phd in finance edinburgh university

Degree Programme Table: Finance (PhD) - 3 Years (Full-time) (PRPHDFINAN1F)

Year 1 academic year: 2021/22, starting in: september, compulsory courses, course options, level 11 courses in schedules a to q, t and w, year 2 academic year: 2021/22, starting in: september.

There are no compulsory courses in this year of this programme.

Year 3 Academic year: 2021/22, Starting in: September

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PhD Finance

SoSS Research and Knowledge Exchange Office

+44(0) 131 451 4454

[email protected]

Our research in this area is focused around our Centre for Finance and Investment which is at the forefront of research and practice in finance and investment management with a strong emphasis on engagement with industry and is particularly focused on the areas of financial markets and corporate finance. Much of our output tackles real-world financial problems.

Through collaboration with our industry-based advisory group we ensure that our research remains relevant to the sector and is practically orientated.

Entry requirements

• Fees and funding

Additional information

The Centre for Finance & Investment (CFI) works to develop research, stimulate debate and share knowledge on topical issues in finance and investment.

We welcome applications from suitably qualified candidates. Please note that it is not necessary to have identified a potential supervisor before submitting your application.

Students successful in obtaining a place on our PhD programme normally commence their research studies at the start of the academic year in September. However, it is possible to join the PhD programme at an agreed date during the academic year.

Applications should be submitted via the Heriot-Watt online application portal .

N.B: In order that your application can be processed please ensure all of the supporting documents listed below are submitted with your application:

1. Academic Transcripts and Degree Certificates

Copies of full academic transcripts from all previous academic degree courses and copies of degree certificates for degrees already awarded.

If you are currently pursuing a degree course please provide all available marks to date.

2. Research Proposal

The research proposal should be around 5-8 pages long and contain as much as possible of the following: an introduction or outline of the proposed topic; a statement of objectives and/or specific research questions; a summary of some of the relevant literature which supports the research objective(s); an indication of the intended research methodology; an indication of the theoretical structure and/or conceptual outline; a provisional timetable of the major phases of the research process; results expected from the research e.g. practical value of the research or possible contributions to knowledge or policy or methodology. At this stage we are not looking for a definitive document but merely an indication that you have thought through most of the above issues.

Please note that work submitted may be subject to screening via plagiarism software.

3. English Language Requirements

See section on English Language Requirements below.

4. Funding Information

You should confirm how you are proposing to fund your studies.

5. References

If you have references available these should be submitted with your application. If they are not currently available please ensure that you provide the names and contact details, including email addresses, of two academic referees on the application form. You may also submit a Curriculum Vitae if you wish.

English language requirements

If you have not already studied a degree programme that was taught and examined in the medium of English we require evidence of language proficiency:

For IELTS: the minimum overall IELTS score is 6.5 with no score lower than 6.0 in Reading, Writing, speaking and Listening.

Read further information on Tier 4 (General) student visa .

• Your residency 'status' is usually defined as the country where you have been ordinarily resident for the three years before the start of your course. Find out more about tuition fees .
• Overseas includes applications from European Union countries who do not hold Pre-Settled or Settled status in the UK. Read more about the application process for EU nationals .

Scholarships and bursaries

We aim to encourage well-qualified, ambitious students to study with us and we offer a wide variety of scholarships and bursaries to achieve this. Over £6 million worth of opportunities are available in fee and stipend scholarships, and more than 400 students benefit from this support.

View our full range of research scholarships .

• Schools & departments

Study programmes

Student experience, careers and industry, eligibility, how to apply, fees and financial aid.

• School of Mathematics
• Studying Here
• Postgraduate Taught Programmes

Financial Mathematics

These MSc programmes deliver a high quality training in the theory of financial mathematics with a strong emphasis on computational methods and optimization techniques.

Why Financial Mathematics?

Our MSc programmes in the area of financial mathematics offer intensive training in the advanced mathematics that underpin modern financial industries. You'll be well-prepared with the relevant skillset for a range of exciting and potentially high-earning career opportunities.

We are proud to offer two MSc programmes in this exciting field:

• MSc Computational Mathematical Finance
• MSc Financial Modelling and Optimization

Each of our MSc programmes has its own distinctive focus but with the common aims of delivering you a solid knowledge of financial derivative pricing, risk management and portfolio optimization, alongside the transferable computational skills required by the modern quantitative finance world.

