M.Sc Risk Management and Financial Engineering at Imperial College London, London Fees, Entry Requirement & Application Deadline

Master of Science [M.Sc] [Risk Management and Financial Engineering] From Imperial College London

London, EnglandLocation
UniversitySchool type
Estd1907established year
16425enrollment
Public
Partner [1 Courses]
7.9/10

Master of Science [M.Sc] (Risk Management and Financial Engineering)

1 year
Full Time
On Campus

Field of Study

£42,200/Yr

£42,200 /Yr
  • Master of Science in Risk Management and Financial Engineering at Imperial College London is a 1-year program.
  • It is an on-campus, 90 credits program offered on a full-time basis.
  • The program is accredited by the Professional Risk Managers' International Association (PRMIA).
  • Students will learn how to put the latest academic thinking and business strategies into practice from leading practitioners and world-class faculty.
  • Students study 6 core modules and an additional VBA module which will provide students with comprehensive and systematic training in the mechanisms and techniques involved in quantitative financial modeling.
  • The normal working week is Monday to Friday. Classes will be scheduled between 08.30 and 21.00.
  • Students should expect to attend one evening class per week, and other optional activities such as guest lectures or alumni and careers events may be scheduled in the evening.
  • During the program, students will use and have access to Bloomberg terminals, Reuters Eikon, Datastream, Matlab, and two bespoke computer labs.
  • In the spring and summer terms, students will choose between two types of research projects, in order to develop specialist skills and subject knowledge to benefit their future careers.
  • About 91% of students get the job within three months and 23% of students get employed in Asset Management or Investment Banking.

Tuition Fees

Year1st Year Fees
Tuition Fees£42200 (GBP 42200)

Other Expenses

HeadAvg Cost Per Year
Housing£12524 (GBP 12524)
Food£4193 (GBP 4193)
Total Cost£16717 (GBP 16717)

Previous Year Tuition Fees

Year1st Year Fees
2022£39000 (GBP 39000)
2021£51375 (GBP 51375)

Eligibility & Entry Requirement

Academic Eligibility:

  • Students must have a first or upper second class honours undergraduate degree from a recognized university.
  • Students must have a quantitative discipline such as Mathematics, Engineering, Economics, and Science.
  • Students must be qualified in IELTS or TOEFL and PTE to get admission in this program.
  • Submission of GMAT or GRE is recommended but not essential.

Work Experience:

Students should use the quantitative experience statement on the application form to list the most advanced quantitative courses that they have taken and to provide brief examples of the relevant topics covered by the program.

Indian Student Eligibility:

Indian students are eligible to apply if they complete one of the following eligibility criteria:

  • Students should have completed a 3-4 year bachelor's degree from a mainstream university (state/federal or deemed institution) passed with the required grades.
  • Students for research should hold a 3 to 4-year bachelor's degree and master's degree, both passed with required grades.
  • Applicants from elite institutions will be required to obtain a minimum overall average of 7 / 10 or 60%. These are the college minimum scores and particular departments may seek grades at a higher level.
  • Applicants from other approved institutions will be required to obtain a minimum overall average ranging from 7.5-8 / 10 or 65-70%.

Scores Required

100 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

62 / 90

Avg. Score in

PTE

600 / 800

Avg. Score in

GMAT


Required Document List

The Documents required are:

  • Resume/CV - This provides a summary of a student's experience and skills.
  • Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
  • Statement of marks - The marks statement provided by the education board.
  • Financial Documentation - The Proof that shows the financial background of the student.
  • Letter of Recommendation - This shows who recommended the student to pursue the degree.
  • Statement of Purpose - This is an essay or any written statement written by the student while applying.
  • English Language Requirement - This shows the test score of English Proficiency Exams such as IELTS, TOFEL, PTE, etc.

Career and Placement after Course

The possible career opportunities for students are:

  • Financial Analyst
  • Accountant
  • Budget Analyst
  • Financial Examiner
  • Management Analyst
  • Financial Manager

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Imperial College Scholarship 50% Tuition Fee WaiverScholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
Brilliant Minds MBA ScholarshipScholarship per student£ 57,990/Yr$57,990Level Of StudyMasterTypeCollege-Specific
1st Formations Business ScholarshipScholarship per student£ 800/Yr$800Level Of StudyBachelorTypeMerit-Based
Commonwealth Master’s ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
(ISC)² Women’s Cybersecurity ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Collegedunia $150 Scholarship ProgramScholarship per student£ 150/Yr$150Level Of StudyBachelorTypeMerit-Based


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