MSc in Quantitative Finance
at Lancaster University, Lancaster

4.0 /5

(20 Reviews)

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#22 in UK

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MSc in Quantitative Finance
at
Lancaster University
Overview

Lancaster University offers MSc in Quantitative Finance course at PG level. Offered for a duration of 12 months, it is among the top-ranked courses offered by the university. Indian students are required to submit scores of exams such as IELTS, TOEFL and PTE to be eligible to get selected for the course. Additionally, Indian students also have to provide all the necessary documents as part of the admission process. The Lancaster University tuition fee for MSc in Quantitative Finance is Pound 23,000 (INR 2,973,900) for first year. Along with tuition fees, the students are also required to manage living expenses. The average Lancaster University cost of living for Indian students is Pound 5,488 (INR 709,598).

Duration	12 months
Tuition & Fees	₹29.29 Lakh Get Fees details
International Students Admission Website	Go to Website
Official Career Service Website	Go to Website
Course Level	PG Degree

MSc in Quantitative Finance

Table of contents

Overview
Fees
Entry Requirements
Application Process
Rankings
Placements
Highlights
Scholarships

MSc in Quantitative Finance
at
Lancaster University
Fees

The fee breakup of the Lancaster University MSc in Quantitative Finance includes the first-year tuition fee and cost of living. The cost of living will include expenses like rent for accommodation, meals, and other utilities. The total average Lancaster University cost of living can be around Pound 5,488 (INR 709,598). The first-year tuition fees MSc in Quantitative Finance is Pound 23,000 (INR 2,973,900). Students must note that the total expenses are subject to vary, depending on the additional charges set by the Lancaster University. Students can check the table given below to know more about Lancaster University MSc in Quantitative Finance fee breakup.

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 29,29,225

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 6,98,938
Transportation	INR 46,358

Calculated at the exchange rate of 1 Pound = INR 127.35759 | Tuition & expenses were last updated on 22ⁿᵈ May 2026

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MSc in Quantitative Finance
at
Lancaster University
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

60%
The candidates must have a 2:1 Hons degree UK or equivalent in a numerate subject such as physics, mathematics, statistics, management science or engineering
The familiarity at UG level with topics such as probability and statistics, calculus and linear algebra is essential
It is recommended that the students previous studies have covered following modules
Maths Calculus, Probability
Statistics Linear Algebra Matrices
Physics
Econometrics
Game Theory
Risk Theory
Operations Research
Complex Functions
Stochastic Processes
Signal Processing
Actuarial Science
Simulation
Computer Science and Engineering
At least 3 years of UG degree is required
At least 60% overall with at least 55% in each year year 2 onwards
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GPA

Percentage

CGPA

GPA score

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

GPA score

PTE

Marks - 65/90
With a minimum of 50 in each component of the test

IELTS

Marks - 7/9
With a minimum of 6.0 in each element of the test

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MSc in Quantitative Finance
at
Lancaster University
Application Process

Step one

Prepare documents for application

LOR

Two References are required
- Ideally, one should be from someone who can comment on the applicant's suitability for academic study
- For example, a tutor who has taught the applicant during his/her previous studies
- Professional reference may be accepted, if the applicant is unable to provide an academic reference

Step two

Additional documents required

Applicants will need to upload an official copy of their degree transcript to show that they meet or expect to meet the entry requirements
- The transcript needs to include the subjects that they have studied, their marks for these, and confirmation of their degree award
- If the applicant has not completed his/her studies, please provide an interim transcript. If the applicant is studying outside the UK and his/her university’s grading scale is not detailed on the transcript then he/she will also need to provide this
Applicants need to submit the Personal statement
- Applicants should tell us why you are applying for the course, what you hope to gain from your studies and how it fits in with your future plans. We recommend a maximum of 500 words
Proof of English language ability
Submit a copy of the passport

Step three

Start your online application

https://www.postgraduate-applications.lancaster.ac.uk/

MSc in Quantitative Finance
at
Lancaster University
Rankings

University Ranking

Rank	Rank Publisher
#10	UK University The Complete University Guide, 2027
#27	University The Guardian, 2027
#24	UK Ranking QS, 2026

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MSc in Quantitative Finance
at
Lancaster University
Placements

Particulars	Statistics (2021)
Internship Available	Yes

Top Recruiters for Lancaster University

Credit Suisse

UBS

Lancaster University
Students Ratings & Reviews

4/5

14 Verified Reviews Info Icon

Student Views (Based on Reviews)

40% students never faced discrimination in this university

Vibe of Campus

Academically oriented

Friendly

Multi-dimensional

Sporty

Internships3.1

Part time work4

Post study jobs3.6

Quality of faculty4.6

Student Life4.4

Value for money4

Public transportation4.6

Safety4.7

Indian Food3.7

Permanent Immigration3.4

Prahadheesh Chokalingam Karthikeyan Verified Icon

MSc Business Analytics - Batch of 2027

4.3

Worth every penny that you spent on your academics

Tips: Choose the course that best suits you and make sure you read all the course modules before you make your final decision. Don't really worry about scholarships, as they are awarded automatically, and you don't have to apply individually. Most importantly, don't really have the idea of paying back your loan with a part-time job, because it's going to stress you a lot.

Likes (Value for money): The university experience and the friendships you make during your time there will make the money you spend worthwhile, and you can learn a lot from the new experiences and exposure. The events that take place on campus are really good, and you can find a lot of pubs and bars in the city with more vibes.

Dislikes (Part time work): Lancaster is a small town, and it's really hard to find a part-time job, university part-time jobs are more competitive. If you are looking for part-time jobs, it's better to apply from the very start so that it increases your chances of getting one within 6 months.

