Applying for MSc Financial Technology
Are you ready to begin your MSc Financial Technology programme at a Business School where business and technology collide? We take a holistic approach to admissions, considering not only your academic and professional achievements, but also who you are, what motivates you and how you collaborate with those around you.
What we look for in a MSc Financial Technology candidate
If you’re an intellectually curious individual with excellent quantitative skills, first-rate programming skills, commercial awareness and good problem-solving skills, then MSc Financial Technology at Imperial College Business School is a good fit for you. This programme has a focus on innovation, and attracts individuals who want to understand and champion new technological advancements. MSc Financial Technology will prepare you for a variety of exciting roles within the finance sector, in both established financial institutions and technology companies, and fintech start-ups.
Further detailed entry requirements are below.
You should have a First or Upper Second Class Honours undergraduate degree from a recognised university or the international equivalent in a highly quantitative discipline such as:
- Computer Science
Programming skills using languages such as C++, Java, R or Python will add weight to your application. You can provide details of your experience in the software packages and programming languages section of the application form.
There are no specific ‘A’ Level criteria, but many banks and companies in the financial sector have very strict grade requirements for their graduate programmes. We strongly recommend that you research the entry requirements of any companies you are interested in working for.
MSc Financial Technology is a highly quantitative programme and therefore all students commencing the programme are expected to be proficient in probability, calculus, matrix algebra and real analysis.
You should use the Quantitative Experience Statement on the application form to list the most advanced quantitative courses that you have taken in your academic career to date and to provide brief examples of the relevant topics covered by the programme.
Complete our online Maths test to determine if you are suitable to apply for the programme.
You are strongly recommended to undertake relevant internships and work placements and list them in the ‘Industrial/Professional Experience’ section of the application form and your CV, as this will add weight to your application.
If you are committed to a career in the finance sector, we expect to see evidence of how you’ve been building your professional experience and knowledge throughout your undergraduate degree.
All home, EU, and overseas applicants must demonstrate English language proficiency. Students who were not awarded their degree in a qualifying English-speaking country must demonstrate their proficiency by completing an approved English language qualification at the required level. Minimum test requirements for the most popular tests are:
IELTS (academic): A minimum score of 7.0 with minimum scores of 6.5 in all elements
TOEFL iBT: A minimum score of 100 overall with minimum scores of 22 in all elements
Duolingo English Test: 125 Overall with no less than 115 in any band score
More detailed information can be found on our English language requirements page.
GMAT is not required for MSc Financial Technology, but a well-balanced GMAT result with 650 or higher overall will add weight to your application.
If your undergraduate degree is not in a highly mathematical discipline, you will need to demonstrate your suitability with excellent results in your quantitative modules. Submitting a GMAT or GRE result is also highly recommended. A score of at least 48/60 in the quantitative section of GMAT, or 159 in the quantitative section of GRE will add weight to your application.
How to apply
Start your application online
- Go to the application portal
- Create an account and input your personal details
- Pay the £100 application processing fee
Complete the application questions
As part of your application, you will need to complete:
- Career planning questions
- Quantitative experience statement
- Programming/computer software experience
You will also have the option to indicate which other areas of finance are of most interest to you. If we do not make you an offer for your selected programme, we will automatically consider you for alternative programmes within the Finance Suite.
Submit your supporting documents
- Complete degree transcripts with English translation if necessary
- Personal statement: view guidance blog on how to write a personal statement
- Current resume/CV - you can use our CV template for guidance
- Contact details of two referees: two academic, or one professional, one academic
- GMAT or GRE results (recommended but not compulsory)
- English language scores, if required i.e. TOEFL, IELTS
Complete your application
Once you have submitted your supporting documents you can complete your application. Please note: referees may respond after submission.
Shortlisted candidates will be invited to interview. This is the best opportunity for you to demonstrate your passion and drive, and why you want to study a Master’s at Imperial.
Normally this will be through our video interview platform, which you can access online to record and submit your answers; occasionally you may be invited to interview via Skype or telephone instead.
You will be notified informally via email and officially via your Imperial Gateway account with the result of your application. Our normal application processing time is approximately 6-8 weeks.
Submit outstanding documents and pay your deposit
Once you receive your offer, you may be required to submit documents to satisfy your offer conditions. The application portal is where you respond to your offer and view full details of your conditions. You will then be required to pay your 10% deposit for the programme.
Start your Master's journey today
Key dates and deadlines
Applications for 2024 entry are now open. We accept applications on a rolling basis until the class is full. Our programmes are highly competitive, so we recommend applying early.
Applying early will increase your chances of receiving a scholarship, allow international students more time to complete the visa process and give you more time to find accommodation in London. If you receive your offer, you will also gain access to exclusive events, including our Admit Weekend, guest lectures and networking events.
We have three submission deadlines to apply for scholarships for our 2024 Master’s intake of students. After each deadline, we will make awards to eligible candidates. We will aim to inform scholarship recipients within approximately two months of the submission deadline. Awards will be made from the first deadline, and you are therefore encouraged to submit as early as possible in order to maximise your chances of success.
