UCL (University College London)

Course Introduction

The programme will focus on major practical and theoretical applications in banking and the most innovative aspects of digital banking. The programme will emphasise the analytical foundation of finance and financial products, focusing on theory and methods and making extensive use of relevant practical applications. The primary objectives of the MSc in Banking and Digital Finance are to provide students with the tools and skills of an in-depth understanding of the finance and banking industry. The programme is highly applied and the teaching is also research-driven, thus allowing students to have access to the most innovative aspects of digital finance. Global demand is growing for financial managers to be capable of dealing with the interaction between finance and new technologies (fintech). The programme will emphasise the analytical foundation of finance and financial products, focusing on theory and methods and making extensive use of relevant practical applications.

The challenges and opportunities posed by new technologies, and in particular the Internet of Things, call for unique approaches and cross-discipline analyses. The institute will be built around a vision of finance at the service of major societal challenges. New financial models, embedding technical, environmental and social aspects within financial mechanisms will be developed by experts in their fields who will pass on this new understanding to future global leaders through the institute?s MSc programmes. The programme will produce graduates who will serve the needs of universal banks, mutual and pension funds, investment banks, governments, central banks, and advisory bodies. The MSc will provide graduates with a systematic understanding of relevant knowledge of banking, financial systems and the advanced technological application of finance, their external contexts, and how they are managed. Graduates will be competent in applying a range of digital tools, taking account of their relationship and interaction with banking and financial markets. Through having gained critical awareness of current issues and the development of financial systems and markets, graduates will be able to convey their knowledge of leading-edge practice and research in the field.

Duration & Attendance Qualification Tuition fees Fee type
1 year
Full Time
MSc £27,470 Home Fees
1 year
Full Time
MSc £27,470 European Fees
1 year
Full Time
MSc £27,470 Overseas Fees

Qualifications required:

  • Domestic entry requirements: Students need to have a minimum of an upper second-class Bachelor's degree in an appropriate subject such as Computer Science, Mathematics, Economics or other highly numerate disciplines. Knowledge of mathematical methods and introductory probability and statistics is also required. Applicants must show an interest in developing thinking and problem-solving skills.
  • 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