International Finance MFin

Assorted international bank notes

This programme is designed to give you an understanding of the financing and investment issues facing organisations that operate internationally. You will also develop an understanding of the treasury function of multinational companies.

Key facts

Why this programme

  • You will learn how to analyse the functioning of principal capital markets and the features of the main products traded on these markets; and to identify and use appropriate statistical techniques to analyse financial data.
  • You will learn how to critically appraise models, theories and issues relevant to the finance function of international organisations, and apply information for financial decision-making.
  • The programme has been granted a measure of accreditation from the Diploma of the Chartered Insurance Institute.
  • Our staff have close connections to the accounting and finance profession. Many of our graduates have attained various positions in the financial sector, in industry and commerce, and in the public sector

Programme structure

You will take three core courses and three optional courses and undertake a substantial independent piece of work, normally in the form of a dissertation, on a finance-related theme.

Core courses

  • International capital markets
  • International corporate finance
  • Statistics for business research.

Optional courses

  • Behavioural finance
  • Financial analysis and equity valuation
  • Financial regulation and ethics
  • Financial risk management
  • Governing risk & uncertainty
  • International banking and financial markets
  • International financial management
  • Mergers and acquisitions
  • Responsible banking and development finance
  • Risk management and derivatives securities.

Background and aims

The Glasgow MFin is a long-established and consistently successful degree programme, and is one of the few “MFin” designated degrees in the United Kingdom. This is a general finance degree, which allows students a wide choice of courses to specialise in.  It is taught by leading experts in their field, and students leave to pursue a very wide variety of careers in finance.

By the end of the programme you will be able to identify and use appropriate statistical techniques, and explain and analyse the functioning of the principal capital markets and the features of the main products traded on these markets. You will be able to critically appraise models, theories and issues relevant to the finance function of international organisations, and apply information for financial decision-making.

The programme will prepare you for a career in finance or to pursue research studies in finance. As a graduate of this programme, you will be qualified to work in a variety of financial functions, and in business such as banks, insurance companies, financial service companies, as well as mainstream industries and commercial services firms.

What our students say

“I was on the MFin class for 2007/8 session and it was a refreshing and excellent experience…really fantastic”
(MFin student, 2007/8).

Mohd Farizal Haron graduated from the MFin in International Finance programme in 2009. He is now an Assistant Manager for Employees Provident Fund in Malaysia.

What are you doing now?
I’m currently working as an assistant manager at the Malaysia’s Employees Provident Fund.

How has your degree been useful and/or how do you think it will be useful (in relation to future plans)?
Firstly, it has helped me to secure a job even before I graduated. The degree is certainly going to be useful in climbing up corporate ladders, and as the degree was conferred by the renowned University of Glasgow, it sure will help me position myself as a hot candidate for my future career path.

Can you offer any advice for prospective Accounting & Finance postgraduate students?
Practicalities are the most important bit in studying. Theories provide fair and reasonable background of a problem/situation, but the ability to practice it plays the most vital role in ensuring one’s success.

Any advice for prospective students?
Study, have fun, go out, and enjoy what Glasgow has got to offer.


"This university is famous in the field of Finance. It is a unique chance as well as a great challenge for me to be able to continue my postgraduate study here. It will also be highly beneficial for my future career.
The lecturers in my programme are trying their best to give us a general overview of the various topics, but they also offer us the space to explore the concepts and ideas and to figure out the details by ourselves. My lecturers really allow me to experience different approaches to study and I really enjoy working under their guidance. The students are also nice and they are willing to share their opinion with you and respect your idea.
Glasgow is a big city with many stores and shopping malls. There are also many sightseeing spots. I particularly like walking around the city. People here are very nice and they like giving a hand whenever help is needed. I really feel happy and safe in Glasgow."
Xiaoyun Lao, China, 2010/11

"To further enhance my skill set, I think the course content of my programme is ideal. The coursework and course project are great learning experiences. I also like the mix of students from various nationalities and backgrounds. One of the things I enjoyed the most about my time in the Business School was the Cèilidh party organized to welcome the new students."
Utkarsh Kala, India, 2010/11


The Adam Smith Business School is one of an elite group of less than 1% of the world’s business schools that hold triple accreditation. The School is accredited by AACSB and EQUIS, with the MBA programme also accredited by AMBA. Triple accreditation is an internationally recognised benchmark that validates the credibility and performance of the Adam Smith Business School.

