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Top Finance Colleges in UK

Explore global finance, expert faculty, and scholarships.

Top Finance Universities

Why Study Finance Courses In The UK?

The subject of finance refers to the management of money at the public, corporate, and personal levels. Students who study finance can learn the big business picture as well as will be able to prepare for their chosen careers accordingly ranging from an investment banker to a financial advisor. Finance Courses in the United Kingdom have become well-known throughout the world for several reasons. One of the most important factors is that the UK has got a long history of understanding and studying the subtle complexities surrounding finance.

Since the middle ages, London has been boosted as a prominent financial as well as a trade hub, and currently, it is considered to be one of the most significant and crucial financial centers in the whole world. The United Kingdom’s financial sector has got strong and dependable financial hubs in Leeds as well as Edinburgh which enhances its worth to about £165 bn and also helps the industry to attract global talents from all corners of the world. Another important aspect that attracts people to study abroad UK finance courses is the available inspiration by best teachers and sharers of the world.

These teachers and lecturers are not just there to teach but also to guide the students individually so that each of the students too can capitalize on their skills and competencies. The best universities in the UK for finance and accounting currently includes the University of Oxford, the London School of Economics and Political Science, and the University of Cambridge. The United Kingdom has nearly 250 institutions that offer over 4000 courses which is why students rarely struggle to find exactly what they are looking for.

Additionally, they also receive some real world insights that can be useful for application in future careers. Moreover, majority of the United Kingdom universities have a broad network of contacts from the industry, which is an additional benefit for the students as they are able to access a large chunk of opportunities related to gaining work experience in the sector they want to work in. United Kingdom universities also offer various internships and placements after an year within the industry, this ensures that all students are properly prepared to apply the learned skills to solve real-time challenges and hit the ground running once they successfully graduate.

UK finance universities are also globally renowned for their teaching quality and for having inspiring and friendly teachers belonging from diverse cultural backgrounds. UK finance universities have many research-led flexible courses that offer accreditation from major accountancy bodies and organizations. Additionally, the skills that are developed in both postgraduate and undergraduate courses will provide a huge scope of preparation for any manager or leader in the distant future. 

Furthermore, studying finance in the United Kingdom can also help students to experience a rich social culture. Students can engage themselves in multiple on-campus societies as well as groups or clubs, and students can also choose to explore further afield. Whichever group a student chooses they will be able to boost their analytical skills and also understand language differently. An UK based finance and accountancy degree can help to provide knowledge of the commerce industry dynamics, broaden the knowledge and scope of the subject area as well as the technical skills so that the students can apply those in suitable contexts. All students who go through UK finance courses from UK universities learn a great deal of invaluable transferable qualities and skills, starting from written and oral communication skills to numerical and analytical skills, global entrepreneurship and business issues.

Other specific factors that make UK universities a viable choice for studying finance includes its comprehensive learning and conclusive syllabus, an expert as well as talented faculty, prepares the students for big leaps, provides accredited professional certification, and offers international recognition. Additionally, it offers a good social experience to students and sharpens their skills and competencies to boost development and growth prospects. When compared to finance courses from other parts of the world, it was found that UK courses have a much shorter duration yet is more successful in terms of results. 

Popular Finance Courses In The UK

Some popular finance courses in the UK includes MSc Financial Management (University of Birmingham), MSc Investments (University of Birmingham), MSc Money, Banking, and Finance (University of Birmingham), MSc Finance and Investment (University of Nottingham), MSc Finance (Lancaster University), MSc Banking and Finance (University of Nottingham), International Economics, Banking and Finance (MSc) [Cardiff University], MSc International Money and Banking (University of Birmingham), MSc Money, Banking and Finance (Lancaster University), MSc Banking and Finance (King’s College London), MSc Finance and Investment (University of Bristol), MSc International Financial Management (University of Surrey), MSc Finance and Management (University of Exeter), MSc International Corporate Finance (University of Surrey), MSc Quantitative Finance (Lancaster University), MSc Advanced Financial Analysis (Lancaster University), MSc International Banking and Financial Studies (University of Southampton), and many more.

Some of the popular pre-masters or graduate courses in UK are  Graduate Diploma in Finance (Pre-Masters) [University of Exeter], BSc (Hons) Finance, Accounting, and Management (University of Nottingham) [with placement and without placement]. The best universities that offer attractive Finance courses in the United Kingdom are University of Oxford, University of Manchester, University of Cambridge, Imperial College of London, and University of Edinburgh. Some popular courses by these universities include BA (Hons) in Economics and Management, MSc in Financial Economics, and DPhil in Finance all available at Oxford University. 

