M.Sc. On Campus

Risk Management and Financial Engineering

Imperial College London

12 months
39000 GBP/year
39000 GBP/year
Tuition fee
Apply date
Start date


The Risk Management and Financial Engineering MSc programme offered at Imperial College London is a highly technical one-year programme, designed to prepare recent graduates for careers in financial engineering and risk management.


The Risk Management and Financial Engineering MSc programme offered at Imperial College London, which is accredited by the Professional Risk Manager’s International Association (PRMIA), is designed for technically-minded graduates who want a deep, analytical study of risk management and financial engineering.

You will learn how to put the latest academic thinking and business strategies into practice from leading practitioners and world class faculty, giving you a thorough and hands-on understanding of risk management.

Our London location and ongoing relationships with major employers in the finance sector provides the opportunity to meet and network with leading global organisations, and will help present yourself with confidence to the world’s top companies.

During the programme, you will use and have access to Bloomberg terminals, Reuters Eikon, Datastream, Matlab and two bespoke computer labs.


Being a postgraduate student at Imperial College Business School gives you access to a whole range of practical benefits that have been created to support you in focusing on your career, challenging yourself, expanding your networks, and enjoying your time here.

VBA and C++ workshops

  • During the Spring term, you may choose to attend workshops in Visual Basic and C++ programming.  These workshops are not an assessed part of the degree, so they give you a chance to learn valuable new skills at your own pace regardless of your programming background.
  • You will learn how VBA and/or C++ can be applied to key finance problems such as Monte Carlo simulations, value-at-risk and option pricing.


Professional Risk Managers' International Association (PRMIA)

Programme Structure

Courses include:

  • Financial Statistics
  • Investments and Portfolio Management
  • Risk Management and Valuation
  • Stochastic Calculus
  • Empirical Finance: Methods and Applications
  • Financial Engineering
  • Ethics and Professional Standards in Finance 
  • Visual Basic for Applications (VBA)

Key information


  • Full-time
    • 12 months

Start dates & application deadlines




On Campus

Academic requirements

GPA admission requirements GPA
Upper Second Class

Other requirements

General requirements

  • To apply for MSc Risk Management & Financial Engineering you should have a First or Upper Second Class Honours undergraduate degree from a recognised university (or international equivalent) in a highly quantitative discipline such as:
- Mathematics- Engineering- Science- Economics
  • Whilst there are no specific ‘A’ Level criteria, you should be aware that many banks and companies in the financial sector do have very strict grade requirements for their graduate programmes.
  • You are also required to have a well-researched career plan with clear short and long term goals.
  • A wide variety of international qualifications are accepted.
  • All candidates must demonstrate a minimum level of English language proficiency for admission to the College.
  • Online application.
  • Application fee.

Tuition Fee

To alway see correct tuition fees
  • International

    39000 GBP/year
    Tuition Fee
    Based on the tuition of 39000 GBP per year during 12 months.
  • National

    39000 GBP/year
    Tuition Fee
    Based on the tuition of 39000 GBP per year during 12 months.

Living costs for London

1137 - 2157 GBP /month
Living costs

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


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.

Our partners

Risk Management and Financial Engineering
Imperial College London


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