Behavioural Finance MSc

About the School of Economics and Finance (SEF):

  • 10th in the UK for research power in the latest Research Excellence Framework (REF 2014)
  • Close proximity to London’s financial districts (City of London and Canary Wharf)
  • Self-contained campus with on-site accommodation
  • State-of-the-art building
  • Teaching by research-active academics as well as visiting city professionals

About the Behavioural Finance MSc

  • Comprehensive training in finance
  • Special focus on behavioural economics (eg bounded rationality, overconfidence, 'nudging' people towards better decisions) and behavioural finance (eg mistakes in saving and investment, excess volume of trade, bubbles, predictability of financial markets)
  • Created in response to the popularity of behavioural economics and finance (eg Nobel Prize in Economic Sciences in 2002, 2013, and 2017 for work in these areas)
  • Optional, ungraded modules eg C++, Python, Matlab, financial trading on Bloomberg and other trading-room systems, technical analysis
  • Small number of students (10-25)
  • CFA pathway available which provides intensive preparation for CFA Level 1 exam
  • Compare with other MSc courses in SEF

Study options

Starting in
September 2020
Location
Mile End
Fees
UK/EU: £12,950
International: £19,850
Starting in
September 2020
Location
Mile End
Fees
UK/EU: £13,950
International: £20,850

What you'll study

Structure

  • Optional pre-semester modules in maths and statistics
  • Six compulsory taught modules
  • Three elective modules
  • Dissertation (7,000 words)

The CFA pathway is identical except that:

  • students attend  (often required by major employers in financial sector)
  • the dissertation is 4,000 words.

The course structure and modules are for 2019-20 entry. We are currently reviewing this for September 2020 entry.

Visit our Open Day

Visit our Open Day

Wednesday 18 March 2020

Book your place

Compulsory/Core modules

Corporate Finance

This module aims to develop your understanding of how firms raise external finance and design heir capital structure. n the first three lectures we will examine the assumption that the firm's cash flows are exogenous with respect to financial decisions. In his framework you will study the Modigliani- Miller theorems stating which conditions make capital structure irrelevant, and derive the optimal debt/equity mix in the presence of taxes and costly bankruptcy. The rest of the module addresses the issue of how a firm's financial and governance structure affects its value once information problems between firms' insiders and investors are taken nto account. We first focus on the incentives of he firm's insiders and study how capital structure impacts their agency relationship with outside investors; we then turn to outsiders' incentives, recognising that investors play an mportant monitoring role in the firms they fund. We then study models linking security returns and control rights. Finally, the interaction between firms' financial decisions and product market behaviour is addressed.

Behavioural Finance

The purpose of this module is to develop students understanding of the theoretical underpinnings of behavioural finance, the empirical research surveyed in this area and the implementation of investment strategies based on the behavioural finance approach. To compare and contrast the assumptions behind modern financial economics with behavioural finance. Prerequisites: ECOM 050 Investment Management

Investments

This course introduces students to the key principles in asset pricing and investment management. IT covers 1) risk, return and portfolio construction 2) Equity markets and pricing 3) Fixed Income markets and the term structure of interest rates 4) introduction to derivatives makrets 5) Applied security analysis 6) Applied portfolio management

Econometrics for Finance

The module will cover fundamental methods for the empirical analysis of financial data. Some prior knowledge of general econometrics will be assumed, and the focus will be on building an understanding of the ideas behind, and the application of, those methods that are most heavily relied upon in the empirical analysis of financial data. A majority of the topics treated will be related to empirical asset pricing and portfolio choice, although other areas of finance will also be covered.

Behavioural Economics

There is mounting evidence that people violate many of the "rationality" assumptions of mainstream economics. Behavioural Economics is a relatively new field that studies such violations and proposes theories to explain them. Key topics include the susceptibility of behaviour to "irrelevant" factors, biases in judgment under uncertainty, overconfidence, dynamic inconsistency, other-regarding preferences, fairness, and departures from the standard game-theoretic notion of Nash equilibrium.

Dissertation

This 45 credit dissertation will replace the existing 30 credit dissertation. The dissertation is expected to have a 7000 word length limit.

Applied Finance with Eviews

The content of the course is: 1) Evaluate the impact of stock market movements on monetary policies decision through the application of OLS estimator, Testing Hypotheses and specification Tests; 2) evaluate the stationary properties of variables through the study and the application of unit root tests;3) assess the degree of competition in the banking sector and the sensitivity of firm's investments to the amount of cash flow through the usage of appropriate panel data models (both fixed and random and dynamic); 4) Study the volatility of financial market through the usage of ARCH/GARCH family models; 5) Evaluate the determinants on the probability of a firm of being financially constrained through the application of limited dependent variable models.

Elective modules

Alternative Investments

This thirty-hour optional module provides a thorough overview of recent developments in investment strategies including a description of the peculiarities of alternative asset classes. The main emphasis will be on the various complementary investment vehicles, methods and industries, namely commodities, real estate and hedge funds. The first part of the course concentrates on commodities, metals, energy and agriculture. The second part of the course focuses on alternative real estate financing and investment vehicles. The third part of the course offers an analysis of hedge fund strategies. The final part of the course provides an overview of additional alternative investments such as socially responsible funds, microfinance funds and other alternative investments.

Project Finance

This course is aimed at providing the students with an understanding of i) what project finance is, ii) how banks structure and execute a project finance transaction and iii) financial modelling with particular emphasis on sizing project finance debt. The course will be structured mirroring the steps a bank would typically follow to execute a transaction, from termsheet negotiation to financial close.

Asset Management

The purpose of this module is to provide students with practical application of modern portfolio theory and asset pricing, including active portfolio management, portfolio performance evaluation, portfolio insurance, and international portfolio diversification. On the successful completion of the module students will know how to practically implement modern portfolio management strategies and will be familiar with the practical aspects of asset valuation. Prerequisites: ECOM050 or ECOM043

Topics in Financial Econometrics

The module builds upon ECOM037 Quantitative Techniques and ECOM053 Quantitative Techniques for Finance, which serve as alternative prerequisites. It will reaffirm the student's understanding of the classical techniques of regression analysis, which will be extended to encompass panel data modelling. The module will also treat the techniques of time-series modelling. It will begin by analysing the classical linear stochastic models that are formulated in discrete time. It will proceed to analyse the models in continuous time that are a feature of modern financial analysis.

Applied Wealth Management

This course introduces concepts in wealth management to be able to comprehend recent developments in the regulatory economics framework behind wealth management. The course will start at a level that is appropriate for students with an economics background enabling them to master the understanding of relevant regulatory framework,. It will start with the basic building blocks, i.e. regulatory environment, conduct of busines rules, cash management, financial products etc., and move on to more applied topics, i.e. retirement planning, financial assets and markets etc.