Duration Of Finance Courses In The UK

The duration of Finance Courses for undergraduate students study in UK are mostly three years long. However, there are some programs or courses that offer four-year long courses with an additional year for business placement. The duration of Finance Courses for the graduate as well as Post-graduate students in UK typically involve one to two years. However, most part-time programs or courses take between two to four years. 

Costs Of Studying Finance Degree Courses In UK

The costs of studying a undergraduate Finance program can range between GBP 20,000 - 29,000. The costs of studying a graduate Finance program can range between GBP 10,000 – 48,191. The costs of studying a post-graduate Finance program in the UK can range between GBP 13,636 – 25,000. These prices are from the above mentioned top universities offering finance courses in UK. 

Cost Of Living In The UK

The costs of living in the UK for approximately a family comprised of four members range between £4000 to £4,500, including rent. However, this is subject to where they live and how we’ll they are able to manage their finances. The costs of living in the UK for two individuals is mostly around £2500 and £3000, this includes accommodation rent. The average cost of living for a single individual in UK is around £725 to £1200. All the costs of living may vary depending on a person’s situation or place of living, and daily expenditures. The accommodation rents are highest in cities like London, and the average rent may go up to approximately £1,480. Depending on the region the average cost of living for an individual are North East (£530), The Humber and Yorkshire (£550), East Midlands (£561), West Midlands (£602), South West (£752), North West (£623), South East (£940), East (£860), and lastly, London (£1,480). The living costs for international students in the UK are £10,308 per year for single person in London, £8,208 per year for single person living in Edinburgh, and £7,944 per year for a single person living in Cardiff. 

Finance Courses In The UK With Scholarships 

Certain UK universities along with other organizations provide financial support to their students in various forms such as awards, bursaries, and scholarships. Some popular scholarships available for international students studying in the UK are offered by the Imperial College of London (MSc Finance Future Leaders Scholarship), University of Edinburgh (Business School International MSc Scholarship), Manchester University (Alliance MBA Masters Scholarships for UK/EU/ and International Students), and London School of Economics and Political Science offers the Graduate Support Scheme; LSE Master’s Award. Other renowned scholarships offered by top universities include University of Cambridge (MFin Program Scholarship), University of Oxford (Alumni Annual Fund Scholarship and Oxford Said – HEC Montreal Scholarship). Other less popular yet effective scholarships are offered in University of Bristol (Global Accounting and Finance Scholarship), Warwick university (WBS Scholarships), University of Glasgow (Adam Smith Business School Scholarship), and University of Sheffield (International Merit Postgraduate Scholarship).

The subjects that are mostly covered in the UK under Bachelor finance courses are financial modelling, management accounting, insurance, and quantitative techniques. The key subjects that are covered under the finance Master's courses in UK are advanced management accounting, foundations of finance theory, finance statistics, and advanced international financial reporting. The subjects that are covered under finance PhD courses in the UK mostly include corporate governance, financial markets in Macro economy, and empirical methods in finance. These are some of the most important subjects and areas of knowledge that students need to learn in regards to learning and practicing finance and accounting related skills. 

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Frequently Asked Questions

The top finance colleges or universities in the UK are –

  • The London School of Economics and Political Science (LSE)
  • University of Oxford
  • University of Cambridge
  • London Business School
  • The University of Manchester
  • Imperial College London
  • The University of Edinburgh
  • The University of Warwick
  • Lancaster University
  • City, University of London

The UK is a renowned destination for students who aim to pursue higher studies in finance. Some of the exceptional finance courses offered in UK universities are as follows –

  • BSc Accounting and Finance
  • BSc Finance
  • BSc Financial Mathematics and Statistics
  • BSc (Hons) Management (Accounting and Finance)
  • BAEcon Finance
  • BAEcon Economics and Finance
  • MSc Financial Technology
  • MSc Finance
  • MSc Finance & Accounting
  • MSc Mathematics and Finance
  • Finance, Technology, and Policy MSc
  • PhD Finance
  • Financial Technology PhD

The eligibility criteria for finance colleges in the UK hugely vary based on the college and program you are applying for. But some general eligibility criteria that most colleges will require incorporate –

  • A bachelor’s degree in economics, finance, mathematics, or a related field with a minimum GPA of 3.0/4.0 or equivalent
  • A strong and stellar academic record with a focus on quantitative courses
  • GMAT or GRE scores (needed for certain programs)
  • English language proficiency (IELTS 6.5 or TOEFL 80)
  • Work experiences (optional, but may be preferred by certain colleges)
  • LOR

International students can apply to top finance colleges in the United Kingdom. The UK is a renowned destination for international students who desires to pursue finance. The UK has some of the best-ranked universities in the world for finance, and the finance industry in the country is incredibly vibrant. However, it is crucial to note that international students must pay higher tuition fees than UK students.

