Postgraduate taught 

Quantitative Finance MSc

Man Analysis Business Report

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.

We are offering £1000 of funding for UK/EU students applying to this Masters programme starting in September 2017. See: Adam Smith Business School Welcome Awards.

This programme offers training in the core areas of finance. It draws on recent developments in each of the subject areas with a quantitative approach to understanding the structure of financial markets and forecasting their expected movements.

Key information

Why this programme

  • This programme will develop both your understanding of theory in lecture-based teaching and its practical application in computer labs, allowing you to develop real-life skills, such as pricing financial derivatives and forecasting exchange rates.
  • The Adam Smith Business School has been ranked in the top 10% worldwide for economics and finance (RePEc), with two of our academics rated in the top 1%.
  • The Adam Smith Business School celebrates the legacy of Adam Smith by developing enlightened, enterprising and engaged graduates and internationally-recognised research with real social impact.

Programme structure

You will take four core and two optional courses and complete a substantial independent piece of work, normally in the form of a dissertation.

Core courses

  • Basic econometrics
  • Financial derivatives 
  • Mathematical finance
  • Modelling and forecasting financial markets.

Optional courses may include

  • Advanced portfolio analysis
  • Applied computational finance 
  • C++ in finance
  • Empirical asset pricing
  • Economic fundamentals and financial markets
  • Financial market micro structure
  • Game theory with applications in economics and finance
  • Portfolio analysis and investment (co-requisite for Advanced portfolio analysis).

Programme alteration or discontinuation
The University of Glasgow endeavours to run all programmes as advertised. In exceptional circumstances, however, the University may withdraw or alter a programme. For more information, please see: Legal statements: Disclaimer.

Career prospects

This programme will prepare you for a career in financial institutions, government organisations and international organisations such as the International Monetary Fund and World Bank. Graduates from this programme have embarked on careers such as consultants, lecturers, senior analysts, and PhD researchers.

Our dedicated College of Social Sciences Employability Officer works with students to enhance their employability.

Entry requirements

2.1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) in economics, finance, engineering, physics, or another highly mathematical discipline.

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters 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
  • two sub-tests no less than 6.5, no sub-test less than 6.0
  • or equivalent scores in another recognised qualification:

Common equivalent English language qualifications

All stated English tests are acceptable for admission for both home/EU and international students for this programme:

  • ibTOEFL: 90; no sub-test less than:
    • Reading: 20
    • Listening: 19
    • Speaking: 19
    • Writing: 23
  • CAE (Cambridge Certificate of Advanced English): 176 overall; no sub-test less than 169
  • CPE (Cambridge Certificate of Proficiency in English): 176 overall; no sub-test less than 169
  • PTE Academic (Pearson Test of English, Academic test): 60; no sub-test less than 59
  • Trinity College London Integrated Skills in English: ISEII at Distinction with Distinction in all sub-tests

For international students, the Home Office has confirmed that the University can choose to use these tests to make its own assessment of English language ability for visa applications to degree level programmes. The University is also able to accept an IELTS test (Academic module) from any of the 1000 IELTS test centres from around the world and we do not require a specific UKVI IELTS test for degree level programmes. We therefore still accept any of the English tests listed for admission to this programme.

Pre-sessional courses

The University of Glasgow accepts evidence of the required language level from the English for Academic Study Unit Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

FAQs

What do I do if...

my language qualifications are below the requirements?

The University's English for Academic Study Unit offers a range of Pre-Sessional Courses to bring you up to entry level. The course is accredited by BALEAP, the UK professional association for academic English teaching; see Links.

my language qualifications are not listed here?

Please contact the Recruitment and International Office: pgadmissions@glasgow.ac.uk


 

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

Fees and funding

Tuition fees for 2017-18

MSc

Home and EU
Full time fee£10200
International
Full time fee£19500

Fees are subject to change and for guidance only

Deposits

International applicants (from beyond the EU) are requested to pay a deposit of £2000 when an offer is made.

Deposits terms & conditions

The University requires a deposit to be paid by International (beyond the EU) applicants in receipt of an offer to this programmes and who require a Certificate of Acceptance for Studies (CAS) from the University in order that they can apply for a student visa. This is required where the programme is competitive and the deposit is required in order to demonstrate your commitment to attend the programme should you meet all the conditions of your offer.