Real Estate Finance

Residential and commercial real estate is fundamental to bank lending and has become increasingly important as an asset class for investment banks and hedge funds. Its role at the centre of the financial system was highlighted by the 2008-09 financial crisis where problems in that sector led to the largest global recession since the great depression. This module aims to provide students with concepts and techniques for analysing real estate investment and financing decisions. The module covers mortgages and debt securitisation (secondary mortgages and mortgage-backed securities like CDO's), real estate investment appraisal and risk assessment, financial leverage in real estate, and alternative financing and investment vehicles, such as real estate investment trusts (REITs).

Financial Derivatives

The purpose of this module is to provide students with the theory and practice of pricing and hedging derivative securities. These include forward and futures contracts, swaps, and many different types of options. This module covers diverse areas of derivatives, such as equity and index derivatives, foreign currency derivatives and commodity derivatives, as well as interest rate derivatives. This module also addresses the issue of how to incorporate credit risk into the pricing and risk management. All the relevant concepts are discussed based on the discrete time binomial model and the continuouse time Black-Scholes model. The extensions of the Lack-Scholes model are also discussed.

Cases in Corporate Finance

This module will address both the theoretical and practical questions of issues such as: how to value companies; recapitalisation, bankruptcy and distress; optimal capital structure; corporate liquidity; raising equity and debt capital; payout policy; investment under constraints, and the use of decision trees, simulations, and real options.

Bond Market Strategies

Bond markets are a critical part of the global financial system. This module explores global bond markets from a practitioner perspective. The module is designed to help students learn key bond market mathematics, identify value and understand the key risks. The module will explore how bond market strategies can be employed to capture value, create portfolios and meet specific investment objectives. The course also links core material with topical issues in global bond markets, showing students the critical importance of bond markets for the banking system, the wider financial system, the economy and government policymaking.

Strategic Asset Allocation

Almost all investment management firms make a distinction between strategic and tactical asset allocation. Strategic allocation focuses on broad asset classes, longer term trends and portfolio constraints whilst tactical allocation tends to be shorter term and focused on allocation between individual assets rather than asset classes. This course focuses on the process of Strategic allocation introducing concepts such as smart beta and asset liability management as well as detailed models like Black-Litterman that are used in this type of allocation.

Private Equity and Venture Capital

This practical module will provide a deep insight into the landscape and practices in private equity (PE) and venture capital (VC). The course will combine sound academic theory with practice and will incorporate a PEVC ecosystem analysis, a review of the main fund and deal lifecycle processes, practical exercises in the art and science of valuation, growth strategies in portfolio management, a 360o pitching simulation (both as an investor and investee) and a review of the latest trends and complexities in the world of fund management, start-ups, scale ups, ¿unicorns¿ and PE leveraged buyouts.

Advanced Asset Pricing and Modelling

The aim of this module is to provide students with the analytical tools of advanced finance theory. The module will give an introduction to stochastic calculus, optimal control and martingale methods, and will cover dynamic asset pricing models, optimal consumption and portfolio theory, equilibrium models of the term structure of interest rates, option pricing of interest rates and stocks based on arbitrage and general equilibrium models, incomplete markets and portfolio optimisation in incomplete markets. Prerequisites: ECOM043 Quantitative Asset Pricing

For the CFA pathway there is the additional CFA Training compulsory module. View the full list of postgraduate modules available across the School of Economics and Finance but please note some modules maybe subject to change.

Assessment

For the standard pathway you'll be assessed by 75% taught modules and 25% by your dissertation. 

For the CFA pathway you'll be assessed by 83% taught modules and 17% by your dissertation.

Teaching

Dr Omiros Sarikas

Dr Sarkias has worked in London, Zurich, and New York, where he completed landmark engagements for funds and investment banks. He has received over a dozen awards including CEO of the Year. He holds the Freedom of the City of London and serves as Liveryman (International Bankers) and RSA Fellow.

Where you'll learn

Facilities

  • State-of-the-art building
  • Virtual trading room with Reuters and Bloomberg trading terminals, Interactive Brokers Trader Workstation (TWS), and FXCM FX Trading Station

Find out more

Campus

Our new Graduate Centre on Mile End campus
Our new Graduate Centre on Mile End campus

About the School

The School of Economics and Finance

  • 10th in the UK for research power in the latest Research Excellence Framework (REF 2014)
  • Has around 1,000 masters students from all over the world
  • Recognised by the Chartered Institute for Securities and Investment (CISI) as a Centre of Excellence
  • Part of the CFA Institute’s University Affiliation Program
  • Offers access to a limited number of CFA student scholarships consisting of waived CFA program enrolment fee and reduced CFA exam fee
  • Part of the CFA Institute’s Research Challenge, where a team of students show their analytical and presentation skills in a competition against teams from other UK and international universities
  • Runs investment fund QUMMIF investing real money (currently £30,000) based on analysis from students
Contact us

School of Economics and Finance

Career paths

Our graduates go on to a wide range of careers in financial sector, especially as analysts, traders or portfolio managers in investment banks, hedge funds or pension funds. Others have careers in public policy or marketing.

Previous graduates have progressed to careers such as:

  • Business development manager
  • Finance and investment analysts
  • Project management professionals. 

At organisations such as:

  • BMS
  • Ernst & Young
  • Aviation Skills Partnership.

Our dedicated careers team offers students one-on-one appointments, support with job applications, practice interviews, information about internship opportunities, and employability events.

Fees and Funding

Full-time study

September 2020 | 1 year

  • Home and EU: £12,950
  • International: £19,850

Full-time study (CFA Pathway)

September 2020 | 1 year

  • Home and EU: £13,950
  • International: £20,850

Queen Mary alumni get a £1,000 discount on their fees. Find out more

Funding

There are a number of ways you can fund your postgraduate degree.

Our Advice and Counselling service offers specialist support on financial issues, which you can access as soon as you apply for a place at Queen Mary. Before you apply, you can access our funding guides and advice on managing your money:

Entry Requirements

UK

Degree requirements

A 2:1 or above at undergraduate level in any subject. Students must have a good existing level of Mathematics and Statistics.

Find out more about how to apply for our postgraduate taught courses.

International

Afghanistan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Master Degree from a recognised institution.

UK 1st class degree: 90%; or GPA 3.7 out of 4.0
UK 2:1 degree: 80%; or GPA 3.0 out of 4.0
UK 2:2 degree: 70%; or GPA 2.4 out of 4.0

Albania
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 8 out of 10
UK 2:2 degree: 7 out of 10

Algeria
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licence; Diplome de [subject area]; Diplome d'Etudes Superieures; Diplome de Docteur end Pharmacie; or Diplome de Docteur en Medecine from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Angola
We normally consider the following qualifications for entry to our postgraduate taught programmes: Grau de Licenciado/a (minimum 4 years) from selected institutions.

