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Course type
Diploma
Credits
120

Credits

  • Credits measure the student workload required for the successful completion of a module or qualification.
  • One credit represents about 10 hours of study over the duration of the course.
  • You are awarded credits after you have successfully completed a module.
  • For example, if you study a 60-credit module and successfully pass it, you will be awarded 60 credits.
How long it takes
2 years part-time study
Read more about how long it takes
Study method
Distance learning
Course cost
See Fees and funding
Entry requirements
Find out more about
Entry requirements

Postgraduate Diploma in Finance

Course code: E83

This qualification is designed to support professional development and practice in a wide range of roles in finance, whether you are advancing in your career or aspiring to enter the sector,  such as investment banking, portfolio management, corporate finance, treasury, and consultancy. It provides a thorough grounding in areas such as the financing of companies and other organisations, instruments and structures of financial markets, financial decision-making, valuation, mergers and acquisitions, and financial reporting. It develops competencies in applying statistical and econometric techniques and equips you with knowledge of the fundamentals of Islamic finance, business ethics, as well as corporate financial strategy and governance. You can choose to specialise either in derivatives and financial risk management or in investment and portfolio management.

  • Provides an up-to-date perspective on both theory and practice in national and international contexts
  • Enables you to learn and apply the most important tools for financial analysis and decision support
  • Allows you to acquire competencies in statistical and econometric analysis
  • Develops your digital literacy skills, research capabilities, and critical thinking
  • Opens up the opportunity to top up to the MSc in Finance in just one more year by completing a dissertation module.
Course type
Diploma
Credits
120

Credits

  • Credits measure the student workload required for the successful completion of a module or qualification.
  • One credit represents about 10 hours of study over the duration of the course.
  • You are awarded credits after you have successfully completed a module.
  • For example, if you study a 60-credit module and successfully pass it, you will be awarded 60 credits.
How long it takes
2 years part-time study
Read more about how long it takes
Study method
Distance learning
Course cost
See Fees and funding
Entry requirements
Find out more about
Entry requirements

How to register

Select the module you will study first, read the full description, and follow the instructions to register.

Modules

To gain this qualification, you need 120 credits with:

60 credits from the following:

Compulsory modules Credits Next start
Financial markets and the financing of organisations (B815)

This module covers the core areas of corporate finance and investments, providing a basis for developing specialist financial expertise.

See full description

Register
 30 01 Nov 2025
Financial strategy and governance (B816)
Acquire the theoretical and analytical expertise necessary to guide financial strategy and make governance decisions within an organisation.

See full description

Register
 30 02 May 2026  

Or, subject to the rules about excluded combinations, the discontinued modules B858, B859.

plus 30 credits from the following:

Compulsory module Credits Next start
Research methods for finance (B817)

This module aims to equip you with the necessary skills and knowledge relevant to understanding and planning empirical research in finance.

See full description

Register
 30 01 Nov 2025

Or, subject to the rules about excluded combinations, the discontinued module B860.

plus 30 credits from either of the following:

Optional modules Credits Next start
Investment and portfolio management (B818)

This module explores the main participants and their objectives in the major investment markets. Topics include bonds, equities, derivatives, portfolio optimisation, performance measurement, ethical investment, taxation, and behavioural biases.

See full description

Register
 30 02 May 2026
Derivatives and risk management (B819)

This module explores financial risks, including interest rate and foreign exchange risk, and how they are managed by using derivatives like futures, swaps and options.

See full description

Register
 30 02 May 2026

Or, subject to the rules about excluded combinations, the discontinued modules B861, B862.

You should note that the University’s unique study rule applies to this qualification. This means that you must include at least 60 credits from OU modules that have not been counted in any other OU qualification that has previously been awarded to you.

Learning outcomes, teaching and assessment

The learning outcomes of this qualification are described in four areas:

  • Knowledge and understanding
  • Cognitive skills
  • Practical and professional skills
  • Key skills
Read more detailed information about the learning outcomes.

Credit transfer

If you’ve successfully completed some relevant postgraduate study or elsewhere, you might be able to count it towards this qualification, reducing the number of modules you need to study. You should apply for credit transfer as soon as possible, before you register for your first module. For more details and an application form, visit our Credit Transfer website. 

On completion

On successfully completing this course, we’ll award you our Postgraduate Diploma in Finance. You'll be entitled to use the letters PG Dip Fin (Open) after your name.

You can progress from this Postgraduate Diploma in Finance to our MSc in Finance (F67).
 

Regulations

As a student of The Open University, you should be aware of the content of the qualification-specific regulations below and the academic regulations that are available on our Student Policies and Regulations website. 

We regularly review our curriculum; therefore, the qualification described on this page – including its availability, its structure, and available modules – may change over time. If we make changes to this qualification, we’ll update this page as soon as possible. Once you’ve registered or are studying this qualification, where practicable, we’ll inform you in good time of any upcoming changes. If you’d like to know more about the circumstances in which the University might make changes to the curriculum, see our Academic Regulations or contact us. This description was last updated on 18 March 2025.

You must hold a bachelors degree awarded by a recognised UK university or equivalent. Please contact us if you hold a qualification that you believe is an equivalent level to a UK degree to ensure that it meets the requirements for admission.

Your spoken and written English must be of an adequate standard for postgraduate study. If English is not your first language, we recommend a minimum score of 6.5 under the International English Language Testing System (IELTS). Please see their website for details.

This diploma requires an aptitude for analytical and quantitative methods to engage with theories of finance and their applications. You should possess a good working knowledge of maths and be confident with spreadsheets. It would be advisable to self-assess your level of maths before registering for this qualification. To help you decide whether you are ready, you may want to try this diagnostic quiz.

How long it takes

Most students study the Postgraduate Diploma in Finance part-time, completing 60 credits a year over two years. Typically, this means 12–14 study hours each week. The minimum time to complete this qualification is 12 months.

You must complete the Postgraduate Diploma in Finance within five years.

Career relevance

This postgraduate qualification offers knowledge in a wide range of finance areas, including the corporate finance function, investments, banking and financial institutions, and risk management. You will gain both theoretical and practical insights into the workings of financial markets, securities valuation, understanding financial statements, risk management, and portfolio management. You will develop the skills and capabilities required by investment analysts, finance managers, finance directors, and chief financial officers. You will be equipped with the knowledge and skills to support decision-making at higher levels of organisations by exploring issues related to ethics and corporate governance, reporting and disclosure, financing, and investment in uncertain and global business environments.

Prudent practice in finance is relevant across all sectors – public, private and voluntary. This qualification will therefore prepare you to work in the corporate sector, financial services, the banking industry, multinational organisations, and other sectors where analytical and decision-making tools for treasury, investment, and financing decisions are required.

Careers and Employability Services have more information on how OU study can improve your employability.

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