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Economics (Finance) MSc

The university of edinburgh, different course options.

• Key information

Course Summary

Tuition fees, entry requirements, similar courses at different universities, key information data source : idp connect, qualification type.

MSc - Master of Science

Subject areas

Economics Finance / Accounting (General)

Course type

We offer three MSc programmes that provide you with a high-quality and thorough training in economics and econometrics.

The programmes are research-oriented and are highly challenging, making heavy use of analytical theory, mathematics and statistics.

Our MSc programmes will equip you with the tools a professional economist needs to work in government or in international organisations, to conduct economic research.

We deliver rigorous training in the core areas of economics to give you comprehensive knowledge in the latest analytical and quantitative techniques.

Our graduates have found employment in a wide variety of private and public organisations in the UK and abroad including: financial services; Civil Service; UK Government Economic Service; Department for International Development; economists with overseas development agencies and international institutions; research economists with journals and media agencies.

UK fees Course fees for UK students

For this course (per year)

International fees Course fees for EU and international students

A strong UK 2:1 honours degree, or its international equivalent, in economics or mathematics related subjects. We look for high grades from your undergraduate studies covering calculus and integration, probability theory and linear algebra.

Public Health - Health Economics Stream MSc

London school of hygiene & tropical medicine, university of london, msc development economics, soas university of london, msc research for international development, mphil in development economics, phd in development economics.

We have 51 University of Edinburgh PhD Projects, Programmes & Scholarships

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University of Edinburgh PhD Projects, Programmes & Scholarships

Edinburgh. Extraordinary futures await.

After the Single Use project PhD Studentship: Eliminating single-use plastics in Scottish healthcare

Phd research project.

PhD Research Projects are advertised opportunities to examine a pre-defined topic or answer a stated research question. Some projects may also provide scope for you to propose your own ideas and approaches.

Funded PhD Project (Students Worldwide)

This project has funding attached, subject to eligibility criteria. Applications for the project are welcome from all suitably qualified candidates, but its funding may be restricted to a limited set of nationalities. You should check the project and department details for more information.

Barocaloric organic ionic plastic crystals and prototype development

Competition funded phd project (students worldwide).

This project is in competition for funding with other projects. Usually the project which receives the best applicant will be successful. Unsuccessful projects may still go ahead as self-funded opportunities. Applications for the project are welcome from all suitably qualified candidates, but potential funding may be restricted to a limited set of nationalities. You should check the project and department details for more information.

LACI-Hunt: A systematic and continuous approach to drug identification and selection to prevent and treat vascular causes of dementia.

High-resolution imaging of the human neuromuscular junction, self-funded phd students only.

This project does not have funding attached. You will need to have your own means of paying fees and living costs and / or seek separate funding from student finance, charities or trusts.

Adaptive and smart structures for operational variability and life extension

Vibration data and underlying physics for adaptive structural health monitoring, synergistic experimental and data-driven catalyst development for sustainable synthesis, funded phd project (uk students only).

This research project has funding attached. It is only available to UK citizens or those who have been resident in the UK for a period of 3 years or more. Some projects, which are funded by charities or by the universities themselves may have more stringent restrictions.

Combined experimental and computational study of high-pressure order-disorder transitions in soft crystalline materials

Unlocking organic chemical reaction prediction with limited-data machine learning, study history, classics and archaeology at the university of edinburgh - funding opportunities available, funded phd programme (students worldwide).

Some or all of the PhD opportunities in this programme have funding attached. Applications for this programme are welcome from suitably qualified candidates worldwide. Funding may only be available to a limited set of nationalities and you should read the full programme details for further information.

Humanities Research Programme

Humanities Research Programmes present a range of research opportunities, shaped by a university’s particular expertise, facilities and resources. You will usually identify a suitable topic for your PhD and propose your own project. Additional training and development opportunities may also be offered as part of your programme.

Electro-mechanical Modelling and Control of Wave Energy Converters using MEGA-PTO

Modular power electronics for mega-pto, vortex induced vibration analysis of floating offshore wind dynamic power cables, using computer simulations to model the separation of circulating tumour cells from blood cells as an early diagnostic tool for cancer, physics-based mathematical modelling of water electrolyser.

