The Masters in Finance and Management (MSc) helps students develop an integrated and critically aware understanding of the financial context of managing business organisations and equips them to take an effective role within those organisations.
Postgraduate; leading to a Master of Science (MSc)
One year (12 months) full time
A good 2.1 undergraduate Honours degree in business, marketing or a related subject from the UK or the equivalent international qualification. We also consider applicants who have majored in another subject but have a business or marketing minor. Applicants with business experience are welcome, and we will take work experience into account in the evaluation of applications.
If you studied your first degree outside the UK, see the international entry requirements.
English language proficiency. See English language tests and qualifications.
UK and EU: £9,400
Applications for 2016 are now closed.
For more guidance, see supporting documents and references for postgraduate taught programmes.
If you are looking to start this programme in 2017, you can find information about 2017 entry on the 2017 Finance and Management (MSc) page. Information about all programmes from previous years of entry can be found in our archive.
Watch current students and staff discuss the teaching facilities, research opportunities and student life at Scotland's first university.
The Masters in Finance and Management is a one-year taught programme run by the School of Management. The taught elements of the programmes are delivered using a range of methods including lectures, small group tutorials, workshops and seminars. The average lecture size is 30 students, however, in some cases there will be seminars of 15 to 18 students or larger lectures with up to 100 students, which would normally be augmented by small-group tutorials.
Assessment comprises a combination of coursework and examinations. From June to August, students undertake a research project culminating in a written dissertation of 15,000 words. You will attend a weekly series of lectures and workshops focusing on research methods and other topics to help prepare you for the dissertation.
Each module typically consists of three to five contact hours per week including lectures, seminars and tutorials. Assessment is either entirely by coursework or through a combination of coursework (50%) and a two-hour end-of-semester examination (50%).
For more details of each module, including weekly contact hours, teaching methods and assessment, please see the latest module catalogue which is for the 2015-2016 academic year; some elements may be subject to change for 2016 entry.
Student choose two optional modules, taking one in each semester. For the latest optional module information, see the module catalogue.
Optional modules are subject to change each year, and attendance may be limited (see the University’s position on curriculum development).
If you would like to know more about the content of your modules for this programme, you can view the module guides for the current year of study.
Students attend lectures throughout Semesters 1 and 2 to prepare them for conducting the research portion of the dissertation. The dissertation is normally on a specific area of Finance and Marketing, however at the School of Management, you will have the freedom to develop a topic of your own, which is of interest to you and will contribute towards career development or further study goals.
Students are assigned a supervisor based on a research proposal submitted in the second semester. They will then research and write a 15,000-word dissertation over the summer to be submitted on a date specified in August.
If students choose not to complete the dissertation requirement for their Masters degree (MSc), there are exit awards available that allow suitably qualified candidates to receive a Postgraduate Diploma. By choosing an exit award, you will finish your degree at the end of the second semester of study and receive a PGDip instead of a MSc.
The School of Management organises activities and builds relationships around the concept of responsible enterprise.
Responsible enterprise informs teaching and research about:
Accountability, governance, sustainability and ethics are key to the understanding of and engagement with a wide variety of organisations – private, public and social.
The School of Management has won major grants to undertake research and develop research centres. The research findings are reported in top international journals, which means the School is influential in shaping policy and practice.
The School’s world-class research makes a significant contribution to teaching at St Andrews. School staff work as a supportive community to ensure that students think and engage critically with subject matter, both practical and theoretical, developing their abilities and their skills in analysis, synthesis, evaluation and application.
Alumni from the Finance and Marketing programme and more generally from other Masters programmes in the School of Management have secured employment in the fields of general management, marketing and brand management, accountancy, investment analysis, fund administration and other aspects of the financial services industry.
Graduates from the Masters in Finance and Management have taken up roles in a wide variety of organisations in the public and private sector including:
The Masters Extra (MX) programme is designed specifically for taught masters students in the School of Management and focuses on careers and personal/professional development. This series of talks, workshops, networking opportunities and activities includes guest lectures from leading academics and experienced managers. Participants earn a Certificate in Career Development through regular attendance.
The School of Management hosts events and guest lectures beginning in Orientation Week and throughout the year, providing students and staff with opportunities to socialise, and to engage with visiting scholars, professionals and practitioners.
The Management Society, a student-led organisation, hosts a broad range of activities, both subject related and social. The University also has a number of other student societies relating to the management discipline.
International Scholarships Scheme
Scholarships for international students studying selected Masters courses in the School of Management.
Scottish Funding Council Award Scheme
Scholarships for full-time Management students from Scotland and the EU (excluding England, Wales and Northern Ireland).
Many of our graduates continue their education by enrolling in PhD programmes at St Andrews or elsewhere.
Recent Graduate Discount
The University of St Andrews offers a 10% reduction in postgraduate tuition fees for students who have graduated during the last three years and are now starting a postgraduate programme.
ESRC Scottish Graduate School of Social Science
Fully funded awards for PhD students in the School of Management.
Management PhD studentships
The School of Management often offers PhD studentships comprising a stipend at RCUK level and a fee waiver at home/EU level.
Admission to the University of St Andrews is governed by our Admissions policy.
As a research intensive institution, the University ensures that its teaching references the research interests of its staff, which may change from time to time. As a result, programmes are regularly reviewed with the aim of enhancing students' learning experience. Our approach to course revision is described online. (PDF, 72 KB).
The University will clarify compulsory fees and charges it requires any student to pay at the time of offer. The offer will also clarify conditions for any variation of fees. The University’s approach to fee setting is described online. (PDF, 84 KB).
St Andrews has two postgraduate prospectuses - one for taught courses and one for research programmes. Both prospectuses are available for you to view and download.