Prestigious Scottish Funding Council Awards are available to high calibre applicants for this programme. The SFC has selected this programme in recognition of the high demand for students with these qualifications. The awards cover all tuition costs; for further information, please see: funded places.

This Masters in Investment Fund Management offers training in the key areas of investment fund management with particular emphasis on hedge fund management and applications of financial engineering. This programme, which is unique in Scotland, is offered by Economics in the Adam Smith Business School. It provides you with a comprehensive understanding of hedge fund management, alternative investment and structured products. Legal aspects related to the investment fund arena will also be covered.

Programme overview

• MSc: 12 months full-time;

Knowledge and understanding of the subjects is mainly promoted through lectures, some of which may also be accompanied by class/group discussions.

Core Courses

• Advanced Portfolio Analysis
• Financial Markets, Securities and Derivatives
• Hedge Fund Risk Management
• Portfolio Analysis and Investment
• Research Methods & Dissertation Training

Optional Courses

You will also study two optional 20-credit courses from:

• Applied Computational Finance
• Basic Econometrics
• Financial Derivatives (Mathematical Finance is a co-requisite for this course)
• Mathematical Finance

Other optional courses may be available subject to the approval by the Programme Director.

Career prospects

This programme is for students wishing to pursue a career in investment fund management such as asset management companies, hedge funds, wealth management banks, regulators and central banks.

Academic entry requirements

You should have at least a 2:1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) in Economics, Finance, Engineering, Physics or in a related discipline, with at least two credit-bearing courses in economics or finance, and two credit-bearing courses in mathematics or statistics.

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of foundation courses.

English language requirements

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

International English Language Testing System (IELTS) Academic module (not General Training):

• overall score 6.5
• no sub-test less than 6.0, with writing at 6.5
• or equivalent scores in another recognised qualification (see below)
   

Common equivalent English language qualifications:

• ibTOEFL: 115; minimum Listening: 28; Reading: 29; Writing: 30; Speaking:26

Pre-sessional courses
The University of Glasgow accepts evidence of the required language level from the Language Centre Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

• Language Centre, University of Glasgow
• BALEAP guide to accredited courses 

FAQs

Visa requirements and proof of English language level

It is a visa requirement to provide information on your level of English based on an internationally recognised and secure English language test. All test reports must be no more than 2 years old. A list of these can be found on the UK Border Agency website. If you have never taken one of these tests before, you can get an initial idea of your level by using the Common European Framework self-assessment grid which gives you a level for each skill (e.g. listening B1/writing B2 etc.) However, please note that this is not a secure English language test and it is not sufficient evidence of your level of English for visa requirements.

If you require a Tier 4 student visa, your qualification must be one of the secure English language tests accepted by UK Border Agency:

• UK Border Agency Tier 4 English Language requirements
• UKBA list of approved English language tests [pdf]

For further information about English language requirements, please contact the Recruitment and International Office: pgadmissions@glasgow.ac.uk

Please note: applications for SFC funded places are open for entry in September 2013.

Apply now

For 2013-14

MSc