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Engineering with Finance MSc

London, Bloomsbury

This pioneering one-year MSc bridges the gap between technical and financial expertise, by equipping engineers with business finance skills. Join us, and you can help change the way companies and governments around the world are engaging with the engineering and financial side of sustainable investing, energy, robotics, manufacturing and more.

UK students International students
Study mode
Full-time
UK tuition fees (2025/26)
£20,500
Overseas tuition fees (2025/26)
£39,800
Duration
1 calendar year
Programme starts
September 2025
Applications accepted
Applicants who require a visa: 14 Oct 2024 – 27 Jun 2025
Applications close at 5pm UK time

Applications open

Applicants who do not require a visa: 14 Oct 2024 – 29 Aug 2025
Applications close at 5pm UK time

Applications open

Apply for this course

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.

The English language level for this programme is: Level 1

UCL Pre-Master's and Pre-sessional English courses are for international students who are aiming to study for a postgraduate degree at UCL. The courses will develop your academic English and academic skills required to succeed at postgraduate level.

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

If you are intending to apply for a time-limited visa to complete your UCL studies (e.g., Student visa, Skilled worker visa, PBS dependant visa etc.) you may be required to obtain ATAS clearance. This will be confirmed to you if you obtain an offer of a place. Please note that ATAS processing times can take up to six months, so we recommend you consider these timelines when submitting your application to UCL.

Equivalent qualifications

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. Please note that the equivalency will correspond to the broad UK degree classification stated on this page (e.g. upper second-class). Where a specific overall percentage is required in the UK qualification, the international equivalency will be higher than that stated below. Please contact Graduate Admissions should you require further advice.

About this degree

This unique MSc is the first of its kind to combine finance and engineering to meet industry demands for professionals with increasingly diverse knowledge and skillsets.

This multidisciplinary Master’s, co-designed and delivered by academics and researchers from UCL Mechanical Engineering, UCL Computer Science, and the UCL School of Management will prepare you to deliver creative projects on new and existing technologies with robust engineering and financial methodologies, addressing some of the most pressing global challenges.

You’ll first develop a comprehensive array of modern mechanical engineering skills, with core modules in new and renewable energy systems, robotics, and optional specialisms such as advanced computational methods and materials science.

You’ll then acquire the sophisticated financial understanding required to develop viable engineering solutions, learning to apply computational methods to solve practical problems in financial markets, identify opportunities and spin out new technologies.  

Finally, you will have an opportunity to engage in substantial project work, both through an individual and a group design project. Here, you'll immerse yourself in engineering design, project management and finance tools and approaches, and developing research, teamwork and other transferable skills.

These projects will allow you to put into practice all the diverse skills and knowledge you’ve acquired, and test them against real-world parameters, preparing you for a career in industry.

Who this course is for

The programme is for students with a first degree in engineering, physics or applied mathematics, who wish to deepen their knowledge in engineering, project management and finance. It will prepare you for further research or for senior management positions in engineering, IT, business and finance. 

Some prior programming skills are recommended for this programme.

Read about what it takes to study for a Master's at UCL

What this course will give you

This programme offers you the following benefits and opportunities. 

  • A postgraduate degree from a top-ranked university. UCL is consistently ranked among the best universities globally (ranked 9th in the latest QS World University Rankings 2025), providing you with a prestigious qualification that is highly regarded by employers worldwide. 
  • The opportunity to study at UCL Mechanical Engineering, the first in the world to introduce laboratories in engineering education in 1878. 
  • A Master’s degree accredited by the IMechE on behalf of the Engineering Council – which means that on completion of this MSc you can meet the academic requirements to register as a Chartered Engineer. 
  • Learn how to analyse new and sustainable energy systems and assess their suitability for different engineering contexts according to their technical limitations, how to design advanced robotic systems and materials for healthcare and manufacturing applications.
  • Apply advanced computational methods to analyse both engineering and finance problems and complex systems.
  • Collaborate on a group design project, working with peers and industry partners to deliver a commercially viable working prototype, complete with an extensive use case, business plan and five-year projections. 
  • Experience engineering research and problem solving by immersing yourself in an individual project within academia or industry. Previous students have worked with ASR Group, among others.
  • Learn with leading experts in mechanical engineering, project management and finance, in state-of-the-art facilities.  
  • Study in the world's best city for university students (QS Best Student Cities 2024). UCL’s Bloomsbury campus is in the heart of a London district famous for its cultural and educational institutions.
Read about what you'll get out of a graduate programme

The foundation of your career

Recent graduates from this programme have gone on to roles in investment organisations such as KPMG, Deloitte and PwC, as well as Amazon, Wise Energy Ltd, Unilever and SalesForce. 

UCL Mechanical Engineering alumni regularly go on to launch their own successful enterprises, including environmental firm Greenr, custom-fit cycle helmet company Hexr, and biomedical outfit Oxford Heartbeat.

