• Application Deadline
  • 12 months
    Duration

About

The Quantitative Finance programme from University of Glasgow will provide you will a detailed understanding of:

  •  the structure of financial markets and forecasting of financial data
  • theoretical models in the core areas of quantitative finance, such as option pricing and hedging
  • advanced econometric and calibration methods to construct practical models of asset prices using these theories.

Why this programme?

  • You will put theory into practice by using software packages such as C++ and Matlab, and will have access to our Bloomberg training room to enhance your employability skills.
  • You will develop programming skills to utilise in the workplace. In lectures you will be taught the theory and be provided with a financial problem and you will solve these in labs/tutorials.

Career prospects

This programme will help prepare you for a career in government, international organisations or financial institutions working as derivative traders, quantitative traders or quantitative risk managers. Recent graduates have taken up positions in various investments banks. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.

Accreditation

The programme holds triple accreditation: AACSB, AMBA and EQUIS.

Programme Structure

Core courses

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

Optional courses

  • 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).

Detailed Programme Facts

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    90

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

  • Minimum required score (Grade B2):

    176

    C1 Advanced is a Cambridge English Qualification. It reports on the Cambridge English Scale between 142 and 210. You will receive a separate score for each of the four skills (reading, writing, listening and speaking) and for Use of English. These five scores are averaged to give you an overall result for the exam. Universities and colleges may ask you to achieve a specific score, either overall or for a particular skill.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score:

    60

    PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. Delivered and marked by computer, it reports on a scale between 10 and 90.

Academic Requirements

You need the following GPA score:

Required score: Upper Second Class

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

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.

Tuition Fee

  • International Applies to you

    21020 GBP/year
    Tuition Fee
    Based on the original amount of 21020 GBP per year and a duration of 12 months.
  • EU/EEA Applies to you

    11250 GBP/year
    Tuition Fee
    Based on the original amount of 11250 GBP per year and a duration of 12 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
International applicants (from beyond the EU) are required to pay a deposit of £2000 when an offer is made.

Living costs for Glasgow

  • 620 - 1020 GBP/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

The University of Glasgow has a number of Adam Smith Business School Excellence scholarships available for students entering the Adam Smith Business School. The scholarship is awarded as a tuition fee discount. 

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.