Investment Fund Management MSc
This programme is subject to approval.
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.
- You will find this programme suitable if you wish to pursue a career in investment fund management such as asset management companies, hedge funds, wealth management banks, regulators and central banks.
- You will acquire a sound understanding of how an investment fund works, legal aspects of the assets under management and the risk related to different asset classes. In addition you will acquire employability skills by practising real case studies using the Bloomberg Trading Room available at the Adam Smith Business School.
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.
Further information: Adam Smith Business School
email: business-economics@glasgow.ac.uk
Academic entry requirements
Applicants must have at least a 2:1 Honours degree or non-UK equivalent which should be in finance, economics and/or quantitative subjects.
International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of foundation courses.
Further information regarding academic entry requirements: student.recruitment@glasgow.ac.uk
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
- or equivalent scores in another recognised qualification (see below)
Common equivalent English language qualifications:
- ibTOEFL: 92; no sub-test less than 20
- CAE (Cambridge Certificate of Advanced English): B minimum
- CPE (Cambridge Certificate of Proficiency in English): C minimum
- PTE Academic (Person Test of English, Academic test): 60; no sub-test less than 59
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:
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
We ask that you apply online for a postgraduate taught degree. Our system allows you to fill out the standard application form online and submit this to the University within 42 days of starting your application.
You need to read the guide to applying online before starting your application. It will ensure you are ready to proceed, as well as answer many common questions about the process.
Guide to applying online
Do I have to apply online for a postgraduate taught degree?
Yes. To apply for a postgraduate taught degree you must apply online. We are unable to accept your application by any other means than online.
Do I need to complete and submit the application in a single session?
No. You have 42 days to submit your application once you begin the process. You may save and return to your application as many times as you wish to update information, complete sections or upload additional documents such as your final transcript or your language test.
What essential documentation should I have available before I start my application?
As well as completing your online application fully, it is essential that you submit the following documents:
- A copy (or copies) of your official degree certificate(s)
- A copy (or copies) of your official academic transcript(s), showing full details of subjects studied and grades/marks obtained
- Official English translations of the certificate(s) and transcript(s)
- Two supporting reference letters on headed paper
- Evidence of your English Language ability (if your first language is not English)
- Any additional documents required for this programme (see Entry requirements for this programme)
- A copy of the photo page of your passport (Non-EU students only)
Do my supporting documents need to be submitted online?
Yes, where possible, please upload the supporting documents with your application.
What if I am unable to submit all of my supporting documents online?
If you cannot upload an electronic copy of a document and need to send it in by post, please attach a cover sheet to it that includes your name, the programme you are applying for, and your application reference number.
You may send them to:
Recruitment & International Office
71 Southpark Avenue
Glasgow
G12 8QQ
Fax: +44 141 330 4045
Can I email my supporting documents?
No. We cannot accept email submissions of your supporting documents.
What should I do if am having problems using the online application system?
If you are having issues, please email doashelp@mis.gla.ac.uk
What entry requirements should I have met before applying? Where can I find them?
You should check that you have met (or are likely to have met prior to the start of the programme) the individual entry requirements for the degree programme you are applying for. This information can be found on the ‘entry requirements’ tab on each individual programme page, such as the one you are viewing now.
What English Language requirements should I have met before applying? Where can I find them?
If you are an international student, you should also check that you have met the English Language requirements specific to the programme you are applying for. These can also be found on the ‘entry requirements’ tab for each specific programme.
Guidance notes for using the online application
These notes are intended to help you complete the online application form accurately, they are also available within the help section of the online application form. You can also download a PDF with detailed guidance information for the online application system:
Applicants' Guide to Online Application
- Name and Date of birth: must appear exactly as they do on your passport. Please take time to check the spelling and lay-out.
- Contact Details: Correspondence address. All contact relevant to your application will be sent to this address including the offer letter(s). If your address changes, please contact us as soon as possible.
- Choice of course: Please select carefully the course you want to study. As your application will be sent to the admissions committee for each course you select it is important to consider at this stage why you are interested in the course and that it is reflected in your application.
- Proposed date of entry: Please state your preferred start date including the month and the year. Taught masters degrees tend to begin in September. Research degrees may start in any month.
- Education and Qualifications: Please complete this section as fully as possible indicating any relevant Higher Education qualifications starting with the most recent. Complete the name of the Institution (s) as it appears on the degree certificate or transcript.
- English Language Proficiency: Please state the date of any English language test taken (or to be taken) and the award date (or expected award date if known).
- Employment and Experience: Please complete this section as fully as possible with all employments relevant to your course. Additional details may be attached in your personal statement/proposal where appropriate.
- References: Please provide the names and contact details of two academic references. Where applicable one of these references may be from your current employer. References should be completed on letter headed paper and uploaded on to your application.
Standard application deadlines
- International applications (non-EU) 23 July 2013
- UK and EU applications 27 August 2013
Classes start on 16 September 2013 (provisional date) for most courses and you may be expected to attend induction sessions the week before
Please note: the initial deadline for submitting an application for an SFC funding place is Friday 31 May 2013.
