MSc Financial Risk Management at University of Reading

Programme overview

MSc Financial Risk Management is a full-time, 12-month Masters at the ICMA Centre, Henley Business School, accredited by the Global Association of Risk Professionals (GARP). It combines a practice-focused approach with current market intelligence and offers exemptions from professional certifications, including CFA Institute and PRMIA exams.

What you will study

Modules include Investments, Financial Securities and Markets, Econometric Analysis for Finance, Programming for Finance, Market Risk, Financial Instruments and Credit Risk, with options such as Private Equity and Venture Capital, Fixed Income Cash and Derivative Markets, Sustainable Investments and Algorithmic and High Frequency Trading, and a Research Project or Work Placement and Project.

Career pathways

Graduates are prepared for careers in risk management and risk analysis with banks, regulators, portfolio managers, corporate treasuries, risk management software houses, specialist financial boutiques and hedge funds.

Official programme page

Application information

Entry requirements

Good second-class degree or equivalent from an internationally recognised university, in any discipline, with a satisfactory existing level of numeracy. Applicants may be asked to complete and pass the free two-week online Building Blocks of Maths and Stats for Finance course (ICMA Centre, FutureLearn), for example after several years out of education or with little evidence of numerical ability. Rolling admissions; recommended application dates are 1 August (UK/home) and 1 July (international). English language for international applicants: IELTS 6.5 overall with no component below 5.5.

Domestic applicants: GBP 16,450 a year (2027 entry). Full-time Source

International applicants: GBP 30,250 a year (2027 entry). Full-time; includes EU applicants Source

Intake: September 2027

Duration: 12 months full-time

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