The MSc Finance from the University of Aberdeen is the only fully online Master’s in Finance programme offered by one of the UK’s six ancient universities.
Gain all the skills for a successful career in finance, as you develop an understanding of financial processes and techniques – before going on to explore fast-developing specialisms such as Fintech, Big Data and International Finance.
The programme also gives you the unique option to earn credits towards your Master’s degree by studying for the CFA® credential, giving you an added advantage in a competitive job market.
Next Start Date: 29th July
Future start dates: October
Ready to get started?
You can speak with an Admissions Advisor, or apply now to start on the path to gaining your MSc.
What You'll Learn
Master Core Disciplines
As an MSc Finance student, you’ll gain a deeper knowledge of core financial theory, developing key skills in a number of areas including: corporate finance, portfolio analysis, asset valuation, derivatives and risk management.
Corporate Finance, Asset Pricing and Portfolio Management, Derivatives and Risk Management
Earn Credits for CFA Study
If you choose, you can earn credits towards your MSc Finance by studying for the Chartered Financial Analyst (CFA) credential – the credits that you gain from these optional courses will contribute towards your Master’s degree whether you choose to sit the CFA exams or not.
If you do choose the courses which include CFA study, you’ll benefit from training and exam preparation from leading CFA prep provider FitchLearning.
Professional Finance A, Professional Finance B (both optional)
Perform In-depth Analysis
As an MSc Finance student, you’ll learn how to assess a company’s performance for investors and stakeholders, using Excel and other econometric software to carry out detailed financial analyses.
You’ll also learn how to use the key valuation approaches in finance, while gaining an understanding of their assumptions and limitations.
Financial Analysis, Fixed Income Analysis
Explore Industry Innovations
Explore recent and future areas of development in the financial industry, in areas such as Fintech, Big Data, Regulation and International Banking.
You’ll develop an understanding of the modern banking industry and the latest evolutions in financial technology – and you’ll also have the option to explore international finance and recent changes in financial and banking regulation.
Fintech and Big Data, International Finance (optional), International Banking, Financial and Banking Regulation (optional)
Practice Ethical and Responsible Finance
See how your decisions impact global financial markets as you become familar with financial codes of conduct and corporate citizenship.
You’ll gain an appreciation of the implications of corporate financing decisions, and learn how microeconomic theory can be used to consider the welfare effects of price changes – you’ll also have the option to explore recent changes in regulation, and the effects of the 2008 financial crisis.
Corporate Finance, Economics for Finance, Fintech and Big Data, Financial and Banking Regulation (optional)
Understand Financial Markets
Develop an in-depth understanding of how financial markets function, exploring international issues and the causes of financial crises.
You’ll learn how economic theory can be used to identify market supply and demand from empirical data, and will also have the option to explore the risks that arise in international markets.
Accounting for Finance, Corporate Finance, Economics for Finance, International Finance (optional)
Founded in 1495, the University of Aberdeen is part of a group of only six ancient British universities – the Business School works to continue this proud history, using our research and knowledge to advance learning in many industries.
*Research figures come from our assessment in the most recent Research Excellence Framework.
Why Choose Us?
We believe that our level of online support and tuition is second-to-none, but we don’t want you to just take our word for it.
We encourage you to compare us with alternative providers and ask them the following questions to see how they stack up against our MSc Finance.
Interacting with my tutors has been positive - they always challenge me to understand topics in a broader context. My experience with technical support and my programme coordinator has also been positive and helpful.
MSc Finance, Trinidad and Tobago
The University of Aberdeen not only offers me the flexibility I needed, it also has an excellent reputation. The support I get is outstanding.
Real Estate Manager, Switzerland
I chose Aberdeen because the university has a good name and I can study from wherever I want, whenever works best for me. It gives me the flexibility to receive a great education while moving around.
Professional Sportsperson, Austria
What is the CFA?
If you choose, you can gain credits towards your Master’s by studying for the Chartered Financial Analyst® (CFA) credential: a professional standard for over 31,000 investment firms worldwide.
If you choose the courses which include CFA study, you’ll benefit from training and exam preparation from CFA prep provider FitchLearning.
How Online Study Works
As an online student with the University of Aberdeen you’ll benefit from our custom-built study platform, designed for ease of use and communication.
View the video for a quick overview of the online MSc Finance programme.
To learn more about the study site and how online study works, click here.
Across the two-year programme, you’ll progress through three blocks covering core finance disciplines.
You can personalise your online master’s in finance degree to suit your own career aspirations, with optional courses in 2 out of 3 blocks.
- Block 1
Fundamental ConceptsIn this first course you'll explore financial accounting assumptions and conventions, and develop your technical knowledge - enabling you to appreciate the recording of business transactions and preparing financial statements.
You’ll also gain an understanding of the purpose of financial information and the influence of governments, stock exchanges and other institutions on accounts.In this course you'll learn about capital budgeting and capital structure - giving you an appreciation of the implications of corporate financing decisions.
You'll learn why companies make financing choices and how they interact with global financial markets.This course will provide you with an understanding of the main economic theories that are relevant to finance - giving you a foundation to go on and explore more specialised topics.
You'll develop a basic set of tools for finance, learning to apply basic economic models while gaining an insight into behavioural finance - and why people make certain financial decisions.This course develops a quantitative and statistical ‘toolbox’ for the programme. These tools are applied to contemporary finance related topics, combining technique and interpretation of outcomes. The course blends quantitative techniques with central concepts in finance, covering: financial calculation and financial data management; probability concepts; hypothesis testing; correlation and regression analysis.
