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UCL MSc Finance Review – Admissions, Curriculum & Career Prospects

Dhruvin Jain

Dhruvin Jain

Jun 21, 2025

27 mins read

UCL MSc Finance Review

Key Takeaways

Here’s a quick look at the most important details about the UCL MSc Finance program:

Topic

Details

UniversityUniversity College London (UCL)
SchoolUCL School of Management
Program NameMSc Finance
LocationLondon, UK
Duration12 months (full-time)
Start DateSeptember
STEM DesignatedYes
Tuition Fee (2024–25)£42,500 (UK & International)
Application DeadlineRolling admissions – apply early
GMAT/GREOptional, but recommended for international applicants
Work ExperienceNot required
Average Salary After Graduation£55,000–£70,000
Top EmployersGoldman Sachs, Deloitte, BlackRock, EY, Barclays
ScholarshipsLimited merit-based scholarships available

Introduction

What Is the University College London MSc in Finance?

The UCL MSc Finance is a full-time, 12-month master’s program that gives students the tools and knowledge to succeed in global finance. It’s taught by the UCL School of Management, located at One Canada Square in Canary Wharf — right in the heart of London’s financial district.

The program blends finance theory with practical skills. Students learn about investment, risk management, corporate finance, and data analysis — all while gaining hands-on experience with real-world financial tools.

Why Choose UCL MSc Finance for a Career in Financial Markets?

Here’s why students pick UCL:

  • UCL is a top-ranked UK university with a global name
  • The program offers a STEM-designated degree, which helps with visa extensions for international students
  • You’ll learn in London’s finance hub, close to banks and investment firms
  • UCL focuses on data and technology — ideal for roles in fintech, asset management, or analytics
  • The program has strong links with employers, and students attend real projects, networking events, and company visits

UCL’s Global Reputation, Faculty Expertise, and Industry Connections

UCL is part of the Russell Group and consistently ranks in the top 10 UK universities for finance and business.

Faculty members have experience in:

  • Financial modeling
  • Corporate strategy
  • Asset pricing and quantitative research
  • Working with companies like Goldman Sachs, PwC, and the Bank of England

UCL also works with employers to design case studies, deliver guest talks, and offer internships and job placement support.

Want help with your study abroad journey?

UCL MSc Finance Class Profile

The MSc Finance program at UCL attracts bright, ambitious students from around the world. The class is diverse, well-qualified, and focused on careers in top finance roles.

Class Size, Diversity, and Student Backgrounds

Category

Details

Class Size~90–110 students
International StudentsOver 85%
Countries Represented30+
Average Age23–25 years
Academic BackgroundsFinance, Business, Economics, Engineering, Math
Female StudentsAround 35–40%

Students are selected from top global universities and usually have strong quantitative skills.

Average GMAT/GRE Scores, GPA, and Experience

Requirement

Typical Range

GMATOptional – 650+ strengthens your profile
GREAccepted – Quantitative section most important
GPA3.5+/4.0 from a well-ranked university
Work ExperienceNot required, but internships are common

UCL doesn’t require GMAT, but submitting a good score can help if you’re from a lesser-known university or don’t have finance-related work experience.

International Learning and Networking Opportunities

Because most students are international, you’ll learn alongside people from many cultures and work styles. This helps develop:

  • Global business thinking
  • Cross-cultural teamwork
  • A strong international finance network

Students also join finance clubs, networking events, and student-led projects during the year.

MSc Finance Programme | Student View

On UCL’s site, past students describe the program as:

  • Fast-paced and technical, but manageable with support
  • Focused on real-world finance problems
  • A great way to build connections and break into banking, fintech, or consulting

UCL MSc Finance Rankings & Recognition

The MSc Finance at University College London (UCL) is part of a globally respected university. UCL is ranked among the best for finance, economics, and business studies.

