Study this course anywhere in the world and receive a fully accredited University of London degree

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Finance (Major: Quantitative Finance)


The MSc Finance (Quantitative Finance) deepens your understanding of banks and financial markets, and how they relate to economic performance. It will help you to advance your career in finance and policy.

Because finance is so wide ranging, the degree allows you to choose between four majors:

The four pathways of the MSc Finance allow you to select a study path best suited to your objectives and skills.

The MSc Finance is designed for postgraduates who wish to enter the banking sector and professionals who seek greater knowledge of financial management.

The MSc Finance is designed for postgraduates who wish to enter the banking sector and professionals who seek greater knowledge of financial management for competitive advantages. Discover more about core banking activities, retirement and financial planning, commercial credit and factoring, and liquidity and risk management.

Course details

This programme will equip you with the necessary statistical (particularly econometric) skills and quantitative approaches to risk and derivatives.

You study six modules (four core, two electives).

View Modules

The programme is offered online and is fully supported by a Virtual Learning Environment (VLE). You study at a time and pace that suits you (subject to course-specific deadlines) using the study materials provided and support from a dedicated CeFiMS tutor.

Study materials

We will send you study materials developed by academics at SOAS. These include a core subject guide for each course; a study calendar; and further textbooks and collections of key readings.

Online support

When you register, you gain access to the Student Portal. You can then access your university email account and other key resources:

  • The Virtual Learning Environment (VLE) enables access to course materials, resources, and activities.
  • The Online Library holds thousands of journal articles which you can access free of charge. A dedicated helpdesk is available if you have any difficulties in finding what you need.

Time commitment

Most students take three years to complete the MSc, but this can vary according to need.

The study calendar consists of five sessions per year. Each session is devoted to a specific module and lasts eight weeks (with the exception of the first session which runs for 10 weeks). During each session you should expect to study between 15-20 hours per week.


Each module is assessed by a three-hour unseen written exam (70% of the module mark), and two assignments of 2,500 words (30% of the mark). The dissertation is assessed by a thesis of 10,000 words (excluding bibliography and appendices).

Exams take place once a year in September/October. You have two attempts to pass an exam, after which your registration will cease.

More about exams.

What qualifications do you need?

You will need either a bachelor degree in a relevant discipline (e.g. finance, economics) from an institution acceptable to the University or relevant education and work experience that comprises suitable training for the programme.

English Language requirements

If your first degree was not taught in English, you will need to provide evidence of language ability as tested by the British Council or another registered body. This is equivalent to a score of 7.0 overall in the iELTS test, or 7.0 in both reading and writing.

Computer requirements

We set minimum basic computer requirements because your study resources are accessed via the Student Portal and it is vital that you can access this regularly. Certain courses may have additional requirements, such as software to manage spreadsheets and run macros.

See more about computer requirements.

If you are studying the econometrics modules, the E-Views software requires Windows XP (or later) or Mac OS X 10.5 Leopard (or later).

The fees below apply if you begin during the 2018-2019 session. These may be increased by up to 5% per year.

Academic year2018-2019
Module fee£ 1,260
Total MSc£ 10,080

Disclaimer: Currency conversion tool.

Additional Costs

You will also need to budget for exam centre fees, which are paid directly to the venues where you sit your exams, and any customs duties/taxes on educational materials (e.g. USB/CDs).

We accept most traditional payment methods, including debit/credit card, international money order, and Western Union.

How to pay your fees

As a graduate of this programme you will be well prepared for senior positions in governments, central banks, other public organisations, international institutions and consultancy. You will also acquire the requisite skills for roles in higher education and research institutions.

"The curriculum helped me understand the importance of economic and government policies in supporting sustainable economic growth and the resulting welfare of a society. Almost every day, I find that I apply some element from the programme to decisions and topics arising in my job."

Wylie Tolette,
MSc Finance (Economic Policy)

What do employers think of our graduates?

In some countries, qualifications earned by distance and flexible learning may not be recognised by certain authorities or regulators for the purposes of public sector employment or further study. We advise you to explore the local recognition status before you register, even if you plan to receive support from a local teaching institution.

The programme is developed by academics at the Centre for Financial and Management Studies (CeFiMS), a postgraduate research and teaching department within SOAS, University of London.

The academics at CeFiMS have international reputations and are involved in researching their subjects at the very limits of current knowledge. Over 80 academics act as online tutors. There is also a dedicated team of student advisers.

Programme Director

Professor Pasquale Scaramozzino (SOAS, University of London) convenes the MSC Finance (Economic Policy and Quantitative Finance) and teaches on Economic Principles and Data Analysis. His interests include Risk Management and Advanced Topics in Finance and Management.

Without the cost of moving to London, studying for your University of London degree anywhere in the world represents excellent value for money. However, there are additional sources of support depending on where you live and how you choose to study.

More on funding your study.

Can I get sponsored?

If you're employed, your employer may be willing to cover part/all of the programme fees if you can make a compelling case as to how this programme will boost your contribution to the workplace.

Our courses are ideal for employers because they get to retain you as an employee and benefit from your learning from the moment you begin.

"Employers pay for their students to come on to this course – we hear from them year after year. We’re providing what we believe the world needs."

Professor Keith Mayes,
Director of the Information Security Group, Royal Holloway

How can I get sponsored by my employer?