Introduction
Finance and Spanish & Latin American Studies at Aberdeen brings the strong competitive advantage of a major international second language and culture to your powerful understanding of the principles of finance and wider business skills, making you an extremely sought-after graduate across the industry, public and other sectors, with opportunities expected to grow further with growing internationalisation and innovations in the financial world.
Study Information
At a Glance
- Learning Mode
- On Campus Learning
- Degree Qualification
- MA
- Duration
- 48 months
- Study Mode
- Full Time
- Start Month
- September
- UCAS Code
- RN34
In Finance you’ll explore financial management, corporate and personal finance, financial institutions, derivatives and the stock market. You’ll analyse and evaluate financial problems, and gain the practical skills to understand and use information from financial newspapers and documents.
Your knowledge will grow in the dynamic, international environment of our Business School of 45 nationalities, inspired by staff who are leaders in business practice and theory, in small classes with real-life scenarios, the input of employers, and the support of dedicated careers advisers.
You’ll also benefit from professional training facilities, such as our virtual Thomson Reuters Eikon trading floor, used by major financial services companies across the world, and integrating real activity in financial markets directly into students’ courses.
Aberdeen is one of the most dynamic places to study and research the Spanish language and the cultural frameworks in countries where it is spoken. You’ll be equipped with the skills to communicate in a global language, spoken by 350 million native Spanish speakers in 19 Latin American states, Spain, and increasingly in the US.
As an integral part of your 4-year programme, you will spend half of year three developing your language skills as a teaching assistant or visiting student in a Spanish-speaking country.
The combination of your business, language and cultural skills will give you a special advantage to employers operating in multinational environments, including the energy industry which is important in the growing economies of Latin America.
What You'll Study
- Year 1
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Compulsory Courses
- Academic Writing for Business (AW1003)
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This compulsory evaluation is designed to find out if your academic writing is of a sufficient standard to enable you to succeed at university and, if you need it, to provide support to improve. It is completed on-line via MyAberdeen with clear instructions to guide you through it. If you pass the evaluation at the first assessment it will not take much of your time. If you do not, you will be provided with resources to help you improve. This evaluation does not carry credits but if you do not complete it this will be recorded on your degree transcript.
- Getting Started at the University of Aberdeen (PD1002)
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This course, which is prescribed for level 1 undergraduate students (and articulating students who are in their first year at the University), is studied entirely online, takes approximately 5-6 hours to complete and can be taken in one sitting, or spread across a number of weeks.
Topics include orientation overview, equality and diversity, health, safety and cyber security and how to make the most of your time at university in relation to careers and employability.
Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’.
- The Economics of Business and Society (EC1006)
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15 Credit Points
This course is an introductory course in microeconomics where we study the decision making of individual actors (consumers, employees, firms, governments, etc.) in an economy. Actors must make decisions about behaviours because they face scarce resources, but often they find that trading with other actors in markets can increase the wellbeing of all parties. This course models and examines the nature of these interactions, highlighting when they work well and when they fail to increase wellbeing and what might be the solution to these failures.
- Finance 1: Finance, Risk and Investment (FI1004)
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15 Credit Points
This foundation course in finance, risk and investment is the requisite for several degree programmes and for level 2 real estate and finance courses. The module considers the nature and operation of investment markets, focusing on three asset classes; shares, bonds and real estate. It looks at the characteristics of these investment options in terms of their risks and returns. The module introduces basic financial mathematics: time value of money, calculation of present values and investment rates of return. Finally, it considers the role of financial institutions and regulatory bodies in personal finance, where consumers and financial markets interact.
- Accounting and Entrepreneurship (AC1517)
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15 Credit Points
The course provides an understanding of how organisations, particularly small businesses, capture, create and use accounting information both to guide their own activities and to communicate their financial performance and financial position to parties external to themselves. It develops knowledge and understanding of accounting, accounting techniques and accounting information, so that students become informed users of accounting data and information, not creators of that data and information.