2024 scholarship deadlines
Friday 3 November 2023
Friday 19 January 2024
Friday 29 March 2024
MSc Financial Technology 2023 fees
Invest in yourself
We know that choosing to pursue a Master's is one of the most important decisions you will make and is a substantial investment in yourself. Your fees will cover tuition for the year.
Fees do not cover accommodation and living expenses in London, costs incurred as part of optional internships or exchanges, flights and accommodation for optional international electives, supplementary texts and study materials, Careers Club membership (£10 per club for the year).
The fees for both UK and international students are the same.
1 Fees and deposit are to be confirmed for 2024 entry.
2 Deposit: The non-refundable confirmation deposit counts towards the cost of the programme.
Paying your fees
Full information on how to pay your fees will be communicated after you have accepted your offer. To secure your place, a deposit of 10% of the tuition fee is required. This is part of the full tuition fee and not an additional cost.
Making your payment
You can pay your tuition fees in one instalment in August or, if you are self-funding, in two instalments in August and February.
Receiving your invoice
You will receive an email invoice from the Tuition Fees team within five days of accepting your offer and will need to pay the deposit within 30 days of receiving this invoice. Failure to pay this in time may result in your offer being withdrawn.
Join an upcoming event
Attending an event is a great way to find out more about our programmes and what it’s like to study at Imperial College Business School.
Dublin | Recruitment Team One-to-Ones
Register your interest for a one-to-one in Dublin with our Recruitment Team, and have any questions answered about the MBA and MSc programmes at the Business School.
Athens | Recruitment team One-to-Ones
Join us for a One-to-Ones consultation with members from the Recruitment Team in Athens, and have any questions answered about our MBA & MSc programmes at the Business School.
Athens | MBA & MSc Networking Evening
We welcome you to join our in-person networking evening in Athens to connect with our Recruitment Team, current students and alumni so that you can find out which MBA or MSc programme is right for you.
Lagos | Recruitment Team One-to-Ones
Join us for a one-to-one meeting in Lagos with members of our Recruitment Team, and have any questions answered about our MBA and MSc programmes at the Business School.
Lagos | MBA & MSc information session
Meet the Admissions and Recruitment team in Lagos to find out more about our MBA & MSc programmes.
Milan | Recruitment Team One-to-Ones
Register your interest for a one-to-one in Milan with our Recruitment Team, and have any questions answered about the MBA and MSc programmes at the Business School.
Frequently asked questions
All applications to our postgraduate programmes are made online – we do not accept paper applications. Please refer to the ‘How to apply’ section of each programme page to see what documents you are required to submit with your application and to view the selection process.
All of our programmes are academically rigorous and include a quantitative component so all candidates are expected to be familiar with a basic level of mathematics before the start of the programme. The quantitative experience statement provides an opportunity to demonstrate this to the selection committee.
In the quantitative experience statement, you need to list up to five of the most quantitative modules or elements of your studies to date. You should list the main topics of study (eg: algebra, probability etc) as well as the level of study (eg: high school, undergraduate degree, short course etc) as this will allow the selection committee to have an understanding of your quantitative experience to date.
Quantitative experience is a key selection criterion for our more quantitative programmes (MSc Finance, MSc Finance & Accounting, MSc Financial Technology, MSc Investment & Wealth Management, MSc Risk Management & Financial Engineering, MSc Business Analytics, MSc Climate Change, Management & Finance and MSc Economics & Strategy for Business) so please be sure to check the entry requirements for your programme of interest to ensure your background is sufficiently quantitative. For other programmes, candidates are advised to review both the programme content and the pre-study modules to see what the numerical content of the programme includes before they submit an application.
You can apply to be considered for one programme each year. We will take your areas of interest and eligibility into account when considering you for alternative programmes.
While it is not compulsory to submit the results of an approved English language test with your application, it is strongly encouraged and will add weight to your application if you are able to show that you have met the language requirement prior to applying. You can find detailed information regarding the Business School’s language requirements and the tests that we accept here.
As part of your application, you will be asked to provide the contact details of two referees. Your referees will be contacted by email once you have completed and submitted your application, and the email will contain instructions on how they can submit your reference via our application system.
Please ensure that each reference letter that is submitted has been sent from an academic or professional email address. We cannot accept references sent from personal email addresses, such as Gmail, Hotmail, 126, 163, Sina, QQ, and Yahoo.
Our electronic application service is provided by an external provider, so there may be a delay before the receipt of your references is confirmed on your student application account.
If you receive confirmation that your references have been received but this still isn’t confirmed on your account a week after receiving the confirmation, please contact the Central Admissions team at firstname.lastname@example.org.
Yes. As part of the selection process, shortlisted candidates for our MSc programmes will be invited to complete an interview. Interviews are conducted through Kira Talent, our video interview platform, which you can access online to record and submit your answers.
The interview process typically takes about 20 minutes and does not require extensive preparation. It aims to supplement your written application by providing a further opportunity for you to articulate your suitability for your MSc programme of choice through questions about your previous experience and future aspirations.
