The MSc in Finance is a specialist degree focusing on financial issues in all industry sectors. This degree provides a comprehensive grasp of the principles and applications of finance, a broad experience of quantitative techniques and technical and conceptual skills, coupled with a strongly vocational approach. It is designed to prepare you for a wide range of careers in multinational financial organisations.
Unique features of the MSc in Finance are:
- This degree provides the opportunity to follow the CFA specialist pathway alongside the MSc and acquire the skills to complete the CFA Level 1 examination. The CFA professional qualification has a strong foundation of real world investment analysis and portfolio management skills along with practical knowledge of the investment industry. Is it required by major employers in the financial sector.
- General training in all the key aspects of finance ranging from financial statements to derivatives pricing.
- A rigorous analytical approach which makes the programme the most highly regarded of our finance programmes amongst prospective employers.
- Part of the CFA university recognition programme and has a limited number of CFA scholarships available. These scholarships are allocated amongst students already on the programme and fund them through CFA exams.
The School of Economics and Finance is offers excellent facilities and resources to its masters students including:
- Real Time Data/Trading Software: Queen Mary is one of the few UK universities offering training and access to both Reuters and Bloomberg trading terminals (in our designated trading room) as well as Interactive Brokers Trader Workstation (TWS) and FXCM FX Trading Station.
- Time Series Data Software: A full range of economic and financial data is available through DataStream, Macrobond and the WRDS platform (including Bankscope and CRSP).
- Statistical Analysis Software: A wide range of Econometric software including Eviews, Stata, Matlab, Gauss etc.
- Designated Trading Room offering training and access to Reuters, Bloomberg, Interactive Brokers Trader Workstation (TWS) and FXCM FX Trading Station.
- Free online subscription to The Economist and The Financial Times.
If you are a prospective student or a current applicant and your query is related to admission, then please email email@example.com
If you are a current student or your query is non-admissions related, then please email Sarah Riley (firstname.lastname@example.org).
Tel: +44 (0)20 7882 8848.
The MSc in Finance is currently available for one year full-time study.
You will take five compulsory modules in the first semester and two compulsory modules, plus three electives in the second semester.
The pre-semester modules in maths and statistics take place in September. They are especially designed for students who want to review concepts such as statistical distributions and matrix algebra.
|Semester A||Semester B||Post-Semester B|
|Investments||Advanced Asset Pricing and Modelling||7,000 word dissertation|
|Econometrics for Finance||Elective|
|Applied Finance with Eviews||Data Analysis for Dissertation|
- Financial Derivatives
- Asset Management
- Risk Management for Banking
- Applied Risk Management
- International Finance
- Banking Regulations
- Cases in Business Finance
- Topics in Financial Econometrics
- Bond Market Strategies
- Alternative Investments
- Valuation and Private Equity
- Credit Ratings
- Mergers and Acquisitions
- Islamic Finance in Practice
- Portfolio Construction Theory
- Advanced Behavioural Finance
- Strategic Asset Allocation
- Applied Wealth Management
- Systematic Trading Strategies
Students will also have the option to take the CFA pathway. The CFA pathway has the exact same structure except that students will complete the CFA Training post-semester B module and complete a 5,000 word dissertation. In order to reflect the practical and applied side of this programme the School organises a number of extra optional modules that aim to provide further practical training to students, whose subject matter changes from year to year. These modules are taught by City practitioners, who provide an insider’s view on topics of interest to the financial community.
Tel: +44 (0)20 7882 8848
For informal academic enquiries, please contact:
Tel: +44 (0)20 7882 8845
- Undergraduate Degree - At the minimum a 2:1 or overseas equivalent is required. (A good performance in a higher degree such as a Masters will also be accepted)
- Degree Discipline - Any degree discipline is acceptable, but students must have a good existing level of mathematics and statistics. We welcome students from a variety of disciplines, including Mathematics, Sciences, Engineering, Economics and Finance. Students from less quantitatively oriented degrees, such as Accounting, Management and Politics, are also welcome if they have focused on the more quantitative elements of those degrees.
- Work experience and professional qualifications - Weight will be given to relevant work experience and professional qualifications, particuarly CFA, but neither is necessary to be accepted onto this course.
- English Language - Students whose first degree is not taught in an English-speaking country must provide evidence of English language proficiency. 6.5 IELTS overall and 6.0 in Writing or equivalent is the minimum required. Click here for further information.
- Other aspects of your application - All aspects of your application will be taken into consideration so our decision to make you an offer is not exclusively based on the criteria above.
Learning and teaching
As a student at Queen Mary, you will play an active part in your acquisition of skills and knowledge. Teaching is by a mixture of formal lectures and group seminars. The seminars are designed to generate informed discussion around set topics, and may involve student presentations, group exercise and open discussions. We take pride in the close and friendly working relationship we have with our students.
