The following application guidelines apply to the Business School's taught MSc programmes and include application dates and how to apply online.

We now welcome applications for 2018 entry.

Application process overview


1. Check eligibility

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

Academic requirements

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

Academic background

  • An undergraduate degree in a quantitative subject or in finance is normally required. Acceptable quantitative subjects include economics, mathematics, statistics, operational research, informatics, computer science, physics, and engineering.
  • Candidates with a very good Honours degree in business or management or relevant business experience will be considered on an individual basis.

Supporting your application

  • Relevant work experience is not required but may increase your chances of acceptance.
  • Relevant professional qualifications will be considered.
  • Preference will be given to those with grades above the minimum requirements.

Current students

  • Final-year undergraduate students are welcome to apply, so long as your studies will be completed prior to the MSc programme commencement date.

For complete entry requirement information, including English language requirements and other international student qualifications, please see entry requirements


2. Key dates

This programme operates a series of selection deadlines. If you do not receive an offer in a particular round, you will either be notified that your application has been unsuccessful, or we will carry your application forward to be considered in the next round.

Please read our selection and admissions strategy for further information.

Deadlines for applicants applying to study in 2018/19:

Round Application deadline Places awarded
1 18 October 2017 14 December 2017
2 13 December 2017 22 February 2018
3 21 February 2018 19 April 2018
4 18 April 2018 14 June 2018
5 13 June 2018 2 August 2018

If the programme is not full by the final application deadline, we may be able to consider applications submitted after that date. If we are still accepting applications following the final deadline, we will clearly indicate that on this page. If you require a visa we recommend that you submit your application by 30 June.


3. Apply online

You should apply via the University online system as soon as possible because the application process will be closed once the programme is full. Applications which are received after our final selection deadline will be considered at our discretion, if there are still places available.

Supporting documents

During the application process, you will be required to provide a number of supporting documents.

Supporting document Details
Official transcript If required, please provide a certified English translation.
Degree certificate If required, please provide a certified English translation. This is not required for current students.
One academic or professional reference letter For this programme, only one reference is required. It should be recent, dated, in English and on letterheaded paper. If submitted directly by the referee, it should be sent from the email address of the referee's institution.
English language qualification This is only required if English is not your first language, that is, you are not a national of a majority English-speaking country (see above).

Personal statement

We will be looking for evidence in your personal statement that you have thought carefully about what you can bring to the programme and what impact you feel it will have on your future career.  Therefore, please ensure that you address the following issues in your statement to help us select the students who will benefit most from the programme:

  • What skills, qualities and experiences have prepared you to undertake this programme?
  • What value do you think you can add to the learning community as part of an internationally diverse group?
  • What impact do you hope to make in your future career, and how will this programme contribute to your aspirations?

Your personal statement should be around 500 words in length.

Apply online

All applications are accepted only via the University online system. By applying online below, you will be redirected to the relevant application page within the University website where you can begin the process.

MSc in Banking and Risk

Apply 2018

A non-refundable application fee of £50 is payable before your application can be considered. Payment should be made once you have submitted your online application and received your UUN (Universal Username).
View the application fee payment guide

  • When completing your online application, you are able to save your progress and continue at a later date.
  • You will receive a UUN (Universal Username) at the end of the application process, which should be used in any further correspondence with us.
  • You will not be able to apply for the same programme twice in the same year.

Frequently Asked Questions

Can I appeal the decision?

Decisions are final and generally cannot be appealed.

Can I apply for more than one programme?

You may apply for more than one programme if you wish, however you will be required to submit a separate application form for each programme. You will need to upload your supporting documents for each application. Your reference letter and personal statement should both be programme-specific as you will need to be able to demonstrate your motivation for applying. Please note that if you apply for more than one programme which requires an application fee, you will be required to pay a separate fee for each programme.

Can I re-apply?

You may re-apply if you feel that your application has strengthened considerably by the next admissions' cycle, however we cannot guarantee that you will be made an offer the second time round.

Can I receive feedback/recommendations on how to strengthen my application in the future?

If you have met the minimum criteria for the programme but have not been accepted onto it, it may be that preference has been given to those with grades above the minimum standards. If you wish to receive more detailed feedback, you should request this in writing. We aim to provide feedback within 20 working days. However, due to the extremely high volume of applications we receive, the feedback we provide may be general in nature, and not specific to your individual application.

Can you advise me personally on the progress of my application?