If you are invited to submit a video interview, you will be sent details of how to access and use the Kira Talent online interview platform.
Once you have created an account, you will be asked a series of questions, to which you can record your answers as short videos and submit them online.
Please make sure that the invitation doesn’t go to your junk mail by adding kiratalent.com to your list of safe senders. You must complete your online interview by the deadline stated in the email. If the email has gone into a junk, spam, or clutter folder in your inbox, we will not be able to rearrange a new interview for you, and your application will be considered for withdrawal.
For all MSc programmes, you can normally expect to receive a decision within 6-8 weeks of having submitted a complete application. Please keep in mind that during busy times and/or where documents are missing from an application, this time may increase.
When an offer is submitted by the Business School, the Central Admissions need to make a number of final checks before it can be formally approved. These may include an additional review of an applicant’s academic background or ensuring the references we have received are valid. Until you have received confirmation of the official offer via the College’s applicant portal, please do not arrange accommodation, book flights or decline any other offers you may be holding. The majority of offers are successfully approved by Central Admissions and you will be able to see full details of your offer conditions once your official offer has been confirmed.
Unfortunately, we are unable to confirm when you will receive a decision on your application but we will be in touch via email as soon as there is an update. Please be aware that you do not need to provide any additional information unless you think that this will add significant weight to your application (e.g. updated transcripts, relevant internships, English language results).
Please email your programme admissions team if you would like feedback on your application. Please note that whilst limited feedback can be provided, the decision of the academic selectors is final and it will not be possible for your application to be reconsidered.
We are unable to assess eligibility before an applicant applies as the academic selection committee needs to review a full application before any decision can be made. Please check the specific entry requirements of the programme you are interested in studying along with our international entry requirements. If you feel you meet our entry requirements you can apply online.
In addition to the guidance available on our website, we also hold regular information sessions both online and on-campus throughout the year where we would be happy to discuss your suitability in more detail.
The majority of the MSc programmes require a minimum of an Upper Second Class Honours degree (or international equivalent) to be admitted. While work experience can add weight to an application, this would not be considered in place of meeting the academic requirement, regardless of how lengthy the experience has been.
The exceptions to this are MSc Global Health Management, MSc Business Analytics (online delivery, part-time), and MSc Strategic Marketing (online, part-time). Please refer to the programme’s entry requirements for more detailed information.
We may consider candidates applying to MSc Business Analytics (online delivery, part-time) with non-traditional qualifications and backgrounds, on the basis of highly relevant work experience or demonstrated interest.
The Business School does not offer pre-sessional English courses or accept attendance of a pre-sessional English course as a means of meeting the English language requirement.
Yes, you can. You can pay your tuition fees in either one or two instalments payable at the start of term, or at the start of term and February, respectively. If you pay in instalments there will be a 2% surcharge of the total amount added to your first instalment. You would be asked to select a payment schedule during the offer acceptance process. Please contact the Student Finance Team if you have further questions about this process.
The Business School offers a variety of different scholarships, each with unique eligibility criteria.
All candidates who submit an MSc application before the scholarship deadlines (listed on our website) and receive an offer for one of our programmes will automatically be considered for scholarship(s) relevant to their programme, providing they do not have additional criteria such as a video submission. You can be considered for multiple scholarships at the same time.
Additionally, there are a number of cross-programme awards and programme specific awards also available. Please check on the scholarships page on your programme of choice for eligibility and entry requirements.
Yes, we offer a 10% bursary on programme fees to successful candidates with an undergraduate degree from Imperial awarded at a minimum of upper second class, or Master’s degree awarded with a minimum of Merit. In order to be considered for this bursary, you must submit your application by the scholarship deadline.
If you are being sponsored by an organisation that will be responsible for paying your tuition fees, you must provide acceptable proof of the award.
Satisfactory evidence of sponsorship is usually regarded as an original, dated and duly authorised letter from your sponsor on headed paper which includes the following:
Your name and College Identifier Number
The programme for which you have been offered a place
The amount of fees which will be paid by your sponsor (please report in GBP)
The address to which the invoice should be sent
Any Purchase Order Number required
Confirmation that the fees will be sent directly to Imperial College
Sponsorship letters should be emailed to the Central Admissions team at email@example.com
Your CAS number holds information about the programme you will study and if you have paid any fees. You will not need a formal letter from the College confirming your offer status for your visa appointment.
For more information about what you will need, see the UKVI website.
We will start to issue CAS numbers from April. The details of your CAS will appear on your My Imperial record after you have met all the conditions of your offer. Please note that you will need to upload a scanned copy of the photo page of your passport and current visa (if you have recently completed a degree in the UK), before your CAS can be issued. Please upload these documents to the ‘Passport/visa’ section of your My Imperial account.
Once your CAS is ready, you will receive an email confirming that it has been uploaded onto your My Imperial account. If you log into My Imperial you will be able to find your CAS number and the details that have been included in your CAS.
Please note that we cannot provide you with a CAS if you have outstanding conditions on your offer. Please ensure that you allow enough time to meet your conditions and apply for a visa before the start date of your programme of study.