What is the University College London (UCL) MSc Finance Review?
The UCL MSc Finance Review is useful for people who want to gain a quick understanding of the MSc Finance program at UCL, and understand if it would be a correct choice for them. Apart from a brief review of the school, data about the MSc Finance program application process, the class profile and placement statistics upon graduation are presented.
INTRODUCTION
The Institute
A world-class business school in central London. Creating outstanding research and entrepreneurial leaders for the complex, interconnected world of the future.
It has been ranked as one of the top-notch business schools in Europe . The Master of Finance programme is an internationally recognized master programme that brings together expert lectures and highly motivated talented minds.
If you are passionate about finance and want to push yourself in your quest to forge a career in finance, or want to develop your knowledge of finance and use quantitative skills to enhance your career, this programme will be instrumental in achieving your goals.
MSc Finance students will already have high-level knowledge in core finance and associated economics and quantitative underpinnings, seeking to take their knowledge to the next level. To get to that next level,a lot is expected from students.
Programs
Organisations need people who can bring to the table core knowledge and critical thinking from the outset, and the MSc Finance programme is designed to equip ambitious students with the knowledge and skills to work for leading financial firms around the world.
The program will provide you with the know-how and skills to succeed in a global business environment and to become multicultural and multilingual leaders. It is a 12-months program.
Right from the start of the programme, you will learn the skills and gain the tools to start an innovative, high impact new business.
From the first week, you will be interviewing prospective customers, learning how to do “rapid prototyping”, using the tools of “lean” entrepreneurship, and pitching new ideas.
Using UCL’s networks and reputation as a starting point to access London’s thriving entrepreneurship scene, you will find or develop a founding team and learn how to raise investor finance or “bootstrap” your business
The UCL Business Analytics MSc (with specialization in Management Science) provides a rigorous, practical foundation in these critical skills and provides a platform for careers with global companies and high-growth businesses tackling world-scale problems.
The world’s leading companies need people who understand how management best practices are evolving to adjust to this new deeply complex, interconnected and data-driven world.
SALIENT FEATURES
This full-time programme is delivered by UCL School of Management and UCL’s Department of Economics, providing a study of finance underpinned by a blend of quantitative and qualitative components.
It is based in UCL School of Management’s new home in Canary Wharf, the heart of London’s dynamic financial center.
It aims to provide individuals with the knowledge, understanding and skills to enable them to engage with specialist roles in the modern global financial industry.
Such roles are likely to be located in a range of organisations, including banks, asset management companies, investment and hedge funds, insurance companies, rating agencies, broker/dealers, large and medium, and boutique financial companies.
Skills which the UCL MSc Finance values
University College London has one of the most competitive masters programs in the world and is on the lookout for high potential candidates who exhibit the following skills:
- Intelligence
- Drive
- Vigor
- Intellectual aptitude
- Inspirational
- Focused
Be sure to mention in your motivation statement how you exhibit these skills, and back them up with relevant examples.
Next, in the UCL MSc Finance Review, find all the application requirements listed below.
Eligibility Criteria
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Excellent written and spoken English (TOEFL - 90 iBT /IELTS 6.5 or equivalent)
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Minimum of an Upper Second Class Bachelor’s Degree from a UK University, or the overseas equivalent from a recognized higher education institution
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CV
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Online Maths Test
UCL MSc Finance Programs Content
All participants study four core modules in term one, providing a robust quantitative underpinning in key areas of finance.
In term two, two further core modules are studied, again reflecting a quantitative thrust, together with other modules selected from the range of optional modules and/or research methodology sessions, the latter being linked to the Finance research project across the summer.
Core and optional module lectures, and any workshops, normally take place on weekdays between 08:00 – 21.00 hours but may be scheduled for weekends, and particularly on Saturdays.
Core Courses: Gain an accurate and analytical comprehension of financial models. Courses include:
- Corporate Finance
- Financial Mathematics
- Financial Advisory
- Econometric
- Risk Management
- Asset Pricing
- Financial Statement Analysis
Mentorship Programs
As an MSc Finance student, you will benefit from a bespoke Careers and Employer Engagement programme and a dedicated careers team who will help you present yourself to leading graduate employers with confidence.
