Finance education in the UK combines analytical ability with business ethics, which is perfect for handling the intricacies of contemporary global markets. With London as a global financial centre, you'll have direct access to industry experts and career prospects. Alumni such as Rishi Sunak, a former Prime Minister and Chancellor with a finance degree, demonstrate the success UK finance graduates can achieve.
Popular programmes
MSc in Financial Economics, MSc Finance, and BSc Finance are popular courses in this field.
Best Universities to study Finance and Accounting
With the London Stock Exchange close by, it is unsurprising that some of the most premier institutions in the UK offer top courses in Finance and Accounting.
To get an idea of the fees charged by top universities, refer to the table below.
Best University
|
Fees in GBP
|
Fees in INR
|
University of Oxford
|
35,260 - 59,260
|
40.5 - 68.1 lakhs
|
Imperial College London
|
47,500
|
54.62 lakhs
|
London School of Economics and Political Science
|
29,200
|
33.58 lakhs
|
University of Cambridge
|
57,850
|
66.52 lakhs
|
Average Annual Tuition Fee
Finance, Accounting, and International Business tend to cost more due to the high ROI and demand. On average, you can expect to spend GBP 20,000 - GBP 45,000 (INR 20.27 - INR 45.61 lakhs). For a study-level breakdown, refer to the table below.
Degree Name
|
Fees in GBP
|
Fees in INR
|
Masters in Finance
|
32,000
|
36.8 lakhs
|
MSc in Finance and Accounting
|
40,000
|
46 lakhs
|
BSc Finance
|
18,700 - 36,000
|
28.5 - 41.4 lakhs
|
Course Duration
On average, an undergraduate degree in Finance takes 3 years in the UK, while a postgraduate degree takes 1-2 years.
Entry Requirements
While there are different requirements for the course level and university, some general guidelines are listed below.
- For UG, you need to score a minimum of 70-90% in class 12 (with Commerce, Economics, and Maths), or graduate with a 75 %+ GPA for Master's from a BCom or related degree.
- IELTS (6.5-7.0) or TOEFL 88+ to prove your proficiency in English.
- Some top programs may also ask for GMAT scores (600+ preferred), especially for competitive finance or accounting tracks.
- SoPs, LoRs, and compelling Interviews might be needed as well. For PG programs, a CV, work experience, and a resume might help boost chances.
Career Prospect
The two careers in this domain, along with their descriptions and salaries, are listed below.
Chartered Accountant / Finance Director Track: If numbers excite you, this stream is for you. With an average salary of GBP 90,000 (INR 1.03 crore), you would keep the books straight, optimise tax, and steer corporate finance in this domain.
Investment Banker (Analyst/Associate): With one of the highest-paying careers, these professionals structure deals and raise capital for their companies on a global scale. Their annual remuneration is GBP 84,000 (INR 96.6 lakhs).
Management Consultant: These professionals solve strategic problems for big clients, ranging from market entry to cost cuts. Their annual salary is GBP 60,800 (INR 69.9 lakhs).
Top employer
The top employers of finance graduates in the UK are PwC, Deloitte, EY, and KPMG.
PR Scope
After graduation, you can stay in the UK for up to 2 years through the graduate route. Getting PR through this domain is not easy due to high competition, but it can be done if you get professional credentials like ACCA or CIMA for roles in auditing, etc.