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QS Rank:

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104

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University of St Andrews

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Fife

United Kingdom

The Master of Science in Finance and Economics at the University of St Andrews is a prestigious program designed to equip students with a solid foundation in both finance and economic theory. This program not only stresses the theoretical aspects of finance but also emphasizes practical application, ensuring that students are well-prepared for the dynamic challenges of the financial sector. With a curriculum tailored to meet the needs of the industry, students will engage in critical thinking and analytical skills necessary for a successful career in finance and economics.

The curriculum of the program includes a blend of core and elective courses, allowing students to specialize in areas that align with their career aspirations. Core courses such as Microeconomic Theory, Macroeconomic Theory, and Financial Markets provide foundational knowledge, while electives like International Finance and Behavioral Economics allow students to explore specific interests. Students will also engage in innovative project work and case studies that mirror real-world scenarios, enhancing their problem-solving skills and readiness for the job market.

The faculty at the School of Economics and Finance is composed of renowned experts and researchers in the fields of finance and economics. They bring a wealth of knowledge, having contributed to influential research and publications. This exceptional faculty is dedicated to providing a high-quality educational experience through personalized instruction and mentorship. Students are encouraged to collaborate with professors on research projects, which not only enriches their learning experience but also enhances their academic credentials and professional networks.

Research opportunities at the University of St Andrews are abundant, with state-of-the-art facilities and resources available for in-depth study. Students can participate in research that contributes to significant advancements in various fields, including but not limited to financial modeling, economic forecasting, and policy analysis. The university's commitment to fostering a research-oriented environment is evident through its various research centers and initiatives that focus on bridging the gap between academic theories and practical applications.

The program boasts strong connections with industry leaders and organizations, providing students with numerous internship opportunities. These connections allow students to gain real-world experience, develop professional relationships, and enhance their employability upon graduation. The university's extensive alumni network plays a crucial role in facilitating these connections, with many alumni holding influential positions across various sectors in finance and economics.

Graduates of the Master of Science in Finance and Economics program can expect to emerge with a competitive edge in the job market. They are well-prepared for a variety of roles, including Economists, Financial Advisors, Investment Bankers, Quantitative Analysts, and Consultants. With a median base salary of approximately £55,000, graduates can anticipate a rewarding career trajectory. Additionally, the university’s career services provide ongoing support, including resume workshops, interview preparation, and job placement assistance.

Alumni success stories highlight the program’s effectiveness in preparing students for their careers. Many graduates have secured positions with top-tier companies, including multinational banks, financial consulting firms, and government agencies. Their experiences reflect the program's focus on integrating theoretical knowledge with practical skills, affirming that a degree from the University of St Andrews opens doors to numerous career pathways.

Unique features of the Master of Science in Finance and Economics include the opportunity for students to engage in interdisciplinary studies, allowing them to couple finance and economics with complementary subjects such as data science or public policy. This approach ensures that graduates are not only financially literate but also equipped with a broader understanding of the economic landscape.

Admission to the Master of Science in Finance and Economics program requires a strong academic background. Applicants should possess a bachelor's degree in economics, finance, or a related field. Essential application materials include a personal statement, academic letters of recommendation, and a resume highlighting relevant experience. Additionally, proficiency in English is required, with recognized tests such as IELTS, PTE, and TOEFL being accepted.

Why Study Finance and Economics at University of St Andrews

  • A globally recognized program with a rich history, consistently ranked among top institutions.
  • Access to distinguished faculty and opportunities to participate in groundbreaking research projects.
  • Strong emphasis on real-world applications through internships and industry partnerships.
  • A vibrant international community with diverse perspectives enriching the learning environment.
  • Comprehensive career support services dedicated to enhancing post-graduation employment opportunities.

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Duration

12 Months

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Median Salary

$55,000

Ranking

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#292

US World and News Report

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#201

The World University Rankings

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#104

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

120

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Average Age

24

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Average Work Experience

1 Years

Diversity

UK:

65%

Oceania:

1%

Africa:

1%

Europe:

15%

Asia:

5%

Others:

5%

North America:

8%

Career Outcomes

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Median Earnings After Graduation

$55,000 / year

Prospective Job Roles

Economist

Financial Advisor

Investment Banker

Quantitative Analyst

Researcher

Analyst

Consultant

Trader

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • IELTS

    7

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  • PTE

    65

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  • TOEFL

    94

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Transcript

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    Personal Statement

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    Academic LOR

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    Resume

Application Deadlines

Standard Deadline
FallAug 10, 2023

Fees and Funding

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Tuition Fees

$27,230 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The University of St Andrews offers a number of scholarships for students studying MSc Finance and Economics. These scholarships are awarded based on academic merit, financial need, and extracurricular activities. The full list of scholarships can be found on the university's website.
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    The University of St Andrews

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    The Robertson Foundation

FAQs

  • An MS degree at University of St Andrews can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of St Andrews website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at University of St Andrews by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

  • A student can complete Finance and Economics at University of St Andrews with in 12.

  • The deadline to submit an admission application for Finance and Economics at University of St Andrews is Application deadline Fall (Standard Deadline) - date - 10/08/2023

  • The annual tuition fee to pursue Finance and Economics at University of St Andrews is GBP 27230.

  • The submission of these scores mainly depends on the type of degree/ course selected at the University of St Andrews. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of St Andrews requirements before submitting a score.

  • Finance and Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of University of St Andrews, they can easily pursue Finance and Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

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