The course

UCAS code
N300
Duration
4 years
Location
Edinburgh
Delivery type
Full-time

Contact

Overview

The MA in Finance is focused on graduate employability in the financial sector in its broadest sense. The course is a specialist degree responding to the rapid growth in global financial services. It is particularly suited to those seeking entry into the banking or investment management sectors, both nationally and internationally, covering a range of relevant specialist topics in finance.

Whilst studying this degree you will have the opportunity to enhance your employability skills through the use of Heriot-Watt's state-of-the-art Bloomberg Trading Lab which opened on Edinburgh campus in 2018. Students can use 16 industry-standard Bloomberg Trading Terminals to access up to the minute financial data and learn financial analytics as well as so much more.

Accreditation

Bloomberg Experiential Learning Partner

Heriot-Watt University is accredited as a Bloomberg Experiential Learning Partner, recognising us as a leader in experiential learning in the area of finance. 

Detailed course information

Course content

Detailed course guide

Year 1

Semester 1

  • Introduction to Accounting
  • Introductory Economics
  • Management in a Global Context
  • Elective (Year 1)

Semester 2

  • Introduction to Finance
  • The Economy
  • Enterprise and its Business Environment
  • Elective (Year 1)

Year 2

Semester 1

  • Financial Markets Theory
  • Quantitative Methods
  • Option (Year 2)
  • Elective (Year 1 or 2)

Semester 2

  • Corporate Financial Theory
  • Statistical Techniques
  • Option (Year 2)
  • Elective (Year 1 or 2)

Year 3

Semester 1

  • International Bond & Currency Markets
  • Mergers & Acquisitions
  • Option (Year 3)
  • Elective (Year 1, 2 or 3)

Semester 2

  • Financial Derivatives
  • Managing Corporate Value
  • Research Methods
  • Elective (Years 1, 2 or 3)

Year 4

Semester 1

  • Agency Theory and Corporate Governance
  • Risk Management and Derivatives
  • Option (Year 4 Accountancy, Finance or Economics)

Semester 2

  • Contemporary Issues in Finance
  • Equity Markets & Funds Management
  • Option (Year 4 Accountancy, Finance or Economics)

Across both semesters

  • Finance Dissertation

Employability

Work and study

This is what our MA (Hons) Finance students are doing six months after graduating:

  • 55% are working
  • 10% are studying
  • 25% are working and studying.

Managerial/professional position

  • 85% of those working are in a professional/managerial position six months after graduating.

Salary

  • The average salary of students six months after graduating: £25000
  • The average UK salary of students six months after graduating from a similar course: £22000

Jobs

These are the most common jobs students go into six months after graduating:

  • Business and public service associate professionals
  • Business, research and administrative professionals

Entry requirements

Year 1

Standard entry requirements
  • Highers AAAB (over two sittings)
  • A-Levels BBB
  • Int. Baccalaureate 29 points
  • BTEC DDM (Business/Accountancy/Finance preferred)
  • HNC B in graded unit

Minimum entry requirements*

  • Highers BBBC
  • A-Levels BCC

* Minimum: under our Fair Access Policy, we will relax our standard entry requirements for some Scottish students depending on their circumstances. Our minimum requirements will apply if you:

  • live in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20), or
  • are care experienced.

We can also make exceptions for some Scottish students with grades above minimum but below standard. Read more about our Minimum and standard entry requirements

Year 2

Advanced Highers BB (including at least one: Accountancy, Business, Economics, Maths plus AAAB at Higher)
A-Levels ABB (including at least one of: Accountancy, Business, Economics, Maths)
Int. Baccalaureate 34 points (including at least one of: Accountancy, Business, Economics, Maths at Higher Level 5)
HNC A in graded unit (Accounting)
HND BB in graded units (Accounting or Business)

Year 3

  • HND AA in graded units (Accounting)

Additional information

English language requirements

If English is not your first language, you will have to show us that your English is good enough to succeed on your course. Please refer to our English language requirements.

Fees

Tuition fees for 2020 entry (by residency status)
Status* Scotland / EU** England / Northern Ireland / Wales*** International
Fee Paid by SAAS £9,250 £15,080

* Your residency 'status' is usually defined as the country where you have been ordinarily resident for the three years before the start of your course. Find out more about tuition fees.

** European Union countries (not including England, Northern Ireland or Wales).

*** 'Rest of the UK' (RUK) students entering at Level 1 receive a fee waiver of one year's tuition fee. Normally this will be the final year, or a year during which students study abroad (either at a partnership institution, or at one of Heriot-Watt's overseas campuses).

Additional costs

You may incur additional costs in the course of your studies at Heriot-Watt over and above tuition fees in an academic year. Depending on your programme of study, these may include: protective equipment, field trips, professional memberships, studio fees, required course texts or other study resources.

Scholarships and bursaries

Featured scholarships

Bursaries for students from England, Northern Ireland or Wales starting undergraduate degree courses in 2020

In addition to government loans and grants towards the costs of fees and living costs, we are offering generous financial support to attract and support eligible students from England, Northern Ireland or Wales:

View our full range of undergraduate scholarships.