Edinburgh Masters in Finance: Detailed Overview

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Introduction to MIF at Edinburgh

The Master of International Finance (MIF) program at the University of Edinburgh is a prestigious and globally recognized graduate program designed to equip students with the knowledge and skills necessary to excel in the dynamic field of international finance. Situated in the heart of Edinburgh, a thriving financial hub and historic city, this program offers a unique blend of academic excellence and practical exposure. Students benefit from a diverse and international cohort, world-class faculty, and a curriculum that covers a wide range of topics, including financial markets, risk management, corporate finance, and international banking.

With strong connections to the finance industry, the MIF program at Edinburgh provides students with ample networking opportunities and the chance to apply their learning in real-world contexts, making it an ideal choice for those aspiring to excel in the global financial landscape.This program is renowned for its rigorous academic standards, emphasis on experiential learning, and its commitment to producing graduates who are well-prepared for the challenges and opportunities in the ever-evolving world of international finance.

Why Study MIF at Edinburgh?


FT Rankings

Studying the Master of International Finance (MIF) program at the University of Edinburgh offers several compelling reasons:

  • Global Reputation: The University of Edinburgh has a distinguished reputation for academic excellence and is consistently ranked among the top universities globally. The MIF program leverages this reputation to provide students with a high-quality education recognized and respected by employers worldwide.
  • Financial Hub: Edinburgh is a renowned financial hub, often referred to as the “Gateway to the UK’s Financial Services.” This strategic location provides students with proximity to major financial institutions, fostering numerous opportunities for internships, networking, and exposure to real-world finance scenarios.
  • Diverse Cohort: The MIF program at Edinburgh attracts a diverse cohort of students from around the world. This diversity not only enriches the learning experience but also offers valuable cultural insights and networking opportunities on a global scale.
  • Experienced Faculty: The program is taught by experienced and accomplished faculty members who bring both academic expertise and real-world insights into the classroom. Their knowledge and industry connections are invaluable in preparing students for the financial sector.
  • Comprehensive Curriculum: The MIF program covers a wide range of finance-related topics, including financial markets, risk management, international banking, and more. This comprehensive curriculum equips students with a broad understanding of the field, enabling them to pursue various career paths in finance.
  • Networking Opportunities: Edinburgh’s strong ties to the financial industry provide students with numerous opportunities to engage with professionals, attend industry events, and build a network that can be instrumental in their future careers.

Program Costs + Living Expenses: MIF at Edinburgh


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Fees: In addition to paying tuition, students must also pay fees. These fees pay for a range of costs, including student government dues, technology fees, and health insurance for students. 

Living costs: Living costs change based on the lifestyle and housing preferences of the student. For a single student living on campus, however, a conservative estimate of living costs is £10,000 each year. Housing, food, transportation, personal, and health insurance costs are included in this.

Supplies and books: The price of books Depending on the student’s course load and academic interests, the cost of books and supplies may vary. However, $500 each quarter is a fair estimate for books and supplies.

Transit: Depending on the student’s commute requirements and available transit options, the cost of transportation varies. However, $200 each quarter is a fair estimate for transportation.

Additional costs: Additional costs could include things like entertainment, travel, and presents. Depending on the student’s particular spending habits, the price of these expenses may vary.

Employment Prospects: MIF at Edinburgh


Employed within 3 months of graduation


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    Most Sought-after Jobs

Investment manager.

Change management engineer

Fashion retail project manager

Capital markets analyst


Mergers and acquisitions (M&A)

The Master of Finance (MFin) program at the University of Edinburgh Business School is a highly respected program that equips students with advanced knowledge and skills in finance. Employment prospects for graduates of the MFin program at the University of Edinburgh can be quite promising, but they can vary depending on factors such as your individual qualifications, career goals, and the state of the job market. Here are some potential employment prospects for MFin graduates from the University of Edinburgh:

  • Investment Banking: Graduates may find opportunities in investment banking, working as analysts, associates, or in other roles related to mergers and acquisitions, capital markets, and corporate finance.
  • Asset Management: Asset management firms often hire finance professionals to manage investment portfolios, analyze investment strategies, and provide financial advice to clients.
  • Corporate Finance: Many companies require finance professionals to manage their finances, develop financial strategies, and make investment decisions. Graduates may work in corporate finance departments.
  • Consulting: Consulting firms often value the financial expertise of MFin graduates for projects related to financial planning, risk management, and strategy development.
  • Private Equity and Venture Capital: Graduates can explore opportunities in private equity and venture capital firms, where they may evaluate and manage investments in private companies.
  • Financial Analysis and Risk Management: Financial analysts and risk management professionals are needed in various industries to assess and mitigate financial risks.
  • Real Estate Finance: Real estate firms often hire finance professionals to analyze real estate investments, manage portfolios, and make financing decisions.
  • Fintech and Financial Technology: The finance industry is evolving, and fintech companies often seek candidates with a strong finance background to work on financial technology and digital finance solutions.
  • Government and Regulatory Agencies: Government agencies and regulatory bodies may hire finance professionals to ensure compliance with financial regulations and to contribute to financial policy development.