Employability

The skills and knowledge acquired through this Master’s will leave you all set for an exciting high-level career in engineering, project management, finance, investment banking or information technology.

Networking

You’ll have regular opportunities to connect, collaborate and build professional contacts as part of your Master’s. 

  • Explore a wealth of tailored events at both the faculty and departmental level facilitated by UCL Careers, UCL’s alumni team, and UCL Innovation and Enterprise. 
  • Attend student-led events, such as industry visits or guest lectures, with a focus on specific industrial sectors. 
  • If you’re interested in entrepreneurship, connect with like-minded innovators and successful entrepreneurs through UCL’s innovation hubs and startup incubators.

Accreditation

This programme has been accredited by the IMechE on behalf of the Engineering Council as meeting the requirements for Further Learning for registration as a Chartered Engineer.

The accredited MSc will meet, in part, the exemplifying academic benchmark requirements for registration as a Chartered Engineering. Accredited MSc graduates who also have a BEng (Hons) accredited for CEng will be able to show that they have satisfied the educational base for CEng registration.

Teaching and learning

This MSc programme is delivered through a mix of tutorials, lectures, projects and practicals, which frequently draw upon real-life industry case studies.

You will be assessed through through examinations, presentations, coursework, and your individual and group projects.

Full-time students on this programme can expect approximately 12-16 hours of contact hours a week. The exact number of contact hours and composition varies throughout the terms depending on the module choices of the student. A full-time weekly schedule will amount to 35-40 hours a week, which comprises contact time, self-directed study, and preparing for assessments.

Your individual and group project modules will see you conduct research, write your final report, and regularly contact your project supervisor(s), who will guide and support you throughout your projects.

Modules

You will undertake six taught modules, plus a Group Design Project and an Individual Research Project. Four of the taught modules are compulsory, and two taught modules can be selected from a list of optional modules. Two of the compulsory modules are finance and management-related and are delivered by the Department of Computer Science and UCL School of Management. In order to widen the range of programmes on offer, the optional modules comprise Mechanical Engineering modules and finance and numerical methods-related modules (offered by Computer Science and School of Management).

Taught modules are comprised of lectures, seminars and tutorials and are assessed on the basis of examinations and/or submitted coursework. For the Group Design Project, you will be part of a small group and work on designing an innovative engineering product, covering all aspects from design, manufacturing, finance and marketing. The Group Design Project is assessed via written reports and presentations.

The Individual Research Project comprises a large part of the programme running from March through to September. This project is carried out under the supervision of an academic member of staff and is assessed on the basis of a written report and a project presentation.

Compulsory modules








Optional modules







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 are subject to change. Modules that are in use for the current academic year are linked for further information. Where no link is present, further information is not yet available.

Students undertake modules to the value of 180 credits. Upon successful completion of 180 credits, you will be awarded an MSc in Engineering with Finance.

Accessibility

Details of the accessibility of UCL buildings can be obtained from AccessAble. Further information can also be obtained from the UCL Student Support and Wellbeing Services team.

Fees and funding

Fees for this course

UK students International students
Fee description Full-time
Tuition fees (2025/26) £20,500
Tuition fees (2025/26) £39,800

The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Where the programme is offered on a flexible/modular basis, fees are charged pro-rata to the appropriate full-time Master's fee taken in an academic session. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Students website: ucl.ac.uk/students/fees.

Additional costs

For Full-time and Part-time offer holders a fee deposit will be charged at 10% of the first year fee.

Further information can be found in the Tuition fee deposits section on this page: Tuition fees.

There may occasionally be small, incidental expenses which can be reimbursed by the department once claimed.

UCL’s main teaching locations are in zones 1 (Bloomsbury) and zones 2/3 (UCL East). The cost of a monthly 18+ Oyster travel card for zones 1-2 is £114.50. This price was published by TfL in 2024. For more information on additional costs for prospective students and the cost of living in London, please view our estimated cost of essential expenditure at UCL's cost of living guide.

Funding your studies

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

See all the ways you can fund your studies

UCL East London Scholarship

Deadline: 26 June 2025
Value: Tuition fees plus £16,000 stipend ()
Criteria Based on financial need
Eligibility: UK

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.

There is an application processing fee for this programme of £90 for online applications. Further information can be found at Application fees.

When we assess your application, we would like to learn:

  • why you want to study Engineering with Finance at graduate level
  • why you want to study Engineering with Finance at UCL
  • what particularly attracts you to the chosen programme
  • how your academic and professional background meets the demands of this challenging programme
  • where you would like to go professionally with your degree

Together with the 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.

Please note that you may submit applications for a maximum of two graduate programmes (or one application for the Law LLM) in any application cycle.

Choose your programme

Please read the Application Guidance before proceeding with your application.

Year of entry: 2025-2026

Apply for this course

Got questions? Get in touch

Mechanical Engineering
Mechanical Engineering

graduate-info@meng.ucl.ac.uk

UCL is regulated by the Office for Students.