Imperial College Business School – MSc Finance
- Admin
- Oct 11
- 13 min read
If you’re looking to advance your career in finance, the MSc Finance program at Imperial College Business School offers an unparalleled opportunity to gain cutting-edge knowledge and skills in one of the world’s most dynamic financial hubs, London. Here's a detailed guide to help you understand why this program stands out and how it could be the ideal choice for your Masters degree in Finance.
Table of Contents
Program Overview
Duration: One year, full-time
Start Date: August 30, 2024
Location: London, UK
Language: English
The MSc Finance program at Imperial College Business School is designed to deliver a comprehensive and intensive education in finance, ensuring that you are equipped with both the theoretical foundations and practical skills required to excel in the global finance industry.
Rankings and Recognition
3rd in the UK (Financial Times Masters in Finance Ranking 2024)
Part of Imperial College London, ranked 2nd in the world (QS World University Rankings 2025)
London ranked as the number 1 city for students (QS Best Student City Rankings 2025)
Imperial College's MSc Finance program is highly regarded, making it one of the most sought-after Masters in Finance degrees for aspiring finance professionals.
Explore how Imperial MSc Finance can transform your career—connect with GOALisB today!
Key Program Features
Rigorous Quantitative Core Modules: These modules provide you with advanced knowledge in finance, enhancing your quantitative and analytical skills.
Wide Range of Elective Options (20+): Customize your learning experience by selecting from a broad array of elective courses.
CFA University Affiliation Program Member: The program's affiliation with the CFA Institute offers students a pathway to prepare for the CFA examinations, adding immense value to their finance credentials.
Strong Focus on Practical Application and Industry Relevance: The program emphasizes practical learning and real-world application, ensuring you gain skills that are directly applicable in the finance sector.
Curriculum Structure
The curriculum is designed to ensure you gain a comprehensive understanding of finance, combining core modules with elective courses to tailor your learning experience:
Core Modules: Cover key areas such as asset pricing, corporate finance, and financial econometrics, laying a strong foundation in finance.
Elective Modules: With over 20 options, you can specialize in areas that align with your career aspirations, allowing you to personalize your Master's degree in Finance.
Dissertation: The program culminates in a dissertation, where you can consolidate and apply your knowledge through a practical project.
Career Impact
90% of graduates secure employment within three months (Finance Masters' 2022)
82% employed in the UK (Class of 2022)
Strong connections with leading employers in the finance sector
The MSc Finance program offers significant career support, helping students transition smoothly into the finance industry. The school's strong connections with top finance employers and a dedicated careers team ensure you’re well-prepared to make the most of job opportunities.
Learning Resources
As a student of this Masters in Finance program, you’ll have access to top-notch learning resources that provide you with hands-on experience:
Bloomberg Terminals: Gain practical experience with industry-standard tools.
Wharton Research Data Services (WRDS): Access comprehensive financial data for research and analysis.
Postgraduate-only Learning Space and IT Suite: Dedicated facilities to enhance your study experience.
These resources ensure you have the tools necessary to engage deeply with finance concepts and gain practical skills that are highly valued by employers.
International Opportunities
A diverse cohort of students from multiple countries
London location offers a global perspective and exceptional networking opportunities
Studying in London allows you to immerse yourself in a truly international environment, gaining insights from diverse perspectives and building a network that spans across the globe.
Admission Requirements
To be eligible for the program, you must meet the following criteria:
First Class Honours degree or Upper Second Class Honours degree from a recognized university
A highly quantitative background is preferred (Mathematics, Engineering, Economics, Finance, Science)
English Language Proficiency: IELTS (7.0), TOEFL iBT (100), or Duolingo (125)
GMAT or GRE scores are recommended but not mandatory
These requirements ensure that students have the necessary foundation to excel in this rigorous Master's degree program.
