MSc Risk Management & Financial Engineering: Fees

Payment options

You can either pay your tuition fees in one instalment at the start of term or in two instalments, one in August and then one in February.

If you pay in two instalments, a 1% facility fee will be added to your first instalment. You will 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.

Please note: students requiring a student visa may opt to pay their fees by instalments, but this does not exempt them from the requirement to show evidence of funds to cover living expenses plus the full tuition fees for their MSc programme. Evidence of these funds must be shown in either the student’s or their parents’ bank account for a minimum of 28 days on a statement dated not more than 31 days prior to the visa application date. If the first instalment has been paid and shows as paid on the CAS, the visa applicant still needs to have the remaining tuition fees plus recommended living costs saved in a bank account for at least 28 days.

Deposits

If you are made an offer for a place on the programme, you will be asked to pay a deposit of 10% of the tuition fee in order to secure your place. This is part of the total fees and not an additional cost. The tuition fees team will email your deposit invoice within five working days of you accepting your offer. This will then need to be paid within 30 days of receiving the invoice. Your offer may be withdrawn if you fail to pay the deposit on time. Apart from in certain circumstances, deposits are not refundable if you fail to take up your place on the programme. You can find out if you qualify for a refund and the process for requesting a refund on the College’s postgraduate deposit information page.

What your fees cover:

• Tuition for the year

What your fees do not cover:

• Cost of accommodation and living expenses in London
• Core reading texts, supplementary texts and study materials
• Flights and accommodation for optional international electives
• Costs incurred as part of optional internships, exchanges or trips
• If you join one of our Career Clubs there will be a membership fee of £10 per club for the year