For every hour spent in formal classes you will be expected to complete further hours of independent study. Your individual study time could be spent preparing for, or following up on formal study sessions; reading; producing written work; completing projects; and revising for examinations.
The direction of your individual study will be guided by the formal study sessions you attend, along with your reading lists and assignments. However, we expect you to demonstrate an active role in your own learning by reading widely and expanding your own knowledge, understanding and critical ability.
Independent study will foster in you the ability to identify your own learning needs and determine which areas you need to focus on to become proficient in your subject area. This is an important transferable skill and will help to prepare you for the transition to working life.
The grade for each module is assessed through coursework, along with a written exam in May for each course unit.
The dissertation written over the summer counts for two or three modules (depending on the programme) and will include both theoretical content and applied results.
Non-Assessed Optional Courses:
We offer a wide range of optional courses that do not contribute to your overall MSc grade but are designed to broaden your skills and enhance your CV. These range from programming skills courses (e.g. C++, VBA) to trading techniques courses (e.g. the financial trading programme, Bloomberg, technical analysis). For further information click here.
Tuition fees for Home and EU students
2018/19 Academic Year
Full time £18,050
Full time (CFA Pathway) £19,050
Tuition fees for International students
2018/19 Academic Year
Full time £21,500
Full time (CFA Pathway) £22,500
There are a number of sources of funding available for Masters students.
These include a significant package of competitive Queen Mary University of London (QMUL) bursaries and scholarships in a range of subject areas, as well as external sources of funding.
Queen Mary bursaries and scholarships
We offer a range of bursaries and scholarships for Masters students including competitive scholarships, bursaries and awards, some of which are for applicants studying specific subjects.
Find out more about QMUL bursaries and scholarships.
Alternative sources of funding
Home/EU students can apply for a range of other funding, such as Professional and Career Development Loans, and Employer Sponsorship, depending on their circumstances and the specific programme of study.
Overseas students may be eligible to apply for a range of external scholarships and we also provide information about relevant funding providers in your home country on our country web pages.
Download our Postgraduate Funding Guide [PDF] for detailed information about postgraduate funding options for Home/EU students.
Tel: +44 (0)20 7882 5079
Other financial help on offer at Queen Mary
We offer one to one specialist support on all financial and welfare issues through our Advice and Counselling Service, which you can access as soon as you have applied for a place at Queen Mary.
Our Advice and Counselling Service also has lots of Student Advice Guides on all aspects of finance including:
Tel: +44 (0)20 7882 8717
Careers and employability
Our masters programmes aim to produce fully trained, professional economists and finance experts who are ready to join a dynamic international community.
Our programmes lead to excellent career prospects and our graduates work in a variety of careers. Some apply their degree knowledge directly in international finance, economist or research roles. The transferable skills gained through the programmes, such as analysis, business awareness and data-handling, enable our graduates to work in sectors beyond those directly related to their degree. These include government roles and consultancy.
The skills gained through our programmes – coupled with opportunities for extra-curricular activities – have enabled our students to move into careers at home and around the world, such as:
- Analyst, Citigroup
- Data Analyst, Bloomberg
- Analyst, Morgan Stanley
- Case Officer, Financial Ombudsman Service
- Economic Analyst, Central Bank of Chile
- Investment Associate, Standard Chartered, China
- Management Consultant, PwC, Malaysia
- Trainee Accountant, KPMG
Our Careers and Enterprise Centre is run by professional careers staff and is there to help you prepare for life after university. We can help you to hunt for the perfect job with weekly workshops in job recruitment and selection methods – especially tailored to economics and finance students. You will also have access to mock assessment centres, practise psychometric tests and job interview/ application workshops. In many of these workshops you will receive the guidance of experienced finance industry recruiters.
Dedicated School Careers Consultant and Internships Co-ordinator
The Careers Programme for the School is managed by a dedicated Careers Consultant with a background in the banking industry. You can meet, email or Skype the Careers Consultant and benefit from individual support on any career topic both in term-time and in vacations.
The dedicated Internships Co-ordinator for the School actively engages with employers to increase the number and range of opportunities for which you can apply.
We have a year-round range of postgraduate careers activities. The Focus on Finance month – four weeks of employer-led events, business games and workshops – is designed to equip you with a knowledge of possible job options and how best to apply. It also offers networking opportunities with representatives (including alumni) from recruiters and provides you with the chance to meet many banking and finance organisations on campus.
- Bank of England
- Chartered Institute of Insurance
- Morgan Stanley
Links to industry
Our academics and City practitioners also work in well-recognised financial institutions. This gives you opportunities to network and gain vital knowledge of how your masters study relates to commercial practice.