Master of Science in Quantitative Finance and Risk Management
4.1 /5
- Public University
Newcastle University Business School
Talk to ExpertMaster of Science in Quantitative Finance and Risk Management at Newcastle University Overview
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
Newcastle University has been pioneering Master of Science in Quantitative Finance and Risk Management at PG level. The program has a duration of 12 months. This particular course is directed towards individuals who seek a higher level of the educational cycle. The program is considered one of the best in the country, which is responsible for the program's excellent quality and honoring. For the course, applicants must satisfy evaluation based on eligibility criteria among which entrance scores obtained in tests such as IELTS, TOEFL, PTE and Duolingo are imperative for attaining admission. The Newcastle University tuition fee for the first year to pursue this course is Pound 21,600 (INR 2,792,880). Added should be living expenditures, rent, hostel fees, boards, books and supplies, utilities, or any other expense for the course. This complete budgeting plan ensures that the students go through their college life hassle-free.
Duration | 12 months |
Tuition & Fees | ₹27.17 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Quantitative Finance and Risk Management
Table of contents
Master of Science in Quantitative Finance and Risk Management at Newcastle University Fees
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
Students can pursue Newcastle University Master of Science in Quantitative Finance and Risk Management at an affordable cost. The university tuition fees for the program is Pound 21,600 (INR 2,792,880). Apart from tuition fees, students also manage additional costs such as Hostel & Meals, Transportation, Books and Supplies, Personal Expenses, etc. The total expense may vary at the university, depending on the additional charges levied by the Newcastle University.
International students have to make a budget to manage the cost of living, which is Pound 4,816 (INR 622,709).
Students can check the table below for Newcastle University Master of Science in Quantitative Finance and Risk Management fee breakup:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 27,16,908 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 6,05,770 |
| Insurance | INR 66,539 |
Calculated at the exchange rate of 1 Pound = INR 125.78276 | Tuition & expenses were last updated on 28ᵗʰ November 2025Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
Master of Science in Quantitative Finance and Risk Management at Newcastle University Entry Requirements
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 60%
- Read less
- Applicants must have a 2:1 honours degree other than that a international equivalent
- Prerequisites are
- Basic calculus
- Probability theory
- Statistical inference
- Applicants can also have any of the qualifiations as
- Bachelor Degree
- Bachelor Pass or General degree in Arts, Science or Commerce
- Bachelor Special or Honours degree
- Bachelor degree in professional subjects
- Applicants must have a 2:1 honours degree other than that a international equivalent
- Prerequisites are
- Basic calculus
- Probability theory
- Statistical inference
- Applicants can also have any of the qualifiations as
- Bachelor Degree
- Bachelor Pass or General degree in Arts, Science or Commerce
- Bachelor Special or Honours degree
- Bachelor degree in professional subjects
Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
TOEFL
- No specific cutoff mentioned
Sign-up to view details
Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
PTE
- Marks - 62/90
- With a minimum of 56 in all sub-skills
IELTS
- Marks - 6.5/9
- Read less
- With a minimum of 6.0 in all sub-skills
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Duolingo
- No specific cutoff mentioned
Sign-up to view details
Master of Science in Quantitative Finance and Risk Management at Newcastle University Application Process
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
Step one
Prepare documents for application
LOR
- Applicants need to include contact details for two referees. At least one of the referees should be able to comment on the applicant's academic ability
CV
- A CV is required
- Applicants are required to include a copy of your CV. Your CV should highlight your relevant prior experience relating to data science, including programming and/or statistics experience (Specifically for Msc Data Science (with Specialisation in Artificial Intelligence) program))
Step two
Additional documents required
- A transcript of degree studies
- Certificates to confirm the degree of the highest qualification
- ELP scores
- Copy of the passport
- As part of the application process, applicants are required to conduct a compulsory self-assessment of their programming skills using Rafael Poss’ matrix (For MSc Cyber Security)
- Personal Statement
- A research proposal for research programs, if requires
- Submit the portfolio (For MArch)
- Submit a 500-word answer to the following question, ‘Discuss the ethical and societal implications of an aspect of Data Science’ (Only for MSc Data Science)
Step three
Start your online application
Master of Science in Quantitative Finance and Risk Management at Newcastle University Rankings
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
University Ranking
| Rank | Rank Publisher |
|---|---|
| #35 | |
| #82 | |
| #21 |
Master of Science in Quantitative Finance and Risk Management at Newcastle University Placements
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
| Particulars | Statistics (2021) |
|---|---|
| % Batch placed | 92 |
| Internship Available | Yes |
Newcastle UniversityStudents Ratings & Reviews
4.1/5
39 Verified ReviewsStudent Views (Based on Reviews)
- 63% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Friendly
Fun loving
Multi-dimensional
Internships3.7
Part time work3.7
Post study jobs3.7
Quality of faculty4.5
Student Life4.6
Value for money4.1
Public transportation4.7
Safety4.6
Indian Food3.9
Permanent Immigration3.6
S
Shivani Rijhwani
MSc in Digital Business - Batch of 2023
4.4
Learning, Growing and Everything in Between
Tips: The changeover also went pretty smoothly. There were certainly changes in terms of culture, but I really appreciated having the chance to try new things and meet people from different backgrounds, as well as gaining some freedom. This is a highly enriching experience for me. I am very satisfied with my entire experience here. I've had a wonderful time at Newcastle University.