AACSB logo The AACSB Accreditation Process includes rigorous self-evaluation and peer-review elements. The Adam Smith Business School meets all of AACSB’s Accreditation Standards and was first awarded the accreditation in 2007.

Equis logoEQUIS accreditation is one of the most important benchmarks available to business schools worldwide. Institutions that are accredited by EQUIS must demonstrate not only excellence in teaching, the student experience, research and outreach, but also a high degree of internationalisation and interaction with the corporate world.

Entry requirements

for entry in 2017

2:1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) in any subject, with school level Mathematics or at least 1 credit-bearing module in University level Mathematics.

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.

English language requirements

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

International English Language Testing System (IELTS) Academic module (not General Training):

  • overall score 6.5
  • two sub-tests no less than 6.5, no sub-test less than 6.0
  • or equivalent scores in another recognised qualification:

Common equivalent English language qualifications

All stated English tests are acceptable for admission for both home/EU and international students for this programme:

  • ibTOEFL: 90; no sub-test less than:
    • Reading: 20
    • Listening: 19
    • Speaking: 19
    • Writing: 23
  • CAE (Cambridge Certificate of Advanced English): 176 overall; no sub-test less than 169
  • CPE (Cambridge Certificate of Proficiency in English): 176 overall; no sub-test less than 169
  • PTE Academic (Pearson Test of English, Academic test): 60; no sub-test less than 59
  • Trinity College London Integrated Skills in English: ISEII at Distinction with Distinction in all sub-tests

For international students, the Home Office has confirmed that the University can choose to use these tests to make its own assessment of English language ability for visa applications to degree level programmes. The University is also able to accept an IELTS test (Academic module) from any of the 1000 IELTS test centres from around the world and we do not require a specific UKVI IELTS test for degree level programmes. We therefore still accept any of the English tests listed for admission to this programme.

Pre-sessional courses

The University of Glasgow accepts evidence of the required language level from the English for Academic Study Unit Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:


What do I do if...

my language qualifications are below the requirements?

The University's English for Academic Study Unit offers a range of Pre-Sessional Courses to bring you up to entry level. The course is accredited by BALEAP, the UK professional association for academic English teaching; see Links.

my language qualifications are not listed here?

Please contact the Recruitment and International Office:


For further information about English language requirements, please contact the Recruitment and International Office:

Fees and funding

Tuition fees for 2017-18


Home and EU
Full time fee£10200
Full time fee£21000

Fees are subject to change and for guidance only


The University requires a deposit of £2000 to be paid by International (beyond the EU) applicants in receipt of an offer to this programme.

Deposits terms & conditions

The University requires a deposit to be paid by International (beyond the EU) applicants in receipt of an offer to this programmes and who require a Certificate of Acceptance for Studies (CAS) from the University in order that they can apply for a student visa. This is required where the programme is competitive and the deposit is required in order to demonstrate your commitment to attend the programme should you meet all the conditions of your offer.

If you are made an offer for this programme the University will write to you and request a deposit with information on how to pay your deposit and the deadline for making the deposit payment. Please note that if you are unable to pay a deposit because you are planning to fund your studies through an official financial sponsor then you should upload a copy of your scholarship application or award letter to your application by the deadline date.

The following guidelines will apply in determining whether or not a deposit will be refunded. Where the deposit is refunded, a 10% handling fee will be deducted.

Deposits WILL be refunded to applicants under the following circumstances:

  1. Where the University is unable to offer you a place.
  2. Where the applicant has personal circumstances such as illness, bereavement or other family situations that has prevented them coming to the UK. Medical or other proof may be requested.
  3. Applicant can prove that they have applied for a visa to attend the University of Glasgow, but the VISA has been refused. The applicant must have shown ‘real intent' to study at the University of Glasgow but has been unable to obtain their visa.
  4. Applicant does not meet his / her conditions of offer: this may be academic or language test requirements. Satisfactory evidence must be uploaded to the student’s online application to prove that they have not met the conditions of their offer (note that applicants who do not meet the language condition of their offer must show reasonable attempt to meet this, i.e. they must provide a language test which was taken after the date that the deposit was paid).

