, Programs, Tuition Fees & Entry Requirements 2022-2023

Master of Science [M.Sc] [Financial Engineering] From University of Birmingham

Birmingham, EnglandLocation
UniversitySchool type
Estd1900established year
28354enrollment
Public
5.8/10

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

1 year
Full Time
On Campus

23,040/Yr

23,040 /Yr
  • The University of Birmingham offers an M.Sc in Financial Engineering program for a duration of 1 year.
  • It is an on-campus program and available Full-time.
  • The Financial Engineering Masters program will support students to achieve the highest levels in mathematical finance, developing the most advanced computational and programming techniques. This will enable them to advance quickly in a field where there is a global demand of highly qualified people.
  • Financial engineering is a multi-disciplinary field that involves the application of computational engineering, software engineering, and computer programming skills, along with underlying mathematical and statistical theories, to analyze and manage financial opportunities.
  • The program is for strong (1st, 2.1, or equivalent) graduates from programs in mathematics, or programs with advanced mathematical components, and who wish to pursue a career in quantitative analysis in economic or financial sectors with state-of-art mathematical methods, computational skills, and programming expertise. 
  • By this program, students will be able to focus on finding optimal solutions to financial problems in broader and challenging environments.
  • Job opportunities after the M.Sc in Financial Engineering and the average salary goes up to 92,831USD.

Important Dates

Applications are accepted until the program is full.

Tuition Fees

Year1st Year Fees
Tuition Fees23040

Other Expenses

HeadAvg Cost Per Year
Room And Board10645
Total Cost10645

Previous Year Tuition Fees

Year1st Year Fees
202223850
202130082

Eligibility & Entry Requirement

Academic Eligibility:

  • Students should have Bachelor's degree (4 years) from a recognized university and institution.
  • Higher Mathematics and Physics or Engineering Science.
  • An average GPA of 3.5 or more.

Indian Student Eligibility:

  • Indian students are eligible to apply if they meet the following eligibility criteria:
    • Students must have a minimum GPA of 65%-70%
    • A four-year Bachelors degree (first-class or very good upper second class)
    • Or A three-year Bachelor's degree (first-class) from recognized institutions in India.
    • MSc programs the Business School will consider holders of three-year degree programs (first-class or very good upper second class) from recognized institutions in India.
    • Standard English language requirements apply.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/PTE any equivalent test to get admission to this program.


Scores Required

80 / 120

Avg. Score in

TOEFL

5.5 / 9

Avg. Score in

IELTS

60 / 90

Avg. Score in

PTE

298 / 340

Avg. Score in

GRE


Required Document List

The following required documents are:

  • References: On Student's applications, they will have been asked for contact details of one or two references. For some courses, they will need the references before a decision to be made eg. School of Education courses.
    • The reference is on official headed paper with the organization or university’s logo and address
    • It includes the date, your details and the details of the referee
    • A summary of how they know you and confirm your suitability for studying on the course you have applied for
    • It should be signed by the referee with their official contact details.
  • Academic certificate and transcript(s) for all prior degrees: 
    • Students will have been asked to upload a scan of their original or certified copies of their degree certificate(s) and transcript(s) on the Postgraduate Application Portal.
    • Send in their original or certified copies of their documents if the Admissions team requests to verify them.
    • If students don’t have certified copies of their documents and would prefer not to send the original, they can get copies certified by either the institution where they studied; a notary; or the British Council (students outside of the UK).
  • Research proposal: If students have applied for a research-based programme (MRes, MPhil, PhD, etc.) they will have been asked to submit a research proposal.
  • Sample work: If students are required to submit a piece of example work usually a short written piece (common for programmes such as Creative Writing or English Literature); music composition or performance for those looking to study music-related programmes they will be notified by the academic tutor before they can access and make a decision on their application.  
  • Test Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, PTE, or other test scores.

Career and Placement after Course

Following are the Job opportunities of M.Sc in Financial Engineering are:

  • Quantitative analysis
  • Risk management
  • Investment analysis
  • Trading
  • Banking.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Aviva ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Deutschland Stipendium ProgramScholarship per student 4,363/Yr$4,363Level Of StudyBachelorTypeCollege-Specific
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Paul Foundation scholarshipsScholarship per student 20,174/Yr$20,174Level Of StudyDiplomaTypeMerit-Based
Goa Education Trust ScholarshipsScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Debesh Kamal ScholarshipScholarship per student 1,385/Yr$1,385Level Of StudyBachelorTypeMerit-Based


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