Financial Systems Engineering MSc
Options: PG Diploma, PG Certificate
This MSc provides an ideal foundation for graduates who wish to pursue a career as software engineers. The programme provides the opportunity to undertake a significant group software engineering project sponsored by a financial services company, allowing students to specialise in software systems engineering from a financial computing perspective.
Mode of study
- Full-time 1 year
- UK/EU Full-time: £10,450
- Overseas Full-time: £23,000
- All applicants: 1 July 2014
More details in Application section.
What will I learn?
Students gain instruction in all aspects of software engineering needed for the development of large, complex, highly dynamic, distributed software-intensive systems. The programme covers requirements engineering, software design, validation and verification, tools for the development of software intensive systems, and provides instruction in financial information systems.
Why should I study this degree at UCL?
UCL Computer Science is recognised as a world leader in teaching and research, and was one of the top rated departments in the country according to the UK government's recent research assessment exercise.
Our Master's programmes have some of the highest employment rates and starting salaries, with graduates entering a wide variety of industries from entertainment to finance.
We take an experimental approach to our subject and place a high value on our extensive range of industrial collaborations. In the recent past, students have worked on projects and courseworks in collaboration with Microsoft, IBM, and financial institutions such as JP Morgan, Citigroup and BNP Paribas.
Students undertake modules to the value of 180 credits. The programme consists of seven core modules (105 credits), one optional module (15 credits) and a group project (60 credits).
A Postgraduate Diploma (120 credits) is offered.
A Postgraduate Certificate (60 credits) is offered.
All students participate in a group project, encompassing the full software development lifecycle and applying techniques learned, such as the technical skills of analysis, design and implementation.
Teaching and Learning
The programme is delivered through a combination of lectures, written and laboratory exercises, and project work. Student performance is assessed through written exercises with modelling notations, laboratory exercises with tools and environments, unseen examination papers, and a significant, comprehensive group project.
Further details available on subject website:
The department typically does not hire postgraduate students on research or teaching assistantships because the students need to work full-time on their studies for the programme.
We are offering four MSc Excellence Scholarships worth £4,000 to UK/EU offer holders with a record of excellent academic achievement. Please note that the closing date for applying for this is 30 June 2014.
Scholarships available for this department
Selection based solely on financial need.
For a prospective UK Master's student from under-represented background enrolling on a participating programme . Selection based solely on financial need.
Further information about funding and scholarships can be found on the Scholarships and funding website.
A minimum of an upper second-class UK Bachelor's degree in Computer Science or in a science or engineering subject with significant computer science content, or an overseas qualification of an equivalent standard. Relevant work experience may also be taken into account.
Select your country for equivalent alternative requirements
English language proficiency level: Standard
How to apply
Students are advised to apply as early as possible due to competition for places. Those applying for scholarship funding (particularly overseas applicants) should take note of application deadlines.
The deadline for applications is 1 July 2014.
Who can apply?
Aimed at graduates wishing to develop an advanced understanding of complex software systems engineering, the programme is particularly suited to software systems engineering professionals wishing to enhance their understanding of the principles and techniques that they apply in their work. The programme also provides a foundation for further doctoral research.
What are we looking for?
When we assess your application we would like to learn:
- why you want to study Financial Systems Engineering at graduate level
- why you want to study Financial Systems Engineering at UCL
- what particularly attracts you to this programme
- how your academic and professional background meets the demands of this programme
- what programming experience you have
- where you would like to go professionally with your degree
This professionally oriented programme provides an ideal foundation for graduates who wish to pursue a career as a software architect or leader of software development organisations. It also provides an excellent introduction for those who want to pursue research in software systems engineering.
Graduates from UCL are keenly sought by the world's leading organisations, and many progress in their careers to secure senior and influential positions. UCL Computer Science) graduates are particularly valued as a result of the department's strong international reputation, strong links with industry, and ideal location close to the City of London.
Graduates have found positions at global companies such as RBS and UBS.
Top career destinations for this programme
- Deutsche Bank, Project Manager, 2011
- Merrill Lynch, Project Manager, 2011
- Metropolitan Police, Web Developer, 2011
- Nepal Investment Bank, IT Researcher, 2011
- Lloyds Banking Group, Management Trainee, 2011
There is, throughout the world, a strong demand for software engineers with solid foundations covering not only the programming aspects of software development, but also aspects related to requirements engineering, software architectures, system integration, and testing. Many surveys rank software engineering positions as among the best jobs in the world.
Following graduation, our students are generally hired as software engineers or software architects by large financial institutions, sometimes by institutions they have engaged with in the context of their MSc project.
"It is amazing to be in a position to regularly interact and collaborate with the brightest minds of the current generation and together help to shape the future, constructively and positively."
Dr Niloy Mitra
Reader in Geometric Modeling and Computer Graphics
"I chose to study at UCL because of the prestige and philosophy of the university. I've been connected to UCL for 14 years. I completed my undergraduate, PhD, and postdoctoral research at the university and have spun-out a company from UCL."
CEO, Satalia, 2008