- Block 2
Advanced TopicsThe course combines practical and profession-driven analytical and valuation techniques. This course will focus on fundamental analysis and how this fits with efficient markets, building on your ability to analyse companies and to exert sound judgment. You will learn to use the key valuation approaches in finance, while also understanding their assumptions and limitations.This course equips you with the ability and skills to price standard assets and to manage investment portfolios. We blend modern portfolio theory with practical skills to ensure you have access to the latest developments in portfolio management. Themes include: risk and return; investment motives; the application of modern portfolio theory (including the Capital Asset Pricing Model); information and market efficiency; portfolio analysis and asset pricing; bonds and equities; real estate and derivative markets.In this course you will acquire a sound understanding of derivative contracts: forwards, futures, options, and swaps, written on a variety of underlying instruments. You will also build up a good knowledge of interest rate and credit derivatives. Using both a theoretical and practical approach, the course will equip you with rigorous skills in analysing and valuing derivatives and using them in risk management.If you choose to study towards the CFA qualification, you will benefit from training and exam preparation within Fitch Learning’s online learning platform, which you will access directly through the Professional Finance course. As part of your course assessment, you will be required to write an essay, reflecting on professional and academic approaches to finance, and complete a CFA mock exam.This course considers methods for making international financial decisions using theoretical approaches, data, industry examples and practical case studies.
A central theme is the evaluation and management of the risks that arise in international markets. You’ll also explore the concept of globalisation, foreign exchange markets, foreign currency hedging and derivatives, exchange rate determination and the characteristics of multinational corporations.
- Block 3
Specialised TopicsUsing both a theoretical and practical approach, this course will develop your understanding of the modern banking industry.
Exploring the latest developments in the sector, you’ll gain vital knowledge of the actors and practices of the industry – covering banks’ financial statements; banks’ activities; the different types of banks; banks’ managements; banks’ assets and liabilities management.Technology is central to modern finance. This course will give you an understanding of the latest evolutions in financial technology, and the role Big Data is playing in finance.
You’ll gain a competitive edge by analysing the latest topics in the sector: blockchain technology; cryptocurrency; peer-to-peer lending; data analytics; data mining and data management; ethics in fintech and big data.This course gives you a deep understanding of fixed income securities, their key features, their risk profile and how to manage a fixed income portfolio. It also provides knowledge about methodologies that can be used to analyse this asset class. This will be instrumental in furthering your career in the modern financial world.This course provides you with the opportunity to study towards the CFA qualification (or to continue your CFA studies at the next level if you’ve previously completed any CFA levels).
You’ll benefit from training and exam preparation within Fitch Learning’s online learning platform, which you’ll access directly through the Professional Finance course. As part of your course assessment you will be required to write an essay, reflecting on professional and academic approaches to finance, and complete a CFA mock exam.Understanding the impact of regulations on the banking and financial industries is a highly valuable skill. This course will guide you through the latest evolutions in regulation.
You’ll cover a range of topics including: the rationale and extent of financial regulation; the effects of the 2007-2008 financial crisis; international regulation (including the US and European financial markets); rationale and extent of banking regulation; capital ratio in the banking industry and Basel III regulation.
Are You Eligible?
The Msc Finance is open to applicants of any background. You can enrol even if your undergraduate degree is in a different discipline, but it is beneficial to provide evidence of numerical or quantitative skills.
We assess all candidates on an individual basis, but to be eligible you’ll normally meet the following requirements:
*If we need evidence of your English language skills, we may ask you to take one of the recognised tests such as IELTS.
Start Dates & Schedules
Click below to see the schedules for each of the start dates in 2018/19:
Induction: 22/7/2019 → 26/7/2019
Block 1: 29/07/2019 → 06/04/2020
|29/07/2019||Accounting for Finance|
|25/11/2019||Economics for Finance|
|06/01/2020||Economics for Finance|
|10/02/2020||Quantitative Methods for Finance|
Block 2: 13/04/2020 → 04/11/2020
|10/04/2020||Professional Finance A or International Finance|
|17/08/2020||Asset Pricing and Portfolio Management|
|12/10/2020||Derivatives and Risk Management|
Block 3: 07/12/2020 → 06/08/2021
|15/02/2021||Fixed Income Analysis|
|12/04/2021||Professional Finance B or Financial and Banking Regulation|
|14/06/2021||Fintech and Big Data|
Induction: 7/10/2019 → 11/10/2019
Block 1: 14/10/2019 → 08/06/2020
|14/10/2019||Accounting for Finance|
|17/02/2020||Economics for Finance|
|13/04/2020||Quantitative Methods for Finance|
Block 2: 15/06/2020 → 12/02/2021
|10/08/2020||Asset Pricing and Portfolio Management|
|05/10/2020||Professional Finance A or International Finance|
|07/12/2020||Derivatives and Risk Management|
|04/01/2021||Derivatives and Risk Management|
Block 3: 15/02/2021 → 01/10/2021
|12/04/2021||Professional Finance B or Financial and Banking Regulation|
|14/06/2021||Fixed Income Analysis|
|09/08/2021||Fintech and Big Data|
Fees and Payment Options
The total tuition fee for the MSc Finance is £15,000 for July 2019 or £15,900 for October 2019.
You can choose to pay your tuition in two ways:
- 3 instalments of £5,000 (£5,300 for October)
- 1 instalment of £15,000 (£15,900 for October)
Depending on where you reside, you could be eligible for loan funding or other financial help. University of Aberdeen alumni are also entitled to a discount on tuition fees.
READY FOR THE NEXT STEP?
To get started, contact us or click ‘Start Your Application’ below to access the Admissions Portal.
There’s no obligation to enrol, and you can return to complete your application any time between now and the next start date.