UK 1st class degree: 17 out of 20
UK 2:1 degree: 15 out of 20
UK 2:2 degree: 13 out of 20

Argentina
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo/ Grado de Licenciado/ Titulo de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 9 out of 10
UK 2:1 degree: 7.5 out of 10
UK 2:2 degree: 6.5 out of 10

Armenia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Specialist Diploma from a recognised institution.

UK 1st class degree: 87 out of 100
UK 2:1 degree: 75 out of 100
UK 2:2 degree: 61 out of 100

Australia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) or Bachelor Honours degree from a recognised institution.

UK 1st class degree: High Distinction; or First Class with Honours
UK 2:1 degree: Distinction; or Upper Second Class with Honours
UK 2:2 degree: Credit; or Lower Second Class with Honours

Austria
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 1.5 out of 5.0
UK 2:1 degree: 2.5 out of 5.0
UK 2:2 degree: 3.5 out of 5.0

The above relates to grading scale where 1 is the highest and 5 is the lowest.

Azerbaijan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Specialist Diploma from a recognised institution.

UK 1st class degree: 90%; or GPA 4.7 out of 5
UK 2:1 degree: 80%; or GPA 4 out of 5
UK 2:2 degree: 70%; or GPA 3.5 out of 5

Bahamas
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from the University of West Indies.

UK 1st class degree: First Class Honours
UK 2:1 degree: Upper Second Class Honours
UK 2:2 degree: Lower Second Class Honours

Bahrain
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0; or 90 out of 100
UK 2:1 degree: GPA 3.0 out of 4.0; or 80 out of 100
UK 2:2 degree: GPA 2.3 out of 4.0; or 74 out of 100

Bangladesh
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) from selected institutions.

UK 1st class degree: GPA 3.2 to 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 to 3.3 out of 4.0
UK 2:2 degree: GPA 2.3 to 2.7 out of 4.0

Offer conditions will vary depending on the institution you are applying from.  For some institutions/degrees we will ask for different grades to above, so this is only a guide. 

Barbados
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from the University of West Indies, Cave Hill or Barbados Community College.

UK 1st class degree: First Class Honours*; or GPA 3.7 out of 4.0**
UK 2:1 degree: Upper Second Class Honours*; or GPA 3.0 out of 4.0**
UK 2:2 degree: Lower Second Class Honours*; or GPA 2.4 out of 4.0**

*relates to: the University of West Indies, Cave Hill.

**relates to: Barbados Community College.

Belarus
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Specialist Diploma (minimum 4 years) from a recognised institution.

UK 1st class degree: 9 out of 10; or 4.7 out of 5
UK 2:1 degree: 7 out of 10; or 4 out of 5
UK 2:2 degree: 5 out of 10; or 3.5 out of 5

Belgium
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (180 ECTS credits) from a recognised institution.

UK 1st class degree: 80% or 16/20*; or 78%**
UK 2:1 degree: 70% or 14/20*; or 72%**
UK 2:2 degree: 60% or 12/20*; or 65%**

*Flanders (Dutch-speaking)/ Wallonia (French-speaking)
**German-speaking

Belize
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from the University of West Indies.

UK 1st class degree: First Class Honours
UK 2:1 degree: Upper Second Class Honours
UK 2:2 degree: Lower Second Class Honours

Benin
We normally consider the following qualifications for entry to our postgraduate taught programmes: Maitrise or Masters from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Bolivia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo de Bachiller Universitario or Licenciado / Titulo de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 85%* or 80%**
UK 2:1 degree: 75%* or 70%**
UK 2:2 degree: 65%* or 60%**

*relates to: Titulo de Bachiller Universitario

**relates to: Licenciado / Titulo de [subject area] 

Bosnia and Herzegovina
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 8.5 out of 10
UK 2:2 degree: 7.5 out of 10

Botswana
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 5 years) or Master Degree from the University of Botswana.

UK 1st class degree: 80%
UK 2:1 degree: 70%
UK 2:2 degree: 60%

Brazil
We normally consider the following qualifications for entry to our postgraduate taught programmes: Título de Bacharel / Título de [subject area] or Título de Licenciado/a (minimum 4 years) from a recognised institution.

UK 1st class degree: 8.25 out of 10
UK 2:1 degree: 7.5 out of 10
UK 2:2 degree: 6.5 out of 10

The above grades assumes that the grading scale has a pass mark of 5.

Brunei
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Honours degree from a recognised institution.

UK 1st class degree: First Class Honours
UK 2:1 degree: Upper Second Class Honours
UK 2:2 degree: Lower Second Class Honours

Bulgaria
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 5.75 out of 6.0
UK 2:1 degree: 4.75 out of 6.0
UK 2:2 degree: 4.0 out of 6.0

Burundi
We normally consider the following qualifications for entry to our postgraduate taught programmes: Diplome d'Etudes Approfondies from a recognised institution.

UK 1st class degree: 85%; or 16 out of 20
UK 2:1 degree: 75%; or 14 out of 20
UK 2:2 degree: 60%; or 12 out of 20

Cambodia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: 80%; or GPA 3.5 out of 4.0
UK 2:1 degree: 70%; or GPA 3.0 out of 4.0
UK 2:2 degree: 60%; or GPA 2.35 out of 4.0

Cameroon
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree; Licence; Diplome d'Etudes Superieures de Commerce; Diplome d'Ingenieur de Conception/ Travaux; Doctorat en Medecine/ Pharmacie; or Maitrise or Master 1 from selected institutions.

UK 1st class degree: 16 out of 20; or GPA 3.6 out of 4.0
UK 2:1 degree: 14 out of 20; or GPA 3.0 out of 4.0
UK 2:2 degree: 12 out of 20; or GPA 2.5 out of 4.0

Canada
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Bachelor Honours Degree from a recognised institution.

UK 1st class degree: GPA 3.6 out of 4.0
UK 2:1 degree: GPA 3.2 out of 4.0
UK 2:2 degree: GPA 2.5 out of 4.0

Chile
We normally consider the following qualifications for entry to our postgraduate taught programmes: Grado de Licenciado en [subject area] or Titulo (Professional) de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 6.5 out of 7
UK 2:1 degree: 5.5 out of 7
UK 2:2 degree: 5 out of 7

China
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) from selected institutions.

UK 1st class degree: 85 to 95%
UK 2:1 degree: 75 to 85%
UK 2:2 degree: 70 to 80%

Offer conditions will vary depending on the institution you are applying from.  Generally, we do not accept applications from students studying at Affiliate Colleges.

Colombia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licenciado en [subject area] or Titulo de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 4.60 out of 5.00
UK 2:1 degree: 4.00 out of 5.00
UK 2:2 degree: 3.50 out of 5.00

Congo, Dem. Rep. of
We normally consider the following qualifications for entry to our postgraduate taught programmes: Diplome d'Etudes Approfondies or Diplome d'Etudes Speciales from a recognised institution.

