UCL (University College London)

Course Introduction

Students develop an advanced knowledge of computational methods in finance, which is a prerequisite for a successful career in the financial industry within 'quant' teams. 'Quants' (development analysts) design and implement complex models and are sought after by banks, fund managers, insurance companies, hedge funds, and financial software and data providers. This degree comprises advanced modules on quantitative and modelling skills, which are essential for 'quant' roles in trading research, regulation and risk. This applied MSc programme is distinctive in that it provides a solid mathematical and statistical foundation together with an education in advanced-level programming.

The programme is suitable for those with a first degree in a quantitative subject wishing to develop a successful career in the financial industry. This is a relatively new programme and therefore no specific information on graduate destinations is currently available. UCL Computer Science graduates typically find work in financial institutions such as Credit Suisse, JP Morgan, Morgan Stanley, and Deutsche Bank as financial analyst application developers, quant developers, and business managers. The University of Cambridge and UCL are among top further study destinations.

Duration & Attendance Qualification Tuition fees Fee type
1 year
Full Time
MSc £19,710 Home Fees
1 year
Full Time
MSc £19,710 European Fees
1 year
Full Time
MSc £30,140 Overseas Fees

Qualifications required:

  • Domestic entry requirements: Students need to have an upper-second class UK Bachelor's degree (or equivalent overseas qualification) in computer science, mathematics, statistics, physics, engineering or a similarly quantitative subject. Programming experience is an advantage but is not mandatory. Relevant work experience is also taken into account.
  • International entry requirements: Students need to have: IELTS overall grade of 7.0 with a minimum of 6.5 in each of the subtests; overall score of 100 with 24/30 in reading and writing and 20/30 in speaking and listening in Test of English as Foreign Language (TOEFL) iBT; overall score of 185 with 176 in all subtests in Cambridge Certificate of Proficiency in English; overall score of 185 with 176 in all subtests in Cambridge Certificate of Advanced English; pass at Mastery level when achieved with a pass at Mastery level in the Pitman International Spoken test (ISESOL) in City & Guilds (Pitman Examination in International ESOL); 69 overall, with a minimum of 59 in each Communicative Skill in Pearson Test of English (Academic); successful completion of ISE III with a ?merit? in all components; overall mark of 70%, with at least 65% in each of the four subtests in UCL Diploma in English for Academic Purposes; overall mark of 70% with at least 65% in each of the four elements of the examination in UCL International Pre-Master's Courses; mark of 70%, with at least 65% in each of the subtests in UCL Pre-sessional English Courses.
  • IELTS score: 7
  • TOEFL score: 100