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MiF in the UK

Trishna   |   July 05, 2023




Avg. Age

£ 57,000

Avg. Cost of Study

9 – 12 

Months Duration 

£ 60,000

Avg. Salary

Table of Contents

Why Study MiF in the UK?

Pursuing a Masters in Finance (MiF) in the UK presents with an exciting opportunity for individuals seeking to advance their careers in the finance industry. The UK is widely recognized for its esteemed higher education system, renowned universities, and world-class faculty, making it a highly attractive destination for aspiring financial professionals. The country’s robust job market in the finance sector, characterized by numerous opportunities and esteemed industry leaders, further adds to its appeal.

In addition to its academic excellence, the UK’s strong economy offers a favorable environment for finance professionals. As a hub for global finance, the UK provides students with exposure to diverse financial markets, institutions, and practices. This exposure allows MiF students to gain practical knowledge and hands-on experience, honing their skills in areas like investment banking, financial analysis, risk management, and more.

Beyond the academic and career aspects, pursuing a MiF in the UK offers an enriching and vibrant student life. The country’s culturally diverse society, rich history, and vibrant social scene ensure that students can access a wide range of activities, events, and experiences.

To sum it all up, pursuing a MiF in the UK empowers students with the necessary knowledge, skills, and connections to excel in the finance field and embark on a successful future. The comprehensive curriculum and practical learning opportunities provided by top-ranked universities equip students with critical insights and competencies needed to navigate the complexities of the finance industry.

Types of MiF offered in the UK

Part-Time Programs

Part-time Masters in Finance programs in the UK provide flexibility for students who prefer to balance their studies with other commitments such as work or personal responsibilities. These programs are designed to accommodate individuals who may be working professionals or have other time commitments. Part-Time programs allow students to extend the duration of their studies and may be completed in two to three years, offering a more gradual and manageable learning experience.

Full-Time Programs

Full-time Masters in Finance programs in the UK are designed for students who want to fully immerse themselves in their studies and complete their degree in a shorter timeframe. These programs usually require students to attend classes during the day regularly. Full-time programs offer an intensive learning environment that allows students to gain in-depth knowledge and skills in finance within a relatively shorter period. Typically, full-time programs can be completed within nine months to a year, making them an excellent option for students who want to focus solely on their education without other significant commitments.

Executive Programs

Executive programs in Masters Finance cater to experienced professionals seeking to enhance their finance expertise or transition into leadership roles within the finance industry. These programs are structured to accommodate professionals already employed or with significant work experience. Executive programs often offer flexible schedules, such as weekend classes or intensive modules, allowing participants to balance their professional commitments while acquiring advanced knowledge in finance. 

The UK offers diverse options for pursuing an Masters in Finance, including part-time, full-time, and executive programs. Choosing the right program type depends on individual circumstances, goals, and preferences. Whether students seek flexibility, a concentrated learning experience, or a program tailored for experienced professionals, the MiF programs in the UK cater to a wide range of needs, ensuring students can find a program that aligns with their career aspirations and personal circumstances.

The curriculum is designed to provide a comprehensive understanding of finance principles, financial markets, and investment strategies, preparing students to excel in their future careers. Moreover, the UK offers excellent opportunities for networking, internships, and job placements, enabling students to establish valuable connections and gain practical experience. With high-paying job prospects, studying Masters in Finance in the UK can lay a strong foundation for a promising career.

Program Costs + Living Expenses : MiF in the UK

£ 35,000 

Avg. Tuition Fee

£ 12,000

Avg. Living Cost

£ 10,000

Avg. Visa & Travel Expense


Avg. Cost of Study

When considering pursuing a Masters in Finance in the UK, it is crucial to understand the costs associated with both the program and the cost of living. MiF in the UK are generally more affordable compared to traditional MBA courses, making them an enticing option for those interested in management careers.

Tuition fees for MiF colleges in the UK can range from around £15,000 to £50,000 per year, depending on the university and program. However, it’s important to note that this only covers the cost of tuition, and additional expenses such as accommodation, food, and textbooks must also be considered.

The overall cost of living in the UK, including accommodation, food, transport, and utilities, can vary depending on personal preferences and location. Therefore, prospective students must carefully analyze their financial situation and budget constraints when choosing the most suitable MiF program within the best colleges in the UK.

Eligibility Criteria : MiF in the UK

Following are the basic eligibility requirements for top universities in the UK offering a Masters in Finance.

Together, these criteria ensure that prospective students possess the necessary academic background, quantitative skills, and language proficiency to excel in a master’s program in finance at esteemed universities in the UK. By setting high standards for admission, universities can attract motivated and talented students who are prepared to make significant contributions to the field of finance and beyond.

Scholarships Available : MiF in the UK

Students may find the cost of education to be a significant concern for pursuing a MiF in the UK. However, it’s important to note that various financial aid options are available to help alleviate the burden and make the MiF program more affordable. Scholarships, awards, and bursaries offered by universities and other agencies play a vital role in supporting students in their educational journey.

These financial aid opportunities are typically merit-based or need-based and aim to provide financial assistance to deserving students. They can help cover the costs of tuition fees, living expenses, and other outlays such as travel costs. By offering financial support, these scholarships enable students to pursue their MiF degree without having to worry excessively about the financial burden.

