Finance

MSc

  • Entry Year 2023 or 2022
  • Duration Full time 12 Months

Overview

Top reasons to study with us

  • 2

    2nd for value for money in the UK

    FT Masters in Finance (2022)

  • 9

    9th for pre-experience in the UK

    FT Masters in Finance (2022)

  • 54

    54th for Masters in Finance (World)

    QS Business School Rankings (2022)

Introduction
Organisations in the financial management sector require industry professionals with specialist knowledge of financial markets and expertise in investments, financial instruments and risk management. The one-year MSc Finance programme is tailored to these industry requirements, and is designed to give you the crucial skills you will need to launch a successful career in finance.

Our students come from a wide range of disciplines, including quantitative subjects. If you meet minimum performance criteria during your first term, you will have the chance to train for and sit the Chartered Financial Analyst (CFA) Level 1 professional exam during the programme. Upon successful completion of your masters, you will also automatically secure Association of Chartered Certified Accountants (ACCA) exemptions from most of the Fundamental level papers depending on your module choices during the second term.

We will teach you about the principles of financial markets and foundation finance, using real-world data and examples. You will have the chance to explore the fascinating areas of corporate finance, advanced investment management and financial econometrics. To help address the industry’s skills gap and give you a competitive edge in the jobs market, you will also have the opportunity to develop key transferable job market skills such as data analysis, and computer programming (using Python, R, Stata, MATLAB, and SAS); and will receive training in industry-standard data platforms such as Bloomberg and FactSet.

Your dissertation is a chance to really shape your future career path. Dissertations are managed in streams and you will be invited to presentation sessions by the stream leader. You will then choose from either empirical asset pricing, accounting, CFA level 1, or corporate finance. You will attend lectures and computer lab sessions designed to introduce you to the key literature and research methods on which your dissertation topic is based.

Throughout your programme, you will have access to the Management School’s dedicated career support. Advisers will help shape a one-to-one plan to play to your strengths and help your advancement. Many of our graduates have moved on to work in international accountancy firms such EY, KPMG, Bloomberg and city firms in London and beyond. A PhD is another route forward, enabling you to deepen your knowledge.

Course outline
In the first term, from October to December, you will take four core modules (Quantitative Methods for Finance, Foundations of Finance, Principles of Financial Reporting, and Financial Markets). Each module is split into two parts. The first part takes place over the first three weeks of the term and provides a solid introduction to the topics covered in the second part. In addition, you will have a two-week module on Financial Databases and career sessions spread out through the term.

During your second term from January to March, you will take four assessed modules.

From May to July you work on your Masters dissertation, with guidance from your academic supervisor. During those months, you will attend lectures and computer lab sessions designed to introduce you to the key literature and research methods on which your dissertation topic is based. You will continue to work on your dissertation throughout the remainder of the summer, submitting your dissertation in September, at the end of the Masters programme.

A number of dissertation streams are available including:

  • Advanced Topics in Investment Strategies, Mutual Funds and Hedge Funds
  • Advanced Topics in Corporate Finance
  • Advanced Topics in Accounting
  • CFA Dissertation Stream

Course accreditation

Association of Chartered Certified Accountants logo

This programme is accredited by the Association of Chartered Certified Accountants (ACCA). Some modules also provide exemptions from ACCA examinations at Fundamentals level to fast-track your progression.

Learn more about the Association of Chartered Certified Accountants accreditation

Entry Requirements

Academic Requirements

2:1 Hons degree (UK or equivalent) in Finance, Accounting, Economics or other business-related subject. Graduates in non-business areas with strong quantitative elements may also be considered.

We may also consider non-standard applicants, please contact us for information.

If you have studied outside of the UK, we would advise you to check our list of international qualifications before submitting your application.

English Language Requirements

We may ask you to provide a recognised English language qualification, dependent upon your nationality and where you have studied previously.

We normally require an IELTS (Academic) Test with an overall score of at least 7.0, and a minimum of 6.0 in each element of the test. We also consider other English language qualifications.

If your score is below our requirements, you may be eligible for one of our pre-sessional English language programmes.

Contact: Admissions Team +44 (0) 1524 592032 or email pgadmissions@lancaster.ac.uk

Course Structure

You will study a range of modules as part of your course, some examples of which are listed below.

Core

Optional

Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research. Not all optional modules are available every year.

Fees and Funding

Location Full Time (per year) Part Time (per year)
UK £14,500 n/a
International £26,500 n/a

Scholarships and bursaries

At Lancaster, we believe that funding concerns should not stop any student with the talent to thrive.

We offer a range of scholarships and bursaries to help cover the cost of tuition fees and/or living expenses.

QS Masters in Finance Top 100

Globally recognised

We're ranked in the QS World University Rankings 2022 Masters in Finance top 100, placing 26th for Thought Leadership, 17th for Faculty and Staff Diversity and 54th overall.

QS Masters in Finance 2022 rankings

Why study MSc Finance?

Mathis Fromel talks about why he chose this course, the careers support available and life on campus.

Student Profiles

Linked icons

QS Top 100 logo

#64 in the world for Accounting and Finance

Lancaster is ranked #11 in the UK and #64 in the world for Accounting and Finance according to the QS World Rankings by Subject 2022, one of nine subjects at Lancaster to be featured in the top 100 in these prestigious listings.

QS Rankings 2022

Important Information

The information on this site relates primarily to 2022/2023 entry to the University and every effort has been taken to ensure the information is correct at the time of publication.

The University will use all reasonable effort to deliver the courses as described, but the University reserves the right to make changes to advertised courses. In exceptional circumstances that are beyond the University’s reasonable control (Force Majeure Events), we may need to amend the programmes and provision advertised. In this event, the University will take reasonable steps to minimise the disruption to your studies. If a course is withdrawn or if there are any fundamental changes to your course, we will give you reasonable notice and you will be entitled to request that you are considered for an alternative course or withdraw your application. You are advised to revisit our website for up-to-date course information before you submit your application.

More information on limits to the University’s liability can be found in our legal information.

Our Students’ Charter

We believe in the importance of a strong and productive partnership between our students and staff. In order to ensure your time at Lancaster is a positive experience we have worked with the Students’ Union to articulate this relationship and the standards to which the University and its students aspire. View our Charter and other policies.