this module is to equip students with the quantitative techniques necessary to conduct empirical work in the area of applied finance and economics.

Optional modules (choose three)

The aim of this module is to develop those skills which will allow the student to analyse a given company and industry in great depth.

It will necessitate the selective application of skills/knowledge from Semester One and Semester Two modules to specific cases and scenarios.

The aims of this module are to develop the skills which will allow the student to:

  • assess complex issues in international investment.
  • apply tools of analysis to critically evaluate global investment phenomenon
  • to build on the skills/knowledge from semester one and semester two modules, especially Portfolio Management (BSP425) and selectively apply these in a global context.

The aims of this module are:

  • to develop skills that will enable students to analyse financing and investment decisions in corporations in greater depth;
  • to build on the skills/knowledge from semester one and semester two modules, especially BSP424 (Corporate Finance).

The aims of this module are:

  • to develop an understanding of corporate governance and responsibility
  • to explore different governance mechanisms.

The aim of this module is for the student 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 workshops and a trading simulation.

The aims of this module are:

  • To develop sound research skills and techniques to successfully complete projects which can be applied in the future either in industry or in further study.
  • To provide an opportunity for original investigation in the field of financial markets and to apply skills students have learned during semesters 1 and 2 of the MSc programme.
  • To develop a detailed understanding of the process of research design.
  • To conduct and sustain in-depth independent study on a single Finance topic.

How you'll be assessed

Modules are assessed by a combination of exams 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
  • Workshops
  • Practical sessions

Where you'll study

Our extensive range of first-class facilities are designed to help you throughout your studies and fully equip you for your future endeavours. You will have access to spacious study areas and the latest audio-visual equipment to support teaching and learning. Our trading room, incorporating Thomson-Reuters Eikon software, will allow you to practically apply concepts learned during the programme.

outside sir richard morris building
Outside Sir Richard Morris Building
sir richard morris foyer
Sir Richard Morris Foyer
Library Tour
computer work area
Computer Work Area
Haslegrave computer lab
Haslegrave Computer Lab
library level three reception
Library Level 3 Reception
library level four
Library Level 4

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 drop-down below.

Entry requirements for United Kingdom

A 2:2 honours degree with a minimum of 55% or equivalent international qualification in a subject with a quantitative element such as business, accounting, economics, mathematics, physics, engineering, chemistry, geography, computer science or data analytics. No prior finance study is required. Applicants with relevant professional experience or professional qualifications would be welcomed.

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Masters 95% 85% 70%
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
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciatura/ Licenciado (4 year) 8.5 7.5 6.0
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalavri Kochum required but typically a Magistrosi Kochum 90% or 3.9 80% or 3.5 70% or 3.0
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%)
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)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalavr Diplomu/ Diplomu (Specialist Diploma) 4.5 or 90% 4 or 80% 3.5 or 70%
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)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.8
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year Bachelor of Science in Engineering (IEB and BAETE accredited courses only) 1st (70%) / 3.5 2nd (60%) / 3.0 2nd (55%) / 2.75
Masters (1-2 years) following a 3 or 4 year degree 80% / 4.0 65% / 3.25 50% / 2.5
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
University of the West Indies, Honours degree 1st (GPA 3.6) 2:1 (GPA 3.0) 2:2 (GPA 2.5)
Barbados Community College 1st or GPA 3.75 2:1 or GPA 3.5 2:2 or GPA 3.0
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Specialist Diploma (5Yr) 9 7 5
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor degree/Licenciaat/Licencie 80% or 17 70% or 14 60% or 12
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)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Maitrise 18 15 or Bien 12 or Assez Bien
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)
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma Visokog Obrazovanja / Diplomirani 10 9 8
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%
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 7.5 6.5
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)
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Masters or Diplôme d'Études Approfondies or Diplôme Ingénieur (professional title) 18 15/20 (Bien) 12.5/20 (Assez Bien)
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor degree or Diplome d'Etudes Superiures de Commerce or Diplome d'Ingenieur or Diplôme d'Ingénieur de Conception or a Maitrise or a 4 year Licence. 1st or 15/20 or GPA 3.7 2:1 or 14/20 or Bien (GPA 3.4) 2:2 or 12.5/20 or Assez Bien (GPA 3.1)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0/Percentage 3.7/85% 3.3/75% 2.7/68%
Out of 9 8 6 5
Out of 12 10 8 6
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

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 83% 79% 75% 73% 70%
Shanghai Rank 251-500 88% 84% 80% 78% 75%
Shanghai Rank 501+ 92% 87% 84% 82% 80%

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 be considered if they have achieved or are likely to achieve final marks of 75%-84%.

Applicants from colleges affiliated to universities which are 251-500 in the Shanghai rankings will be considered if they have achieved or are likely to achieve final marks of 80%-87%.

Applicants from colleges affiliated to universities which are above 500 in the Shanghai rankings will be 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 80%-87%.

