Mathematical Finance MSc

Entry requirements
2:1 +
Full-time
1 year
Part-time
Up to 4 years
Start date
September 2019
UK / EU fee
£8,950
International fee
£18,250
Location
Loughborough

Overview

The depth of the mathematics taught in our Mathematical Finance MSc programme should equip you with the skills needed to succeed within the finance sector. It will also enable you to pursue a research career in stochastic analysis, financial mathematics and other relevant areas.

Our Mathematical Finance MSc programme is designed to provide you with the strong mathematical skills, computational techniques and finance background necessary to work in the finance sector. It could also open up careers in investment banking, hedge funds, insurance companies and the finance departments of large corporations.

Drawing on the expertise within our department of Mathematical Sciences, you will undertake core modules in stochastic analysis and measure theory, while also choosing optional modules covering wide-ranging topics of interest, including corporate finance, functional analysis and asset management.

In addition, the 14 weeks at the end of the programme are devoted to an individual project which you will complete under the supervision of your departmental supervisor.

As a student, you will benefit from our computing laboratory which boasts a dedicated IT team to help you with any computing queries. You will also benefit from the £4 million refurbished department of Mathematical Sciences building which has a spacious student activity area and dedicated state-of-the-art resources.

What makes this programme different?

  • Underpinned by the latest research and best practice
  • Located in a £4 million refurbished Mathematics building
  • 14 week individual project
  • Computing laboratory with dedicated IT team

Who should study this programme?

Mathematical Finance MSc is aimed at those students wishing to develop their mathematical skills, computational techniques and knowledge of finance to lead to employment in a range of finance sectors such as investment banks, hedge funds, insurance companies and the finance departments of large corporations where mathematics plays a key role.

Why you should choose us

What you'll study

Our Mathematical Finance MSc aims to deliver a postgraduate curriculum which provides you with a solid foundation in the core areas of mathematics relevant to industry and inspires you to meet your own aspirations, interests and educational needs.

Modules

Mathematical Finance MSc covers a wide range of topics; to give you a taster we have expanded on some of the core modules affiliated with this programme and the specific assessment methods associated with each module.

Introduction to Measure Theory and Martingales - 15 credits

This module is your introduction to the theoretical background of measure and integration theory and martingales. You will explore the essential role that randomness plays in mathematical modelling of numerous real world problems and build a solid rigorous mathematical background that enables progression to stochastic analysis, the mathematics of finance, and analysis-related fields.

Stochastic Models in Finance - 15 credits

This module introduces the basic discrete models in finance and provide you with the mathematical background to the security market and derivative industry, as well as equipping you with the mathematical tools to deal with financial problems.

Stochastic Calculus and Theory of Stochastic Pricing - 15 credits

This module enables you to develop a mathematical understanding of Brownian motion. You will explore the basics of stochastic calculus by using Brownian motion as an integrator and develop an understanding of the mathematical modelling of pricing via the Black-Scholes model.

Research Project (summer)

Your project is your opportunity to gain experience of independent work in an area of mathematics with relevance or applications to the field of finance, conducting a review of the literature underpinning an area of mathematics, and drawing upon a range of sources and materials to construct a coherent study. You will work under the supervision of a member of Departmental staff.

Programming and Numerical Methods - 15 credits

Introduces the basic concepts of programming and explains numerical methods for solving ordinary and partial differential equations.

Regular and Chaotic Dynamics - 15 credits

Explores dynamical systems from a modern viewpoint, emphasising the rich behaviour of nonlinear systems.

Financial Economics - 15 credits

Builds knowledge of the fundamental concepts of financial economics and learn how to model the behaviour of investors under conditions of uncertainty and how to apply theoretical models in both asset pricing and the evaluation of capital market efficiency.

Functional Analysis - 15 credits

Develops awareness of the power and range of abstract mathematical concepts through a basic introduction to the methods of functional analysis.

Elements of PDEs - 15 credits

Builds familiarity with modern qualitative theory of linear PDE's with particular emphasis on second-order equations as well as to study selected aspects of modern methods for simple nonlinear PDEs.

Lie Groups and Lie Algebras - 15 credits

Introduces the notions of a Lie group and Lie algebra, their properties and methods.

Static and Dynamic Optimisation - 15 credits

Develops understanding of the theory and techniques of static and dynamic optimisation.

Asset Management and Derivatives - 15 credits.

Explores the options, futures, swaps and other derivative instruments and their use in asset management.

