International Study Centre

International Year Two in Business Management & Finance

Kickstart your career in business and get the support you need to succeed at a top-ranking UK university.

Student holding a cup of coffee and looking out windows on campus

Jumpstart your success

If you’re looking to study a business or finance degree at a top-ranking UK university, the International Year Two offers a fast-track route to your graduation. You will begin your studies in the second year of your degree, allowing you to graduate in just three years. Your journey begins by spending three terms at the International Study Centre, which will help you to gain the skills to study the final two years of your degree at the University.

What will I study?

Our modules are specially designed to help international students like you to succeed at the University. Designed in partnership with University academics and taught in the same style as at the University, you will develop both your English language skills and subject knowledge by choosing to follow one of two academic routes.

Term 1

This module covers:

  • microeconomic concepts and principles
  • demand and supply
  • averages and at the margin
  • government regulation of economic activities
  • normative and positive analysis
  • societal welfare
  • the historical development of economics as a social science

This module covers:

  • management accounting
  • classification of costs
  • marginal and absorption costing
  • break-even analysis
  • management accounting for decision-making
  • introduction to budgeting and cash flow

Term 2

This module covers:

  • business organisations
  • marketing
  • human resource
  • management
  • operations
  • innovation
  • corporate social responsibility
  • international markets
  • gender
  • political, cultural, technological, legal and environmental issues

This module covers:

  • causes of the recent financial crisis
  • macroeconomic issues and problems
  • the Keynesian model and fiscal policy
  • unemployment and inflation
  • the financial system and the macroeconomy
  • trade and exchange rates

This module covers:

  • organising and representing data
  • averages and variability
  • probability and decision making
  • probability distributions
  • sampling distribution
  • estimation
  • hypothesis testing
  • chi-square tests
  • correlation and regression

Term 3

This module covers:

  • management models and theories
  • managing organisational structures and practices
  • diversity and managing change and conflict in the workplace
  • managing performance and development
  • managing innovations
  • mechanisms of control
  • organisational development
  • organisational change

This module covers:

  • financial markets
  • banking: retail and wholesale, and regulation
  • non-bank financial institutions
  • credit ratings
  • financial crisis
  • foreign exchange market
  • governance and ethics
  • globalisation of financial markets

This module covers:

  • marketing concept
  • marketing environment
  • marketing mix
  • marketing in practice

This module covers:

  • investment and financial risk
  • types of risks and measuring risks
  • value-at-risk and volatility modelling
  • interest rate risk measurement
  • operational risk management for financial institutions
  • credit risks, credit derivatives
  • managing risks
  • regulatory framework on managing risks

This module covers:

  • operations strategy
  • designing jobs/products/services
  • process types and process layout
  • capacity management
  • supply chain management
  • inventory management
  • lean operations and JIT
  • quality management
  • process technology
  • project management

This module includes:

  • models of financial valuation, including discounted cash flow and variants
  • development of models of organisations’ financing, including analysis of debt and equity choices
  • portfolio analysis and the basics of portfolio selection and performance measurement
  • contemporary developments in the finance of businesses and in financial markets

Why study Business Management and Finance at the University of Aberdeen?

  • Aberdeen is known as being the energy capital of Europe, so the city has a high demand for both Business Management and Finance graduates. As a University of Aberdeen student, you will benefit from the close links the University has forged with international companies.
  • With the state of the art Bloomberg finance lab, the University integrates real activity in financial markets directly into your degree. As part of your course, you will experience the platform, used by major financial services companies around the world, and gain key skills that employers are seeking.
  • Aberdeen is ranked as the 11th university in the UK for Business and Management (Guardian University Guide 2023).

Combined visa

Save time and money, and experience a seamless transition to undergraduate success by studying our International Year Two programme and the remainder of your degree with one visa.

Doing this means you will benefit from the following:

  • Alternatives to Academic IELTS for UKVI can be used to join the International Year Two programme.
  • You can work for up to 20 hours per week while in the UK, so you can enhance your CV and graduate prospects during your studies.
  • You do not need an additional IELTS test before joining your undergraduate degree.
  • There is no need to return home to apply for a new visa between your International Year Two and chosen undergraduate degree at the University of Aberdeen.
  • You will have the opportunity to travel and explore the UK between courses.

The combined visa is suitable for students who have previously studied academic subjects in the UK.

Progress to your degree

By completing the International Year Two pathway and achieving the required grades, you are able to transition to the third year of your business or finance degree at Aberdeen. This pathway offers multiple available progression degrees, all of which are MA (Master of Arts) degrees. This is an undergraduate degree equivalent to a BA degree. The International Year Two leads to the following degrees:

Degree Programme NameAwardOverall GradeEnglish GradeGrade Module
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Key facts

Entry requirements

Check our academic and English language entry requirements


Check your programme fees


Learn more about available scholarships

Bella from China

I really like the University of Aberdeen's campus, because it has a lot of history. I like Aberdeen and the weather. It’s always raining and windy, but it’s also always sunny. I think this town is safe, it’s small but safe, and is very good for living there and studying there."

Bella from China
Studying MSc International Business Management