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
University of Reading offers MSc in Financial Engineering at PG level. Available for Indian students, this course can be completed in 9 to 12 months. To be eligible, Indian students should have required scores in exams such as IELTS, TOEFL, PTE and Duolingo. Also, they have to submit all the mandatory documents as part of the admission process. For an Indian student the budget to study at University of Reading should include tuition and cost of living. The first-year University of Reading tuition fee for MSc in Financial Engineering is Pound 24,300 (INR 3,141,990). The cost of living is approx Pound 5,173 (INR 668,869). The cost of living covers accommodation, food, travel, books, supplies and other expenses.
Duration | 9 months - 1 years |
Tuition & Fees | ₹31.14 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 contents
MSc in Financial Engineering at University of Reading Fees
MSc in Financial Engineering
at University of Reading
For attending the University of Reading for MSc in Financial Engineering, students have to pay the tuition fee as well as the living expenses. The University of Reading MSc in Financial Engineering fee structure varies for domestic and international students.
Foreign students will have to pay Pound 24,300 (INR 3,141,990) for the first-year of study. Other than the annual tuition fee, they will also have to cover the living expenses (includes housing, food, transportation, books and supplies, and other miscellaneous expenses), which is around Pound 5,173 (INR 668,869) for overseas students. Based on the student’s lifestyle and purchasing power, the cost of living varies.
Refer to the table below for the breakdown of expenses for the University of Reading MSc in Financial Engineering cost of attendance:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 31,13,780 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 9,63,606 |
| Transportation | INR 99,948 |
Calculated at the exchange rate of 1 Pound = INR 128.13908 | Tuition & expenses were last updated on 4ᵗʰ September 2026Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
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
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GPA
Percentage
CGPA
Out of 4
TOEFL
- No specific cutoff mentioned
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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
PTE
- Marks - 64/90
- with no area less than 51
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 |
|---|---|
| #43 | |
| #27 | |
| #65 |
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
13 Verified ReviewsStudent Views (Based on Reviews)
- 73% students never faced discrimination in this university
Vibe of Campus
Friendly
Academically oriented
Multi-dimensional
Easy going
Internships3.1
Part time work4.5
Post study jobs3.7
Quality of faculty4.7
Student Life4.5
Value for money4
Public transportation4.8
Safety4.8
Indian Food4.6
Permanent Immigration3.2
A
Anonymous
MSc in Management (International Business) - Batch of 2023
4.3
You will be a different person after you graduate if you plan your goals ahead.
Tips: You will definitely get cultural socks. It's nothing you can't handle. I unfortunately didn't apply for scholarships. My course academically was very generic, but I gained other social skills. If applying for the University of Reading, I would recommend a bachelor's or master's in finance, as Reading is known for its course in finance.
Likes (Quality of faculty): All professors are very friendly; they guide you if you are stuck. Teaching is very professional at the same time very casual; everyone is approachable. Faculty can be diverse, depending on the modules. All the abovementioned will only work if you are interactive and you are willing to speak up. No faculty will come to you and ask unless you approach.
Dislikes (Internships): A lot of guidance is available, and job/internship failures are conducted every now and then. You need to be very patient and need to put in a lot of effort to show uniqueness while applying for a job or internship. Yes, available internships were relevant to my study, as my course can include different industries.
Total Monthly ExpensePound 1275
Prepping time for classes14 hours/Week
Expected Annual SalaryPound 30450
A
Anonymous
MSc Management - Batch of 2023
4.6
A Welcoming University with Strong Academics and Global Exposure
Tips: Before coming to Reading, you should definitely be ready for how much independent study there is. Nobody’s going to hold your hand, so you really have to stay on top of your own time, especially when it comes to the research stuff and assignments. My transition was not too bad overall but the culture shock at the start was real. The classes here are way more focused on critical thinking than what I was used to back home.
