MSc in Financial Engineering
4.2 /5
- Public University
Henley Business School
Talk to ExpertMSc in Financial Engineering at University of Reading Overview
MSc in Financial Engineering
at University of Reading
The University of Reading is a popular destination among international PG students interested in pursuing MSc in Financial Engineering from abroad. The program can be pursued over a duration of 9 to 12 months. The University of Reading MSc in Financial Engineering program is considered part of the top ranked courses in UK. Candidates interested in pursuing the course must satisfy the specified eligibility criteria and secure valid scores in exams such as IELTS and PTE. Interested candidates are required to submit respective admission applications as soon as the admission window opens as there are limited seats to be filled.
The first year tuition fee for MSc in Financial Engineering at University of Reading is around GBP 24,300. Students must also plan for some other additional costs they may incur over the duration of studies such as rental, groceries, books, health insurance, etc. The average estimated cost of living at University of Reading is around GBP 5,173.
Duration | 9 months - 1 years |
Tuition & Fees | ₹29.14 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
MSc in Financial Engineering
Table of content
- Overview
- Fees
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
MSc in Financial Engineering at University of Reading Fees
MSc in Financial Engineering
at University of Reading
Students interested in pursuing a MSc in Financial Engineering from University of Reading must fulfil the associated monetary requirements that come with the course. The fee structure includes the payment of the first-year tuition fee. Students must also plan for some other costs they may incur associated with living in UK such as rent, food, medical, travel and other expenditures. The overall estimated cost of living students can expect to incure is around GBP 5,173.
The cost may vary as per the lifestyle being pursued by the students and some other fees that may be charged by University of Reading over the duration of studies. The first year tuition fee for MSc in Financial Engineering is around GBP 24,300.
For a more detailed fee breakdown regarding the MSc in Financial Engineering from University of Reading, refer the table given below:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 29,13,813 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 6,20,294 |
| Transportation | INR 93,530 |
Calculated at the exchange rate of 1 Pound = INR 119.91 | Tuition & expenses were last updated on 19ᵗʰ April 2025Download exam sample paper
IELTS
IELTS
Duolingo
PTE
MSc in Financial Engineering at University of Reading Entry Requirements
MSc in Financial Engineering
at University of Reading
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 60%
- Minimum 2:1 or the equivalent from an overseas institution
- Degree Discipline – Quantitative discipline – must have a very good existing level of numeracy. Mathematical and engineering degrees are preferred
Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
PTE
- Marks - 64/90
- with no area less than 51
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
IELTS
- Marks - 6.5/9
- Read less
- with scores of no less than 6.0 in each of the four 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
Other eligibility criteria
Students may be asked to provide GMAT score
Sign-up to view details
MSc in Financial Engineering at University of Reading Application Process
MSc in Financial Engineering
at University of Reading
Step one
Prepare documents for application
SOP
- Submit a statement of purpose - It should outline academic performance, interest in applying to master’s study, any relevant work experience and skills gained
LOR
- Contact details for two academic/professional references
CV
- Required for MBA program
Step two
Additional documents required
- Full transcripts of all degree programmes taken. If these are not in English, a certified translation into English is required. Please do not mail original copies; the university only requires PDF copies via electronic upload,
- an English language certificate
- a copy of applicant's passport (for international students)
Step three
Start your online application
MSc in Financial Engineering at University of Reading Rankings
MSc in Financial Engineering
at University of Reading
University Ranking
| Rank | Rank Publisher |
|---|---|
| #36 | |
| #65 | |
| #73 |
MSc in Financial Engineering at University of Reading Placements
MSc in Financial Engineering
at University of Reading
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes, The work placement and project module is optional |
University of ReadingStudents Ratings & Reviews
4.2/5
5 Verified ReviewsStudent Views (Based on Reviews)
- 71% students never faced discrimination in this university
Vibe of Campus
Friendly
Easy going
Multi-dimensional
Academically oriented
Internships2.8
Part time work4.4
Post study jobs4
Quality of faculty4.6
Student Life4.2
Value for money4
Public transportation4.8
Safety4.8
Indian Food4.4
Permanent Immigration3.6
A
Anonymous
MSc in Food Economics and Marketing - Batch of 2025
Offered by University of Reading
4.6
Welcoming, diverse and a fun student space.
Tips: Transition to UOR was super smooth, though there was a cultural difference for sure but the university hosted a lot of events and get togethers that made the university life sorted and very less hectic.
Likes (Quality of faculty): The faculty is very appreciative, approachable and always answers questions and have a willingness to come up with new concepts and content in every other lecture, plus it is quite a diverse faculty as well so you don't feel overwhelmed and left out.
Dislikes (Permanent Immigration): I rated 3 because while the UK has a lot of opportunities, staying back is very skill and course dependent. NHS and other skill shortage courses only gives settlements. In marketing, that is really less. Jobs are still there but very less sponsored jobs.
Total Monthly ExpensePound 1225
Prepping time for classes9 hours/Week
Expected Annual SalaryPound 25825
A
Anonymous
MSc in Data Science and Advanced Computing - Batch of 2024
Offered by University of Reading
4.2
Due to the recession in the UK, only a few companies are offering sponsorships.
Tips: Students should consider whether they can secure a job after graduation. Knowing a European language is a plus point. Check for the scholarship and find any universities offering it, and also the fees, whether it is the same everywhere. Also, investigate placement assistance and the campus environment.
