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Banking courses in UK: Universities, courses, deadlines, fees, job opportunities

By Guru H• Last updated: Feb 16, 2024
Banking courses in UK: Universities, courses, deadlines, fees, job opportunities
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Do you want to work in the ever-growing banking industry? Wondering how banks operate and provide multiple financial services? You can learn more about these aspects by studying banking courses.

Banking courses give learners a comprehensive understanding of the finance and banking industry. These courses may vary in their focus, catering to different levels of study. Banking courses cover finance, economics, statistics and data management, banking operations, and risk management.

There are Bachelor of Science (BSc), Master of Science (MSc), Master of Business Administration (MBA) and banking certification courses in UK for learners around the globe.

What is banking?

Banking is a sector of the finance industry that facilitates economic activities and provides financial services to individuals, businesses, and governments. This forms the backbone of the financial system, offering services such as savings and business accounts, loans, mortgages, and investment options.

Here are some benefits of pursuing a career in banking:

  • Banking is an ever-growing field with stable growth and is widely in demand across various sectors like finance, stock markets, and e-commerce, to name a few.
  • Graduates with a banking degree can pursue careers as investment bankers, accounts/finance assistants, payments officers, finance managers, and banking administrators, among other job profiles.
  • Careers in banking provide a competitive salary. The average annual salary for banking professionals in the UK ranges from £35,000 to £48,000.

Elevate your future with banking courses in the UK. Discover the perfect institution to boost your education.

In this article, we’ll look at

  • How to pursue banking courses in UK
  • Admission requirements and costs
  • Top universities for banking courses in UK
  • Various career opportunities
Unsure about which course to choose?
Edvoy provides free expert guidance and helps you shortlist courses with ease

Banking courses in UK: Highlights

Course modeFull-time (on-campus)
Course duration1-3 years
Educational qualificationsStudents with a background in accounting, finance, commerce, business or related fields can pursue banking courses in UK. 
Minimum English proficiency and entrance exam requirementsIELTS: 6.5 TOEFL: 80
Fees range£15,300 - £29,300 
Post-graduation visaUK graduate visa - Valid for 2 years

Data updated as of December 2023

Why study banking courses in UK?

Before we dive deep into studying banking courses in UK, let’s understand the importance of pursuing these courses.

  • Quality education - Studying banking in the UK provides access to top-notch faculty, ensuring a comprehensive learning experience.
  • Global community - Studying in the UK allows students to be part of a global academic community that encourages research and entrepreneurship, providing international exposure.
  • Industry connections - Many universities in the UK have close ties with industry leaders and offer internships and networking events. It enables students to gain practical experience, connect with industry professionals, and increase their chances of securing internships and full-time job roles.
  • Post-graduation work opportunities - The UK provides graduate visas for international students, allowing them to gain work experience for up to 2 years after completing their studies.

Is the UK your dream study destination? Explore your options with Edvoy!

How to get admission to banking courses in the UK?

In addition to the eligibility criteria, UK universities need other documents to proceed with your application. Make sure you have the below-mentioned documents.

Also read: Everything you need to know about the UK student visa

Unsure about which course to choose?
Edvoy provides free expert guidance and helps you shortlist courses with ease

Best universities for banking courses in UK 

Pursue your higher education in banking at some of the best universities in the UK.

Many universities offer bachelor’s, master’s, MBA, and banking certification courses in UK. Here are some top universities that offer banking courses in UK.

UniversityAnnual tuition fees for international studentsEnglish proficiency and test score requirements
University of Portsmouth£21,800TOEFL: 79 or IELTS: 6.0
University of Brighton£15,300TOEFL: 72 or IELTS: 6.5
University of Glasgow£29,300TOEFL: 79 or IELTS: 6.5
Lancaster University£24,150 TOEFL: 87 or IELTS: 6.5
Bangor University£18,300IELTS: 6.5
Coventry University£20,050IELTS: 6.5
University of Roehampton£17,325TOEFL: 89 or IELTS: 6.5

Data updated as of December 2023

Best banking courses in UK

Get ready to start your transformative journey in banking with some of the top banking courses in UK.

