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MRes Finance
Business Management | Official Course Page
Last updated: October 2026
About this course
MRes Finance is a masters programme at University of Essex in Colchester Campus, United Kingdom (12 Months, Oct intakes).
Course Details
| Qualification | MRes Finance |
| Study Level | Masters |
| Programme Duration | 12 Months |
| Starting Intakes | Oct 2027 |
| Tuition Fees (International) | GBP 24,675 per year * |
| Initial Deposit | GBP 4000.00 (Approx INR 507991) * |
| Application Fee | No Application Fee |
Updated October 2026Source: essex.ac.uk
Cost breakdown
| Item | GBP | approx. INR |
|---|---|---|
| Tuition, 12 Months | £24,675 | ₹31.1 lakh |
| Less scholarship (up to) | −£5,500 | −₹6.9 lakh |
| Living cost, 12 months at £1,171 | £14,052 | ₹17.7 lakh |
| Estimated total | £33,227 | ₹41.9 lakh |
INR approximate. Living cost uses the UK visa figure for the city.
Eligibility & Entry Requirements
| Academic | A 2:2 degree, or international equivalent, in one of the following subjects : Business, Economics, Finance. |
| English Language | IELTS 6.5 overall (no band below 5.5). PTE 62+. TOEFL iBT 91+ |
| English Waiver | Medium of Instruction and 12th English marks 70% |
| Backlogs Accepted | 0 - 15 |
| Application Deadline | ASAP |
Updated October 2026Source: essex.ac.uk
Admissions Process
| Application Route | Direct to University |
| Application Portal | University of Essex Online Portal |
| Processing Time | Typically ~14 days after submission |
| Conditional Offer | Issued after initial application review (~14 days) |
| Unconditional Offer | Issued after all documents verified (~7 days) |
| CAS / Confirmation Letter | Pay Deposit & Receive CAS Letter (~5 days) |
| Visa Type | Student Visa (Tier 4) — apply ~21 days before travel GOV.UK |
Updated October 2026Source: essex.ac.uk
Scholarships Available for This Course
| University of Essex International Scholarship | GBP 5500 — International students with strong academic record |
Updated October 2026Source: www1.essex.ac.uk
Cost & ROI Calculator
Course
MRes Finance
Subject (for salary lookup)
Business & Management
Tuition fee / year
GBP 24,675
Avg Starting Salary
GBP 28,990
UK national average, HESA 2023/24
Estimated Total Cost
GBP 33,227
Tuition − scholarship + living cost
Payback Period
1.1 years
Total cost ÷ starting salary
Frequently Asked Questions
What scholarships are available at University of Essex?
The University of Essex International Scholarship is a merit-based award of up to £5,500 for international postgraduate students with a strong academic record. Amounts and eligibility are set by the university, so check the Essex scholarship finder or ask AdmitKard before you apply.
What is the cost of living in Colchester?
What are the entry requirements for University of Essex?
Most postgraduate courses ask for a UK 2:2 degree or an international equivalent, and some courses need a related subject. For English, the usual requirement here is IELTS 6.5 overall with no band below 5.5, or PTE 62 or TOEFL 91. Some courses ask for a different score, so check the course page. Essex accepts 0 to 15 backlogs for Indian applicants, and an English waiver is possible with medium of instruction proof and 70% in 12th English. Watch: Real student experience
Source: Study Abroad with Piyush
How do I apply to University of Essex?
Apply online to the University of Essex, or through AdmitKard, which handles the application with you. There is no application fee for most courses. Offers are made on a rolling basis, so apply as early as you can, and a £4,000 deposit confirms your place so you can get your CAS for the UK Student visa. Watch: Real student experience
Source: Study Abroad with Piyush
What are the tuition fees at University of Essex?
Tuition for international students ranges from £12,000 to £28,000 per year across the 120 postgraduate courses listed for Colchester Campus. The exact fee depends on the course, so open the course page for its yearly fee and cost breakdown.
When are the intakes at University of Essex?
Most courses start in October, and 16 of the 120 courses on this page set also open in January. Applications are rolling, so there is no fixed deadline, but earlier applications give you more time for your visa and accommodation.