Due to the high volume of applications we receive and the associated heavy email traffic, we would kindly ask that applicants do not email us requesting frequent updates. You can track the progress of your application through your EUCLID portal and you will be alerted of any updates via your MyEd in-tray.

Do you offer any MSc programmes on a part-time basis and/or by distance learning/online?

At present all our MSc programmes are available on a full-time basis only and we do not offer any MSc programmes by distance or e-learning. Students must be able to attend all classes on-campus, in person, for the duration of the programme.

Help! I am experiencing technical problems and/or am unable to access my EUCLID account.

Please consult the EUCLID website or contact the EUCLID Student Support team.

For further information

How can I track the progress of my application?

You can log in to your EUCLID account to track the progress of your application.  Any requests or notifications from the admissions team will be sent to your MyEd in-tray. You should also receive an email alerting you to any such updates: this will be sent to the contact email specified at the time of application.

How can my referee provide a reference?

If you tick the relevant box on the application form and provide your referee's official university/company email address, then he/she will be sent an automatically generated reference request, which will allow them to upload your reference directly to your application. You must provide their official institution email address as we are unable to accept references sent in from personal addresses (e.g. Yahoo! or Gmail). Alternatively, your referee can provide you with their reference letter which can then be scanned and uploaded to your application. This must be issued on official university/company letterhead, bear an original signature and be dated within one year of the course start date.

How competitive is entry? How likely am I to get a place?

Competition for places varies considerably programme by programme. But due to strong competition for places and the high quality of applications received for many programmes, applicants should be aware that preference may be given to those with grades above the minimum requirements. In addition, some programmes reach capacity before the suggested deadline of 30 June, so you will increase your chances of acceptance if you apply early.

How long will it take for me to receive the outcome?

We receive many thousands of applications each year, with a particularly busy period between October and January. Although we strive to inform applicants of the decision as quickly as possible, this process can take several weeks. We would encourage applicants not to email the admissions team requesting frequent updates, as such request received in bulk, can exacerbate the situation and cause further delays.

How many intakes do you have each year?

We have only one intake per year, with all programmes commencing in September.

I can't upload my supporting documents.

There is a file size limit of 2MB for each individual supporting document. If you have a document larger than 2MB, we advise either using compression software to produce a .zip file, or separating the large file into smaller files and uploading these as 'unspecified documents'. If you are still unable to upload your documents, please send them by email to msc@business-school.ed.ac.uk or mba@business-school.ed.ac.uk, quoting the programme for which you have applied and your UUN.

I have been asked to supply my degree certificate, but I have not yet graduated. What should I do?

If you have not yet graduated, you do not need to respond to this request yet.  Please upload your most recent transcript when asked, and if you are given a conditional offer, you should upload your degree certificate as soon as you have it after you graduate.

I have submitted my application online, but have not yet received my account log in details.

You should receive your account log in details and UUN from EUCLID shortly after submitting your application. If you haven't received this within a few days, please contact Student Systems. Email studentsystems@ed.ac.uk

What is a UUN?

UUN stands for Universal Username. All UUNs start with the letter "s" followed by 7 digits, the first two of which will indicate your elected year of entry.  An example UUN for an applicant applying to start a programme in session 2013/14 would be "s1312345". This UUN is your username for accessing EUCLID and is what we will use to identify you and locate your application. It is therefore essential that you keep a note of your UUN and quote it (and the programme for which you have applied) in any correspondence with us. If you do not already have a UUN, then you will receive one once you have submitted your online application.

Further information


4. Pay deposit and accept offer

Once you receive your offer, you will need to pay a deposit of £1,500 to secure your place on the programme. This is the case for both conditional and unconditional offers. Applicants receiving an offer from 3 July 2017 onwards must pay their deposit within 14 days of the offer to confirm their place.

Deposit guidelines

  • The deposit will be offset against the tuition fee payable at the time of matriculation.
  • If the deposit has not been received by the deadline, the application will be withdrawn without further notice. It is therefore essential that applicants have funding for their deposit in place before applying.
  • The payment details in this section should only be used to pay your fee deposit. The University's Income Section will contact you in due course regarding the payment of the balance of your tuition fees.
  • Once the deposit has been received, a receipt will be issued by the Business School confirming the amount paid. Please note that transactions have to be confirmed by the University accounting system and this can take a few weeks to process, depending on the method of payment. Please keep the receipt safe, and bring it along with you at the time of matriculation.

Pay online

The ePay online payment system is the University's preferred payment option and must be used when making payment by credit/debit cards (all major cards are accepted).

Pay Deposit

Further information

Frequently Asked Questions

Can I appeal the decision?