Global and UK Rankings

Ranking Source

Ranking

QS World University Rankings – Finance (2024)Top 50 globally
QS World University Rankings – Overall (2024)#9 in the world
UK Rankings (Finance-related programs)Top 10 in the UK
UCL School of Management ReputationFast-growing and well-rated for finance + analytics

While UCL’s MSc Finance is newer than programs at LSE or Imperial, it is quickly gaining recognition, especially for its analytical focus and location in London.

Industry Reputation and Employer Perception

UCL is widely known by top employers in the UK, Europe, and Asia. Finance companies respect UCL graduates for their:

  • Strong data skills
  • Problem-solving abilitie
  • Training in real-world finance tools
  • Academic discipline and teamwork

Many recruiters from banks, consulting firms, and fintech companies attend UCL career events, guest lectures, and student-led investment clubs.

UCL MSc Finance Acceptance Rate & Admissions

The UCL MSc Finance is a competitive program that receives thousands of applications every year. Let’s look at how selective it is and what you need to apply successfully.

Acceptance Rate Insights and Competitiveness

Metric

Details

Estimated Acceptance Rate10–15%
Applications per Year2,000+
Class SizeAbout 90–110 students

UCL only admits the top applicants, so your academics, essays, and professional background (if any) need to be strong.

UCL MSc Finance GMAT Requirements and Average GMAT Score

Requirement

Details

GMATOptional, but recommended for international or non-UK degree holders
Average GMAT ScoreNot published, but 650+ is competitive
GREAccepted – strong quantitative score preferred

You can submit a test score to improve your application — especially if your undergraduate degree is not from a top-ranked university.

Application Deadlines and Admission Rounds

Application System

Rolling Admissions

OpensSeptember
ClosesWhen seats are filled (usually by April/May)
Best Time to ApplyOctober to January

UCL reviews applications as they come in. Applying early improves your chances and scholarship eligibility.

UCL MSc Finance vs Other Finance Programs – How Competitive Is It?

Compared to programs like LSE, Imperial, and Oxford:

  • UCL is slightly more accessible than LSE
  • It focuses more on data and practical finance
  • UCL looks for well-rounded students, not just high test scores

That means your personal statement, internships, and academic record all matter.

UCL MSc Finance Program and Curriculum

The MSc Finance at UCL is a 12-month, full-time program that helps students develop strong finance knowledge, technical skills, and real-world experience. The curriculum blends finance theory, data analysis, and practical learning.

Core Curriculum & Learning Outcomes

All students take a set of core courses in Term 1 to build a strong foundation in finance.

Core Modules Include:

  • Financial Econometrics
  • Asset Pricing
  • Corporate Finance
  • Quantitative Finance
  • Ethics in Finance

These courses teach you how to:

  • Analyze data and financial markets
  • Make investment and corporate finance decisions
  • Understand the ethical side of finance

Specialization Areas

Though there are no formal "tracks," you can shape your learning by selecting electives aligned with your goals in:

  • Investment Banking
  • Corporate Finance
  • Risk Management
  • Asset Management
  • Fintech and Financial Analytics

Electives & Specialization Options

In Terms 2 and 3, you’ll choose from a list of elective courses.

Popular Electives:

  • Mergers & Acquisitions
  • Private Equity
  • Venture Capital
  • Financial Engineering
  • Sustainable Finance
  • Data Science for Business

You can also choose electives from related programs like MSc Computational Finance or MSc Economics and Finance, depending on availability.

Research Centers & Learning Projects

UCL supports finance learning with access to:

  • Bloomberg terminals
  • Data analytics tools
  • Financial databases
  • Group research projects and consulting challenges

Students may also complete a final dissertation or applied finance project, based on their interests.

MSc Finance | UCL School of Management

This program is taught by the UCL School of Management, which is known for its:

  • Strong focus on data-driven finance
  • Industry-linked learning
  • Location in London’s Canary Wharf — close to top finance firms

You’ll also attend workshops, guest lectures, and networking sessions with real professionals.

UCL MSc Finance Fees, Scholarships & Financial Aid

Studying at UCL is a major investment, but there are funding options and scholarships available to help students cover costs.

