Entry requirements

Applicants to the MSc in Money, Banking and Finance will normally need to have:

  • a good honours degree or equivalent qualification from a recognised university
  • demonstrable English language competence where their first language is not English

You will normally need a minimum of a 2:1 honours degree or equivalent (a GPA of at least 3.2 on a 4-point scale or B/B+ on a literal scale).

Applicants who have studied in China should have been or will be awarded a Bachelor's degree with a final overall mark of at least 80%-85%.

The degree should be in Economics, Finance or related subject which has included a significant component of Economics and quantitative techniques.

You can find out more about the international qualifications we accept on the main University website.

Offers of places

Applicants who are judged to have already fulfilled all requirements for entry to the course will be given an unconditional offer. Otherwise, applicants may be given an offer that is conditional upon our receipt of further evidence. If you receive an offer, you will be required to pay a deposit in order to secure your place on the course. If you fail to meet the conditions of your offer, this deposit will be refunded, provided that you have made a reasonable attempt to meet any conditions and provide documentary evidence of this.

English language requirements

Studying at Masters level demands a high level of fluency in written and spoken language, and excellent comprehension. For this reason, non-native speakers of English are normally asked to demonstrate their English language competence by taking one of the internationally recognised tests below.

Our minimum language requirements for postgraduate study at LUMS are:

  • IELTS 7.0, with at least 6.0 in each element
  • Pearson Academic (PTE) 70, with at least 55 in each element
  • Cambridge Certificate of Proficiency in English (CPE) grade C
  • ToEFL iBT 100 (with minimum 22 in each skill)

Please note: IELTS and Pearson scores are valid for two years from the test date. Also, note that ToEFL tests are no longer recognised by the UK Visas and Immigration Office for entry to pre-sessional English language courses.