Financial Forecasting & Investment, M.Sc.

  • Application Deadline
  • 12 months
  • Tuition
    Tuition (Year)
    Tuition (Year)
  • English (take IELTS)
The Centre for Economic and Financial Studies (CEFS) is part of the University of Glasgow Adam Smith Business School. CEFS covers research and postgraduate teaching at the juncture of the fields of Economics and Finance.
  • Overview
  • Programme outline
  • Key facts
  • Admission requirements
  • Fees and funding


The Adam Smith Business School has significant expertise in the field of international finance research and is ranked in the top 10% of institutions worldwide while staff member, Professor Ronald MacDonald, is ranked in the top 5% of authors in this area and in economics as a whole. The subject of Economics within the Adam Smith Business School is among the top 25% Economics Departments in the world (RePEc, January 2013). RAE 2008 ranks all research in Economics at Glasgow as being of international quality: 75% is considered to be world-leading and internationally excellent.

This Masters programme offers training in the key areas of financial analysis, forecasting and financial investment. It will provide you with an understanding of the underlying forces driving financial markets and the relevant analytical tools; the management of portfolios to optimise clients’ objectives; and the forecasting of the future behaviour of stocks, interest rates and exchange rates.

Career prospects

Suitable career paths when you graduate will be in financial institutions including central banks, investment banks as well as the International Monetary Fund and the World Bank; asset management firms; governmental bodies involved in financial decision-making; other organisations involved with financial transactions and the provision of finance; and the academic sector.

Programme Structure

Students on this Masters programme will take four core courses, two optional courses and complete a substantial independent piece of work, normally in the form of a dissertation.

Teaching is provided by lectures. Technical subjects are supported by weekly or fortnightly tutorials, which provide opportunities for you to engage with issues and questions in a group format. Some courses also involve lab sessions using specialised software, for instance in the study of econometrics or computational finance.

Core courses
  • Basic econometrics
  • Financial markets, securities and derivatives
  • Modelling and forecasting financial markets
  • Portfolio analysis and investment (co-requisite course for Advanced portfolio analysis).
Optional courses
  • Advanced portfolio analysis (Portfolio analysis and investment is a corequisite for this course)
  • Applied computational finance
  • C++ in finance (Mathematical finance is a corequisite for this course)
  • Corporate finance and investment
  • Economic fundamentals and financial markets
  • Empirical asset pricing (Basic econometrics or Portfolio analysis and investment or conomic fundamentals and financial markets are corequisites for this course)
  • Financial derivatives (Mathematical finance is a corequisite for this course)
  • Financial market micro structure
  • Foreign direct investment and development
  • Hedge fund risk management
  • International finance and money
  • International financial accounting for multinational companies (MNCs) (Accounting & Finance)
  • Investment, finance and asset prices
  • Mathematical finance (co-requisite course for Financial derivatives).

Detailed Programme Facts

    • Starting in

        Apply until:

      • EEA

    Always verify the dates on the programme website.

  • Duration full-time 12 months
  • Languages
    • English
  • Delivery mode
    On Campus
  • Educational variant Full-time

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Academic Requirements

Entry requirements

You should have at least a 2:1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) in Economics, Finance, Engineering, Physics or a related discipline including some credit-bearing courses in economics.

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.

Further information regarding academic entry

English language requirements

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

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: 92; no sub-test less than 20
Pre-sessional courses

The University of Glasgow accepts evidence of the required language level from the Language Centre Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

  • Language Centre, University of Glasgow
  • BALEAP guide to accredited courses

StudyPortals Tip: Students should consider taking one of the Pre-Master's below. these courses will be necessary if:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills
Search all Pre-Masters

Tuition Fee Per Year

  • GBP 18200 International
  • GBP 8750 EU/EEA
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