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Engineering with Finance MSc

This MSc programme builds on the success of our undergraduate Engineering with Business Finance programme and is designed to give graduates with a first degree in a relevant numerate subject the engineering, management and finance knowledge and skills necessary to work on engineering projects, and in business and finance.

Key information

Programme starts

September 2018

Modes and duration

Full time: 1 year

Tuition fees (2018/19)

UK/EU:
£12,380 (FT) £N/A (PT)
Overseas:
£25,350 (FT) £N/A (PT)

Application dates

All applicants
Open: 16 October 2017
Close: 1 May 2018

Note on fees: The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Current Students website.

Location: London, Bloomsbury

Entry requirements

A minimum of an upper second-class Bachelor's degree from a UK university in engineering, physics or applied mathematics, or an overseas qualification of an equivalent standard. Strong mathematical and some programming skills are recommended.

English language requirements

If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency.

The English language level for this programme is: Standard

Further information can be found on our English language requirements page.

International students

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website.

International applicants can find out the equivalent qualification for their country by selecting from the list below.

Select your country:

About this degree

Core engineering content concentrates on areas of new and emerging technologies and materials combined with modules in project management and financial markets and institutions. Students undertake two engineering projects (a group design project and an individual project) which integrate the knowledge acquired through the taught modules.

Students undertake modules to the value of 180 credits.

The programme consists of four core modules (60 credits), two optional modules (30 credits), a group design project (30 credits) and the individual research project (60 credits).

Core modules

  • Materials and Fatigue
  • Project Management
  • Financial Institutions and Markets
  • New and Renewable Energy Systems

Optional modules

  • Advanced Computer Applications in Engineering
  • Vibration, Acoustics and Control
  • Compliance, Risk and Regulation
  • Entrepreneurial Finance
  • Numerical Analysis for Finance
  • Financial Engineering

Please note: Restrictions apply to selection of optional modules. Please visit the Departmental degree structure page for more information

Dissertation/report

All students undertake a group design project and an individual research project, both culminating in a substantial dissertation. The group project focuses on creativity and design, teamwork, project management and business planning and feasibility. The research project revolves around student research interests; it often has industry input and develops high-level presentation, critical thinking and research skills.

Teaching and learning

This dynamic programme is delivered through a combination of lectures, tutorials, seminars, laboratory and project work, workshops and problem classes, all of which frequently draw upon real-life industrial case studies. Assessment is through examinations, coursework, laboratory reports, presentations, the group design project and the individual research project.

Further information on modules and degree structure is available on the department website: Engineering with Finance MSc

Funding

Scholarships relevant to this department are displayed below.

Brown Family Bursary

Value:
£15,000 (1 year)
Eligibility:
UK
Criteria:
Based on both academic merit and financial need

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.

Careers

Graduates of this programme will be well placed for a future career within engineering, project management, finance, investment banking or IT sector. For example, as part of the programme you will complete modules in project management and finance, utilise UCL’s virtual trading room that uses Reuters’ electronic platform and receive guidance on how to work toward recognised certifications for the financial industries.


Recent career destinations for this degree

  • Analyst, J.P. Morgan
  • Assistant Management Accountant, Network Rail
  • Finance Intern, ZhongHui Futures
  • Mergers and Acquisitions Intern, First Capital Partners
  • Procurement Manager, Hellenic Army

Employability

The programme is delivered by leading researchers from across UCL, and students have plenty of opportunity to network and keep themselves informed about employment opportunities and skills required. Students are encouraged to participate in the UCL Financial Industry Series which organises high-impact conferences, debates and talks on financial topics, to pursue projects in industry and attend events organised by the UCL Finance community. Students also develop networks through the programme itself and through the department’s careers programme which includes employer-led events and individual coaching. This carefully designed programme is equipping our graduates with the skills and confidence needed to play a creative and leading role in the professional and research community.

Careers data is taken from the ‘Destinations of Leavers from Higher Education’ survey undertaken by HESA looking at the destinations of UK and EU students in the 2013–2015 graduating cohorts six months after graduation.

Why study this degree at UCL?

UCL Mechanical Engineering is a dynamic and vibrant place to study and do research. Located in central London it was the first mechanical engineering department in the UK. It has a long reputation for internationally leading research funded by numerous organisations and industry, and quality teaching.

The department benefits from state-of-the-art facilities and close links with industry, and has access to expertise in other disciplines, including engineering and management sciences within UCL.

The Engineering with Finance MSc has been accredited by the Institute of Mechanical Engineers (IMechE).

Department: Mechanical Engineering

Student / staff numbers › 42 staff including 35 postdocs › 171 taught students › 136 research students
Staff/student numbers information correct as of 1 August 2017.

Research Excellence Framework (REF)

The Research Excellence Framework, or REF, is the system for assessing the quality of research in UK higher education institutions. The 2014 REF was carried out by the UK's higher education funding bodies, and the results used to allocate research funding from 2015/16.

The following REF score was awarded to the department: Mechanical Engineering
90%: Aeronautical, Mechanical, Chemical and Manufacturing Engineering subjects; 95%: General Engineering subjects rated 4* (‘world-leading’) or 3* (‘internationally excellent’)

Learn more about the scope of UCL's research, and browse case studies, on our Research Impact website.

What our students and staff say

Staff view

"UCL is one of the best places in the world to do interdisciplinary research. I had the opportunity to help set up the Institute of Making, which is a place that encourages play, research and development through making. We have created a vibrant multi-disciplinary community whose activities support the teaching and research communities within UCL, as well as anyone who is curious about stuff. We provide a fully equipped workshop, technical training, a library of materials and most importantly, inspiration and support."

Professor Mark Miodownik

Engineering with Finance MSc and Engineering with Innovation and Entrepreneurship MSc
UCL Mechanical Engineering

Application and next steps

Applications

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.

Application fee: There is an application processing fee for this programme of £75 for online applications and £100 for paper applications. More details about the application fee can be found at www.ucl.ac.uk/prospective-students/graduate/taught/application.

Who can apply?

The programme is suitable for students with a first degree in engineering, physics or applied mathematics who wish to gain the knowledge and skills necessary for a career in engineering, project management, IT, business and finance, or for further doctoral research in this field.

Application deadlines

All applicants
1 May 2018

For more information see our Applications page.

Apply now

Contact information

Page last modified on 14 November 2017 by UCL Student Recruitment Marketing

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