UK 1st class degree: 16 out of 20; or 90%
UK 2:1 degree: 14 out of 20; or 80%
UK 2:2 degree: 12 out of 20; or 70%

Congo, Rep. of
We normally consider the following qualifications for entry to our postgraduate taught programmes: Diplome d'Etudes Superieures or Maitrise from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Costa Rica
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachiller or Licenciado from a recognised institution.

UK 1st class degree: 9 out of 10
UK 2:1 degree: 8 out of 10
UK 2:2 degree: 7.5 out of 10

Croatia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Advanced Diploma of Higher Education Level VII/1 (Diploma - Visoko obrazovanje) from a recognised institution.

UK 1st class degree: 4.5 out of 5
UK 2:1 degree: 4 out of 5
UK 2:2 degree: 3 out of 5

Cuba
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo de Licenciado/ Arquitecto/ Doctor/ Ingeniero from a recognised institution.

UK 1st class degree: 4.7 out of 5
UK 2:1 degree: 4 out of 5
UK 2:2 degree: 3.5 out of 5

Cyprus
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 8 out of 10; or GPA 3.7 out of 4.0
UK 2:1 degree: 7.0 out of 10; or GPA 3.0 out of 4.0
UK 2:2 degree: 6.0 out of 10; or GPA 2.5 out of 4.0

Czech Republic
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (180 ECTS credits) from a recognised institution.

UK 1st class degree: 1.2 out of 4
UK 2:1 degree: 1.5 out of 4
UK 2:2 degree: 2.5 out of 4

The above relates to grading scale where 1 is the highest and 4 is the lowest.

Denmark
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor degree from a recognised institution.

UK 1st class degree: 12 out of 12 (2007 onwards); or 11 out of 13 (before 2007)
UK 2:1 degree: 7 out of 12 (2007 onwards); or 8 out of 13 (before 2007)
UK 2:2 degree: 4 out of 12 (2007 onwards); or 7 out of 13 (before 2007)

Dominican Republic
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licenciado/ Titulo de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 95/100
UK 2:1 degree: 85/100
UK 2:2 degree: 78/100

Ecuador
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo de Licenciado / Titulo de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 90%; or 9/10; or 19/20; or GPA 3.7 out of 4.0
UK 2:1 degree: 80%; or 8/10; or 18/20; or GPA 3.0 out of 4.0
UK 2:2 degree: 70%; or 7/10; or 14/20; or GPA 2.4 out of 4.0

Egypt
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from selected institutions.

UK 1st class degree: 85%; or GPA 3.7 out of 4
UK 2:1 degree: 75%; or GPA 3.0 out of 4
UK 2:2 degree: 65%; or GPA 2.5 out of 4

El Salvador
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licenciado/ Titulo de [subject area] (minimum 5 years) from a recognised institution.

UK 1st class degree: 8.5 out of 10
UK 2:1 degree: 7.5 out of 10
UK 2:2 degree: 6.5 out of 10

Eritrea
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.4 out of 4.0

Estonia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree; University Specialist's Diploma; or Professional Higher Education Diploma from a recognised institution.

UK 1st class degree: 4.5 out of 5
UK 2:1 degree: 3.5 out of 5
UK 2:2 degree: 2 out of 5

The above grades assumes that 1 is the pass mark. 

Eswatini
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: 80%
UK 2:1 degree: 70%
UK 2:2 degree: 60%

Ethiopia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.5 out of 4.0

Fiji
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from one of the following institutions: Fiji National University, the University of Fiji, or the University of South Pacific, Fiji.

UK 1st class degree: GPA 4.0 out of 5.0*; or overall grade A with High Distinction pass**; or GPA 4.0 out of 4.5***
UK 2:1 degree: GPA 3.33 out of 5.0*; or overall grade B with Credit pass**; or GPA 3.5 out of 4.5***
UK 2:2 degree: GPA 2.33 out of 5.0*; or overall grade S (Satisfactory)**; or GPA 2.5 out of 4.5***

*relates to Fiji National University

**relate to the University of Fiji

***relates to the University of South Pacific, Fiji

Finland
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree/ Kandidaatti/ Kandidat (minimum 180 ECTS credits) from a recognised institution; or Bachelor degree (Ammattikorkeakoulututkinto/ Yrkeshögskoleexamen) from a recognised University of Applied Sciences.

UK 1st class degree: 4.5 out of 5; or 2.8 out of 3
UK 2:1 degree: 3.5 out of 5; or 2 out of 3
UK 2:2 degree: 2.5 out of 5; or 1.4 out of 3

France
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licence; Grade de Licence; Diplome d'Ingenieur; or Maitrise from a recognised institution.

UK 1st class degree: 14 out of 20
UK 2:1 degree: 12 out of 20
UK 2:2 degree: 11 out of 20

Gambia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: 80%; or GPA 4.0 out of 4.3
UK 2:1 degree: 67%; or GPA 3.3 out of 4.3
UK 2:2 degree: 60%; or GPA 2.7 out of 4.3

Georgia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Specialist Diploma (minimum 4 years) from a recognised institution.

UK 1st class degree: 91 out of 100; or 4.7 out of 5
UK 2:1 degree: 81 out of 100; or 4 out of 5
UK 2:2 degree: 71 out of 100; or 3.5 out of 5

Germany
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (180 ECTS credits) from a recognised institution.

UK 1st class degree: 1.5 out of 5.0
UK 2:1 degree: 2.5 out of 5.0
UK 2:2 degree: 3.5 out of 5.0

The above relates to grading scale where 1 is the highest and 5 is the lowest.

Ghana
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: First Class
UK 2:1 degree: Second Class (Upper Division)
UK 2:2 degree: Second Class (Lower Division)

Greece
We normally consider the following qualifications for entry to our postgraduate taught programmes: Degrees from recognised selected institutions in the University sector or Degrees (awarded after 2003) from recognised Technological Educational Institutes.

UK 1st class degree: 8 out of 10*; or 9 out of 10**
UK 2:1 degree: 7 out of 10*; or 7.5 out of 10**
UK 2:2 degree: 6 out of 10*; or 6.8 out of 10**

*Relates to degrees from the University Sector.
**Relates to degrees from Technological Educational Institutes.

Grenada
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from the University of West Indies.

UK 1st class degree: First Class Honours
UK 2:1 degree: Upper Second Class Honours
UK 2:2 degree: Lower Second Class Honours

Guatemala
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licenciado / Titulo de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 90%
UK 2:1 degree: 80%
UK 2:2 degree: 70%

The above grades assumes that the pass mark is 61% or less.

Guinea
We normally consider the following qualifications for entry to our postgraduate taught programmes: Master; Maitrise; Diplome d'Etudes Superieures; or Diplome d'Etudes Approfondies from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Guyana
We normally consider the following qualifications for entry to our postgraduate taught programmes: Graduate Diploma (Postgraduate) or Masters degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.4 out of 4.0

Honduras
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo de Licenciado/a / Grado Academico de Licenciatura (minimum 4 years) from a recognised institution.