University CourseTuition fees per yearEnglish proficiency requirementsDuration
University of PortsmouthBSc Economics, Finance and Banking£21,800TOEFL: 79 or IELTS: 6.03 years
University of BrightonMSc Finance and Banking£15,300TOEFL: 72 or IELTS: 6.51 year
University of GlasgowMSc International Banking and Finance£29,300TOEFL: 79 or IELTS: 6.51 year
Lancaster UniversityMSc Money, Banking and Finance£24,150 TOEFL: 87 or IELTS: 6.51 year
Bangor UniversityMBA Banking and Finance£18,300IELTS: 6.51 year
BSc Banking and Finance£15,750IELTS: 6.53 years
Coventry UniversityMSc Economics, Banking and Finance£20,050IELTS: 6.51 year
University of RoehamptonPGDip Banking, Finance and Risk Management£17,325TOEFL: 89 or IELTS: 6.58 months

Cost of studying banking courses in UK

The cost of studying banking courses in UK can vary depending on several factors, such as the university, program duration, location, and lifestyle choices. Here are some key points to consider regarding the cost of studying banking courses in the UK:

  • Tuition fees - The tuition fees for banking courses in UK can vary depending on the university. On average, banking courses in UK can range from £15,000 - £30,000.
  • Living expenses - The cost of living in the UK can vary depending on the location and lifestyle choices. Major cities tend to have higher living costs than smaller cities or towns. As an estimate, students can expect to allocate around £12,000 - £15,000 per year for accommodation, food, transportation, and other personal expenses.
  • Health insurance - International students studying in the UK must have health insurance coverage. On average, health insurance in the UK for international students costs from £470 - £650 per year, depending on the plan and coverage.
  • Additional expenses - Students should also calculate the budget for additional expenses such as textbooks and study materials, transportation, entertainment, and personal expenses.

Cost of living in the UK for international students

The average annual cost of living for an international student is as follows:

CountryAverage cost of living (per year)
The United Kingdom£12,000 - £15,000

Data updated as of December 2023

Student visa cost for studying banking courses in UK

VisaCost
UK student visa£363

Job opportunities for banking graduates in the UK

Job roleAnnual salary (in GBP)
Investment banker£48,000
Accounts/finance assistant£40,000
Payments officer£40,000
Finance manager£45,000
Banking administrator£35,000

Data updated as of December 2023

(The above salary ranges are approximate values taken from various sources.

Sources: LinkedIn and Google)

The UK has many exciting opportunities! Apply for the upcoming intake today!

Banking courses in UK for international students: Your questions answered!

At Edvoy, we pride ourselves on simplifying the study-abroad process for students. If you choose banking courses in the UK, you have plenty of options!

To assist you in your study abroad journey, we’ve collated answers to commonly asked questions about banking courses in UK. Find your answers below!

What are the advantages of studying banking courses in UK?

  • Quality education - Studying banking in the UK provides access to top-notch faculty, ensuring a comprehensive learning experience.
  • Global community - Studying in the UK allows students to be part of a global academic community that encourages research and entrepreneurship, providing international exposure.
  • Industry connections - Many universities in the UK have close ties with industry leaders and offer internships and networking events. It enables students to gain practical experience, connect with industry professionals, and increase their chances of securing internships and full-time job roles.
  • Post-graduation work opportunities - The UK provides graduate visas for international students, allowing them to gain work experience for up to 2 years after completing their studies.

What are the admission requirements for applying to banking courses in UK?

Admission requirements for UK banking courses vary depending on the university. Some required admission documents are bachelor’s degree transcripts, a completed application form, an SOP, and letters of recommendation.

Most universities ask for English proficiency test scores, like the IELTS or TOEFL. GRE or GMAT scores might be needed, depending on the university. Make sure to check with the university for specific requirements.

