Entry Requirements

Is MSc Finance & Accounting right for me?

The MSc Finance & Accounting is an intensive programme, designed for those seeking a career in areas such as finance management accounting, equity research analysis, sales in investment banking, in the treasury department of a large corporate company, or at one of the Big Four.

Admission to the MSc Finance & Accounting programme is very competitive and the selection committee will pay close attention to all aspects of your application.

Please read the following guidance before submitting your application:

To apply for MSc Finance & Accounting, you should have a First or Upper Second Class Honours undergraduate degree from a recognised university or the international equivalent in a quantitative discipline such as:

  • Finance
  • Accounting
  • Economics
  • Mathematics
  • Engineering
  • Science
  • Business

There are no specific ‘A’ Level criteria, but many banks and companies in the financial sector have very strict grade requirements for their graduate programmes. We strongly recommend that you research the entry requirements of any companies you are interested in working for.

Prerequisite knowledge requirements

All students commencing the programme are expected to be proficient in probability, calculus, matrix algebra and real analysis.

You should use the ‘Quantitative Experience Statement’ on the application form to list the most advanced quantitative courses that you have taken in your academic career to date and to provide brief examples of the relevant topics covered by the programme.

GMAT/GRE

GMAT is not required for MSc Finance & Accounting, but a well-balanced GMAT result with 650 or higher overall will add weight to your application.

If your undergraduate degree is not in a highly mathematical discipline you will need to demonstrate your suitability with excellent results in your quantitative modules. Submitting a GMAT or GRE result is also highly recommended. A score of at least 48/60 in the quantitative section of GMAT, or at least 159 in the quantitative section of GRE will add weight to your application.

An understanding of the financial sector and well researched career goals are essential and should be demonstrated through your answers to the Career Planning Questions in the application form.

Career planning questions

In the career planning questions you will need to show you have thought about the type of employer you want to work for immediately after graduating and have researched your target organisation(s) and role. You will also need to demonstrate you have the necessary skills and experience to succeed in your chosen role. If planning to set up your own business, you will need to outline what expertise or product your business will deliver and that you have researched the market. Whilst we want our students to hit the ground running, we understand that you will also be looking to develop gaps in your skillset to prepare for your chosen career and you will need to address this in the career planning questions.

Internships and work experience

Work experience is not a requirement, although undertaking relevant internships and work placements and listing them in the ‘Industrial/Professional Experience’ section of your application form will add weight to your application.

Although there is not a strict limit on the amount of work experience that is accepted for the programme, candidates with more than three years of professional experience may wish to consider our Imperial MBA programme which offers core courses in the fundamental areas of business and the option to select a range of finance elective courses.

All programmes at Imperial College Business School are linguistically demanding, and therefore strong English language skills are critical to academic success on your MSc and in your future career. The English language entry requirements listed here are the minimum scores needed for admission, successful students typically demonstrate higher levels of achievement.

Candidates who are required to take an English test to meet the language requirement are strongly encouraged to take this before applying and supply their scores as part of the online application. A strong result in an approved English language test will add weight to your application.

A full list of acceptable English language qualifications and our required scores can be found on our detailed English language requirement page.

Most applicants meet the requirement in one of the following ways:

  • IELTS (academic): A minimum score of 7.0 with minimum scores of 6.5 in all elements
  • TOEFL iBT: A minimum score of 100 overall with minimum scores of 22 in all elements
  • Degree studied in and awarded by an English-speaking country AND successful performance in an English language interview, conducted by the Business School’s English language instructor, which would be arranged if you receive an offer.

Note:

  • IELTS and TOEFL scores are only valid if they are less than two years old on the programme start date.
  • TOEFL: You must meet the entry requirement in one test from your scaled scores (‘My Best Scores’ reported by TOEFL will not be considered). For more information regarding TOEFL please visit the ETS website. Please note if you would like ETS to send your TOEFL scores directly to the College, our TOEFL Institution Code is 0891.
  • The College defines English-speaking countries as: Australia, Canada, Guyana, Ireland, New Zealand, South Africa, United Kingdom, United States of America and West Indies. Holders of degrees from any other countries would not be considered for an interview.
Keith Bonjour

After doing an undergrad in Economics I wanted to deepen my knowledge of the finance sector in order to broaden my career horizons. Imperial College Business School is one of the highly ranked business schools in the UK. I chose Imperial due to the practical element in the courses.

Keith BonjourMSc Finance & Accounting 2015-16Hear more from Keith Bonjour