Course summary
Throughout this master's programme, you’ll gain relevant skills and knowledge, making you highly sought-after upon graduation, and giving you access to employment and further education and research opportunities. During this degree, you’ll develop a systematic understanding and knowledge in the area of finance. You’ll acquire a critical awareness of current issues in both the academic discipline and professional practice. You’ll learn to understand and evaluate a comprehensive range of research techniques used in the area of finance, and how these are put into practice, in order to create and interpret knowledge. Throughout the programme, you’ll develop critical thinking and analyses, as you evaluate relevant academic research, professional research and pronouncements and financial media articles. You’ll learn the core theories and concepts in finance; understand and use a range of analytical techniques, including the analysis of a company’s financial statements or the application of models to value financial assets; evaluate methods of empirical research and findings; and develop practical knowledge of financial markets and institutions, and financial decisions within companies. On top of the core lessons. you’ll have the opportunity to choose an optional course to customise your learning and develop your specific subject interests. Your Finance dissertation will allow you to build upon your subject interest, by carrying out an original research project at the forefront of knowledge. The programme is designed to provide the knowledge base and the analytical and research skills necessary for employment or doctoral study in finance. You’ll also develop key transferable skills, including teamwork, communication and presentation skills to prepare you for lifelong learning and personal development in the financial services sector. As Edinburgh Business School at Heriot-Watt University is situated on the edge of Edinburgh, you’ll have excellent links to the financial sector of Scotland’s capital city, and the UK’s second-biggest financial and economic hub. Edinburgh is a major centre for fund management and is home to two of the world’s largest banks. You’ll also benefit from our close ties to the London Stock Exchange and Bloomberg, which can provide you with excellent industry-focused learning opportunities. Your learning environment The MSc Finance programme is taught through a combination of lectures and tutorials, allowing you to get to know and build relationships with the teaching staff and academics. You will be assessed by coursework, exams, and your dissertation, and will receive support and feedback throughout the programme. During your studies, you’ll benefit from and have access to our state-of-the-art facilities, including our professional-standard Bloomberg Trading Room with 12 Bloomberg Terminals to enhance your employability with data skills. These Terminals are equipped with industry-standard software that provides live financial data and trading tools to the world’s leading banks and corporations. Customise your learning You’ll learn seven core courses and can focus on the area of finance that interests you the most by choosing an optional course from: Emerging Financial Markets; Coding for Social Science Applications in Python; and Advanced Valuation of Financial Markets. This gives you the opportunity to customise your degree to match your specific interests or career pathway by selecting a specialist course option. In semester three, you’ll explore in-depth your chosen area of Finance through your dissertation. You will be required to demonstrate your mastery of the subject area by developing new insight from the analysis of valuable primary research. Accreditation Heriot-Watt University is accredited as a Bloomberg Experiential Learning Partner, recognising us as a leader in experiential learning in the area of finance.
Modules
September Intake Year 1 Mandatory September -Corporate Finance -Corporate Governance and Sustainability -Capital Markets -Financial Analysis Mandatory January -Research Philosophy and Practice -Derivatives -Empirical Financial Modelling Optional January -Emerging Financial Markets -Current Topics in Investment Management -Advanced Valuation of Financial Markets Mandatory May -Accounting, Banking or Finance Dissertation January Intake Year 1 Mandatory January -Empirical Financial Modelling -Derivatives -Capital Markets Optional January -Current Topics in Investment Management -Emerging Financial Markets -Advanced Valuation of Financial Markets Mandatory September -Research Philosophy and Practice -Corporate Finance -Financial Analysis -Corporate Governance and Sustainability Mandatory Second January -Accounting, Banking or Finance Dissertation
Assessment method
You will be assessed by coursework, exams, and your research project, and will receive support and feedback throughout the programme.
How to apply
International applicants
If your first language is not English, we'll need to see evidence of your English language ability. The minimum English language requirement for entry to this programme is IELTS 6.0 (or equivalent) with no score lower than 5.5 except for writing which must be at 6.0 minimum.
Entry requirements
A minimum of honours degree at 2:2 or non-UK equivalent in a relevant subject such as Economics, Accountancy, Finance, Business Management, or an unrelated degree demonstrating numerical ability. We welcome applications from international students and accept qualifications from around the world. Please refer to the entry requirements for your country for more details. English language requirements If your first language is not English, we'll need to see evidence of your English language ability. The minimum English language requirement for entry to this programme is IELTS 6.0 (or equivalent) with no score lower than 5.5 except for writing which must be at 6.0 minimum. If you do not have IELTS 6.0, we offer a range of English language courses to help you meet the English language requirement for this programme prior to commencing your studies.
English language requirements
Applicants whose native language is not English and who have not been educated previously in the English language must provide evidence of their English language ability to ensure they can cope with the demands of a Heriot-Watt programme taught and assessed in English. Further information about the English Language tests that we currently accept as proof of English Language ability including our own English Language programmes, can be viewed on our website.
HWU English Language Requirements
https://www.hw.ac.uk/study/entry/english-language-requirements.htm
Fees and funding
Tuition fees
England | £10528 | Whole course |
Northern Ireland | £10528 | Whole course |
Scotland | £10528 | Whole course |
Wales | £10528 | Whole course |
International | £21192 | Whole course |
Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website .
Additional fee information
Sponsorship information
Postgraduate scholarships and bursaries We aim to encourage well-qualified, ambitious students to study with us and we offer a wide variety of scholarships and bursaries to achieve this. Over £6 million worth of opportunities are available in fee and stipend scholarships, and more than 400 students benefit from this support.
Provider information
Heriot-Watt University
Riccarton
Edinburgh
EH14 4AS