Programme Structure

The programme lasts for one calendar year formally starting in the last week of September. The programme is full time consisting of taught components which are usually examined in the Third Term (Monday 25 April 2016 - Friday 10 June 2016). The course is equivalent to 180 UCL credits (72 ECTS). The programme normally consists of 4 compulsory components (60 credits), 4 optional components (60 credits), plus an individual project (60 credits). Each taught component corresponds to approximately 30 hours of lectures. 


Both compulsory and optional modules are spread over terms 1 (Monday 28 September 2015 - Friday 18 December 2015) and 2 (Monday 11 January 2016 - Wednesday 23 March 2016) with exams taking place in term 3. Please see the UCL Calendar 2015-2016 for more information.


Some components may include assessment by an element of coursework in addition to an examination. After the examinations, all students will then embark on an individual project with the submission early in September. The taught modules account for 2/3 of the final mark with the project making up 1/3.


If students are unable to, or do not wish to, complete the project element, they may register for the Postgraduate Diploma in Financial Mathematics which only covers the taught elements. They should see the MSc tutor to discuss this option. 

Page last modified on 13 feb 15 09:49