UK 1st class degree: 90%; or 4.7 out of 5; or GPA 3.7 out of 4.0
UK 2:1 degree: 80%; or 4.0 out of 5; or GPA 3.0 out of 4.0
UK 2:2 degree: 70%; or 3.5 out of 5; or GPA 2.4 out of 4.0

Hong Kong
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Honours Degree from selected institutions.

UK 1st class degree: First Class Honours
UK 2:1 degree: Upper Second Class Honours
UK 2:2 degree: Lower Second Class Honours

Hungary
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor degree (Alapfokozat) or University Diploma (Egyetemi Oklevel) from a recognised institution.

UK 1st class degree: 4.75 out of 5
UK 2:1 degree: 4 out of 5
UK 2:2 degree: 3.5 out of 5

Iceland
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor degree (Baccalaureus or Bakkalarprof) from a recognised institution.

UK 1st class degree: 8.25 out of 10
UK 2:1 degree: 7.25 out of 10
UK 2:2 degree: 6.5 out of 10

India
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from selected institutions.

UK 1st class degree: 70% to 80%
UK 2:1 degree: 60% to 70%
UK 2:2 degree: 50% to 60%

Offer conditions will vary depending on the institution you are applying from.  For some institutions/degrees we will ask for different grades to above, so this is only a guide.  

For India, offers may be made on the GPA scale.

We do not consider the Bachelor of Vocation (B. Voc.) for Masters entry.

Indonesia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Sarjna I (S1) Bachelor Degree or Diploma IV (D4) (minimum 4 years) from selected degree programmes and institutions.

UK 1st class degree: GPA 3.6 to 3.8 out of 4.0
UK 2:1 degree: GPA 3.0 to 3.2 out of 4.0
UK 2:2 degree: GPA 2.67 to 2.8 out of 4.0

Offer conditions will vary depending on the institution you are applying from and the degree that you study.

Iran
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 17.5 to 18.5 out of 20
UK 2:1 degree: 15 to 16 out of 20
UK 2:2 degree: 13.5 to 14 out of 20

Offer conditions will vary depending on the institution you are applying from.  

Iraq
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) from a recognised institution.

UK 1st class degree: 85 out of 100
UK 2:1 degree: 75 out of 100
UK 2:2 degree: 60 out of 100

Ireland
We normally consider the following qualifications for entry to our postgraduate taught programmes: Honours Bachelor Degree from a recognised institution.

UK 1st class degree: First Class Honours
UK 2:1 degree: Second Class Honours Grade I
UK 2:2 degree: Second Class Honours Grade II

Israel
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 90%
UK 2:1 degree: 80%
UK 2:2 degree: 65%

Italy
We normally consider the following qualifications for entry to our postgraduate taught programmes: Laurea (180 ECTS credits) from a recognised institution.

UK 1st class degree: 110 out of 110
UK 2:1 degree: 105 out of 110
UK 2:2 degree: 94 out of 110

Cote D’ivoire (Ivory Coast)
We normally consider the following qualifications for entry to our postgraduate taught programmes: Diplome d'Ingenieur; Doctorat en Medicine; Maitrise; Master; Diplome d'Etudes Approfondies; or Diplome d'Etudes Superieures Specialisees from selected institutions.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Jamaica
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from the University of West Indies (UWI) or a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0; or First Class Honours from the UWI
UK 2:1 degree: GPA 3.0 out of 4.0; or Upper Second Class Honours from the UWI
UK 2:2 degree: GPA 2.4 out of 4.0; or Lower Second Class Honours from the UWI

Japan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from selected institutions.

UK 1st class degree: S overall* or A overall**; or 90%; or GPA 3.70 out of 4.00
UK 2:1 degree: A overall* or B overall**; or 80%; or GPA 3.00 out of 4.00
UK 2:2 degree: B overall* or C overall**; or 70%; or GPA 2.3 out of 4.00

*Overall mark is from the grading scale: S, A, B, C (S is highest mark)
**Overall mark is from the grading scale: A, B, C, D (A is highest mark)

Jordan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 85%; or GPA of 3.7 out of 4.0
UK 2:1 degree: 75%; or GPA of 3.0 out of 4.0
UK 2:2 degree: 70%; or GPA of 2.5 out of 4.0

Kazakhstan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Specialist Diploma from a recognised institution.

UK 1st class degree: 3.8 out of 4.0/4.33; or 4.7 out of 5
UK 2:1 degree: 3.33 out of 4.0/4.33; or 4.0 out of 5
UK 2:2 degree: 2.67 out of 4.0/4.33; or 3.5 out of 5

Kenya
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) from a recognised institution.

UK 1st class degree: First Class Honours; or GPA 3.6 out of 4.0
UK 2:1 degree: Second Class Honours Upper Division; or GPA 3.0 out of 4.0
UK 2:2 degree: Second Class Honours Lower Division; or GPA 2.4 out of 4.0

Kosovo
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 8.5 out of 10
UK 2:2 degree: 7.5 out of 10

Kuwait
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.67 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.67 out of 4.0

Kyrgyzstan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Specialist Diploma (minimum 4 years) from a recognised institution.

UK 1st class degree: 4.7 out of 5; or GPA 3.7 out of 4
UK 2:1 degree: 4.0 out of 5; or GPA 3.0 out of 4
UK 2:2 degree: 3.5 out of 5; or GPA 2.4 out of 4

Laos
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.4 out of 4.0

Latvia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (awarded after 2002) from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 7.5 out of 10
UK 2:2 degree: 6 out of 10

Lebanon
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree; Licence; or Maitrise from a recognised institution.

UK 1st class degree: 90% or Grade A; or GPA 3.7 out of 4.0; or 16 out of 20 (French system)
UK 2:1 degree: 80% or Grade B; or GPA 3.0 out of 4.0; or 13 out of 20 (French system)
UK 2:2 degree: 70% or Grade C; or GPA 2.5 out of 4.0; or 12 out of 20 (French system)

Lesotho
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Honours Degree (minimum 5 years total HE study); Masters Degree or Postgraduate Diploma from selected institutions.

UK 1st class degree: 80%
UK 2:1 degree: 70%
UK 2:2 degree: 60%

Liberia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: 90% or GPA 3.7 out of 4.0
UK 2:1 degree: 80% or GPA 3.0 out of 4.0
UK 2:2 degree: 70% or GPA 2.4 out of 4.0

Libya
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from selected institutions.

UK 1st class degree: 85%; or 3.7 out of 4.0 GPA
UK 2:1 degree: 75%; or 3.0 out of 4.0 GPA
UK 2:2 degree: 65%; or 2.6 out of 4.0 GPA

Liechtenstein
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (180 ECTS credits) from a recognised institution.