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Applying to the PhD Program

What you need to know to apply

If you are intellectually curious and like to be challenged by new ideas and experiences, consider a Kellogg PhD. Our students shift from being consumers of knowledge to being producers of new knowledge. Through their publications and teaching, Kellogg graduates contribute to business practice and society.

Preparing to apply

Each year, Kellogg receives over 850 applications to its eight PhD programs. On average 25 students enroll each fall.

PhD study requires strong quantitative skills to develop theories and manage and analyze data. This program is especially well suited to those who have previously studied social sciences (such as economics, political science, psychology and sociology), mathematics, natural sciences or engineering.

To be eligible for admission, you must hold a U.S bachelor’s degree — or a comparable non-U.S. degree — from a regionally accredited institution. You may be considered for admission before you finish your undergraduate degree, but you must complete that degree before you enroll at Kellogg. A three-year bachelor’s degree is also accepted.

Application review

During the admissions process, we will evaluate your application file and how your research interests align with the research expertise of our faculty. Also included in our review is the strength of your recommendation letters, academic record, and performance on standardized tests. Your application will help us understand if you are ready to seize all the opportunities that come with joining Kellogg.

Our faculty will assess your:

• Application responses

Transcripts

• Test scores
• Letters of recommendation
• Writing sample (optional)

For international candidates, the committee also assesses:

• English language proficiency 

Master’s degree holders

A master’s degree is not required for enrollment in our PhD programs. For applicants with a master’s degree, note that the coursework taken in a master’s program will not shorten your time to degree. No transfer credit is provided with a master’s and students must satisfy their PhD coursework requirements in full while studying at Kellogg.

Opportunities for collaborative research across programs and schools at Northwestern University are always available; interdisciplinary research is our strength. However, Northwestern permits applicants to apply to one PhD program a year .

There is an exception through the dual application option with the Economics PhD Program, which is outlined below.

Academic experience

The Kellogg PhD Program offers eight distinct areas of focus, each with varying types of experience that are needed for success.

Economics-based PhD programs

• These include Accounting Information & Management, Finance, Financial Economics, Managerial Economics & Strategy, Operations Management, and Marketing (quantitative area)
• Evidence of solid training in math, econometrics and statistics within the application
• Recommended math courses include calculus, linear algebra, probability and mathematical statistics

Behavioral/Sociological-based PhD programs

• These programs include Marketing, Management & Organizations, and a joint program between Management & Organizations & Sociology
• Evidence of statistics for social scientists and quantitative thinking, as well as a strong understanding of central concepts of probability and statistics
• Background in social psychology and sociology

Dual application with Weinberg Economics

Applicants seeking to enroll in an economics-based doctoral program have the option to submit a second application for review to the Economics PhD Program. Kellogg PhD programs participating in this dual application option include, Accounting Information & Management, Finance, Managerial Economics & Strategy and Marketing (quantitative area).

More details about this option are available on The Graduate School website.

Financial aid

Kellogg offers a five-year financial aid package to all admitted doctoral students that includes a stipend, tuition scholarships, health insurance, moving allowance and a subsidy to purchase a computer.

Contact CollegeNET Technical support for help with its online application .

Get a sense for Kellogg faculty expertise, academic research and published work.

• Faculty directory
• Northwestern Scholars database
• To apply for a Kellogg PhD, you will need an updated version of your resume or CV, transcripts from all academic institutions, test scores, an academic statement, a personal statement and three recommendation letters.

How to write your application

Your resume or cv.

Your resume or CV should summarize all of your qualifications, honors, educational accomplishments, and if applicable, current research papers.

Please list all schools where you were registered for courses at the college level, including community colleges, study abroad institutions and current registrations whether or not in a degree program.

Provide one transcript from each college/university you have attended that documents each course taken beyond high-school level, whether or not within a degree program. Certification of degrees received, including the date the degree was awarded, should be noted on the transcript and/or diploma. Please note:

• The Kellogg PhD application requires unofficial transcripts . There is no need to send official transcripts prior to enrollment. Official transcripts are needed only if you decide to enroll
• For applicants who studied at international institutions, transcripts must be accompanied with an official English translation, if applicable

Form for courses taken

The Courses Taken form lets anyone applying to our economics-based programs highlight advanced university courses that directly support their chosen field of study and proficiency in the subject matter. The form allows for up to six advanced courses in each specific area. If you cannot access our form, you may create and upload a form that contains the same information in applicable areas of study.

