Best Universities for Finance UK

One of the major objectives of international students is to enrol is to pursue finance in UK from top universities. The top universities offering finance courses in UK, together with program costs are shown below.

1. University of Oxford
2. University of Cambridge
3. Imperial College of London
4. University of Edinburgh
5. University of Manchester

Let us check each in detail:

1. University of Oxford

Oxford University is one of the most prestigious institutions in the study abroad field. The finance course offers exceptional training in the financial economics tools that financial institutions, businesses, and government agencies want. The course is developed in collaboration with top financial recruiters and combines a demanding academic core with specific practical applications.

Type	Public
QS World University Ranking 2023	4
QS Subject Ranking 2022	4
Programs Offered	BA (Hons) in Economics and Management- 3 years MSc in Financial Economics-1 year DPhil in Finance- 4 years
Program Fees (Annual)	BA- GBP 29,000 (INR 27,39,573) MSc- GBP 46,140 (INR 44,22,539.79) DPhil- GBP 21,800 (INR 20,59,403)

2. University of Cambridge

This public Institution University of Cambridge was founded in 1209. The finance degree offered by the university focuses majorly on theory and practice of the field in real world. Moreover, students are presented with industry experts who offer insights and help students prepare for the challenges in finance field.

Type	Public
QS World University Ranking 2023	2
QS Subject Ranking 2022	6
Programs Offered	Masters in Finance- 1 year MPhil in Finance- 3-4 years
Program Fees (Annual)	Approx  MSc- GBP  48,191 (INR 46,19,129.07) MPhil-GBP 13,636 (INR 12,88,166)

 3. Imperial College of London

Imperial College London is one of the top public research institutions in the world. It is one of the UK's most giving universities in terms of financial support and provides a variety of scholarships to worthy students. Finance courses offered by the university have a track record of placing graduates in the best positions in the finance industry for the past 20 years, including consultancy, asset management, and investment banking. Students receive practical training under professionals of the industry.

Type	Public
QS World University Ranking 2023	-
QS Subject Ranking 2022	-
Programs Offered	BSc in Economics, Finance and Data Science- 3 years BSc in Mathematics with Statistics for Finance- 3 years MSc in Finance and Accounting- 1 year
Program Fees  (Annual) Program Fees  (Annual)	Approx BSc- GBP 20,000- 27,000 (INR 1889360- 2550637) MSc-GBP 36,810 (INR 35,28,255.09)

 4. University of Edinburgh

The University of Edinburgh is regarded as the sixth-oldest university in Scotland, having been founded in 1582. The finance program has been designed to allow you the flexibility to match your education to your professional goals. You will be well prepared for a variety of finance-related careers through practical, and theoretical, methods of teaching.

Type	Public
QS World University Ranking 2023	15
QS Subject Ranking 2022	44
Programs Offered	MA Finance and Business- 4 years MA in Accounting and Finance- 4 years MSc Finance- 1 year MSc in Finance, Technology and Policy- 1 year
Program Fees (Annual)	Approx MA-  GBP 26,300 (INR 24,84,509) MSc- GBP 32,298 (INR 30,95777.85)

 5. University of Manchester

The esteemed Russel Group of British universities with a focus on research includes the University of Manchester. The finance course will help you develop in-demand quantitative abilities by working with our award-winning finance professionals. You will acquire the fundamental knowledge required to pursue a variety of fascinating finance occupations on a global scale.

Type	Public
QS World University Ranking 2023	28
QS Subject Ranking 2022	18
Programs Offered	BA in Finance- 3 years MSc in Finance-1 year PhD in Accounting and Finance- 3 years
Program Fees (Annual)	Approx BA- GBP 26,000 (INR 24,56,169) MSc- GBP 10,000 (INR 94,46,80) PhD- GBP 25,000 (INR 23,61,701)

 Suggested: Masters in Finance in UK

Course Curriculum of Finance in UK

The course curriculum for finance in UK covers varied areas of accounting and finance. Case studies and simulations are used throughout the Finance courses in UK to help you comprehend the application of academic theory and knowledge in a practical setting. Some of the subjects covered are-

Subjects covered under Bachelor's-

• Management Accounting
• Financial Modelling
• Insurance
• Quantitative Techniques

Subjects covered under Master's

• Advanced Management Accounting
• Advanced International Financial Reporting
• Foundations of Finance Theory
• Finance Statistics

Subjects covered under PhD

• Corporate Governance
• Empirical Methods in Finance
• Financial Markets in the Macroeconomy

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Eligibility Criteria & Admission Requirements to Study Finance Degree in UK

Some of the best universities for finance UK have their own set of eligibility criteria as a part of the admission process. We have listed the common ones to follow:

1. Educational Qualification
2. English Language Proficiency Test Scores
3. ACT/SAT Scores
4. GRE or GMAT Test Scores
5. Work Experience
6. UK Student Visa
7. Additional Requirements

Let us check in details:

1. Educational Qualification

For Bachelors

You need to provide a qualifying certificate of 12th grade with a score of 50-60% from any registered educational institution in finance or accounting. The overall GPA score should be around 3.0

For Masters

Students need to provide a passing certificate of BA (Hons) or BSc in finance with a score of 60-70% from a reputed university. Having 2-3 years of work experience will be an added advantage

PhD

The standard requirement for this course level is bachelors and masters in finance with more than 50% score.