Tuition Fees for 2024–25

Student Type

Tuition Fee

UK Students£42,500
International Students£42,500

This fee includes tuition, course materials, and access to UCL resources. It does not include housing or living expenses.

Estimated Living Costs in London

Expense

Estimated Monthly

Estimated Total (12 months)

Accommodation£800–£1,200£10,000–£14,000
Food & Transport£300–£500£4,000–£6,000
Total Living Costs£15,000–£20,000

Plan for a total cost of £60,000–£65,000 for the year, including tuition and living.

Scholarships and Financial Support

UCL offers limited scholarships for MSc Finance students. These are highly competitive and often based on academic merit.

Scholarship Name

Details

UCL School of Management ScholarshipsUp to £5,000 – merit-based
UCL Global Masters ScholarshipUp to £15,000 – for international students (specific countries)
Commonwealth ScholarshipsFor eligible Commonwealth country students
Chevening ScholarshipsFull funding – UK government scheme (apply separately)

Tip: Apply early to be considered for most scholarships. Some require a separate application form.

Other Funding Options

You can also explore:

  • Postgraduate loans (for UK students)
  • Prodigy Finance loans (for international students)
  • Sponsorships or savings
  • External scholarships from your home country or banks

UCL MSc Finance Employment & Placement

UCL’s MSc Finance program helps students build careers in banking, consulting, asset management, and fintech. The university’s strong brand, combined with its London location, makes it a popular target for top recruiters.

Job Placement Statistics and Average Salary

Metric

Details

Employment Rate (within 6 months)Over 90%
Average Starting Salary£55,000–£70,000
Top LocationsLondon, Europe, Asia, Middle East, U.S.

Students receive support from UCL’s Career Services and School of Management’s own career team, which includes:

  • 1:1 coaching
  • Resume workshops
  • Interview practice
  • Networking sessions with finance firms

Top Recruiters and Job Roles for UCL MSc Finance Graduates

Recruiters

Common Roles

Goldman Sachs, Barclays, CitiInvestment Banking Analyst
EY, Deloitte, PwCFinancial Consultant, Advisory Analyst
BlackRock, Vanguard, UBSAsset Management Analyst
Bloomberg, Revolut, AmazonFinancial Analyst, Product Analyst
Fintech startups & corporate firmsData Analyst, Strategy Associate

Graduates often go into industries such as:

  • Investment banking
  • Consulting
  • Asset and wealth management
  • Private equity
  • Fintech and tech-driven finance

UCL’s location in Canary Wharf offers great access to networking events, internships, and company visits throughout the year.

Want help with your study abroad journey?

Top Sectors Hiring UCL MSc Finance Graduates

Graduates from the UCL MSc Finance program work in some of the most exciting and high-paying areas of finance. The program prepares students for both traditional and modern finance roles.

Investment Banking

UCL students are often hired by big investment banks for analyst and associate roles.

Top Banks:

  • Goldman Sachs
  • Barclays
  • Morgan Stanley
  • Citi
  • HSBC

Roles:

  • Investment Banking Analyst
  • M&A Analyst
  • Equity Research Associate

Asset Management & Buy-Side Finance

Students interested in investment analysis or managing portfolios often go into asset management.

Top Employers:

  • BlackRock
  • UBS
  • Schroders
  • Vanguard
  • State Street

Roles:

  • Portfolio Analyst
  • Investment Associate
  • Risk Analyst

Consulting

UCL grads are a great fit for finance-focused consulting firms.

Top Firms:

  • EY
  • Deloitte
  • PwC
  • McKinsey
  • BCG

Roles:

  • Strategy Consultant
  • Financial Advisory Analyst
  • Corporate Finance Consultant

Fintech and Technology

Thanks to UCL’s focus on data and analytics, many graduates also go into fintech and tech companies.

