Finance is the study of the theory and practice of financial decision-making, and is particularly concerned with the theory and practice of risk reduction in financial decision-making, the operation, role, behaviour and implications of financial markets, and the operations and structures of leading financial institutions. Through the operation and fluctuations of global markets, finance affects businesses, governments, nations and individuals across the world.
Statistics is concerned with the drawing of objective conclusions from investigations where outcomes are subject to uncertainty or variability. In statistics, mathematical methods are developed and applied to guide the design of investigations, the collection and handling of data, the analysis and modelling of data, and the interpretation of the results. Statistics has applications in almost every academic discipline and many areas of everyday life.
Why study Finance & Statistics?
- Finance and Accounting is ranked 1st in the UK, and Mathematics is ranked 17th (Complete University Guide 2020)
- This programme will prepare you for employment in a wide variety of contexts where financial and mathematical skills are valued - making you highly desirable to employers - and you'll benefit from guest lecturers and tutors from the financial sector
- The MacLaurin Society (or MacSoc), is the university's Mathematics and Statistics Society. Named after the Scottish mathematician Colin MacLaurin, it has been running since the 1950s and provides a supportive and friendly atmosphere for students in the School
Years 1 and 2
You will take courses in:
- Financial accounting
- Management accounting
Years 3 and 4
If you progress to Honours (years 3 and 4) you will take a range of core and optional courses, including courses in finance and statistics.
In fourth year you will also undertake a dissertation supervised within the Adam Smith Business School.
Programme alteration or discontinuation
The University of Glasgow endeavours to run all programmes as advertised. In exceptional circumstances, however, the University may withdraw or alter a programme. For more information, please see: Student contract.
Partnership and industry links
The University has close links with professional bodies and employers, many of whom offer placement opportunities to students. Some professional firms run presentations and drop-in sessions for prospective graduates and also run separate events to give students a chance to interact with their staff.
Our international links
You will have the opportunity to study abroad at one of our partner universities as part of your degree. This won’t add any extra time to your studies; see Study abroad.
for entry in 2021
Summary of entry requirements for Finance & Statistics
SQA Higher Entry Requirements
- BBBB at S5 will be considered. Typically S6 entrants will have AAAAA at Higher. B at Advanced Higher is equivalent to A at Higher.
- Additional requirements: Higher Mathematics and a Higher Science subject.
SQA Higher Adjusted Entry Requirements* (by end of S6)
- AABB – BBBB
- Additional requirements: Higher Mathematics and a Higher Science subject. Successful completion of Top-Up or one of our Summer Schools.
A-level Standard Entry Requirements
- AAB – BBB
- Additional requirements: A-level Mathematics.
IB Standard Entry Requirements
- 36 (6, 6, 5 HL) – 32 (6, 5, 5 HL)
- Additional requirements: HL Mathematics.
For applicants whose first language is not English, the University sets a minimum English Language proficiency level.
English language requirements
International English Language Testing System (IELTS) Academic module (not General Training):
- overall score 6.5
- no sub-test less than 6.0
- or equivalent scores in another recognised qualification (see below)
Common equivalent English language qualifications:
- 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
- IGCSE: English as a First Language (0500/0522): C in Reading and Writing, plus 1 in Listening, 2 in Speaking, where applicable. All four components (listening, writing, speaking, reading) must be examined and detailed on results slip
- IGCSE: English as a Second Language (0510/0511): A in Reading and Writing, plus A in Listening, 2/B in Speaking, where applicable. All four components (listening, writing, speaking, reading) must be examined and detailed on results slip
- Trinity College London Integrated Skills in English: ISEII at Distinction with Distinction in all sub-tests
* Please note that TOEFL is still acceptable for admission to this programme for both home/EU and international students.
For international students, the Home Office has confirmed that the University can choose to use TOEFL to make its own assessment of English language ability for visa applications to degree level courses. We therefore still accept TOEFL tests taken in the last two years for admission to this programme.
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 School of Modern Languages and Cultures 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 External Relations
If you require a Tier 4 student visa, your qualification must be one of the secure English language tests accepted by UK Border Agency:
- UK Border Agency Tier 4 English Language requirements
- UKBA list of approved English language tests [pdf]
Visa requirements and proof of English language level
It is a visa requirement to provide information on your level of English based on an internationally recognised and secure English language test. All test reports must be no more than 2 years old. A list of these can be found on the UK Border Agency website. If you have never taken one of these tests before, you can get an initial idea of your level by using the Common European Framework self-assessment grid which gives you a level for each skill (e.g. listening B1/writing B2 etc.) However, please note that this is not a secure English language test and it is not sufficient evidence of your level of English for visa requirements.
For further information about English language, please see School of Modern Languages and Cultures: English for Academic Study.
The financial sector, locally and throughout the UK, actively recruits graduates skilled in all aspects of statistics, and a significant number of our Honours graduates find employment in the commercial sector, in insurance, accounting, finance or banking.
Degrees and UCAS codes
When applying you will need to know the UCAS code for the subject or subject-combination that you wish to apply to:
Fees and funding
How and when you pay tuition fees depends on where you’re from: see Tuition fees for details.