2. English Proficiency Exam Score

Students while applying to top finance universities in UK need to submit the score of English Language Proficiency test. However, the score may differ according to the university in UK.

• IELTS- 7.5 or more
• TOEFL- 110 or more

3. ACT/SAT Scores

There are different scores for ACT/SAT demanded by universities. The overall score required are-

• ACT- 25-29
• SAT- 400 or more

4. GRE or GMAT Test Scores

 There are some top finance universities in UK that demand GMAT/GRE scores. However, different universities have different score requirements. The average score is:

• GMAT: 680
• GRE: 325

5. Work Experience

Not all universities would ask for work experience. However, to pursue masters or higher level of finance courses in UK, having 3-4 years of work experience can be an added advantage.

6. UK Student Visa

To apply for a UK study visa, international students need to have the acceptance letter from the applied university. The average processing time for a UK study visa is 3 weeks, though during busy periods it may take longer.

Important Resources to Study about UK
UK Entrance Exams	Masters in Accounting in UK	UK Student Visa Process
Finance Your Studies in UK	Intakes & Deadlines for UK Universities	How to Get PR in UK?

Documents Required to Study Finance in UK

To study in any best universities for finance UK you need to provide certain documents:

1. Statement of Purpose
2. Letter of Recommendation
3. Official Transcripts
4. Updated Resume/CV
5. Academic Documents
6. A valid passport is compulsory
7. Financial Support Proof
8. GRE/GMAT score

Suggested: Requirements to Study in UK

Admission Process in Best Universities for Finance in UK

To complete the admission process, you need to have all the required documents. Below are the steps to follow for admission process:

1. Check the official university website to see if you match the eligibility requirements for your desired program.
2. Take a look at the important documents and permits that you need to submit along with your application.
3. Complete the online application form and pay the application cost.
4. After submitting your application, you can log in to the admission portal.
5. Meanwhile, you can gather all of the documents needed to apply for a UK study permit.
6. If you meet the required needs, the university invites you for the entrance exam.
7. The cut-off for the entrance exam is determined by the college administration. If an applicant performs well on the entrance exam and meets the cut-off, the next step is processed.
8. Once the university accepts documents and scores, you can get an acceptance letter from the applied university
9. After receiving an acceptance letter you can apply for the UK study visa

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Cost of Studying Finance in UK

The total cost to study finance in UK depends on the university and location. Below mentioned is the cost of finance course in UK.

1. Program Fees

One of the primary costs an international student incurs while studying abroad is tuition fees. Different universities in UK charge different fees, depending on the course level. The overall cost of study is around:

• BA- GBP 26,000 (INR 24,56,169)
• MSc- GBP 10,000 (INR 94,46,80)
• PhD- GBP 25,000 (INR 23,61,701)

2. Cost of Living

The cost of living in UK depends on the lifestyle and where you live. You need to check upon different cities of the UK for the living cost and compare.

Facilities	Cost Per Month
Accommodation	GBP 830 (INR 79555.87)
Food	GBP 50 (INR 4792.52)
Transportation	GBP 32 (INR 2576.27)
Study Materials	GBP 1000 (INR 95850.45) yearly

Scholarships for Finance Degree in UK

Students can get financial aid in the form of scholarships, awards, and other grants from UK universities and other organisations. For international students, getting a degree in finance in the UK might be challenging.

Scholarships	Amount Granted
MSc Finance Future Leaders Scholarship	GBP 36,810 (INR 35,28,255.09)
Business School International MSc Scholarship	GBP 10,253 (INR 98,27,54.67)
Alliance MBA Masters Scholarships for UK/ EU/ International Students	Covers full tuition fees
Global Accounting and Finance Scholarship	GBP 5126 (INR 49,13,29.41)

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Job Scope After MBA in Finance in UK

Graduates of the Master of Finance program can advance their careers in commercial banking, hedge funding, or insurance. Although pursuing a career in finance is difficult, pay packages can be excellent based on experience, position, and industry.

Job Roles	Average Annual Fees
Finance Officer	GBP 35,902 (INR 34,41,222.88)
Financial Analyst	GBP 78,750 (INR 75,48,222.99)
Financial Controller	GBP 77,600 (INR 74,37,994.97)
Financial Broker	USD 42,406 (INR 40,64,634.21)

Suggested: Job Opportunities after Studying in UK

A student interested in studying finance in the UK has many options, including a program with a short duration, significant returns on investment, a degree that is relatively less expensive, etc. One thing is certain for students interested in pursuing a master's degree in finance in the UK; that there is a good career opportunity. If you are keen to study finance in UK, Yocket Professionals are ready to help.