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    Key information

    Location
    Edinburgh
    Mode of delivery
    On-campus
    Delivery type
    Full-time, Part-time
    Start date
    September, January
    Duration
    1 year
    Qualification
    MSc

    Contact

    Contact our enquiries team

    Contact us

    Overview

    MSc Finance and Management at Heriot-Watt University gives you the platform to develop highly employable, specialist expertise across the modern practices of financial management and business management.

    MSc Finance and Management at Heriot-Watt University gives you the platform to develop highly employable, specialist expertise across the modern practices of financial management and business management.

    This highly respected masters degree programme has been developed in response to industry demands for dynamic graduates who can combine expertise in financial management with the ability to implement effective business management strategies across organisations of any size.

    Taught with a genuine industry focus by professionals and leading researchers from the fields of financial management and business management, this programme will open up many new career opportunities.

    Whether you come from a relevant honours degree or an industry position in finance or business this programme will meet your ambition and equip you with a wealth of globally attractive and highly employable qualities.

    This programme will improve your confidence, communication, creativity and fine-tune your team work and organisational skills. Group work and classroom discussion will give you insights into the working practices and perspectives of many different cultures and prepare you for a global career where you will work with colleagues from all over the world.

    MSc Finance and Management includes a bespoke range of courses which will equip you with highly employable expertise across crucial areas of financial management and business management.

    Gaining up-to-date expertise across these areas will put you in the position to succeed in roles such as financial analyst, investment banker, financial consultant and corporate finance specialist in highly lucrative areas such as asset management, corporate finance and banking.

    The blend of skills and qualities developed through MSc Finance and Management can also be applied to managerial positions in small businesses where proper control of corporate finances is essential or to larger businesses and public sector organisations where financial management can play a critical role in defining organisational success.

    Cutting-edge research and an ethical approach

    Heriot-Watt University is one of the UK's leading research-led universities with a mission to lead in both ideas and solutions. Our department of finance puts this unique approach to academia into practice through the Heriot-Watt University Centre for Finance and Investment (CFI).

    The CFI brings together globally recognised researchers from Heriot-Watt with senior practitioners from the financial industry to stimulate debate and collaboration in research and teaching.

    This year, postgraduate students had the chance to attend the CFI Research Seminar Series and an Ethical Finance Debate organised in partnership between the CFI and the University's Ethical Finance Hub.

    This debate posed the question, 'Is ethical finance the pursuit of shareholder value?' and invited key practitioners from within the industry to share their points of view and offer world-class insights:

    • Prof Robin Angus, Executive Director Personal Assets Trust and Honorary Prof. at Heriot-Watt 
    • Bill Dinning, Non-Executive Director, Medical Defence Union
    • Professor Iqbal Asaria CBE, Islamic finance consultant and academic
    • Tomas Carruthers, Chief Executive Officer, Social Stock Exchange

    Learning from industry: London Stock Exchange

    At Heriot-Watt University we aim to ensure that all teaching is applicable to the real world and on MSc Finance and Management you will learn cutting-edge theory from experienced academics and see how this is put into practice through industry experiences and insights.

    We enjoy a close relationship with the educational departments of the London Stock Exchange and this has led to exciting opportunities for students to visit the London Stock Exchange and learn from 'Inside the Markets'.

    This year's 'Inside the Markets' trip gave our students of MSc Finance programmes the chance to tour the London Stock Exchange and discuss with professional traders how their theoretical knowledge can be put into practice in the real world.

    June Nabira, studying Heriot-Watt's Capital Markets course, reflecting on the London Stock Exchange trip,

    It expanded my knowledge in capital markets and how they run. I had already completed a course in capital markets at Heriot-Watt which gave me a foundation in the topic and the trader was really insightful and was speaking from experience

    June Nabira, studying Heriot-Watt's Capital Markets course

    Heriot-Watt University also hopes to become one of only two universities in the United Kingdom to offer students a state-of-the-art stock trading simulator which will help finance students gain true-to-life first-hand experience in preparation for future careers as stock traders.

    Read more about the trip here: Heriot-Watt London Stock Exchange Trip

    Guest speakers and links to industry

    Our Edinburgh campus provides MSc Finance and Management with unparalleled links to Scotland's Financial Industry.

    The City of Edinburgh is a powerhouse of the Scottish economy and the second largest financial hub in the United Kingdom. It is home to a number of international financial firms including Standard Life, RBS Groups and the Bank of Scotland and boasts a financial district with multinational corporations such as JP Morgan, Franklin Templeton, State Street and HSBC.

    Our graduates are held in high-regard throughout Edinburgh's financial industry and can be found in advanced positions within these organisations. These links could give you invaluable networking opportunities during this programme of study and you may well benefit from the excellent reputation of our alumni as you look to begin your career after graduation.

