UCL Institute of Finance and Technology



Find answers to frequently asked questions about our current programmes.

Please visit the prospectus pages below for information on entry requirements, international equivalencies, English language standards, fees and potential careers. 

Visit our programme pages below for further programme content and module information.

If you still have queries, the following FAQs may be of use. Contact ift-teaching@ucl.ac.uk if your answer is not below. 

Will my chances of being accepted to UCL improve if I apply for more than one MSc course?

You will only be offered a place on a UCL programme if you meet the entry requirements listed on the relevant UCL prospectus page. Please note, the standard application fee for UCL Master's programmes is £75 for online applications, and £100 for paper applications. Fees apply for each application you make. Please visit the UCL Application fees webpage for further information.

It is up to you how many programmes you apply for, but visiting the UCL online prospectus and defining the programme which best suits your career goals and ambitions may help give you focus.

I am currently studying and do not yet have my final results, should I wait to receive my transcript before applying?

If your predicted final results meet our minimum entry requirements, you can apply before receiving your final degree results. You should include details of your predicted results on your application form, and an official transcript of your results so far. If we are able to make you an offer of study, it will be conditional and you will need to prove that you meet the condition before the beginning of the course.

My degree results are just under a 2.1, can I be considered anyway?

No, unfortunately, we are not able to consider any candidates below the minimum entry requirements. This includes applicants with a current average grade below a 2:1 or equivalent.

What documents are required for the application?

You will need to include a degree transcript in one of the suggested disciplines, two references, and a personal statement. Overseas applicants should also supply evidence of their English language ability usually via an IELTS test.

I have studied in English; do I need to take a language test?

Please visit the UCL English language requirements webpage to see the different types of language competency evidence that can be provided.   

Banking and Digital Finance MSc has an English language level requirement of Good. This is equivalent to an IELTS overall grade of 7.0 with a minimum of 6.5 in each of the subtests. IELTS (Academic version) is UCL's preferred English language qualification. 

I am going to take an English test later in the year, can I still apply now?

You may apply now for a place on a programme without a current English test as long as you send your qualification as soon as your receive it. If you are offered a place, it will be conditional on your providing evidence of English before the start of the course.

My referees are not able to provide references electronically; can I provide hard copy reference letters?

The UCL Admissions team strongly advise applicants to submit their references using the online applicant portal, as this allows a direct upload and no time lag in submission/UCL's receipt of said references. Referees are given the opportunity to complete our online form or upload a scanned or digital copy of a reference they have already written. If a referee cannot use this functionality, they should email their reference directly to admissions@ucl.ac.uk from their official university or professional email account, so our Admissions team can verify its authenticity. The submission of paper documents is discouraged, as UCL Admissions is a paperless system. Visit the UCL application form guidance webpage for further details. 

How long is the programme and what are the term dates?

The programme lasts for a full calendar year from September to September. Term dates are available each year on the UCL Term Dates webpage. It is important to recognise that the programme involves study and engagement across all three terms, and across the summer.

Can I obtain a scholarship or funding?

Visit UCL's scholarships and funding webpage to search for eligible scholarships or funding sources. The UCL postgraduate fees and funding website also has further information and advice.  Many governments offer postgraduate funding support to their citizens, particularly for international study, so do explore this option.

What careers support is available to students studying on this programme?

Please visit the UCL Careers website for information regarding UCL's dedicated careers support.

May I schedule an appointment with the Programme Administrator or Programme Director to discuss my qualifications and interest in the programme?

Due to the extremely high volume of applications received, it is not possible for staff to meet personally with applicants before they have been given an offer of study.

My application has been unsuccessful. Can I find out why and request to be reconsidered?

Unfortunately, we are not able to give details on why a particular application has been unsuccessful and cannot reconsider the decision.