- The Global Economy (EC1506)
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15 Credit Points
This course is an introductory course in macroeconomics where we study the behaviour of the economy as a whole. Whereas microeconomics focuses on individual markets, macroeconomics addresses the “big issues” such as unemployment, inflation, economic growth, and financial crises. Macroeconomics is a lively subject, full of discussion and debate, as economists and policymakers take different views on macroeconomic issues, their causes and appropriate policy responses. Issues such as: Is the economy growing? What causes unemployment and how can we reduce it? How can we avoid recessions? When is inflation a problem? Are banks lending too much?
Optional Courses
Select one of the following options:
Intermediate
- Spanish Language 2 (SP1028)
- Spanish Language 3 (SP2525)
Advanced
- Spanish Language 3 (SP2525)
All options will also select:
- Encountering the Other in Iberia and the Americas (SP1038) AND/OR Latin America: A Cultural History (SP1536)
Plus select further credit points from courses of choice to reach 120 credit points.
- Spanish Language 2 (SP1028)
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15 Credit Points
This is a fast-paced language course for students with some previous knowledge of Spanish who have been allocated onto this course by our diagnostic test. It is aimed at students intending to pursue an honours (single or joint) degree in Spanish and Latin American Studies but is also suitable for students on other degree programmes.
- Spanish Language 3 (SP2525)
-
15 Credit Points
This course follows Spanish Language 2 or can be taken by students who have the required level of Spanish as determined by the diagnostic test (see below).
- Year 2
-
Compulsory Courses
Second half session to be spent in Spain or Latin America
- Finance 2: Business Finance (FI2004)
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15 Credit Points
The main aim of this course is to develop a sound understanding of fundamental principles underlying the theory and practice of finance, thereby providing a strong basis for further study of advanced finance theory and cognate disciplines. The course introduces students to important concepts in finance: principles of assets pricing, concept of risk and return, theory of interest rates and pricing fixed income securities, evaluation of investment project with a focus on embedded real options. It equips students with good analytical skills in order to understand the implications of financial decisions by understanding the fundamentals that govern them.
- Spanish Language 4 (SP2026)
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15 Credit Points
This course aims to prepare intending Honours students of Spanish and Latin American Studies for their compulsory period abroad in a Spanish-speaking country.
The course will develop further Spanish language skills, both receptive and productive. Classes on grammatical and linguistic analysis will contribute to the development of both sets of skills. In addition students will complete a structured self learning programme of audio-visual study and grammatical reinforcement study.
- Latin America: Texts and Contexts (SP2036)
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15 Credit Points
This course uses texts, which can include plays, films, novels, music, letters and an etiquette guide, to understand issues, concerns and themes in Latin American history. The course is organised chronologically and each week classes focus on texts from a particular country as a means to discuss bigger questions, such as how to make a new nation after three hundred years of colonial rule and a decade of warfare, how to demonstrate your honourability in an anonymous city and what cultural models are the best source of inspiration. The course also focuses on 'context' shared throughout Latin America.
Optional Courses
Plus further credit points from courses of choice to gain a total of 120 credits.
- Year 3
-
Compulsory Courses
Students are required to undertake either International Finance Management (FI3503) or Advanced Corporate Finance (FI3505). These courses run in alternate years, with FI3503 running in Academic Year 2022/23.
- Finance 3: Corporate Finance (FI3004)
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30 Credit Points
This course introduces students to a number of areas of corporate finance including examining capital structure theory, project valuation models, the financing decisions of the firm, and corporate restructuring (including reorganisations and mergers and acquisitions). The main aim of the course is to equip students with good analytical skills in order to understand the implications of corporate financing decisions by understanding why companies behave the way they do with respect to financing choices and how this interacts with the real world financial markets, and to enable students to understand the theoretical underpinnings of corporate finance theory.
- Spanish Language 6 (SP30A3)
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15 Credit Points
This is a core prescribed course open only to Junior Honours Spanish and Latin American Studies students and a selected range of other programmes at the appropriate level. This course aims to enable you to identify and use, accurately, fluently, and with an appropriate level of sophistication, a range of vocabulary and linguistic registers at advanced level.