Deposits WILL NOT be refunded to applicants under the following circumstances:

  1. Applicant decides to go to another institution.
  2. Applicant cannot be released from work to study at the University of Glasgow.
  3. Applicant does not send completed documentation as requested in the condition of the offer: this may be required in order to prove that the offer has not been met for academic or language test conditions - failure to respond to requests for this information will result in no refund.
  4. Applicant has not secured funding to attend the University of Glasgow: this may be as a result of not being successful in applications for scholarships, OR simply not having sufficient funds in bank at time of visa application. This condition will apply unless it can be proven that there are clear mitigating circumstances which have significantly changed the applicant’s position since the time of application.
  5. Applicant has decided to defer – in this situation the University will retain the deposit and credit it against the applicant’s account for securing their place for the following year of entry. 

Refund requests must be made by 30th October, 2016: requests made after this date will be subject to discretion.

Additional fees

  • Fee for submission by a research student: £460
  • Fee for re-assessment of a dissertation (PGT programme): £300
  • Submission for a higher degree by published work: £1,000
  • Submission of thesis after deadline lapsed: £200
  • Submission by staff in receipt of staff scholarship: £680
  • Research students registered as non-supervised Thesis Pending students (50% refund will be granted if the student completes thesis within the first six months of the period): £260
  • Registration/exam only fee: £110
  • General Council fee: £50

Alumni discount

A 10% discount is available to University of Glasgow alumni applying to the MFin. This includes graduates and those who have completed a Junior Year Abroad, Exchange programme or International Summer School at the University of Glasgow. The discount is applied at registration for students who are not in receipt of another discount or scholarship funded by the University. No additional application is required.

Funding opportunities

Career prospects

The programme will prepare you for a career in finance or to pursue research studies in finance. You will develop the background to work in a variety of financial functions, and for a variety of businesses such as banks, insurance companies, financial service companies. Working in mainstream industries and commercial services firms is also a possibility.

How to apply

We ask that you apply online for a postgraduate taught degree. Our system allows you to fill out the standard application form online and submit this to the University within 42 days of starting your application.

You need to read the guide to applying online before starting your application. It will ensure you are ready to proceed, as well as answer many common questions about the process.

Guide to applying online

Do I have to apply online for a postgraduate taught degree?

Yes. To apply for a postgraduate taught degree you must apply online. We are unable to accept your application by any other means than online.

Do I need to complete and submit the application in a single session?

No. You have 42 days to submit your application once you begin the process. You may save and return to your application as many times as you wish to update information, complete sections or upload additional documents such as your final transcript or your language test.

What documents do I need to provide to make an application?

As well as completing your online application fully, it is essential that you submit the following documents:

  • A copy (or copies) of your official degree certificate(s) (if you have already completed your degree)
  • A copy (or copies) of your official academic transcript(s), showing full details of subjects studied and grades/marks obtained
  • Official English translations of the certificate(s) and transcript(s)
  • Two supporting reference letters on headed paper
  • Evidence of your English Language ability (if your first language is not English)
  • Any additional documents required for this programme (see Entry requirements for this programme)
  • A copy of the photo page of your passport (Non-EU students only)
  • A two-page personal statement highlighting:
    • How your academic career to-date makes this programme a suitable next step
    • Why you want to study this programme
    • How you think this programme will help you in your future career development

If you do not have all of these documents at the time of submitting your application then it is still possible to make an application and provide any further documents at a later date, as long as you include a full current transcript (and an English translation if required) with your application. See the ‘Your References, Transcripts and English Qualification’ sections of our Frequently Asked Questions for more information.

Do my supporting documents need to be submitted online?

Yes, where possible, please upload the supporting documents with your application.

How do I provide my references?