Moreover, scholarships for MiF programs in the UK not only help with financial support but also offer additional benefits. Some scholarships may be endowed with added perks, such as connections to potential employers or internship opportunities at sponsor organizations. These connections and internships can provide invaluable professional experience, networking opportunities, and a competitive edge in the job market after graduation. It’s worth noting that the availability and eligibility criteria for scholarships can vary from institution to institution and program to program. Hence, checking the specific requirements and application deadlines for each scholarship opportunity is advisable to ensure all necessary documents and forms are submitted on time.

Here are some of the scholarships available to:

In addition to the general scholarships available, there are also specific scholarships tailored for Indian students who aspire to pursue MiF in the UK. These scholarships are designed to support Indian students’ educational journey by providing full or partial coverage of tuition fees, living expenses, or a combination of both. By taking advantage of these scholarships, Indian students can pursue their Masters degree in the UK with reduced financial burden.

Career Prospects : MiF in the UK

The UK’s finance sector provides promising job opportunities for post-graduates, driven by strong demand and a growing economy. Within this sector, several prominent companies hold a dominant position in the financial landscape. Here are some of the top finance companies in the UK:

  • Goldman Sachs
  • J.P. Morgan
  • Morgan Stanley
  • Barclays
  • Citigroup
  • HSBC
  • PwC (PricewaterhouseCoopers)
  • Deloitte
  • EY (Ernst & Young)
  • KPMG
  • BlackRock
  • UBS
  • Credit Suisse
  • Standard Chartered
  • BNP Paribas

Employed within 3 months of graduation

50- 70K

Avg. Salary

Most Sought-after Jobs

Financial Analyst

Investment Banking

Analyst Risk Manager

Financial Consultant

Corporate Financial Manager

Portfolio Manager

Financial Controller

Treasury Analyst


Visa & Stay Prospects : MiF in the UK

To study in the UK, students need to be aware of the VISA and stay prospects available to them. And, to be eligible for a Student visa in the UK, the applicants must meet the following conditions:

  • Be 16 years old or above.
  • Receive an offer of a place on a course from a licensed student sponsor.
  • Have sufficient funds to support themselves and cover the course expenses (the required amount varies based on individual circumstances).
  • Possess the ability to speak, read, write, and understand English.
  • If the applicant is 16 or 17 years old, they must provide parental consent evidence when applying.

Application Process

The application process depends on whether the applicant is applying from outside or inside the UK.

Applying from outside the UK

  • One can apply for a visa six months before the course start date.
  • Typically, a decision on the visa application is received within three weeks.

Applying from inside the UK

  • The earliest one can apply is three months before the course starts.
  • The application must be submitted before the current visa expires, and the new course must commence within 28 days of the current visa expiration date.
  • Usually, a decision on the visa application is received within eight weeks.

Duration of Stay 

The duration of stay allowed in the UK depends on the course length and the applicant’s previous study in the UK. The typical stay duration for students aged 18 and above pursuing a degree-level course is up to five years.

Students wishing to stay longer after completing their course can switch to a graduate visa, allowing them to stay in the UK for at least two years upon successfully completing their program.


The fees associated with the Student visa application include the following:

Applying from outside the UK:

  • Visa application fee: £363

Applying from inside the UK:

  • Visa extension or switch fee: £490

It is important to note that the visa fee must be paid for each person joining the applicant.

Healthcare Surcharge

As part of the application process, applicants must pay the healthcare surcharge, which depends on the duration of the visa.

Pursuing a Masters in Finance in the UK offers international students valuable academic and professional experience. Understanding the VISA and stay prospects available to students is essential to ensure a smooth transition. Students can confidently plan their studies and stay in the UK by meeting the eligibility criteria, following the application process, and understanding the fees and healthcare surcharge.

Top 5 Colleges for MiF in the UK


London Business School

MSc in Financial Analysis

Duration: 12 – 16 months or 22 months

Format: Full-time/Part-time

Avg. Working Experience: 0 – 2 years*

Location: London

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University of Oxford

MSc in Financial Economics

Duration: 9 months

Format: Full-time

Location: Oxford

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University of Oxford: Said MiF Recommendation

University of Cambridge

Master of Finance

Duration: 12 months

Format: Full-time

Avg. Working Experience: 2 – 4 years*

Location: Cambridge

Cambridge Judge MiF Program: Complete Overview
London School of Economics

MSc in Finance

Duration: 10 months

Format: Full-time

Location: London

London School of Economics MiF
Imperial College Business School

MSc in Finance

Duration: 12 months

Format: Full-time

Avg. Working Experience: Recommended

Location: London

Imperial College Business School MiF

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about MiF in the UK

Graduates can pursue roles such as financial analyst, risk manager, investment banker, asset manager, or financial consultant. The UK’s strong financial sector offers a wide range of opportunities.

Work experience is not always mandatory, but some programs might prefer or require applicants to have relevant work experience.

Many UK universities facilitate internships, work placements, or practical projects, providing students with real-world experience and connections in the finance industry.

Some programs may align with the content of professional certifications like the Chartered Financial Analyst (CFA) or the Association of Chartered Certified Accountants (ACCA), giving students a head start toward earning these credentials.

Yes, there is a post-study work visa option in the UK that allows international students to work for up to two years (or three years for doctoral graduates) after completing their studies.

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