The Graduate Diploma in Finance and Economics offers a route to masters degrees for international and EU students who are changing discipline, who don't currently meet the academic entry requirements for direct entry to a masters degree at QMUL or any other UK institution, or who need to improve their level of English. The programme is very intensive, with approximately 18 hours of in-class tuition and 20 - 30 hours of self study each week, and runs from either September - June, or January - July. The programme is integrated within the university and academic modules are taught by Queen Mary lecturers. This Diploma is especially useful for students going on to study with the School of Economics and Finance at QMUL, although it prepares students well for any postgraduate programme in Economics and Finance at any institution.
On the Graduate Diploma in Finance and Economics you will study 4 subjects: ELSS, Research, Econometrics and Economics.
English Language and Study Skills
- A full first degree in a relevant subject at the equivalent of at least a pass in a UK undergraduate degree with at least a pass in all final year modules; OR a qualification at the equivalent of at least a UK HE Diploma (Level 5) in a relevant subject from a recognized institution with marks equivalent to 55% in the second year of a UK degree and with at least a pass in all final year modules;
- English language proficiency;
- A minimum age of 17 (the minimum age for Pre-Masters is 17, although the normal age range is 21-25).
Changes to UKVI requirements, ie talking a Secure English Language Test (SELT) at an approved centre, do not apply to Pre-Masters applicants; however, you must give evidence of your English language ability by producing an English language test score.
The Pre-Masters English language requirements are:
IELTS 6.0 (with at least 5.5 in reading, writing, speaking and listening)
Pearson 56 (with at least 51 in reading, writing, speaking and listening)
TOEFL iBT 80 (with 19 in writing, 20 in reading, 19 in listening and 22 in speaking)
You can also take any English language test from this list:
- Cambridge Certificate in Advanced English
- Cambridge Certificate in Proficiency in English
- Trinity College London Integrated Skills in English (ISE)
For further details about English language requirements, please visit this page.
Students who do not meet the minimum English language requirements, can take the 9 week Foundation Pre-sessional Programme if they have at least:
IELTS 5.5 (with at least 5.0 in reading, writing, speaking and listening)
You will need a Secure English Language Test (SELT) at an approved centre to join the Presessional Programme.
NB: The Academic Year Programme at The Wimbledon School of English is an option for students who do meet the English requirements for the Pre-sessional programme
Learning and teaching
Academic subjects are taught in lectures and seminars. Lectures can contain up to 50 students, but seminars will be divided into smaller groups, containing up to 18 students.
Students will study up to a total of 19 hours per week on the Graduate Diploma in Finance & Economics; 12 hours of this is timetabled for ELSS (of which 10 hours will be teaching time) and 7 hours is timetabled for academic subjects, of which all 7 hours is teaching time.
To view a sample Economics and Econometrics timetable click here [PDF 17KB]
NB: All students must study English Language and Study Skills (ELSS).
Fees and funding
Fees for 2018/19
|Graduate Diploma in Humanities and Social Sciences||£14,500|
|Graduate Diploma in Finance & Economics||£14,500|
Once you have accepted the offer and met any conditions you will be required to pay a deposit of £2000 towards your tuition fee in order to secure your place at Queen Mary, University of London. The payment of this deposit will assist you in applying for immigration permission under Tier 4 of the UKVI (UK Visas and Immigration) Points Based System. If your fees will be paid by a government sponsor we do not require you to submit a deposit. We do, however, require a formal letter from your sponsor confirming the arrangement.
For further details regarding deposits please go to the International Office website.
Our refund policy can be found here.
Please note: There is no special fee for European Union (EU) students, although we do occasionally offer a discount to EU students with excellent grades. We advise you to apply early.
What costs do we cover?
- Textbooks for personal purchase - students are encouraged to buy these, but the Queen Mary library maintains multiple copies of all recommended texts
- General printing/photocopying costs - printing facilities are widely available on-campus, and typically charged at 4p per A4 black-and-white page
- Transport costs associated with travelling to location of educational trips, such as the Coca Cola factory. These visits are paid for by The Language Centre and are only open to HSS students.
You can either take out a Tuition Fee Loan (see Funding section below) to pay your fees or, if you are paying them yourself, you can pay in instalments.
Tuition fees for a year abroad or placement year on a full time undergraduate course will be a proportion of the full fee for the year in which you commence your time abroad or placement.
For information on field trip and other course related costs which are not included in your tuition fee, please contact the relevant Department/School.
See more general information about fees.
Tel: +44 (0)20 7882 7676
Queen Mary has a substantial package of scholarships and bursaries which will benefit around 50 per cent of our undergraduate student body.
Scholarships and Bursaries available at Queen Mary for Home/EU Students
There are a number of scholarships and bursaries available each year for home students. Visit our Bursaries and Scholarships page for more information.
Visit our Advice and Counselling website for more information about financial support.
Scholarships available at Queen Mary for International Students
There are a number of Scholarships available each year for International Students including bursaries and scholarships in a range of subject areas.
Find out more about international scholarships.
Some International students may also be eligible for a fee reduction.
Loans and Grants available to help with tuition fees and living costs
Student Finance England administers all grant and loans for your studies if you normally live in England.
Through Student Finance England, you can apply for (figures relate to programmes starting from September 2016):
- A Tuition Fee Loan of up to £9,000 to pay all or part of your fees
- A Maintenance Loan of up to £10,702 to help pay your living costs like rent, food and travel
- Extra grants if you have a disability or you have children or an adult dependant
- You might get a grant to cover some travel expenses if you normally live in England but study away from home. If you’re a medical or dental student you might also qualify for help with the costs of attending clinical placements in the UK.
Visit Student Finance Information to find out more about:
- How to apply for student finance
- What eligibility rules apply, including if you already have a degree or previous higher education study
- What the income thresholds are and how much you might personally get for each element of Student Finance
- What to do if you have problems getting your Student Finance
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:
- Additional sources of funding
- Planning your budget and cutting costs
- Part-time and vacation work
- Money for lone parents
For more information visit the Advice and Counselling service website, or call +44 (0)20 7882 8717.