UK 1st class degree: 5.6 out of 6.0
UK 2:1 degree: 5.0 out of 6.0
UK 2:2 degree: 4.4 out of 6.0

Lithuania
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 180 ECTS credits) from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 8 out of 10
UK 2:2 degree: 7 out of 10

Luxembourg
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Macau
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (Licenciatura) (minimum 4 years) from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.5 out of 4.0

Macedonia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Diploma of Completed Higher Education - Level VII/1 or Bachelor Degree from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 8.5 out of 10
UK 2:2 degree: 7 out of 10

Madagascar
We normally consider the following qualifications for entry to our postgraduate taught programmes: Maîtrise; Diplome d'Ingenieur; Diplôme d'Etat de Docteur en Médecine; Diplôme d’Etat de Docteur en Chirurgie Dentaire; Diplôme d'Études Approfondies; Diplôme de Magistère (Première Partie) – also known as Master 1; or Diplôme de Master – also known as Master 2 from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Malawi
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from selected institutions.

UK 1st class degree: 80% or GPA 3.7 out of 4.0
UK 2:1 degree: 70% or GPA 3.0 out of 4.0
UK 2:2 degree: 60% or GPA 2.4 out of 4.0

Malaysia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: Class 1; or 3.7 out of 4.0 CGPA
UK 2:1 degree: Class 2 division 1; or 3.0 out of 4.0 CGPA
UK 2:2 degree: Class 2 division 2; or 2.6 out of 4.0 CGPA

Maldives
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (awarded from 2000) from the Maldives National University.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.5 out of 4.0

Malta
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Bachelor Honours Degree from a recognised institution.

UK 1st class degree: First Class Honours; or Category I
UK 2:1 degree: Upper Second Class Honours; or Category IIA
UK 2:2 degree: Lower Second Class Honours; or Category IIB

Mauritius
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: Class I; or 70%
UK 2:1 degree: Class II division I; or 60%
UK 2:2 degree: Class II division II; or 50%

Offer conditions will vary depending on the grading scale used by your institution.

Mexico
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo de Licenciado/ Titulo (Profesional) de [subject area] from a recognised institution.

UK 1st class degree: 9.0 to 9.5 out of 10
UK 2:1 degree: 8.0 to 8.5 out of 10
UK 2:2 degree: 7.0 to 7.5 out of 10

Offer conditions will vary depending on the grading scale your institution uses.

Moldova
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (Diploma de Licenta) from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 8 out of 10
UK 2:2 degree: 6.5 out of 10

Monaco
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.5 out of 4.0

Mongolia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) from selected institutions.

UK 1st class degree: GPA 3.6 out of 4.0; or 90%; or grade A
UK 2:1 degree: GPA 3.2 out of 4.0; or 80%; or grade B
UK 2:2 degree: GPA 2.8 out of 4.0; or 70%; or grade C

Montenegro
We normally consider the following qualifications for entry to our postgraduate taught programmes: Diploma of Completed Academic Undergraduate Studies; Diploma of Professional Undergraduate Studies; or Advanced Diploma of Higher Education from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 8.5 out of 10
UK 2:2 degree: 7 out of 10

Morocco
We normally consider the following qualifications for entry to our postgraduate taught programmes: Diplome d'Ecoles Nationales de Commerce et de Gestion; Diplome de Docteur Veterinaire; Doctorat en Medecine; Docteur en Medecine Dentaire; Licence; Diplome d'Inegeniuer d'Etat; Diplome de Doctorat en Pharmacie; or Maitrise from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 13 out of 20
UK 2:2 degree: 11 out of 20

Mozambique
We normally consider the following qualifications for entry to our postgraduate taught programmes: Grau de Licenciado (minimum 4 years) or Grau de Mestre from from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Myanmar
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: 80% or GPA of 4.7 out of 5.0
UK 2:1 degree: 70% or GPA of 4.0 out of 5.0
UK 2:2 degree: 60% or GPA of 3.5 out of 5.0

Namibia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Honours Degree or Professional Bachelor Degree (NQF level 8 qualifications) - these to be awarded after 2008 from a recognised institution.

UK 1st class degree: 80%
UK 2:1 degree: 70%
UK 2:2 degree: 60%

Nepal
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) from selected institutions.

UK 1st class degree: 80%; or GPA 3.7 out of 4.0
UK 2:1 degree: 65%; or GPA 3.0 out of 4.0
UK 2:2 degree: 55%; or GPA of 2.4 out of 4.0

Bachelor in Nursing Science are not considered equivalent to UK Bachelor degrees.

Netherlands
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 8 out of 10
UK 2:1 degree: 7 out of 10
UK 2:2 degree: 6 out of 10

New Zealand
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) or Bachelor Honours Degree from a recognised institution.

UK 1st class degree: A-*; or First Class Honours**
UK 2:1 degree: B*; or Second Class (Division 1) Honours**
UK 2:2 degree: C+*; or Second Class (Division 2) Honours**

*from a Bachelor degree
**from a Bachelor Honours degree

Nigeria
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from selected institutions.

UK 1st class degree: GPA 4.50 out of 5.00; or GPA 6.0 out of 7.0
UK 2:1 degree: GPA 3.50 out of 5.00; or GPA 4.6 out of 7.0
UK 2:2 degree: GPA 2.80 out of 5.00; or GPA 3.0 out of 7.0

Norway
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (180 ECTS credits) from a recognised institution.

UK 1st class degree: Overall B grade with at least 75 ECTS (of 180 ECTS min overall) at grade A or above.
UK 2:1 degree: Overall B grade
UK 2:2 degree: Overall C grade

Oman
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.5 out of 4.0

Pakistan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) from selected institutions.

UK 1st class degree: GPA 3.0 to 3.8 out of 4.0
UK 2:1 degree: GPA 2.6 to 3.6 out of 4.0
UK 2:2 degree: GPA 2.0 to 3.0 out of 4.0

Offer conditions will vary depending on the institution you are applying from.  For some institutions/degrees we will ask for different grades to above, so this is only a guide. 

Palestine, State of
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 90% or GPA 3.7 out of 4.0
UK 2:1 degree: 80% or GPA 3.0 out of 4.0
UK 2:2 degree: 70% or GPA 2.4 out of 4.0

Panama
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licenciado / Titulo de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 91%
UK 2:1 degree: 81%
UK 2:2 degree: 71%

Papua New Guinea
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Honours Degree from a recognised institution.

UK 1st class degree: Class I
UK 2:1 degree: Class II, division A
UK 2:2 degree: Class II, division B

Paraguay
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo de Licenciado / Titulo de [professional title] (minimum 4 years) from a recognised institution.

UK 1st class degree: 4.7 out of 5
UK 2:1 degree: 4 out of 5
UK 2:2 degree: 3.5 out fo 5

Peru
We normally consider the following qualifications for entry to our postgraduate taught programmes: Grado Academico de Bachiller or Titulo de Licenciado/ Titulo (Professional) de [subject area] from a recognised institution.