    Throughout the most recent year of this programme, students on Finance and Management had the opportunity to hear talks covering areas such as competitive strategy and emerging economics in the global market place from a number of industry experts including:

    Ivan Rossignol, Chief Technical Specialist, Trade & Competitiveness, of the World Bank spoke about the challenges facing multilateral financial institutions given the integration of most economies into the global financial system

    • Bryan Buchan, CEO of Scottish Engineering and former managing director at the Bausch & Lomb plant, spoke about competitive strategy
    • Alastair Atkinson, CEO of Dysis Medical and honorary professor at Heriot-Watt University
    • Dr Andrew MacLennan, Managing Director of Strategy Execution Ltd, a leading strategy implementation consultancy in Scotland.
    • Ken Shaw, Head of Employability & Talent Development, City Strategy and Economy, City of Edinburgh Council

    Programme duration

    • MSc: 12 months (full time), 24 months (part-time)
    • PG Diploma: 9 months (full time), 21 months (part-time)

    September 2024 entry

    The deadline for applications from UK students is 30 August 2024. For EU and overseas applicants, we guarantee to consider applications submitted by 2 August 2024.

    Course content

    Year 1

    Semester 1

    Mandatory
    • Competitive Strategy
    • Corporate Governance and Sustainability
    • Financial Analysis
    Optional courses
    • Corporate Finance
    • Capital Markets
    • Management Consultancy

    Semester 2

    Mandatory
    • Research Philosophy and Practice
    • Project Management
    • Emerging Financial Markets
    Optional courses
    • Empirical Financial Modelling
    • Advanced Valuation of Financial Markets
    • Sustainable Marketing
    • Network Analysis for Business

    Semester 3

    Between May and August students undertake their MSc dissertation.

    Go Global

    Some of our Postgraduate Taught Masters Programmes are eligible for Inter-Campus Transfer. Please contact studywithus@hw.ac.uk for further information.

    Meet the Team

    Dr
    Edward Jones

    Eddie is an Associate Professor of Finance at Heriot-Watt University and Course Leader for Corporate Governance on MSc Finance and Management. He is Director of the Centre for Finance and Investment at Heriot-Watt University and his research interests extend from corporate investment decisions, mergers and acquisitions to agency costs associated with M&A, capital structure and executive compensation.

    Dr
    Bing Xu

    Bing is an Associate Professor in Finance at the Heriot-Watt University and Course Leader for Research Methods. Bing's research concerns banking and finance, energy and commodity markets and decision making analysis. She has also worked on a number of funded research projects and collaborated with a range of industrial and government partners.

    Dr
    John Sanders

    John Sanders is an associate professor in management at Heriot-Watt University and is course leader for Competitive Strategy on MSc Finance and Management. Strategic fit within a University setting was the subject of John's PhD and his past research efforts have focused on internet portals, website quality, social networks and the market reach of rural small firms in Scotland.

    Fees and funding

    Tuition fees

    Tuition fees
    Status [footnote 1] Full-time Part-time
    UK 10736 5368
    Overseas [footnote 2] 23248 11624

    Footnotes

    1. 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.
    2. Overseas includes applications from European Union countries who do not hold Pre-Settled or Settled status in the UK. Read more about the application process for EU nationals.

    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.

    View our full range of postgraduate scholarships.

    Entry requirements

    Entry

    A good Honours degree (first or second class), or its non-UK equivalent, in a relevant subject from a recognised British or overseas university.

    Work or project experience in the area of finance or management will be of further advantage.

    English language requirements

    If your first language is not English, or your first degree was not taught in English, we'll need to see evidence of your English language ability.

    The minimum English language requirement for entry to this programme is IELTS 6.5 (or equivalent) with no component lower than 6.0.

    If you do not have IELTS 6.5, we offer a range of English language courses to help you meet the English language requirement for this programme prior to commencing your studies:

    • 20 weeks English (for IELTS of 5.0 with no skill lower than 4.5)
    • 14 weeks English (for IELTS of 5.0 with minimum of 5.0 in writing and no skill lower than 4.5)
    • 10 weeks English (for IELTS of 5.5 with no skill lower than 5.0)
    • 6 weeks English (for IELTS 5.5 with no skill lower than 5.5)

    Why Heriot-Watt?

    Employability and careers

    Heriot-Watt produces more CEOs than any other university in Scotland, and 95% of graduates are in employment or further study within 6 months of graduation.

    Clubs and activities

    At Heriot-Watt we have an extensive programme of over 90 sports clubs and societies to get involved in. You can try as many as you like or start one of your own!

    Edinburgh campus accommodation

    Living on our beautiful Edinburgh campus is a great way to meet others from all over the world. Our student accommodation is within easy reach of the teaching buildings, sports facilities, catering venues and the Student Union

    Edinburgh Campus facilities

    At Heriot-Watt University, we offer a wide range of services to help you deal with all aspects of your life with us, whether these be academic, personal, technical, financial or just plain fun!

    Health and wellbeing

    Student Wellbeing Services aim to provide a range of support, guidance, activities and advice to help students to be their best, and get the most from their university experience. From counselling to coaching we'll sure you are fully supported.

    Heriot-Watt Student Union

    There's more to university life than simply getting your degree, and Heriot-Watt University Student Union is all about helping you to have the best possible experience while you study here.

    Living in Edinburgh

    Historic and beautiful, a cultural capital that fuels the senses whether you love the arts or nature, nightlife or study life, Edinburgh is stimulating and inspirational and never, ever boring.

    Sport facilities

    Oriam, Scotland Sports Performance Centre offers state-of-the-art sports facilities, for all levels of sport and ability

    Your career

    Employers around the world actively seek out our graduates because they are work-ready. All our degrees are career-focused and relevant to the needs of industry. Around 95% of our students are in employment or further study within six months of graduating.

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