Here are certain effective guidelines to apply to finance colleges in the UK –

  • Conduct extensive research on different finance programs in the UK
  • Meet the eligibility criteria of the college you are aiming to apply for
  • Gather necessary documents (A copy of the high school score transcripts, GMAT or GRE scores, IELTS or TOEFL test scores, LOR, SOP, etc.)
  • Complete the application form.
  • Submit the application
  • Wait for the decision.

The duration of most finance and accounting degrees in the UK is 3 years. On the other hand, a Masters's program in accounting courses is 1-2 years, based on if they are taken full or part-time.

Certain finance colleges in the UK require applicants to take an entrance exam. The most common entrance exams for finance colleges in the UK are the GRE and GMAT. Apart from the GMAT and the GRE, certain finance colleges in the UK may also need applicants to undertake an additional exam like the LNAT or the UKCAT.

The essential documents required for applying to finance colleges in the UK vary hugely depending on the college and the program you are applying for. Some general documents that most finance colleges in the UK will require incorporate –

  • A copy of your high school score transcript
  • GMAT or GRE scores (if needed)
  • English language proficiency test scores (TOEFL or IELTS)
  • Letter of Recommendation
  • Statement of Purpose
  • Work experience certificates
  • Creative work portfolios

The average tuition fee of the top finance colleges in the UK is around £30,000 per year for international students. But the tuition fees can vary based on the college and the program. Like, the tuition fees for a Master of Finance program at the London Business School are around £55,000 per year, while the tuition fees for a Master of Finance Program at the University of Edinburgh are around £25,000 per year.

Yes, there are countless scholarships available for finance students in UK colleges. Some of the most famous scholarships for finance students in the UK incorporate –

  • Chevening Scholarships
  • Commonwealth Scholarships and Fellowships
  • Gates Cambridge Scholarships
  • Oxford Pershing Square Scholarship
  • Warwick Business School Scholarships

There are many other scholarships available, so it is significant to do your research and find opportunities that are a remarkable fit for you.

The tuition fees for finance colleges in the UK hugely vary depending on the college and program. However, the average tuition fee for an international student pursuing finance in the UK is around £30,000 per year. Here are certain examples of the tuition fees for finance colleges in the UK –

  • London Business School – £55,000 per year
  • Imperial College London – £32,000 per year
  • University of Cambridge – £31,000 per year
  • University of Oxford – £30,000 per year
  • Warwick Business School – £29,000 per year

Certain remarkable job prospects after pursuing finance in the UK are –

  • Corporate Investment Banker
  • Actuary
  • Corporate Treasurer
  • Financial Risk Analyst
  • Compliance Officer
  • Equity Trader
  • Chartered Accountant
  • External Auditor
  • Forensic Accountant

There are innumerable online courses offered by finance colleges in the UK. Certain most popular online finance courses offered by UK colleges include –

  • MSc Finance Online from the University of Edinburgh
  • MSc Financial Analysis and Decision Making Online from the London School of Economics and Political Science
  • MSc Finance and Investment Online from Warwick Business School

To acquire a student visa for finance colleges in the UK, you need to –

  • Confirm you’re eligible to study in the UK
  • Compile financial, health, and educational documents to process your visa application.
  • Fill out and pay for your visa application and conduct your credibility interview.
  • Make sure all border security-necessary documents are easily accessible in your carry-on.
  • Gain profound knowledge of visa restrictions, requirements for extending your visa, and for which work opportunities you qualify.

According to the QS World University Rankings 2022, the University of Oxford is ranked number 2, the University of Cambridge is number 3, Imperial College London is number 7, and the likes. The United Kingdom also houses some of the best universities globally that offer high-quality education with practical exposure. The country allows international students to work part-time during the course duration, and UK's degrees are recognised worldwide. Hence, the UK is one of the top countries to pursue finance in the UK.

It is possible to work while studying finance colleges in the UK. But there exist some restrictions on how much you can work. International students can work up to 20 hours every week during term time and full-time during the holidays. This is in accordance with the Tier 4 visa rules of the UK government.

The English language requirements for finance colleges in the UK vary based on the college and the program. Certain common English language tests accepted by UK finance colleges in the UK incorporate –

  • IELTS (6.5 or higher)
  • TOEFL (80 or higher)
  • PTE Academic (65 or higher)
  • Cambridge English (180 or higher)
  • Duolingo English Test

There are countless ways to look for accommodations near finance colleges in the UK. Here are some of them –

  • Contact your college directly to live on campus or stay at university-owned accommodations.
  • Go through student accommodation websites like Uniplaces, SpareRoom, and Studentpad.
  • Speak with your friends and family
  • Search online forums and classifieds

Student Reviews on Finance Colleges in UK

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