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Programme Structure

Academic Year 2017-2018

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 23 April 2018 - Friday 8 June 2018). The course is equivalent to 180 UCL credits (90 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 25 September 2017 - Friday 15 December 2017) and 2 (Monday 8 January 2018 - Friday 23 March 2018) with exams taking place in term 3. Please see the UCL Calendar 2017-2018 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.