Financial Engineering MSc
University of Glasgow Campus, United Kingdom
MSc in Financial Engineering
University of Glasgow
Financial Engineering
MSc Financial Engineering at the University of Glasgow
The MSc in Financial Engineering at the University of Glasgow combines finance, mathematics, and computational techniques with real-world industry engagement. You will gain hands-on experience with industry-standard tools such as Python, R, and MATLAB, preparing you for data-driven decision-making in the modern financial landscape.
This programme explores cutting-edge topics including stochastic modelling, risk analytics, and applied computational finance. Delivered by the triple-accredited Adam Smith Business School, it merges finance and technology to equip you with the analytical and programming skills demanded by today's financial sector.
Through guest lectures, real-world industry projects, and interactive workshops, you will learn from professionals working in hedge funds, investment banks, and asset management. Graduates are prepared for diverse and high-demand careers across the finance and technology industries.
Key Program Highlights
- Delivered by the triple-accredited Adam Smith Business School with strong ties to the global finance industry
- Hands-on training in Python, R, and MATLAB through practical projects and lab sessions
- Engagement with industry experts via guest lectures and real-world applied projects
- Opportunity to complete an applied industry project or research dissertation as a capstone
Curriculum and Modules
The programme structure consists of four core courses, two optional courses, and a substantial independent piece of work normally in the form of a dissertation or applied project. This design ensures a strong foundation in quantitative finance while allowing you to tailor your studies to your career goals.
Stochastic Calculus
Core ModuleCovers the mathematical foundations of stochastic processes and their applications in financial modelling, including Brownian motion, Ito calculus, and stochastic differential equations used in derivative pricing.
Applied Computational Finance
Core ModuleFocuses on computational methods and programming techniques used to solve complex financial problems, including numerical simulation, Monte Carlo methods, and algorithm implementation in Python and MATLAB.
Financial Econometrics
Core ModuleIntroduces modern econometric methods with a focus on regression analysis and empirical research techniques applied to financial data, enabling you to conduct rigorous quantitative analysis.
Agent-based Modelling in Finance
Core ModuleExplores computational agent-based models to simulate financial markets and understand emergent phenomena, market dynamics, and the behaviour of heterogeneous financial agents.
Applied Project in Financial Engineering
Core ModuleA substantial independent capstone project where you apply your financial engineering skills to a real-world problem, either through an industry placement project or a research-based dissertation.
Mathematical Finance
Optional ModuleProvides an in-depth study of mathematical models used in pricing financial derivatives, portfolio optimisation, and risk management, building on stochastic calculus foundations.
Optional Courses
Admission Requirements
Admission to the MSc Financial Engineering is competitive, with offers based on relative performance compared to other applicants. Both your current GPA or degree classification and the relevance of your academic background are taken into account during the selection process.
Academic Requirements
- Degree Classification2.1 Honours degree (or non-UK equivalent) required
- Subject BackgroundEconomics, Finance, Engineering, Physics, or another highly mathematical discipline
- Quantitative SkillsStrong mathematical and quantitative background essential
- Competitive SelectionApplicants are ranked against each other within each application round
- Pre-Masters PathwayAvailable through Glasgow International College for those not meeting direct entry requirements
English Language Requirements
- IELTS AcademicOverall 6.5, with no subtest below 6.0
- TOEFL iBT79 overall (Reading 13, Listening 12, Speaking 18, Writing 21)
- Test ValidityTests must have been taken within the validity period specified by the university
Required Documents
Application Deadlines
For personalized admission guidance, document verification, and application support, please contact Uni4Edu
Scholarships & Funding
The University of Glasgow offers several funding opportunities for international postgraduate students. These scholarships can significantly reduce the financial burden of studying in the UK. Contact Uni4Edu for guidance on eligibility and application procedures.
Global Leadership Scholarship
GBP 10,000 tuition fee discountAvailable to international fee-paying students starting a full-time postgraduate taught Master's programme. For 2026/27, 281 scholarships are available, awarded based on academic excellence and leadership potential.
GREAT Scholarships 2026
GBP 10,000 tuition fee discountOffered in partnership with the British Council and the GREAT Britain Campaign to students from eligible countries including Greece, Spain, Pakistan, Kenya, and Bangladesh pursuing one-year postgraduate study.
African Excellence Award
Full tuition fee waiverUp to 16 scholarships for high-achieving students from across Africa starting a one-year postgraduate taught Master's programme, supporting future leaders who aim to positively contribute to their communities.
For detailed tuition fee information, please contact Uni4Edu — we will guide you through the costs and available funding options for this program.
Career Prospects
Graduates of the MSc Financial Engineering are well positioned for diverse and rewarding careers across the finance and technology sectors. The programme's combination of quantitative skills, computational expertise, and industry engagement ensures you are prepared for the complex challenges of modern financial markets.
Potential Career Roles
Typical Employing Sectors and Firms
Rankings & Recognition
The University of Glasgow is one of the oldest and most prestigious universities in the English-speaking world, founded in 1451. As a member of the Russell Group, it consistently ranks among the top 100 universities globally and is recognised for research excellence, sustainability leadership, and a commitment to social impact.
| Subject | Ranking Body | Rank |
|---|---|---|
| Social Sciences & Management | QS World Rankings | Top 150 |
| Business & Economics | THE Subject Rankings | Top 150 |
| Engineering & Technology | QS World Rankings | Top 250 |
| Economics & Econometrics | QS Subject Rankings | Top 200 |
How to Apply
Applying for this program is easy with Uni4Edu. Our team will guide you through every step of the process — from document preparation to final enrolment.
Contact Uni4Edu
Reach out to our team via email or phone. We will assess your profile and confirm your eligibility for this program.
Prepare Your Documents
Our advisors will provide you with a personalised checklist of required documents and help you prepare your application package.
Submit Your Application
Uni4Edu will submit your application on your behalf and keep you updated on its progress throughout the review period.
Receive Your Offer
Once accepted, we will help you understand your offer, arrange visa support if needed, and guide you through the enrolment process.
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