Download the following forms if you plan to apply to one of these programs. Forms are required with your application submission:

• Accounting Information & Management
• Financial Economics
• Operations Management

If you plan to apply to either of these programs, we highly recommend you fill out one of these forms:

• Managerial Economics & Strategy
• Marketing (quantitative)

Standardized tests

All applicants are required to submit either the GRE or the GMAT regardless of previous experience and/or advanced degrees. We take a holistic approach to the application-review process, meaning there is no minimum score required for eligibility. Test scores are reviewed within the context of the entire application.

GRE required for:

• Management & Organizations & Sociology

GRE or GMAT required for:

• Management & Organizations

The Finance program prefers the GRE, but will accept the GMAT.

The GRE At Home and the GMAT Online exams are accepted. GRE and GMAT scores are valid for five years from the date taken. The institution code for GMAT is: 6WZ-3J-54 (PhD Program, Kellogg). The institution code for GRE is: 1565 (Northwestern Graduate School).

Unofficial test score reports are used during the application review process; however, official GRE and GMAT test scores are required if admission is recommended.

English language proficiency tests

If your native language is not English, The Graduate School requires that you certify proficiency in the English language in one of the following ways:

If your native language is not English, Northwestern requires that you certify proficiency in the English language in one of the following ways:

• TOELF:  We accept 600 or higher on the paper-based exam, 250 or higher on the computer-based exam, or 100 or higher on the Internet-based exam. TOEFL scores through at-home testing service are accepted. The TOEFL institution code is: 1565 (The Graduate School)
• IELTS:  Unofficial score report, submitted at the time of application, for the International English Language Testing System (IELTS) . The IELTS Academic test must be taken no more than two years before the intended quarter of entry (fall quarter). IELTS test takers should score 7.0 or higher. IELTS scores submitted through its at-home testing service are accepted
• MET:  We accept Michigan English Test scores of 70 or higher
• Earning an undergraduate or graduate degree from an accredited institution where the language of instruction is English. Please note, Kellogg provides the waiver after an application is submitted and transcripts have been reviewed. No additional documentation is required. Applicants will see the waiver noted within their online account
• Automatically Waived:  Applicants that are citizens from the following countries where English is the native language will have the requirement automatically waived upon submission of the application (Australia, Barbados, Bermuda, Great Britain, Gibraltar, Israel, Jamaica, New Zealand, Puerto Rico, Virgin Islands)

Standardized exams must be taken no more than two years before the intended quarter of entry. Unofficial scores are used during the review process. Official test scores are required only if admission is recommended.

DuoLingo or TOEFL Essentials are not accepted. Kellogg does not require the Test of Spoken English (TSE).

This is your opportunity to share the depth and breath of your academic education. In addition to the tactical and practical elements, think about how each experience helped you grow into the candidate you are today.

Academic statement 

You have a max limit of 1,000 words to answer the following questions:

• What are your academic interests, and why do you wish to pursue graduate studies in this specific program?
• How has your academic and professional background prepared you for graduate study? (Include any research, training, or educational experiences that align with the program you are applying to)
• How will our program help you achieve your intellectual and professional goals?
• What scholarly questions do you wish to explore in the program? (Make sure to include any specific faculty members whose research interests align with your own)

Personal statement 

Write a statement that addresses the following prompt (500 words max):

The Graduate School values diverse backgrounds, approaches, and perspectives, understanding them as essential ingredients for true academic excellence. As a Northwestern graduate student, how would you contribute to an intellectual community that prioritizes equity, inclusion, belonging and cultural humility?

Your answer may draw upon past or present experiences, whether in academic work, extracurricular or community activities, or everyday life.

While a paper is not required for admission to Kellogg’s PhD programs, the Sociology Department does require one, where the applicant is the sole-author, for consideration to the joint program in Management & Organizations and Sociology.

We do not require a writing sample to be submitted with the application; however, you may include one writing sample (30-page maximum) with your application. Hyperlink this paper and any other papers you have on your resume. *Please note: Only one writing sample will be reviewed. Do not upload more than one paper.