Decisions are final and generally cannot be appealed.

Can I apply for more than one programme?

You may apply for more than one programme if you wish, however you will be required to submit a separate application form for each programme. You will need to upload your supporting documents for each application. Your reference letter and personal statement should both be programme-specific as you will need to be able to demonstrate your motivation for applying. Please note that if you apply for more than one programme which requires an application fee, you will be required to pay a separate fee for each programme.

Can I re-apply?

You may re-apply if you feel that your application has strengthened considerably by the next admissions' cycle, however we cannot guarantee that you will be made an offer the second time round.

Can I receive feedback/recommendations on how to strengthen my application in the future?

If you have met the minimum criteria for the programme but have not been accepted onto it, it may be that preference has been given to those with grades above the minimum standards. If you wish to receive more detailed feedback, you should request this in writing. We aim to provide feedback within 20 working days. However, due to the extremely high volume of applications we receive, the feedback we provide may be general in nature, and not specific to your individual application.

Can you advise me personally on the progress of my application?

Due to the high volume of applications we receive and the associated heavy email traffic, we would kindly ask that applicants do not email us requesting frequent updates. You can track the progress of your application through your EUCLID portal and you will be alerted of any updates via your MyEd in-tray.

Do you offer any MSc programmes on a part-time basis and/or by distance learning/online?

At present all our MSc programmes are available on a full-time basis only and we do not offer any MSc programmes by distance or e-learning. Students must be able to attend all classes on-campus, in person, for the duration of the programme.

Help! I am experiencing technical problems and/or am unable to access my EUCLID account.

Please consult the EUCLID website or contact the EUCLID Student Support team.

For further information

How can I track the progress of my application?

You can log in to your EUCLID account to track the progress of your application.  Any requests or notifications from the admissions team will be sent to your MyEd in-tray. You should also receive an email alerting you to any such updates: this will be sent to the contact email specified at the time of application.

How can my referee provide a reference?

If you tick the relevant box on the application form and provide your referee's official university/company email address, then he/she will be sent an automatically generated reference request, which will allow them to upload your reference directly to your application. You must provide their official institution email address as we are unable to accept references sent in from personal addresses (e.g. Yahoo! or Gmail). Alternatively, your referee can provide you with their reference letter which can then be scanned and uploaded to your application. This must be issued on official university/company letterhead, bear an original signature and be dated within one year of the course start date.

How competitive is entry? How likely am I to get a place?

Competition for places varies considerably programme by programme. But due to strong competition for places and the high quality of applications received for many programmes, applicants should be aware that preference may be given to those with grades above the minimum requirements. In addition, some programmes reach capacity before the suggested deadline of 30 June, so you will increase your chances of acceptance if you apply early.

How long will it take for me to receive the outcome?

We receive many thousands of applications each year, with a particularly busy period between October and January. Although we strive to inform applicants of the decision as quickly as possible, this process can take several weeks. We would encourage applicants not to email the admissions team requesting frequent updates, as such request received in bulk, can exacerbate the situation and cause further delays.

How many intakes do you have each year?

We have only one intake per year, with all programmes commencing in September.

I can't upload my supporting documents.

There is a file size limit of 2MB for each individual supporting document. If you have a document larger than 2MB, we advise either using compression software to produce a .zip file, or separating the large file into smaller files and uploading these as 'unspecified documents'. If you are still unable to upload your documents, please send them by email to msc@business-school.ed.ac.uk or mba@business-school.ed.ac.uk, quoting the programme for which you have applied and your UUN.

I have been asked to supply my degree certificate, but I have not yet graduated. What should I do?

If you have not yet graduated, you do not need to respond to this request yet.  Please upload your most recent transcript when asked, and if you are given a conditional offer, you should upload your degree certificate as soon as you have it after you graduate.

I have submitted my application online, but have not yet received my account log in details.

You should receive your account log in details and UUN from EUCLID shortly after submitting your application. If you haven't received this within a few days, please contact Student Systems. Email studentsystems@ed.ac.uk

What is a UUN?

UUN stands for Universal Username. All UUNs start with the letter "s" followed by 7 digits, the first two of which will indicate your elected year of entry.  An example UUN for an applicant applying to start a programme in session 2013/14 would be "s1312345". This UUN is your username for accessing EUCLID and is what we will use to identify you and locate your application. It is therefore essential that you keep a note of your UUN and quote it (and the programme for which you have applied) in any correspondence with us. If you do not already have a UUN, then you will receive one once you have submitted your online application.