Likes (Quality of faculty): 1. The faculty of Newcastle Business School was very courteous and helpful to me during the course. They were always willing to help me out with anything concerning the course content or assignments. It was nice how approachable and friendly they were to us, students.
2. One thing that I noticed about the education system in the UK was how much they focus on research and independent thinking. It was important for us to read a lot, ask questions, and base our views on research. This has affected the way that I work a lot since I now start to search and understand the background of anything that I am going to work on.
3. The teachers were also very diverse, coming from different parts of the world, such as the UK and Europe, China, and India. The combination of all these people contributed to a very diverse environment in terms of knowledge, experience, and methods in the classroom.
Dislikes (Permanent Immigration): I rated permanent immigration and settlement options a 3 because the current UK immigration landscape has become more restrictive, with visa requirements and sponsorship limitations making long-term settlement more challenging. While I had a very positive experience in Newcastle. Its regional job market is relatively smaller compared to cities such as London or Manchester, so students looking to build a long-term career may need to consider relating. That said. I don't SEE this as a negative reflection on Newcastle or the university. Ultimately, opportunities also depend on how proactively one builds experience, networks, and approaches the job market. My advice would simply be to understand the visa landscape and employment opportunities early and make informed choices from the beginning. Given the chance, I would genuinely love to move back to the UK and build my career there permanently. I thoroughly enjoyed my time in the UK both personally and professionally, and felt very comfortable with the culture, lifestyle, and overall environment. I would be happy to explore opportunities that could allow me to return and establish a long-term career there.
Total Monthly ExpensePound 250
Prepping time for classes10 hours/Week
Expected Annual SalaryPound 30300
A
Anonymous
BSc Honours in Computer Science - Batch of 2028
4.3
Newcastle University - a home away from home
Tips: One thing that students should know about the university is that it is far up north in England. It can get pretty chilly and has comparatively shorter days in winter. So, it can be a couple of dark months. However, that also helps beat the summer heatwaves since it's comparatively colder than down south. Along with that, it's a city very close to the beautiful coast.
Likes (Public transportation): Public Transport abroad can be rather daunting to figure. However, Newcastle is a beautiful city with good connectivity throughout, with buses, the metro and a train station right in the city centre. Under the age of 22, the buses and metro cost 1 pound, which is quite reasonable and makes it really easy to use public transport.
Dislikes (Value for money): Value for money is something I can't comment on as of now. However, in my experience so far, the course is a perfect blend of in-person contact hours and independent study, with loads of practical work as one would need in a course like Computer Science. It is not the most mathematically focused course, so I do believe that is an area the course lacks a bit in.
Total Monthly ExpensePound 900
Prepping time for classes20 hours/Week
Expected Annual SalaryPound
Y
Yashika Jindal
BSc Honours in Computer Science - Batch of 2028
4.3
this university is a home away from home.
Tips: I thoroughly enjoy studying at the university, it's a beautiful and affordable city close to the coast. It can be quite cold up north. The university also provides scholarships, I myself have a 50% scholarship that reduces my tuition halfway. The city and the people are super friendly, and it has a lot of active societies.
Likes (Internships): The university's career portal has a lot of internships and graduate programs on there. Along with that, the university has its own internships, which are basically small businesses and startups partnering with the university and hiring students from the university for internships. There's a bunch of opportunities for every field.
