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This MSc programme builds on the success of our undergraduate Engineering (Mechanical with Business Finance) programme. The programme is designed to give graduates with a first degree in a relevant numerate subject, the engineering, management and finance knowledge necessary to work on engineering projects and in business and finance.
Covid-19 programme updates
Due to COVID-19, there may have been updates to this programme for the 2020 academic year. Where there has been an update, these are indicated with a red alert and a link which will provide further information.
Key information
Programme starts
September 2020
Modes and duration
Application dates
Tuition fees (2020/21)
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 Students website.
The Engineering with Finance MSc has been accredited by the Institute of Mechanical Engineers (IMechE) as meeting the further learning requirements, in full, for registration as a Chartered Engineer for a period of five years, from the 2017 student cohort intake.
Entry requirements
A minimum of an upper second-class Bachelor's degree from a UK university in a suitable engineering subject, or an overseas qualification of an equivalent standard. Candidates with qualifications in other subjects allied to engineering wil be considered. 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
The 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).
Upon successful completion of 180 credits, you will be awarded a MSc in Engineering with Finance.
Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability is subject to change.
Core modules
- Materials and Fatigue
- Project Management
- Financial Institutions and Markets
- New and Renewable Energy Systems
- Innovation and Group Design Project
Optional modules
- Advanced Computer Applications in Engineering
- Vibrations, Acoustics and Control
- Entrepreneurial Finance
- Numerical Methods for Finance
- Financial Engineering
Please note: Restrictions apply to selection of optional modules. Please visit the Departmental degree structure page for more information
- Further information about these modules is available on the department website.
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.
Additional costs
Accessibility
Details of the accessibility of UCL buildings can be obtained from AccessAble. Further information can also be obtained from the UCL Student Support & Wellbeing team.
Funding
Scholarships relevant to this department are displayed below.
Brown Family Bursary
- Note:
- This scheme is now closed for 2020/21
- 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 careers within engineering, project management, finance, investment banking or IT sectors. For example, as part of the programme, students complete modules in project management and finance and may utilise UCL’s virtual trading room that uses Reuters’ electronic platform. Graduates also receive guidance on how to work toward recognised certifications for the financial industries.
Employability
The programme is delivered by leading researchers from across UCL and students have varied opportunities to network and stay informed about employment opportunities and skills required to progress.
Students are encouraged to participate in the UCL Financial Industry Series which organises high-impact conferences, debates and talks on financial topics. They are also encouraged to pursue individual projects with industrial partners.
Students develop networks within the department and wider UCL and have access to the department’s careers programme, including employer-led events and individual coaching. This carefully designed programme equips graduates with the skills and confidence needed to play a creative and leading role in the professional and research community.
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. The department 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 other branches of engineering and management sciences within UCL.
The Engineering with Finance MSc has been accredited by the Institute of Mechanical Engineers (IMechE).
Accreditation:
The Engineering with Finance MSc has been accredited by the Institute of Mechanical Engineers (IMechE) as meeting the further learning requirements, in full, for registration as a Chartered Engineer for a period of five years, from the 2017 student cohort intake.
Department: Mechanical Engineering
What our students and staff say
"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.
There is an application processing fee for this programme of £80 for online applications and £105 for paper applications. Further information 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
- 11 August 2020
For more information see our Applications page.
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Page last modified on 13 August 2020