Top Firms:

  • Revolut
  • Wise
  • Klarna
  • Bloomberg
  • Amazon

Roles:

  • Product Analyst
  • Business Intelligence Analyst
  • Strategy Associate

Other Popular Areas

Graduates also find jobs in:

  • Real estate finance
  • Corporate finance (inside large companies)
  • Private equity and venture capital
  • ESG and sustainable investing

UCL MSc Finance vs Other Finance Programs

If you’re applying to finance master’s programs in the UK, you’ve probably seen schools like LSE, Imperial, Oxford, Cambridge, and UCL on your list. Here’s how UCL compares.

UCL MSc Finance vs Imperial MSc Finance

Feature

UCL MSc Finance

Imperial MSc Finance

Duration12 months12 months
GMAT RequirementOptionalRecommended
STEM DesignationYesYes
FocusFinance + AnalyticsFinance + Tech
LocationCanary Wharf (Finance hub)South Kensington (Tech hub)
Best ForInvestment, consulting, fintechBanking, fintech, asset management

Verdict: UCL is great for students wanting strong analytical training in finance, especially if you’re interested in a mix of data and business roles. Imperial leans slightly more toward tech-finance.

UCL MSc Finance vs LSE MSc Finance

Feature

UCL

LSE

Program StylePractical + analyticalAcademic + theoretical
GMAT Required?NoYes
Industry FocusFintech, consulting, investment rolesInvestment banking, consulting
LocationCanary WharfCentral London
Brand StrengthGrowing fastLong-established in finance

Verdict: Choose UCL if you want a newer, practical program with strong links to fintech and analytics. Choose LSE for a more traditional, intense finance education that’s well-known by banks.

UCL vs Oxford, Cambridge, and LBS

School

Known For

Ideal For

Oxford (MFE)Economics + finance + policyResearch, hedge funds, consulting
Cambridge (MFin)Executive financeMid-career finance professionals
LBS (MSc Finance)Career services + electivesBroad finance careers, early or mid-stage
UCL (MSc Finance)Analytics + modern financeNew grads or early professionals entering finance/data-driven fields

UCL MSc Finance Alumni Network

Graduating from the UCL MSc Finance program gives you access to a strong and growing global alumni network. UCL graduates work in top finance roles around the world and often stay connected to help new students succeed.

Notable Alumni and Career Paths

UCL doesn’t publish individual names, but past MSc Finance graduates have gone on to work at:

  • Goldman Sachs
  • Barclays
  • BlackRock
  • Deloitte
  • Amazon
  • Bloomberg
  • Fintech startups and private equity firms

Their job roles include:

  • Investment Banking Analyst
  • Financial Consultant
  • Asset Manager
  • Strategy Associate
  • Risk Analyst

Some alumni also move into PhDs, MBAs, or startup ventures after a few years in industry.

Strength of UCL’s Global Finance Alumni Network

Feature

Details

Total UCL AlumniOver 300,000 worldwide
MSc Finance-Specific EventsNetworking nights, panel talks, mentoring
Global LocationsAlumni in London, New York, Hong Kong, Dubai, Singapore
UCL Connect PlatformOfficial tool for students to find and contact alumni
LinkedIn PresenceActive alumni groups and job-sharing networks

Alumni often return to:

  • Speak at career events
  • Offer mentorship and job referrals
  • Recruit for their companies

This makes networking and job searching much easier after graduation.

UCL MSc Finance Application Process

Applying to the UCL MSc Finance is straightforward, but competitive. You need to submit strong documents, show a real interest in finance, and possibly attend an interview.

Professional Statement & Essay Requirements

You must write a Professional Statement as part of your online application.

What to Include:

  • Why you want to study MSc Finance at UCL
  • Your academic and professional background
  • Any finance-related experience (internships, projects, etc.)
  • Your short-term and long-term career goals
  • How UCL fits into your plans

Tips:

  • Keep it focused and personal (about 1–1.5 pages)
  • Show your passion for finance
  • Explain why you're a good fit for the program
  • Avoid vague statements — use real examples

Interview Process & Questions

Not all applicants are interviewed, but if you’re shortlisted, you may be invited to a video interview.