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 below:

 

University Chinese name Considered inband
Beijing Film Academy 北京电影学院 Top 250
Capital University of Physical Education and Sports* 首都体育学院 Top 250
Central Academy of Drama 中央戏剧学院 Top 250
Central Academy for Fine Arts 中央美术学院 Top 250
Central Conservatory of Music 中央音乐学院 Top 250
China Academy of Art 中国美术学院 Top 250
China Conservatory of Music

 

 中国音乐学院 Top 250

Harbin University of Finance (Harbin Finance University)

 哈尔滨金融学院 251-500
Northwest University of Political Science and Law 西北政法大学 Top 250
Shanghai Customs College 上海海关学院 Top 250
Tianjin Sport University* 天津体育学院 Top 250

‌*Special consideration for programmes in School of Sport, Exercise and Health Sciences and Institute for Sport Business only.

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.
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado 9 8 or 80 7 or 75
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Baccalaureus / Prvostupnik 4.5 3.8 3.0
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4-year Titulo de Licenciado / Licenciatura 5 4 3
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Cyprus 8.5 7.0 6.5
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
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year Licenciado or Título de [subject area] 3.8 Magna Cum Laude or 3.5 or 85% Cum Laude or 3.2 or 82%
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Título de Licenciado / Título de [subject area] 8.5 / 85% 8 / 80% 7 / 70%
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%
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
5 year Licenciado, Título de Ingeniero/Arquitecto 8.5, 85% 7.5, 75% or Muy Bueno 6.5, 65% or Bueno
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
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kandidaattii/Kandidat or the Maisteri/Magister 3 (out of 3) or 4.5 (out of 5) 2 (out of 3) or 3 (out of 5) 1 (out of 3) or 2.5 (out of 5)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licence (3 years)/ Maitrise/ Diplôme d'Ingénieur 14 13 11
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%)
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Ghana First Upper second/60% Lower second/50%
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Universities 8.5 7.0 6
TEI and non-University Institutions 8.5 7 6.5
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
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)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's GPA 4 GPA 3.5 3.0
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%
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.5
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Alapfokozt or Egyetemi Oklevel / Bachelor 5 4 3
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Institutions listed on the 65% (First) 60% (First) 55% (Upper second)
All other Indian institutions 70% (First with distinction) 65% (First) 60% (First)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sarjana I (S1) from A (or B) accredited Universities 3.3 (3.5) 3.0 (3.3) 2.8 (3.0)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Iran 17 15 13
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Iraq 80% 75% 70%
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%)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
3 yr Bachelor Degree 90% 80% 70%
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)
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)
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
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
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%
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
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kosovo 10 9 8
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.6 3.0 2.8
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Latvia 9 7 6
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
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%
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)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Lithuania 9 8 7
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Luxembourg 18 (excellent) 16 (tres Bien) 14 (bien)
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Magistar Дипломиран / Баццалауреус / Баццалауреа (Bachelor degree) 10 9 8
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's only MSc 75% MSc 70% MSc 65%
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Malta 1st (80%) 2:1 (70%) 2:2 (55%)
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%
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciatura / Licenciado/ Título (Profesional) de [subject area] 9 8 7
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma de Licenţă (Diploma of Licentiate) 10 9 8
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma of Completed Undergraduate Studies or Diploma of Professional Undergraduate Studies 10 (or 5.0) 9 (or 4.5) 8 (or 4.0)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diplôme d'Ingénieur d'État,Diplôme d'Écoles Nationales de Commerce et de Gestion,Licence / Licence d'Études Fondamentales / Licence Professionnelle 17 15 13
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year Licenciatura 16 14 12
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%
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Honours degree (post 2008) or Masters 80% or A 70% or B 60% or C
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Netherlands 8 7 6
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)
3 Year degree (360 credits) - Level 7 A+ (9.0) A- (7.0) B+ (6.0)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciatura (4 year) 90% 80% 70%
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Norway A B C
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.5
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 Year degree only (the higher of the 2 options) A- or GPA 3.7 B or GPA 3.0 C+ or GPA 2.6
2 or 3 year Bachelor plus Masters 1st (60%) plus GPA 3.7 2nd (55%) plus GPA 3.0 2nd (50%) plus GPA 2.6
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
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)
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor (Honours) Degree 1st 2:1 2:2
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 Year Título de Licenciado / Título de [subject area] 4.5 (85%) 4 (80%) 3.5 (75%)
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
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
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma de Estudos Superiores Especializados (DESE) or Licenciado 18 16 14
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.8
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma de Licenta/ Diploma de Inginer 9 8 7
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalavr/Specialist Diploma/Magistr 4.5 4.0 3.5
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%)
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
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diplomirani/ Bachelor's degree 9 8 7
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Honours degree or masters 1st (70%) 2:1 (60% or B) 2:2 (50% or C)
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalár (from 2005) Magister / Inzinier 1.5 or B 2.0 or C 2.5 or C/high D
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
University Diplom 9.5 8.5 7
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor (Honours) or B Tech after 4 yrs study 1st or 75% 2:1 or 70% 2:2 or 60%
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+
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year Professional degree or Bachelor Special or Honours degree 90%, GPA 3.70 80%, GPA 3.30 70%, GPA 3.0
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year degree 1st, 70%, B+ 2:1, 66% mid 2:2, 60%, B
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kandidatexamen or Magisterexamen Overall grade of VG with a minimum of 120 credits at VG B or Overall grade of VG with a minimum of 90 credits at VG C or Overall grade of G with a minimum of 90 credits at G
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor Degree, Diplom or Lizentiat (10/6/5) 10 / 6 / 1 8 / 5 / 2 6 / 4 / 3
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%
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%
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Диплом специалиста - Specialist Diploma 5 4.5 4
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Tanzania 1st 2:1 2:2
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.8
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%
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licence, Maîtrise, Diplôme National d'Ingénieu 16 (tres bien) 14 (bien) 11 (assez bien)
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 Yr Bakalavr, Specialist Diploma or Magistr 5 4.5 4
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Dyplom Magistra or a Bachelors degree (11 / 5) 4.5 4.0 3.5
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.6
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.2 2.8
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado (4 year) 10 9 8
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
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
First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
10-point scale 8.0 7.0 6.0
4-point scale 3.5 3.0 2.8
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%
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

