Finance and Investment Management (includes level 1 CFA examination) MScEcon

Finance and Investment Management (includes level 1 CFA examination), MScEcon


Finance and Investment Management is a major growth area. Finance graduates are in high demand worldwide and careers with a top finance qualification are diverse and often lucrative.

The combination of academic challenge and professional focus makes the prospect of studying our MSc Finance and Investment Management highly appealing for those that wish to advance their future career and earning potential.


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Key Facts

1 Year
Study Mode
Full Time
Start Month
Learning Mode
On Campus Learning

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This well-established MSc is founded on years of financial and investment expertise within the department, and on some powerful global connections with the financial sector. We focus not only on academic success but on helping students to build the broad range of specialist skills and experience that contribute to employability.

The programme runs in parallel with the globally-recognised qualification CFA Level 1, so you have the opportunity to take this leading professional qualification as part of the MSc with 6 weeks dedicated study to maximise your chances of successful completion. CFA Level 1 will open up the investment management world in more depth and set a base for what you need to know at the beginning of your career as an investment professional. You will add allure to your CV with this upgrade, plus have fewer exams to take whilst working.

We are home to the UK's first university trading room that streams up-to-the-minute data from Reuters, to enable would-be traders and fund managers to 'practice' investing. It's a hands-on opportunity for you to react instantly to live news feeds and gain the skills required to work productively in the financial services industry, picking up the practical skills required for life at the Stock Exchange before you graduate.

You don’t need a background in finance or business-related-subjects, but being numerate will be advantageous. This programme will provide a thorough grounding in thereotical and practical aspects of finance, economies and investment for both early career finance professionals and those aspiring to enter a finance profession.

With a highly practical approach to learning, topics cover a wide range of finance discipline areas, such as

  • Corporate finance
  • Economics
  • Portfolio management
  • Accounting and financial reporting

What You'll Study

The information below applies to the 1 year full time on campus learning MScEcon programme which runs in September.

Semester 1

Compulsory Courses

Quantitative Methods (BU5025)

This course develops a mathematical and statistical ‘toolbox’ for PGT students in the Business School. These tools will useful in understanding and implementing research in business- and economics-related fields both during a student’s academic career as well as after graduation. The first part of the course covers basic mathematical models common across these fields. The second part of the course develops standard data analysis methods, including multivariate regression. The final part of the course examines shortcomings in the standard model and describes ways of overcoming those shortcomings.

Issues in Corporate Finance (BU5034)

This course introduces students to basic financial concepts before moving on to introduce students to a number of areas of corporate finance including investment appraisal decisions, examining capital structure theory, the financing decisions of the firm, and corporate restructuring. The main aim of the course is to equip students with good analytical skills in order to understand the implications of corporate financing decisions by understanding why companies behave the way they do with respect to financing choices and how this interacts with the real world financial markets, and to enable students to understand the theoretical underpinnings of corporate finance theory.

Accounting (BU5031)

Students will gain an understanding of what financial information is for and how it is controlled by government, the stock exchanges and other institutions. Students will explore financial accounting assumptions and conventions. They will develop their technical knowledge and skills to enable them to record business transactions and prepare financial statements. Finally, students will be introduced to financial statement analysis and the calculation of key metrics. This will allow them to explore how accounting information is used by stock market participants and the impact on users of current developments and issues in accounting practice, governance and standards.

Economic Analysis (BU5033)

The course will cover the main elements of Microeconomic Theory together with how this underpins the macro economy, covering consumer theory, how consumers choose under constraint of a budget, to generate demands. How this theory can be used to consider the welfare effects of price changes will be considered. The problem of production will be examined to understand the supply, and the demand and supply side will be drawn together to consider market structure. How the theory can be used to identify market supplies and demands from empirical data will be examined.

Semester 2

Compulsory Courses

Portfolio Analysis (BU5526)

This course examines theories and issues relevant to portfolio analysis. 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.

Empirical Methods in Financial Research (BU5565)

This course aims to provide students with the quantitative skills to undertake extended investigation of financial data and assist in financial decision making. It introduces various standard time series techniques such as univariate and multivariate time series modelling, unit root tests, and volatility modelling. Particularly emphasis is on intuitive discussions of the methods, and practical examples and applications are also included.

Financial Analysis and Markets (BU5575)

Like football, this course is a game of two halves. The first half is financial analysis and builds your ability to analyse companies and think about the implications of financial performance for investors. We will be using Datastream and the ThomsonReuters Eikon system. In the second half we will think about how stockmarkets work and how they are regulated.

Professional Finance (BU5849)

Becoming a Certified Financial Analyst charter holder is the aspiration of every finance industry professional. This course covers the CFA syllabus courtesy of our friends from FitchLearning who will teach you week by week and prepare you for the CFA level 1 exam. You will also write an essay reflecting on professional and academic approaches to finance

Semester 3

Compulsory Courses

Dissertation for Finance Programmes (BU5903)

The capstone of your programme. A significant individual piece of work showing your ability to think, research, organise and analyse. You will work with a member of faculty to develop a proposal that you will then turn into 10,000 words of reality!

We will endeavour to make all course options available; however, these may be subject to timetabling and other constraints. Please see our InfoHub pages for further information.

How You'll Study

Learning Methods

  • Research
  • Individual Projects
  • Group Projects
  • Seminars
  • Tutorials


The programme assesses the competency and skills that you will need in the financial world in a number of ways. You will give individual and group presentations, prepare reports, sit traditional exams, write academic essays and complete the Dissertation over the summer period.

Why Study Finance and Investment Management (includes level 1 CFA examination)?