UK 1st class degree: 17 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Philippines
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from selected institutions or Juris Doctor; Bachelor of Laws; Doctor of Medicine; Doctor of Dentistry/ Optometry/ Veterinary Medicine; or Masters Degree from recognised institutions.

UK 1st class degree: 3.6 out of 4.0; or 94%; or 1.25 out of 5
UK 2:1 degree: 3.0 out of 4.0; or 86%; or 1.75 out of 5
UK 2:2 degree: 2.5 out of 4.0; or 80%; or 2.5 out of 5

The above 'out of 5' scale assumes 1 is highest mark and 3 is the pass mark.

Poland
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licencjat or Inzynier (minimum 3 years) - these must be awarded after 2001 from a recognised institution.

UK 1st class degree: 4.8 out of 5.0
UK 2:1 degree: 4.5 out of 5.0
UK 2:2 degree: 3.8 out of 5.0

The above grades are based on the 2 to 5 scale, where 3 is the pass mark and 5 is the highest mark.

Portugal
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licenciado (minimum 180 ECTS credits) or Diploma de Estudos Superiores Especializados (DESE) from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 14 out of 20
UK 2:2 degree: 12 out of 20

Puerto Rico
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from a recognised institution.

UK 1st class degree: 90/100 or GPA 3.7 out of 4.0
UK 2:1 degree: 80/100 or GPA 3.0 out of 4.0
UK 2:2 degree: 70/100 or GPA 2.4 out of 4.0

Qatar
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0; or GPA 4.4 out of 5.0
UK 2:1 degree: GPA 3.0 out of 4.0; or GPA 3.6 out of 5.0
UK 2:2 degree: GPA 2.4 out of 4.0; or GPA 2.8 out of 5.0

Romania
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 180 ECTS credits) from a recognised institution.

UK 1st class degree: 9.75 out of 10
UK 2:1 degree: 8.0 out of 10
UK 2:2 degree: 7.0 out of 10

Russia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Specialist Diploma from a recognised institution.

UK 1st class degree: 4.7 out of 5
UK 2:1 degree: 4.0 out of 5
UK 2:2 degree: 3.5 out of 5

Rwanda
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Honours Degree (minimum 4 years) from a recognised institution.

UK 1st class degree: 85%; or 17 out of 20
UK 2:1 degree: 70%; or 15 out of 20
UK 2:2 degree: 60%; or 13 out of 20

Saudi Arabia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 4.75 out of 5.0; or GPA 3.75 out of 4.0
UK 2:1 degree: GPA 3.75 out of 5.0; or GPA 3.0 out of 4.0
UK 2:2 degree: GPA 3.0 out of 5.0; or GPA 2.4 out of 4.0

Senegal
We normally consider the following qualifications for entry to our postgraduate taught programmes: Maîtrise; Master II; Diplôme d'Études Approfondies (DEA); Diplôme d'Études Supérieures Specialisées (DESS); Diplôme d'État de Docteur en Médecine; Diplôme d'Ingénieur; Diplôme de Docteur en Chirurgie Dentaire; or Diplôme de Pharmacien from a recognised institution.

UK 1st class degree: 16/20
UK 2:1 degree: 14/20
UK 2:2 degree: 12/20

Serbia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Advanced Diploma of Higher Education from a recognised institution.

UK 1st class degree: 9 out of 10
UK 2:1 degree: 8 out of 10
UK 2:2 degree: 7 out of 10

Sierra Leone
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (Honours) or a Masters degree from a recognised institution.

UK 1st class degree: First Class honours; or GPA 4.7 out of 5; or GPA 3.75 out of 4
UK 2:1 degree: Upper Second Class honours; or GPA 4 out of 5; or GPA 3.25 out of 4
UK 2:2 degree: Lower Second Class Honours; or GPA 3.4 out of 5; or GPA 2.75 out of 4

Singapore
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) or Bachelor Honours degree from selected institutions.

UK 1st class degree: GPA 4.3 out of 5.0; or GPA 3.6 out of 4.0
UK 2:1 degree: GPA 3.8 out of 5.0; or GPA 3.0 out of 4.0
UK 2:2 degree: GPA 3.3 out of 5.0; or GPA 2.5 out of 4.0

Slovakia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (180 ECTS credits) (minimum 3 years) from a recognised institution.

UK 1st class degree: 93%; or 1 overall (on 1 to 4 scale, where 1 is highest mark)
UK 2:1 degree: 86%; or 1.5 overall (on 1 to 4 scale, where 1 is highest mark)
UK 2:2 degree: 72%; or 2.5 overall (on 1 to 4 scale, where 1 is highest mark)

Slovenia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Univerzitetni Diplomant (180 ECTS credits) (minimum 3 years) from a recognised institution.

UK 1st class degree: 9.5 out of 10
UK 2:1 degree: 8 out of 10
UK 2:2 degree: 7 out of 10

Somalia
Bachelor degrees from Somalia are not considered for direct entry to our postgraduate taught programmes. Holders of Bachelor degrees from Somali National University can be considered for our Pre-Masters programmes on a case by case basis.

South Africa
We normally consider the following qualifications for entry to our postgraduate taught programmes: NQF Level 8 qualifications such as Bachelor Honours degrees or Professional Bachelor degrees from a recognised institution.

UK 1st class degree: 75%
UK 2:1 degree: 70%
UK 2:2 degree: 60%

Korea, South
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) from a recognised institution.

UK 1st class degree: GPA 4.2 out of 4.5; or GPA 4.0 out of 4.3; or GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.5 out of 4.5; or GPA 3.3 out of 4.3; or GPA 3.2 out of 4.0
UK 2:2 degree: GPA 3.0 out of 4.5; or GPA 2.8 out of 4.3; or GPA 2.5 out of 4.0

Spain
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo Universitario Oficial de Graduado en [subject area] (Grado) or Titulo Universitario Oficial de Licenciado en [subject area] (Licenciatura) from a recognised institution.

UK 1st class degree: 8.0 out of 10; or 2.5 out of 4.0
UK 2:1 degree: 7.0 out of 10; or 2.0 out of 4.0
UK 2:2 degree: 6.0 out of 10; or 1.5 out of 4.0

Sri Lanka
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (Special or Honours) or Bachelor Degree (Professional) (minimum 4 years) from a recognised institution.

UK 1st class degree: GPA 3.5 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.4 out of 4.0

Sudan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Honours degree from a recognised institution or Bachelor degree in one of the following Professional subjects: Architecture; Dentistry; Engineering; Medicine/Surgery from a recognised institution.

UK 1st class degree: 80%
UK 2:1 degree: 65%
UK 2:2 degree: 60%

Sweden
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (Kandidatexamen) or Professional Bachelor Degree (Yrkesexamenfrom) (180 ECTS credits) from a recognised institution.

UK 1st class degree: Overall B grade with at least 75 ECTS at grade A or above (180 ECTS minimum overall); or at least 65% of credits graded at VG overall
UK 2:1 degree: Overall B grade (180 ECTS minimum overall); or at least 50% of credits graded at VG overall
UK 2:2 degree: Overall C grade (180 ECTS minimum overall); or at least 20% of credits graded at VG overall.