Interview Format:

  • Usually asynchronous video (you record answers)
  • You’ll be given a few minutes to prepare and respond
  • No live panel — you answer 3–5 questions on camera

Common Questions:

  • Why do you want to study at UCL?
  • Tell us about a finance project or internship.
  • What are your long-term goals in finance?
  • How do you handle teamwork and deadlines?
  • What do you know about the finance industry today?

How to Prepare:

  • Practice speaking clearly and confidently
  • Review your personal statement
  • Be ready to explain why you chose UCL and MSc Finance
  • Stay up to date on finance news
  • Want help with your study abroad journey?

 

Why UCL MSc Finance is Unique?

The UCL MSc Finance program combines strong academic learning with real-world finance training. It's perfect for students who want to build a career in modern, data-driven finance roles.

STEM Designation and Industry Focus

UCL’s MSc Finance is a STEM-designated program, which means:

  • You’ll gain technical skills in data analysis, programming, and financial modeling
  • International students may qualify for post-study visa extensions in the UK
  • The program focuses on how technology is changing finance — great for fintech and analytics careers

Located in London – Close to Finance Companies

UCL’s finance students study at the One Canada Square campus in Canary Wharf — one of London’s main financial districts.

This gives you:

  • Easy access to top banks and investment firms
  • Opportunities to attend finance events, panels, and company visits
  • Better chances of landing internships and full-time jobs nearby

Focus on Analytical and Technical Finance Skills

UCL blends finance with data and analytics, so you graduate with the tools that modern employers want. This includes training in:

  • Financial econometrics
  • Python and R for finance
  • Excel modeling
  • Portfolio theory and investment strategy

This hands-on approach helps you stand out in interviews and jobs.

Useful Resources & Next Steps

Thinking about applying to the UCL MSc Finance program? These links and tools will guide you through the application process and help you prepare.

Official Program Page

Get all the details about modules, entry requirements, and structure.

🔗 UCL MSc Finance Program Overview

Fees and Funding Information

Learn about tuition, living costs, and available scholarships.

🔗 MSc Finance – Fees & Funding

Application Portal and Guidelines

Find out what documents you need and submit your application online.

🔗 UCL Graduate Application Portal

Career Support and Outcomes

See how UCL helps students with jobs, internships, and employer events.

🔗 Career Impact – UCL School of Management

Student Forums & Community

Connect with applicants and current students to ask questions and share tips.

🔗 The Student Room – UCL Forum

Next Steps:

  • Start preparing your personal statement
  • Decide if you’ll submit GMAT or GRE scores
  • Apply early for better chances and scholarship eligibility
  • Contact UCL admissions if you have specific questions
  • Join forums or LinkedIn groups to connect with other applicants
FAQs
What is the average salary after MSc Finance from UCL?
Graduates earn on average between £55,000 and £70,000, depending on the role and company.
What is the UCL MSc Finance acceptance rate?
The acceptance rate is estimated to be around 10–15%. UCL is selective, so your grades, personal statement, and experience matter a lot.
What are the UCL MSc Finance GMAT requirements?
GMAT or GRE is optional A strong GMAT (650+) or GRE (with high quant score) can improve your application, especially if your undergrad isn’t from a top-ranked university
What is the UCL MSc Finance application deadline?
UCL uses rolling admissions. This means: You can apply any time, but Apply early (by January) for the best chance of admission and scholarships
What is the tuition cost and available scholarships?
Tuition for 2024–25: £42,500 Living costs in London: £15,000–£20,000 Scholarships: Limited, merit-based (up to £15,000), including Global Masters and UCL Management awards
Does UCL MSc Finance offer internship opportunities?
There is no built-in internship, but students often find internships: Before or after the program With help from UCL’s career support
Didn’t find your answer? Contact us here
Dhruvin Jain
Dhruvin Jain

Articles: 20

Dhruvin Jain is the co-founder of MastersBuddy, a tech-first platform that has helped over 2500 students find and apply to top master’s programs globally. He is a master’s graduate from IE Business School, and is passionate about education, technology, and entrepreneurship.

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