You must either upload the required references to your online application or ask your referees to send the references to the University as we do not contact referees directly. There is two main ways that you can provide references: you can either upload references on headed paper when you are making an application using the Online Application (or through Applicant Self-Service after you have submitted your application) or you can ask your referee to email the reference directly to See the 'Your References, Transcripts and English Qualifications' section of the Frequently Asked Questions for more information.

What if I am unable to submit all of my supporting documents online?

If you cannot upload an electronic copy of a document and need to send it in by post, please attach a cover sheet to it that includes your name, the programme you are applying for, and your application reference number.

You may send them to:

Recruitment & International Office
71 Southpark Avenue
G12 8QQ
Fax: +44 141 330 4045

Can I email my supporting documents?

No. We cannot accept email submissions of your supporting documents.

What entry requirements should I have met before applying? Where can I find them?

You should check that you have met (or are likely to have met prior to the start of the programme) the individual entry requirements for the degree programme you are applying for. This information can be found on the ‘entry requirements’ tab on each individual programme page, such as the one you are viewing now.

What English Language requirements should I have met before applying? Where can I find them?

If you are an international student, you should also check that you have met the English Language requirements specific to the programme you are applying for. These can also be found on the ‘entry requirements’ tab for each specific programme.

Further Information

Please see the Frequently Asked Questions for more information on applying to a postgraduate taught programme.

Guidance notes for using the online application

These notes are intended to help you complete the online application form accurately, they are also available within the help section of the online application form. If you experience any difficulties accessing the online application then you should visit the Application Troubleshooting/FAQs page.

  • Name and Date of birth: must appear exactly as they do on your passport. Please take time to check the spelling and lay-out.
  • Contact Details: Correspondence address. All contact relevant to your application will be sent to this address including the offer letter(s). If your address changes, please contact us as soon as possible.
  • Choice of course: Please select carefully the course you want to study. As your application will be sent to the admissions committee for each course you select it is important to consider at this stage why you are interested in the course and that it is reflected in your application.
  • Proposed date of entry: Please state your preferred start date including the month and the year. Taught masters degrees tend to begin in September. Research degrees may start in any month.
  • Education and Qualifications: Please complete this section as fully as possible indicating any relevant Higher Education qualifications starting with the most recent. Complete the name of the Institution (s) as it appears on the degree certificate or transcript.
  • English Language Proficiency: Please state the date of any English language test taken (or to be taken) and the award date (or expected award date if known).
  • Employment and Experience: Please complete this section as fully as possible with all employments relevant to your course. Additional details may be attached in your personal statement/proposal where appropriate.
  • References: Please provide the names and contact details of two academic references. Where applicable one of these references may be from your current employer. References should be completed on letter headed paper and uploaded on to your application.

Application deadlines

International applications (non-EU) deadline

There is high demand for places on this programme. The University recognises that applicants from all geographical regions cannot complete and submit their applications at the same time and, to ensure fairness for international applicants, a two deadline process has been established:

  • Application phase 1 deadline15 December 2016
  • Application phase 2 deadline31 March 2017

All international applications submitted before 15 December 2016 will be reviewed and processed normally with no priority given to any geographic region.

Between 16 December 2016 and 31 March 2017, priority will be given to applications which come from geographic areas which have been unable to submit applications before that point.

Please note that international applications received after 31 March 2017 may be considered for some programmes following a review of available places.

UK and EU Application Deadline

  • 25 August 2017

Classes start September 2017 and you may be expected to attend induction sessions the week before.

Application fee

A fee of £25 per application must be paid by all applicants to this programme. The application fee will be requested when you apply online and it can be paid using your credit or debit bank card.

Terms and conditions

The application fee is non-refundable so it is important that you check any specific entry requirements for the programme. If you are applying with qualifications from outside the UK then you should check the postgraduate taught entry requirements for your country: see International students: In your country

Applicants who are sponsored may have the application fee waived at the point of applying online. However if the sponsorship status changes before the student registers with the University and the student is self-funding the University reserves the right to invoice the student for the initial application fee.

Find out more about Application fees

Apply now