Financial Systems Engineering MSc

1 Year On Campus Masters Program

University College London

Program Overview

Engineering with Finance MSc at UCL is a one‑year full‑time master’s programme that blends engineering principles with finance, project‑management and financial‑markets knowledge. It’s ideal for students with a strong quantitative, engineering or applied‑mathematics background who want to work at the intersection of technology/engineering and business — e.g. in engineering management, infrastructure finance, tech‑driven projects or venture‑backed engineering innovations.


Curriculum Structure

Because it’s a one-year programme, you’ll cover both engineering‑driven and finance‑driven content, along with project work:

Core Modules

You do core engineering modules including New and Renewable Energy Systems and Control and Robotics — these build technical competence in modern engineering systems, materials, robotics or energy‑related engineering depending on specialisation. Alongside, you also study Financial Institutions and Markets, giving you grounding in how global financial markets and institutions work. There’s also Project Management, which helps you learn how to manage engineering and finance projects with proper planning, risk‑assessment and execution.

Optional Modules

You have freedom to choose optional modules based on interest. Options may include Financial Engineering, Entrepreneurial Finance, Data‑Driven Methods for Engineers, Advanced Computer Applications in Engineering, or modules in materials science/fatigue — letting you combine finance, computational methods, engineering design or even entrepreneurial aspects depending on your goals.

Project Work (Group + Individual)

A central part of the degree is a Group Design Project, where you and teammates design an engineering-based solution, considering both technical feasibility and financial/business viability. Then you also do an Individual Research / MSc Project, letting you dive deep into a topic that combines engineering, finance, and possibly innovation or investment analysis — a strong showcase of both technical and financial skills.


Focus Areas

Engineering systems and design (energy, robotics, advanced materials), financial markets and institutions, project management, financial engineering, entrepreneurial finance, computational methods applied to engineering and finance, and integration of technical + financial decision‑making.

Learning Outcomes

By the end of this MSc you will have:

  • Solid competence in modern engineering domains (energy systems, robotics, materials or systems design) plus the ability to think about such projects from a financial/investment perspective.

  • Skills in project management, financial-market analysis, financial structuring and entrepreneurial evaluation.

  • Cross-disciplinary capacity: able to assess engineering‑project feasibility, forecast costs/returns, consider financing structures, and manage technical + financial tradeoffs — strengths valued in industries blending tech, infrastructure, consulting, or sustainable engineering.

Professional Alignment (Career Relevance)

This degree suits you if you aim for roles such as project engineer with financial evaluation responsibilities, technical consultant in finance‑heavy engineering projects, fintech/insurtech roles involving engineering‑based products, sustainable‑energy investment analyst, infrastructure investment consultant, or even entrepreneur in engineering/tech ventures. Because it's accredited by the relevant engineering body (on behalf of the national engineering council), it also supports paths leading to chartered‑engineer status, if you have the right prior degree. 

Experiential Learning (Research, Projects, Internships etc.)

If you join the Engineering with Finance MSc at University College London (UCL), you'll gain far more than theoretical knowledge — you’ll build practical, real‑world skills and experience using top‑notch facilities and working on live-style projects. You’ll have access to UCL’s engineering and management labs, study spaces, and computing facilities, and you’ll collaborate on real engineering + finance problems.

Here’s how the experiential learning works — and where you’ll get hands‑on:

  • Integrated group design project: You’ll be part of a small team working to design an innovative engineering product — not just from a technical/design standpoint, but also incorporating finance, marketing, business planning, and five‑year projections. This isn’t a toy assignment: it’s a commercially viable prototype or concept.

  • Individual research project: Over the second half of your degree (March through September), you’ll carry out a substantial independent research project — under academic supervision. This gives you a chance to dive deep into a subject of your choice, whether in engineering (e.g., renewable energy systems, materials, robotics) or applied finance/innovation.

  • Modern engineering & computational tools: The curriculum includes core engineering modules (e.g., new & renewable energy systems, control and robotics), along with optional modules like “Advanced Computer Applications in Engineering” — giving you exposure to computational methods and digital tools that engineers and technologists use in real-world settings.

  • Finance + data-driven methods training: On the finance/management side, you’ll study financial institutions and markets, project management, and you can choose optional modules such as “Financial Engineering,” “Data-Driven Methods for Engineers,” or “Entrepreneurial Finance.” That means you’ll learn to analyze complex systems from both an engineering and financial/market perspective — a rare, powerful combination.

  • Industry‑relevant, career‑oriented exposure: Students on this course have previously worked with a variety of industries — manufacturing, maritime, process engineering — as well as finance and investment firms. Some have even been involved in spinning out new technologies.