MSc in Finance Application Process
The application process for the MSc Finance program involves:
Completing an online application
Submitting a CV, personal statement, and academic transcripts
Providing two academic references
Paying the application fee of £100
GOALisB Admissions Consultants can assist you in preparing a compelling application that showcases your strengths and aligns with the program’s expectations.
Beat the deadlines- get personalized guidance from GOALisB Admissions Consultants today.
Key Application Dates for 2025 Entry
Imperial College Business School Msc Finance Application Deadline
Rounds | Date |
Round 1 | September 28, 2025 |
Round 2 | January 7, 2026 |
Round 3 | March 11, 2026 |
Round 4 | April 29, 2026 |
Tuition Fees (2024-2025)
Tuition Fee: £45,400
Deposit: £4,540
Career Support
The MSc Finance program provides extensive career support, including:
A dedicated careers team that offers personalized guidance
Industry-focused events and networking opportunities with top employers in the finance sector
This support ensures that you are well-prepared for a smooth transition into the finance industry, making the most of your Master's degree in Finance.
Turn your Imperial MSc Finance into a fast-track to investment banking- consult GOALisB now.”
Alumni Network
As a graduate of the MSc Finance program, you’ll join:
A 250,000-strong Imperial College London alumni network
An alumni group with over 7,000 members in the Finance suite
These connections provide valuable opportunities for networking and career advancement.
Unique Imperial Experience
Global Top 10 University: Be part of a prestigious academic institution.
Access to Imperial's broader academic community and resources
Proximity to global financial institutions in London
This unique experience enhances your learning journey, providing an unparalleled environment for your studies.
Program Specialties
The MSc Finance program offers:
Strong quantitative and analytical skill development
A focus on emerging areas such as sustainable investment, machine learning, and data science
Preparation for the CFA examinations
These features ensure that you graduate with a competitive edge, ready to excel in the finance industry.
Frequently Asked Questions
Is Imperial MSc Finance worth it?
Yes, the Imperial MSc Finance is worth it for students targeting careers in investment banking, asset management, and consulting, with graduates earning average salaries of around £43,853 (Class of 2018) and strong placement in London’s finance sector.
The MSc Finance at Imperial College Business School (London) is one of the most competitive masters in finance in Europe and UK. Its value depends on your career goals, background, and target geography.
Key Benefits
Strong Rankings & Reputation:
Consistently ranked among the top 10 MSc Finance programs worldwide (by FT, QS).
Recognized as a feeder into top finance jobs in London.
Career Outcomes:
Average salary: £43,853 (Class of 2018).
Employers include Goldman Sachs, JP Morgan, Morgan Stanley, BlackRock, Bain, McKinsey.
91% of students secure employment within 3 months (Imperial Careers Report).
Location Advantage (London):
Close proximity to London’s financial hub provides strong networking and internship opportunities.
Access to alumni across global banks and consulting firms.
Curriculum:
Covers corporate finance, asset pricing, derivatives, private equity, and quantitative methods.
Offers electives in fintech, sustainable finance, and big data.
STEM-Eligible & Visa Benefits (for internationals):
UK’s Graduate Route Visa allows 2 years of post-study work in the UK.
Considerations
Tuition: £51,000, making it expensive relative to some European schools.
Competition: Extremely selective, with preference for students from strong quantitative and finance backgrounds.
Career Path: Best suited for those who want front-office finance roles; less ideal for those targeting broad management careers (MBA may be better).
Finally, yes- the Imperial MSc Finance is worth it if you want a fast-track into investment banking, asset management, or consulting in London/Europe. Its prestige, location, and employer connections deliver strong ROI—provided you have a solid finance or quantitative background.
Also explore other European Masters in Finance leaders to discover top programs shaping global finance careers:
How much is MSc Finance at Imperial College Business School?
For the 2026 entry (one-year full-time program), the tuition fee is £51,000.
What do you need for MSc Finance at Imperial Business School?
To apply for MSc Finance at Imperial College Business School, you need a First Class or strong Upper Second Class UK degree (or international equivalent) in a quantitative subject, plus GMAT/GRE (optional), IELTS/TOEFL (if applicable), essays, and references.