Is studying banking courses in UK worth it?

Pursuing banking courses in UK has various perks for international students. Here are some advantages of studying banking courses in UK.

  • Globally recognised courses
  • Competitive salary
  • Various networking connections
  • Employment opportunities after graduation

What percentage is required to study banking courses in UK?

The educational qualifications for international students to pursue banking courses in UK vary with different universities. The standard score requirement ranges between 60% - 75%.

What are the best universities for banking courses in UK?

Some of the best universities for banking courses in UK are

Unsure about which course to choose?
Edvoy provides free expert guidance and helps you shortlist courses with ease

What are some of the best banking programs in UK?

Here are some of the best banking programs in UK.

What is the tuition fee to study banking courses in UK?

Tuition fees for banking courses in UK can vary depending on the university and program. On average, the tuition fees for international students range from £15,000 - £30,000 per year.

Is work experience required for investment banking courses in UK?

Work experience gives your application a boost while applying for any course. However, it is an optional requirement, as you can study investment banking courses in UK without any work experience.

What’s the work permit after studying banking courses in UK?

UK’s graduate visa allows international students to work in the country after graduation. The UK graduate visa is valid for two years.

What can you do with a banking degree?

Graduates with a banking degree can pursue careers as investment bankers, accounts/finance assistants, payments officers, finance managers, and banking administrators, among other job profiles.

Can students get permanent residency in the UK after graduating from banking courses?

After graduation, students can apply for permanent residency (PR) through their employer or organisation. You can check the country’s government website to know more.

What is the duration of banking courses in UK?

Different universities have courses with different durations. The course duration depends on the level of study. Usually, banking courses in UK are 1-3 years long. Depending on the course curriculum, some may be longer or shorter than others.

What are the subjects taught in banking?

Some of the core subjects taught are:

Why do Indian students choose to study in the UK?

Indian students often prefer studying in the UK for several compelling reasons:

  • World-class education - The UK is home to many top-ranked universities renowned for their academic excellence, cutting-edge research, and innovative teaching methods.
  • Diverse range of programs - UK universities offer a wide variety of programs and majors, allowing students to choose fields that align with their interests and career goals.
  • International exposure - Living and studying in a culturally diverse environment exposes Indian students to different perspectives, lifestyles, and cultures, fostering personal growth and adaptability.
  • Quality of life - The UK offers a high standard of living with modern amenities, healthcare facilities, and a safe environment, making it an attractive destination for Indian students seeking a comfortable and secure lifestyle.
  • Career opportunities - A degree from a UK university often opens doors to global career opportunities. Many Indian students aspire to work in multinational companies or pursue further studies or research on an international scale after completing their education in the UK.
  • Post-graduation work opportunities - The UK provides graduate visas for students, allowing them to gain work experience for up to 2 years after completing their studies.

What are some of the Investment Banking courses in UK?

  • MSc Investment Banking and Finance, University of Glasgow
  • BSc Mathematics with Finance and Investment Banking, University of Reading
  • MSc Finance and Investment Banking with Placement Year, Nottingham Trent University, UK
  • MSc Finance & Investment (Banking & Fintech), Regent's University London, UK
  • MSc International Banking, Finance and Investment Management, University of Dundee, UK
  • MSc Finance and Investment Banking with Advanced Research, University of Hertfordshire, UK
  • BSc (Hons) Banking, Finance and Investment (Top Up), University of South Wales

    Check for more investment banking courses

Edvoy helps you navigate the top banking courses in UK, making your decision process seamless.

Edvoy offers end-to-end assistance throughout the study abroad process, including university selection assistance, application guidance, scholarship and funding advice, visa application support, pre-departure orientation, and ongoing student support.

Simplify your study abroad process with Edvoy. Discover the perfect course and institution to boost your business acumen.

Why compromise? Choose excellence with Edvoy's assistance!

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