- International Financial Management (FI3503)
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30 Credit Points
Multinational corporations face a range of risks in an international setting, including exchange rate, political and financing risk. The course considers the complexities of financial management in these settings. It aims to develop students understanding and ability to apply finance theory to international financial management. This course will develop student skills in the analysis of issues including globalisation and the multinational corporation; foreign exchange markets and exchange rate determination; international capital markets, debt and banking; risk management and foreign currency derivative securities
Optional Courses
Plus, select 45 credit points from level 3 Spanish and Latin American Studies courses.
- Year 4
-
Compulsory Courses
- Spanish Language 7 (SP40A5)
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30 Credit Points
This is the final Spanish language course within the degree that will provide students with advanced comprehension and writing skills in general and specialised registers.
Optional Courses
Select one of the following dissertation course options:
- Dissertation in Hispanic Studies (SP4039)
- Dissertation in Finance (FI4501)
NOTE: Dissertation in Spanish:
This is a year-long course, with timetabled classes in the first half-session.Select one of the following course options:
- Empirical Methods in Finance (FI4003)
- Financial Strategy and Investment Management (FI4002)
Plus, select further credit points from level 4 courses in Finance and Spanish and Latin American Studies to gain a total of 60 credits in each discipline.
- Dissertation in Spanish (SP4039)
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30 Credit Points
This year-long course unit combines dissertation research with research methods training. The dissertation is a piece of extended independent research (8,000-10,000 words long), structured as a critical evaluation, analysis or argument, about a topic germane to Spanish and Latin American Studies. The topic is chosen by the student, in conjunction with the dissertation coordinator and an individual Departmental supervisor, both of whom approve the topic. Students are encouraged to design their topic building on their previous studies, especially honours courses. The dissertation offers a chance for students to carry out in-depth independent study in Spanish and Latin American Studies, and to acquire and develop valuable research skills. The course begins, in the first half session, with workshops on diverse research methods and the creation of peer support groups. The second half session includes structured meetings with the dissertation supervisor and meetings with the peer support group, as well as independent research and writing.
- Dissertation in Finance (FI4501)
-
30 Credit Points
All Accountancy and Finance students must undertake a dissertation. Students taking a joint degree may undertake the dissertation in either discipline, but not both. It is designed to show that you are able to:
Carry out a substantial piece of research on a chosen subject without close supervision
Critically analyse and evaluate work carried out by others
Reach your own conclusions based upon your analysis and evaluation of relevant evidence, whether this is prior research only or prior research coupled with your own research.
Write-up the results of your work in a clear, coherent and logical way.
- Empirical Methods in Finance (FI4003)
-
30 Credit Points
This course aims to provide an overview of quantitative methods needed to conduct empirical research in finance and financial economics. The course is intended to enable students
i) To develop knowledge and understanding of the theoretical practical approaches to quantitative methods in finance.
ii) To develop the practical quantitative skills to equip students for dissertations in finance and for on-going work in the finance area.
iii) To develop intellectual skills by understanding of the appropriate use of statistical techniques for various financial problems.
iv) To develop the ability to write extended research reports on original topics in finance
- Financial Strategy and Investment Management (FI4002)
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30 Credit Points
Covering the intellectually and commercially fertile ground at the accountancy/finance interface. Considering financial analysis from both theoretical and practical angles. Do you need to understand financial reporting to be an investor? How should we assess the success of an acquisition? Why do accountants think mergers don’t exist? How do companies decide on financing strategies? Does corporate governance and ethics really matter – do share prices react to it? These are some of the questions we will address alongside using DataStream and the ThomsonReuters Eikon system. The course might give you some ideas for your dissertation too.
We will endeavour to make all course options available. However, these may be subject to change - see our Student Terms and Conditions page.
How You'll Study
Learning Methods
- Individual Projects
- Lectures
- Research
- Tutorials
Assessment Methods
Students are assessed by any combination of three assessment methods:
- coursework such as essays and reports completed throughout the course;
- practical assessments of the skills and competencies they learn on the course; and
- written examinations at the end of each course.
