MSc in Financial Engineering
4.1 /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
One of the most famous programs at University of Reading is MSc in Financial Engineering at PG course with the duration of 9 to 12 months. Indian students applying for MSc in Financial Engineering program must submit all the required documents as per university guidelines. Indian students must submit proof of English proficiency exams such as IELTS and PTE. Indian students must apply as soon as possible, as the seats are limited. University of Reading tuition fee for first-year is GBP 24,300. Furthermore, students must prepare themselves for crucial living cost, accommodation, hosted fee, book and more. The cost of living at University of Reading is GBP 5,173.
Duration | 9 months - 1 years |
Tuition & Fees | ₹28.20 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 contents
MSc in Financial Engineering at University of Reading Fees
MSc in Financial Engineering
at University of Reading
To get admission in MSc in Financial Engineering at University of Reading students need to cover tuition fees and living costs. The fee structure varies based on whether the student is domestic or international. For international students the tuition fee for the first year is GBP 24,300. In addition to this students should budget for
- Other living expenses
- including
- housing
- food
- transportation
- books and personal expenses
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 28,20,015 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 6,00,327 |
| Transportation | INR 90,519 |
Calculated at the exchange rate of 1 Pound = INR 116.05 | 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
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GPA
Percentage
CGPA
Out of 4
PTE
- Marks - 64/90
- with no area less than 51
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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 | |
| #201 |
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
4.1/5
8 Verified ReviewsStudent Views (Based on Reviews)
- 60% students never faced discrimination in this university
Vibe of Campus
Friendly
Academically oriented
Easy going
Multi-dimensional
Internships2.9
Part time work4.4
Post study jobs3.6
Quality of faculty4.6
Student Life4.4
Value for money3.9
Public transportation4.8
Safety4.8
Indian Food4.5
Permanent Immigration3.3
A
Anonymous
MSc in Data Science and Advanced Computing - Batch of 2023
4.1
Friendly and engaging university.
Tips: Mainly, if you follow the process and instructions, everything will be fine, and self-analysis and approach are important in learning new cultures, and the approach towards study is important. Networking plays an important role abroad; you need to make friends, meet new people and interact with them in terms of any help or opportunities. There is a help desk and friendly staff are there to guide you if you have any queries.
Likes (Student Life): College life was much more engaging and interactive; you get enough time to submit your projects and engage in other cultural activities or clubs and other events but securing a job is tough; it entirely depends on your hard work and self-study and personal projects. There is inclusion and it's a big campus and you can able to access the student library and all software mostly for free and you find all types of food and people from different races as well and friendly too.
Dislikes (Permanent Immigration): Move to the UK if you have enough experience in your current field, maybe around 5 years, if you are planning to study for a master's or want to get PR in the UK. Be skilful and be open-minded to learn new things and networking plays an important role in reaching out to companies' people as much as you can to get a sponsorship role. As there are new laws coming up in 2026 so be prepared to approach it strategically.
Total Monthly ExpensePound 775
Prepping time for classes19 hours/Week
Expected Annual SalaryPound 32775
A
Anonymous
MSc in Data Science and Advanced Computing - Batch of 2024
4.2
A university that gives you education, lovely environment and part time work options as well.
Tips: First, understand what you are going to study, so please look for all the modules in the course. Look for scholarships; there are plenty that you can avail yourself of based on qualifications. I am very satisfied. My faculty is very nice with proper understanding and lab practices.
Likes (Safety): Health and safety are top priorities in the UK, so everywhere, whether it's your class, accommodation or your workplace, they always take care of health and safety as a top priority. Even though it's safe to roam around at any time, there is a club on campus, so it is not required to go out to have fun.
Dislikes (Post study jobs): Do not depend on the college. They will not help you with jobs. You need to work hard and find jobs in the current market. It's hard to find a job in your post-study work visa programme, which brings a challenge for individuals, as you need to get a job with a visa as well.
Total Monthly ExpensePound 1000
Prepping time for classes40 hours/Week
Expected Annual SalaryPound 40000
A
Anonymous
MSc in Food Economics and Marketing - Batch of 2025
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
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
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
View All 10 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 44 scholarships
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Tasneem Hoda is a Content Creator and Writer working for Shiksha.com. Her role includes developing and maintaining web pages for international universities at the Shiksha Study Abroad Portal, ensuring accuracy, completeness, and alignment with instit...Read Full Bio
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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 ->