Corporate Finance - 15 credits

Introduces options, futures, swaps and other derivative instruments and their use in asset management.

The information above is intended as an example only, featuring module details for the current year of study. Modules are reviewed on an annual basis and may be subject to future changes – revised details will be published through Programme Specifications ahead of each academic year. Please see Terms and Conditions of Study for more information.

How you'll be assessed

Modules are assessed by a combination of examinations, coursework and group work.

How you'll study

  • Lectures
  • Seminars
  • Tutorials
  • Independent study
  • Group work

Your personal and professional development

Our Department of Mathematical Sciences is committed to helping you develop the skills and attributes you need to progress successfully in your chosen career.

Future career prospects

Mathematical Finance MSc may lead to a wide range of employment within industry, the financial sectors, and research establishments. It may also provide an ideal background for postgraduate research in Stochastic analysis, probability theory, mathematical finance and other relevant areas.

Graduate destinations

Recent graduate destinations include:

  • Deloitte, Business analyst
  • HSBC, Finance analyst
  • JPSS, Data analyst
  • Lloyds Banking Group, Risk Analyst

Other students have gone on to secure PhD places at top British universities including Loughborough, Warwick and Nottingham, and international universities such as Chicago and Boston.

Your personal development

Once you've completed this programme, you should gain the ability to:

  • Possess general study skills, including the ability to learn independently using a variety of media
  • Have good time management and organisational skills
  • Be logical and analytical, and possess skills in IT, communication, presentation and problem solving.

Entry requirements

Our entry requirements are listed using standard UK undergraduate degree classifications i.e. first-class honours, upper second-class honours and lower second-class honours. To learn the equivalent for your country, please choose it from the dropdown below.

Entry requirements for United Kingdom

An honours degree (2:1 or above) or equivalent overseas qualification in a subject with a high mathematical content.

Afghanistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Masters 95% 85% 70%

Albania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diplomë e Nivelit të Pare (First Level (University) Diploma (from 2010) 9.5 8.5 8

Algeria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licence (4 year) 17 15 12.5
Diplome d'Inginieur d'Etat 20 20 20

Argentina

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Argentina 8.5 7.5 6.0

Armenia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalavri Kochum 90% 80% 70%
Magistrosi Kochum 3.9 3.5 3.0

Australia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Australia - honours degree (AQF level 8) First class Upper second, H2A Lower second, 2B
Australia - ordinary degree (AQF level 7) High Distinction 85% Distinction 80% Distinction 75%

Austria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Degree/ Diplomstudium / Magister degree A (or 1.5) mit Auszeichnungbestanden 60% or B or 3.0 (or 2) 50% or C or 2.7 (or 3)

Azerbaijan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalavr Diplomu 4.5 4 3.5
Diplomu (Specialist Diploma) 90% 80% 70%

Bahrain

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
GPA 4.0 scale 3.5 3.0 2.8

Bangladesh

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bangladesh – BUET or 'Good Private' University - 4 year degree 1st (70%) 2nd (60%) 2nd (55%)
Other universities 1st (80%) 1st (70%) 2nd - (60%)

Barbados

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Barbados - classification 1st 2:1 2:2
Barbados - letter grading A B (or 75%) C (or 55%)
Barbados - GPA 3.6 3.0 2.0

Belarus

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Specialist Diploma (5Yr) 9 8 6.5

Belgium

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor degree Magna Cum Laude Cum Laude 60%/12
Licenciaat 80% 70% 60%
Licencie 17 14 12

Benin

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Maitrise 18 15 or Bien 12 or Assez Bien

Bolivia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
A Licenciado, 4 years Private (public/private) 85/78 75/66 67/55

Bosnia and Herzegovina

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma Visokog Obrazovanja / Diplomirani 10 9 8

Botswana

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's degree A or 80% B or 70% C or 60%

Brazil

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 yr Bacharel or Licenciado 8.5 7.5 6.0
Licenciatura or Título Profissional A B C

Brunei

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Brunei First Upper Second (60%/B/3.1) Lower Second (50%/C/2.7)

Bulgaria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
5 yr Diploma za Zavarsheno Visshe Obrazovanie (Diploma of Completed Higher Education) 6 5 4

Cameroon

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bachelor degree or Diplome d'Etudes Superiures de Commerce 1st or 15 2:1 or 14 2:2 or 12.5
Diplome d'Ingenieur or Diplôme d'Ingénieur de Conception or a Maitrise or a 4 year Licence 20 or GPA 3.7 20 or Bien (GPA 3.4) 20 or Assez Bien (GPA 3.1)

