- Master
- 24–27 months
2.5-Term Pathway - Pre-Master's in Social Sciences - Continue to Master of Science - Financial Engineering and Risk Management
University of Essex International College · Colchester, United Kingdom
Tuition
£24,300
Submit by November 1, 2026 · 55 days left · not confirmed by the school · starts November 1, 2026
Ask about this course- Length
- 24–27 months
- Starts
- November 1, 2026not confirmed by the school
- IELTS
- 5 overall
- Post-study work
- Available, as published
- Taught in
- English
- Cost of living (annual)
- £12,180
Overview
If students hold a bachelor’s degree or equivalent, but don’t meet the entry requirements for a master’s, a Pre-Master’s can help them gain a place on a postgraduate degree. For progression to the 1st year of a postgraduate degree at the University of Essex. Course length is determined mainly by English language level (UKVI IELTS score).
Students on all course lengths take a set of common or similar modules to gain a solid base of skills for university. If the course is longer than 2 terms, students will take additional modules designed to improve one or more of their English language level, academic skills, and basic knowledge of particular subjects.
Master of Science - Financial Engineering and Risk Management
The global finance sector requires financial engineers and risk managers to work alongside its traders in order to develop robust security measures to maximise financial stability. The after-effects of the 2008 financial meltdown are still being felt across the globe. The University of Essex MSc Financial Engineering and Risk Management aims to develop finance sector workers who are able to evaluate risk, act rationally and understand the economic impact of their actions in order to find solutions. While the trader is trying to make money, the risk manager is trying not to lose it and the financial engineer is building the tools to reduce associated risks.
If students feel comfortable in pressurised environments and can rise to the challenge of making ethical and robust financial decisions, this could be the finance specialism for them.
MSc Financial Engineering and Risk Management will enable students to follow advanced, contemporary study in financial engineering and risk management and develop a deeper understanding of the risks within modern financial securities. Students will also become skilled in the design of powerful management systems to measure risk. Upon graduation, students should possess the skills and knowledge for a successful career in commercial, investment and central banks, hedge funds, regulatory authorities and rating agencies.
MSc Financial Engineering and Risk Management is taught at Essex Business School, ranked 25th in the UK for research quality. The students and staff join Essex from all over the world and their teaching is grounded in contemporary issues and professional practice, supported by industry-standard facilities, such as Essex's Bloomberg virtual trading floor.
Essex Business School is helping to create the business leaders of the future, those who are creative, innovative and ethically aware. 93% of the Essex Business School students are in employment or further study.
Many of the graduates enjoy careers in financial analysis, management, public administration and accountancy at some of the world’s most well-known organisations and exciting SMEs, including: Groupon, KPMG Group, Right Freight Pvt Ltc, Copal Partners, Capital Markets Intelligence, and Credit Data Research.
Entry requirements
As the university states them. Whether you meet them depends on your own results — ask us and a consultant will check with you.
- English
- PTE: 36 overall or above
- IELTS: 5 overall or above
- Prior study
- Bachelor
Fees and living costs
- Tuition
- £24,300
- Cost of living (annual)
- £12,180
Published as University of Essex International College publishes it, through ApplyBoard, and not checked by Go Study — ask us and a consultant will confirm any of it with the school.
Intakes
November 1, 2026
Starts November 1, 2026 · apply by November 1, 2026
not confirmed by the school
January 1, 2027
Starts January 1, 2027 · apply by December 4, 2026
not confirmed by the school
July 1, 2027
Starts July 1, 2027 · apply by June 3, 2027
not confirmed by the school
October 1, 2027
Starts October 1, 2027 · apply by September 3, 2027
not confirmed by the school
January 1, 2028
Starts January 1, 2028 · apply by December 4, 2027
not confirmed by the school
July 1, 2028
Starts July 1, 2028 · apply by June 3, 2028
not confirmed by the school
October 1, 2028
Starts October 1, 2028 · apply by September 3, 2028
not confirmed by the school
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