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Masters in Financial Engineering

University of Reading

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Course options

  • Qualification

    MSc - Master of Science

  • Location

    ICMA Centre

  • Study mode

    Full time

  • Start date

    20-SEP-21

  • Duration

    9 months

Course summary

Overview

The quantitative finance skills that you will develop in the MSc Financial Engineering programme are sought after by major employers in the sector. The need to develop more effective pricing and hedging models for complex financial products is more important than ever following the most recent global financial crisis. Our compulsory modules provide a firm grounding in probability theory, stochastic calculus, derivatives pricing, quantitative and numerical methods, structuring products, volatility analysis, and the modelling of credit, equity, foreign exchange and interest rate derivatives. We also provide a thorough training in C++ and other programming tools.

Continuing your career

Many of our financial engineering graduates are now working as Quants in large London banks and other financial institutions. Others have pursued PhDs and have successful academic careers. Financial instruments are becoming ever more sophisticated, so graduates that understand complex modelling techniques are always in great demand. The high quantitative content of this programme opens many doors to a wide range of careers. You could structure and develop new debt or equity solutions to meet clients funding and hedging needs, or you could become a proprietary trader in exotic derivatives, or a software specialist or a quantitative analyst supporting the traders.

There are excellent opportunities on the buy-side, with hedge funds and investment institutions, as well as in investment banking and in software analytics. Opportunities in quantitative research, or with a rating agency, are among the many other attractive alternatives. Outside of mainstream banking and investment, you might also consider firms involved in commodity and energy trading, or the treasury divisions of leading multinationals and management consultancies.

Application deadline

01 August 2021

Tuition fees

Students living in United States
(international fees)

£ 24,900overall cost

Tuition fees shown are for indicative purposes and may vary. Please check with the institution for most up to date details.

University information

University of Reading

  • University League Table

    39th

  • Campus address

    University of Reading, Whiteknights House, PO Box 217, Reading, Wokingham, RG6 6AH, England

The University of Reading is an international community with more than 23,000 students from around 160 countries.
Reading is a lively town just 22 minutes from London Paddington by train, and 45 minutes from Heathrow Airport by coach. Windsor and Oxford are also close by.
Reading supports undergraduate, master's and doctoral students to maintain, improve and develop their academic English.

Subject rankings

  • Subject ranking

    20th out of 103 5

  • Entry standards

    / Max 220
    130 59%

    37th

  • Graduate prospects

    / Max 100
    88 88%

    17th

  • Student satisfaction

    / Max 5
    4.12 82%

    45th

    23

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