The exact mix of these methods differs between subject areas, years of study and individual courses.
Honours projects are typically assessed on the basis of a written dissertation.
Why Study Finance and Spanish & Latin American Studies?
Why Finance
- An excellent teaching environment, committed to the needs of industry, which integrates research into teaching, enables transferable skills and develops intellectual skills on a range of contemporary financial challenges.
- The spectacular, award-winning Sir Duncan Rice Library, with brilliant study facilities, state-of-the-art learning technology, and an extensive collection of reference books, journals and other media for finance and business studies.
- A packed campus programme of student, public and business events, and the annual May Festival which attracts public figures, politicians, business leaders, and broadcasters to discuss and debate critical challenges in our world today.
- Enterprise Campus, a new initiative to nurture entrepreneurial skills and support students wanting to progress their own business ideas.
- Our location in the main European centre for the oil and gas industry, where multinational firms and financial services all have offices in the city, and close links to our teaching programmes.
- Experience the Bloomberg Terminal, a software platform that provides real-time and historical data, market-moving news and analytics to help leading business and financial professional make better informed investment decisions.
Why Spanish & Latin American Studies
- The opportunity to study visual culture, literature, history, politics and anthropology in relation to Spain and/or Latin America.
- Special areas of research expertise include 20th century Spain, contemporary and historical Mexico, visual culture, gender studies, history of science in Latin America, and studies of citizenship and society.
- Multicultural north-east Scotland, with many Spanish speakers working or studying in this region due to its role as a world centre for oil and gas.
- The spectacular, award-winning Sir Duncan Rice Library, with top-class study facilities, state-of-the-art learning technology, and extensive Spanish and Latin American works to inspire your studies.
- A packed campus programme of events, exhibitions, film showings, and the annual WayWORD literary festival which welcomes international figures, experts, writers and scientists to campus every spring, including authors writing in Spanish.
Aberdeen Global Scholarship
The University of Aberdeen is delighted to offer eligible self-funded international on-campus undergraduate students a £6,000 scholarship for every year of their programme.
View the Aberdeen Global ScholarshipEntry Requirements
Qualifications
The information below is provided as a guide only and does not guarantee entry to the University of Aberdeen.
General Entry Requirements
- 2024 Entry
-
SQA Highers
Standard: AABB
Applicants who have achieved AABB (or better), are encouraged to apply and will be considered. Good performance in additional Highers/ Advanced Highers may be required.
Minimum: BBB
Applicants who have achieved BBB (or are on course to achieve this by the end of S5) are encouraged to apply and will be considered. Good performance in additional Highers/Advanced Highers will normally be required.
Adjusted: BB
Applicants who achieve BB over S4 and S5 and who meet one of the widening access criteria are guaranteed a conditional offer. Good performance in additional Highers/Advanced Highers will be required.
More information on our definition of Standard, Minimum and Adjusted entry qualifications.
A LEVELS
Standard: BBB
Minimum: BBC
Adjusted: CCC
More information on our definition of Standard, Minimum and Adjusted entry qualifications.
International Baccalaureate
32 points, including 5, 5, 5 at HL.
Irish Leaving Certificate
5H with 3 at H2 AND 2 at H3.
PLEASE NOTE: National 5/ Standard Grade/ GCSE (or equivalent) in Mathematics / Applications of Mathematics is required in addition to the requirements noted above.
- 2025 Entry
-
SQA Highers
Standard: BBBB
Applicants who have achieved BBBB (or better), are encouraged to apply and will be considered. Good performance in additional Highers/ Advanced Highers may be required.
Minimum: BBC
Applicants who have achieved BBC at Higher and meet one of the widening participation criteria above are encouraged to apply and are guaranteed an unconditional offer for MA, BSc and BEng degrees.
Adjusted: BB
Applicants who have achieved BB at Higher, and who meet one of the widening participation criteria above are encouraged to apply and are guaranteed an adjusted conditional offer for MA, BSc and BEng degrees.
