ICMA Centre (University of Reading)

ICMA Centre (University of Reading)

Financial Engineering

This course aims to provide a firm grounding in probability theory; stochastic calculus; derivatives pricing; quantitative and numerical methods; structuring products; volatility analysis; and the modelling of credit; equity; foreign exchange and interest rate derivatives. Optional modules allow students to focus on risk analysis; portfolio management; designing trading strategies or econometric analysis. This degree aims to develop practical and quantitative skills for better pricing and better hedging models for all complex products.

Entry requirements

Minimum 2.1 Honours degree or equivalent from an overseas institution in any discipline; applicants must have a satisfactory existing level of numeracy; GMAT may be required; for students whose 1st language is not English an IELTS score of 7.0 with no less than 6.0 in each individual components is required. Applicants must have quantitative discipline; mathematical and engineering degrees are preferred; applicants must have quantitative discipline.

Course modules

Modules include: quantitative methods for finance; securities, futures and options; fixed income and equity investments; C++ for financial engineering; essentials of financial engineering; derivatives modelling; numerical methods for financial engineering.


Qualification Study mode Start month Fee Course duration
MSc Full-time £ 21,250 per Whole course (home fees) 9 months
MSc Full-time £ 21,250 per Whole course (overseas fees) 9 months

Campus details

Campus name Town Postcode Region Main campus Campus Partner
ICMA Centre Reading RG6 6BA South East

Key information

ICMA Centre
Telephone number: 
0118 378 8239