We require three letters. Additionally, we ask all recommenders to include Northwestern University’s Graduate Applicant Assessment Form found within the application. Recommendation letters from professors or instructors could include:

• A description of the nature of your relationship. Did you take one or more classes with the professor?
• A description of a research project or honors thesis, discussing the quality of the work, technical and writing skills, research methods used, data analysis, originality, depth of research undertaken, questions/problems raised, contribution to the field, etc.
• The letter should also provide a ranking — how you compared to other students

Recommendation letters from employers and business associates could include:

• Insights into your aptitude, character and working style — ability to work on your own, self-starter, complete a project on time, etc.
• Any research or data analysis you have done within the scope of your work

All letters must be submitted online through our web-based application, CollegeNET . Directions for uploading letters and accessing the Graduate Applicant Assessment Form will be sent to recommenders once the applicant has entered the contact information within the application. We are not able to accept recommendation letters by email.

A $95 non-refundable fee must be paid by credit or debit card within the online application. For those participating in the dual application option with the Economics PhD Program, the application fee is $175. The Graduate School (TGS) at Northwestern University administers the fee waiver program. If you wish to be considered for a fee waiver, please refer to The Graduate School’s website on Application Fees .

After you submit

You’ve invested time, energy and resources into completing your application, so no doubt you’ll want confirmation that your application was received. And we want you to have that peace of mind, too.

So, once you submit your application, you can log back into CollegeNet at any time to view the status and double check that all sections were successfully completed.

We welcome anyone who is interested in reapplying to the doctoral program. Additional time can frequently further cement your research goals and application strength. However, we are unable to provide specific application feedback if you applied in the past.

All candidates can reapply in future years, but you must submit a new application, supporting documents and application fee.

Application dates and deadlines

Application questions? We’re here to help

• Schools & departments

Climate Change Finance and Investment MSc

Awards: MSc

Study modes: Full-time

Funding opportunities

Programme website: Climate Change Finance and Investment

Introduction to Postgraduate Study at the University of Edinburgh

Join us online on 25 September to learn more about Scotland, the city of Edinburgh and postgraduate study at the University.

Find out more and register

Programme description

Our MSc in Climate Change Finance and Investment is dedicated to developing professionals in the field of low carbon finance and investment. Designed around an interdisciplinary foundation of carbon accounting, climate policy and financial economics, the programme will develop your skills and knowledge to help drive the trillions of dollars of new investment needed to face the climate emergency.

The MSc has an international focus, looking at the opportunities and challenges across different sectors, financial markets, and levels of national economic development.

Programme structure

Learning will primarily be through:

• set reading
• class discussions
• group-work assignments
• problem-solving in tutorials
• case studies

Assessment methods include examinations, assignments, presentations or continuous assessment.

• MSc Climate Change Finance and Investment programme structure

Find out more about compulsory and optional courses

We link to the latest information available. Please note that this may be for a previous academic year and should be considered indicative.

Learning outcomes

The programme is dedicated to professionals in the field of low carbon finance and investment, focusing on the financial flows driven by society's response to climate change, and is fundamentally interdisciplinary in nature.

By the end of the programme, you will be able to:

• explain and evaluate the current state of climate change science and key climate change policy initiatives
• understand how to incorporate environmental and climate issues in project finance in the energy sector
• describe and critically evaluate the structure and dynamics of the major global, regional and national-level carbon markets
• explain and apply practices and procedures of carbon accounting
• critically evaluate how governments provide and catalyse national and international climate finance

understand and apply methods for assessing climate risk and alignment with climate goals

MSc Climate Change Finance and Investment learning outcomes

Career opportunities

Industry opportunities.

The MSc in Climate Change Finance and Investment programme has a number of exciting partnerships with industry, consultants, government agencies and NGOs. Our strong connection to industry is embedded in the programme through guest lectures and the opportunity to engage with business figures.

• MSc Climate Change Finance and Investment industry opportunities

Career development

The explosion of climate change finance and investment has created a range of new types of business, professional careers and opportunities. Our dedicated Student Development Team within the Business School will be an integral part of your student experience from day one. We are here to help you become equipped to maximise your potential in the global market.