Total Monthly ExpensePound 950

Prepping time for classes10 hours/Week

Expected Annual SalaryPound 33525

Reviewed on 2 Sep 2026Read more

Amrutha Sai Ravulaparthy Verified Icon

Project Management MSc - Batch of 2025

4.4

Most of the companies don't hire for internships for master's students.

Tips: There are very good scholarships available. Please check if you are eligible and make sure you apply for those as early as possible. Get more connections, this will also help you secure a job and build your network, be open minded and make as many friends as you can, after all, this is college life. There are many forums that support careers and academic writing, enrol on them as that will help with assignments.

Likes (Safety): Lancaster University and the city are both very safe; the security here is very high. The people here are very friendly. I even used to come home late at night when I was working part time at a restaurant. There are police all the time on the streets. If you feel unsafe or scared, they will help you.

Dislikes (Internships): For the Master's program, internships are very hard, as the course itself is 1 year. We will be having a project in the last semester which is similar to an internship. In my last semester, I worked with my group on a real project which helped me understand how a real world project can be managed. In our last semester, we will have two options to select from: one is a real project and the other is research. I have selected a real-time project as it is similar to an internship. Apart from this, most of the companies don't hire for internships for master's students.

Total Monthly ExpensePound 800

Prepping time for classes25 hours/Week

Expected Annual SalaryPound 28000

Reviewed on 8 Jan 2026Read more

Anonymous

MSc Finance - Batch of 2024

3.6

Great learning and research experience.

Tips: I did experience a cultural shift as my university was located in the countryside and everything closes at around 5 pm. It gets very quiet and lonely at times. The people are sweet and friendly here however, they are a bit reserved so making long term relations is a bit difficult. I received 2 scholarships. This made a huge impact on my decision as the scholarships brought down the tuition fees to half. I did not have to apply separately for these, as you are directly considered for this and the evaluation is based on the academic scores. My university experience has been good but the part that nobody tells you is that the UK follows a skill based hiring. So if you don’t have experience, it is going to be very difficult to enter any industry. Although my course was great and I learnt a lot of important things, the master's degree doesn’t hold much of a value.

Dislikes (Permanent Immigration): The UK immigration rules are strict now. Hence, it is very difficult to get a sponsored job or find a settlement option. Given an option I would love to immigrate as the work culture and pay are good. And the experience I’ve had so far has been great.

Total Monthly ExpensePound 1200

Prepping time for classes30 hours/Week

Expected Annual SalaryPound 40000

Reviewed on 8 Jan 2026Read more

Komal Suresh Kapurkar Verified Icon

MBA - Batch of 2025

4.1

The best campus with strong academics and global exposure.

Tips: Before joining Lancaster University students should be aware that it is a campus based university located slightly outside the city so planning transport, accommodation and daily expenses in advance is important; the academic environment is rigorous with a strong emphasis on independent study, critical thinking and continuous assessment which may differ from more exam centric systems.

Likes (Part time work): There are worthwhile opportunities but the availability can be less due to competition and the size of the local job market. On campus roles are accessible through the university's Employment & Recruitment Service (ERS) and student job portals offering flexible and friendly positions such as library or IT support, student ambassadors, catering or retail work, administrative or research assistant tasks and occasional casual remote roles; these typically allow around 10-20 hours per week and are advertised regularly each term.

Dislikes (Post study jobs): There is no concept of campus recruitment in UK universities. International students need to find their own ways to secure a job. Recently, sponsored jobs have been rarely offered because of the UK Home Office restrictions on visa rules. I cannot directly state the number of companies offering sponsorship. Those are really less in number. Job roles vary based on your interest and salary packages differ sector to sector, function to function. Usually, after MBA many students work in consulting firms.

Total Monthly ExpensePound 1500

Prepping time for classes36 hours/Week

Expected Annual SalaryPound 50200

Reviewed on 31 Dec 2025Read more

Anonymous

MSc in Data Science - Batch of 2025

4.6

If you’re passionate about learning and studying data science, it’s worth it.

Tips: It is important to know that the course is intensive and designed to give you knowledge and experience both through projects and coursework. Written skills are tested in sync with your technical skills and since it is a one-year course it might get a bit stressful around certain months. It is also important to note that even though it is stressful if you are really passionate about what you're studying then this won't be a problem for you in any way. It is actually enjoyable after the initial period of transition from the Indian education system to the UK one. Good experiences.

Likes (Value for money): I think the quality of education and guidance offered is beyond amazing. Resources offered not just on your career but your health and mindfulness made it a fun and enjoyable experience. Extra-curricular, a beautiful and walkable campus, good professors and very good accommodation on campus made the experience worthwhile to me.

Dislikes (Post study jobs): Given that the job market in the UK is bad right now, it is affecting every student from every university, and mine is no exception. There are no campus placements in my course so the general market is the job market and it is equally fierce right now. Lancaster University has good 1:1 resources and workshops to help you tailor your resume and prepare for interviews, so I think while on campus, these should be used as much as possible.

Total Monthly ExpensePound 800

Prepping time for classes30 hours/Week

Expected Annual SalaryPound 32775

Reviewed on 24 Dec 2025Read more

View All 20 Reviews

MSc in Quantitative Finance
at
Lancaster University
Highlights

This course is designed to give quantitative students a foothold in this financial world with the advanced, specialist skills that employers are seeking
This course is ideal for students, who have a high level of mathematical ability, a background in a subject such as maths, engineering, physics or another highly quantitative subject and wish to move into finance
Students will learn from their peers as they join Masters' students from other disciplines such as Accounting and Finance, Management Science, Mathematics, or Economics for each module
Graduates of this course leave with a complete toolkit of skills, from big data mining techniques to Python programming
Students will also have the chance to work with our careers team and access the global alumni network