Likes (Quality of faculty): They are nice and approachable. They make sure to understand us, guiding us in all aspects, and they did a very good job with the practicals. Though the British accent is tough to understand for Indians, they will use the tone, which can be easily understood by everyone.
Dislikes (Post study jobs): Due to the recession in the UK, only a few companies are offering sponsorships. Packages are generally around 35,000, which is not enough for sponsorship. Keep this in mind if you plan to settle in the UK, as nationality and visa issues can sometimes be a problem.
Total Monthly ExpensePound 1400
Prepping time for classes20 hours/Week
Expected Annual SalaryPound 150000
A
Anonymous
MSc in Nutrition and Food Science - Batch of 2023
Offered by University of Reading
3.7
University of Reading: Home to new experiences! Become bold and confident.
Tips: Be more open to new environments, cultures, and academic styles. Joining different clubs can make the transition easier.
Received a scholarship of £4000 by applying to centenary and subject scholarships through the university website.
The structure for the course is good but I wish it included more practical work throughout course.
Likes (Indian Food): Lot of options for Indian food, and Indian grocery stores are also available within a reasonable distance. Many restaurants offer Indian food and are also suitable for vegetarians. I was also lucky enough to be able to do part-time in an Indian restaurant as part of the front office.
Dislikes (Internships): Although the university publishes opportunities that are available for students, they are most often not for master’s students and very less opportunities for overseas students. And as an international student, you will not be able to apply for internships due to work permit restrictions.
Total Monthly ExpensePound 700
Prepping time for classes18 hours/Week
Expected Annual SalaryPound 19650
B
Brishketu Kislay
MSc in Business Technology Consulting - Batch of 2023
Offered by University of Reading
4.8
Good college and value for money.
Tips: I have become a more responsible person once I reached here. In terms of knowledge, I can say I have gained practical experience in different domains which were new to me. I did get a scholarship of 3000 pounds and that was based on my IELTS score and I can say I am fully satisfied with it.
Likes (Quality of faculty): The faculty is quite approachable. They give out their time when the students can actually go out to them and ask queries. Diversity in teaching style and methodology is present as various methods are taught for the same subject and it enhances our knowledge.
Dislikes (Internships): In terms of applying for the internships, the help is given by the university. Also Reading being closer to London gives the opportunity to apply for jobs in a wider range of companies and in various domains. Some internships are indeed present in the field of study.
Total Monthly ExpensePound 952
Prepping time for classes25 hours/Week
Expected Annual SalaryPound 50090
Mridul Soni
MSc in Data Science and Advanced Computing - Batch of 2023
Offered by University of Reading
3.5
Course modules are good for this course
Tips: Make sure to have knowledge of modules before joining. Professors only read the ppts they have made, we have to apply those practically to understand. Exam patterns/assignments are different than what we have in our country. So you have to make extra efforts to excel in the course modules.
Total Monthly ExpensePound 1064
Prepping time for classes15 hours/Week
Expected Annual SalaryPound 40479
View All 7 Reviews
MSc in Financial Engineering at University of Reading Highlights
MSc in Financial Engineering
at University of Reading
- 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
- The compulsory modules provide a firm grounding in probability theory, stochastic calculus, derivatives pricing, quantitative and numerical methods, structuring products, volatility analysis, and the modeling of credit, equity, foreign exchange, and interest rate derivatives
- The program also provides thorough training in C++ and other programming tools
- Optional modules will allow students to focus on risk analysis, portfolio management, designing trading strategies, or econometric analysis. A good background in mathematics is required for acceptance to this program (see entry requirements)
Read more
MSc in Financial Engineering at University of Reading Scholarships
MSc in Financial Engineering
at University of Reading
Scholarship information is not available. You can apply to non-college specific scholarships available for
UK.
View all 43 scholarships
Resources for you
Learn the process in simple steps with these guides handpicked for you
Explore courses offered by University of Reading
Select the Degree you are Interested in
Other Courses offered by University of Reading
1 year
12 months
View Other 537 Courses
Similar courses in different Universities
University of York
York, UKPublic
Boston University
Boston, USAPrivate
17 months
₹ 50.4 L
PTE +5 moreTOEFL, GMAT, IELTS, GRE, Duolingo
North Carolina State University
Raleigh, USAPublic
Texas A & M University
College Station, USAPublic
University of Washington
Seattle, USAPublic
Boston University
Boston, USAPrivate
Johns Hopkins University
Baltimore, USAPrivate
University of Maryland
College Park, USAPublic
EDHEC Business School
Lille, FrancePrivate
Singapore Management University
Singapore, SingaporePublic
About the author
joisha verma
Study Abroad Expert
Joisha is a passionate writer, specialized in writing engaging and meaningful content with skilled research and styles.
Study in UKUniversities in UKUniversities in ReadingUniversity of ReadingMSc in Financial EngineeringMSc in Financial Engineering at University of Reading Popular & recent articles
MSc in Financial Engineering
at University of Reading
View more articles
MSc in Financial Engineering at University of Reading Contact Information
MSc in Financial Engineering
at University of Reading
Address
Whiteknights, PO Box 217, Reading
Berkshire, RG6 6AH
United Kingdom
Reading ( Berkshire)
Phone
Go to College Website ->