Also read GRE syllabus to understand the exam structure, sections, and key topics.
1. Academic Requirements:
Undergraduate Degree:
First Class or strong Upper Second Class Honours (or international equivalent) in the UK system.
Subject Background:
Finance, Economics, Mathematics, Engineering, Physics, or another quantitative discipline.
2. Test Scores:
GMAT is not required for MSc Finance but a well balanced GMAT Exam result will add weight to the application.
GMAT minimum overall percentile ranking of 55%.
For GMAT Exam (10th Edition), a score of at least 600 is required.
For GRE, a score of 159 in the quantitative section can also add weight to the application.
Check out GMAT vs GRE to decide which exam aligns best with your academic strengths and goals.
English Proficiency (if required):
IELTS: 7.0 overall (no less than 6.5 in any section).
TOEFL iBT: 100 overall (minimum 22 in all elements).
Duolingo English Test: 125 (Overall with no less than 115 in any band score).
3. Application Materials:
Essays (3 essays).
CV/Resume (showing academic excellence, internships, leadership experience).
References (usually one academic, one professional).
4. Work Experience:
Not mandatory, but internships or work in finance/economics strengthen the profile.
5. Extra Considerations:
Imperial looks for candidates with strong numerical, analytical, and problem-solving skills.
International students must also meet visa and financial proof requirements.
Read Master in Finance requirements for a detailed guide on qualifications, tests, and experience expected by leading schools.
Is a finance master’s better than a CFA?
A Master’s in Finance is better if you want broad academic training, global mobility, and access to jobs in investment banking, consulting, and corporate finance, while a CFA is better for building deep expertise in investment management and equity research at lower cost.
1. Scope & Focus:
Master’s in Finance (MFin/MSc):
Covers finance theory, quantitative methods, corporate finance, financial modeling, and electives (e.g., fintech, ESG, risk).
Suited for early-career graduates targeting diverse finance roles.
CFA (Chartered Financial Analyst):
Specializes in investment analysis, portfolio management, and ethics.
Globally respected in asset management, equity research, and wealth management.
2. Duration & Cost:
Master’s in Finance: 1–2 years, tuition ranges $40K–$90K (₹35–75 lakhs) depending on university.
CFA: Self-study program, costs about $3K–$5K (₹2.5–4 lakhs) total for all three levels.
3. Career Outcomes & Salary:
Master’s in Finance: Entry into investment banking, corporate finance, consulting, fintech with salaries often $80K–$120K+ (₹20–40 LPA in India).
CFA: Strong edge in asset/portfolio management and research; salary progression grows after completing all three levels, typically ₹10–30 LPA in India depending on experience.
4. Which Is Better?
Choose Master’s in Finance if: You want a structured degree, international exposure, and faster entry into high-paying corporate/IB roles.
Choose CFA if: You want to specialize in investments, prefer low cost, and are already working in finance.
Know more about What is a Master in Finance and how it can shape your global finance career.
What is the salary after MSc Finance?
The average salary after an MSc Finance is about $70,000–$100,000 (₹20–35 LPA) globally, with top graduates from schools like LSE, Oxford, Imperial, or MIT earning $100,000+, while in India, MSc Finance graduates typically earn ₹6–12 LPA starting.
Also explore US Masters in Finance Excellence to discover top programs and career opportunities in the U.S:
1. Global Salary Range (Post MSc Finance):
Top UK/US Schools (LSE, Oxford, Imperial, MIT):
Investment banking, consulting, and asset management roles pay $90K–$120K+ starting.
Example: Imperial College MSc Finance reports £60,000+ (~$75,000) average salary.
Europe (HEC Paris, ESSEC, IE):
Graduates earn €55K–€80K ($60K–$90K) on average.
Asia/India:
MSc Finance graduates from Indian universities earn ₹6–12 LPA initially, but with CFA/MBA combo can rise to ₹20–30 LPA.