The University is committed to supporting students and rewarding academic excellence. That's why we've invested more than £1m in additional scholarship funding in recent years.
ICAS Foundation Scholarships
The ICAS Foundation supports academically talented young people from less advantaged backgrounds by helping them take their first steps into a professional career in accountancy or finance. Students benefit from a range of support including bursary funding, mentoring assistance and help to access internships.
College of Science and Engineering Deans' Award
The College of Science and Engineering is offering ten scholarships worth £10,000 each towards tuition fees for academically excellent students wishing to study an Undergraduate or Postgraduate Taught programme within the College’s programme portfolio.
Undergraduate Excellence Scholarship
The University of Glasgow has a number of Undergraduate Excellence Scholarships available to new International and EU students for 2021 entry. The scholarship is awarded as a tuition fee discount of £5,000 per year of study and is subject to satisfactory progress for consecutive years of study.
RUK Access Bursary
The bursary supports talented students who might not be able to take a place at University for reasons of financial hardship. It is available to new entrant full-time, undergraduate students of the University of Glasgow who are fully registered for Session 2021/22, as being domiciled in England, Wales and Northern Ireland and paying annual tuition fees of £9,250 per annum.
RUK Excellence Scholarship
The RUK Excellence Scholarship of £1,000 for each year of study will be awarded to first degree entrants who have attained AAA or better in one sitting at A Level (or equivalent).
James McCune Smith Scholarship
The University of Glasgow has 30 undergraduate scholarships available for students Black, Asian and Minority Ethnic (BAME) students. The scholarship supports students who could face financial difficulties taking up their place to study at the University. The value of the scholarship is £2,000, paid in instalments for the first year of undergraduate study. The scholarship is open to new applicants to the University. Current students who have previously been in receipt of the award may reapply, however, preference will be given to applicants entering their first year of study.
The University of Glasgow offer a 15% discount on the first year of tuition fee to students from Beaconhouse Schools and who enrol on an undergraduate programme at the University of Glasgow. The discount does not apply to Veterinary Medicine, Medicine and Dentistry programmes.
Cowrie Foundation Scholarship
The University of Glasgow and The Cowrie Scholarship Foundation (CSF) will offer a scholarship to support Black African and Caribbean heritage applicants from socio-economically challenged backgrounds. Applicants must be ordinarily resident in the UK and commencing an undergraduate study in the academic year 2021-2022.
The Cowrie Scholarship Foundation wants to fund 100 Black British students through UK universities in the next decade. More information on the Foundation can be found here.
Undergraduate Talent Scholarships
The University of Glasgow awards c.50 undergraduate Talent Scholarships each academic year to support students who could face financial difficulties in taking up their place to study at the University. The value of each scholarship is typically £1,500 p.a. for each year of the degree programme, subject to satisfactory progress. Talent Scholarships are available to students entering any of the University's Colleges.
Dental School students are eligible for a Talent Scholarship in their first year of study only. They are eligible for the NHS Dental Student Support Grant in the following years.
The University of Glasgow is offering four scholarships (one per college) for applicants to the University who are staying in the UK on humanitarian grounds and are facing challenges in progressing onto Higher Education. The scholarship is open to prospective undergraduate and postgraduate taught students of the University of Glasgow applying for entry in 2021/22. The scholarship meets the full cost of tuition fees for the duration of your programme as well providing an additional £5,000 per year stipend, if the eligibility criteria for university accommodation is met this will also be provided for the duration of your degree. For more information on the accommodation criteria, please see the Accommodation Services section on the website.
We are also offering eight scholarships to students who hold refugee status. This scholarship is awarded as a £2,500 stipend towards study costs, per year of study.
The scholarships above are specific to this programme. For more funding opportunities search the scholarships database
How to apply
Full-time students must apply through the Universities & Colleges Admissions Service (UCAS). The University will accept Centre or Teacher Assessed Grades in lieu of exam results.
SQA applicants who are eligible for our Widening Participation programmes are encouraged to participate in one or more of these programmes, including Summer School, to support your application and the transition to higher education.
International students to Arts, Engineering, Law, Nursing, Science, and Social Sciences can also apply using The Common Application: however, if applying to more than one UK university, we recommend using UCAS. Applications to Dentistry, Education, Medicine, and Veterinary Medicine must be made through UCAS.
- 15 October: if including Dentistry, Medicine, Veterinary Medicine or also applying to Oxford or Cambridge
- 29 January: all other UK/EU applicants (unless otherwise stated on the UCAS website): this has been extended from 15 January 2021 due to covid restrictions.
- 30 June: international (non-EU) students
We do not usually accept any applications after these deadlines.
It's your responsibility to ensure the accuracy of your application before submission. Requests to correct application content, change degree programme or change college of entry, will not be accepted after these deadlines. This policy is in place to ensure fairness and consistency to all applicants, and no exceptions will be made.
- Apply at www.ucas.com or through your school or college
- Contact UCAS on 0871 468 0468
- Apply at commonapp.org (international students to certain areas only)
5th in UK
Times & Sunday Times Good University Guide [Accounting & Finance]