If you are made an offer for this programme the University will write to you and request a deposit with information on how to pay your deposit and the deadline for making the deposit payment. Please note that if you are unable to pay a deposit because you are planning to fund your studies through an official financial sponsor then you should upload a copy of your scholarship application or award letter to your application by the deadline date.

The following guidelines will apply in determining whether or not a deposit will be refunded. Where the deposit is refunded, a 10% handling fee will be deducted.

Deposits WILL be refunded to applicants under the following circumstances:

  1. Where the University is unable to offer you a place.
  2. Where the applicant has personal circumstances such as illness, bereavement or other family situations that has prevented them coming to the UK. Medical or other proof may be requested.
  3. Applicant can prove that they have applied for a visa to attend the University of Glasgow, but the VISA has been refused. The applicant must have shown ‘real intent' to study at the University of Glasgow but has been unable to obtain their visa.
  4. Applicant does not meet his / her conditions of offer: this may be academic or language test requirements. Satisfactory evidence must be uploaded to the student’s online application to prove that they have not met the conditions of their offer (note that applicants who do not meet the language condition of their offer must show reasonable attempt to meet this, i.e. they must provide a language test which was taken after the date that the deposit was paid).

Deposits WILL NOT be refunded to applicants under the following circumstances:

  1. Applicant decides to go to another institution.
  2. Applicant cannot be released from work to study at the University of Glasgow.
  3. Applicant does not send completed documentation as requested in the condition of the offer: this may be required in order to prove that the offer has not been met for academic or language test conditions - failure to respond to requests for this information will result in no refund.
  4. Applicant has not secured funding to attend the University of Glasgow: this may be as a result of not being successful in applications for scholarships, OR simply not having sufficient funds in bank at time of visa application. This condition will apply unless it can be proven that there are clear mitigating circumstances which have significantly changed the applicant’s position since the time of application.
  5. Applicant has decided to defer – in this situation the University will retain the deposit and credit it against the applicant’s account for securing their place for the following year of entry. 

Refund requests must be made within 60 days of the programme start date stated on your offer letter: requests made after this date will be subject to discretion.


Additional fees

  • Fee for submission by a research student: £460
  • Fee for re-assessment of a dissertation (PGT programme): £300
  • Submission for a higher degree by published work: £1,000
  • Submission of thesis after deadline lapsed: £200
  • Submission by staff in receipt of staff scholarship: £680
  • Research students registered as non-supervised Thesis Pending students (50% refund will be granted if the student completes thesis within the first six months of the period): £260
  • Registration/exam only fee: £110
  • General Council fee: £50

Funding opportunities

Adam Smith Business School Welcome Award

The University if offering a £1,000 award to the first 100 students who accept their offer of a place on one of our Adam Smith Business School Postgraduate Taught Masters programmes.  The Award will be made after registration has been completed

more information

Adam Smith Business School Excellence Award Thailand

Adam Smith Business School Excellence Award Indonesia

The University of Glasgow has a number of Adam Smith Business School Excellence awards available for 2017 entry for students who demonstrate academic excellence. The Award is available to students entering the Adam Smith Business School and are awarded as a tuition fee discount.

If you study here you will benefit from our extensive  knowledge and studying at Glasgow will prepare you for a wide variety of careers that are in demand internationally.

more information

Adam Smith Business School Excellence Award Egypt

The University of Glasgow has a number of Adam Smith Business School Excellence awards available for 2017 entry for students who demonstrate academic excellence. The Award is available to students entering the Adam Smith Business School and are awarded as a tuition fee discount.

If you study here you will benefit from our extensive  knowledge and studying at Glasgow will prepare you for a wide variety of careers that are in demand internationally.

more information

Adam Smith Business School Excellence Award Malaysia

The University of Glasgow has a number of Adam Smith Business School Excellence awards available for 2017 entry for students who demonstrate academic excellence. The Award is available to students entering the Adam Smith Business School and are awarded as a tuition fee discount.

If you study here you will benefit from our extensive  knowledge and studying at Glasgow will prepare you for a wide variety of careers that are in demand internationally.

more information

Adam Smith Business School Excellence Award India

The University of Glasgow has a number of Adam Smith Business School Excellence awards available for 2017 entry for students who demonstrate academic excellence. The Award is available to students entering the Adam Smith Business School and are awarded as a tuition fee discount.