• MSc Climate Change Finance and Investment career development

Career outcomes

Graduates from the MSc in Climate Change Finance and Investment will typically pursue a career in climate change investment, carbon markets, consulting or carbon accounting.

Job titles of our recent graduates include:

• audit associate
• consultant analyst
• ESG research and models analyst
• head of green funding office
• international climate investment consultant
• private sector development manager
• research fellow
• responsible investment and engagement associate
• sustainability analyst

technical advisor (renewable energy)

MSc Climate Change Finance and Investment career outcomes

Choosing the Climate Change Finance and Investment Masters at the University of Edinburgh

Find out from Maurice, who studied Carbon Finance in 2018 (the precursor to CCFI), what it is like to live and study in Edinburgh.

Entry requirements

2024/25 entry requirements.

These entry requirements are for the 2024/25 academic year and requirements for future academic years may differ. Entry requirements for the 2025/26 academic year are published below.

Entrance to our MSc programmes is strongly competitive. You can increase your chances of a successful application by exceeding the minimum programme requirements.

• Important points to note when applying for this programme

Academic requirements

You will need a UK first-class or 2:1 honours degree in one of the subjects below, or its international equivalent.

• An undergraduate degree in business, economics, engineering or a social or physical science is normally required.
• Candidates with a very good Honours degree in other areas of study or relevant work experience will be considered on an individual basis

Supporting your application

• Relevant work experience is not required but may increase your chances of acceptance.
• Preference will be given to those with grades above the minimum requirements and/or relevant work experience due to strong competition for places on this programme.

If you do not meet the minimum academic requirement, you may still be considered if you have 2 or more years of relevant work experience. We may require you to complete the Graduate Management Admissions Test (GMAT) or Graduate Records Examination (GRE) which are internationally-recognised assessments of analytical, numerical and verbal reasoning.

If we require you to take GMAT, we would require a score of 600 as a minimum or 555 under the Focus edition. This equates to a performance in the 51st percentile under each format. For GRE we would require a score of 315 as a minimum to qualify for our Climate Change Finance and Investment MSc. The GMAT and GRE are not a compulsory part of the application process, but if you have a score that you wish to report to us then this would be welcomed.*

We will accept results from the GMAT Online exam.

• Official GMAT Exam website

*(Revised 24 October 2023 to provide equivalencies for the GMAT Focus edition.)

Students from China

This degree is Band A.

• Postgraduate entry requirements for students from China

2025/26 entry requirements

These entry requirements are for the 2025/26 academic year and requirements for future academic years may differ. Entry requirements for the 2026/27 academic year will be published on 10 July 2025.

If we require you to take a GMAT Exam, we would require a score of 555, this equates to a performance in the 51st percentile. We will also accept a score of 555 under the Focus Edition, or 600 under the previous GMAT Exam (10th Edition), providing your test is dated within 5 years. For GRE we would require a score of 315 as a minimum to qualify for our Climate Change Finance and Investment MSc. The GMAT and GRE are not a compulsory part of the application process, but if you have a score that you wish to report to us then this would be welcomed.*

(Revised 27 June 2024 to publish 2025/26 entry requirements.)

International qualifications

Check whether your international qualifications meet our general entry requirements:

• Entry requirements by country
• English language requirements

2024/25 English language requirements

Regardless of your nationality or country of residence, you must demonstrate a level of English language competency at a level that will enable you to succeed in your studies.

English language tests

We accept the following English language qualifications at the grades specified:

• IELTS Academic: total 7.0 with at least 6.0 in each component. We do not accept IELTS One Skill Retake to meet our English language requirements.
• TOEFL-iBT (including Home Edition): total 100 with at least 20 in each component. We do not accept TOEFL MyBest Score to meet our English language requirements.
• C1 Advanced ( CAE ) / C2 Proficiency ( CPE ): total 185 with at least 169 in each component.
• Trinity ISE : ISE III with passes in all four components.
• PTE Academic: total 70 with at least 59 in each component.

Your English language qualification must be no more than three and a half years old from the start date of the programme you are applying to study, unless you are using IELTS , TOEFL, Trinity ISE or PTE , in which case it must be no more than two years old.