2. Factors Affecting Salary:
University Brand: Target schools (LBS, MIT, LSE) place better in top finance firms.
Location: US/UK pay much higher than Asia or India.
Industry:
Investment Banking & Consulting: Highest salaries ($100K+).
Corporate Finance/Accounting: Moderate ($60K–$80K).
Asset Management/Fintech: Competitive, varies widely.
Prior Experience: MSc Finance + pre-MBA experience gives much higher ROI.
3. Long-Term Growth:
Within 5–7 years, MSc Finance graduates can move into VP/Associate roles earning $150K–$200K+ globally or ₹30–50 LPA in India.
You might be interested in Master in Finance: Career Path and Salary Guide to understand career trajectories and salary prospects
Is it hard to get into Imperial College Business School?
Yes, getting into Imperial College Business School is very competitive, with acceptance rates for top master’s programs like MSc Finance around 5–10% and MBA admissions also highly selective, requiring strong academics, GMAT/GRE, and relevant experience.
1. Selectivity by Program:
MSc Finance:
One of the toughest programs in the world.
Acceptance rate: ~5–10% (similar to LSE, Oxford Said).
Requires top grades in quantitative subjects + GMAT 650–700+.
Other MSc Programs (Management, Business Analytics, Marketing):
Slightly higher admit rates, but still competitive at 10–20%.
MBA:
Requires minimum 3 years of work experience, competitive GMAT/GRE scores, and strong professional achievements.
2. What Makes It Hard:
Global Competition: Thousands of applicants worldwide, especially from finance hubs like India, China, and Europe.
Academic Rigor: Preference for applicants with First Class / 2:1 degrees in quantitative disciplines.
GMAT/GRE: Not always mandatory, but strong scores significantly improve chances.
Profile Expectations: Leadership, internships, and career clarity are important.
3. How to Improve Chances:
Secure a GMAT 700+ (if applying for Finance/Analytics).
Highlight internships or finance-related projects.
Essays and references.
Exceptional academic record in math/quantitative subjects.
Key Insight: Imperial is not just about grades—it’s about whether your profile shows academic strength, career potential, and leadership, since its brand attracts global employers.
Learn about other MSc programs in Europe that can complement your career goals and academic interests:
Does Imperial College London require GMAT for MSc Finance?
No, GMAT is not mandatory for MSc Finance at Imperial College London, but it is highly recommended—most successful applicants score 650+, which strengthens competitiveness in the selective program.
1. Official Policy:
GMAT/GRE is not a compulsory requirement for MSc Finance applications.
However, Imperial strongly encourages applicants to submit a GMAT, especially if their degree is not from the UK or lacks strong quantitative modules.
2. Typical Scores of Admitted Students:
Competitive applicants usually present a GMAT 650.
Current average is 689.
3. Who Benefits Most from GMAT Submission:
International students with non-UK degrees.
Candidates with weaker academic records in quantitative courses.
Applicants targeting jobs in investment banking or consulting, where a GMAT score signals strong analytical ability.
4. When You Can Skip It:
If you have a First Class/2:1 UK degree in a quantitative subject (finance, math, engineering, physics).
If your academic transcripts already demonstrate rigorous quantitative training.
Key Insight: Submitting a high GMAT score can significantly boost chances, especially since MSc Finance at Imperial has an acceptance rate of only 5–10%.
Explore our essential resources for understanding the GMAT exam structure and requirements to prepare effectively:
Is MSc Finance worth it?
Yes, an MSc Finance is worth it if you aim for high-paying careers in investment banking, consulting, or asset management, since top graduates earn $80K–$120K globally (₹20–40 LPA in India), but ROI depends on university brand, location, and career goals.
1. Career Benefits:
High Salary Potential:
Top schools (LSE, Imperial, Oxford, HEC, MIT) report average salaries of $90K–$120K+.