Canada

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Canada - GPA 4.0/percentage scale 3.5/85% 3.0/75% 2.8/68%
Canada - out of 9 8 7 5
Canada - out of 12 10 8 6

Chile

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Grado de Licenciado / Título (Profesional) de [subject area] (4 years) 6.0 5.0 4.5

China

Students are required to have a bachelor degree (4 years) for entry to a postgraduate programme. The University uses the Shanghai Academic Ranking of World Universities to identify the required final mark, as outlined on the table below:

First class (70%) Mid 2:1 (65%) 2:1 (60%) Mid 2:2 (55%) 2:2 (50%)
Shanghai Rank Top 250 85% 81% 80% 78% 77%
Shanghai Rank 251-500 89% 84% 83% 81% 80%
Shanghai Rank 501+ 92% 87% 86% 85% 82%

Affiliated colleges

The University will consider students from Affiliated Colleges in the following way:

Applicants from colleges affiliated to universities in the top 250 Shanghai rankings will considered if they have achieved or are likely to achieve final marks of 80%-84%.

Applicants from colleges affiliated to universities which are 251-500 in the Shanghai rankings will considered if they have achieved or are likely to achieve final marks of 82%-87%.

Applicants from colleges affiliated to universities which are above 500 in the Shanghai rankings will considered as follows:

  • School of Business and Economics: not considered
  • All other programmes if they have achieved or are likely to achieve final marks of 82%-87%.

Universities given special consideration

Applicants from a small number of Chinese universities that specialise in business, management, finance or creative arts will be given special consideration by the University. The full list of these universities and the Shanghai band under which they will be considered can be found in the PDF below.

Download the list of Chinese universities given special consideration here

Students who do not meet the above requirements may occasionally be considered if they have a relevant degree, can show good grades in relevant subjects, and/or have substantial relevant work experience.

Colombia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado / Título de [subject area] 4.5 3.5 3.0

Costa Rica

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licenciado 9 8 or 80 or Notable 7.0 or 70 or Sufficiente

Croatia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Baccalaureus / Prvostupnik 4.5 3.8 3.0

Cuba

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4-year Titulo de Licenciado / Licenciatura 5 4 3

Cyprus

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Cyprus 8.5 7.0 6.5

Czech Republic

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalár (after 2001) 6 yr integrated Magistr 1.2 2.2 2.7

Denmark

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
5 year Candidatus/Candidata Magisterii or Bachelor degree (7 point scale) 12 10 7

Dominican Republic

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4 year Licenciado 3.8 Magna Cum Laude 3.5 Cum Laude 3.2
Título de [subject area] - 85% 82%

Ecuador

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Título de Licenciado 8.5 7.5 6
Título de [subject area] 85% 75% 60%

Egypt

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Egypt 3.7 3.2 2.7
Universities only BA 90%, BSc 85% BA 80%, BSc 75% BA 65%, BSc 65%

El Salvador

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
5 year Licenciado 8.5 7.5 6.5
Título de Ingeniero 85% 75% 65%
Arquitecto - Muy Bueno Bueno

Estonia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bakalaureusekraad or Magister or Magistrikraad 5 or A 4 or B 3 or C

Ethiopia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's A/GPA 4.0 A/GPA 3.5 B/GPA 2.8

Finland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kandidaattii/Kandidat (out of 3) 3 2 1
Maisteri/Magister (out of 5) 4.5 3 2.5

France

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Licence (3 years)/ Maitrise/ Diplôme d'Ingénieur 14 12 11

Georgia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
4-year degree (% = new system) 5 (95%) 4.5 (85%) 4 (75%)

Germany

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
German Bachelor/ Diplom, Magister Artium / Zeugnis über den Zweiten Abschnitt der Ärztlichen Prüfung 1.5 2.5 3.0

Ghana

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Ghana First Upper second/60% Lower second/50%

Greece

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Greece 8.5 7.0 6.5

Grenada

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Degree from University of West Indies - classification 1st 2:1 2:2
Degree from University of West Indies - grade / percentage A B / 75% C / 55%
Degree from University of West Indies - GPA 3.6 3.0 2.0

Guatemala

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Universidad de San Carlos de Guatemala - 80% 60%
Private university - 85% 70%

Guyana

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Master's - Pass with distinction or GPA 4.0 -

Hong Kong

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Hong Kong GPA 4.0 scale 3.5 3.0 2.8