Dislikes (Permanent Immigration): Keeping in mind the present status of the job market as well as that of the visa program, it would be quite difficult to forecast anything about the future. But in light of the present scenario, an individual who works hard and has a sponsor will be eligible for ILR. Also, if an individual sets up his business in line with the guidelines laid down by the government, then he will be eligible for a Tier 1 visa and hence ILR within three years.
Total Monthly ExpensePound 300
Prepping time for classes20 hours/Week
Expected Annual SalaryPound
L
Lakshmi chitra
MA in Art Museum and Gallery Studies - Batch of 2025
4.1
Newcastle University: Learning, having fun and surviving the UK weather
Tips: The student mix at Newcastle is awesome and super diverse, but moving here was still a massive shock to the system at first. I had to get used to the local lingo, figure out the food situation, and deal with that freezing Northeast weather all at once. It took some serious adjusting. Honestly though, looking back I’m so glad I made the move. The course gave me a ton of real-world international exposure and my entire experience in the UK has been completely worth it.
Likes (Value for money): I gave value for money a solid 5 because honestly, Newcastle gives you a massive bang for your buck. You aren't just sitting in lecture halls memorizing theories; the course actually balances the heavy academic stuff with real, hands-on projects you can use on a CV. The campus facilities are top-tier too—whether you're grinding in the libraries or using the specific lab spaces—and the professors actually give a damn and support you when things get intense. Plus, when you factor in how much cheaper it is to live in Newcastle compared to cities down south, the quality of education you're getting for the tuition fees is a massive win. Looking back, the whole experience was completely worth the investment.
Dislikes (Permanent Immigration): I rated 3 case settings in the UK, as an international student can be difficult in the long run. Although there are post-study work opportunities, it heavily depends on sponsorship and meeting visa requirements, which can change over time. So it still feels a bit uncertain sometimes.
Total Monthly ExpensePound 2500
Prepping time for classes14 hours/Week
Expected Annual SalaryPound
S
Swedha Thananzayan
MSc Computer Science - Batch of 2026
3.9
Most companies look for experienced people rather than students.
Tips: It's life-changing. I often neglected my health because of back-to-back classes and a job. It was very could and I got a lot of skin and health issues. You need to be an extraordinary person to avail a scholarship and allowance. The University and the lifestyle were worth it but I wish I did my Bachelor's there instead of a 1 year Masters because most graduate programmes and internships are catered towards Bachelor studies. They also get to other opportunities like exchange programs, etc.
Likes (Indian Food): The city itself was known for it's multicutural aspect and the wide options for Asian cusine. There is a Chinatown right next to the School of Computing campus and there's an South east Asian market 15 minutes away from the campus. The city itself is pretty small and you could find Turkish, Chinese, Korean, Japanese, North Indian, South Indian and many more. I usually cook for myself or go to the canteen in our INTO campus.
Dislikes (Post study jobs): Most companies look for experienced people from India rather than Indian students studying there. It was hard for me to look for a full time job and I returned to India immediately after my studies. I think engineers have better job options and desk jobs are something treated like anyone can do after training. It's better to niche down an area of interest.
Total Monthly ExpensePound 1000
Prepping time for classes30 hours/Week
Expected Annual SalaryPound 28000
View All 43 Reviews
Master of Science in Quantitative Finance and Risk Management at Newcastle University Highlights
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
- This course of Quantitative Finance and Risk Management MSc will develop the understanding of generalist finance issues.
- Students will also develop specialist practical skills in quantitative methodology and risk management.
- Worldwide growth in the financial services sector has fuelled the demand for graduates with a sound understanding of generalist finance issues, combined with specialist skills in quantitative methodology and risk management. This course meets this demand.
- The course advances the understanding of:
- operation and behaviour of financial markets and investors
- This course will provide opportunities for you to develop relevant skills and a practical understanding of:
- the ability to analyse the strategies of financial market investors
- the role of finance in a modern economy
Read more
Master of Science in Quantitative Finance and Risk Management at Newcastle University Scholarships
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
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Master of Science in Quantitative Finance and Risk Management at Newcastle University Contact Information
Master of Science in Quantitative Finance and Risk Management
at Newcastle University
Address
Newcastle University, NE1 7RU, United Kingdom
Newcastle upon Tyne ( Tyne and Wear)
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Email
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