In India, MSc Finance leads to ₹6–12 LPA initially, with growth to ₹25–40 LPA after 5–7 years.
Career Entry: Direct entry into investment banking, equity research, consulting, risk management, or fintech.
Global Mobility: European and US programs give strong access to London, Wall Street, and global finance hubs.
2. ROI Considerations:
Cost: $40K–$90K (₹35–75 lakhs) tuition + living.
Value: ROI is highest if you study at a target school with direct recruitment pipelines into IB/consulting.
Lower-tier MSc Finance degrees may not justify the cost unless combined with CFA or local work experience.
3. Who Should Choose MSc Finance:
Fresh graduates (0–2 years experience) seeking direct entry into finance.
Candidates aiming for quant-heavy roles (IB, trading, risk, portfolio management).
Those planning to combine with CFA/FRM for stronger employability.
4. Who Shouldn’t:
Mid-career professionals → better to pursue an MBA in Finance.
Candidates in niche industries (tech/data) → a Master’s in Data Science or Business Analytics may yield better ROI.
Key Insight: MSc Finance is a high-return degree when pursued from a globally ranked school, but for maximum ROI, align it with clear career goals and internships.
How long is MSc Finance in the UK?
An MSc Finance in the UK typically lasts 1 year full-time, though some universities offer 15–24 month options with work placements or internships.
1. Standard Duration:
Most UK universities (Imperial, LSE, Oxford, Warwick, Manchester) structure MSc Finance as a 12-month program.
This is intensive, covering core finance modules, electives, and a dissertation/project.
2. Extended Options:
Some schools (e.g., Imperial, Nottingham, Durham) offer 15–24 month tracks that include:
A professional placement/internship.
Study abroad or exchange opportunities.
Additional electives in areas like fintech, asset management, or quantitative finance.
3. Part-Time/Flexible Options:
Select universities also allow 2-year part-time MSc Finance programs, mainly for working professionals in the UK/EU.
Key Insight: The 1-year UK MSc Finance is globally recognized for its fast ROI and appeal to international students, but if you want work experience built-in, choose a 15–24 month extended pathway.
Is Imperial a target school for finance?
Yes, Imperial College Business School is a target school for finance, especially in London, with MSc Finance graduates recruited by top banks (Goldman Sachs, J.P. Morgan, Morgan Stanley), consulting firms, and asset managers.
1. Target School Status:
In the UK finance recruitment market, Imperial sits alongside LSE, Oxford, Cambridge, and Warwick as a core target school.
Investment banks and consulting firms regularly visit Imperial for on-campus recruiting and networking events.
2. Career Outcomes (MSc Finance):
Over 90% of Imperial MSc Finance graduates are employed within 3 months.
Common recruiters include:
Investment Banking: Goldman Sachs, J.P. Morgan, Barclays, Credit Suisse, Deutsche Bank.
Consulting: McKinsey, BCG, Bain, Deloitte, EY.
Asset Management/Fintech: BlackRock, Schroders, Revolut.
Average salary: £43,853 (Class of 2018).
3. Why It’s Targeted:
London location gives direct access to finance hubs.
Strong alumni network in the City of London and global banks.
Highly quantitative, CFA-affiliated MSc Finance program, respected by recruiters.
4. Comparisons:
LSE is still the top feeder for finance in the UK.
Imperial is often ranked second or third, particularly strong in quant finance and fintech.
Warwick & Oxford are also considered semi-targets to targets, depending on the role.
Key Insight: If your goal is investment banking, asset management, or consulting in London, Imperial MSc Finance is a direct pipeline into top firms, making it a solid target school.
Take the Next Step with GOALisB Admissions Consultants
Pursuing a Masters degree in Finance from Imperial College Business School is a significant investment in your future. If you’re ready to take your finance career to the next level, GOALisB Admissions Consultants are here to guide you through every step of the application process, ensuring you present your strongest case to the admissions team.
Contact GOALisB today and embark on your journey to becoming a finance leader!