2023 - 2024 start

UK fee

£16,900 Full-time degree per annum

International fee

£29,950 Full-time degree per annum

Fees are reviewed annually and are likely to increase to take into account inflationary pressures.

What's included in your tuition fees Fee status Pay in advance or instalments

Scholarships and bursaries

There are scholarships and bursaries available to help with funding your study.

Up to 20% off tuition fees

Business and Economics Scholarship

10% off tuition fees

Loughborough University Alumni Bursary

Up to 20% off tuition fees

Creating Better Futures Masters Scholarship for African Students
Master's degree funding

Your development

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

As part of our ongoing commitment to supporting you with your personal and professional development, all postgraduate students within the School typically have the opportunity to attend an impressive range of extracurricular masterclasses and public lectures. These offer you the chance to broaden your horizons through a wide range of business-related topics, with speakers from the Bank of England, Shazam, Shell and Dell to name just a few.

Our academics

Stephen Frost

Stephen Frost

Senior Teaching Fellow; Programme Lead for MSc Corporate Finance, MSc Finance, MSc Finance and Global Trading, MSc Finance and Investment, MSc Finance and Management

Stephen joined Loughborough in 2013 after a career in investment banking and consultancy. He has taught a wide range of courses at both undergraduate and postgraduate level.
Andrew Vivian

Professor Andrew Vivian

Professor of Finance

Andrew has a strong international research profile with interests in the areas of investments, empirical finance, commodities and market efficiency.
Alistair Milne

Professor Alistair Milne

Professor of Financial Economics

Alistair has held positions in several higher education institutions as well as organiations including the Bank of England, HM Treasury and the National Statistical Office of Malawi.
Petros Vourvachis

Dr Petros Vourvachis

Lecturer in Accounting

Petros's research interests are interdisciplinary and lie in corporate accounting and accountability, corporate social (and environmental) reporting, and corporate social responsibility.
Alessandra Ferrari

Dr Alessandra Ferrari

Reader in Economics

Alessandra is an applied microeconomist and has contributed to several consulting projects for both public and private institutions on a variety of topics.
Giovanni Calice

Dr Giovanni Calice

Senior Lecturer in Finance

Giovanni has written extensively on systemic risk and is a leading expert on credit derivatives markets. His work has been published in leading academic journals in finance and economics.

Your future career

Graduates from our MSc Finance typically work in investment banking, corporate finance, accountancy and asset management. Many have ambitions to reach senior manager, assistant vice-president or director level positions within 10 years.

Example initial roles include portfolio analyst, financial management trainee, investment banker, treasury analyst, financial market trader, equity researcher and corporate finance associate.

Our alumni are highly sought after and work with a range of organisations, including many major global banks, large businesses and the 'Big Four' accountancy firms.

Recent examples of roles that our graduates have gone on to include:

  • Associate Trainee Accountant
  • Audit Senior Associate
  • Business Development Manager
  • Consultant
  • Controller
  • Credit Analyst
  • Finance Support Manager
  • Graduate Management Trainee
  • Head of Regional Representatives
  • Investment Analyst
  • Research Analyst

Some of the employers they are now working for include:

  • BDO
  • KPMG
  • PwC
  • Agricultural Bank of China
  • Amplify Trading
  • Bangkok Bank
  • Capco
  • Deloitte
  • deVere Group
  • FRP Advisory
  • Kasikornbank
  • Nestlé
  • NHS
  • Saffery Champness
  • Unilever
  • WTS Dhruva Consultants

(Graduate Outcomes Survey, 2018-2021 graduates, 15 months post-graduation)