University College London - MSc Computational Finance

University College London - MSc Computational Finance

Mathematics, finance, data science and machine learning

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Location
London, UK
The UCL MSc Computational Finance is a distinctive blend of Mathematics, Finance, Computer Science and Statistics / Data Science / Machine Learning. It is taught in the UCL Department of Computer Science by the Financial Computing and Analytics Group, which is made of top academics with a strong research record and industry connections. It concludes with a three-months summer project done usually in an industry placement in London with both an academic and an industrial supervisor. This gives students experience of conducting project work in a real-life setting. Most projects are organised by UCL staff; to a minor extent, students find their own internship or opt for a research-intensive project with only an academic supervisor.

Admission requires previous studies in a quantitative subject which includes exams in mathematics. The transcripts should show exams in calculus and linear algebra, and optionally also differential equations, probability, statistics, econometrics and similar. Students come from undergraduate degrees in mathematics, physics, statistics, computer science, engineering, economics, finance and a few other related topics.

UCL CS Financial Computing and Analytics Group: Financial Computing and Analytics

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2024 Ranking Data
Rank
3
Total Score
91
Peer Score
3.6
% Employed at Graduation
85%
% Employed at 3 months
100%
Salary
£61,333
Cohort Size
46 FT
Tuition
£44,500

Author
Andy Nguyen
Views
2,520
First release
Last update

Ratings

4.60 star(s) 5 reviews 4.60 star(s) Students Quality 4.60 star(s) Courses/Instructors 3.60 star(s) Career Services
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Latest reviews
  • Anonymous
  • 5.00 star(s)
Headline
Great Programme with Good Career Progress.
Class of
2023
From what I see, the Quant course for those interested in DeFi. A well designed course that has left me with a paper published and a job within DeFi. The faculty care.
Recommend
Yes, I would recommend this program
Students Quality
5.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
5.00 star(s)
Upvote 0 Downvote
Headline
Great programme for those looking to break into the Quant world.
Class of
2023
The MSc Computational Finance at UCL provides a unique and necessary blend of mathematics, programming and finance knowledge for those looking to break into the quantitative finance industry, or for those who wish to continue with academia. Furthermore, the programme offers courses on financial engineering, market risk, numerical methods, machine learning, which are crucial to securing a quant role within a bank, hedge fund or trading firms. Additionally, the lectures are distinguished experts in their fields, being both enthusiastic and understanding, thus creating a very friendly environment for all to learn.

This MSc provides a dissertation final project, which can be done in collaboration with industry partner to give real-world experience in applying what you have learned throughout this course. Being based in the heart of London also provides a unique opportunity for networking with people in industry or potential employers.

Like any university programme, challenges are bound to emerge. In particular, the quality of some of the lecture rooms were not amazing, especially considering how much you are paying for the course (which is another point on its own). Moreover, the career service is somewhat lacklustre in certain aspects, and this in conjunction with the poor administration is really a let-down.

To conclude, my experience during this course was definitely a positive one, not just in regard to the skills it has equipped me with, but also to the interesting people I met along the way. If you’re looking to be a quant, you won’t regret choosing this course.
Recommend
Yes, I would recommend this program
Students Quality
5.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
3.00 star(s)
Upvote 0 Downvote
Headline
MSc Computational Finance
Class of
2023
The knowledge conveyed during this program is excellent, especially for anyone who wants to continue a career in the financial industry, particularly in quantitative finance, and also for those aiming to pursue academia. This is because the curriculum offers a great mix of computational and mathematical finance, complex systems, physics, and machine learning. The lecturers are leaders in their respective research fields, which provides a unique perspective on the different topics mentioned.

Through the final project or dissertation, students can choose to either collaborate with important players in the financial industry or focus on purely academic research and publish a paper. This is very helpful for securing a full-time position in the industry or a Ph.D.

As with any program or university, there are issues, especially in terms of organization. For instance, for one course, we had to move to a new room for each lecture. Also, in my opinion, one should be sure about pursuing this master's as it is expensive.

Overall, it was a great experience. I got to know interesting people and I learned a lot.
I can recommend it to everyone!
Recommend
Yes, I would recommend this program
Students Quality
4.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
5.00 star(s)
Upvote 0 Downvote
Headline
Great programme towards academic
Class of
2021
The curriculum is exceptionally well-designed, keeping pace with the evolving demands of the industry. It incorporates a wide range of optional modules, allowing students to customize their learning journey according to their interests and career goals.

The faculty, especially those specializing in quantitative finance, are distinguished experts in their fields. Their commitment to teaching and the depth of their knowledge is evident in the rigorous assignments and the comprehensive understanding of concepts they provide.

Opting for an academic placement was a pivotal decision in my journey, leading me to pursue a PhD in quantitative finance. While the majority of modules were delivered online due to the pandemic, which somewhat limited direct industry exposure, the overall quality of education and support remained uncompromised.

In conclusion, my experience with UCL's Computational Finance program has been positive. It has equipped me with valuable skills and knowledge, paving the way for a successful career in quantitative finance. I wholeheartedly recommend this program to anyone looking to advance in this field.
Recommend
Yes, I would recommend this program
Students Quality
5.00 star(s)
Courses/Instructors
5.00 star(s)
Career Services
4.00 star(s)
Upvote 1 Downvote
  • Anonymous
  • 3.00 star(s)
Headline
Good program for students who want to focus on the practical side of QF
Class of
2023
Reviewed by Verified Member
Positives:

This quant finance program has people from a range of undergrad backgrounds therefore student have different strengths so you will be able to learn a lot from your cohort. I think there is power in diversity .

This program allows you to make a choice on whether you want the focus of the course to be more theoretical or practical based on your module choices.

Negatives:

There was little to no support from the career services, with students receiving zero exposure to industry other than potential master dissertation placements

Quality of lectures could be improved

Since the program only lasted one year it was quite rushed in terms of the material
Recommend
No, I would not recommend this program
Students Quality
4.00 star(s)
Courses/Instructors
3.00 star(s)
Career Services
1.00 star(s)
Upvote 0 Downvote
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