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Investment and Finance with Integrated Pre-Masters MSc

  • Two-year programme
  • Year 1 is a pre-masters programme which will
    • improve your English language skills
    • give you the knowledge in economics and finance that you will need in year 2 (especially relevant for students with little prior training in economics, finance, maths, and statistics)
  • Year 2 is our master’s programme MSc Investment and Finance
  • Progression requirements must be met between year 1 and 2
  • The award of the master’s degree is based solely on performance in year 2

This programme is based in the School of Economics and Finance (SEF) on Queen Mary’s Mile End campus.

School of Economics and Finance

The Graduate Centre on the Mile End campus.
The Graduate Centre on the Mile End campus.

Campus and Facilities

  • Close to London’s financial districts (the City of London and Canary Wharf)
  • Postgraduate accommodation (find out more regarding eligibility, and application deadlines).
  • State-of-the-art building
  • The latest computer labs with mathematical and trading software (e.g. Reuters and Bloomberg)
Master Journey Webinars

Master Journey Webinars

Your Masters Journey Webinars: Join our engaging webinar series designed to guide you through every step of your masters journey.

Register now

Programme structure

In year 1, you take the modules listed in the dropdown box below. Year 2 is MSc Investment and Finance.

Structure

In year 1, you take the modules listed in the dropdown box below. Year 2 is MSc Investment and Finance.

Compulsory modules and dissertation/research project

Financial Derivatives
The purpose of this module is to provide students with an overview of the theory and practice of pricing and hedging derivative securities. These include forward and futures contracts, swaps, and many different types of options. This module covers diverse areas of derivatives, such as equity and index derivatives, foreign currency derivatives and commodity derivatives, as well as interest rate derivatives. This module also addresses the issue of how to incorporate credit risk into the pricing and risk management of derivatives. All the relevant concepts are discussed based on the discrete time binomial model and the continuous time Black­Scholes model. The extensions of the Black­Scholes model are also discussed.

Elective modules

International Finance
Foreign exchange is not only the most heavily traded of all financial assets, it has the clearest interface between macroeconomics and finance. In this module you'll get an introduction to the main theoretical models used to understand FX markets as well as in­depth analysis of how they work in practice. Topics include: understanding global imbalances, models of exchange rate determination, the structure of the FX market and how trades are priced, FX derivatives markets, foreign exchange intervention and reserves, and currency regimes and crises. Each week the key lessons of the lecture are illustrated through an analysis of current economic events such as the problems in the Euro­area, China's foreign exchange rate policy and the role of the dollar as a global reserve currency. We also price and monitor foreign exchange trades suggested by course participants to see how good you are at FX trading!

Professional Development Modules

Optional, short, non-credit-bearing modules that typically run for a few weeks at various points during the year and focus on practical skills such as programming or working with trading software. More information about Professional Skills Development.

Amplify Trading

Amplify Trading is a professional trading firm based in London. As well as a trading floor in The City, Amplify Trading have developed unique software to develop and assess new traders whilst making decisions within the uncertainty of live financial markets.

More details about Amplify Trading

Career paths

Wide range of careers in financial sector, especially as analyst/trader/portfolio manager in investment banks, hedge funds, and pension funds.

We offer extensive careers support services (one-on-one appointments, practice interviews, careers workshops, etc.) to MSc students during their studies and for 3 years after graduation.

Job placement statistics for graduates from the MSc programmes at the School of Economics and Finance are available here.

Fees and funding

Full-time study

September 2025 | 24 months


The course fee is charged per annum for 2 years. The fee listed here is for the Pre Masters element of the programme. Fees for your second year will be confirmed during your first year but are currently £28,950.

Conditional deposit

Home: Not applicable

Overseas: £2000
Information about deposits

Full-time study

January 2026 | 20 months


The course fee is charged per annum for 2 years. The fee listed here is for the Pre Masters element of the programme. Fees for your second year will be confirmed during your first year but are currently £28,950.

Unconditional deposit

Home: Not applicable

Overseas: £2000
Information about deposits

Queen Mary alumni can get a £1000, 10% or 20% discount on their fees depending on the programme of study. Find out more about the Alumni Loyalty Award

Entry requirements

UK

Degree requirements

Additional information

Degree

  • At least a pass in a full first degree that is equivalent to a UK undergraduate degree
  • Any degree subject can be considered but students must have a satisfactory existing level of Mathematics, Statistics or Quantitative Methods. We welcome students from a variety of disciplines, including Accountancy, Mathematics, Statistics, Sciences, Computing, Engineering, Economics and Finance. Students from less quantitatively oriented degrees, such as Business, Management and Politics, are also welcome if they have focused on more quantitative elements of those degrees
  • We expect applicants to have passed all final year modules. Awards with failed modules in the final year of academic study will be considered on a case by case basis at the discretion of the academic department

 

Diploma of Higher Education

  • A UK Diploma of Higher Education (Level 5) with at least 55% overall, or the overseas equivalent
  • Any subject can be considered but students must have a satisfactory existing level of Mathematics, Statistics or Quantitative Methods. We welcome students from a variety of disciplines, including Accountancy, Mathematics, Statistics, Sciences, Computing, Engineering, Economics and Finance. Students from less quantitatively oriented subjects, such as Business, Management and Politics, are also welcome if they have focused on more quantitative elements of those disciplines
  • We expect applicants to have passed all final year modules. Awards with failed modules in the final year of academic study will be considered on a case by case basis at the discretion of the academic department

International

English language requirements

The English language requirements for our programmes are indicated by English bands. Note that for some academic departments there are programmes with non-standard English language requirements.

The English Language requirements for entry to this programme falls within the following English band:

Band 2: IELTS (Academic) minimum score 5.5 overall with 5.5 in each of Writing, Listening, Reading and Speaking

We accept a range of English tests and qualifications categorised in our English bands for you to demonstrate your level of English Language proficiency. See all accepted English tests that we deem equivalent to these IELTS scores.

Visas and immigration

Find out how to apply for a student visa.

Apply

Starting in
September 2025
Location
Mile End
Fees
Home: £24,250
Overseas: £24,250
EU/EEA/Swiss students
The fee listed here is for the Pre Masters element of the programme. Fees for your second year will be confirmed during your first year but are currently £28,950 for overseas students.
Deadline
Home: 8th September 2025
Overseas: 1st September 2025

Required supporting documentation:

  • Degree certificate and transcript
    • To be provided separately for each university qualification that you hold;
    • If you have not yet completed your current studies, provide a transcript of your results to date
    • If grading information such as a GPA scale is shown on the reverse of your transcript, upload a copy of this page
    • For documents that are not in English, provide a certified translation
  • For studies at a UK university that issues electronic Higher Education Achievement Reports (e-HEARS), or similar, provide a copy of the e-HEAR
  • Contact details of (or reference letters with official letterhead from) one referee from your most recent academic institution or from an employer (an employer can be your referee only if you graduated more than three years ago)
  • Statement of purpose
  • Curriculum Vitae (CV)/Resume
  • English language certificate if applicable (see the “Entry Requirements” tab)

Contact

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