Every year over 1,000 employers/organisations attend events arranged by UCL Careers, including careers fairs, employer presentations and sector ‘themed weeks’, which may include employer forums, networking events, talks on how to get into the sector, and one-to-one advice sessions.
Electives
These courses help enhance an expansive and deeper understanding of the business milieu.
- Behavioral Finance
- Fixed Income Modelling
- Data Analytics
- Industrialization and Development
- Risk Modelling
- Social Innovation
- International Portfolio Management
USEFUL INFORMATION
Duration: 12 months.
Location: London, United Kingdom.
Tuition Fees for 2018 intake: $37415 per annum. Scholarships can be found here
UCL MSc Finance Application Deadlines
Applications for September 2019 open on 15 October 2018 and are expected to close on 14 June 2019.
Constituents of the application package
- Online application form
- IELTS, TOEFL, Academic score (for some international students)
- GMAT/GRE Score
- A copy of college transcript
- Letters of recommendations
- Copy of passport
UCL MSc Finance Student Profile
- Class size : 169
- Average Age : 24
- 33 nationalities on the programme
- 24% female intake
- 30% international students
- Over 26 countries represented by UCL faculty
- 42,000+ alumni across 155 countries
UCL MSc Finance Placement Statistics
Base Salary of £41,600
The employment rate is high for UCL MSc Finance graduates with many having six-figure salaries.
Highest Salary awarded £65,000
Overall UCL MSc Finance Placements are pretty good, and hence UCL MSc Finance Program is an attractive proposition for most people.
Sectors students were placed in:
| Consulting | 40% |
| Finance | 31% |
| Investment banking | 26% |
| Investment management | 8% |
| Private Equity & Venture Capital | 5% |
| Diversified Financial Services | 3% |
| Corporates | 28% |
| Technology & Telecoms | 13% |
| Media & Entertainment | 4% |
| Healthcare/Pharma | 1% |
| Other | 4% |
Some notable companies recruiting from the UCL MSc Finance
| Accenture | Arthur D Little | Bain & Company | |
| CITIC Securities | Credit Suisse | Deloitte | Barclays Bank |
| Fosun Group | Goldman Sachs | KPMG | Macquarie |
| McKinsey & Company | Medallia | Milward Brown | Morgan Stanley |
| Nomura | Oliver Wyman | PwC | Roland Berger |
| The Boston Consulting Company Group | BP | J.P. Morgan |
Next in the UCL MSc Finance Review, find all about the professional statement required for the application.
APPLICATION ESSAY INSIGHTS
The UCL MSc Finance application comprises of a professional statement that should elucidate your strong desire for the program. UCL School of Management takes its essays very seriously and uses it as a medium to understand the strengths and weaknesses of prospective students. So make sure your statement are is superb.
Supplementary Personal Statement
A Supplementary Personal Statement is a key component of the application process, and must accompany the initial application. The statement will capture and articulate the motivation to pursue the MSc Finance, demonstrating an understanding of core finance/economics areas, feeding into a statement of well-researched and grounded short and long-term professional and personal objectives. You should address the following in your UCL MSc Finance Supplementary Personal Statement:
- Your academic interests and reasons for applying to this programme.
- Your career objectives and any relevant non-academic achievements as well as any publications. Outline any other relevant experience including attendance at specialist workshops or short courses.
- Applicants for taught programmes, in particular flexible programmes, should indicate, where appropriate, the options/modules in which they are likely to be interested.
- Should you wish accreditation of prior learning to be considered as part of your application please detail the reason for your request and course units from which exemption is sought, including courses taken and the equivalent UCL courses
As you can see the UCL MSc Finance application is pretty extensive, & this is a good thing as they want to ensure only top quality students make it through the application process. So make sure you have perfect SOP's and stellar LOR's as they WILL make or break your case
Once you are done with your application, the UCL board reviews it and if shortlisted you would be called for an Interview round for the UCL MSc Finance Program.
We hope the UCL MSc Finance Review was useful to you, all the information has been sourced by the UCL MSc Finance Site, and for more data you should visit there.