Socially, it took me a minute to find my feet, but getting involved in a few uni clubs made a massive difference for making friends. I did look into their scholarships during the application process—they’re mostly based on your grades, and if you get one, it usually just knocks a bit off your tuition, which definitely helps. Honestly, I’m really glad I came. The campus has a great vibe, the tutors are actually supportive, and just living in the UK gives you a ton of perspective. Keeping up with expenses is definitely a struggle, but the whole experience has been 100% worth it.
Total Monthly ExpensePound 800
Prepping time for classes20 hours/Week
Expected Annual SalaryPound
A
Anonymous
Masters in Entrepreneurship (Financing) - Batch of 2026
3.7
Pretty campus and good lessons.
Tips: The campus is extremely vibrant and has some really scenic spots and lakes with a lot of greenery as well. In terms of academics, you will be expected to have an independent approach and a lot of things are assumed to be understood especially certain concepts and fundamentals so remember to be prepared before classes. Critical writing took me a while to grow comfortable with. Good for students.
Total Monthly ExpensePound 1925
Prepping time for classes31 hours/Week
Expected Annual SalaryPound 99875
D
Dhruv Chopra
MSc in Management (International Business) - Batch of 2024
4.3
A life changing decision
Tips: Honestly, the whole experience just shifted my entire outlook. It changed how I look at different industries, sure, but it also made me way more level-headed in how I handle things now. I feel like a completely different person than when I started, and I’m actually really proud of that growth. If you get the chance to do this, you should 100% go for it. xox
Likes (Safety): You’ve got CCTV pretty much all over campus, so walking around never really feels sketchy. Even the area just outside is monitored, which definitely helps you feel more at ease. Honestly, the city as a whole is just incredibly safe and even if you're heading home late at night, you never really get that feeling like you need to keep looking over your shoulder.
Dislikes (Internships): The placement cell helps their best to get internship bit for masters sometimes it gets difficult as you get very less time to apply,
But for bachelor’s the support is satisfactory and I have seen majorly everyone getting internship during their bachelorette
Total Monthly ExpensePound 3875
Prepping time for classes15 hours/Week
Expected Annual SalaryPound
A
Anonymous
MSc Management - Batch of 2026
4.7
Peaceful, exciting yet academically rigorous.
Tips: The major cultural shock was the cold; eventually, people will get used to it. If you have zero skills in cooking my advice is to learn cooking, as ordering online or eating out makes a hole in your wallet. I received a scholarship of 10,000 pounds however there are multiple fully funded scholarships available and I would definitely recommend going through them like Felix Scholarship, Chevning Scholarship, etc. I am 100 percent satisfied with the university however it is 20 minutes from London so if someone really wants to live in the hustle and fast pace environment, I would not recommend this university.
Likes (Public transportation): For our university there is a dedicated bus service which operates 24hours, not only this, but the bus service also has a dedicated bus stop inside the university for easy commute. Affordability is amazing as the university is planning to become net carbon zero so they promote bus services for students and provide bus tickets at a lower price for university students.
Dislikes (Permanent Immigration): If you look at the chances to settle in the country there are many ways to do so like finding a sponsor, Innovative founder visa for new startups which can contribute to the ecosystem, self sponsorship for someone who wants to set up a business there are multiple routes through which one can find permanent settlement however all these routes are extremely competitive and only the best out of rest can make a good use of it. Looking at it through a political lens tells a very different story, as the new amendments to immigration rules and regulations are still under discussion, and obtaining ILR remains a challenge. There is still an ambiguity whether these will remain the same or it will become impossible for immigrants to settle in the UK. Given a chance to permanently settle in would rather say yes.
Total Monthly ExpensePound 1550
Prepping time for classes24 hours/Week
Expected Annual SalaryPound 33900
View All 15 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)
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MSc in Financial Engineering at University of Reading Scholarships
MSc in Financial Engineering
at University of Reading
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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
Email
Int.Adv@reading.ac.uk
(For general query)
pgadmissions@reading.ac.uk
(For admission query)
Go to College Website ->