Hungary

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Alapfokozt or Egyetemi Oklevel / Bachelor 5 4 3

Iceland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Baccalaurreatus degree or Kandidatsprof/Candidatus Mag 8.5 7.5 6.5

India

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Institutions listed on the Indian Ranking of Higher Educational Institutions Framework 65% (First) 60% (First) 55% (Upper second)
All other Indian institutions 70% (First with distinction) 65% (First) 60% (First)

Indonesia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sarjana I (S1) from A (or B) credited Universities 3.7 (4.0) 3.3 (3.7) 3 (3.3)

Iran

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Iran 18 16 14

Iraq

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Iraq 85% 80% 75%

Ireland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Republic of Ireland First (70%) Upper second (60%) Lower second (50%)

Israel

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
3 yr Bachelor Degree 90% 80% 75%

Italy

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diploma di Laurea 109/110 104/110 (or 27) 100/110 (or 26)

Ivory Coast

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Diplome d'Etude Approfondies, Diplome d'Etude Superieures or Diplome d'Etude Superieures 16 14 (Bien) 12 (Assez Bien)

Jamaica

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
For degrees studied at The University of West Indies or degrees accredited by UCJ and CCCJ 1st (GPA 3.6) 2:1 (GPA 3.0) or B 2:2 (GPA 2.0) or C

Japan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Japan 85% 80% or B or 3.0 70% or C or 2.0

Jordan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Jordan - GPA 4.0 scale 3.5 3 or 3.5/5 or 75% 2.8 or 65%

Kazakhstan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kazakhstan - GPA 5.0/percentage scale 4.5 or 90% 4 or 85% 3.5 or 80%
Kazakhstan - GPA 4.33 scale 3.9 3.7 3.2
Kazakhstan - GPA 4.0 scale 3.7 3.4 3

Kenya

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kenya First / 70% / A Upper second / 60% / B Lower second / 50% / C

Kosovo

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kosovo 10 9 8

Kuwait

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kuwait GPA 4.0 scale 3.6 3.0 2.8

Latvia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Latvia 9 7 6

Lebanon

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Lebanon - American 90% (3.5) 80% (3.2) 70% (2.8)
Lebanon - French 18 15 12

Liberia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Liberia - master's 4.0 or 90% 3.5 or 85% 3 or 80%

Libya

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
BSc Engineering, Architecture, Medicine 85 (4.0) 80 (3.0) 75 (2.5)
Other bachelor's degree from a university 90 (4.0) 85% (3.6) 80% (3.0)
Master's degree Master's Master's Master's

Lithuania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Lithuania 9 8 7

Macau

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Macau 1st or GPA 3.7 2:1 or GPA 3.0 2:2 or GPA 2.5

Macedonia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Macedonia 10 9 8

Malawi

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
MSc Degree 75% 70% 65%
BSc Degree - 80% 80%

Malaysia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Malaysia - classification First Class 2.1 2.2
Malaysia - GPA 4.0 scale 3.5 3.0 2.8

Mauritius

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Mauritius 1st or 70% 2:1 or 60% 2:2 or 50%

Mexico

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Mexico 9 8 7

Morocco

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Morocco 17 15 13

Namibia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Namibia 80% or A 70% or B 60% or C

Nepal

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Nepal - master's (after 3 year bachelor degree) 90% or 3.9 GPA 80% or 3.8 GPA 70% or 3.3 GPA

Netherlands

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Netherlands 8 7 6

New Zealand

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
New Zealand First (A/A+) Upper second (B+/A-) Lower second (B-/B)

Nicaragua

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Nicaragua - 80% 70%

Nigeria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Nigeria 7 point Scale 6 5 4
Nigeria 5 point scale 4.5 3.8 3.5
Nigeria 4 point scale 3.5 3 2.5

Norway

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Norway A (1.5) B (2.5) C (3.2)

Oman

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Oman GPA 4.0 scale 3.5 3.0 2.8

Pakistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Pakistan Public Universities (Tech or Eng) 4 Year degree only First with distinction (75%) / 4.0 First (65%) / 3.2 Second (59%) / 2.6
Pakistan Private Universities (Tech or Eng) 4 Year degree only First with Distinction (85%) First (75%) First (65%)
Pakistan master's (2 or 3 year bachelor's plus master's) First Second (55%) Second

Palestine

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Palestine A / 90% / 3.7 B+ / 85% / 3.3 B / 80% / 3.0

Panama

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Panama 91 (A) 81 (B) 71 (C)