Degrees taught and assessed in English

We also accept an undergraduate or postgraduate degree that has been taught and assessed in English in a majority English speaking country, as defined by UK Visas and Immigration:

• UKVI list of majority English speaking countries

We also accept a degree that has been taught and assessed in English from a university on our list of approved universities in non-majority English speaking countries (non-MESC).

• Approved universities in non-MESC

If you are not a national of a majority English speaking country, then your degree must be no more than five years old* at the beginning of your programme of study. (*Revised 05 March 2024 to extend degree validity to five years.)

2025/26 English language requirements

• PTE Academic: total 73 with at least 59 in each component. We do not accept PTE Academic Online.

If you are not a national of a majority English speaking country, then your degree must be no more than five years old at the beginning of your programme of study.

(Revised 27 June 2024 to publish English language requirements for 2025/26 entry.)

Find out more about our language requirements:

Fees and costs

Application fee.

This programme requires a non-refundable application fee.

You will need to pay this deposit within 28 days of receiving your offer of admission (either unconditional or conditional).

• £1,500 (this contributes towards your tuition fees)

Additional programme costs

See the programme website for more information on additional costs, as well as application fees and deposit payment.

• MSc Climate Change Finance and Investment - fees and living expenses

Living costs

You will be responsible for covering living costs for the duration of your studies. Below you can find a breakdown of the cost of living in Edinburgh and other studying costs to help you calculate your finances.

• Other studying and living costs

Tuition fees

Scholarships and funding, featured funding.

Business School scholarships

External Scholarships

UK government postgraduate loans

If you live in the UK, you may be able to apply for a postgraduate loan from one of the UK’s governments.

The type and amount of financial support you are eligible for will depend on:

• your programme
• the duration of your studies
• your tuition fee status

Programmes studied on a part-time intermittent basis are not eligible.

• UK government and other external funding

Other funding opportunities

Search for scholarships and funding opportunities:

• Search for funding

Further information

• Enquiry Management Team
• Phone: +44 (0)131 650 9663
• Contact: [email protected]
• Programme Director, Ian Cochran
• Phone: +44 (0)131 651 5547
• Contact: [email protected]
• University of Edinburgh Business School
• 29 Buccleuch Place
• Central Campus
• Programme: Climate Change Finance and Investment
• School: Business School
• College: Arts, Humanities & Social Sciences

Select your programme and preferred start date to begin your application.

MSc Climate Change Finance & Investment - 1 Year (Full-time)

Application deadlines.

Due to high demand, the School operates a number of selection deadlines. We will make a small number of offers to the most outstanding candidates on an ongoing basis, but hold the majority of applications until the next published selection deadline when we will offer a proportion of the places available to applicants selected through the competitive process described on the School website.

Full details on the admissions process and the selection deadlines are available on the Business School website:

• Admissions Strategy

Deadlines for applicants applying to study in 2024/25:

• How to apply

You must submit one reference with your application.

Find out more about the general application process for postgraduate programmes:

Masters in Finance and Investment

Combining up-to-the-minute theory with practical application, our carefully devised MSc in Finance and Investment will prepare you for a range of roles in either corporate or investment finance. By joining this Master’s degree, you will gain a global perspective on investment markets and company finance. You will also develop valuable knowledge and highly sought-after practical skills in the areas of investment, financial markets and company finance.

*The above rankings are for our Finance MSc, which this programme replaces.

Join the Masters of Change

My Masters enabled me to move into strategy consultancy in Blockchain technologies.

My life in Edinburgh studying on the MSc in Finance

From making new friends and mountain biking in the Pentlands to preparing for his future career, find out what Almar has enjoyed about studying at the University of Edinburgh.

Our MSc in Finance was ranked 8 th in the UK in the 2024 FT Masters in Finance Pre-experience rankings.

Entry requirements

Consult our entry requirements to find out the minimum academic and professional requirements, and for advice on how to build a strong application.

Programme structure

Browse an overview of the typical structure of the MSc Finance and Investment including comprehensive information on compulsory and option courses.

Career development

Our Student Development Team will support your career aspirations by focusing on key skills such as teamwork, networking, and job search strategies.

Fees and living expenses

When budgeting please consider associated administration fees and expenses as well as our funding support

Industry opportunities

Our strong connection to industry is embedded in the programme through guest lectures and the opportunity to engage with business figures.

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