We partner with professional finance practitioners from the city to coach you and supply you with a state-of-the-art tablet, pre-loaded with the software and materials for your studies.

You will acquire the competitive advantage that’s needed to grow and develop a career in finance within the current business environment through developing sought-after intellectual and practical skills.

  • Excellence with relevance.
  • A full 'conversion' programme that may be completed in a single year.
  • Does not require accounting, finance or any quantitative study to be completed at undergraduate level.
  • Expand knowledge of the industry.
  • Strong emphasis on the practical application of theory.
  • Develop awareness of professional best practice and the principles underlying current thinking in finance.
  • Earn top credentials to accelerate your career before graduation with CFA Level 1 and be taught by experienced professionals who are active in consultancy in the city.
  • Use of advanced tools and quantitative techniques to appraise financial opportunities.
  • Experience world leading facilities - access to our in-house stock exchange provides opportunities to work with a real trading platform and supports in-depth understanding of finance in practice.
  • Develop analytical capabilities.
  • Develop a well-rounded skillset – gain the tools to succeed in your job search, as well as the communication and professional skills that finance recruiters are looking for.
  • Access top-tier global recruiters. Students benefit from employer-led skills sessions from big name global finance brands - Deloitte, KMPG, PwC and Ernst & Young - to explore how to stand out at an interview or assessment centre.
  • Acquire and develop research skills and techniques relevant to higher academic qualifications in finance.

Fees and Funding

You will be classified as one of the fee categories below.

Fees and Funding Table for HOME, EU, RUK and International Students
Nationality Status Amount
Home / EU / RUK Students Tuition fee for main award £13,600
International Students Tuition fee for main award £19,800
  • In exceptional circumstances there may be additional fees associated with specialist courses, for example field trip courses. Any additional fees for a course can be found in our Catalogue of Courses.
  • For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our InfoHub Tuition Fees page.


View all funding options in our Funding Database.

Your Insight Leads to Investment Opportunity

We have professional trading platforms in house so that you can grow your knowledge and professional and academic qualifications in the investment world.

Entry Requirements


This programme is open to graduates from any discipline, and does not require business or management study to be completed at undergraduate level.

Our minimum entry requirement for this programme is a degree at 2:2 (lower second class) UK Honours level (or a degree from a non-UK institution which is judged by the University to be of equivalent worth).

Language Requirements

All students entering the University must provide evidence that they can use English well enough to study effectively at the University of Aberdeen.

Details of our English language entry requirements can be found on our English Language Requirements webpages. This programme requires that you meet the Business School Postgraduate Standard level of English proficiency.

If you have not achieved the required scores, the University of Aberdeen offers pre-sessional English courses. Further details are available on our Language Centre website.

  • Nationals of some English-speaking countries or those who hold degrees from some English-speaking countries may be exempt from this requirement. Details of countries recognised as English-speaking can be found on our English Language Requirements webpages.

Document Requirements

  • Degree Transcripta full transcript showing all the subjects you studied and the marks you have achieved in your degree(s) (original & official English translation)
  • Personal Statementa detailed personal statement explaining your motivation for this particular programme

World Class Facilities

  • 24 hour access to our online Learning Support provided via our Virtual Learning environment MyAberdeen.
  • Membership of the University Library, learning materials including access to core text books.
  • Access to international networking and continuing professional development.
  • Join our business societies such as the Entrepreneurial Society.
  • Access to the Internet.
  • Access to all campus facilities.
  • Thomson-Reuters Eikon Trading Room

    Thomson-Reuters Eikon Trading Room

    You will have access to the UK's first university trading room. This world class facility is home to the University's Thomson-Reuters Eikon​ technology, which will support your understanding of finance in practice.

  • Sir Duncan Rice Library

    Sir Duncan Rice Library

    The University’s award winning Sir Duncan Rice Library is listed in the “Top 20 spellbinding University libraries in the World”. It contains over a million volumes, more than 300,000 e-books and 21,000 journals.

    Find out more


A qualification that's gaining momentum, aspiring financiers and junior bankers are taking Masters in Finance qualifications and CFA exams in increasing numbers. Hiring trends in investment banks are shifting, with sales and trading desks looking for a more technical skill set with a higher level of quantitative skills. Finance graduates are highly sought-after, with employer demand showing little sign of slowing down.

Graduates of this programme typically aim for positions in the global corporate and financial sector as business analysts, asset managers, traders, brokers, hedge fund / investment advisors, consultants, credit controllers, treasurers, bankers, market specialisst or accountants.

Whatever direction you choose, you will no doubt go further.

Industry Links

Our Experts

Mr Mark Whittington is Head of the Business School and the Programme Director of both MSc Finance and Investment Management and MSc Finance and Real Estate. He is involved in teaching financial analysis and financial strategy. His research interests lie in governance, financial analysis and mergers and acquisitions. Mark has been actively involved in teaching and consulting with many international businesses.

Programme Coordinator
Mr Mark Whittington

You will be taught by a range of experts including professors, lecturers, teaching fellows and postgraduate tutors. Staff changes will occur from time to time; please see our InfoHub pages for further information.

What our Alumni Say

  • Tobias Bulla, at

    Tobias Bulla

    Aberdeen University is making me more marketable – this is something I can put on my CV to say, ‘I can already work on a Thomson-Reuters terminal, I’m already used to working with all these tools and data.
  • Cherry Aguh, at

    Cherry Aguh

    Studying at Aberdeen was a stepping stone to great achievements for me as it gave me a competitive edge and prepared me for leadership and managerial roles. I really had a life-changing experience at Aberdeen.


Business School
University of Aberdeen
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+44 (0)1224 273235
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