Papua New Guinea

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Papua New Guinea 1st 2:1 2:2

Paraguay

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Paraguay - 4 3.5

Peru

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Peru 16 14 12

Philippines

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Philippines - degree from prestigious state universities or Centres of Excellence (COE) Summa Cum Laude 4.0 / 96% / 1.0 Magna cum Laude 3.5 / 92% / 1.5 Cum Laude 3.0 / 87%/ 2.0

Poland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Poland 5 (Very good) 4 (Good) 3.5

Portugal

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Portugal 18 16 14

Qatar

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Qatar GPA 4.0 scale 3.5 3.0 2.8

Romania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Romania 8.5 7.5 6.5

Russia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Russia 4.5 4.0 3.5

Rwanda

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Rwanda - 2:1 or 16/20 or 70% 2:2 or 14/20 or 60%

Saudi Arabia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Saudi Arabia GPA 4.0 scale 3.5 3.0 2.8
Saudi Arabia GPA 5.0 scale 4.5 3.75 3.5

Senegal

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Senegal - 14/20 or bien 12/20 or Assez Bien

Serbia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Serbia 9 8.25 7.5

Sierra Leone

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sierra Leone - classification - 2:1 2:2
Sierra Leone - percentage grading - 60-69% 50-59%
Sierra Leone - letter grading - B+ B

Singapore

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Singapore - classification First Upper second Lower second
Singapore - GPA 4.0 scale 3.7 3.0 2.7
Singapore - GPA 5.0 scale 4.5 3.5 3.0

Slovakia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Slovakia 1.5 or B 2.0 or C 2.5 or C/high D

Slovenia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Slovenia 9.5 8.5 7

South Africa

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
South Africa - classification 1st 2:1 2:2
South Africa - percentage scale 75-100% 70-74% 60-69%

South Korea

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
South Korea 4.0 / A 3.0 / B 2.5 / C+

Spain

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Spain 9.0 7.5 6.5
Spain - UCM grading 3.0 2.0 1.5

Sri Lanka

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sri Lanka 70% 60% 55%

Sudan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sudan (North and South) 1st or 70% or B+ 2:1 or 66% Mid 2:2 or 60% or B

Sweden

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sweden - Overall grade of VG with a minimum of 90 credits at VG Overall grade of G with a minimum of 90 credits at G

Switzerland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Switzerland 6 5 4

Syria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Syria - state universities 85% 75% 65%
Syria - private universities 95% 85% 75%

Taiwan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Taiwan - prestigious national universities 80% 75% 73%
Taiwan - excellent universities 83% 78% 75%
Taiwan - good universities 88% 83% 80%

Tajikistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Tajikistan - 4.5 4

Tanzania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Tanzania 1st 2:1 2:2

Thailand

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Thailand GPA 4.0 scale 3.5 3.0 2.8

Trinidad and Tobago

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Trinidad and Tobago - University of the West Indies or degrees accredited by ACTT 1st 2:1 2:2

Tunisia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Tunisia 15 (tres bien) 13 (bien) 11 (assez bien)

Turkey

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Turkey 3.5 2.8 2.2

Turkmenistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Turkmenistan - 4.5 4

Uganda

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Uganda First Upper second Lower second

Ukraine

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Ukraine 5 4.5 4

United Arab Emirates

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
United Arab Emirates GPA 4.0 scale 3.5 3.0 2.8

United States of America

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
United States of America GPA 4.0 scale 3.5 3.2 2.8

Uruguay

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Uruguay 10/12 8/12 or MB or 90% 6.5/12 or B or 80%

Uzbekistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Uzbekistan 90% / 85% 80% / 75% 75% / 65%

Venezuela

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Venezuela - out of 20 - 16 14
Venezuela - out of 9 - 7 6.5

Vietnam

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Vietnam 8.0 7.0 6.0

Zambia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Zambia - master's - B+ or 3.5 or 70% -

Zimbabwe

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Zimbabwe - 65% 60%

English language requirements

Applicants must meet the minimum English Language requirements. Further details are available on the International website.

Fees and funding

UK / EU fee

Full-time degree per annum
£8,950

International fee

Full-time degree per annum
£18,250

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment.

The fee stated is for a full-time student undertaking a master’s programme of 180 credits. Part-time students should divide the published fee by 180 credits and then multiply by the number of credits they are taking to calculate their tuition fees.

Student loans Scholarships Career Development Loans External charities and loans Alumni bursary