Eligibility Criteria for MIF at Edinburgh

The minimum academic requirement is a UK 2:1 honours degree in a related subject or an equivalent international qualification.

Some examples of equivalent qualifications:

  • Canada: B+; 3.25+ (4 point scale); 7+ (9 point scale)
  • China: 85%+; Band A from the Priority list of Chinese universities
  • Germany: 2.5+ (reverse 5 point scale); Sehr Gut/Gut
  • India: 1st Class degree (60%+); 3.2 on a 4 point scale; 8.0 on a 10 point scale
  • Nigeria: 2:1
  • South Africa: 2:1/1st
  • USA: GPA 3.25+ (4 point scale)

If your home country is not listed above, consult the minimum grade point average (GPA) required by following the link below:

Entry requirements by country

Important points

  • The ranking of the university at which you studied is considered when we determine whether or not your degree is equivalent to a first or upper second-class honors degree in the UK.
  • If your degree is not of the required standard and you do not have highly relevant work or other experience, we will normally reject your application.
  • Meeting the degree requirement doesn’t ensure acceptance. A higher standard may be needed for your application to be competitive for admission or funding.
  • Other equivalent qualifications can be requested from the Admissions team.
  • A conditional offer can be made if you are waiting for a final degree result or a language test result.

Documents required: MIF at Edinburgh

  • Online Application: Students have to submit an online application form at the official website.
  • Application Fee: Students need to submit their application fees.
  • Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • 3 Letters of Recommendation: Three letters of recommendation are required; one letter must come from an academic source, although Stanford prefers at least two. Recommendations must be submitted online. 
  • Official GRE Test Scores: Students have to submit their GRE Test Scores.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

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Scholarships Available : MIF at Edinburgh

The University of Edinburgh Business School offers several scholarships for the Master of Finance (MIF) program starting in September 2023. Here are the available scholarships:

EU Regional Scholarship Programme:

  • Deadline: Multiple
  • Value: Awards of £5,000 and £10,000
  • Nationality: Applicants domiciled in the EU

Latin American Scholarship Programme:

  • Deadline: The deadline for this scholarship has passed
  • Value: Awards of £5,000 and £10,000
  • Nationality: Applicants domiciled in Latin American countries

Dean’s Excellence Scholarship Programme:

  • Deadline: Multiple
  • Value: Awards of £5,000 and £10,000
  • Nationality: Open to all nationalities

Sustainability and Social Impact Scholarships:

  • Deadline: Multiple
  • Value: Awards of £5,000 and £10,000
  • Nationality: Open to all nationalities

Home Fee Scholarship Programme:

  • Deadline: Multiple
  • Value: Awards of £5,000 and £10,000
  • Nationality: Open to all applicants with home tuition fee status

The Business School Access Scholarship:

  • Deadline: The deadline for this scholarship has passed
  • Value: Full Fee Scholarship
  • Nationality: UK national domiciled in the UK

Positive Action for LGBT+ MSc Scholarship:

  • Deadline: The deadline for this scholarship has passed
  • Value: £10,000
  • Nationality: Open to all countries

Specializations & Electives Offered

  1. Corporate Finance
  2. Investment Management
  3. Risk Management
  4. Financial Data Science
  5. Financial Markets and Economics
  6. Real Estate Finance
  7. Banking and Financial Services
  8. International Finance
  9. Sustainable Finance
  10. Fintech and Financial Technology
  11. Quantitative Finance
  12. Behavioral Finance

FAQs About MIF

You are eligible to apply if you have earned a Bachelor of Science in a similar science discipline, but you may be at a disadvantage compared to engineering majors who have applied. Please thoroughly review the requirements of the program in the MSME Graduate Handbook to help you decide if you are prepared for our program.

 Yes. Students with a BS degree are eligible to apply to the PhD program.

You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).

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