We would expect to issue a conditional offer asking for one additional C grade at Higher.
Foundation Apprenticeship: One FA is equivalent to a Higher at A. It cannot replace any required subjects.
More information on our definition of Standard, Minimum and Adjusted entry qualifications.
A LEVELS
Standard: BBC
Minimum: BCC
Adjusted: CCC
More information on our definition of Standard, Minimum and Adjusted entry qualifications.
International Baccalaureate
32 points, including 5, 5, 5 at HL.
Irish Leaving Certificate
5H with 3 at H2 AND 2 at H3.
PLEASE NOTE: National 5/ Standard Grade/ GCSE (or equivalent) in Mathematics / Applications of Mathematics is required in addition to the requirements noted above.
Entry from College
Advanced entry to this degree may be possible from some HNC/HND qualifications, please see www.abdn.ac.uk/study/articulation for more details.
The information displayed in this section shows a shortened summary of our entry requirements. For more information, or for full entry requirements for Arts and Social Sciences degrees, see our detailed entry requirements section.
English Language Requirements
To study for an Undergraduate degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:
IELTS Academic:
OVERALL - 6.0 with: Listening - 5.5; Reading - 5.5; Speaking - 5.5; Writing - 6.0
TOEFL iBT:
OVERALL - 78 with: Listening - 17; Reading - 18; Speaking - 20; Writing - 21
PTE Academic:
OVERALL - 59 with: Listening - 59; Reading - 59; Speaking - 59; Writing - 59
Cambridge English B2 First, C1 Advanced or C2 Proficiency:
OVERALL - 169 with: Listening - 162; Reading - 162; Speaking - 162; Writing - 169
Read more about specific English Language requirements here.
Fees and Funding
You will be classified as one of the fee categories below.
| Fee category | Cost |
|---|---|
| EU / International students | £20,800 |
| Tuition Fees for 2025/26 Academic Year | |
| Home Students | £1,820 |
| Tuition Fees for 2025/26 Academic Year | |
| RUK | £9,250 |
| Tuition Fees for 2025/26 Academic Year |
Financial support for your study year abroad
We provide funding to students starting in 2021/22 on degrees with a compulsory period abroad at the same level as the Turing funding. This financial support can be used towards rent in your new city overseas, general living costs, or travelling to see more of your new home country. Students going abroad will continue to pay their normal rate of tuition fees with no increased charges or need to change tuition fee arrangements to the host university. For a full overview of how the tuition fees work, you can check this helpful funding table on our website.
Additional Fees
- In exceptional circumstances there may be additional fees associated with specialist courses, for example field trips. Any additional fees for a course can be found in our Catalogue of Courses.
- For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our Tuition Fees page.
Scholarships and Funding
UK Scholarship
Students from England, Wales and Northern Ireland, who pay tuition fees may be eligible for specific scholarships allowing them to receive additional funding. These are designed to provide assistance to help students support themselves during their time at Aberdeen.
Aberdeen Global Scholarship
The University of Aberdeen is delighted to offer eligible self-funded international on-campus undergraduate students a £6,000 scholarship for every year of their programme. More about this funding opportunity.Funding Database
View all funding options in our Funding Database.
Careers
There are many opportunities at the University of Aberdeen to develop your knowledge, gain experience and build a competitive set of skills to enhance your employability. This is essential for your future career success. The Careers and Employability Service can help you to plan your career and support your choices throughout your time with us, from first to final year – and beyond.
- More information on employability at the University of Aberdeen
- More information on the Careers and Employability Service
Our Experts
Information About Staff Changes
You will be taught by a range of experts including professors, lecturers, teaching fellows and postgraduate tutors. However, these may be subject to change - see our Student Terms and Conditions page.
Discover Uni
Discover Uni draws together comparable information in areas students have identified as important in making decisions about what and where to study. You can compare these and other data for different degree programmes in which you are interested.
Get in Touch
Contact Details
- Address
-
Student Recruitment & Admissions
University of Aberdeen
University Office
Regent Walk
Aberdeen
AB24 3FX