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.
Modes and duration
Tuition fees (2017/18)
- £11,800 (FT)
- £25,890 (FT)
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.
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.
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: Good
Further information can be found on our English language requirements page.
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:
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.
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).
- Requirements Engineering and Software Architecture
- Software Abstractions and Systems Integration
- Validation and Verification
- Tools and Environments
- Financial Institutions and Markets
- Professional Practice
- Financial Information Systems
- Compliance, Risk and Regulation
- People and Security
- Networked Systems
- Distributed Systems and Security
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.
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.
For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.
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 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 degree
- IT Developer, Microsoft
- Financial Assistant, ZhenHua Oil
- Software Engineer, Epsilon Net
- International Company Law, Université Paris-Sorbonne (Paris-Sorbonne Universi
- MBA (Master of Business Administration), IFMR (Institute of Financial Management and Resear
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.
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 2012–2014 graduating cohorts six months after graduation.
Why 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 coursework in collaboration with Microsoft, IBM, and financial institutions such as JP Morgan, Citigroup and BNP Paribas.
Department: Computer Science
Student / staff numbers › 200 staff including 120 postdocs › 650 taught students › 180 research students
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: Computer Science
64% 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.
Application and next steps
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.
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.
- All applicants
- 17 June 2017
For more information see our Applications page.Apply now
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
Together with essential academic requirements, the personal statement is your opportunity to illustrate whether your reasons for applying to this programme match what the programme will deliver.
Successful applicants to this programme will be required to pay a tuition fee deposit dependent on their mode of study and fee status as given below:
- UK/EU full-time: £2,000
- UK/EU part-time: £1,000
- Overseas full-time: £2,000
- Overseas part-time: £1,000
Further details can be found on the Fees and funding page.