🎯 What this degree prepares you for

  • The MSc is accredited by the Institution of Mechanical Engineers (IMechE) — meaning that on completion, you meet academic requirements to register as a Chartered Engineer (assuming you fulfil corresponding undergraduate accreditation).

  • You’ll be well equipped for senior‑level roles that bridge engineering, project management, finance, and business — for example in sustainable energy, manufacturing, robotics, infrastructure, or even in tech startups.

  • Since UCL is globally highly ranked, the degree carries brand value and recognition worldwide, which helps in job markets almost anywhere.


✅ Who this programme is ideal for

  • You already have a background in engineering, physics, or applied mathematics (or a closely related subject), and you want to build on that by adding finance + management + real‑world commercial sense.

  • You are excited by the idea of not just designing technologies — but also thinking about how they’re financed, marketed, and brought to life (e.g., renewable energy systems, robotics, sustainable engineering solutions).

  • You want a one‑year intensive, full‑time master’s that is varied (technical + financial + project work) and finishes with a strong credential.

Progression & Future Opportunities

If you complete the MSc Engineering with Finance at UCL, you’ll be well-positioned for roles such as Investment/Financial Analyst in engineering firms, Technical Project Manager in energy or manufacturing industries, Engineering‑Finance Consultant, or Business/Finance roles in tech or infrastructure companies — giving you a unique blend of engineering and financial skills. This makes you especially attractive to employers who need people who understand both technical feasibility and financial viability.

Progression & Future Opportunities:

  • University services that support employment: As a UCL student you’ll benefit from dedicated careers support through UCL Careers and departmental-level employer-engagement events, plus access to their global alumni network and innovation/incubator support if you aim for entrepreneurship.

  • Accreditation & long-term value: The MSc is accredited by the Institution of Mechanical Engineers (IMechE) on behalf of the Engineering Council — meaning it meets academic requirements for registration as a Chartered Engineer (CEng). That adds professional credibility and lifelong value.

  • Industry-ready skills and interdisciplinary strength: You’ll build real engineering capabilities (in areas like renewable energy systems, robotics, materials science) while also gaining financial, project-management, and data-driven decision-making skills — an attractive mix for firms working on technology development, sustainable energy, or industrial projects.

  • Graduate outcomes / employer interest: Recent graduates have landed roles at top employers including major consulting and audit firms such as KPMG, Deloitte, PwC — and also in large companies like Amazon, Unilever, and engineering/energy-sector businesses.

  • Flexibility in career direction: Because of the combined technical + financial training — and exposure to group projects, design work, and finance-driven engineering decision making — you’ll have the flexibility to pivot between pure engineering, consulting, management, finance, or even entrepreneurship, depending on your interests.

Further Academic Progression:
After finishing this MSc, you could choose to deepen your technical or financial knowledge via a PhD in engineering, energy systems, or financial engineering; or pursue an MBA or specialized finance/management Master’s — which could open doors to leadership or executive roles in industry or consulting.

Program Key Stats

£42700
£21500
Sept Intake : 1st Jan


30 %
No
No

Eligibility Criteria

3.3

6.5
92
2:1
60

Additional Information & Requirements

Career Options

  • Investment analyst
  • portfolio manager
  • asset manager
  • wealth manager
  • private banker
  • hedge fund analyst
  • equity research analyst
  • mutual fund analyst
  • fixed income analyst
  • alternative investments specialist
  • corporate banking associate
  • retail bank manager
  • commercial bank manager
  • credit analyst
  • loan underwriter
  • relationship manager
  • risk analyst
  • treasury analyst
  • trade finance specialist
  • investment banking analyst
  • corporate finance analyst
  • FP&A analyst
  • finance manager
  • business finance partner
  • treasury manager
  • financial controller
  • cost analyst
  • budget analyst
  • internal auditor
  • corporate strategy analyst
  • M&A analyst
  • compliance officer
  • AML specialist
  • fraud analyst
  • regulatory reporting analyst
  • financial crime analyst
  • GRC specialist
  • chartered accountant
  • management accountant
  • auditor
  • tax consultant
  • financial reporting analyst
  • financial consultant
  • business consultant
  • valuation analyst
  • due diligence analyst
  • transaction advisory analyst
  • management consultant
  • fintech product specialist
  • financial data analyst
  • blockchain finance analyst
  • quantitative analyst
  • algorithmic trading analyst
  • data scientist (finance)
  • business analyst (banking/finance IT)
  • insurance analyst
  • and actuarial analyst
  •  

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