If you study here you will benefit from our extensive  knowledge and studying at Glasgow will prepare you for a wide variety of careers that are in demand internationally.

more information

Adam Smith Business School Excellence Award Lebanon

The University of Glasgow has a number of Adam Smith Business School Excellence awards available for 2017 entry for students who demonstrate academic excellence. The Award is available to students entering the Adam Smith Business School and are awarded as a tuition fee discount.

If you study here you will benefit from our extensive  knowledge and studying at Glasgow will prepare you for a wide variety of careers that are in demand internationally.

more information

Scottish Funding Council funded places

The University has been awarded funding to support postgraduate taught places in specific programmes. SFC-funded places are available for entry in September 2017 and are awarded on a competitive basis. Candidates must have an offer of a place on the programme and submit a personal statement in order to be considered for a place. The SFC funding covers tuition fees. You may also wish to investigate additional living costs funding options which are available to students undertaking postgraduate taught study.

more information

University of Glasgow/Glasgow International College Achievement Award

In conjunction with GIC we are pleased to reward our best-performing students who finish the Foundation or Pre-masters course with excellent grades and attendance. This is awarded as a one off tuition fee discount of £3,000

more information

University International Leadership Scholarship

The University of Glasgow has  20  International Leadership Scholarships available to international (non-EU) students starting a postgraduate taught Masters programme in any discipline in September 2017. The scholarships is awarded as a tuition fees discount of £10,000.

more information

The scholarships above are specific to this programme. For more funding opportunities search the scholarships database

How to apply

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 documents do I need to provide to make an 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) (if you have already completed your degree)
  • 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)

If you do not have all of these documents at the time of submitting your application then it is still possible to make an application and provide any further documents at a later date, as long as you include a full current transcript (and an English translation if required) with your application. See the ‘Your References, Transcripts and English Qualification’ sections of our Frequently Asked Questions for more information.

Do my supporting documents need to be submitted online?

Yes, where possible, please upload the supporting documents with your application.

How do I provide my references?

You must either upload the required references to your online application or ask your referees to send the references to the University as we do not contact referees directly. There is two main ways that you can provide references: you can either upload references on headed paper when you are making an application using the Online Application (or through Applicant Self-Service after you have submitted your application) or you can ask your referee to email the reference directly to pgadmissions@glasgow.ac.uk. See the 'Your References, Transcripts and English Qualifications' section of the Frequently Asked Questions for more information.

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:

Postgraduate Admissions
Marketing, 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 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.

Further Information

Please see the Frequently Asked Questions for more information on applying to a postgraduate taught 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. If you experience any difficulties accessing the online application then you should visit the Application Troubleshooting/FAQs page.

  • 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.

Application deadlines

International applications (non-EU) deadline

As there is extremely high demand for places on this degree programme, the University has established a three phased application process which recognises that different geographical areas complete and submit their applications at different times of the year. This process aims to ensure fairness and equity to applicants from all geographies.

The following details the key dates for international application submission, for entry to the University in September 2017:

  • Application phase 1 deadline15 December 2016: All international applications submitted before 15 December 2016 will be reviewed and processed normally with no priority given to any geographic region.
  • Application phase 2 deadline: 31 March 2017: Between 16 December 2016 and 31 March 2017, priority will be given to applications which come from geographic areas which have been unable to submit applications before that point.
  • Application phase 3: Applications post 31 March 2017: A limited number of places will be held back for geographic areas who have not been able to submit their application prior to the 31 March deadline


UK and EU Application Deadline

  • 25 August 2017

Classes start September 2017 and you may be expected to attend induction sessions the week before.

Application fee

A fee of £25 per application must be paid by all applicants to this programme. The application fee will be requested when you apply online and it can be paid using your credit or debit bank card.

Terms and conditions

The application fee is non-refundable so it is important that you check any specific entry requirements for the programme. If you are applying with qualifications from outside the UK then you should check the postgraduate taught entry requirements for your country: see International students: In your country

Applicants who are sponsored may have the application fee waived at the point of applying online. However if the sponsorship status changes before the student registers with the University and the student is self-funding the University reserves the right to invoice the student for the initial application fee.

Find out more about Application fees


Apply now