Switzerland
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor degree (180 ECTS credits) from a recognised institution.

UK 1st class degree: 5.5 out of 6; or 9 out of 10
UK 2:1 degree: 5 out of 6; or 8 out of 10
UK 2:2 degree: 4.25 out of 6; or 7 out of 10

Syria
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 85%
UK 2:1 degree: 75%
UK 2:2 degree: 65%

Taiwan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from selected institutions.

UK 1st class degree: 85 to 90%
UK 2:1 degree: 70 to 75%
UK 2:2 degree: 65 to 70%

Offer conditions will vary depending on the institution you are applying from.  

Tajikistan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Specialist Diploma or Masters Degree from a recognised institution.

UK 1st class degree: 4.7 out of 5
UK 2:1 degree: 4.0 out of 5
UK 2:2 degree: 3.5 out of 5

Tanzania
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 4.4 out of 5.0
UK 2:1 degree: GPA 3.5 out of 5.0
UK 2:2 degree: GPA 2.7 out of 5.0

Thailand
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.40 to 3.60 out of 4.00
UK 2:1 degree: GPA 3.00 to 3.20 out of 4.00
UK 2:2 degree: GPA 2.40 to 2.60 out of 4.00

Offer conditions will vary depending on the institution you are applying from.

Trinidad and Tobago
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0; or First Class Honours from the University of West Indies
UK 2:1 degree: GPA 3.0 out of 4.0; or Upper Second Class Honours from the University of West Indies
UK 2:2 degree: GPA 2.4 out of 4.0; or Lower Second Class Honours from the University of West Indies

Tunisia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Licence; Diplome National d'Architecture; Maitrise; Diplome National d'Ingeniuer; or Doctorat en Medecine / Veterinaire from a recognised institution.

UK 1st class degree: 16 out of 20
UK 2:1 degree: 13 out of 20
UK 2:2 degree: 11 out of 20

Turkey
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.40 to 3.60 out of 4.00
UK 2:1 degree: GPA 2.80 to 3.00 out of 4.00
UK 2:2 degree: GPA 2.30 to 2.50 out of 4.00

Offer conditions will vary depending on the institution you are applying from.

Turkish Republic of Northern Cyprus
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.60 out of 4.00
UK 2:1 degree: GPA 3.00 out of 4.00
UK 2:2 degree: GPA 2.50 out of 4.00

Turkmenistan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Diploma of Higher Education (awarded after 2007) from a recognised institution.

UK 1st class degree: 4.7 out of 5
UK 2:1 degree: 4.0 out of 5
UK 2:2 degree: 3.5 out of 5

Turks and Caicos Islands
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (accredited by the Council of Community Colleges of Jamaica) from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0; or 80%
UK 2:1 degree: GPA 3.3 out of 4.0; or 75%
UK 2:2 degree: GPA 2.7 out of 4.0; or 65%

Uganda
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 3 years) from a recognised institution.

UK 1st class degree: GPA 4.4 out of 5.0
UK 2:1 degree: GPA 4.0 out of 5.0
UK 2:2 degree: GPA 3.0 out of 5.0

Ukraine
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree or Specialist Diploma from a recognised institution.

UK 1st class degree: 10 out of 12; or 4.7 out of 5
UK 2:1 degree: 8 out of 12; or 4.0 out of 5
UK 2:2 degree: 6 out of 12; or 3.5 out of 5

United Arab Emirates
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.0 out of 4.0
UK 2:2 degree: GPA 2.5 out of 4.0

United States
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: GPA 3.7 out of 4.0
UK 2:1 degree: GPA 3.2 out of 4.0
UK 2:2 degree: GPA 2.5 out of 4.0

Uruguay
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo de Licenciado/ Titulo de [subject area] (minimum 4 years) from a recognised institution.

UK 1st class degree: 10 to 11 out of 12
UK 2:1 degree: 7 to 9 out of 12
UK 2:2 degree: 6 to 7 out of 12

Offer conditions will vary depending on the institution you are applying from.

Uzbekistan
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) or Specialist Diploma from a recognised institution.

UK 1st class degree: 90%; or 4.7 out of 5
UK 2:1 degree: 80%; or 4.0 out of 5
UK 2:2 degree: 71%; or 3.5 out of 5

Venezuela
We normally consider the following qualifications for entry to our postgraduate taught programmes: Titulo de Licenciado/ Titulo de [subject area] from a recognised institution.

UK 1st class degree: 81%
UK 2:1 degree: 71%
UK 2:2 degree: 61%

Non-percentage grading scales, for example scales out of 20, 10, 9 or 5, will have different requirements. 

Vietnam
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree from a recognised institution.

UK 1st class degree: 8.0 out of 10; or GPA 3.7 out of 4
UK 2:1 degree: 7.0 out of 10; or GPA 3.0 out of 4
UK 2:2 degree: 5.7 out of 10; or GPA 2.4 out of 4

Yemen
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters (Majister) degree from a recognised institution.

UK 1st class degree: 90%
UK 2:1 degree: 80%
UK 2:2 degree: 65%

Bachelor Degrees from Lebanese International University (in Yemen) can be considered for entry to postgraduate taught programmes - please see Lebanon for guidance on grade requirements for this.

Zambia
We normally consider the following qualifications for entry to our postgraduate taught programmes: Masters Degree from a recognised institution.

UK 1st class degree: 75%; or GPA 3.7 out of 4.0
UK 2:1 degree: 65%; or GPA 3.0 out of 4.0
UK 2:2 degree: 55%; or GPA 2.4 out of 4.0

Zimbabwe
We normally consider the following qualifications for entry to our postgraduate taught programmes: Bachelor Degree (minimum 4 years) or Bachelor Honours degree from a recognised institution.

UK 1st class degree: 75%
UK 2:1 degree: 65%
UK 2:2 degree: 60%

English language requirements

If you got your degree in an English speaking country or if it was taught in English, and you studied within the last five years, you might not need an English language qualification - find out more

The minimum English Language requirements for entry to postgraduate degree programmes within the School of Economics and Finance are:

6.5 overall including 6.0 in Writing, and 5.5 in Reading, Listening and Speaking.

92 overall including 21 in Writing, 18 in Reading, 17 in Listening and 20 in Speaking.

62 overall including 57 in Writing, and 51 in Reading, Listening and Speaking.

either Trinity College London, Integrated Skills in English (ISE) II with Distinction in Writing, Reading, Listening and Speaking, or Trinity College London, Integrated Skills in English (ISE) III with Pass in Writing, Reading, Listening and Speaking. 

176 overall including 169 in Writing, and 162 in Reading, Listening and Speaking.

176 overall including 169 in Writing, and 162 in Reading, Listening and Speaking.  

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